Tyndall Federal Credit Union Mortgage Lending & HMDA Data, 2020

In 2020, Tyndall Federal Credit Union of Panama City, FL reported 2,881 mortgage applications totaling $514.8 million, up 91% from 2019. The average application was for $178,689, and applicants reported an average income of $92,844. 65% of its applications resulted in an originated loan and 15% were denied. Its largest markets were Panama City, FL (1,306), Daphne-Fairhope-Foley, AL (276) and Dothan, AL (230) (applications in parentheses).

Mortgage Company & Address Tyndall Federal Credit Union
3109 Minnesota Ave
Panama City, FL 32405
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  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 2,881
Total Mortgage Loan Application Amount $514,805,000
Average Mortgage Loan Application Amount $178,689
Highest Mortgage Loan Application Amount $915,000
Average Applicant Income $92,844
Highest Applicant Income $865,000

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records Tyndall Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Tyndall Federal Credit Union by County in 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Bay, Florida 1,306 $ 239,850,000 $ 183,652 $ 92,000
Baldwin, Alabama 276 $ 52,760,000 $ 191,159 $ 104,000
Mobile, Alabama 200 $ 29,260,000 $ 146,300 $ 91,000
Houston, Alabama 189 $ 29,465,000 $ 155,899 $ 84,000
Jackson, Florida 131 $ 18,125,000 $ 138,358 $ 80,000
Gulf, Florida 87 $ 16,485,000 $ 189,482 $ 94,000
Washington, Florida 72 $ 10,900,000 $ 151,388 $ 72,000
Walton, Florida 64 $ 16,060,000 $ 250,937 $ 109,000
Franklin, Florida 37 $ 5,865,000 $ 158,513 $ 81,000
Okaloosa, Florida 30 $ 6,620,000 $ 220,666 $ 96,000
Geneva, Alabama 29 $ 4,495,000 $ 155,000 $ 79,000
Holmes, Florida 28 $ 2,800,000 $ 100,000 $ 67,000
Calhoun, Florida 26 $ 2,620,000 $ 100,769 $ 69,000
Leon, Florida 24 $ 5,610,000 $ 233,750 $ 117,000
Coffee, Alabama 22 $ 3,820,000 $ 173,636 $ 99,000
Dale, Alabama 20 $ 3,560,000 $ 178,000 $ 106,000
Escambia, Florida 16 $ 3,420,000 $ 213,750 $ 94,000
Santa Rosa, Florida 16 $ 3,170,000 $ 198,125 $ 100,000
Henry, Alabama 12 $ 2,420,000 $ 201,666 $ 107,000
Orange, Florida 11 $ 2,345,000 $ 213,181 $ 98,000
Hillsborough, Florida 10 $ 1,980,000 $ 198,000 $ 98,000
Wakulla, Florida 9 $ 2,065,000 $ 229,444 $ 83,000
Escambia, Alabama 7 $ 1,335,000 $ 190,714 $ 77,000
Jefferson, Alabama 5 $ 865,000 $ 173,000 $ 44,000
Lee, Alabama 5 $ 885,000 $ 177,000 $ 87,000
Pike, Alabama 5 $ 1,125,000 $ 225,000 $ 136,000
Marion, Florida 5 $ 1,255,000 $ 251,000 $ 135,000
Miami-Dade, Florida 5 $ 1,605,000 $ 321,000 $ 136,000
Pasco, Florida 5 $ 885,000 $ 177,000 $ 93,000
Covington, Alabama 4 $ 580,000 $ 145,000 $ 72,000
Shelby, Alabama 4 $ 1,140,000 $ 285,000 $ 96,000
Brevard, Florida 4 $ 940,000 $ 235,000 $ 127,000
Gwinnett, Georgia 4 $ 690,000 $ 172,500 $ 39,000
Crenshaw, Alabama 3 $ 255,000 $ 85,000 $ 62,000
Elmore, Alabama 3 $ 705,000 $ 235,000 $ 171,000
Limestone, Alabama 3 $ 565,000 $ 188,333 $ 78,000
Montgomery, Alabama 3 $ 505,000 $ 168,333 $ 175,000
St. Clair, Alabama 3 $ 495,000 $ 165,000 $ 107,000
Maricopa, Arizona 3 $ 705,000 $ 235,000 $ 88,000
Broward, Florida 3 $ 815,000 $ 271,666 $ 147,000
