Justice Federal Credit Union Mortgage Lending & HMDA Data, 2010

In 2010, Justice Federal Credit Union of Chantilly, VA reported 858 mortgage applications totaling $131.4 million, down 12% from 2009. The average application was for $153,193, and applicants reported an average income of $114,433. 36% of its applications resulted in an originated loan and 19% were denied. Its largest markets were Washington-Arlington-Alexandria, DC-VA-MD-WV (306), Bethesda-Rockville-Frederick, MD (42) and Baltimore-Towson, MD (30) (applications in parentheses).

Mortgage Company & Address Justice Federal Credit Union
5175 Parkstone Drive, Ste. 200
Chantilly, VA 20151
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 858
Total Mortgage Loan Application Amount $131,440,000
Average Mortgage Loan Application Amount $153,193
Highest Mortgage Loan Application Amount $1,075,000
Average Applicant Income $114,433
Highest Applicant Income $1,010,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Justice Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Justice Federal Credit Union by County in 2010

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Prince George's, Maryland 83 $ 5,656,000 $ 68,144 $ 89,000
District of Columbia, District Of Columbia 65 $ 8,931,000 $ 137,400 $ 103,000
Fairfax, Virginia 37 $ 9,037,000 $ 244,243 $ 164,000
Montgomery, Maryland 34 $ 4,458,000 $ 131,117 $ 166,000
Prince William, Virginia 27 $ 4,108,000 $ 152,148 $ 134,000
Harrison, West Virginia 22 $ 2,489,000 $ 113,136 $ 105,000
Charles, Maryland 19 $ 997,000 $ 52,473 $ 123,000
Arlington, Virginia 19 $ 5,088,000 $ 267,789 $ 175,000
Harris, Texas 14 $ 1,026,000 $ 73,285 $ 88,000
Spotsylvania, Virginia 13 $ 1,068,000 $ 82,153 $ 109,000
Anne Arundel, Maryland 10 $ 1,127,000 $ 112,700 $ 133,000
Calvert, Maryland 10 $ 417,000 $ 41,700 $ 84,000
Alexandria, Virginia 10 $ 1,504,000 $ 150,400 $ 129,000
Loudoun, Virginia 10 $ 1,370,000 $ 137,000 $ 143,000
Miami-Dade, Florida 9 $ 1,030,000 $ 114,444 $ 83,000
Stafford, Virginia 9 $ 1,254,000 $ 139,333 $ 151,000
Marion, West Virginia 9 $ 520,000 $ 57,777 $ 95,000
Baltimore, Maryland 8 $ 1,103,000 $ 137,875 $ 119,000
Frederick, Maryland 8 $ 1,241,000 $ 155,125 $ 92,000
Broward, Florida 7 $ 1,241,000 $ 177,285 $ 80,000
Los Angeles, California 6 $ 777,000 $ 129,500 $ 88,000
Howard, Maryland 6 $ 1,196,000 $ 199,333 $ 140,000
Cumberland, New Jersey 6 $ 196,000 $ 32,666 $ 84,000
Nassau, New York 6 $ 1,021,000 $ 170,166 $ 129,000
Kings, New York 5 $ 83,000 $ 16,600 $ 45,000
Queens, New York 5 $ 1,051,000 $ 210,200 $ 114,000
San Diego, California 4 $ 904,000 $ 226,000 $ 185,000
