Lafayette Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Lafayette Federal Credit Union 2023 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 | 802 |
| Total Mortgage Loan Application Amount | $203,420,000 |
| Average Mortgage Loan Application Amount | $321,000 |
| Highest Mortgage Loan Application Amount | $2,975,000 |
| Average Applicant Income | $263,800 |
| Highest Applicant Income | $8,760,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 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 2023 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 2023.
| 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 | 78 | $ 20,810,000 | $ 266,000 | $ 178,000 |
| District of Columbia County District Of Columbia | 38 | $ 14,670,000 | $ 386,000 | $ 341,000 |
| Fairfax County Virginia | 27 | $ 9,825,000 | $ 363,000 | $ 291,000 |
| Maricopa County Arizona | 25 | $ 2,905,000 | $ 116,000 | $ 272,000 |
| Prince George's County Maryland | 20 | $ 3,600,000 | $ 180,000 | $ 135,000 |
| Los Angeles County California | 19 | $ 5,615,000 | $ 295,000 | $ 222,000 |
| Suffolk County New York | 19 | $ 3,565,000 | $ 187,000 | $ 336,000 |
| Nassau County New York | 15 | $ 2,375,000 | $ 158,000 | $ 221,000 |
| Frederick County Maryland | 12 | $ 4,450,000 | $ 370,000 | $ 225,000 |
| Cook County Illinois | 11 | $ 1,845,000 | $ 167,000 | $ 245,000 |
| Anne Arundel County Maryland | 10 | $ 3,590,000 | $ 359,000 | $ 193,000 |
| Riverside County California | 9 | $ 1,195,000 | $ 132,000 | $ 163,000 |
| Hillsborough County Florida | 9 | $ 1,115,000 | $ 123,000 | $ 235,000 |
| Miami-Dade County Florida | 9 | $ 2,075,000 | $ 230,000 | $ 228,000 |
| Baltimore County Maryland | 9 | $ 2,345,000 | $ 260,000 | $ 147,000 |
| Calvert County Maryland | 9 | $ 3,495,000 | $ 388,000 | $ 157,000 |
| Loudoun County Virginia | 9 | $ 3,555,000 | $ 395,000 | $ 265,000 |
| Baltimore City County Maryland | 8 | $ 1,890,000 | $ 236,000 | $ 161,000 |
| Clark County Nevada | 8 | $ 1,730,000 | $ 216,000 | $ 216,000 |
| Kings County New York | 8 | $ 2,000,000 | $ 250,000 | $ 346,000 |
| Queens County New York | 8 | $ 980,000 | $ 122,000 | $ 152,000 |
| Howard County Maryland | 7 | $ 2,735,000 | $ 390,000 | $ 227,000 |
| Henrico County Virginia | 7 | $ 1,255,000 | $ 179,000 | $ 147,000 |
| San Diego County California | 6 | $ 1,560,000 | $ 260,000 | $ 267,000 |
| Fairfield County Connecticut | 6 | $ 1,270,000 | $ 211,000 | $ 314,000 |
| New Castle County Delaware | 6 | $ 2,100,000 | $ 350,000 | $ 261,000 |
| Palm Beach County Florida | 6 | $ 1,340,000 | $ 223,000 | $ 176,000 |
| Essex County New Jersey | 6 | $ 1,750,000 | $ 291,000 | $ 456,000 |
| Contra Costa County California | 5 | $ 905,000 | $ 181,000 | $ 1,931,000 |
| Fulton County Georgia | 5 | $ 2,025,000 | $ 405,000 | $ 251,000 |
| Camden County New Jersey | 5 | $ 975,000 | $ 195,000 | $ 163,000 |
| Orange County New York | 5 | $ 1,725,000 | $ 345,000 | $ 189,000 |
| Philadelphia County Pennsylvania | 5 | $ 345,000 | $ 69,000 | $ 93,000 |
| Prince William County Virginia | 5 | $ 1,175,000 | $ 235,000 | $ 187,000 |
| Orange County California | 4 | $ 490,000 | $ 122,000 | $ 165,000 |
| Sussex County Delaware | 4 | $ 630,000 | $ 157,000 | $ 146,000 |
