United Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2016
United Federal Credit Union 2016 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 | United Federal Credit Union 2807 South State St Saint Joseph, MI 49085 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 | 2,748 |
| Total Mortgage Loan Application Amount | $414,578,000 |
| Average Mortgage Loan Application Amount | $129,000 |
| Highest Mortgage Loan Application Amount | $2,280,000 |
| Average Applicant Income | $83,000 |
| Highest Applicant Income | $1,935,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2016 with United 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 United Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2016 breaks down United 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 United Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by United 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 United Federal Credit Union's mortgage activity for 2016.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Berrien County Michigan | 833 | $ 116,527,000 | $ 139,000 | $ 83,000 |
| Washoe County Nevada | 432 | $ 97,311,000 | $ 225,000 | $ 100,000 |
| Ottawa County Michigan | 193 | $ 24,070,000 | $ 124,000 | $ 59,000 |
| Sebastian County Arkansas | 111 | $ 8,714,000 | $ 78,000 | $ 63,000 |
| Marion County Ohio | 90 | $ 6,753,000 | $ 75,000 | $ 61,000 |
| Iredell County North Carolina | 80 | $ 8,544,000 | $ 106,000 | $ 64,000 |
| Crawford County Arkansas | 71 | $ 7,180,000 | $ 101,000 | $ 58,000 |
| Cass County Michigan | 68 | $ 7,303,000 | $ 107,000 | $ 65,000 |
| Henderson County North Carolina | 67 | $ 11,251,000 | $ 167,000 | $ 76,000 |
| Allegan County Michigan | 62 | $ 7,433,000 | $ 119,000 | $ 66,000 |
| Buncombe County North Carolina | 55 | $ 18,288,000 | $ 332,000 | $ 155,000 |
| Lake County Indiana | 47 | $ 5,967,000 | $ 126,000 | $ 74,000 |
| Kent County Michigan | 40 | $ 5,662,000 | $ 141,000 | $ 81,000 |
| Lyon County Nevada | 38 | $ 5,734,000 | $ 150,000 | $ 65,000 |
| Le Flore County Oklahoma | 36 | $ 3,121,000 | $ 86,000 | $ 67,000 |
| Van Buren County Michigan | 35 | $ 3,389,000 | $ 96,000 | $ 65,000 |
| St. Joseph County Indiana | 34 | $ 3,628,000 | $ 106,000 | $ 57,000 |
| Carson City County Nevada | 25 | $ 5,376,000 | $ 215,000 | $ 72,000 |
| Washington County Arkansas | 11 | $ 1,168,000 | $ 106,000 | $ 70,000 |
| Sequoyah County Oklahoma | 11 | $ 790,000 | $ 71,000 | $ 73,000 |
| Porter County Indiana | 10 | $ 2,005,000 | $ 200,000 | $ 114,000 |
| Douglas County Nevada | 10 | $ 2,495,000 | $ 249,000 | $ 94,000 |
| Franklin County Arkansas | 9 | $ 629,000 | $ 69,000 | $ 50,000 |
| Kalamazoo County Michigan | 8 | $ 1,137,000 | $ 142,000 | $ 100,000 |
| Alexander County North Carolina | 7 | $ 621,000 | $ 88,000 | $ 54,000 |