Bergen, New Jersey 4 $ 624,000 $ 156,000 $ 134,000
Doddridge, West Virginia 4 $ 169,000 $ 42,250 $ 66,000
Carroll, Maryland 3 $ 1,115,000 $ 371,666 $ 99,000
Monmouth, New Jersey 3 $ 731,000 $ 243,666 $ 135,000
Bronx, New York 3 $ 30,000 $ 10,000 $ 76,000
Suffolk, New York 3 $ 190,000 $ 63,333 $ 178,000
Jefferson, Texas 3 $ 62,000 $ 20,666 $ 100,000
Montgomery, Texas 3 $ 664,000 $ 221,333 $ 141,000
Virginia Beach, Virginia 3 $ 534,000 $ 178,000 $ 427,000
Barbour, West Virginia 3 $ 88,000 $ 29,333 $ 73,000
Preston, West Virginia 3 $ 315,000 $ 105,000 $ 102,000
Taylor, West Virginia 3 $ 290,000 $ 96,666 $ 94,000
Jefferson, Alabama 2 $ 13,000 $ 6,500 $ 35,000
Mobile, Alabama 2 $ 14,000 $ 7,000 $ 126,000
Pima, Arizona 2 $ 330,000 $ 165,000 $ 38,000
St. Francis, Arkansas 2 $ 26,000 $ 13,000 $ 65,000
Riverside, California 2 $ 359,000 $ 179,500 $ 107,000
San Bernardino, California 2 $ 223,000 $ 111,500 $ 86,000
Brevard, Florida 2 $ 108,000 $ 54,000 $ 107,000
Charlotte, Florida 2 $ 127,000 $ 63,500 $ 92,000
Manatee, Florida 2 $ 205,000 $ 102,500 $ 84,000
Chatham, Georgia 2 $ 25,000 $ 12,500 $ 77,000
Gwinnett, Georgia 2 $ 633,000 $ 316,500 $ 137,000
Queen Anne's, Maryland 2 $ 415,000 $ 207,500 $ 84,000
St. Mary's, Maryland 2 $ 148,000 $ 74,000 $ 49,000
Middlesex, Massachusetts 2 $ 298,000 $ 149,000 $ 121,000
Essex, New Jersey 2 $ 211,000 $ 105,500 $ 67,000
Hudson, New Jersey 2 $ 371,000 $ 185,500 $ 142,000
Middlesex, New Jersey 2 $ 48,000 $ 24,000 $ 77,000
Somerset, New Jersey 2 $ 320,000 $ 160,000 $ 162,000
Putnam, New York 2 $ 120,000 $ 60,000 $ 279,000
Richmond, New York 2 $ 415,000 $ 207,500 $ 120,000
Allegheny, Pennsylvania 2 $ 97,000 $ 48,500 $ 72,000
Dinwiddie, Virginia 2 $ 38,000 $ 19,000 $ 52,000
Fauquier, Virginia 2 $ 955,000 $ 477,500 $ 230,000
Berkeley, West Virginia 2 $ 125,000 $ 62,500 $ 70,000
Greenbrier, West Virginia 2 $ 271,000 $ 135,500 $ 105,000
Lewis, West Virginia 2 $ 86,000 $ 43,000 $ 80,000
Monongalia, West Virginia 2 $ 284,000 $ 142,000 $ 224,000
Raleigh, West Virginia 2 $ 261,000 $ 130,500 $ 112,000
Tyler, West Virginia 2 $ 170,000 $ 85,000 $ 65,000
Upshur, West Virginia 2 $ 426,000 $ 213,000 $ 141,000
Wood, West Virginia 2 $ 160,000 $ 80,000 $ 92,000
Baldwin, Alabama 1 $ 15,000 $ 15,000 $ 90,000
Maricopa, Arizona 1 $ 206,000 $ 206,000 $ 131,000
Santa Clara, California 1 $ 20,000 $ 20,000 $ 132,000
Stanislaus, California 1 $ 45,000 $ 45,000 $ 219,000
Broomfield, Colorado 1 $ 294,000 $ 294,000 $ 110,000
Douglas, Colorado 1 $ 312,000 $ 312,000 $ 95,000
Mesa, Colorado 1 $ 225,000 $ 225,000 $ 97,000
Fairfield, Connecticut 1 $ 15,000 $ 15,000 $ 80,000
