Lending institutions must report all loans for home purchases, home improvements, and mortgage refinancing based on the Home Mortgage Disclosure Act (HMDA) of 1975. This indicator displays information derived from the 2014 HMDA loan-level data files.
| Report Area |
Total Population (2010) |
Number of Home Loans Originated |
Loans Originations, Approval Rate |
Loan Originations, Rate per 100,000 Population |
| Franklin County, PA |
149,618 |
2,900 |
53.18% |
193.83 |
| Pennsylvania |
12,702,379 |
220,260 |
52.45% |
173.4 |
| United States |
312,470,869 |
5,959,108 |
51.57% |
190.71 |
Note: This Indicator is compared with the state average. Green - Better than state average, Red - Worse than state average.
Data Source: Federal Financial Institutions Examination Council, Home Mortgage Disclosure Act . Additional data analysis by CARES, 2014.
Home Purchase Loan Originations by Loan Type
This indicator reports the total number of home purchase loan originations by loan type. Types reported in the HMDA flat files include: Loans insured by the Federal Housing Administration (FHA loans); Loans insured by the Veterans Administration (VA loans); Farm Service Agency / Rural Housing Service loans (FHS/RHS); and Conventional loans (any loan other than FHA, VA, FSA, or RHS).
| Report Area |
Total Conventional Loans |
Total FHA Loans |
Total VA Loans |
Total FSA/RHA Loans |
| Franklin County, PA |
2,138 |
278 |
224 |
260 |
| Pennsylvania |
176,792 |
27,660 |
10,555 |
5,253 |
| United States |
4,544,119 |
787,974 |
491,987 |
135,028 |
Home Purchase Loan Originations by Loan Amount
This indicator reports the total number and percentage of home purchase loan originations, grouped by loan amount.
| Report Area |
Under $60,000 |
Under $60,000 |
$60,000 - $119,999 |
$60,000 - $119,999 |
$120,000 - $199,999 |
$120,000 - $199,999 |
$200,000 or More |
$200,000 or More |
| Franklin County, PA |
68 |
4.97% |
371 |
27.14% |
645 |
47.18% |
283 |
20.7% |
| Pennsylvania |
8,761 |
7.95% |
26,979 |
24.74% |
35,392 |
32.45% |
38,019 |
34.86% |
| United States |
203,473 |
6.28% |
618,748 |
19.1% |
966,072 |
29.82% |
1,451,453 |
44.8% |
Home Purchase Loan Originations by Race/Ethnicity
This indicator reports the total number and percentage of home purchase loan originations, grouped by the primary applicant's race and ethnicity. Co-applicant race and ethnicity is not considered.
| Report Area |
Non-Hispanic White |
Non-Hispanic White |
Non-Hispanic Black |
Non-Hispanic Black |
Non-Hispanic Other |
Non-Hispanic Other |
Hispanic or Latino |
Hispanic or Latino |
| Franklin County, PA |
1,189 |
94.97% |
14 |
1.12% |
20 |
0.96% |
35 |
2.8% |
| Pennsylvania |
86,432 |
87.65% |
3,920 |
3.98% |
4,367 |
4.43% |
3,630 |
3.68% |
| United States |
2,250,318 |
77.28% |
155,681 |
5.35% |
204,727 |
7.03% |
289,036 |
9.93% |
Website Updated August 2016
Housing - Mortgage Lending
Data Background
The Home Mortgage Disclosure Act (HMDA) requires lending institutions to make annual public disclosures of their home mortgage and home improvement lending activity. Disclosures are publicly available not only at the institutions' own offices, and also online through the Federal Financial Institutions Examination Council website. Available HMDA data includes national and local aggregate reports, as well as loan-level data files from the universe of eligible depository and nondepository lending institutions nationwide. The HMDA loan-level flat files for 2014 consist of nearly 12 million records which contain quantitative and descriptive information about each loan and loan applicant, including the purpose of the loan and the action taken by the lending agency. More information is available through the FFEIC's Home Mortgage Disclosure Act web page.
Courtesy: Community Commons, <www.communitycommons.org>, August 2016
