Patelco Credit Union Mortgage Lending & HMDA Data, 2005

In 2005, Patelco Credit Union of Citrus Heights, CA reported 4,966 mortgage applications totaling $790.9 million. The average application was for $159,264, and applicants reported an average income of $95,787. 55% of its applications resulted in an originated loan and 16% were denied. Its largest markets were Oakland-Fremont-Hayward, CA (1,341), Sacramento--Arden-Arcade--Roseville, CA (943) and San Francisco-San Mateo-Redwood City, CA (438) (applications in parentheses).

Mortgage Company & Address Patelco Credit Union
5499 Sunrise Blvd
Citrus Heights, CA 95610
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  
Total Number of Mortgage Applications 4,966
Total Mortgage Loan Application Amount $790,908,000
Average Mortgage Loan Application Amount $159,264
Highest Mortgage Loan Application Amount $1,500,000
Average Applicant Income $95,787
Highest Applicant Income $1,878,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Patelco Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Patelco Credit Union by County in 2005

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Contra Costa, California 780 $ 123,075,000 $ 157,788 $ 126,000
Sacramento, California 687 $ 79,893,000 $ 116,292 $ 81,000
Alameda, California 561 $ 91,889,000 $ 163,795 $ 98,000
Solano, California 242 $ 34,802,000 $ 143,809 $ 83,000
San Mateo, California 229 $ 31,515,000 $ 137,620 $ 99,000
Placer, California 168 $ 27,079,000 $ 161,184 $ 107,000
Sonoma, California 163 $ 19,477,000 $ 119,490 $ 77,000
San Francisco, California 158 $ 34,380,000 $ 217,594 $ 111,000
San Joaquin, California 158 $ 23,933,000 $ 151,474 $ 108,000
Santa Clara, California 139 $ 23,664,000 $ 170,244 $ 106,000
Stanislaus, California 80 $ 9,319,000 $ 116,487 $ 68,000
Merced, California 69 $ 8,420,000 $ 122,028 $ 92,000
Kern, California 66 $ 5,926,000 $ 89,787 $ 69,000
Maricopa, Arizona 56 $ 7,810,000 $ 139,464 $ 94,000
El Dorado, California 54 $ 9,675,000 $ 179,166 $ 164,000
Marin, California 51 $ 7,339,000 $ 143,901 $ 97,000
Fresno, California 38 $ 4,892,000 $ 128,736 $ 82,000
Los Angeles, California 37 $ 6,600,000 $ 178,378 $ 104,000
Humboldt, California 36 $ 3,697,000 $ 102,694 $ 66,000
Yolo, California 34 $ 4,170,000 $ 122,647 $ 82,000
Cook, Illinois 31 $ 3,641,000 $ 117,451 $ 120,000
Clark, Nevada 30 $ 4,258,000 $ 141,933 $ 95,000
Santa Cruz, California 29 $ 3,645,000 $ 125,689 $ 103,000
Riverside, California 27 $ 4,334,000 $ 160,518 $ 134,000
San Diego, California 27 $ 6,535,000 $ 242,037 $ 103,000
Napa, California 24 $ 2,813,000 $ 117,208 $ 96,000
Palm Beach, Florida 22 $ 3,295,000 $ 149,772 $ 110,000
Lake, California 20 $ 2,086,000 $ 104,300 $ 80,000
Orange, California 19 $ 3,767,000 $ 198,263 $ 97,000
Sutter, California 18 $ 2,220,000 $ 123,333 $ 78,000
Butte, California 16 $ 1,713,000 $ 107,062 $ 73,000
San Bernardino, California 15 $ 1,812,000 $ 120,800 $ 82,000
Orange, Florida 15 $ 1,377,000 $ 91,800 $ 80,000
Calaveras, California 14 $ 2,135,000 $ 152,500 $ 83,000
Amador, California 13 $ 1,523,000 $ 117,153 $ 67,000
Madera, California 13 $ 1,267,000 $ 97,461 $ 65,000
