Hudson Valley Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2003
Hudson Valley Credit Union 2003 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Hudson Valley Credit Union Po Box 1071 Poughkeepsie, NY 12602 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 4,981 |
| Total Mortgage Loan Application Amount | $602,735,000 |
| Average Mortgage Loan Application Amount | $133,600 |
| Highest Mortgage Loan Application Amount | $700,000 |
| Average Applicant Income | $75,100 |
| Highest Applicant Income | $659,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2003 with Hudson Valley Credit Union. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Hudson Valley Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2003 breaks down Hudson Valley Credit Union's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Hudson Valley Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Hudson Valley Credit Union, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Hudson Valley Credit Union's mortgage activity for 2003.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Dutchess County New York | 3,293 | $ 392,802,000 | $ 119,000 | $ 75,000 |
| Ulster County New York | 625 | $ 71,179,000 | $ 113,000 | $ 76,000 |
| Orange County New York | 559 | $ 55,818,000 | $ 99,000 | $ 61,000 |
| Westchester County New York | 128 | $ 26,480,000 | $ 206,000 | $ 143,000 |
| Fairfield County Connecticut | 83 | $ 18,015,000 | $ 217,000 | $ 135,000 |
| Putnam County New York | 71 | $ 11,818,000 | $ 166,000 | $ 102,000 |
| Columbia County New York | 39 | $ 3,741,000 | $ 95,000 | $ 46,000 |
| New Haven County Connecticut | 19 | $ 2,129,000 | $ 112,000 | $ 64,000 |
| Sullivan County New York | 19 | $ 1,534,000 | $ 80,000 | $ 74,000 |
| Litchfield County Connecticut | 17 | $ 2,293,000 | $ 134,000 | $ 86,000 |
| Rockland County New York | 15 | $ 2,245,000 | $ 149,000 | $ 94,000 |
| Saratoga County New York | 9 | $ 574,000 | $ 63,000 | $ 60,000 |
| Schenectady County New York | 9 | $ 1,121,000 | $ 124,000 | $ 88,000 |
| Hartford County Connecticut | 8 | $ 1,451,000 | $ 181,000 | $ 134,000 |
| Albany County New York | 8 | $ 1,288,000 | $ 161,000 | $ 86,000 |
| Greene County New York | 7 | $ 634,000 | $ 90,000 | $ 52,000 |
| Nassau County New York | 7 | $ 1,163,000 | $ 166,000 | $ 109,000 |
| Suffolk County New York | 7 | $ 1,132,000 | $ 161,000 | $ 122,000 |
| Kings County New York | 4 | $ 828,000 | $ 207,000 | $ 56,000 |
| Otsego County New York | 4 | $ 400,000 | $ 100,000 | $ 113,000 |
| Queens County New York | 4 | $ 632,000 | $ 158,000 | $ 94,000 |
| Rensselaer County New York | 4 | $ 410,000 | $ 102,000 | $ 138,000 |
| Middlesex County Connecticut | 3 | $ 574,000 | $ 191,000 | $ 96,000 |
| Delaware County New York | 3 | $ 232,000 | $ 77,000 | $ 43,000 |
| Middlesex County Massachusetts | 2 | $ 620,000 | $ 310,000 | $ 103,000 |
| Bronx County New York | 2 | $ 320,000 | $ 160,000 | $ 163,000 |
| Chenango County New York | 2 | $ 162,000 | $ 81,000 | $ 97,000 |
| Clinton County New York | 2 | $ 259,000 | $ 129,000 | $ 22,000 |
| Jefferson County New York | 2 | $ 61,000 | $ 30,000 | $ 54,000 |
| New York County New York | 2 | $ 289,000 | $ 144,000 | $ 134,000 |
| Washington County New York | 2 | $ 347,000 | $ 173,000 | $ 63,000 |
| Autauga County Alabama | 1 | $ 30,000 | $ 30,000 | $ 46,000 |
| New London County Connecticut | 1 | $ 144,000 | $ 144,000 | $ 112,000 |
| Tolland County Connecticut | 1 | $ 158,000 | $ 158,000 | $ 84,000 |
| Windham County Connecticut | 1 | $ 160,000 | $ 160,000 | $ 36,000 |
| Barnstable County Massachusetts | 1 | $ 20,000 | $ 20,000 | $ 0 |
| Hunterdon County New Jersey | 1 | $ 150,000 | $ 150,000 | $ 0 |
| Broome County New York | 1 | $ 295,000 | $ 295,000 | $ 80,000 |
