Logix Federal Credit Union Mortgage Lending & HMDA Data, 2010

In 2010, Logix Federal Credit Union of Valencia, CA reported 3,102 mortgage applications totaling $844.1 million, up 8% from 2009. The average application was for $272,100, and applicants reported an average income of $119,466. 62% of its applications resulted in an originated loan and 16% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (2,043), Oxnard-Thousand Oaks-Ventura, CA (245) and Manchester-Nashua, NH (193) (applications in parentheses).

Mortgage Company & Address Logix Federal Credit Union
2340 Hollywood Way
Valencia, CA 91355
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 3,102
Total Mortgage Loan Application Amount $844,056,000
Average Mortgage Loan Application Amount $272,100
Highest Mortgage Loan Application Amount $2,000,000
Average Applicant Income $119,466
Highest Applicant Income $1,397,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Logix Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for Logix Federal Credit Union by County in 2010

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles, California 2,043 $ 565,950,000 $ 277,019 $ 117,000
Ventura, California 245 $ 84,505,000 $ 344,918 $ 127,000
Hillsborough, New Hampshire 193 $ 37,180,000 $ 192,642 $ 124,000
Riverside, California 70 $ 16,039,000 $ 229,128 $ 130,000
Orange, California 66 $ 22,257,000 $ 337,227 $ 136,000
San Bernardino, California 55 $ 11,885,000 $ 216,090 $ 122,000
Kern, California 39 $ 6,202,000 $ 159,025 $ 105,000
San Diego, California 37 $ 13,291,000 $ 359,216 $ 165,000
Rockingham, New Hampshire 31 $ 6,574,000 $ 212,064 $ 126,000
Clark, Nevada 20 $ 4,433,000 $ 221,650 $ 118,000
Middlesex, Massachusetts 16 $ 4,260,000 $ 266,250 $ 158,000
Maricopa, Arizona 14 $ 2,008,000 $ 143,428 $ 111,000
Santa Barbara, California 9 $ 2,569,000 $ 285,444 $ 190,000
Merrimack, New Hampshire 9 $ 1,559,000 $ 173,222 $ 107,000
Brevard, Florida 8 $ 1,530,000 $ 191,250 $ 157,000
Sacramento, California 7 $ 1,215,000 $ 173,571 $ 111,000
Santa Clara, California 7 $ 2,374,000 $ 339,142 $ 185,000
Mohave, Arizona 6 $ 1,174,000 $ 195,666 $ 140,000
Alameda, California 6 $ 1,434,000 $ 239,000 $ 74,000
Contra Costa, California 6 $ 3,441,000 $ 573,500 $ 193,000
Montgomery, Maryland 6 $ 2,293,000 $ 382,166 $ 181,000
Essex, Massachusetts 5 $ 842,000 $ 168,400 $ 127,000
Belknap, New Hampshire 5 $ 898,000 $ 179,600 $ 135,000
Pima, Arizona 4 $ 1,155,000 $ 288,750 $ 136,000
El Dorado, California 4 $ 1,239,000 $ 309,750 $ 137,000
Placer, California 4 $ 738,000 $ 184,500 $ 72,000
San Luis Obispo, California 4 $ 1,411,000 $ 352,750 $ 115,000
Pinal, Arizona 3 $ 255,000 $ 85,000 $ 41,000
Fresno, California 3 $ 547,000 $ 182,333 $ 169,000
San Francisco, California 3 $ 1,487,000 $ 495,666 $ 230,000
Tulare, California 3 $ 344,000 $ 114,666 $ 81,000
Miami-Dade, Florida 3 $ 926,000 $ 308,666 $ 82,000
Howard, Maryland 3 $ 774,000 $ 258,000 $ 157,000
Butte, California 2 $ 345,000 $ 172,500 $ 99,000
Mono, California 2 $ 477,000 $ 238,500 $ 182,000
Monterey, California 2 $ 962,000 $ 481,000 $ 164,000
Nevada, California 2 $ 771,000 $ 385,500 $ 90,000
Shasta, California 2 $ 212,000 $ 106,000 $ 54,000
Sonoma, California 2 $ 595,000 $ 297,500 $ 107,000
District of Columbia, District Of Columbia 2 $ 985,000 $ 492,500 $ 309,000
Orange, Florida 2 $ 484,000 $ 242,000 $ 119,000
Palm Beach, Florida 2 $ 313,000 $ 156,500 $ 104,000
Pinellas, Florida 2 $ 197,000 $ 98,500 $ 167,000
St. Lucie, Florida 2 $ 100,000 $ 50,000 $ 67,000
Anne Arundel, Maryland 2 $ 790,000 $ 395,000 $ 162,000
Prince George's, Maryland 2 $ 627,000 $ 313,500 $ 159,000
Coos, New Hampshire 2 $ 224,000 $ 112,000 $ 126,000
Fairfax, Virginia 2 $ 636,000 $ 318,000 $ 189,000
King, Washington 2 $ 444,000 $ 222,000 $ 139,000
Inyo, California 1 $ 251,000 $ 251,000 $ 75,000
Marin, California 1 $ 472,000 $ 472,000 $ 53,000
San Benito, California 1 $ 220,000 $ 220,000 $ 67,000
San Mateo, California 1 $ 405,000 $ 405,000 $ 361,000
Santa Cruz, California 1 $ 417,000 $ 417,000 $ 183,000
Siskiyou, California 1 $ 176,000 $ 176,000 $ 133,000
Yolo, California 1 $ 387,000 $ 387,000 $ 124,000
Jefferson, Colorado 1 $ 284,000 $ 284,000 $ 115,000
Citrus, Florida 1 $ 150,000 $ 150,000 $ 108,000
Hernando, Florida 1 $ 125,000 $ 125,000 $ 107,000
Sumter, Florida 1 $ 120,000 $ 120,000 $ 45,000
Volusia, Florida 1 $ 160,000 $ 160,000 $ 151,000
Honolulu, Hawaii 1 $ 519,000 $ 519,000 $ 43,000
Maui, Hawaii 1 $ 574,000 $ 574,000 $ 288,000
Ada, Idaho 1 $ 63,000 $ 63,000 $ 32,000
Twin Falls, Idaho 1 $ 613,000 $ 613,000 $ 225,000
Cumberland, Maine 1 $ 323,000 $ 323,000 $ 252,000
Kennebec, Maine 1 $ 133,000 $ 133,000 $ 145,000
Penobscot, Maine 1 $ 103,000 $ 103,000 $ 166,000
York, Maine 1 $ 525,000 $ 525,000 $ 210,000
Charles, Maryland 1 $ 202,000 $ 202,000 $ 213,000
Harford, Maryland 1 $ 150,000 $ 150,000 $ 101,000
Washington, Maryland 1 $ 94,000 $ 94,000 $ 95,000
Barnstable, Massachusetts 1 $ 130,000 $ 130,000 $ 131,000
Worcester, Massachusetts 1 $ 113,000 $ 113,000 $ 144,000
Douglas, Nevada 1 $ 140,000 $ 140,000 $ 88,000
Washoe, Nevada 1 $ 115,000 $ 115,000 $ 38,000
Grafton, New Hampshire 1 $ 38,000 $ 38,000 $ 288,000
Strafford, New Hampshire 1 $ 256,000 $ 256,000 $ 118,000
Sullivan, New Hampshire 1 $ 417,000 $ 417,000 $ 281,000
Monmouth, New Jersey 1 $ 237,000 $ 237,000 $ 173,000
Nassau, New York 1 $ 182,000 $ 182,000 $ 136,000
Rockland, New York 1 $ 192,000 $ 192,000 $ 70,000
Clatsop, Oregon 1 $ 146,000 $ 146,000 $ 62,000
Newport, Rhode Island 1 $ 132,000 $ 132,000 $ 175,000
Harris, Texas 1 $ 84,000 $ 84,000 $ 0
Salt Lake, Utah 1 $ 114,000 $ 114,000 $ 160,000
Bennington, Vermont 1 $ 126,000 $ 126,000 $ 150,000
Campbell, Virginia 1 $ 136,000 $ 136,000 $ 91,000
Manassas, Virginia 1 $ 252,000 $ 252,000 $ 171,000