| Catawba County North Carolina | 7 | $ 1,186,000 | $ 169,000 | $ 68,000 |
| Mecklenburg County North Carolina | 7 | $ 2,248,000 | $ 321,000 | $ 177,000 |
| Union County Ohio | 7 | $ 572,000 | $ 81,000 | $ 66,000 |
| Elkhart County Indiana | 6 | $ 762,000 | $ 127,000 | $ 57,000 |
| Benton County Arkansas | 5 | $ 543,000 | $ 108,000 | $ 60,000 |
| Muskegon County Michigan | 5 | $ 362,000 | $ 72,000 | $ 41,000 |
| Wyandot County Ohio | 5 | $ 334,000 | $ 66,000 | $ 60,000 |
| Cook County Illinois | 4 | $ 1,004,000 | $ 251,000 | $ 118,000 |
| Washtenaw County Michigan | 4 | $ 1,007,000 | $ 251,000 | $ 82,000 |
| Clark County Nevada | 4 | $ 1,289,000 | $ 322,000 | $ 244,000 |
| Rowan County North Carolina | 4 | $ 301,000 | $ 75,000 | $ 54,000 |
| Sargent County North Dakota | 4 | $ 241,000 | $ 60,000 | $ 54,000 |
| Morrow County Ohio | 4 | $ 427,000 | $ 106,000 | $ 65,000 |
| Scott County Arkansas | 3 | $ 121,000 | $ 40,000 | $ 42,000 |
| Nevada County California | 3 | $ 1,953,000 | $ 651,000 | $ 352,000 |
| Riverside County California | 3 | $ 666,000 | $ 222,000 | $ 94,000 |
| Palm Beach County Florida | 3 | $ 390,000 | $ 130,000 | $ 129,000 |
| Oakland County Michigan | 3 | $ 588,000 | $ 196,000 | $ 87,000 |
| Churchill County Nevada | 3 | $ 614,000 | $ 204,000 | $ 60,000 |
| Elko County Nevada | 3 | $ 1,042,000 | $ 347,000 | $ 117,000 |
| Brunswick County North Carolina | 3 | $ 531,000 | $ 177,000 | $ 113,000 |
| Haywood County North Carolina | 3 | $ 280,000 | $ 93,000 | $ 40,000 |
| Madison County North Carolina | 3 | $ 667,000 | $ 222,000 | $ 113,000 |
| Crawford County Ohio | 3 | $ 215,000 | $ 71,000 | $ 25,000 |
| Horry County South Carolina | 3 | $ 461,000 | $ 153,000 | $ 228,000 |
| Pierce County Washington | 3 | $ 476,000 | $ 158,000 | $ 265,000 |
| Johnson County Arkansas | 2 | $ 258,000 | $ 129,000 | $ 56,000 |
| Logan County Arkansas | 2 | $ 156,000 | $ 78,000 | $ 39,000 |
| Polk County Arkansas | 2 | $ 165,000 | $ 82,000 | $ 67,000 |
| Saline County Arkansas | 2 | $ 100,000 | $ 50,000 | $ 73,000 |
| Placer County California | 2 | $ 478,000 | $ 239,000 | $ 666,000 |
| Plumas County California | 2 | $ 1,636,000 | $ 818,000 | $ 649,000 |
| Solano County California | 2 | $ 520,000 | $ 260,000 | $ 115,000 |
| Broward County Florida | 2 | $ 614,000 | $ 307,000 | $ 100,000 |
| Manatee County Florida | 2 | $ 541,000 | $ 270,000 | $ 90,000 |
| Pasco County Florida | 2 | $ 230,000 | $ 115,000 | $ 40,000 |
| Pinellas County Florida | 2 | $ 254,000 | $ 127,000 | $ 72,000 |
| Cobb County Georgia | 2 | $ 342,000 | $ 171,000 | $ 97,000 |
| Kankakee County Illinois | 2 | $ 186,000 | $ 93,000 | $ 76,000 |
| Marshall County Indiana | 2 | $ 429,000 | $ 214,000 | $ 199,000 |
| Johnson County Iowa | 2 | $ 246,000 | $ 123,000 | $ 134,000 |
| St. Joseph County Michigan | 2 | $ 197,000 | $ 98,000 | $ 86,000 |
