Signature Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
Signature Federal Credit Union 2022 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Signature Federal Credit Union 12 Herbert St. Alexandria, VA 22313 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 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 | 247 |
| Total Mortgage Loan Application Amount | $48,225,000 |
| Average Mortgage Loan Application Amount | $237,500 |
| Highest Mortgage Loan Application Amount | $1,005,000 |
| Average Applicant Income | $160,750 |
| Highest Applicant Income | $720,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 with Signature Federal Credit Union. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Signature Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2022 breaks down Signature Federal Credit Union's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Signature Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Signature Federal Credit Union, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Signature Federal Credit Union's mortgage activity for 2022.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Maricopa County Arizona | 9 | $ 995,000 | $ 110,000 | $ 145,000 |
| Orange County California | 4 | $ 2,090,000 | $ 522,000 | $ 197,000 |
| Cuyahoga County Ohio | 4 | $ 520,000 | $ 130,000 | $ 83,000 |
| Fairfax County Virginia | 4 | $ 1,770,000 | $ 442,000 | $ 402,000 |
| Hernando County Florida | 3 | $ 375,000 | $ 125,000 | $ 151,000 |
| Palm Beach County Florida | 3 | $ 595,000 | $ 198,000 | $ 193,000 |
| St. Lucie County Florida | 3 | $ 135,000 | $ 45,000 | $ 91,000 |
| King County Washington | 3 | $ 785,000 | $ 261,000 | $ 161,000 |
| Pima County Arizona | 2 | $ 420,000 | $ 210,000 | $ 128,000 |
| Alameda County California | 2 | $ 440,000 | $ 220,000 | $ 309,000 |
| Los Angeles County California | 2 | $ 400,000 | $ 200,000 | $ 415,000 |
| Riverside County California | 2 | $ 330,000 | $ 165,000 | $ 188,000 |
| San Diego County California | 2 | $ 310,000 | $ 155,000 | $ 279,000 |
| San Joaquin County California | 2 | $ 1,060,000 | $ 530,000 | $ 125,000 |
| Arapahoe County Colorado | 2 | $ 850,000 | $ 425,000 | $ 267,000 |
| Sussex County Delaware | 2 | $ 1,050,000 | $ 525,000 | $ 304,000 |
| District of Columbia County District Of Columbia | 2 | $ 460,000 | $ 230,000 | $ 160,000 |
| Brevard County Florida | 2 | $ 330,000 | $ 165,000 | $ 144,000 |
| Orange County Florida | 2 | $ 330,000 | $ 165,000 | $ 246,000 |
| Cobb County Georgia | 2 | $ 140,000 | $ 70,000 | $ 141,000 |
| Gwinnett County Georgia | 2 | $ 230,000 | $ 115,000 | $ 74,000 |
| Barnstable County Massachusetts | 2 | $ 610,000 | $ 305,000 | $ 144,000 |
| Wayne County Michigan | 2 | $ 370,000 | $ 185,000 | $ 100,000 |
| Dakota County Minnesota | 2 | $ 150,000 | $ 75,000 | $ 167,000 |
| Bergen County New Jersey | 2 | $ 950,000 | $ 475,000 | $ 162,000 |
| Essex County New York | 2 | $ 120,000 | $ 60,000 | $ 47,000 |
| Rockland County New York | 2 | $ 400,000 | $ 200,000 | $ 179,000 |
| Mecklenburg County North Carolina | 2 | $ 700,000 | $ 350,000 | $ 172,000 |
| Vance County North Carolina | 2 | $ 440,000 | $ 220,000 | $ 118,000 |
| Wake County North Carolina | 2 | $ 1,000,000 | $ 500,000 | $ 121,000 |
| Carter County Oklahoma | 2 | $ 520,000 | $ 260,000 | $ 101,000 |
| Lexington County South Carolina | 2 | $ 270,000 | $ 135,000 | $ 161,000 |