Mortgage Loan Application Detail Totals for Logix Federal Credit Union in 2010

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 2,554 $701,104,000 $274,000 $2,000,000 $120,000 $1,397,000
Home Purchase 530 $142,237,000 $268,000 $1,388,000 $118,000 $737,000
Home Improvement 18 $715,000 $39,000 $115,000 $87,000 $183,000

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 1,869 $507,572,000 $271,000 $2,000,000 $125,000 $1,397,000
Not Provided 465 $142,028,000 $305,000 $2,000,000 $135,000 $1,038,000
Hispanic 420 $100,927,000 $240,000 $1,500,000 $84,000 $419,000
Asian 244 $66,152,000 $271,000 $940,000 $112,000 $525,000
Black or African American 66 $15,648,000 $237,000 $797,000 $96,000 $245,000
Native Hawaiian or Other Pacific Islander 32 $9,900,000 $309,000 $555,000 $129,000 $215,000
American Indian or Alaskan Native 6 $1,829,000 $304,000 $485,000 $127,000 $220,000
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) 3,102 $844,056,000 $272,000 $2,000,000 $120,000 $1,397,000
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 1,929 $479,476,000 $248,000 $1,875,000 $120,000 $1,003,000
Application Denied By Financial Institution 488 $158,560,000 $324,000 $2,000,000 $109,000 $1,397,000
Application Withdrawn By Applicant 330 $97,555,000 $295,000 $1,250,000 $129,000 $554,000
File Closed For Incompleteness 196 $64,435,000 $328,000 $1,170,000 $144,000 $690,000
Preapproval Denied by Financial Institution 92 $23,717,000 $257,000 $800,000 $77,000 $360,000
Application Approved But Not Accepted 67 $20,313,000 $303,000 $1,196,000 $118,000 $300,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 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
Collateral 173 $59,609,000 $344,000 $2,000,000 $131,000 $522,000
Debt-To-Income Ratio 168 $48,938,000 $291,000 $1,500,000 $67,000 $283,000
Other 62 $19,000,000 $306,000 $807,000 $137,000 $759,000
Insufficient Cash (Downpayment, Closing Cost) 54 $16,937,000 $313,000 $1,934,000 $81,000 $360,000
Mortgage Insurance Denied 34 $8,707,000 $256,000 $494,000 $94,000 $208,000
Credit History 27 $6,410,000 $237,000 $500,000 $92,000 $360,000
Credit Application Incomplete 16 $6,523,000 $407,000 $1,038,000 $108,000 $325,000
Unverifiable Information 12 $2,934,000 $244,000 $493,000 $67,000 $276,000
Employment History 3 $1,454,000 $484,000 $654,000 $51,000 $88,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Logix Federal Credit Union's 2010 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 Logix 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 California, download the full spreadsheet with aggregated HMDA statistics today.

Download the California Lender List