Elements Financial Federal Credit Union
Mortgage Loan Application
Totals and Details
for 2022

Find mortgage loan statistics, lending data, and loan application totals for Indiana.
The mortgage statistics and data below are specific to mortgage loan applications for Elements Financial Federal Credit Union.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address Elements Financial Federal Credit Union
225 S East St, Suite 300
Indianapolis, IN 46202
Tel #: available with data download
Federal Regulator * available with data download
Years 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 3,168
Total Mortgage Loan Application Amount $678,060,000
Average Mortgage Loan Application Amount $200,000
Highest Mortgage Loan Application Amount $9,995,000
Average Applicant Income $159,600
Highest Applicant Income $3,494,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in IN, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Elements Financial Federal Credit Union by County in 2022

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Marion County Indiana 954 $ 195,890,000 $ 205,000 $ 145,000
Hamilton County Indiana 544 $ 134,840,000 $ 247,000 $ 188,000
Hendricks County Indiana 192 $ 34,940,000 $ 181,000 $ 139,000
Johnson County Indiana 159 $ 25,965,000 $ 163,000 $ 154,000
Hancock County Indiana 121 $ 20,205,000 $ 166,000 $ 133,000
Boone County Indiana 106 $ 31,740,000 $ 299,000 $ 219,000
Morgan County Indiana 63 $ 10,635,000 $ 168,000 $ 105,000
Madison County Indiana 35 $ 4,455,000 $ 127,000 $ 106,000
Monroe County Indiana 29 $ 9,655,000 $ 332,000 $ 211,000
Tippecanoe County Indiana 26 $ 4,470,000 $ 171,000 $ 138,000
Shelby County Indiana 17 $ 1,425,000 $ 83,000 $ 127,000
Putnam County Indiana 14 $ 3,280,000 $ 234,000 $ 157,000
Allen County Indiana 10 $ 3,000,000 $ 300,000 $ 167,000
Lake County Indiana 10 $ 1,810,000 $ 181,000 $ 79,000
Vigo County Indiana 10 $ 930,000 $ 93,000 $ 65,000
Bartholomew County Indiana 9 $ 1,585,000 $ 176,000 $ 137,000
Henry County Indiana 9 $ 995,000 $ 110,000 $ 81,000
Parke County Indiana 9 $ 1,415,000 $ 157,000 $ 103,000
Delaware County Indiana 8 $ 900,000 $ 112,000 $ 89,000
Clinton County Indiana 7 $ 325,000 $ 46,000 $ 74,000
Montgomery County Indiana 6 $ 880,000 $ 146,000 $ 174,000
Porter County Indiana 6 $ 1,200,000 $ 200,000 $ 124,000
Kosciusko County Indiana 5 $ 745,000 $ 149,000 $ 123,000
Brown County Indiana 4 $ 940,000 $ 235,000 $ 113,000
Howard County Indiana 4 $ 880,000 $ 220,000 $ 143,000
Lawrence County Indiana 4 $ 720,000 $ 180,000 $ 78,000
Rush County Indiana 4 $ 510,000 $ 127,000 $ 147,000
Carroll County Indiana 3 $ 195,000 $ 65,000 $ 100,000
Clark County Indiana 3 $ 375,000 $ 125,000 $ 99,000
Elkhart County Indiana 3 $ 525,000 $ 175,000 $ 300,000
Grant County Indiana 3 $ 405,000 $ 135,000 $ 89,000
Jackson County Indiana 3 $ 875,000 $ 291,000 $ 110,000
St. Joseph County Indiana 3 $ 445,000 $ 148,000 $ 176,000
Tipton County Indiana 3 $ 215,000 $ 71,000 $ 91,000
Vanderburgh County Indiana 3 $ 185,000 $ 61,000 $ 56,000
Vermillion County Indiana 3 $ 335,000 $ 111,000 $ 113,000
Warren County Indiana 3 $ 545,000 $ 181,000 $ 91,000
Wayne County Indiana 3 $ 585,000 $ 195,000 $ 122,000
Blackford County Indiana 2 $ 70,000 $ 35,000 $ 65,000
Clay County Indiana 2 $ 240,000 $ 120,000 $ 98,000
Dearborn County Indiana 2 $ 80,000 $ 40,000 $ 79,000
Decatur County Indiana 2 $ 170,000 $ 85,000 $ 47,000
Jasper County Indiana 2 $ 70,000 $ 35,000 $ 128,000
Jennings County Indiana 2 $ 90,000 $ 45,000 $ 63,000
Knox County Indiana 2 $ 60,000 $ 30,000 $ 85,000
Noble County Indiana 2 $ 490,000 $ 245,000 $ 128,000
Benton County Indiana 1 $ 25,000 $ 25,000 $ 33,000
Dubois County Indiana 1 $ 15,000 $ 15,000 $ 25,000
Fayette County Indiana 1 $ 55,000 $ 55,000 $ 74,000
Floyd County Indiana 1 $ 45,000 $ 45,000 $ 30,000
Fountain County Indiana 1 $ 225,000 $ 225,000 $ 120,000
Franklin County Indiana 1 $ 105,000 $ 105,000 $ 87,000
LaGrange County Indiana 1 $ 105,000 $ 105,000 $ 802,000
Marshall County Indiana 1 $ 175,000 $ 175,000 $ 233,000
Miami County Indiana 1 $ 235,000 $ 235,000 $ 67,000
Owen County Indiana 1 $ 255,000 $ 255,000 $ 258,000
Pike County Indiana 1 $ 75,000 $ 75,000 $ 77,000
Pulaski County Indiana 1 $ 25,000 $ 25,000 $ 66,000
Randolph County Indiana 1 $ 15,000 $ 15,000 $ 32,000
Ripley County Indiana 1 $ 55,000 $ 55,000 $ 70,000
Steuben County Indiana 1 $ 165,000 $ 165,000 $ 122,000
Switzerland County Indiana 1 $ 275,000 $ 275,000 $ 86,000
Warrick County Indiana 1 $ 25,000 $ 25,000 $ 120,000
White County Indiana 1 $ 375,000 $ 375,000 $ 121,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Indiana, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Elements Financial Federal Credit Union in 2022

