Proponent Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Proponent Federal Credit Union 2023 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 | 655 |
| Total Mortgage Loan Application Amount | $96,265,000 |
| Average Mortgage Loan Application Amount | $214,000 |
| Highest Mortgage Loan Application Amount | $3,605,000 |
| Average Applicant Income | $134,200 |
| Highest Applicant Income | $809,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 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 2023 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 2023.
| 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 | 124 | $ 18,230,000 | $ 147,000 | $ 141,000 |
| Alamance County North Carolina | 93 | $ 8,095,000 | $ 87,000 | $ 94,000 |
| Bergen County New Jersey | 36 | $ 5,720,000 | $ 158,000 | $ 189,000 |
| Guilford County North Carolina | 32 | $ 3,270,000 | $ 102,000 | $ 92,000 |
| Morris County New Jersey | 26 | $ 5,120,000 | $ 196,000 | $ 182,000 |
| Passaic County New Jersey | 25 | $ 3,115,000 | $ 124,000 | $ 124,000 |
| Union County New Jersey | 20 | $ 2,130,000 | $ 106,000 | $ 144,000 |
| Monmouth County New Jersey | 14 | $ 4,200,000 | $ 300,000 | $ 135,000 |
| Somerset County New Jersey | 14 | $ 2,210,000 | $ 157,000 | $ 137,000 |
| Wake County North Carolina | 13 | $ 3,205,000 | $ 246,000 | $ 142,000 |
| Middlesex County New Jersey | 12 | $ 1,690,000 | $ 140,000 | $ 149,000 |
| Hudson County New Jersey | 10 | $ 1,380,000 | $ 138,000 | $ 170,000 |
| Burlington County New Jersey | 9 | $ 925,000 | $ 102,000 | $ 106,000 |
| Hunterdon County New Jersey | 8 | $ 1,080,000 | $ 135,000 | $ 124,000 |
| Sussex County New Jersey | 7 | $ 685,000 | $ 97,000 | $ 129,000 |
| Warren County New Jersey | 7 | $ 645,000 | $ 92,000 | $ 102,000 |
| Ocean County New Jersey | 6 | $ 570,000 | $ 95,000 | $ 95,000 |
| Broward County Florida | 5 | $ 845,000 | $ 169,000 | $ 138,000 |
| Maricopa County Arizona | 4 | $ 820,000 | $ 205,000 | $ 203,000 |
| Alameda County California | 4 | $ 510,000 | $ 127,000 | $ 187,000 |
| Hillsborough County Florida | 4 | $ 1,080,000 | $ 270,000 | $ 155,000 |
| Sarasota County Florida | 4 | $ 580,000 | $ 145,000 | $ 280,000 |
| Cook County Illinois | 4 | $ 670,000 | $ 167,000 | $ 151,000 |
| Chatham County North Carolina | 4 | $ 360,000 | $ 90,000 | $ 78,000 |
| Durham County North Carolina | 4 | $ 230,000 | $ 57,000 | $ 95,000 |
| Granville County North Carolina | 4 | $ 290,000 | $ 72,000 | $ 108,000 |
| Mecklenburg County North Carolina | 4 | $ 670,000 | $ 167,000 | $ 211,000 |
| Bucks County Pennsylvania | 4 | $ 790,000 | $ 197,000 | $ 102,000 |
| Northampton County Pennsylvania | 4 | $ 270,000 | $ 67,000 | $ 88,000 |
| Placer County California | 3 | $ 115,000 | $ 38,000 | $ 357,000 |
| Rockdale County Georgia | 3 | $ 75,000 | $ 25,000 | $ 45,000 |
| Baltimore County Maryland | 3 | $ 545,000 | $ 181,000 | $ 98,000 |
| Middlesex County Massachusetts | 3 | $ 795,000 | $ 265,000 | $ 225,000 |
| Mercer County New Jersey | 3 | $ 875,000 | $ 291,000 | $ 212,000 |
| Orange County North Carolina | 3 | $ 515,000 | $ 171,000 | $ 63,000 |
| Pender County North Carolina | 3 | $ 185,000 | $ 61,000 | $ 40,000 |