| Broward County Florida | 4 | $ 1,080,000 | $ 270,000 | $ 152,000 |
| Manatee County Florida | 4 | $ 600,000 | $ 150,000 | $ 1,052,000 |
| Martin County Florida | 4 | $ 1,010,000 | $ 252,000 | $ 261,000 |
| Pinellas County Florida | 4 | $ 630,000 | $ 157,000 | $ 231,000 |
| Cobb County Georgia | 4 | $ 860,000 | $ 215,000 | $ 251,000 |
| St. Mary's County Maryland | 4 | $ 450,000 | $ 112,000 | $ 121,000 |
| Hudson County New Jersey | 4 | $ 1,710,000 | $ 427,000 | $ 208,000 |
| Monmouth County New Jersey | 4 | $ 540,000 | $ 135,000 | $ 131,000 |
| Morris County New Jersey | 4 | $ 660,000 | $ 165,000 | $ 153,000 |
| Rockland County New York | 4 | $ 1,430,000 | $ 357,000 | $ 2,259,000 |
| Mecklenburg County North Carolina | 4 | $ 1,070,000 | $ 267,000 | $ 549,000 |
| Arlington County Virginia | 4 | $ 1,370,000 | $ 342,000 | $ 193,000 |
| San Bernardino County California | 3 | $ 565,000 | $ 188,000 | $ 148,000 |
| Orange County Florida | 3 | $ 685,000 | $ 228,000 | $ 209,000 |
| Pasco County Florida | 3 | $ 1,165,000 | $ 388,000 | $ 206,000 |
| Allen County Indiana | 3 | $ 375,000 | $ 125,000 | $ 153,000 |
| Carroll County Maryland | 3 | $ 575,000 | $ 191,000 | $ 139,000 |
| Talbot County Maryland | 3 | $ 815,000 | $ 271,000 | $ 210,000 |
| Bergen County New Jersey | 3 | $ 1,075,000 | $ 358,000 | $ 243,000 |
| Cape May County New Jersey | 3 | $ 275,000 | $ 91,000 | $ 396,000 |
| Union County New Jersey | 3 | $ 455,000 | $ 151,000 | $ 208,000 |
| Westchester County New York | 3 | $ 655,000 | $ 218,000 | $ 235,000 |
| Wake County North Carolina | 3 | $ 925,000 | $ 308,000 | $ 277,000 |
| Horry County South Carolina | 3 | $ 335,000 | $ 111,000 | $ 222,000 |
| Denton County Texas | 3 | $ 1,635,000 | $ 545,000 | $ 234,000 |
| Harris County Texas | 3 | $ 615,000 | $ 205,000 | $ 224,000 |
| Chesterfield County Virginia | 3 | $ 1,295,000 | $ 431,000 | $ 404,000 |
| Richmond City County Virginia | 3 | $ 995,000 | $ 331,000 | $ 99,000 |
| Spotsylvania County Virginia | 3 | $ 235,000 | $ 78,000 | $ 138,000 |
| Skagit County Washington | 3 | $ 175,000 | $ 58,000 | $ 0 |
| Pima County Arizona | 2 | $ 240,000 | $ 120,000 | $ 186,000 |
| Pinal County Arizona | 2 | $ 120,000 | $ 60,000 | $ 104,000 |
| Fresno County California | 2 | $ 460,000 | $ 230,000 | $ 216,000 |
| Stanislaus County California | 2 | $ 210,000 | $ 105,000 | $ 127,000 |
| Arapahoe County Colorado | 2 | $ 170,000 | $ 85,000 | $ 117,000 |
| Osceola County Florida | 2 | $ 320,000 | $ 160,000 | $ 217,000 |
| Polk County Florida | 2 | $ 290,000 | $ 145,000 | $ 100,000 |
| Sarasota County Florida | 2 | $ 360,000 | $ 180,000 | $ 141,000 |
| St. Johns County Florida | 2 | $ 690,000 | $ 345,000 | $ 167,000 |
| Henry County Georgia | 2 | $ 160,000 | $ 80,000 | $ 97,000 |
| DuPage County Illinois | 2 | $ 320,000 | $ 160,000 | $ 309,000 |
| McHenry County Illinois | 2 | $ 390,000 | $ 195,000 | $ 108,000 |
| Will County Illinois | 2 | $ 180,000 | $ 90,000 | $ 112,000 |
| Hamilton County Indiana | 2 | $ 540,000 | $ 270,000 | $ 182,000 |
| Queen Anne's County Maryland | 2 | $ 310,000 | $ 155,000 | $ 140,000 |
| Jackson County Missouri | 2 | $ 190,000 | $ 95,000 | $ 156,000 |
| Ocean County New Jersey | 2 | $ 190,000 | $ 95,000 | $ 93,000 |
| Passaic County New Jersey | 2 | $ 220,000 | $ 110,000 | $ 124,000 |
