State Departmenet Federal Credit Union Mortgage Lending & HMDA Data, 2016
In 2016, State Departmenet Federal Credit Union of Alexandria, VA reported 835 mortgage applications totaling $180.8 million, up 16% from 2015. The average application was for $216,549, and applicants reported an average income of $133,384. 56% of its applications resulted in an originated loan and 14% were denied. Its largest markets were Washington-Arlington-Alexandria, DC-VA-MD-WV (386), Silver Spring-Frederick-Rockville, MD (65) and Baltimore-Columbia-Towson, MD (33) (applications in parentheses).
| Mortgage Company & Address | State Departmenet Federal Credit Union 1630 King Street Alexandria, VA 22314 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 | 835 |
| Total Mortgage Loan Application Amount | $180,819,000 |
| Average Mortgage Loan Application Amount | $216,549 |
| Highest Mortgage Loan Application Amount | $1,100,000 |
| Average Applicant Income | $133,384 |
| Highest Applicant Income | $611,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records State Departmenet Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 386 | $ 79,684,000 | $ 206,435 | $ 143,932 |
| Silver Spring-Frederick-Rockville, MD | 65 | $ 15,282,000 | $ 235,107 | $ 161,000 |
| Baltimore-Columbia-Towson, MD | 33 | $ 8,529,000 | $ 258,454 | $ 135,000 |
| Atlanta-Sandy Springs-Roswell, GA | 18 | $ 7,281,000 | $ 404,500 | $ 89,000 |
| Charlotte-Concord-Gastonia, NC-SC | 12 | $ 6,371,000 | $ 530,916 | $ 59,583 |
| Tampa-St. Petersburg-Clearwater, FL | 11 | $ 1,796,000 | $ 163,272 | $ 97,000 |
| Charleston-North Charleston, SC | 9 | $ 2,914,000 | $ 323,777 | $ 68,000 |
| Orlando-Kissimmee-Sanford, FL | 9 | $ 2,432,000 | $ 270,222 | $ 106,000 |
| Phoenix-Mesa-Scottsdale, AZ | 9 | $ 1,415,000 | $ 157,222 | $ 125,000 |
| Miami-Miami Beach-Kendall, FL | 8 | $ 1,304,000 | $ 163,000 | $ 157,000 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 8 | $ 3,668,000 | $ 458,500 | $ 77,000 |
| New York-Jersey City-White Plains, NY-NJ | 8 | $ 1,392,000 | $ 174,000 | $ 173,125 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 7 | $ 1,694,000 | $ 242,000 | $ 125,000 |
| Denver-Aurora-Lakewood, CO | 6 | $ 1,986,000 | $ 331,000 | $ 105,000 |
| Houston-The Woodlands-Sugar Land, TX | 6 | $ 802,000 | $ 133,666 | $ 118,000 |
| Riverside-San Bernardino-Ontario, CA | 6 | $ 1,074,000 | $ 179,000 | $ 166,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 6 | $ 1,119,000 | $ 186,500 | $ 129,000 |
| Charlottesville, VA | 5 | $ 625,000 | $ 125,000 | $ 176,000 |
| Las Vegas-Henderson-Paradise, NV | 5 | $ 659,000 | $ 131,800 | $ 90,000 |
| Richmond, VA | 5 | $ 984,000 | $ 196,800 | $ 89,000 |
| Crestview-Fort Walton Beach-Destin, FL | 4 | $ 391,000 | $ 97,750 | $ 144,000 |
| Los Angeles-Long Beach-Glendale, CA | 4 | $ 390,000 | $ 97,500 | $ 161,000 |
| North Port-Sarasota-Bradenton, FL | 4 | $ 1,061,000 | $ 265,250 | $ 88,000 |
| Seattle-Bellevue-Everett, WA | 4 | $ 745,000 | $ 186,250 | $ 158,000 |
| Boston, MA | 3 | $ 579,000 | $ 193,000 | $ 172,000 |
| Cambridge-Newton-Framingham, MA | 3 | $ 341,000 | $ 113,666 | $ 85,000 |
