Sun Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Sun 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 | Sun Federal Credit Union 1627 Holland Road Maumee, MN 43537 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 | 800 |
| Total Mortgage Loan Application Amount | $83,570,000 |
| Average Mortgage Loan Application Amount | $116,000 |
| Highest Mortgage Loan Application Amount | $1,005,000 |
| Average Applicant Income | $98,600 |
| Highest Applicant Income | $3,204,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with Sun 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 Sun 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 Sun 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 Sun Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Sun 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 Sun 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 |
|---|---|---|---|---|
| Lucas County Ohio | 233 | $ 16,565,000 | $ 71,000 | $ 87,000 |
| Wood County Ohio | 69 | $ 5,925,000 | $ 85,000 | $ 90,000 |
| Philadelphia County Pennsylvania | 49 | $ 4,295,000 | $ 87,000 | $ 70,000 |
| Monroe County Michigan | 33 | $ 3,785,000 | $ 114,000 | $ 99,000 |
| Berks County Pennsylvania | 31 | $ 3,695,000 | $ 119,000 | $ 121,000 |
| Delaware County Pennsylvania | 26 | $ 2,610,000 | $ 100,000 | $ 86,000 |
| Fulton County Ohio | 20 | $ 1,870,000 | $ 93,000 | $ 91,000 |
| Ottawa County Ohio | 19 | $ 1,675,000 | $ 88,000 | $ 92,000 |
| Montgomery County Pennsylvania | 13 | $ 2,485,000 | $ 191,000 | $ 144,000 |
| Chester County Pennsylvania | 10 | $ 1,430,000 | $ 143,000 | $ 174,000 |
| Henry County Ohio | 8 | $ 680,000 | $ 85,000 | $ 102,000 |
| New Castle County Delaware | 4 | $ 190,000 | $ 47,000 | $ 97,000 |
| Sarasota County Florida | 3 | $ 795,000 | $ 265,000 | $ 336,000 |
| Lenawee County Michigan | 3 | $ 355,000 | $ 118,000 | $ 107,000 |
| Atlantic County New Jersey | 3 | $ 1,205,000 | $ 401,000 | $ 221,000 |
| Camden County New Jersey | 3 | $ 145,000 | $ 48,000 | $ 70,000 |
| Gloucester County New Jersey | 3 | $ 95,000 | $ 31,000 | $ 153,000 |
| Charlotte County Florida | 2 | $ 90,000 | $ 45,000 | $ 87,000 |
| Orange County Florida | 2 | $ 90,000 | $ 45,000 | $ 145,000 |
| Genesee County Michigan | 2 | $ 50,000 | $ 25,000 | $ 55,000 |
| Hillsdale County Michigan | 2 | $ 220,000 | $ 110,000 | $ 159,000 |
| Middlesex County New Jersey | 2 | $ 100,000 | $ 50,000 | $ 137,000 |
| Salem County New Jersey | 2 | $ 100,000 | $ 50,000 | $ 86,000 |
| Hancock County Ohio | 2 | $ 130,000 | $ 65,000 | $ 107,000 |
| Stark County Ohio | 2 | $ 190,000 | $ 95,000 | $ 78,000 |
| Summit County Ohio | 2 | $ 140,000 | $ 70,000 | $ 341,000 |
| Williams County Ohio | 2 | $ 170,000 | $ 85,000 | $ 78,000 |
| Lancaster County Pennsylvania | 2 | $ 40,000 | $ 20,000 | $ 144,000 |
| Sevier County Tennessee | 2 | $ 110,000 | $ 55,000 | $ 86,000 |
| Los Angeles County California | 1 | $ 505,000 | $ 505,000 | $ 270,000 |
| Placer County California | 1 | $ 105,000 | $ 105,000 | $ 175,000 |
| Huerfano County Colorado | 1 | $ 95,000 | $ 95,000 | $ 138,000 |
