Tower Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2012
Tower Federal Credit Union 2012 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 | 2,346 |
| Total Mortgage Loan Application Amount | $535,433,000 |
| Average Mortgage Loan Application Amount | $193,000 |
| Highest Mortgage Loan Application Amount | $813,000 |
| Average Applicant Income | $123,333 |
| Highest Applicant Income | $1,259,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2012 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 2012 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 2012.
| 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 | 781 | $ 172,921,000 | $ 221,000 | $ 120,000 |
| Howard County Maryland | 446 | $ 112,984,000 | $ 253,000 | $ 148,000 |
| Baltimore County Maryland | 217 | $ 43,292,000 | $ 199,000 | $ 108,000 |
| Carroll County Maryland | 168 | $ 42,309,000 | $ 251,000 | $ 151,000 |
| Prince George's County Maryland | 121 | $ 26,004,000 | $ 214,000 | $ 117,000 |
| Montgomery County Maryland | 59 | $ 14,827,000 | $ 251,000 | $ 126,000 |
| Baltimore City County Maryland | 57 | $ 9,197,000 | $ 161,000 | $ 102,000 |
| Harford County Maryland | 36 | $ 8,583,000 | $ 238,000 | $ 130,000 |
| Frederick County Maryland | 32 | $ 8,530,000 | $ 266,000 | $ 116,000 |
| Queen Anne's County Maryland | 27 | $ 8,400,000 | $ 311,000 | $ 155,000 |
| York County Pennsylvania | 24 | $ 4,268,000 | $ 177,000 | $ 127,000 |
| Sussex County Delaware | 20 | $ 4,094,000 | $ 204,000 | $ 128,000 |
| Worcester County Maryland | 18 | $ 2,859,000 | $ 158,000 | $ 159,000 |
| Fairfax County Virginia | 18 | $ 5,697,000 | $ 316,000 | $ 155,000 |
| Caroline County Maryland | 15 | $ 3,276,000 | $ 218,000 | $ 121,000 |
| Loudoun County Virginia | 12 | $ 3,855,000 | $ 321,000 | $ 147,000 |
| District of Columbia County District Of Columbia | 11 | $ 2,331,000 | $ 211,000 | $ 115,000 |
| Adams County Pennsylvania | 11 | $ 1,913,000 | $ 173,000 | $ 125,000 |
| Arapahoe County Colorado | 10 | $ 2,749,000 | $ 274,000 | $ 155,000 |
| Calvert County Maryland | 6 | $ 1,512,000 | $ 252,000 | $ 151,000 |
| Charles County Maryland | 6 | $ 1,389,000 | $ 231,000 | $ 90,000 |
| Columbia County Georgia | 5 | $ 1,602,000 | $ 320,000 | $ 112,000 |
| Talbot County Maryland | 5 | $ 913,000 | $ 182,000 | $ 84,000 |
| Wake County North Carolina | 5 | $ 936,000 | $ 187,000 | $ 99,000 |
| Arlington County Virginia | 5 | $ 994,000 | $ 198,000 | $ 142,000 |
| Prince William County Virginia | 5 | $ 1,491,000 | $ 298,000 | $ 133,000 |
| El Paso County Colorado | 4 | $ 1,125,000 | $ 281,000 | $ 143,000 |
| Hillsborough County Florida | 4 | $ 972,000 | $ 243,000 | $ 127,000 |
| Garrett County Maryland | 4 | $ 691,000 | $ 172,000 | $ 146,000 |
| Franklin County Pennsylvania | 4 | $ 777,000 | $ 194,000 | $ 98,000 |
| Horry County South Carolina | 4 | $ 475,000 | $ 118,000 | $ 77,000 |
| Bexar County Texas | 4 | $ 750,000 | $ 187,000 | $ 124,000 |
| Santa Clara County California | 3 | $ 1,922,000 | $ 640,000 | $ 364,000 |
| Charlotte County Florida | 3 | $ 304,000 | $ 101,000 | $ 66,000 |
| Manatee County Florida | 3 | $ 554,000 | $ 184,000 | $ 159,000 |
| Pinellas County Florida | 3 | $ 797,000 | $ 265,000 | $ 148,000 |