| Chicago-Naperville-Arlington Heights, IL | 3 | $ 506,000 | $ 168,666 | $ 53,000 |
| Dallas-Plano-Irving, TX | 3 | $ 960,000 | $ 320,000 | $ 92,000 |
| Montgomery County-Bucks County-Chester County, PA | 3 | $ 1,803,000 | $ 601,000 | $ 66,000 |
| New Haven-Milford, CT | 3 | $ 377,000 | $ 125,666 | $ 117,000 |
| New Orleans-Metairie, LA | 3 | $ 379,000 | $ 126,333 | $ 132,000 |
| Oakland-Hayward-Berkeley, CA | 3 | $ 410,000 | $ 136,666 | $ 176,000 |
| Salisbury, MD-DE | 3 | $ 874,000 | $ 291,333 | $ 139,000 |
| Urban Honolulu, HI | 3 | $ 599,000 | $ 199,666 | $ 124,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 3 | $ 811,000 | $ 270,333 | $ 140,000 |
| Asheville, NC | 2 | $ 433,000 | $ 216,500 | $ 163,000 |
| Athens-Clarke County, GA | 2 | $ 815,000 | $ 407,500 | $ 188,000 |
| Barnstable Town, MA | 2 | $ 302,000 | $ 151,000 | $ 101,000 |
| Birmingham-Hoover, AL | 2 | $ 728,000 | $ 364,000 | $ 60,000 |
| Bridgeport-Stamford-Norwalk, CT | 2 | $ 517,000 | $ 258,500 | $ 388,000 |
| Buffalo-Cheektowaga-Niagara Falls, NY | 2 | $ 125,000 | $ 62,500 | $ 65,000 |
| Camden, NJ | 2 | $ 425,000 | $ 212,500 | $ 79,000 |
| Columbia, SC | 2 | $ 692,000 | $ 346,000 | $ 69,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 2 | $ 227,000 | $ 113,500 | $ 152,000 |
| Detroit-Dearborn-Livonia, MI | 2 | $ 485,000 | $ 242,500 | $ 270,000 |
| Grand Rapids-Wyoming, MI | 2 | $ 200,000 | $ 100,000 | $ 226,000 |
| Greensboro-High Point, NC | 2 | $ 734,000 | $ 367,000 | $ 117,000 |
| Gulfport-Biloxi-Pascagoula, MS | 2 | $ 257,000 | $ 128,500 | $ 68,000 |
| Hagerstown-Martinsburg, MD-WV | 2 | $ 346,000 | $ 173,000 | $ 127,500 |
| Hilton Head Island-Bluffton-Beaufort, SC | 2 | $ 347,000 | $ 173,500 | $ 125,000 |
| Indianapolis-Carmel-Anderson, IN | 2 | $ 830,000 | $ 415,000 | $ 62,000 |
| Jacksonville, FL | 2 | $ 550,000 | $ 275,000 | $ 135,000 |
| Knoxville, TN | 2 | $ 244,000 | $ 122,000 | $ 70,000 |
| Lakeland-Winter Haven, FL | 2 | $ 45,000 | $ 22,500 | $ 129,000 |
| Las Cruces, NM | 2 | $ 140,000 | $ 70,000 | $ 122,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 2 | $ 100,000 | $ 50,000 | $ 81,000 |
| Missoula, MT | 2 | $ 444,000 | $ 222,000 | $ 106,000 |
| Nassau County-Suffolk County, NY | 2 | $ 252,000 | $ 126,000 | $ 203,000 |
| Palm Bay-Melbourne-Titusville, FL | 2 | $ 268,000 | $ 134,000 | $ 111,000 |
| Portland-South Portland, ME | 2 | $ 195,000 | $ 97,500 | $ 125,000 |
| Provo-Orem, UT | 2 | $ 456,000 | $ 228,000 | $ 103,000 |
| Raleigh, NC | 2 | $ 80,000 | $ 40,000 | $ 27,000 |
| San Diego-Carlsbad, CA | 2 | $ 520,000 | $ 260,000 | $ 249,000 |
| San Rafael, CA | 2 | $ 475,000 | $ 237,500 | $ 86,000 |
| Vallejo-Fairfield, CA | 2 | $ 456,000 | $ 228,000 | $ 191,000 |
| Warren-Troy-Farmington Hills, MI | 2 | $ 170,000 | $ 85,000 | $ 68,000 |
| Wilmington, NC | 2 | $ 255,000 | $ 127,500 | $ 120,000 |
| Winchester, VA-WV | 2 | $ 476,000 | $ 238,000 | $ 184,000 |
| Winston-Salem, NC | 2 | $ 616,000 | $ 308,000 | $ 235,000 |
| York-Hanover, PA | 2 | $ 150,000 | $ 75,000 | $ 223,000 |