Duval, Florida 1 $ 350,000 $ 350,000 $ 300,000
Hernando, Florida 1 $ 97,000 $ 97,000 $ 63,000
Lake, Florida 1 $ 10,000 $ 10,000 $ 48,000
Lee, Florida 1 $ 31,000 $ 31,000 $ 62,000
Osceola, Florida 1 $ 20,000 $ 20,000 $ 76,000
Palm Beach, Florida 1 $ 10,000 $ 10,000 $ 175,000
Pasco, Florida 1 $ 155,000 $ 155,000 $ 173,000
Polk, Florida 1 $ 375,000 $ 375,000 $ 216,000
Sarasota, Florida 1 $ 25,000 $ 25,000 $ 97,000
St. Johns, Florida 1 $ 50,000 $ 50,000 $ 19,000
Clayton, Georgia 1 $ 25,000 $ 25,000 $ 35,000
Cobb, Georgia 1 $ 150,000 $ 150,000 $ 120,000
Glynn, Georgia 1 $ 250,000 $ 250,000 $ 94,000
Jackson, Georgia 1 $ 25,000 $ 25,000 $ 78,000
Liberty, Georgia 1 $ 20,000 $ 20,000 $ 76,000
Muscogee, Georgia 1 $ 6,000 $ 6,000 $ 86,000
Wayne, Georgia 1 $ 15,000 $ 15,000 $ 90,000
White, Georgia 1 $ 417,000 $ 417,000 $ 107,000
Bond, Illinois 1 $ 40,000 $ 40,000 $ 62,000
Cook, Illinois 1 $ 8,000 $ 8,000 $ 64,000
Hamilton, Indiana 1 $ 417,000 $ 417,000 $ 201,000
Johnson, Indiana 1 $ 40,000 $ 40,000 $ 132,000
Fayette, Kentucky 1 $ 25,000 $ 25,000 $ 125,000
Jefferson, Louisiana 1 $ 215,000 $ 215,000 $ 102,000
Lafayette, Louisiana 1 $ 9,000 $ 9,000 $ 135,000
Rapides, Louisiana 1 $ 10,000 $ 10,000 $ 121,000
St. Helena, Louisiana 1 $ 5,000 $ 5,000 $ 37,000
St. Tammany, Louisiana 1 $ 120,000 $ 120,000 $ 43,000
Cumberland, Maine 1 $ 330,000 $ 330,000 $ 150,000
Baltimore City, Maryland 1 $ 43,000 $ 43,000 $ 44,000
Washington, Maryland 1 $ 100,000 $ 100,000 $ 104,000
Worcester, Maryland 1 $ 312,000 $ 312,000 $ 77,000
Essex, Massachusetts 1 $ 344,000 $ 344,000 $ 200,000
Hampden, Massachusetts 1 $ 270,000 $ 270,000 $ 229,000
Suffolk, Massachusetts 1 $ 25,000 $ 25,000 $ 82,000
Chippewa, Michigan 1 $ 199,000 $ 199,000 $ 201,000
Oakland, Michigan 1 $ 202,000 $ 202,000 $ 61,000
Van Buren, Michigan 1 $ 65,000 $ 65,000 $ 57,000
Lafayette, Mississippi 1 $ 147,000 $ 147,000 $ 101,000
Lowndes, Mississippi 1 $ 40,000 $ 40,000 $ 77,000
Barton, Missouri 1 $ 133,000 $ 133,000 $ 49,000
Clark, Nevada 1 $ 200,000 $ 200,000 $ 62,000
Carroll, New Hampshire 1 $ 173,000 $ 173,000 $ 229,000
Burlington, New Jersey 1 $ 7,000 $ 7,000 $ 147,000
Hunterdon, New Jersey 1 $ 75,000 $ 75,000 $ 112,000
Morris, New Jersey 1 $ 355,000 $ 355,000 $ 167,000
Ocean, New Jersey 1 $ 280,000 $ 280,000 $ 99,000
Sussex, New Jersey 1 $ 8,000 $ 8,000 $ 124,000
Union, New Jersey 1 $ 86,000 $ 86,000 $ 77,000
Curry, New Mexico 1 $ 15,000 $ 15,000 $ 60,000
Dona Ana, New Mexico 1 $ 66,000 $ 66,000 $ 137,000
Erie, New York 1 $ 237,000 $ 237,000 $ 253,000
Genesee, New York 1 $ 7,000 $ 7,000 $ 119,000
Orange, New York 1 $ 170,000 $ 170,000 $ 98,000
