Inova Federal Credit Union
Mortgage Loan Application
Totals and Details
for 2013

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 1,498
Total Mortgage Loan Application Amount $180,458,000
Average Mortgage Loan Application Amount $92,000
Highest Mortgage Loan Application Amount $968,000
Average Applicant Income $68,000
Highest Applicant Income $990,000

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 Inova Federal Credit Union by Metropolitan Area in 2013

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
SOUTH BEND-MISHAWAKA, IN-MI 410 $ 45,733,000 $ 130,000 $ 81,000
ELKHART-GOSHEN, IN 383 $ 37,954,000 $ 99,000 $ 62,000
MICHIGAN CITY-LA PORTE, IN 89 $ 9,032,000 $ 101,000 $ 60,000
RALEIGH-CARY, NC 74 $ 9,225,000 $ 124,000 $ 80,000
OAKLAND-FREMONT-HAYWARD, CA 30 $ 8,706,000 $ 290,000 $ 123,000
NEW HAVEN-MILFORD, CT 15 $ 2,589,000 $ 172,000 $ 117,000
NILES-BENTON HARBOR, MI 14 $ 1,315,000 $ 93,000 $ 55,000
INDIANAPOLIS-CARMEL, IN 12 $ 1,464,000 $ 122,000 $ 69,000
NEWARK-UNION, NJ-PA 11 $ 2,715,000 $ 246,000 $ 142,000
GARY, IN 9 $ 989,000 $ 109,000 $ 48,000
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ 8 $ 1,598,000 $ 185,500 $ 84,500
LOS ANGELES-LONG BEACH-GLENDALE, CA 6 $ 1,357,000 $ 226,000 $ 76,000
BRIDGEPORT-STAMFORD-NORWALK, CT 4 $ 634,000 $ 158,000 $ 118,000
GOLDSBORO, NC 4 $ 384,000 $ 96,000 $ 64,000
HOUSTON-SUGAR LAND-BAYTOWN, TX 4 $ 499,000 $ 124,000 $ 124,000
NORTH PORT-BRADENTON-SARASOTA, FL 4 $ 853,000 $ 213,000 $ 203,000
CLEVELAND-ELYRIA-MENTOR, OH 3 $ 258,000 $ 86,000 $ 36,000
EDISON-NEW BRUNSWICK, NJ 3 $ 618,000 $ 206,000 $ 116,000
ORLANDO-KISSIMMEE-SANFORD, FL 3 $ 360,000 $ 120,000 $ 101,000
SAN DIEGO-CARLSBAD-SAN MARCOS, CA 3 $ 474,000 $ 158,000 $ 101,000
VALLEJO-FAIRFIELD, CA 3 $ 952,000 $ 317,000 $ 86,000
ANDERSON, IN 2 $ 125,000 $ 62,000 $ 34,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 2 $ 186,000 $ 93,000 $ 183,000
CAPE CORAL-FORT MYERS, FL 2 $ 142,000 $ 71,000 $ 18,000
CHARLESTON-NORTH CHARLESTON-SUMMERVILLE, SC 2 $ 322,000 $ 161,000 $ 102,000
DURHAM-CHAPEL HILL, NC 2 $ 370,000 $ 185,000 $ 51,000
FORT WAYNE, IN 2 $ 213,000 $ 106,000 $ 66,000
FORT WORTH-ARLINGTON, TX 2 $ 263,000 $ 131,000 $ 138,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 2 $ 397,000 $ 198,000 $ 252,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 2 $ 611,000 $ 305,000 $ 125,000
ROCKY MOUNT, NC 2 $ 196,000 $ 98,000 $ 62,000
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 2 $ 653,000 $ 326,000 $ 271,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 2 $ 628,000 $ 314,000 $ 142,000
TERRE HAUTE, IN 2 $ 243,000 $ 121,000 $ 78,000
WARREN-TROY-FARMINGTON HILLS, MI 2 $ 563,000 $ 281,000 $ 257,000
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 2 $ 484,000 $ 242,000 $ 44,000
AKRON, OH 1 $ 85,000 $ 85,000 $ 50,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 1 $ 282,000 $ 282,000 $ 99,000
ANN ARBOR, MI 1 $ 135,000 $ 135,000 $ 195,000
AUGUSTA-RICHMOND COUNTY, GA-SC 1 $ 107,000 $ 107,000 $ 77,000
AUSTIN-ROUND ROCK-SAN MARCOS, TX 1 $ 244,000 $ 244,000 $ 76,000
BATTLE CREEK, MI 1 $ 175,000 $ 175,000 $ 82,000
BETHESDA-ROCKVILLE-FREDERICK, MD 1 $ 331,000 $ 331,000 $ 169,000
BOSTON-QUINCY, MA 1 $ 30,000 $ 30,000 $ 82,000
BROWNSVILLE-HARLINGEN, TX 1 $ 153,000 $ 153,000 $ 50,000
CANTON-MASSILLON, OH 1 $ 96,000 $ 96,000 $ 873,000
CHICAGO-JOLIET-NAPERVILLE, IL 1 $ 105,000 $ 105,000 $ 101,000
CINCINNATI-MIDDLETOWN, OH-KY-IN 1 $ 199,000 $ 199,000 $ 83,000
COLUMBUS, OH 1 $ 60,000 $ 60,000 $ 44,000
DAYTON, OH 1 $ 207,000 $ 207,000 $ 75,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 1 $ 95,000 $ 95,000 $ 75,000
KALAMAZOO-PORTAGE, MI 1 $ 46,000 $ 46,000 $ 29,000
LAFAYETTE, IN 1 $ 60,000 $ 60,000 $ 56,000
MUNCIE, IN 1 $ 284,000 $ 284,000 $ 58,000
NAPLES-MARCO ISLAND, FL 1 $ 196,000 $ 196,000 $ 79,000
NASSAU-SUFFOLK, NY 1 $ 236,000 $ 236,000 $ 80,000
OCALA, FL 1 $ 75,000 $ 75,000 $ 46,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 1 $ 42,000 $ 42,000 $ 39,000
PENSACOLA-FERRY PASS-BRENT, FL 1 $ 108,000 $ 108,000 $ 70,000
PHOENIX-MESA-GLENDALE, AZ 1 $ 40,000 $ 40,000 $ 45,000
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA 1 $ 108,000 $ 108,000 $ 74,000
PUNTA GORDA, FL 1 $ 128,000 $ 128,000 $ 76,000
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA 1 $ 75,000 $ 75,000 $ 73,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 1 $ 92,000 $ 92,000 $ 47,000
STEUBENVILLE-WEIRTON, OH-WV 1 $ 44,000 $ 44,000 $ 88,000
STOCKTON, CA 1 $ 184,000 $ 184,000 $ 64,000
SYRACUSE, NY 1 $ 15,000 $ 15,000 $ 43,000
TALLAHASSEE, FL 1 $ 403,000 $ 403,000 $ 113,000
TEXARKANA, TX-TEXARKANA, AR 1 $ 65,000 $ 65,000 $ 241,000
VICTORIA, TX 1 $ 45,000 $ 45,000 $ 40,000
WHEELING, WV-OH 1 $ 20,000 $ 20,000 $ 13,000