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 1,136 $391,130,000 $344,000 $2,105,000 $165,000 $3,494,000
Home Improvement 844 $87,850,000 $104,000 $1,125,000 $164,000 $2,030,000
Other Purpose 584 $76,050,000 $130,000 $9,995,000 $153,000 $1,600,000
Cash-out Refinancing 495 $98,675,000 $199,000 $3,205,000 $169,000 $1,448,000
Refinancing 109 $24,355,000 $223,000 $1,225,000 $147,000 $848,000
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 2,278 $464,180,000 $203,000 $1,505,000 $161,000 $2,030,000
Not Provided 263 $61,285,000 $233,000 $1,845,000 $181,000 $1,033,000
Black or African American 227 $46,865,000 $206,000 $9,995,000 $150,000 $3,494,000
Hispanic 193 $38,775,000 $200,000 $1,465,000 $144,000 $1,600,000
Asian 167 $51,025,000 $305,000 $1,805,000 $193,000 $1,115,000
American Indian or Alaskan Native 18 $2,770,000 $153,000 $735,000 $126,000 $690,000
Not applicable 18 $12,420,000 $690,000 $3,205,000 $0 $0
Native Hawaiian or Other Pacific Islander 3 $215,000 $71,000 $105,000 $318,000 $670,000

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) 3,114 $664,760,000 $213,000 $9,995,000 $164,000 $3,494,000
FHA-insured (Federal Housing Administration) 45 $10,735,000 $238,000 $405,000 $92,000 $258,000
VA-guaranteed (Veterans Administration) 9 $2,565,000 $285,000 $425,000 $104,000 $173,000
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 2,179 $476,705,000 $218,000 $3,205,000 $169,000 $1,566,000
Application Withdrawn By Applicant 509 $132,815,000 $260,000 $1,465,000 $165,000 $2,030,000
Application Denied By Financial Institution 445 $62,485,000 $140,000 $9,995,000 $131,000 $3,494,000
Application Approved But Not Accepted 34 $5,830,000 $171,000 $755,000 $158,000 $947,000
File Closed For Incompleteness 1 $225,000 $225,000 $225,000 $118,000 $118,000
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 2,723 $615,575,000 $226,000 $3,205,000 $168,000 $2,030,000
Credit History 175 $12,795,000 $73,000 $955,000 $130,000 $3,494,000
Credit Application Incomplete 90 $13,430,000 $149,000 $1,305,000 $145,000 $610,000
Debt-To-Income Ratio 85 $9,825,000 $115,000 $505,000 $73,000 $369,000
Collateral 53 $9,965,000 $188,000 $1,205,000 $152,000 $690,000
Other 34 $5,620,000 $165,000 $805,000 $170,000 $509,000
Unverifiable Information 7 $10,425,000 $1,489,000 $9,995,000 $395,000 $827,000
Insufficient Cash (Downpayment, Closing Cost) 1 $425,000 $425,000 $425,000 $107,000 $107,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in IN, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Indiana, and search similar information at your convenience.

Download the Indiana Lender List