Ithink Financial Credit Union Mortgage Lending & HMDA Data, 2021

In 2021, Ithink Financial Credit Union of Delray Beach, FL reported 1,902 mortgage applications totaling $629.3 million, up 16% from 2020. The average application was for $330,841, and applicants reported an average income of $176,253. 73% of its applications resulted in an originated loan and 13% were denied. Its largest markets were West Palm Beach-Boca Raton-Delray Beach, FL (578), Atlanta-Sandy Springs-Roswell, GA (489) and Port St. Lucie, FL (218) (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 1,902
Total Mortgage Loan Application Amount $629,260,000
Average Mortgage Loan Application Amount $330,841
Highest Mortgage Loan Application Amount $19,175,000
Average Applicant Income $176,253
Highest Applicant Income $8,077,000

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records Ithink Financial Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2021

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 578 $ 252,850,000 $ 437,456 $ 213,000
Cobb, Georgia 166 $ 25,720,000 $ 154,939 $ 107,000
St. Lucie, Florida 162 $ 27,960,000 $ 172,592 $ 146,000
Broward, Florida 158 $ 42,940,000 $ 271,772 $ 211,000
Fulton, Georgia 77 $ 17,755,000 $ 230,584 $ 133,000
Martin, Florida 56 $ 37,670,000 $ 672,678 $ 285,000
Cherokee, Georgia 50 $ 8,140,000 $ 162,800 $ 106,000
Indian River, Florida 41 $ 10,045,000 $ 245,000 $ 111,000
Miami-Dade, Florida 41 $ 24,805,000 $ 605,000 $ 255,000
DeKalb, Georgia 30 $ 7,010,000 $ 233,666 $ 119,000
Paulding, Georgia 30 $ 3,340,000 $ 111,333 $ 79,000
Gwinnett, Georgia 28 $ 5,590,000 $ 199,642 $ 112,000
Orange, Florida 26 $ 16,760,000 $ 644,615 $ 258,000
Worcester, Massachusetts 25 $ 6,155,000 $ 246,200 $ 110,000
Pickens, Georgia 23 $ 4,175,000 $ 181,521 $ 119,000
Clayton, Georgia 21 $ 2,315,000 $ 110,238 $ 60,000
Pinellas, Florida 18 $ 4,460,000 $ 247,777 $ 164,000
St. Johns, Florida 18 $ 5,990,000 $ 332,777 $ 153,000
Volusia, Florida 15 $ 4,815,000 $ 321,000 $ 157,000
Brevard, Florida 13 $ 5,125,000 $ 394,230 $ 149,000
Bartow, Georgia 13 $ 1,615,000 $ 124,230 $ 67,000
Hillsborough, Florida 12 $ 4,900,000 $ 408,333 $ 156,000
Gilmer, Georgia 11 $ 1,535,000 $ 139,545 $ 73,000
Monroe, Florida 10 $ 13,460,000 $ 1,346,000 $ 387,000
Collier, Florida 9 $ 9,535,000 $ 1,059,444 $ 648,000
Sarasota, Florida 8 $ 2,630,000 $ 328,750 $ 75,000
Seminole, Florida 8 $ 3,050,000 $ 381,250 $ 197,000
Forsyth, Georgia 8 $ 1,090,000 $ 136,250 $ 137,000
Henry, Georgia 8 $ 1,010,000 $ 126,250 $ 96,000
Lake, Florida 7 $ 2,165,000 $ 309,285 $ 218,000
Lee, Florida 7 $ 3,245,000 $ 463,571 $ 391,000
Polk, Florida 7 $ 1,235,000 $ 176,428 $ 106,000
Douglas, Georgia 7 $ 1,305,000 $ 186,428 $ 82,000
Manatee, Florida 6 $ 3,120,000 $ 520,000 $ 279,000
Osceola, Florida 6 $ 3,620,000 $ 603,333 $ 438,000
Pasco, Florida 6 $ 1,000,000 $ 166,666 $ 91,000
Fayette, Georgia 6 $ 1,430,000 $ 238,333 $ 150,000
Marion, Florida 5 $ 1,105,000 $ 221,000 $ 60,000
Brunswick, North Carolina 5 $ 1,095,000 $ 219,000 $ 97,000
Citrus, Florida 4 $ 780,000 $ 195,000 $ 152,000
Carroll, Georgia 4 $ 330,000 $ 82,500 $ 83,000
Hall, Georgia 4 $ 590,000 $ 147,500 $ 129,000
Houston, Georgia 4 $ 920,000 $ 230,000 $ 81,000
