Hanscom Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2021

Hanscom Federal Credit Union 2021 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 Hanscom Federal Credit Union
25 Porter Road, Suite 100
Bedford, MA 01460
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 3,962
Total Mortgage Loan Application Amount $970,300,000
Average Mortgage Loan Application Amount $262,000
Highest Mortgage Loan Application Amount $6,205,000
Average Applicant Income $186,000
Highest Applicant Income $4,188,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2021 with Hanscom Federal 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 Hanscom Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.

Our HMDA dataset for 2021 breaks down Hanscom Federal 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 Hanscom Federal Credit Union serves its applicants.

Each category highlights the total number of mortgage applications processed by Hanscom Federal 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 Hanscom Federal Credit Union's mortgage activity for 2021.

Mortgage Loan Application Totals for Hanscom Federal Credit Union by Metropolitan Area in 2021

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 1,663 $ 424,795,000 $ 255,000 $ 186,000
BOSTON, MA 802 $ 217,300,000 $ 270,000 $ 183,000
WORCESTER, MA-CT 272 $ 59,120,000 $ 219,000 $ 137,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 209 $ 48,265,000 $ 209,666 $ 179,666
PROVIDENCE-WARWICK, RI-MA 148 $ 26,770,000 $ 180,000 $ 135,500
NA (OUTSIDE OF MSA/MD) 115 $ 27,995,000 $ 289,666 $ 262,700
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 115 $ 20,905,000 $ 181,000 $ 154,000
MANCHESTER-NASHUA, NH 105 $ 21,415,000 $ 203,000 $ 152,000
BARNSTABLE TOWN, MA 75 $ 22,855,000 $ 304,000 $ 278,000
PORTLAND-SOUTH PORTLAND, ME 35 $ 7,125,000 $ 203,000 $ 159,000
SPRINGFIELD, MA 28 $ 4,000,000 $ 142,000 $ 125,000
ATLANTA-SANDY SPRINGS-ROSWELL, GA 23 $ 3,425,000 $ 148,000 $ 121,000
WASHINGTON-BALTIMORE-ARLINGTON, DC 23 $ 6,155,000 $ 267,000 $ 238,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 18 $ 2,830,000 $ 157,000 $ 200,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 17 $ 2,755,000 $ 162,000 $ 268,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 15 $ 5,925,000 $ 395,000 $ 317,000
PHOENIX-MESA-SCOTTSDALE, AZ 11 $ 1,575,000 $ 143,000 $ 175,000
NEW YORK-NEWARK, NY 9 $ 1,505,000 $ 105,000 $ 169,000
PITTSFIELD, MA 9 $ 2,265,000 $ 251,000 $ 175,000
BALTIMORE-COLUMBIA-TOWSON, MD 8 $ 1,360,000 $ 170,000 $ 170,000
BRIDGEPORT-STAMFORD-NORWALK, CT 8 $ 2,680,000 $ 335,000 $ 216,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 8 $ 1,980,000 $ 247,000 $ 276,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 7 $ 1,365,000 $ 200,000 $ 124,500
CHICAGO-NAPERVILLE, IL 6 $ 1,240,000 $ 206,000 $ 181,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 6 $ 1,750,000 $ 291,000 $ 134,000
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 6 $ 910,000 $ 131,000 $ 243,500
