Polish & Slavic Federal Credit Mortgage Lending & HMDA Data, 2004
In 2004, Polish & Slavic Federal Credit of Brooklyn, NY reported 716 mortgage applications totaling $172.6 million, down 49% from 2003. The average application was for $241,043, and applicants reported an average income of $97,036. 84% of its applications resulted in an originated loan and 1% were denied. Its largest markets were New York-Wayne-White Plains, NY-NJ (255), Newark-Union, NJ-PA (81) and Nassau-Suffolk, NY (68) (applications in parentheses).
| Mortgage Company & Address | Polish & Slavic Federal Credit 100 McGuinness Blvd Brooklyn, NY 11222 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 | 716 |
| Total Mortgage Loan Application Amount | $172,587,000 |
| Average Mortgage Loan Application Amount | $241,043 |
| Highest Mortgage Loan Application Amount | $1,500,000 |
| Average Applicant Income | $97,036 |
| Highest Applicant Income | $754,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Polish & Slavic Federal Credit filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Queens, New York | 118 | $ 31,344,000 | $ 265,627 | $ 85,000 |
| Bergen, New Jersey | 112 | $ 27,793,000 | $ 248,151 | $ 105,000 |
| Kings, New York | 98 | $ 26,937,000 | $ 274,867 | $ 62,000 |
| Passaic, New Jersey | 59 | $ 15,471,000 | $ 262,220 | $ 112,000 |
| Suffolk, New York | 54 | $ 11,464,000 | $ 212,296 | $ 94,000 |
| Union, New Jersey | 39 | $ 7,414,000 | $ 190,102 | $ 80,000 |
| Middlesex, New Jersey | 36 | $ 6,729,000 | $ 186,916 | $ 87,000 |
| Hudson, New Jersey | 33 | $ 7,748,000 | $ 234,787 | $ 104,000 |
| Richmond, New York | 29 | $ 7,083,000 | $ 244,241 | $ 95,000 |
| Morris, New Jersey | 17 | $ 4,695,000 | $ 276,176 | $ 81,000 |
| Somerset, New Jersey | 17 | $ 3,999,000 | $ 235,235 | $ 102,000 |
| Essex, New Jersey | 14 | $ 3,647,000 | $ 260,500 | $ 120,000 |
| Nassau, New York | 14 | $ 3,359,000 | $ 239,928 | $ 115,000 |
| Orange, New York | 13 | $ 1,512,000 | $ 116,307 | $ 132,000 |
| Sussex, New Jersey | 9 | $ 2,032,000 | $ 225,777 | $ 101,000 |
| Mercer, New Jersey | 7 | $ 1,254,000 | $ 179,142 | $ 89,000 |
| Monmouth, New Jersey | 7 | $ 1,403,000 | $ 200,428 | $ 97,000 |
| Ocean, New Jersey | 7 | $ 1,212,000 | $ 173,142 | $ 88,000 |
| Warren, New Jersey | 5 | $ 1,069,000 | $ 213,800 | $ 93,000 |
| Sullivan, New York | 5 | $ 640,000 | $ 128,000 | $ 68,000 |
| New York, New York | 3 | $ 1,819,000 | $ 606,333 | $ 164,000 |
| Ulster, New York | 3 | $ 463,000 | $ 154,333 | $ 241,000 |
| Hunterdon, New Jersey | 2 | $ 616,000 | $ 308,000 | $ 167,000 |
| Franklin, New York | 2 | $ 173,000 | $ 86,500 | $ 106,000 |
| Greene, New York | 2 | $ 525,000 | $ 262,500 | $ 117,000 |
| Putnam, New York | 2 | $ 290,000 | $ 145,000 | $ 84,000 |
| Rockland, New York | 2 | $ 650,000 | $ 325,000 | $ 221,000 |
| Westchester, New York | 2 | $ 653,000 | $ 326,500 | $ 118,000 |
| Atlantic, New Jersey | 1 | $ 49,000 | $ 49,000 | $ 30,000 |
| Cape May, New Jersey | 1 | $ 150,000 | $ 150,000 | $ 46,000 |
| Albany, New York | 1 | $ 80,000 | $ 80,000 | $ 79,000 |
| Bronx, New York | 1 | $ 49,000 | $ 49,000 | $ 55,000 |
| Dutchess, New York | 1 | $ 265,000 | $ 265,000 | $ 53,000 |
Mortgage Loan Application Detail Totals for Polish & Slavic Federal Credit in 2004
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 Purchase | 364 | $95,468,000 | $262,500 | $1,500,000 | $102,000 | $496,000 |
| Refinancing | 285 | $62,027,000 | $217,000 | $740,000 | $91,500 | $554,000 |
| Home Improvement | 67 | $15,092,000 | $225,000 | $499,000 | $96,000 | $754,000 |
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 | 716 | $172,587,000 | $241,000 | $1,500,000 | $97,500 | $754,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 0 | $0 | $0 | $0 | $0 | $0 |
| Black or African American | 0 | $0 | $0 | $0 | $0 | $0 |
| Hispanic | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 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) | 716 | $172,587,000 | $241,000 | $1,500,000 | $97,500 | $754,000 |
| 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 | 603 | $145,971,000 | $242,000 | $1,500,000 | $105,000 | $754,000 |
| Application Withdrawn By Applicant | 69 | $16,520,000 | $238,500 | $653,000 | $96,000 | $473,000 |
| Application Approved But Not Accepted | 27 | $5,821,000 | $195,500 | $505,000 | $75,500 | $290,000 |
| Application Denied By Financial Institution | 10 | $3,112,000 | $297,500 | $550,000 | $80,500 | $117,000 |
| File Closed For Incompleteness | 7 | $1,163,000 | $166,000 | $280,000 | $78,500 | $122,000 |
| 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 |
|---|---|---|---|---|---|---|
| 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 Polish & Slavic Federal Credit's 2004 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 Polish & Slavic Federal Credit'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 New York, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About