| Atlantic City-Hammonton, NJ | 1 | $ 54,000 | $ 54,000 | $ 144,000 |
| Bakersfield, CA | 1 | $ 238,000 | $ 238,000 | $ 112,000 |
| Bellingham, WA | 1 | $ 153,000 | $ 153,000 | $ 80,000 |
| Blacksburg-Christiansburg-Radford, VA | 1 | $ 100,000 | $ 100,000 | $ 190,000 |
| Bremerton-Silverdale, WA | 1 | $ 180,000 | $ 180,000 | $ 120,000 |
| Brunswick, GA | 1 | $ 590,000 | $ 590,000 | $ 49,000 |
| Cape Coral-Fort Myers, FL | 1 | $ 50,000 | $ 50,000 | $ 177,000 |
| Champaign-Urbana, IL | 1 | $ 109,000 | $ 109,000 | $ 84,000 |
| College Station-Bryan, TX | 1 | $ 110,000 | $ 110,000 | $ 119,000 |
| Colorado Springs, CO | 1 | $ 286,000 | $ 286,000 | $ 127,000 |
| Columbus, OH | 1 | $ 64,000 | $ 64,000 | $ 136,000 |
| Daphne-Fairhope-Foley, AL | 1 | $ 90,000 | $ 90,000 | $ 83,000 |
| Durham-Chapel Hill, NC | 1 | $ 100,000 | $ 100,000 | $ 134,000 |
| Fayetteville-Springdale-Rogers, AR-MO | 1 | $ 42,000 | $ 42,000 | $ 117,000 |
| Fort Wayne, IN | 1 | $ 10,000 | $ 10,000 | $ 88,000 |
| Fort Worth-Arlington, TX | 1 | $ 120,000 | $ 120,000 | $ 117,000 |
| Fresno, CA | 1 | $ 280,000 | $ 280,000 | $ 86,000 |
| Greeley, CO | 1 | $ 50,000 | $ 50,000 | $ 77,000 |
| Greenville-Anderson-Mauldin, SC | 1 | $ 710,000 | $ 710,000 | $ 299,000 |
| Hammond, LA | 1 | $ 197,000 | $ 197,000 | $ 109,000 |
| Harrisburg-Carlisle, PA | 1 | $ 172,000 | $ 172,000 | $ 138,000 |
| Hickory-Lenoir-Morganton, NC | 1 | $ 532,000 | $ 532,000 | $ 185,000 |
| Homosassa Springs, FL | 1 | $ 150,000 | $ 150,000 | $ 147,000 |
| Idaho Falls, ID | 1 | $ 49,000 | $ 49,000 | $ 84,000 |
| Ithaca, NY | 1 | $ 126,000 | $ 126,000 | $ 89,000 |
| Jacksonville, NC | 1 | $ 32,000 | $ 32,000 | $ 140,000 |
| Johnson City, TN | 1 | $ 215,000 | $ 215,000 | $ 67,000 |
| Kingston, NY | 1 | $ 304,000 | $ 304,000 | $ 131,000 |
| Lafayette, LA | 1 | $ 465,000 | $ 465,000 | $ 12,000 |
| Little Rock-North Little Rock-Conway, AR | 1 | $ 100,000 | $ 100,000 | $ 311,000 |
| Louisville/Jefferson County, KY-IN | 1 | $ 170,000 | $ 170,000 | $ 35,000 |
| Madison, WI | 1 | $ 100,000 | $ 100,000 | $ 83,000 |
| McAllen-Edinburg-Mission, TX | 1 | $ 224,000 | $ 224,000 | $ 152,000 |
| Milwaukee-Waukesha-West Allis, WI | 1 | $ 14,000 | $ 14,000 | $ 63,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 1 | $ 228,000 | $ 228,000 | $ 127,000 |
| Napa, CA | 1 | $ 50,000 | $ 50,000 | $ 247,000 |
| Naples-Immokalee-Marco Island, FL | 1 | $ 86,000 | $ 86,000 | $ 80,000 |
| Newark, NJ-PA | 1 | $ 308,000 | $ 308,000 | $ 124,000 |
| Ocala, FL | 1 | $ 200,000 | $ 200,000 | $ 62,000 |
| Ogden-Clearfield, UT | 1 | $ 325,000 | $ 325,000 | $ 283,000 |
| Oklahoma City, OK | 1 | $ 35,000 | $ 35,000 | $ 109,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 1 | $ 30,000 | $ 30,000 | $ 57,000 |
| Pensacola-Ferry Pass-Brent, FL | 1 | $ 194,000 | $ 194,000 | $ 76,000 |
| Philadelphia, PA | 1 | $ 179,000 | $ 179,000 | $ 63,000 |
| Pittsfield, MA | 1 | $ 127,000 | $ 127,000 | $ 33,000 |
| Port St. Lucie, FL | 1 | $ 264,000 | $ 264,000 | $ 57,000 |
| Portland-Vancouver-Hillsboro, OR-WA | 1 | $ 146,000 | $ 146,000 | $ 74,000 |
