Logix Federal Credit Union Mortgage Lending & HMDA Data, 2014

In 2014, Logix Federal Credit Union of Valencia, CA reported 3,694 mortgage applications totaling $1.1 billion, up 1% from 2013. The average application was for $294,670, and applicants reported an average income of $123,732. 64% of its applications resulted in an originated loan and 13% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (2,428), Oxnard-Thousand Oaks-Ventura, CA (438) and Riverside-San Bernardino-Ontario, CA (133) (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 3,694
Total Mortgage Loan Application Amount $1,088,512,000
Average Mortgage Loan Application Amount $294,670
Highest Mortgage Loan Application Amount $3,000,000
Average Applicant Income $123,732
Highest Applicant Income $3,207,000

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records Logix Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2014

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 2,428 $ 726,199,000 $ 299,093 $ 122,000
Ventura, California 438 $ 145,314,000 $ 331,767 $ 124,000
Hillsborough, New Hampshire 93 $ 16,409,000 $ 176,440 $ 126,000
Orange, California 86 $ 40,835,000 $ 474,825 $ 185,000
San Bernardino, California 86 $ 16,842,000 $ 195,837 $ 116,000
Kern, California 52 $ 7,205,000 $ 138,557 $ 89,000
Riverside, California 47 $ 9,633,000 $ 204,957 $ 106,000
San Diego, California 43 $ 17,226,000 $ 400,604 $ 248,000
Maricopa, Arizona 38 $ 5,228,000 $ 137,578 $ 92,000
Clark, Nevada 32 $ 4,631,000 $ 144,718 $ 118,000
Rockingham, New Hampshire 14 $ 2,640,000 $ 188,571 $ 126,000
Santa Barbara, California 13 $ 7,751,000 $ 596,230 $ 252,000
Sacramento, California 12 $ 2,063,000 $ 171,916 $ 97,000
San Luis Obispo, California 10 $ 3,225,000 $ 322,500 $ 174,000
Washoe, Nevada 9 $ 1,895,000 $ 210,555 $ 159,000
Fresno, California 8 $ 2,473,000 $ 309,125 $ 148,000
Contra Costa, California 6 $ 788,000 $ 131,333 $ 167,000
Marin, California 5 $ 2,562,000 $ 512,400 $ 266,000
Sonoma, California 5 $ 807,000 $ 161,400 $ 85,000
Middlesex, Massachusetts 5 $ 1,262,000 $ 252,400 $ 105,000
Pima, Arizona 4 $ 603,000 $ 150,750 $ 105,000
Alameda, California 4 $ 810,000 $ 202,500 $ 141,000
El Dorado, California 4 $ 1,110,000 $ 277,500 $ 90,000
Placer, California 4 $ 994,000 $ 248,500 $ 149,000
Santa Clara, California 4 $ 1,563,000 $ 390,750 $ 200,000
Tuolumne, California 4 $ 511,000 $ 127,750 $ 146,000
Prince George's, Maryland 4 $ 984,000 $ 246,000 $ 156,000
Merrimack, New Hampshire 4 $ 706,000 $ 176,500 $ 103,000
Fairfax, Virginia 4 $ 1,211,000 $ 302,750 $ 127,000
Mohave, Arizona 3 $ 504,000 $ 168,000 $ 87,000
Madera, California 3 $ 747,000 $ 249,000 $ 126,000
Shasta, California 3 $ 619,000 $ 206,333 $ 106,000
Palm Beach, Florida 3 $ 567,000 $ 189,000 $ 70,000
Montgomery, Maryland 3 $ 721,000 $ 240,333 $ 102,000
Prince William, Virginia 3 $ 504,000 $ 168,000 $ 212,000
Pinal, Arizona 2 $ 161,000 $ 80,500 $ 96,000
Merced, California 2 $ 392,000 $ 196,000 $ 95,000
Napa, California 2 $ 631,000 $ 315,500 $ 100,000
San Joaquin, California 2 $ 401,000 $ 200,500 $ 193,000
Yolo, California 2 $ 62,000 $ 31,000 $ 155,000
Brevard, Florida 2 $ 170,000 $ 85,000 $ 86,000
Essex, Massachusetts 2 $ 156,000 $ 78,000 $ 117,000
Douglas, Nevada 2 $ 321,000 $ 160,500 $ 71,000
Carroll, New Hampshire 2 $ 342,000 $ 171,000 $ 169,000
Yavapai, Arizona 1 $ 335,000 $ 335,000 $ 130,000
Butte, California 1 $ 304,000 $ 304,000 $ 66,000
Calaveras, California 1 $ 113,000 $ 113,000 $ 160,000
Humboldt, California 1 $ 214,000 $ 214,000 $ 89,000
San Francisco, California 1 $ 100,000 $ 100,000 $ 54,000
San Mateo, California 1 $ 430,000 $ 430,000 $ 280,000
Santa Cruz, California 1 $ 30,000 $ 30,000 $ 125,000
Solano, California 1 $ 100,000 $ 100,000 $ 51,000
Stanislaus, California 1 $ 350,000 $ 350,000 $ 135,000
Tulare, California 1 $ 130,000 $ 130,000 $ 81,000
District of Columbia, District Of Columbia 1 $ 1,060,000 $ 1,060,000 $ 274,000
Broward, Florida 1 $ 84,000 $ 84,000 $ 135,000
Charlotte, Florida 1 $ 168,000 $ 168,000 $ 330,000
Duval, Florida 1 $ 58,000 $ 58,000 $ 38,000
Highlands, Florida 1 $ 144,000 $ 144,000 $ 108,000
Hillsborough, Florida 1 $ 30,000 $ 30,000 $ 49,000
Indian River, Florida 1 $ 50,000 $ 50,000 $ 226,000
Martin, Florida 1 $ 79,000 $ 79,000 $ 36,000
Miami-Dade, Florida 1 $ 295,000 $ 295,000 $ 90,000
Monroe, Florida 1 $ 392,000 $ 392,000 $ 264,000
Okaloosa, Florida 1 $ 205,000 $ 205,000 $ 91,000
Orange, Florida 1 $ 232,000 $ 232,000 $ 126,000
Pinellas, Florida 1 $ 267,000 $ 267,000 $ 88,000
Sarasota, Florida 1 $ 120,000 $ 120,000 $ 103,000
Seminole, Florida 1 $ 252,000 $ 252,000 $ 69,000
St. Johns, Florida 1 $ 220,000 $ 220,000 $ 98,000
St. Lucie, Florida 1 $ 93,000 $ 93,000 $ 32,000
Knox, Maine 1 $ 160,000 $ 160,000 $ 77,000
Oxford, Maine 1 $ 304,000 $ 304,000 $ 328,000
Washington, Maine 1 $ 245,000 $ 245,000 $ 52,000
York, Maine 1 $ 50,000 $ 50,000 $ 25,000
Anne Arundel, Maryland 1 $ 585,000 $ 585,000 $ 131,000
Frederick, Maryland 1 $ 240,000 $ 240,000 $ 114,000
Garrett, Maryland 1 $ 108,000 $ 108,000 $ 85,000
Harford, Maryland 1 $ 30,000 $ 30,000 $ 138,000
Howard, Maryland 1 $ 40,000 $ 40,000 $ 170,000
Worcester, Maryland 1 $ 211,000 $ 211,000 $ 72,000
Bristol, Massachusetts 1 $ 285,000 $ 285,000 $ 75,000
Franklin, Massachusetts 1 $ 138,000 $ 138,000 $ 90,000
Worcester, Massachusetts 1 $ 136,000 $ 136,000 $ 91,000
Belknap, New Hampshire 1 $ 286,000 $ 286,000 $ 239,000
Cheshire, New Hampshire 1 $ 312,000 $ 312,000 $ 298,000
Strafford, New Hampshire 1 $ 54,000 $ 54,000 $ 57,000
Carroll, Virginia 1 $ 107,000 $ 107,000 $ 60,000
Chesterfield, Virginia 1 $ 118,000 $ 118,000 $ 52,000
Fairfax City, Virginia 1 $ 271,000 $ 271,000 $ 78,000
Richmond City, Virginia 1 $ 50,000 $ 50,000 $ 10,000
Rockingham, Virginia 1 $ 314,000 $ 314,000 $ 148,000
Warren, Virginia 1 $ 172,000 $ 172,000 $ 78,000