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 2013

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 1,000 $120,450,000 $120,000 $968,000 $75,000 $990,000
Home Purchase 451 $58,774,000 $130,000 $626,000 $65,000 $674,000
Home Improvement 47 $1,234,000 $26,000 $65,000 $64,000 $238,000

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 1,249 $149,349,000 $119,000 $968,000 $73,000 $990,000
Not Provided 73 $9,494,000 $130,000 $567,000 $63,000 $220,000
Hispanic 67 $6,534,000 $97,000 $500,000 $48,000 $168,000
Black or African American 62 $6,047,000 $97,000 $359,000 $62,000 $179,000
Asian 37 $7,981,000 $215,000 $626,000 $118,000 $602,000
American Indian or Alaskan Native 6 $742,000 $123,000 $194,000 $57,000 $65,000
Native Hawaiian or Other Pacific Islander 4 $311,000 $77,000 $89,000 $50,000 $66,000
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) 1,398 $171,381,000 $122,000 $968,000 $74,000 $990,000
FHA-insured (Federal Housing Administration) 100 $9,077,000 $90,000 $206,000 $46,000 $116,000
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 636 $79,169,000 $124,000 $968,000 $74,000 $602,000
Application Withdrawn By Applicant 266 $31,122,000 $117,000 $567,000 $78,000 $604,000
Application Denied By Financial Institution 217 $22,237,000 $102,000 $474,000 $57,000 $300,000
File Closed For Incompleteness 183 $23,579,000 $128,000 $620,000 $85,000 $990,000
Preapproval Denied by Financial Institution 108 $10,091,000 $93,000 $400,000 $46,000 $175,000
Preapproval Approved but not Accepted 71 $11,844,000 $166,000 $626,000 $72,000 $217,000
Application Approved But Not Accepted 17 $2,416,000 $142,000 $338,000 $113,000 $674,000
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 189 $16,823,000 $89,000 $400,000 $54,000 $241,000
Debt-To-Income Ratio 58 $7,596,000 $130,000 $417,000 $49,000 $150,000
Collateral 25 $2,731,000 $109,000 $474,000 $62,000 $300,000
Employment History 18 $1,877,000 $104,000 $205,000 $46,000 $103,000
Other 11 $574,000 $52,000 $140,000 $59,000 $110,000
Mortgage Insurance Denied 2 $164,000 $82,000 $120,000 $48,000 $61,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 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