BNY Mellon, N.A. Mortgage Lending & HMDA Data, 2020

In 2020, BNY Mellon, N.A. of Boston, MA reported 1,317 mortgage applications totaling $1.6 billion, up 3% from 2019. The average application was for $1,235,789, and applicants reported an average income of $668,261. 79% of its applications resulted in an originated loan and 7% were denied. Its largest markets were New York-Jersey City-White Plains, NY-NJ (78), Los Angeles-Long Beach-Glendale, CA (59) and Boston, MA (50) (applications in parentheses).

Mortgage Company & Address BNY Mellon, N.A.

Boston, MA 02108
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 1,317
Total Mortgage Loan Application Amount $1,627,535,000
Average Mortgage Loan Application Amount $1,235,789
Highest Mortgage Loan Application Amount $25,005,000
Average Applicant Income $668,261
Highest Applicant Income $7,271,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records BNY Mellon, N.A. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for BNY Mellon, N.A. by Metropolitan Area in 2020

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Outside any metro area 125 $ 171,815,000 $ 1,374,520 $ 804,744
New York-Jersey City-White Plains, NY-NJ 78 $ 122,820,000 $ 1,574,615 $ 871,653
Los Angeles-Long Beach-Glendale, CA 59 $ 85,035,000 $ 1,441,271 $ 780,000
Boston, MA 50 $ 63,920,000 $ 1,278,400 $ 586,000
Cambridge-Newton-Framingham, MA 42 $ 43,840,000 $ 1,043,809 $ 514,000
Anaheim-Santa Ana-Irvine, CA 39 $ 65,165,000 $ 1,670,897 $ 702,000
Atlanta-Sandy Springs-Roswell, GA 38 $ 40,760,000 $ 1,072,631 $ 613,000
Chicago-Naperville, IL 38 $ 38,680,000 $ 1,017,894 $ 532,000
Bridgeport-Stamford-Norwalk, CT 32 $ 35,270,000 $ 1,102,187 $ 471,000
Nassau County-Suffolk County, NY 31 $ 39,445,000 $ 1,272,419 $ 619,000
Seattle-Bellevue-Everett, WA 30 $ 33,520,000 $ 1,117,333 $ 493,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 29 $ 29,235,000 $ 1,008,103 $ 400,241
San Francisco-Redwood City-South San Francisco, CA 26 $ 31,950,000 $ 1,228,846 $ 864,000
Houston-The Woodlands-Sugar Land, TX 22 $ 25,280,000 $ 1,149,090 $ 578,000
Miami-Miami Beach-Kendall, FL 22 $ 26,950,000 $ 1,225,000 $ 789,000
West Palm Beach-Boca Raton-Delray Beach, FL 22 $ 34,850,000 $ 1,584,090 $ 716,000
Oakland-Hayward-Berkeley, CA 21 $ 27,675,000 $ 1,317,857 $ 668,000
Denver-Aurora-Lakewood, CO 19 $ 23,365,000 $ 1,229,736 $ 656,000
Phoenix-Mesa-Scottsdale, AZ 19 $ 22,585,000 $ 1,188,684 $ 797,000
San Jose-Sunnyvale-Santa Clara, CA 18 $ 26,800,000 $ 1,488,888 $ 892,000
Austin-Round Rock, TX 16 $ 21,970,000 $ 1,373,125 $ 1,143,000
New York-Newark, NY 16 $ 14,370,000 $ 898,125 $ 571,312
Providence-Warwick, RI-MA 16 $ 13,670,000 $ 854,375 $ 670,000
San Diego-Carlsbad, CA 16 $ 50,840,000 $ 3,177,500 $ 907,000
Dallas-Plano-Irving, TX 15 $ 16,445,000 $ 1,096,333 $ 1,397,000
Naples-Immokalee-Marco Island, FL 15 $ 18,475,000 $ 1,231,666 $ 653,000
San Rafael, CA 15 $ 30,165,000 $ 2,011,000 $ 991,000
Tampa-St. Petersburg-Clearwater, FL 15 $ 13,695,000 $ 913,000 $ 472,000
Charlotte-Concord-Gastonia, NC-SC 13 $ 14,565,000 $ 1,120,384 $ 571,000
Newark, NJ-PA 12 $ 9,310,000 $ 775,833 $ 514,000
Santa Maria-Santa Barbara, CA 12 $ 17,810,000 $ 1,484,166 $ 554,000
