Pennsylvania State Employees Credit Union Mortgage Lending & HMDA Data, 2007

In 2007, Pennsylvania State Employees Credit Union of Harrisburg, PA reported 3,728 mortgage applications totaling $219.1 million, down 4% from 2006. The average application was for $58,776, and applicants reported an average income of $78,207. 70% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Harrisburg-Carlisle, PA (1,063), Philadelphia, PA (330) and Pittsburgh, PA (259) (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 3,728
Total Mortgage Loan Application Amount $219,117,000
Average Mortgage Loan Application Amount $58,776
Highest Mortgage Loan Application Amount $603,000
Average Applicant Income $78,207
Highest Applicant Income $440,000

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State Employees Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2007

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Dauphin, Pennsylvania 683 $ 37,652,000 $ 55,127 $ 76,000
Cumberland, Pennsylvania 305 $ 19,455,000 $ 63,786 $ 88,000
York, Pennsylvania 179 $ 10,064,000 $ 56,223 $ 86,000
Lancaster, Pennsylvania 143 $ 7,954,000 $ 55,622 $ 83,000
Allegheny, Pennsylvania 123 $ 4,861,000 $ 39,520 $ 75,000
Luzerne, Pennsylvania 102 $ 5,260,000 $ 51,568 $ 71,000
Northumberland, Pennsylvania 89 $ 4,490,000 $ 50,449 $ 69,000
Philadelphia, Pennsylvania 87 $ 6,389,000 $ 73,436 $ 68,000
Schuylkill, Pennsylvania 87 $ 4,763,000 $ 54,747 $ 67,000
Lebanon, Pennsylvania 82 $ 5,234,000 $ 63,829 $ 78,000
Perry, Pennsylvania 75 $ 4,200,000 $ 56,000 $ 72,000
Berks, Pennsylvania 74 $ 4,555,000 $ 61,554 $ 80,000
Lycoming, Pennsylvania 73 $ 2,978,000 $ 40,794 $ 72,000
Centre, Pennsylvania 70 $ 3,835,000 $ 54,785 $ 78,000
Indiana, Pennsylvania 70 $ 2,740,000 $ 39,142 $ 75,000
Delaware, Pennsylvania 69 $ 5,105,000 $ 73,985 $ 97,000
Montgomery, Pennsylvania 66 $ 4,574,000 $ 69,303 $ 87,000
Lackawanna, Pennsylvania 62 $ 3,361,000 $ 54,209 $ 67,000
Chester, Pennsylvania 55 $ 4,552,000 $ 82,763 $ 115,000
Bucks, Pennsylvania 53 $ 3,709,000 $ 69,981 $ 91,000
Cambria, Pennsylvania 52 $ 3,065,000 $ 58,942 $ 65,000
Clearfield, Pennsylvania 43 $ 1,850,000 $ 43,023 $ 62,000
Westmoreland, Pennsylvania 42 $ 2,675,000 $ 63,690 $ 82,000
Lehigh, Pennsylvania 41 $ 2,703,000 $ 65,926 $ 89,000
Northampton, Pennsylvania 39 $ 2,647,000 $ 67,871 $ 83,000
Adams, Pennsylvania 38 $ 3,855,000 $ 101,447 $ 83,000
Huntingdon, Pennsylvania 37 $ 2,439,000 $ 65,918 $ 76,000
Clinton, Pennsylvania 34 $ 1,413,000 $ 41,558 $ 75,000
Blair, Pennsylvania 33 $ 1,722,000 $ 52,181 $ 64,000
Erie, Pennsylvania 30 $ 957,000 $ 31,900 $ 73,000
Monroe, Pennsylvania 30 $ 2,163,000 $ 72,100 $ 79,000
Snyder, Pennsylvania 29 $ 1,972,000 $ 68,000 $ 75,000
Franklin, Pennsylvania 27 $ 1,528,000 $ 56,592 $ 70,000
Union, Pennsylvania 26 $ 1,209,000 $ 46,500 $ 86,000
Columbia, Pennsylvania 25 $ 1,523,000 $ 60,920 $ 62,000