| Humboldt County Nevada | 2 | $ 238,000 | $ 119,000 | $ 66,000 |
| Storey County Nevada | 2 | $ 335,000 | $ 167,000 | $ 84,000 |
| Davie County North Carolina | 2 | $ 203,000 | $ 101,000 | $ 79,000 |
| Forsyth County North Carolina | 2 | $ 186,000 | $ 93,000 | $ 71,000 |
| McDowell County North Carolina | 2 | $ 162,000 | $ 81,000 | $ 66,000 |
| Polk County North Carolina | 2 | $ 1,390,000 | $ 695,000 | $ 188,000 |
| Transylvania County North Carolina | 2 | $ 636,000 | $ 318,000 | $ 139,000 |
| Cuyahoga County Ohio | 2 | $ 289,000 | $ 144,000 | $ 219,000 |
| Hancock County Ohio | 2 | $ 533,000 | $ 266,000 | $ 95,000 |
| Seneca County Ohio | 2 | $ 54,000 | $ 27,000 | $ 34,000 |
| Haskell County Oklahoma | 2 | $ 250,000 | $ 125,000 | $ 52,000 |
| Hamilton County Tennessee | 2 | $ 223,000 | $ 111,000 | $ 96,000 |
| Lincoln County Tennessee | 2 | $ 233,000 | $ 116,000 | $ 90,000 |
| Hutchinson County Texas | 2 | $ 195,000 | $ 97,000 | $ 89,000 |
| Smith County Texas | 2 | $ 315,000 | $ 157,000 | $ 30,000 |
| Marathon County Wisconsin | 2 | $ 24,000 | $ 12,000 | $ 187,000 |
| Houston County Alabama | 1 | $ 128,000 | $ 128,000 | $ 44,000 |
| Maricopa County Arizona | 1 | $ 20,000 | $ 20,000 | $ 75,000 |
| Pima County Arizona | 1 | $ 153,000 | $ 153,000 | $ 96,000 |
| Pinal County Arizona | 1 | $ 68,000 | $ 68,000 | $ 272,000 |
| Boone County Arkansas | 1 | $ 10,000 | $ 10,000 | $ 62,000 |
| Carroll County Arkansas | 1 | $ 80,000 | $ 80,000 | $ 68,000 |
| Faulkner County Arkansas | 1 | $ 238,000 | $ 238,000 | $ 130,000 |
| Yell County Arkansas | 1 | $ 15,000 | $ 15,000 | $ 45,000 |
| Lassen County California | 1 | $ 92,000 | $ 92,000 | $ 24,000 |
| Los Angeles County California | 1 | $ 600,000 | $ 600,000 | $ 195,000 |
| Sacramento County California | 1 | $ 228,000 | $ 228,000 | $ 102,000 |
| San Diego County California | 1 | $ 479,000 | $ 479,000 | $ 130,000 |
| San Luis Obispo County California | 1 | $ 520,000 | $ 520,000 | $ 189,000 |
| Adams County Colorado | 1 | $ 253,000 | $ 253,000 | $ 51,000 |
| Douglas County Colorado | 1 | $ 235,000 | $ 235,000 | $ 132,000 |
| Charlotte County Florida | 1 | $ 108,000 | $ 108,000 | $ 30,000 |
| Hernando County Florida | 1 | $ 292,000 | $ 292,000 | $ 163,000 |
| Highlands County Florida | 1 | $ 99,000 | $ 99,000 | $ 55,000 |
| Hillsborough County Florida | 1 | $ 111,000 | $ 111,000 | $ 26,000 |
| Lee County Florida | 1 | $ 199,000 | $ 199,000 | $ 56,000 |
| Miami-Dade County Florida | 1 | $ 613,000 | $ 613,000 | $ 137,000 |
| Orange County Florida | 1 | $ 108,000 | $ 108,000 | $ 87,000 |
| Seminole County Florida | 1 | $ 174,000 | $ 174,000 | $ 54,000 |
| St. Lucie County Florida | 1 | $ 25,000 | $ 25,000 | $ 52,000 |
| Chatham County Georgia | 1 | $ 214,000 | $ 214,000 | $ 702,000 |
| Columbia County Georgia | 1 | $ 273,000 | $ 273,000 | $ 455,000 |
