Veridian Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Veridian 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 | Veridian Credit Union 1827 Ansborough Ave Waterloo, IA 50701 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 | 14,483 |
| Total Mortgage Loan Application Amount | $2,116,335,000 |
| Average Mortgage Loan Application Amount | $139,400 |
| Highest Mortgage Loan Application Amount | $41,255,000 |
| Average Applicant Income | $100,200 |
| Highest Applicant Income | $1,571,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with Veridian 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 Veridian 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 Veridian 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 Veridian Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Veridian 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 Veridian 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 |
|---|---|---|---|---|
| Polk County Iowa | 3,383 | $ 530,125,000 | $ 156,000 | $ 104,000 |
| Black Hawk County Iowa | 2,494 | $ 282,440,000 | $ 113,000 | $ 76,000 |
| Douglas County Nebraska | 1,887 | $ 354,395,000 | $ 187,000 | $ 122,000 |
| Linn County Iowa | 903 | $ 116,845,000 | $ 129,000 | $ 90,000 |
| Dallas County Iowa | 873 | $ 166,755,000 | $ 191,000 | $ 129,000 |
| Sarpy County Nebraska | 765 | $ 130,305,000 | $ 170,000 | $ 117,000 |
| Bremer County Iowa | 473 | $ 54,325,000 | $ 114,000 | $ 82,000 |
| Warren County Iowa | 311 | $ 49,835,000 | $ 160,000 | $ 107,000 |
| Johnson County Iowa | 277 | $ 49,815,000 | $ 179,000 | $ 101,000 |
| Buchanan County Iowa | 260 | $ 24,850,000 | $ 95,000 | $ 73,000 |
| Pottawattamie County Iowa | 248 | $ 26,690,000 | $ 107,000 | $ 86,000 |
| Fayette County Iowa | 218 | $ 16,200,000 | $ 74,000 | $ 65,000 |
| Butler County Iowa | 216 | $ 22,560,000 | $ 104,000 | $ 75,000 |
| Story County Iowa | 155 | $ 20,695,000 | $ 133,000 | $ 102,000 |
| Benton County Iowa | 143 | $ 15,665,000 | $ 109,000 | $ 86,000 |
| Grundy County Iowa | 139 | $ 15,625,000 | $ 112,000 | $ 90,000 |
| Jasper County Iowa | 82 | $ 8,810,000 | $ 107,000 | $ 94,000 |
| Madison County Iowa | 80 | $ 10,320,000 | $ 129,000 | $ 105,000 |
| Boone County Iowa | 75 | $ 8,805,000 | $ 117,000 | $ 99,000 |
| Chickasaw County Iowa | 75 | $ 7,075,000 | $ 94,000 | $ 78,000 |
| Tama County Iowa | 74 | $ 6,710,000 | $ 90,000 | $ 71,000 |
| Cass County Nebraska | 63 | $ 11,585,000 | $ 183,000 | $ 111,000 |
| Lancaster County Nebraska | 60 | $ 9,080,000 | $ 151,000 | $ 115,000 |
| Marshall County Iowa | 53 | $ 4,535,000 | $ 85,000 | $ 76,000 |
| Cerro Gordo County Iowa | 49 | $ 6,455,000 | $ 131,000 | $ 125,000 |
| Marion County Iowa | 45 | $ 5,265,000 | $ 117,000 | $ 111,000 |
| Washington County Nebraska | 43 | $ 8,535,000 | $ 198,000 | $ 128,000 |
| Hardin County Iowa | 41 | $ 3,125,000 | $ 76,000 | $ 76,000 |