Saratoga, New York 1 $ 20,000 $ 20,000 $ 123,000
St. Lawrence, New York 1 $ 30,000 $ 30,000 $ 42,000
Ulster, New York 1 $ 152,000 $ 152,000 $ 53,000
Westchester, New York 1 $ 5,000 $ 5,000 $ 125,000
Buncombe, North Carolina 1 $ 117,000 $ 117,000 $ 164,000
Chatham, North Carolina 1 $ 100,000 $ 100,000 $ 78,000
Moore, North Carolina 1 $ 16,000 $ 16,000 $ 125,000
Nash, North Carolina 1 $ 26,000 $ 26,000 $ 53,000
Vance, North Carolina 1 $ 2,000 $ 2,000 $ 72,000
Wake, North Carolina 1 $ 8,000 $ 8,000 $ 76,000
Columbiana, Ohio 1 $ 50,000 $ 50,000 $ 91,000
Lawrence, Ohio 1 $ 5,000 $ 5,000 $ 50,000
Mahoning, Ohio 1 $ 176,000 $ 176,000 $ 159,000
Deschutes, Oregon 1 $ 129,000 $ 129,000 $ 108,000
Beaver, Pennsylvania 1 $ 20,000 $ 20,000 $ 73,000
Bucks, Pennsylvania 1 $ 150,000 $ 150,000 $ 81,000
Cumberland, Pennsylvania 1 $ 158,000 $ 158,000 $ 104,000
Delaware, Pennsylvania 1 $ 178,000 $ 178,000 $ 146,000
Franklin, Pennsylvania 1 $ 250,000 $ 250,000 $ 192,000
Montgomery, Pennsylvania 1 $ 191,000 $ 191,000 $ 162,000
Philadelphia, Pennsylvania 1 $ 8,000 $ 8,000 $ 62,000
Pike, Pennsylvania 1 $ 112,000 $ 112,000 $ 75,000
Schuylkill, Pennsylvania 1 $ 192,000 $ 192,000 $ 110,000
San Juan, Puerto Rico 1 $ 22,000 $ 22,000 $ 112,000
Beaufort, South Carolina 1 $ 407,000 $ 407,000 $ 235,000
Marlboro, South Carolina 1 $ 139,000 $ 139,000 $ 85,000
Davidson, Tennessee 1 $ 200,000 $ 200,000 $ 65,000
Shelby, Tennessee 1 $ 4,000 $ 4,000 $ 64,000
Williamson, Tennessee 1 $ 170,000 $ 170,000 $ 85,000
Austin, Texas 1 $ 60,000 $ 60,000 $ 88,000
Bexar, Texas 1 $ 139,000 $ 139,000 $ 117,000
Collin, Texas 1 $ 22,000 $ 22,000 $ 106,000
Comal, Texas 1 $ 22,000 $ 22,000 $ 127,000
Dimmit, Texas 1 $ 5,000 $ 5,000 $ 113,000
Fort Bend, Texas 1 $ 5,000 $ 5,000 $ 58,000
Johnson, Texas 1 $ 5,000 $ 5,000 $ 125,000
Webb, Texas 1 $ 3,000 $ 3,000 $ 45,000
Wise, Texas 1 $ 109,000 $ 109,000 $ 105,000
Caroline, Virginia 1 $ 238,000 $ 238,000 $ 313,000
Culpeper, Virginia 1 $ 31,000 $ 31,000 $ 84,000
Fredericksburg, Virginia 1 $ 9,000 $ 9,000 $ 85,000
Harrisonburg, Virginia 1 $ 323,000 $ 323,000 $ 208,000
Manassas, Virginia 1 $ 40,000 $ 40,000 $ 115,000
Mecklenburg, Virginia 1 $ 52,000 $ 52,000 $ 63,000
Northumberland, Virginia 1 $ 358,000 $ 358,000 $ 118,000
Petersburg, Virginia 1 $ 6,000 $ 6,000 $ 98,000
Rockingham, Virginia 1 $ 155,000 $ 155,000 $ 63,000
Tazewell, Virginia 1 $ 163,000 $ 163,000 $ 47,000
Westmoreland, Virginia 1 $ 255,000 $ 255,000 $ 178,000
King, Washington 1 $ 150,000 $ 150,000 $ 195,000
Clay, West Virginia 1 $ 5,000 $ 5,000 $ 47,000
Nicholas, West Virginia 1 $ 135,000 $ 135,000 $ 78,000
Randolph, West Virginia 1 $ 13,000 $ 13,000 $ 95,000
