Logix Federal Credit Union Mortgage Lending & HMDA Data, 2019

In 2019, Logix Federal Credit Union of Valencia, CA reported 7,910 mortgage applications totaling $2.4 billion, up 13% from 2018. The average application was for $305,314, and applicants reported an average income of $133,484. 64% of its applications resulted in an originated loan and 15% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (5,488), Oxnard-Thousand Oaks-Ventura, CA (1,035) and Riverside-San Bernardino-Ontario, CA (264) (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 7,910
Total Mortgage Loan Application Amount $2,415,040,000
Average Mortgage Loan Application Amount $305,314
Highest Mortgage Loan Application Amount $4,555,000
Average Applicant Income $133,484
Highest Applicant Income $3,084,000

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records Logix Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2019

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 5,488 $ 1,641,220,000 $ 299,056 $ 130,000
Ventura, California 1,035 $ 321,765,000 $ 310,884 $ 143,000
San Bernardino, California 134 $ 27,120,000 $ 202,388 $ 120,000
Riverside, California 130 $ 33,430,000 $ 257,153 $ 131,000
Kern, California 128 $ 20,430,000 $ 159,609 $ 93,000
Orange, California 126 $ 52,770,000 $ 418,809 $ 183,000
Clark, Nevada 76 $ 15,940,000 $ 209,736 $ 109,000
San Diego, California 56 $ 24,910,000 $ 444,821 $ 173,000
Hillsborough, New Hampshire 50 $ 7,140,000 $ 142,800 $ 134,000
Maricopa, Arizona 42 $ 8,460,000 $ 201,428 $ 116,000
Alameda, California 22 $ 8,600,000 $ 390,909 $ 324,000
Mohave, Arizona 17 $ 2,695,000 $ 158,529 $ 104,000
Fresno, California 17 $ 4,165,000 $ 245,000 $ 115,000
Santa Barbara, California 14 $ 5,510,000 $ 393,571 $ 259,000
Sacramento, California 12 $ 1,850,000 $ 154,166 $ 102,000
El Dorado, California 9 $ 1,295,000 $ 143,888 $ 95,000
San Luis Obispo, California 9 $ 3,695,000 $ 410,555 $ 136,000
Stanislaus, California 9 $ 1,485,000 $ 165,000 $ 118,000
Tulare, California 9 $ 1,095,000 $ 121,666 $ 64,000
Rockingham, New Hampshire 9 $ 1,055,000 $ 117,222 $ 147,000
Contra Costa, California 8 $ 2,750,000 $ 343,750 $ 179,000
Placer, California 8 $ 2,630,000 $ 328,750 $ 142,000
Santa Clara, California 8 $ 5,160,000 $ 645,000 $ 212,000
Yavapai, Arizona 7 $ 1,795,000 $ 256,428 $ 132,000
San Mateo, California 6 $ 4,030,000 $ 671,666 $ 158,000
Solano, California 6 $ 650,000 $ 108,333 $ 124,000
Sonoma, California 6 $ 4,540,000 $ 756,666 $ 242,000
Marin, California 5 $ 4,055,000 $ 811,000 $ 332,000
San Francisco, California 5 $ 1,355,000 $ 271,000 $ 212,000
Washoe, Nevada 5 $ 2,145,000 $ 429,000 $ 172,000
Pinal, Arizona 4 $ 420,000 $ 105,000 $ 35,000
Mono, California 4 $ 1,010,000 $ 252,500 $ 174,000
Merced, California 3 $ 705,000 $ 235,000 $ 394,000
Monterey, California 3 $ 715,000 $ 238,333 $ 189,000
Nevada, California 3 $ 775,000 $ 258,333 $ 87,000
Tuolumne, California 3 $ 775,000 $ 258,333 $ 179,000
Anne Arundel, Maryland 3 $ 985,000 $ 328,333 $ 197,000
Prince George's, Maryland 3 $ 495,000 $ 165,000 $ 119,000
Douglas, Nevada 3 $ 615,000 $ 205,000 $ 87,000
Lyon, Nevada 3 $ 435,000 $ 145,000 $ 94,000
Amador, California 2 $ 110,000 $ 55,000 $ 393,000
Napa, California 2 $ 200,000 $ 100,000 $ 77,000
San Joaquin, California 2 $ 210,000 $ 105,000 $ 116,000
Shasta, California 2 $ 720,000 $ 360,000 $ 119,000
District of Columbia, District Of Columbia 2 $ 1,110,000 $ 555,000 $ 197,000
Knox, Maine 2 $ 280,000 $ 140,000 $ 56,000
Middlesex, Massachusetts 2 $ 840,000 $ 420,000 $ 522,000
Plymouth, Massachusetts 2 $ 50,000 $ 25,000 $ 70,000
Merrimack, New Hampshire 2 $ 180,000 $ 90,000 $ 65,000
Fairfax, Virginia 2 $ 450,000 $ 225,000 $ 331,000
Loudoun, Virginia 2 $ 940,000 $ 470,000 $ 302,000
Navajo, Arizona 1 $ 265,000 $ 265,000 $ 119,000
Pima, Arizona 1 $ 305,000 $ 305,000 $ 432,000
Yuma, Arizona 1 $ 135,000 $ 135,000 $ 100,000
Butte, California 1 $ 85,000 $ 85,000 $ 186,000
Calaveras, California 1 $ 205,000 $ 205,000 $ 125,000
Humboldt, California 1 $ 445,000 $ 445,000 $ 155,000
Madera, California 1 $ 45,000 $ 45,000 $ 135,000
Mariposa, California 1 $ 65,000 $ 65,000 $ 83,000
Plumas, California 1 $ 255,000 $ 255,000 $ 95,000
San Benito, California 1 $ 835,000 $ 835,000 $ 275,000
Siskiyou, California 1 $ 45,000 $ 45,000 $ 19,000
Yolo, California 1 $ 35,000 $ 35,000 $ 148,000
Kennebec, Maine 1 $ 965,000 $ 965,000 $ 470,000
Baltimore, Maryland 1 $ 45,000 $ 45,000 $ 109,000
Baltimore City, Maryland 1 $ 235,000 $ 235,000 $ 74,000
Carroll, Maryland 1 $ 35,000 $ 35,000 $ 104,000
Cecil, Maryland 1 $ 155,000 $ 155,000 $ 40,000
Dorchester, Maryland 1 $ 65,000 $ 65,000 $ 80,000
Montgomery, Maryland 1 $ 285,000 $ 285,000 $ 189,000
Wicomico, Maryland 1 $ 55,000 $ 55,000 $ 33,000
Berkshire, Massachusetts 1 $ 105,000 $ 105,000 $ 94,000
Dukes, Massachusetts 1 $ 455,000 $ 455,000 $ 181,000
Essex, Massachusetts 1 $ 85,000 $ 85,000 $ 85,000
Norfolk, Massachusetts 1 $ 295,000 $ 295,000 $ 55,000
Carson City, Nevada 1 $ 75,000 $ 75,000 $ 257,000
Nye, Nevada 1 $ 145,000 $ 145,000 $ 34,000
Belknap, New Hampshire 1 $ 115,000 $ 115,000 $ 41,000
Grafton, New Hampshire 1 $ 325,000 $ 325,000 $ 398,000
Strafford, New Hampshire 1 $ 455,000 $ 455,000 $ 195,000
Sullivan, New Hampshire 1 $ 35,000 $ 35,000 $ 45,000
Clatsop, Oregon 1 $ 45,000 $ 45,000 $ 70,000
Arlington, Virginia 1 $ 995,000 $ 995,000 $ 404,000
Bedford, Virginia 1 $ 55,000 $ 55,000 $ 83,000
Chesterfield, Virginia 1 $ 55,000 $ 55,000 $ 85,000
Patrick, Virginia 1 $ 215,000 $ 215,000 $ 110,000
Portsmouth, Virginia 1 $ 35,000 $ 35,000 $ 62,000
Prince William, Virginia 1 $ 155,000 $ 155,000 $ 177,000
Spotsylvania, Virginia 1 $ 155,000 $ 155,000 $ 67,000