| Cedar County Iowa | 40 | $ 4,830,000 | $ 120,000 | $ 84,000 |
| Floyd County Iowa | 40 | $ 3,270,000 | $ 81,000 | $ 68,000 |
| Iowa County Iowa | 39 | $ 4,035,000 | $ 103,000 | $ 81,000 |
| Guthrie County Iowa | 35 | $ 5,625,000 | $ 160,000 | $ 141,000 |
| Mills County Iowa | 33 | $ 4,845,000 | $ 146,000 | $ 100,000 |
| Scott County Iowa | 33 | $ 5,145,000 | $ 155,000 | $ 128,000 |
| Poweshiek County Iowa | 32 | $ 7,930,000 | $ 247,000 | $ 121,000 |
| Saunders County Nebraska | 32 | $ 6,780,000 | $ 211,000 | $ 126,000 |
| Winneshiek County Iowa | 26 | $ 2,880,000 | $ 110,000 | $ 81,000 |
| Clarke County Iowa | 22 | $ 1,570,000 | $ 71,000 | $ 92,000 |
| Jones County Iowa | 22 | $ 3,680,000 | $ 167,000 | $ 90,000 |
| Washington County Iowa | 22 | $ 3,010,000 | $ 136,000 | $ 86,000 |
| Clayton County Iowa | 20 | $ 2,140,000 | $ 107,000 | $ 73,000 |
| Franklin County Iowa | 19 | $ 1,285,000 | $ 67,000 | $ 60,000 |
| Webster County Iowa | 19 | $ 1,285,000 | $ 67,000 | $ 58,000 |
| Delaware County Iowa | 18 | $ 2,790,000 | $ 155,000 | $ 89,000 |
| Dubuque County Iowa | 18 | $ 2,020,000 | $ 112,000 | $ 62,000 |
| Dodge County Nebraska | 18 | $ 1,490,000 | $ 82,000 | $ 83,000 |
| Harrison County Iowa | 17 | $ 2,185,000 | $ 128,000 | $ 88,000 |
| Shelby County Iowa | 17 | $ 3,385,000 | $ 199,000 | $ 80,000 |
| Woodbury County Iowa | 17 | $ 1,585,000 | $ 93,000 | $ 86,000 |
| Hamilton County Iowa | 16 | $ 1,170,000 | $ 73,000 | $ 70,000 |
| Muscatine County Iowa | 16 | $ 2,150,000 | $ 134,000 | $ 71,000 |
| Allamakee County Iowa | 15 | $ 1,115,000 | $ 74,000 | $ 74,000 |
| Adair County Iowa | 14 | $ 2,130,000 | $ 152,000 | $ 85,000 |
| Mahaska County Iowa | 14 | $ 1,360,000 | $ 97,000 | $ 78,000 |
| Wapello County Iowa | 13 | $ 705,000 | $ 54,000 | $ 77,000 |
| Carroll County Iowa | 12 | $ 760,000 | $ 63,000 | $ 73,000 |
| Worth County Iowa | 12 | $ 1,390,000 | $ 115,000 | $ 85,000 |
| Wright County Iowa | 12 | $ 1,080,000 | $ 90,000 | $ 86,000 |
| Ringgold County Iowa | 11 | $ 2,635,000 | $ 239,000 | $ 220,000 |
| Union County Iowa | 10 | $ 560,000 | $ 56,000 | $ 61,000 |
| Dickinson County Iowa | 9 | $ 1,985,000 | $ 220,000 | $ 169,000 |
| Louisa County Iowa | 9 | $ 1,295,000 | $ 143,000 | $ 73,000 |
| Decatur County Iowa | 8 | $ 1,160,000 | $ 145,000 | $ 80,000 |
| Des Moines County Iowa | 8 | $ 690,000 | $ 86,000 | $ 85,000 |
| Kossuth County Iowa | 8 | $ 1,350,000 | $ 168,000 | $ 101,000 |
| Montgomery County Iowa | 8 | $ 630,000 | $ 78,000 | $ 45,000 |
| Fremont County Iowa | 7 | $ 195,000 | $ 27,000 | $ 61,000 |
| Hancock County Iowa | 7 | $ 775,000 | $ 110,000 | $ 70,000 |
| Lucas County Iowa | 7 | $ 385,000 | $ 55,000 | $ 87,000 |
| Winnebago County Iowa | 7 | $ 285,000 | $ 40,000 | $ 67,000 |
| Audubon County Iowa | 6 | $ 350,000 | $ 58,000 | $ 65,000 |