Nevada, California 13 $ 3,195,000 $ 245,769 $ 127,000
Tuolumne, California 13 $ 1,404,000 $ 108,000 $ 80,000
Yuba, California 12 $ 1,333,000 $ 111,083 $ 90,000
Washoe, Nevada 12 $ 2,549,000 $ 212,416 $ 103,000
Broward, Florida 11 $ 1,910,000 $ 173,636 $ 198,000
Lake, Illinois 11 $ 1,107,000 $ 100,636 $ 68,000
King, Washington 11 $ 1,590,000 $ 144,545 $ 73,000
Mendocino, California 10 $ 1,301,000 $ 130,100 $ 76,000
Pasco, Florida 10 $ 1,654,000 $ 165,400 $ 60,000
Pima, Arizona 7 $ 770,000 $ 110,000 $ 327,000
Monterey, California 7 $ 515,000 $ 73,571 $ 87,000
San Luis Obispo, California 6 $ 651,000 $ 108,500 $ 115,000
Shasta, California 6 $ 519,000 $ 86,500 $ 72,000
Lyon, Nevada 6 $ 908,000 $ 151,333 $ 69,000
Clark, Washington 6 $ 642,000 $ 107,000 $ 73,000
Mohave, Arizona 5 $ 490,000 $ 98,000 $ 68,000
Kings, California 5 $ 822,000 $ 164,400 $ 76,000
San Benito, California 5 $ 925,000 $ 185,000 $ 165,000
Tehama, California 5 $ 460,000 $ 92,000 $ 79,000
Tulare, California 5 $ 550,000 $ 110,000 $ 53,000
Miami-Dade, Florida 5 $ 493,000 $ 98,600 $ 86,000
Tarrant, Texas 5 $ 592,000 $ 118,400 $ 60,000
Colusa, California 4 $ 648,000 $ 162,000 $ 67,000
Mariposa, California 4 $ 419,000 $ 104,750 $ 66,000
Hillsborough, Florida 4 $ 805,000 $ 201,250 $ 109,000
Lake, Florida 4 $ 345,000 $ 86,250 $ 66,000
Lee, Florida 4 $ 855,000 $ 213,750 $ 94,000
Pinellas, Florida 4 $ 1,739,000 $ 434,750 $ 513,000
Seminole, Florida 4 $ 622,000 $ 155,500 $ 86,000
Jackson, Oregon 4 $ 532,000 $ 133,000 $ 96,000
Multnomah, Oregon 4 $ 620,000 $ 155,000 $ 62,000
Washington, Oregon 4 $ 658,000 $ 164,500 $ 85,000
Pinal, Arizona 3 $ 153,000 $ 51,000 $ 48,000
Del Norte, California 3 $ 177,000 $ 59,000 $ 71,000
Plumas, California 3 $ 424,000 $ 141,333 $ 107,000
Santa Barbara, California 3 $ 120,000 $ 40,000 $ 53,000
Trinity, California 3 $ 126,000 $ 42,000 $ 37,000
Ventura, California 3 $ 325,000 $ 108,333 $ 155,000
Alachua, Florida 3 $ 472,000 $ 157,333 $ 101,000
Clay, Florida 3 $ 402,000 $ 134,000 $ 92,000
Collier, Florida 3 $ 940,000 $ 313,333 $ 406,000
Martin, Florida 3 $ 208,000 $ 69,333 $ 87,000
Polk, Florida 3 $ 210,000 $ 70,000 $ 48,000
Cobb, Georgia 3 $ 386,000 $ 128,666 $ 49,000
DuPage, Illinois 3 $ 128,000 $ 42,666 $ 84,000
McHenry, Illinois 3 $ 557,000 $ 185,666 $ 81,000
Vermilion, Illinois 3 $ 146,000 $ 48,666 $ 46,000
Middlesex, New Jersey 3 $ 1,116,000 $ 372,000 $ 84,000
Harris, Texas 3 $ 397,000 $ 132,333 $ 175,000
Kitsap, Washington 3 $ 462,000 $ 154,000 $ 107,000
Pierce, Washington 3 $ 283,000 $ 94,333 $ 151,000
Coconino, Arizona 2 $ 105,000 $ 52,500 $ 40,000
Navajo, Arizona 2 $ 89,000 $ 44,500 $ 41,000
Siskiyou, California 2 $ 195,000 $ 97,500 $ 54,000
Adams, Colorado 2 $ 130,000 $ 65,000 $ 90,000
Brevard, Florida 2 $ 496,000 $ 248,000 $ 167,000
Hernando, Florida 2 $ 311,000 $ 155,500 $ 118,000
Leon, Florida 2 $ 200,000 $ 100,000 $ 158,000
Marion, Florida 2 $ 268,000 $ 134,000 $ 53,000
Sarasota, Florida 2 $ 75,000 $ 37,500 $ 77,000
St. Lucie, Florida 2 $ 275,000 $ 137,500 $ 98,000
Douglas, Georgia 2 $ 297,000 $ 148,500 $ 58,000
