Ithink Financial Credit Union Mortgage Lending & HMDA Data, 2019

In 2019, Ithink Financial Credit Union of Delray Beach, FL reported 1,739 mortgage applications totaling $217.4 million, up 10% from 2018. The average application was for $125,028, and applicants reported an average income of $110,750. 72% of its applications resulted in an originated loan and 16% were denied. Its largest markets were Atlanta-Sandy Springs-Roswell, GA (558), West Palm Beach-Boca Raton-Delray Beach, FL (483) and Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (211) (applications in parentheses).

Mortgage Company & Address Ithink Financial Credit Union
1000 Nw 17th Avenue
Delray Beach, FL 33445
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  
Total Number of Mortgage Applications 1,739
Total Mortgage Loan Application Amount $217,425,000
Average Mortgage Loan Application Amount $125,028
Highest Mortgage Loan Application Amount $3,925,000
Average Applicant Income $110,750
Highest Applicant Income $3,995,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Ithink Financial Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Ithink Financial Credit Union by County in 2019

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Palm Beach, Florida 483 $ 63,235,000 $ 130,921 $ 108,000
Broward, Florida 211 $ 25,745,000 $ 122,014 $ 133,000
Cobb, Georgia 195 $ 20,145,000 $ 103,307 $ 95,000
St. Lucie, Florida 109 $ 11,775,000 $ 108,027 $ 82,000
Cherokee, Georgia 69 $ 7,595,000 $ 110,072 $ 90,000
Fulton, Georgia 64 $ 10,440,000 $ 163,125 $ 133,000
Miami-Dade, Florida 46 $ 5,000,000 $ 108,695 $ 124,000
DeKalb, Georgia 39 $ 5,255,000 $ 134,743 $ 123,000
Gwinnett, Georgia 38 $ 6,100,000 $ 160,526 $ 148,000
Paulding, Georgia 29 $ 2,475,000 $ 85,344 $ 78,000
Clayton, Georgia 25 $ 1,545,000 $ 61,800 $ 64,000
Hillsborough, Florida 24 $ 1,820,000 $ 75,833 $ 149,000
Pickens, Georgia 23 $ 1,715,000 $ 74,565 $ 83,000
Worcester, Massachusetts 22 $ 4,570,000 $ 207,727 $ 91,000
Forsyth, Georgia 19 $ 2,625,000 $ 138,157 $ 105,000
Indian River, Florida 18 $ 2,000,000 $ 111,111 $ 96,000
Martin, Florida 18 $ 3,110,000 $ 172,777 $ 163,000
Pinellas, Florida 17 $ 2,315,000 $ 136,176 $ 142,000
Douglas, Georgia 11 $ 935,000 $ 85,000 $ 104,000
Henry, Georgia 10 $ 1,100,000 $ 110,000 $ 93,000
Orange, Florida 9 $ 1,415,000 $ 157,222 $ 142,000
Pasco, Florida 7 $ 785,000 $ 112,142 $ 99,000
Bartow, Georgia 7 $ 895,000 $ 127,857 $ 95,000
Coweta, Georgia 7 $ 1,095,000 $ 156,428 $ 95,000
Fayette, Georgia 7 $ 695,000 $ 99,285 $ 159,000
Lake, Florida 6 $ 570,000 $ 95,000 $ 82,000
Sarasota, Florida 6 $ 590,000 $ 98,333 $ 98,000
Seminole, Florida 6 $ 750,000 $ 125,000 $ 117,000
Brevard, Florida 5 $ 515,000 $ 103,000 $ 131,000
Volusia, Florida 5 $ 1,095,000 $ 219,000 $ 125,000
Los Angeles, California 4 $ 930,000 $ 232,500 $ 125,000
Polk, Florida 4 $ 220,000 $ 55,000 $ 72,000
Carroll, Georgia 4 $ 200,000 $ 50,000 $ 80,000
Wake, North Carolina 4 $ 1,450,000 $ 362,500 $ 230,000
Jefferson, Alabama 3 $ 425,000 $ 141,666 $ 45,000
Windham, Connecticut 3 $ 655,000 $ 218,333 $ 225,000
Charlotte, Florida 3 $ 605,000 $ 201,666 $ 168,000
Duval, Florida 3 $ 295,000 $ 98,333 $ 101,000
