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| Location |
Hampden County MA
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 22,176 |
| Total Amount of All Mortgage Loans Applied For | $3,300,288,000 |
| Average Mortgage Loan Amount Applied For | $148,000 |
| Highest Mortgage Loan Amount Applied For | $2,500,000 |
| Average Applicant Income | $67,000 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
3,016 | $174,091,000 |
$57,000 | $2,000,000 |
$66,000 | $1,372,000 |
| Home Purchase |
7,083 | $1,157,793,000 |
$163,000 | $2,500,000 |
$64,000 | $3,078,000 |
| Refinancing |
12,077 | $1,968,404,000 |
$162,000 | $2,100,000 |
$68,000 | $9,999,000 |
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| American Indian or Alaskan Native |
63 | $8,472,000 |
$134,000 | $417,000 |
$60,000 | $144,000 |
| Asian |
287 | $48,586,000 |
$169,000 | $760,000 |
$75,000 | $1,332,000 |
| Black or African American |
1,411 | $177,201,000 |
$125,000 | $1,436,000 |
$55,000 | $450,000 |
| Hispanic |
2,355 | $284,801,000 |
$120,000 | $464,000 |
$53,000 | $600,000 |
| Native Hawaiin or Other Pacific Islander |
37 | $4,712,000 |
$127,000 | $265,000 |
$60,000 | $133,000 |
| Not applicable |
1,611 | $289,287,000 |
$179,000 | $1,700,000 |
$23,000 | $9,999,000 |
| Not Provided |
2,232 | $321,480,000 |
$144,000 | $2,500,000 |
$72,000 | $4,320,000 |
| White |
14,180 | $2,165,749,000 |
$152,000 | $2,100,000 |
$74,000 | $3,222,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
17,037 | $2,412,148,000 |
$141,000 | $2,500,000 |
$71,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
4,793 | $822,982,000 |
$171,000 | $415,000 |
$54,000 | $355,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
35 | $6,147,000 |
$175,000 | $360,000 |
$45,000 | $102,000 |
| VA-guaranteed (Veterans Administration) |
311 | $59,011,000 |
$189,000 | $417,000 |
$42,000 | $167,000 |
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| Application Approved But Not Accepted |
1,457 | $202,497,000 |
$138,000 | $1,576,000 |
$73,000 | $1,020,000 |
| Application Denied By Financial Institution |
5,555 | $743,649,000 |
$133,000 | $2,100,000 |
$65,000 | $4,320,000 |
| Application Withdrawn By Applicant |
1,958 | $314,032,000 |
$160,000 | $1,436,000 |
$71,000 | $1,736,000 |
| File Closed For Incompleteness |
496 | $78,823,000 |
$158,000 | $850,000 |
$75,000 | $1,200,000 |
| Loan Originated |
9,689 | $1,450,706,000 |
$149,000 | $2,500,000 |
$74,000 | $9,999,000 |
| Loan Purchased By The Institution |
3,016 | $509,620,000 |
$168,000 | $1,181,000 |
$37,000 | $1,436,000 |
| Preapproval Approved but not Accepted |
2 | $449,000 |
$224,000 | $350,000 |
$76,000 | $87,000 |
| Preapproval Denied by Financial Institution |
3 | $512,000 |
$170,000 | $236,000 |
$41,000 | $58,000 |
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| Collateral |
818 | $139,487,000 |
$170,000 | $2,100,000 |
$84,000 | $4,320,000 |
| Credit Application Incomplete |
182 | $27,600,000 |
$151,000 | $441,000 |
$89,000 | $1,500,000 |
| Credit History |
1,216 | $106,247,000 |
$87,000 | $533,000 |
$65,000 | $3,222,000 |
| Debt-To-Income Ratio |
780 | $95,766,000 |
$122,000 | $500,000 |
$46,000 | $945,000 |
| Employment History |
29 | $3,221,000 |
$111,000 | $289,000 |
$36,000 | $71,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
49 | $7,822,000 |
$159,000 | $410,000 |
$73,000 | $216,000 |
| Mortgage Insurance Denied |
18 | $2,850,000 |
$158,000 | $277,000 |
$63,000 | $151,000 |
| Other |
333 | $48,735,000 |
$146,000 | $1,472,000 |
$65,000 | $540,000 |
| Unverifiable Information |
110 | $18,648,000 |
$169,000 | $470,000 |
$93,000 | $1,736,000 |
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