Mortgage Loan Application Detail Totals for Logix Federal Credit Union in 2019

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 2,493 $512,865,000 $205,000 $1,525,000 $125,000 $3,084,000
Home Improvement 1,576 $209,920,000 $133,000 $1,755,000 $131,000 $720,000
Cash-out Refinancing 1,460 $617,240,000 $422,000 $2,735,000 $121,000 $1,634,000
Home Purchase 1,376 $654,730,000 $475,000 $4,555,000 $158,000 $1,453,000
Refinancing 1,005 $420,285,000 $418,000 $2,285,000 $143,000 $3,000,000
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 3,689 $1,140,565,000 $309,000 $4,555,000 $142,000 $3,084,000
Hispanic 1,826 $456,710,000 $250,000 $1,405,000 $99,000 $1,072,000
Not Provided 1,408 $496,520,000 $352,000 $3,005,000 $155,000 $1,634,000
Asian 638 $217,950,000 $341,000 $1,815,000 $144,000 $718,000
Black or African American 202 $58,710,000 $290,000 $1,155,000 $120,000 $599,000
American Indian or Alaskan Native 27 $5,085,000 $188,000 $675,000 $103,000 $274,000
Native Hawaiian or Other Pacific Islander 20 $8,020,000 $401,000 $685,000 $128,000 $176,000
Not applicable 2 $2,210,000 $1,105,000 $1,405,000 $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) 7,910 $2,415,040,000 $305,000 $4,555,000 $134,000 $3,084,000
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 5,052 $1,458,600,000 $288,000 $4,555,000 $139,000 $1,453,000
Application Denied By Financial Institution 1,175 $352,635,000 $300,000 $2,005,000 $99,000 $957,000
File Closed For Incompleteness 535 $161,865,000 $302,000 $2,505,000 $139,000 $3,084,000
Application Approved But Not Accepted 455 $160,745,000 $353,000 $2,005,000 $145,000 $718,000
Application Withdrawn By Applicant 334 $100,260,000 $300,000 $2,205,000 $154,000 $3,000,000
Preapproval Denied by Financial Institution 206 $91,960,000 $446,000 $2,005,000 $99,000 $429,000
Preapproval Approved but not Accepted 153 $88,975,000 $581,000 $3,375,000 $175,000 $1,072,000
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 6,529 $1,970,445,000 $301,000 $4,555,000 $141,000 $3,084,000
Debt-To-Income Ratio 919 $321,325,000 $349,000 $2,005,000 $81,000 $635,000
Collateral 202 $49,410,000 $244,000 $1,585,000 $140,000 $957,000
Credit History 144 $35,310,000 $245,000 $1,205,000 $124,000 $635,000
Insufficient Cash (Downpayment, Closing Cost) 48 $19,790,000 $412,000 $2,005,000 $152,000 $635,000
Other 34 $9,930,000 $292,000 $1,205,000 $125,000 $502,000
Unverifiable Information 20 $5,230,000 $261,000 $825,000 $141,000 $438,000
Employment History 9 $2,745,000 $305,000 $865,000 $88,000 $135,000
Credit Application Incomplete 3 $335,000 $111,000 $255,000 $92,000 $127,000
Mortgage Insurance Denied 2 $520,000 $260,000 $485,000 $123,000 $149,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Logix Federal Credit Union's 2019 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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