St. Johns, Florida 3 $ 195,000 $ 65,000 $ 58,000
Columbia, Georgia 3 $ 165,000 $ 55,000 $ 35,000
Dawson, Georgia 3 $ 185,000 $ 61,666 $ 126,000
Gilmer, Georgia 3 $ 285,000 $ 95,000 $ 122,000
Rockdale, Georgia 3 $ 235,000 $ 78,333 $ 86,000
Cook, Illinois 3 $ 295,000 $ 98,333 $ 108,000
Prince George's, Maryland 3 $ 485,000 $ 161,666 $ 67,000
Hampden, Massachusetts 3 $ 725,000 $ 241,666 $ 101,000
Middlesex, Massachusetts 3 $ 1,405,000 $ 468,333 $ 109,000
Jasper, South Carolina 3 $ 385,000 $ 128,333 $ 104,000
Harris, Texas 3 $ 375,000 $ 125,000 $ 82,000
Cherokee, Alabama 2 $ 260,000 $ 130,000 $ 123,000
Maricopa, Arizona 2 $ 170,000 $ 85,000 $ 134,000
Solano, California 2 $ 160,000 $ 80,000 $ 78,000
Citrus, Florida 2 $ 160,000 $ 80,000 $ 87,000
Escambia, Florida 2 $ 260,000 $ 130,000 $ 89,000
Hernando, Florida 2 $ 390,000 $ 195,000 $ 107,000
Manatee, Florida 2 $ 320,000 $ 160,000 $ 292,000
Bibb, Georgia 2 $ 120,000 $ 60,000 $ 146,000
Gordon, Georgia 2 $ 290,000 $ 145,000 $ 54,000
Hall, Georgia 2 $ 100,000 $ 50,000 $ 111,000
Jackson, Georgia 2 $ 240,000 $ 120,000 $ 79,000
Montgomery, Maryland 2 $ 720,000 $ 360,000 $ 257,000
Hampshire, Massachusetts 2 $ 240,000 $ 120,000 $ 113,000
Atlantic, New Jersey 2 $ 230,000 $ 115,000 $ 295,000
Monmouth, New Jersey 2 $ 130,000 $ 65,000 $ 192,000
Durham, North Carolina 2 $ 510,000 $ 255,000 $ 248,000
Jackson, North Carolina 2 $ 140,000 $ 70,000 $ 97,000
Mecklenburg, North Carolina 2 $ 70,000 $ 35,000 $ 155,000
New Hanover, North Carolina 2 $ 260,000 $ 130,000 $ 191,000
Yancey, North Carolina 2 $ 430,000 $ 215,000 $ 89,000
Davidson, Tennessee 2 $ 100,000 $ 50,000 $ 40,000
Houston, Alabama 1 $ 25,000 $ 25,000 $ 115,000
Randolph, Alabama 1 $ 215,000 $ 215,000 $ 148,000
Shelby, Alabama 1 $ 105,000 $ 105,000 $ 58,000
Izard, Arkansas 1 $ 25,000 $ 25,000 $ 60,000
Orange, California 1 $ 75,000 $ 75,000 $ 162,000
San Benito, California 1 $ 75,000 $ 75,000 $ 87,000
San Bernardino, California 1 $ 105,000 $ 105,000 $ 213,000
Santa Clara, California 1 $ 675,000 $ 675,000 $ 155,000
Sonoma, California 1 $ 375,000 $ 375,000 $ 269,000
Adams, Colorado 1 $ 65,000 $ 65,000 $ 130,000
Garfield, Colorado 1 $ 25,000 $ 25,000 $ 48,000
Bay, Florida 1 $ 65,000 $ 65,000 $ 62,000
Clay, Florida 1 $ 105,000 $ 105,000 $ 69,000
Collier, Florida 1 $ 285,000 $ 285,000 $ 179,000
Columbia, Florida 1 $ 185,000 $ 185,000 $ 70,000
Flagler, Florida 1 $ 105,000 $ 105,000 $ 127,000
Franklin, Florida 1 $ 245,000 $ 245,000 $ 84,000
Hendry, Florida 1 $ 65,000 $ 65,000 $ 87,000
Lee, Florida 1 $ 215,000 $ 215,000 $ 52,000
Leon, Florida 1 $ 25,000 $ 25,000 $ 64,000
Osceola, Florida 1 $ 355,000 $ 355,000 $ 264,000
Santa Rosa, Florida 1 $ 65,000 $ 65,000 $ 35,000
Barrow, Georgia 1 $ 45,000 $ 45,000 $ 199,000
Bryan, Georgia 1 $ 185,000 $ 185,000 $ 62,000
Butts, Georgia 1 $ 15,000 $ 15,000 $ 80,000
Clarke, Georgia 1 $ 135,000 $ 135,000 $ 148,000
Dade, Georgia 1 $ 65,000 $ 65,000 $ 104,000
Dougherty, Georgia 1 $ 115,000 $ 115,000 $ 37,000
Evans, Georgia 1 $ 45,000 $ 45,000 $ 84,000
Floyd, Georgia 1 $ 55,000 $ 55,000 $ 61,000
Haralson, Georgia 1 $ 65,000 $ 65,000 $ 86,000
Lee, Georgia 1 $ 225,000 $ 225,000 $ 91,000