Maricopa, Arizona 3 $ 155,000 $ 51,666 $ 72,000
District of Columbia, District Of Columbia 3 $ 2,705,000 $ 901,666 $ 435,000
Charlotte, Florida 3 $ 3,495,000 $ 1,165,000 $ 478,000
Hernando, Florida 3 $ 685,000 $ 228,333 $ 90,000
Dawson, Georgia 3 $ 935,000 $ 311,666 $ 316,000
Fannin, Georgia 3 $ 295,000 $ 98,333 $ 116,000
Wake, North Carolina 3 $ 995,000 $ 331,666 $ 124,000
Adams, Colorado 2 $ 690,000 $ 345,000 $ 132,000
Bay, Florida 2 $ 300,000 $ 150,000 $ 101,000
Duval, Florida 2 $ 1,940,000 $ 970,000 $ 368,000
Barrow, Georgia 2 $ 190,000 $ 95,000 $ 43,000
Coweta, Georgia 2 $ 600,000 $ 300,000 $ 87,000
Murray, Georgia 2 $ 470,000 $ 235,000 $ 146,000
Rockdale, Georgia 2 $ 550,000 $ 275,000 $ 133,000
Towns, Georgia 2 $ 390,000 $ 195,000 $ 151,000
Howard, Maryland 2 $ 1,480,000 $ 740,000 $ 298,000
Hampden, Massachusetts 2 $ 470,000 $ 235,000 $ 58,000
Bergen, New Jersey 2 $ 1,060,000 $ 530,000 $ 486,000
Gaston, North Carolina 2 $ 350,000 $ 175,000 $ 31,000
Henderson, North Carolina 2 $ 440,000 $ 220,000 $ 86,000
Beaufort, South Carolina 2 $ 310,000 $ 155,000 $ 85,000
Spartanburg, South Carolina 2 $ 390,000 $ 195,000 $ 62,000
Harris, Texas 2 $ 550,000 $ 275,000 $ 156,000
Fairfax, Virginia 2 $ 1,740,000 $ 870,000 $ 328,000
Calhoun, Alabama 1 $ 55,000 $ 55,000 $ 67,000
Elmore, Alabama 1 $ 5,000 $ 5,000 $ 52,000
Jefferson, Alabama 1 $ 1,005,000 $ 1,005,000 $ 255,000
Los Angeles, California 1 $ 3,465,000 $ 3,465,000 $ 141,000
Orange, California 1 $ 745,000 $ 745,000 $ 460,000
San Diego, California 1 $ 1,505,000 $ 1,505,000 $ 159,000
Arapahoe, Colorado 1 $ 205,000 $ 205,000 $ 188,000
Broomfield, Colorado 1 $ 55,000 $ 55,000 $ 199,000
Elbert, Colorado 1 $ 775,000 $ 775,000 $ 127,000
Weld, Colorado 1 $ 105,000 $ 105,000 $ 75,000
Windham, Connecticut 1 $ 715,000 $ 715,000 $ 204,000
Alachua, Florida 1 $ 1,055,000 $ 1,055,000 $ 613,000
Flagler, Florida 1 $ 45,000 $ 45,000 $ 112,000
Highlands, Florida 1 $ 105,000 $ 105,000 $ 41,000
Leon, Florida 1 $ 995,000 $ 995,000 $ 247,000
Levy, Florida 1 $ 15,000 $ 15,000 $ 632,000
Okaloosa, Florida 1 $ 105,000 $ 105,000 $ 181,000
Putnam, Florida 1 $ 105,000 $ 105,000 $ 27,000
Walton, Florida 1 $ 145,000 $ 145,000 $ 50,000
Baldwin, Georgia 1 $ 45,000 $ 45,000 $ 15,000
Butts, Georgia 1 $ 205,000 $ 205,000 $ 30,000
Catoosa, Georgia 1 $ 235,000 $ 235,000 $ 95,000
Chatham, Georgia 1 $ 205,000 $ 205,000 $ 183,000
Columbia, Georgia 1 $ 85,000 $ 85,000 $ 42,000
Dougherty, Georgia 1 $ 365,000 $ 365,000 $ 229,000
Glynn, Georgia 1 $ 255,000 $ 255,000 $ 75,000
Gordon, Georgia 1 $ 155,000 $ 155,000 $ 52,000
Haralson, Georgia 1 $ 145,000 $ 145,000 $ 70,000
Heard, Georgia 1 $ 105,000 $ 105,000 $ 100,000
Lamar, Georgia 1 $ 115,000 $ 115,000 $ 72,000
Liberty, Georgia 1 $ 185,000 $ 185,000 $ 48,000
Lumpkin, Georgia 1 $ 145,000 $ 145,000 $ 60,000
Madison, Georgia 1 $ 65,000 $ 65,000 $ 117,000
Meriwether, Georgia 1 $ 125,000 $ 125,000 $ 124,000
Morgan, Georgia 1 $ 395,000 $ 395,000 $ 70,000
Newton, Georgia 1 $ 35,000 $ 35,000 $ 51,000
Polk, Georgia 1 $ 65,000 $ 65,000 $ 0
Putnam, Georgia 1 $ 265,000 $ 265,000 $ 139,000
Spalding, Georgia 1 $ 225,000 $ 225,000 $ 68,000
Upson, Georgia 1 $ 65,000 $ 65,000 $ 157,000
Walton, Georgia 1 $ 245,000 $ 245,000 $ 51,000
