Independence Community Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2003
Independence Community Bank 2003 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 | Independence Community Bank 195 Montague Street Brooklyn, NY 11201 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2005 2004 2003 |
| Total Number of Mortgage Applications | 3,825 |
| Total Mortgage Loan Application Amount | $1,415,325,000 |
| Average Mortgage Loan Application Amount | $1,822,187 |
| Highest Mortgage Loan Application Amount | $19,520,000 |
| Average Applicant Income | $73,375 |
| Highest Applicant Income | $2,500,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2003 with Independence Community 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 Independence Community Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2003 breaks down Independence Community 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 Independence Community Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Independence Community 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 Independence Community Bank's mortgage activity for 2003.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Kings County New York | 556 | $ 152,468,000 | $ 274,000 | $ 68,000 |
| Union County New Jersey | 471 | $ 81,309,000 | $ 172,000 | $ 74,000 |
| Hudson County New Jersey | 398 | $ 88,597,000 | $ 222,000 | $ 62,000 |
| Essex County New Jersey | 387 | $ 127,984,000 | $ 330,000 | $ 71,000 |
| Queens County New York | 370 | $ 110,257,000 | $ 297,000 | $ 58,000 |
| Richmond County New York | 277 | $ 31,660,000 | $ 114,000 | $ 71,000 |
| New York County New York | 223 | $ 169,539,000 | $ 760,000 | $ 102,000 |
| Middlesex County New Jersey | 205 | $ 71,670,000 | $ 349,000 | $ 69,000 |
| Bergen County New Jersey | 194 | $ 106,624,000 | $ 549,000 | $ 78,000 |
| Nassau County New York | 150 | $ 29,447,000 | $ 196,000 | $ 87,000 |
| Bronx County New York | 72 | $ 39,922,000 | $ 554,000 | $ 53,000 |
| Monmouth County New Jersey | 67 | $ 24,365,000 | $ 363,000 | $ 98,000 |
| Suffolk County New York | 57 | $ 18,585,000 | $ 326,000 | $ 106,000 |
| Somerset County New Jersey | 53 | $ 8,426,000 | $ 158,000 | $ 96,000 |
| Passaic County New Jersey | 49 | $ 14,182,000 | $ 289,000 | $ 53,000 |
| Morris County New Jersey | 48 | $ 10,104,000 | $ 210,000 | $ 89,000 |
| Westchester County New York | 48 | $ 27,544,000 | $ 573,000 | $ 112,000 |
| Ocean County New Jersey | 40 | $ 28,136,000 | $ 703,000 | $ 71,000 |
| Philadelphia County Pennsylvania | 17 | $ 34,844,000 | $ 2,049,000 | $ 0 |
| District of Columbia County District Of Columbia | 13 | $ 16,370,000 | $ 1,259,000 | $ 0 |
| Hunterdon County New Jersey | 13 | $ 4,463,000 | $ 343,000 | $ 210,000 |
| Rockland County New York | 11 | $ 2,647,000 | $ 240,000 | $ 70,000 |
| Baltimore City County Maryland | 10 | $ 19,190,000 | $ 1,919,000 | $ 0 |
| Warren County New Jersey | 8 | $ 4,447,000 | $ 555,000 | $ 67,000 |
| New Haven County Connecticut | 7 | $ 34,580,000 | $ 4,940,000 | $ 0 |
| Baltimore County Maryland | 6 | $ 33,338,000 | $ 5,556,000 | $ 0 |
| Mercer County New Jersey | 6 | $ 5,092,000 | $ 848,000 | $ 31,000 |
| Delaware County Pennsylvania | 6 | $ 9,900,000 | $ 1,650,000 | $ 0 |
| Sussex County New Jersey | 5 | $ 2,452,000 | $ 490,000 | $ 86,000 |
| Dutchess County New York | 5 | $ 885,000 | $ 177,000 | $ 103,000 |
| Cumberland County New Jersey | 4 | $ 12,950,000 | $ 3,237,000 | $ 0 |
| Sullivan County New York | 4 | $ 305,000 | $ 76,000 | $ 77,000 |
| Duval County Florida | 3 | $ 13,300,000 | $ 4,433,000 | $ 0 |
| Miami-Dade County Florida | 3 | $ 4,627,000 | $ 1,542,000 | $ 40,000 |
| Palm Beach County Florida | 3 | $ 7,978,000 | $ 2,659,000 | $ 816,000 |
| Harford County Maryland | 3 | $ 18,080,000 | $ 6,026,000 | $ 0 |