Morgan, Georgia 1 $ 395,000 $ 395,000 $ 146,000
Oconee, Georgia 1 $ 105,000 $ 105,000 $ 127,000
Polk, Georgia 1 $ 105,000 $ 105,000 $ 41,000
Spalding, Georgia 1 $ 105,000 $ 105,000 $ 61,000
Ware, Georgia 1 $ 25,000 $ 25,000 $ 15,000
White, Georgia 1 $ 195,000 $ 195,000 $ 259,000
DuPage, Illinois 1 $ 65,000 $ 65,000 $ 136,000
Jackson, Illinois 1 $ 235,000 $ 235,000 $ 74,000
Lake, Illinois 1 $ 55,000 $ 55,000 $ 178,000
Monroe, Illinois 1 $ 75,000 $ 75,000 $ 97,000
Dearborn, Indiana 1 $ 185,000 $ 185,000 $ 75,000
Johnson, Kansas 1 $ 55,000 $ 55,000 $ 146,000
Lafayette, Louisiana 1 $ 35,000 $ 35,000 $ 53,000
St. Tammany, Louisiana 1 $ 115,000 $ 115,000 $ 40,000
Howard, Maryland 1 $ 35,000 $ 35,000 $ 151,000
Norfolk, Massachusetts 1 $ 345,000 $ 345,000 $ 150,000
Kent, Michigan 1 $ 25,000 $ 25,000 $ 77,000
Lapeer, Michigan 1 $ 165,000 $ 165,000 $ 90,000
Macomb, Michigan 1 $ 345,000 $ 345,000 $ 184,000
Oakland, Michigan 1 $ 35,000 $ 35,000 $ 131,000
Hennepin, Minnesota 1 $ 25,000 $ 25,000 $ 60,000
Wright, Minnesota 1 $ 15,000 $ 15,000 $ 80,000
Lowndes, Mississippi 1 $ 85,000 $ 85,000 $ 139,000
Winston, Mississippi 1 $ 45,000 $ 45,000 $ 54,000
Jefferson, Missouri 1 $ 295,000 $ 295,000 $ 170,000
St. Louis City, Missouri 1 $ 25,000 $ 25,000 $ 126,000
Sarpy, Nebraska 1 $ 215,000 $ 215,000 $ 151,000
Clark, Nevada 1 $ 355,000 $ 355,000 $ 163,000
Merrimack, New Hampshire 1 $ 35,000 $ 35,000 $ 90,000
Strafford, New Hampshire 1 $ 85,000 $ 85,000 $ 91,000
Burlington, New Jersey 1 $ 325,000 $ 325,000 $ 86,000
Hudson, New Jersey 1 $ 155,000 $ 155,000 $ 66,000
Hunterdon, New Jersey 1 $ 75,000 $ 75,000 $ 70,000
Somerset, New Jersey 1 $ 375,000 $ 375,000 $ 135,000
Delaware, New York 1 $ 75,000 $ 75,000 $ 72,000
Erie, New York 1 $ 105,000 $ 105,000 $ 86,000
Monroe, New York 1 $ 155,000 $ 155,000 $ 157,000
Nassau, New York 1 $ 105,000 $ 105,000 $ 50,000
Cabarrus, North Carolina 1 $ 295,000 $ 295,000 $ 144,000
Catawba, North Carolina 1 $ 85,000 $ 85,000 $ 147,000
Chatham, North Carolina 1 $ 105,000 $ 105,000 $ 58,000
Cherokee, North Carolina 1 $ 135,000 $ 135,000 $ 47,000
Clay, North Carolina 1 $ 95,000 $ 95,000 $ 40,000
Iredell, North Carolina 1 $ 535,000 $ 535,000 $ 285,000
Rowan, North Carolina 1 $ 65,000 $ 65,000 $ 71,000
Union, North Carolina 1 $ 75,000 $ 75,000 $ 173,000
Hamilton, Ohio 1 $ 25,000 $ 25,000 $ 86,000
Multnomah, Oregon 1 $ 105,000 $ 105,000 $ 193,000
Bucks, Pennsylvania 1 $ 165,000 $ 165,000 $ 183,000
Erie, Pennsylvania 1 $ 145,000 $ 145,000 $ 125,000
Northampton, Pennsylvania 1 $ 285,000 $ 285,000 $ 167,000
Philadelphia, Pennsylvania 1 $ 55,000 $ 55,000 $ 67,000
Charleston, South Carolina 1 $ 205,000 $ 205,000 $ 210,000
Georgetown, South Carolina 1 $ 435,000 $ 435,000 $ 135,000
Greenville, South Carolina 1 $ 185,000 $ 185,000 $ 166,000
Pickens, South Carolina 1 $ 5,000 $ 5,000 $ 152,000
York, South Carolina 1 $ 55,000 $ 55,000 $ 110,000
Franklin, Tennessee 1 $ 205,000 $ 205,000 $ 136,000
Knox, Tennessee 1 $ 105,000 $ 105,000 $ 137,000
Loudon, Tennessee 1 $ 355,000 $ 355,000 $ 163,000
Madison, Tennessee 1 $ 85,000 $ 85,000 $ 45,000
Putnam, Tennessee 1 $ 265,000 $ 265,000 $ 45,000
