University Credit Union Mortgage Lending & HMDA Data, 2023

In 2023, University Credit Union of Los Angeles, CA reported 844 mortgage applications totaling $141.0 million, down 68% from 2022. The average application was for $167,073, and applicants reported an average income of $198,758. 52% of its applications resulted in an originated loan and 21% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (415), Riverside-San Bernardino-Ontario, CA (40) and Oakland-Hayward-Berkeley, CA (36) (applications in parentheses).

Mortgage Company & Address University Credit Union
1500 S. Sepulveda Blvd.
Los Angeles, CA 90025
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 844
Total Mortgage Loan Application Amount $141,010,000
Average Mortgage Loan Application Amount $167,073
Highest Mortgage Loan Application Amount $2,705,000
Average Applicant Income $198,758
Highest Applicant Income $5,221,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records University Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 University Credit Union by County in 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles, California 415 $ 69,445,000 $ 167,337 $ 221,000
Orange, California 29 $ 4,915,000 $ 169,482 $ 256,000
Riverside, California 21 $ 1,835,000 $ 87,380 $ 132,000
Alameda, California 20 $ 2,990,000 $ 149,500 $ 191,000
San Bernardino, California 19 $ 2,345,000 $ 123,421 $ 178,000
Ventura, California 18 $ 5,590,000 $ 310,555 $ 202,000
San Diego, California 17 $ 4,515,000 $ 265,588 $ 235,000
Contra Costa, California 16 $ 3,130,000 $ 195,625 $ 242,000
Sacramento, California 15 $ 2,965,000 $ 197,666 $ 188,000
Maricopa, Arizona 11 $ 1,425,000 $ 129,545 $ 123,000
Prince George's, Maryland 7 $ 645,000 $ 92,142 $ 178,000
Fresno, California 6 $ 1,010,000 $ 168,333 $ 158,000
San Francisco, California 6 $ 1,230,000 $ 205,000 $ 494,000
San Joaquin, California 6 $ 620,000 $ 103,333 $ 157,000
Honolulu, Hawaii 6 $ 1,230,000 $ 205,000 $ 239,000
Yolo, California 5 $ 1,365,000 $ 273,000 $ 144,000
Placer, California 4 $ 700,000 $ 175,000 $ 182,000
Santa Clara, California 4 $ 570,000 $ 142,500 $ 409,000
Sonoma, California 4 $ 780,000 $ 195,000 $ 157,000
Miami-Dade, Florida 4 $ 430,000 $ 107,500 $ 92,000
Palm Beach, Florida 4 $ 310,000 $ 77,500 $ 124,000
Fulton, Georgia 4 $ 490,000 $ 122,500 $ 135,000
Cook, Illinois 4 $ 700,000 $ 175,000 $ 183,000
Stanislaus, California 3 $ 215,000 $ 71,666 $ 65,000
Montgomery, Maryland 3 $ 315,000 $ 105,000 $ 149,000
Bergen, New Jersey 3 $ 325,000 $ 108,333 $ 173,000
Tuscaloosa, Alabama 2 $ 170,000 $ 85,000 $ 110,000
Pinal, Arizona 2 $ 150,000 $ 75,000 $ 121,000
Kern, California 2 $ 560,000 $ 280,000 $ 111,000
San Benito, California 2 $ 160,000 $ 80,000 $ 127,000
Boulder, Colorado 2 $ 490,000 $ 245,000 $ 634,000
Larimer, Colorado 2 $ 180,000 $ 90,000 $ 165,000
Duval, Florida 2 $ 260,000 $ 130,000 $ 159,000
Hillsborough, Florida 2 $ 300,000 $ 150,000 $ 259,000
Lake, Florida 2 $ 230,000 $ 115,000 $ 129,000
Pasco, Florida 2 $ 210,000 $ 105,000 $ 185,000
Cobb, Georgia 2 $ 310,000 $ 155,000 $ 164,000
Gwinnett, Georgia 2 $ 290,000 $ 145,000 $ 191,000
Maui, Hawaii 2 $ 740,000 $ 370,000 $ 312,000
