Tower Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2010
Tower Federal Credit Union 2010 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 | Tower Federal Credit Union 7901 Sandy Spring Road Laurel, MD 20707 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 | 2,677 |
| Total Mortgage Loan Application Amount | $640,600,000 |
| Average Mortgage Loan Application Amount | $178,333 |
| Highest Mortgage Loan Application Amount | $834,000 |
| Average Applicant Income | $126,666 |
| Highest Applicant Income | $800,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2010 with Tower 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 Tower Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2010 breaks down Tower 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 Tower Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Tower 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 Tower Federal Credit Union's mortgage activity for 2010.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Anne Arundel County Maryland | 906 | $ 212,307,000 | $ 234,000 | $ 128,000 |
| Howard County Maryland | 526 | $ 138,909,000 | $ 264,000 | $ 150,000 |
| Baltimore County Maryland | 219 | $ 44,666,000 | $ 203,000 | $ 118,000 |
| Carroll County Maryland | 174 | $ 46,045,000 | $ 264,000 | $ 141,000 |
| Prince George's County Maryland | 120 | $ 25,549,000 | $ 212,000 | $ 137,000 |
| Montgomery County Maryland | 78 | $ 21,650,000 | $ 277,000 | $ 142,000 |
| Baltimore City County Maryland | 57 | $ 10,692,000 | $ 187,000 | $ 118,000 |
| Harford County Maryland | 38 | $ 10,861,000 | $ 285,000 | $ 161,000 |
| York County Pennsylvania | 35 | $ 6,144,000 | $ 175,000 | $ 101,000 |
| Frederick County Maryland | 29 | $ 6,868,000 | $ 236,000 | $ 131,000 |
| Queen Anne's County Maryland | 27 | $ 9,023,000 | $ 334,000 | $ 174,000 |
| Sussex County Delaware | 18 | $ 4,846,000 | $ 269,000 | $ 165,000 |
| Fairfax County Virginia | 18 | $ 6,111,000 | $ 339,000 | $ 151,000 |
| Worcester County Maryland | 16 | $ 3,563,000 | $ 222,000 | $ 192,000 |
| Adams County Pennsylvania | 15 | $ 2,723,000 | $ 181,000 | $ 112,000 |
| District of Columbia County District Of Columbia | 13 | $ 5,034,000 | $ 387,000 | $ 161,000 |
| Caroline County Maryland | 12 | $ 2,720,000 | $ 226,000 | $ 119,000 |
| Loudoun County Virginia | 12 | $ 4,237,000 | $ 353,000 | $ 177,000 |
| Bexar County Texas | 11 | $ 2,725,000 | $ 247,000 | $ 144,000 |
| Columbia County Georgia | 10 | $ 1,955,000 | $ 195,000 | $ 123,000 |
| Calvert County Maryland | 10 | $ 2,840,000 | $ 284,000 | $ 149,000 |
| Talbot County Maryland | 8 | $ 2,338,000 | $ 292,000 | $ 131,000 |
| Yakima County Washington | 7 | $ 1,395,000 | $ 199,000 | $ 117,000 |
| Arlington County Virginia | 6 | $ 2,557,000 | $ 426,000 | $ 180,000 |
| Maricopa County Arizona | 5 | $ 862,000 | $ 172,000 | $ 148,000 |
| Arapahoe County Colorado | 5 | $ 1,156,000 | $ 231,000 | $ 133,000 |
| Wicomico County Maryland | 5 | $ 587,000 | $ 117,000 | $ 176,000 |
| Horry County South Carolina | 5 | $ 685,000 | $ 137,000 | $ 89,000 |
| Pima County Arizona | 4 | $ 622,000 | $ 155,000 | $ 98,000 |
