Leader Bank NA Mortgage Lending & HMDA Data, 2022

In 2022, Leader Bank NA of Arlington, MA reported 6,290 mortgage applications totaling $3.4 billion, down 57% from 2021. The average application was for $539,712, and applicants reported an average income of $216,244. 82% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Cambridge-Newton-Framingham, MA (2,626), Boston, MA (1,903) and Worcester, MA-CT (369) (applications in parentheses).

Mortgage Company & Address Leader Bank NA
141 Massachusetts Avenue
Arlington, MA 02474
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 6,290
Total Mortgage Loan Application Amount $3,394,790,000
Average Mortgage Loan Application Amount $539,712
Highest Mortgage Loan Application Amount $40,205,000
Average Applicant Income $216,244
Highest Applicant Income $4,336,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Leader Bank NA filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for Leader Bank NA by County in 2022

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Middlesex, Massachusetts 2,189 $ 1,315,115,000 $ 600,783 $ 225,000
Norfolk, Massachusetts 881 $ 497,855,000 $ 565,102 $ 217,000
Suffolk, Massachusetts 712 $ 429,540,000 $ 603,286 $ 225,000
Essex, Massachusetts 437 $ 243,765,000 $ 557,814 $ 204,000
Worcester, Massachusetts 366 $ 152,040,000 $ 415,409 $ 180,000
Plymouth, Massachusetts 310 $ 149,090,000 $ 480,935 $ 205,000
Hartford, Connecticut 190 $ 59,080,000 $ 310,947 $ 167,000
Bristol, Massachusetts 187 $ 72,005,000 $ 385,053 $ 157,000
Barnstable, Massachusetts 132 $ 67,910,000 $ 514,469 $ 301,000
Providence, Rhode Island 80 $ 38,270,000 $ 478,375 $ 172,000
Hillsborough, New Hampshire 58 $ 20,810,000 $ 358,793 $ 166,000
Rockingham, New Hampshire 52 $ 21,380,000 $ 411,153 $ 202,000
Hampden, Massachusetts 29 $ 8,385,000 $ 289,137 $ 158,000
Grafton, New Hampshire 27 $ 10,495,000 $ 388,703 $ 312,000
New Haven, Connecticut 19 $ 6,315,000 $ 332,368 $ 272,000
York, Maine 18 $ 7,980,000 $ 443,333 $ 212,000
Fairfield, Connecticut 17 $ 9,115,000 $ 536,176 $ 281,000
Cumberland, Maine 17 $ 5,975,000 $ 351,470 $ 209,000
New London, Connecticut 16 $ 4,440,000 $ 277,500 $ 165,000
Carroll, New Hampshire 15 $ 4,975,000 $ 331,666 $ 241,000
Belknap, New Hampshire 14 $ 5,630,000 $ 402,142 $ 273,000
Newport, Rhode Island 14 $ 7,730,000 $ 552,142 $ 328,000
Litchfield, Connecticut 13 $ 3,265,000 $ 251,153 $ 105,000
Merrimack, New Hampshire 13 $ 5,485,000 $ 421,923 $ 219,000
Palm Beach, Florida 12 $ 10,470,000 $ 872,500 $ 284,000
Oxford, Maine 11 $ 4,135,000 $ 375,909 $ 308,000
Bristol, Rhode Island 11 $ 4,955,000 $ 450,454 $ 299,000
