Inova Federal Credit Union
Mortgage Loan Application
Totals and Details
for 2004
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 Inova 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 | Inova Federal Credit Union 358 S Elkhart Avenue Elkhart, IN 46516 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 | 1,124 |
| Total Mortgage Loan Application Amount | $83,558,000 |
| Average Mortgage Loan Application Amount | $131,205 |
| Highest Mortgage Loan Application Amount | $999,000 |
| Average Applicant Income | $124,948 |
| Highest Applicant Income | $1,340,000 |
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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Elkhart County Indiana | 332 | $ 16,166,000 | $ 48,000 | $ 40,000 |
| St. Joseph County Indiana | 212 | $ 11,205,000 | $ 52,000 | $ 48,000 |
| New Haven County Connecticut | 97 | $ 10,706,000 | $ 110,000 | $ 112,000 |
| LaPorte County Indiana | 92 | $ 3,927,000 | $ 42,000 | $ 48,000 |
| Cass County Michigan | 38 | $ 2,056,000 | $ 54,000 | $ 42,000 |
| Johnston County North Carolina | 36 | $ 1,633,000 | $ 45,000 | $ 50,000 |
| Contra Costa County California | 26 | $ 3,956,000 | $ 152,000 | $ 113,000 |
| Alameda County California | 25 | $ 4,014,000 | $ 160,000 | $ 99,000 |
| Wake County North Carolina | 21 | $ 2,601,000 | $ 123,000 | $ 91,000 |
| Fairfield County Connecticut | 17 | $ 1,747,000 | $ 102,000 | $ 116,000 |
| St. Joseph County Michigan | 7 | $ 273,000 | $ 39,000 | $ 62,000 |
| Westchester County New York | 7 | $ 1,435,000 | $ 205,000 | $ 110,000 |
| Wayne County North Carolina | 7 | $ 339,000 | $ 48,000 | $ 91,000 |
| Norfolk County Massachusetts | 6 | $ 395,000 | $ 65,000 | $ 100,000 |
| Dutchess County New York | 6 | $ 686,000 | $ 114,000 | $ 82,000 |
| Solano County California | 5 | $ 277,000 | $ 55,000 | $ 72,000 |
| Marshall County Indiana | 5 | $ 364,000 | $ 72,000 | $ 66,000 |
| Morris County New Jersey | 5 | $ 1,021,000 | $ 204,000 | $ 103,000 |
| Los Angeles County California | 4 | $ 230,000 | $ 57,000 | $ 61,000 |
| Middlesex County Connecticut | 4 | $ 237,000 | $ 59,000 | $ 53,000 |
| Berrien County Michigan | 4 | $ 85,000 | $ 21,000 | $ 57,000 |
| Lake County Indiana | 3 | $ 392,000 | $ 130,000 | $ 151,000 |
| Bristol County Massachusetts | 3 | $ 380,000 | $ 126,000 | $ 88,000 |
| Marin County California | 2 | $ 250,000 | $ 125,000 | $ 121,000 |
| San Bernardino County California | 2 | $ 129,000 | $ 64,000 | $ 97,000 |
| San Francisco County California | 2 | $ 300,000 | $ 150,000 | $ 105,000 |
| San Mateo County California | 2 | $ 167,000 | $ 83,000 | $ 140,000 |
| New London County Connecticut | 2 | $ 76,000 | $ 38,000 | $ 91,000 |
| DuPage County Illinois | 2 | $ 434,000 | $ 217,000 | $ 172,000 |
| Hamilton County Indiana | 2 | $ 27,000 | $ 13,000 | $ 82,000 |
| Porter County Indiana | 2 | $ 30,000 | $ 15,000 | $ 50,000 |
| Sedgwick County Kansas | 2 | $ 129,000 | $ 64,000 | $ 122,000 |
| Middlesex County Massachusetts | 2 | $ 290,000 | $ 145,000 | $ 62,000 |
| Bergen County New Jersey | 2 | $ 238,000 | $ 119,000 | $ 119,000 |
| Mercer County New Jersey | 2 | $ 152,000 | $ 76,000 | $ 73,000 |
| New York County New York | 2 | $ 900,000 | $ 450,000 | $ 119,000 |
| Orange County New York | 2 | $ 373,000 | $ 186,000 | $ 80,000 |
| Rockland County New York | 2 | $ 830,000 | $ 415,000 | $ 222,000 |
| Durham County North Carolina | 2 | $ 65,000 | $ 32,000 | $ 91,000 |
| Orange County North Carolina | 2 | $ 228,000 | $ 114,000 | $ 102,000 |
| Northampton County Pennsylvania | 2 | $ 270,000 | $ 135,000 | $ 110,000 |
| San Diego County California | 1 | $ 600,000 | $ 600,000 | $ 115,000 |
| Santa Clara County California | 1 | $ 160,000 | $ 160,000 | $ 163,000 |
