Los Angeles Police FCU Mortgage Lending & HMDA Data, 2018

In 2018, Los Angeles Police FCU of Van Nuys, CA reported 751 mortgage applications totaling $158.6 million, up 6% from 2017. The average application was for $211,138, and applicants reported an average income of $123,615. 63% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (425), Riverside-San Bernardino-Ontario, CA (105) and Anaheim-Santa Ana-Irvine, CA (36) (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 751
Total Mortgage Loan Application Amount $158,565,000
Average Mortgage Loan Application Amount $211,138
Highest Mortgage Loan Application Amount $845,000
Average Applicant Income $123,615
Highest Applicant Income $1,333,000

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(HMDA) records Los Angeles Police FCU filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2018

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 425 $ 84,785,000 $ 199,494 $ 122,000
San Bernardino, California 66 $ 13,940,000 $ 211,212 $ 132,000
Riverside, California 39 $ 8,405,000 $ 215,512 $ 128,000
Orange, California 36 $ 8,190,000 $ 227,500 $ 152,000
Ventura, California 35 $ 6,715,000 $ 191,857 $ 142,000
Clark, Nevada 16 $ 2,700,000 $ 168,750 $ 102,000
Mohave, Arizona 9 $ 1,285,000 $ 142,777 $ 111,000
Kern, California 7 $ 1,065,000 $ 152,142 $ 91,000
San Diego, California 7 $ 1,585,000 $ 226,428 $ 129,000
Ada, Idaho 7 $ 1,165,000 $ 166,428 $ 103,000
Yavapai, Arizona 6 $ 1,270,000 $ 211,666 $ 165,000
Maricopa, Arizona 4 $ 520,000 $ 130,000 $ 84,000
San Luis Obispo, California 4 $ 1,680,000 $ 420,000 $ 128,000
Baldwin, Alabama 2 $ 320,000 $ 160,000 $ 74,000
Nevada, California 2 $ 580,000 $ 290,000 $ 160,000
Placer, California 2 $ 540,000 $ 270,000 $ 111,000
El Paso, Colorado 2 $ 590,000 $ 295,000 $ 137,000
Kootenai, Idaho 2 $ 420,000 $ 210,000 $ 190,000
Park, Montana 2 $ 330,000 $ 165,000 $ 76,000
Cleveland, Oklahoma 2 $ 290,000 $ 145,000 $ 89,000
Multnomah, Oregon 2 $ 120,000 $ 60,000 $ 127,000
Washington, Utah 2 $ 90,000 $ 45,000 $ 97,000
Spokane, Washington 2 $ 240,000 $ 120,000 $ 51,000
Coconino, Arizona 1 $ 115,000 $ 115,000 $ 45,000
Navajo, Arizona 1 $ 85,000 $ 85,000 $ 22,000
Pima, Arizona 1 $ 85,000 $ 85,000 $ 31,000
Pinal, Arizona 1 $ 265,000 $ 265,000 $ 82,000
Yuma, Arizona 1 $ 55,000 $ 55,000 $ 72,000
Amador, California 1 $ 175,000 $ 175,000 $ 70,000
Humboldt, California 1 $ 165,000 $ 165,000 $ 137,000
Santa Barbara, California 1 $ 555,000 $ 555,000 $ 168,000
Solano, California 1 $ 135,000 $ 135,000 $ 168,000
Douglas, Colorado 1 $ 255,000 $ 255,000 $ 60,000
Larimer, Colorado 1 $ 155,000 $ 155,000 $ 138,000
Brevard, Florida 1 $ 355,000 $ 355,000 $ 147,000
Lake, Florida 1 $ 295,000 $ 295,000 $ 190,000
St. Lucie, Florida 1 $ 135,000 $ 135,000 $ 55,000
Jackson, Georgia 1 $ 125,000 $ 125,000 $ 23,000
Hawaii, Hawaii 1 $ 525,000 $ 525,000 $ 152,000
Honolulu, Hawaii 1 $ 555,000 $ 555,000 $ 302,000
Blaine, Idaho 1 $ 105,000 $ 105,000 $ 83,000
Boundary, Idaho 1 $ 175,000 $ 175,000 $ 94,000
Canyon, Idaho 1 $ 225,000 $ 225,000 $ 101,000
Valley, Idaho 1 $ 675,000 $ 675,000 $ 269,000
Boone, Kentucky 1 $ 15,000 $ 15,000 $ 27,000
Suffolk, Massachusetts 1 $ 155,000 $ 155,000 $ 30,000
Flathead, Montana 1 $ 705,000 $ 705,000 $ 176,000
Douglas, Nevada 1 $ 235,000 $ 235,000 $ 163,000
Granville, North Carolina 1 $ 85,000 $ 85,000 $ 22,000
Guilford, North Carolina 1 $ 55,000 $ 55,000 $ 150,000
Mecklenburg, North Carolina 1 $ 505,000 $ 505,000 $ 121,000
Oklahoma, Oklahoma 1 $ 195,000 $ 195,000 $ 126,000
Tulsa, Oklahoma 1 $ 245,000 $ 245,000 $ 74,000
Deschutes, Oregon 1 $ 305,000 $ 305,000 $ 224,000
Lane, Oregon 1 $ 415,000 $ 415,000 $ 118,000
Mifflin, Pennsylvania 1 $ 115,000 $ 115,000 $ 47,000
Robertson, Tennessee 1 $ 305,000 $ 305,000 $ 146,000
Rutherford, Tennessee 1 $ 215,000 $ 215,000 $ 266,000
Shelby, Tennessee 1 $ 375,000 $ 375,000 $ 104,000
Williamson, Tennessee 1 $ 595,000 $ 595,000 $ 204,000
Cameron, Texas 1 $ 55,000 $ 55,000 $ 49,000
Collin, Texas 1 $ 195,000 $ 195,000 $ 79,000
Tarrant, Texas 1 $ 115,000 $ 115,000 $ 109,000
Taylor, Texas 1 $ 245,000 $ 245,000 $ 144,000
Cache, Utah 1 $ 125,000 $ 125,000 $ 66,000
Hanover, Virginia 1 $ 175,000 $ 175,000 $ 120,000
Kitsap, Washington 1 $ 425,000 $ 425,000 $ 146,000
Snohomish, Washington 1 $ 465,000 $ 465,000 $ 78,000
Stevens, Washington 1 $ 95,000 $ 95,000 $ 53,000
Waushara, Wisconsin 1 $ 225,000 $ 225,000 $ 193,000
Park, Wyoming 1 $ 115,000 $ 115,000 $ 143,000

