Universal City Studios Credit Union Mortgage Lending & HMDA Data, 2018

In 2018, Universal City Studios Credit Union of Burbank, CA reported 30 mortgage applications totaling $7.7 million, down 12% from 2017. The average application was for $256,000, and applicants reported an average income of $26,266. 83% of its applications resulted in an originated loan and 0% were denied.

Mortgage Company & Address Universal City Studios Credit Union
175 East Olive Ave Suite 100
Burbank, CA 91502
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 30
Total Mortgage Loan Application Amount $7,680,000
Average Mortgage Loan Application Amount $256,000
Highest Mortgage Loan Application Amount $925,000
Average Applicant Income $26,266
Highest Applicant Income $193,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Universal City Studios Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Universal City Studios Credit Union by County in 2018

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income

Mortgage Loan Application Detail Totals for Universal City Studios Credit Union in 2018

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
Other Purpose 16 $3,020,000 $188,000 $495,000 $27,000 $193,000
Cash-out Refinancing 6 $2,080,000 $346,000 $725,000 $26,000 $53,000
Home Purchase 4 $1,180,000 $295,000 $405,000 $22,000 $26,000
Home Improvement 2 $320,000 $160,000 $255,000 $27,000 $42,000
Refinancing 2 $1,080,000 $540,000 $925,000 $29,000 $30,000
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 20 $5,410,000 $270,000 $725,000 $30,000 $193,000
Hispanic 7 $2,075,000 $296,000 $925,000 $24,000 $42,000
Not Provided 3 $195,000 $65,000 $105,000 $5,000 $8,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 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) 30 $7,680,000 $256,000 $925,000 $26,000 $193,000
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
VA-guaranteed (Veterans 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 25 $5,855,000 $234,000 $925,000 $19,000 $53,000
Application Approved But Not Accepted 2 $730,000 $365,000 $495,000 $123,000 $193,000
Application Withdrawn By Applicant 2 $600,000 $300,000 $495,000 $13,000 $19,000
File Closed For Incompleteness 1 $495,000 $495,000 $495,000 $45,000 $45,000
Application Denied By Financial Institution 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
Not applicable 30 $7,680,000 $256,000 $925,000 $26,000 $193,000
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 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
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Universal City Studios Credit Union's 2018 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 Universal City Studios 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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