Ithink Financial Credit Union Mortgage Lending & HMDA Data, 2024

In 2024, Ithink Financial Credit Union of Delray Beach, FL reported 1,348 mortgage applications totaling $332.4 million, up 2% from 2023. The average application was for $246,609, and applicants reported an average income of $242,991. 59% of its applications resulted in an originated loan and 25% were denied. Its largest markets were West Palm Beach-Boca Raton-Delray Beach, FL (398), Atlanta-Sandy Springs-Roswell, GA (147) and Marietta, GA (145) (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 1,348
Total Mortgage Loan Application Amount $332,430,000
Average Mortgage Loan Application Amount $246,609
Highest Mortgage Loan Application Amount $5,005,000
Average Applicant Income $242,991
Highest Applicant Income $7,000,000

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records Ithink Financial Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2024

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 398 $ 93,050,000 $ 233,793 $ 269,000
Broward, Florida 124 $ 24,670,000 $ 198,951 $ 265,000
St. Lucie, Florida 108 $ 13,170,000 $ 121,944 $ 141,000
Cobb, Georgia 92 $ 10,090,000 $ 109,673 $ 163,000
Miami-Dade, Florida 46 $ 27,810,000 $ 604,565 $ 460,000
Fulton, Georgia 42 $ 13,410,000 $ 319,285 $ 402,000
Martin, Florida 36 $ 13,920,000 $ 386,666 $ 263,000
Indian River, Florida 31 $ 6,155,000 $ 198,548 $ 175,000
Cherokee, Georgia 30 $ 3,900,000 $ 130,000 $ 258,000
DeKalb, Georgia 26 $ 3,790,000 $ 145,769 $ 122,000
Pinellas, Florida 22 $ 4,310,000 $ 195,909 $ 120,000
Brevard, Florida 20 $ 9,390,000 $ 469,500 $ 334,000
Pickens, Georgia 19 $ 2,295,000 $ 120,789 $ 118,000
Paulding, Georgia 17 $ 1,895,000 $ 111,470 $ 142,000
Hillsborough, Florida 15 $ 4,345,000 $ 289,666 $ 332,000
Volusia, Florida 11 $ 4,255,000 $ 386,818 $ 348,000
Gwinnett, Georgia 11 $ 1,265,000 $ 115,000 $ 145,000
Clayton, Georgia 10 $ 500,000 $ 50,000 $ 79,000
Henry, Georgia 10 $ 1,080,000 $ 108,000 $ 117,000
Douglas, Georgia 8 $ 1,050,000 $ 131,250 $ 132,000
Forsyth, Georgia 8 $ 860,000 $ 107,500 $ 132,000
Orange, Florida 7 $ 3,695,000 $ 527,857 $ 336,000
Pasco, Florida 6 $ 860,000 $ 143,333 $ 225,000
St. Johns, Florida 6 $ 1,730,000 $ 288,333 $ 194,000
Bartow, Georgia 6 $ 290,000 $ 48,333 $ 69,000
Loudoun, Virginia 6 $ 4,670,000 $ 778,333 $ 206,000
Manatee, Florida 5 $ 1,345,000 $ 269,000 $ 135,000
Seminole, Florida 5 $ 1,685,000 $ 337,000 $ 256,000
Anne Arundel, Maryland 5 $ 5,875,000 $ 1,175,000 $ 384,000
Howard, Maryland 5 $ 2,615,000 $ 523,000 $ 169,000
Wake, North Carolina 5 $ 515,000 $ 103,000 $ 140,000
Collier, Florida 4 $ 3,100,000 $ 775,000 $ 210,000
Worcester, Massachusetts 4 $ 240,000 $ 60,000 $ 133,000
Providence, Rhode Island 4 $ 640,000 $ 160,000 $ 107,000
Highlands, Florida 3 $ 155,000 $ 51,666 $ 96,000
Lake, Florida 3 $ 595,000 $ 198,333 $ 132,000
Marion, Florida 3 $ 325,000 $ 108,333 $ 87,000
Monroe, Florida 3 $ 1,315,000 $ 438,333 $ 360,000
Polk, Florida 3 $ 915,000 $ 305,000 $ 148,000
Bibb, Georgia 3 $ 345,000 $ 115,000 $ 170,000
Fayette, Georgia 3 $ 655,000 $ 218,333 $ 167,000
Gilmer, Georgia 3 $ 255,000 $ 85,000 $ 63,000
Baltimore City, Maryland 3 $ 465,000 $ 155,000 $ 109,000
