Farmington Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2018

Farmington Bank 2018 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 Farmington Bank
One Farm Glen Boulevard
Farmington, CT 06032
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 1,581
Total Mortgage Loan Application Amount $512,845,000
Average Mortgage Loan Application Amount $283,250
Highest Mortgage Loan Application Amount $28,495,000
Average Applicant Income $160,750
Highest Applicant Income $3,580,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2018 with Farmington 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 Farmington Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.

Our HMDA dataset for 2018 breaks down Farmington 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 Farmington Bank serves its applicants.

Each category highlights the total number of mortgage applications processed by Farmington 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 Farmington Bank's mortgage activity for 2018.

Mortgage Loan Application Totals for Farmington Bank by County in 2018

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Hartford County Connecticut 761 $ 149,295,000 $ 196,000 $ 111,000
Hampden County Massachusetts 103 $ 19,645,000 $ 190,000 $ 71,000
Fairfield County Connecticut 72 $ 48,520,000 $ 673,000 $ 270,000
New Haven County Connecticut 61 $ 40,695,000 $ 667,000 $ 117,000
Tolland County Connecticut 47 $ 10,355,000 $ 220,000 $ 114,000
Middlesex County Massachusetts 41 $ 20,995,000 $ 512,000 $ 231,000
Essex County Massachusetts 40 $ 14,200,000 $ 355,000 $ 175,000
Middlesex County Connecticut 36 $ 10,970,000 $ 304,000 $ 117,000
Norfolk County Massachusetts 36 $ 19,310,000 $ 536,000 $ 248,000
Suffolk County Massachusetts 30 $ 17,080,000 $ 569,000 $ 229,000
Worcester County Massachusetts 30 $ 9,140,000 $ 304,000 $ 156,000
Hudson County New Jersey 23 $ 10,915,000 $ 474,000 $ 319,000
Westchester County New York 23 $ 14,495,000 $ 630,000 $ 268,000
Litchfield County Connecticut 22 $ 3,600,000 $ 163,000 $ 111,000
Kings County New York 21 $ 13,925,000 $ 663,000 $ 365,000
Bergen County New Jersey 19 $ 9,455,000 $ 497,000 $ 317,000
Middlesex County New Jersey 18 $ 5,570,000 $ 309,000 $ 209,000
Barnstable County Massachusetts 15 $ 6,255,000 $ 417,000 $ 218,000
New London County Connecticut 13 $ 2,815,000 $ 216,000 $ 181,000
Monmouth County New Jersey 13 $ 5,645,000 $ 434,000 $ 261,000
Morris County New Jersey 11 $ 6,825,000 $ 620,000 $ 312,000
Somerset County New Jersey 10 $ 3,810,000 $ 381,000 $ 183,000
Union County New Jersey 10 $ 3,610,000 $ 361,000 $ 274,000
Bristol County Massachusetts 8 $ 3,290,000 $ 411,000 $ 548,000
Burlington County New Jersey 7 $ 1,675,000 $ 239,000 $ 106,000
Hillsborough County New Hampshire 6 $ 2,520,000 $ 420,000 $ 241,000
Essex County New Jersey 6 $ 2,550,000 $ 425,000 $ 191,000
Nassau County New York 6 $ 5,210,000 $ 868,000 $ 612,000
New York County New York 6 $ 15,620,000 $ 2,603,000 $ 250,000
Windham County Connecticut 5 $ 1,135,000 $ 227,000 $ 178,000
Plymouth County Massachusetts 5 $ 2,365,000 $ 473,000 $ 171,000
Queens County New York 5 $ 3,005,000 $ 601,000 $ 153,000
Chester County Pennsylvania 5 $ 2,555,000 $ 511,000 $ 186,000
Cumberland County Maine 4 $ 1,920,000 $ 480,000 $ 205,000
Lehigh County Pennsylvania 4 $ 800,000 $ 200,000 $ 0
Montgomery County Pennsylvania 4 $ 1,560,000 $ 390,000 $ 421,000
Northampton County Pennsylvania 4 $ 1,460,000 $ 365,000 $ 460,000
Hampshire County Massachusetts 3 $ 905,000 $ 301,000 $ 98,000
Rockingham County New Hampshire 3 $ 925,000 $ 308,000 $ 66,000
Ocean County New Jersey 3 $ 905,000 $ 301,000 $ 578,000
Warren County New Jersey 3 $ 535,000 $ 178,000 $ 0
Rockland County New York 3 $ 1,455,000 $ 485,000 $ 201,000
Carroll County New Hampshire 2 $ 790,000 $ 395,000 $ 370,000
Strafford County New Hampshire 2 $ 440,000 $ 220,000 $ 231,000
Hunterdon County New Jersey 2 $ 840,000 $ 420,000 $ 0
Mercer County New Jersey 2 $ 590,000 $ 295,000 $ 0
Sussex County New Jersey 2 $ 870,000 $ 435,000 $ 277,000
Suffolk County New York 2 $ 1,040,000 $ 520,000 $ 441,000
Cumberland County Pennsylvania 2 $ 830,000 $ 415,000 $ 155,000
Providence County Rhode Island 2 $ 800,000 $ 400,000 $ 184,000
Lincoln County Maine 1 $ 1,005,000 $ 1,005,000 $ 560,000
Berkshire County Massachusetts 1 $ 325,000 $ 325,000 $ 0
Dukes County Massachusetts 1 $ 105,000 $ 105,000 $ 509,000
Franklin County Massachusetts 1 $ 175,000 $ 175,000 $ 62,000
Nantucket County Massachusetts 1 $ 1,065,000 $ 1,065,000 $ 379,000
Merrimack County New Hampshire 1 $ 255,000 $ 255,000 $ 127,000
Cape May County New Jersey 1 $ 645,000 $ 645,000 $ 266,000
Dutchess County New York 1 $ 295,000 $ 295,000 $ 0
Orange County New York 1 $ 335,000 $ 335,000 $ 0
Richmond County New York 1 $ 645,000 $ 645,000 $ 172,000
Allegheny County Pennsylvania 1 $ 235,000 $ 235,000 $ 0
Bucks County Pennsylvania 1 $ 205,000 $ 205,000 $ 0
Dauphin County Pennsylvania 1 $ 325,000 $ 325,000 $ 0
Delaware County Pennsylvania 1 $ 455,000 $ 455,000 $ 0
Lackawanna County Pennsylvania 1 $ 135,000 $ 135,000 $ 0
Lancaster County Pennsylvania 1 $ 215,000 $ 215,000 $ 99,000
Lycoming County Pennsylvania 1 $ 485,000 $ 485,000 $ 184,000
Philadelphia County Pennsylvania 1 $ 1,145,000 $ 1,145,000 $ 744,000
Kent County Rhode Island 1 $ 455,000 $ 455,000 $ 229,000
Newport County Rhode Island 1 $ 625,000 $ 625,000 $ 407,000