| Kent County Delaware | 4 | $ 555,000 | $ 138,000 | $ 83,000 |
| Sarasota County Florida | 4 | $ 1,070,000 | $ 267,000 | $ 154,000 |
| Dorchester County Maryland | 4 | $ 809,000 | $ 202,000 | $ 103,000 |
| Garrett County Maryland | 4 | $ 763,000 | $ 190,000 | $ 154,000 |
| Washington County Maryland | 4 | $ 739,000 | $ 184,000 | $ 77,000 |
| Monmouth County New Jersey | 4 | $ 1,222,000 | $ 305,000 | $ 113,000 |
| Mecklenburg County North Carolina | 4 | $ 455,000 | $ 113,000 | $ 95,000 |
| Franklin County Pennsylvania | 4 | $ 505,000 | $ 126,000 | $ 73,000 |
| Stafford County Virginia | 4 | $ 704,000 | $ 176,000 | $ 127,000 |
| San Mateo County California | 3 | $ 822,000 | $ 274,000 | $ 90,000 |
| Santa Clara County California | 3 | $ 2,421,000 | $ 807,000 | $ 411,000 |
| Douglas County Colorado | 3 | $ 498,000 | $ 166,000 | $ 128,000 |
| El Paso County Colorado | 3 | $ 700,000 | $ 233,000 | $ 127,000 |
| Elbert County Colorado | 3 | $ 814,000 | $ 271,000 | $ 150,000 |
| Marion County Florida | 3 | $ 320,000 | $ 106,000 | $ 70,000 |
| Polk County Florida | 3 | $ 379,000 | $ 126,000 | $ 80,000 |
| Cook County Illinois | 3 | $ 765,000 | $ 255,000 | $ 122,000 |
| Charles County Maryland | 3 | $ 732,000 | $ 244,000 | $ 107,000 |
| Barnstable County Massachusetts | 3 | $ 664,000 | $ 221,000 | $ 295,000 |
| Onondaga County New York | 3 | $ 333,000 | $ 111,000 | $ 87,000 |
| Brunswick County North Carolina | 3 | $ 378,000 | $ 126,000 | $ 132,000 |
| New Hanover County North Carolina | 3 | $ 694,000 | $ 231,000 | $ 131,000 |
| Wake County North Carolina | 3 | $ 380,000 | $ 126,000 | $ 88,000 |
| Louisa County Virginia | 3 | $ 437,000 | $ 145,000 | $ 110,000 |
| Hampshire County West Virginia | 3 | $ 273,000 | $ 91,000 | $ 72,000 |
| Cochise County Arizona | 2 | $ 243,000 | $ 121,000 | $ 67,000 |
| San Diego County California | 2 | $ 903,000 | $ 451,000 | $ 208,000 |
| Eagle County Colorado | 2 | $ 1,200,000 | $ 600,000 | $ 371,000 |
| Jefferson County Colorado | 2 | $ 341,000 | $ 170,000 | $ 257,000 |
| New Castle County Delaware | 2 | $ 593,000 | $ 296,000 | $ 191,000 |
| Flagler County Florida | 2 | $ 297,000 | $ 148,000 | $ 41,000 |
| Hernando County Florida | 2 | $ 207,000 | $ 103,000 | $ 36,000 |
| Hillsborough County Florida | 2 | $ 138,000 | $ 69,000 | $ 111,000 |
| Lee County Florida | 2 | $ 194,000 | $ 97,000 | $ 134,000 |
| Manatee County Florida | 2 | $ 417,000 | $ 208,000 | $ 194,000 |
| Orange County Florida | 2 | $ 289,000 | $ 144,000 | $ 89,000 |
| Pasco County Florida | 2 | $ 381,000 | $ 190,000 | $ 185,000 |
| St. Johns County Florida | 2 | $ 738,000 | $ 369,000 | $ 156,000 |
| Sumter County Florida | 2 | $ 834,000 | $ 417,000 | $ 188,000 |
| Honolulu County Hawaii | 2 | $ 797,000 | $ 398,000 | $ 146,000 |
| St. Mary's County Maryland | 2 | $ 430,000 | $ 215,000 | $ 109,000 |
| Franklin County Massachusetts | 2 | $ 788,000 | $ 394,000 | $ 113,000 |
| Middlesex County Massachusetts | 2 | $ 264,000 | $ 132,000 | $ 201,000 |
| Clark County Nevada | 2 | $ 222,000 | $ 111,000 | $ 67,000 |
| Guilford County North Carolina | 2 | $ 403,000 | $ 201,000 | $ 102,000 |
| Transylvania County North Carolina | 2 | $ 467,000 | $ 233,000 | $ 105,000 |