Queen Anne's, Maryland 3 $ 925,000 $ 308,333 $ 399,000
Worcester, Maryland 3 $ 1,325,000 $ 441,666 $ 300,000
Suffolk, Massachusetts 3 $ 1,445,000 $ 481,666 $ 129,000
Oakland, Michigan 3 $ 665,000 $ 221,666 $ 206,000
Union, North Carolina 3 $ 495,000 $ 165,000 $ 1,732,000
Fairfax, Virginia 3 $ 1,985,000 $ 661,666 $ 193,000
Elmore, Alabama 2 $ 210,000 $ 105,000 $ 729,000
Yavapai, Arizona 2 $ 650,000 $ 325,000 $ 139,000
Contra Costa, California 2 $ 460,000 $ 230,000 $ 97,000
District of Columbia, District Of Columbia 2 $ 2,010,000 $ 1,005,000 $ 352,000
Charlotte, Florida 2 $ 580,000 $ 290,000 $ 247,000
Citrus, Florida 2 $ 520,000 $ 260,000 $ 68,000
Duval, Florida 2 $ 130,000 $ 65,000 $ 139,000
Lee, Florida 2 $ 700,000 $ 350,000 $ 51,000
Okeechobee, Florida 2 $ 390,000 $ 195,000 $ 144,000
Santa Rosa, Florida 2 $ 1,890,000 $ 945,000 $ 1,232,000
Sarasota, Florida 2 $ 270,000 $ 135,000 $ 112,000
Walton, Florida 2 $ 1,740,000 $ 870,000 $ 512,000
Carroll, Georgia 2 $ 140,000 $ 70,000 $ 49,000
Hall, Georgia 2 $ 310,000 $ 155,000 $ 100,000
Rockdale, Georgia 2 $ 200,000 $ 100,000 $ 44,000
Baltimore, Maryland 2 $ 590,000 $ 295,000 $ 121,000
Barnstable, Massachusetts 2 $ 1,210,000 $ 605,000 $ 363,000
Buncombe, North Carolina 2 $ 130,000 $ 65,000 $ 191,000
Delaware, Pennsylvania 2 $ 1,610,000 $ 805,000 $ 588,000
Luzerne, Pennsylvania 2 $ 120,000 $ 60,000 $ 0
Jasper, South Carolina 2 $ 150,000 $ 75,000 $ 75,000
Spartanburg, South Carolina 2 $ 230,000 $ 115,000 $ 76,000
Harris, Texas 2 $ 490,000 $ 245,000 $ 139,000
Fauquier, Virginia 2 $ 1,720,000 $ 860,000 $ 190,000
Prince William, Virginia 2 $ 1,080,000 $ 540,000 $ 181,000
King, Washington 2 $ 2,820,000 $ 1,410,000 $ 1,281,000
Cherokee, Alabama 1 $ 65,000 $ 65,000 $ 209,000
Cullman, Alabama 1 $ 25,000 $ 25,000 $ 63,000
Shelby, Alabama 1 $ 135,000 $ 135,000 $ 61,000
Maricopa, Arizona 1 $ 1,685,000 $ 1,685,000 $ 601,000
Alameda, California 1 $ 325,000 $ 325,000 $ 225,000
Marin, California 1 $ 1,505,000 $ 1,505,000 $ 834,000
Placer, California 1 $ 55,000 $ 55,000 $ 177,000
Riverside, California 1 $ 205,000 $ 205,000 $ 100,000
San Diego, California 1 $ 75,000 $ 75,000 $ 220,000
San Francisco, California 1 $ 405,000 $ 405,000 $ 238,000
Stanislaus, California 1 $ 255,000 $ 255,000 $ 58,000
Douglas, Colorado 1 $ 595,000 $ 595,000 $ 200,000
Eagle, Colorado 1 $ 1,155,000 $ 1,155,000 $ 1,653,000
Teller, Colorado 1 $ 105,000 $ 105,000 $ 59,000
Greater Bridgeport Planning Region, Connecticut 1 $ 135,000 $ 135,000 $ 57,000
Western Connecticut Planning Region, Connecticut 1 $ 505,000 $ 505,000 $ 564,000
Bay, Florida 1 $ 295,000 $ 295,000 $ 200,000
Escambia, Florida 1 $ 85,000 $ 85,000 $ 79,000
Flagler, Florida 1 $ 245,000 $ 245,000 $ 0
Hendry, Florida 1 $ 105,000 $ 105,000 $ 91,000
Nassau, Florida 1 $ 75,000 $ 75,000 $ 93,000
Sumter, Florida 1 $ 235,000 $ 235,000 $ 93,000
Barrow, Georgia 1 $ 85,000 $ 85,000 $ 179,000
Bryan, Georgia 1 $ 245,000 $ 245,000 $ 103,000
Chatham, Georgia 1 $ 375,000 $ 375,000 $ 255,000
Coweta, Georgia 1 $ 275,000 $ 275,000 $ 83,000
Dawson, Georgia 1 $ 55,000 $ 55,000 $ 68,000
Fannin, Georgia 1 $ 1,735,000 $ 1,735,000 $ 1,285,000
Floyd, Georgia 1 $ 205,000 $ 205,000 $ 186,000