Gwinnett, Georgia 2 $ 239,000 $ 119,500 $ 37,000
Boone, Illinois 2 $ 70,000 $ 35,000 $ 63,000
Kane, Illinois 2 $ 112,000 $ 56,000 $ 49,000
Sangamon, Illinois 2 $ 20,000 $ 10,000 $ 46,000
Will, Illinois 2 $ 393,000 $ 196,500 $ 80,000
Frederick, Maryland 2 $ 438,000 $ 219,000 $ 38,000
Jackson, Missouri 2 $ 425,000 $ 212,500 $ 52,000
Tioga, New York 2 $ 90,000 $ 45,000 $ 441,000
Ulster, New York 2 $ 252,000 $ 126,000 $ 68,000
Buncombe, North Carolina 2 $ 218,000 $ 109,000 $ 54,000
Mecklenburg, North Carolina 2 $ 433,000 $ 216,500 $ 140,000
Spokane, Washington 2 $ 122,000 $ 61,000 $ 112,000
Coffee, Alabama 1 $ 82,000 $ 82,000 $ 70,000
Graham, Arizona 1 $ 124,000 $ 124,000 $ 30,000
Yuma, Arizona 1 $ 50,000 $ 50,000 $ 86,000
Glenn, California 1 $ 117,000 $ 117,000 $ 96,000
Inyo, California 1 $ 104,000 $ 104,000 $ 105,000
Modoc, California 1 $ 720,000 $ 720,000 $ 144,000
Broomfield, Colorado 1 $ 69,000 $ 69,000 $ 78,000
Chaffee, Colorado 1 $ 25,000 $ 25,000 $ 120,000
Denver, Colorado 1 $ 125,000 $ 125,000 $ 84,000
Douglas, Colorado 1 $ 25,000 $ 25,000 $ 98,000
Fremont, Colorado 1 $ 92,000 $ 92,000 $ 21,000
La Plata, Colorado 1 $ 244,000 $ 244,000 $ 87,000
Larimer, Colorado 1 $ 259,000 $ 259,000 $ 54,000
Pueblo, Colorado 1 $ 40,000 $ 40,000 $ 68,000
Teller, Colorado 1 $ 190,000 $ 190,000 $ 34,000
District of Columbia, District Of Columbia 1 $ 108,000 $ 108,000 $ 188,000
Okaloosa, Florida 1 $ 517,000 $ 517,000 $ 116,000
Osceola, Florida 1 $ 110,000 $ 110,000 $ 51,000
Volusia, Florida 1 $ 94,000 $ 94,000 $ 104,000
Dougherty, Georgia 1 $ 176,000 $ 176,000 $ 42,000
Maui, Hawaii 1 $ 25,000 $ 25,000 $ 148,000
Kootenai, Idaho 1 $ 137,000 $ 137,000 $ 83,000
Hamilton, Illinois 1 $ 43,000 $ 43,000 $ 63,000
Jefferson, Illinois 1 $ 8,000 $ 8,000 $ 44,000
Perry, Illinois 1 $ 7,000 $ 7,000 $ 50,000
Starke, Indiana 1 $ 68,000 $ 68,000 $ 24,000
Johnson, Kansas 1 $ 280,000 $ 280,000 $ 119,000
Wyandotte, Kansas 1 $ 65,000 $ 65,000 $ 54,000
Livingston, Louisiana 1 $ 69,000 $ 69,000 $ 11,000
Orleans, Louisiana 1 $ 58,000 $ 58,000 $ 57,000
Middlesex, Massachusetts 1 $ 285,000 $ 285,000 $ 159,000
Wayne, Michigan 1 $ 105,000 $ 105,000 $ 36,000
Lee, Mississippi 1 $ 135,000 $ 135,000 $ 94,000
Cole, Missouri 1 $ 86,000 $ 86,000 $ 41,000
Franklin, Missouri 1 $ 55,000 $ 55,000 $ 42,000
St. Louis, Missouri 1 $ 396,000 $ 396,000 $ 115,000
Douglas, Nebraska 1 $ 229,000 $ 229,000 $ 94,000
Scotts Bluff, Nebraska 1 $ 54,000 $ 54,000 $ 38,000
Carson City, Nevada 1 $ 10,000 $ 10,000 $ 12,000
Douglas, Nevada 1 $ 317,000 $ 317,000 $ 55,000
Elko, Nevada 1 $ 156,000 $ 156,000 $ 41,000
Nye, Nevada 1 $ 131,000 $ 131,000 $ 31,000
Atlantic, New Jersey 1 $ 232,000 $ 232,000 $ 64,000
Sussex, New Jersey 1 $ 360,000 $ 360,000 $ 166,000
Bernalillo, New Mexico 1 $ 194,000 $ 194,000 $ 103,000
Valencia, New Mexico 1 $ 183,000 $ 183,000 $ 235,000
New York, New York 1 $ 309,000 $ 309,000 $ 84,000
Durham, North Carolina 1 $ 150,000 $ 150,000 $ 40,000
Cuyahoga, Ohio 1 $ 271,000 $ 271,000 $ 99,000
Mahoning, Ohio 1 $ 113,000 $ 113,000 $ 62,000
Jackson, Oklahoma 1 $ 35,000 $ 35,000 $ 18,000
Muskogee, Oklahoma 1 $ 183,000 $ 183,000 $ 142,000