| Multnomah County Oregon | 2 | $ 398,000 | $ 199,000 | $ 113,000 |
| Dauphin County Pennsylvania | 2 | $ 265,000 | $ 132,000 | $ 98,000 |
| Luzerne County Pennsylvania | 2 | $ 546,000 | $ 273,000 | $ 110,000 |
| Beaufort County South Carolina | 2 | $ 275,000 | $ 137,000 | $ 181,000 |
| Dorchester County South Carolina | 2 | $ 269,000 | $ 134,000 | $ 104,000 |
| Richland County South Carolina | 2 | $ 267,000 | $ 133,000 | $ 86,000 |
| Knox County Tennessee | 2 | $ 420,000 | $ 210,000 | $ 187,000 |
| Comal County Texas | 2 | $ 329,000 | $ 164,000 | $ 110,000 |
| Dallas County Texas | 2 | $ 552,000 | $ 276,000 | $ 170,000 |
| Utah County Utah | 2 | $ 512,000 | $ 256,000 | $ 84,000 |
| Chesterfield County Virginia | 2 | $ 370,000 | $ 185,000 | $ 152,000 |
| Falls Church County Virginia | 2 | $ 584,000 | $ 292,000 | $ 162,000 |
| Rockingham County Virginia | 2 | $ 352,000 | $ 176,000 | $ 114,000 |
| Spotsylvania County Virginia | 2 | $ 542,000 | $ 271,000 | $ 126,000 |
| Berkeley County West Virginia | 2 | $ 312,000 | $ 156,000 | $ 63,000 |
| Jefferson County West Virginia | 2 | $ 496,000 | $ 248,000 | $ 223,000 |
| Baldwin County Alabama | 1 | $ 85,000 | $ 85,000 | $ 79,000 |
| Dale County Alabama | 1 | $ 130,000 | $ 130,000 | $ 168,000 |
| Madison County Alabama | 1 | $ 142,000 | $ 142,000 | $ 126,000 |
| Anchorage County Alaska | 1 | $ 278,000 | $ 278,000 | $ 136,000 |
| Yavapai County Arizona | 1 | $ 148,000 | $ 148,000 | $ 103,000 |
| Humboldt County California | 1 | $ 200,000 | $ 200,000 | $ 104,000 |
| Lassen County California | 1 | $ 162,000 | $ 162,000 | $ 57,000 |
| Los Angeles County California | 1 | $ 450,000 | $ 450,000 | $ 278,000 |
| Marin County California | 1 | $ 417,000 | $ 417,000 | $ 95,000 |
| Monterey County California | 1 | $ 390,000 | $ 390,000 | $ 274,000 |
| Riverside County California | 1 | $ 220,000 | $ 220,000 | $ 210,000 |
| San Bernardino County California | 1 | $ 122,000 | $ 122,000 | $ 132,000 |
| Boulder County Colorado | 1 | $ 38,000 | $ 38,000 | $ 39,000 |
| Denver County Colorado | 1 | $ 250,000 | $ 250,000 | $ 101,000 |
| Hartford County Connecticut | 1 | $ 227,000 | $ 227,000 | $ 113,000 |
| Windham County Connecticut | 1 | $ 158,000 | $ 158,000 | $ 114,000 |
| Broward County Florida | 1 | $ 235,000 | $ 235,000 | $ 94,000 |
| Clay County Florida | 1 | $ 288,000 | $ 288,000 | $ 166,000 |
| Collier County Florida | 1 | $ 112,000 | $ 112,000 | $ 195,000 |
| Duval County Florida | 1 | $ 63,000 | $ 63,000 | $ 175,000 |
| Indian River County Florida | 1 | $ 113,000 | $ 113,000 | $ 64,000 |
| Osceola County Florida | 1 | $ 90,000 | $ 90,000 | $ 74,000 |
| Seminole County Florida | 1 | $ 117,000 | $ 117,000 | $ 38,000 |
| Volusia County Florida | 1 | $ 234,000 | $ 234,000 | $ 190,000 |
| Chatham County Georgia | 1 | $ 127,000 | $ 127,000 | $ 200,000 |
| DeKalb County Georgia | 1 | $ 354,000 | $ 354,000 | $ 102,000 |
| Fulton County Georgia | 1 | $ 400,000 | $ 400,000 | $ 225,000 |
| Henry County Georgia | 1 | $ 117,000 | $ 117,000 | $ 100,000 |
| Jackson County Georgia | 1 | $ 78,000 | $ 78,000 | $ 32,000 |
| Lowndes County Georgia | 1 | $ 417,000 | $ 417,000 | $ 154,000 |