| Sumter County Florida | 3 | $ 599,000 | $ 199,000 | $ 90,000 |
| Volusia County Florida | 3 | $ 436,000 | $ 145,000 | $ 98,000 |
| Honolulu County Hawaii | 3 | $ 1,233,000 | $ 411,000 | $ 138,000 |
| Washington County Maryland | 3 | $ 690,000 | $ 230,000 | $ 100,000 |
| Hillsborough County New Hampshire | 3 | $ 603,000 | $ 201,000 | $ 121,000 |
| Brunswick County North Carolina | 3 | $ 857,000 | $ 285,000 | $ 223,000 |
| Berkeley County West Virginia | 3 | $ 414,000 | $ 138,000 | $ 126,000 |
| Maricopa County Arizona | 2 | $ 431,000 | $ 215,000 | $ 83,000 |
| Placer County California | 2 | $ 786,000 | $ 393,000 | $ 81,000 |
| Denver County Colorado | 2 | $ 559,000 | $ 279,000 | $ 148,000 |
| Douglas County Colorado | 2 | $ 464,000 | $ 232,000 | $ 136,000 |
| Brevard County Florida | 2 | $ 591,000 | $ 295,000 | $ 202,000 |
| Lee County Florida | 2 | $ 538,000 | $ 269,000 | $ 150,000 |
| Orange County Florida | 2 | $ 261,000 | $ 130,000 | $ 89,000 |
| Palm Beach County Florida | 2 | $ 334,000 | $ 167,000 | $ 68,000 |
| Seminole County Florida | 2 | $ 444,000 | $ 222,000 | $ 60,000 |
| Cobb County Georgia | 2 | $ 173,000 | $ 86,000 | $ 60,000 |
| Cecil County Maryland | 2 | $ 543,000 | $ 271,000 | $ 97,000 |
| Kent County Maryland | 2 | $ 357,000 | $ 178,000 | $ 107,000 |
| Somerset County Maryland | 2 | $ 174,000 | $ 87,000 | $ 90,000 |
| Clark County Nevada | 2 | $ 445,000 | $ 222,000 | $ 69,000 |
| Monmouth County New Jersey | 2 | $ 548,000 | $ 274,000 | $ 241,000 |
| Currituck County North Carolina | 2 | $ 384,000 | $ 192,000 | $ 168,000 |
| Allegheny County Pennsylvania | 2 | $ 634,000 | $ 317,000 | $ 186,000 |
| Montgomery County Pennsylvania | 2 | $ 449,000 | $ 224,000 | $ 126,000 |
| Philadelphia County Pennsylvania | 2 | $ 269,000 | $ 134,000 | $ 118,000 |
| Travis County Texas | 2 | $ 415,000 | $ 207,000 | $ 64,000 |
| Utah County Utah | 2 | $ 203,000 | $ 101,000 | $ 157,000 |
| Accomack County Virginia | 2 | $ 442,000 | $ 221,000 | $ 233,000 |
| Culpeper County Virginia | 2 | $ 409,000 | $ 204,000 | $ 110,000 |
| Franklin County Virginia | 2 | $ 772,000 | $ 386,000 | $ 328,000 |
| Spotsylvania County Virginia | 2 | $ 597,000 | $ 298,000 | $ 130,000 |
| Morgan County West Virginia | 2 | $ 617,000 | $ 308,000 | $ 95,000 |
| Houston County Alabama | 1 | $ 59,000 | $ 59,000 | $ 260,000 |
| Tuscaloosa County Alabama | 1 | $ 132,000 | $ 132,000 | $ 50,000 |
| Matanuska-Susitna County Alaska | 1 | $ 95,000 | $ 95,000 | $ 113,000 |
| Coconino County Arizona | 1 | $ 159,000 | $ 159,000 | $ 70,000 |
| Mohave County Arizona | 1 | $ 230,000 | $ 230,000 | $ 75,000 |
| Pima County Arizona | 1 | $ 251,000 | $ 251,000 | $ 41,000 |
| Pinal County Arizona | 1 | $ 101,000 | $ 101,000 | $ 49,000 |
| Benton County Arkansas | 1 | $ 195,000 | $ 195,000 | $ 89,000 |
| Nevada County California | 1 | $ 656,000 | $ 656,000 | $ 223,000 |
| San Mateo County California | 1 | $ 349,000 | $ 349,000 | $ 215,000 |
| Boulder County Colorado | 1 | $ 220,000 | $ 220,000 | $ 72,000 |
| Eagle County Colorado | 1 | $ 400,000 | $ 400,000 | $ 240,000 |
| Jefferson County Colorado | 1 | $ 150,000 | $ 150,000 | $ 146,000 |
