Tower Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2015
Tower Federal Credit Union 2015 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 | 1,367 |
| Total Mortgage Loan Application Amount | $325,120,000 |
| Average Mortgage Loan Application Amount | $181,333 |
| Highest Mortgage Loan Application Amount | $785,000 |
| Average Applicant Income | $125,333 |
| Highest Applicant Income | $1,125,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2015 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 2015 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 2015.
| 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 | 468 | $ 111,527,000 | $ 238,000 | $ 129,000 |
| Howard County Maryland | 210 | $ 58,956,000 | $ 280,000 | $ 156,000 |
| Baltimore County Maryland | 130 | $ 28,600,000 | $ 220,000 | $ 112,000 |
| Carroll County Maryland | 72 | $ 18,238,000 | $ 253,000 | $ 142,000 |
| Prince George's County Maryland | 60 | $ 12,866,000 | $ 214,000 | $ 119,000 |
| Baltimore City County Maryland | 51 | $ 7,829,000 | $ 153,000 | $ 105,000 |
| Montgomery County Maryland | 43 | $ 11,590,000 | $ 269,000 | $ 123,000 |
| Frederick County Maryland | 18 | $ 5,106,000 | $ 283,000 | $ 134,000 |
| Harford County Maryland | 17 | $ 3,862,000 | $ 227,000 | $ 123,000 |
| Queen Anne's County Maryland | 13 | $ 3,589,000 | $ 276,000 | $ 136,000 |
| York County Pennsylvania | 13 | $ 2,613,000 | $ 201,000 | $ 118,000 |
| Worcester County Maryland | 12 | $ 1,870,000 | $ 155,000 | $ 176,000 |
| Sussex County Delaware | 10 | $ 1,505,000 | $ 150,000 | $ 127,000 |
| Charles County Maryland | 8 | $ 2,424,000 | $ 303,000 | $ 137,000 |
| Fairfax County Virginia | 8 | $ 2,387,000 | $ 298,000 | $ 185,000 |
| Loudoun County Virginia | 7 | $ 2,010,000 | $ 287,000 | $ 151,000 |
| District of Columbia County District Of Columbia | 6 | $ 2,514,000 | $ 419,000 | $ 140,000 |
| Hillsborough County Florida | 5 | $ 1,176,000 | $ 235,000 | $ 171,000 |
| Lee County Florida | 5 | $ 1,022,000 | $ 204,000 | $ 114,000 |
| Calvert County Maryland | 5 | $ 1,746,000 | $ 349,000 | $ 135,000 |
| Washington County Maryland | 5 | $ 1,437,000 | $ 287,000 | $ 116,000 |
| Bexar County Texas | 5 | $ 1,187,000 | $ 237,000 | $ 147,000 |
| Arapahoe County Colorado | 4 | $ 1,002,000 | $ 250,000 | $ 95,000 |
| Columbia County Georgia | 4 | $ 895,000 | $ 223,000 | $ 139,000 |
| Arlington County Virginia | 4 | $ 1,560,000 | $ 390,000 | $ 203,000 |
| Berkeley County West Virginia | 4 | $ 599,000 | $ 149,000 | $ 157,000 |
| Broward County Florida | 3 | $ 473,000 | $ 157,000 | $ 122,000 |
| Polk County Florida | 3 | $ 486,000 | $ 162,000 | $ 101,000 |
| Fulton County Georgia | 3 | $ 538,000 | $ 179,000 | $ 86,000 |
| Dorchester County Maryland | 3 | $ 494,000 | $ 164,000 | $ 116,000 |
| St. Mary's County Maryland | 3 | $ 592,000 | $ 197,000 | $ 94,000 |