| Somerset County New Jersey | 2 | $ 500,000 | $ 250,000 | $ 182,000 |
| Cabarrus County North Carolina | 2 | $ 90,000 | $ 45,000 | $ 80,000 |
| Johnston County North Carolina | 2 | $ 750,000 | $ 375,000 | $ 174,000 |
| Oklahoma County Oklahoma | 2 | $ 110,000 | $ 55,000 | $ 156,000 |
| Bucks County Pennsylvania | 2 | $ 370,000 | $ 185,000 | $ 1,640,000 |
| Lancaster County Pennsylvania | 2 | $ 160,000 | $ 80,000 | $ 93,000 |
| Montgomery County Pennsylvania | 2 | $ 300,000 | $ 150,000 | $ 178,000 |
| York County South Carolina | 2 | $ 130,000 | $ 65,000 | $ 118,000 |
| Williamson County Tennessee | 2 | $ 830,000 | $ 415,000 | $ 150,000 |
| Hays County Texas | 2 | $ 1,110,000 | $ 555,000 | $ 349,000 |
| Johnson County Texas | 2 | $ 240,000 | $ 120,000 | $ 114,000 |
| Travis County Texas | 2 | $ 390,000 | $ 195,000 | $ 200,000 |
| Fauquier County Virginia | 2 | $ 130,000 | $ 65,000 | $ 91,000 |
| Hampton County Virginia | 2 | $ 380,000 | $ 190,000 | $ 104,000 |
| Norfolk County Virginia | 2 | $ 450,000 | $ 225,000 | $ 144,000 |
| King County Washington | 2 | $ 180,000 | $ 90,000 | $ 0 |
| Pierce County Washington | 2 | $ 180,000 | $ 90,000 | $ 0 |
| Snohomish County Washington | 2 | $ 120,000 | $ 60,000 | $ 0 |
| Berkeley County West Virginia | 2 | $ 540,000 | $ 270,000 | $ 185,000 |
| Kenosha County Wisconsin | 2 | $ 230,000 | $ 115,000 | $ 169,000 |
| Baldwin County Alabama | 1 | $ 365,000 | $ 365,000 | $ 114,000 |
| Tuscaloosa County Alabama | 1 | $ 55,000 | $ 55,000 | $ 91,000 |
| Graham County Arizona | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Navajo County Arizona | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Alameda County California | 1 | $ 105,000 | $ 105,000 | $ 144,000 |
| Calaveras County California | 1 | $ 205,000 | $ 205,000 | $ 250,000 |
| El Dorado County California | 1 | $ 55,000 | $ 55,000 | $ 183,000 |
| Kern County California | 1 | $ 55,000 | $ 55,000 | $ 78,000 |
| San Joaquin County California | 1 | $ 405,000 | $ 405,000 | $ 308,000 |
| Tulare County California | 1 | $ 205,000 | $ 205,000 | $ 5,916,000 |
| Ventura County California | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Adams County Colorado | 1 | $ 125,000 | $ 125,000 | $ 257,000 |
| Denver County Colorado | 1 | $ 55,000 | $ 55,000 | $ 318,000 |
| Douglas County Colorado | 1 | $ 5,000 | $ 5,000 | $ 214,000 |
| Eagle County Colorado | 1 | $ 2,975,000 | $ 2,975,000 | $ 1,902,000 |
| Jefferson County Colorado | 1 | $ 1,215,000 | $ 1,215,000 | $ 458,000 |
| Montezuma County Colorado | 1 | $ 355,000 | $ 355,000 | $ 168,000 |
| Hartford County Connecticut | 1 | $ 1,115,000 | $ 1,115,000 | $ 377,000 |
| New Haven County Connecticut | 1 | $ 105,000 | $ 105,000 | $ 235,000 |
| Charlotte County Florida | 1 | $ 295,000 | $ 295,000 | $ 303,000 |
| Collier County Florida | 1 | $ 245,000 | $ 245,000 | $ 274,000 |
| Duval County Florida | 1 | $ 255,000 | $ 255,000 | $ 46,000 |
| Flagler County Florida | 1 | $ 105,000 | $ 105,000 | $ 177,000 |
| Indian River County Florida | 1 | $ 55,000 | $ 55,000 | $ 76,000 |
| Marion County Florida | 1 | $ 395,000 | $ 395,000 | $ 220,000 |
| Santa Rosa County Florida | 1 | $ 135,000 | $ 135,000 | $ 315,000 |
| Seminole County Florida | 1 | $ 225,000 | $ 225,000 | $ 114,000 |