| Larimer County Colorado | 1 | $ 436,000 | $ 436,000 | $ 229,000 |
| Kent County Delaware | 1 | $ 237,000 | $ 237,000 | $ 60,000 |
| New Castle County Delaware | 1 | $ 99,000 | $ 99,000 | $ 49,000 |
| Duval County Florida | 1 | $ 95,000 | $ 95,000 | $ 133,000 |
| Escambia County Florida | 1 | $ 198,000 | $ 198,000 | $ 76,000 |
| Gulf County Florida | 1 | $ 194,000 | $ 194,000 | $ 132,000 |
| Hernando County Florida | 1 | $ 74,000 | $ 74,000 | $ 37,000 |
| Lake County Florida | 1 | $ 239,000 | $ 239,000 | $ 75,000 |
| Miami-Dade County Florida | 1 | $ 382,000 | $ 382,000 | $ 132,000 |
| Nassau County Florida | 1 | $ 100,000 | $ 100,000 | $ 77,000 |
| St. Johns County Florida | 1 | $ 217,000 | $ 217,000 | $ 78,000 |
| St. Lucie County Florida | 1 | $ 87,000 | $ 87,000 | $ 53,000 |
| Cherokee County Georgia | 1 | $ 298,000 | $ 298,000 | $ 130,000 |
| Clarke County Georgia | 1 | $ 180,000 | $ 180,000 | $ 43,000 |
| DeKalb County Georgia | 1 | $ 101,000 | $ 101,000 | $ 109,000 |
| Forsyth County Georgia | 1 | $ 233,000 | $ 233,000 | $ 242,000 |
| Gwinnett County Georgia | 1 | $ 156,000 | $ 156,000 | $ 50,000 |
| Houston County Georgia | 1 | $ 50,000 | $ 50,000 | $ 57,000 |
| McDuffie County Georgia | 1 | $ 258,000 | $ 258,000 | $ 106,000 |
| Richmond County Georgia | 1 | $ 204,000 | $ 204,000 | $ 69,000 |
| Ada County Idaho | 1 | $ 210,000 | $ 210,000 | $ 87,000 |
| DuPage County Illinois | 1 | $ 204,000 | $ 204,000 | $ 77,000 |
| Winnebago County Illinois | 1 | $ 98,000 | $ 98,000 | $ 140,000 |
| Hamilton County Indiana | 1 | $ 100,000 | $ 100,000 | $ 71,000 |
| Johnson County Indiana | 1 | $ 8,000 | $ 8,000 | $ 63,000 |
| St. Joseph County Indiana | 1 | $ 66,000 | $ 66,000 | $ 92,000 |
| Trigg County Kentucky | 1 | $ 197,000 | $ 197,000 | $ 144,000 |
| Dorchester County Maryland | 1 | $ 282,000 | $ 282,000 | $ 100,000 |
| Wicomico County Maryland | 1 | $ 110,000 | $ 110,000 | $ 42,000 |
| Suffolk County Massachusetts | 1 | $ 321,000 | $ 321,000 | $ 168,000 |
| Worcester County Massachusetts | 1 | $ 40,000 | $ 40,000 | $ 57,000 |
| Cook County Minnesota | 1 | $ 395,000 | $ 395,000 | $ 106,000 |
| Hennepin County Minnesota | 1 | $ 370,000 | $ 370,000 | $ 126,000 |
| Douglas County Nebraska | 1 | $ 194,000 | $ 194,000 | $ 106,000 |
| Sarpy County Nebraska | 1 | $ 135,000 | $ 135,000 | $ 111,000 |
| Rockingham County New Hampshire | 1 | $ 230,000 | $ 230,000 | $ 123,000 |
| Cape May County New Jersey | 1 | $ 200,000 | $ 200,000 | $ 149,000 |
| Morris County New Jersey | 1 | $ 61,000 | $ 61,000 | $ 155,000 |
| Somerset County New Jersey | 1 | $ 175,000 | $ 175,000 | $ 162,000 |
| Bernalillo County New Mexico | 1 | $ 344,000 | $ 344,000 | $ 171,000 |
| Sierra County New Mexico | 1 | $ 400,000 | $ 400,000 | $ 430,000 |
| Nassau County New York | 1 | $ 190,000 | $ 190,000 | $ 74,000 |
| Buncombe County North Carolina | 1 | $ 184,000 | $ 184,000 | $ 126,000 |
| Carteret County North Carolina | 1 | $ 270,000 | $ 270,000 | $ 100,000 |
| Chatham County North Carolina | 1 | $ 254,000 | $ 254,000 | $ 100,000 |
| Guilford County North Carolina | 1 | $ 397,000 | $ 397,000 | $ 155,000 |
| Henderson County North Carolina | 1 | $ 86,000 | $ 86,000 | $ 73,000 |
