Lafayette Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
Lafayette Federal Credit Union 2022 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 | 588 |
| Total Mortgage Loan Application Amount | $137,910,000 |
| Average Mortgage Loan Application Amount | $302,800 |
| Highest Mortgage Loan Application Amount | $2,385,000 |
| Average Applicant Income | $366,800 |
| Highest Applicant Income | $8,225,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 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 2022 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 2022.
| 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 | 63 | $ 19,765,000 | $ 313,000 | $ 215,000 |
| District of Columbia County District Of Columbia | 44 | $ 11,940,000 | $ 271,000 | $ 253,000 |
| Fairfax County Virginia | 28 | $ 10,370,000 | $ 370,000 | $ 190,000 |
| Prince George's County Maryland | 19 | $ 3,265,000 | $ 171,000 | $ 540,000 |
| Maricopa County Arizona | 12 | $ 1,900,000 | $ 158,000 | $ 183,000 |
| Anne Arundel County Maryland | 11 | $ 1,725,000 | $ 156,000 | $ 191,000 |
| Loudoun County Virginia | 11 | $ 2,385,000 | $ 216,000 | $ 212,000 |
| Arlington County Virginia | 10 | $ 2,680,000 | $ 268,000 | $ 336,000 |
| Hillsborough County Florida | 9 | $ 1,755,000 | $ 195,000 | $ 172,000 |
| Fulton County Georgia | 9 | $ 4,385,000 | $ 487,000 | $ 1,111,000 |
| Frederick County Maryland | 9 | $ 3,595,000 | $ 399,000 | $ 181,000 |
| Riverside County California | 8 | $ 1,300,000 | $ 162,000 | $ 145,000 |
| Howard County Maryland | 7 | $ 1,665,000 | $ 237,000 | $ 187,000 |
| Martin County Florida | 6 | $ 930,000 | $ 155,000 | $ 222,000 |
| Miami-Dade County Florida | 6 | $ 1,670,000 | $ 278,000 | $ 205,000 |
| Pinellas County Florida | 6 | $ 800,000 | $ 133,000 | $ 113,000 |
| Lake County Illinois | 6 | $ 910,000 | $ 151,000 | $ 266,000 |
| Prince William County Virginia | 6 | $ 1,310,000 | $ 218,000 | $ 984,000 |
| Broward County Florida | 5 | $ 645,000 | $ 129,000 | $ 206,000 |
| Nassau County New York | 5 | $ 1,245,000 | $ 249,000 | $ 204,000 |
| Harris County Texas | 5 | $ 1,055,000 | $ 211,000 | $ 297,000 |
| Los Angeles County California | 4 | $ 960,000 | $ 240,000 | $ 308,000 |
| San Joaquin County California | 4 | $ 530,000 | $ 132,000 | $ 170,000 |
| Pasco County Florida | 4 | $ 530,000 | $ 132,000 | $ 196,000 |
| Cook County Illinois | 4 | $ 540,000 | $ 135,000 | $ 168,000 |
| Charles County Maryland | 4 | $ 990,000 | $ 247,000 | $ 1,745,000 |
| Harford County Maryland | 4 | $ 480,000 | $ 120,000 | $ 268,000 |
| Mecklenburg County North Carolina | 4 | $ 830,000 | $ 207,000 | $ 340,000 |
| Pinal County Arizona | 3 | $ 395,000 | $ 131,000 | $ 137,000 |
| Fresno County California | 3 | $ 315,000 | $ 105,000 | $ 293,000 |
| San Diego County California | 3 | $ 685,000 | $ 228,000 | $ 676,000 |