Hart, Georgia 1 $ 105,000 $ 105,000 $ 55,000
Houston, Georgia 1 $ 25,000 $ 25,000 $ 98,000
Jones, Georgia 1 $ 275,000 $ 275,000 $ 112,000
Morgan, Georgia 1 $ 75,000 $ 75,000 $ 65,000
Newton, Georgia 1 $ 55,000 $ 55,000 $ 147,000
Peach, Georgia 1 $ 25,000 $ 25,000 $ 88,000
Polk, Georgia 1 $ 225,000 $ 225,000 $ 144,000
Walker, Georgia 1 $ 165,000 $ 165,000 $ 186,000
Walton, Georgia 1 $ 35,000 $ 35,000 $ 68,000
DeKalb, Illinois 1 $ 25,000 $ 25,000 $ 96,000
DuPage, Illinois 1 $ 15,000 $ 15,000 $ 250,000
Johnson, Kansas 1 $ 105,000 $ 105,000 $ 115,000
Madison, Kentucky 1 $ 105,000 $ 105,000 $ 62,000
Jefferson, Louisiana 1 $ 35,000 $ 35,000 $ 45,000
Frederick, Maryland 1 $ 105,000 $ 105,000 $ 151,000
Kent, Maryland 1 $ 375,000 $ 375,000 $ 75,000
Montgomery, Maryland 1 $ 1,355,000 $ 1,355,000 $ 315,000
St. Mary's, Maryland 1 $ 365,000 $ 365,000 $ 191,000
Essex, Massachusetts 1 $ 105,000 $ 105,000 $ 55,000
Norfolk, Massachusetts 1 $ 275,000 $ 275,000 $ 51,000
Genesee, Michigan 1 $ 105,000 $ 105,000 $ 288,000
Macomb, Michigan 1 $ 105,000 $ 105,000 $ 217,000
Newaygo, Michigan 1 $ 55,000 $ 55,000 $ 157,000
Wayne, Michigan 1 $ 95,000 $ 95,000 $ 92,000
Hennepin, Minnesota 1 $ 465,000 $ 465,000 $ 200,000
DeSoto, Mississippi 1 $ 135,000 $ 135,000 $ 104,000
Taney, Missouri 1 $ 835,000 $ 835,000 $ 0
Clark, Nevada 1 $ 265,000 $ 265,000 $ 168,000
Washoe, Nevada 1 $ 205,000 $ 205,000 $ 674,000
Cheshire, New Hampshire 1 $ 695,000 $ 695,000 $ 218,000
Cape May, New Jersey 1 $ 1,245,000 $ 1,245,000 $ 592,000
Essex, New Jersey 1 $ 805,000 $ 805,000 $ 840,000
Somerset, New Jersey 1 $ 105,000 $ 105,000 $ 237,000
Erie, New York 1 $ 225,000 $ 225,000 $ 121,000
Kings, New York 1 $ 75,000 $ 75,000 $ 44,000
Monroe, New York 1 $ 25,000 $ 25,000 $ 62,000
Queens, New York 1 $ 155,000 $ 155,000 $ 60,000
Richmond, New York 1 $ 155,000 $ 155,000 $ 453,000
Durham, North Carolina 1 $ 205,000 $ 205,000 $ 127,000
Guilford, North Carolina 1 $ 465,000 $ 465,000 $ 336,000
Iredell, North Carolina 1 $ 255,000 $ 255,000 $ 87,000
Mecklenburg, North Carolina 1 $ 105,000 $ 105,000 $ 85,000
Moore, North Carolina 1 $ 1,215,000 $ 1,215,000 $ 450,000
Cuyahoga, Ohio 1 $ 105,000 $ 105,000 $ 350,000
Allegheny, Pennsylvania 1 $ 365,000 $ 365,000 $ 290,000
Erie, Pennsylvania 1 $ 175,000 $ 175,000 $ 233,000
Northampton, Pennsylvania 1 $ 165,000 $ 165,000 $ 92,000
Washington, Rhode Island 1 $ 465,000 $ 465,000 $ 119,000
Aiken, South Carolina 1 $ 215,000 $ 215,000 $ 100,000
Beaufort, South Carolina 1 $ 75,000 $ 75,000 $ 73,000
Dorchester, South Carolina 1 $ 105,000 $ 105,000 $ 112,000
Greenville, South Carolina 1 $ 185,000 $ 185,000 $ 130,000
Horry, South Carolina 1 $ 225,000 $ 225,000 $ 255,000
Lancaster, South Carolina 1 $ 105,000 $ 105,000 $ 74,000
Pickens, South Carolina 1 $ 85,000 $ 85,000 $ 137,000
York, South Carolina 1 $ 105,000 $ 105,000 $ 329,000
Davidson, Tennessee 1 $ 425,000 $ 425,000 $ 200,000
Jefferson, Tennessee 1 $ 105,000 $ 105,000 $ 145,000
Monroe, Tennessee 1 $ 105,000 $ 105,000 $ 43,000
Williamson, Tennessee 1 $ 105,000 $ 105,000 $ 254,000
Collin, Texas 1 $ 45,000 $ 45,000 $ 137,000
Henderson, Texas 1 $ 2,485,000 $ 2,485,000 $ 1,501,000
Midland, Texas 1 $ 905,000 $ 905,000 $ 1,032,000
