Eastern Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2009
Eastern Bank 2009 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 | Eastern Bank 195 Market St Lynn, MA 01901 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 3,555 |
| Total Mortgage Loan Application Amount | $851,975,000 |
| Average Mortgage Loan Application Amount | $495,666 |
| Highest Mortgage Loan Application Amount | $8,250,000 |
| Average Applicant Income | $66,333 |
| Highest Applicant Income | $9,504,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2009 with Eastern Bank. 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 Eastern Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2009 breaks down Eastern Bank'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 Eastern Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Eastern Bank, 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 Eastern Bank's mortgage activity for 2009.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Essex County Massachusetts | 721 | $ 154,942,000 | $ 214,000 | $ 99,000 |
| Middlesex County Massachusetts | 616 | $ 152,942,000 | $ 248,000 | $ 104,000 |
| Plymouth County Massachusetts | 531 | $ 126,231,000 | $ 237,000 | $ 98,000 |
| Barnstable County Massachusetts | 394 | $ 94,736,000 | $ 240,000 | $ 119,000 |
| Norfolk County Massachusetts | 317 | $ 80,036,000 | $ 252,000 | $ 128,000 |
| Suffolk County Massachusetts | 221 | $ 54,573,000 | $ 246,000 | $ 97,000 |
| Washington County Rhode Island | 193 | $ 46,712,000 | $ 242,000 | $ 111,000 |
| Bristol County Massachusetts | 183 | $ 45,163,000 | $ 246,000 | $ 69,000 |
| Worcester County Massachusetts | 72 | $ 15,578,000 | $ 216,000 | $ 94,000 |
| Providence County Rhode Island | 35 | $ 7,707,000 | $ 220,000 | $ 90,000 |
| New London County Connecticut | 27 | $ 6,373,000 | $ 236,000 | $ 101,000 |
| Rockingham County New Hampshire | 23 | $ 5,849,000 | $ 254,000 | $ 83,000 |
| Hillsborough County New Hampshire | 20 | $ 4,682,000 | $ 234,000 | $ 76,000 |
| Kings County New York | 11 | $ 4,285,000 | $ 389,000 | $ 95,000 |
| New York County New York | 10 | $ 5,130,000 | $ 513,000 | $ 225,000 |
| Kent County Rhode Island | 10 | $ 2,206,000 | $ 220,000 | $ 121,000 |
| Cumberland County Maine | 9 | $ 2,267,000 | $ 251,000 | $ 184,000 |
| Fairfield County Connecticut | 8 | $ 3,310,000 | $ 413,000 | $ 392,000 |
| Dukes County Massachusetts | 8 | $ 2,653,000 | $ 331,000 | $ 162,000 |
| Nantucket County Massachusetts | 8 | $ 3,069,000 | $ 383,000 | $ 155,000 |
| Carroll County New Hampshire | 8 | $ 974,000 | $ 121,000 | $ 118,000 |
| Hartford County Connecticut | 6 | $ 1,338,000 | $ 223,000 | $ 166,000 |
| Bergen County New Jersey | 6 | $ 2,353,000 | $ 392,000 | $ 97,000 |
| Bristol County Rhode Island | 6 | $ 1,727,000 | $ 287,000 | $ 156,000 |
| York County Maine | 5 | $ 1,011,000 | $ 202,000 | $ 101,000 |
| Grafton County New Hampshire | 5 | $ 1,096,000 | $ 219,000 | $ 216,000 |
| Berkshire County Massachusetts | 4 | $ 1,238,000 | $ 309,000 | $ 176,000 |
| Monmouth County New Jersey | 4 | $ 1,538,000 | $ 384,000 | $ 77,000 |
| Queens County New York | 4 | $ 1,477,000 | $ 369,000 | $ 95,000 |
| Westchester County New York | 4 | $ 1,520,000 | $ 380,000 | $ 183,000 |
| Newport County Rhode Island | 4 | $ 1,289,000 | $ 322,000 | $ 226,000 |
| Oxford County Maine | 3 | $ 433,000 | $ 144,000 | $ 116,000 |
| Hampden County Massachusetts | 3 | $ 503,000 | $ 167,000 | $ 52,000 |
| Essex County New Jersey | 3 | $ 1,380,000 | $ 460,000 | $ 121,000 |
| Union County New Jersey | 3 | $ 948,000 | $ 316,000 | $ 191,000 |
| Tolland County Connecticut | 2 | $ 250,000 | $ 125,000 | $ 105,000 |
| Belknap County New Hampshire | 2 | $ 500,000 | $ 250,000 | $ 146,000 |
| Coos County New Hampshire | 2 | $ 183,000 | $ 91,000 | $ 153,000 |
| Merrimack County New Hampshire | 2 | $ 492,000 | $ 246,000 | $ 54,000 |
| Strafford County New Hampshire | 2 | $ 277,000 | $ 138,000 | $ 78,000 |
| Sullivan County New Hampshire | 2 | $ 571,000 | $ 285,000 | $ 270,000 |
| Hudson County New Jersey | 2 | $ 553,000 | $ 276,000 | $ 38,000 |
| Middlesex County New Jersey | 2 | $ 587,000 | $ 293,000 | $ 101,000 |
| Middlesex County Connecticut | 1 | $ 260,000 | $ 260,000 | $ 182,000 |