| Solano County California | 3 | $ 245,000 | $ 81,000 | $ 1,483,000 |
| Sussex County Delaware | 3 | $ 1,135,000 | $ 378,000 | $ 118,000 |
| Alachua County Florida | 3 | $ 1,105,000 | $ 368,000 | $ 77,000 |
| Orange County Florida | 3 | $ 335,000 | $ 111,000 | $ 129,000 |
| Gwinnett County Georgia | 3 | $ 185,000 | $ 61,000 | $ 101,000 |
| Will County Illinois | 3 | $ 235,000 | $ 78,000 | $ 241,000 |
| Orleans County Louisiana | 3 | $ 365,000 | $ 121,000 | $ 214,000 |
| Monmouth County New Jersey | 3 | $ 355,000 | $ 118,000 | $ 2,830,000 |
| Ocean County New Jersey | 3 | $ 595,000 | $ 198,000 | $ 136,000 |
| Orange County New York | 3 | $ 445,000 | $ 148,000 | $ 374,000 |
| Suffolk County New York | 3 | $ 615,000 | $ 205,000 | $ 244,000 |
| Horry County South Carolina | 3 | $ 455,000 | $ 151,000 | $ 174,000 |
| Chesterfield County Virginia | 3 | $ 365,000 | $ 121,000 | $ 93,000 |
| Spotsylvania County Virginia | 3 | $ 355,000 | $ 118,000 | $ 454,000 |
| King County Washington | 3 | $ 495,000 | $ 165,000 | $ 100,000 |
| Pima County Arizona | 2 | $ 310,000 | $ 155,000 | $ 94,000 |
| Placer County California | 2 | $ 260,000 | $ 130,000 | $ 156,000 |
| Sacramento County California | 2 | $ 510,000 | $ 255,000 | $ 230,000 |
| San Bernardino County California | 2 | $ 610,000 | $ 305,000 | $ 321,000 |
| Brevard County Florida | 2 | $ 120,000 | $ 60,000 | $ 117,000 |
| Charlotte County Florida | 2 | $ 230,000 | $ 115,000 | $ 136,000 |
| Indian River County Florida | 2 | $ 240,000 | $ 120,000 | $ 292,000 |
| Polk County Florida | 2 | $ 410,000 | $ 205,000 | $ 130,000 |
| Sarasota County Florida | 2 | $ 330,000 | $ 165,000 | $ 123,000 |
| St. Johns County Florida | 2 | $ 330,000 | $ 165,000 | $ 245,000 |
| Volusia County Florida | 2 | $ 420,000 | $ 210,000 | $ 185,000 |
| Cobb County Georgia | 2 | $ 110,000 | $ 55,000 | $ 63,000 |
| Kane County Illinois | 2 | $ 250,000 | $ 125,000 | $ 128,000 |
| Fulton County Indiana | 2 | $ 560,000 | $ 280,000 | $ 511,000 |
| Baltimore County Maryland | 2 | $ 270,000 | $ 135,000 | $ 217,000 |
| Cecil County Maryland | 2 | $ 210,000 | $ 105,000 | $ 275,000 |
| Queen Anne's County Maryland | 2 | $ 580,000 | $ 290,000 | $ 91,000 |
| Worcester County Maryland | 2 | $ 380,000 | $ 190,000 | $ 166,000 |
| Norfolk County Massachusetts | 2 | $ 750,000 | $ 375,000 | $ 170,000 |
| Oakland County Michigan | 2 | $ 250,000 | $ 125,000 | $ 199,000 |
| Clark County Nevada | 2 | $ 580,000 | $ 290,000 | $ 255,000 |
| Wake County North Carolina | 2 | $ 340,000 | $ 170,000 | $ 142,000 |
| Clackamas County Oregon | 2 | $ 600,000 | $ 300,000 | $ 453,000 |
| Berkeley County South Carolina | 2 | $ 130,000 | $ 65,000 | $ 895,000 |
| Shelby County Tennessee | 2 | $ 260,000 | $ 130,000 | $ 140,000 |
| Bexar County Texas | 2 | $ 210,000 | $ 105,000 | $ 168,000 |
