Citizens Bank Of Rhode Island
HMDA Loan Application Totals
and Mortgage Lending Details
for 2003
Citizens Bank Of Rhode Island 2003 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Citizens Bank Of Rhode Island One Citizens Plaza Providence, RI 02903 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 12,786 |
| Total Mortgage Loan Application Amount | $1,696,732,000 |
| Average Mortgage Loan Application Amount | $225,227 |
| Highest Mortgage Loan Application Amount | $3,500,000 |
| Average Applicant Income | $141,363 |
| Highest Applicant Income | $6,790,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2003 with Citizens Bank Of Rhode Island. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Citizens Bank Of Rhode Island's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2003 breaks down Citizens Bank Of Rhode Island's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Citizens Bank Of Rhode Island serves its applicants.
Each category highlights the total number of mortgage applications processed by Citizens Bank Of Rhode Island, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Citizens Bank Of Rhode Island's mortgage activity for 2003.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Providence County Rhode Island | 6,529 | $ 773,998,000 | $ 118,000 | $ 64,000 |
| Kent County Rhode Island | 2,312 | $ 298,429,000 | $ 129,000 | $ 77,000 |
| Washington County Rhode Island | 1,839 | $ 281,311,000 | $ 152,000 | $ 106,000 |
| Bristol County Rhode Island | 740 | $ 115,145,000 | $ 155,000 | $ 110,000 |
| Newport County Rhode Island | 699 | $ 120,389,000 | $ 172,000 | $ 91,000 |
| Bristol County Massachusetts | 369 | $ 56,222,000 | $ 152,000 | $ 104,000 |
| Worcester County Massachusetts | 73 | $ 10,017,000 | $ 137,000 | $ 65,000 |
| New London County Connecticut | 45 | $ 5,934,000 | $ 131,000 | $ 99,000 |
| Norfolk County Massachusetts | 39 | $ 7,529,000 | $ 193,000 | $ 143,000 |
| Windham County Connecticut | 22 | $ 2,398,000 | $ 109,000 | $ 74,000 |
| Barnstable County Massachusetts | 21 | $ 4,513,000 | $ 214,000 | $ 241,000 |
| Plymouth County Massachusetts | 12 | $ 2,012,000 | $ 167,000 | $ 60,000 |
| Suffolk County Massachusetts | 11 | $ 2,175,000 | $ 197,000 | $ 136,000 |
| Middlesex County Massachusetts | 10 | $ 2,960,000 | $ 296,000 | $ 171,000 |
| Dukes County Massachusetts | 6 | $ 975,000 | $ 162,000 | $ 315,000 |
| New Haven County Connecticut | 5 | $ 4,088,000 | $ 817,000 | $ 352,000 |
| Essex County Massachusetts | 5 | $ 481,000 | $ 96,000 | $ 102,000 |
| Oxford County Maine | 4 | $ 300,000 | $ 75,000 | $ 106,000 |
| Grafton County New Hampshire | 4 | $ 563,000 | $ 140,000 | $ 154,000 |
| Rockingham County New Hampshire | 4 | $ 846,000 | $ 211,000 | $ 80,000 |
| Middlesex County Connecticut | 3 | $ 201,000 | $ 67,000 | $ 174,000 |
| Lincoln County Maine | 3 | $ 330,000 | $ 110,000 | $ 77,000 |
| Hillsborough County New Hampshire | 3 | $ 272,000 | $ 90,000 | $ 57,000 |
| Fairfield County Connecticut | 2 | $ 390,000 | $ 195,000 | $ 122,000 |
| Cumberland County Maine | 2 | $ 203,000 | $ 101,000 | $ 82,000 |
| Hampden County Massachusetts | 2 | $ 168,000 | $ 84,000 | $ 94,000 |
| Hampshire County Massachusetts | 2 | $ 126,000 | $ 63,000 | $ 72,000 |
| Belknap County New Hampshire | 2 | $ 177,000 | $ 88,000 | $ 70,000 |
| Tolland County Connecticut | 1 | $ 155,000 | $ 155,000 | $ 60,000 |
| Lee County Florida | 1 | $ 115,000 | $ 115,000 | $ 96,000 |
| Palm Beach County Florida | 1 | $ 1,000,000 | $ 1,000,000 | $ 744,000 |
| Pinellas County Florida | 1 | $ 40,000 | $ 40,000 | $ 53,000 |
| Polk County Florida | 1 | $ 60,000 | $ 60,000 | $ 0 |
| Berkshire County Massachusetts | 1 | $ 18,000 | $ 18,000 | $ 128,000 |
| Nantucket County Massachusetts | 1 | $ 1,660,000 | $ 1,660,000 | $ 996,000 |