Duval, Florida 3 $ 495,000 $ 165,000 $ 101,000
Lake, Florida 3 $ 795,000 $ 265,000 $ 127,000
Osceola, Florida 3 $ 525,000 $ 175,000 $ 65,000
Palm Beach, Florida 3 $ 525,000 $ 175,000 $ 189,000
Cobb, Georgia 3 $ 615,000 $ 205,000 $ 171,000
DeKalb, Georgia 3 $ 845,000 $ 281,666 $ 160,000
Cecil, Maryland 3 $ 395,000 $ 131,666 $ 38,000
Jackson, Mississippi 3 $ 415,000 $ 138,333 $ 87,000
Gloucester, Virginia 3 $ 445,000 $ 148,333 $ 69,000
Cullman, Alabama 2 $ 180,000 $ 90,000 $ 268,000
Custer, Colorado 2 $ 800,000 $ 400,000 $ 93,000
Litchfield, Connecticut 2 $ 90,000 $ 45,000 $ 42,000
Alachua, Florida 2 $ 440,000 $ 220,000 $ 75,000
Gadsden, Florida 2 $ 370,000 $ 185,000 $ 76,000
Hernando, Florida 2 $ 170,000 $ 85,000 $ 51,000
Indian River, Florida 2 $ 310,000 $ 155,000 $ 63,000
Jefferson, Florida 2 $ 250,000 $ 125,000 $ 41,000
Liberty, Florida 2 $ 150,000 $ 75,000 $ 46,000
Pinellas, Florida 2 $ 400,000 $ 200,000 $ 82,000
Seminole, Florida 2 $ 440,000 $ 220,000 $ 100,000
St. Johns, Florida 2 $ 610,000 $ 305,000 $ 183,000
St. Lucie, Florida 2 $ 400,000 $ 200,000 $ 42,000
Sumter, Florida 2 $ 290,000 $ 145,000 $ 66,000
Volusia, Florida 2 $ 490,000 $ 245,000 $ 100,000
Bartow, Georgia 2 $ 400,000 $ 200,000 $ 91,000
Carroll, Georgia 2 $ 310,000 $ 155,000 $ 52,000
Cherokee, Georgia 2 $ 430,000 $ 215,000 $ 115,000
Columbia, Georgia 2 $ 200,000 $ 100,000 $ 117,000
Fayette, Georgia 2 $ 450,000 $ 225,000 $ 109,000
Hamilton, Indiana 2 $ 110,000 $ 55,000 $ 84,000
Madison, Indiana 2 $ 160,000 $ 80,000 $ 101,000
Forrest, Mississippi 2 $ 210,000 $ 105,000 $ 54,000
Platte, Missouri 2 $ 230,000 $ 115,000 $ 55,000
St. Louis, Missouri 2 $ 280,000 $ 140,000 $ 0
Taney, Missouri 2 $ 380,000 $ 190,000 $ 0
Franklin, Ohio 2 $ 340,000 $ 170,000 $ 287,000
Greenville, South Carolina 2 $ 470,000 $ 235,000 $ 0
Greene, Tennessee 2 $ 280,000 $ 140,000 $ 57,000
Polk, Tennessee 2 $ 90,000 $ 45,000 $ 36,000
Rutherford, Tennessee 2 $ 410,000 $ 205,000 $ 92,000
Wasatch, Utah 2 $ 760,000 $ 380,000 $ 80,000
James City, Virginia 2 $ 600,000 $ 300,000 $ 99,000
Loudoun, Virginia 2 $ 940,000 $ 470,000 $ 171,000
Barbour, Alabama 1 $ 35,000 $ 35,000 $ 44,000
Butler, Alabama 1 $ 225,000 $ 225,000 $ 115,000
Dallas, Alabama 1 $ 35,000 $ 35,000 $ 69,000
Madison, Alabama 1 $ 235,000 $ 235,000 $ 0
Monroe, Alabama 1 $ 145,000 $ 145,000 $ 0
Tallapoosa, Alabama 1 $ 25,000 $ 25,000 $ 0
Tuscaloosa, Alabama 1 $ 85,000 $ 85,000 $ 137,000
Washington, Alabama 1 $ 45,000 $ 45,000 $ 0
Navajo, Arizona 1 $ 235,000 $ 235,000 $ 0
Lonoke, Arkansas 1 $ 185,000 $ 185,000 $ 0
El Paso, Colorado 1 $ 45,000 $ 45,000 $ 0
District of Columbia, District Of Columbia 1 $ 275,000 $ 275,000 $ 250,000
Charlotte, Florida 1 $ 305,000 $ 305,000 $ 89,000
Citrus, Florida 1 $ 255,000 $ 255,000 $ 44,000
Columbia, Florida 1 $ 335,000 $ 335,000 $ 0
Dixie, Florida 1 $ 75,000 $ 75,000 $ 38,000
Flagler, Florida 1 $ 185,000 $ 185,000 $ 69,000
Lafayette, Florida 1 $ 115,000 $ 115,000 $ 0
Lee, Florida 1 $ 375,000 $ 375,000 $ 358,000
Manatee, Florida 1 $ 365,000 $ 365,000 $ 154,000
Martin, Florida 1 $ 215,000 $ 215,000 $ 96,000
Monroe, Florida 1 $ 915,000 $ 915,000 $ 0
Nassau, Florida 1 $ 245,000 $ 245,000 $ 101,000
