Tower Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2011
Tower Federal Credit Union 2011 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 | 2,109 |
| Total Mortgage Loan Application Amount | $475,103,000 |
| Average Mortgage Loan Application Amount | $183,666 |
| Highest Mortgage Loan Application Amount | $834,000 |
| Average Applicant Income | $124,666 |
| Highest Applicant Income | $1,148,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2011 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 2011 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 2011.
| 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 | 649 | $ 147,489,000 | $ 227,000 | $ 130,000 |
| Howard County Maryland | 415 | $ 105,202,000 | $ 253,000 | $ 153,000 |
| Baltimore County Maryland | 176 | $ 34,054,000 | $ 193,000 | $ 108,000 |
| Carroll County Maryland | 142 | $ 33,612,000 | $ 236,000 | $ 141,000 |
| Prince George's County Maryland | 104 | $ 21,481,000 | $ 206,000 | $ 124,000 |
| Montgomery County Maryland | 69 | $ 18,476,000 | $ 267,000 | $ 144,000 |
| Baltimore City County Maryland | 52 | $ 7,292,000 | $ 140,000 | $ 90,000 |
| Frederick County Maryland | 42 | $ 10,294,000 | $ 245,000 | $ 152,000 |
| Harford County Maryland | 37 | $ 7,395,000 | $ 199,000 | $ 125,000 |
| York County Pennsylvania | 36 | $ 6,245,000 | $ 173,000 | $ 106,000 |
| Queen Anne's County Maryland | 31 | $ 8,417,000 | $ 271,000 | $ 117,000 |
| District of Columbia County District Of Columbia | 16 | $ 3,759,000 | $ 234,000 | $ 115,000 |
| Worcester County Maryland | 13 | $ 3,465,000 | $ 266,000 | $ 168,000 |
| Adams County Pennsylvania | 12 | $ 2,324,000 | $ 193,000 | $ 157,000 |
| Sussex County Delaware | 11 | $ 1,961,000 | $ 178,000 | $ 117,000 |
| Arapahoe County Colorado | 10 | $ 2,216,000 | $ 221,000 | $ 129,000 |
| Calvert County Maryland | 10 | $ 2,311,000 | $ 231,000 | $ 139,000 |
| Fairfax County Virginia | 9 | $ 2,731,000 | $ 303,000 | $ 172,000 |
| Loudoun County Virginia | 9 | $ 2,996,000 | $ 332,000 | $ 153,000 |
| Caroline County Maryland | 7 | $ 1,092,000 | $ 156,000 | $ 109,000 |
| Charles County Maryland | 6 | $ 1,417,000 | $ 236,000 | $ 104,000 |
| Prince William County Virginia | 6 | $ 1,978,000 | $ 329,000 | $ 164,000 |
| Douglas County Colorado | 5 | $ 973,000 | $ 194,000 | $ 134,000 |
| Columbia County Georgia | 5 | $ 1,152,000 | $ 230,000 | $ 166,000 |
| Talbot County Maryland | 5 | $ 1,227,000 | $ 245,000 | $ 135,000 |
| Honolulu County Hawaii | 4 | $ 1,449,000 | $ 362,000 | $ 133,000 |
| Wicomico County Maryland | 4 | $ 619,000 | $ 154,000 | $ 80,000 |
| Wake County North Carolina | 4 | $ 700,000 | $ 175,000 | $ 145,000 |
| Arlington County Virginia | 4 | $ 1,047,000 | $ 261,000 | $ 154,000 |
| Berkeley County West Virginia | 4 | $ 637,000 | $ 159,000 | $ 159,000 |
| Denver County Colorado | 3 | $ 648,000 | $ 216,000 | $ 138,000 |
| Hillsborough County Florida | 3 | $ 363,000 | $ 121,000 | $ 148,000 |
| Martin County Florida | 3 | $ 408,000 | $ 136,000 | $ 99,000 |
| Kent County Maryland | 3 | $ 709,000 | $ 236,000 | $ 132,000 |
| Catawba County North Carolina | 3 | $ 424,000 | $ 141,000 | $ 112,000 |
| Westmoreland County Pennsylvania | 3 | $ 699,000 | $ 233,000 | $ 116,000 |
| Stafford County Virginia | 3 | $ 661,000 | $ 220,000 | $ 130,000 |