Strafford, New Hampshire 10 $ 3,010,000 $ 301,000 $ 175,000
Washington, Rhode Island 10 $ 5,290,000 $ 529,000 $ 280,000
Lee, Florida 9 $ 3,015,000 $ 335,000 $ 178,000
Broward, Florida 8 $ 5,370,000 $ 671,250 $ 232,000
Collier, Florida 8 $ 3,050,000 $ 381,250 $ 348,000
Kent, Rhode Island 8 $ 3,170,000 $ 396,250 $ 152,000
Windham, Vermont 8 $ 2,550,000 $ 318,750 $ 235,000
Windsor, Vermont 8 $ 3,060,000 $ 382,500 $ 328,000
Brevard, Florida 7 $ 2,455,000 $ 350,714 $ 176,000
Sarasota, Florida 7 $ 2,465,000 $ 352,142 $ 177,000
Tolland, Connecticut 6 $ 1,690,000 $ 281,666 $ 133,000
Miami-Dade, Florida 6 $ 3,410,000 $ 568,333 $ 276,000
Wayne, Michigan 6 $ 940,000 $ 156,666 $ 514,000
Lamoille, Vermont 6 $ 2,900,000 $ 483,333 $ 428,000
Middlesex, Connecticut 5 $ 1,795,000 $ 359,000 $ 124,000
Hillsborough, Florida 5 $ 1,565,000 $ 313,000 $ 162,000
Pinellas, Florida 5 $ 1,925,000 $ 385,000 $ 179,000
Berkshire, Massachusetts 5 $ 1,295,000 $ 259,000 $ 290,000
Hampshire, Massachusetts 5 $ 1,295,000 $ 259,000 $ 141,000
Hudson, New Jersey 5 $ 2,325,000 $ 465,000 $ 152,000
Charleston, South Carolina 5 $ 3,215,000 $ 643,000 $ 183,000
St. Lucie, Florida 4 $ 920,000 $ 230,000 $ 101,000
Franklin, Massachusetts 4 $ 920,000 $ 230,000 $ 84,000
Nantucket, Massachusetts 4 $ 6,990,000 $ 1,747,500 $ 1,054,000
Bergen, New Jersey 4 $ 2,530,000 $ 632,500 $ 248,000
Orange, North Carolina 4 $ 1,940,000 $ 485,000 $ 359,000
Wake, North Carolina 4 $ 1,300,000 $ 325,000 $ 161,000
Rutland, Vermont 4 $ 1,310,000 $ 327,500 $ 219,000
Washington, Vermont 4 $ 1,630,000 $ 407,500 $ 375,000
Riverside, California 3 $ 1,035,000 $ 345,000 $ 397,000
Windham, Connecticut 3 $ 995,000 $ 331,666 $ 87,000
District of Columbia, District Of Columbia 3 $ 1,635,000 $ 545,000 $ 376,000
Volusia, Florida 3 $ 1,105,000 $ 368,333 $ 129,000
Fulton, Georgia 3 $ 885,000 $ 295,000 $ 546,000
Franklin, Maine 3 $ 1,005,000 $ 335,000 $ 205,000
Dukes, Massachusetts 3 $ 4,815,000 $ 1,605,000 $ 656,000
Oakland, Michigan 3 $ 285,000 $ 95,000 $ 113,000
Morris, New Jersey 3 $ 1,805,000 $ 601,666 $ 340,000
Delaware, Pennsylvania 3 $ 2,305,000 $ 768,333 $ 373,000
Philadelphia, Pennsylvania 3 $ 1,935,000 $ 645,000 $ 270,000
Richland, South Carolina 3 $ 655,000 $ 218,333 $ 235,000
Harris, Texas 3 $ 1,815,000 $ 605,000 $ 485,000
Maricopa, Arizona 2 $ 950,000 $ 475,000 $ 361,000
Los Angeles, California 2 $ 830,000 $ 415,000 $ 189,000
Denver, Colorado 2 $ 1,140,000 $ 570,000 $ 142,000
Duval, Florida 2 $ 300,000 $ 150,000 $ 115,000
Osceola, Florida 2 $ 880,000 $ 440,000 $ 250,000
Seminole, Florida 2 $ 520,000 $ 260,000 $ 94,000
Androscoggin, Maine 2 $ 440,000 $ 220,000 $ 120,000
Kennebec, Maine 2 $ 1,020,000 $ 510,000 $ 249,000
