Drew Mortgage Associates, Inc.
Mortgage Loan Application
Totals and Details
for 2017

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 Drew Mortgage Associates, Inc..
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 Drew Mortgage Associates, Inc.
196 Boston Tpke
Shrewsbury, MA 01545
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  
Total Number of Mortgage Applications 405
Total Mortgage Loan Application Amount $116,528,000
Average Mortgage Loan Application Amount $283,333
Highest Mortgage Loan Application Amount $900,000
Average Applicant Income $117,666
Highest Applicant Income $906,000

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.

Mortgage Loan Application Totals for Drew Mortgage Associates, Inc. by Metropolitan Area in 2017

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
WORCESTER, MA-CT 177 $ 43,620,000 $ 235,500 $ 89,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 149 $ 50,106,000 $ 336,000 $ 119,000
BOSTON, MA 29 $ 10,515,000 $ 362,000 $ 126,000
PROVIDENCE-WARWICK, RI-MA 8 $ 1,638,000 $ 204,000 $ 195,000
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 8 $ 2,426,000 $ 303,000 $ 109,000
SPRINGFIELD, MA 6 $ 1,192,000 $ 198,000 $ 80,000
BARNSTABLE TOWN, MA 5 $ 1,328,000 $ 265,000 $ 179,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 4 $ 1,003,000 $ 250,000 $ 120,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 2 $ 1,280,000 $ 640,000 $ 360,000
MANCHESTER-NASHUA, NH 2 $ 426,000 $ 213,000 $ 54,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 1 $ 142,000 $ 142,000 $ 144,000
NEW HAVEN-MILFORD, CT 1 $ 74,000 $ 74,000 $ 30,000
ORLANDO-KISSIMMEE-SANFORD, FL 1 $ 265,000 $ 265,000 $ 314,000
PORT ST. LUCIE, FL 1 $ 194,000 $ 194,000 $ 187,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 1 $ 424,000 $ 424,000 $ 274,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 1 $ 275,000 $ 275,000 $ 47,000

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.

Mortgage Loan Application Detail Totals for Drew Mortgage Associates, Inc. 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 249 $71,956,000 $288,000 $680,000 $110,000 $906,000
Refinancing 151 $43,184,000 $285,000 $900,000 $127,000 $374,000
Home Improvement 5 $1,388,000 $277,000 $427,000 $116,000 $248,000

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 355 $101,699,000 $286,000 $680,000 $120,000 $906,000
Hispanic 27 $8,104,000 $300,000 $900,000 $87,000 $274,000
Asian 13 $3,894,000 $299,000 $545,000 $111,000 $199,000
Black or African American 10 $2,831,000 $283,000 $549,000 $90,000 $150,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 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) 307 $88,638,000 $288,000 $900,000 $125,000 $906,000
FHA-insured (Federal Housing Administration) 77 $20,992,000 $272,000 $541,000 $86,000 $227,000
VA-guaranteed (Veterans Administration) 19 $6,448,000 $339,000 $662,000 $112,000 $205,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $450,000 $225,000 $288,000 $70,000 $89,000

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 318 $90,725,000 $285,000 $680,000 $114,000 $374,000
Application Withdrawn By Applicant 50 $14,335,000 $286,000 $640,000 $144,000 $906,000
Application Denied By Financial Institution 35 $11,178,000 $319,000 $900,000 $107,000 $278,000
Application Approved But Not Accepted 1 $150,000 $150,000 $150,000 $67,000 $67,000
File Closed For Incompleteness 1 $140,000 $140,000 $140,000 $39,000 $39,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
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
Other 1 $265,000 $265,000 $265,000 $49,000 $49,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 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
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

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.

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