Polish & Slavic Federal Credit Mortgage Lending & HMDA Data, 2015
In 2015, Polish & Slavic Federal Credit of Brooklyn, NY reported 984 mortgage applications totaling $264.1 million, up 20% from 2014. The average application was for $268,427, and applicants reported an average income of $67,185. 64% of its applications resulted in an originated loan and 11% were denied. Its largest markets were New York-Jersey City-White Plains, NY-NJ (401), Chicago-Naperville-Arlington Heights, IL (386) and Newark, NJ-PA (55) (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 | 984 |
| Total Mortgage Loan Application Amount | $264,133,000 |
| Average Mortgage Loan Application Amount | $268,427 |
| Highest Mortgage Loan Application Amount | $3,526,000 |
| Average Applicant Income | $67,185 |
| Highest Applicant Income | $493,000 |
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records Polish & Slavic Federal Credit filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
Mortgage Loan Application Detail Totals for Polish & Slavic Federal Credit in 2015
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 | 573 | $123,271,000 | $215,000 | $1,800,000 | $68,000 | $466,000 |
| Refinancing | 363 | $123,210,000 | $339,000 | $3,526,000 | $65,000 | $436,000 |
| Home Improvement | 48 | $17,652,000 | $367,000 | $2,400,000 | $74,000 | $493,000 |
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 | 917 | $205,906,000 | $224,000 | $2,400,000 | $71,000 | $493,000 |
| Not applicable | 54 | $55,303,000 | $1,024,000 | $3,526,000 | $0 | $0 |
| Black or African American | 5 | $747,000 | $149,000 | $272,000 | $91,000 | $142,000 |
| Hispanic | 5 | $1,011,000 | $202,000 | $432,000 | $49,000 | $112,000 |
| Asian | 3 | $1,166,000 | $388,000 | $600,000 | $92,000 | $192,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 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) | 984 | $264,133,000 | $268,000 | $3,526,000 | $67,000 | $493,000 |
| 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 | 631 | $164,124,000 | $260,000 | $3,526,000 | $64,000 | $466,000 |
| Application Withdrawn By Applicant | 158 | $43,659,000 | $276,000 | $2,700,000 | $79,000 | $493,000 |
| Application Denied By Financial Institution | 107 | $29,751,000 | $278,000 | $1,270,000 | $53,000 | $366,000 |
| File Closed For Incompleteness | 59 | $18,373,000 | $311,000 | $1,200,000 | $89,000 | $436,000 |
| Application Approved But Not Accepted | 29 | $8,226,000 | $283,000 | $672,000 | $68,000 | $301,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 43 | $9,763,000 | $227,000 | $645,000 | $50,000 | $161,000 |
| Collateral | 11 | $2,696,000 | $245,000 | $1,250,000 | $80,000 | $324,000 |
| Other | 11 | $2,849,000 | $259,000 | $1,270,000 | $32,000 | $68,000 |
| Credit History | 7 | $1,663,000 | $237,000 | $417,000 | $110,000 | $366,000 |
| Unverifiable Information | 4 | $1,469,000 | $367,000 | $900,000 | $95,000 | $120,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $818,000 | $272,000 | $360,000 | $25,000 | $58,000 |
| Mortgage Insurance Denied | 2 | $241,000 | $120,000 | $135,000 | $48,000 | $63,000 |
| Credit Application Incomplete | 2 | $1,800,000 | $900,000 | $975,000 | $0 | $0 |
| Employment History | 1 | $172,000 | $172,000 | $172,000 | $94,000 | $94,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Polish & Slavic Federal Credit's 2015 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