| St. Lucie County Florida | 1 | $ 55,000 | $ 55,000 | $ 242,000 |
| Volusia County Florida | 1 | $ 205,000 | $ 205,000 | $ 113,000 |
| Walton County Florida | 1 | $ 185,000 | $ 185,000 | $ 274,000 |
| Baldwin County Georgia | 1 | $ 105,000 | $ 105,000 | $ 6,360,000 |
| Chattooga County Georgia | 1 | $ 45,000 | $ 45,000 | $ 18,000 |
| Greene County Georgia | 1 | $ 25,000 | $ 25,000 | $ 142,000 |
| Gwinnett County Georgia | 1 | $ 255,000 | $ 255,000 | $ 200,000 |
| Oglethorpe County Georgia | 1 | $ 85,000 | $ 85,000 | $ 300,000 |
| Paulding County Georgia | 1 | $ 95,000 | $ 95,000 | $ 76,000 |
| Maui County Hawaii | 1 | $ 55,000 | $ 55,000 | $ 87,000 |
| Bonneville County Idaho | 1 | $ 75,000 | $ 75,000 | $ 110,000 |
| Kane County Illinois | 1 | $ 55,000 | $ 55,000 | $ 151,000 |
| Kankakee County Illinois | 1 | $ 45,000 | $ 45,000 | $ 143,000 |
| Lake County Illinois | 1 | $ 155,000 | $ 155,000 | $ 144,000 |
| Sangamon County Illinois | 1 | $ 95,000 | $ 95,000 | $ 110,000 |
| Johnson County Indiana | 1 | $ 195,000 | $ 195,000 | $ 159,000 |
| Jasper County Iowa | 1 | $ 35,000 | $ 35,000 | $ 48,000 |
| East Baton Rouge County Louisiana | 1 | $ 95,000 | $ 95,000 | $ 312,000 |
| Lafayette County Louisiana | 1 | $ 195,000 | $ 195,000 | $ 73,000 |
| Charles County Maryland | 1 | $ 55,000 | $ 55,000 | $ 207,000 |
| Dorchester County Maryland | 1 | $ 155,000 | $ 155,000 | $ 96,000 |
| Harford County Maryland | 1 | $ 165,000 | $ 165,000 | $ 251,000 |
| Kent County Maryland | 1 | $ 105,000 | $ 105,000 | $ 129,000 |
| Washington County Maryland | 1 | $ 245,000 | $ 245,000 | $ 94,000 |
| Wicomico County Maryland | 1 | $ 275,000 | $ 275,000 | $ 165,000 |
| Worcester County Maryland | 1 | $ 105,000 | $ 105,000 | $ 169,000 |
| Genesee County Michigan | 1 | $ 45,000 | $ 45,000 | $ 141,000 |
| Wayne County Michigan | 1 | $ 175,000 | $ 175,000 | $ 302,000 |
| Dakota County Minnesota | 1 | $ 425,000 | $ 425,000 | $ 282,000 |
| Hennepin County Minnesota | 1 | $ 415,000 | $ 415,000 | $ 184,000 |
| Meeker County Minnesota | 1 | $ 255,000 | $ 255,000 | $ 53,000 |
| Olmsted County Minnesota | 1 | $ 95,000 | $ 95,000 | $ 109,000 |
| Bates County Missouri | 1 | $ 105,000 | $ 105,000 | $ 167,000 |
| Jefferson County Missouri | 1 | $ 55,000 | $ 55,000 | $ 111,000 |
| St. Louis County Missouri | 1 | $ 205,000 | $ 205,000 | $ 802,000 |
| Lyon County Nevada | 1 | $ 65,000 | $ 65,000 | $ 105,000 |
| Gloucester County New Jersey | 1 | $ 155,000 | $ 155,000 | $ 2,216,000 |
| Hunterdon County New Jersey | 1 | $ 105,000 | $ 105,000 | $ 508,000 |
| Mercer County New Jersey | 1 | $ 135,000 | $ 135,000 | $ 98,000 |
| Middlesex County New Jersey | 1 | $ 205,000 | $ 205,000 | $ 171,000 |
| Albany County New York | 1 | $ 155,000 | $ 155,000 | $ 495,000 |
| Bronx County New York | 1 | $ 155,000 | $ 155,000 | $ 115,000 |
| Columbia County New York | 1 | $ 105,000 | $ 105,000 | $ 105,000 |
| Erie County New York | 1 | $ 65,000 | $ 65,000 | $ 70,000 |
| Jefferson County New York | 1 | $ 105,000 | $ 105,000 | $ 96,000 |
| Madison County New York | 1 | $ 105,000 | $ 105,000 | $ 106,000 |
| New York County New York | 1 | $ 355,000 | $ 355,000 | $ 464,000 |
| Wayne County New York | 1 | $ 55,000 | $ 55,000 | $ 8,000 |