| Fairfield County Connecticut | 1 | $ 185,000 | $ 185,000 | $ 274,000 |
| Kent County Delaware | 1 | $ 45,000 | $ 45,000 | $ 121,000 |
| Collier County Florida | 1 | $ 625,000 | $ 625,000 | $ 497,000 |
| Highlands County Florida | 1 | $ 265,000 | $ 265,000 | $ 159,000 |
| Lee County Florida | 1 | $ 405,000 | $ 405,000 | $ 76,000 |
| Manatee County Florida | 1 | $ 295,000 | $ 295,000 | $ 116,000 |
| Osceola County Florida | 1 | $ 535,000 | $ 535,000 | $ 141,000 |
| Pasco County Florida | 1 | $ 75,000 | $ 75,000 | $ 135,000 |
| St. Johns County Florida | 1 | $ 75,000 | $ 75,000 | $ 194,000 |
| Cook County Illinois | 1 | $ 245,000 | $ 245,000 | $ 219,000 |
| Nelson County Kentucky | 1 | $ 25,000 | $ 25,000 | $ 90,000 |
| Baltimore City County Maryland | 1 | $ 35,000 | $ 35,000 | $ 92,000 |
| Plymouth County Massachusetts | 1 | $ 45,000 | $ 45,000 | $ 182,000 |
| Huron County Michigan | 1 | $ 55,000 | $ 55,000 | $ 309,000 |
| Luce County Michigan | 1 | $ 125,000 | $ 125,000 | $ 50,000 |
| Macomb County Michigan | 1 | $ 65,000 | $ 65,000 | $ 95,000 |
| Montmorency County Michigan | 1 | $ 85,000 | $ 85,000 | $ 138,000 |
| Sanilac County Michigan | 1 | $ 195,000 | $ 195,000 | $ 106,000 |
| Wayne County Michigan | 1 | $ 135,000 | $ 135,000 | $ 78,000 |
| Dallas County Missouri | 1 | $ 35,000 | $ 35,000 | $ 64,000 |
| Washoe County Nevada | 1 | $ 285,000 | $ 285,000 | $ 85,000 |
| Burlington County New Jersey | 1 | $ 55,000 | $ 55,000 | $ 221,000 |
| Cape May County New Jersey | 1 | $ 205,000 | $ 205,000 | $ 112,000 |
| Mercer County New Jersey | 1 | $ 405,000 | $ 405,000 | $ 191,000 |
| Chautauqua County New York | 1 | $ 305,000 | $ 305,000 | $ 124,000 |
| Livingston County New York | 1 | $ 65,000 | $ 65,000 | $ 73,000 |
| Mecklenburg County North Carolina | 1 | $ 55,000 | $ 55,000 | $ 48,000 |
| Transylvania County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 95,000 |
| Cuyahoga County Ohio | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Erie County Ohio | 1 | $ 185,000 | $ 185,000 | $ 126,000 |
| Fairfield County Ohio | 1 | $ 45,000 | $ 45,000 | $ 126,000 |
| Franklin County Ohio | 1 | $ 55,000 | $ 55,000 | $ 157,000 |
| Knox County Ohio | 1 | $ 55,000 | $ 55,000 | $ 135,000 |
| Marion County Ohio | 1 | $ 125,000 | $ 125,000 | $ 48,000 |
| Portage County Ohio | 1 | $ 65,000 | $ 65,000 | $ 171,000 |
| Sandusky County Ohio | 1 | $ 55,000 | $ 55,000 | $ 110,000 |
| Trumbull County Ohio | 1 | $ 85,000 | $ 85,000 | $ 65,000 |
| Union County Ohio | 1 | $ 55,000 | $ 55,000 | $ 95,000 |
| Lebanon County Pennsylvania | 1 | $ 655,000 | $ 655,000 | $ 169,000 |
| Lehigh County Pennsylvania | 1 | $ 85,000 | $ 85,000 | $ 279,000 |
| Schuylkill County Pennsylvania | 1 | $ 25,000 | $ 25,000 | $ 47,000 |
| Horry County South Carolina | 1 | $ 25,000 | $ 25,000 | $ 41,000 |
| York County South Carolina | 1 | $ 55,000 | $ 55,000 | $ 80,000 |
| Bexar County Texas | 1 | $ 65,000 | $ 65,000 | $ 292,000 |
| Fort Bend County Texas | 1 | $ 425,000 | $ 425,000 | $ 186,000 |
| Hunt County Texas | 1 | $ 805,000 | $ 805,000 | $ 275,000 |