| Maricopa County Arizona | 2 | $ 274,000 | $ 137,000 | $ 101,000 |
| Pima County Arizona | 2 | $ 354,000 | $ 177,000 | $ 102,000 |
| Orange County California | 2 | $ 910,000 | $ 455,000 | $ 185,000 |
| Boulder County Colorado | 2 | $ 608,000 | $ 304,000 | $ 84,000 |
| Broomfield County Colorado | 2 | $ 990,000 | $ 495,000 | $ 262,000 |
| Kent County Delaware | 2 | $ 218,000 | $ 109,000 | $ 57,000 |
| New Castle County Delaware | 2 | $ 175,000 | $ 87,000 | $ 51,000 |
| Charlotte County Florida | 2 | $ 141,000 | $ 70,000 | $ 69,000 |
| Hernando County Florida | 2 | $ 195,000 | $ 97,000 | $ 52,000 |
| Marion County Florida | 2 | $ 292,000 | $ 146,000 | $ 90,000 |
| Pinellas County Florida | 2 | $ 566,000 | $ 283,000 | $ 97,000 |
| Sarasota County Florida | 2 | $ 267,000 | $ 133,000 | $ 104,000 |
| DeKalb County Georgia | 2 | $ 348,000 | $ 174,000 | $ 149,000 |
| Gwinnett County Georgia | 2 | $ 242,000 | $ 121,000 | $ 163,000 |
| Cecil County Maryland | 2 | $ 494,000 | $ 247,000 | $ 146,000 |
| Dorchester County Maryland | 2 | $ 390,000 | $ 195,000 | $ 130,000 |
| Garrett County Maryland | 2 | $ 340,000 | $ 170,000 | $ 199,000 |
| Washington County Maryland | 2 | $ 417,000 | $ 208,000 | $ 146,000 |
| Livingston County Michigan | 2 | $ 479,000 | $ 239,000 | $ 118,000 |
| Dare County North Carolina | 2 | $ 222,000 | $ 111,000 | $ 186,000 |
| Halifax County North Carolina | 2 | $ 86,000 | $ 43,000 | $ 31,000 |
| New Hanover County North Carolina | 2 | $ 400,000 | $ 200,000 | $ 110,000 |
| Tulsa County Oklahoma | 2 | $ 333,000 | $ 166,000 | $ 73,000 |
| Delaware County Pennsylvania | 2 | $ 370,000 | $ 185,000 | $ 157,000 |
| Lancaster County Pennsylvania | 2 | $ 393,000 | $ 196,000 | $ 88,000 |
| Union County Pennsylvania | 2 | $ 223,000 | $ 111,000 | $ 160,000 |
| Greenville County South Carolina | 2 | $ 226,000 | $ 113,000 | $ 59,000 |
| Bexar County Texas | 2 | $ 417,000 | $ 208,000 | $ 119,000 |
| Travis County Texas | 2 | $ 288,000 | $ 144,000 | $ 127,000 |
| Alexandria County Virginia | 2 | $ 602,000 | $ 301,000 | $ 215,000 |
| Chesterfield County Virginia | 2 | $ 375,000 | $ 187,000 | $ 89,000 |
| Falls Church County Virginia | 2 | $ 526,000 | $ 263,000 | $ 134,000 |
| Fauquier County Virginia | 2 | $ 762,000 | $ 381,000 | $ 175,000 |
| Baldwin County Alabama | 1 | $ 331,000 | $ 331,000 | $ 85,000 |
| Dale County Alabama | 1 | $ 121,000 | $ 121,000 | $ 64,000 |
| Franklin County Alabama | 1 | $ 150,000 | $ 150,000 | $ 140,000 |
| Jefferson County Alabama | 1 | $ 220,000 | $ 220,000 | $ 147,000 |
| Madison County Alabama | 1 | $ 124,000 | $ 124,000 | $ 50,000 |
| Fairbanks North Star County Alaska | 1 | $ 230,000 | $ 230,000 | $ 115,000 |
| Navajo County Arizona | 1 | $ 249,000 | $ 249,000 | $ 157,000 |
| Pinal County Arizona | 1 | $ 125,000 | $ 125,000 | $ 247,000 |
| Alameda County California | 1 | $ 113,000 | $ 113,000 | $ 69,000 |
| Lassen County California | 1 | $ 159,000 | $ 159,000 | $ 64,000 |
| San Bernardino County California | 1 | $ 127,000 | $ 127,000 | $ 236,000 |
| El Paso County Colorado | 1 | $ 180,000 | $ 180,000 | $ 177,000 |
| Larimer County Colorado | 1 | $ 300,000 | $ 300,000 | $ 312,000 |
| Fairfield County Connecticut | 1 | $ 265,000 | $ 265,000 | $ 108,000 |
| Broward County Florida | 1 | $ 409,000 | $ 409,000 | $ 280,000 |
