Proponent Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2003
Proponent Federal Credit Union 2003 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Proponent Federal Credit Union 536 Washington Ave. Nutley, NJ 07110 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 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 | 835 |
| Total Mortgage Loan Application Amount | $163,080,000 |
| Average Mortgage Loan Application Amount | $213,342 |
| Highest Mortgage Loan Application Amount | $840,000 |
| Average Applicant Income | $118,342 |
| Highest Applicant Income | $1,114,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2003 with Proponent Federal Credit Union. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Proponent Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2003 breaks down Proponent Federal Credit Union's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Proponent Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Proponent Federal Credit Union, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Proponent Federal Credit Union's mortgage activity for 2003.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Essex County New Jersey | 169 | $ 32,314,000 | $ 191,000 | $ 120,000 |
| Morris County New Jersey | 92 | $ 20,763,000 | $ 225,000 | $ 136,000 |
| Passaic County New Jersey | 90 | $ 16,931,000 | $ 188,000 | $ 102,000 |
| Bergen County New Jersey | 67 | $ 16,464,000 | $ 245,000 | $ 129,000 |
| Alamance County North Carolina | 49 | $ 5,346,000 | $ 109,000 | $ 66,000 |
| Middlesex County New Jersey | 34 | $ 7,184,000 | $ 211,000 | $ 112,000 |
| Somerset County New Jersey | 32 | $ 6,847,000 | $ 213,000 | $ 114,000 |
| Union County New Jersey | 23 | $ 4,247,000 | $ 184,000 | $ 152,000 |
| Monmouth County New Jersey | 19 | $ 4,694,000 | $ 247,000 | $ 134,000 |
| Northampton County Pennsylvania | 19 | $ 2,344,000 | $ 123,000 | $ 74,000 |
| Hunterdon County New Jersey | 17 | $ 3,170,000 | $ 186,000 | $ 122,000 |
| Ocean County New Jersey | 15 | $ 2,466,000 | $ 164,000 | $ 64,000 |
| Sussex County New Jersey | 15 | $ 2,791,000 | $ 186,000 | $ 101,000 |
| Hudson County New Jersey | 14 | $ 3,193,000 | $ 228,000 | $ 127,000 |
| Warren County New Jersey | 14 | $ 1,890,000 | $ 135,000 | $ 77,000 |
| Wake County North Carolina | 9 | $ 1,542,000 | $ 171,000 | $ 89,000 |
| Guilford County North Carolina | 8 | $ 1,100,000 | $ 137,000 | $ 88,000 |
| Orange County North Carolina | 8 | $ 1,149,000 | $ 143,000 | $ 83,000 |
| Orange County New York | 6 | $ 1,079,000 | $ 179,000 | $ 90,000 |
| Alameda County California | 5 | $ 2,145,000 | $ 429,000 | $ 158,000 |
| Mercer County New Jersey | 5 | $ 1,213,000 | $ 242,000 | $ 318,000 |
| Fairfield County Connecticut | 4 | $ 1,807,000 | $ 451,000 | $ 142,000 |
| Burlington County New Jersey | 4 | $ 759,000 | $ 189,000 | $ 147,000 |
| Nassau County New York | 4 | $ 813,000 | $ 203,000 | $ 190,000 |
| Fairfax County Virginia | 4 | $ 965,000 | $ 241,000 | $ 59,000 |
| Prince George's County Maryland | 3 | $ 986,000 | $ 328,000 | $ 125,000 |
| Rockland County New York | 3 | $ 544,000 | $ 181,000 | $ 104,000 |
| Brunswick County North Carolina | 3 | $ 445,000 | $ 148,000 | $ 99,000 |
| Caswell County North Carolina | 3 | $ 285,000 | $ 95,000 | $ 125,000 |
| Chatham County North Carolina | 3 | $ 421,000 | $ 140,000 | $ 81,000 |
| Durham County North Carolina | 3 | $ 400,000 | $ 133,000 | $ 92,000 |
| Lackawanna County Pennsylvania | 3 | $ 239,000 | $ 79,000 | $ 86,000 |
