Pennsylvania State Employees Credit Union Mortgage Lending & HMDA Data, 2006

In 2006, Pennsylvania State Employees Credit Union of Harrisburg, PA reported 3,900 mortgage applications totaling $212.8 million, down 21% from 2005. The average application was for $54,567, and applicants reported an average income of $77,746. 75% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Harrisburg-Carlisle, PA (1,054), Philadelphia, PA (429) and Pittsburgh, PA (264) (applications in parentheses).

Mortgage Company & Address Pennsylvania State Employees Credit Union
Po Box 67013
Harrisburg, PA 17110
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 3,900
Total Mortgage Loan Application Amount $212,812,000
Average Mortgage Loan Application Amount $54,567
Highest Mortgage Loan Application Amount $630,000
Average Applicant Income $77,746
Highest Applicant Income $899,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Pennsylvania State Employees Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Pennsylvania State Employees Credit Union by County in 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Dauphin, Pennsylvania 673 $ 33,341,000 $ 49,540 $ 77,000
Cumberland, Pennsylvania 314 $ 17,155,000 $ 54,633 $ 83,000
York, Pennsylvania 182 $ 11,012,000 $ 60,505 $ 86,000
Lancaster, Pennsylvania 154 $ 7,915,000 $ 51,396 $ 79,000
Montgomery, Pennsylvania 123 $ 9,573,000 $ 77,829 $ 108,000
Allegheny, Pennsylvania 108 $ 4,622,000 $ 42,796 $ 75,000
Philadelphia, Pennsylvania 101 $ 4,582,000 $ 45,366 $ 73,000
Luzerne, Pennsylvania 97 $ 5,383,000 $ 55,494 $ 69,000
Lebanon, Pennsylvania 96 $ 6,243,000 $ 65,031 $ 77,000
Berks, Pennsylvania 93 $ 4,772,000 $ 51,311 $ 80,000
Centre, Pennsylvania 89 $ 3,930,000 $ 44,157 $ 75,000
Indiana, Pennsylvania 86 $ 4,349,000 $ 50,569 $ 75,000
Lycoming, Pennsylvania 83 $ 3,784,000 $ 45,590 $ 75,000
Schuylkill, Pennsylvania 80 $ 3,162,000 $ 39,525 $ 63,000
Bucks, Pennsylvania 73 $ 4,882,000 $ 66,876 $ 100,000
Chester, Pennsylvania 71 $ 4,985,000 $ 70,211 $ 100,000
Northumberland, Pennsylvania 69 $ 3,170,000 $ 45,942 $ 64,000
Perry, Pennsylvania 67 $ 3,718,000 $ 55,492 $ 89,000
Lackawanna, Pennsylvania 64 $ 3,070,000 $ 47,968 $ 77,000
Delaware, Pennsylvania 61 $ 4,583,000 $ 75,131 $ 78,000
Westmoreland, Pennsylvania 61 $ 2,544,000 $ 41,704 $ 72,000
Cambria, Pennsylvania 49 $ 1,737,000 $ 35,448 $ 61,000
Lehigh, Pennsylvania 47 $ 2,777,000 $ 59,085 $ 89,000
Erie, Pennsylvania 40 $ 1,428,000 $ 35,700 $ 60,000
Monroe, Pennsylvania 40 $ 2,913,000 $ 72,825 $ 89,000
Northampton, Pennsylvania 40 $ 2,529,000 $ 63,225 $ 77,000
Clearfield, Pennsylvania 37 $ 1,614,000 $ 43,621 $ 64,000
Columbia, Pennsylvania 37 $ 1,765,000 $ 47,702 $ 63,000
Adams, Pennsylvania 35 $ 2,358,000 $ 67,371 $ 75,000
Clinton, Pennsylvania 34 $ 1,399,000 $ 41,147 $ 73,000
Huntingdon, Pennsylvania 34 $ 1,765,000 $ 51,911 $ 62,000
Blair, Pennsylvania 33 $ 1,629,000 $ 49,363 $ 68,000
Snyder, Pennsylvania 33 $ 1,773,000 $ 53,727 $ 60,000
Bedford, Pennsylvania 32 $ 1,627,000 $ 50,843 $ 76,000
