Find mortgage loan statistics, lending data, and loan application totals for Massachusetts.
The mortgage statistics and data below are specific to mortgage loan applications for Boston Federal Savings Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.
Mortgage Company & Address | Boston Federal Savings Bank 17 New England Executive Park Burlington, MA 01803 Tel #: available with data download |
Federal Regulator | * available with data download |
Years | 2004 2003 |
Total Number of Mortgage Applications | 3,675 |
Total Mortgage Loan Application Amount | $1,016,388,000 |
Average Mortgage Loan Application Amount | $212,947 |
Highest Mortgage Loan Application Amount | $2,000,000 |
Average Applicant Income | $78,052 |
Highest Applicant Income | $1,118,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MA, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
---|---|---|---|---|
Middlesex County Massachusetts | 1,285 | $ 358,683,000 | $ 279,000 | $ 84,000 |
Suffolk County Massachusetts | 614 | $ 179,092,000 | $ 291,000 | $ 71,000 |
Essex County Massachusetts | 524 | $ 137,448,000 | $ 262,000 | $ 73,000 |
Norfolk County Massachusetts | 292 | $ 93,254,000 | $ 319,000 | $ 100,000 |
Worcester County Massachusetts | 163 | $ 36,550,000 | $ 224,000 | $ 68,000 |
Plymouth County Massachusetts | 133 | $ 38,140,000 | $ 286,000 | $ 72,000 |
Bristol County Massachusetts | 65 | $ 19,471,000 | $ 299,000 | $ 103,000 |
Hillsborough County New Hampshire | 63 | $ 12,794,000 | $ 203,000 | $ 95,000 |
Barnstable County Massachusetts | 60 | $ 20,798,000 | $ 346,000 | $ 140,000 |
Rockingham County New Hampshire | 46 | $ 9,863,000 | $ 214,000 | $ 85,000 |
Providence County Rhode Island | 29 | $ 7,294,000 | $ 251,000 | $ 49,000 |
Cumberland County Maine | 20 | $ 4,474,000 | $ 223,000 | $ 62,000 |
Hampden County Massachusetts | 19 | $ 2,860,000 | $ 150,000 | $ 81,000 |
Hartford County Connecticut | 18 | $ 3,604,000 | $ 200,000 | $ 67,000 |
York County Maine | 16 | $ 3,612,000 | $ 225,000 | $ 107,000 |
Strafford County New Hampshire | 15 | $ 4,031,000 | $ 268,000 | $ 82,000 |
New Haven County Connecticut | 13 | $ 2,551,000 | $ 196,000 | $ 27,000 |
Middlesex County Connecticut | 11 | $ 1,969,000 | $ 179,000 | $ 61,000 |
Nantucket County Massachusetts | 9 | $ 5,259,000 | $ 584,000 | $ 280,000 |
New London County Connecticut | 8 | $ 1,510,000 | $ 188,000 | $ 53,000 |
Newport County Rhode Island | 8 | $ 2,490,000 | $ 311,000 | $ 141,000 |
Dukes County Massachusetts | 7 | $ 2,191,000 | $ 313,000 | $ 130,000 |
Carroll County New Hampshire | 7 | $ 1,682,000 | $ 240,000 | $ 44,000 |
Fairfield County Connecticut | 6 | $ 2,417,000 | $ 402,000 | $ 105,000 |
Belknap County New Hampshire | 6 | $ 2,680,000 | $ 446,000 | $ 118,000 |
Hampshire County Massachusetts | 5 | $ 1,027,000 | $ 205,000 | $ 48,000 |
Chittenden County Vermont | 5 | $ 213,000 | $ 42,000 | $ 42,000 |
Tolland County Connecticut | 4 | $ 635,000 | $ 158,000 | $ 123,000 |
Mohave County Arizona | 3 | $ 225,000 | $ 75,000 | $ 204,000 |
Yuma County Arizona | 3 | $ 287,000 | $ 95,000 | $ 262,000 |
Windham County Connecticut | 3 | $ 433,000 | $ 144,000 | $ 68,000 |
Franklin County Massachusetts | 3 | $ 550,000 | $ 183,000 | $ 37,000 |
Merrimack County New Hampshire | 3 | $ 689,000 | $ 229,000 | $ 58,000 |
Bristol County Rhode Island | 3 | $ 1,200,000 | $ 400,000 | $ 69,000 |
Kent County Rhode Island | 3 | $ 1,095,000 | $ 365,000 | $ 42,000 |
Cochise County Arizona | 2 | $ 116,000 | $ 58,000 | $ 90,000 |
Pinal County Arizona | 2 | $ 110,000 | $ 55,000 | $ 26,000 |
Androscoggin County Maine | 2 | $ 242,000 | $ 121,000 | $ 85,000 |
Franklin County Maine | 2 | $ 336,000 | $ 168,000 | $ 215,000 |
Oxford County Maine | 2 | $ 600,000 | $ 300,000 | $ 202,000 |
Berkshire County Massachusetts | 2 | $ 577,000 | $ 288,000 | $ 419,000 |
Orange County New York | 2 | $ 104,000 | $ 52,000 | $ 41,000 |
Washington County Rhode Island | 2 | $ 839,000 | $ 419,000 | $ 66,000 |