Washington, Pennsylvania 25 $ 1,021,000 $ 40,840 $ 81,000
Mifflin, Pennsylvania 24 $ 1,050,000 $ 43,750 $ 67,000
Mercer, Pennsylvania 23 $ 1,045,000 $ 45,434 $ 71,000
Fayette, Pennsylvania 22 $ 932,000 $ 42,363 $ 67,000
Somerset, Pennsylvania 22 $ 784,000 $ 35,636 $ 68,000
Butler, Pennsylvania 20 $ 1,003,000 $ 50,150 $ 81,000
Crawford, Pennsylvania 20 $ 1,006,000 $ 50,300 $ 58,000
Carbon, Pennsylvania 19 $ 1,148,000 $ 60,421 $ 67,000
Bedford, Pennsylvania 18 $ 1,054,000 $ 58,555 $ 78,000
Juniata, Pennsylvania 17 $ 627,000 $ 36,882 $ 63,000
Venango, Pennsylvania 17 $ 923,000 $ 54,294 $ 83,000
Armstrong, Pennsylvania 16 $ 571,000 $ 35,687 $ 63,000
Lawrence, Pennsylvania 15 $ 703,000 $ 46,866 $ 56,000
Bradford, Pennsylvania 13 $ 851,000 $ 65,461 $ 75,000
Potter, Pennsylvania 13 $ 449,000 $ 34,538 $ 70,000
Tioga, Pennsylvania 13 $ 988,000 $ 76,000 $ 61,000
New Castle, Delaware 12 $ 1,089,000 $ 90,750 $ 99,000
Beaver, Pennsylvania 11 $ 770,000 $ 70,000 $ 89,000
Warren, Pennsylvania 11 $ 500,000 $ 45,454 $ 69,000
Camden, New Jersey 10 $ 698,000 $ 69,800 $ 74,000
Jefferson, Pennsylvania 10 $ 655,000 $ 65,500 $ 80,000
Wayne, Pennsylvania 10 $ 1,021,000 $ 102,100 $ 77,000
Susquehanna, Pennsylvania 9 $ 378,000 $ 42,000 $ 51,000
Gloucester, New Jersey 8 $ 222,000 $ 27,750 $ 107,000
Anne Arundel, Maryland 7 $ 537,000 $ 76,714 $ 96,000
Cameron, Pennsylvania 7 $ 327,000 $ 46,714 $ 51,000
Clarion, Pennsylvania 7 $ 223,000 $ 31,857 $ 68,000
McKean, Pennsylvania 7 $ 139,000 $ 19,857 $ 52,000
Montour, Pennsylvania 7 $ 441,000 $ 63,000 $ 80,000
Carroll, Maryland 5 $ 689,000 $ 137,800 $ 124,000
Elk, Pennsylvania 5 $ 166,000 $ 33,200 $ 74,000
Pike, Pennsylvania 5 $ 379,000 $ 75,800 $ 80,000
Sullivan, Pennsylvania 5 $ 269,000 $ 53,800 $ 55,000
Hillsborough, Florida 4 $ 125,000 $ 31,250 $ 165,000
Baltimore City, Maryland 4 $ 108,000 $ 27,000 $ 109,000
Cecil, Maryland 4 $ 718,000 $ 179,500 $ 140,000
Prince George's, Maryland 4 $ 304,000 $ 76,000 $ 87,000
Wake, North Carolina 4 $ 151,000 $ 37,750 $ 113,000
Fulton, Pennsylvania 4 $ 199,000 $ 49,750 $ 47,000
Greene, Pennsylvania 4 $ 102,000 $ 25,500 $ 120,000
Broward, Florida 3 $ 113,000 $ 37,666 $ 74,000
Polk, Florida 3 $ 476,000 $ 158,666 $ 88,000
St. Lucie, Florida 3 $ 279,000 $ 93,000 $ 88,000
Cobb, Georgia 3 $ 273,000 $ 91,000 $ 128,000
Allegany, Maryland 3 $ 98,000 $ 32,666 $ 64,000
Montgomery, Maryland 3 $ 78,000 $ 26,000 $ 105,000
Washington, Maryland 3 $ 174,000 $ 58,000 $ 131,000
Burlington, New Jersey 3 $ 195,000 $ 65,000 $ 110,000
Hunterdon, New Jersey 3 $ 277,000 $ 92,333 $ 97,000
Mercer, New Jersey 3 $ 122,000 $ 40,666 $ 130,000
Erie, New York 3 $ 113,000 $ 37,666 $ 74,000
Wyoming, Pennsylvania 3 $ 70,000 $ 23,333 $ 63,000
Horry, South Carolina 3 $ 141,000 $ 47,000 $ 83,000
Hartford, Connecticut 2 $ 247,000 $ 123,500 $ 81,000
Sussex, Delaware 2 $ 135,000 $ 67,500 $ 99,000
Lee, Florida 2 $ 52,000 $ 26,000 $ 62,000
Orange, Florida 2 $ 55,000 $ 27,500 $ 156,000
