State Employees Credit Union of MD Mortgage Lending & HMDA Data, 2022

In 2022, State Employees Credit Union of MD of Linthicum, MD reported 8,968 mortgage applications totaling $1.6 billion, down 6% from 2021. The average application was for $173,569, and applicants reported an average income of $143,296. 51% of its applications resulted in an originated loan and 35% were denied. Its largest markets were Baltimore-Columbia-Towson, MD (5,155), Washington-Arlington-Alexandria, DC-VA-MD-WV (1,281) and Washington-Baltimore-Arlington, DC (940) (applications in parentheses).

Mortgage Company & Address State Employees Credit Union of MD
971 Corporate Blvd
Linthicum, MD 21090
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 8,968
Total Mortgage Loan Application Amount $1,556,570,000
Average Mortgage Loan Application Amount $173,569
Highest Mortgage Loan Application Amount $3,185,000
Average Applicant Income $143,296
Highest Applicant Income $5,600,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records State Employees Credit Union of MD filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Totals for State Employees Credit Union of MD by County in 2022

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Baltimore, Maryland 1,657 $ 218,415,000 $ 131,813 $ 130,000
Anne Arundel, Maryland 1,174 $ 181,610,000 $ 154,693 $ 144,000
Baltimore City, Maryland 989 $ 100,855,000 $ 101,976 $ 99,000
Prince George's, Maryland 728 $ 115,530,000 $ 158,695 $ 143,000
Montgomery, Maryland 667 $ 176,995,000 $ 265,359 $ 186,000
Howard, Maryland 656 $ 156,750,000 $ 238,948 $ 198,000
Wicomico, Maryland 352 $ 33,680,000 $ 95,681 $ 93,000
Harford, Maryland 311 $ 43,855,000 $ 141,012 $ 145,000
Frederick, Maryland 273 $ 49,205,000 $ 180,238 $ 151,000
Carroll, Maryland 240 $ 34,370,000 $ 143,208 $ 135,000
Washington, Maryland 174 $ 19,020,000 $ 109,310 $ 99,000
Fairfax, Virginia 158 $ 81,160,000 $ 513,670 $ 250,000
Worcester, Maryland 156 $ 22,490,000 $ 144,166 $ 144,000
Queen Anne's, Maryland 128 $ 20,900,000 $ 163,281 $ 159,000
Sussex, Delaware 103 $ 21,645,000 $ 210,145 $ 169,000
District of Columbia, District Of Columbia 98 $ 42,740,000 $ 436,122 $ 218,000
Dorchester, Maryland 81 $ 7,135,000 $ 88,086 $ 106,000
Allegany, Maryland 80 $ 6,190,000 $ 77,375 $ 82,000
Charles, Maryland 79 $ 13,125,000 $ 166,139 $ 133,000
York, Pennsylvania 71 $ 9,835,000 $ 138,521 $ 113,000
Loudoun, Virginia 71 $ 41,295,000 $ 581,619 $ 233,000
Somerset, Maryland 53 $ 3,605,000 $ 68,018 $ 82,000
Calvert, Maryland 51 $ 7,885,000 $ 154,607 $ 151,000
Talbot, Maryland 49 $ 9,245,000 $ 188,673 $ 150,000
Berkeley, West Virginia 45 $ 6,335,000 $ 140,777 $ 111,000
Caroline, Maryland 40 $ 6,420,000 $ 160,500 $ 96,000
Prince William, Virginia 35 $ 13,995,000 $ 399,857 $ 208,000
Cecil, Maryland 29 $ 3,755,000 $ 129,482 $ 142,000
Philadelphia, Pennsylvania 29 $ 12,825,000 $ 442,241 $ 207,000
Kent, Maryland 24 $ 2,650,000 $ 110,416 $ 119,000
Arlington, Virginia 18 $ 9,670,000 $ 537,222 $ 193,000
New Castle, Delaware 15 $ 3,465,000 $ 231,000 $ 176,000
St. Mary's, Maryland 15 $ 2,605,000 $ 173,666 $ 150,000
Garrett, Maryland 14 $ 2,980,000 $ 212,857 $ 109,000
Franklin, Pennsylvania 14 $ 1,450,000 $ 103,571 $ 104,000
Kent, Delaware 13 $ 2,065,000 $ 158,846 $ 128,000