Anne Arundel, Maryland 2 $ 1,310,000 $ 655,000 $ 164,000
Baltimore City, Maryland 2 $ 500,000 $ 250,000 $ 150,000
Frederick, Maryland 2 $ 540,000 $ 270,000 $ 293,000
Cheshire, New Hampshire 2 $ 570,000 $ 285,000 $ 68,000
Mercer, New Jersey 2 $ 1,150,000 $ 575,000 $ 150,000
Grant, New Mexico 2 $ 220,000 $ 110,000 $ 245,000
Suffolk, New York 2 $ 900,000 $ 450,000 $ 262,000
Westchester, New York 2 $ 870,000 $ 435,000 $ 130,000
Dare, North Carolina 2 $ 680,000 $ 340,000 $ 110,000
Mecklenburg, North Carolina 2 $ 820,000 $ 410,000 $ 108,000
Jackson, Oregon 2 $ 680,000 $ 340,000 $ 82,000
Allegheny, Pennsylvania 2 $ 1,160,000 $ 580,000 $ 359,000
Davidson, Tennessee 2 $ 810,000 $ 405,000 $ 78,000
Tarrant, Texas 2 $ 240,000 $ 120,000 $ 130,000
Caledonia, Vermont 2 $ 480,000 $ 240,000 $ 294,000
Chittenden, Vermont 2 $ 760,000 $ 380,000 $ 141,000
Jackson, Alabama 1 $ 125,000 $ 125,000 $ 212,000
Alameda, California 1 $ 225,000 $ 225,000 $ 317,000
San Francisco, California 1 $ 4,505,000 $ 4,505,000 $ 967,000
Sonoma, California 1 $ 735,000 $ 735,000 $ 280,000
Arapahoe, Colorado 1 $ 1,475,000 $ 1,475,000 $ 487,000
Douglas, Colorado 1 $ 525,000 $ 525,000 $ 142,000
El Paso, Colorado 1 $ 525,000 $ 525,000 $ 182,000
Larimer, Colorado 1 $ 475,000 $ 475,000 $ 135,000
Morgan, Colorado 1 $ 305,000 $ 305,000 $ 92,000
Alachua, Florida 1 $ 155,000 $ 155,000 $ 172,000
Charlotte, Florida 1 $ 605,000 $ 605,000 $ 350,000
Flagler, Florida 1 $ 205,000 $ 205,000 $ 239,000
Hernando, Florida 1 $ 505,000 $ 505,000 $ 123,000
Indian River, Florida 1 $ 345,000 $ 345,000 $ 149,000
Manatee, Florida 1 $ 365,000 $ 365,000 $ 138,000
Marion, Florida 1 $ 395,000 $ 395,000 $ 125,000
Orange, Florida 1 $ 285,000 $ 285,000 $ 58,000
Pasco, Florida 1 $ 645,000 $ 645,000 $ 147,000
St. Johns, Florida 1 $ 105,000 $ 105,000 $ 245,000
Sumter, Florida 1 $ 115,000 $ 115,000 $ 66,000
Walton, Florida 1 $ 545,000 $ 545,000 $ 145,000
Camden, Georgia 1 $ 525,000 $ 525,000 $ 311,000
DeKalb, Georgia 1 $ 395,000 $ 395,000 $ 141,000
Liberty, Georgia 1 $ 125,000 $ 125,000 $ 147,000
Long, Georgia 1 $ 125,000 $ 125,000 $ 144,000
Kane, Illinois 1 $ 375,000 $ 375,000 $ 194,000
Will, Illinois 1 $ 155,000 $ 155,000 $ 128,000
Knox, Maine 1 $ 445,000 $ 445,000 $ 132,000
Lincoln, Maine 1 $ 375,000 $ 375,000 $ 352,000
Piscataquis, Maine 1 $ 375,000 $ 375,000 $ 241,000
Waldo, Maine 1 $ 385,000 $ 385,000 $ 146,000
Baltimore, Maryland 1 $ 395,000 $ 395,000 $ 205,000
Howard, Maryland 1 $ 275,000 $ 275,000 $ 274,000
Montgomery, Maryland 1 $ 135,000 $ 135,000 $ 45,000
Prince George's, Maryland 1 $ 405,000 $ 405,000 $ 241,000
St. Louis, Missouri 1 $ 325,000 $ 325,000 $ 157,000