| Spartanburg County South Carolina | 2 | $ 260,000 | $ 130,000 | $ 89,000 |
| Tarrant County Texas | 2 | $ 80,000 | $ 40,000 | $ 104,000 |
| Uvalde County Texas | 2 | $ 240,000 | $ 120,000 | $ 142,000 |
| Alexandria County Virginia | 2 | $ 430,000 | $ 215,000 | $ 206,000 |
| Prince William County Virginia | 2 | $ 660,000 | $ 330,000 | $ 199,000 |
| Calhoun County Alabama | 1 | $ 85,000 | $ 85,000 | $ 139,000 |
| Dale County Alabama | 1 | $ 95,000 | $ 95,000 | $ 89,000 |
| Jefferson County Alabama | 1 | $ 155,000 | $ 155,000 | $ 48,000 |
| Mobile County Alabama | 1 | $ 85,000 | $ 85,000 | $ 112,000 |
| Pinal County Arizona | 1 | $ 165,000 | $ 165,000 | $ 280,000 |
| Clay County Arkansas | 1 | $ 45,000 | $ 45,000 | $ 61,000 |
| Saline County Arkansas | 1 | $ 105,000 | $ 105,000 | $ 67,000 |
| Fresno County California | 1 | $ 135,000 | $ 135,000 | $ 121,000 |
| Kern County California | 1 | $ 155,000 | $ 155,000 | $ 101,000 |
| Placer County California | 1 | $ 175,000 | $ 175,000 | $ 89,000 |
| San Luis Obispo County California | 1 | $ 505,000 | $ 505,000 | $ 154,000 |
| Ventura County California | 1 | $ 105,000 | $ 105,000 | $ 195,000 |
| Yolo County California | 1 | $ 675,000 | $ 675,000 | $ 237,000 |
| Adams County Colorado | 1 | $ 155,000 | $ 155,000 | $ 140,000 |
| Denver County Colorado | 1 | $ 195,000 | $ 195,000 | $ 292,000 |
| Douglas County Colorado | 1 | $ 205,000 | $ 205,000 | $ 314,000 |
| Jefferson County Colorado | 1 | $ 125,000 | $ 125,000 | $ 265,000 |
| New Castle County Delaware | 1 | $ 605,000 | $ 605,000 | $ 210,000 |
| Escambia County Florida | 1 | $ 205,000 | $ 205,000 | $ 340,000 |
| Lee County Florida | 1 | $ 585,000 | $ 585,000 | $ 244,000 |
| Marion County Florida | 1 | $ 35,000 | $ 35,000 | $ 88,000 |
| Miami-Dade County Florida | 1 | $ 255,000 | $ 255,000 | $ 405,000 |
| Nassau County Florida | 1 | $ 165,000 | $ 165,000 | $ 62,000 |
| Pinellas County Florida | 1 | $ 305,000 | $ 305,000 | $ 69,000 |
| Sarasota County Florida | 1 | $ 105,000 | $ 105,000 | $ 49,000 |
| Seminole County Florida | 1 | $ 95,000 | $ 95,000 | $ 127,000 |
| Chatham County Georgia | 1 | $ 725,000 | $ 725,000 | $ 410,000 |
| Coweta County Georgia | 1 | $ 105,000 | $ 105,000 | $ 262,000 |
| Forsyth County Georgia | 1 | $ 205,000 | $ 205,000 | $ 720,000 |
| Fulton County Georgia | 1 | $ 75,000 | $ 75,000 | $ 308,000 |
| Henry County Georgia | 1 | $ 115,000 | $ 115,000 | $ 86,000 |
| Oconee County Georgia | 1 | $ 145,000 | $ 145,000 | $ 138,000 |
| Cook County Illinois | 1 | $ 35,000 | $ 35,000 | $ 321,000 |
| Crawford County Illinois | 1 | $ 325,000 | $ 325,000 | $ 99,000 |
| DuPage County Illinois | 1 | $ 205,000 | $ 205,000 | $ 386,000 |
| McHenry County Illinois | 1 | $ 65,000 | $ 65,000 | $ 174,000 |
| McLean County Illinois | 1 | $ 275,000 | $ 275,000 | $ 202,000 |
| Rock Island County Illinois | 1 | $ 45,000 | $ 45,000 | $ 113,000 |
| Tazewell County Illinois | 1 | $ 45,000 | $ 45,000 | $ 79,000 |
| Will County Illinois | 1 | $ 35,000 | $ 35,000 | $ 91,000 |
| Clark County Indiana | 1 | $ 145,000 | $ 145,000 | $ 125,000 |
| Marion County Indiana | 1 | $ 75,000 | $ 75,000 | $ 85,000 |
| Shelby County Indiana | 1 | $ 265,000 | $ 265,000 | $ 51,000 |
| Wabash County Indiana | 1 | $ 95,000 | $ 95,000 | $ 29,000 |
| Adair County Iowa | 1 | $ 115,000 | $ 115,000 | $ 76,000 |
