Inova Federal Credit Union
Mortgage Loan Application
Totals and Details
for 2017
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 | 663 |
| Total Mortgage Loan Application Amount | $66,104,000 |
| Average Mortgage Loan Application Amount | $93,000 |
| Highest Mortgage Loan Application Amount | $657,000 |
| Average Applicant Income | $75,666 |
| Highest Applicant Income | $588,000 |
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 | 193 | $ 16,148,000 | $ 83,000 | $ 63,000 |
| St. Joseph County Indiana | 189 | $ 16,203,000 | $ 85,000 | $ 76,000 |
| Cass County Michigan | 38 | $ 4,229,000 | $ 111,000 | $ 75,000 |
| LaPorte County Indiana | 29 | $ 1,887,000 | $ 65,000 | $ 55,000 |
| Contra Costa County California | 9 | $ 1,743,000 | $ 193,000 | $ 151,000 |
| Porter County Indiana | 7 | $ 559,000 | $ 79,000 | $ 86,000 |
| Johnston County North Carolina | 7 | $ 765,000 | $ 109,000 | $ 102,000 |
| Alameda County California | 6 | $ 1,296,000 | $ 216,000 | $ 127,000 |
| Solano County California | 5 | $ 320,000 | $ 64,000 | $ 141,000 |
| Kosciusko County Indiana | 5 | $ 293,000 | $ 58,000 | $ 39,000 |
| Sarasota County Florida | 4 | $ 557,000 | $ 139,000 | $ 153,000 |
| St. Joseph County Michigan | 4 | $ 365,000 | $ 91,000 | $ 116,000 |
| Palm Beach County Florida | 3 | $ 488,000 | $ 162,000 | $ 59,000 |
| Berrien County Michigan | 3 | $ 234,000 | $ 78,000 | $ 85,000 |
| Wake County North Carolina | 3 | $ 469,000 | $ 156,000 | $ 154,000 |
| New Haven County Connecticut | 2 | $ 369,000 | $ 184,000 | $ 125,000 |
| Broward County Florida | 2 | $ 155,000 | $ 77,000 | $ 177,000 |
| Orange County Florida | 2 | $ 249,000 | $ 124,000 | $ 97,000 |
| Volusia County Florida | 2 | $ 282,000 | $ 141,000 | $ 83,000 |
| DuPage County Illinois | 2 | $ 288,000 | $ 144,000 | $ 135,000 |
| Allen County Indiana | 2 | $ 70,000 | $ 35,000 | $ 21,000 |
| Hamilton County Indiana | 2 | $ 303,000 | $ 151,000 | $ 147,000 |
| LaGrange County Indiana | 2 | $ 434,000 | $ 217,000 | $ 96,000 |
| Marion County Indiana | 2 | $ 261,000 | $ 130,000 | $ 69,000 |
| Van Buren County Michigan | 2 | $ 200,000 | $ 100,000 | $ 73,000 |
| Bergen County New Jersey | 2 | $ 500,000 | $ 250,000 | $ 245,000 |
| Sussex County New Jersey | 2 | $ 159,000 | $ 79,000 | $ 100,000 |
| Craven County North Carolina | 2 | $ 140,000 | $ 70,000 | $ 39,000 |
| Walker County Alabama | 1 | $ 35,000 | $ 35,000 | $ 32,000 |
| Maricopa County Arizona | 1 | $ 216,000 | $ 216,000 | $ 56,000 |
| Mohave County Arizona | 1 | $ 100,000 | $ 100,000 | $ 53,000 |
| Kern County California | 1 | $ 45,000 | $ 45,000 | $ 138,000 |
| Lassen County California | 1 | $ 20,000 | $ 20,000 | $ 97,000 |
| San Diego County California | 1 | $ 500,000 | $ 500,000 | $ 132,000 |
| Lee County Florida | 1 | $ 31,000 | $ 31,000 | $ 46,000 |
| Miami-Dade County Florida | 1 | $ 320,000 | $ 320,000 | $ 151,000 |
| St. Lucie County Florida | 1 | $ 19,000 | $ 19,000 | $ 47,000 |
| Carroll County Georgia | 1 | $ 117,000 | $ 117,000 | $ 223,000 |
| Cobb County Georgia | 1 | $ 265,000 | $ 265,000 | $ 125,000 |
| Lake County Illinois | 1 | $ 93,000 | $ 93,000 | $ 51,000 |
| Huntington County Indiana | 1 | $ 60,000 | $ 60,000 | $ 74,000 |
| Jackson County Indiana | 1 | $ 30,000 | $ 30,000 | $ 96,000 |
| Marshall County Indiana | 1 | $ 106,000 | $ 106,000 | $ 43,000 |
| Randolph County Indiana | 1 | $ 50,000 | $ 50,000 | $ 48,000 |
| Ripley County Indiana | 1 | $ 72,000 | $ 72,000 | $ 51,000 |
| Vigo County Indiana | 1 | $ 10,000 | $ 10,000 | $ 96,000 |
| Wabash County Indiana | 1 | $ 193,000 | $ 193,000 | $ 99,000 |
| Norfolk County Massachusetts | 1 | $ 206,000 | $ 206,000 | $ 38,000 |
| Mason County Michigan | 1 | $ 40,000 | $ 40,000 | $ 95,000 |
| Holmes County Mississippi | 1 | $ 20,000 | $ 20,000 | $ 46,000 |
| Christian County Missouri | 1 | $ 90,000 | $ 90,000 | $ 52,000 |
| Clark County Nevada | 1 | $ 399,000 | $ 399,000 | $ 169,000 |
| Nye County Nevada | 1 | $ 10,000 | $ 10,000 | $ 45,000 |