| Cass County Iowa | 6 | $ 340,000 | $ 56,000 | $ 68,000 |
| Greene County Iowa | 6 | $ 590,000 | $ 98,000 | $ 85,000 |
| Platte County Nebraska | 6 | $ 580,000 | $ 96,000 | $ 70,000 |
| Appanoose County Iowa | 5 | $ 645,000 | $ 129,000 | $ 94,000 |
| Crawford County Iowa | 5 | $ 1,375,000 | $ 275,000 | $ 126,000 |
| Hennepin County Minnesota | 5 | $ 1,675,000 | $ 335,000 | $ 143,000 |
| Cook County Illinois | 4 | $ 1,180,000 | $ 295,000 | $ 116,000 |
| Cherokee County Iowa | 4 | $ 930,000 | $ 232,000 | $ 99,000 |
| Clay County Iowa | 4 | $ 470,000 | $ 117,000 | $ 78,000 |
| Clinton County Iowa | 4 | $ 490,000 | $ 122,000 | $ 93,000 |
| Howard County Iowa | 4 | $ 370,000 | $ 92,000 | $ 48,000 |
| Humboldt County Iowa | 4 | $ 360,000 | $ 90,000 | $ 136,000 |
| Page County Iowa | 4 | $ 580,000 | $ 145,000 | $ 124,000 |
| Taylor County Iowa | 4 | $ 370,000 | $ 92,000 | $ 92,000 |
| Wayne County Iowa | 4 | $ 850,000 | $ 212,000 | $ 80,000 |
| Stone County Missouri | 4 | $ 1,070,000 | $ 267,000 | $ 126,000 |
| Jackson County Iowa | 3 | $ 455,000 | $ 151,000 | $ 76,000 |
| Keokuk County Iowa | 3 | $ 145,000 | $ 48,000 | $ 64,000 |
| Monroe County Iowa | 3 | $ 295,000 | $ 98,000 | $ 55,000 |
| Palo Alto County Iowa | 3 | $ 135,000 | $ 45,000 | $ 76,000 |
| Pocahontas County Iowa | 3 | $ 65,000 | $ 21,000 | $ 72,000 |
| Dakota County Minnesota | 3 | $ 955,000 | $ 318,000 | $ 109,000 |
| Adair County Missouri | 3 | $ 475,000 | $ 158,000 | $ 224,000 |
| Camden County Missouri | 3 | $ 875,000 | $ 291,000 | $ 295,000 |
| Putnam County Missouri | 3 | $ 575,000 | $ 191,000 | $ 138,000 |
| Buffalo County Nebraska | 3 | $ 15,065,000 | $ 5,021,000 | $ 134,000 |
| Dixon County Nebraska | 3 | $ 185,000 | $ 61,000 | $ 42,000 |
| Hall County Nebraska | 3 | $ 145,000 | $ 48,000 | $ 96,000 |
| Otoe County Nebraska | 3 | $ 585,000 | $ 195,000 | $ 154,000 |
| Union County South Dakota | 3 | $ 765,000 | $ 255,000 | $ 88,000 |
| Jo Daviess County Illinois | 2 | $ 250,000 | $ 125,000 | $ 101,000 |
| Lake County Illinois | 2 | $ 490,000 | $ 245,000 | $ 120,000 |
| Buena Vista County Iowa | 2 | $ 210,000 | $ 105,000 | $ 68,000 |
| Calhoun County Iowa | 2 | $ 90,000 | $ 45,000 | $ 142,000 |
| Henry County Iowa | 2 | $ 200,000 | $ 100,000 | $ 55,000 |
| Ida County Iowa | 2 | $ 310,000 | $ 155,000 | $ 119,000 |
| Monona County Iowa | 2 | $ 160,000 | $ 80,000 | $ 97,000 |
| Plymouth County Iowa | 2 | $ 40,000 | $ 20,000 | $ 84,000 |
| Cass County Minnesota | 2 | $ 520,000 | $ 260,000 | $ 107,000 |
| Crow Wing County Minnesota | 2 | $ 380,000 | $ 190,000 | $ 94,000 |
| Martin County Minnesota | 2 | $ 420,000 | $ 210,000 | $ 169,000 |
| Wright County Minnesota | 2 | $ 610,000 | $ 305,000 | $ 161,000 |
| Butler County Missouri | 2 | $ 590,000 | $ 295,000 | $ 1,571,000 |
| Morgan County Missouri | 2 | $ 420,000 | $ 210,000 | $ 167,000 |