| District of Columbia County District Of Columbia | 2 | $ 595,000 | $ 297,000 | $ 135,000 |
| Lee County Florida | 2 | $ 275,000 | $ 137,000 | $ 112,000 |
| Orange County Florida | 2 | $ 357,000 | $ 178,000 | $ 109,000 |
| Hamilton County Indiana | 2 | $ 262,000 | $ 131,000 | $ 77,000 |
| Anne Arundel County Maryland | 2 | $ 223,000 | $ 111,000 | $ 78,000 |
| Montgomery County Maryland | 2 | $ 205,000 | $ 102,000 | $ 44,000 |
| Norfolk County Massachusetts | 2 | $ 180,000 | $ 90,000 | $ 127,000 |
| Camden County New Jersey | 2 | $ 257,000 | $ 128,000 | $ 108,000 |
| New York County New York | 2 | $ 830,000 | $ 415,000 | $ 205,000 |
| Westchester County New York | 2 | $ 466,000 | $ 233,000 | $ 180,000 |
| Granville County North Carolina | 2 | $ 164,000 | $ 82,000 | $ 37,000 |
| Mecklenburg County North Carolina | 2 | $ 318,000 | $ 159,000 | $ 85,000 |
| New Hanover County North Carolina | 2 | $ 147,000 | $ 73,000 | $ 98,000 |
| Randolph County North Carolina | 2 | $ 336,000 | $ 168,000 | $ 90,000 |
| Allegheny County Pennsylvania | 2 | $ 134,000 | $ 67,000 | $ 21,000 |
| Chester County Pennsylvania | 2 | $ 465,000 | $ 232,000 | $ 127,000 |
| Monroe County Pennsylvania | 2 | $ 278,000 | $ 139,000 | $ 68,000 |
| Pike County Pennsylvania | 2 | $ 138,000 | $ 69,000 | $ 72,000 |
| Henrico County Virginia | 2 | $ 100,000 | $ 50,000 | $ 33,000 |
| Loudoun County Virginia | 2 | $ 521,000 | $ 260,000 | $ 123,000 |
| Prince William County Virginia | 2 | $ 509,000 | $ 254,000 | $ 104,000 |
| Contra Costa County California | 1 | $ 551,000 | $ 551,000 | $ 109,000 |
| Fresno County California | 1 | $ 119,000 | $ 119,000 | $ 151,000 |
| Sacramento County California | 1 | $ 285,000 | $ 285,000 | $ 68,000 |
| San Diego County California | 1 | $ 255,000 | $ 255,000 | $ 175,000 |
| Solano County California | 1 | $ 389,000 | $ 389,000 | $ 112,000 |
| Stanislaus County California | 1 | $ 90,000 | $ 90,000 | $ 84,000 |
| Yolo County California | 1 | $ 188,000 | $ 188,000 | $ 53,000 |
| Hartford County Connecticut | 1 | $ 300,000 | $ 300,000 | $ 113,000 |
| Litchfield County Connecticut | 1 | $ 350,000 | $ 350,000 | $ 430,000 |
| New London County Connecticut | 1 | $ 112,000 | $ 112,000 | $ 57,000 |
| Hillsborough County Florida | 1 | $ 177,000 | $ 177,000 | $ 85,000 |
| Pinellas County Florida | 1 | $ 650,000 | $ 650,000 | $ 365,000 |
| St. Lucie County Florida | 1 | $ 322,000 | $ 322,000 | $ 592,000 |
| Cherokee County Georgia | 1 | $ 248,000 | $ 248,000 | $ 106,000 |
| Fulton County Georgia | 1 | $ 310,000 | $ 310,000 | $ 111,000 |
| Gwinnett County Georgia | 1 | $ 56,000 | $ 56,000 | $ 53,000 |
| Pike County Georgia | 1 | $ 110,000 | $ 110,000 | $ 28,000 |
| Cook County Illinois | 1 | $ 276,000 | $ 276,000 | $ 173,000 |
| St. Tammany County Louisiana | 1 | $ 150,000 | $ 150,000 | $ 125,000 |
| Hancock County Maine | 1 | $ 100,000 | $ 100,000 | $ 172,000 |
| Sagadahoc County Maine | 1 | $ 297,000 | $ 297,000 | $ 194,000 |
| Baltimore County Maryland | 1 | $ 203,000 | $ 203,000 | $ 0 |
| Howard County Maryland | 1 | $ 480,000 | $ 480,000 | $ 118,000 |
| Talbot County Maryland | 1 | $ 216,000 | $ 216,000 | $ 75,000 |
| Kent County Michigan | 1 | $ 262,000 | $ 262,000 | $ 158,000 |
| DeSoto County Mississippi | 1 | $ 66,000 | $ 66,000 | $ 54,000 |
| Grafton County New Hampshire | 1 | $ 289,000 | $ 289,000 | $ 130,000 |
| Putnam County New York | 1 | $ 138,000 | $ 138,000 | $ 165,000 |
| Richmond County New York | 1 | $ 314,000 | $ 314,000 | $ 149,000 |