| Union County North Carolina | 3 | $ 245,000 | $ 81,000 | $ 63,000 |
| Monroe County Pennsylvania | 3 | $ 235,000 | $ 78,000 | $ 155,000 |
| Philadelphia County Pennsylvania | 3 | $ 1,015,000 | $ 338,000 | $ 164,000 |
| Lancaster County South Carolina | 3 | $ 625,000 | $ 208,000 | $ 130,000 |
| Yavapai County Arizona | 2 | $ 50,000 | $ 25,000 | $ 75,000 |
| Riverside County California | 2 | $ 250,000 | $ 125,000 | $ 151,000 |
| Fairfield County Connecticut | 2 | $ 530,000 | $ 265,000 | $ 201,000 |
| Lake County Florida | 2 | $ 80,000 | $ 40,000 | $ 189,000 |
| Palm Beach County Florida | 2 | $ 210,000 | $ 105,000 | $ 73,000 |
| Pasco County Florida | 2 | $ 100,000 | $ 50,000 | $ 91,000 |
| Pinellas County Florida | 2 | $ 3,730,000 | $ 1,865,000 | $ 518,000 |
| Gwinnett County Georgia | 2 | $ 280,000 | $ 140,000 | $ 122,000 |
| Kane County Illinois | 2 | $ 1,070,000 | $ 535,000 | $ 213,000 |
| Clark County Nevada | 2 | $ 80,000 | $ 40,000 | $ 63,000 |
| Brunswick County North Carolina | 2 | $ 280,000 | $ 140,000 | $ 111,000 |
| Randolph County North Carolina | 2 | $ 290,000 | $ 145,000 | $ 75,000 |
| Mercer County Ohio | 2 | $ 770,000 | $ 385,000 | $ 259,000 |
| Delaware County Pennsylvania | 2 | $ 480,000 | $ 240,000 | $ 100,000 |
| Pike County Pennsylvania | 2 | $ 150,000 | $ 75,000 | $ 105,000 |
| Wayne County Pennsylvania | 2 | $ 750,000 | $ 375,000 | $ 246,000 |
| York County Pennsylvania | 2 | $ 250,000 | $ 125,000 | $ 423,000 |
| Halifax County Virginia | 2 | $ 60,000 | $ 30,000 | $ 65,000 |
| Clark County Washington | 2 | $ 250,000 | $ 125,000 | $ 126,000 |
| King County Washington | 2 | $ 680,000 | $ 340,000 | $ 203,000 |
| Houston County Alabama | 1 | $ 65,000 | $ 65,000 | $ 147,000 |
| Madison County Alabama | 1 | $ 55,000 | $ 55,000 | $ 41,000 |
| Shelby County Alabama | 1 | $ 305,000 | $ 305,000 | $ 225,000 |
| Mohave County Arizona | 1 | $ 15,000 | $ 15,000 | $ 99,000 |
| Pima County Arizona | 1 | $ 115,000 | $ 115,000 | $ 65,000 |
| Pinal County Arizona | 1 | $ 55,000 | $ 55,000 | $ 96,000 |
| Los Angeles County California | 1 | $ 205,000 | $ 205,000 | $ 161,000 |
| Nevada County California | 1 | $ 55,000 | $ 55,000 | $ 160,000 |
| San Bernardino County California | 1 | $ 145,000 | $ 145,000 | $ 192,000 |
| San Diego County California | 1 | $ 75,000 | $ 75,000 | $ 100,000 |
| San Francisco County California | 1 | $ 505,000 | $ 505,000 | $ 762,000 |
| Arapahoe County Colorado | 1 | $ 105,000 | $ 105,000 | $ 83,000 |
| Douglas County Colorado | 1 | $ 125,000 | $ 125,000 | $ 200,000 |
| New Castle County Delaware | 1 | $ 45,000 | $ 45,000 | $ 30,000 |
| Sussex County Delaware | 1 | $ 285,000 | $ 285,000 | $ 186,000 |
| Brevard County Florida | 1 | $ 75,000 | $ 75,000 | $ 137,000 |
| Collier County Florida | 1 | $ 355,000 | $ 355,000 | $ 364,000 |
| Duval County Florida | 1 | $ 45,000 | $ 45,000 | $ 59,000 |
| Lee County Florida | 1 | $ 285,000 | $ 285,000 | $ 79,000 |
| Manatee County Florida | 1 | $ 55,000 | $ 55,000 | $ 50,000 |
| Marion County Florida | 1 | $ 105,000 | $ 105,000 | $ 181,000 |
| Orange County Florida | 1 | $ 95,000 | $ 95,000 | $ 156,000 |