Washington-Baltimore-Arlington, DC 12 $ 12,850,000 $ 1,070,833 $ 401,000
Baltimore-Columbia-Towson, MD 11 $ 10,345,000 $ 940,454 $ 506,000
Riverside-San Bernardino-Ontario, CA 10 $ 10,740,000 $ 1,074,000 $ 777,000
Charleston-North Charleston, SC 9 $ 9,035,000 $ 1,003,888 $ 399,000
Montgomery County-Bucks County-Chester County, PA 9 $ 10,195,000 $ 1,132,777 $ 718,000
North Port-Sarasota-Bradenton, FL 9 $ 6,935,000 $ 770,555 $ 643,000
Barnstable Town, MA 8 $ 5,440,000 $ 680,000 $ 365,000
Cape Coral-Fort Myers, FL 8 $ 9,860,000 $ 1,232,500 $ 402,000
Crestview-Fort Walton Beach-Destin, FL 8 $ 12,680,000 $ 1,585,000 $ 842,000
Philadelphia, PA 8 $ 4,530,000 $ 566,250 $ 222,000
Portland-South Portland, ME 8 $ 5,430,000 $ 678,750 $ 596,000
Sacramento--Roseville--Arden-Arcade, CA 8 $ 11,450,000 $ 1,431,250 $ 773,000
San Antonio-New Braunfels, TX 8 $ 5,730,000 $ 716,250 $ 695,000
Boulder, CO 7 $ 12,215,000 $ 1,745,000 $ 537,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 7 $ 9,845,000 $ 1,406,428 $ 547,000
Lake County-Kenosha County, IL-WI 7 $ 4,535,000 $ 647,857 $ 386,000
Minneapolis-St. Paul-Bloomington, MN-WI 7 $ 5,665,000 $ 809,285 $ 570,000
Portland-Vancouver-Hillsboro, OR-WA 7 $ 7,685,000 $ 1,097,857 $ 609,000
Reno, NV 7 $ 12,045,000 $ 1,720,714 $ 1,139,000
Hartford-West Hartford-East Hartford, CT 6 $ 4,550,000 $ 758,333 $ 355,000
Hilton Head Island-Bluffton-Beaufort, SC 6 $ 6,940,000 $ 1,156,666 $ 440,000
Nashville-Davidson--Murfreesboro--Franklin, TN 6 $ 9,740,000 $ 1,623,333 $ 544,000
Ocean City, NJ 6 $ 6,960,000 $ 1,160,000 $ 633,000
Orlando-Kissimmee-Sanford, FL 6 $ 5,690,000 $ 948,333 $ 369,000
Salisbury, MD-DE 6 $ 7,860,000 $ 1,310,000 $ 1,086,000
Santa Rosa, CA 6 $ 5,730,000 $ 955,000 $ 444,000
Virginia Beach-Norfolk-Newport News, VA-NC 6 $ 6,340,000 $ 1,056,666 $ 412,333
Jacksonville, FL 5 $ 6,375,000 $ 1,275,000 $ 677,000
Pittsburgh, PA 5 $ 5,015,000 $ 1,003,000 $ 618,000
Richmond, VA 5 $ 6,015,000 $ 1,203,000 $ 712,000
Rockingham County-Strafford County, NH 5 $ 4,595,000 $ 919,000 $ 649,000
Salt Lake City, UT 5 $ 3,255,000 $ 651,000 $ 260,000
Warren-Troy-Farmington Hills, MI 5 $ 8,855,000 $ 1,771,000 $ 798,000
Cleveland-Elyria, OH 4 $ 5,720,000 $ 1,430,000 $ 562,000
Pittsfield, MA 4 $ 5,360,000 $ 1,340,000 $ 1,149,000
Raleigh, NC 4 $ 2,770,000 $ 692,500 $ 514,000
State College, PA 4 $ 4,250,000 $ 1,062,500 $ 799,000
Asheville, NC 3 $ 2,365,000 $ 788,333 $ 294,000
Birmingham-Hoover, AL 3 $ 2,975,000 $ 991,666 $ 424,000
Fresno, CA 3 $ 11,565,000 $ 3,855,000 $ 220,000
Greenville-Anderson-Mauldin, SC 3 $ 1,345,000 $ 448,333 $ 389,000
Indianapolis-Carmel-Anderson, IN 3 $ 2,675,000 $ 891,666 $ 1,287,000
Las Vegas-Henderson-Paradise, NV 3 $ 1,995,000 $ 665,000 $ 388,000
Napa, CA 3 $ 2,085,000 $ 695,000 $ 573,000
New Orleans-Metairie, LA 3 $ 3,765,000 $ 1,255,000 $ 630,000
Niles-Benton Harbor, MI 3 $ 3,745,000 $ 1,248,333 $ 784,000
Oxnard-Thousand Oaks-Ventura, CA 3 $ 3,015,000 $ 1,005,000 $ 187,000
Palm Bay-Melbourne-Titusville, FL 3 $ 6,755,000 $ 2,251,666 $ 501,000
Salinas, CA 3 $ 2,265,000 $ 755,000 $ 487,000
Urban Honolulu, HI 3 $ 3,555,000 $ 1,185,000 $ 433,000