| Wake County North Carolina | 3 | $ 684,000 | $ 228,000 | $ 120,000 |
| Charleston County South Carolina | 3 | $ 528,000 | $ 176,000 | $ 211,000 |
| Horry County South Carolina | 3 | $ 376,000 | $ 125,000 | $ 86,000 |
| Harris County Texas | 3 | $ 562,000 | $ 187,000 | $ 170,000 |
| Houston County Alabama | 2 | $ 592,000 | $ 296,000 | $ 120,000 |
| Maricopa County Arizona | 2 | $ 428,000 | $ 214,000 | $ 133,000 |
| Los Angeles County California | 2 | $ 409,000 | $ 204,000 | $ 86,000 |
| Douglas County Colorado | 2 | $ 567,000 | $ 283,000 | $ 195,000 |
| El Paso County Colorado | 2 | $ 349,000 | $ 174,000 | $ 166,000 |
| New Castle County Delaware | 2 | $ 567,000 | $ 283,000 | $ 108,000 |
| Citrus County Florida | 2 | $ 152,000 | $ 76,000 | $ 60,000 |
| Indian River County Florida | 2 | $ 234,000 | $ 117,000 | $ 46,000 |
| Manatee County Florida | 2 | $ 633,000 | $ 316,000 | $ 170,000 |
| Sarasota County Florida | 2 | $ 400,000 | $ 200,000 | $ 258,000 |
| St. Lucie County Florida | 2 | $ 160,000 | $ 80,000 | $ 61,000 |
| Chatham County Georgia | 2 | $ 617,000 | $ 308,000 | $ 92,000 |
| Caroline County Maryland | 2 | $ 234,000 | $ 117,000 | $ 147,000 |
| Cecil County Maryland | 2 | $ 588,000 | $ 294,000 | $ 95,000 |
| Talbot County Maryland | 2 | $ 273,000 | $ 136,000 | $ 185,000 |
| Wicomico County Maryland | 2 | $ 317,000 | $ 158,000 | $ 105,000 |
| Middlesex County Massachusetts | 2 | $ 300,000 | $ 150,000 | $ 340,000 |
| Plymouth County Massachusetts | 2 | $ 300,000 | $ 150,000 | $ 68,000 |
| Ocean County New Jersey | 2 | $ 689,000 | $ 344,000 | $ 173,000 |
| Iredell County North Carolina | 2 | $ 247,000 | $ 123,000 | $ 155,000 |
| Adams County Pennsylvania | 2 | $ 288,000 | $ 144,000 | $ 83,000 |
| Cumberland County Pennsylvania | 2 | $ 175,000 | $ 87,000 | $ 125,000 |
| Monroe County Pennsylvania | 2 | $ 179,000 | $ 89,000 | $ 384,000 |
| Philadelphia County Pennsylvania | 2 | $ 489,000 | $ 244,000 | $ 98,000 |
| Dickson County Tennessee | 2 | $ 265,000 | $ 132,000 | $ 44,000 |
| Dallas County Texas | 2 | $ 415,000 | $ 207,000 | $ 97,000 |
| Culpeper County Virginia | 2 | $ 257,000 | $ 128,000 | $ 77,000 |
| Prince William County Virginia | 2 | $ 564,000 | $ 282,000 | $ 156,000 |
| Rockingham County Virginia | 2 | $ 336,000 | $ 168,000 | $ 72,000 |
| King County Washington | 2 | $ 559,000 | $ 279,000 | $ 109,000 |
| Baldwin County Alabama | 1 | $ 290,000 | $ 290,000 | $ 168,000 |
| Jefferson County Alabama | 1 | $ 75,000 | $ 75,000 | $ 135,000 |
| Limestone County Alabama | 1 | $ 246,000 | $ 246,000 | $ 123,000 |
| Cochise County Arizona | 1 | $ 140,000 | $ 140,000 | $ 63,000 |
| Yavapai County Arizona | 1 | $ 125,000 | $ 125,000 | $ 129,000 |
| Alameda County California | 1 | $ 445,000 | $ 445,000 | $ 346,000 |
| Riverside County California | 1 | $ 228,000 | $ 228,000 | $ 62,000 |