Ada, Idaho 2 $ 510,000 $ 255,000 $ 191,000
Johnson, Kansas 2 $ 480,000 $ 240,000 $ 154,000
St. Mary's, Maryland 2 $ 260,000 $ 130,000 $ 134,000
Passaic, New Jersey 2 $ 230,000 $ 115,000 $ 142,000
Union, New Jersey 2 $ 360,000 $ 180,000 $ 210,000
Franklin, North Carolina 2 $ 220,000 $ 110,000 $ 107,000
Mecklenburg, North Carolina 2 $ 230,000 $ 115,000 $ 197,000
Wake, North Carolina 2 $ 220,000 $ 110,000 $ 168,000
Washington, Oregon 2 $ 140,000 $ 70,000 $ 313,000
Dorchester, South Carolina 2 $ 150,000 $ 75,000 $ 76,000
Horry, South Carolina 2 $ 150,000 $ 75,000 $ 73,000
Collin, Texas 2 $ 520,000 $ 260,000 $ 659,000
King George, Virginia 2 $ 210,000 $ 105,000 $ 105,000
King, Washington 2 $ 230,000 $ 115,000 $ 190,000
Milwaukee, Wisconsin 2 $ 150,000 $ 75,000 $ 75,000
Jackson, Alabama 1 $ 75,000 $ 75,000 $ 97,000
Madison, Alabama 1 $ 75,000 $ 75,000 $ 60,000
Shelby, Alabama 1 $ 65,000 $ 65,000 $ 74,000
Cochise, Arizona 1 $ 45,000 $ 45,000 $ 125,000
Pima, Arizona 1 $ 115,000 $ 115,000 $ 156,000
Yavapai, Arizona 1 $ 75,000 $ 75,000 $ 52,000
Benton, Arkansas 1 $ 235,000 $ 235,000 $ 103,000
Washington, Arkansas 1 $ 1,135,000 $ 1,135,000 $ 0
Amador, California 1 $ 75,000 $ 75,000 $ 88,000
Madera, California 1 $ 75,000 $ 75,000 $ 70,000
Marin, California 1 $ 155,000 $ 155,000 $ 149,000
Merced, California 1 $ 25,000 $ 25,000 $ 68,000
San Luis Obispo, California 1 $ 155,000 $ 155,000 $ 71,000
San Mateo, California 1 $ 255,000 $ 255,000 $ 152,000
Santa Cruz, California 1 $ 205,000 $ 205,000 $ 112,000
Shasta, California 1 $ 65,000 $ 65,000 $ 268,000
Sutter, California 1 $ 75,000 $ 75,000 $ 73,000
Broward, Florida 1 $ 205,000 $ 205,000 $ 260,000
Charlotte, Florida 1 $ 125,000 $ 125,000 $ 181,000
Citrus, Florida 1 $ 85,000 $ 85,000 $ 61,000
Lee, Florida 1 $ 165,000 $ 165,000 $ 233,000
Manatee, Florida 1 $ 305,000 $ 305,000 $ 185,000
Martin, Florida 1 $ 85,000 $ 85,000 $ 179,000
Nassau, Florida 1 $ 155,000 $ 155,000 $ 126,000
Orange, Florida 1 $ 235,000 $ 235,000 $ 167,000
Osceola, Florida 1 $ 255,000 $ 255,000 $ 75,000
Sarasota, Florida 1 $ 65,000 $ 65,000 $ 119,000
Seminole, Florida 1 $ 75,000 $ 75,000 $ 228,000
St. Lucie, Florida 1 $ 75,000 $ 75,000 $ 79,000
Volusia, Florida 1 $ 25,000 $ 25,000 $ 26,000
Wakulla, Florida 1 $ 115,000 $ 115,000 $ 81,000
Barrow, Georgia 1 $ 75,000 $ 75,000 $ 58,000
Catoosa, Georgia 1 $ 95,000 $ 95,000 $ 83,000
Chatham, Georgia 1 $ 145,000 $ 145,000 $ 141,000
DeKalb, Georgia 1 $ 215,000 $ 215,000 $ 224,000
Forsyth, Georgia 1 $ 75,000 $ 75,000 $ 107,000
Newton, Georgia 1 $ 75,000 $ 75,000 $ 79,000
Rabun, Georgia 1 $ 85,000 $ 85,000 $ 92,000
Rockdale, Georgia 1 $ 115,000 $ 115,000 $ 106,000
Hawaii, Hawaii 1 $ 105,000 $ 105,000 $ 192,000
Kauai, Hawaii 1 $ 145,000 $ 145,000 $ 288,000
DuPage, Illinois 1 $ 65,000 $ 65,000 $ 51,000
Lake, Illinois 1 $ 75,000 $ 75,000 $ 240,000
Will, Illinois 1 $ 215,000 $ 215,000 $ 103,000
Bullitt, Kentucky 1 $ 75,000 $ 75,000 $ 275,000
Hardin, Kentucky 1 $ 75,000 $ 75,000 $ 150,000
Hopkins, Kentucky 1 $ 65,000 $ 65,000 $ 112,000
Logan, Kentucky 1 $ 65,000 $ 65,000 $ 77,000
Mercer, Kentucky 1 $ 95,000 $ 95,000 $ 59,000
