Usalliance Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Usalliance Federal Credit Union 2020 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 | Usalliance Federal Credit Union 411 Theodore Fremd Ave, Suite 350 Rye, NY 10580 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 | 1,964 |
| Total Mortgage Loan Application Amount | $777,940,000 |
| Average Mortgage Loan Application Amount | $324,200 |
| Highest Mortgage Loan Application Amount | $3,005,000 |
| Average Applicant Income | $257,400 |
| Highest Applicant Income | $5,100,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with Usalliance 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 Usalliance Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2020 breaks down Usalliance 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 Usalliance Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Usalliance 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 Usalliance Federal Credit Union's mortgage activity for 2020.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Fairfield County Connecticut | 195 | $ 112,015,000 | $ 574,000 | $ 357,000 |
| Westchester County New York | 166 | $ 65,010,000 | $ 391,000 | $ 351,000 |
| Middlesex County Massachusetts | 153 | $ 61,645,000 | $ 402,000 | $ 322,000 |
| Kings County New York | 112 | $ 65,970,000 | $ 589,000 | $ 273,000 |
| Bergen County New Jersey | 77 | $ 35,085,000 | $ 455,000 | $ 270,000 |
| Suffolk County Massachusetts | 75 | $ 26,515,000 | $ 353,000 | $ 244,000 |
| Essex County New Jersey | 73 | $ 40,895,000 | $ 560,000 | $ 367,000 |
| Norfolk County Massachusetts | 67 | $ 35,445,000 | $ 529,000 | $ 287,000 |
| Essex County Massachusetts | 58 | $ 12,430,000 | $ 214,000 | $ 202,000 |
| Nassau County New York | 58 | $ 25,700,000 | $ 443,000 | $ 291,000 |
| Hudson County New Jersey | 56 | $ 25,130,000 | $ 448,000 | $ 254,000 |
| Cook County Illinois | 45 | $ 23,325,000 | $ 518,000 | $ 338,000 |
| Morris County New Jersey | 43 | $ 21,135,000 | $ 491,000 | $ 302,000 |
| Maricopa County Arizona | 42 | $ 22,690,000 | $ 540,000 | $ 225,000 |
| Suffolk County New York | 38 | $ 16,960,000 | $ 446,000 | $ 309,000 |
| Rockland County New York | 36 | $ 8,250,000 | $ 229,000 | $ 255,000 |
| Sullivan County New York | 34 | $ 3,500,000 | $ 102,000 | $ 109,000 |
| Queens County New York | 28 | $ 13,350,000 | $ 476,000 | $ 182,000 |
| Monmouth County New Jersey | 27 | $ 10,465,000 | $ 387,000 | $ 342,000 |
| New Haven County Connecticut | 26 | $ 6,880,000 | $ 264,000 | $ 185,000 |
| Ocean County New Jersey | 25 | $ 8,635,000 | $ 345,000 | $ 324,000 |
| Plymouth County Massachusetts | 23 | $ 6,905,000 | $ 300,000 | $ 261,000 |
| Union County New Jersey | 23 | $ 12,115,000 | $ 526,000 | $ 307,000 |
| Broward County Florida | 20 | $ 3,830,000 | $ 191,000 | $ 219,000 |
| Bristol County Massachusetts | 20 | $ 1,350,000 | $ 67,000 | $ 151,000 |