| Union County Georgia | 1 | $ 161,000 | $ 161,000 | $ 248,000 |
| Canyon County Idaho | 1 | $ 80,000 | $ 80,000 | $ 52,000 |
| Clinton County Illinois | 1 | $ 92,000 | $ 92,000 | $ 68,000 |
| Madison County Illinois | 1 | $ 245,000 | $ 245,000 | $ 141,000 |
| Will County Illinois | 1 | $ 252,000 | $ 252,000 | $ 115,000 |
| Floyd County Indiana | 1 | $ 190,000 | $ 190,000 | $ 106,000 |
| Monroe County Indiana | 1 | $ 144,000 | $ 144,000 | $ 72,000 |
| Montgomery County Kansas | 1 | $ 100,000 | $ 100,000 | $ 59,000 |
| Boone County Kentucky | 1 | $ 158,000 | $ 158,000 | $ 65,000 |
| Lyon County Kentucky | 1 | $ 80,000 | $ 80,000 | $ 85,000 |
| Hancock County Maine | 1 | $ 301,000 | $ 301,000 | $ 126,000 |
| York County Maine | 1 | $ 120,000 | $ 120,000 | $ 127,000 |
| Allegany County Maryland | 1 | $ 119,000 | $ 119,000 | $ 120,000 |
| Cecil County Maryland | 1 | $ 102,000 | $ 102,000 | $ 55,000 |
| Kent County Maryland | 1 | $ 100,000 | $ 100,000 | $ 103,000 |
| Essex County Massachusetts | 1 | $ 394,000 | $ 394,000 | $ 207,000 |
| Worcester County Massachusetts | 1 | $ 263,000 | $ 263,000 | $ 131,000 |
| Livingston County Michigan | 1 | $ 144,000 | $ 144,000 | $ 107,000 |
| Cook County Minnesota | 1 | $ 25,000 | $ 25,000 | $ 103,000 |
| Douglas County Minnesota | 1 | $ 417,000 | $ 417,000 | $ 307,000 |
| Hennepin County Minnesota | 1 | $ 109,000 | $ 109,000 | $ 168,000 |
| Olmsted County Minnesota | 1 | $ 638,000 | $ 638,000 | $ 524,000 |
| St. Louis County Minnesota | 1 | $ 117,000 | $ 117,000 | $ 91,000 |
| Douglas County Nebraska | 1 | $ 255,000 | $ 255,000 | $ 230,000 |
| Elko County Nevada | 1 | $ 79,000 | $ 79,000 | $ 55,000 |
| Carroll County New Hampshire | 1 | $ 172,000 | $ 172,000 | $ 68,000 |
| Grafton County New Hampshire | 1 | $ 200,000 | $ 200,000 | $ 73,000 |
| Hillsborough County New Hampshire | 1 | $ 109,000 | $ 109,000 | $ 52,000 |
| Atlantic County New Jersey | 1 | $ 175,000 | $ 175,000 | $ 123,000 |
| Somerset County New Jersey | 1 | $ 417,000 | $ 417,000 | $ 115,000 |
| Sussex County New Jersey | 1 | $ 348,000 | $ 348,000 | $ 231,000 |
| Bernalillo County New Mexico | 1 | $ 200,000 | $ 200,000 | $ 50,000 |
| Eddy County New Mexico | 1 | $ 148,000 | $ 148,000 | $ 81,000 |
| Chenango County New York | 1 | $ 120,000 | $ 120,000 | $ 222,000 |
| Dutchess County New York | 1 | $ 333,000 | $ 333,000 | $ 162,000 |
| Erie County New York | 1 | $ 168,000 | $ 168,000 | $ 108,000 |
| Nassau County New York | 1 | $ 50,000 | $ 50,000 | $ 36,000 |
| Rockland County New York | 1 | $ 417,000 | $ 417,000 | $ 152,000 |
| Cabarrus County North Carolina | 1 | $ 212,000 | $ 212,000 | $ 76,000 |
| Camden County North Carolina | 1 | $ 237,000 | $ 237,000 | $ 110,000 |
| Catawba County North Carolina | 1 | $ 125,000 | $ 125,000 | $ 51,000 |
| Currituck County North Carolina | 1 | $ 347,000 | $ 347,000 | $ 452,000 |
| Dare County North Carolina | 1 | $ 5,000 | $ 5,000 | $ 122,000 |
| Henderson County North Carolina | 1 | $ 239,000 | $ 239,000 | $ 106,000 |
| Johnston County North Carolina | 1 | $ 109,000 | $ 109,000 | $ 126,000 |
| Orange County North Carolina | 1 | $ 344,000 | $ 344,000 | $ 101,000 |
