Fidelity Co-Operative Bank Mortgage Lending & HMDA Data, 2017
In 2017, Fidelity Co-Operative Bank of Leominster, MA reported 434 mortgage applications totaling $136.7 million, down 38% from 2016. The average application was for $314,921, and applicants reported an average income of $126,368. 68% of its applications resulted in an originated loan and 15% were denied. Its largest markets were Worcester, MA-CT (283), Cambridge-Newton-Framingham, MA (77) and Boston, MA (35) (applications in parentheses).
| Mortgage Company & Address | Fidelity Co-Operative Bank 9 Leominster Connector Leominster, MA 01453 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 434 |
| Total Mortgage Loan Application Amount | $136,676,000 |
| Average Mortgage Loan Application Amount | $314,921 |
| Highest Mortgage Loan Application Amount | $12,485,000 |
| Average Applicant Income | $126,368 |
| Highest Applicant Income | $1,029,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Fidelity Co-Operative Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Worcester, Massachusetts | 283 | $ 80,656,000 | $ 285,003 | $ 102,000 |
| Middlesex, Massachusetts | 56 | $ 22,804,000 | $ 407,214 | $ 198,000 |
| Essex, Massachusetts | 21 | $ 6,879,000 | $ 327,571 | $ 131,000 |
| Norfolk, Massachusetts | 13 | $ 6,037,000 | $ 464,384 | $ 184,000 |
| Suffolk, Massachusetts | 13 | $ 5,294,000 | $ 407,230 | $ 190,000 |
| Plymouth, Massachusetts | 9 | $ 3,171,000 | $ 352,333 | $ 173,000 |
| Hillsborough, New Hampshire | 8 | $ 1,573,000 | $ 196,625 | $ 116,000 |
| Barnstable, Massachusetts | 5 | $ 1,861,000 | $ 372,200 | $ 202,000 |
| Cheshire, New Hampshire | 4 | $ 940,000 | $ 235,000 | $ 54,000 |
| York, Maine | 2 | $ 690,000 | $ 345,000 | $ 187,000 |
| Bristol, Massachusetts | 2 | $ 436,000 | $ 218,000 | $ 69,000 |
| Franklin, Massachusetts | 2 | $ 414,000 | $ 207,000 | $ 147,000 |
| Hampshire, Massachusetts | 2 | $ 808,000 | $ 404,000 | $ 148,000 |
| Belknap, New Hampshire | 2 | $ 532,000 | $ 266,000 | $ 298,000 |
| Rockingham, New Hampshire | 2 | $ 330,000 | $ 165,000 | $ 103,000 |
| Tolland, Connecticut | 1 | $ 450,000 | $ 450,000 | $ 240,000 |
| Lee, Florida | 1 | $ 1,635,000 | $ 1,635,000 | $ 0 |
| Cumberland, Maine | 1 | $ 127,000 | $ 127,000 | $ 104,000 |
| Lincoln, Maine | 1 | $ 300,000 | $ 300,000 | $ 79,000 |
| Oxford, Maine | 1 | $ 220,000 | $ 220,000 | $ 169,000 |
| Hampden, Massachusetts | 1 | $ 157,000 | $ 157,000 | $ 54,000 |
| Carroll, New Hampshire | 1 | $ 750,000 | $ 750,000 | $ 200,000 |
| Sullivan, New Hampshire | 1 | $ 370,000 | $ 370,000 | $ 268,000 |
| York, Pennsylvania | 1 | $ 47,000 | $ 47,000 | $ 545,000 |
Mortgage Loan Application Detail Totals for Fidelity Co-Operative Bank 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 | 242 | $87,281,000 | $360,000 | $12,485,000 | $122,000 | $508,000 |
| Refinancing | 156 | $39,406,000 | $252,000 | $1,635,000 | $130,000 | $1,029,000 |
| Home Improvement | 36 | $9,989,000 | $277,000 | $864,000 | $140,000 | $349,000 |
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 | 370 | $97,667,000 | $263,000 | $1,312,000 | $129,000 | $1,029,000 |
| Asian | 21 | $8,602,000 | $409,000 | $1,162,000 | $175,000 | $371,000 |
| Hispanic | 17 | $2,963,000 | $174,000 | $272,000 | $83,000 | $219,000 |
| Not applicable | 16 | $25,910,000 | $1,619,000 | $12,485,000 | $0 | $0 |
| Not Provided | 9 | $1,320,000 | $146,000 | $372,000 | $203,000 | $545,000 |
| Black or African American | 1 | $214,000 | $214,000 | $214,000 | $124,000 | $124,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 428 | $135,555,000 | $316,000 | $12,485,000 | $127,000 | $1,029,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 3 | $560,000 | $186,000 | $207,000 | $66,000 | $83,000 |
| FHA-insured (Federal Housing Administration) | 2 | $377,000 | $188,000 | $222,000 | $53,000 | $72,000 |
| VA-guaranteed (Veterans Administration) | 1 | $184,000 | $184,000 | $184,000 | $71,000 | $71,000 |
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 | 294 | $77,553,000 | $263,000 | $1,635,000 | $122,000 | $487,000 |
| Application Denied By Financial Institution | 66 | $19,053,000 | $288,000 | $1,312,000 | $149,000 | $1,029,000 |
| Application Withdrawn By Applicant | 37 | $21,104,000 | $570,000 | $12,485,000 | $127,000 | $979,000 |
| Application Approved But Not Accepted | 23 | $7,638,000 | $332,000 | $900,000 | $139,000 | $508,000 |
| File Closed For Incompleteness | 13 | $11,133,000 | $856,000 | $4,100,000 | $96,000 | $436,000 |
| Preapproval Denied by Financial Institution | 1 | $195,000 | $195,000 | $195,000 | $47,000 | $47,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| 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 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Fidelity Co-Operative Bank's 2017 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 Fidelity Co-Operative 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.
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