| Cayuga County New York | 1 | $ 123,000 | $ 123,000 | $ 109,000 |
| Chautauqua County New York | 1 | $ 95,000 | $ 95,000 | $ 80,000 |
| Chemung County New York | 1 | $ 46,000 | $ 46,000 | $ 68,000 |
| Erie County New York | 1 | $ 116,000 | $ 116,000 | $ 107,000 |
| Fulton County New York | 1 | $ 15,000 | $ 15,000 | $ 97,000 |
| Hamilton County New York | 1 | $ 50,000 | $ 50,000 | $ 52,000 |
| Lewis County New York | 1 | $ 32,000 | $ 32,000 | $ 112,000 |
| Monroe County New York | 1 | $ 139,000 | $ 139,000 | $ 94,000 |
| Onondaga County New York | 1 | $ 112,000 | $ 112,000 | $ 60,000 |
| Ontario County New York | 1 | $ 110,000 | $ 110,000 | $ 72,000 |
| Oswego County New York | 1 | $ 55,000 | $ 55,000 | $ 51,000 |
| Steuben County New York | 1 | $ 104,000 | $ 104,000 | $ 180,000 |
| Warren County New York | 1 | $ 20,000 | $ 20,000 | $ 101,000 |
Mortgage Loan Application Detail Totals for Hudson Valley Credit Union in 2003
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Refinancing (home purchase or home improvement, one-to-four family) | 4,248 | $491,707,000 | $136,600 | $639,000 | $61,000 | $659,000 |
| Home Purchase (one-to-four family) | 567 | $101,716,000 | $180,000 | $700,000 | $77,000 | $617,000 |
| Home Improvement (one-to-four family) | 166 | $9,312,000 | $56,500 | $350,000 | $107,500 | $360,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 0 | $0 | $0 | $0 | $0 | $0 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 3,904 | $459,205,000 | $125,000 | $639,000 | $70,600 | $617,000 |
| Information not provided by applicant in mail or telephone application | 456 | $57,881,000 | $195,000 | $700,000 | $92,333 | $659,000 |
| Asian or Pacific Islander | 246 | $44,601,000 | $233,000 | $617,000 | $93,000 | $400,000 |
| Hispanic | 165 | $18,277,000 | $200,000 | $420,000 | $146,500 | $304,000 |
| Black | 154 | $15,598,000 | $99,000 | $427,000 | $61,000 | $222,000 |
| Other | 30 | $3,688,000 | $122,000 | $400,000 | $72,000 | $191,000 |
| American Indian or Alaskan Native | 26 | $3,485,000 | $134,000 | $315,000 | $73,000 | $393,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 4,981 | $602,735,000 | $134,000 | $700,000 | $61,000 | $659,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 4,008 | $493,615,000 | $126,333 | $700,000 | $89,333 | $617,000 |
| Application Denied By Financial Institution | 371 | $37,250,000 | $117,600 | $500,000 | $47,000 | $338,000 |
| Application Withdrawn By Applicant | 358 | $45,798,000 | $152,000 | $580,000 | $90,500 | $254,000 |
| Application Approved But Not Accepted | 218 | $22,258,000 | $134,333 | $500,000 | $87,666 | $659,000 |
| File Closed For Incompleteness | 26 | $3,814,000 | $118,000 | $324,000 | $86,000 | $307,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Credit History | 88 | $8,559,000 | $51,500 | $280,000 | $64,500 | $174,000 |
| Debt-To-Income Ratio | 76 | $6,793,000 | $53,500 | $400,000 | $70,500 | $136,000 |
| Collateral | 32 | $2,734,000 | $108,500 | $264,000 | $46,000 | $200,000 |
| Other | 21 | $2,419,000 | $152,333 | $419,000 | $56,000 | $210,000 |
| Employment History | 3 | $420,000 | $145,000 | $160,000 | $27,500 | $38,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $114,000 | $114,000 | $114,000 | $36,000 | $36,000 |
| Unverifiable Information | 1 | $74,000 | $74,000 | $74,000 | $50,000 | $50,000 |
| Credit Application Incomplete | 1 | $40,000 | $40,000 | $40,000 | $20,000 | $20,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Hudson Valley Credit Union's 2003 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Hudson Valley Credit Union's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in New York, download the full spreadsheet
with aggregated HMDA statistics today.