State Employees' Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2004
State Employees' Credit Union 2004 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 | State Employees' Credit Union P.O. Drawer 25279 Raleigh, NC 27611 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 20,067 |
| Total Mortgage Loan Application Amount | $2,332,119,000 |
| Average Mortgage Loan Application Amount | $107,785 |
| Highest Mortgage Loan Application Amount | $850,000 |
| Average Applicant Income | $69,285 |
| Highest Applicant Income | $1,726,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2004 with State Employees' 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 State Employees' Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2004 breaks down State Employees' 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 State Employees' Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by State Employees' 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 State Employees' Credit Union's mortgage activity for 2004.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Wake County North Carolina | 2,304 | $ 332,781,000 | $ 144,000 | $ 71,000 |
| Mecklenburg County North Carolina | 912 | $ 120,040,000 | $ 131,000 | $ 60,000 |
| Guilford County North Carolina | 778 | $ 90,153,000 | $ 115,000 | $ 57,000 |
| Buncombe County North Carolina | 775 | $ 96,429,000 | $ 124,000 | $ 52,000 |
| Durham County North Carolina | 692 | $ 93,464,000 | $ 135,000 | $ 67,000 |
| Orange County North Carolina | 563 | $ 88,792,000 | $ 157,000 | $ 66,000 |
| New Hanover County North Carolina | 478 | $ 56,513,000 | $ 118,000 | $ 60,000 |
| Johnston County North Carolina | 465 | $ 53,396,000 | $ 114,000 | $ 53,000 |
| Pitt County North Carolina | 404 | $ 42,515,000 | $ 105,000 | $ 58,000 |
| Burke County North Carolina | 369 | $ 35,767,000 | $ 96,000 | $ 47,000 |
| Forsyth County North Carolina | 350 | $ 39,838,000 | $ 113,000 | $ 59,000 |
| Alamance County North Carolina | 300 | $ 36,332,000 | $ 121,000 | $ 56,000 |
| Brunswick County North Carolina | 294 | $ 39,702,000 | $ 135,000 | $ 62,000 |
| Cumberland County North Carolina | 293 | $ 28,016,000 | $ 95,000 | $ 53,000 |
| Catawba County North Carolina | 290 | $ 32,729,000 | $ 112,000 | $ 61,000 |
| Cabarrus County North Carolina | 271 | $ 30,529,000 | $ 112,000 | $ 52,000 |
| Union County North Carolina | 254 | $ 33,706,000 | $ 132,000 | $ 53,000 |
| Chatham County North Carolina | 253 | $ 36,266,000 | $ 143,000 | $ 60,000 |
| Nash County North Carolina | 247 | $ 27,055,000 | $ 109,000 | $ 53,000 |
| Randolph County North Carolina | 238 | $ 25,208,000 | $ 105,000 | $ 51,000 |
| Wayne County North Carolina | 199 | $ 18,812,000 | $ 94,000 | $ 60,000 |
| Gaston County North Carolina | 182 | $ 18,687,000 | $ 102,000 | $ 48,000 |
| Henderson County North Carolina | 178 | $ 21,791,000 | $ 122,000 | $ 47,000 |
| Rockingham County North Carolina | 172 | $ 16,650,000 | $ 96,000 | $ 50,000 |
| Caldwell County North Carolina | 165 | $ 16,233,000 | $ 98,000 | $ 54,000 |
| Franklin County North Carolina | 155 | $ 16,977,000 | $ 109,000 | $ 53,000 |
| Haywood County North Carolina | 149 | $ 18,671,000 | $ 125,000 | $ 55,000 |
| Edgecombe County North Carolina | 138 | $ 10,870,000 | $ 78,000 | $ 73,000 |
| Onslow County North Carolina | 106 | $ 9,674,000 | $ 91,000 | $ 65,000 |
| Alexander County North Carolina | 79 | $ 9,079,000 | $ 114,000 | $ 59,000 |
| Person County North Carolina | 77 | $ 7,630,000 | $ 99,000 | $ 64,000 |
| Pender County North Carolina | 76 | $ 6,892,000 | $ 90,000 | $ 51,000 |
| Hoke County North Carolina | 74 | $ 6,042,000 | $ 81,000 | $ 58,000 |
| Davie County North Carolina | 70 | $ 8,937,000 | $ 127,000 | $ 66,000 |
| Anson County North Carolina | 50 | $ 3,190,000 | $ 63,000 | $ 40,000 |
| Madison County North Carolina | 38 | $ 3,791,000 | $ 99,000 | $ 48,000 |