| St. Louis County Missouri | 1 | $ 34,000 | $ 34,000 | $ 65,000 |
| Clark County Nevada | 1 | $ 12,000 | $ 12,000 | $ 64,000 |
| Carroll County New Hampshire | 1 | $ 124,000 | $ 124,000 | $ 196,000 |
| Merrimack County New Hampshire | 1 | $ 25,000 | $ 25,000 | $ 120,000 |
| Strafford County New Hampshire | 1 | $ 110,000 | $ 110,000 | $ 181,000 |
| Sullivan County New Hampshire | 1 | $ 83,000 | $ 83,000 | $ 112,000 |
| Bergen County New Jersey | 1 | $ 134,000 | $ 134,000 | $ 70,000 |
| Somerset County New Jersey | 1 | $ 131,000 | $ 131,000 | $ 81,000 |
| Chester County Pennsylvania | 1 | $ 25,000 | $ 25,000 | $ 97,000 |
| Rutland County Vermont | 1 | $ 104,000 | $ 104,000 | $ 61,000 |
| Windsor County Vermont | 1 | $ 750,000 | $ 750,000 | $ 1,277,000 |
Mortgage Loan Application Detail Totals for Citizens Bank Of Rhode Island in 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 |
|---|---|---|---|---|---|---|
| Refinancing (home purchase or home improvement, one-to-four family) | 10,310 | $1,448,643,000 | $151,666 | $1,950,000 | $157,777 | $6,790,000 |
| Home Improvement (one-to-four family) | 2,257 | $216,126,000 | $97,800 | $1,000,000 | $76,600 | $2,220,000 |
| Home Purchase (one-to-four family) | 203 | $21,531,000 | $226,000 | $1,213,000 | $217,833 | $744,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 16 | $10,432,000 | $872,500 | $3,500,000 | $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 | 9,622 | $1,267,918,000 | $154,454 | $1,950,000 | $164,727 | $6,790,000 |
| Information not provided by applicant in mail or telephone application | 1,903 | $279,511,000 | $136,166 | $1,750,000 | $115,333 | $1,200,000 |
| Hispanic | 618 | $63,266,000 | $123,000 | $600,000 | $80,333 | $709,000 |
| Black | 228 | $26,689,000 | $102,666 | $1,000,000 | $60,666 | $1,128,000 |
| Asian or Pacific Islander | 196 | $25,102,000 | $161,500 | $510,000 | $87,000 | $375,000 |
| Other | 132 | $15,356,000 | $127,500 | $320,000 | $65,000 | $334,000 |
| Not applicable | 46 | $13,783,000 | $703,000 | $3,500,000 | $500 | $21,000 |
| American Indian or Alaskan Native | 41 | $5,107,000 | $151,000 | $335,000 | $81,000 | $198,000 |
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) | 12,786 | $1,696,732,000 | $146,636 | $3,500,000 | $156,454 | $6,790,000 |
| 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 | 7,689 | $1,026,244,000 | $216,555 | $3,500,000 | $174,444 | $6,790,000 |
| Application Denied By Financial Institution | 3,296 | $418,661,000 | $104,428 | $1,660,000 | $86,285 | $4,300,000 |
| Application Approved But Not Accepted | 1,727 | $240,667,000 | $246,500 | $1,950,000 | $297,166 | $1,277,000 |
| Loan Purchased By The Institution | 46 | $6,324,000 | $104,250 | $500,000 | $49,000 | $485,000 |
| Application Withdrawn By Applicant | 28 | $4,836,000 | $98,666 | $1,000,000 | $71,666 | $323,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 1,593 | $185,860,000 | $99,600 | $900,000 | $84,600 | $1,128,000 |
| Debt-To-Income Ratio | 1,092 | $142,428,000 | $134,800 | $1,000,000 | $86,600 | $308,000 |
| Collateral | 271 | $41,959,000 | $98,500 | $607,000 | $92,166 | $677,000 |
| Other | 261 | $36,061,000 | $197,250 | $1,660,000 | $123,000 | $4,300,000 |
| Unverifiable Information | 35 | $5,996,000 | $175,666 | $420,000 | $59,000 | $182,000 |
| Credit Application Incomplete | 34 | $4,852,000 | $119,500 | $600,000 | $116,000 | $1,365,000 |
| Employment History | 10 | $1,505,000 | $159,000 | $395,000 | $91,000 | $600,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Citizens Bank Of Rhode Island's 2003 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 Citizens Bank Of Rhode Island'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 Rhode Island, download the full spreadsheet
with aggregated HMDA statistics today.