Pasco, Florida 2 $ 100,000 $ 50,000 $ 209,000
Sarasota, Florida 2 $ 322,000 $ 161,000 $ 77,000
Sumter, Florida 2 $ 205,000 $ 102,500 $ 90,000
St. Mary's, Maryland 2 $ 130,000 $ 65,000 $ 110,000
Atlantic, New Jersey 2 $ 517,000 $ 258,500 $ 239,000
Cape May, New Jersey 2 $ 31,000 $ 15,500 $ 82,000
Ocean, New Jersey 2 $ 100,000 $ 50,000 $ 139,000
Schenectady, New York 2 $ 262,000 $ 131,000 $ 117,000
Cabarrus, North Carolina 2 $ 350,000 $ 175,000 $ 111,000
Cumberland, North Carolina 2 $ 101,000 $ 50,500 $ 111,000
Montgomery, Ohio 2 $ 72,000 $ 36,000 $ 174,000
Forest, Pennsylvania 2 $ 97,000 $ 48,500 $ 37,000
Fauquier, Virginia 2 $ 315,000 $ 157,500 $ 88,000
Loudoun, Virginia 2 $ 349,000 $ 174,500 $ 109,000
Fairfield, Connecticut 1 $ 50,000 $ 50,000 $ 84,000
Litchfield, Connecticut 1 $ 45,000 $ 45,000 $ 73,000
Alachua, Florida 1 $ 184,000 $ 184,000 $ 80,000
Bay, Florida 1 $ 36,000 $ 36,000 $ 36,000
Brevard, Florida 1 $ 417,000 $ 417,000 $ 222,000
Duval, Florida 1 $ 181,000 $ 181,000 $ 133,000
Indian River, Florida 1 $ 260,000 $ 260,000 $ 132,000
Marion, Florida 1 $ 90,000 $ 90,000 $ 35,000
Martin, Florida 1 $ 292,000 $ 292,000 $ 165,000
Miami-Dade, Florida 1 $ 45,000 $ 45,000 $ 158,000
Pinellas, Florida 1 $ 35,000 $ 35,000 $ 42,000
Volusia, Florida 1 $ 115,000 $ 115,000 $ 126,000
Henry, Georgia 1 $ 8,000 $ 8,000 $ 89,000
Baltimore, Maryland 1 $ 30,000 $ 30,000 $ 199,000
Harford, Maryland 1 $ 28,000 $ 28,000 $ 123,000
Howard, Maryland 1 $ 15,000 $ 15,000 $ 95,000
Kent, Maryland 1 $ 130,000 $ 130,000 $ 42,000
Worcester, Maryland 1 $ 80,000 $ 80,000 $ 57,000
Bergen, New Jersey 1 $ 75,000 $ 75,000 $ 136,000
Essex, New Jersey 1 $ 30,000 $ 30,000 $ 65,000
Salem, New Jersey 1 $ 25,000 $ 25,000 $ 144,000
Union, New Jersey 1 $ 25,000 $ 25,000 $ 88,000
Chautauqua, New York 1 $ 20,000 $ 20,000 $ 41,000
Chenango, New York 1 $ 20,000 $ 20,000 $ 114,000
Greene, New York 1 $ 60,000 $ 60,000 $ 132,000
Madison, New York 1 $ 84,000 $ 84,000 $ 34,000
Onondaga, New York 1 $ 15,000 $ 15,000 $ 52,000
Steuben, New York 1 $ 10,000 $ 10,000 $ 148,000
Catawba, North Carolina 1 $ 102,000 $ 102,000 $ 123,000
Craven, North Carolina 1 $ 14,000 $ 14,000 $ 65,000
Forsyth, North Carolina 1 $ 15,000 $ 15,000 $ 74,000
Gaston, North Carolina 1 $ 10,000 $ 10,000 $ 160,000
Hertford, North Carolina 1 $ 16,000 $ 16,000 $ 40,000
Jones, North Carolina 1 $ 20,000 $ 20,000 $ 52,000
Onslow, North Carolina 1 $ 20,000 $ 20,000 $ 55,000
Cuyahoga, Ohio 1 $ 30,000 $ 30,000 $ 52,000
Harrison, Ohio 1 $ 51,000 $ 51,000 $ 52,000
Lake, Ohio 1 $ 42,000 $ 42,000 $ 42,000
Trumbull, Ohio 1 $ 16,000 $ 16,000 $ 92,000
Dorchester, South Carolina 1 $ 34,000 $ 34,000 $ 64,000
Georgetown, South Carolina 1 $ 50,000 $ 50,000 $ 107,000
Greenville, South Carolina 1 $ 35,000 $ 35,000 $ 33,000
Spartanburg, South Carolina 1 $ 20,000 $ 20,000 $ 67,000
Accomack, Virginia 1 $ 90,000 $ 90,000 $ 92,000
