Weokie Federal Credit Union Mortgage Lending & HMDA Data, 2003

In 2003, Weokie Federal Credit Union of Oklahoma City, OK reported 3,291 mortgage applications totaling $212.1 million. The average application was for $64,440, and applicants reported an average income of $52,407. 69% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Oklahoma City, OK (2,804) and Tulsa, OK (3).

Mortgage Company & Address Weokie Federal Credit Union
8100 W Reno
Oklahoma City, OK 73127
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 3,291
Total Mortgage Loan Application Amount $212,073,000
Average Mortgage Loan Application Amount $64,440
Highest Mortgage Loan Application Amount $950,000
Average Applicant Income $52,407
Highest Applicant Income $957,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Weokie Federal Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Weokie Federal Credit Union by County in 2003

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Oklahoma, Oklahoma 1,660 $ 101,197,000 $ 60,962 $ 46,000
Canadian, Oklahoma 612 $ 43,219,000 $ 70,619 $ 53,000
Cleveland, Oklahoma 460 $ 31,855,000 $ 69,250 $ 53,000
Grady, Oklahoma 148 $ 10,016,000 $ 67,675 $ 51,000
McClain, Oklahoma 75 $ 4,287,000 $ 57,160 $ 49,000
Logan, Oklahoma 53 $ 3,392,000 $ 64,000 $ 54,000
Pottawatomie, Oklahoma 25 $ 1,156,000 $ 46,240 $ 53,000
Pontotoc, Oklahoma 24 $ 1,084,000 $ 45,166 $ 36,000
Pittsburg, Oklahoma 16 $ 678,000 $ 42,375 $ 80,000
Caddo, Oklahoma 15 $ 600,000 $ 40,000 $ 49,000
Tulsa, Oklahoma 15 $ 1,797,000 $ 119,800 $ 76,000
Carter, Oklahoma 13 $ 564,000 $ 43,384 $ 42,000
Garvin, Oklahoma 13 $ 513,000 $ 39,461 $ 50,000
Lincoln, Oklahoma 13 $ 861,000 $ 66,230 $ 46,000
Custer, Oklahoma 11 $ 843,000 $ 76,636 $ 44,000
Blaine, Oklahoma 10 $ 631,000 $ 63,100 $ 53,000
Kingfisher, Oklahoma 10 $ 640,000 $ 64,000 $ 46,000
Kay, Oklahoma 8 $ 210,000 $ 26,250 $ 46,000
Bryan, Oklahoma 6 $ 361,000 $ 60,166 $ 61,000
Hughes, Oklahoma 6 $ 257,000 $ 42,833 $ 39,000
Payne, Oklahoma 6 $ 624,000 $ 104,000 $ 69,000
Seminole, Oklahoma 6 $ 371,000 $ 61,833 $ 54,000
Marshall, Oklahoma 5 $ 176,000 $ 35,200 $ 75,000
McIntosh, Oklahoma 5 $ 365,000 $ 73,000 $ 121,000
Stephens, Oklahoma 4 $ 166,000 $ 41,500 $ 55,000
Anderson, Texas 4 $ 367,000 $ 91,750 $ 55,000
Delaware, Oklahoma 3 $ 278,000 $ 92,666 $ 81,000
Johnston, Oklahoma 3 $ 167,000 $ 55,666 $ 43,000
Latimer, Oklahoma 3 $ 74,000 $ 24,666 $ 63,000
Murray, Oklahoma 3 $ 134,000 $ 44,666 $ 56,000
Apache, Arizona 2 $ 4,000 $ 2,000 $ 65,000
Arkansas, Arkansas 2 $ 78,000 $ 39,000 $ 52,000
Comanche, Oklahoma 2 $ 125,000 $ 62,500 $ 109,000
Dewey, Oklahoma 2 $ 36,000 $ 18,000 $ 16,000
Garfield, Oklahoma 2 $ 117,000 $ 58,500 $ 71,000
Love, Oklahoma 2 $ 85,000 $ 42,500 $ 41,000
Osage, Oklahoma 2 $ 160,000 $ 80,000 $ 53,000
Washita, Oklahoma 2 $ 61,000 $ 30,500 $ 30,000
Dallas, Texas 2 $ 255,000 $ 127,500 $ 52,000
Denton, Texas 2 $ 455,000 $ 227,500 $ 91,000
Pulaski, Arkansas 1 $ 116,000 $ 116,000 $ 100,000
Alameda, California 1 $ 103,000 $ 103,000 $ 54,000
Alachua, Florida 1 $ 2,000 $ 2,000 $ 38,000
Manatee, Florida 1 $ 15,000 $ 15,000 $ 35,000
Cherokee, Georgia 1 $ 134,000 $ 134,000 $ 64,000
Bond, Illinois 1 $ 102,000 $ 102,000 $ 43,000
Adams, Indiana 1 $ 90,000 $ 90,000 $ 68,000
Aitkin, Minnesota 1 $ 121,000 $ 121,000 $ 78,000
Adair, Missouri 1 $ 80,000 $ 80,000 $ 30,000
Camden, Missouri 1 $ 139,000 $ 139,000 $ 52,000
Clark, Nevada 1 $ 280,000 $ 280,000 $ 362,000
Suffolk, New York 1 $ 112,000 $ 112,000 $ 53,000
Adair, Oklahoma 1 $ 1,000 $ 1,000 $ 49,000
Atoka, Oklahoma 1 $ 12,000 $ 12,000 $ 47,000
Beckham, Oklahoma 1 $ 46,000 $ 46,000 $ 31,000
Craig, Oklahoma 1 $ 50,000 $ 50,000 $ 58,000
Grant, Oklahoma 1 $ 32,000 $ 32,000 $ 120,000
Haskell, Oklahoma 1 $ 53,000 $ 53,000 $ 89,000
Jefferson, Oklahoma 1 $ 31,000 $ 31,000 $ 43,000
Mayes, Oklahoma 1 $ 116,000 $ 116,000 $ 76,000
McCurtain, Oklahoma 1 $ 3,000 $ 3,000 $ 15,000
Muskogee, Oklahoma 1 $ 6,000 $ 6,000 $ 57,000
Pushmataha, Oklahoma 1 $ 25,000 $ 25,000 $ 58,000
Rogers, Oklahoma 1 $ 20,000 $ 20,000 $ 18,000
Sequoyah, Oklahoma 1 $ 100,000 $ 100,000 $ 42,000
Texas, Oklahoma 1 $ 25,000 $ 25,000 $ 84,000
Tillman, Oklahoma 1 $ 37,000 $ 37,000 $ 26,000
Wagoner, Oklahoma 1 $ 146,000 $ 146,000 $ 30,000
Washington, Oklahoma 1 $ 63,000 $ 63,000 $ 28,000
Woodward, Oklahoma 1 $ 161,000 $ 161,000 $ 97,000
Adams, Pennsylvania 1 $ 1,000 $ 1,000 $ 100,000
Anderson, Tennessee 1 $ 2,000 $ 2,000 $ 26,000
Collin, Texas 1 $ 300,000 $ 300,000 $ 37,000
Culberson, Texas 1 $ 102,000 $ 102,000 $ 43,000
Titus, Texas 1 $ 238,000 $ 238,000 $ 124,000
Fairfax, Virginia 1 $ 950,000 $ 950,000 $ 540,000

