Shoreham Bank Mortgage Lending & HMDA Data, 2024
In 2024, Shoreham Bank of Warwick, RI reported 1,680 mortgage applications totaling $223.1 million, down 6% from 2023. The average application was for $132,767, and applicants reported an average income of $133,763. 43% of its applications resulted in an originated loan and 29% were denied. Its largest markets were Providence-Warwick, RI-MA (320), Kansas City, MO-KS (47) and Los Angeles-Long Beach-Glendale, CA (43) (applications in parentheses).
| Mortgage Company & Address | Shoreham Bank One Home Loan Plaza Warwick, RI 02886 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 |
| Total Number of Mortgage Applications | 1,680 |
| Total Mortgage Loan Application Amount | $223,050,000 |
| Average Mortgage Loan Application Amount | $132,767 |
| Highest Mortgage Loan Application Amount | $2,885,000 |
| Average Applicant Income | $133,763 |
| Highest Applicant Income | $1,564,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Shoreham Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Providence-Warwick, RI-MA | 320 | $ 84,930,000 | $ 265,406 | $ 135,143 |
| Outside any metro area | 261 | $ 14,515,000 | $ 55,613 | $ 118,517 |
| Kansas City, MO-KS | 47 | $ 1,115,000 | $ 23,723 | $ 128,340 |
| Los Angeles-Long Beach-Glendale, CA | 43 | $ 1,055,000 | $ 24,534 | $ 122,000 |
| Cambridge-Newton-Framingham, MA | 41 | $ 14,215,000 | $ 346,707 | $ 156,000 |
| Dover, DE | 28 | $ 650,000 | $ 23,214 | $ 91,000 |
| Chicago-Naperville, IL | 26 | $ 1,220,000 | $ 46,923 | $ 141,000 |
| Milwaukee-Waukesha-West Allis, WI | 25 | $ 565,000 | $ 22,600 | $ 103,000 |
| Riverside-San Bernardino-Ontario, CA | 24 | $ 2,510,000 | $ 104,583 | $ 146,000 |
| Rockingham County-Strafford County, NH | 22 | $ 10,750,000 | $ 488,636 | $ 202,000 |
| Manchester-Nashua, NH | 20 | $ 5,930,000 | $ 296,500 | $ 195,000 |
| Phoenix-Mesa-Scottsdale, AZ | 17 | $ 4,185,000 | $ 246,176 | $ 248,000 |
| Baltimore-Columbia-Towson, MD | 16 | $ 930,000 | $ 58,125 | $ 144,000 |
| Boston, MA | 16 | $ 6,260,000 | $ 391,250 | $ 160,000 |
| Lake County-Porter County-Jasper County, IN | 16 | $ 370,000 | $ 23,125 | $ 97,000 |
| Worcester, MA-CT | 16 | $ 4,900,000 | $ 306,250 | $ 145,000 |
| Charlotte-Concord-Gastonia, NC-SC | 15 | $ 465,000 | $ 31,000 | $ 125,466 |
| Denver-Aurora-Lakewood, CO | 15 | $ 1,215,000 | $ 81,000 | $ 187,000 |
| Hartford-West Hartford-East Hartford, CT | 15 | $ 4,085,000 | $ 272,333 | $ 131,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 15 | $ 355,000 | $ 23,666 | $ 123,000 |
| Jacksonville, FL | 14 | $ 650,000 | $ 46,428 | $ 122,000 |
| Atlanta-Sandy Springs-Roswell, GA | 12 | $ 520,000 | $ 43,333 | $ 129,000 |
| Tampa, FL | 12 | $ 1,090,000 | $ 90,833 | $ 119,000 |
