Boston Private Bank & Trust Company Mortgage Lending & HMDA Data, 2018
In 2018, Boston Private Bank & Trust Company of Boston, MA reported 1,527 mortgage applications totaling $1.3 billion, up 31% from 2017. The average application was for $869,178, and applicants reported an average income of $381,905. 59% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Boston, MA (291), Los Angeles-Long Beach-Glendale, CA (291) and Cambridge-Newton-Framingham, MA (203) (applications in parentheses).
| Mortgage Company & Address | Boston Private Bank & Trust Company Ten Post Office Square Boston, MA 02109 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 |
| Total Number of Mortgage Applications | 1,527 |
| Total Mortgage Loan Application Amount | $1,327,235,000 |
| Average Mortgage Loan Application Amount | $869,178 |
| Highest Mortgage Loan Application Amount | $18,475,000 |
| Average Applicant Income | $381,905 |
| Highest Applicant Income | $8,174,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Boston Private Bank & Trust Company filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Los Angeles, California | 291 | $ 327,755,000 | $ 1,126,305 | $ 518,000 |
| Suffolk, Massachusetts | 144 | $ 124,550,000 | $ 864,930 | $ 325,000 |
| Middlesex, Massachusetts | 140 | $ 127,510,000 | $ 910,785 | $ 432,000 |
| Norfolk, Massachusetts | 107 | $ 98,935,000 | $ 924,626 | $ 551,000 |
| San Mateo, California | 64 | $ 76,990,000 | $ 1,202,968 | $ 383,000 |
| Santa Clara, California | 63 | $ 30,305,000 | $ 481,031 | $ 133,000 |
| Essex, Massachusetts | 63 | $ 47,785,000 | $ 758,492 | $ 347,000 |
| San Francisco, California | 48 | $ 45,370,000 | $ 945,208 | $ 284,000 |
| Plymouth, Massachusetts | 40 | $ 32,700,000 | $ 817,500 | $ 447,000 |
| Barnstable, Massachusetts | 35 | $ 30,085,000 | $ 859,571 | $ 684,000 |
| Dukes, Massachusetts | 16 | $ 19,110,000 | $ 1,194,375 | $ 1,540,000 |
| Marin, California | 10 | $ 13,520,000 | $ 1,352,000 | $ 455,000 |
| Orange, California | 8 | $ 9,150,000 | $ 1,143,750 | $ 354,000 |
| Ventura, California | 8 | $ 5,770,000 | $ 721,250 | $ 375,000 |
| Alameda, California | 7 | $ 5,765,000 | $ 823,571 | $ 519,000 |
| Palm Beach, Florida | 7 | $ 11,255,000 | $ 1,607,857 | $ 1,231,000 |
| Nantucket, Massachusetts | 7 | $ 29,455,000 | $ 4,207,857 | $ 2,091,000 |
| Contra Costa, California | 6 | $ 7,160,000 | $ 1,193,333 | $ 403,000 |
| Riverside, California | 5 | $ 1,815,000 | $ 363,000 | $ 226,000 |
| Newport, Rhode Island | 5 | $ 8,425,000 | $ 1,685,000 | $ 385,000 |
| San Bernardino, California | 4 | $ 1,090,000 | $ 272,500 | $ 226,000 |
| Collier, Florida | 4 | $ 3,800,000 | $ 950,000 | $ 607,000 |
| Bristol, Massachusetts | 4 | $ 1,660,000 | $ 415,000 | $ 291,000 |
| Monterey, California | 3 | $ 5,965,000 | $ 1,988,333 | $ 629,000 |
| San Diego, California | 3 | $ 5,825,000 | $ 1,941,666 | $ 613,000 |
| Santa Barbara, California | 3 | $ 6,445,000 | $ 2,148,333 | $ 509,000 |
| Sarasota, Florida | 3 | $ 755,000 | $ 251,666 | $ 108,000 |
| York, Maine | 3 | $ 1,855,000 | $ 618,333 | $ 631,000 |
| Worcester, Massachusetts | 3 | $ 2,895,000 | $ 965,000 | $ 270,000 |
| Providence, Rhode Island | 3 | $ 1,885,000 | $ 628,333 | $ 198,000 |
| Merced, California | 2 | $ 760,000 | $ 380,000 | $ 120,000 |
| Placer, California | 2 | $ 2,030,000 | $ 1,015,000 | $ 491,000 |
| Sacramento, California | 2 | $ 10,440,000 | $ 5,220,000 | $ 207,000 |
| San Benito, California | 2 | $ 1,050,000 | $ 525,000 | $ 252,000 |
| Solano, California | 2 | $ 620,000 | $ 310,000 | $ 1,265,000 |
| Broward, Florida | 2 | $ 980,000 | $ 490,000 | $ 237,000 |
| Berkshire, Massachusetts | 2 | $ 1,390,000 | $ 695,000 | $ 1,805,000 |
| Carroll, New Hampshire | 2 | $ 1,410,000 | $ 705,000 | $ 357,000 |
| Rockingham, New Hampshire | 2 | $ 1,020,000 | $ 510,000 | $ 280,000 |
| Washington, Rhode Island | 2 | $ 880,000 | $ 440,000 | $ 229,000 |
| El Dorado, California | 1 | $ 305,000 | $ 305,000 | $ 190,000 |
| Mendocino, California | 1 | $ 5,165,000 | $ 5,165,000 | $ 0 |
| Santa Cruz, California | 1 | $ 745,000 | $ 745,000 | $ 535,000 |