| Dallas County Texas | 2 | $ 220,000 | $ 110,000 | $ 263,000 |
| Denton County Texas | 2 | $ 240,000 | $ 120,000 | $ 165,000 |
| Albemarle County Virginia | 2 | $ 770,000 | $ 385,000 | $ 463,000 |
| Alexandria County Virginia | 2 | $ 510,000 | $ 255,000 | $ 409,000 |
| Henrico County Virginia | 2 | $ 380,000 | $ 190,000 | $ 71,000 |
| Richmond City County Virginia | 2 | $ 260,000 | $ 130,000 | $ 73,000 |
| York County Virginia | 2 | $ 70,000 | $ 35,000 | $ 129,000 |
| Berkeley County West Virginia | 2 | $ 110,000 | $ 55,000 | $ 209,000 |
| Baldwin County Alabama | 1 | $ 35,000 | $ 35,000 | $ 98,000 |
| Tuscaloosa County Alabama | 1 | $ 155,000 | $ 155,000 | $ 600,000 |
| Saline County Arkansas | 1 | $ 105,000 | $ 105,000 | $ 165,000 |
| Alameda County California | 1 | $ 125,000 | $ 125,000 | $ 225,000 |
| Kern County California | 1 | $ 55,000 | $ 55,000 | $ 102,000 |
| Santa Clara County California | 1 | $ 765,000 | $ 765,000 | $ 205,000 |
| Stanislaus County California | 1 | $ 155,000 | $ 155,000 | $ 166,000 |
| Tulare County California | 1 | $ 25,000 | $ 25,000 | $ 360,000 |
| Yolo County California | 1 | $ 705,000 | $ 705,000 | $ 475,000 |
| Jefferson County Colorado | 1 | $ 315,000 | $ 315,000 | $ 173,000 |
| Hartford County Connecticut | 1 | $ 165,000 | $ 165,000 | $ 131,000 |
| New Haven County Connecticut | 1 | $ 55,000 | $ 55,000 | $ 150,000 |
| New London County Connecticut | 1 | $ 155,000 | $ 155,000 | $ 178,000 |
| New Castle County Delaware | 1 | $ 585,000 | $ 585,000 | $ 150,000 |
| Clay County Florida | 1 | $ 25,000 | $ 25,000 | $ 113,000 |
| Collier County Florida | 1 | $ 95,000 | $ 95,000 | $ 129,000 |
| Duval County Florida | 1 | $ 145,000 | $ 145,000 | $ 90,000 |
| Lee County Florida | 1 | $ 105,000 | $ 105,000 | $ 97,000 |
| Manatee County Florida | 1 | $ 245,000 | $ 245,000 | $ 260,000 |
| Monroe County Florida | 1 | $ 455,000 | $ 455,000 | $ 309,000 |
| Osceola County Florida | 1 | $ 505,000 | $ 505,000 | $ 3,312,000 |
| Santa Rosa County Florida | 1 | $ 155,000 | $ 155,000 | $ 171,000 |
| Cherokee County Georgia | 1 | $ 375,000 | $ 375,000 | $ 125,000 |
| DeKalb County Georgia | 1 | $ 145,000 | $ 145,000 | $ 168,000 |
| Forsyth County Georgia | 1 | $ 105,000 | $ 105,000 | $ 199,000 |
| Henry County Georgia | 1 | $ 75,000 | $ 75,000 | $ 360,000 |
| Canyon County Idaho | 1 | $ 205,000 | $ 205,000 | $ 233,000 |
| McHenry County Illinois | 1 | $ 145,000 | $ 145,000 | $ 175,000 |
| Morgan County Illinois | 1 | $ 165,000 | $ 165,000 | $ 79,000 |
| St. Clair County Illinois | 1 | $ 15,000 | $ 15,000 | $ 48,000 |
| Allen County Indiana | 1 | $ 205,000 | $ 205,000 | $ 128,000 |
| Boone County Indiana | 1 | $ 115,000 | $ 115,000 | $ 5,226,000 |
| Carroll County Indiana | 1 | $ 55,000 | $ 55,000 | $ 115,000 |
| Hamilton County Indiana | 1 | $ 75,000 | $ 75,000 | $ 190,000 |