Mortgage Loan Application Detail Totals for Logix Federal Credit Union in 2014

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 2,264 $704,462,000 $311,000 $3,000,000 $123,000 $3,207,000
Home Purchase 943 $326,499,000 $346,000 $1,880,000 $130,000 $1,175,000
Home Improvement 487 $57,551,000 $118,000 $1,375,000 $115,000 $979,000

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 1,753 $527,313,000 $300,000 $2,000,000 $125,000 $1,322,000
Hispanic 757 $175,677,000 $232,000 $980,000 $94,000 $877,000
Not Provided 728 $248,549,000 $341,000 $3,000,000 $157,000 $3,207,000
Asian 308 $94,995,000 $308,000 $1,100,000 $119,000 $979,000
Black or African American 81 $22,227,000 $274,000 $890,000 $108,000 $288,000
Native Hawaiian or Other Pacific Islander 52 $17,242,000 $331,000 $1,190,000 $113,000 $281,000
American Indian or Alaskan Native 15 $2,509,000 $167,000 $412,000 $66,000 $170,000
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) 3,694 $1,088,512,000 $294,000 $3,000,000 $124,000 $3,207,000
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 2,363 $683,217,000 $289,000 $3,000,000 $131,000 $3,039,000
Application Denied By Financial Institution 466 $135,817,000 $291,000 $2,000,000 $90,000 $979,000
Application Withdrawn By Applicant 447 $136,361,000 $305,000 $1,500,000 $127,000 $3,207,000
File Closed For Incompleteness 198 $55,259,000 $279,000 $1,500,000 $118,000 $681,000
Preapproval Denied by Financial Institution 141 $48,088,000 $341,000 $1,125,000 $87,000 $314,000
Application Approved But Not Accepted 79 $29,770,000 $376,000 $1,500,000 $183,000 $3,207,000
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
Other 192 $50,184,000 $261,000 $1,000,000 $90,000 $452,000
Debt-To-Income Ratio 142 $49,927,000 $351,000 $2,000,000 $62,000 $289,000
Collateral 89 $29,082,000 $326,000 $1,100,000 $131,000 $979,000
Insufficient Cash (Downpayment, Closing Cost) 69 $21,825,000 $316,000 $1,050,000 $81,000 $254,000
Credit History 66 $17,793,000 $269,000 $1,125,000 $108,000 $448,000
Mortgage Insurance Denied 13 $4,257,000 $327,000 $620,000 $84,000 $181,000
Credit Application Incomplete 11 $3,062,000 $278,000 $728,000 $88,000 $170,000
Employment History 9 $2,334,000 $259,000 $626,000 $35,000 $85,000
Unverifiable Information 9 $3,256,000 $361,000 $625,000 $88,000 $163,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Logix Federal Credit Union's 2014 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.
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