L&N Federal Credit Union Mortgage Lending & HMDA Data, 2005
In 2005, L&N Federal Credit Union of Louisville, KY reported 669 mortgage applications totaling $64.4 million, down 13% from 2004. The average application was for $96,219, and applicants reported an average income of $54,143. 74% of its applications resulted in an originated loan and 22% were denied. Its largest markets were Louisville, KY-IN (315), Cincinnati-Middletown, OH-KY-IN (1) and Lexington-Fayette, KY (1) (applications in parentheses).
| Mortgage Company & Address | L&N Federal Credit Union 9265 Smyrna Parkway Louisville, KY 40229 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 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 | 669 |
| Total Mortgage Loan Application Amount | $64,371,000 |
| Average Mortgage Loan Application Amount | $96,219 |
| Highest Mortgage Loan Application Amount | $563,000 |
| Average Applicant Income | $54,143 |
| Highest Applicant Income | $236,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records L&N Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Jefferson, Kentucky | 277 | $ 26,454,000 | $ 95,501 | $ 48,000 |
| Laurel, Kentucky | 73 | $ 7,163,000 | $ 98,123 | $ 53,000 |
| Bullitt, Kentucky | 38 | $ 4,418,000 | $ 116,263 | $ 54,000 |
| Whitley, Kentucky | 35 | $ 2,705,000 | $ 77,285 | $ 52,000 |
| Pulaski, Kentucky | 33 | $ 2,358,000 | $ 71,454 | $ 51,000 |
| Knox, Kentucky | 24 | $ 2,250,000 | $ 93,750 | $ 57,000 |
| Clark, Indiana | 22 | $ 2,082,000 | $ 94,636 | $ 48,000 |
| Boone, Kentucky | 14 | $ 2,170,000 | $ 155,000 | $ 79,000 |
| Kenton, Kentucky | 14 | $ 1,280,000 | $ 91,428 | $ 39,000 |
| Floyd, Indiana | 10 | $ 1,112,000 | $ 111,200 | $ 70,000 |
| Harrison, Indiana | 7 | $ 473,000 | $ 67,571 | $ 55,000 |
| Campbell, Kentucky | 7 | $ 679,000 | $ 97,000 | $ 82,000 |
| Clay, Kentucky | 6 | $ 522,000 | $ 87,000 | $ 45,000 |
| Grayson, Kentucky | 5 | $ 189,000 | $ 37,800 | $ 79,000 |
| Nelson, Kentucky | 5 | $ 452,000 | $ 90,400 | $ 46,000 |
| Oldham, Kentucky | 5 | $ 743,000 | $ 148,600 | $ 51,000 |
| Rockcastle, Kentucky | 4 | $ 327,000 | $ 81,750 | $ 64,000 |
| Wayne, Kentucky | 4 | $ 527,000 | $ 131,750 | $ 45,000 |
| Bell, Kentucky | 3 | $ 153,000 | $ 51,000 | $ 39,000 |
| Garrard, Kentucky | 3 | $ 367,000 | $ 122,333 | $ 67,000 |
| Harlan, Kentucky | 3 | $ 143,000 | $ 47,666 | $ 49,000 |
| Meade, Kentucky | 3 | $ 382,000 | $ 127,333 | $ 56,000 |
| Spencer, Kentucky | 3 | $ 230,000 | $ 76,666 | $ 72,000 |
| Carroll, Kentucky | 2 | $ 103,000 | $ 51,500 | $ 56,000 |
| Casey, Kentucky | 2 | $ 72,000 | $ 36,000 | $ 37,000 |
| Fayette, Kentucky | 2 | $ 126,000 | $ 63,000 | $ 38,000 |
| Floyd, Kentucky | 2 | $ 185,000 | $ 92,500 | $ 47,000 |
| Gallatin, Kentucky | 2 | $ 241,000 | $ 120,500 | $ 67,000 |
| Grant, Kentucky | 2 | $ 318,000 | $ 159,000 | $ 52,000 |
| Hardin, Kentucky | 2 | $ 145,000 | $ 72,500 | $ 52,000 |
| Madison, Kentucky | 2 | $ 194,000 | $ 97,000 | $ 59,000 |
| Russell, Kentucky | 2 | $ 66,000 | $ 33,000 | $ 60,000 |
| Shelby, Kentucky | 2 | $ 530,000 | $ 265,000 | $ 86,000 |
| Claiborne, Tennessee | 2 | $ 283,000 | $ 141,500 | $ 129,000 |
| Duval, Florida | 1 | $ 70,000 | $ 70,000 | $ 62,000 |
| Pasco, Florida | 1 | $ 100,000 | $ 100,000 | $ 102,000 |
| Washington, Indiana | 1 | $ 52,000 | $ 52,000 | $ 27,000 |
| Bourbon, Kentucky | 1 | $ 120,000 | $ 120,000 | $ 56,000 |