Oldham, Kentucky 1 $ 65,000 $ 65,000 $ 64,000
Ascension, Louisiana 1 $ 65,000 $ 65,000 $ 129,000
Orleans, Louisiana 1 $ 155,000 $ 155,000 $ 120,000
Waldo, Maine 1 $ 25,000 $ 25,000 $ 50,000
Anne Arundel, Maryland 1 $ 75,000 $ 75,000 $ 164,000
Baltimore, Maryland 1 $ 255,000 $ 255,000 $ 250,000
Charles, Maryland 1 $ 75,000 $ 75,000 $ 193,000
Frederick, Maryland 1 $ 205,000 $ 205,000 $ 135,000
Harford, Maryland 1 $ 245,000 $ 245,000 $ 264,000
Queen Anne's, Maryland 1 $ 85,000 $ 85,000 $ 131,000
Somerset, Maryland 1 $ 75,000 $ 75,000 $ 95,000
Talbot, Maryland 1 $ 205,000 $ 205,000 $ 289,000
Calhoun, Michigan 1 $ 2,645,000 $ 2,645,000 $ 0
St. Clair, Michigan 1 $ 55,000 $ 55,000 $ 115,000
Dakota, Minnesota 1 $ 125,000 $ 125,000 $ 120,000
Meeker, Minnesota 1 $ 105,000 $ 105,000 $ 84,000
Washington, Minnesota 1 $ 105,000 $ 105,000 $ 128,000
Wright, Minnesota 1 $ 105,000 $ 105,000 $ 62,000
Greene, Missouri 1 $ 25,000 $ 25,000 $ 37,000
Jackson, Missouri 1 $ 55,000 $ 55,000 $ 210,000
Lewis and Clark, Montana 1 $ 135,000 $ 135,000 $ 264,000
Clark, Nevada 1 $ 35,000 $ 35,000 $ 60,000
Hillsborough, New Hampshire 1 $ 95,000 $ 95,000 $ 168,000
Burlington, New Jersey 1 $ 85,000 $ 85,000 $ 94,000
Middlesex, New Jersey 1 $ 115,000 $ 115,000 $ 178,000
Morris, New Jersey 1 $ 255,000 $ 255,000 $ 213,000
Somerset, New Jersey 1 $ 85,000 $ 85,000 $ 200,000
Dona Ana, New Mexico 1 $ 75,000 $ 75,000 $ 143,000
Sandoval, New Mexico 1 $ 75,000 $ 75,000 $ 130,000
Valencia, New Mexico 1 $ 105,000 $ 105,000 $ 77,000
Onslow, North Carolina 1 $ 125,000 $ 125,000 $ 140,000
Rowan, North Carolina 1 $ 255,000 $ 255,000 $ 143,000
Union, North Carolina 1 $ 155,000 $ 155,000 $ 150,000
Erie, Ohio 1 $ 115,000 $ 115,000 $ 105,000
Miami, Ohio 1 $ 75,000 $ 75,000 $ 96,000
Stark, Ohio 1 $ 75,000 $ 75,000 $ 69,000
Wood, Ohio 1 $ 65,000 $ 65,000 $ 69,000
Oklahoma, Oklahoma 1 $ 55,000 $ 55,000 $ 65,000
Douglas, Oregon 1 $ 85,000 $ 85,000 $ 119,000
Linn, Oregon 1 $ 75,000 $ 75,000 $ 84,000
Luzerne, Pennsylvania 1 $ 55,000 $ 55,000 $ 132,000
Montgomery, Pennsylvania 1 $ 25,000 $ 25,000 $ 100,000
Anderson, South Carolina 1 $ 75,000 $ 75,000 $ 133,000
Beaufort, South Carolina 1 $ 75,000 $ 75,000 $ 151,000
Charleston, South Carolina 1 $ 95,000 $ 95,000 $ 182,000
Lancaster, South Carolina 1 $ 75,000 $ 75,000 $ 117,000
Oconee, South Carolina 1 $ 105,000 $ 105,000 $ 155,000
York, South Carolina 1 $ 75,000 $ 75,000 $ 72,000
Bell, Texas 1 $ 105,000 $ 105,000 $ 57,000
El Paso, Texas 1 $ 145,000 $ 145,000 $ 130,000
Fort Bend, Texas 1 $ 105,000 $ 105,000 $ 191,000
Travis, Texas 1 $ 245,000 $ 245,000 $ 100,000
Alexandria, Virginia 1 $ 85,000 $ 85,000 $ 123,000
Chesapeake, Virginia 1 $ 75,000 $ 75,000 $ 57,000
Henrico, Virginia 1 $ 95,000 $ 95,000 $ 200,000
Loudoun, Virginia 1 $ 95,000 $ 95,000 $ 225,000
Orange, Virginia 1 $ 125,000 $ 125,000 $ 225,000
Powhatan, Virginia 1 $ 135,000 $ 135,000 $ 119,000
Prince William, Virginia 1 $ 165,000 $ 165,000 $ 190,000
Roanoke, Virginia 1 $ 75,000 $ 75,000 $ 69,000
Roanoke City, Virginia 1 $ 75,000 $ 75,000 $ 65,000
Spotsylvania, Virginia 1 $ 135,000 $ 135,000 $ 115,000
Staunton, Virginia 1 $ 75,000 $ 75,000 $ 96,000
