Los Angeles Police FCU Mortgage Lending & HMDA Data, 2013

In 2013, Los Angeles Police FCU of Van Nuys, CA reported 866 mortgage applications totaling $194.2 million, down 31% from 2012. The average application was for $224,270, and applicants reported an average income of $114,740. 49% of its applications resulted in an originated loan and 20% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (491), Riverside-San Bernardino-Ontario, CA (138) and Oxnard-Thousand Oaks-Ventura, CA (55) (applications in parentheses).

Mortgage Company & Address Los Angeles Police FCU
16150 Sherman Way
Van Nuys, CA 91406
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 866
Total Mortgage Loan Application Amount $194,218,000
Average Mortgage Loan Application Amount $224,270
Highest Mortgage Loan Application Amount $655,000
Average Applicant Income $114,740
Highest Applicant Income $895,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Los Angeles Police FCU filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Los Angeles Police FCU by County in 2013

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 491 $ 115,253,000 $ 234,731 $ 117,000
San Bernardino, California 87 $ 16,749,000 $ 192,517 $ 110,000
Ventura, California 55 $ 13,379,000 $ 243,254 $ 119,000
Riverside, California 51 $ 12,009,000 $ 235,470 $ 123,000
Orange, California 44 $ 11,937,000 $ 271,295 $ 134,000
Maricopa, Arizona 16 $ 2,518,000 $ 157,375 $ 92,000
San Diego, California 13 $ 2,789,000 $ 214,538 $ 98,000
Clark, Nevada 7 $ 1,188,000 $ 169,714 $ 91,000
Mohave, Arizona 6 $ 849,000 $ 141,500 $ 140,000
Kern, California 5 $ 480,000 $ 96,000 $ 78,000
San Luis Obispo, California 5 $ 1,263,000 $ 252,600 $ 94,000
Placer, California 3 $ 948,000 $ 316,000 $ 124,000
San Mateo, California 3 $ 845,000 $ 281,666 $ 91,000
Douglas, Nevada 3 $ 708,000 $ 236,000 $ 109,000
Coos, Oregon 3 $ 438,000 $ 146,000 $ 77,000
Kitsap, Washington 3 $ 519,000 $ 173,000 $ 75,000
Navajo, Arizona 2 $ 351,000 $ 175,500 $ 86,000
Yavapai, Arizona 2 $ 361,000 $ 180,500 $ 113,000
El Dorado, California 2 $ 335,000 $ 167,500 $ 101,000
Fresno, California 2 $ 697,000 $ 348,500 $ 95,000
Humboldt, California 2 $ 542,000 $ 271,000 $ 104,000
Shasta, California 2 $ 435,000 $ 217,500 $ 65,000
Solano, California 2 $ 330,000 $ 165,000 $ 123,000
Cumberland, North Carolina 2 $ 75,000 $ 37,500 $ 119,000
Delaware, Oklahoma 2 $ 289,000 $ 144,500 $ 76,000
Josephine, Oregon 2 $ 501,000 $ 250,500 $ 57,000
Lincoln, Wisconsin 2 $ 180,000 $ 90,000 $ 98,000
Montgomery, Alabama 1 $ 60,000 $ 60,000 $ 19,000
Pima, Arizona 1 $ 140,000 $ 140,000 $ 75,000
Amador, California 1 $ 125,000 $ 125,000 $ 88,000
Butte, California 1 $ 55,000 $ 55,000 $ 86,000
Lassen, California 1 $ 100,000 $ 100,000 $ 69,000
Mariposa, California 1 $ 236,000 $ 236,000 $ 72,000
Sacramento, California 1 $ 10,000 $ 10,000 $ 122,000
Santa Barbara, California 1 $ 310,000 $ 310,000 $ 173,000
Sonoma, California 1 $ 336,000 $ 336,000 $ 152,000
Yolo, California 1 $ 176,000 $ 176,000 $ 76,000
Archuleta, Colorado 1 $ 417,000 $ 417,000 $ 61,000
Douglas, Colorado 1 $ 417,000 $ 417,000 $ 121,000
Jefferson, Colorado 1 $ 41,000 $ 41,000 $ 74,000
Larimer, Colorado 1 $ 20,000 $ 20,000 $ 102,000
Summit, Colorado 1 $ 157,000 $ 157,000 $ 108,000
Polk, Florida 1 $ 70,000 $ 70,000 $ 180,000
Cherokee, Georgia 1 $ 218,000 $ 218,000 $ 197,000
Fulton, Georgia 1 $ 38,000 $ 38,000 $ 36,000
Henry, Georgia 1 $ 50,000 $ 50,000 $ 120,000
Ada, Idaho 1 $ 116,000 $ 116,000 $ 71,000
Kootenai, Idaho 1 $ 176,000 $ 176,000 $ 66,000
Valley, Idaho 1 $ 120,000 $ 120,000 $ 190,000
Suffolk, Massachusetts 1 $ 109,000 $ 109,000 $ 37,000
Anoka, Minnesota 1 $ 364,000 $ 364,000 $ 134,000
Jasper, Missouri 1 $ 67,000 $ 67,000 $ 90,000
Lincoln, Montana 1 $ 100,000 $ 100,000 $ 69,000
Mineral, Montana 1 $ 80,000 $ 80,000 $ 75,000
Ravalli, Montana 1 $ 95,000 $ 95,000 $ 52,000
Carson City, Nevada 1 $ 215,000 $ 215,000 $ 102,000
Lyon, Nevada 1 $ 276,000 $ 276,000 $ 90,000
Washoe, Nevada 1 $ 165,000 $ 165,000 $ 105,000
Mecklenburg, North Carolina 1 $ 67,000 $ 67,000 $ 105,000
Mifflin, Pennsylvania 1 $ 79,000 $ 79,000 $ 46,000
Northumberland, Pennsylvania 1 $ 175,000 $ 175,000 $ 57,000
Franklin, Tennessee 1 $ 248,000 $ 248,000 $ 94,000
Loudon, Tennessee 1 $ 104,000 $ 104,000 $ 161,000
Williamson, Tennessee 1 $ 405,000 $ 405,000 $ 133,000
Bell, Texas 1 $ 108,000 $ 108,000 $ 100,000
Bowie, Texas 1 $ 110,000 $ 110,000 $ 120,000
Dallas, Texas 1 $ 235,000 $ 235,000 $ 231,000
Denton, Texas 1 $ 80,000 $ 80,000 $ 186,000
Travis, Texas 1 $ 193,000 $ 193,000 $ 237,000
Williamson, Texas 1 $ 149,000 $ 149,000 $ 100,000
Utah, Utah 1 $ 260,000 $ 260,000 $ 107,000
Chittenden, Vermont 1 $ 175,000 $ 175,000 $ 67,000
Spotsylvania, Virginia 1 $ 223,000 $ 223,000 $ 146,000
King, Washington 1 $ 345,000 $ 345,000 $ 107,000
Pierce, Washington 1 $ 300,000 $ 300,000 $ 74,000
Spokane, Washington 1 $ 135,000 $ 135,000 $ 103,000