| Sacramento County California | 1 | $ 189,000 | $ 189,000 | $ 55,000 |
| San Bernardino County California | 1 | $ 192,000 | $ 192,000 | $ 38,000 |
| Santa Clara County California | 1 | $ 765,000 | $ 765,000 | $ 210,000 |
| Denver County Colorado | 1 | $ 415,000 | $ 415,000 | $ 184,000 |
| Moffat County Colorado | 1 | $ 180,000 | $ 180,000 | $ 127,000 |
| Brevard County Florida | 1 | $ 161,000 | $ 161,000 | $ 94,000 |
| Charlotte County Florida | 1 | $ 198,000 | $ 198,000 | $ 115,000 |
| Escambia County Florida | 1 | $ 158,000 | $ 158,000 | $ 115,000 |
| Lake County Florida | 1 | $ 283,000 | $ 283,000 | $ 197,000 |
| Marion County Florida | 1 | $ 92,000 | $ 92,000 | $ 52,000 |
| Martin County Florida | 1 | $ 217,000 | $ 217,000 | $ 123,000 |
| Monroe County Florida | 1 | $ 373,000 | $ 373,000 | $ 140,000 |
| Okaloosa County Florida | 1 | $ 298,000 | $ 298,000 | $ 144,000 |
| Orange County Florida | 1 | $ 272,000 | $ 272,000 | $ 95,000 |
| Osceola County Florida | 1 | $ 342,000 | $ 342,000 | $ 109,000 |
| Palm Beach County Florida | 1 | $ 125,000 | $ 125,000 | $ 147,000 |
| Pinellas County Florida | 1 | $ 411,000 | $ 411,000 | $ 139,000 |
| Seminole County Florida | 1 | $ 153,000 | $ 153,000 | $ 77,000 |
| St. Johns County Florida | 1 | $ 144,000 | $ 144,000 | $ 85,000 |
| Carroll County Georgia | 1 | $ 96,000 | $ 96,000 | $ 77,000 |
| Floyd County Georgia | 1 | $ 252,000 | $ 252,000 | $ 120,000 |
| Lowndes County Georgia | 1 | $ 324,000 | $ 324,000 | $ 203,000 |
| McDuffie County Georgia | 1 | $ 240,000 | $ 240,000 | $ 483,000 |
| Richmond County Georgia | 1 | $ 120,000 | $ 120,000 | $ 86,000 |
| Honolulu County Hawaii | 1 | $ 276,000 | $ 276,000 | $ 148,000 |
| Boone County Iowa | 1 | $ 138,000 | $ 138,000 | $ 78,000 |
| Boone County Kentucky | 1 | $ 240,000 | $ 240,000 | $ 120,000 |
| Garrett County Maryland | 1 | $ 185,000 | $ 185,000 | $ 134,000 |
| Kent County Maryland | 1 | $ 110,000 | $ 110,000 | $ 45,000 |
| Oscoda County Michigan | 1 | $ 162,000 | $ 162,000 | $ 132,000 |
| Hennepin County Minnesota | 1 | $ 172,000 | $ 172,000 | $ 79,000 |
| Essex County New Jersey | 1 | $ 305,000 | $ 305,000 | $ 178,000 |
| Middlesex County New Jersey | 1 | $ 214,000 | $ 214,000 | $ 52,000 |
| Monmouth County New Jersey | 1 | $ 475,000 | $ 475,000 | $ 137,000 |
| Bernalillo County New Mexico | 1 | $ 49,000 | $ 49,000 | $ 76,000 |
| Santa Fe County New Mexico | 1 | $ 379,000 | $ 379,000 | $ 69,000 |
| Taos County New Mexico | 1 | $ 270,000 | $ 270,000 | $ 100,000 |
| Madison County New York | 1 | $ 48,000 | $ 48,000 | $ 74,000 |
| Saratoga County New York | 1 | $ 197,000 | $ 197,000 | $ 79,000 |
| Alamance County North Carolina | 1 | $ 403,000 | $ 403,000 | $ 201,000 |
| Cherokee County North Carolina | 1 | $ 101,000 | $ 101,000 | $ 92,000 |