| Wilmington, DE-MD-NJ | 12 | $ 300,000 | $ 25,000 | $ 171,083 |
| Appleton, WI | 11 | $ 275,000 | $ 25,000 | $ 60,000 |
| Columbus, OH | 11 | $ 235,000 | $ 21,363 | $ 159,000 |
| Naples-Immokalee-Marco Island, FL | 11 | $ 1,515,000 | $ 137,727 | $ 166,000 |
| Greensboro-High Point, NC | 10 | $ 310,000 | $ 31,000 | $ 77,000 |
| Houston-The Woodlands-Sugar Land, TX | 10 | $ 250,000 | $ 25,000 | $ 222,000 |
| Indianapolis-Carmel-Anderson, IN | 10 | $ 400,000 | $ 40,000 | $ 127,000 |
| Lafayette, LA | 10 | $ 250,000 | $ 25,000 | $ 128,000 |
| New York-Jersey City-White Plains, NY-NJ | 10 | $ 550,000 | $ 55,000 | $ 150,400 |
| Orlando-Kissimmee-Sanford, FL | 10 | $ 220,000 | $ 22,000 | $ 161,000 |
| Tulsa, OK | 10 | $ 340,000 | $ 34,000 | $ 93,000 |
| Washington, DC-MD | 10 | $ 1,230,000 | $ 123,000 | $ 197,000 |
| Greenville-Anderson-Mauldin, SC | 9 | $ 235,000 | $ 26,111 | $ 102,000 |
| Newark, NJ-PA | 9 | $ 2,085,000 | $ 231,666 | $ 183,000 |
| Oshkosh-Neenah, WI | 8 | $ 190,000 | $ 23,750 | $ 60,000 |
| Salisbury, MD-DE | 8 | $ 190,000 | $ 23,750 | $ 108,000 |
| St. Louis, MO-IL | 8 | $ 510,000 | $ 63,750 | $ 152,000 |
| Arlington-Alexandria-Reston, VA-WV | 7 | $ 165,000 | $ 23,571 | $ 132,000 |
| Columbia, SC | 7 | $ 145,000 | $ 20,714 | $ 147,000 |
| Raleigh, NC | 7 | $ 175,000 | $ 25,000 | $ 110,000 |
| Warren-Troy-Farmington Hills, MI | 7 | $ 185,000 | $ 26,428 | $ 94,000 |
| Wilmington, NC | 7 | $ 165,000 | $ 23,571 | $ 83,000 |
| Winston-Salem, NC | 7 | $ 255,000 | $ 36,428 | $ 120,000 |
| Camden, NJ | 6 | $ 670,000 | $ 111,666 | $ 131,000 |
| Cape Coral-Fort Myers, FL | 6 | $ 510,000 | $ 85,000 | $ 147,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 6 | $ 150,000 | $ 25,000 | $ 170,000 |
| Jacksonville, NC | 6 | $ 110,000 | $ 18,333 | $ 79,000 |
| Norwich-New London, CT | 6 | $ 1,350,000 | $ 225,000 | $ 124,000 |
| Pittsburgh, PA | 6 | $ 340,000 | $ 56,666 | $ 146,000 |
| Reading, PA | 6 | $ 120,000 | $ 20,000 | $ 134,000 |
| Sacramento--Roseville--Arden-Arcade, CA | 6 | $ 2,460,000 | $ 410,000 | $ 242,000 |
| Springfield, MA | 6 | $ 450,000 | $ 75,000 | $ 175,000 |
| Tucson, AZ | 6 | $ 1,140,000 | $ 190,000 | $ 124,000 |
| Chattanooga, TN-GA | 5 | $ 1,825,000 | $ 365,000 | $ 147,800 |
| Dallas-Plano-Irving, TX | 5 | $ 125,000 | $ 25,000 | $ 96,000 |
| Gettysburg, PA | 5 | $ 105,000 | $ 21,000 | $ 125,000 |
| Green Bay, WI | 5 | $ 125,000 | $ 25,000 | $ 59,000 |
| Knoxville, TN | 5 | $ 115,000 | $ 23,000 | $ 102,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 5 | $ 375,000 | $ 75,000 | $ 128,400 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 5 | $ 635,000 | $ 127,000 | $ 114,000 |
| Nassau County-Suffolk County, NY | 5 | $ 355,000 | $ 71,000 | $ 134,000 |