Mortgage Loan Application Detail Totals for Los Angeles Police FCU in 2013

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 599 $147,446,000 $246,000 $655,000 $116,000 $895,000
Home Improvement 170 $24,458,000 $143,000 $550,000 $117,000 $293,000
Home Purchase 97 $22,314,000 $230,000 $600,000 $103,000 $289,000

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 266 $61,457,000 $231,000 $655,000 $113,000 $360,000
Not Provided 257 $52,259,000 $203,000 $625,000 $118,000 $895,000
Hispanic 242 $57,060,000 $235,000 $615,000 $118,000 $642,000
Black or African American 52 $10,222,000 $196,000 $540,000 $98,000 $182,000
Asian 33 $8,391,000 $254,000 $560,000 $107,000 $231,000
American Indian or Alaskan Native 11 $3,344,000 $304,000 $480,000 $118,000 $274,000
Native Hawaiian or Other Pacific Islander 5 $1,485,000 $297,000 $550,000 $109,000 $162,000
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) 866 $194,218,000 $224,000 $655,000 $115,000 $895,000
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 423 $92,849,000 $219,000 $625,000 $112,000 $354,000
Application Denied By Financial Institution 173 $36,082,000 $208,000 $558,000 $103,000 $309,000
Application Withdrawn By Applicant 167 $38,226,000 $228,000 $655,000 $123,000 $349,000
File Closed For Incompleteness 78 $20,811,000 $266,000 $626,000 $126,000 $642,000
Application Approved But Not Accepted 25 $6,250,000 $250,000 $540,000 $147,000 $895,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial 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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Los Angeles Police FCU's 2013 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 Los Angeles Police FCU'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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