| Miami-Dade County Florida | 18 | $ 3,940,000 | $ 218,000 | $ 278,000 |
| Putnam County New York | 15 | $ 3,085,000 | $ 205,000 | $ 157,000 |
| Palm Beach County Florida | 14 | $ 4,360,000 | $ 311,000 | $ 291,000 |
| Worcester County Massachusetts | 14 | $ 2,380,000 | $ 170,000 | $ 233,000 |
| Bronx County New York | 14 | $ 3,650,000 | $ 260,000 | $ 134,000 |
| Ulster County New York | 13 | $ 2,635,000 | $ 202,000 | $ 110,000 |
| Passaic County New Jersey | 12 | $ 1,480,000 | $ 123,000 | $ 107,000 |
| Somerset County New Jersey | 12 | $ 4,870,000 | $ 405,000 | $ 302,000 |
| New York County New York | 11 | $ 5,145,000 | $ 467,000 | $ 207,000 |
| Orange County New York | 11 | $ 1,635,000 | $ 148,000 | $ 119,000 |
| Dutchess County New York | 10 | $ 1,690,000 | $ 169,000 | $ 121,000 |
| Barnstable County Massachusetts | 9 | $ 3,335,000 | $ 370,000 | $ 222,000 |
| Hillsborough County New Hampshire | 9 | $ 835,000 | $ 92,000 | $ 227,000 |
| Rockingham County New Hampshire | 8 | $ 1,700,000 | $ 212,000 | $ 318,000 |
| Richmond County New York | 8 | $ 1,190,000 | $ 148,000 | $ 172,000 |
| Litchfield County Connecticut | 7 | $ 1,465,000 | $ 209,000 | $ 202,000 |
| Hillsborough County Florida | 7 | $ 1,825,000 | $ 260,000 | $ 180,000 |
| Lake County Illinois | 7 | $ 2,465,000 | $ 352,000 | $ 455,000 |
| Middlesex County New Jersey | 7 | $ 1,195,000 | $ 170,000 | $ 468,000 |
| Hartford County Connecticut | 6 | $ 720,000 | $ 120,000 | $ 228,000 |
| DuPage County Illinois | 6 | $ 2,710,000 | $ 451,000 | $ 281,000 |
| Montgomery County Maryland | 5 | $ 1,365,000 | $ 273,000 | $ 152,000 |
| DeKalb County Georgia | 4 | $ 480,000 | $ 120,000 | $ 85,000 |
| York County Maine | 4 | $ 700,000 | $ 175,000 | $ 145,000 |
| Burlington County New Jersey | 4 | $ 1,030,000 | $ 257,000 | $ 354,000 |
| Erie County New York | 4 | $ 140,000 | $ 35,000 | $ 98,000 |
| Monroe County Pennsylvania | 4 | $ 440,000 | $ 110,000 | $ 218,000 |
| Providence County Rhode Island | 4 | $ 400,000 | $ 100,000 | $ 185,000 |
| Collier County Florida | 3 | $ 965,000 | $ 321,000 | $ 303,000 |
| Lee County Florida | 3 | $ 545,000 | $ 181,000 | $ 150,000 |
| Sarasota County Florida | 3 | $ 1,765,000 | $ 588,000 | $ 739,000 |
| Chatham County Georgia | 3 | $ 1,525,000 | $ 508,000 | $ 389,000 |
| Gwinnett County Georgia | 3 | $ 365,000 | $ 121,000 | $ 110,000 |
| Carroll County New Hampshire | 3 | $ 1,365,000 | $ 455,000 | $ 320,000 |
| Mercer County New Jersey | 3 | $ 355,000 | $ 118,000 | $ 180,000 |
| Delaware County New York | 3 | $ 465,000 | $ 155,000 | $ 73,000 |
| Montgomery County Pennsylvania | 3 | $ 555,000 | $ 185,000 | $ 327,000 |
| Philadelphia County Pennsylvania | 3 | $ 2,075,000 | $ 691,000 | $ 437,000 |
| Beaufort County South Carolina | 3 | $ 1,115,000 | $ 371,000 | $ 265,000 |
| Horry County South Carolina | 3 | $ 305,000 | $ 101,000 | $ 75,000 |
| Davidson County Tennessee | 3 | $ 645,000 | $ 215,000 | $ 326,000 |