| Orange County New York | 3 | $ 1,512,000 | $ 504,000 | $ 42,000 |
| Ulster County New York | 3 | $ 446,000 | $ 148,000 | $ 121,000 |
| Montgomery County Pennsylvania | 3 | $ 11,350,000 | $ 3,783,000 | $ 0 |
| New Castle County Delaware | 2 | $ 16,675,000 | $ 8,337,000 | $ 0 |
| Atlantic County New Jersey | 2 | $ 110,000 | $ 55,000 | $ 65,000 |
| Burlington County New Jersey | 2 | $ 5,420,000 | $ 2,710,000 | $ 155,000 |
| Camden County New Jersey | 2 | $ 4,365,000 | $ 2,182,000 | $ 25,000 |
| Cape May County New Jersey | 2 | $ 558,000 | $ 279,000 | $ 107,000 |
| Columbia County New York | 2 | $ 171,000 | $ 85,000 | $ 65,000 |
| Hillsborough County Florida | 1 | $ 2,025,000 | $ 2,025,000 | $ 0 |
| Orange County Florida | 1 | $ 133,000 | $ 133,000 | $ 56,000 |
| Delaware County New York | 1 | $ 113,000 | $ 113,000 | $ 42,000 |
| Madison County New York | 1 | $ 200,000 | $ 200,000 | $ 195,000 |
| Montgomery County New York | 1 | $ 78,000 | $ 78,000 | $ 64,000 |
| Rensselaer County New York | 1 | $ 200,000 | $ 200,000 | $ 50,000 |
| Warren County New York | 1 | $ 102,000 | $ 102,000 | $ 30,000 |
| Bucks County Pennsylvania | 1 | $ 600,000 | $ 600,000 | $ 0 |
| Chester County Pennsylvania | 1 | $ 245,000 | $ 245,000 | $ 56,000 |
| Dauphin County Pennsylvania | 1 | $ 2,160,000 | $ 2,160,000 | $ 0 |
| Monroe County Pennsylvania | 1 | $ 95,000 | $ 95,000 | $ 31,000 |
| Northampton County Pennsylvania | 1 | $ 2,500,000 | $ 2,500,000 | $ 0 |
Mortgage Loan Application Detail Totals for Independence Community Bank in 2003
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 (home purchase or home improvement, one-to-four family) | 2,315 | $331,434,000 | $179,000 | $970,000 | $218,500 | $2,500,000 |
| Home Improvement (one-to-four family) | 703 | $45,559,000 | $64,000 | $375,000 | $77,000 | $531,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 486 | $977,297,000 | $3,491,375 | $19,520,000 | $0 | $0 |
| Home Purchase (one-to-four family) | 321 | $61,035,000 | $190,000 | $727,000 | $73,000 | $1,242,000 |
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 | 1,347 | $189,969,000 | $213,250 | $970,000 | $603,750 | $2,500,000 |
| Information not provided by applicant in mail or telephone application | 1,257 | $160,441,000 | $178,750 | $738,000 | $99,750 | $1,000,000 |
| Not applicable | 485 | $977,122,000 | $3,492,250 | $19,520,000 | $0 | $0 |
| Hispanic | 326 | $37,138,000 | $119,333 | $613,000 | $71,666 | $291,000 |
| Black | 189 | $20,136,000 | $105,000 | $365,000 | $63,000 | $238,000 |
| Asian or Pacific Islander | 142 | $19,711,000 | $138,000 | $500,000 | $91,500 | $511,000 |
| Other | 72 | $9,940,000 | $138,000 | $450,000 | $70,500 | $168,000 |
| American Indian or Alaskan Native | 7 | $868,000 | $128,000 | $168,000 | $57,500 | $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) | 3,825 | $1,415,325,000 | $2,928,500 | $19,520,000 | $60,000 | $2,500,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 2,318 | $877,853,000 | $3,004,875 | $19,520,000 | $65,500 | $2,500,000 |
| Application Denied By Financial Institution | 907 | $282,764,000 | $1,890,666 | $14,000,000 | $31,333 | $626,000 |
| Application Approved But Not Accepted | 355 | $128,649,000 | $3,861,250 | $13,000,000 | $39,750 | $897,000 |
| Application Withdrawn By Applicant | 162 | $108,126,000 | $1,594,500 | $8,000,000 | $38,250 | $750,000 |
| File Closed For Incompleteness | 83 | $17,933,000 | $197,000 | $2,700,000 | $86,500 | $1,000,000 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| 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 Independence Community Bank's 2003 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 Independence Community 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 New York, download the full spreadsheet
with aggregated HMDA statistics today.