Proponent Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2016
Proponent Federal Credit Union 2016 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 | 282 |
| Total Mortgage Loan Application Amount | $50,981,000 |
| Average Mortgage Loan Application Amount | $183,000 |
| Highest Mortgage Loan Application Amount | $1,400,000 |
| Average Applicant Income | $129,333 |
| Highest Applicant Income | $1,060,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2016 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 2016 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 2016.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Alamance County North Carolina | 60 | $ 5,987,000 | $ 99,000 | $ 83,000 |
| Essex County New Jersey | 46 | $ 6,777,000 | $ 147,000 | $ 122,000 |
| Passaic County New Jersey | 22 | $ 3,769,000 | $ 171,000 | $ 163,000 |
| Bergen County New Jersey | 16 | $ 4,306,000 | $ 269,000 | $ 207,000 |
| Guilford County North Carolina | 13 | $ 869,000 | $ 66,000 | $ 66,000 |
| Morris County New Jersey | 8 | $ 2,182,000 | $ 272,000 | $ 179,000 |
| Monmouth County New Jersey | 5 | $ 1,650,000 | $ 330,000 | $ 216,000 |
| Union County New Jersey | 5 | $ 880,000 | $ 176,000 | $ 144,000 |
| Caswell County North Carolina | 5 | $ 410,000 | $ 82,000 | $ 62,000 |
| Sussex County New Jersey | 4 | $ 590,000 | $ 147,000 | $ 67,000 |
| Wake County North Carolina | 4 | $ 469,000 | $ 117,000 | $ 119,000 |
| San Mateo County California | 3 | $ 3,360,000 | $ 1,120,000 | $ 323,000 |
| Hudson County New Jersey | 3 | $ 369,000 | $ 123,000 | $ 97,000 |
| Middlesex County New Jersey | 3 | $ 744,000 | $ 248,000 | $ 100,000 |
| Somerset County New Jersey | 3 | $ 1,565,000 | $ 521,000 | $ 291,000 |
| Northampton County Pennsylvania | 3 | $ 308,000 | $ 102,000 | $ 82,000 |
| Contra Costa County California | 2 | $ 1,083,000 | $ 541,000 | $ 179,000 |
| San Francisco County California | 2 | $ 855,000 | $ 427,000 | $ 258,000 |
| Clark County Nevada | 2 | $ 288,000 | $ 144,000 | $ 113,000 |
| Cape May County New Jersey | 2 | $ 430,000 | $ 215,000 | $ 121,000 |
| Mercer County New Jersey | 2 | $ 641,000 | $ 320,000 | $ 207,000 |
| Ocean County New Jersey | 2 | $ 630,000 | $ 315,000 | $ 154,000 |
| Warren County New Jersey | 2 | $ 277,000 | $ 138,000 | $ 98,000 |
| Durham County North Carolina | 2 | $ 613,000 | $ 306,000 | $ 118,000 |
| New Hanover County North Carolina | 2 | $ 140,000 | $ 70,000 | $ 83,000 |
| Orange County North Carolina | 2 | $ 102,000 | $ 51,000 | $ 52,000 |
| Florence County South Carolina | 2 | $ 161,000 | $ 80,000 | $ 77,000 |
| Jefferson County Alabama | 1 | $ 135,000 | $ 135,000 | $ 79,000 |
| Maricopa County Arizona | 1 | $ 50,000 | $ 50,000 | $ 126,000 |
| Marin County California | 1 | $ 150,000 | $ 150,000 | $ 160,000 |
| San Diego County California | 1 | $ 350,000 | $ 350,000 | $ 133,000 |
| Solano County California | 1 | $ 568,000 | $ 568,000 | $ 229,000 |
| Boulder County Colorado | 1 | $ 600,000 | $ 600,000 | $ 261,000 |
| Broward County Florida | 1 | $ 104,000 | $ 104,000 | $ 42,000 |
| Collier County Florida | 1 | $ 843,000 | $ 843,000 | $ 1,060,000 |
| Hillsborough County Florida | 1 | $ 102,000 | $ 102,000 | $ 37,000 |
| Manatee County Florida | 1 | $ 150,000 | $ 150,000 | $ 750,000 |
| Marion County Florida | 1 | $ 268,000 | $ 268,000 | $ 362,000 |
| Pike County Georgia | 1 | $ 25,000 | $ 25,000 | $ 49,000 |
| Cook County Illinois | 1 | $ 285,000 | $ 285,000 | $ 160,000 |
| Hamilton County Indiana | 1 | $ 224,000 | $ 224,000 | $ 82,000 |
| Washtenaw County Michigan | 1 | $ 37,000 | $ 37,000 | $ 184,000 |
| Burlington County New Jersey | 1 | $ 326,000 | $ 326,000 | $ 183,000 |
| Gloucester County New Jersey | 1 | $ 252,000 | $ 252,000 | $ 198,000 |
| Hunterdon County New Jersey | 1 | $ 249,000 | $ 249,000 | $ 114,000 |
| Broome County New York | 1 | $ 49,000 | $ 49,000 | $ 229,000 |
| Herkimer County New York | 1 | $ 17,000 | $ 17,000 | $ 53,000 |
| Orange County New York | 1 | $ 150,000 | $ 150,000 | $ 240,000 |