| Windsor County Vermont | 3 | $ 835,000 | $ 278,000 | $ 280,000 |
| Henrico County Virginia | 3 | $ 615,000 | $ 205,000 | $ 209,000 |
| Loudoun County Virginia | 3 | $ 1,215,000 | $ 405,000 | $ 236,000 |
| Coconino County Arizona | 2 | $ 500,000 | $ 250,000 | $ 160,000 |
| Pima County Arizona | 2 | $ 440,000 | $ 220,000 | $ 81,000 |
| Kern County California | 2 | $ 780,000 | $ 390,000 | $ 84,000 |
| Denver County Colorado | 2 | $ 2,100,000 | $ 1,050,000 | $ 580,000 |
| Manatee County Florida | 2 | $ 1,030,000 | $ 515,000 | $ 202,000 |
| Orange County Florida | 2 | $ 410,000 | $ 205,000 | $ 254,000 |
| St. Lucie County Florida | 2 | $ 60,000 | $ 30,000 | $ 47,000 |
| Cobb County Georgia | 2 | $ 390,000 | $ 195,000 | $ 123,000 |
| Fulton County Georgia | 2 | $ 1,040,000 | $ 520,000 | $ 181,000 |
| Will County Illinois | 2 | $ 1,530,000 | $ 765,000 | $ 292,000 |
| Allen County Indiana | 2 | $ 380,000 | $ 190,000 | $ 57,000 |
| Anne Arundel County Maryland | 2 | $ 580,000 | $ 290,000 | $ 179,000 |
| Baltimore County Maryland | 2 | $ 970,000 | $ 485,000 | $ 183,000 |
| Baltimore City County Maryland | 2 | $ 420,000 | $ 210,000 | $ 144,000 |
| Oakland County Michigan | 2 | $ 200,000 | $ 100,000 | $ 102,000 |
| Hunterdon County New Jersey | 2 | $ 100,000 | $ 50,000 | $ 180,000 |
| Otsego County New York | 2 | $ 660,000 | $ 330,000 | $ 103,000 |
| Mecklenburg County North Carolina | 2 | $ 90,000 | $ 45,000 | $ 141,000 |
| Wake County North Carolina | 2 | $ 90,000 | $ 45,000 | $ 134,000 |
| Allegheny County Pennsylvania | 2 | $ 320,000 | $ 160,000 | $ 88,000 |
| Chester County Pennsylvania | 2 | $ 610,000 | $ 305,000 | $ 121,000 |
| York County Pennsylvania | 2 | $ 150,000 | $ 75,000 | $ 274,000 |
| Richland County South Carolina | 2 | $ 330,000 | $ 165,000 | $ 156,000 |
| Fairfax County Virginia | 2 | $ 1,460,000 | $ 730,000 | $ 250,000 |
| Clark County Washington | 2 | $ 140,000 | $ 70,000 | $ 120,000 |
| King County Washington | 2 | $ 650,000 | $ 325,000 | $ 108,000 |
| Pierce County Washington | 2 | $ 860,000 | $ 430,000 | $ 124,000 |
| Baldwin County Alabama | 1 | $ 205,000 | $ 205,000 | $ 63,000 |
| Greene County Arkansas | 1 | $ 195,000 | $ 195,000 | $ 38,000 |
| Los Angeles County California | 1 | $ 205,000 | $ 205,000 | $ 149,000 |
| Marin County California | 1 | $ 255,000 | $ 255,000 | $ 264,000 |
| Monterey County California | 1 | $ 995,000 | $ 995,000 | $ 200,000 |
| Riverside County California | 1 | $ 345,000 | $ 345,000 | $ 154,000 |
| San Bernardino County California | 1 | $ 705,000 | $ 705,000 | $ 151,000 |
| Stanislaus County California | 1 | $ 25,000 | $ 25,000 | $ 103,000 |
| Ventura County California | 1 | $ 565,000 | $ 565,000 | $ 140,000 |
| El Paso County Colorado | 1 | $ 275,000 | $ 275,000 | $ 54,000 |
| Middlesex County Connecticut | 1 | $ 35,000 | $ 35,000 | $ 118,000 |
| New London County Connecticut | 1 | $ 165,000 | $ 165,000 | $ 286,000 |