Mortgage Loan Application Detail Totals for Farmington Bank 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 987 $333,495,000 $337,000 $28,495,000 $140,000 $954,000
Refinancing 264 $100,970,000 $382,000 $7,005,000 $208,000 $3,580,000
Cash-out Refinancing 207 $67,405,000 $325,000 $1,405,000 $161,000 $1,345,000
Home Improvement 123 $10,975,000 $89,000 $1,005,000 $134,000 $640,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 916 $290,620,000 $317,000 $2,155,000 $162,000 $3,580,000
Not applicable 360 $141,790,000 $393,000 $28,495,000 $0 $0
Not Provided 80 $20,620,000 $257,000 $905,000 $151,000 $555,000
Hispanic 75 $15,415,000 $205,000 $1,055,000 $88,000 $659,000
Black or African American 72 $13,980,000 $194,000 $1,215,000 $89,000 $509,000
Asian 70 $27,330,000 $390,000 $1,415,000 $193,000 $1,173,000
American Indian or Alaskan Native 1 $125,000 $125,000 $125,000 $44,000 $44,000
Native Hawaiian or Other Pacific Islander 1 $615,000 $615,000 $615,000 $205,000 $205,000

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) 1,498 $496,880,000 $331,000 $28,495,000 $160,000 $3,580,000
FHA-insured (Federal Housing Administration) 79 $14,535,000 $183,000 $335,000 $60,000 $163,000
VA-guaranteed (Veterans Administration) 4 $1,430,000 $357,000 $445,000 $91,000 $155,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 942 $340,470,000 $361,000 $28,495,000 $159,000 $3,580,000
Loan Purchased By The Institution 334 $87,490,000 $261,000 $565,000 $0 $0
Application Denied By Financial Institution 159 $31,595,000 $198,000 $2,005,000 $112,000 $744,000
Application Withdrawn By Applicant 118 $45,040,000 $381,000 $3,005,000 $163,000 $1,173,000
File Closed For Incompleteness 21 $5,735,000 $273,000 $1,205,000 $167,000 $509,000
Application Approved But Not Accepted 7 $2,515,000 $359,000 $1,265,000 $173,000 $534,000
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
Not applicable 1,422 $481,250,000 $338,000 $28,495,000 $160,000 $3,580,000
Debt-To-Income Ratio 56 $11,520,000 $205,000 $2,005,000 $76,000 $403,000
Collateral 48 $10,430,000 $217,000 $1,235,000 $182,000 $744,000
Credit History 25 $3,855,000 $154,000 $625,000 $102,000 $350,000
Credit Application Incomplete 13 $2,375,000 $182,000 $455,000 $73,000 $162,000
Other 11 $1,635,000 $148,000 $255,000 $75,000 $205,000
Unverifiable Information 3 $1,445,000 $481,000 $975,000 $98,000 $252,000
Employment History 3 $335,000 $111,000 $175,000 $40,000 $62,000
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 Farmington Bank'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 Farmington 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.
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