White, Georgia 1 $ 105,000 $ 105,000 $ 20,000
Cook, Illinois 1 $ 65,000 $ 65,000 $ 0
Peoria, Illinois 1 $ 165,000 $ 165,000 $ 52,000
Will, Illinois 1 $ 5,000 $ 5,000 $ 227,000
Morgan, Indiana 1 $ 205,000 $ 205,000 $ 251,000
Scott, Kentucky 1 $ 685,000 $ 685,000 $ 331,000
Anne Arundel, Maryland 1 $ 985,000 $ 985,000 $ 427,000
Montgomery, Maryland 1 $ 515,000 $ 515,000 $ 96,000
Barnstable, Massachusetts 1 $ 525,000 $ 525,000 $ 264,000
Hampshire, Massachusetts 1 $ 235,000 $ 235,000 $ 87,000
Middlesex, Massachusetts 1 $ 605,000 $ 605,000 $ 146,000
Norfolk, Massachusetts 1 $ 515,000 $ 515,000 $ 164,000
Plymouth, Massachusetts 1 $ 185,000 $ 185,000 $ 77,000
Livingston, Michigan 1 $ 255,000 $ 255,000 $ 135,000
Oakland, Michigan 1 $ 105,000 $ 105,000 $ 67,000
Lee, Mississippi 1 $ 355,000 $ 355,000 $ 157,000
St. Louis City, Missouri 1 $ 215,000 $ 215,000 $ 131,000
Douglas, Nebraska 1 $ 105,000 $ 105,000 $ 35,000
Mercer, New Jersey 1 $ 45,000 $ 45,000 $ 249,000
Somerset, New Jersey 1 $ 185,000 $ 185,000 $ 89,000
Nassau, New York 1 $ 55,000 $ 55,000 $ 209,000
Suffolk, New York 1 $ 125,000 $ 125,000 $ 37,000
Tompkins, New York 1 $ 65,000 $ 65,000 $ 31,000
Buncombe, North Carolina 1 $ 505,000 $ 505,000 $ 120,000
Burke, North Carolina 1 $ 425,000 $ 425,000 $ 161,000
Carteret, North Carolina 1 $ 765,000 $ 765,000 $ 0
Chatham, North Carolina 1 $ 155,000 $ 155,000 $ 38,000
Davidson, North Carolina 1 $ 105,000 $ 105,000 $ 44,000
Durham, North Carolina 1 $ 285,000 $ 285,000 $ 264,000
Graham, North Carolina 1 $ 175,000 $ 175,000 $ 78,000
Johnston, North Carolina 1 $ 35,000 $ 35,000 $ 54,000
Lincoln, North Carolina 1 $ 5,000 $ 5,000 $ 133,000
Macon, North Carolina 1 $ 195,000 $ 195,000 $ 68,000
Moore, North Carolina 1 $ 205,000 $ 205,000 $ 59,000
Person, North Carolina 1 $ 85,000 $ 85,000 $ 75,000
Pitt, North Carolina 1 $ 165,000 $ 165,000 $ 160,000
Union, North Carolina 1 $ 65,000 $ 65,000 $ 135,000
Burleigh, North Dakota 1 $ 145,000 $ 145,000 $ 256,000
Clackamas, Oregon 1 $ 305,000 $ 305,000 $ 177,000
Washington, Oregon 1 $ 155,000 $ 155,000 $ 159,000
Allegheny, Pennsylvania 1 $ 175,000 $ 175,000 $ 302,000
Chester, Pennsylvania 1 $ 155,000 $ 155,000 $ 275,000
Luzerne, Pennsylvania 1 $ 45,000 $ 45,000 $ 49,000
Monroe, Pennsylvania 1 $ 355,000 $ 355,000 $ 0
Kent, Rhode Island 1 $ 1,205,000 $ 1,205,000 $ 754,000
Providence, Rhode Island 1 $ 685,000 $ 685,000 $ 284,000
Washington, Rhode Island 1 $ 105,000 $ 105,000 $ 94,000
Horry, South Carolina 1 $ 145,000 $ 145,000 $ 104,000
Jasper, South Carolina 1 $ 95,000 $ 95,000 $ 120,000
Oconee, South Carolina 1 $ 105,000 $ 105,000 $ 48,000
York, South Carolina 1 $ 45,000 $ 45,000 $ 108,000
Davidson, Tennessee 1 $ 645,000 $ 645,000 $ 1,770,000
Hamilton, Tennessee 1 $ 345,000 $ 345,000 $ 132,000
Jackson, Tennessee 1 $ 65,000 $ 65,000 $ 72,000
Sevier, Tennessee 1 $ 275,000 $ 275,000 $ 60,000
Shelby, Tennessee 1 $ 235,000 $ 235,000 $ 77,000
Bell, Texas 1 $ 55,000 $ 55,000 $ 106,000
Travis, Texas 1 $ 725,000 $ 725,000 $ 338,000
Windsor, Vermont 1 $ 435,000 $ 435,000 $ 206,000
Henrico, Virginia 1 $ 885,000 $ 885,000 $ 402,000
Roanoke, Virginia 1 $ 825,000 $ 825,000 $ 170,000
Skagit, Washington 1 $ 455,000 $ 455,000 $ 200,000
Wood, West Virginia 1 $ 145,000 $ 145,000 $ 121,000