| New Haven-Milford, CT | 5 | $ 2,835,000 | $ 567,000 | $ 235,000 |
| Oklahoma City, OK | 5 | $ 125,000 | $ 25,000 | $ 185,000 |
| Reno, NV | 5 | $ 845,000 | $ 169,000 | $ 159,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 5 | $ 405,000 | $ 81,000 | $ 122,600 |
| Anaheim-Santa Ana-Irvine, CA | 4 | $ 560,000 | $ 140,000 | $ 500,000 |
| Bridgeport-Stamford-Norwalk, CT | 4 | $ 1,620,000 | $ 405,000 | $ 227,000 |
| Cincinnati, OH-KY-IN | 4 | $ 860,000 | $ 215,000 | $ 185,500 |
| Des Moines-West Des Moines, IA | 4 | $ 500,000 | $ 125,000 | $ 104,000 |
| Elgin, IL | 4 | $ 100,000 | $ 25,000 | $ 181,000 |
| Fayetteville, NC | 4 | $ 60,000 | $ 15,000 | $ 85,000 |
| Florence, SC | 4 | $ 320,000 | $ 80,000 | $ 84,000 |
| Lake Charles, LA | 4 | $ 100,000 | $ 25,000 | $ 169,000 |
| Marietta, GA | 4 | $ 100,000 | $ 25,000 | $ 65,000 |
| Montgomery County-Bucks County-Chester County, PA | 4 | $ 90,000 | $ 22,500 | $ 114,000 |
| North Port-Sarasota-Bradenton, FL | 4 | $ 690,000 | $ 172,500 | $ 112,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 4 | $ 1,080,000 | $ 270,000 | $ 202,000 |
| Philadelphia, PA | 4 | $ 990,000 | $ 247,500 | $ 204,000 |
| Richmond, VA | 4 | $ 670,000 | $ 167,500 | $ 130,000 |
| San Diego-Carlsbad, CA | 4 | $ 2,580,000 | $ 645,000 | $ 224,000 |
| South Bend-Mishawaka, IN-MI | 4 | $ 70,000 | $ 17,500 | $ 92,000 |
| Spokane-Spokane Valley, WA | 4 | $ 100,000 | $ 25,000 | $ 97,000 |
| Waterbury-Shelton, CT | 4 | $ 580,000 | $ 145,000 | $ 123,000 |
| Akron, OH | 3 | $ 395,000 | $ 131,666 | $ 126,000 |
| Albany-Schenectady-Troy, NY | 3 | $ 185,000 | $ 61,666 | $ 82,000 |
| Asheville, NC | 3 | $ 45,000 | $ 15,000 | $ 74,000 |
| Bakersfield, CA | 3 | $ 365,000 | $ 121,666 | $ 132,000 |
| Baton Rouge, LA | 3 | $ 65,000 | $ 21,666 | $ 114,000 |
| Charleston-North Charleston, SC | 3 | $ 225,000 | $ 75,000 | $ 168,000 |
| Cheyenne, WY | 3 | $ 165,000 | $ 55,000 | $ 121,000 |
| Cleveland, OH | 3 | $ 75,000 | $ 25,000 | $ 176,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 3 | $ 985,000 | $ 328,333 | $ 175,000 |
| Fort Wayne, IN | 3 | $ 75,000 | $ 25,000 | $ 66,000 |
| Gainesville, FL | 3 | $ 65,000 | $ 21,666 | $ 137,000 |
| Homosassa Springs, FL | 3 | $ 65,000 | $ 21,666 | $ 71,000 |
| Johnstown, PA | 3 | $ 75,000 | $ 25,000 | $ 121,000 |
| Las Vegas-Henderson-Paradise, NV | 3 | $ 1,425,000 | $ 475,000 | $ 202,000 |
| Mansfield, OH | 3 | $ 25,000 | $ 8,333 | $ 64,000 |
| Miami-Miami Beach-Kendall, FL | 3 | $ 1,215,000 | $ 405,000 | $ 176,000 |
| Peoria, IL | 3 | $ 65,000 | $ 21,666 | $ 103,000 |
| Port St. Lucie, FL | 3 | $ 155,000 | $ 51,666 | $ 176,000 |
| Punta Gorda, FL | 3 | $ 815,000 | $ 271,666 | $ 217,000 |
| Racine, WI | 3 | $ 75,000 | $ 25,000 | $ 70,000 |
| Salem, OR | 3 | $ 835,000 | $ 278,333 | $ 152,000 |