Montgomery, Texas 1 $ 105,000 $ 105,000 $ 148,000
Franklin, Vermont 1 $ 55,000 $ 55,000 $ 95,000
Chesapeake, Virginia 1 $ 915,000 $ 915,000 $ 775,000
Emporia, Virginia 1 $ 125,000 $ 125,000 $ 127,000
Frederick, Virginia 1 $ 125,000 $ 125,000 $ 46,000
Norfolk, Virginia 1 $ 485,000 $ 485,000 $ 283,000
Virginia Beach, Virginia 1 $ 295,000 $ 295,000 $ 392,000

Mortgage Loan Application Detail Totals for Ithink Financial Credit Union in 2024

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 554 $77,400,000 $139,000 $3,005,000 $207,000 $4,872,000
Refinancing 374 $58,960,000 $157,000 $2,805,000 $153,000 $1,501,000
Home Purchase 322 $174,300,000 $541,000 $5,005,000 $357,000 $7,000,000
Home Improvement 57 $13,705,000 $240,000 $2,505,000 $609,000 $6,299,000
Other Purpose 41 $8,065,000 $196,000 $1,705,000 $146,000 $840,000
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 728 $198,350,000 $272,000 $3,005,000 $242,000 $4,925,000
Not Provided 200 $58,570,000 $292,000 $2,585,000 $249,000 $2,100,000
Black or African American 199 $27,555,000 $138,000 $5,005,000 $200,000 $7,000,000
Hispanic 171 $30,705,000 $179,000 $2,485,000 $268,000 $6,299,000
Asian 44 $16,110,000 $366,000 $2,555,000 $340,000 $4,217,000
American Indian or Alaskan Native 4 $690,000 $172,000 $265,000 $255,000 $688,000
Native Hawaiian or Other Pacific Islander 2 $450,000 $225,000 $295,000 $103,000 $104,000
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) 1,345 $330,495,000 $245,000 $5,005,000 $243,000 $7,000,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $1,880,000 $940,000 $1,505,000 $576,000 $891,000
FHA-insured (Federal Housing Administration) 1 $55,000 $55,000 $55,000 $109,000 $109,000
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 790 $228,890,000 $289,000 $5,005,000 $231,000 $7,000,000
Application Denied By Financial Institution 331 $47,205,000 $142,000 $3,005,000 $184,000 $4,872,000
Application Withdrawn By Applicant 213 $51,265,000 $240,000 $2,505,000 $380,000 $6,299,000
File Closed For Incompleteness 5 $1,135,000 $227,000 $505,000 $197,000 $480,000
Application Approved But Not Accepted 5 $2,475,000 $495,000 $1,505,000 $294,000 $834,000
Preapproval Denied by Financial Institution 4 $1,460,000 $365,000 $705,000 $241,000 $489,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 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 1,013 $283,765,000 $280,000 $5,005,000 $262,000 $7,000,000
Debt-To-Income Ratio 149 $20,275,000 $136,000 $1,705,000 $80,000 $401,000
Credit Application Incomplete 88 $17,040,000 $193,000 $3,005,000 $327,000 $4,872,000
Credit History 45 $5,425,000 $120,000 $565,000 $187,000 $2,783,000
Collateral 34 $2,800,000 $82,000 $375,000 $292,000 $3,065,000
Unverifiable Information 11 $2,005,000 $182,000 $655,000 $101,000 $214,000
Other 6 $560,000 $93,000 $205,000 $113,000 $170,000
Insufficient Cash (Downpayment, Closing Cost) 1 $385,000 $385,000 $385,000 $329,000 $329,000
Mortgage Insurance Denied 1 $175,000 $175,000 $175,000 $170,000 $170,000
Employment History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Ithink Financial Credit Union's 2024 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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