Franklin, Pennsylvania 31 $ 1,615,000 $ 52,096 $ 74,000
Juniata, Pennsylvania 25 $ 1,333,000 $ 53,320 $ 58,000
Washington, Pennsylvania 25 $ 904,000 $ 36,160 $ 61,000
Union, Pennsylvania 24 $ 1,533,000 $ 63,875 $ 73,000
Somerset, Pennsylvania 23 $ 834,000 $ 36,260 $ 63,000
Venango, Pennsylvania 23 $ 994,000 $ 43,217 $ 70,000
Butler, Pennsylvania 21 $ 1,011,000 $ 48,142 $ 82,000
Crawford, Pennsylvania 20 $ 699,000 $ 34,950 $ 72,000
Fayette, Pennsylvania 18 $ 740,000 $ 41,111 $ 75,000
Pike, Pennsylvania 18 $ 892,000 $ 49,555 $ 68,000
Tioga, Pennsylvania 18 $ 1,027,000 $ 57,055 $ 64,000
Beaver, Pennsylvania 16 $ 758,000 $ 47,375 $ 80,000
Armstrong, Pennsylvania 15 $ 776,000 $ 51,733 $ 71,000
Carbon, Pennsylvania 15 $ 529,000 $ 35,266 $ 71,000
Mercer, Pennsylvania 15 $ 599,000 $ 39,933 $ 60,000
Mifflin, Pennsylvania 15 $ 872,000 $ 58,133 $ 66,000
Jefferson, Pennsylvania 14 $ 822,000 $ 58,714 $ 57,000
Wayne, Pennsylvania 14 $ 1,104,000 $ 78,857 $ 62,000
Bradford, Pennsylvania 11 $ 560,000 $ 50,909 $ 59,000
Camden, New Jersey 10 $ 510,000 $ 51,000 $ 85,000
Montour, Pennsylvania 10 $ 468,000 $ 46,800 $ 72,000
Lawrence, Pennsylvania 9 $ 333,000 $ 37,000 $ 75,000
Potter, Pennsylvania 8 $ 184,000 $ 23,000 $ 66,000
Wyoming, Pennsylvania 8 $ 227,000 $ 28,375 $ 84,000
Susquehanna, Pennsylvania 7 $ 218,000 $ 31,142 $ 65,000
Warren, Pennsylvania 7 $ 155,000 $ 22,142 $ 56,000
New Castle, Delaware 6 $ 434,000 $ 72,333 $ 102,000
Burlington, New Jersey 6 $ 395,000 $ 65,833 $ 132,000
Fairfax, Virginia 6 $ 822,000 $ 137,000 $ 138,000
Sussex, Delaware 5 $ 355,000 $ 71,000 $ 120,000
Montgomery, Maryland 5 $ 120,000 $ 24,000 $ 139,000
Fulton, Pennsylvania 5 $ 638,000 $ 127,600 $ 86,000
Worcester, Maryland 4 $ 256,000 $ 64,000 $ 101,000
Gloucester, New Jersey 4 $ 184,000 $ 46,000 $ 70,000
Greene, Pennsylvania 4 $ 125,000 $ 31,250 $ 62,000
Kent, Delaware 3 $ 225,000 $ 75,000 $ 75,000
Broward, Florida 3 $ 273,000 $ 91,000 $ 58,000
Palm Beach, Florida 3 $ 129,000 $ 43,000 $ 104,000
Anne Arundel, Maryland 3 $ 116,000 $ 38,666 $ 85,000
Frederick, Maryland 3 $ 276,000 $ 92,000 $ 127,000
Erie, New York 3 $ 271,000 $ 90,333 $ 88,000
Johnston, North Carolina 3 $ 116,000 $ 38,666 $ 64,000
Mecklenburg, North Carolina 3 $ 188,000 $ 62,666 $ 203,000
Cameron, Pennsylvania 3 $ 262,000 $ 87,333 $ 56,000
Clarion, Pennsylvania 3 $ 304,000 $ 101,333 $ 69,000
Elk, Pennsylvania 3 $ 196,000 $ 65,333 $ 86,000
Alexandria, Virginia 3 $ 326,000 $ 108,666 $ 79,000
Prince William, Virginia 3 $ 45,000 $ 15,000 $ 77,000
Hartford, Connecticut 2 $ 214,000 $ 107,000 $ 97,000
Collier, Florida 2 $ 369,000 $ 184,500 $ 59,000
Hillsborough, Florida 2 $ 229,000 $ 114,500 $ 69,000
Orange, Florida 2 $ 28,000 $ 14,000 $ 148,000
Sarasota, Florida 2 $ 66,000 $ 33,000 $ 89,000
St. Lucie, Florida 2 $ 172,000 $ 86,000 $ 61,000
Calvert, Maryland 2 $ 80,000 $ 40,000 $ 98,000
Cecil, Maryland 2 $ 130,000 $ 65,000 $ 97,000
Harford, Maryland 2 $ 253,000 $ 126,500 $ 90,000
Howard, Maryland 2 $ 712,000 $ 356,000 $ 157,000