Benton, Oregon 1 $ 140,000 $ 140,000 $ 46,000
Clackamas, Oregon 1 $ 30,000 $ 30,000 $ 55,000
Coos, Oregon 1 $ 30,000 $ 30,000 $ 31,000
Lane, Oregon 1 $ 90,000 $ 90,000 $ 223,000
Marion, Oregon 1 $ 40,000 $ 40,000 $ 102,000
Columbia, Pennsylvania 1 $ 77,000 $ 77,000 $ 18,000
Carter, Tennessee 1 $ 73,000 $ 73,000 $ 61,000
Collin, Texas 1 $ 246,000 $ 246,000 $ 85,000
Galveston, Texas 1 $ 44,000 $ 44,000 $ 204,000
Hood, Texas 1 $ 93,000 $ 93,000 $ 77,000
Summit, Utah 1 $ 265,000 $ 265,000 $ 78,000
Fairfax, Virginia 1 $ 560,000 $ 560,000 $ 538,000
Williamsburg, Virginia 1 $ 220,000 $ 220,000 $ 106,000
Chelan, Washington 1 $ 29,000 $ 29,000 $ 132,000
Mason, Washington 1 $ 193,000 $ 193,000 $ 62,000
Thurston, Washington 1 $ 15,000 $ 15,000 $ 97,000
Whatcom, Washington 1 $ 204,000 $ 204,000 $ 51,000
Columbia, Wisconsin 1 $ 167,000 $ 167,000 $ 34,000
Florence, Wisconsin 1 $ 157,000 $ 157,000 $ 322,000
Waukesha, Wisconsin 1 $ 281,000 $ 281,000 $ 94,000

Mortgage Loan Application Detail Totals for Patelco Credit Union in 2005

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 2,746 $188,415,000 $46,625 $677,000 $86,000 $1,500,000
Refinancing 1,127 $310,202,000 $168,791 $923,000 $122,833 $1,839,000
Home Purchase 1,093 $292,291,000 $201,411 $1,500,000 $85,588 $1,878,000

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
Not Provided 2,046 $340,193,000 $163,750 $1,500,000 $86,535 $1,878,000
White 1,583 $226,672,000 $177,766 $1,300,000 $96,800 $1,440,000
Asian 443 $83,462,000 $227,250 $860,000 $99,000 $1,860,000
Hispanic 405 $60,517,000 $162,750 $880,000 $60,000 $1,440,000
Black or African American 363 $61,358,000 $180,266 $700,000 $95,933 $1,464,000
Native Hawaiian or Other Pacific Islander 86 $12,902,000 $212,333 $480,000 $70,333 $254,000
American Indian or Alaskan Native 40 $5,804,000 $145,250 $480,000 $73,500 $520,000
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) 4,966 $790,908,000 $174,157 $1,500,000 $92,736 $1,878,000
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 2,723 $386,071,000 $149,620 $1,500,000 $92,379 $1,428,000
Application Withdrawn By Applicant 1,270 $237,462,000 $189,187 $1,300,000 $97,375 $1,860,000
Application Denied By Financial Institution 798 $108,256,000 $178,545 $1,160,000 $77,727 $1,224,000
Application Approved But Not Accepted 127 $39,907,000 $215,777 $1,200,000 $98,555 $1,878,000
Preapproval Approved but not Accepted 48 $19,212,000 $400,000 $800,000 $128,000 $1,187,000
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
Credit History 308 $44,073,000 $179,555 $1,160,000 $78,777 $1,224,000
Debt-To-Income Ratio 252 $42,338,000 $181,285 $570,000 $44,000 $180,000
Collateral 160 $12,774,000 $49,166 $416,000 $53,166 $864,000
Other 76 $8,662,000 $194,800 $500,000 $180,600 $1,045,000
Insufficient Cash (Downpayment, Closing Cost) 2 $409,000 $204,000 $270,000 $104,000 $119,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Patelco Credit Union's 2005 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 Patelco 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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