Space Coast Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2007

Space Coast Credit Union 2007 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 Space Coast Credit Union
8045 N. Wickham Rd
Melbourne, FL 32940
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 1,028
Total Mortgage Loan Application Amount $180,587,000
Average Mortgage Loan Application Amount $174,500
Highest Mortgage Loan Application Amount $1,040,000
Average Applicant Income $71,000
Highest Applicant Income $2,768,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2007 with Space Coast 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 Space Coast Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.

Our HMDA dataset for 2007 breaks down Space Coast 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 Space Coast Credit Union serves its applicants.

Each category highlights the total number of mortgage applications processed by Space Coast 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 Space Coast Credit Union's mortgage activity for 2007.

Mortgage Loan Application Totals for Space Coast Credit Union by Metropolitan Area in 2007

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
PALM BAY-MELBOURNE-TITUSVILLE, FL 551 $ 99,405,000 $ 180,000 $ 71,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 313 $ 50,477,000 $ 161,000 $ 60,000
SEBASTIAN-VERO BEACH, FL 68 $ 12,889,000 $ 189,000 $ 124,000
PALM COAST, FL 37 $ 6,153,000 $ 166,000 $ 66,000
ORLANDO-KISSIMMEE, FL 23 $ 5,035,000 $ 218,000 $ 92,000
PORT ST. LUCIE, FL 6 $ 827,000 $ 137,000 $ 65,000
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 6 $ 1,453,000 $ 242,000 $ 72,000
JACKSONVILLE, FL 4 $ 563,000 $ 140,000 $ 59,000
OCALA, FL 4 $ 667,000 $ 166,000 $ 76,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 4 $ 849,000 $ 212,000 $ 77,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 3 $ 510,000 $ 170,000 $ 126,000
GAINESVILLE, FL 2 $ 323,000 $ 161,000 $ 31,000
CAPE CORAL-FORT MYERS, FL 1 $ 180,000 $ 180,000 $ 42,000
LAKELAND, FL 1 $ 125,000 $ 125,000 $ 35,000
MIAMI-MIAMI BEACH-KENDALL, FL 1 $ 189,000 $ 189,000 $ 64,000
SARASOTA-BRADENTON-VENICE, FL 1 $ 264,000 $ 264,000 $ 55,000

Mortgage Loan Application Detail Totals for Space Coast Credit Union in 2007

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 592 $106,032,000 $179,000 $930,000 $75,000 $2,768,000
Home Purchase 436 $74,555,000 $170,000 $1,040,000 $67,000 $528,000
Home Improvement 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 508 $91,065,000 $179,000 $930,000 $78,000 $2,768,000
Not Provided 339 $58,035,000 $171,000 $1,040,000 $68,000 $469,000
Black or African American 96 $16,754,000 $174,000 $900,000 $65,000 $528,000
Hispanic 69 $11,224,000 $162,000 $291,000 $52,000 $234,000
Asian 13 $3,098,000 $238,000 $580,000 $84,000 $168,000
Native Hawaiian or Other Pacific Islander 2 $254,000 $127,000 $150,000 $38,000 $42,000
American Indian or Alaskan Native 1 $157,000 $157,000 $157,000 $106,000 $106,000
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) 1,027 $180,435,000 $175,000 $1,040,000 $72,000 $2,768,000
VA-guaranteed (Veterans Administration) 1 $152,000 $152,000 $152,000 $67,000 $67,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
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
Application Approved But Not Accepted 724 $124,472,000 $171,000 $930,000 $76,000 $2,768,000
Application Denied By Financial Institution 304 $56,115,000 $184,000 $1,040,000 $62,000 $486,000
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Loan Originated 0 $0 $0 $0 $0 $0
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
Debt-To-Income Ratio 150 $29,083,000 $193,000 $612,000 $53,000 $176,000
Credit History 101 $16,808,000 $166,000 $850,000 $64,000 $404,000
Collateral 21 $4,211,000 $200,000 $437,000 $78,000 $200,000
Other 7 $975,000 $139,000 $191,000 $63,000 $103,000
Unverifiable Information 5 $2,173,000 $434,000 $1,040,000 $261,000 $486,000
Insufficient Cash (Downpayment, Closing Cost) 5 $746,000 $149,000 $244,000 $46,000 $80,000
Employment History 2 $226,000 $113,000 $133,000 $37,000 $39,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Space Coast Credit Union's 2007 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 Space Coast 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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