| Chatham County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 172,000 |
| Iredell County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 48,000 |
| Onslow County North Carolina | 1 | $ 45,000 | $ 45,000 | $ 60,000 |
| Clermont County Ohio | 1 | $ 485,000 | $ 485,000 | $ 165,000 |
| Franklin County Ohio | 1 | $ 625,000 | $ 625,000 | $ 550,000 |
| Hamilton County Ohio | 1 | $ 225,000 | $ 225,000 | $ 188,000 |
| Ross County Ohio | 1 | $ 35,000 | $ 35,000 | $ 30,000 |
| Washington County Oregon | 1 | $ 85,000 | $ 85,000 | $ 287,000 |
| Allegheny County Pennsylvania | 1 | $ 75,000 | $ 75,000 | $ 338,000 |
| Delaware County Pennsylvania | 1 | $ 15,000 | $ 15,000 | $ 85,000 |
| Franklin County Pennsylvania | 1 | $ 275,000 | $ 275,000 | $ 87,000 |
| Berkeley County South Carolina | 1 | $ 105,000 | $ 105,000 | $ 120,000 |
| Colleton County South Carolina | 1 | $ 175,000 | $ 175,000 | $ 146,000 |
| Lexington County South Carolina | 1 | $ 15,000 | $ 15,000 | $ 42,000 |
| Newberry County South Carolina | 1 | $ 225,000 | $ 225,000 | $ 67,000 |
| Richland County South Carolina | 1 | $ 115,000 | $ 115,000 | $ 206,000 |
| Davidson County Tennessee | 1 | $ 365,000 | $ 365,000 | $ 177,000 |
| Maury County Tennessee | 1 | $ 155,000 | $ 155,000 | $ 338,000 |
| Shelby County Tennessee | 1 | $ 65,000 | $ 65,000 | $ 67,000 |
| Collin County Texas | 1 | $ 905,000 | $ 905,000 | $ 353,000 |
| Ellis County Texas | 1 | $ 485,000 | $ 485,000 | $ 170,000 |
| Fort Bend County Texas | 1 | $ 275,000 | $ 275,000 | $ 151,000 |
| Hidalgo County Texas | 1 | $ 55,000 | $ 55,000 | $ 105,000 |
| Williamson County Texas | 1 | $ 85,000 | $ 85,000 | $ 166,000 |
| Davis County Utah | 1 | $ 105,000 | $ 105,000 | $ 300,000 |
| Bedford County Virginia | 1 | $ 55,000 | $ 55,000 | $ 519,000 |
| Dinwiddie County Virginia | 1 | $ 215,000 | $ 215,000 | $ 192,000 |
| Falls Church County Virginia | 1 | $ 1,005,000 | $ 1,005,000 | $ 310,000 |
| Frederick County Virginia | 1 | $ 165,000 | $ 165,000 | $ 186,000 |
| Isle of Wight County Virginia | 1 | $ 275,000 | $ 275,000 | $ 48,000 |
| Roanoke County Virginia | 1 | $ 105,000 | $ 105,000 | $ 108,000 |
| Southampton County Virginia | 1 | $ 75,000 | $ 75,000 | $ 60,000 |
| Stafford County Virginia | 1 | $ 35,000 | $ 35,000 | $ 105,000 |
| Virginia Beach County Virginia | 1 | $ 145,000 | $ 145,000 | $ 202,000 |
| Cowlitz County Washington | 1 | $ 125,000 | $ 125,000 | $ 111,000 |
| Grays Harbor County Washington | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Kitsap County Washington | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Spokane County Washington | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Hancock County West Virginia | 1 | $ 35,000 | $ 35,000 | $ 30,000 |
| Jefferson County West Virginia | 1 | $ 55,000 | $ 55,000 | $ 146,000 |
| Kanawha County West Virginia | 1 | $ 165,000 | $ 165,000 | $ 163,000 |
| Morgan County West Virginia | 1 | $ 425,000 | $ 425,000 | $ 391,000 |
| Putnam County West Virginia | 1 | $ 295,000 | $ 295,000 | $ 567,000 |
| Lincoln County Wisconsin | 1 | $ 55,000 | $ 55,000 | $ 145,000 |
Mortgage Loan Application Detail Totals for Lafayette Federal Credit Union in 2023