| Cumberland County North Carolina | 1 | $ 105,000 | $ 105,000 | $ 83,000 |
| Dare County North Carolina | 1 | $ 339,000 | $ 339,000 | $ 280,000 |
| Durham County North Carolina | 1 | $ 518,000 | $ 518,000 | $ 412,000 |
| Johnston County North Carolina | 1 | $ 201,000 | $ 201,000 | $ 116,000 |
| Mecklenburg County North Carolina | 1 | $ 165,000 | $ 165,000 | $ 144,000 |
| Pamlico County North Carolina | 1 | $ 395,000 | $ 395,000 | $ 99,000 |
| Union County North Carolina | 1 | $ 200,000 | $ 200,000 | $ 345,000 |
| Vance County North Carolina | 1 | $ 72,000 | $ 72,000 | $ 259,000 |
| Warren County North Carolina | 1 | $ 142,000 | $ 142,000 | $ 162,000 |
| Lawrence County Ohio | 1 | $ 78,000 | $ 78,000 | $ 87,000 |
| Wood County Ohio | 1 | $ 120,000 | $ 120,000 | $ 83,000 |
| Curry County Oregon | 1 | $ 146,000 | $ 146,000 | $ 118,000 |
| Deschutes County Oregon | 1 | $ 230,000 | $ 230,000 | $ 69,000 |
| Bedford County Pennsylvania | 1 | $ 119,000 | $ 119,000 | $ 81,000 |
| Bucks County Pennsylvania | 1 | $ 295,000 | $ 295,000 | $ 123,000 |
| Centre County Pennsylvania | 1 | $ 148,000 | $ 148,000 | $ 39,000 |
| Franklin County Pennsylvania | 1 | $ 95,000 | $ 95,000 | $ 113,000 |
| Huntingdon County Pennsylvania | 1 | $ 106,000 | $ 106,000 | $ 118,000 |
| Lawrence County Pennsylvania | 1 | $ 229,000 | $ 229,000 | $ 83,000 |
| Luzerne County Pennsylvania | 1 | $ 280,000 | $ 280,000 | $ 244,000 |
| Mifflin County Pennsylvania | 1 | $ 136,000 | $ 136,000 | $ 36,000 |
| Montgomery County Pennsylvania | 1 | $ 282,000 | $ 282,000 | $ 123,000 |
| Northumberland County Pennsylvania | 1 | $ 83,000 | $ 83,000 | $ 44,000 |
| Wayne County Pennsylvania | 1 | $ 296,000 | $ 296,000 | $ 331,000 |
| Westmoreland County Pennsylvania | 1 | $ 130,000 | $ 130,000 | $ 151,000 |
| Aiken County South Carolina | 1 | $ 30,000 | $ 30,000 | $ 131,000 |
| Florence County South Carolina | 1 | $ 47,000 | $ 47,000 | $ 51,000 |
| Blount County Tennessee | 1 | $ 640,000 | $ 640,000 | $ 0 |
| Knox County Tennessee | 1 | $ 34,000 | $ 34,000 | $ 184,000 |
| Rutherford County Tennessee | 1 | $ 310,000 | $ 310,000 | $ 110,000 |
| Washington County Tennessee | 1 | $ 239,000 | $ 239,000 | $ 129,000 |
| Denton County Texas | 1 | $ 170,000 | $ 170,000 | $ 136,000 |
| Harrison County Texas | 1 | $ 152,000 | $ 152,000 | $ 57,000 |
| Taylor County Texas | 1 | $ 189,000 | $ 189,000 | $ 47,000 |
| Utah County Utah | 1 | $ 317,000 | $ 317,000 | $ 160,000 |
| Accomack County Virginia | 1 | $ 543,000 | $ 543,000 | $ 132,000 |
| Essex County Virginia | 1 | $ 299,000 | $ 299,000 | $ 158,000 |
| Fauquier County Virginia | 1 | $ 202,000 | $ 202,000 | $ 69,000 |
| Fredericksburg County Virginia | 1 | $ 265,000 | $ 265,000 | $ 104,000 |
| Halifax County Virginia | 1 | $ 309,000 | $ 309,000 | $ 123,000 |
| Manassas County Virginia | 1 | $ 299,000 | $ 299,000 | $ 238,000 |