| Seattle-Bellevue-Everett, WA | 3 | $ 1,925,000 | $ 641,666 | $ 297,000 |
| St. Petersburg-Clearwater-Largo, FL | 3 | $ 775,000 | $ 258,333 | $ 139,000 |
| Syracuse, NY | 3 | $ 625,000 | $ 208,333 | $ 213,000 |
| Wichita, KS | 3 | $ 75,000 | $ 25,000 | $ 114,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 2 | $ 40,000 | $ 20,000 | $ 76,000 |
| Augusta-Richmond County, GA-SC | 2 | $ 30,000 | $ 15,000 | $ 79,000 |
| Austin-Round Rock, TX | 2 | $ 350,000 | $ 175,000 | $ 148,000 |
| Barnstable Town, MA | 2 | $ 370,000 | $ 185,000 | $ 64,000 |
| Birmingham-Hoover, AL | 2 | $ 50,000 | $ 25,000 | $ 179,000 |
| Blacksburg-Christiansburg-Radford, VA | 2 | $ 50,000 | $ 25,000 | $ 56,000 |
| Boise City, ID | 2 | $ 1,150,000 | $ 575,000 | $ 282,000 |
| Buffalo-Cheektowaga-Niagara Falls, NY | 2 | $ 40,000 | $ 20,000 | $ 80,000 |
| Burlington, NC | 2 | $ 40,000 | $ 20,000 | $ 59,000 |
| Champaign-Urbana, IL | 2 | $ 30,000 | $ 15,000 | $ 56,000 |
| Clarksville, TN-KY | 2 | $ 50,000 | $ 25,000 | $ 53,000 |
| Cleveland, TN | 2 | $ 30,000 | $ 15,000 | $ 74,000 |
| Fort Worth-Arlington, TX | 2 | $ 50,000 | $ 25,000 | $ 203,000 |
| Greeley, CO | 2 | $ 400,000 | $ 200,000 | $ 137,000 |
| Harrisburg-Carlisle, PA | 2 | $ 40,000 | $ 20,000 | $ 75,000 |
| Hickory-Lenoir-Morganton, NC | 2 | $ 40,000 | $ 20,000 | $ 28,000 |
| Hinesville, GA | 2 | $ 40,000 | $ 20,000 | $ 121,000 |
| Houma-Thibodaux, LA | 2 | $ 40,000 | $ 20,000 | $ 117,000 |
| Kennewick-Richland, WA | 2 | $ 50,000 | $ 25,000 | $ 103,000 |
| Kingsport-Bristol-Bristol, TN-VA | 2 | $ 40,000 | $ 20,000 | $ 108,000 |
| Lakeland-Winter Haven, FL | 2 | $ 50,000 | $ 25,000 | $ 58,000 |
| Lakewood-New Brunswick, NJ | 2 | $ 660,000 | $ 330,000 | $ 219,000 |
| Lexington-Fayette, KY | 2 | $ 50,000 | $ 25,000 | $ 195,000 |
| Morgantown, WV | 2 | $ 30,000 | $ 15,000 | $ 137,000 |
| Morristown, TN | 2 | $ 40,000 | $ 20,000 | $ 79,000 |
| New Orleans-Metairie, LA | 2 | $ 30,000 | $ 15,000 | $ 48,000 |
| Ocala, FL | 2 | $ 40,000 | $ 20,000 | $ 79,000 |
| Olympia-Tumwater, WA | 2 | $ 1,080,000 | $ 540,000 | $ 245,000 |
| Portland-South Portland, ME | 2 | $ 620,000 | $ 310,000 | $ 170,000 |
| Portland-Vancouver-Hillsboro, OR-WA | 2 | $ 50,000 | $ 25,000 | $ 94,000 |
| Provo-Orem, UT | 2 | $ 1,480,000 | $ 740,000 | $ 260,000 |
| Scranton--Wilkes-Barre--Hazleton, PA | 2 | $ 150,000 | $ 75,000 | $ 125,000 |
| Shreveport-Bossier City, LA | 2 | $ 90,000 | $ 45,000 | $ 88,000 |
| Spartanburg, SC | 2 | $ 50,000 | $ 25,000 | $ 112,000 |
| Springfield, MO | 2 | $ 50,000 | $ 25,000 | $ 165,000 |
| Stockton-Lodi, CA | 2 | $ 50,000 | $ 25,000 | $ 145,000 |
| Tacoma-Lakewood, WA | 2 | $ 50,000 | $ 25,000 | $ 205,000 |
| Valdosta, GA | 2 | $ 30,000 | $ 15,000 | $ 222,000 |