Albany-Schenectady-Troy, NY 2 $ 1,120,000 $ 560,000 $ 759,000
Colorado Springs, CO 2 $ 1,360,000 $ 680,000 $ 246,000
Columbus, OH 2 $ 1,500,000 $ 750,000 $ 902,000
Durham-Chapel Hill, NC 2 $ 1,450,000 $ 725,000 $ 561,000
Elgin, IL 2 $ 1,380,000 $ 690,000 $ 454,000
Eugene, OR 2 $ 1,270,000 $ 635,000 $ 277,000
Fort Worth-Arlington, TX 2 $ 1,940,000 $ 970,000 $ 430,000
Kahului-Wailuku-Lahaina, HI 2 $ 3,580,000 $ 1,790,000 $ 453,000
Kingston, NY 2 $ 1,010,000 $ 505,000 $ 1,098,000
Lexington-Fayette, KY 2 $ 1,610,000 $ 805,000 $ 238,000
Manchester-Nashua, NH 2 $ 1,330,000 $ 665,000 $ 292,000
Medford, OR 2 $ 1,410,000 $ 705,000 $ 602,000
Port St. Lucie, FL 2 $ 1,130,000 $ 565,000 $ 467,000
Stockton-Lodi, CA 2 $ 660,000 $ 330,000 $ 3,108,000
Tacoma-Lakewood, WA 2 $ 1,280,000 $ 640,000 $ 191,000
Wilmington, DE-MD-NJ 2 $ 1,600,000 $ 800,000 $ 255,000
Abilene, TX 1 $ 615,000 $ 615,000 $ 573,000
Albuquerque, NM 1 $ 715,000 $ 715,000 $ 262,000
Atlantic City-Hammonton, NJ 1 $ 1,725,000 $ 1,725,000 $ 1,422,000
Bend-Redmond, OR 1 $ 285,000 $ 285,000 $ 194,000
Boise City, ID 1 $ 775,000 $ 775,000 $ 282,000
Brunswick, GA 1 $ 825,000 $ 825,000 $ 615,000
California-Lexington Park, MD 1 $ 1,405,000 $ 1,405,000 $ 713,000
Camden, NJ 1 $ 975,000 $ 975,000 $ 1,635,000
Charlottesville, VA 1 $ 975,000 $ 975,000 $ 341,000
Cincinnati, OH-KY-IN 1 $ 755,000 $ 755,000 $ 1,125,000
Corpus Christi, TX 1 $ 505,000 $ 505,000 $ 867,000
East Stroudsburg, PA 1 $ 285,000 $ 285,000 $ 250,000
El Paso, TX 1 $ 705,000 $ 705,000 $ 603,000
Fort Collins, CO 1 $ 845,000 $ 845,000 $ 824,000
Gainesville, GA 1 $ 1,505,000 $ 1,505,000 $ 789,000
Grand Junction, CO 1 $ 265,000 $ 265,000 $ 126,000
Grand Rapids-Wyoming, MI 1 $ 905,000 $ 905,000 $ 647,000
Hickory-Lenoir-Morganton, NC 1 $ 485,000 $ 485,000 $ 588,000
Homosassa Springs, FL 1 $ 955,000 $ 955,000 $ 0
Kansas City, MO-KS 1 $ 645,000 $ 645,000 $ 353,000
Manhattan, KS 1 $ 755,000 $ 755,000 $ 290,000
Memphis, TN-MS-AR 1 $ 1,315,000 $ 1,315,000 $ 626,000
Midland, TX 1 $ 1,505,000 $ 1,505,000 $ 15,000
Milwaukee-Waukesha-West Allis, WI 1 $ 595,000 $ 595,000 $ 0
Myrtle Beach-Conway-North Myrtle Beach, SC-NC 1 $ 1,295,000 $ 1,295,000 $ 792,000
New Haven-Milford, CT 1 $ 845,000 $ 845,000 $ 493,000
Norwich-New London, CT 1 $ 745,000 $ 745,000 $ 421,000
Ocala, FL 1 $ 585,000 $ 585,000 $ 609,000
Oklahoma City, OK 1 $ 955,000 $ 955,000 $ 378,000
Olympia-Tumwater, WA 1 $ 305,000 $ 305,000 $ 686,000
Omaha-Council Bluffs, NE-IA 1 $ 2,005,000 $ 2,005,000 $ 1,408,000
Panama City, FL 1 $ 365,000 $ 365,000 $ 144,000
Pensacola-Ferry Pass-Brent, FL 1 $ 585,000 $ 585,000 $ 1,566,000
Punta Gorda, FL 1 $ 755,000 $ 755,000 $ 372,000
Rochester, NY 1 $ 1,505,000 $ 1,505,000 $ 768,000
San Luis Obispo-Paso Robles-Arroyo Grande, CA 1 $ 1,005,000 $ 1,005,000 $ 304,000
Santa Cruz-Watsonville, CA 1 $ 505,000 $ 505,000 $ 120,000
Santa Fe, NM 1 $ 655,000 $ 655,000 $ 961,000
Savannah, GA 1 $ 905,000 $ 905,000 $ 655,000
Sebastian-Vero Beach, FL 1 $ 705,000 $ 705,000 $ 714,000
St. Louis, MO-IL 1 $ 1,035,000 $ 1,035,000 $ 837,000
Staunton-Waynesboro, VA 1 $ 265,000 $ 265,000 $ 514,000
Syracuse, NY 1 $ 955,000 $ 955,000 $ 735,000
Tulsa, OK 1 $ 425,000 $ 425,000 $ 141,000
