Veridian Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Veridian Credit Union 2023 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 | 8,807 |
| Total Mortgage Loan Application Amount | $1,020,575,000 |
| Average Mortgage Loan Application Amount | $111,800 |
| Highest Mortgage Loan Application Amount | $35,805,000 |
| Average Applicant Income | $113,600 |
| Highest Applicant Income | $2,750,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 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 2023 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 2023.
| 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 | 1,766 | $ 174,100,000 | $ 98,000 | $ 111,000 |
| Black Hawk County Iowa | 1,726 | $ 160,930,000 | $ 93,000 | $ 83,000 |
| Douglas County Nebraska | 960 | $ 148,340,000 | $ 154,000 | $ 131,000 |
| Linn County Iowa | 529 | $ 50,505,000 | $ 95,000 | $ 99,000 |
| Sarpy County Nebraska | 381 | $ 55,555,000 | $ 145,000 | $ 144,000 |
| Dallas County Iowa | 343 | $ 45,165,000 | $ 131,000 | $ 144,000 |
| Bremer County Iowa | 275 | $ 26,945,000 | $ 97,000 | $ 92,000 |
| Buchanan County Iowa | 218 | $ 17,780,000 | $ 81,000 | $ 82,000 |
| Pottawattamie County Iowa | 197 | $ 17,625,000 | $ 89,000 | $ 98,000 |
| Warren County Iowa | 196 | $ 23,400,000 | $ 119,000 | $ 121,000 |
| Fayette County Iowa | 177 | $ 10,455,000 | $ 59,000 | $ 69,000 |
| Butler County Iowa | 144 | $ 13,020,000 | $ 90,000 | $ 87,000 |
| Grundy County Iowa | 126 | $ 13,170,000 | $ 104,000 | $ 91,000 |
| Story County Iowa | 119 | $ 11,435,000 | $ 96,000 | $ 118,000 |
| Hennepin County Minnesota | 117 | $ 41,455,000 | $ 354,000 | $ 216,000 |
| Johnson County Iowa | 100 | $ 13,650,000 | $ 136,000 | $ 120,000 |
| Benton County Iowa | 89 | $ 9,775,000 | $ 109,000 | $ 116,000 |
| Jasper County Iowa | 75 | $ 4,965,000 | $ 66,000 | $ 88,000 |
| Tama County Iowa | 71 | $ 5,415,000 | $ 76,000 | $ 78,000 |
| Boone County Iowa | 57 | $ 4,955,000 | $ 86,000 | $ 112,000 |
| Marshall County Iowa | 43 | $ 2,695,000 | $ 62,000 | $ 85,000 |
| Chickasaw County Iowa | 42 | $ 3,580,000 | $ 85,000 | $ 94,000 |
| Hardin County Iowa | 37 | $ 3,175,000 | $ 85,000 | $ 67,000 |
| Madison County Iowa | 37 | $ 6,905,000 | $ 186,000 | $ 167,000 |
| Cerro Gordo County Iowa | 33 | $ 2,145,000 | $ 65,000 | $ 99,000 |
| Lancaster County Nebraska | 33 | $ 5,235,000 | $ 158,000 | $ 139,000 |
| Marion County Iowa | 31 | $ 3,715,000 | $ 119,000 | $ 116,000 |
| Cass County Nebraska | 31 | $ 5,525,000 | $ 178,000 | $ 120,000 |
| Mills County Iowa | 25 | $ 3,535,000 | $ 141,000 | $ 125,000 |
| Dodge County Nebraska | 24 | $ 1,810,000 | $ 75,000 | $ 96,000 |
| Anoka County Minnesota | 23 | $ 2,945,000 | $ 128,000 | $ 189,000 |
| Scott County Minnesota | 23 | $ 3,185,000 | $ 138,000 | $ 344,000 |
| Dakota County Minnesota | 22 | $ 3,020,000 | $ 137,000 | $ 225,000 |