| Robeson County North Carolina | 37 | $ 1,485,000 | $ 40,000 | $ 28,000 |
| Currituck County North Carolina | 36 | $ 4,204,000 | $ 116,000 | $ 115,000 |
| Stokes County North Carolina | 35 | $ 3,575,000 | $ 102,000 | $ 38,000 |
| Montgomery County North Carolina | 33 | $ 2,271,000 | $ 68,000 | $ 36,000 |
| Yadkin County North Carolina | 30 | $ 3,186,000 | $ 106,000 | $ 47,000 |
| York County South Carolina | 28 | $ 3,746,000 | $ 133,000 | $ 64,000 |
| Greene County North Carolina | 26 | $ 1,939,000 | $ 74,000 | $ 48,000 |
| Harnett County North Carolina | 20 | $ 941,000 | $ 47,000 | $ 30,000 |
| Stanly County North Carolina | 17 | $ 1,345,000 | $ 79,000 | $ 37,000 |
| Iredell County North Carolina | 16 | $ 1,164,000 | $ 72,000 | $ 38,000 |
| Wilson County North Carolina | 16 | $ 693,000 | $ 43,000 | $ 41,000 |
| Beaufort County North Carolina | 15 | $ 874,000 | $ 58,000 | $ 34,000 |
| Jackson County North Carolina | 15 | $ 118,000 | $ 7,000 | $ 38,000 |
| Rowan County North Carolina | 15 | $ 911,000 | $ 60,000 | $ 35,000 |
| Craven County North Carolina | 12 | $ 154,000 | $ 12,000 | $ 44,000 |
| Halifax County North Carolina | 11 | $ 335,000 | $ 30,000 | $ 40,000 |
| Surry County North Carolina | 11 | $ 523,000 | $ 47,000 | $ 36,000 |
| Sampson County North Carolina | 10 | $ 214,000 | $ 21,000 | $ 39,000 |
| Hertford County North Carolina | 9 | $ 630,000 | $ 70,000 | $ 34,000 |
| Carteret County North Carolina | 8 | $ 122,000 | $ 15,000 | $ 45,000 |
| Duplin County North Carolina | 8 | $ 329,000 | $ 41,000 | $ 41,000 |
| Moore County North Carolina | 8 | $ 760,000 | $ 95,000 | $ 32,000 |
| Pasquotank County North Carolina | 8 | $ 867,000 | $ 108,000 | $ 48,000 |
| Bertie County North Carolina | 7 | $ 231,000 | $ 33,000 | $ 31,000 |
| Rutherford County North Carolina | 7 | $ 188,000 | $ 26,000 | $ 28,000 |
| Caswell County North Carolina | 6 | $ 330,000 | $ 55,000 | $ 54,000 |
| Chowan County North Carolina | 6 | $ 404,000 | $ 67,000 | $ 29,000 |
| Granville County North Carolina | 6 | $ 326,000 | $ 54,000 | $ 32,000 |
| Lenoir County North Carolina | 6 | $ 1,051,000 | $ 175,000 | $ 113,000 |
| Virginia Beach County Virginia | 6 | $ 572,000 | $ 95,000 | $ 83,000 |
| Northampton County North Carolina | 5 | $ 215,000 | $ 43,000 | $ 24,000 |
| Watauga County North Carolina | 5 | $ 311,000 | $ 62,000 | $ 43,000 |
| Chesapeake County Virginia | 5 | $ 645,000 | $ 129,000 | $ 79,000 |
| Norfolk County Virginia | 5 | $ 806,000 | $ 161,000 | $ 73,000 |
| Suffolk County Virginia | 5 | $ 605,000 | $ 121,000 | $ 70,000 |
| Cleveland County North Carolina | 4 | $ 488,000 | $ 122,000 | $ 43,000 |
| Columbus County North Carolina | 4 | $ 43,000 | $ 10,000 | $ 19,000 |
| Jones County North Carolina | 4 | $ 112,000 | $ 28,000 | $ 52,000 |
| McDowell County North Carolina | 4 | $ 83,000 | $ 20,000 | $ 24,000 |
| Richmond County North Carolina | 4 | $ 193,000 | $ 48,000 | $ 28,000 |
| Warren County North Carolina | 4 | $ 340,000 | $ 85,000 | $ 28,000 |
| Dare County North Carolina | 3 | $ 337,000 | $ 112,000 | $ 56,000 |
| Lee County North Carolina | 3 | $ 175,000 | $ 58,000 | $ 17,000 |
| Macon County North Carolina | 3 | $ 33,000 | $ 11,000 | $ 61,000 |
| Scotland County North Carolina | 3 | $ 147,000 | $ 49,000 | $ 51,000 |
| Wilkes County North Carolina | 3 | $ 150,000 | $ 50,000 | $ 26,000 |
| Ashe County North Carolina | 2 | $ 13,000 | $ 6,000 | $ 25,000 |
| Davidson County North Carolina | 2 | $ 110,000 | $ 55,000 | $ 60,000 |
| Hyde County North Carolina | 2 | $ 64,000 | $ 32,000 | $ 35,000 |
| Lincoln County North Carolina | 2 | $ 345,000 | $ 172,000 | $ 33,000 |
| Polk County North Carolina | 2 | $ 14,000 | $ 7,000 | $ 36,000 |
| Vance County North Carolina | 2 | $ 80,000 | $ 40,000 | $ 22,000 |
| Washington County North Carolina | 2 | $ 80,000 | $ 40,000 | $ 57,000 |
| Portsmouth County Virginia | 2 | $ 224,000 | $ 112,000 | $ 60,000 |