Tuscaloosa, AL 1 $ 465,000 $ 465,000 $ 1,255,000
Warner Robins, GA 1 $ 185,000 $ 185,000 $ 136,000
Wausau, WI 1 $ 1,005,000 $ 1,005,000 $ 1,815,000
Wenatchee, WA 1 $ 455,000 $ 455,000 $ 2,597,000
Wichita, KS 1 $ 505,000 $ 505,000 $ 272,000
Wilmington, NC 1 $ 775,000 $ 775,000 $ 550,000
Worcester, MA-CT 1 $ 595,000 $ 595,000 $ 808,000

Mortgage Loan Application Detail Totals for BNY Mellon, N.A. in 2020

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 560 $647,810,000 $1,156,000 $10,005,000 $647,000 $4,003,000
Home Purchase 500 $612,250,000 $1,224,000 $25,005,000 $678,000 $7,271,000
Other Purpose 250 $359,290,000 $1,437,000 $10,005,000 $693,000 $5,960,000
Home Improvement 7 $8,185,000 $1,169,000 $3,505,000 $790,000 $1,800,000
Cash-out Refinancing 0 $0 $0 $0 $0 $0
Not Applicable 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 882 $1,028,070,000 $1,165,000 $25,005,000 $642,000 $5,300,000
Not Provided 357 $471,635,000 $1,321,000 $5,505,000 $713,000 $7,271,000
Not applicable 32 $73,340,000 $2,291,000 $10,005,000 $0 $0
Asian 27 $34,085,000 $1,262,000 $4,005,000 $1,034,000 $3,146,000
Hispanic 12 $13,490,000 $1,124,000 $4,505,000 $590,000 $1,007,000
Black or African American 6 $6,490,000 $1,081,000 $2,375,000 $357,000 $490,000
American Indian or Alaskan Native 1 $425,000 $425,000 $425,000 $141,000 $141,000
Native Hawaiian or Other Pacific Islander 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) 1,317 $1,627,535,000 $1,235,000 $25,005,000 $668,000 $7,271,000
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
VA-guaranteed (Veterans Administration) 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
Loan Originated 1,042 $1,175,910,000 $1,128,000 $9,755,000 $672,000 $5,300,000
Application Withdrawn By Applicant 105 $162,275,000 $1,545,000 $5,505,000 $851,000 $7,271,000
Application Denied By Financial Institution 91 $171,355,000 $1,883,000 $25,005,000 $523,000 $3,200,000
Application Approved But Not Accepted 46 $57,970,000 $1,260,000 $5,005,000 $571,000 $2,066,000
Preapproval Approved but not Accepted 17 $22,365,000 $1,315,000 $5,005,000 $563,000 $1,635,000
File Closed For Incompleteness 9 $25,335,000 $2,815,000 $10,005,000 $528,000 $1,042,000
Preapproval Denied by Financial Institution 7 $12,325,000 $1,760,000 $4,805,000 $336,000 $487,000
Loan Purchased By The 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
Not applicable 1,219 $1,443,855,000 $1,184,000 $10,005,000 $680,000 $7,271,000
Debt-To-Income Ratio 62 $105,760,000 $1,705,000 $10,005,000 $408,000 $1,785,000
Collateral 18 $53,600,000 $2,977,000 $25,005,000 $799,000 $2,081,000
Credit History 8 $8,320,000 $1,040,000 $2,115,000 $462,000 $1,086,000
Insufficient Cash (Downpayment, Closing Cost) 5 $5,345,000 $1,069,000 $1,505,000 $422,000 $627,000
Other 4 $7,770,000 $1,942,000 $5,005,000 $1,023,000 $3,200,000
Unverifiable Information 1 $2,885,000 $2,885,000 $2,885,000 $980,000 $980,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into BNY Mellon, N.A.'s 2020 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 BNY Mellon, N.A.'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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