| Tolland County Connecticut | 1 | $ 25,000 | $ 25,000 | $ 154,000 |
| New Castle County Delaware | 1 | $ 95,000 | $ 95,000 | $ 217,000 |
| District of Columbia County District Of Columbia | 1 | $ 335,000 | $ 335,000 | $ 471,000 |
| Osceola County Florida | 1 | $ 95,000 | $ 95,000 | $ 190,000 |
| Pasco County Florida | 1 | $ 265,000 | $ 265,000 | $ 876,000 |
| Pinellas County Florida | 1 | $ 65,000 | $ 65,000 | $ 260,000 |
| Seminole County Florida | 1 | $ 325,000 | $ 325,000 | $ 239,000 |
| St. Johns County Florida | 1 | $ 95,000 | $ 95,000 | $ 237,000 |
| Sumter County Florida | 1 | $ 1,205,000 | $ 1,205,000 | $ 220,000 |
| Volusia County Florida | 1 | $ 85,000 | $ 85,000 | $ 145,000 |
| Cherokee County Georgia | 1 | $ 245,000 | $ 245,000 | $ 125,000 |
| Clarke County Georgia | 1 | $ 35,000 | $ 35,000 | $ 57,000 |
| Greene County Georgia | 1 | $ 105,000 | $ 105,000 | $ 301,000 |
| Oconee County Georgia | 1 | $ 45,000 | $ 45,000 | $ 175,000 |
| Kane County Illinois | 1 | $ 165,000 | $ 165,000 | $ 424,000 |
| Marion County Indiana | 1 | $ 75,000 | $ 75,000 | $ 65,000 |
| Logan County Kentucky | 1 | $ 145,000 | $ 145,000 | $ 62,000 |
| Jefferson County Louisiana | 1 | $ 465,000 | $ 465,000 | $ 136,000 |
| Rapides County Louisiana | 1 | $ 495,000 | $ 495,000 | $ 98,000 |
| Tangipahoa County Louisiana | 1 | $ 245,000 | $ 245,000 | $ 233,000 |
| Androscoggin County Maine | 1 | $ 215,000 | $ 215,000 | $ 176,000 |
| Cumberland County Maine | 1 | $ 245,000 | $ 245,000 | $ 388,000 |
| Hancock County Maine | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Oxford County Maine | 1 | $ 145,000 | $ 145,000 | $ 55,000 |
| Piscataquis County Maine | 1 | $ 55,000 | $ 55,000 | $ 9,000 |
| Cecil County Maryland | 1 | $ 365,000 | $ 365,000 | $ 259,000 |
| Prince George's County Maryland | 1 | $ 35,000 | $ 35,000 | $ 100,000 |
| Worcester County Maryland | 1 | $ 155,000 | $ 155,000 | $ 1,680,000 |
| Berkshire County Massachusetts | 1 | $ 205,000 | $ 205,000 | $ 80,000 |
| Dukes County Massachusetts | 1 | $ 165,000 | $ 165,000 | $ 148,000 |
| Hampshire County Massachusetts | 1 | $ 975,000 | $ 975,000 | $ 250,000 |
| Nantucket County Massachusetts | 1 | $ 1,435,000 | $ 1,435,000 | $ 1,050,000 |
| Macomb County Michigan | 1 | $ 55,000 | $ 55,000 | $ 84,000 |
| Hennepin County Minnesota | 1 | $ 525,000 | $ 525,000 | $ 188,000 |
| Clay County Missouri | 1 | $ 105,000 | $ 105,000 | $ 12,000 |
| Jasper County Missouri | 1 | $ 95,000 | $ 95,000 | $ 71,000 |
| Stone County Missouri | 1 | $ 145,000 | $ 145,000 | $ 83,000 |
| Belknap County New Hampshire | 1 | $ 1,135,000 | $ 1,135,000 | $ 462,000 |
| Sullivan County New Hampshire | 1 | $ 35,000 | $ 35,000 | $ 144,000 |
| Atlantic County New Jersey | 1 | $ 1,235,000 | $ 1,235,000 | $ 332,000 |
| Cape May County New Jersey | 1 | $ 825,000 | $ 825,000 | $ 448,000 |
| Gloucester County New Jersey | 1 | $ 105,000 | $ 105,000 | $ 335,000 |