| Floyd County Iowa | 21 | $ 2,335,000 | $ 111,000 | $ 78,000 |
| Ramsey County Minnesota | 21 | $ 3,375,000 | $ 160,000 | $ 134,000 |
| Clayton County Iowa | 19 | $ 2,005,000 | $ 105,000 | $ 93,000 |
| Cedar County Iowa | 18 | $ 1,160,000 | $ 64,000 | $ 110,000 |
| Guthrie County Iowa | 18 | $ 2,010,000 | $ 111,000 | $ 90,000 |
| Harrison County Iowa | 18 | $ 1,250,000 | $ 69,000 | $ 96,000 |
| Franklin County Iowa | 17 | $ 595,000 | $ 35,000 | $ 69,000 |
| Poweshiek County Iowa | 17 | $ 2,125,000 | $ 125,000 | $ 85,000 |
| Iowa County Iowa | 16 | $ 1,470,000 | $ 91,000 | $ 77,000 |
| Jones County Iowa | 16 | $ 1,590,000 | $ 99,000 | $ 89,000 |
| Wright County Minnesota | 16 | $ 2,660,000 | $ 166,000 | $ 132,000 |
| Carver County Minnesota | 15 | $ 3,065,000 | $ 204,000 | $ 276,000 |
| Washington County Iowa | 14 | $ 970,000 | $ 69,000 | $ 78,000 |
| Saunders County Nebraska | 14 | $ 2,190,000 | $ 156,000 | $ 121,000 |
| Washington County Nebraska | 14 | $ 2,000,000 | $ 142,000 | $ 112,000 |
| Dubuque County Iowa | 13 | $ 1,975,000 | $ 151,000 | $ 142,000 |
| Scott County Iowa | 13 | $ 1,695,000 | $ 130,000 | $ 116,000 |
| Washington County Minnesota | 13 | $ 1,915,000 | $ 147,000 | $ 310,000 |
| Hamilton County Iowa | 12 | $ 980,000 | $ 81,000 | $ 100,000 |
| Lucas County Iowa | 11 | $ 755,000 | $ 68,000 | $ 64,000 |
| Muscatine County Iowa | 11 | $ 1,295,000 | $ 117,000 | $ 102,000 |
| Delaware County Iowa | 10 | $ 1,140,000 | $ 114,000 | $ 108,000 |
| Greene County Iowa | 10 | $ 770,000 | $ 77,000 | $ 83,000 |
| Mahaska County Iowa | 10 | $ 490,000 | $ 49,000 | $ 110,000 |
| Mitchell County Iowa | 10 | $ 950,000 | $ 95,000 | $ 88,000 |
| Des Moines County Iowa | 9 | $ 655,000 | $ 72,000 | $ 82,000 |
| Union County Iowa | 9 | $ 675,000 | $ 75,000 | $ 85,000 |
| Woodbury County Iowa | 9 | $ 675,000 | $ 75,000 | $ 118,000 |
| Howard County Iowa | 8 | $ 830,000 | $ 103,000 | $ 80,000 |
| Wapello County Iowa | 8 | $ 560,000 | $ 70,000 | $ 116,000 |
| Winneshiek County Iowa | 8 | $ 510,000 | $ 63,000 | $ 104,000 |
| Allamakee County Iowa | 7 | $ 1,115,000 | $ 159,000 | $ 120,000 |
| Cass County Iowa | 7 | $ 845,000 | $ 120,000 | $ 98,000 |
| Montgomery County Iowa | 7 | $ 885,000 | $ 126,000 | $ 93,000 |
| Page County Iowa | 7 | $ 285,000 | $ 40,000 | $ 102,000 |
| Shelby County Iowa | 7 | $ 765,000 | $ 109,000 | $ 120,000 |
| Webster County Iowa | 7 | $ 815,000 | $ 116,000 | $ 93,000 |
| Wright County Iowa | 7 | $ 665,000 | $ 95,000 | $ 107,000 |
| Clarke County Iowa | 6 | $ 280,000 | $ 46,000 | $ 95,000 |
| Clinton County Iowa | 6 | $ 310,000 | $ 51,000 | $ 44,000 |
| Keokuk County Iowa | 6 | $ 240,000 | $ 40,000 | $ 32,000 |
| Crow Wing County Minnesota | 6 | $ 1,830,000 | $ 305,000 | $ 248,000 |
| Sherburne County Minnesota | 6 | $ 750,000 | $ 125,000 | $ 237,000 |
| Hall County Nebraska | 6 | $ 630,000 | $ 105,000 | $ 80,000 |
| Adair County Iowa | 5 | $ 285,000 | $ 57,000 | $ 75,000 |