Montgomery, Pennsylvania 13 $ 5,105,000 $ 392,692 $ 234,000
Jefferson, West Virginia 13 $ 1,395,000 $ 107,307 $ 84,000
Alexandria, Virginia 9 $ 4,365,000 $ 485,000 $ 215,000
Henrico, Virginia 8 $ 2,720,000 $ 340,000 $ 207,000
Stafford, Virginia 8 $ 3,470,000 $ 433,750 $ 178,000
Chester, Pennsylvania 7 $ 2,665,000 $ 380,714 $ 246,000
Delaware, Pennsylvania 7 $ 2,925,000 $ 417,857 $ 183,000
Fulton, Pennsylvania 7 $ 765,000 $ 109,285 $ 112,000
Morgan, West Virginia 7 $ 1,145,000 $ 163,571 $ 93,000
Wake, North Carolina 6 $ 630,000 $ 105,000 $ 86,000
Spotsylvania, Virginia 6 $ 1,460,000 $ 243,333 $ 120,000
Accomack, Virginia 5 $ 555,000 $ 111,000 $ 107,000
Albemarle, Virginia 5 $ 2,985,000 $ 597,000 $ 259,000
Frederick, Virginia 5 $ 655,000 $ 131,000 $ 90,000
Virginia Beach, Virginia 5 $ 1,605,000 $ 321,000 $ 215,000
Adams, Pennsylvania 4 $ 950,000 $ 237,500 $ 218,000
Bedford, Pennsylvania 4 $ 310,000 $ 77,500 $ 93,000
Bucks, Pennsylvania 4 $ 2,810,000 $ 702,500 $ 285,000
Somerset, Pennsylvania 4 $ 210,000 $ 52,500 $ 86,000
Chesterfield, Virginia 4 $ 1,420,000 $ 355,000 $ 171,000
Northumberland, Virginia 4 $ 2,480,000 $ 620,000 $ 287,000
Richmond City, Virginia 4 $ 2,360,000 $ 590,000 $ 101,000
Mineral, West Virginia 4 $ 170,000 $ 42,500 $ 64,000
Mecklenburg, North Carolina 3 $ 385,000 $ 128,333 $ 89,000
Allegheny, Pennsylvania 3 $ 1,135,000 $ 378,333 $ 178,000
Dauphin, Pennsylvania 3 $ 695,000 $ 231,666 $ 134,000
Lebanon, Pennsylvania 3 $ 185,000 $ 61,666 $ 31,000
Halifax, Virginia 3 $ 125,000 $ 41,666 $ 50,000
Norfolk, Virginia 3 $ 195,000 $ 65,000 $ 69,000
Northampton, Virginia 3 $ 1,165,000 $ 388,333 $ 213,000
Portsmouth, Virginia 3 $ 255,000 $ 85,000 $ 52,000
Gwinnett, Georgia 2 $ 230,000 $ 115,000 $ 119,000
Marion, Indiana 2 $ 70,000 $ 35,000 $ 63,000
Cumberland, Pennsylvania 2 $ 90,000 $ 45,000 $ 72,000
Lancaster, Pennsylvania 2 $ 120,000 $ 60,000 $ 94,000
Luzerne, Pennsylvania 2 $ 390,000 $ 195,000 $ 175,000
Monroe, Pennsylvania 2 $ 430,000 $ 215,000 $ 133,000
Northampton, Pennsylvania 2 $ 1,020,000 $ 510,000 $ 201,000
Denton, Texas 2 $ 230,000 $ 115,000 $ 201,000
Bath, Virginia 2 $ 180,000 $ 90,000 $ 135,000
Chesapeake, Virginia 2 $ 950,000 $ 475,000 $ 134,000
Fairfax City, Virginia 2 $ 1,590,000 $ 795,000 $ 185,000
Fauquier, Virginia 2 $ 1,210,000 $ 605,000 $ 206,000
King George, Virginia 2 $ 460,000 $ 230,000 $ 61,000
Westmoreland, Virginia 2 $ 280,000 $ 140,000 $ 66,000
Hampshire, West Virginia 2 $ 160,000 $ 80,000 $ 34,000
Los Angeles, California 1 $ 205,000 $ 205,000 $ 150,000
Nevada, California 1 $ 55,000 $ 55,000 $ 173,000
Orange, California 1 $ 445,000 $ 445,000 $ 310,000
San Mateo, California 1 $ 155,000 $ 155,000 $ 501,000
Santa Clara, California 1 $ 505,000 $ 505,000 $ 300,000
Sonoma, California 1 $ 55,000 $ 55,000 $ 200,000
Boulder, Colorado 1 $ 25,000 $ 25,000 $ 120,000
Fairfield, Connecticut 1 $ 65,000 $ 65,000 $ 318,000
Hartford, Connecticut 1 $ 55,000 $ 55,000 $ 170,000
Alachua, Florida 1 $ 75,000 $ 75,000 $ 115,000
Miami-Dade, Florida 1 $ 185,000 $ 185,000 $ 166,000
Okaloosa, Florida 1 $ 55,000 $ 55,000 $ 110,000
Orange, Florida 1 $ 55,000 $ 55,000 $ 250,000
Palm Beach, Florida 1 $ 45,000 $ 45,000 $ 220,000
St. Lucie, Florida 1 $ 15,000 $ 15,000 $ 39,000
Clarke, Georgia 1 $ 35,000 $ 35,000 $ 34,000