| Waco, TX | 2 | $ 30,000 | $ 15,000 | $ 47,000 |
| Warner Robins, GA | 2 | $ 50,000 | $ 25,000 | $ 109,000 |
| Wausau, WI | 2 | $ 40,000 | $ 20,000 | $ 74,000 |
| Weirton-Steubenville, WV-OH | 2 | $ 80,000 | $ 40,000 | $ 122,500 |
| Winchester, VA-WV | 2 | $ 60,000 | $ 30,000 | $ 118,000 |
| York-Hanover, PA | 2 | $ 40,000 | $ 20,000 | $ 97,000 |
| Youngstown-Warren-Boardman, OH-PA | 2 | $ 50,000 | $ 25,000 | $ 19,000 |
| Albany, GA | 1 | $ 25,000 | $ 25,000 | $ 53,000 |
| Alexandria, LA | 1 | $ 25,000 | $ 25,000 | $ 180,000 |
| Amarillo, TX | 1 | $ 15,000 | $ 15,000 | $ 93,000 |
| Amherst Town-Northampton, MA | 1 | $ 115,000 | $ 115,000 | $ 163,000 |
| Atlantic City-Hammonton, NJ | 1 | $ 25,000 | $ 25,000 | $ 108,000 |
| Bangor, ME | 1 | $ 425,000 | $ 425,000 | $ 0 |
| Beckley, WV | 1 | $ 15,000 | $ 15,000 | $ 99,000 |
| Bend-Redmond, OR | 1 | $ 25,000 | $ 25,000 | $ 203,000 |
| Boulder, CO | 1 | $ 25,000 | $ 25,000 | $ 160,000 |
| Brownsville-Harlingen, TX | 1 | $ 25,000 | $ 25,000 | $ 104,000 |
| Charleston, WV | 1 | $ 25,000 | $ 25,000 | $ 153,000 |
| Coeur D'Alene, ID | 1 | $ 25,000 | $ 25,000 | $ 124,000 |
| Colorado Springs, CO | 1 | $ 25,000 | $ 25,000 | $ 195,000 |
| Crestview-Fort Walton Beach-Destin, FL | 1 | $ 25,000 | $ 25,000 | $ 228,000 |
| Dalton, GA | 1 | $ 215,000 | $ 215,000 | $ 44,000 |
| Davenport-Moline-Rock Island, IA-IL | 1 | $ 25,000 | $ 25,000 | $ 82,000 |
| Decatur, AL | 1 | $ 25,000 | $ 25,000 | $ 11,000 |
| Detroit-Dearborn-Livonia, MI | 1 | $ 405,000 | $ 405,000 | $ 151,000 |
| El Centro, CA | 1 | $ 15,000 | $ 15,000 | $ 114,000 |
| El Paso, TX | 1 | $ 25,000 | $ 25,000 | $ 63,000 |
| Elizabethtown-Fort Knox, KY | 1 | $ 25,000 | $ 25,000 | $ 43,000 |
| Elkhart-Goshen, IN | 1 | $ 15,000 | $ 15,000 | $ 100,000 |
| Elmira, NY | 1 | $ 15,000 | $ 15,000 | $ 64,000 |
| Erie, PA | 1 | $ 25,000 | $ 25,000 | $ 76,000 |
| Evansville, IN-KY | 1 | $ 65,000 | $ 65,000 | $ 39,000 |
| Everett, WA | 1 | $ 25,000 | $ 25,000 | $ 381,000 |
| Florence-Muscle Shoals, AL | 1 | $ 15,000 | $ 15,000 | $ 132,000 |
| Fort Collins, CO | 1 | $ 25,000 | $ 25,000 | $ 268,000 |
| Fort Smith, AR-OK | 1 | $ 25,000 | $ 25,000 | $ 59,000 |
| Glens Falls, NY | 1 | $ 15,000 | $ 15,000 | $ 114,000 |
| Goldsboro, NC | 1 | $ 25,000 | $ 25,000 | $ 89,000 |
| Greenville, NC | 1 | $ 25,000 | $ 25,000 | $ 50,000 |
| Hagerstown-Martinsburg, MD-WV | 1 | $ 25,000 | $ 25,000 | $ 92,000 |
| Hammond, LA | 1 | $ 25,000 | $ 25,000 | $ 159,000 |
| Hot Springs, AR | 1 | $ 15,000 | $ 15,000 | $ 95,000 |
| Jackson, MS | 1 | $ 25,000 | $ 25,000 | $ 42,000 |
| Joplin, MO | 1 | $ 25,000 | $ 25,000 | $ 162,000 |
| Kokomo, IN | 1 | $ 25,000 | $ 25,000 | $ 152,000 |
| Lake County-Kenosha County, IL-WI | 1 | $ 25,000 | $ 25,000 | $ 102,000 |