| Cass County Iowa | 1 | $ 185,000 | $ 185,000 | $ 107,000 |
| Cerro Gordo County Iowa | 1 | $ 15,000 | $ 15,000 | $ 161,000 |
| Dallas County Iowa | 1 | $ 85,000 | $ 85,000 | $ 191,000 |
| Linn County Kansas | 1 | $ 55,000 | $ 55,000 | $ 42,000 |
| Clinton County Kentucky | 1 | $ 25,000 | $ 25,000 | $ 94,000 |
| Fayette County Kentucky | 1 | $ 55,000 | $ 55,000 | $ 91,000 |
| Jessamine County Kentucky | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Madison County Kentucky | 1 | $ 315,000 | $ 315,000 | $ 137,000 |
| Calcasieu County Louisiana | 1 | $ 105,000 | $ 105,000 | $ 236,000 |
| Jefferson County Louisiana | 1 | $ 165,000 | $ 165,000 | $ 78,000 |
| St. Mary County Louisiana | 1 | $ 115,000 | $ 115,000 | $ 100,000 |
| Baltimore County Maryland | 1 | $ 135,000 | $ 135,000 | $ 182,000 |
| Charles County Maryland | 1 | $ 565,000 | $ 565,000 | $ 156,000 |
| Frederick County Maryland | 1 | $ 45,000 | $ 45,000 | $ 123,000 |
| Prince George's County Maryland | 1 | $ 95,000 | $ 95,000 | $ 104,000 |
| Queen Anne's County Maryland | 1 | $ 455,000 | $ 455,000 | $ 263,000 |
| Bristol County Massachusetts | 1 | $ 155,000 | $ 155,000 | $ 386,000 |
| Worcester County Massachusetts | 1 | $ 45,000 | $ 45,000 | $ 101,000 |
| Lapeer County Michigan | 1 | $ 105,000 | $ 105,000 | $ 213,000 |
| Anoka County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 162,000 |
| Blue Earth County Minnesota | 1 | $ 285,000 | $ 285,000 | $ 144,000 |
| Lyon County Minnesota | 1 | $ 95,000 | $ 95,000 | $ 146,000 |
| Scott County Minnesota | 1 | $ 65,000 | $ 65,000 | $ 181,000 |
| Stearns County Minnesota | 1 | $ 85,000 | $ 85,000 | $ 63,000 |
| Harrison County Mississippi | 1 | $ 135,000 | $ 135,000 | $ 129,000 |
| Jackson County Mississippi | 1 | $ 355,000 | $ 355,000 | $ 225,000 |
| Leake County Mississippi | 1 | $ 205,000 | $ 205,000 | $ 81,000 |
| Atchison County Missouri | 1 | $ 15,000 | $ 15,000 | $ 19,000 |
| Audrain County Missouri | 1 | $ 75,000 | $ 75,000 | $ 132,000 |
| Jackson County Missouri | 1 | $ 255,000 | $ 255,000 | $ 86,000 |
| Jefferson County Missouri | 1 | $ 75,000 | $ 75,000 | $ 145,000 |
| Lafayette County Missouri | 1 | $ 215,000 | $ 215,000 | $ 75,000 |
| St. Louis County Missouri | 1 | $ 405,000 | $ 405,000 | $ 105,000 |
| Hill County Montana | 1 | $ 55,000 | $ 55,000 | $ 48,000 |
| Adams County Nebraska | 1 | $ 175,000 | $ 175,000 | $ 84,000 |
| Douglas County Nebraska | 1 | $ 275,000 | $ 275,000 | $ 56,000 |
| Kimball County Nebraska | 1 | $ 235,000 | $ 235,000 | $ 91,000 |
| Clark County Nevada | 1 | $ 325,000 | $ 325,000 | $ 90,000 |
| Gloucester County New Jersey | 1 | $ 205,000 | $ 205,000 | $ 67,000 |
| Monmouth County New Jersey | 1 | $ 175,000 | $ 175,000 | $ 259,000 |
| Ocean County New Jersey | 1 | $ 615,000 | $ 615,000 | $ 337,000 |
| Passaic County New Jersey | 1 | $ 205,000 | $ 205,000 | $ 284,000 |
| Dona Ana County New Mexico | 1 | $ 445,000 | $ 445,000 | $ 329,000 |
| Albany County New York | 1 | $ 335,000 | $ 335,000 | $ 124,000 |
| Bronx County New York | 1 | $ 205,000 | $ 205,000 | $ 145,000 |
| Erie County New York | 1 | $ 185,000 | $ 185,000 | $ 60,000 |
| Monroe County New York | 1 | $ 145,000 | $ 145,000 | $ 68,000 |
| Nassau County New York | 1 | $ 125,000 | $ 125,000 | $ 207,000 |
| Orange County New York | 1 | $ 335,000 | $ 335,000 | $ 127,000 |