| Mecklenburg County North Carolina | 1 | $ 228,000 | $ 228,000 | $ 128,000 |
| Moore County North Carolina | 1 | $ 166,000 | $ 166,000 | $ 46,000 |
| New Hanover County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 101,000 |
| Orange County North Carolina | 1 | $ 200,000 | $ 200,000 | $ 145,000 |
| Pamlico County North Carolina | 1 | $ 300,000 | $ 300,000 | $ 160,000 |
| Clark County Ohio | 1 | $ 49,000 | $ 49,000 | $ 159,000 |
| Coshocton County Ohio | 1 | $ 88,000 | $ 88,000 | $ 124,000 |
| Cuyahoga County Ohio | 1 | $ 18,000 | $ 18,000 | $ 148,000 |
| Richland County Ohio | 1 | $ 20,000 | $ 20,000 | $ 85,000 |
| Lane County Oregon | 1 | $ 169,000 | $ 169,000 | $ 81,000 |
| Multnomah County Oregon | 1 | $ 750,000 | $ 750,000 | $ 282,000 |
| Cambria County Pennsylvania | 1 | $ 113,000 | $ 113,000 | $ 105,000 |
| Centre County Pennsylvania | 1 | $ 150,000 | $ 150,000 | $ 98,000 |
| Chester County Pennsylvania | 1 | $ 417,000 | $ 417,000 | $ 211,000 |
| Clearfield County Pennsylvania | 1 | $ 134,000 | $ 134,000 | $ 63,000 |
| Delaware County Pennsylvania | 1 | $ 184,000 | $ 184,000 | $ 170,000 |
| Lancaster County Pennsylvania | 1 | $ 30,000 | $ 30,000 | $ 104,000 |
| Lycoming County Pennsylvania | 1 | $ 209,000 | $ 209,000 | $ 136,000 |
| Montour County Pennsylvania | 1 | $ 243,000 | $ 243,000 | $ 115,000 |
| Wayne County Pennsylvania | 1 | $ 306,000 | $ 306,000 | $ 223,000 |
| Beaufort County South Carolina | 1 | $ 180,000 | $ 180,000 | $ 226,000 |
| Georgetown County South Carolina | 1 | $ 212,000 | $ 212,000 | $ 241,000 |
| Newberry County South Carolina | 1 | $ 293,000 | $ 293,000 | $ 98,000 |
| Cumberland County Tennessee | 1 | $ 90,000 | $ 90,000 | $ 74,000 |
| Davidson County Tennessee | 1 | $ 286,000 | $ 286,000 | $ 104,000 |
| Montgomery County Tennessee | 1 | $ 35,000 | $ 35,000 | $ 114,000 |
| Bandera County Texas | 1 | $ 302,000 | $ 302,000 | $ 238,000 |
| Dallas County Texas | 1 | $ 292,000 | $ 292,000 | $ 202,000 |
| Fort Bend County Texas | 1 | $ 152,000 | $ 152,000 | $ 93,000 |
| Harris County Texas | 1 | $ 112,000 | $ 112,000 | $ 83,000 |
| Medina County Texas | 1 | $ 365,000 | $ 365,000 | $ 169,000 |
| Bedford County Virginia | 1 | $ 417,000 | $ 417,000 | $ 120,000 |
| Brunswick County Virginia | 1 | $ 295,000 | $ 295,000 | $ 302,000 |
| Essex County Virginia | 1 | $ 82,000 | $ 82,000 | $ 51,000 |
| Fairfax City County Virginia | 1 | $ 136,000 | $ 136,000 | $ 142,000 |
| Fauquier County Virginia | 1 | $ 13,000 | $ 13,000 | $ 159,000 |
| Hopewell County Virginia | 1 | $ 131,000 | $ 131,000 | $ 121,000 |
| James City County Virginia | 1 | $ 300,000 | $ 300,000 | $ 104,000 |
| Louisa County Virginia | 1 | $ 76,000 | $ 76,000 | $ 114,000 |
| Manassas County Virginia | 1 | $ 288,000 | $ 288,000 | $ 192,000 |
| Nelson County Virginia | 1 | $ 97,000 | $ 97,000 | $ 86,000 |
| Orange County Virginia | 1 | $ 270,000 | $ 270,000 | $ 116,000 |
| Shenandoah County Virginia | 1 | $ 166,000 | $ 166,000 | $ 108,000 |
| Stafford County Virginia | 1 | $ 180,000 | $ 180,000 | $ 145,000 |
| Suffolk County Virginia | 1 | $ 250,000 | $ 250,000 | $ 258,000 |
| Kitsap County Washington | 1 | $ 123,000 | $ 123,000 | $ 94,000 |
