Hartford County, CT Mortgage Lenders & HMDA Data, 2017

In 2017, lenders reported 32,242 mortgage applications in Hartford County, CT totaling $6.6 billion, down 12% from 2016. The average application was for $204,000, and applicants reported an average income of $89,000. 52% of applications resulted in an originated loan and 14% were denied. The most active lender was Wells Fargo Bank NA, with 1,773 applications, followed by Webster Bank, N.A. and American Eagle FCU.

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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 32,242
Total Mortgage Loan Application Amount $6,604,132,000
Average Mortgage Loan Application Amount $204,000
Highest Mortgage Loan Application Amount $42,965,000
Average Applicant Income $89,000
Highest Applicant Income $5,000,000
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Top Mortgage Lenders in Hartford County, CT (2017)

Ranked by the number of mortgage applications each lender reported in Hartford County, CT in 2017.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Wells Fargo Bank NA
Minneapolis, MN
1,773 $368,212,000 $207,000 $92,000
2 Webster Bank, N.A.
Stamford, CT
1,223 $207,721,000 $169,000 $98,000
3 American Eagle FCU
East Hartford, CT
1,048 $162,352,000 $154,000 $114,000
4 Nationstar Mortgage
Coppell, TX
976 $171,020,000 $175,000 $50,000
5 First World Mortgage Corporaton
West Hartford, CT
922 $147,816,000 $160,000 $75,000
6 Freedom Mortgage Corporation
Boca Raton, FL
797 $152,279,000 $191,000 $37,000
7 loanDepot.com LLC
Irvine, CA
777 $151,406,000 $194,000 $95,000
8 JPMorgan Chase Bank, NA
Columbus, OH
726 $167,223,000 $230,000 $116,000
9 Farmington Bank
Farmington, CT
724 $166,763,000 $230,000 $111,000
10 United Bank
Hartford, CT
703 $156,468,000 $222,000 $104,000

See every lender active in Hartford County, CT in 2017 »

The tables below break down 2017 mortgage applications in Hartford County, CT by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Hartford County, CT in 2017

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
Home Purchase 17,588 $3,944,785,000 $224,000 $29,552,000 $87,000 $3,990,000
Refinancing 12,046 $2,418,951,000 $200,000 $42,965,000 $89,000 $5,000,000
Home Improvement 2,608 $240,396,000 $92,000 $13,500,000 $106,000 $1,927,000

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 18,078 $3,496,953,000 $193,000 $2,316,000 $104,000 $5,000,000
Not Provided 3,510 $636,159,000 $181,000 $1,575,000 $101,000 $1,764,000
Not applicable 3,383 $1,216,819,000 $359,000 $42,965,000 $13,000 $471,000
Black or African American 2,805 $449,398,000 $160,000 $1,550,000 $71,000 $1,359,000
Hispanic 2,715 $412,381,000 $151,000 $1,160,000 $71,000 $2,654,000
Asian 1,584 $361,229,000 $228,000 $900,000 $115,000 $1,260,000
American Indian or Alaskan Native 99 $17,883,000 $180,000 $560,000 $99,000 $430,000
Native Hawaiian or Other Pacific Islander 68 $13,310,000 $195,000 $775,000 $96,000 $572,000

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) 22,331 $4,703,661,000 $210,000 $42,965,000 $105,000 $5,000,000
FHA-insured (Federal Housing Administration) 8,124 $1,480,278,000 $182,000 $3,585,000 $51,000 $1,359,000
VA-guaranteed (Veterans Administration) 1,697 $401,805,000 $236,000 $868,000 $71,000 $500,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 90 $18,388,000 $204,000 $388,000 $56,000 $118,000

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 16,750 $3,648,336,000 $217,000 $42,965,000 $102,000 $3,990,000
Loan Purchased By The Institution 4,666 $975,778,000 $209,000 $16,125,000 $44,000 $1,178,000
Application Denied By Financial Institution 4,614 $731,686,000 $158,000 $7,500,000 $82,000 $5,000,000
Application Withdrawn By Applicant 3,725 $761,869,000 $204,000 $21,750,000 $97,000 $3,780,000
File Closed For Incompleteness 1,575 $312,540,000 $198,000 $17,000,000 $90,000 $1,260,000
Application Approved But Not Accepted 911 $173,727,000 $190,000 $1,456,000 $94,000 $1,764,000
Preapproval Approved but not Accepted 1 $196,000 $196,000 $196,000 $45,000 $45,000
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 972 $138,275,000 $142,000 $914,000 $63,000 $756,000
Credit History 866 $92,108,000 $106,000 $2,300,000 $79,000 $2,654,000
Collateral 777 $139,994,000 $180,000 $7,500,000 $109,000 $2,431,000
Credit Application Incomplete 440 $80,513,000 $182,000 $1,500,000 $97,000 $1,215,000
Other 335 $60,658,000 $181,000 $6,500,000 $89,000 $1,359,000
Unverifiable Information 69 $11,883,000 $172,000 $825,000 $112,000 $1,120,000
Insufficient Cash (Downpayment, Closing Cost) 65 $13,891,000 $213,000 $1,040,000 $92,000 $762,000
Employment History 55 $8,362,000 $152,000 $333,000 $54,000 $221,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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