Kitsap, Washington 1 $ 95,000 $ 95,000 $ 180,000
Klickitat, Washington 1 $ 105,000 $ 105,000 $ 92,000
Lewis, Washington 1 $ 135,000 $ 135,000 $ 72,000
Pierce, Washington 1 $ 35,000 $ 35,000 $ 146,000
Snohomish, Washington 1 $ 155,000 $ 155,000 $ 140,000
Stevens, Washington 1 $ 155,000 $ 155,000 $ 57,000
Thurston, Washington 1 $ 135,000 $ 135,000 $ 130,000
Whatcom, Washington 1 $ 135,000 $ 135,000 $ 120,000
Berkeley, West Virginia 1 $ 95,000 $ 95,000 $ 98,000
Pepin, Wisconsin 1 $ 105,000 $ 105,000 $ 122,000
Racine, Wisconsin 1 $ 125,000 $ 125,000 $ 157,000
Rock, Wisconsin 1 $ 75,000 $ 75,000 $ 81,000
Waukesha, Wisconsin 1 $ 155,000 $ 155,000 $ 368,000

Mortgage Loan Application Detail Totals for University Credit Union in 2023

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
Home Improvement 511 $72,655,000 $142,000 $2,705,000 $222,000 $5,221,000
Other Purpose 221 $24,795,000 $112,000 $505,000 $154,000 $925,000
Home Purchase 53 $27,875,000 $525,000 $2,645,000 $198,000 $600,000
Cash-out Refinancing 50 $13,570,000 $271,000 $905,000 $169,000 $594,000
Refinancing 9 $2,115,000 $235,000 $405,000 $148,000 $301,000
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 311 $53,305,000 $171,000 $1,645,000 $203,000 $1,208,000
Not Provided 262 $48,390,000 $184,000 $2,705,000 $224,000 $5,221,000
Hispanic 99 $14,615,000 $147,000 $1,505,000 $141,000 $951,000
Black or African American 79 $10,175,000 $128,000 $455,000 $162,000 $718,000
Asian 63 $10,135,000 $160,000 $555,000 $219,000 $609,000
American Indian or Alaskan Native 3 $655,000 $218,000 $395,000 $89,000 $114,000
Native Hawaiian or Other Pacific Islander 2 $180,000 $90,000 $145,000 $180,000 $288,000
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) 844 $141,010,000 $167,000 $2,705,000 $199,000 $5,221,000
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 436 $71,210,000 $163,000 $2,645,000 $190,000 $1,208,000
Application Denied By Financial Institution 178 $26,060,000 $146,000 $1,645,000 $220,000 $5,221,000
Application Withdrawn By Applicant 168 $28,690,000 $170,000 $2,705,000 $203,000 $1,260,000
File Closed For Incompleteness 38 $6,730,000 $177,000 $905,000 $210,000 $700,000
Application Approved But Not Accepted 15 $2,955,000 $197,000 $705,000 $180,000 $365,000
Preapproval Approved but not Accepted 9 $5,365,000 $596,000 $1,505,000 $169,000 $322,000
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
Loan Purchased By The 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 666 $114,950,000 $172,000 $2,705,000 $194,000 $1,260,000
Debt-To-Income Ratio 73 $11,125,000 $152,000 $965,000 $211,000 $5,221,000
Other 63 $7,575,000 $120,000 $355,000 $229,000 $1,716,000
Collateral 31 $3,965,000 $127,000 $495,000 $210,000 $951,000
Credit History 10 $1,750,000 $175,000 $415,000 $258,000 $1,015,000
Unverifiable Information 1 $1,645,000 $1,645,000 $1,645,000 $217,000 $217,000
Credit Application Incomplete 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 University Credit Union's 2023 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 University 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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