| Stanislaus, California | 1 | $ 335,000 | $ 335,000 | $ 90,000 |
| Hillsborough, Florida | 1 | $ 275,000 | $ 275,000 | $ 129,000 |
| Martin, Florida | 1 | $ 575,000 | $ 575,000 | $ 389,000 |
| Miami-Dade, Florida | 1 | $ 325,000 | $ 325,000 | $ 305,000 |
| Cumberland, Maine | 1 | $ 725,000 | $ 725,000 | $ 615,000 |
| Hancock, Maine | 1 | $ 1,455,000 | $ 1,455,000 | $ 1,033,000 |
| Kennebec, Maine | 1 | $ 115,000 | $ 115,000 | $ 227,000 |
| Oxford, Maine | 1 | $ 225,000 | $ 225,000 | $ 225,000 |
| Hampden, Massachusetts | 1 | $ 965,000 | $ 965,000 | $ 286,000 |
| Hampshire, Massachusetts | 1 | $ 365,000 | $ 365,000 | $ 389,000 |
| Grafton, New Hampshire | 1 | $ 175,000 | $ 175,000 | $ 205,000 |
| Sullivan, New Hampshire | 1 | $ 295,000 | $ 295,000 | $ 420,000 |
| Kent, Rhode Island | 1 | $ 205,000 | $ 205,000 | $ 53,000 |
Mortgage Loan Application Detail Totals for Boston Private Bank & Trust Company in 2018
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 | 1,116 | $842,660,000 | $755,000 | $12,885,000 | $307,000 | $8,174,000 |
| Refinancing | 357 | $429,455,000 | $1,202,000 | $18,475,000 | $567,000 | $8,174,000 |
| Other Purpose | 33 | $38,225,000 | $1,158,000 | $3,505,000 | $918,000 | $4,990,000 |
| Home Improvement | 13 | $14,675,000 | $1,128,000 | $4,575,000 | $521,000 | $2,941,000 |
| Cash-out Refinancing | 8 | $2,220,000 | $277,000 | $455,000 | $134,000 | $323,000 |
| 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 | 893 | $917,085,000 | $1,026,000 | $12,885,000 | $517,000 | $8,174,000 |
| Hispanic | 216 | $81,980,000 | $379,000 | $5,505,000 | $128,000 | $2,458,000 |
| Asian | 202 | $113,600,000 | $562,000 | $3,975,000 | $170,000 | $2,175,000 |
| Not Provided | 112 | $93,790,000 | $837,000 | $4,505,000 | $308,000 | $4,030,000 |
| Black or African American | 73 | $35,635,000 | $488,000 | $4,905,000 | $185,000 | $1,502,000 |
| Not applicable | 16 | $75,460,000 | $4,716,000 | $18,475,000 | $0 | $0 |
| American Indian or Alaskan Native | 5 | $905,000 | $181,000 | $275,000 | $64,000 | $81,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $1,795,000 | $598,000 | $1,515,000 | $144,000 | $292,000 |
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) | 1,527 | $1,327,235,000 | $869,000 | $18,475,000 | $381,000 | $8,174,000 |
| 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 | 897 | $823,105,000 | $917,000 | $18,475,000 | $467,000 | $8,174,000 |
| Preapproval Approved but not Accepted | 324 | $179,970,000 | $555,000 | $3,005,000 | $159,000 | $1,659,000 |
| Application Withdrawn By Applicant | 142 | $151,060,000 | $1,063,000 | $8,705,000 | $458,000 | $4,530,000 |
| Application Denied By Financial Institution | 65 | $89,105,000 | $1,370,000 | $7,505,000 | $353,000 | $5,306,000 |
| Preapproval Denied by Financial Institution | 58 | $28,330,000 | $488,000 | $3,005,000 | $103,000 | $740,000 |
| Application Approved But Not Accepted | 24 | $23,350,000 | $972,000 | $2,605,000 | $382,000 | $926,000 |
| File Closed For Incompleteness | 17 | $32,315,000 | $1,900,000 | $10,005,000 | $522,000 | $2,904,000 |
| 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 | 1,404 | $1,209,800,000 | $861,000 | $18,475,000 | $394,000 | $8,174,000 |
| Debt-To-Income Ratio | 92 | $87,490,000 | $950,000 | $7,305,000 | $176,000 | $1,351,000 |
| Collateral | 12 | $13,480,000 | $1,123,000 | $2,505,000 | $309,000 | $1,106,000 |
| Credit History | 10 | $5,520,000 | $552,000 | $1,835,000 | $276,000 | $1,113,000 |
| Other | 5 | $2,655,000 | $531,000 | $1,335,000 | $110,000 | $205,000 |
| Unverifiable Information | 3 | $7,905,000 | $2,635,000 | $7,505,000 | $1,804,000 | $5,306,000 |
| Mortgage Insurance Denied | 1 | $385,000 | $385,000 | $385,000 | $126,000 | $126,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Boston Private Bank & Trust Company's 2018 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 Boston Private Bank & Trust Company'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.
For a list of all lenders in Massachusetts, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About