| Montgomery County Texas | 1 | $ 75,000 | $ 75,000 | $ 125,000 |
Mortgage Loan Application Detail Totals for Sun 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 | 246 | $13,690,000 | $55,000 | $505,000 | $92,000 | $331,000 |
| Home Purchase | 243 | $46,485,000 | $191,000 | $1,005,000 | $115,000 | $3,204,000 |
| Home Improvement | 219 | $10,725,000 | $48,000 | $305,000 | $95,000 | $523,000 |
| Refinancing | 57 | $6,765,000 | $118,000 | $505,000 | $95,000 | $440,000 |
| Cash-out Refinancing | 35 | $5,905,000 | $168,000 | $625,000 | $96,000 | $497,000 |
| 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 | 523 | $57,465,000 | $109,000 | $1,005,000 | $107,000 | $3,204,000 |
| Black or African American | 138 | $12,370,000 | $89,000 | $805,000 | $74,000 | $327,000 |
| Hispanic | 70 | $7,680,000 | $109,000 | $475,000 | $94,000 | $229,000 |
| Not Provided | 62 | $5,580,000 | $90,000 | $535,000 | $118,000 | $1,224,000 |
| Asian | 5 | $365,000 | $73,000 | $145,000 | $66,000 | $91,000 |
| American Indian or Alaskan Native | 2 | $110,000 | $55,000 | $75,000 | $41,000 | $50,000 |
| 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) | 794 | $82,600,000 | $104,000 | $1,005,000 | $100,000 | $3,204,000 |
| VA-guaranteed (Veterans Administration) | 4 | $660,000 | $165,000 | $165,000 | $73,000 | $102,000 |
| FHA-insured (Federal Housing Administration) | 2 | $310,000 | $155,000 | $195,000 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 427 | $44,115,000 | $103,000 | $805,000 | $104,000 | $523,000 |
| Application Withdrawn By Applicant | 146 | $14,410,000 | $98,000 | $1,005,000 | $117,000 | $3,204,000 |
| Application Denied By Financial Institution | 137 | $9,955,000 | $72,000 | $505,000 | $76,000 | $360,000 |
| Preapproval Approved but not Accepted | 41 | $7,815,000 | $190,000 | $475,000 | $123,000 | $1,224,000 |
| Preapproval Denied by Financial Institution | 38 | $4,920,000 | $129,000 | $265,000 | $59,000 | $159,000 |
| Application Approved But Not Accepted | 7 | $1,315,000 | $187,000 | $535,000 | $118,000 | $337,000 |
| File Closed For Incompleteness | 4 | $1,040,000 | $260,000 | $805,000 | $69,000 | $144,000 |
| Loan Purchased By The 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 | 625 | $68,695,000 | $109,000 | $1,005,000 | $108,000 | $3,204,000 |
| Credit History | 71 | $4,965,000 | $69,000 | $355,000 | $77,000 | $360,000 |
| Debt-To-Income Ratio | 50 | $6,280,000 | $125,000 | $505,000 | $72,000 | $226,000 |
| Other | 17 | $1,165,000 | $68,000 | $265,000 | $69,000 | $159,000 |
| Unverifiable Information | 17 | $795,000 | $46,000 | $175,000 | $64,000 | $147,000 |
| Collateral | 10 | $440,000 | $44,000 | $105,000 | $83,000 | $164,000 |
| Employment History | 5 | $505,000 | $101,000 | $155,000 | $45,000 | $92,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $725,000 | $145,000 | $195,000 | $53,000 | $62,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Sun 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 Sun 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 Minnesota, download the full spreadsheet
with aggregated HMDA statistics today.