Albemarle, Virginia 1 $ 225,000 $ 225,000 $ 95,000
Alexandria, Virginia 1 $ 77,000 $ 77,000 $ 85,000
Arlington, Virginia 1 $ 40,000 $ 40,000 $ 95,000
Caroline, Virginia 1 $ 16,000 $ 16,000 $ 52,000
Cumberland, Virginia 1 $ 80,000 $ 80,000 $ 144,000
Fairfax, Virginia 1 $ 11,000 $ 11,000 $ 71,000
Hanover, Virginia 1 $ 30,000 $ 30,000 $ 146,000
Nelson, Virginia 1 $ 150,000 $ 150,000 $ 75,000
Norfolk, Virginia 1 $ 20,000 $ 20,000 $ 58,000
Pulaski, Virginia 1 $ 18,000 $ 18,000 $ 34,000
Salem, Virginia 1 $ 20,000 $ 20,000 $ 55,000
Stafford, Virginia 1 $ 238,000 $ 238,000 $ 83,000
Virginia Beach, Virginia 1 $ 37,000 $ 37,000 $ 70,000
Warren, Virginia 1 $ 30,000 $ 30,000 $ 146,000
King, Washington 1 $ 15,000 $ 15,000 $ 71,000
Berkeley, West Virginia 1 $ 17,000 $ 17,000 $ 205,000
Jefferson, West Virginia 1 $ 44,000 $ 44,000 $ 164,000
Mineral, West Virginia 1 $ 33,000 $ 33,000 $ 101,000
Randolph, West Virginia 1 $ 25,000 $ 25,000 $ 110,000

Mortgage Loan Application Detail Totals for Pennsylvania State Employees Credit Union in 2007

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 1,723 $45,239,000 $26,000 $262,000 $82,000 $329,000
Refinancing 1,495 $111,223,000 $74,000 $603,000 $78,000 $440,000
Home Purchase 510 $62,655,000 $122,000 $417,000 $66,000 $280,000

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 2,671 $163,107,000 $61,000 $417,000 $78,000 $440,000
Not Provided 832 $40,511,000 $48,000 $357,000 $80,000 $400,000
Black or African American 137 $10,041,000 $73,000 $603,000 $68,000 $196,000
Hispanic 53 $2,894,000 $54,000 $260,000 $72,000 $171,000
Asian 21 $1,913,000 $91,000 $310,000 $80,000 $198,000
American Indian or Alaskan Native 13 $621,000 $47,000 $149,000 $75,000 $127,000
Native Hawaiian or Other Pacific Islander 1 $30,000 $30,000 $30,000 $235,000 $235,000
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) 3,728 $219,117,000 $58,000 $603,000 $78,000 $440,000
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 2,627 $147,384,000 $56,000 $417,000 $80,000 $329,000
Application Denied By Financial Institution 421 $28,665,000 $68,000 $509,000 $65,000 $400,000
Application Withdrawn By Applicant 252 $19,223,000 $76,000 $603,000 $78,000 $440,000
Application Approved But Not Accepted 245 $8,055,000 $32,000 $191,000 $81,000 $255,000
File Closed For Incompleteness 127 $8,435,000 $66,000 $310,000 $88,000 $304,000
Preapproval Denied by Financial Institution 55 $7,255,000 $131,000 $299,000 $64,000 $226,000
Preapproval Approved but not Accepted 1 $100,000 $100,000 $100,000 $31,000 $31,000
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
Debt-To-Income Ratio 1 $70,000 $70,000 $70,000 $13,000 $13,000
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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Pennsylvania State Employees Credit Union's 2007 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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