| York County Virginia | 2 | $ 382,000 | $ 191,000 | $ 69,000 |
| Cook County Illinois | 1 | $ 90,000 | $ 90,000 | $ 120,000 |
| Alleghany County North Carolina | 1 | $ 10,000 | $ 10,000 | $ 36,000 |
| Bladen County North Carolina | 1 | $ 119,000 | $ 119,000 | $ 39,000 |
| Camden County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 26,000 |
| Gates County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 36,000 |
| Graham County North Carolina | 1 | $ 90,000 | $ 90,000 | $ 29,000 |
| Pamlico County North Carolina | 1 | $ 10,000 | $ 10,000 | $ 23,000 |
| Perquimans County North Carolina | 1 | $ 13,000 | $ 13,000 | $ 50,000 |
| Tyrrell County North Carolina | 1 | $ 52,000 | $ 52,000 | $ 26,000 |
| Yancey County North Carolina | 1 | $ 3,000 | $ 3,000 | $ 30,000 |
| McNairy County Tennessee | 1 | $ 290,000 | $ 290,000 | $ 100,000 |
| Hampton County Virginia | 1 | $ 62,000 | $ 62,000 | $ 225,000 |
| James City County Virginia | 1 | $ 84,000 | $ 84,000 | $ 56,000 |
| Mecklenburg County Virginia | 1 | $ 150,000 | $ 150,000 | $ 216,000 |
Mortgage Loan Application Detail Totals for State Employees' Credit Union in 2004
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 Purchase | 9,851 | $1,236,301,000 | $132,666 | $850,000 | $69,666 | $1,608,000 |
| Refinancing | 9,491 | $1,067,508,000 | $122,000 | $750,000 | $62,400 | $1,726,000 |
| Home Improvement | 725 | $28,310,000 | $34,333 | $426,000 | $80,000 | $262,000 |
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 | 16,208 | $1,942,758,000 | $126,600 | $850,000 | $57,200 | $1,608,000 |
| Black or African American | 2,852 | $276,258,000 | $113,333 | $503,000 | $71,666 | $1,726,000 |
| Hispanic | 328 | $37,285,000 | $101,333 | $336,000 | $47,333 | $399,000 |
| Not Provided | 267 | $28,740,000 | $150,750 | $400,000 | $74,500 | $283,000 |
| American Indian or Alaskan Native | 218 | $19,570,000 | $91,000 | $315,000 | $50,500 | $180,000 |
| Asian | 160 | $22,997,000 | $106,666 | $440,000 | $60,333 | $373,000 |
| Native Hawaiian or Other Pacific Islander | 27 | $3,562,000 | $126,333 | $332,000 | $63,666 | $144,000 |
| Not applicable | 7 | $949,000 | $144,000 | $392,000 | $58,000 | $114,000 |
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) | 20,067 | $2,332,119,000 | $124,666 | $850,000 | $72,500 | $1,726,000 |
| 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 | 15,482 | $1,794,447,000 | $118,750 | $750,000 | $69,000 | $1,726,000 |
| Application Withdrawn By Applicant | 2,327 | $292,946,000 | $124,400 | $850,000 | $66,200 | $1,608,000 |
| Application Denied By Financial Institution | 1,693 | $170,689,000 | $126,500 | $624,000 | $61,166 | $1,200,000 |
| Application Approved But Not Accepted | 415 | $55,883,000 | $122,666 | $707,000 | $93,666 | $536,000 |
| File Closed For Incompleteness | 150 | $18,154,000 | $120,000 | $592,000 | $64,000 | $1,724,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 830 | $81,237,000 | $129,250 | $440,000 | $52,250 | $1,200,000 |
| Debt-To-Income Ratio | 466 | $48,578,000 | $90,250 | $350,000 | $29,750 | $262,000 |
| Collateral | 200 | $19,038,000 | $137,333 | $300,000 | $49,666 | $307,000 |
| Other | 77 | $9,603,000 | $117,500 | $624,000 | $86,500 | $218,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 38 | $4,448,000 | $113,500 | $383,000 | $41,500 | $118,000 |
| Employment History | 31 | $2,769,000 | $88,000 | $208,000 | $36,500 | $88,000 |
| Unverifiable Information | 30 | $2,999,000 | $99,000 | $300,000 | $37,500 | $117,000 |
| Credit Application Incomplete | 17 | $1,732,000 | $98,500 | $250,000 | $50,000 | $136,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into State Employees' Credit Union's 2004 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'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 North Carolina, download the full spreadsheet
with aggregated HMDA statistics today.