Lafayette Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Lafayette Federal Credit Union 2020 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Lafayette Federal Credit Union 2701 Tower Oaks Blvd., Rockville, MD 20852 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 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 | 514 |
| Total Mortgage Loan Application Amount | $230,620,000 |
| Average Mortgage Loan Application Amount | $438,000 |
| Highest Mortgage Loan Application Amount | $2,705,000 |
| Average Applicant Income | $186,000 |
| Highest Applicant Income | $2,527,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with Lafayette Federal Credit Union. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Lafayette Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2020 breaks down Lafayette Federal Credit Union's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Lafayette Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Lafayette Federal Credit Union, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Lafayette Federal Credit Union's mortgage activity for 2020.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Montgomery County Maryland | 107 | $ 49,935,000 | $ 466,000 | $ 193,000 |
| District of Columbia County District Of Columbia | 85 | $ 41,205,000 | $ 484,000 | $ 201,000 |
| Fairfax County Virginia | 58 | $ 28,710,000 | $ 495,000 | $ 241,000 |
| Arlington County Virginia | 24 | $ 10,810,000 | $ 450,000 | $ 272,000 |
| Prince George's County Maryland | 23 | $ 7,715,000 | $ 335,000 | $ 170,000 |
| Loudoun County Virginia | 18 | $ 9,670,000 | $ 537,000 | $ 266,000 |
| Howard County Maryland | 16 | $ 8,750,000 | $ 546,000 | $ 245,000 |
| Frederick County Maryland | 11 | $ 3,885,000 | $ 353,000 | $ 130,000 |
| Anne Arundel County Maryland | 8 | $ 3,920,000 | $ 490,000 | $ 153,000 |
| Alexandria County Virginia | 8 | $ 3,140,000 | $ 392,000 | $ 138,000 |
| Prince William County Virginia | 8 | $ 3,670,000 | $ 458,000 | $ 183,000 |
| Sussex County Delaware | 4 | $ 2,830,000 | $ 707,000 | $ 556,000 |
| Lee County Florida | 4 | $ 1,250,000 | $ 312,000 | $ 237,000 |
| Sarasota County Florida | 4 | $ 1,040,000 | $ 260,000 | $ 333,000 |
| Fulton County Georgia | 4 | $ 1,120,000 | $ 280,000 | $ 123,000 |
| Baltimore County Maryland | 4 | $ 1,240,000 | $ 310,000 | $ 218,000 |
| Nassau County New York | 4 | $ 2,460,000 | $ 615,000 | $ 177,000 |
| Orange County California | 3 | $ 1,705,000 | $ 568,000 | $ 74,000 |
| Miami-Dade County Florida | 3 | $ 1,065,000 | $ 355,000 | $ 0 |
| Gwinnett County Georgia | 3 | $ 825,000 | $ 275,000 | $ 138,000 |
| Queen Anne's County Maryland | 3 | $ 1,275,000 | $ 425,000 | $ 141,000 |
| Talbot County Maryland | 3 | $ 2,115,000 | $ 705,000 | $ 260,000 |
| Frederick County Virginia | 3 | $ 695,000 | $ 231,000 | $ 110,000 |
| Maricopa County Arizona | 2 | $ 1,070,000 | $ 535,000 | $ 224,000 |
| Alameda County California | 2 | $ 1,910,000 | $ 955,000 | $ 290,000 |
| Contra Costa County California | 2 | $ 660,000 | $ 330,000 | $ 229,000 |
| New Castle County Delaware | 2 | $ 730,000 | $ 365,000 | $ 552,000 |
| Alachua County Florida | 2 | $ 350,000 | $ 175,000 | $ 36,000 |
| Broward County Florida | 2 | $ 860,000 | $ 430,000 | $ 0 |
| DeKalb County Georgia | 2 | $ 620,000 | $ 310,000 | $ 119,000 |
| Cook County Illinois | 2 | $ 960,000 | $ 480,000 | $ 83,000 |
| Kennebec County Maine | 2 | $ 470,000 | $ 235,000 | $ 199,000 |
| Clay County Missouri | 2 | $ 1,130,000 | $ 565,000 | $ 160,000 |
| Rockingham County New Hampshire | 2 | $ 640,000 | $ 320,000 | $ 275,000 |
| Essex County New Jersey | 2 | $ 1,470,000 | $ 735,000 | $ 371,000 |
| Union County New Jersey | 2 | $ 960,000 | $ 480,000 | $ 0 |
| Chester County Pennsylvania | 2 | $ 630,000 | $ 315,000 | $ 222,000 |
| York County South Carolina | 2 | $ 1,330,000 | $ 665,000 | $ 224,000 |
| Fairfax City County Virginia | 2 | $ 970,000 | $ 485,000 | $ 129,000 |