| Breathitt, Kentucky | 1 | $ 50,000 | $ 50,000 | $ 42,000 |
| Breckinridge, Kentucky | 1 | $ 107,000 | $ 107,000 | $ 48,000 |
| Caldwell, Kentucky | 1 | $ 72,000 | $ 72,000 | $ 47,000 |
| Clark, Kentucky | 1 | $ 120,000 | $ 120,000 | $ 55,000 |
| Estill, Kentucky | 1 | $ 90,000 | $ 90,000 | $ 40,000 |
| Franklin, Kentucky | 1 | $ 63,000 | $ 63,000 | $ 70,000 |
| Harrison, Kentucky | 1 | $ 108,000 | $ 108,000 | $ 43,000 |
| Jackson, Kentucky | 1 | $ 86,000 | $ 86,000 | $ 28,000 |
| Knott, Kentucky | 1 | $ 133,000 | $ 133,000 | $ 75,000 |
| Lee, Kentucky | 1 | $ 132,000 | $ 132,000 | $ 43,000 |
| Pendleton, Kentucky | 1 | $ 50,000 | $ 50,000 | $ 86,000 |
| Scott, Kentucky | 1 | $ 125,000 | $ 125,000 | $ 51,000 |
| Hamilton, Ohio | 1 | $ 115,000 | $ 115,000 | $ 38,000 |
| Sevier, Tennessee | 1 | $ 172,000 | $ 172,000 | $ 97,000 |
| Unicoi, Tennessee | 1 | $ 127,000 | $ 127,000 | $ 69,000 |
Mortgage Loan Application Detail Totals for L&N Federal Credit Union in 2005
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 | 426 | $39,296,000 | $94,800 | $563,000 | $56,800 | $177,000 |
| Home Purchase | 239 | $24,939,000 | $118,333 | $322,000 | $77,000 | $236,000 |
| Home Improvement | 4 | $136,000 | $34,000 | $54,000 | $66,000 | $86,000 |
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 |
|---|---|---|---|---|---|---|
| White | 614 | $60,045,000 | $105,500 | $563,000 | $64,333 | $236,000 |
| Black or African American | 38 | $2,931,000 | $95,333 | $193,000 | $46,000 | $120,000 |
| Hispanic | 10 | $700,000 | $96,500 | $147,000 | $68,000 | $91,000 |
| Asian | 4 | $364,000 | $91,000 | $153,000 | $59,000 | $125,000 |
| American Indian or Alaskan Native | 2 | $163,000 | $81,500 | $83,000 | $53,000 | $63,000 |
| Not Provided | 1 | $168,000 | $168,000 | $168,000 | $93,000 | $93,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 669 | $64,371,000 | $105,500 | $563,000 | $64,166 | $236,000 |
| 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 | 495 | $48,809,000 | $119,200 | $563,000 | $89,800 | $236,000 |
| Application Denied By Financial Institution | 149 | $13,370,000 | $97,800 | $265,000 | $44,200 | $163,000 |
| Application Withdrawn By Applicant | 16 | $1,382,000 | $117,500 | $200,000 | $59,000 | $105,000 |
| Application Approved But Not Accepted | 7 | $599,000 | $85,000 | $102,000 | $33,000 | $60,000 |
| Preapproval Approved but not Accepted | 1 | $115,000 | $115,000 | $115,000 | $48,000 | $48,000 |
| File Closed For Incompleteness | 1 | $96,000 | $96,000 | $96,000 | $75,000 | $75,000 |
| Loan Purchased By The Institution | 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 |
|---|---|---|---|---|---|---|
| Credit History | 76 | $7,071,000 | $103,800 | $265,000 | $52,400 | $163,000 |
| Debt-To-Income Ratio | 51 | $4,628,000 | $83,250 | $185,000 | $30,250 | $70,000 |
| Collateral | 7 | $387,000 | $52,500 | $145,000 | $45,000 | $102,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $512,000 | $85,000 | $125,000 | $46,333 | $63,000 |
| Other | 3 | $283,000 | $94,000 | $133,000 | $61,000 | $88,000 |
| Employment History | 2 | $267,000 | $133,000 | $193,000 | $47,000 | $61,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into L&N Federal Credit Union's 2005 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 L&N 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.
For a list of all lenders in Kentucky, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About