Atlantic, New Jersey 2 $ 365,000 $ 182,500 $ 128,000
Mercer, New Jersey 2 $ 203,000 $ 101,500 $ 97,000
Union, New Jersey 2 $ 195,000 $ 97,500 $ 80,000
Warren, New Jersey 2 $ 257,000 $ 128,500 $ 87,000
Chautauqua, New York 2 $ 40,000 $ 20,000 $ 73,000
Union, North Carolina 2 $ 152,000 $ 76,000 $ 113,000
Wake, North Carolina 2 $ 210,000 $ 105,000 $ 114,000
Lake, Ohio 2 $ 225,000 $ 112,500 $ 104,000
Forest, Pennsylvania 2 $ 98,000 $ 49,000 $ 67,000
McKean, Pennsylvania 2 $ 146,000 $ 73,000 $ 48,000
Sullivan, Pennsylvania 2 $ 26,000 $ 13,000 $ 49,000
Stafford, Virginia 2 $ 71,000 $ 35,500 $ 110,000
Maricopa, Arizona 1 $ 30,000 $ 30,000 $ 40,000
Litchfield, Connecticut 1 $ 28,000 $ 28,000 $ 93,000
District of Columbia, District Of Columbia 1 $ 23,000 $ 23,000 $ 80,000
Brevard, Florida 1 $ 8,000 $ 8,000 $ 52,000
Charlotte, Florida 1 $ 177,000 $ 177,000 $ 61,000
Marion, Florida 1 $ 145,000 $ 145,000 $ 62,000
Miami-Dade, Florida 1 $ 210,000 $ 210,000 $ 137,000
Nassau, Florida 1 $ 12,000 $ 12,000 $ 65,000
Pinellas, Florida 1 $ 171,000 $ 171,000 $ 90,000
Seminole, Florida 1 $ 20,000 $ 20,000 $ 70,000
Volusia, Florida 1 $ 137,000 $ 137,000 $ 107,000
Cherokee, Georgia 1 $ 35,000 $ 35,000 $ 98,000
DeKalb, Georgia 1 $ 35,000 $ 35,000 $ 57,000
Fayette, Georgia 1 $ 9,000 $ 9,000 $ 70,000
Fulton, Georgia 1 $ 15,000 $ 15,000 $ 110,000
Putnam, Georgia 1 $ 95,000 $ 95,000 $ 37,000
Tift, Georgia 1 $ 78,000 $ 78,000 $ 37,000
Allegany, Maryland 1 $ 20,000 $ 20,000 $ 60,000
Baltimore, Maryland 1 $ 40,000 $ 40,000 $ 63,000
Charles, Maryland 1 $ 34,000 $ 34,000 $ 229,000
Dorchester, Maryland 1 $ 20,000 $ 20,000 $ 41,000
St. Mary's, Maryland 1 $ 40,000 $ 40,000 $ 215,000
Washington, Maryland 1 $ 17,000 $ 17,000 $ 68,000
St. Louis, Missouri 1 $ 5,000 $ 5,000 $ 48,000
Cape May, New Jersey 1 $ 220,000 $ 220,000 $ 74,000
Essex, New Jersey 1 $ 172,000 $ 172,000 $ 65,000
Hunterdon, New Jersey 1 $ 187,000 $ 187,000 $ 58,000
Middlesex, New Jersey 1 $ 50,000 $ 50,000 $ 76,000
Ocean, New Jersey 1 $ 30,000 $ 30,000 $ 34,000
Salem, New Jersey 1 $ 123,000 $ 123,000 $ 63,000
Sussex, New Jersey 1 $ 10,000 $ 10,000 $ 125,000
Albany, New York 1 $ 10,000 $ 10,000 $ 83,000
Broome, New York 1 $ 72,000 $ 72,000 $ 108,000
Chemung, New York 1 $ 60,000 $ 60,000 $ 128,000
Delaware, New York 1 $ 72,000 $ 72,000 $ 21,000
Greene, New York 1 $ 35,000 $ 35,000 $ 117,000
Kings, New York 1 $ 15,000 $ 15,000 $ 29,000
Nassau, New York 1 $ 30,000 $ 30,000 $ 137,000
New York, New York 1 $ 20,000 $ 20,000 $ 162,000
Orange, New York 1 $ 31,000 $ 31,000 $ 39,000
Anson, North Carolina 1 $ 18,000 $ 18,000 $ 61,000
Burke, North Carolina 1 $ 41,000 $ 41,000 $ 64,000
Cabarrus, North Carolina 1 $ 18,000 $ 18,000 $ 95,000
Carteret, North Carolina 1 $ 140,000 $ 140,000 $ 104,000
Craven, North Carolina 1 $ 152,000 $ 152,000 $ 78,000
Cumberland, North Carolina 1 $ 35,000 $ 35,000 $ 83,000
Davidson, North Carolina 1 $ 26,000 $ 26,000 $ 170,000
Halifax, North Carolina 1 $ 10,000 $ 10,000 $ 18,000
Pasquotank, North Carolina 1 $ 172,000 $ 172,000 $ 41,000