| Lansing-East Lansing, MI | 1 | $ 25,000 | $ 25,000 | $ 69,000 |
| Lincoln, NE | 1 | $ 25,000 | $ 25,000 | $ 117,000 |
| Little Rock-North Little Rock-Conway, AR | 1 | $ 25,000 | $ 25,000 | $ 45,000 |
| Lubbock, TX | 1 | $ 15,000 | $ 15,000 | $ 180,000 |
| Lynchburg, VA | 1 | $ 15,000 | $ 15,000 | $ 99,000 |
| Manhattan, KS | 1 | $ 15,000 | $ 15,000 | $ 60,000 |
| Memphis, TN-MS-AR | 1 | $ 15,000 | $ 15,000 | $ 124,000 |
| Mobile, AL | 1 | $ 15,000 | $ 15,000 | $ 110,000 |
| Montgomery, AL | 1 | $ 25,000 | $ 25,000 | $ 41,000 |
| Muskegon, MI | 1 | $ 25,000 | $ 25,000 | $ 107,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 1 | $ 15,000 | $ 15,000 | $ 68,000 |
| Oakland-Hayward-Berkeley, CA | 1 | $ 25,000 | $ 25,000 | $ 126,000 |
| Ogden-Clearfield, UT | 1 | $ 25,000 | $ 25,000 | $ 67,000 |
| Paducah, KY-IL | 1 | $ 25,000 | $ 25,000 | $ 128,000 |
| Palm Bay-Melbourne-Titusville, FL | 1 | $ 25,000 | $ 25,000 | $ 24,000 |
| Parkersburg-Vienna, WV | 1 | $ 25,000 | $ 25,000 | $ 94,000 |
| Pinehurst-Southern Pines, NC | 1 | $ 15,000 | $ 15,000 | $ 130,000 |
| Pittsfield, MA | 1 | $ 15,000 | $ 15,000 | $ 135,000 |
| Prescott Valley-Prescott, AZ | 1 | $ 15,000 | $ 15,000 | $ 41,000 |
| Pueblo, CO | 1 | $ 15,000 | $ 15,000 | $ 98,000 |
| Rochester, NY | 1 | $ 25,000 | $ 25,000 | $ 142,000 |
| Rockford, IL | 1 | $ 25,000 | $ 25,000 | $ 98,000 |
| Salt Lake City, UT | 1 | $ 575,000 | $ 575,000 | $ 215,000 |
| San Antonio-New Braunfels, TX | 1 | $ 15,000 | $ 15,000 | $ 85,000 |
| San Francisco-Redwood City-South San Francisco, CA | 1 | $ 1,045,000 | $ 1,045,000 | $ 360,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 1 | $ 25,000 | $ 25,000 | $ 165,000 |
| Santa Rosa, CA | 1 | $ 775,000 | $ 775,000 | $ 350,000 |
| Savannah, GA | 1 | $ 25,000 | $ 25,000 | $ 164,000 |
| Sebastian-Vero Beach, FL | 1 | $ 345,000 | $ 345,000 | $ 171,000 |
| Sioux Falls, SD | 1 | $ 25,000 | $ 25,000 | $ 56,000 |
| State College, PA | 1 | $ 25,000 | $ 25,000 | $ 183,000 |
| Staunton-Waynesboro, VA | 1 | $ 15,000 | $ 15,000 | $ 79,000 |
| Terre Haute, IN | 1 | $ 25,000 | $ 25,000 | $ 148,000 |
| Texarkana, TX-AR | 1 | $ 15,000 | $ 15,000 | $ 115,000 |
| Utica-Rome, NY | 1 | $ 25,000 | $ 25,000 | $ 134,000 |
| Vallejo-Fairfield, CA | 1 | $ 25,000 | $ 25,000 | $ 89,000 |
| Washington-Baltimore-Arlington, DC | 1 | $ 25,000 | $ 25,000 | $ 146,000 |
| Wheeling, WV-OH | 1 | $ 25,000 | $ 25,000 | $ 83,000 |
| Yakima, WA | 1 | $ 25,000 | $ 25,000 | $ 76,000 |
Mortgage Loan Application Detail Totals for Shoreham Bank in 2024
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 Improvement | 1,167 | $26,225,000 | $22,000 | $145,000 | $118,000 | $700,000 |
| Home Purchase | 353 | $163,365,000 | $462,000 | $2,885,000 | $179,000 | $1,564,000 |