| Forsyth County Georgia | 1 | $ 533,000 | $ 533,000 | $ 195,000 |
| Fulton County Georgia | 1 | $ 40,000 | $ 40,000 | $ 301,000 |
| Jackson County Georgia | 1 | $ 40,000 | $ 40,000 | $ 21,000 |
| Paulding County Georgia | 1 | $ 57,000 | $ 57,000 | $ 43,000 |
| Pickens County Georgia | 1 | $ 358,000 | $ 358,000 | $ 156,000 |
| DuPage County Illinois | 1 | $ 378,000 | $ 378,000 | $ 362,000 |
| Sangamon County Illinois | 1 | $ 124,000 | $ 124,000 | $ 75,000 |
| Stephenson County Illinois | 1 | $ 87,000 | $ 87,000 | $ 67,000 |
| Fulton County Indiana | 1 | $ 39,000 | $ 39,000 | $ 32,000 |
| Hamilton County Indiana | 1 | $ 245,000 | $ 245,000 | $ 108,000 |
| Kosciusko County Indiana | 1 | $ 66,000 | $ 66,000 | $ 37,000 |
| LaPorte County Indiana | 1 | $ 211,000 | $ 211,000 | $ 60,000 |
| Randolph County Indiana | 1 | $ 103,000 | $ 103,000 | $ 79,000 |
| Whitley County Indiana | 1 | $ 176,000 | $ 176,000 | $ 88,000 |
| Dallas County Iowa | 1 | $ 85,000 | $ 85,000 | $ 184,000 |
| Linn County Iowa | 1 | $ 114,000 | $ 114,000 | $ 76,000 |
| Johnson County Kansas | 1 | $ 189,000 | $ 189,000 | $ 81,000 |
| Boyd County Kentucky | 1 | $ 42,000 | $ 42,000 | $ 20,000 |
| Christian County Kentucky | 1 | $ 114,000 | $ 114,000 | $ 45,000 |
| Garrard County Kentucky | 1 | $ 88,000 | $ 88,000 | $ 32,000 |
| Jessamine County Kentucky | 1 | $ 417,000 | $ 417,000 | $ 250,000 |
| Kenton County Kentucky | 1 | $ 106,000 | $ 106,000 | $ 64,000 |
| Barnstable County Massachusetts | 1 | $ 396,000 | $ 396,000 | $ 215,000 |
| Barry County Michigan | 1 | $ 20,000 | $ 20,000 | $ 28,000 |
| Calhoun County Michigan | 1 | $ 39,000 | $ 39,000 | $ 51,000 |
| Clinton County Michigan | 1 | $ 190,000 | $ 190,000 | $ 77,000 |
| Eaton County Michigan | 1 | $ 146,000 | $ 146,000 | $ 63,000 |
| Hillsdale County Michigan | 1 | $ 182,000 | $ 182,000 | $ 168,000 |
| Kalkaska County Michigan | 1 | $ 93,000 | $ 93,000 | $ 213,000 |
| Lake County Michigan | 1 | $ 105,000 | $ 105,000 | $ 34,000 |
| Lenawee County Michigan | 1 | $ 145,000 | $ 145,000 | $ 39,000 |
| Livingston County Michigan | 1 | $ 184,000 | $ 184,000 | $ 97,000 |
| Macomb County Michigan | 1 | $ 100,000 | $ 100,000 | $ 94,000 |
| Montcalm County Michigan | 1 | $ 40,000 | $ 40,000 | $ 34,000 |
| Montmorency County Michigan | 1 | $ 192,000 | $ 192,000 | $ 226,000 |
| Oceana County Michigan | 1 | $ 110,000 | $ 110,000 | $ 52,000 |
| Ogemaw County Michigan | 1 | $ 60,000 | $ 60,000 | $ 95,000 |
| Presque Isle County Michigan | 1 | $ 221,000 | $ 221,000 | $ 184,000 |
| Wayne County Michigan | 1 | $ 88,000 | $ 88,000 | $ 40,000 |
| Dakota County Minnesota | 1 | $ 808,000 | $ 808,000 | $ 214,000 |
| DeSoto County Mississippi | 1 | $ 68,000 | $ 68,000 | $ 63,000 |
| Jackson County Missouri | 1 | $ 20,000 | $ 20,000 | $ 42,000 |