| Queens County New York | 1 | $ 361,000 | $ 361,000 | $ 215,000 |
| Suffolk County New York | 1 | $ 75,000 | $ 75,000 | $ 63,000 |
| Brunswick County North Carolina | 1 | $ 84,000 | $ 84,000 | $ 128,000 |
| Buncombe County North Carolina | 1 | $ 70,000 | $ 70,000 | $ 133,000 |
| Carteret County North Carolina | 1 | $ 108,000 | $ 108,000 | $ 123,000 |
| Forsyth County North Carolina | 1 | $ 12,000 | $ 12,000 | $ 74,000 |
| Granville County North Carolina | 1 | $ 53,000 | $ 53,000 | $ 120,000 |
| Iredell County North Carolina | 1 | $ 158,000 | $ 158,000 | $ 50,000 |
| Person County North Carolina | 1 | $ 120,000 | $ 120,000 | $ 61,000 |
| Robeson County North Carolina | 1 | $ 72,000 | $ 72,000 | $ 13,000 |
| Franklin County Ohio | 1 | $ 75,000 | $ 75,000 | $ 38,000 |
| Monroe County Pennsylvania | 1 | $ 119,000 | $ 119,000 | $ 37,000 |
| Montgomery County Pennsylvania | 1 | $ 150,000 | $ 150,000 | $ 181,000 |
| Philadelphia County Pennsylvania | 1 | $ 50,000 | $ 50,000 | $ 25,000 |
| Beaufort County South Carolina | 1 | $ 380,000 | $ 380,000 | $ 203,000 |
| Marlboro County South Carolina | 1 | $ 12,000 | $ 12,000 | $ 60,000 |
| Rutland County Vermont | 1 | $ 30,000 | $ 30,000 | $ 148,000 |
| Brunswick County Virginia | 1 | $ 34,000 | $ 34,000 | $ 29,000 |
| Loudoun County Virginia | 1 | $ 72,000 | $ 72,000 | $ 197,000 |
| Mecklenburg County Virginia | 1 | $ 100,000 | $ 100,000 | $ 49,000 |
| Prince William County Virginia | 1 | $ 540,000 | $ 540,000 | $ 181,000 |
Mortgage Loan Application Detail Totals for Proponent Federal Credit Union in 2016
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 | 97 | $5,910,000 | $60,000 | $347,000 | $119,000 | $845,000 |
| Refinancing | 96 | $19,868,000 | $206,000 | $1,170,000 | $128,000 | $1,032,000 |
| Home Purchase | 89 | $25,203,000 | $283,000 | $1,400,000 | $141,000 | $1,060,000 |
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 | 146 | $23,721,000 | $162,000 | $1,170,000 | $129,000 | $750,000 |
| Not Provided | 61 | $12,519,000 | $205,000 | $1,110,000 | $121,000 | $1,060,000 |
| Black or African American | 28 | $3,733,000 | $133,000 | $488,000 | $119,000 | $930,000 |
| Hispanic | 22 | $3,669,000 | $166,000 | $523,000 | $147,000 | $845,000 |
| Asian | 15 | $5,556,000 | $370,000 | $1,400,000 | $149,000 | $441,000 |
| Not applicable | 6 | $1,091,000 | $181,000 | $620,000 | $0 | $0 |
| American Indian or Alaskan Native | 4 | $692,000 | $173,000 | $400,000 | $335,000 | $1,032,000 |
| Native Hawaiin or Other Pacific Islander | 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) | 282 | $50,981,000 | $180,000 | $1,400,000 | $129,000 | $1,060,000 |
| 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 | 177 | $31,718,000 | $179,000 | $1,400,000 | $136,000 | $1,060,000 |
| Application Withdrawn By Applicant | 46 | $9,703,000 | $210,000 | $620,000 | $118,000 | $1,032,000 |
| Application Denied By Financial Institution | 29 | $3,789,000 | $130,000 | $523,000 | $123,000 | $930,000 |
| File Closed For Incompleteness | 18 | $2,861,000 | $158,000 | $434,000 | $134,000 | $750,000 |
| Preapproval Denied by Financial Institution | 12 | $2,910,000 | $242,000 | $956,000 | $80,000 | $194,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 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 | 16 | $3,303,000 | $206,000 | $956,000 | $88,000 | $200,000 |
| Debt-To-Income Ratio | 13 | $1,986,000 | $152,000 | $380,000 | $136,000 | $930,000 |
| Collateral | 8 | $405,000 | $50,000 | $150,000 | $105,000 | $173,000 |
| Other | 2 | $478,000 | $239,000 | $333,000 | $110,000 | $186,000 |
| Unverifiable Information | 1 | $110,000 | $110,000 | $110,000 | $91,000 | $91,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $417,000 | $417,000 | $417,000 | $194,000 | $194,000 |
| Mortgage Insurance Denied | 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 Proponent Federal Credit Union's 2016 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.