OAKLAND-HAYWARD-BERKELEY, CA 6 $ 2,080,000 $ 346,000 $ 198,000
PITTSBURGH, PA 6 $ 1,010,000 $ 168,000 $ 114,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 6 $ 1,620,000 $ 270,000 $ 186,000
CAMDEN, NJ 5 $ 1,015,000 $ 203,000 $ 152,000
CHARLESTON-NORTH CHARLESTON, SC 5 $ 905,000 $ 181,000 $ 152,000
DENVER-AURORA-LAKEWOOD, CO 5 $ 985,000 $ 197,000 $ 104,000
NEWARK, NJ-PA 5 $ 1,655,000 $ 331,000 $ 127,000
SAN DIEGO-CARLSBAD, CA 5 $ 1,405,000 $ 281,000 $ 104,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 5 $ 585,000 $ 117,000 $ 82,000
HUNTSVILLE, AL 4 $ 650,000 $ 162,000 $ 166,000
NEW HAVEN-MILFORD, CT 4 $ 650,000 $ 162,000 $ 180,000
ORLANDO-KISSIMMEE-SANFORD, FL 4 $ 680,000 $ 170,000 $ 126,000
RALEIGH, NC 4 $ 1,500,000 $ 375,000 $ 192,000
SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA 4 $ 3,000,000 $ 750,000 $ 335,000
SEATTLE-BELLEVUE-EVERETT, WA 4 $ 1,490,000 $ 372,000 $ 211,000
BOULDER, CO 3 $ 745,000 $ 248,000 $ 93,000
BURLINGTON-SOUTH BURLINGTON, VT 3 $ 575,000 $ 191,000 $ 120,000
COLUMBIA, SC 3 $ 705,000 $ 235,000 $ 122,000
DURHAM-CHAPEL HILL, NC 3 $ 485,000 $ 161,000 $ 175,000
LAS VEGAS-HENDERSON-PARADISE, NV 3 $ 155,000 $ 51,000 $ 102,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 3 $ 805,000 $ 268,000 $ 131,000
LYNCHBURG, VA 3 $ 265,000 $ 88,000 $ 76,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 3 $ 605,000 $ 201,000 $ 179,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 3 $ 1,025,000 $ 341,000 $ 149,000
NORTH PORT-SARASOTA-BRADENTON, FL 3 $ 335,000 $ 111,000 $ 94,000
NORWICH-NEW LONDON, CT 3 $ 125,000 $ 41,000 $ 176,000
PANAMA CITY, FL 3 $ 515,000 $ 171,000 $ 159,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 3 $ 825,000 $ 287,500 $ 186,000
PUNTA GORDA, FL 3 $ 745,000 $ 248,000 $ 111,000
RICHMOND, VA 3 $ 245,000 $ 81,000 $ 106,000
SALISBURY, MD-DE 3 $ 1,395,000 $ 465,000 $ 304,000
SANTA CRUZ-WATSONVILLE, CA 3 $ 1,215,000 $ 405,000 $ 120,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 3 $ 305,000 $ 101,000 $ 91,000
WARREN-TROY-FARMINGTON HILLS, MI 3 $ 375,000 $ 125,000 $ 212,000
WILMINGTON, NC 3 $ 1,255,000 $ 418,000 $ 135,000
AKRON, OH 2 $ 400,000 $ 200,000 $ 230,000
ALBUQUERQUE, NM 2 $ 410,000 $ 205,000 $ 171,000
ATLANTIC CITY-HAMMONTON, NJ 2 $ 360,000 $ 180,000 $ 66,000
AUGUSTA-RICHMOND COUNTY, GA-SC 2 $ 210,000 $ 105,000 $ 113,000
BLACKSBURG-CHRISTIANSBURG-RADFORD, VA 2 $ 110,000 $ 55,000 $ 178,000
CAPE CORAL-FORT MYERS, FL 2 $ 730,000 $ 365,000 $ 175,000
CHATTANOOGA, TN-GA 2 $ 120,000 $ 60,000 $ 82,000
COLORADO SPRINGS, CO 2 $ 1,030,000 $ 515,000 $ 201,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 2 $ 400,000 $ 200,000 $ 252,000
FORT COLLINS, CO 2 $ 330,000 $ 165,000 $ 134,000
HAGERSTOWN-MARTINSBURG, MD-WV 2 $ 690,000 $ 345,000 $ 164,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 2 $ 380,000 $ 190,000 $ 236,000
KANSAS CITY, MO-KS 2 $ 220,000 $ 110,000 $ 72,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 2 $ 260,000 $ 130,000 $ 99,000