| Falls Church County Virginia | 2 | $ 1,080,000 | $ 540,000 | $ 419,000 |
| Manassas County Virginia | 2 | $ 440,000 | $ 220,000 | $ 109,000 |
| Richmond City County Virginia | 2 | $ 590,000 | $ 295,000 | $ 73,000 |
| Kenai Peninsula County Alaska | 1 | $ 525,000 | $ 525,000 | $ 123,000 |
| Crittenden County Arkansas | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Los Angeles County California | 1 | $ 695,000 | $ 695,000 | $ 0 |
| Placer County California | 1 | $ 195,000 | $ 195,000 | $ 0 |
| San Bernardino County California | 1 | $ 815,000 | $ 815,000 | $ 188,000 |
| Santa Clara County California | 1 | $ 525,000 | $ 525,000 | $ 0 |
| Santa Cruz County California | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Arapahoe County Colorado | 1 | $ 375,000 | $ 375,000 | $ 180,000 |
| Hillsborough County Florida | 1 | $ 145,000 | $ 145,000 | $ 189,000 |
| Orange County Florida | 1 | $ 545,000 | $ 545,000 | $ 0 |
| Palm Beach County Florida | 1 | $ 875,000 | $ 875,000 | $ 180,000 |
| Pinellas County Florida | 1 | $ 475,000 | $ 475,000 | $ 465,000 |
| Polk County Florida | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Chatham County Georgia | 1 | $ 145,000 | $ 145,000 | $ 44,000 |
| Cherokee County Georgia | 1 | $ 385,000 | $ 385,000 | $ 178,000 |
| Forsyth County Georgia | 1 | $ 725,000 | $ 725,000 | $ 206,000 |
| Jackson County Georgia | 1 | $ 205,000 | $ 205,000 | $ 123,000 |
| Johnson County Kansas | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Baltimore City County Maryland | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Carroll County Maryland | 1 | $ 655,000 | $ 655,000 | $ 274,000 |
| Dorchester County Maryland | 1 | $ 385,000 | $ 385,000 | $ 206,000 |
| Kent County Maryland | 1 | $ 225,000 | $ 225,000 | $ 0 |
| St. Mary's County Maryland | 1 | $ 345,000 | $ 345,000 | $ 219,000 |
| Washington County Maryland | 1 | $ 415,000 | $ 415,000 | $ 86,000 |
| Wicomico County Maryland | 1 | $ 105,000 | $ 105,000 | $ 82,000 |
| Worcester County Maryland | 1 | $ 425,000 | $ 425,000 | $ 84,000 |
| Hampshire County Massachusetts | 1 | $ 505,000 | $ 505,000 | $ 225,000 |
| Norfolk County Massachusetts | 1 | $ 335,000 | $ 335,000 | $ 83,000 |
| Mackinac County Michigan | 1 | $ 65,000 | $ 65,000 | $ 210,000 |
| Ottawa County Michigan | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Clark County Nevada | 1 | $ 325,000 | $ 325,000 | $ 0 |
| Sullivan County New Hampshire | 1 | $ 655,000 | $ 655,000 | $ 0 |
| Atlantic County New Jersey | 1 | $ 435,000 | $ 435,000 | $ 0 |
| Gloucester County New Jersey | 1 | $ 235,000 | $ 235,000 | $ 141,000 |
| Santa Fe County New Mexico | 1 | $ 315,000 | $ 315,000 | $ 0 |
| Suffolk County New York | 1 | $ 585,000 | $ 585,000 | $ 0 |
| Westchester County New York | 1 | $ 675,000 | $ 675,000 | $ 180,000 |
| Cumberland County North Carolina | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Currituck County North Carolina | 1 | $ 595,000 | $ 595,000 | $ 0 |
| Guilford County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 164,000 |
| Lincoln County North Carolina | 1 | $ 95,000 | $ 95,000 | $ 0 |
| New Hanover County North Carolina | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Ashland County Ohio | 1 | $ 95,000 | $ 95,000 | $ 70,000 |
| Wayne County Ohio | 1 | $ 325,000 | $ 325,000 | $ 105,000 |
| Washington County Oregon | 1 | $ 205,000 | $ 205,000 | $ 93,000 |
| Berks County Pennsylvania | 1 | $ 555,000 | $ 555,000 | $ 243,000 |
| Philadelphia County Pennsylvania | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Aiken County South Carolina | 1 | $ 105,000 | $ 105,000 | $ 165,000 |
| Lexington County South Carolina | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Orangeburg County South Carolina | 1 | $ 115,000 | $ 115,000 | $ 74,000 |
| Richland County South Carolina | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Claiborne County Tennessee | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Davidson County Tennessee | 1 | $ 265,000 | $ 265,000 | $ 213,000 |