| St. Louis City County Missouri | 2 | $ 490,000 | $ 245,000 | $ 149,000 |
| Adams County Nebraska | 2 | $ 320,000 | $ 160,000 | $ 42,000 |
| Dakota County Nebraska | 2 | $ 110,000 | $ 55,000 | $ 64,000 |
| Lincoln County Nebraska | 2 | $ 60,000 | $ 30,000 | $ 33,000 |
| Crawford County Wisconsin | 2 | $ 460,000 | $ 230,000 | $ 140,000 |
| Dane County Wisconsin | 2 | $ 500,000 | $ 250,000 | $ 80,000 |
| La Crosse County Wisconsin | 2 | $ 350,000 | $ 175,000 | $ 127,000 |
| Milwaukee County Wisconsin | 2 | $ 460,000 | $ 230,000 | $ 131,000 |
| Pepin County Wisconsin | 2 | $ 370,000 | $ 185,000 | $ 106,000 |
| Baldwin County Alabama | 1 | $ 855,000 | $ 855,000 | $ 185,000 |
| Champaign County Illinois | 1 | $ 255,000 | $ 255,000 | $ 170,000 |
| Kane County Illinois | 1 | $ 255,000 | $ 255,000 | $ 69,000 |
| Ogle County Illinois | 1 | $ 255,000 | $ 255,000 | $ 114,000 |
| Rock Island County Illinois | 1 | $ 35,000 | $ 35,000 | $ 39,000 |
| Will County Illinois | 1 | $ 135,000 | $ 135,000 | $ 156,000 |
| Winnebago County Illinois | 1 | $ 125,000 | $ 125,000 | $ 146,000 |
| Emmet County Iowa | 1 | $ 45,000 | $ 45,000 | $ 52,000 |
| Jefferson County Iowa | 1 | $ 155,000 | $ 155,000 | $ 93,000 |
| Lee County Iowa | 1 | $ 125,000 | $ 125,000 | $ 40,000 |
| O'Brien County Iowa | 1 | $ 75,000 | $ 75,000 | $ 86,000 |
| Osceola County Iowa | 1 | $ 195,000 | $ 195,000 | $ 99,000 |
| Sac County Iowa | 1 | $ 65,000 | $ 65,000 | $ 110,000 |
| Sioux County Iowa | 1 | $ 225,000 | $ 225,000 | $ 133,000 |
| Van Buren County Iowa | 1 | $ 295,000 | $ 295,000 | $ 72,000 |
| Blue Earth County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 33,000 |
| Carver County Minnesota | 1 | $ 345,000 | $ 345,000 | $ 112,000 |
| Goodhue County Minnesota | 1 | $ 375,000 | $ 375,000 | $ 142,000 |
| Hubbard County Minnesota | 1 | $ 315,000 | $ 315,000 | $ 125,000 |
| Otter Tail County Minnesota | 1 | $ 145,000 | $ 145,000 | $ 146,000 |
| Ramsey County Minnesota | 1 | $ 305,000 | $ 305,000 | $ 128,000 |
| Scott County Minnesota | 1 | $ 395,000 | $ 395,000 | $ 203,000 |
| Sherburne County Minnesota | 1 | $ 415,000 | $ 415,000 | $ 131,000 |
| Stearns County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 112,000 |
| Barry County Missouri | 1 | $ 395,000 | $ 395,000 | $ 288,000 |
| Benton County Missouri | 1 | $ 145,000 | $ 145,000 | $ 177,000 |
| Callaway County Missouri | 1 | $ 165,000 | $ 165,000 | $ 68,000 |
| Cape Girardeau County Missouri | 1 | $ 105,000 | $ 105,000 | $ 44,000 |
| Clay County Missouri | 1 | $ 265,000 | $ 265,000 | $ 89,000 |
| Crawford County Missouri | 1 | $ 205,000 | $ 205,000 | $ 52,000 |
| Jackson County Missouri | 1 | $ 95,000 | $ 95,000 | $ 281,000 |
| Jefferson County Missouri | 1 | $ 145,000 | $ 145,000 | $ 50,000 |
| Johnson County Missouri | 1 | $ 355,000 | $ 355,000 | $ 100,000 |
| Miller County Missouri | 1 | $ 245,000 | $ 245,000 | $ 264,000 |
