Inova Federal Credit Union
Mortgage Loan Application
Totals and Details
for 2015
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 | 787 |
| Total Mortgage Loan Application Amount | $90,832,000 |
| Average Mortgage Loan Application Amount | $92,666 |
| Highest Mortgage Loan Application Amount | $880,000 |
| Average Applicant Income | $90,666 |
| Highest Applicant Income | $1,458,000 |
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 | 227 | $ 21,121,000 | $ 93,000 | $ 58,000 |
| St. Joseph County Indiana | 155 | $ 16,633,000 | $ 107,000 | $ 62,000 |
| LaPorte County Indiana | 24 | $ 1,997,000 | $ 83,000 | $ 55,000 |
| Cass County Michigan | 22 | $ 3,336,000 | $ 151,000 | $ 112,000 |
| Johnston County North Carolina | 13 | $ 1,865,000 | $ 143,000 | $ 91,000 |
| Wake County North Carolina | 6 | $ 1,187,000 | $ 197,000 | $ 111,000 |
| Contra Costa County California | 5 | $ 1,394,000 | $ 278,000 | $ 119,000 |
| St. Joseph County Michigan | 5 | $ 540,000 | $ 108,000 | $ 69,000 |
| Alameda County California | 4 | $ 739,000 | $ 184,000 | $ 107,000 |
| Berrien County Michigan | 4 | $ 405,000 | $ 101,000 | $ 55,000 |
| Fairfield County Connecticut | 3 | $ 1,058,000 | $ 352,000 | $ 199,000 |
| Kosciusko County Indiana | 3 | $ 181,000 | $ 60,000 | $ 72,000 |
| Lake County Indiana | 3 | $ 419,000 | $ 139,000 | $ 83,000 |
| New Haven County Connecticut | 2 | $ 135,000 | $ 67,000 | $ 49,000 |
| Charlotte County Florida | 2 | $ 187,000 | $ 93,000 | $ 36,000 |
| Boone County Indiana | 2 | $ 185,000 | $ 92,000 | $ 61,000 |
| Marion County Indiana | 2 | $ 174,000 | $ 87,000 | $ 63,000 |
| Warren County New Jersey | 2 | $ 560,000 | $ 280,000 | $ 103,000 |
| Rockland County New York | 2 | $ 417,000 | $ 208,000 | $ 150,000 |
| Harnett County North Carolina | 2 | $ 399,000 | $ 199,000 | $ 55,000 |
| Hamilton County Ohio | 2 | $ 76,000 | $ 38,000 | $ 52,000 |
| Limestone County Alabama | 1 | $ 125,000 | $ 125,000 | $ 59,000 |
| Madison County Alabama | 1 | $ 118,000 | $ 118,000 | $ 47,000 |
| Talladega County Alabama | 1 | $ 72,000 | $ 72,000 | $ 36,000 |
| Pinal County Arizona | 1 | $ 48,000 | $ 48,000 | $ 38,000 |
| Washington County Arkansas | 1 | $ 264,000 | $ 264,000 | $ 141,000 |
| El Dorado County California | 1 | $ 330,000 | $ 330,000 | $ 210,000 |
| Los Angeles County California | 1 | $ 206,000 | $ 206,000 | $ 41,000 |
| Marin County California | 1 | $ 548,000 | $ 548,000 | $ 209,000 |
| Napa County California | 1 | $ 220,000 | $ 220,000 | $ 140,000 |
| Litchfield County Connecticut | 1 | $ 175,000 | $ 175,000 | $ 105,000 |
| Collier County Florida | 1 | $ 379,000 | $ 379,000 | $ 220,000 |
| Indian River County Florida | 1 | $ 105,000 | $ 105,000 | $ 53,000 |
| Marion County Florida | 1 | $ 110,000 | $ 110,000 | $ 51,000 |
| Osceola County Florida | 1 | $ 127,000 | $ 127,000 | $ 29,000 |
| Palm Beach County Florida | 1 | $ 218,000 | $ 218,000 | $ 73,000 |
| Seminole County Florida | 1 | $ 188,000 | $ 188,000 | $ 117,000 |
| Cook County Illinois | 1 | $ 375,000 | $ 375,000 | $ 120,000 |
| Pulaski County Illinois | 1 | $ 43,000 | $ 43,000 | $ 72,000 |
| Allen County Indiana | 1 | $ 137,000 | $ 137,000 | $ 82,000 |
| Greene County Indiana | 1 | $ 80,000 | $ 80,000 | $ 47,000 |
| Johnson County Indiana | 1 | $ 200,000 | $ 200,000 | $ 188,000 |
| LaGrange County Indiana | 1 | $ 146,000 | $ 146,000 | $ 140,000 |
| Marshall County Indiana | 1 | $ 20,000 | $ 20,000 | $ 16,000 |
| Miami County Indiana | 1 | $ 109,000 | $ 109,000 | $ 64,000 |
| Monroe County Indiana | 1 | $ 77,000 | $ 77,000 | $ 94,000 |
| Porter County Indiana | 1 | $ 156,000 | $ 156,000 | $ 72,000 |
| Tippecanoe County Indiana | 1 | $ 95,000 | $ 95,000 | $ 56,000 |
| Jefferson County Kentucky | 1 | $ 52,000 | $ 52,000 | $ 83,000 |
| Calvert County Maryland | 1 | $ 124,000 | $ 124,000 | $ 63,000 |
| Norfolk County Massachusetts | 1 | $ 144,000 | $ 144,000 | $ 193,000 |
| Lake County Michigan | 1 | $ 54,000 | $ 54,000 | $ 34,000 |
| Van Buren County Michigan | 1 | $ 90,000 | $ 90,000 | $ 80,000 |