| Rutherford County Tennessee | 1 | $ 25,000 | $ 25,000 | $ 98,000 |
| Galveston County Texas | 1 | $ 205,000 | $ 205,000 | $ 119,000 |
| Harris County Texas | 1 | $ 355,000 | $ 355,000 | $ 146,000 |
| Montgomery County Texas | 1 | $ 595,000 | $ 595,000 | $ 0 |
| Travis County Texas | 1 | $ 535,000 | $ 535,000 | $ 273,000 |
| Utah County Utah | 1 | $ 2,705,000 | $ 2,705,000 | $ 0 |
| Floyd County Virginia | 1 | $ 245,000 | $ 245,000 | $ 54,000 |
| James City County Virginia | 1 | $ 325,000 | $ 325,000 | $ 115,000 |
| Manassas Park County Virginia | 1 | $ 145,000 | $ 145,000 | $ 0 |
| York County Virginia | 1 | $ 125,000 | $ 125,000 | $ 0 |
| King County Washington | 1 | $ 365,000 | $ 365,000 | $ 129,000 |
| Pierce County Washington | 1 | $ 295,000 | $ 295,000 | $ 98,000 |
| Snohomish County Washington | 1 | $ 225,000 | $ 225,000 | $ 165,000 |
| Grant County West Virginia | 1 | $ 355,000 | $ 355,000 | $ 369,000 |
Mortgage Loan Application Detail Totals for Lafayette Federal Credit Union in 2020
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 | 287 | $129,235,000 | $450,000 | $1,505,000 | $217,000 | $2,527,000 |
| Home Purchase | 93 | $37,875,000 | $407,000 | $1,505,000 | $199,000 | $788,000 |
| Cash-out Refinancing | 68 | $32,060,000 | $471,000 | $2,705,000 | $175,000 | $325,000 |
| Other Purpose | 51 | $26,205,000 | $513,000 | $1,605,000 | $223,000 | $849,000 |
| Home Improvement | 15 | $5,245,000 | $349,000 | $635,000 | $116,000 | $364,000 |
| 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 | 244 | $116,630,000 | $477,000 | $1,505,000 | $241,000 | $2,527,000 |
| Not Provided | 110 | $50,620,000 | $460,000 | $2,705,000 | $174,000 | $688,000 |
| Black or African American | 74 | $26,350,000 | $356,000 | $805,000 | $156,000 | $849,000 |
| Hispanic | 40 | $19,070,000 | $476,000 | $1,505,000 | $158,000 | $354,000 |
| Asian | 39 | $16,045,000 | $411,000 | $1,205,000 | $201,000 | $552,000 |
| American Indian or Alaskan Native | 4 | $1,210,000 | $302,000 | $525,000 | $83,000 | $170,000 |
| 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) | 514 | $230,620,000 | $448,000 | $2,705,000 | $204,000 | $2,527,000 |
| 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 | 286 | $137,780,000 | $481,000 | $1,505,000 | $209,000 | $2,527,000 |
| Application Withdrawn By Applicant | 150 | $63,160,000 | $421,000 | $1,605,000 | $209,000 | $750,000 |
| Application Denied By Financial Institution | 54 | $21,050,000 | $389,000 | $2,705,000 | $157,000 | $849,000 |
| File Closed For Incompleteness | 18 | $7,160,000 | $397,000 | $1,125,000 | $176,000 | $225,000 |
| Preapproval Approved but not Accepted | 3 | $855,000 | $285,000 | $385,000 | $218,000 | $552,000 |
| Application Approved But Not Accepted | 2 | $550,000 | $275,000 | $305,000 | $69,000 | $90,000 |
| Preapproval Denied by Financial Institution | 1 | $65,000 | $65,000 | $65,000 | $210,000 | $210,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 459 | $209,505,000 | $456,000 | $1,605,000 | $208,000 | $2,527,000 |
| Credit History | 18 | $8,330,000 | $462,000 | $2,705,000 | $189,000 | $849,000 |
| Debt-To-Income Ratio | 15 | $5,665,000 | $377,000 | $1,085,000 | $114,000 | $189,000 |
| Other | 9 | $3,045,000 | $338,000 | $685,000 | $1,000 | $1,000 |
| Collateral | 5 | $915,000 | $183,000 | $355,000 | $210,000 | $210,000 |
| Employment History | 4 | $1,710,000 | $427,000 | $765,000 | $238,000 | $242,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $420,000 | $210,000 | $245,000 | $80,000 | $80,000 |
| Credit Application Incomplete | 2 | $1,030,000 | $515,000 | $665,000 | $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 Lafayette Federal Credit Union's 2020 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 Lafayette 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 Maryland, download the full spreadsheet
with aggregated HMDA statistics today.