| Shenandoah County Virginia | 1 | $ 118,000 | $ 118,000 | $ 64,000 |
| Virginia Beach County Virginia | 1 | $ 200,000 | $ 200,000 | $ 210,000 |
| Mineral County West Virginia | 1 | $ 113,000 | $ 113,000 | $ 26,000 |
| Waukesha County Wisconsin | 1 | $ 35,000 | $ 35,000 | $ 85,000 |
Mortgage Loan Application Detail Totals for Tower Federal Credit Union in 2015
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 | 878 | $214,856,000 | $244,000 | $765,000 | $140,000 | $1,125,000 |
| Home Purchase | 426 | $107,121,000 | $251,000 | $785,000 | $117,000 | $587,000 |
| Home Improvement | 63 | $3,143,000 | $49,000 | $417,000 | $119,000 | $517,000 |
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 | 780 | $180,276,000 | $231,000 | $765,000 | $131,000 | $1,125,000 |
| Not Provided | 413 | $103,366,000 | $250,000 | $785,000 | $137,000 | $882,000 |
| Black or African American | 103 | $23,105,000 | $224,000 | $720,000 | $113,000 | $414,000 |
| Hispanic | 30 | $7,431,000 | $247,000 | $417,000 | $142,000 | $587,000 |
| Asian | 29 | $7,361,000 | $253,000 | $417,000 | $117,000 | $207,000 |
| American Indian or Alaskan Native | 10 | $2,989,000 | $298,000 | $522,000 | $174,000 | $265,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $592,000 | $296,000 | $387,000 | $144,000 | $177,000 |
| 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) | 1,355 | $321,616,000 | $237,000 | $785,000 | $132,000 | $1,125,000 |
| VA-guaranteed (Veterans Administration) | 12 | $3,504,000 | $292,000 | $400,000 | $142,000 | $227,000 |
| 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 | 882 | $212,691,000 | $241,000 | $785,000 | $136,000 | $572,000 |
| Application Withdrawn By Applicant | 355 | $86,089,000 | $242,000 | $656,000 | $130,000 | $882,000 |
| Application Denied By Financial Institution | 109 | $21,249,000 | $194,000 | $720,000 | $104,000 | $1,125,000 |
| File Closed For Incompleteness | 21 | $5,091,000 | $242,000 | $409,000 | $141,000 | $341,000 |
| 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 | 42 | $7,579,000 | $180,000 | $720,000 | $99,000 | $345,000 |
| Debt-To-Income Ratio | 32 | $7,960,000 | $248,000 | $640,000 | $68,000 | $201,000 |
| Collateral | 19 | $3,475,000 | $182,000 | $340,000 | $122,000 | $383,000 |
| Other | 6 | $675,000 | $112,000 | $228,000 | $289,000 | $1,125,000 |
| Unverifiable Information | 3 | $796,000 | $265,000 | $416,000 | $127,000 | $210,000 |
| Mortgage Insurance Denied | 3 | $120,000 | $40,000 | $50,000 | $98,000 | $108,000 |
| Employment History | 2 | $313,000 | $156,000 | $205,000 | $72,000 | $112,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $331,000 | $165,000 | $183,000 | $48,000 | $57,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Tower Federal Credit Union's 2015 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.