| Pamlico County North Carolina | 1 | $ 294,000 | $ 294,000 | $ 156,000 |
| Pender County North Carolina | 1 | $ 213,000 | $ 213,000 | $ 165,000 |
| Union County North Carolina | 1 | $ 114,000 | $ 114,000 | $ 42,000 |
| Vance County North Carolina | 1 | $ 154,000 | $ 154,000 | $ 109,000 |
| Yancey County North Carolina | 1 | $ 161,000 | $ 161,000 | $ 116,000 |
| Medina County Ohio | 1 | $ 208,000 | $ 208,000 | $ 71,000 |
| Montgomery County Ohio | 1 | $ 133,000 | $ 133,000 | $ 96,000 |
| Tulsa County Oklahoma | 1 | $ 118,000 | $ 118,000 | $ 104,000 |
| Lane County Oregon | 1 | $ 169,000 | $ 169,000 | $ 75,000 |
| Allegheny County Pennsylvania | 1 | $ 315,000 | $ 315,000 | $ 168,000 |
| Armstrong County Pennsylvania | 1 | $ 120,000 | $ 120,000 | $ 128,000 |
| Bucks County Pennsylvania | 1 | $ 200,000 | $ 200,000 | $ 263,000 |
| Cambria County Pennsylvania | 1 | $ 169,000 | $ 169,000 | $ 133,000 |
| Centre County Pennsylvania | 1 | $ 177,000 | $ 177,000 | $ 62,000 |
| Chester County Pennsylvania | 1 | $ 308,000 | $ 308,000 | $ 106,000 |
| Cumberland County Pennsylvania | 1 | $ 165,000 | $ 165,000 | $ 63,000 |
| Delaware County Pennsylvania | 1 | $ 66,000 | $ 66,000 | $ 205,000 |
| Erie County Pennsylvania | 1 | $ 312,000 | $ 312,000 | $ 127,000 |
| Montgomery County Pennsylvania | 1 | $ 306,000 | $ 306,000 | $ 120,000 |
| Philadelphia County Pennsylvania | 1 | $ 285,000 | $ 285,000 | $ 100,000 |
| Union County Pennsylvania | 1 | $ 149,000 | $ 149,000 | $ 207,000 |
| Washington County Pennsylvania | 1 | $ 169,000 | $ 169,000 | $ 51,000 |
| Westmoreland County Pennsylvania | 1 | $ 216,000 | $ 216,000 | $ 152,000 |
| Newport County Rhode Island | 1 | $ 340,000 | $ 340,000 | $ 160,000 |
| Greenville County South Carolina | 1 | $ 152,000 | $ 152,000 | $ 77,000 |
| Spartanburg County South Carolina | 1 | $ 188,000 | $ 188,000 | $ 57,000 |
| Blount County Tennessee | 1 | $ 417,000 | $ 417,000 | $ 53,000 |
| Monroe County Tennessee | 1 | $ 162,000 | $ 162,000 | $ 240,000 |
| Montgomery County Tennessee | 1 | $ 78,000 | $ 78,000 | $ 91,000 |
| Sevier County Tennessee | 1 | $ 105,000 | $ 105,000 | $ 90,000 |
| Sullivan County Tennessee | 1 | $ 142,000 | $ 142,000 | $ 92,000 |
| Wilson County Tennessee | 1 | $ 324,000 | $ 324,000 | $ 84,000 |
| Denton County Texas | 1 | $ 227,000 | $ 227,000 | $ 125,000 |
| Tom Green County Texas | 1 | $ 224,000 | $ 224,000 | $ 133,000 |
| Travis County Texas | 1 | $ 181,000 | $ 181,000 | $ 86,000 |
| Williamson County Texas | 1 | $ 109,000 | $ 109,000 | $ 61,000 |
| Chittenden County Vermont | 1 | $ 315,000 | $ 315,000 | $ 80,000 |
| Accomack County Virginia | 1 | $ 166,000 | $ 166,000 | $ 32,000 |
| Albemarle County Virginia | 1 | $ 446,000 | $ 446,000 | $ 238,000 |
| Bedford County Virginia | 1 | $ 166,000 | $ 166,000 | $ 105,000 |
| Franklin County Virginia | 1 | $ 804,000 | $ 804,000 | $ 337,000 |
| Harrisonburg County Virginia | 1 | $ 105,000 | $ 105,000 | $ 189,000 |
| King George County Virginia | 1 | $ 189,000 | $ 189,000 | $ 66,000 |
| Lancaster County Virginia | 1 | $ 417,000 | $ 417,000 | $ 274,000 |
| Madison County Virginia | 1 | $ 105,000 | $ 105,000 | $ 64,000 |