Bennington County Vermont | 2 | $ 152,000 | $ 76,000 | $ 44,000 |
Navajo County Arizona | 1 | $ 20,000 | $ 20,000 | $ 71,000 |
Pima County Arizona | 1 | $ 40,000 | $ 40,000 | $ 82,000 |
Knox County Maine | 1 | $ 63,000 | $ 63,000 | $ 0 |
Penobscot County Maine | 1 | $ 541,000 | $ 541,000 | $ 1,089,000 |
Piscataquis County Maine | 1 | $ 130,000 | $ 130,000 | $ 0 |
Sagadahoc County Maine | 1 | $ 150,000 | $ 150,000 | $ 79,000 |
Cheshire County New Hampshire | 1 | $ 56,000 | $ 56,000 | $ 39,000 |
Coos County New Hampshire | 1 | $ 74,000 | $ 74,000 | $ 90,000 |
Grafton County New Hampshire | 1 | $ 99,000 | $ 99,000 | $ 0 |
Sullivan County New Hampshire | 1 | $ 240,000 | $ 240,000 | $ 248,000 |
Orleans County New York | 1 | $ 79,000 | $ 79,000 | $ 80,000 |
Saratoga County New York | 1 | $ 27,000 | $ 27,000 | $ 23,000 |
Steuben County New York | 1 | $ 25,000 | $ 25,000 | $ 68,000 |
Franklin County Vermont | 1 | $ 24,000 | $ 24,000 | $ 27,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Massachusetts,
and search the same numbers and information back through 2003.
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 | 2,472 | $687,230,000 | $184,333 | $2,000,000 | $77,666 | $1,118,000 |
Refinancing | 977 | $273,069,000 | $255,800 | $1,500,000 | $91,800 | $1,089,000 |
Home Improvement | 226 | $56,089,000 | $221,600 | $750,000 | $65,000 | $581,000 |
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 | 3,058 | $841,456,000 | $190,555 | $1,500,000 | $85,888 | $1,089,000 |
Hispanic | 187 | $47,926,000 | $217,200 | $550,000 | $72,800 | $308,000 |
Asian | 148 | $41,537,000 | $241,000 | $750,000 | $66,600 | $1,118,000 |
Black or African American | 133 | $37,311,000 | $234,500 | $750,000 | $56,000 | $250,000 |
Not Provided | 119 | $37,494,000 | $267,714 | $795,000 | $85,428 | $467,000 |
American Indian or Alaskan Native | 12 | $2,996,000 | $249,000 | $436,000 | $89,000 | $133,000 |
Not applicable | 10 | $4,683,000 | $302,333 | $2,000,000 | $20,333 | $106,000 |
Native Hawaiian or Other Pacific Islander | 8 | $2,985,000 | $303,000 | $612,000 | $63,500 | $315,000 |
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) | 3,675 | $1,016,388,000 | $186,222 | $2,000,000 | $78,222 | $1,118,000 |
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 | 2,709 | $747,979,000 | $253,200 | $1,500,000 | $88,600 | $1,118,000 |
Application Approved But Not Accepted | 463 | $140,738,000 | $240,200 | $942,000 | $69,000 | $911,000 |
Preapproval Approved but not Accepted | 155 | $46,550,000 | $300,000 | $750,000 | $71,000 | $379,000 |
Application Denied By Financial Institution | 149 | $36,413,000 | $154,400 | $750,000 | $49,800 | $379,000 |
Application Withdrawn By Applicant | 103 | $26,966,000 | $224,666 | $2,000,000 | $63,000 | $1,038,000 |
Loan Purchased By The Institution | 80 | $13,619,000 | $122,666 | $541,000 | $113,333 | $1,089,000 |
Preapproval Denied by Financial Institution | 16 | $4,123,000 | $257,000 | $550,000 | $54,000 | $137,000 |
File Closed For Incompleteness | 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 | 55 | $13,018,000 | $192,333 | $658,000 | $57,000 | $235,000 |
Credit History | 35 | $9,572,000 | $244,000 | $750,000 | $20,000 | $248,000 |
Collateral | 20 | $4,852,000 | $147,600 | $588,000 | $38,000 | $144,000 |
Other | 20 | $4,320,000 | $199,333 | $589,000 | $159,666 | $379,000 |
Credit Application Incomplete | 16 | $4,057,000 | $246,000 | $500,000 | $28,500 | $129,000 |
Unverifiable Information | 10 | $2,713,000 | $253,000 | $450,000 | $67,666 | $300,000 |
Insufficient Cash (Downpayment, Closing Cost) | 4 | $1,523,000 | $380,000 | $495,000 | $81,000 | $147,000 |
Mortgage Insurance Denied | 4 | $181,000 | $45,000 | $58,000 | $107,000 | $146,000 |
Employment History | 1 | $300,000 | $300,000 | $300,000 | $51,000 | $51,000 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MA, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Massachusetts, and search similar information at your convenience.