| New Haven County Connecticut | 1 | $ 151,000 | $ 151,000 | $ 65,000 |
| Windham County Connecticut | 1 | $ 230,000 | $ 230,000 | $ 406,000 |
| Hancock County Maine | 1 | $ 200,000 | $ 200,000 | $ 65,000 |
| Kennebec County Maine | 1 | $ 407,000 | $ 407,000 | $ 226,000 |
| Franklin County Massachusetts | 1 | $ 118,000 | $ 118,000 | $ 53,000 |
| Hampshire County Massachusetts | 1 | $ 268,000 | $ 268,000 | $ 113,000 |
| Ocean County New Jersey | 1 | $ 208,000 | $ 208,000 | $ 0 |
| Bronx County New York | 1 | $ 175,000 | $ 175,000 | $ 56,000 |
| Dutchess County New York | 1 | $ 114,000 | $ 114,000 | $ 37,000 |
| Rockland County New York | 1 | $ 276,000 | $ 276,000 | $ 182,000 |
| Suffolk County New York | 1 | $ 625,000 | $ 625,000 | $ 261,000 |
| Windham County Vermont | 1 | $ 195,000 | $ 195,000 | $ 380,000 |
| Windsor County Vermont | 1 | $ 88,000 | $ 88,000 | $ 100,000 |
Mortgage Loan Application Detail Totals for Eastern Bank in 2009
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 | 2,490 | $618,726,000 | $248,000 | $8,250,000 | $113,000 | $9,504,000 |
| Home Purchase | 1,062 | $230,179,000 | $216,000 | $2,150,000 | $86,000 | $1,800,000 |
| Home Improvement | 3 | $3,070,000 | $1,023,000 | $1,550,000 | $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 | 2,672 | $622,937,000 | $233,000 | $1,080,000 | $101,000 | $1,800,000 |
| Not Provided | 562 | $139,572,000 | $248,000 | $1,166,000 | $141,000 | $9,504,000 |
| Hispanic | 122 | $23,918,000 | $196,000 | $750,000 | $60,000 | $399,000 |
| Asian | 88 | $22,537,000 | $256,000 | $1,000,000 | $104,000 | $433,000 |
| Black or African American | 85 | $18,507,000 | $217,000 | $439,000 | $73,000 | $217,000 |
| Not applicable | 17 | $22,279,000 | $1,310,000 | $8,250,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 5 | $1,508,000 | $301,000 | $431,000 | $92,000 | $176,000 |
| American Indian or Alaskan Native | 4 | $717,000 | $179,000 | $232,000 | $105,000 | $138,000 |
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) | 3,052 | $723,137,000 | $236,000 | $8,250,000 | $111,000 | $9,504,000 |
| FHA-insured (Federal Housing Administration) | 483 | $123,813,000 | $256,000 | $596,000 | $67,000 | $300,000 |
| VA-guaranteed (Veterans Administration) | 15 | $4,090,000 | $272,000 | $414,000 | $78,000 | $118,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 5 | $935,000 | $187,000 | $230,000 | $59,000 | $81,000 |
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 | 2,541 | $595,037,000 | $234,000 | $8,250,000 | $102,000 | $1,800,000 |
| Application Denied By Financial Institution | 362 | $89,901,000 | $248,000 | $1,000,000 | $90,000 | $984,000 |
| Application Withdrawn By Applicant | 334 | $85,708,000 | $256,000 | $995,000 | $146,000 | $9,504,000 |
| Application Approved But Not Accepted | 147 | $39,133,000 | $266,000 | $2,500,000 | $131,000 | $7,013,000 |
| File Closed For Incompleteness | 116 | $28,512,000 | $245,000 | $615,000 | $88,000 | $480,000 |
| Preapproval Denied by Financial Institution | 40 | $7,978,000 | $199,000 | $347,000 | $54,000 | $94,000 |
| Loan Purchased By The Institution | 15 | $5,706,000 | $380,000 | $619,000 | $43,000 | $249,000 |
| Preapproval Approved but not Accepted | 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 | 131 | $30,940,000 | $236,000 | $1,000,000 | $53,000 | $301,000 |
| Collateral | 126 | $33,899,000 | $269,000 | $1,000,000 | $118,000 | $791,000 |
| Credit History | 56 | $11,113,000 | $198,000 | $365,000 | $59,000 | $151,000 |
| Other | 54 | $12,647,000 | $234,000 | $460,000 | $102,000 | $309,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 14 | $3,735,000 | $266,000 | $750,000 | $84,000 | $220,000 |
| Unverifiable Information | 13 | $3,517,000 | $270,000 | $417,000 | $167,000 | $984,000 |
| Employment History | 4 | $1,089,000 | $272,000 | $308,000 | $59,000 | $82,000 |
| Mortgage Insurance Denied | 3 | $657,000 | $219,000 | $270,000 | $119,000 | $265,000 |
| Credit Application Incomplete | 1 | $282,000 | $282,000 | $282,000 | $96,000 | $96,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Eastern Bank's 2009 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 Eastern Bank'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.