| Cash-out Refinancing | 60 | $13,220,000 | $220,000 | $725,000 | $137,000 | $679,000 |
| Other Purpose | 59 | $6,775,000 | $114,000 | $405,000 | $193,000 | $665,000 |
| Refinancing | 41 | $13,465,000 | $328,000 | $665,000 | $103,000 | $351,000 |
| Not Applicable | 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 | 1,270 | $177,940,000 | $140,000 | $2,885,000 | $134,000 | $1,564,000 |
| Hispanic | 141 | $19,755,000 | $140,000 | $935,000 | $121,000 | $368,000 |
| Black or African American | 125 | $8,275,000 | $66,000 | $665,000 | $116,000 | $700,000 |
| Not Provided | 107 | $4,635,000 | $43,000 | $925,000 | $139,000 | $589,000 |
| Asian | 32 | $12,330,000 | $385,000 | $1,125,000 | $251,000 | $663,000 |
| American Indian or Alaskan Native | 5 | $115,000 | $23,000 | $25,000 | $130,000 | $171,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 1,242 | $57,330,000 | $46,000 | $815,000 | $118,000 | $700,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 423 | $158,935,000 | $375,000 | $2,885,000 | $182,000 | $1,564,000 |
| VA-guaranteed (Veterans Administration) | 15 | $6,785,000 | $452,000 | $705,000 | $128,000 | $200,000 |
| 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 | 725 | $156,175,000 | $215,000 | $2,885,000 | $155,000 | $1,564,000 |
| Application Denied By Financial Institution | 482 | $22,970,000 | $47,000 | $1,045,000 | $100,000 | $589,000 |
| Application Withdrawn By Applicant | 460 | $40,240,000 | $87,000 | $1,525,000 | $136,000 | $1,075,000 |
| Application Approved But Not Accepted | 10 | $3,230,000 | $323,000 | $635,000 | $175,000 | $351,000 |
| File Closed For Incompleteness | 3 | $435,000 | $145,000 | $305,000 | $157,000 | $196,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 1,198 | $200,080,000 | $167,000 | $2,885,000 | $148,000 | $1,564,000 |
| Debt-To-Income Ratio | 262 | $10,020,000 | $38,000 | $725,000 | $93,000 | $585,000 |
| Credit History | 179 | $5,645,000 | $31,000 | $975,000 | $100,000 | $398,000 |
| Collateral | 23 | $3,215,000 | $139,000 | $1,015,000 | $139,000 | $367,000 |
| Other | 14 | $3,230,000 | $230,000 | $1,045,000 | $160,000 | $589,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $190,000 | $95,000 | $155,000 | $96,000 | $110,000 |
| Unverifiable Information | 1 | $25,000 | $25,000 | $25,000 | $240,000 | $240,000 |
| Employment History | 1 | $645,000 | $645,000 | $645,000 | $162,000 | $162,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Shoreham Bank's 2024 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 Shoreham 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 Rhode Island, download the full spreadsheet
with aggregated HMDA statistics today.
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