Mortgage Loan Application Detail Totals for Los Angeles Police FCU in 2018

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
Cash-out Refinancing 184 $53,300,000 $289,000 $845,000 $113,000 $316,000
Home Purchase 175 $59,595,000 $340,000 $785,000 $124,000 $349,000
Other Purpose 165 $11,575,000 $70,000 $605,000 $118,000 $293,000
Home Improvement 164 $15,660,000 $95,000 $505,000 $141,000 $1,333,000
Refinancing 63 $18,435,000 $292,000 $835,000 $123,000 $261,000
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
Hispanic 229 $47,375,000 $206,000 $675,000 $123,000 $1,333,000
White 226 $48,460,000 $214,000 $845,000 $127,000 $349,000
Not Provided 165 $32,025,000 $194,000 $785,000 $122,000 $507,000
Black or African American 82 $19,790,000 $241,000 $675,000 $114,000 $277,000
Asian 34 $7,240,000 $212,000 $655,000 $127,000 $240,000
Native Hawaiian or Other Pacific Islander 6 $1,050,000 $175,000 $395,000 $125,000 $192,000
American Indian or Alaskan Native 4 $1,240,000 $310,000 $555,000 $147,000 $230,000
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) 751 $158,565,000 $211,000 $845,000 $124,000 $1,333,000
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 472 $92,430,000 $195,000 $845,000 $131,000 $1,333,000
Application Withdrawn By Applicant 194 $47,700,000 $245,000 $675,000 $117,000 $318,000
Application Denied By Financial Institution 55 $7,625,000 $138,000 $695,000 $93,000 $239,000
Preapproval Approved but not Accepted 12 $5,430,000 $452,000 $625,000 $116,000 $183,000
Application Approved But Not Accepted 11 $2,685,000 $244,000 $515,000 $109,000 $262,000
Preapproval Denied by Financial Institution 6 $2,420,000 $403,000 $575,000 $86,000 $130,000
File Closed For Incompleteness 1 $275,000 $275,000 $275,000 $73,000 $73,000
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 690 $148,520,000 $215,000 $845,000 $126,000 $1,333,000
Collateral 24 $2,490,000 $103,000 $415,000 $108,000 $239,000
Debt-To-Income Ratio 23 $3,975,000 $172,000 $575,000 $72,000 $155,000
Credit History 9 $2,565,000 $285,000 $655,000 $108,000 $175,000
Other 3 $785,000 $261,000 $695,000 $93,000 $150,000
Unverifiable Information 1 $155,000 $155,000 $155,000 $30,000 $30,000
Employment History 1 $75,000 $75,000 $75,000 $94,000 $94,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Los Angeles Police FCU's 2018 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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