Mid-Atlantic FCU Mortgage Lending & HMDA Data, 2017
In 2017, Mid-Atlantic FCU of Germantown, MD reported 204 mortgage applications totaling $39.9 million, up 96% from 2016. The average application was for $195,416, and applicants reported an average income of $142,343. 69% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Silver Spring-Frederick-Rockville, MD (153), Washington-Arlington-Alexandria, DC-VA-MD-WV (25) and Baltimore-Columbia-Towson, MD (10) (applications in parentheses).
| Mortgage Company & Address | Mid-Atlantic FCU 12820 Wisteria Drive Germantown, MD 20874 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 | 204 |
| Total Mortgage Loan Application Amount | $39,865,000 |
| Average Mortgage Loan Application Amount | $195,416 |
| Highest Mortgage Loan Application Amount | $1,425,000 |
| Average Applicant Income | $142,343 |
| Highest Applicant Income | $684,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Mid-Atlantic FCU filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Mid-Atlantic FCU in 2017
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 |
|---|---|---|---|---|---|---|
| Home Improvement | 112 | $19,171,000 | $171,000 | $670,000 | $135,000 | $539,000 |
| Home Purchase | 83 | $17,003,000 | $204,000 | $697,000 | $155,000 | $684,000 |
| Refinancing | 9 | $3,691,000 | $410,000 | $1,425,000 | $117,000 | $350,000 |
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 | 74 | $11,184,000 | $151,000 | $670,000 | $158,000 | $539,000 |
| Asian | 39 | $6,742,000 | $172,000 | $557,000 | $132,000 | $320,000 |
| Black or African American | 36 | $8,014,000 | $222,000 | $660,000 | $135,000 | $502,000 |
| Hispanic | 27 | $4,441,000 | $164,000 | $615,000 | $131,000 | $684,000 |
| Not Provided | 26 | $7,809,000 | $300,000 | $697,000 | $141,000 | $350,000 |
| Not applicable | 2 | $1,675,000 | $837,000 | $1,425,000 | $73,000 | $147,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 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) | 196 | $37,724,000 | $192,000 | $1,425,000 | $146,000 | $684,000 |
| FHA-insured (Federal Housing Administration) | 7 | $1,607,000 | $229,000 | $341,000 | $52,000 | $80,000 |
| VA-guaranteed (Veterans Administration) | 1 | $534,000 | $534,000 | $534,000 | $100,000 | $100,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 141 | $24,913,000 | $176,000 | $1,425,000 | $160,000 | $684,000 |
| Application Withdrawn By Applicant | 30 | $7,854,000 | $261,000 | $639,000 | $116,000 | $350,000 |
| Application Denied By Financial Institution | 22 | $3,996,000 | $181,000 | $560,000 | $81,000 | $300,000 |
| File Closed For Incompleteness | 10 | $2,815,000 | $281,000 | $696,000 | $111,000 | $166,000 |
| Application Approved But Not Accepted | 1 | $287,000 | $287,000 | $287,000 | $56,000 | $56,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 8 | $1,988,000 | $248,000 | $560,000 | $48,000 | $76,000 |
| Credit Application Incomplete | 4 | $235,000 | $58,000 | $100,000 | $165,000 | $300,000 |
| Credit History | 3 | $355,000 | $118,000 | $240,000 | $87,000 | $119,000 |
| Unverifiable Information | 3 | $632,000 | $210,000 | $341,000 | $52,000 | $70,000 |
| Other | 2 | $408,000 | $204,000 | $238,000 | $64,000 | $77,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $192,000 | $192,000 | $192,000 | $150,000 | $150,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mid-Atlantic FCU's 2017 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 Mid-Atlantic 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.
For a list of all lenders in Maryland, download the full spreadsheet
with aggregated HMDA statistics today.
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