LAWRENCE, KS 2 $ 420,000 $ 210,000 $ 119,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 2 $ 320,000 $ 160,000 $ 106,000
OKLAHOMA CITY, OK 2 $ 900,000 $ 450,000 $ 219,000
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 2 $ 810,000 $ 405,000 $ 323,000
ST. LOUIS, MO-IL 2 $ 1,070,000 $ 535,000 $ 327,000
ANAHEIM-SANTA ANA-IRVINE, CA 1 $ 1,105,000 $ 1,105,000 $ 344,000
BANGOR, ME 1 $ 75,000 $ 75,000 $ 120,000
BIRMINGHAM-HOOVER, AL 1 $ 35,000 $ 35,000 $ 150,000
BOISE CITY, ID 1 $ 325,000 $ 325,000 $ 185,000
CHAMPAIGN-URBANA, IL 1 $ 185,000 $ 185,000 $ 89,000
CHARLESTON, WV 1 $ 75,000 $ 75,000 $ 120,000
CHARLOTTESVILLE, VA 1 $ 535,000 $ 535,000 $ 431,000
CINCINNATI, OH-KY-IN 1 $ 125,000 $ 125,000 $ 83,000
COLUMBUS, OH 1 $ 285,000 $ 285,000 $ 130,000
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 1 $ 105,000 $ 105,000 $ 46,000
FAYETTEVILLE, NC 1 $ 105,000 $ 105,000 $ 122,000
GADSDEN, AL 1 $ 65,000 $ 65,000 $ 49,000
HOMOSASSA SPRINGS, FL 1 $ 25,000 $ 25,000 $ 102,000
HOT SPRINGS, AR 1 $ 255,000 $ 255,000 $ 120,000
IDAHO FALLS, ID 1 $ 205,000 $ 205,000 $ 200,000
JACKSONVILLE, FL 1 $ 155,000 $ 155,000 $ 85,000
JOHNSTOWN, PA 1 $ 35,000 $ 35,000 $ 180,000
JONESBORO, AR 1 $ 345,000 $ 345,000 $ 257,000
LAKELAND-WINTER HAVEN, FL 1 $ 65,000 $ 65,000 $ 47,000
LANSING-EAST LANSING, MI 1 $ 95,000 $ 95,000 $ 56,000
LINCOLN, NE 1 $ 35,000 $ 35,000 $ 134,000
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 1 $ 45,000 $ 45,000 $ 73,000
MADISON, WI 1 $ 305,000 $ 305,000 $ 78,000
MIAMI-MIAMI BEACH-KENDALL, FL 1 $ 105,000 $ 105,000 $ 183,000
NASSAU COUNTY-SUFFOLK COUNTY, NY 1 $ 355,000 $ 355,000 $ 85,000
NEW BERN, NC 1 $ 205,000 $ 205,000 $ 80,000
NEW ORLEANS-METAIRIE, LA 1 $ 505,000 $ 505,000 $ 275,000
OCALA, FL 1 $ 235,000 $ 235,000 $ 150,000
OXNARD-THOUSAND OAKS-VENTURA, CA 1 $ 425,000 $ 425,000 $ 330,000
PENSACOLA-FERRY PASS-BRENT, FL 1 $ 365,000 $ 365,000 $ 142,000
PHILADELPHIA, PA 1 $ 505,000 $ 505,000 $ 301,000
PORT ST. LUCIE, FL 1 $ 125,000 $ 125,000 $ 92,000
PROVO-OREM, UT 1 $ 25,000 $ 25,000 $ 160,000
RENO, NV 1 $ 525,000 $ 525,000 $ 175,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 1 $ 255,000 $ 255,000 $ 69,000
ROANOKE, VA 1 $ 45,000 $ 45,000 $ 87,000
SALINAS, CA 1 $ 125,000 $ 125,000 $ 73,000
SALT LAKE CITY, UT 1 $ 195,000 $ 195,000 $ 174,000
SAN LUIS OBISPO-PASO ROBLES-ARROYO GRANDE, CA 1 $ 155,000 $ 155,000 $ 160,000
SANTA FE, NM 1 $ 45,000 $ 45,000 $ 83,000
SEBASTIAN-VERO BEACH, FL 1 $ 35,000 $ 35,000 $ 73,000
SEBRING, FL 1 $ 105,000 $ 105,000 $ 75,000
ST. CLOUD, MN 1 $ 65,000 $ 65,000 $ 37,000
STATE COLLEGE, PA 1 $ 175,000 $ 175,000 $ 49,000
STOCKTON-LODI, CA 1 $ 485,000 $ 485,000 $ 256,000
TACOMA-LAKEWOOD, WA 1 $ 235,000 $ 235,000 $ 191,000
TUCSON, AZ 1 $ 335,000 $ 335,000 $ 177,000
URBAN HONOLULU, HI 1 $ 505,000 $ 505,000 $ 81,000
WILMINGTON, DE-MD-NJ 1 $ 105,000 $ 105,000 $ 102,000
WINCHESTER, VA-WV 1 $ 55,000 $ 55,000 $ 259,000
YORK-HANOVER, PA 1 $ 55,000 $ 55,000 $ 55,000