| Sussex County New Jersey | 1 | $ 155,000 | $ 155,000 | $ 1,542,000 |
| Warren County New Jersey | 1 | $ 165,000 | $ 165,000 | $ 65,000 |
| Chemung County New York | 1 | $ 165,000 | $ 165,000 | $ 67,000 |
| Columbia County New York | 1 | $ 475,000 | $ 475,000 | $ 238,000 |
| Greene County New York | 1 | $ 45,000 | $ 45,000 | $ 652,000 |
| Alamance County North Carolina | 1 | $ 115,000 | $ 115,000 | $ 50,000 |
| Sampson County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 36,000 |
| Union County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 127,000 |
| Watauga County North Carolina | 1 | $ 275,000 | $ 275,000 | $ 360,000 |
| Athens County Ohio | 1 | $ 45,000 | $ 45,000 | $ 87,000 |
| Butler County Ohio | 1 | $ 105,000 | $ 105,000 | $ 121,000 |
| Columbiana County Ohio | 1 | $ 155,000 | $ 155,000 | $ 144,000 |
| Cuyahoga County Ohio | 1 | $ 115,000 | $ 115,000 | $ 221,000 |
| Miami County Ohio | 1 | $ 65,000 | $ 65,000 | $ 53,000 |
| Seneca County Ohio | 1 | $ 35,000 | $ 35,000 | $ 41,000 |
| Washington County Oklahoma | 1 | $ 385,000 | $ 385,000 | $ 174,000 |
| Berks County Pennsylvania | 1 | $ 65,000 | $ 65,000 | $ 209,000 |
| Bucks County Pennsylvania | 1 | $ 55,000 | $ 55,000 | $ 153,000 |
| Delaware County Pennsylvania | 1 | $ 95,000 | $ 95,000 | $ 111,000 |
| Lackawanna County Pennsylvania | 1 | $ 195,000 | $ 195,000 | $ 65,000 |
| Newport County Rhode Island | 1 | $ 95,000 | $ 95,000 | $ 184,000 |
| Anderson County South Carolina | 1 | $ 195,000 | $ 195,000 | $ 73,000 |
| Georgetown County South Carolina | 1 | $ 145,000 | $ 145,000 | $ 77,000 |
| Blount County Tennessee | 1 | $ 585,000 | $ 585,000 | $ 165,000 |
| Hawkins County Tennessee | 1 | $ 135,000 | $ 135,000 | $ 65,000 |
| Rutherford County Tennessee | 1 | $ 145,000 | $ 145,000 | $ 130,000 |
| Sevier County Tennessee | 1 | $ 205,000 | $ 205,000 | $ 15,000 |
| Shelby County Tennessee | 1 | $ 215,000 | $ 215,000 | $ 490,000 |
| Milam County Texas | 1 | $ 125,000 | $ 125,000 | $ 143,000 |
| Tarrant County Texas | 1 | $ 25,000 | $ 25,000 | $ 361,000 |
| Davis County Utah | 1 | $ 55,000 | $ 55,000 | $ 240,000 |
| Rich County Utah | 1 | $ 255,000 | $ 255,000 | $ 456,000 |
| Buckingham County Virginia | 1 | $ 85,000 | $ 85,000 | $ 67,000 |
| Chesterfield County Virginia | 1 | $ 15,000 | $ 15,000 | $ 38,000 |
| Hanover County Virginia | 1 | $ 555,000 | $ 555,000 | $ 239,000 |
| Mecklenburg County Virginia | 1 | $ 115,000 | $ 115,000 | $ 81,000 |
| Stafford County Virginia | 1 | $ 165,000 | $ 165,000 | $ 170,000 |
| Kitsap County Washington | 1 | $ 1,195,000 | $ 1,195,000 | $ 192,000 |
| Thurston County Washington | 1 | $ 295,000 | $ 295,000 | $ 169,000 |
| Whatcom County Washington | 1 | $ 75,000 | $ 75,000 | $ 1,962,000 |
| Waukesha County Wisconsin | 1 | $ 385,000 | $ 385,000 | $ 122,000 |
Mortgage Loan Application Detail Totals for Usalliance 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 |
|---|---|---|---|---|---|---|
