L&N Federal Credit Union Mortgage Lending & HMDA Data, 2019
In 2019, L&N Federal Credit Union of Louisville, KY reported 1,425 mortgage applications totaling $229.8 million, up 31% from 2018. The average application was for $161,294, and applicants reported an average income of $89,524. 85% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Louisville/Jefferson County, KY-IN (811), Cincinnati, OH-KY-IN (94) and Elizabethtown-Fort Knox, KY (15) (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 | 1,425 |
| Total Mortgage Loan Application Amount | $229,845,000 |
| Average Mortgage Loan Application Amount | $161,294 |
| Highest Mortgage Loan Application Amount | $2,055,000 |
| Average Applicant Income | $89,524 |
| Highest Applicant Income | $1,660,000 |
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(HMDA) records L&N Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 | 524 | $ 87,840,000 | $ 167,633 | $ 90,000 |
| Laurel, Kentucky | 178 | $ 24,760,000 | $ 139,101 | $ 82,000 |
| Whitley, Kentucky | 106 | $ 12,480,000 | $ 117,735 | $ 70,000 |
| Bullitt, Kentucky | 96 | $ 18,030,000 | $ 187,812 | $ 93,000 |
| Pulaski, Kentucky | 61 | $ 8,295,000 | $ 135,983 | $ 70,000 |
| Clark, Indiana | 55 | $ 8,155,000 | $ 148,272 | $ 74,000 |
| Oldham, Kentucky | 51 | $ 14,705,000 | $ 288,333 | $ 151,000 |
| Kenton, Kentucky | 39 | $ 4,205,000 | $ 107,820 | $ 67,000 |
| Floyd, Indiana | 37 | $ 5,975,000 | $ 161,486 | $ 92,000 |
| Knox, Kentucky | 35 | $ 4,105,000 | $ 117,285 | $ 66,000 |
| Boone, Kentucky | 27 | $ 4,735,000 | $ 175,370 | $ 103,000 |
| Nelson, Kentucky | 19 | $ 2,825,000 | $ 148,684 | $ 75,000 |
| Spencer, Kentucky | 18 | $ 3,930,000 | $ 218,333 | $ 104,000 |
| Shelby, Kentucky | 14 | $ 4,300,000 | $ 307,142 | $ 120,000 |
| Meade, Kentucky | 12 | $ 1,730,000 | $ 144,166 | $ 78,000 |
| Grant, Kentucky | 10 | $ 1,360,000 | $ 136,000 | $ 92,000 |
| Jackson, Kentucky | 9 | $ 885,000 | $ 98,333 | $ 68,000 |
| McCreary, Kentucky | 9 | $ 925,000 | $ 102,777 | $ 69,000 |
| Campbell, Kentucky | 8 | $ 970,000 | $ 121,250 | $ 79,000 |
| Clay, Kentucky | 8 | $ 930,000 | $ 116,250 | $ 71,000 |
| Fayette, Kentucky | 8 | $ 2,040,000 | $ 255,000 | $ 119,000 |
| Henry, Kentucky | 7 | $ 1,135,000 | $ 162,142 | $ 96,000 |
| Washington, Indiana | 5 | $ 995,000 | $ 199,000 | $ 127,000 |
| Harrison, Indiana | 4 | $ 600,000 | $ 150,000 | $ 112,000 |
| Lincoln, Kentucky | 4 | $ 380,000 | $ 95,000 | $ 67,000 |
| Madison, Kentucky | 4 | $ 810,000 | $ 202,500 | $ 81,000 |
| Scott, Indiana | 3 | $ 495,000 | $ 165,000 | $ 87,000 |
| Anderson, Kentucky | 3 | $ 505,000 | $ 168,333 | $ 67,000 |
| Breckinridge, Kentucky | 3 | $ 425,000 | $ 141,666 | $ 118,000 |
| Grayson, Kentucky | 3 | $ 345,000 | $ 115,000 | $ 111,000 |
| Hardin, Kentucky | 3 | $ 445,000 | $ 148,333 | $ 75,000 |
| Russell, Kentucky | 3 | $ 295,000 | $ 98,333 | $ 84,000 |
| Wayne, Kentucky | 3 | $ 245,000 | $ 81,666 | $ 86,000 |
| Claiborne, Tennessee | 3 | $ 485,000 | $ 161,666 | $ 68,000 |
| Jefferson, Indiana | 2 | $ 110,000 | $ 55,000 | $ 16,000 |
| Bell, Kentucky | 2 | $ 260,000 | $ 130,000 | $ 44,000 |
| Edmonson, Kentucky | 2 | $ 590,000 | $ 295,000 | $ 412,000 |
| Franklin, Kentucky | 2 | $ 300,000 | $ 150,000 | $ 129,000 |
| Harlan, Kentucky | 2 | $ 150,000 | $ 75,000 | $ 73,000 |
| Pendleton, Kentucky | 2 | $ 440,000 | $ 220,000 | $ 305,000 |
| Rockcastle, Kentucky | 2 | $ 180,000 | $ 90,000 | $ 74,000 |
| Trimble, Kentucky | 2 | $ 140,000 | $ 70,000 | $ 45,000 |
| Butler, Ohio | 2 | $ 370,000 | $ 185,000 | $ 93,000 |
| Okaloosa, Florida | 1 | $ 365,000 | $ 365,000 | $ 200,000 |
| Crawford, Indiana | 1 | $ 145,000 | $ 145,000 | $ 142,000 |
| Dearborn, Indiana | 1 | $ 165,000 | $ 165,000 | $ 54,000 |
| Hamilton, Indiana | 1 | $ 1,525,000 | $ 1,525,000 | $ 1,660,000 |
| Monroe, Indiana | 1 | $ 125,000 | $ 125,000 | $ 74,000 |
| Ohio, Indiana | 1 | $ 55,000 | $ 55,000 | $ 72,000 |
| Vanderburgh, Indiana | 1 | $ 175,000 | $ 175,000 | $ 46,000 |
| Bourbon, Kentucky | 1 | $ 405,000 | $ 405,000 | $ 180,000 |
| Boyle, Kentucky | 1 | $ 145,000 | $ 145,000 | $ 48,000 |