| Volusia County Florida | 1 | $ 25,000 | $ 25,000 | $ 53,000 |
| Chatham County Georgia | 1 | $ 95,000 | $ 95,000 | $ 111,000 |
| DeKalb County Georgia | 1 | $ 205,000 | $ 205,000 | $ 345,000 |
| Dougherty County Georgia | 1 | $ 45,000 | $ 45,000 | $ 124,000 |
| Fulton County Georgia | 1 | $ 15,000 | $ 15,000 | $ 260,000 |
| Jackson County Georgia | 1 | $ 55,000 | $ 55,000 | $ 73,000 |
| Jeff Davis County Georgia | 1 | $ 35,000 | $ 35,000 | $ 48,000 |
| McHenry County Illinois | 1 | $ 55,000 | $ 55,000 | $ 100,000 |
| Hendricks County Indiana | 1 | $ 75,000 | $ 75,000 | $ 90,000 |
| Marion County Indiana | 1 | $ 25,000 | $ 25,000 | $ 83,000 |
| Douglas County Kansas | 1 | $ 55,000 | $ 55,000 | $ 208,000 |
| Fayette County Kentucky | 1 | $ 355,000 | $ 355,000 | $ 450,000 |
| Jefferson County Louisiana | 1 | $ 85,000 | $ 85,000 | $ 225,000 |
| Bristol County Massachusetts | 1 | $ 55,000 | $ 55,000 | $ 133,000 |
| Hennepin County Minnesota | 1 | $ 55,000 | $ 55,000 | $ 149,000 |
| Olmsted County Minnesota | 1 | $ 585,000 | $ 585,000 | $ 219,000 |
| Harrison County Mississippi | 1 | $ 115,000 | $ 115,000 | $ 66,000 |
| Marshall County Mississippi | 1 | $ 65,000 | $ 65,000 | $ 45,000 |
| Douglas County Nebraska | 1 | $ 575,000 | $ 575,000 | $ 232,000 |
| Erie County New York | 1 | $ 185,000 | $ 185,000 | $ 118,000 |
| Nassau County New York | 1 | $ 785,000 | $ 785,000 | $ 610,000 |
| Sullivan County New York | 1 | $ 105,000 | $ 105,000 | $ 115,000 |
| Burke County North Carolina | 1 | $ 95,000 | $ 95,000 | $ 217,000 |
| Caswell County North Carolina | 1 | $ 125,000 | $ 125,000 | $ 67,000 |
| Forsyth County North Carolina | 1 | $ 225,000 | $ 225,000 | $ 62,000 |
| Johnston County North Carolina | 1 | $ 55,000 | $ 55,000 | $ 91,000 |
| Onslow County North Carolina | 1 | $ 35,000 | $ 35,000 | $ 82,000 |
| Rockingham County North Carolina | 1 | $ 35,000 | $ 35,000 | $ 100,000 |
| Wilkes County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 62,000 |
| Guernsey County Ohio | 1 | $ 75,000 | $ 75,000 | $ 189,000 |
| Summit County Ohio | 1 | $ 65,000 | $ 65,000 | $ 118,000 |
| Tuscarawas County Ohio | 1 | $ 55,000 | $ 55,000 | $ 62,000 |
| Warren County Ohio | 1 | $ 15,000 | $ 15,000 | $ 80,000 |
| Washington County Ohio | 1 | $ 185,000 | $ 185,000 | $ 148,000 |
| Douglas County Oregon | 1 | $ 105,000 | $ 105,000 | $ 165,000 |
| Multnomah County Oregon | 1 | $ 135,000 | $ 135,000 | $ 77,000 |
| Chester County Pennsylvania | 1 | $ 145,000 | $ 145,000 | $ 112,000 |
| Lackawanna County Pennsylvania | 1 | $ 95,000 | $ 95,000 | $ 60,000 |
| Lawrence County Pennsylvania | 1 | $ 135,000 | $ 135,000 | $ 108,000 |
| Lehigh County Pennsylvania | 1 | $ 65,000 | $ 65,000 | $ 151,000 |
| Montgomery County Pennsylvania | 1 | $ 65,000 | $ 65,000 | $ 154,000 |
| Marion County South Carolina | 1 | $ 85,000 | $ 85,000 | $ 36,000 |
| York County South Carolina | 1 | $ 165,000 | $ 165,000 | $ 183,000 |
| Blount County Tennessee | 1 | $ 505,000 | $ 505,000 | $ 200,000 |
| Lawrence County Tennessee | 1 | $ 95,000 | $ 95,000 | $ 40,000 |
| Rockwall County Texas | 1 | $ 645,000 | $ 645,000 | $ 203,000 |