| Marion County Indiana | 1 | $ 115,000 | $ 115,000 | $ 84,000 |
| Linn County Iowa | 1 | $ 305,000 | $ 305,000 | $ 127,000 |
| Boone County Kentucky | 1 | $ 105,000 | $ 105,000 | $ 157,000 |
| Baltimore City County Maryland | 1 | $ 125,000 | $ 125,000 | $ 121,000 |
| Calvert County Maryland | 1 | $ 75,000 | $ 75,000 | $ 60,000 |
| Carroll County Maryland | 1 | $ 155,000 | $ 155,000 | $ 314,000 |
| Talbot County Maryland | 1 | $ 255,000 | $ 255,000 | $ 66,000 |
| Wicomico County Maryland | 1 | $ 55,000 | $ 55,000 | $ 202,000 |
| Suffolk County Massachusetts | 1 | $ 355,000 | $ 355,000 | $ 391,000 |
| Isabella County Michigan | 1 | $ 85,000 | $ 85,000 | $ 23,000 |
| Macomb County Michigan | 1 | $ 65,000 | $ 65,000 | $ 66,000 |
| Wayne County Michigan | 1 | $ 55,000 | $ 55,000 | $ 139,000 |
| Nye County Nevada | 1 | $ 85,000 | $ 85,000 | $ 76,000 |
| Camden County New Jersey | 1 | $ 155,000 | $ 155,000 | $ 285,000 |
| Essex County New Jersey | 1 | $ 295,000 | $ 295,000 | $ 486,000 |
| Gloucester County New Jersey | 1 | $ 75,000 | $ 75,000 | $ 143,000 |
| Hunterdon County New Jersey | 1 | $ 135,000 | $ 135,000 | $ 254,000 |
| Mercer County New Jersey | 1 | $ 145,000 | $ 145,000 | $ 267,000 |
| Somerset County New Jersey | 1 | $ 125,000 | $ 125,000 | $ 50,000 |
| Bronx County New York | 1 | $ 405,000 | $ 405,000 | $ 296,000 |
| Kings County New York | 1 | $ 405,000 | $ 405,000 | $ 318,000 |
| Livingston County New York | 1 | $ 225,000 | $ 225,000 | $ 228,000 |
| New York County New York | 1 | $ 335,000 | $ 335,000 | $ 124,000 |
| Carteret County North Carolina | 1 | $ 15,000 | $ 15,000 | $ 205,000 |
| Chatham County North Carolina | 1 | $ 665,000 | $ 665,000 | $ 129,000 |
| Craven County North Carolina | 1 | $ 255,000 | $ 255,000 | $ 105,000 |
| Guilford County North Carolina | 1 | $ 295,000 | $ 295,000 | $ 162,000 |
| Lincoln County North Carolina | 1 | $ 115,000 | $ 115,000 | $ 284,000 |
| Moore County North Carolina | 1 | $ 125,000 | $ 125,000 | $ 152,000 |
| Nash County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 140,000 |
| New Hanover County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 107,000 |
| Pitt County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 111,000 |
| Union County North Carolina | 1 | $ 55,000 | $ 55,000 | $ 155,000 |
| Butler County Ohio | 1 | $ 355,000 | $ 355,000 | $ 200,000 |
| Cuyahoga County Ohio | 1 | $ 255,000 | $ 255,000 | $ 132,000 |
| Delaware County Ohio | 1 | $ 145,000 | $ 145,000 | $ 140,000 |
| Franklin County Ohio | 1 | $ 245,000 | $ 245,000 | $ 135,000 |
| Greene County Ohio | 1 | $ 55,000 | $ 55,000 | $ 248,000 |
| Deschutes County Oregon | 1 | $ 625,000 | $ 625,000 | $ 240,000 |
| Adams County Pennsylvania | 1 | $ 85,000 | $ 85,000 | $ 197,000 |
| Allegheny County Pennsylvania | 1 | $ 465,000 | $ 465,000 | $ 169,000 |
| Bucks County Pennsylvania | 1 | $ 155,000 | $ 155,000 | $ 375,000 |