Fannin, Georgia 1 $ 55,000 $ 55,000 $ 181,000
Fulton, Georgia 1 $ 35,000 $ 35,000 $ 114,000
Henry, Georgia 1 $ 55,000 $ 55,000 $ 121,000
Honolulu, Hawaii 1 $ 105,000 $ 105,000 $ 120,000
Delaware, Indiana 1 $ 205,000 $ 205,000 $ 105,000
Ionia, Michigan 1 $ 35,000 $ 35,000 $ 63,000
Harrison, Mississippi 1 $ 105,000 $ 105,000 $ 119,000
Burlington, New Jersey 1 $ 85,000 $ 85,000 $ 93,000
Mercer, New Jersey 1 $ 25,000 $ 25,000 $ 223,000
Union, New Jersey 1 $ 35,000 $ 35,000 $ 122,000
New York, New York 1 $ 705,000 $ 705,000 $ 90,000
Cumberland, North Carolina 1 $ 185,000 $ 185,000 $ 27,000
Dare, North Carolina 1 $ 25,000 $ 25,000 $ 50,000
Durham, North Carolina 1 $ 305,000 $ 305,000 $ 184,000
Forsyth, North Carolina 1 $ 55,000 $ 55,000 $ 114,000
Hoke, North Carolina 1 $ 45,000 $ 45,000 $ 135,000
Johnston, North Carolina 1 $ 45,000 $ 45,000 $ 60,000
New Hanover, North Carolina 1 $ 105,000 $ 105,000 $ 78,000
Pitt, North Carolina 1 $ 95,000 $ 95,000 $ 75,000
Watauga, North Carolina 1 $ 55,000 $ 55,000 $ 55,000
Gallia, Ohio 1 $ 15,000 $ 15,000 $ 35,000
Custer, Oklahoma 1 $ 25,000 $ 25,000 $ 75,000
Berks, Pennsylvania 1 $ 35,000 $ 35,000 $ 100,000
Butler, Pennsylvania 1 $ 655,000 $ 655,000 $ 310,000
Cambria, Pennsylvania 1 $ 85,000 $ 85,000 $ 44,000
Carbon, Pennsylvania 1 $ 275,000 $ 275,000 $ 189,000
Fayette, Pennsylvania 1 $ 45,000 $ 45,000 $ 82,000
Lehigh, Pennsylvania 1 $ 855,000 $ 855,000 $ 395,000
Union, Pennsylvania 1 $ 345,000 $ 345,000 $ 95,000
Washington, Pennsylvania 1 $ 45,000 $ 45,000 $ 88,000
Horry, South Carolina 1 $ 55,000 $ 55,000 $ 58,000
Jefferson, Tennessee 1 $ 205,000 $ 205,000 $ 175,000
Collin, Texas 1 $ 255,000 $ 255,000 $ 640,000
Tarrant, Texas 1 $ 105,000 $ 105,000 $ 170,000
Amelia, Virginia 1 $ 65,000 $ 65,000 $ 173,000
Carroll, Virginia 1 $ 415,000 $ 415,000 $ 129,000
Clarke, Virginia 1 $ 205,000 $ 205,000 $ 196,000
Colonial Heights, Virginia 1 $ 155,000 $ 155,000 $ 386,000
Culpeper, Virginia 1 $ 375,000 $ 375,000 $ 110,000
Cumberland, Virginia 1 $ 495,000 $ 495,000 $ 309,000
Franklin, Virginia 1 $ 245,000 $ 245,000 $ 55,000
Goochland, Virginia 1 $ 735,000 $ 735,000 $ 273,000
Greensville, Virginia 1 $ 95,000 $ 95,000 $ 15,000
Hanover, Virginia 1 $ 345,000 $ 345,000 $ 91,000
James City, Virginia 1 $ 455,000 $ 455,000 $ 140,000
Lancaster, Virginia 1 $ 105,000 $ 105,000 $ 260,000
Lexington, Virginia 1 $ 45,000 $ 45,000 $ 43,000
Louisa, Virginia 1 $ 715,000 $ 715,000 $ 320,000
Manassas, Virginia 1 $ 285,000 $ 285,000 $ 268,000
Newport News, Virginia 1 $ 1,005,000 $ 1,005,000 $ 244,000
Orange, Virginia 1 $ 765,000 $ 765,000 $ 345,000
Petersburg, Virginia 1 $ 85,000 $ 85,000 $ 50,000
Richmond, Virginia 1 $ 105,000 $ 105,000 $ 151,000
Roanoke, Virginia 1 $ 595,000 $ 595,000 $ 162,000
Roanoke City, Virginia 1 $ 25,000 $ 25,000 $ 22,000
Rockingham, Virginia 1 $ 275,000 $ 275,000 $ 78,000
Scott, Virginia 1 $ 115,000 $ 115,000 $ 83,000
Shenandoah, Virginia 1 $ 375,000 $ 375,000 $ 101,000
York, Virginia 1 $ 55,000 $ 55,000 $ 154,000
Snohomish, Washington 1 $ 35,000 $ 35,000 $ 200,000
Calhoun, West Virginia 1 $ 125,000 $ 125,000 $ 73,000
Hardy, West Virginia 1 $ 55,000 $ 55,000 $ 68,000
Harrison, West Virginia 1 $ 15,000 $ 15,000 $ 29,000
Marion, West Virginia 1 $ 15,000 $ 15,000 $ 110,000
Preston, West Virginia 1 $ 345,000 $ 345,000 $ 81,000