| Pettis County Missouri | 1 | $ 225,000 | $ 225,000 | $ 73,000 |
| St. Charles County Missouri | 1 | $ 275,000 | $ 275,000 | $ 100,000 |
| St. Louis County Missouri | 1 | $ 215,000 | $ 215,000 | $ 58,000 |
| Taney County Missouri | 1 | $ 275,000 | $ 275,000 | $ 76,000 |
| Antelope County Nebraska | 1 | $ 255,000 | $ 255,000 | $ 114,000 |
| Boone County Nebraska | 1 | $ 105,000 | $ 105,000 | $ 92,000 |
| Burt County Nebraska | 1 | $ 115,000 | $ 115,000 | $ 130,000 |
| Cedar County Nebraska | 1 | $ 85,000 | $ 85,000 | $ 170,000 |
| Clay County Nebraska | 1 | $ 15,000 | $ 15,000 | $ 36,000 |
| Colfax County Nebraska | 1 | $ 125,000 | $ 125,000 | $ 52,000 |
| Cuming County Nebraska | 1 | $ 45,000 | $ 45,000 | $ 59,000 |
| Gage County Nebraska | 1 | $ 155,000 | $ 155,000 | $ 69,000 |
| Holt County Nebraska | 1 | $ 55,000 | $ 55,000 | $ 84,000 |
| Johnson County Nebraska | 1 | $ 85,000 | $ 85,000 | $ 92,000 |
| Keith County Nebraska | 1 | $ 275,000 | $ 275,000 | $ 113,000 |
| Madison County Nebraska | 1 | $ 95,000 | $ 95,000 | $ 57,000 |
| Nemaha County Nebraska | 1 | $ 125,000 | $ 125,000 | $ 334,000 |
| Nuckolls County Nebraska | 1 | $ 25,000 | $ 25,000 | $ 24,000 |
| Polk County Nebraska | 1 | $ 65,000 | $ 65,000 | $ 74,000 |
| Richardson County Nebraska | 1 | $ 65,000 | $ 65,000 | $ 19,000 |
| Seward County Nebraska | 1 | $ 325,000 | $ 325,000 | $ 169,000 |
| Thurston County Nebraska | 1 | $ 75,000 | $ 75,000 | $ 90,000 |
| York County Nebraska | 1 | $ 45,000 | $ 45,000 | $ 136,000 |
| Comanche County Oklahoma | 1 | $ 15,000 | $ 15,000 | $ 193,000 |
| Lincoln County South Dakota | 1 | $ 225,000 | $ 225,000 | $ 151,000 |
| Pennington County South Dakota | 1 | $ 175,000 | $ 175,000 | $ 113,000 |
| Yankton County South Dakota | 1 | $ 315,000 | $ 315,000 | $ 144,000 |
| Dunn County Wisconsin | 1 | $ 265,000 | $ 265,000 | $ 294,000 |
| Grant County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 43,000 |
| Iowa County Wisconsin | 1 | $ 115,000 | $ 115,000 | $ 108,000 |
| Sauk County Wisconsin | 1 | $ 55,000 | $ 55,000 | $ 79,000 |
| Washington County Wisconsin | 1 | $ 185,000 | $ 185,000 | $ 84,000 |
| Waukesha County Wisconsin | 1 | $ 235,000 | $ 235,000 | $ 95,000 |
Mortgage Loan Application Detail Totals for Veridian 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 | 4,192 | $765,340,000 | $182,000 | $28,605,000 | $88,000 | $1,571,000 |
| Refinancing | 3,652 | $732,990,000 | $200,000 | $41,255,000 | $109,000 | $1,246,000 |
| Other Purpose | 3,012 | $216,970,000 | $72,000 | $745,000 | $102,000 | $1,116,000 |
| Home Improvement | 2,079 | $88,465,000 | $42,000 | $855,000 | $96,000 | $550,000 |
| Cash-out Refinancing | 1,548 | $312,570,000 | $201,000 | $7,505,000 | $106,000 | $697,000 |
| 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 | 11,586 | $1,529,700,000 | $132,000 | $1,045,000 | $98,000 | $1,571,000 |
