West Community Credit Union Mortgage Lending & HMDA Data, 2023
In 2023, West Community Credit Union of O'fallon, MO reported 998 mortgage applications totaling $124.3 million, down 25% from 2022. The average application was for $124,539, and applicants reported an average income of $145,214. 59% of its applications resulted in an originated loan and 16% were denied. Its largest markets were St. Louis, MO-IL (735), Columbia, MO (107) and Jefferson City, MO (4) (applications in parentheses).
| Mortgage Company & Address | West Community Credit Union 4161 State Hwy K O'fallon, MO 63368 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 |
| Total Number of Mortgage Applications | 998 |
| Total Mortgage Loan Application Amount | $124,290,000 |
| Average Mortgage Loan Application Amount | $124,539 |
| Highest Mortgage Loan Application Amount | $725,000 |
| Average Applicant Income | $145,214 |
| Highest Applicant Income | $1,920,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records West Community Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| St. Louis, MO-IL | 735 | $ 76,445,000 | $ 104,006 | $ 158,805 |
| Outside any metro area | 145 | $ 27,125,000 | $ 187,068 | $ 92,317 |
| Columbia, MO | 107 | $ 19,645,000 | $ 183,598 | $ 128,000 |
| Jefferson City, MO | 4 | $ 490,000 | $ 122,500 | $ 68,000 |
| Springfield, MO | 3 | $ 395,000 | $ 131,666 | $ 226,000 |
| Atlanta-Sandy Springs-Roswell, GA | 1 | $ 45,000 | $ 45,000 | $ 0 |
| Charlotte-Concord-Gastonia, NC-SC | 1 | $ 75,000 | $ 75,000 | $ 50,000 |
| Indianapolis-Carmel-Anderson, IN | 1 | $ 45,000 | $ 45,000 | $ 48,000 |
| Kansas City, MO-KS | 1 | $ 25,000 | $ 25,000 | $ 120,000 |
Mortgage Loan Application Detail Totals for West Community 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 |
|---|---|---|---|---|---|---|
| Other Purpose | 330 | $24,570,000 | $74,000 | $605,000 | $148,000 | $1,920,000 |
| Home Improvement | 291 | $24,775,000 | $85,000 | $705,000 | $164,000 | $850,000 |
| Home Purchase | 290 | $63,160,000 | $217,000 | $725,000 | $126,000 | $1,026,000 |
| Refinancing | 84 | $11,180,000 | $133,000 | $665,000 | $137,000 | $580,000 |
| Cash-out Refinancing | 3 | $605,000 | $201,000 | $355,000 | $104,000 | $210,000 |
| 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 | 777 | $98,015,000 | $126,000 | $725,000 | $155,000 | $1,920,000 |
| Black or African American | 112 | $11,210,000 | $100,000 | $345,000 | $104,000 | $536,000 |
| Not Provided | 50 | $5,480,000 | $109,000 | $305,000 | $100,000 | $290,000 |
| Hispanic | 34 | $5,640,000 | $165,000 | $485,000 | $122,000 | $509,000 |
| Asian | 18 | $3,520,000 | $195,000 | $445,000 | $137,000 | $325,000 |
| American Indian or Alaskan Native | 4 | $240,000 | $60,000 | $85,000 | $197,000 | $450,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $95,000 | $95,000 | $95,000 | $66,000 | $66,000 |
| 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) | 971 | $119,295,000 | $122,000 | $725,000 | $147,000 | $1,920,000 |
| FHA-insured (Federal Housing Administration) | 23 | $4,445,000 | $193,000 | $345,000 | $70,000 | $145,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $70,000 | $35,000 | $55,000 | $49,000 | $71,000 |
| VA-guaranteed (Veterans Administration) | 2 | $480,000 | $240,000 | $255,000 | $51,000 | $60,000 |
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 | 589 | $69,205,000 | $117,000 | $705,000 | $165,000 | $1,355,000 |
| Application Denied By Financial Institution | 158 | $13,770,000 | $87,000 | $395,000 | $114,000 | $1,920,000 |
| Application Approved But Not Accepted | 129 | $16,655,000 | $129,000 | $725,000 | $145,000 | $850,000 |
| Preapproval Approved but not Accepted | 97 | $20,935,000 | $215,000 | $725,000 | $100,000 | $780,000 |
| Preapproval Denied by Financial Institution | 19 | $3,025,000 | $159,000 | $255,000 | $58,000 | $130,000 |
| Application Withdrawn By Applicant | 4 | $270,000 | $67,000 | $125,000 | $91,000 | $192,000 |
| File Closed For Incompleteness | 2 | $430,000 | $215,000 | $245,000 | $70,000 | $72,000 |
| 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 | 821 | $107,495,000 | $130,000 | $725,000 | $153,000 | $1,355,000 |
| Debt-To-Income Ratio | 79 | $8,555,000 | $108,000 | $395,000 | $86,000 | $443,000 |
| Credit History | 55 | $4,795,000 | $87,000 | $285,000 | $88,000 | $263,000 |
| Other | 31 | $2,205,000 | $71,000 | $255,000 | $195,000 | $1,920,000 |
| Collateral | 5 | $365,000 | $73,000 | $175,000 | $108,000 | $212,000 |
| Unverifiable Information | 4 | $430,000 | $107,000 | $265,000 | $146,000 | $216,000 |
| Credit Application Incomplete | 1 | $135,000 | $135,000 | $135,000 | $136,000 | $136,000 |
| Employment History | 1 | $65,000 | $65,000 | $65,000 | $29,000 | $29,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $245,000 | $245,000 | $245,000 | $128,000 | $128,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into West Community 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 West Community 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 Missouri, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About