| Audubon County Iowa | 5 | $ 625,000 | $ 125,000 | $ 73,000 |
| Dickinson County Iowa | 5 | $ 545,000 | $ 109,000 | $ 126,000 |
| Ringgold County Iowa | 5 | $ 965,000 | $ 193,000 | $ 134,000 |
| Crawford County Wisconsin | 5 | $ 975,000 | $ 195,000 | $ 152,000 |
| Cook County Illinois | 4 | $ 1,090,000 | $ 272,000 | $ 216,000 |
| Appanoose County Iowa | 4 | $ 1,650,000 | $ 412,000 | $ 273,000 |
| Calhoun County Iowa | 4 | $ 220,000 | $ 55,000 | $ 46,000 |
| Clay County Iowa | 4 | $ 100,000 | $ 25,000 | $ 67,000 |
| Decatur County Iowa | 4 | $ 450,000 | $ 112,000 | $ 322,000 |
| Fremont County Iowa | 4 | $ 270,000 | $ 67,000 | $ 64,000 |
| Humboldt County Iowa | 4 | $ 220,000 | $ 55,000 | $ 37,000 |
| Jackson County Iowa | 4 | $ 360,000 | $ 90,000 | $ 106,000 |
| Kossuth County Iowa | 4 | $ 200,000 | $ 50,000 | $ 88,000 |
| Plymouth County Iowa | 4 | $ 180,000 | $ 45,000 | $ 135,000 |
| Lincoln County South Dakota | 4 | $ 36,660,000 | $ 9,165,000 | $ 173,000 |
| Dane County Wisconsin | 4 | $ 870,000 | $ 217,000 | $ 94,000 |
| Rock Island County Illinois | 3 | $ 465,000 | $ 155,000 | $ 61,000 |
| Carroll County Iowa | 3 | $ 195,000 | $ 65,000 | $ 48,000 |
| Crawford County Iowa | 3 | $ 175,000 | $ 58,000 | $ 55,000 |
| Hancock County Iowa | 3 | $ 355,000 | $ 118,000 | $ 83,000 |
| Louisa County Iowa | 3 | $ 455,000 | $ 151,000 | $ 102,000 |
| Palo Alto County Iowa | 3 | $ 105,000 | $ 35,000 | $ 110,000 |
| Taylor County Iowa | 3 | $ 95,000 | $ 31,000 | $ 43,000 |
| Winnebago County Iowa | 3 | $ 95,000 | $ 31,000 | $ 96,000 |
| Worth County Iowa | 3 | $ 65,000 | $ 21,000 | $ 18,000 |
| Olmsted County Minnesota | 3 | $ 495,000 | $ 165,000 | $ 61,000 |
| Rice County Minnesota | 3 | $ 405,000 | $ 135,000 | $ 125,000 |
| Madison County Nebraska | 3 | $ 75,000 | $ 25,000 | $ 138,000 |
| Grant County Wisconsin | 3 | $ 305,000 | $ 101,000 | $ 74,000 |
| Milwaukee County Wisconsin | 3 | $ 545,000 | $ 181,000 | $ 82,000 |
| Orange County Florida | 2 | $ 640,000 | $ 320,000 | $ 365,000 |
| Henry County Illinois | 2 | $ 440,000 | $ 220,000 | $ 106,000 |
| Adams County Iowa | 2 | $ 240,000 | $ 120,000 | $ 64,000 |
| Buena Vista County Iowa | 2 | $ 250,000 | $ 125,000 | $ 134,000 |
| Henry County Iowa | 2 | $ 130,000 | $ 65,000 | $ 58,000 |
| Jefferson County Iowa | 2 | $ 160,000 | $ 80,000 | $ 81,000 |
| Lyon County Iowa | 2 | $ 110,000 | $ 55,000 | $ 91,000 |
| Monroe County Iowa | 2 | $ 250,000 | $ 125,000 | $ 128,000 |
| O'Brien County Iowa | 2 | $ 200,000 | $ 100,000 | $ 134,000 |
| Sioux County Iowa | 2 | $ 80,000 | $ 40,000 | $ 43,000 |
| Van Buren County Iowa | 2 | $ 200,000 | $ 100,000 | $ 135,000 |
| Cass County Minnesota | 2 | $ 90,000 | $ 45,000 | $ 75,000 |
| Chisago County Minnesota | 2 | $ 110,000 | $ 55,000 | $ 71,000 |
| Goodhue County Minnesota | 2 | $ 610,000 | $ 305,000 | $ 191,000 |