| Otsego County New York | 1 | $ 135,000 | $ 135,000 | $ 112,000 |
| Suffolk County New York | 1 | $ 205,000 | $ 205,000 | $ 240,000 |
| Avery County North Carolina | 1 | $ 375,000 | $ 375,000 | $ 74,000 |
| Brunswick County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 177,000 |
| Currituck County North Carolina | 1 | $ 365,000 | $ 365,000 | $ 105,000 |
| Forsyth County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 52,000 |
| Gaston County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 60,000 |
| Iredell County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 148,000 |
| Rockingham County North Carolina | 1 | $ 145,000 | $ 145,000 | $ 24,000 |
| Surry County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 130,000 |
| Union County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 107,000 |
| Cass County North Dakota | 1 | $ 245,000 | $ 245,000 | $ 104,000 |
| Mercer County North Dakota | 1 | $ 145,000 | $ 145,000 | $ 75,000 |
| Carroll County Ohio | 1 | $ 75,000 | $ 75,000 | $ 48,000 |
| Clark County Ohio | 1 | $ 235,000 | $ 235,000 | $ 290,000 |
| Licking County Ohio | 1 | $ 35,000 | $ 35,000 | $ 129,000 |
| Marion County Ohio | 1 | $ 45,000 | $ 45,000 | $ 166,000 |
| Canadian County Oklahoma | 1 | $ 305,000 | $ 305,000 | $ 62,000 |
| Oklahoma County Oklahoma | 1 | $ 95,000 | $ 95,000 | $ 42,000 |
| Coos County Oregon | 1 | $ 175,000 | $ 175,000 | $ 108,000 |
| Multnomah County Oregon | 1 | $ 105,000 | $ 105,000 | $ 45,000 |
| Adams County Pennsylvania | 1 | $ 105,000 | $ 105,000 | $ 122,000 |
| Allegheny County Pennsylvania | 1 | $ 305,000 | $ 305,000 | $ 107,000 |
| Berks County Pennsylvania | 1 | $ 455,000 | $ 455,000 | $ 189,000 |
| Butler County Pennsylvania | 1 | $ 135,000 | $ 135,000 | $ 250,000 |
| Columbia County Pennsylvania | 1 | $ 155,000 | $ 155,000 | $ 138,000 |
| Delaware County Pennsylvania | 1 | $ 75,000 | $ 75,000 | $ 153,000 |
| Huntingdon County Pennsylvania | 1 | $ 95,000 | $ 95,000 | $ 124,000 |
| Montour County Pennsylvania | 1 | $ 125,000 | $ 125,000 | $ 96,000 |
| Westmoreland County Pennsylvania | 1 | $ 45,000 | $ 45,000 | $ 13,000 |
| York County Pennsylvania | 1 | $ 55,000 | $ 55,000 | $ 35,000 |
| Newport County Rhode Island | 1 | $ 805,000 | $ 805,000 | $ 232,000 |
| Charleston County South Carolina | 1 | $ 655,000 | $ 655,000 | $ 270,000 |
| Chester County South Carolina | 1 | $ 15,000 | $ 15,000 | $ 45,000 |
| Greenville County South Carolina | 1 | $ 195,000 | $ 195,000 | $ 92,000 |
| York County South Carolina | 1 | $ 255,000 | $ 255,000 | $ 113,000 |
| Minnehaha County South Dakota | 1 | $ 105,000 | $ 105,000 | $ 74,000 |
| Union County South Dakota | 1 | $ 275,000 | $ 275,000 | $ 66,000 |
| Knox County Tennessee | 1 | $ 35,000 | $ 35,000 | $ 36,000 |
| Sevier County Tennessee | 1 | $ 85,000 | $ 85,000 | $ 112,000 |
| Shelby County Tennessee | 1 | $ 35,000 | $ 35,000 | $ 36,000 |
| Washington County Tennessee | 1 | $ 95,000 | $ 95,000 | $ 137,000 |
| Williamson County Tennessee | 1 | $ 115,000 | $ 115,000 | $ 119,000 |
| Collin County Texas | 1 | $ 25,000 | $ 25,000 | $ 75,000 |
| Dallas County Texas | 1 | $ 55,000 | $ 55,000 | $ 53,000 |
| Harris County Texas | 1 | $ 155,000 | $ 155,000 | $ 167,000 |
| Hidalgo County Texas | 1 | $ 75,000 | $ 75,000 | $ 78,000 |
| Jackson County Texas | 1 | $ 65,000 | $ 65,000 | $ 260,000 |