| Orleans County Vermont | 1 | $ 65,000 | $ 65,000 | $ 38,000 |
| Fairfax County Virginia | 1 | $ 405,000 | $ 405,000 | $ 438,000 |
| Henrico County Virginia | 1 | $ 35,000 | $ 35,000 | $ 95,000 |
| Lynchburg County Virginia | 1 | $ 165,000 | $ 165,000 | $ 111,000 |
| Mecklenburg County Virginia | 1 | $ 55,000 | $ 55,000 | $ 65,000 |
| Klickitat County Washington | 1 | $ 205,000 | $ 205,000 | $ 216,000 |
| Spokane County Washington | 1 | $ 205,000 | $ 205,000 | $ 205,000 |
| Cabell County West Virginia | 1 | $ 55,000 | $ 55,000 | $ 67,000 |
| Fayette County West Virginia | 1 | $ 15,000 | $ 15,000 | $ 29,000 |
Mortgage Loan Application Detail Totals for Proponent Federal Credit Union in 2023
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 |
|---|---|---|---|---|---|---|
| Other Purpose | 218 | $21,480,000 | $98,000 | $505,000 | $132,000 | $450,000 |
| Home Improvement | 199 | $17,345,000 | $87,000 | $785,000 | $132,000 | $762,000 |
| Refinancing | 146 | $18,890,000 | $129,000 | $725,000 | $135,000 | $431,000 |
| Home Purchase | 81 | $34,975,000 | $431,000 | $3,605,000 | $176,000 | $809,000 |
| Cash-out Refinancing | 11 | $3,575,000 | $325,000 | $1,605,000 | $96,000 | $229,000 |
| Not Applicable | 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 | 322 | $44,560,000 | $138,000 | $3,605,000 | $135,000 | $809,000 |
| Black or African American | 127 | $14,775,000 | $116,000 | $765,000 | $121,000 | $500,000 |
| Not Provided | 82 | $11,690,000 | $142,000 | $775,000 | $135,000 | $762,000 |
| Hispanic | 61 | $7,945,000 | $130,000 | $505,000 | $129,000 | $431,000 |
| Asian | 46 | $10,560,000 | $229,000 | $1,095,000 | $188,000 | $610,000 |
| American Indian or Alaskan Native | 2 | $680,000 | $340,000 | $605,000 | $77,000 | $104,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 655 | $96,265,000 | $146,000 | $3,605,000 | $138,000 | $809,000 |
| 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 | 377 | $55,245,000 | $146,000 | $3,605,000 | $147,000 | $809,000 |
| Application Denied By Financial Institution | 150 | $18,700,000 | $124,000 | $605,000 | $118,000 | $762,000 |
| Application Withdrawn By Applicant | 113 | $20,975,000 | $185,000 | $1,095,000 | $135,000 | $355,000 |
| Application Approved But Not Accepted | 15 | $1,345,000 | $89,000 | $355,000 | $127,000 | $450,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 505 | $77,565,000 | $153,000 | $3,605,000 | $144,000 | $809,000 |
| Debt-To-Income Ratio | 56 | $7,240,000 | $129,000 | $505,000 | $96,000 | $762,000 |
| Credit History | 52 | $4,730,000 | $90,000 | $335,000 | $104,000 | $375,000 |
| Other | 29 | $4,315,000 | $148,000 | $415,000 | $167,000 | $500,000 |
| Collateral | 10 | $1,770,000 | $177,000 | $605,000 | $171,000 | $423,000 |
| Credit Application Incomplete | 1 | $175,000 | $175,000 | $175,000 | $52,000 | $52,000 |
| Unverifiable Information | 1 | $285,000 | $285,000 | $285,000 | $175,000 | $175,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $185,000 | $185,000 | $185,000 | $118,000 | $118,000 |
| Mortgage Insurance Denied | 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 2023 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.