| Erie County New York | 1 | $ 70,000 | $ 70,000 | $ 96,000 |
| Suffolk County New York | 1 | $ 169,000 | $ 169,000 | $ 199,000 |
| Burke County North Carolina | 1 | $ 143,000 | $ 143,000 | $ 45,000 |
| Caldwell County North Carolina | 1 | $ 66,000 | $ 66,000 | $ 32,000 |
| Davidson County North Carolina | 1 | $ 92,000 | $ 92,000 | $ 88,000 |
| Durham County North Carolina | 1 | $ 101,000 | $ 101,000 | $ 59,000 |
| Gaston County North Carolina | 1 | $ 130,000 | $ 130,000 | $ 61,000 |
| Guilford County North Carolina | 1 | $ 45,000 | $ 45,000 | $ 24,000 |
| Macon County North Carolina | 1 | $ 20,000 | $ 20,000 | $ 116,000 |
| Randolph County North Carolina | 1 | $ 83,000 | $ 83,000 | $ 31,000 |
| Richmond County North Carolina | 1 | $ 82,000 | $ 82,000 | $ 26,000 |
| Rutherford County North Carolina | 1 | $ 60,000 | $ 60,000 | $ 36,000 |
| Surry County North Carolina | 1 | $ 14,000 | $ 14,000 | $ 34,000 |
| Union County North Carolina | 1 | $ 176,000 | $ 176,000 | $ 115,000 |
| Watauga County North Carolina | 1 | $ 15,000 | $ 15,000 | $ 74,000 |
| Wayne County North Carolina | 1 | $ 215,000 | $ 215,000 | $ 185,000 |
| Wilkes County North Carolina | 1 | $ 40,000 | $ 40,000 | $ 47,000 |
| Yadkin County North Carolina | 1 | $ 252,000 | $ 252,000 | $ 92,000 |
| Yancey County North Carolina | 1 | $ 160,000 | $ 160,000 | $ 71,000 |
| Burleigh County North Dakota | 1 | $ 180,000 | $ 180,000 | $ 48,000 |
| Lucas County Ohio | 1 | $ 260,000 | $ 260,000 | $ 200,000 |
| Ottawa County Ohio | 1 | $ 113,000 | $ 113,000 | $ 90,000 |
| Delaware County Oklahoma | 1 | $ 27,000 | $ 27,000 | $ 102,000 |
| Kay County Oklahoma | 1 | $ 36,000 | $ 36,000 | $ 76,000 |
| Klamath County Oregon | 1 | $ 113,000 | $ 113,000 | $ 21,000 |
| Blair County Pennsylvania | 1 | $ 33,000 | $ 33,000 | $ 49,000 |
| Monroe County Pennsylvania | 1 | $ 520,000 | $ 520,000 | $ 120,000 |
| Dorchester County South Carolina | 1 | $ 251,000 | $ 251,000 | $ 115,000 |
| Oconee County South Carolina | 1 | $ 390,000 | $ 390,000 | $ 257,000 |
| Spartanburg County South Carolina | 1 | $ 44,000 | $ 44,000 | $ 65,000 |
| Hamblen County Tennessee | 1 | $ 101,000 | $ 101,000 | $ 101,000 |
| Maury County Tennessee | 1 | $ 333,000 | $ 333,000 | $ 130,000 |
| Roane County Tennessee | 1 | $ 179,000 | $ 179,000 | $ 65,000 |
| Rutherford County Tennessee | 1 | $ 48,000 | $ 48,000 | $ 31,000 |
| Wilson County Tennessee | 1 | $ 156,000 | $ 156,000 | $ 93,000 |
| Fannin County Texas | 1 | $ 128,000 | $ 128,000 | $ 100,000 |
| Hunt County Texas | 1 | $ 145,000 | $ 145,000 | $ 100,000 |
| Webb County Texas | 1 | $ 244,000 | $ 244,000 | $ 131,000 |
| King County Washington | 1 | $ 70,000 | $ 70,000 | $ 132,000 |
| Thurston County Washington | 1 | $ 294,000 | $ 294,000 | $ 84,000 |
| Milwaukee County Wisconsin | 1 | $ 175,000 | $ 175,000 | $ 95,000 |