| Suffolk County New York | 1 | $ 400,000 | $ 400,000 | $ 147,000 |
| Ulster County New York | 1 | $ 140,000 | $ 140,000 | $ 59,000 |
| Forsyth County North Carolina | 1 | $ 100,000 | $ 100,000 | $ 61,000 |
| Jackson County North Carolina | 1 | $ 106,000 | $ 106,000 | $ 30,000 |
| Rockingham County North Carolina | 1 | $ 122,000 | $ 122,000 | $ 89,000 |
| Franklin County Ohio | 1 | $ 144,000 | $ 144,000 | $ 111,000 |
| Summit County Ohio | 1 | $ 185,000 | $ 185,000 | $ 78,000 |
| Carbon County Pennsylvania | 1 | $ 100,000 | $ 100,000 | $ 88,000 |
| Blount County Tennessee | 1 | $ 88,000 | $ 88,000 | $ 73,000 |
| Bexar County Texas | 1 | $ 45,000 | $ 45,000 | $ 49,000 |
| Dallas County Texas | 1 | $ 225,000 | $ 225,000 | $ 228,000 |
| Chittenden County Vermont | 1 | $ 123,000 | $ 123,000 | $ 85,000 |
| Fluvanna County Virginia | 1 | $ 212,000 | $ 212,000 | $ 143,000 |
| Kitsap County Washington | 1 | $ 100,000 | $ 100,000 | $ 56,000 |
| Pierce County Washington | 1 | $ 101,000 | $ 101,000 | $ 91,000 |
| Whatcom County Washington | 1 | $ 145,000 | $ 145,000 | $ 100,000 |
| Laramie County Wyoming | 1 | $ 145,000 | $ 145,000 | $ 92,000 |
Mortgage Loan Application Detail Totals for Proponent Federal Credit Union in 2003
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 |
|---|---|---|---|---|---|---|
| Refinancing (home purchase or home improvement, one-to-four family) | 698 | $128,059,000 | $186,960 | $760,000 | $119,120 | $1,114,000 |
| Home Purchase (one-to-four family) | 137 | $35,021,000 | $279,300 | $840,000 | $116,400 | $297,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 0 | $0 | $0 | $0 | $0 | $0 |
| Home Improvement (one-to-four family) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 598 | $114,765,000 | $187,000 | $840,000 | $116,818 | $592,000 |
| Information not provided by applicant in mail or telephone application | 117 | $22,293,000 | $216,571 | $750,000 | $121,285 | $397,000 |
| Asian or Pacific Islander | 66 | $15,291,000 | $205,090 | $535,000 | $115,272 | $321,000 |
| Black | 24 | $4,683,000 | $229,200 | $480,000 | $120,800 | $227,000 |
| Hispanic | 21 | $4,291,000 | $194,000 | $420,000 | $118,500 | $1,114,000 |
| Other | 7 | $1,477,000 | $174,000 | $395,000 | $85,500 | $261,000 |
| American Indian or Alaskan Native | 2 | $280,000 | $140,000 | $200,000 | $156,000 | $267,000 |
| 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) | 835 | $163,080,000 | $191,040 | $840,000 | $116,200 | $1,114,000 |
| 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 | 622 | $118,983,000 | $181,900 | $760,000 | $106,550 | $1,114,000 |
| Application Withdrawn By Applicant | 164 | $34,500,000 | $205,352 | $840,000 | $153,352 | $592,000 |
| Application Denied By Financial Institution | 33 | $6,589,000 | $193,857 | $400,000 | $74,714 | $227,000 |
| File Closed For Incompleteness | 13 | $2,394,000 | $152,250 | $500,000 | $75,750 | $267,000 |
| Application Approved But Not Accepted | 3 | $614,000 | $204,666 | $389,000 | $69,000 | $112,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 2 | $175,000 | $87,500 | $100,000 | $42,000 | $62,000 |
| 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 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Proponent Federal Credit Union's 2003 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 Proponent Federal 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.
For a list of all lenders in New Jersey, download the full spreadsheet
with aggregated HMDA statistics today.