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 | 533 | $86,205,000 | $161,000 | $1,075,000 | $276,000 | $8,760,000 |
| Home Purchase | 236 | $105,240,000 | $445,000 | $1,745,000 | $250,000 | $7,512,000 |
| Refinancing | 14 | $8,410,000 | $600,000 | $2,975,000 | $365,000 | $1,902,000 |
| Home Improvement | 11 | $1,365,000 | $124,000 | $435,000 | $219,000 | $348,000 |
| Cash-out Refinancing | 8 | $2,200,000 | $275,000 | $485,000 | $209,000 | $420,000 |
| 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 | 344 | $82,760,000 | $240,000 | $2,975,000 | $298,000 | $7,512,000 |
| Hispanic | 135 | $31,115,000 | $230,000 | $1,745,000 | $214,000 | $3,689,000 |
| Black or African American | 124 | $34,240,000 | $276,000 | $1,185,000 | $194,000 | $1,025,000 |
| Not Provided | 115 | $34,785,000 | $302,000 | $1,505,000 | $267,000 | $7,868,000 |
| Asian | 43 | $13,815,000 | $321,000 | $1,115,000 | $456,000 | $8,760,000 |
| Not applicable | 29 | $2,495,000 | $86,000 | $255,000 | $0 | $0 |
| American Indian or Alaskan Native | 4 | $1,770,000 | $442,000 | $765,000 | $155,000 | $246,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $505,000 | $505,000 | $505,000 | $241,000 | $241,000 |
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) | 801 | $202,545,000 | $252,000 | $2,975,000 | $269,000 | $8,760,000 |
| VA-guaranteed (Veterans Administration) | 1 | $875,000 | $875,000 | $875,000 | $181,000 | $181,000 |
| 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 |
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 | 386 | $98,550,000 | $255,000 | $1,445,000 | $243,000 | $3,760,000 |
| Application Denied By Financial Institution | 184 | $31,630,000 | $171,000 | $1,745,000 | $291,000 | $8,760,000 |
| Application Withdrawn By Applicant | 111 | $35,135,000 | $316,000 | $2,975,000 | $286,000 | $7,868,000 |
| Preapproval Approved but not Accepted | 40 | $19,080,000 | $477,000 | $1,005,000 | $163,000 | $543,000 |
| Loan Purchased By The Institution | 29 | $2,495,000 | $86,000 | $255,000 | $0 | $0 |
| File Closed For Incompleteness | 27 | $8,105,000 | $300,000 | $1,505,000 | $379,000 | $5,916,000 |
| Preapproval Denied by Financial Institution | 15 | $5,835,000 | $389,000 | $875,000 | $621,000 | $7,512,000 |
| Application Approved But Not Accepted | 10 | $2,590,000 | $259,000 | $1,125,000 | $253,000 | $1,024,000 |
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 | 603 | $165,955,000 | $275,000 | $2,975,000 | $252,000 | $7,868,000 |
| Debt-To-Income Ratio | 67 | $13,655,000 | $203,000 | $585,000 | $125,000 | $508,000 |
| Credit History | 49 | $6,045,000 | $123,000 | $395,000 | $278,000 | $3,689,000 |
| Collateral | 30 | $5,280,000 | $176,000 | $705,000 | $184,000 | $545,000 |
| Credit Application Incomplete | 19 | $4,615,000 | $242,000 | $875,000 | $552,000 | $7,512,000 |
| Other | 18 | $3,070,000 | $170,000 | $405,000 | $1,159,000 | $8,760,000 |
| Unverifiable Information | 12 | $3,550,000 | $295,000 | $1,745,000 | $271,000 | $1,029,000 |
| Employment History | 2 | $510,000 | $255,000 | $425,000 | $146,000 | $244,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $740,000 | $370,000 | $485,000 | $185,000 | $200,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Lafayette Federal Credit Union's 2023 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.