| Isanti County Minnesota | 2 | $ 100,000 | $ 50,000 | $ 93,000 |
| Itasca County Minnesota | 2 | $ 140,000 | $ 70,000 | $ 133,000 |
| Steele County Minnesota | 2 | $ 580,000 | $ 290,000 | $ 146,000 |
| Waseca County Minnesota | 2 | $ 130,000 | $ 65,000 | $ 68,000 |
| Camden County Missouri | 2 | $ 1,480,000 | $ 740,000 | $ 253,000 |
| St. Louis City County Missouri | 2 | $ 400,000 | $ 200,000 | $ 91,000 |
| Taney County Missouri | 2 | $ 270,000 | $ 135,000 | $ 60,000 |
| Clay County Nebraska | 2 | $ 40,000 | $ 20,000 | $ 58,000 |
| Jefferson County Nebraska | 2 | $ 90,000 | $ 45,000 | $ 96,000 |
| Saline County Nebraska | 2 | $ 110,000 | $ 55,000 | $ 106,000 |
| York County Nebraska | 2 | $ 490,000 | $ 245,000 | $ 92,000 |
| Lancaster County Pennsylvania | 2 | $ 10,000 | $ 5,000 | $ 31,000 |
| Autauga County Alabama | 1 | $ 55,000 | $ 55,000 | $ 77,000 |
| White County Arkansas | 1 | $ 185,000 | $ 185,000 | $ 53,000 |
| San Joaquin County California | 1 | $ 35,000 | $ 35,000 | $ 138,000 |
| Douglas County Colorado | 1 | $ 165,000 | $ 165,000 | $ 297,000 |
| Osceola County Florida | 1 | $ 25,000 | $ 25,000 | $ 54,000 |
| Carroll County Illinois | 1 | $ 45,000 | $ 45,000 | $ 28,000 |
| Henderson County Illinois | 1 | $ 25,000 | $ 25,000 | $ 44,000 |
| Kane County Illinois | 1 | $ 335,000 | $ 335,000 | $ 1,781,000 |
| Kendall County Illinois | 1 | $ 505,000 | $ 505,000 | $ 452,000 |
| St. Clair County Illinois | 1 | $ 65,000 | $ 65,000 | $ 114,000 |
| Will County Illinois | 1 | $ 65,000 | $ 65,000 | $ 59,000 |
| Davis County Iowa | 1 | $ 45,000 | $ 45,000 | $ 141,000 |
| Monona County Iowa | 1 | $ 15,000 | $ 15,000 | $ 68,000 |
| Osceola County Iowa | 1 | $ 85,000 | $ 85,000 | $ 46,000 |
| Sac County Iowa | 1 | $ 25,000 | $ 25,000 | $ 102,000 |
| Montgomery County Maryland | 1 | $ 45,000 | $ 45,000 | $ 85,000 |
| Blue Earth County Minnesota | 1 | $ 95,000 | $ 95,000 | $ 186,000 |
| Brown County Minnesota | 1 | $ 25,000 | $ 25,000 | $ 83,000 |
| Cook County Minnesota | 1 | $ 205,000 | $ 205,000 | $ 231,000 |
| Douglas County Minnesota | 1 | $ 105,000 | $ 105,000 | $ 241,000 |
| Le Sueur County Minnesota | 1 | $ 45,000 | $ 45,000 | $ 85,000 |
| Mille Lacs County Minnesota | 1 | $ 45,000 | $ 45,000 | $ 116,000 |
| Mower County Minnesota | 1 | $ 45,000 | $ 45,000 | $ 80,000 |
| Murray County Minnesota | 1 | $ 205,000 | $ 205,000 | $ 194,000 |
| Sibley County Minnesota | 1 | $ 55,000 | $ 55,000 | $ 106,000 |
| St. Louis County Minnesota | 1 | $ 115,000 | $ 115,000 | $ 93,000 |
| Andrew County Missouri | 1 | $ 215,000 | $ 215,000 | $ 82,000 |
| Boone County Missouri | 1 | $ 465,000 | $ 465,000 | $ 214,000 |
| Clay County Missouri | 1 | $ 335,000 | $ 335,000 | $ 102,000 |
| Miller County Missouri | 1 | $ 225,000 | $ 225,000 | $ 71,000 |
| Platte County Missouri | 1 | $ 285,000 | $ 285,000 | $ 177,000 |
| Putnam County Missouri | 1 | $ 175,000 | $ 175,000 | $ 165,000 |