Mortgage Loan Application Detail Totals for State Employees Credit Union of MD in 2022

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 4,828 $425,230,000 $88,000 $805,000 $143,000 $5,600,000
Home Purchase 1,399 $629,205,000 $449,000 $3,185,000 $173,000 $4,688,000
Cash-out Refinancing 1,264 $288,550,000 $228,000 $1,875,000 $133,000 $903,000
Home Improvement 999 $80,215,000 $80,000 $505,000 $123,000 $1,980,000
Refinancing 478 $133,370,000 $279,000 $1,655,000 $129,000 $689,000
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 3,638 $591,260,000 $162,000 $1,875,000 $149,000 $3,163,000
Black or African American 2,438 $317,340,000 $130,000 $2,005,000 $127,000 $5,600,000
Not Provided 1,730 $367,950,000 $212,000 $1,625,000 $138,000 $869,000
Asian 694 $196,740,000 $283,000 $1,835,000 $188,000 $941,000
Hispanic 377 $54,185,000 $143,000 $1,245,000 $129,000 $1,440,000
American Indian or Alaskan Native 39 $5,665,000 $145,000 $705,000 $127,000 $340,000
Not applicable 22 $12,400,000 $563,000 $3,185,000 $0 $0
Native Hawaiian or Other Pacific Islander 14 $1,080,000 $77,000 $245,000 $106,000 $335,000

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) 8,723 $1,489,255,000 $170,000 $3,185,000 $145,000 $5,600,000
FHA-insured (Federal Housing Administration) 223 $62,095,000 $278,000 $925,000 $91,000 $317,000
VA-guaranteed (Veterans Administration) 19 $4,845,000 $255,000 $555,000 $86,000 $218,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $375,000 $125,000 $195,000 $44,000 $57,000

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 4,552 $972,330,000 $213,000 $3,185,000 $157,000 $3,163,000
Application Denied By Financial Institution 3,167 $308,205,000 $97,000 $1,665,000 $120,000 $5,600,000
Application Withdrawn By Applicant 1,135 $256,235,000 $225,000 $2,005,000 $156,000 $4,688,000
Application Approved But Not Accepted 92 $12,790,000 $139,000 $905,000 $113,000 $333,000
File Closed For Incompleteness 22 $7,010,000 $318,000 $735,000 $149,000 $500,000
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
Not applicable 5,801 $1,248,365,000 $215,000 $3,185,000 $156,000 $4,688,000
Debt-To-Income Ratio 1,229 $129,915,000 $105,000 $1,665,000 $91,000 $433,000
Credit History 899 $74,525,000 $82,000 $705,000 $133,000 $5,600,000
Collateral 612 $53,000,000 $86,000 $515,000 $142,000 $808,000
Credit Application Incomplete 321 $34,935,000 $108,000 $935,000 $141,000 $687,000
Other 48 $4,390,000 $91,000 $335,000 $132,000 $347,000
Unverifiable Information 46 $8,780,000 $190,000 $1,625,000 $167,000 $800,000
Insufficient Cash (Downpayment, Closing Cost) 8 $2,480,000 $310,000 $705,000 $99,000 $146,000
Employment History 3 $125,000 $41,000 $55,000 $38,000 $59,000
Mortgage Insurance Denied 1 $55,000 $55,000 $55,000 $40,000 $40,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into State Employees Credit Union of MD's 2022 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 State Employees Credit Union of MD'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.
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