Surry, North Carolina 1 $ 47,000 $ 47,000 $ 25,000
Warren, North Carolina 1 $ 38,000 $ 38,000 $ 75,000
Butler, Ohio 1 $ 10,000 $ 10,000 $ 128,000
Franklin, Ohio 1 $ 18,000 $ 18,000 $ 116,000
Hamilton, Ohio 1 $ 53,000 $ 53,000 $ 104,000
Licking, Ohio 1 $ 6,000 $ 6,000 $ 70,000
Lorain, Ohio 1 $ 155,000 $ 155,000 $ 159,000
Montgomery, Ohio 1 $ 10,000 $ 10,000 $ 46,000
Portage, Ohio 1 $ 10,000 $ 10,000 $ 68,000
Charleston, South Carolina 1 $ 5,000 $ 5,000 $ 47,000
Clarendon, South Carolina 1 $ 25,000 $ 25,000 $ 48,000
Horry, South Carolina 1 $ 105,000 $ 105,000 $ 49,000
Kershaw, South Carolina 1 $ 6,000 $ 6,000 $ 44,000
Campbell, Virginia 1 $ 80,000 $ 80,000 $ 72,000
Frederick, Virginia 1 $ 25,000 $ 25,000 $ 72,000
Hanover, Virginia 1 $ 20,000 $ 20,000 $ 94,000
Loudoun, Virginia 1 $ 80,000 $ 80,000 $ 140,000
Roanoke City, Virginia 1 $ 122,000 $ 122,000 $ 46,000
Suffolk, Virginia 1 $ 64,000 $ 64,000 $ 110,000
Berkeley, West Virginia 1 $ 232,000 $ 232,000 $ 31,000
Jefferson, West Virginia 1 $ 127,000 $ 127,000 $ 45,000
Preston, West Virginia 1 $ 115,000 $ 115,000 $ 46,000

Mortgage Loan Application Detail Totals for Pennsylvania State Employees Credit Union in 2006

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 1,800 $45,705,000 $25,000 $400,000 $80,000 $899,000
Refinancing 1,641 $107,718,000 $65,000 $630,000 $78,000 $700,000
Home Purchase 459 $59,389,000 $129,000 $417,000 $68,000 $771,000

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 2,281 $140,516,000 $61,000 $474,000 $77,000 $899,000
Not Provided 1,406 $55,327,000 $39,000 $450,000 $80,000 $700,000
Black or African American 114 $8,542,000 $74,000 $330,000 $71,000 $374,000
Hispanic 47 $3,408,000 $72,000 $446,000 $69,000 $138,000
Asian 35 $4,105,000 $117,000 $630,000 $85,000 $317,000
American Indian or Alaskan Native 16 $742,000 $46,000 $234,000 $72,000 $138,000
Native Hawaiian or Other Pacific Islander 1 $172,000 $172,000 $172,000 $70,000 $70,000
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) 3,900 $212,812,000 $54,000 $630,000 $78,000 $899,000
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 2,913 $147,525,000 $50,000 $417,000 $79,000 $899,000
Application Denied By Financial Institution 392 $23,572,000 $60,000 $446,000 $63,000 $700,000
Application Approved But Not Accepted 229 $9,185,000 $40,000 $300,000 $81,000 $771,000
Application Withdrawn By Applicant 218 $18,646,000 $85,000 $630,000 $83,000 $325,000
File Closed For Incompleteness 103 $7,661,000 $74,000 $450,000 $98,000 $345,000
Preapproval Denied by Financial Institution 44 $6,063,000 $137,000 $302,000 $56,000 $155,000
Preapproval Approved but not Accepted 1 $160,000 $160,000 $160,000 $68,000 $68,000
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
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 Pennsylvania State Employees Credit Union's 2006 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 Pennsylvania State Employees 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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