| Pierce County Washington | 1 | $ 398,000 | $ 398,000 | $ 123,000 |
| Yakima County Washington | 1 | $ 160,000 | $ 160,000 | $ 111,000 |
| Clay County West Virginia | 1 | $ 128,000 | $ 128,000 | $ 87,000 |
| Grant County West Virginia | 1 | $ 214,000 | $ 214,000 | $ 149,000 |
| Hardy County West Virginia | 1 | $ 70,000 | $ 70,000 | $ 127,000 |
| Jefferson County West Virginia | 1 | $ 40,000 | $ 40,000 | $ 85,000 |
| Randolph County West Virginia | 1 | $ 211,000 | $ 211,000 | $ 221,000 |
| Upshur County West Virginia | 1 | $ 340,000 | $ 340,000 | $ 124,000 |
| Bayfield County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 196,000 |
| Marquette County Wisconsin | 1 | $ 80,000 | $ 80,000 | $ 108,000 |
| Oneida County Wisconsin | 1 | $ 155,000 | $ 155,000 | $ 154,000 |
Mortgage Loan Application Detail Totals for Tower Federal Credit Union in 2012
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 | 1,955 | $459,664,000 | $235,000 | $813,000 | $130,000 | $1,259,000 |
| Home Purchase | 260 | $61,708,000 | $237,000 | $681,000 | $113,000 | $426,000 |
| Home Improvement | 131 | $14,061,000 | $107,000 | $376,000 | $127,000 | $334,000 |
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 | 1,105 | $251,627,000 | $227,000 | $813,000 | $132,000 | $485,000 |
| Not Provided | 1,058 | $239,130,000 | $226,000 | $783,000 | $126,000 | $1,259,000 |
| Black or African American | 121 | $27,657,000 | $228,000 | $679,000 | $112,000 | $272,000 |
| Asian | 29 | $9,540,000 | $328,000 | $788,000 | $143,000 | $304,000 |
| Hispanic | 26 | $6,115,000 | $235,000 | $417,000 | $130,000 | $339,000 |
| American Indian or Alaskan Native | 6 | $1,302,000 | $217,000 | $369,000 | $124,000 | $189,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $62,000 | $62,000 | $62,000 | $87,000 | $87,000 |
| 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) | 2,332 | $531,291,000 | $227,000 | $813,000 | $128,000 | $1,259,000 |
| VA-guaranteed (Veterans Administration) | 14 | $4,142,000 | $295,000 | $403,000 | $109,000 | $176,000 |
| 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 | 1,699 | $379,866,000 | $223,000 | $788,000 | $130,000 | $1,259,000 |
| Application Withdrawn By Applicant | 603 | $148,259,000 | $245,000 | $813,000 | $125,000 | $800,000 |
| Application Denied By Financial Institution | 40 | $6,094,000 | $152,000 | $679,000 | $90,000 | $269,000 |
| File Closed For Incompleteness | 4 | $1,214,000 | $303,000 | $388,000 | $161,000 | $230,000 |
| Application Approved But Not Accepted | 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 | 18 | $3,013,000 | $167,000 | $679,000 | $92,000 | $231,000 |
| Debt-To-Income Ratio | 18 | $2,349,000 | $130,000 | $656,000 | $69,000 | $142,000 |
| Other | 2 | $415,000 | $207,000 | $215,000 | $186,000 | $269,000 |
| Collateral | 1 | $267,000 | $267,000 | $267,000 | $100,000 | $100,000 |
| Mortgage Insurance Denied | 1 | $50,000 | $50,000 | $50,000 | $251,000 | $251,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 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 2012 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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with aggregated HMDA statistics today.