| Clay County Florida | 1 | $ 254,000 | $ 254,000 | $ 112,000 |
| Duval County Florida | 1 | $ 20,000 | $ 20,000 | $ 137,000 |
| Escambia County Florida | 1 | $ 150,000 | $ 150,000 | $ 100,000 |
| Flagler County Florida | 1 | $ 67,000 | $ 67,000 | $ 89,000 |
| Indian River County Florida | 1 | $ 300,000 | $ 300,000 | $ 122,000 |
| Lake County Florida | 1 | $ 198,000 | $ 198,000 | $ 60,000 |
| Manatee County Florida | 1 | $ 386,000 | $ 386,000 | $ 125,000 |
| Orange County Florida | 1 | $ 146,000 | $ 146,000 | $ 162,000 |
| Osceola County Florida | 1 | $ 77,000 | $ 77,000 | $ 72,000 |
| Palm Beach County Florida | 1 | $ 75,000 | $ 75,000 | $ 149,000 |
| Santa Rosa County Florida | 1 | $ 136,000 | $ 136,000 | $ 76,000 |
| Seminole County Florida | 1 | $ 219,000 | $ 219,000 | $ 202,000 |
| Sumter County Florida | 1 | $ 320,000 | $ 320,000 | $ 71,000 |
| Chatham County Georgia | 1 | $ 149,000 | $ 149,000 | $ 106,000 |
| Cobb County Georgia | 1 | $ 98,000 | $ 98,000 | $ 132,000 |
| Bonner County Idaho | 1 | $ 279,000 | $ 279,000 | $ 155,000 |
| Bonneville County Idaho | 1 | $ 18,000 | $ 18,000 | $ 100,000 |
| Cook County Illinois | 1 | $ 189,000 | $ 189,000 | $ 99,000 |
| Monroe County Indiana | 1 | $ 240,000 | $ 240,000 | $ 145,000 |
| Cass County Iowa | 1 | $ 101,000 | $ 101,000 | $ 70,000 |
| Grundy County Iowa | 1 | $ 80,000 | $ 80,000 | $ 28,000 |
| Larue County Kentucky | 1 | $ 274,000 | $ 274,000 | $ 140,000 |
| Somerset County Maryland | 1 | $ 124,000 | $ 124,000 | $ 83,000 |
| St. Mary's County Maryland | 1 | $ 417,000 | $ 417,000 | $ 166,000 |
| Barnstable County Massachusetts | 1 | $ 225,000 | $ 225,000 | $ 259,000 |
| Middlesex County Massachusetts | 1 | $ 349,000 | $ 349,000 | $ 100,000 |
| Plymouth County Massachusetts | 1 | $ 100,000 | $ 100,000 | $ 78,000 |
| Sarpy County Nebraska | 1 | $ 118,000 | $ 118,000 | $ 46,000 |
| Clark County Nevada | 1 | $ 100,000 | $ 100,000 | $ 175,000 |
| Washoe County Nevada | 1 | $ 150,000 | $ 150,000 | $ 87,000 |
| Hillsborough County New Hampshire | 1 | $ 100,000 | $ 100,000 | $ 150,000 |
| Merrimack County New Hampshire | 1 | $ 272,000 | $ 272,000 | $ 164,000 |
| Ocean County New Jersey | 1 | $ 85,000 | $ 85,000 | $ 122,000 |
| Sussex County New Jersey | 1 | $ 346,000 | $ 346,000 | $ 209,000 |
| Valencia County New Mexico | 1 | $ 74,000 | $ 74,000 | $ 39,000 |
| Cortland County New York | 1 | $ 50,000 | $ 50,000 | $ 60,000 |
| Dutchess County New York | 1 | $ 340,000 | $ 340,000 | $ 140,000 |
| Essex County New York | 1 | $ 240,000 | $ 240,000 | $ 104,000 |
| Jefferson County New York | 1 | $ 150,000 | $ 150,000 | $ 140,000 |
| Niagara County New York | 1 | $ 177,000 | $ 177,000 | $ 73,000 |
| Ontario County New York | 1 | $ 259,000 | $ 259,000 | $ 170,000 |
| St. Lawrence County New York | 1 | $ 176,000 | $ 176,000 | $ 309,000 |
| Suffolk County New York | 1 | $ 151,000 | $ 151,000 | $ 24,000 |
| Chatham County North Carolina | 1 | $ 276,000 | $ 276,000 | $ 165,000 |
| Currituck County North Carolina | 1 | $ 300,000 | $ 300,000 | $ 164,000 |
| Guilford County North Carolina | 1 | $ 152,000 | $ 152,000 | $ 125,000 |
| Mecklenburg County North Carolina | 1 | $ 97,000 | $ 97,000 | $ 73,000 |
| Moore County North Carolina | 1 | $ 243,000 | $ 243,000 | $ 174,000 |
| Orange County North Carolina | 1 | $ 300,000 | $ 300,000 | $ 139,000 |
