Technicolor Federal Credit Union Mortgage Lending & HMDA Data, 2019

In 2019, Technicolor Federal Credit Union of Novato, CA reported 31 mortgage applications totaling $19.7 million, up 41% from 2018. The average application was for $635,322, and applicants reported an average income of $141,258. 94% of its applications resulted in an originated loan and 0% were denied. Its largest market was Los Angeles-Long Beach-Glendale, CA (25).

Mortgage Company & Address Technicolor Federal Credit Union
1450 Grant Ave, #204
Novato, CA 94945
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  
Total Number of Mortgage Applications 31
Total Mortgage Loan Application Amount $19,695,000
Average Mortgage Loan Application Amount $635,322
Highest Mortgage Loan Application Amount $2,155,000
Average Applicant Income $141,258
Highest Applicant Income $620,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Technicolor Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Technicolor Federal Credit Union in 2019

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
Cash-out Refinancing 20 $12,470,000 $623,000 $2,155,000 $148,000 $620,000
Home Purchase 8 $5,720,000 $715,000 $1,405,000 $147,000 $228,000
Refinancing 3 $1,505,000 $501,000 $605,000 $81,000 $115,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Home Improvement 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 14 $9,610,000 $686,000 $2,155,000 $160,000 $620,000
Hispanic 7 $3,185,000 $455,000 $605,000 $101,000 $218,000
Not Provided 4 $2,560,000 $640,000 $995,000 $162,000 $225,000
Asian 3 $1,865,000 $621,000 $725,000 $119,000 $131,000
Black or African American 3 $2,475,000 $825,000 $1,405,000 $142,000 $228,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 31 $19,695,000 $635,000 $2,155,000 $141,000 $620,000
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 29 $18,395,000 $634,000 $2,155,000 $142,000 $620,000
File Closed For Incompleteness 1 $775,000 $775,000 $775,000 $160,000 $160,000
Preapproval Denied by Financial Institution 1 $525,000 $525,000 $525,000 $89,000 $89,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 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 30 $19,170,000 $639,000 $2,155,000 $143,000 $620,000
Debt-To-Income Ratio 1 $525,000 $525,000 $525,000 $89,000 $89,000
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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Technicolor Federal Credit Union's 2019 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 Technicolor 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 California, download the full spreadsheet with aggregated HMDA statistics today.

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