| Manassas County Virginia | 1 | $ 210,000 | $ 210,000 | $ 209,000 |
| Montgomery County Virginia | 1 | $ 100,000 | $ 100,000 | $ 143,000 |
| Portsmouth County Virginia | 1 | $ 132,000 | $ 132,000 | $ 173,000 |
| Prince William County Virginia | 1 | $ 400,000 | $ 400,000 | $ 144,000 |
| Washington County Virginia | 1 | $ 113,000 | $ 113,000 | $ 60,000 |
| Pendleton County West Virginia | 1 | $ 150,000 | $ 150,000 | $ 136,000 |
| Putnam County West Virginia | 1 | $ 195,000 | $ 195,000 | $ 89,000 |
| Sauk County Wisconsin | 1 | $ 250,000 | $ 250,000 | $ 244,000 |
| Trempealeau County Wisconsin | 1 | $ 108,000 | $ 108,000 | $ 120,000 |
Mortgage Loan Application Detail Totals for Tower Federal Credit Union in 2010
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 |
|---|---|---|---|---|---|---|
| Refinancing | 2,291 | $558,670,000 | $243,000 | $834,000 | $137,000 | $800,000 |
| Home Purchase | 312 | $78,901,000 | $252,000 | $780,000 | $122,000 | $452,000 |
| Home Improvement | 74 | $3,029,000 | $40,000 | $228,000 | $121,000 | $269,000 |
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 | 1,437 | $344,339,000 | $239,000 | $834,000 | $138,000 | $710,000 |
| Not Provided | 1,032 | $246,863,000 | $239,000 | $834,000 | $135,000 | $800,000 |
| Black or African American | 117 | $27,529,000 | $235,000 | $703,000 | $124,000 | $340,000 |
| Asian | 43 | $10,703,000 | $248,000 | $617,000 | $121,000 | $278,000 |
| Hispanic | 33 | $8,203,000 | $248,000 | $708,000 | $114,000 | $303,000 |
| American Indian or Alaskan Native | 10 | $1,976,000 | $197,000 | $404,000 | $116,000 | $225,000 |
| Native Hawaiian or Other Pacific Islander | 5 | $987,000 | $197,000 | $265,000 | $91,000 | $182,000 |
| 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) | 2,648 | $632,052,000 | $238,000 | $834,000 | $135,000 | $800,000 |
| VA-guaranteed (Veterans Administration) | 29 | $8,548,000 | $294,000 | $413,000 | $112,000 | $283,000 |
| 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 |
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 | 1,926 | $440,997,000 | $228,000 | $828,000 | $137,000 | $800,000 |
| Application Withdrawn By Applicant | 727 | $193,959,000 | $266,000 | $834,000 | $130,000 | $710,000 |
| Application Denied By Financial Institution | 23 | $5,359,000 | $233,000 | $480,000 | $133,000 | $303,000 |
| Application Approved But Not Accepted | 1 | $285,000 | $285,000 | $285,000 | $103,000 | $103,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 9 | $1,602,000 | $178,000 | $459,000 | $106,000 | $205,000 |
| Credit History | 8 | $2,499,000 | $312,000 | $480,000 | $122,000 | $170,000 |
| Collateral | 3 | $660,000 | $220,000 | $398,000 | $231,000 | $303,000 |
| Mortgage Insurance Denied | 2 | $427,000 | $213,000 | $404,000 | $198,000 | $233,000 |
| Unverifiable Information | 1 | $171,000 | $171,000 | $171,000 | $47,000 | $47,000 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Tower Federal Credit Union's 2010 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 Tower 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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