Taylor, Florida 1 $ 135,000 $ 135,000 $ 50,000
Appling, Georgia 1 $ 345,000 $ 345,000 $ 472,000
Bleckley, Georgia 1 $ 65,000 $ 65,000 $ 0
Camden, Georgia 1 $ 145,000 $ 145,000 $ 62,000
Early, Georgia 1 $ 65,000 $ 65,000 $ 0
Fannin, Georgia 1 $ 225,000 $ 225,000 $ 227,000
Henry, Georgia 1 $ 45,000 $ 45,000 $ 130,000
Houston, Georgia 1 $ 85,000 $ 85,000 $ 21,000
Jackson, Georgia 1 $ 335,000 $ 335,000 $ 0
Liberty, Georgia 1 $ 245,000 $ 245,000 $ 0
Lowndes, Georgia 1 $ 125,000 $ 125,000 $ 71,000
Meriwether, Georgia 1 $ 35,000 $ 35,000 $ 88,000
Muscogee, Georgia 1 $ 85,000 $ 85,000 $ 30,000
Spalding, Georgia 1 $ 195,000 $ 195,000 $ 96,000
Stewart, Georgia 1 $ 105,000 $ 105,000 $ 37,000
Tift, Georgia 1 $ 105,000 $ 105,000 $ 31,000
Madison, Illinois 1 $ 85,000 $ 85,000 $ 0
Monroe, Illinois 1 $ 165,000 $ 165,000 $ 165,000
Marion, Indiana 1 $ 25,000 $ 25,000 $ 25,000
Scott, Iowa 1 $ 335,000 $ 335,000 $ 181,000
Johnson, Kansas 1 $ 105,000 $ 105,000 $ 140,000
Hardin, Kentucky 1 $ 225,000 $ 225,000 $ 0
Jefferson, Kentucky 1 $ 155,000 $ 155,000 $ 0
Jackson, Louisiana 1 $ 35,000 $ 35,000 $ 31,000
Orleans, Louisiana 1 $ 125,000 $ 125,000 $ 30,000
St. Tammany, Louisiana 1 $ 35,000 $ 35,000 $ 0
Charles, Maryland 1 $ 315,000 $ 315,000 $ 0
Essex, Massachusetts 1 $ 495,000 $ 495,000 $ 700,000
Lapeer, Michigan 1 $ 335,000 $ 335,000 $ 78,000
Dakota, Minnesota 1 $ 245,000 $ 245,000 $ 55,000
Hennepin, Minnesota 1 $ 105,000 $ 105,000 $ 0
St. Louis, Minnesota 1 $ 135,000 $ 135,000 $ 36,000
George, Mississippi 1 $ 165,000 $ 165,000 $ 165,000
Harrison, Mississippi 1 $ 365,000 $ 365,000 $ 300,000
Perry, Mississippi 1 $ 25,000 $ 25,000 $ 0
Rankin, Mississippi 1 $ 185,000 $ 185,000 $ 0
Stone, Mississippi 1 $ 115,000 $ 115,000 $ 79,000
Polk, Missouri 1 $ 165,000 $ 165,000 $ 77,000
Clark, Nevada 1 $ 325,000 $ 325,000 $ 226,000
Burlington, New Jersey 1 $ 155,000 $ 155,000 $ 232,000
Bernalillo, New Mexico 1 $ 245,000 $ 245,000 $ 198,000
Otero, New Mexico 1 $ 25,000 $ 25,000 $ 0
Dutchess, New York 1 $ 115,000 $ 115,000 $ 48,000
Oswego, New York 1 $ 145,000 $ 145,000 $ 49,000
Avery, North Carolina 1 $ 155,000 $ 155,000 $ 85,000
Beaufort, North Carolina 1 $ 95,000 $ 95,000 $ 0
Cherokee, North Carolina 1 $ 115,000 $ 115,000 $ 109,000
Macon, North Carolina 1 $ 215,000 $ 215,000 $ 48,000
Mecklenburg, North Carolina 1 $ 235,000 $ 235,000 $ 0
Wake, North Carolina 1 $ 295,000 $ 295,000 $ 0
Fairfield, Ohio 1 $ 155,000 $ 155,000 $ 0
Hamilton, Ohio 1 $ 215,000 $ 215,000 $ 113,000
Trumbull, Ohio 1 $ 85,000 $ 85,000 $ 79,000
Garfield, Oklahoma 1 $ 55,000 $ 55,000 $ 0
Oklahoma, Oklahoma 1 $ 215,000 $ 215,000 $ 0
Bucks, Pennsylvania 1 $ 225,000 $ 225,000 $ 0
Wayne, Pennsylvania 1 $ 285,000 $ 285,000 $ 0
Beaufort, South Carolina 1 $ 145,000 $ 145,000 $ 0
Dorchester, South Carolina 1 $ 265,000 $ 265,000 $ 190,000
Horry, South Carolina 1 $ 225,000 $ 225,000 $ 121,000
Lexington, South Carolina 1 $ 195,000 $ 195,000 $ 0
Richland, South Carolina 1 $ 465,000 $ 465,000 $ 195,000
Saluda, South Carolina 1 $ 125,000 $ 125,000 $ 163,000
Coffee, Tennessee 1 $ 255,000 $ 255,000 $ 231,000
Hamilton, Tennessee 1 $ 215,000 $ 215,000 $ 0
Knox, Tennessee 1 $ 245,000 $ 245,000 $ 0