Rutherford, Tennessee 1 $ 55,000 $ 55,000 $ 80,000
Shelby, Tennessee 1 $ 185,000 $ 185,000 $ 126,000
Williamson, Tennessee 1 $ 55,000 $ 55,000 $ 151,000
Brazoria, Texas 1 $ 205,000 $ 205,000 $ 179,000
Utah, Utah 1 $ 65,000 $ 65,000 $ 154,000
Henrico, Virginia 1 $ 55,000 $ 55,000 $ 211,000
Roanoke, Virginia 1 $ 335,000 $ 335,000 $ 214,000

Mortgage Loan Application Detail Totals for Ithink Financial Credit Union in 2019

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
Cash-out Refinancing 1,339 $130,065,000 $97,000 $675,000 $109,000 $3,995,000
Home Purchase 317 $72,095,000 $227,000 $3,925,000 $116,000 $925,000
Refinancing 79 $15,055,000 $190,000 $475,000 $122,000 $421,000
Other Purpose 3 $165,000 $55,000 $155,000 $60,000 $154,000
Home Improvement 1 $45,000 $45,000 $45,000 $54,000 $54,000
Not Applicable 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 1,069 $140,595,000 $131,000 $3,925,000 $117,000 $3,995,000
Black or African American 290 $32,980,000 $113,000 $535,000 $90,000 $387,000
Hispanic 208 $24,200,000 $116,000 $745,000 $104,000 $591,000
Not Provided 115 $11,865,000 $103,000 $555,000 $108,000 $1,428,000
Asian 55 $7,585,000 $137,000 $675,000 $124,000 $396,000
American Indian or Alaskan Native 1 $95,000 $95,000 $95,000 $239,000 $239,000
Not applicable 1 $105,000 $105,000 $105,000 $58,000 $58,000
Native Hawaiian or Other Pacific Islander 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) 1,731 $216,405,000 $125,000 $3,925,000 $110,000 $3,995,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4 $680,000 $170,000 $355,000 $96,000 $163,000
FHA-insured (Federal Housing Administration) 3 $265,000 $88,000 $125,000 $401,000 $1,005,000
VA-guaranteed (Veterans Administration) 1 $75,000 $75,000 $75,000 $48,000 $48,000

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 1,244 $150,880,000 $121,000 $3,925,000 $112,000 $3,995,000
Application Denied By Financial Institution 284 $33,430,000 $117,000 $675,000 $86,000 $1,005,000
Application Withdrawn By Applicant 200 $31,920,000 $159,000 $1,505,000 $138,000 $1,428,000
Application Approved But Not Accepted 11 $1,195,000 $108,000 $265,000 $103,000 $293,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial 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
Not applicable 1,455 $183,995,000 $126,000 $3,925,000 $116,000 $3,995,000
Debt-To-Income Ratio 104 $11,450,000 $110,000 $505,000 $67,000 $235,000
Other 43 $4,795,000 $111,000 $405,000 $98,000 $273,000
Credit Application Incomplete 40 $6,240,000 $156,000 $675,000 $122,000 $1,005,000
Collateral 39 $4,385,000 $112,000 $555,000 $98,000 $420,000
Credit History 37 $4,225,000 $114,000 $425,000 $90,000 $435,000
Unverifiable Information 12 $1,280,000 $106,000 $245,000 $61,000 $144,000
Employment History 6 $870,000 $145,000 $225,000 $55,000 $113,000
Insufficient Cash (Downpayment, Closing Cost) 3 $185,000 $61,000 $155,000 $29,000 $37,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Ithink Financial Credit Union's 2019 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 Ithink Financial 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.
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