Mortgage Loan Application Detail Totals for Weokie Federal Credit Union in 2003

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
Refinancing (home purchase or home improvement, one-to-four family) 2,203 $160,360,000 $133,125 $377,000 $93,375 $583,000
Home Improvement (one-to-four family) 576 $5,309,000 $3,166 $100,000 $58,000 $464,000
Home Purchase (one-to-four family) 512 $46,404,000 $202,375 $950,000 $116,125 $957,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 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 2,079 $136,444,000 $151,083 $950,000 $94,000 $957,000
Information not provided by applicant in mail or telephone application 578 $36,510,000 $65,333 $250,000 $60,833 $268,000
Asian or Pacific Islander 228 $17,977,000 $82,500 $357,000 $51,000 $195,000
Black 139 $6,270,000 $45,000 $301,000 $46,000 $230,000
Hispanic 123 $4,127,000 $155,500 $280,000 $203,000 $362,000
American Indian or Alaskan Native 98 $8,761,000 $89,000 $377,000 $57,000 $219,000
Other 45 $1,978,000 $43,000 $153,000 $43,000 $141,000
Not applicable 1 $6,000 $6,000 $6,000 $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) 3,289 $212,068,000 $143,562 $950,000 $107,250 $957,000
FHA-insured (Federal Housing Administration) 2 $5,000 $2,000 $3,000 $49,000 $64,000
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 2,262 $139,349,000 $91,833 $650,000 $86,333 $957,000
Application Withdrawn By Applicant 726 $55,591,000 $190,000 $950,000 $112,000 $540,000
Application Denied By Financial Institution 292 $16,565,000 $134,666 $300,000 $51,666 $464,000
Application Approved But Not Accepted 8 $373,000 $46,000 $99,000 $39,000 $80,000
File Closed For Incompleteness 2 $189,000 $94,000 $130,000 $45,000 $63,000
Loan Purchased By The Institution 1 $6,000 $6,000 $6,000 $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
Credit History 148 $7,016,000 $63,500 $160,000 $40,500 $464,000
Debt-To-Income Ratio 56 $4,412,000 $156,500 $238,000 $83,000 $124,000
Collateral 15 $973,000 $64,000 $220,000 $46,000 $75,000
Other 10 $599,000 $166,500 $300,000 $39,000 $77,000
Unverifiable Information 5 $310,000 $62,000 $85,000 $38,000 $66,000
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 Weokie Federal Credit Union's 2003 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 Weokie 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 Oklahoma, download the full spreadsheet with aggregated HMDA statistics today.

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