Clark, Nevada 1 $ 405,000 $ 405,000 $ 199,000
Coos, New Hampshire 1 $ 205,000 $ 205,000 $ 328,000
Camden, New Jersey 1 $ 495,000 $ 495,000 $ 158,000
Somerset, New Jersey 1 $ 715,000 $ 715,000 $ 145,000
Union, New Jersey 1 $ 555,000 $ 555,000 $ 632,000
Albany, New York 1 $ 245,000 $ 245,000 $ 112,000
Erie, New York 1 $ 295,000 $ 295,000 $ 152,000
Herkimer, New York 1 $ 1,485,000 $ 1,485,000 $ 521,000
Madison, New York 1 $ 155,000 $ 155,000 $ 36,000
Nassau, New York 1 $ 375,000 $ 375,000 $ 74,000
Oswego, New York 1 $ 255,000 $ 255,000 $ 285,000
Queens, New York 1 $ 595,000 $ 595,000 $ 140,000
Rensselaer, New York 1 $ 225,000 $ 225,000 $ 165,000
Tioga, New York 1 $ 155,000 $ 155,000 $ 56,000
Buncombe, North Carolina 1 $ 745,000 $ 745,000 $ 275,000
Forsyth, North Carolina 1 $ 615,000 $ 615,000 $ 168,000
Iredell, North Carolina 1 $ 345,000 $ 345,000 $ 58,000
New Hanover, North Carolina 1 $ 445,000 $ 445,000 $ 220,000
Onslow, North Carolina 1 $ 325,000 $ 325,000 $ 317,000
Rowan, North Carolina 1 $ 185,000 $ 185,000 $ 120,000
Cuyahoga, Ohio 1 $ 85,000 $ 85,000 $ 114,000
Hamilton, Ohio 1 $ 205,000 $ 205,000 $ 85,000
Montgomery, Ohio 1 $ 65,000 $ 65,000 $ 130,000
Portage, Ohio 1 $ 55,000 $ 55,000 $ 30,000
Multnomah, Oregon 1 $ 585,000 $ 585,000 $ 155,000
Washington, Oregon 1 $ 255,000 $ 255,000 $ 124,000
Adams, Pennsylvania 1 $ 215,000 $ 215,000 $ 59,000
Bucks, Pennsylvania 1 $ 215,000 $ 215,000 $ 150,000
Carbon, Pennsylvania 1 $ 135,000 $ 135,000 $ 64,000
Lackawanna, Pennsylvania 1 $ 135,000 $ 135,000 $ 43,000
Luzerne, Pennsylvania 1 $ 405,000 $ 405,000 $ 144,000
Montgomery, Pennsylvania 1 $ 585,000 $ 585,000 $ 210,000
Beaufort, South Carolina 1 $ 245,000 $ 245,000 $ 53,000
Berkeley, South Carolina 1 $ 275,000 $ 275,000 $ 70,000
Orangeburg, South Carolina 1 $ 105,000 $ 105,000 $ 100,000
York, South Carolina 1 $ 325,000 $ 325,000 $ 103,000
Knox, Tennessee 1 $ 125,000 $ 125,000 $ 177,000
Shelby, Tennessee 1 $ 675,000 $ 675,000 $ 186,000
Williamson, Tennessee 1 $ 905,000 $ 905,000 $ 222,000
Dallas, Texas 1 $ 645,000 $ 645,000 $ 165,000
Williamson, Texas 1 $ 595,000 $ 595,000 $ 150,000
Addison, Vermont 1 $ 225,000 $ 225,000 $ 167,000
Franklin, Vermont 1 $ 315,000 $ 315,000 $ 85,000
Orleans, Vermont 1 $ 95,000 $ 95,000 $ 57,000
Albemarle, Virginia 1 $ 445,000 $ 445,000 $ 288,000
Alexandria, Virginia 1 $ 505,000 $ 505,000 $ 253,000
Charlottesville, Virginia 1 $ 265,000 $ 265,000 $ 94,000
Fairfax, Virginia 1 $ 205,000 $ 205,000 $ 126,000
Loudoun, Virginia 1 $ 765,000 $ 765,000 $ 200,000

Mortgage Loan Application Detail Totals for Leader Bank NA in 2022