| Home Purchase | 662 | $303,060,000 | $457,000 | $2,025,000 | $296,000 | $3,961,000 |
| Cash-out Refinancing | 546 | $183,680,000 | $336,000 | $2,325,000 | $283,000 | $5,100,000 |
| Refinancing | 431 | $250,895,000 | $582,000 | $3,005,000 | $288,000 | $2,516,000 |
| Home Improvement | 182 | $23,310,000 | $128,000 | $2,105,000 | $223,000 | $1,250,000 |
| Other Purpose | 143 | $16,995,000 | $118,000 | $1,505,000 | $197,000 | $1,321,000 |
| 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 | 1,253 | $519,545,000 | $414,000 | $3,005,000 | $290,000 | $5,100,000 |
| Not Provided | 377 | $150,855,000 | $400,000 | $2,105,000 | $294,000 | $3,896,000 |
| Hispanic | 107 | $32,845,000 | $306,000 | $2,005,000 | $196,000 | $998,000 |
| Black or African American | 102 | $27,450,000 | $269,000 | $1,605,000 | $195,000 | $1,596,000 |
| Asian | 101 | $42,915,000 | $424,000 | $1,505,000 | $230,000 | $694,000 |
| Native Hawaiian or Other Pacific Islander | 5 | $865,000 | $173,000 | $255,000 | $208,000 | $456,000 |
| American Indian or Alaskan Native | 1 | $95,000 | $95,000 | $95,000 | $102,000 | $102,000 |
| 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) | 1,964 | $777,940,000 | $396,000 | $3,005,000 | $277,000 | $5,100,000 |
| 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 | 1,171 | $493,755,000 | $421,000 | $2,025,000 | $281,000 | $1,933,000 |
| Application Withdrawn By Applicant | 373 | $149,445,000 | $400,000 | $3,005,000 | $294,000 | $3,961,000 |
| Application Denied By Financial Institution | 266 | $83,210,000 | $312,000 | $2,325,000 | $228,000 | $5,100,000 |
| File Closed For Incompleteness | 137 | $43,585,000 | $318,000 | $2,105,000 | $275,000 | $3,896,000 |
| Application Approved But Not Accepted | 17 | $7,945,000 | $467,000 | $1,975,000 | $359,000 | $2,105,000 |
| 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 | 1,698 | $694,730,000 | $409,000 | $3,005,000 | $284,000 | $3,961,000 |
| Debt-To-Income Ratio | 100 | $25,080,000 | $250,000 | $1,805,000 | $104,000 | $441,000 |
| Collateral | 73 | $33,845,000 | $463,000 | $2,325,000 | $292,000 | $2,516,000 |
| Credit History | 71 | $16,145,000 | $227,000 | $1,195,000 | $333,000 | $5,100,000 |
| Other | 10 | $3,090,000 | $309,000 | $1,505,000 | $344,000 | $1,250,000 |
| Unverifiable Information | 5 | $1,635,000 | $327,000 | $745,000 | $180,000 | $368,000 |
| Employment History | 5 | $3,215,000 | $643,000 | $1,165,000 | $153,000 | $361,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $125,000 | $125,000 | $125,000 | $369,000 | $369,000 |
| Credit Application Incomplete | 1 | $75,000 | $75,000 | $75,000 | $125,000 | $125,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Usalliance 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 Usalliance 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.
For a list of all lenders in New York, download the full spreadsheet
with aggregated HMDA statistics today.