| Pamlico County North Carolina | 1 | $ 294,000 | $ 294,000 | $ 170,000 |
| Rutherford County North Carolina | 1 | $ 358,000 | $ 358,000 | $ 161,000 |
| Transylvania County North Carolina | 1 | $ 83,000 | $ 83,000 | $ 124,000 |
| Union County North Carolina | 1 | $ 534,000 | $ 534,000 | $ 189,000 |
| Warren County North Carolina | 1 | $ 221,000 | $ 221,000 | $ 292,000 |
| Adams County Ohio | 1 | $ 200,000 | $ 200,000 | $ 157,000 |
| Lake County Ohio | 1 | $ 280,000 | $ 280,000 | $ 146,000 |
| Mahoning County Ohio | 1 | $ 25,000 | $ 25,000 | $ 106,000 |
| Medina County Ohio | 1 | $ 233,000 | $ 233,000 | $ 94,000 |
| Miami County Ohio | 1 | $ 140,000 | $ 140,000 | $ 87,000 |
| Stark County Ohio | 1 | $ 98,000 | $ 98,000 | $ 85,000 |
| Allegheny County Pennsylvania | 1 | $ 290,000 | $ 290,000 | $ 155,000 |
| Bucks County Pennsylvania | 1 | $ 198,000 | $ 198,000 | $ 263,000 |
| Chester County Pennsylvania | 1 | $ 337,000 | $ 337,000 | $ 170,000 |
| Cumberland County Pennsylvania | 1 | $ 30,000 | $ 30,000 | $ 111,000 |
| Franklin County Pennsylvania | 1 | $ 180,000 | $ 180,000 | $ 64,000 |
| Fulton County Pennsylvania | 1 | $ 92,000 | $ 92,000 | $ 96,000 |
| Northampton County Pennsylvania | 1 | $ 140,000 | $ 140,000 | $ 70,000 |
| Potter County Pennsylvania | 1 | $ 137,000 | $ 137,000 | $ 159,000 |
| Somerset County Pennsylvania | 1 | $ 75,000 | $ 75,000 | $ 71,000 |
| Aiken County South Carolina | 1 | $ 300,000 | $ 300,000 | $ 77,000 |
| Beaufort County South Carolina | 1 | $ 377,000 | $ 377,000 | $ 361,000 |
| Berkeley County South Carolina | 1 | $ 87,000 | $ 87,000 | $ 161,000 |
| Horry County South Carolina | 1 | $ 93,000 | $ 93,000 | $ 45,000 |
| McCormick County South Carolina | 1 | $ 130,000 | $ 130,000 | $ 68,000 |
| Newberry County South Carolina | 1 | $ 251,000 | $ 251,000 | $ 98,000 |
| Custer County South Dakota | 1 | $ 302,000 | $ 302,000 | $ 217,000 |
| Blount County Tennessee | 1 | $ 238,000 | $ 238,000 | $ 87,000 |
| McMinn County Tennessee | 1 | $ 84,000 | $ 84,000 | $ 67,000 |
| Fort Bend County Texas | 1 | $ 150,000 | $ 150,000 | $ 100,000 |
| Parker County Texas | 1 | $ 187,000 | $ 187,000 | $ 244,000 |
| Val Verde County Texas | 1 | $ 204,000 | $ 204,000 | $ 81,000 |
| Van Zandt County Texas | 1 | $ 31,000 | $ 31,000 | $ 136,000 |
| Salt Lake County Utah | 1 | $ 121,000 | $ 121,000 | $ 332,000 |
| Utah County Utah | 1 | $ 228,000 | $ 228,000 | $ 129,000 |
| Orleans County Vermont | 1 | $ 168,000 | $ 168,000 | $ 85,000 |
| Albemarle County Virginia | 1 | $ 172,000 | $ 172,000 | $ 119,000 |
| Charlottesville County Virginia | 1 | $ 834,000 | $ 834,000 | $ 128,000 |
| Chesapeake County Virginia | 1 | $ 302,000 | $ 302,000 | $ 96,000 |
| Franklin City County Virginia | 1 | $ 238,000 | $ 238,000 | $ 110,000 |
| Henrico County Virginia | 1 | $ 40,000 | $ 40,000 | $ 145,000 |
| Lancaster County Virginia | 1 | $ 410,000 | $ 410,000 | $ 227,000 |
| Louisa County Virginia | 1 | $ 103,000 | $ 103,000 | $ 149,000 |
| Mecklenburg County Virginia | 1 | $ 235,000 | $ 235,000 | $ 123,000 |
| Montgomery County Virginia | 1 | $ 146,000 | $ 146,000 | $ 67,000 |
| Northumberland County Virginia | 1 | $ 65,000 | $ 65,000 | $ 93,000 |
| Powhatan County Virginia | 1 | $ 100,000 | $ 100,000 | $ 65,000 |