Ritchie, West Virginia 1 $ 208,000 $ 208,000 $ 48,000
Webster, West Virginia 1 $ 74,000 $ 74,000 $ 89,000
Milwaukee, Wisconsin 1 $ 10,000 $ 10,000 $ 32,000

Mortgage Loan Application Detail Totals for Justice Federal Credit Union in 2010

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
Home Improvement 354 $8,404,000 $23,000 $290,000 $102,000 $1,010,000
Refinancing 273 $64,446,000 $236,000 $1,075,000 $136,000 $451,000
Home Purchase 231 $58,590,000 $253,000 $730,000 $108,000 $340,000

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
Not Provided 405 $32,847,000 $81,000 $650,000 $105,000 $1,010,000
White 294 $64,953,000 $220,000 $1,075,000 $129,000 $451,000
Black or African American 92 $18,565,000 $201,000 $643,000 $105,000 $266,000
Hispanic 46 $8,812,000 $191,000 $600,000 $115,000 $333,000
Asian 18 $5,943,000 $330,000 $599,000 $131,000 $340,000
American Indian or Alaskan Native 2 $220,000 $110,000 $170,000 $85,000 $85,000
Native Hawaiian or Other Pacific Islander 1 $100,000 $100,000 $100,000 $102,000 $102,000
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) 858 $131,440,000 $153,000 $1,075,000 $114,000 $1,010,000
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 313 $32,009,000 $102,000 $590,000 $116,000 $1,010,000
Application Denied By Financial Institution 161 $20,110,000 $124,000 $655,000 $96,000 $271,000
File Closed For Incompleteness 119 $20,001,000 $168,000 $1,075,000 $131,000 $451,000
Application Withdrawn By Applicant 102 $23,411,000 $229,000 $643,000 $122,000 $350,000
Preapproval Approved but not Accepted 60 $17,853,000 $297,000 $730,000 $120,000 $255,000
Application Approved But Not Accepted 54 $8,673,000 $160,000 $599,000 $131,000 $347,000
Preapproval Denied by Financial Institution 49 $9,383,000 $191,000 $495,000 $81,000 $333,000
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 120 $13,976,000 $116,000 $467,000 $95,000 $333,000
Debt-To-Income Ratio 50 $8,233,000 $164,000 $502,000 $70,000 $171,000
Collateral 13 $2,949,000 $226,000 $655,000 $164,000 $271,000
Other 12 $1,250,000 $104,000 $398,000 $92,000 $200,000
Insufficient Cash (Downpayment, Closing Cost) 7 $1,093,000 $156,000 $356,000 $67,000 $153,000
Mortgage Insurance Denied 4 $820,000 $205,000 $330,000 $62,000 $78,000
Credit Application Incomplete 2 $371,000 $185,000 $221,000 $69,000 $72,000
Employment History 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Justice Federal Credit Union's 2010 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 Justice Federal 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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