Mortgage Loan Application Detail Totals for Ithink Financial Credit Union in 2021

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 1,072 $204,530,000 $190,000 $9,555,000 $130,000 $2,893,000
Home Purchase 527 $299,295,000 $567,000 $19,175,000 $268,000 $8,077,000
Refinancing 299 $122,455,000 $409,000 $7,285,000 $181,000 $3,904,000
Home Improvement 4 $2,980,000 $745,000 $1,535,000 $130,000 $295,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 1,233 $465,245,000 $377,000 $19,175,000 $190,000 $4,320,000
Black or African American 286 $47,430,000 $165,000 $1,325,000 $114,000 $8,077,000
Hispanic 163 $39,905,000 $244,000 $7,005,000 $131,000 $2,251,000
Not Provided 150 $53,430,000 $356,000 $4,555,000 $192,000 $3,904,000
Asian 52 $19,370,000 $372,000 $3,155,000 $261,000 $5,480,000
American Indian or Alaskan Native 5 $1,035,000 $207,000 $365,000 $139,000 $233,000
Not applicable 5 $1,445,000 $289,000 $425,000 $778,000 $2,825,000
Native Hawaiian or Other Pacific Islander 1 $85,000 $85,000 $85,000 $64,000 $64,000

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) 1,874 $620,310,000 $331,000 $19,175,000 $176,000 $8,077,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 18 $2,950,000 $163,000 $1,505,000 $112,000 $304,000
VA-guaranteed (Veterans Administration) 6 $2,230,000 $371,000 $755,000 $125,000 $363,000
FHA-insured (Federal Housing Administration) 4 $3,770,000 $942,000 $3,005,000 $755,000 $2,766,000

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 1,387 $517,575,000 $373,000 $19,175,000 $195,000 $8,077,000
Application Denied By Financial Institution 243 $43,905,000 $180,000 $3,465,000 $93,000 $632,000
Application Withdrawn By Applicant 219 $56,195,000 $256,000 $3,855,000 $162,000 $2,893,000
File Closed For Incompleteness 50 $11,310,000 $226,000 $3,005,000 $122,000 $1,117,000
Application Approved But Not Accepted 3 $275,000 $91,000 $195,000 $76,000 $128,000
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 1,659 $585,355,000 $352,000 $19,175,000 $188,000 $8,077,000
Debt-To-Income Ratio 74 $15,560,000 $210,000 $3,465,000 $61,000 $257,000
Credit History 60 $9,480,000 $158,000 $645,000 $92,000 $469,000
Collateral 51 $6,105,000 $119,000 $535,000 $107,000 $632,000
Credit Application Incomplete 35 $5,525,000 $157,000 $505,000 $124,000 $350,000
Other 11 $1,555,000 $141,000 $465,000 $94,000 $240,000
Insufficient Cash (Downpayment, Closing Cost) 6 $3,490,000 $581,000 $1,315,000 $213,000 $613,000
Unverifiable Information 5 $2,125,000 $425,000 $1,765,000 $103,000 $400,000
Employment History 1 $65,000 $65,000 $65,000 $68,000 $68,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Ithink Financial Credit Union's 2021 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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