Mortgage Loan Application Detail Totals for United Federal Credit Union in 2016
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 | 1,352 | $214,519,000 | $158,000 | $1,900,000 | $84,000 | $1,935,000 |
| Home Purchase | 1,124 | $181,434,000 | $161,000 | $2,259,000 | $81,000 | $1,177,000 |
| Home Improvement | 272 | $18,625,000 | $68,000 | $2,280,000 | $84,000 | $1,440,000 |
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 | 2,189 | $348,716,000 | $159,000 | $2,280,000 | $85,000 | $1,935,000 |
| Not Provided | 216 | $14,283,000 | $66,000 | $533,000 | $77,000 | $1,440,000 |
| Hispanic | 198 | $29,597,000 | $149,000 | $850,000 | $64,000 | $315,000 |
| Black or African American | 70 | $9,350,000 | $133,000 | $1,380,000 | $75,000 | $886,000 |
| Asian | 51 | $8,806,000 | $172,000 | $518,000 | $79,000 | $294,000 |
| American Indian or Alaskan Native | 11 | $1,666,000 | $151,000 | $475,000 | $86,000 | $134,000 |
| Not applicable | 7 | $312,000 | $44,000 | $76,000 | $50,000 | $78,000 |
| Native Hawaiin or Other Pacific Islander | 6 | $1,848,000 | $308,000 | $720,000 | $121,000 | $195,000 |
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) | 2,601 | $394,172,000 | $151,000 | $2,280,000 | $84,000 | $1,935,000 |
| FHA-insured (Federal Housing Administration) | 98 | $14,030,000 | $143,000 | $297,000 | $53,000 | $245,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 39 | $4,033,000 | $103,000 | $204,000 | $43,000 | $71,000 |
| VA-guaranteed (Veterans Administration) | 10 | $2,343,000 | $234,000 | $398,000 | $68,000 | $129,000 |
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 | 1,867 | $301,907,000 | $161,000 | $2,280,000 | $88,000 | $1,935,000 |
| Application Withdrawn By Applicant | 503 | $73,445,000 | $146,000 | $775,000 | $76,000 | $345,000 |
| Application Denied By Financial Institution | 316 | $30,059,000 | $95,000 | $900,000 | $62,000 | $1,440,000 |
| File Closed For Incompleteness | 61 | $9,054,000 | $148,000 | $519,000 | $73,000 | $186,000 |
| Application Approved But Not Accepted | 1 | $113,000 | $113,000 | $113,000 | $52,000 | $52,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 156 | $11,670,000 | $74,000 | $375,000 | $59,000 | $318,000 |
| Debt-To-Income Ratio | 45 | $8,684,000 | $192,000 | $476,000 | $57,000 | $175,000 |
| Collateral | 43 | $5,717,000 | $132,000 | $900,000 | $69,000 | $344,000 |
| Employment History | 6 | $843,000 | $140,000 | $207,000 | $54,000 | $124,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $375,000 | $75,000 | $147,000 | $43,000 | $92,000 |
| Unverifiable Information | 2 | $65,000 | $32,000 | $35,000 | $74,000 | $77,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into United Federal Credit Union's 2016 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 United 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.