| Jeff Davis County Texas | 1 | $ 195,000 | $ 195,000 | $ 107,000 |
| Travis County Texas | 1 | $ 115,000 | $ 115,000 | $ 204,000 |
| Salt Lake County Utah | 1 | $ 175,000 | $ 175,000 | $ 184,000 |
| Albemarle County Virginia | 1 | $ 105,000 | $ 105,000 | $ 85,000 |
| Hanover County Virginia | 1 | $ 45,000 | $ 45,000 | $ 111,000 |
| James City County Virginia | 1 | $ 25,000 | $ 25,000 | $ 88,000 |
| Manassas County Virginia | 1 | $ 45,000 | $ 45,000 | $ 70,000 |
| Stafford County Virginia | 1 | $ 45,000 | $ 45,000 | $ 92,000 |
| Warren County Virginia | 1 | $ 55,000 | $ 55,000 | $ 199,000 |
| Pend Oreille County Washington | 1 | $ 185,000 | $ 185,000 | $ 185,000 |
| Spokane County Washington | 1 | $ 105,000 | $ 105,000 | $ 107,000 |
| Stevens County Washington | 1 | $ 305,000 | $ 305,000 | $ 113,000 |
| Milwaukee County Wisconsin | 1 | $ 55,000 | $ 55,000 | $ 115,000 |
| Waukesha County Wisconsin | 1 | $ 55,000 | $ 55,000 | $ 125,000 |
Mortgage Loan Application Detail Totals for Signature Federal Credit Union in 2022
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 | 89 | $9,685,000 | $108,000 | $255,000 | $184,000 | $720,000 |
| Home Purchase | 88 | $23,540,000 | $267,000 | $1,005,000 | $125,000 | $649,000 |
| Refinancing | 63 | $12,335,000 | $195,000 | $605,000 | $145,000 | $453,000 |
| Cash-out Refinancing | 7 | $2,665,000 | $380,000 | $675,000 | $189,000 | $280,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 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 | 178 | $32,180,000 | $180,000 | $805,000 | $148,000 | $720,000 |
| Not Provided | 29 | $7,635,000 | $263,000 | $625,000 | $162,000 | $468,000 |
| Black or African American | 21 | $4,025,000 | $191,000 | $1,005,000 | $135,000 | $380,000 |
| Hispanic | 16 | $2,810,000 | $175,000 | $525,000 | $191,000 | $649,000 |
| Asian | 2 | $1,370,000 | $685,000 | $725,000 | $322,000 | $410,000 |
| Not applicable | 1 | $205,000 | $205,000 | $205,000 | $386,000 | $386,000 |
| 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) | 247 | $48,225,000 | $195,000 | $1,005,000 | $153,000 | $720,000 |
| 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 | 186 | $31,070,000 | $167,000 | $675,000 | $166,000 | $720,000 |
| Application Approved But Not Accepted | 26 | $8,530,000 | $328,000 | $1,005,000 | $115,000 | $263,000 |
| Application Denied By Financial Institution | 22 | $4,860,000 | $220,000 | $565,000 | $85,000 | $329,000 |
| Application Withdrawn By Applicant | 9 | $2,255,000 | $250,000 | $725,000 | $177,000 | $410,000 |
| Preapproval Approved but not Accepted | 4 | $1,510,000 | $377,000 | $805,000 | $160,000 | $232,000 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 | 225 | $43,365,000 | $192,000 | $1,005,000 | $160,000 | $720,000 |
| Credit Application Incomplete | 14 | $2,800,000 | $200,000 | $545,000 | $59,000 | $90,000 |
| Credit History | 6 | $1,360,000 | $226,000 | $445,000 | $129,000 | $329,000 |
| Debt-To-Income Ratio | 1 | $135,000 | $135,000 | $135,000 | $112,000 | $112,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $565,000 | $565,000 | $565,000 | $156,000 | $156,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Signature Federal Credit Union's 2022 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 Signature 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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