L&N Federal Credit Union Mortgage Lending & HMDA Data, 2009
In 2009, L&N Federal Credit Union of Louisville, KY reported 1,374 mortgage applications totaling $156.3 million, up 69% from 2008. The average application was for $113,748, and applicants reported an average income of $65,954. 65% of its applications resulted in an originated loan and 16% were denied. Its largest markets were Louisville-Jefferson County, KY-IN (653), Cincinnati-Middletown, OH-KY-IN (62) and Elizabethtown, KY (2) (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 | 1,374 |
| Total Mortgage Loan Application Amount | $156,290,000 |
| Average Mortgage Loan Application Amount | $113,748 |
| Highest Mortgage Loan Application Amount | $671,000 |
| Average Applicant Income | $65,954 |
| Highest Applicant Income | $740,000 |
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(HMDA) records L&N Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Louisville-Jefferson County, KY-IN | 653 | $ 78,468,000 | $ 120,165 | $ 70,441 |
| Cincinnati-Middletown, OH-KY-IN | 62 | $ 7,589,000 | $ 122,403 | $ 78,983 |
| Elizabethtown, KY | 2 | $ 289,000 | $ 144,500 | $ 97,000 |
| Evansville, IN-KY | 2 | $ 156,000 | $ 78,000 | $ 63,000 |
| Bowling Green, KY | 1 | $ 142,000 | $ 142,000 | $ 183,000 |
| Clarksville, TN-KY | 1 | $ 107,000 | $ 107,000 | $ 39,000 |
| Kokomo, IN | 1 | $ 243,000 | $ 243,000 | $ 144,000 |
| Lexington-Fayette, KY | 1 | $ 147,000 | $ 147,000 | $ 44,000 |
| Tampa-St. Petersburg-Clearwater, FL | 1 | $ 74,000 | $ 74,000 | $ 47,000 |
Mortgage Loan Application Detail Totals for L&N Federal Credit Union in 2009
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 | 960 | $111,207,000 | $115,000 | $671,000 | $70,000 | $596,000 |
| Home Purchase | 400 | $43,609,000 | $109,000 | $620,000 | $56,000 | $740,000 |
| Home Improvement | 14 | $1,474,000 | $105,000 | $242,000 | $73,000 | $211,000 |
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 | 1,276 | $144,046,000 | $112,000 | $620,000 | $66,000 | $740,000 |
| Black or African American | 62 | $7,372,000 | $118,000 | $417,000 | $59,000 | $248,000 |
| Asian | 17 | $2,859,000 | $168,000 | $671,000 | $89,000 | $474,000 |
| Hispanic | 14 | $1,400,000 | $100,000 | $218,000 | $61,000 | $144,000 |
| American Indian or Alaskan Native | 3 | $323,000 | $107,000 | $162,000 | $50,000 | $55,000 |
| Not Provided | 1 | $79,000 | $79,000 | $79,000 | $47,000 | $47,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $211,000 | $211,000 | $211,000 | $97,000 | $97,000 |
| 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) | 1,374 | $156,290,000 | $113,000 | $671,000 | $66,000 | $740,000 |
| 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 | 895 | $102,625,000 | $114,000 | $671,000 | $72,000 | $740,000 |
| Application Denied By Financial Institution | 221 | $22,488,000 | $101,000 | $417,000 | $49,000 | $164,000 |
| Application Withdrawn By Applicant | 175 | $21,930,000 | $125,000 | $620,000 | $64,000 | $295,000 |
| File Closed For Incompleteness | 55 | $6,101,000 | $110,000 | $230,000 | $51,000 | $144,000 |
| Application Approved But Not Accepted | 21 | $2,368,000 | $112,000 | $216,000 | $55,000 | $131,000 |
| Preapproval Approved but not Accepted | 7 | $778,000 | $111,000 | $150,000 | $56,000 | $89,000 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 86 | $8,398,000 | $97,000 | $375,000 | $47,000 | $164,000 |
| Debt-To-Income Ratio | 80 | $9,192,000 | $114,000 | $417,000 | $50,000 | $145,000 |
| Collateral | 18 | $1,483,000 | $82,000 | $349,000 | $54,000 | $149,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 10 | $825,000 | $82,000 | $150,000 | $43,000 | $85,000 |
| Employment History | 8 | $742,000 | $92,000 | $149,000 | $41,000 | $64,000 |
| Other | 4 | $418,000 | $104,000 | $233,000 | $41,000 | $83,000 |
| Mortgage Insurance Denied | 2 | $263,000 | $131,000 | $132,000 | $46,000 | $53,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into L&N Federal Credit Union's 2009 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