| Westmoreland County Virginia | 1 | $ 136,000 | $ 136,000 | $ 81,000 |
| Winchester County Virginia | 1 | $ 269,000 | $ 269,000 | $ 110,000 |
| Stevens County Washington | 1 | $ 104,000 | $ 104,000 | $ 60,000 |
| Walla Walla County Washington | 1 | $ 313,000 | $ 313,000 | $ 58,000 |
| Yakima County Washington | 1 | $ 218,000 | $ 218,000 | $ 83,000 |
| Cabell County West Virginia | 1 | $ 65,000 | $ 65,000 | $ 55,000 |
| Grant County West Virginia | 1 | $ 203,000 | $ 203,000 | $ 215,000 |
| Hampshire County West Virginia | 1 | $ 125,000 | $ 125,000 | $ 300,000 |
| Jefferson County West Virginia | 1 | $ 390,000 | $ 390,000 | $ 80,000 |
| Morgan County West Virginia | 1 | $ 80,000 | $ 80,000 | $ 113,000 |
| Pendleton County West Virginia | 1 | $ 117,000 | $ 117,000 | $ 230,000 |
| Preston County West Virginia | 1 | $ 206,000 | $ 206,000 | $ 57,000 |
| Adams County Wisconsin | 1 | $ 64,000 | $ 64,000 | $ 130,000 |
| Park County Wyoming | 1 | $ 176,000 | $ 176,000 | $ 65,000 |
Mortgage Loan Application Detail Totals for Tower Federal Credit Union in 2011
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 | 1,753 | $409,377,000 | $233,000 | $834,000 | $136,000 | $1,148,000 |
| Home Purchase | 241 | $55,685,000 | $231,000 | $624,000 | $116,000 | $353,000 |
| Home Improvement | 115 | $10,041,000 | $87,000 | $600,000 | $122,000 | $287,000 |
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 | 1,060 | $242,468,000 | $228,000 | $834,000 | $134,000 | $1,148,000 |
| Not Provided | 874 | $196,497,000 | $224,000 | $748,000 | $133,000 | $438,000 |
| Black or African American | 113 | $21,189,000 | $187,000 | $570,000 | $109,000 | $303,000 |
| Hispanic | 25 | $5,136,000 | $205,000 | $477,000 | $132,000 | $305,000 |
| Asian | 25 | $6,472,000 | $258,000 | $417,000 | $136,000 | $285,000 |
| American Indian or Alaskan Native | 10 | $2,857,000 | $285,000 | $417,000 | $163,000 | $316,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $484,000 | $242,000 | $295,000 | $60,000 | $85,000 |
| 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) | 2,096 | $471,621,000 | $225,000 | $834,000 | $133,000 | $1,148,000 |
| VA-guaranteed (Veterans Administration) | 12 | $3,182,000 | $265,000 | $386,000 | $96,000 | $160,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $300,000 | $300,000 | $300,000 | $154,000 | $154,000 |
| FHA-insured (Federal Housing 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 | 1,548 | $331,144,000 | $213,000 | $776,000 | $134,000 | $1,148,000 |
| Application Withdrawn By Applicant | 539 | $140,027,000 | $259,000 | $834,000 | $130,000 | $438,000 |
| Application Denied By Financial Institution | 22 | $3,932,000 | $178,000 | $560,000 | $96,000 | $311,000 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 9 | $1,379,000 | $153,000 | $560,000 | $133,000 | $311,000 |
| Debt-To-Income Ratio | 9 | $1,548,000 | $172,000 | $464,000 | $63,000 | $144,000 |
| Collateral | 2 | $536,000 | $268,000 | $302,000 | $118,000 | $126,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $185,000 | $185,000 | $185,000 | $35,000 | $35,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Tower Federal Credit Union's 2011 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.
For a list of all lenders in Maryland, download the full spreadsheet
with aggregated HMDA statistics today.