Mortgage Loan Application Detail Totals for Hanscom Federal Credit Union in 2021

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 Improvement 1,477 $189,075,000 $128,000 $995,000 $183,000 $4,188,000
Refinancing 1,061 $323,105,000 $304,000 $6,205,000 $180,000 $2,243,000
Cash-out Refinancing 672 $255,560,000 $380,000 $1,915,000 $172,000 $1,993,000
Home Purchase 447 $158,175,000 $353,000 $5,005,000 $186,000 $1,207,000
Other Purpose 305 $44,385,000 $145,000 $565,000 $209,000 $2,029,000
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 2,678 $599,710,000 $223,000 $1,675,000 $184,000 $2,029,000
Not Provided 568 $158,790,000 $279,000 $5,005,000 $184,000 $974,000
Black or African American 252 $53,990,000 $214,000 $1,105,000 $143,000 $2,243,000
Asian 213 $58,275,000 $273,000 $1,505,000 $234,000 $4,188,000
Hispanic 152 $32,550,000 $214,000 $925,000 $145,000 $683,000
Not applicable 54 $49,460,000 $915,000 $6,205,000 $0 $0
American Indian or Alaskan Native 13 $2,515,000 $193,000 $495,000 $121,000 $392,000
Native Hawaiian or Other Pacific Islander 4 $1,120,000 $280,000 $405,000 $127,000 $191,000

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) 3,902 $948,760,000 $243,000 $6,205,000 $184,000 $4,188,000
VA-guaranteed (Veterans Administration) 59 $21,385,000 $362,000 $725,000 $129,000 $376,000
FHA-insured (Federal Housing Administration) 1 $155,000 $155,000 $155,000 $117,000 $117,000
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 2,788 $661,050,000 $237,000 $6,205,000 $187,000 $4,188,000
Application Denied By Financial Institution 452 $111,380,000 $246,000 $1,675,000 $144,000 $1,874,000
Application Withdrawn By Applicant 295 $92,055,000 $312,000 $1,105,000 $189,000 $2,243,000
Application Approved But Not Accepted 229 $34,195,000 $149,000 $935,000 $177,000 $1,695,000
File Closed For Incompleteness 198 $71,620,000 $361,000 $1,915,000 $212,000 $1,993,000
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 3,510 $858,920,000 $244,000 $6,205,000 $188,000 $4,188,000
Debt-To-Income Ratio 170 $50,750,000 $298,000 $1,455,000 $89,000 $528,000
Collateral 88 $17,510,000 $198,000 $795,000 $203,000 $1,100,000
Credit Application Incomplete 87 $16,865,000 $193,000 $785,000 $186,000 $1,800,000
Credit History 71 $17,195,000 $242,000 $695,000 $131,000 $300,000
Insufficient Cash (Downpayment, Closing Cost) 14 $4,070,000 $290,000 $865,000 $138,000 $313,000
Other 12 $1,800,000 $150,000 $345,000 $85,000 $201,000
Unverifiable Information 6 $2,580,000 $430,000 $1,675,000 $461,000 $1,874,000
Employment History 4 $610,000 $152,000 $245,000 $206,000 $300,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Hanscom Federal Credit Union's 2021 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 Hanscom 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.
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