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 4,592 $2,675,450,000 $582,000 $30,605,000 $217,000 $4,336,000
Cash-out Refinancing 594 $388,070,000 $653,000 $40,205,000 $202,000 $2,400,000
Other Purpose 573 $112,865,000 $196,000 $2,505,000 $235,000 $1,401,000
Refinancing 425 $196,995,000 $463,000 $7,025,000 $206,000 $1,807,000
Home Improvement 106 $21,410,000 $201,000 $1,245,000 $203,000 $545,000
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 3,761 $1,926,875,000 $512,000 $4,505,000 $215,000 $4,336,000
Asian 1,076 $586,240,000 $544,000 $3,445,000 $212,000 $1,850,000
Not Provided 1,050 $469,590,000 $447,000 $2,635,000 $238,000 $2,201,000
Hispanic 158 $75,090,000 $475,000 $1,285,000 $185,000 $848,000
Not applicable 126 $283,700,000 $2,251,000 $40,205,000 $0 $0
Black or African American 110 $50,330,000 $457,000 $955,000 $147,000 $375,000
American Indian or Alaskan Native 5 $2,205,000 $441,000 $675,000 $132,000 $280,000
Native Hawaiian or Other Pacific Islander 4 $760,000 $190,000 $285,000 $145,000 $256,000

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) 6,161 $3,329,805,000 $540,000 $40,205,000 $218,000 $4,336,000
FHA-insured (Federal Housing Administration) 87 $43,795,000 $503,000 $1,145,000 $129,000 $297,000
VA-guaranteed (Veterans Administration) 42 $21,190,000 $504,000 $845,000 $137,000 $267,000
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 5,161 $2,796,475,000 $541,000 $40,205,000 $216,000 $4,336,000
Application Withdrawn By Applicant 739 $393,935,000 $533,000 $2,855,000 $224,000 $2,201,000
Application Approved But Not Accepted 238 $145,030,000 $609,000 $3,005,000 $220,000 $847,000
Application Denied By Financial Institution 114 $40,820,000 $358,000 $1,905,000 $138,000 $626,000
File Closed For Incompleteness 38 $18,530,000 $487,000 $1,105,000 $242,000 $1,807,000
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 6,176 $3,353,970,000 $543,000 $40,205,000 $218,000 $4,336,000
Debt-To-Income Ratio 48 $17,340,000 $361,000 $935,000 $99,000 $259,000
Collateral 36 $12,550,000 $348,000 $1,905,000 $173,000 $626,000
Other 11 $3,595,000 $326,000 $565,000 $145,000 $289,000
Credit History 10 $3,540,000 $354,000 $735,000 $146,000 $265,000
Unverifiable Information 4 $1,210,000 $302,000 $425,000 $199,000 $450,000
Employment History 4 $2,300,000 $575,000 $715,000 $166,000 $259,000
Insufficient Cash (Downpayment, Closing Cost) 1 $285,000 $285,000 $285,000 $147,000 $147,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Leader Bank NA's 2022 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 Leader Bank NA'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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