| Butler County Pennsylvania | 1 | $ 245,000 | $ 245,000 | $ 85,000 |
| Chester County Pennsylvania | 1 | $ 135,000 | $ 135,000 | $ 259,000 |
| Clearfield County Pennsylvania | 1 | $ 115,000 | $ 115,000 | $ 98,000 |
| Columbia County Pennsylvania | 1 | $ 35,000 | $ 35,000 | $ 132,000 |
| Lancaster County Pennsylvania | 1 | $ 255,000 | $ 255,000 | $ 137,000 |
| Washington County Pennsylvania | 1 | $ 85,000 | $ 85,000 | $ 99,000 |
| Providence County Rhode Island | 1 | $ 185,000 | $ 185,000 | $ 96,000 |
| Greenville County South Carolina | 1 | $ 265,000 | $ 265,000 | $ 245,000 |
| Lexington County South Carolina | 1 | $ 105,000 | $ 105,000 | $ 137,000 |
| Spartanburg County South Carolina | 1 | $ 435,000 | $ 435,000 | $ 125,000 |
| Davidson County Tennessee | 1 | $ 385,000 | $ 385,000 | $ 72,000 |
| Greene County Tennessee | 1 | $ 75,000 | $ 75,000 | $ 120,000 |
| Williamson County Tennessee | 1 | $ 255,000 | $ 255,000 | $ 219,000 |
| Bell County Texas | 1 | $ 55,000 | $ 55,000 | $ 100,000 |
| Cameron County Texas | 1 | $ 55,000 | $ 55,000 | $ 96,000 |
| Collin County Texas | 1 | $ 195,000 | $ 195,000 | $ 184,000 |
| El Paso County Texas | 1 | $ 95,000 | $ 95,000 | $ 111,000 |
| McCulloch County Texas | 1 | $ 115,000 | $ 115,000 | $ 61,000 |
| Montgomery County Texas | 1 | $ 305,000 | $ 305,000 | $ 348,000 |
| Nacogdoches County Texas | 1 | $ 165,000 | $ 165,000 | $ 430,000 |
| Tarrant County Texas | 1 | $ 205,000 | $ 205,000 | $ 528,000 |
| Williamson County Texas | 1 | $ 55,000 | $ 55,000 | $ 180,000 |
| Bedford County Virginia | 1 | $ 35,000 | $ 35,000 | $ 96,000 |
| Caroline County Virginia | 1 | $ 25,000 | $ 25,000 | $ 61,000 |
| Fairfax City County Virginia | 1 | $ 145,000 | $ 145,000 | $ 204,000 |
| Goochland County Virginia | 1 | $ 125,000 | $ 125,000 | $ 354,000 |
| Hampton County Virginia | 1 | $ 135,000 | $ 135,000 | $ 25,000 |
| Hanover County Virginia | 1 | $ 75,000 | $ 75,000 | $ 144,000 |
| James City County Virginia | 1 | $ 105,000 | $ 105,000 | $ 99,000 |
| New Kent County Virginia | 1 | $ 75,000 | $ 75,000 | $ 164,000 |
| Powhatan County Virginia | 1 | $ 195,000 | $ 195,000 | $ 111,000 |
| Shenandoah County Virginia | 1 | $ 95,000 | $ 95,000 | $ 485,000 |
| Stafford County Virginia | 1 | $ 55,000 | $ 55,000 | $ 232,000 |
| Virginia Beach County Virginia | 1 | $ 15,000 | $ 15,000 | $ 102,000 |
| Clark County Washington | 1 | $ 75,000 | $ 75,000 | $ 109,000 |
| Mason County Washington | 1 | $ 35,000 | $ 35,000 | $ 284,000 |
| Fayette County West Virginia | 1 | $ 135,000 | $ 135,000 | $ 149,000 |
| Washington County Wisconsin | 1 | $ 315,000 | $ 315,000 | $ 49,000 |
Mortgage Loan Application Detail Totals for Lafayette Federal Credit Union in 2022
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 |
|---|---|---|---|---|---|---|