| Reno, NV | 1 | $ 187,000 | $ 187,000 | $ 102,000 |
| Sacramento--Roseville--Arden-Arcade, CA | 1 | $ 100,000 | $ 100,000 | $ 125,000 |
| Salinas, CA | 1 | $ 50,000 | $ 50,000 | $ 131,000 |
| San Antonio-New Braunfels, TX | 1 | $ 85,000 | $ 85,000 | $ 72,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 1 | $ 1,100,000 | $ 1,100,000 | $ 150,000 |
| Santa Fe, NM | 1 | $ 256,000 | $ 256,000 | $ 148,000 |
| Sierra Vista-Douglas, AZ | 1 | $ 57,000 | $ 57,000 | $ 133,000 |
| Tulsa, OK | 1 | $ 143,000 | $ 143,000 | $ 49,000 |
| Worcester, MA-CT | 1 | $ 50,000 | $ 50,000 | $ 46,000 |
Mortgage Loan Application Detail Totals for State Departmenet 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 | 316 | $25,606,000 | $81,000 | $1,100,000 | $142,000 | $548,000 |
| Refinancing | 300 | $74,066,000 | $246,000 | $875,000 | $137,000 | $479,000 |
| Home Purchase | 219 | $81,147,000 | $370,000 | $730,000 | $116,000 | $611,000 |
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 | 418 | $100,891,000 | $241,000 | $1,100,000 | $132,000 | $611,000 |
| Not Provided | 236 | $47,693,000 | $202,000 | $875,000 | $143,000 | $548,000 |
| Black or African American | 109 | $17,125,000 | $157,000 | $720,000 | $110,000 | $375,000 |
| Asian | 32 | $8,836,000 | $276,000 | $729,000 | $153,000 | $400,000 |
| Hispanic | 31 | $4,997,000 | $161,000 | $680,000 | $151,000 | $393,000 |
| Native Hawaiin or Other Pacific Islander | 5 | $699,000 | $139,000 | $300,000 | $100,000 | $170,000 |
| American Indian or Alaskan Native | 3 | $545,000 | $181,000 | $300,000 | $188,000 | $360,000 |
| Not applicable | 1 | $33,000 | $33,000 | $33,000 | $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 | $180,819,000 | $216,000 | $1,100,000 | $133,000 | $611,000 |
| 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 | 471 | $92,846,000 | $197,000 | $800,000 | $146,000 | $548,000 |
| Application Withdrawn By Applicant | 176 | $27,636,000 | $157,000 | $765,000 | $123,000 | $294,000 |
| Application Denied By Financial Institution | 118 | $20,780,000 | $176,000 | $1,100,000 | $126,000 | $526,000 |
| Loan Purchased By The Institution | 64 | $37,596,000 | $587,000 | $730,000 | $85,000 | $611,000 |
| File Closed For Incompleteness | 6 | $1,961,000 | $326,000 | $875,000 | $122,000 | $227,000 |
| Application Approved But Not Accepted | 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 |
|---|---|---|---|---|---|---|
| Other | 24 | $3,153,000 | $131,000 | $1,100,000 | $121,000 | $526,000 |
| Collateral | 19 | $2,415,000 | $127,000 | $304,000 | $142,000 | $280,000 |
| Credit History | 17 | $1,616,000 | $95,000 | $500,000 | $119,000 | $307,000 |
| Debt-To-Income Ratio | 15 | $1,598,000 | $106,000 | $280,000 | $85,000 | $195,000 |
| Credit Application Incomplete | 5 | $2,232,000 | $446,000 | $720,000 | $224,000 | $360,000 |
| Unverifiable Information | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into State Departmenet 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 State Departmenet 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.
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