Fidelity Co-Operative Bank Mortgage Lending & HMDA Data, 2011
In 2011, Fidelity Co-Operative Bank of Leominster, MA reported 517 mortgage applications totaling $101.5 million, down 30% from 2010. The average application was for $196,336, and applicants reported an average income of $102,512. 83% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Worcester, MA (407), Cambridge-Newton-Framingham, MA (81) and Boston-Quincy, MA (9) (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 | 517 |
| Total Mortgage Loan Application Amount | $101,506,000 |
| Average Mortgage Loan Application Amount | $196,336 |
| Highest Mortgage Loan Application Amount | $4,060,000 |
| Average Applicant Income | $102,512 |
| Highest Applicant Income | $958,000 |
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records Fidelity Co-Operative Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| 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 | 407 | $ 77,877,000 | $ 191,343 | $ 98,000 |
| Cambridge-Newton-Framingham, MA | 81 | $ 16,761,000 | $ 206,925 | $ 110,000 |
| Boston-Quincy, MA | 9 | $ 2,584,000 | $ 287,111 | $ 127,000 |
| Barnstable Town, MA | 5 | $ 1,047,000 | $ 209,400 | $ 313,000 |
| Springfield, MA | 4 | $ 916,000 | $ 229,000 | $ 87,000 |
| Manchester-Nashua, NH | 2 | $ 280,000 | $ 140,000 | $ 135,000 |
| Providence-New Bedford-Fall River, RI-MA | 2 | $ 470,000 | $ 235,000 | $ 110,000 |
| Peabody, MA | 1 | $ 250,000 | $ 250,000 | $ 106,000 |
| Portland-South Portland-Biddeford, ME | 1 | $ 305,000 | $ 305,000 | $ 80,000 |
Mortgage Loan Application Detail Totals for Fidelity Co-Operative Bank in 2011
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 | 363 | $74,191,000 | $204,000 | $4,060,000 | $107,000 | $958,000 |
| Home Purchase | 136 | $24,927,000 | $183,000 | $1,275,000 | $91,000 | $280,000 |
| Home Improvement | 18 | $2,388,000 | $132,000 | $471,000 | $99,000 | $283,000 |
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 | 402 | $69,644,000 | $173,000 | $500,000 | $101,000 | $900,000 |
| Not Provided | 98 | $19,857,000 | $202,000 | $524,000 | $120,000 | $958,000 |
| Not applicable | 7 | $10,448,000 | $1,492,000 | $4,060,000 | $11,000 | $79,000 |
| Asian | 6 | $1,149,000 | $191,000 | $416,000 | $91,000 | $184,000 |
| Hispanic | 4 | $408,000 | $102,000 | $148,000 | $59,000 | $119,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Black or African American | 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) | 512 | $100,602,000 | $196,000 | $4,060,000 | $103,000 | $958,000 |
| FHA-insured (Federal Housing Administration) | 4 | $732,000 | $183,000 | $227,000 | $47,000 | $78,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $172,000 | $172,000 | $172,000 | $63,000 | $63,000 |
| 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 | 430 | $87,598,000 | $203,000 | $4,060,000 | $99,000 | $404,000 |
| Application Denied By Financial Institution | 49 | $7,605,000 | $155,000 | $417,000 | $136,000 | $958,000 |
| Application Withdrawn By Applicant | 36 | $6,134,000 | $170,000 | $380,000 | $108,000 | $377,000 |
| File Closed For Incompleteness | 2 | $169,000 | $84,000 | $103,000 | $74,000 | $118,000 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 9 | $1,245,000 | $138,000 | $174,000 | $92,000 | $124,000 |
| Collateral | 8 | $1,271,000 | $158,000 | $276,000 | $188,000 | $958,000 |
| Credit Application Incomplete | 2 | $534,000 | $267,000 | $336,000 | $120,000 | $158,000 |
| Credit History | 2 | $325,000 | $162,000 | $205,000 | $54,000 | $78,000 |
| Employment History | 1 | $80,000 | $80,000 | $80,000 | $31,000 | $31,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $50,000 | $50,000 | $50,000 | $26,000 | $26,000 |
| Mortgage Insurance Denied | 1 | $54,000 | $54,000 | $54,000 | $46,000 | $46,000 |
| Other | 1 | $100,000 | $100,000 | $100,000 | $90,000 | $90,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Fidelity Co-Operative Bank's 2011 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