| Litchfield County Connecticut | 1 | $ 32,000 | $ 32,000 | $ 69,000 |
| St. Clair County Illinois | 1 | $ 50,000 | $ 50,000 | $ 55,000 |
| Fulton County Indiana | 1 | $ 29,000 | $ 29,000 | $ 33,000 |
| Vigo County Indiana | 1 | $ 15,000 | $ 15,000 | $ 24,000 |
| Suffolk County Massachusetts | 1 | $ 234,000 | $ 234,000 | $ 71,000 |
| Worcester County Massachusetts | 1 | $ 60,000 | $ 60,000 | $ 45,000 |
| Clinton County Michigan | 1 | $ 217,000 | $ 217,000 | $ 87,000 |
| Eaton County Michigan | 1 | $ 38,000 | $ 38,000 | $ 49,000 |
| Clark County Nevada | 1 | $ 157,000 | $ 157,000 | $ 66,000 |
| Hudson County New Jersey | 1 | $ 30,000 | $ 30,000 | $ 130,000 |
| Ocean County New Jersey | 1 | $ 395,000 | $ 395,000 | $ 192,000 |
| Passaic County New Jersey | 1 | $ 15,000 | $ 15,000 | $ 49,000 |
| Suffolk County New York | 1 | $ 300,000 | $ 300,000 | $ 147,000 |
| Columbus County North Carolina | 1 | $ 115,000 | $ 115,000 | $ 53,000 |
| Guilford County North Carolina | 1 | $ 162,000 | $ 162,000 | $ 48,000 |
| Harnett County North Carolina | 1 | $ 42,000 | $ 42,000 | $ 31,000 |
| Onslow County North Carolina | 1 | $ 20,000 | $ 20,000 | $ 25,000 |
| Wilson County North Carolina | 1 | $ 116,000 | $ 116,000 | $ 58,000 |
| Pike County Pennsylvania | 1 | $ 264,000 | $ 264,000 | $ 1,340,000 |
| Bristol County Rhode Island | 1 | $ 45,000 | $ 45,000 | $ 94,000 |
| Providence County Rhode Island | 1 | $ 234,000 | $ 234,000 | $ 107,000 |
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 Inova Federal Credit Union in 2004
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 | 603 | $22,955,000 | $42,250 | $300,000 | $90,000 | $325,000 |
| Refinancing | 308 | $27,810,000 | $145,285 | $440,000 | $185,714 | $1,340,000 |
| Home Purchase | 213 | $32,793,000 | $198,153 | $999,000 | $91,769 | $302,000 |
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 | 975 | $67,501,000 | $115,538 | $999,000 | $92,000 | $519,000 |
| Asian | 50 | $7,328,000 | $179,285 | $600,000 | $123,285 | $220,000 |
| Black or African American | 49 | $3,147,000 | $103,142 | $383,000 | $78,714 | $168,000 |
| Hispanic | 38 | $4,074,000 | $144,571 | $600,000 | $253,571 | $1,340,000 |
| Not Provided | 6 | $1,253,000 | $238,666 | $408,000 | $85,666 | $144,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $203,000 | $45,333 | $125,000 | $85,333 | $132,000 |
| American Indian or Alaskan Native | 2 | $52,000 | $26,000 | $40,000 | $46,000 | $70,000 |
| 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) | 1,115 | $82,743,000 | $117,533 | $999,000 | $119,466 | $1,340,000 |
| FHA-insured (Federal Housing Administration) | 9 | $815,000 | $81,500 | $128,000 | $48,500 | $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 | 823 | $55,107,000 | $100,214 | $535,000 | $128,785 | $1,340,000 |
| Application Withdrawn By Applicant | 133 | $14,728,000 | $170,400 | $600,000 | $92,500 | $219,000 |
| Application Denied By Financial Institution | 130 | $9,645,000 | $104,625 | $999,000 | $69,625 | $134,000 |
| Application Approved But Not Accepted | 25 | $2,645,000 | $212,600 | $600,000 | $73,400 | $151,000 |
| File Closed For Incompleteness | 13 | $1,433,000 | $109,333 | $600,000 | $73,500 | $135,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 80 | $5,761,000 | $111,000 | $304,000 | $63,166 | $134,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 16 | $1,091,000 | $93,333 | $118,000 | $30,333 | $73,000 |
| Collateral | 14 | $715,000 | $71,000 | $122,000 | $87,000 | $126,000 |
| Other | 13 | $1,626,000 | $115,800 | $999,000 | $44,600 | $80,000 |
| Debt-To-Income Ratio | 7 | $452,000 | $69,000 | $118,000 | $49,250 | $111,000 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 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.