| Bracken, Kentucky | 1 | $ 115,000 | $ 115,000 | $ 75,000 |
| Carroll, Kentucky | 1 | $ 45,000 | $ 45,000 | $ 67,000 |
| Clark, Kentucky | 1 | $ 75,000 | $ 75,000 | $ 37,000 |
| Cumberland, Kentucky | 1 | $ 135,000 | $ 135,000 | $ 203,000 |
| Gallatin, Kentucky | 1 | $ 85,000 | $ 85,000 | $ 81,000 |
| Harrison, Kentucky | 1 | $ 115,000 | $ 115,000 | $ 81,000 |
| Hart, Kentucky | 1 | $ 105,000 | $ 105,000 | $ 177,000 |
| Hopkins, Kentucky | 1 | $ 415,000 | $ 415,000 | $ 245,000 |
| Lee, Kentucky | 1 | $ 35,000 | $ 35,000 | $ 31,000 |
| Leslie, Kentucky | 1 | $ 65,000 | $ 65,000 | $ 114,000 |
| Letcher, Kentucky | 1 | $ 105,000 | $ 105,000 | $ 85,000 |
| Marion, Kentucky | 1 | $ 315,000 | $ 315,000 | $ 136,000 |
| Mercer, Kentucky | 1 | $ 155,000 | $ 155,000 | $ 115,000 |
| Montgomery, Kentucky | 1 | $ 145,000 | $ 145,000 | $ 73,000 |
| Owen, Kentucky | 1 | $ 115,000 | $ 115,000 | $ 55,000 |
| Owsley, Kentucky | 1 | $ 125,000 | $ 125,000 | $ 184,000 |
| Pike, Kentucky | 1 | $ 185,000 | $ 185,000 | $ 69,000 |
| Taylor, Kentucky | 1 | $ 105,000 | $ 105,000 | $ 107,000 |
| Clermont, Ohio | 1 | $ 315,000 | $ 315,000 | $ 101,000 |
| Cuyahoga, Ohio | 1 | $ 35,000 | $ 35,000 | $ 160,000 |
| Franklin, Ohio | 1 | $ 175,000 | $ 175,000 | $ 101,000 |
| Hamilton, Ohio | 1 | $ 35,000 | $ 35,000 | $ 44,000 |
| Campbell, Tennessee | 1 | $ 185,000 | $ 185,000 | $ 101,000 |
| Sevier, Tennessee | 1 | $ 195,000 | $ 195,000 | $ 154,000 |
| Sumner, Tennessee | 1 | $ 265,000 | $ 265,000 | $ 85,000 |
| Wilson, Tennessee | 1 | $ 215,000 | $ 215,000 | $ 48,000 |
Mortgage Loan Application Detail Totals for L&N Federal 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 |
|---|---|---|---|---|---|---|
| Home Purchase | 584 | $96,600,000 | $165,000 | $2,055,000 | $87,000 | $1,660,000 |
| Cash-out Refinancing | 554 | $84,560,000 | $152,000 | $805,000 | $85,000 | $557,000 |
| Refinancing | 262 | $40,260,000 | $153,000 | $2,005,000 | $98,000 | $900,000 |
| Other Purpose | 24 | $8,160,000 | $340,000 | $585,000 | $161,000 | $525,000 |
| Home Improvement | 1 | $265,000 | $265,000 | $265,000 | $135,000 | $135,000 |
| 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 | 1,255 | $197,145,000 | $157,000 | $1,525,000 | $86,000 | $1,660,000 |
| Black or African American | 85 | $11,745,000 | $138,000 | $485,000 | $75,000 | $212,000 |
| Not Provided | 60 | $16,970,000 | $282,000 | $2,055,000 | $189,000 | $900,000 |
| Hispanic | 13 | $1,935,000 | $148,000 | $365,000 | $81,000 | $188,000 |
| American Indian or Alaskan Native | 5 | $615,000 | $123,000 | $165,000 | $71,000 | $125,000 |
| Asian | 5 | $1,045,000 | $209,000 | $425,000 | $93,000 | $159,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $165,000 | $165,000 | $165,000 | $63,000 | $63,000 |
| 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) | 1,425 | $229,845,000 | $161,000 | $2,055,000 | $90,000 | $1,660,000 |
| 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 | 1,208 | $197,880,000 | $163,000 | $2,055,000 | $93,000 | $1,660,000 |
| Application Withdrawn By Applicant | 141 | $22,325,000 | $158,000 | $485,000 | $82,000 | $283,000 |
| Application Denied By Financial Institution | 76 | $9,640,000 | $126,000 | $485,000 | $56,000 | $249,000 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 1,349 | $220,205,000 | $163,000 | $2,055,000 | $91,000 | $1,660,000 |
| Debt-To-Income Ratio | 34 | $5,340,000 | $157,000 | $485,000 | $50,000 | $249,000 |
| Credit History | 30 | $3,440,000 | $114,000 | $285,000 | $63,000 | $193,000 |
| Collateral | 8 | $600,000 | $75,000 | $125,000 | $65,000 | $146,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $190,000 | $95,000 | $145,000 | $49,000 | $51,000 |
| Other | 1 | $15,000 | $15,000 | $15,000 | $26,000 | $26,000 |
| Employment History | 1 | $55,000 | $55,000 | $55,000 | $26,000 | $26,000 |
| 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 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 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.
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