Montgomery, Tennessee 1 $ 215,000 $ 215,000 $ 0
Sullivan, Tennessee 1 $ 125,000 $ 125,000 $ 0
Williamson, Tennessee 1 $ 475,000 $ 475,000 $ 268,000
Halifax, Virginia 1 $ 45,000 $ 45,000 $ 89,000
Mecklenburg, Virginia 1 $ 105,000 $ 105,000 $ 42,000
Newport News, Virginia 1 $ 75,000 $ 75,000 $ 57,000
Rockbridge, Virginia 1 $ 265,000 $ 265,000 $ 85,000
York, Virginia 1 $ 235,000 $ 235,000 $ 0

Mortgage Loan Application Detail Totals for Tyndall Federal Credit Union in 2020

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 1,021 $192,185,000 $188,000 $595,000 $102,000 $700,000
Home Purchase 955 $198,875,000 $208,000 $915,000 $85,000 $865,000
Cash-out Refinancing 558 $100,380,000 $179,000 $655,000 $95,000 $865,000
Other Purpose 178 $13,580,000 $76,000 $505,000 $85,000 $306,000
Home Improvement 169 $9,785,000 $57,000 $515,000 $83,000 $334,000
Not Applicable 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 2,150 $387,590,000 $180,000 $655,000 $94,000 $865,000
Not Provided 427 $76,635,000 $179,000 $915,000 $98,000 $452,000
Black or African American 138 $22,010,000 $159,000 $515,000 $74,000 $321,000
Hispanic 70 $12,030,000 $171,000 $515,000 $103,000 $300,000
Asian 65 $11,375,000 $175,000 $485,000 $72,000 $197,000
American Indian or Alaskan Native 18 $3,080,000 $171,000 $515,000 $108,000 $279,000
Native Hawaiian or Other Pacific Islander 1 $295,000 $295,000 $295,000 $126,000 $126,000
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) 2,629 $459,965,000 $174,000 $915,000 $95,000 $865,000
VA-guaranteed (Veterans Administration) 170 $40,980,000 $241,000 $625,000 $85,000 $320,000
FHA-insured (Federal Housing Administration) 46 $8,640,000 $187,000 $355,000 $69,000 $114,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 36 $5,220,000 $145,000 $395,000 $46,000 $80,000

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 1,876 $340,140,000 $181,000 $625,000 $100,000 $865,000
Application Withdrawn By Applicant 488 $91,880,000 $188,000 $915,000 $92,000 $220,000
Application Denied By Financial Institution 429 $66,335,000 $154,000 $655,000 $45,000 $207,000
File Closed For Incompleteness 84 $15,870,000 $188,000 $625,000 $61,000 $74,000
Application Approved But Not Accepted 4 $580,000 $145,000 $165,000 $60,000 $96,000
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
Not applicable 2,452 $448,470,000 $182,000 $915,000 $100,000 $865,000
Debt-To-Income Ratio 230 $36,390,000 $158,000 $655,000 $44,000 $207,000
Credit History 90 $14,140,000 $157,000 $415,000 $62,000 $62,000
Other 53 $7,775,000 $146,000 $375,000 $80,000 $80,000
Collateral 43 $6,075,000 $141,000 $365,000 $90,000 $90,000
Insufficient Cash (Downpayment, Closing Cost) 5 $885,000 $177,000 $275,000 $49,000 $67,000
Unverifiable Information 4 $520,000 $130,000 $235,000 $49,000 $64,000
Employment History 3 $485,000 $161,000 $315,000 $45,000 $60,000
Credit Application Incomplete 1 $65,000 $65,000 $65,000 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Tyndall Federal Credit Union's 2020 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 Tyndall 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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