| Anoka County Minnesota | 1 | $ 150,000 | $ 150,000 | $ 50,000 |
| Greene County Missouri | 1 | $ 128,000 | $ 128,000 | $ 98,000 |
| Cheshire County New Hampshire | 1 | $ 34,000 | $ 34,000 | $ 53,000 |
| Bergen County New Jersey | 1 | $ 362,000 | $ 362,000 | $ 125,000 |
| Morris County New Jersey | 1 | $ 310,000 | $ 310,000 | $ 381,000 |
| Dutchess County New York | 1 | $ 160,000 | $ 160,000 | $ 101,000 |
| Oswego County New York | 1 | $ 65,000 | $ 65,000 | $ 44,000 |
| Westchester County New York | 1 | $ 614,000 | $ 614,000 | $ 165,000 |
| Butler County Ohio | 1 | $ 144,000 | $ 144,000 | $ 173,000 |
| Cuyahoga County Ohio | 1 | $ 54,000 | $ 54,000 | $ 53,000 |
| Dorchester County South Carolina | 1 | $ 300,000 | $ 300,000 | $ 97,000 |
| Georgetown County South Carolina | 1 | $ 40,000 | $ 40,000 | $ 65,000 |
| Horry County South Carolina | 1 | $ 182,000 | $ 182,000 | $ 38,000 |
| Gibson County Tennessee | 1 | $ 65,000 | $ 65,000 | $ 34,000 |
| Montgomery County Tennessee | 1 | $ 185,000 | $ 185,000 | $ 74,000 |
| Aransas County Texas | 1 | $ 136,000 | $ 136,000 | $ 82,000 |
| Harris County Texas | 1 | $ 27,000 | $ 27,000 | $ 75,000 |
| Parmer County Texas | 1 | $ 78,000 | $ 78,000 | $ 51,000 |
| Tarrant County Texas | 1 | $ 186,000 | $ 186,000 | $ 116,000 |
| Wilson County Texas | 1 | $ 72,000 | $ 72,000 | $ 125,000 |
| Stafford County Virginia | 1 | $ 312,000 | $ 312,000 | $ 108,000 |
| Laramie County Wyoming | 1 | $ 200,000 | $ 200,000 | $ 90,000 |
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 2015
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 | 398 | $40,856,000 | $102,000 | $614,000 | $68,000 | $587,000 |
| Home Purchase | 355 | $48,599,000 | $136,000 | $880,000 | $68,000 | $637,000 |
| Home Improvement | 34 | $1,377,000 | $40,000 | $200,000 | $136,000 | $1,458,000 |
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 | 661 | $74,674,000 | $112,000 | $880,000 | $67,000 | $637,000 |
| Black or African American | 49 | $4,529,000 | $92,000 | $307,000 | $74,000 | $960,000 |
| Hispanic | 41 | $4,680,000 | $114,000 | $300,000 | $61,000 | $168,000 |
| Asian | 23 | $4,487,000 | $195,000 | $395,000 | $99,000 | $360,000 |
| Not Provided | 10 | $1,891,000 | $189,000 | $750,000 | $251,000 | $1,458,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $571,000 | $190,000 | $220,000 | $83,000 | $140,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 726 | $84,278,000 | $116,000 | $880,000 | $72,000 | $1,458,000 |
| FHA-insured (Federal Housing Administration) | 53 | $5,323,000 | $100,000 | $236,000 | $48,000 | $102,000 |
| VA-guaranteed (Veterans Administration) | 8 | $1,231,000 | $153,000 | $243,000 | $65,000 | $94,000 |
| 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 | 351 | $38,830,000 | $110,000 | $850,000 | $69,000 | $471,000 |
| Application Denied By Financial Institution | 116 | $12,188,000 | $105,000 | $548,000 | $80,000 | $1,458,000 |
| Application Withdrawn By Applicant | 96 | $10,023,000 | $104,000 | $358,000 | $76,000 | $587,000 |
| Preapproval Denied by Financial Institution | 87 | $9,329,000 | $107,000 | $380,000 | $49,000 | $125,000 |
| File Closed For Incompleteness | 72 | $10,055,000 | $139,000 | $750,000 | $79,000 | $360,000 |
| Preapproval Approved but not Accepted | 35 | $6,329,000 | $180,000 | $880,000 | $87,000 | $637,000 |
| Application Approved But Not Accepted | 30 | $4,078,000 | $135,000 | $416,000 | $61,000 | $210,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 115 | $11,789,000 | $102,000 | $380,000 | $66,000 | $960,000 |
| Debt-To-Income Ratio | 41 | $4,498,000 | $109,000 | $280,000 | $41,000 | $105,000 |
| Other | 8 | $902,000 | $112,000 | $228,000 | $264,000 | $1,458,000 |
| Collateral | 6 | $328,000 | $54,000 | $91,000 | $46,000 | $57,000 |
| Employment History | 2 | $619,000 | $309,000 | $548,000 | $127,000 | $209,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $49,000 | $49,000 | $49,000 | $58,000 | $58,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 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.