| Ralls County Missouri | 1 | $ 205,000 | $ 205,000 | $ 95,000 |
| Stone County Missouri | 1 | $ 275,000 | $ 275,000 | $ 169,000 |
| Adams County Nebraska | 1 | $ 205,000 | $ 205,000 | $ 92,000 |
| Buffalo County Nebraska | 1 | $ 65,000 | $ 65,000 | $ 139,000 |
| Burt County Nebraska | 1 | $ 25,000 | $ 25,000 | $ 114,000 |
| Cedar County Nebraska | 1 | $ 315,000 | $ 315,000 | $ 67,000 |
| Cuming County Nebraska | 1 | $ 55,000 | $ 55,000 | $ 137,000 |
| Dakota County Nebraska | 1 | $ 35,000 | $ 35,000 | $ 109,000 |
| Gage County Nebraska | 1 | $ 15,000 | $ 15,000 | $ 76,000 |
| Hamilton County Nebraska | 1 | $ 125,000 | $ 125,000 | $ 227,000 |
| Johnson County Nebraska | 1 | $ 25,000 | $ 25,000 | $ 46,000 |
| Kearney County Nebraska | 1 | $ 335,000 | $ 335,000 | $ 154,000 |
| Otoe County Nebraska | 1 | $ 45,000 | $ 45,000 | $ 43,000 |
| Pawnee County Nebraska | 1 | $ 115,000 | $ 115,000 | $ 70,000 |
| Platte County Nebraska | 1 | $ 45,000 | $ 45,000 | $ 82,000 |
| Richardson County Nebraska | 1 | $ 55,000 | $ 55,000 | $ 92,000 |
| Seward County Nebraska | 1 | $ 185,000 | $ 185,000 | $ 85,000 |
| Bennett County South Dakota | 1 | $ 105,000 | $ 105,000 | $ 50,000 |
| Pennington County South Dakota | 1 | $ 255,000 | $ 255,000 | $ 80,000 |
| Yankton County South Dakota | 1 | $ 475,000 | $ 475,000 | $ 180,000 |
| Collin County Texas | 1 | $ 5,000 | $ 5,000 | $ 111,000 |
| Dallas County Texas | 1 | $ 4,405,000 | $ 4,405,000 | $ 0 |
| Harris County Texas | 1 | $ 105,000 | $ 105,000 | $ 159,000 |
| Tarrant County Texas | 1 | $ 105,000 | $ 105,000 | $ 209,000 |
| Henrico County Virginia | 1 | $ 255,000 | $ 255,000 | $ 291,000 |
| Virginia Beach County Virginia | 1 | $ 65,000 | $ 65,000 | $ 109,000 |
| Clark County Washington | 1 | $ 55,000 | $ 55,000 | $ 263,000 |
| Chippewa County Wisconsin | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Douglas County Wisconsin | 1 | $ 125,000 | $ 125,000 | $ 242,000 |
| Pepin County Wisconsin | 1 | $ 175,000 | $ 175,000 | $ 1,261,000 |
| Pierce County Wisconsin | 1 | $ 255,000 | $ 255,000 | $ 198,000 |
| Polk County Wisconsin | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Portage County Wisconsin | 1 | $ 175,000 | $ 175,000 | $ 115,000 |
| Sawyer County Wisconsin | 1 | $ 115,000 | $ 115,000 | $ 32,000 |
| Waukesha County Wisconsin | 1 | $ 215,000 | $ 215,000 | $ 297,000 |
Mortgage Loan Application Detail Totals for Veridian 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 Purchase | 3,209 | $629,355,000 | $196,000 | $35,805,000 | $107,000 | $2,750,000 |
| Home Improvement | 2,474 | $128,640,000 | $51,000 | $505,000 | $111,000 | $988,000 |
| Other Purpose | 2,138 | $147,290,000 | $68,000 | $24,405,000 | $106,000 | $1,500,000 |
| Refinancing | 630 | $64,590,000 | $102,000 | $2,885,000 | $117,000 | $2,013,000 |
| Cash-out Refinancing | 356 | $50,700,000 | $142,000 | $885,000 | $127,000 | $1,084,000 |