| Hunterdon County New Jersey | 1 | $ 352,000 | $ 352,000 | $ 225,000 |
| Morris County New Jersey | 1 | $ 99,000 | $ 99,000 | $ 219,000 |
| Ocean County New Jersey | 1 | $ 50,000 | $ 50,000 | $ 142,000 |
| Somerset County New Jersey | 1 | $ 80,000 | $ 80,000 | $ 101,000 |
| Union County New Jersey | 1 | $ 31,000 | $ 31,000 | $ 15,000 |
| Colfax County New Mexico | 1 | $ 96,000 | $ 96,000 | $ 65,000 |
| Kings County New York | 1 | $ 375,000 | $ 375,000 | $ 125,000 |
| Westchester County New York | 1 | $ 375,000 | $ 375,000 | $ 119,000 |
| Catawba County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 93,000 |
| Chatham County North Carolina | 1 | $ 148,000 | $ 148,000 | $ 119,000 |
| Durham County North Carolina | 1 | $ 25,000 | $ 25,000 | $ 34,000 |
| Iredell County North Carolina | 1 | $ 568,000 | $ 568,000 | $ 210,000 |
| Lincoln County North Carolina | 1 | $ 172,000 | $ 172,000 | $ 60,000 |
| Watauga County North Carolina | 1 | $ 93,000 | $ 93,000 | $ 219,000 |
| Wayne County North Carolina | 1 | $ 55,000 | $ 55,000 | $ 40,000 |
| Schuylkill County Pennsylvania | 1 | $ 130,000 | $ 130,000 | $ 46,000 |
| Cherokee County South Carolina | 1 | $ 89,000 | $ 89,000 | $ 40,000 |
| Horry County South Carolina | 1 | $ 146,000 | $ 146,000 | $ 41,000 |
| Coffee County Tennessee | 1 | $ 20,000 | $ 20,000 | $ 12,000 |
| El Paso County Texas | 1 | $ 112,000 | $ 112,000 | $ 210,000 |
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 2017
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 | 265 | $35,937,000 | $135,000 | $657,000 | $74,000 | $400,000 |
| Refinancing | 221 | $22,659,000 | $102,000 | $500,000 | $71,000 | $588,000 |
| Home Improvement | 177 | $7,508,000 | $42,000 | $250,000 | $82,000 | $294,000 |
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 | 542 | $52,187,000 | $96,000 | $600,000 | $75,000 | $588,000 |
| Black or African American | 37 | $4,539,000 | $122,000 | $650,000 | $55,000 | $150,000 |
| Hispanic | 31 | $3,956,000 | $127,000 | $657,000 | $63,000 | $276,000 |
| Not Provided | 30 | $1,907,000 | $63,000 | $250,000 | $78,000 | $375,000 |
| Asian | 19 | $2,979,000 | $156,000 | $490,000 | $132,000 | $358,000 |
| American Indian or Alaskan Native | 3 | $376,000 | $125,000 | $200,000 | $33,000 | $51,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $160,000 | $160,000 | $160,000 | $107,000 | $107,000 |
| 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) | 615 | $60,871,000 | $98,000 | $657,000 | $77,000 | $588,000 |
| FHA-insured (Federal Housing Administration) | 44 | $4,543,000 | $103,000 | $198,000 | $52,000 | $108,000 |
| VA-guaranteed (Veterans Administration) | 4 | $690,000 | $172,000 | $184,000 | $73,000 | $99,000 |
| 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 | 397 | $40,690,000 | $102,000 | $568,000 | $81,000 | $588,000 |
| Application Withdrawn By Applicant | 82 | $6,625,000 | $80,000 | $260,000 | $74,000 | $197,000 |
| Application Denied By Financial Institution | 60 | $3,956,000 | $65,000 | $393,000 | $54,000 | $210,000 |
| Preapproval Denied by Financial Institution | 46 | $5,705,000 | $124,000 | $657,000 | $59,000 | $400,000 |
| Preapproval Approved but not Accepted | 41 | $5,175,000 | $126,000 | $380,000 | $68,000 | $375,000 |
| Application Approved But Not Accepted | 34 | $3,510,000 | $103,000 | $600,000 | $71,000 | $358,000 |
| File Closed For Incompleteness | 3 | $443,000 | $147,000 | $260,000 | $116,000 | $234,000 |
| 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 | 55 | $3,982,000 | $72,000 | $250,000 | $57,000 | $210,000 |
| Debt-To-Income Ratio | 26 | $3,343,000 | $128,000 | $657,000 | $43,000 | $150,000 |
| Other | 9 | $609,000 | $67,000 | $240,000 | $91,000 | $400,000 |
| Employment History | 2 | $106,000 | $53,000 | $79,000 | $64,000 | $75,000 |
| Collateral | 1 | $5,000 | $5,000 | $5,000 | $33,000 | $33,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 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.