Leaders In 12-Month First Mortgage Origination Growth

Which credit unions lead the industry in mortgage production growth? Find out in this Callahan & Associates leader table.

 
 

Credit unions expanded first mortgages 10.3% to the highest recorded balance of  $326.9 billion in December 2015. First mortgage originations accounted for 30.6% of total loans originated in 2015, adding more than $125.8 billion to the loan portfolio throughout the year.

Credit unions sold 38.8% of first mortgage loans originated to the secondary market in 2015. That's a 5.4-percentage-point increase from 33.4% in December 2014.

LEADERS IN 12-MONTH FIRST MORTGAGE ORIGINATION GROWTH
For all U.S. credit unions* | Data as of 12.31.15
© Callahan & Associates | www.creditunions.com

  Credit Union State 12-MO Growth In First
Mortgages Outstanding
First Mortgages
Outstanding
First Mortgages/
Total Loans
Past 12 Months Of
First Mtg. Originations
Total Assets
1 LA Financial CA 349.22% $124,452,612 56.75% $55,486,573 $363,023,332
2 DVA DC 343.70% $21,338,779 38.82% $7,876,728 $107,912,806
3 Miramar CA 343.12% $64,025,142 79.24% $30,194,597 $172,439,235
4 California State & Federal Employees #20 CA 331.67% $15,850,392 65.65% $3,680,000 $127,539,839
5 Saginaw Medical MI 325.16% $15,745,978 28.51% $10,042,489 $125,689,419
6 Excel GA 323.38% $28,847,686 45.43% $10,794,158 $96,734,295
7 Red River OK 318.84% $5,011,083 11.14% $1,013,594 $76,676,186
8 Columbine CO 318.28% $9,703,709 27.02% $3,473,918 $55,516,971
9 Community Financial MO 317.05% $7,164,189 20.13% $4,683,575 $62,190,558
10 Dade County FL 314.50% $49,953,310 14.73% $21,621,270 $636,640,381

* For all U.S. credit unions with more than $20 million in assets, at least $1 in first mortgages outstanding five years ago and $5 million outstading this year, and at least $1 in first mortgage originations for each of the past three years. Excluding significant mergers.