| 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 | 7,043 | $732,985,000 | $104,000 | $2,885,000 | $111,000 | $2,750,000 |
| Hispanic | 619 | $49,835,000 | $80,000 | $505,000 | $85,000 | $1,440,000 |
| Not Provided | 470 | $73,230,000 | $155,000 | $605,000 | $120,000 | $1,073,000 |
| Black or African American | 296 | $25,730,000 | $86,000 | $475,000 | $87,000 | $1,416,000 |
| Asian | 254 | $47,250,000 | $186,000 | $1,405,000 | $126,000 | $2,160,000 |
| American Indian or Alaskan Native | 38 | $4,910,000 | $129,000 | $505,000 | $94,000 | $452,000 |
| Not applicable | 20 | $70,080,000 | $3,504,000 | $35,805,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 10 | $1,090,000 | $109,000 | $445,000 | $115,000 | $206,000 |
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) | 8,695 | $986,175,000 | $113,000 | $35,805,000 | $109,000 | $2,750,000 |
| VA-guaranteed (Veterans Administration) | 112 | $34,400,000 | $307,000 | $655,000 | $110,000 | $655,000 |
| 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 |
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 | 6,112 | $749,730,000 | $122,000 | $35,805,000 | $113,000 | $2,013,000 |
| Application Withdrawn By Applicant | 1,004 | $134,010,000 | $133,000 | $24,405,000 | $117,000 | $2,750,000 |
| Application Denied By Financial Institution | 911 | $62,045,000 | $68,000 | $455,000 | $82,000 | $2,160,000 |
| File Closed For Incompleteness | 633 | $48,005,000 | $75,000 | $755,000 | $105,000 | $1,500,000 |
| Application Approved But Not Accepted | 58 | $8,900,000 | $153,000 | $905,000 | $93,000 | $291,000 |
| Preapproval Approved but not Accepted | 56 | $11,690,000 | $208,000 | $705,000 | $90,000 | $244,000 |
| Preapproval Denied by Financial Institution | 33 | $6,195,000 | $187,000 | $425,000 | $77,000 | $217,000 |
| 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 | 7,863 | $952,335,000 | $121,000 | $35,805,000 | $113,000 | $2,750,000 |
| Debt-To-Income Ratio | 438 | $36,910,000 | $84,000 | $455,000 | $73,000 | $505,000 |
| Credit History | 402 | $22,540,000 | $56,000 | $425,000 | $90,000 | $2,160,000 |
| Collateral | 58 | $3,520,000 | $60,000 | $315,000 | $95,000 | $721,000 |
| Employment History | 17 | $1,805,000 | $106,000 | $305,000 | $63,000 | $201,000 |
| Other | 13 | $1,335,000 | $102,000 | $355,000 | $86,000 | $152,000 |
| Unverifiable Information | 10 | $1,280,000 | $128,000 | $305,000 | $76,000 | $169,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $405,000 | $81,000 | $135,000 | $98,000 | $217,000 |
| Mortgage Insurance Denied | 1 | $445,000 | $445,000 | $445,000 | $166,000 | $166,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Veridian 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 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.
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with aggregated HMDA statistics today.