| Not Provided | 1,388 | $224,840,000 | $161,000 | $1,345,000 | $115,000 | $1,452,000 |
| Asian | 497 | $95,435,000 | $192,000 | $515,000 | $108,000 | $1,143,000 |
| Hispanic | 480 | $54,910,000 | $114,000 | $515,000 | $74,000 | $410,000 |
| Black or African American | 309 | $36,955,000 | $119,000 | $655,000 | $78,000 | $526,000 |
| Not applicable | 52 | $139,440,000 | $2,681,000 | $41,255,000 | $0 | $0 |
| American Indian or Alaskan Native | 36 | $5,410,000 | $150,000 | $475,000 | $88,000 | $255,000 |
| Native Hawaiian or Other Pacific Islander | 7 | $1,055,000 | $150,000 | $355,000 | $95,000 | $155,000 |
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) | 14,058 | $2,014,400,000 | $143,000 | $41,255,000 | $99,000 | $1,571,000 |
| VA-guaranteed (Veterans Administration) | 404 | $98,350,000 | $243,000 | $495,000 | $104,000 | $315,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 21 | $3,585,000 | $170,000 | $255,000 | $61,000 | $112,000 |
| FHA-insured (Federal Housing 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 | 10,427 | $1,627,975,000 | $156,000 | $41,255,000 | $100,000 | $1,571,000 |
| Application Withdrawn By Applicant | 2,043 | $287,165,000 | $140,000 | $1,345,000 | $105,000 | $1,452,000 |
| File Closed For Incompleteness | 891 | $89,815,000 | $100,000 | $515,000 | $101,000 | $580,000 |
| Application Denied By Financial Institution | 851 | $71,275,000 | $83,000 | $2,165,000 | $72,000 | $512,000 |
| Application Approved But Not Accepted | 181 | $24,115,000 | $133,000 | $525,000 | $85,000 | $268,000 |
| Preapproval Approved but not Accepted | 75 | $13,555,000 | $180,000 | $395,000 | $78,000 | $309,000 |
| Preapproval Denied by Financial Institution | 15 | $2,435,000 | $162,000 | $345,000 | $75,000 | $230,000 |
| 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 | 13,617 | $2,042,625,000 | $150,000 | $41,255,000 | $101,000 | $1,571,000 |
| Debt-To-Income Ratio | 401 | $39,845,000 | $99,000 | $505,000 | $60,000 | $237,000 |
| Credit History | 350 | $20,490,000 | $58,000 | $415,000 | $84,000 | $512,000 |
| Collateral | 65 | $5,465,000 | $84,000 | $855,000 | $80,000 | $230,000 |
| Other | 28 | $4,740,000 | $169,000 | $2,165,000 | $84,000 | $254,000 |
| Unverifiable Information | 11 | $1,705,000 | $155,000 | $345,000 | $71,000 | $157,000 |
| Employment History | 6 | $700,000 | $116,000 | $245,000 | $56,000 | $135,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $620,000 | $155,000 | $365,000 | $76,000 | $126,000 |
| Credit Application Incomplete | 1 | $145,000 | $145,000 | $145,000 | $69,000 | $69,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Veridian 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 Veridian 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 Iowa, download the full spreadsheet
with aggregated HMDA statistics today.