| Other Purpose | 409 | $67,105,000 | $164,000 | $2,385,000 | $313,000 | $8,225,000 |
| Home Purchase | 112 | $47,260,000 | $421,000 | $2,005,000 | $157,000 | $1,627,000 |
| Refinancing | 38 | $13,920,000 | $366,000 | $1,525,000 | $216,000 | $1,740,000 |
| Cash-out Refinancing | 24 | $8,600,000 | $358,000 | $1,055,000 | $153,000 | $408,000 |
| Home Improvement | 5 | $1,025,000 | $205,000 | $425,000 | $995,000 | $4,048,000 |
| 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 | 292 | $65,010,000 | $222,000 | $1,525,000 | $244,000 | $5,226,000 |
| Not Provided | 114 | $31,250,000 | $274,000 | $2,385,000 | $403,000 | $8,225,000 |
| Black or African American | 95 | $24,495,000 | $257,000 | $2,005,000 | $201,000 | $4,988,000 |
| Hispanic | 56 | $10,070,000 | $179,000 | $775,000 | $375,000 | $5,500,000 |
| Asian | 18 | $5,520,000 | $306,000 | $875,000 | $168,000 | $334,000 |
| American Indian or Alaskan Native | 3 | $235,000 | $78,000 | $105,000 | $212,000 | $281,000 |
| 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) | 588 | $137,910,000 | $234,000 | $2,385,000 | $276,000 | $8,225,000 |
| 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 | 284 | $63,310,000 | $222,000 | $2,385,000 | $192,000 | $912,000 |
| Application Denied By Financial Institution | 150 | $33,620,000 | $224,000 | $1,655,000 | $384,000 | $8,225,000 |
| Application Withdrawn By Applicant | 94 | $22,860,000 | $243,000 | $1,425,000 | $330,000 | $5,226,000 |
| File Closed For Incompleteness | 35 | $8,695,000 | $248,000 | $1,055,000 | $457,000 | $7,784,000 |
| Preapproval Denied by Financial Institution | 16 | $6,900,000 | $431,000 | $1,505,000 | $105,000 | $185,000 |
| Application Approved But Not Accepted | 5 | $1,145,000 | $229,000 | $715,000 | $172,000 | $240,000 |
| Preapproval Approved but not Accepted | 4 | $1,380,000 | $345,000 | $755,000 | $104,000 | $160,000 |
| 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 | 422 | $97,390,000 | $230,000 | $2,385,000 | $244,000 | $7,784,000 |
| Credit History | 40 | $8,390,000 | $209,000 | $605,000 | $609,000 | $5,500,000 |
| Credit Application Incomplete | 35 | $8,635,000 | $246,000 | $955,000 | $266,000 | $1,740,000 |
| Debt-To-Income Ratio | 31 | $10,415,000 | $335,000 | $1,505,000 | $128,000 | $498,000 |
| Other | 29 | $5,165,000 | $178,000 | $505,000 | $246,000 | $1,500,000 |
| Collateral | 14 | $3,920,000 | $280,000 | $1,655,000 | $267,000 | $994,000 |
| Unverifiable Information | 10 | $1,910,000 | $191,000 | $455,000 | $1,009,000 | $8,225,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $1,595,000 | $319,000 | $605,000 | $95,000 | $160,000 |
| Employment History | 2 | $490,000 | $245,000 | $385,000 | $81,000 | $112,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Lafayette Federal Credit Union's 2022 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.