Massmutual Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Massmutual Federal Credit Union 2020 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 | Massmutual Federal Credit Union 1295 State Street Springfield, MA 01111 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 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 | 307 |
| Total Mortgage Loan Application Amount | $60,815,000 |
| Average Mortgage Loan Application Amount | $245,600 |
| Highest Mortgage Loan Application Amount | $515,000 |
| Average Applicant Income | $165,200 |
| Highest Applicant Income | $1,513,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with Massmutual Federal Credit Union. 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 Massmutual Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2020 breaks down Massmutual Federal Credit Union'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 Massmutual Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Massmutual Federal Credit Union, 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 Massmutual Federal Credit Union's mortgage activity for 2020.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Hampden County Massachusetts | 121 | $ 20,125,000 | $ 166,000 | $ 147,000 |
| Hartford County Connecticut | 45 | $ 7,025,000 | $ 156,000 | $ 136,000 |
| Hampshire County Massachusetts | 22 | $ 4,110,000 | $ 186,000 | $ 140,000 |
| Tolland County Connecticut | 7 | $ 1,725,000 | $ 246,000 | $ 170,000 |
| Barnstable County Massachusetts | 7 | $ 1,795,000 | $ 256,000 | $ 213,000 |
| Maricopa County Arizona | 6 | $ 1,530,000 | $ 255,000 | $ 112,000 |
| Worcester County Massachusetts | 5 | $ 1,275,000 | $ 255,000 | $ 199,000 |
| Mecklenburg County North Carolina | 5 | $ 1,465,000 | $ 293,000 | $ 198,000 |
| Middlesex County Massachusetts | 4 | $ 1,080,000 | $ 270,000 | $ 181,000 |
| Union County North Carolina | 4 | $ 1,110,000 | $ 277,000 | $ 154,000 |
| Fairfield County Connecticut | 3 | $ 845,000 | $ 281,000 | $ 193,000 |
| Franklin County Massachusetts | 3 | $ 805,000 | $ 268,000 | $ 181,000 |
| Plymouth County Massachusetts | 3 | $ 775,000 | $ 258,000 | $ 324,000 |
| Middlesex County Connecticut | 2 | $ 520,000 | $ 260,000 | $ 200,000 |
| New London County Connecticut | 2 | $ 380,000 | $ 190,000 | $ 189,000 |
| Sarasota County Florida | 2 | $ 350,000 | $ 175,000 | $ 53,000 |
| York County Maine | 2 | $ 240,000 | $ 120,000 | $ 121,000 |
| Howard County Maryland | 2 | $ 920,000 | $ 460,000 | $ 523,000 |
| Livingston County Michigan | 2 | $ 420,000 | $ 210,000 | $ 155,000 |
| Rockingham County New Hampshire | 2 | $ 490,000 | $ 245,000 | $ 170,000 |
| Kings County New York | 2 | $ 800,000 | $ 400,000 | $ 179,000 |
| Nassau County New York | 2 | $ 640,000 | $ 320,000 | $ 150,000 |
| Wake County North Carolina | 2 | $ 400,000 | $ 200,000 | $ 109,000 |
| Allegheny County Pennsylvania | 2 | $ 700,000 | $ 350,000 | $ 250,000 |
| Lehigh County Pennsylvania | 2 | $ 400,000 | $ 200,000 | $ 374,000 |
| Washington County Rhode Island | 2 | $ 480,000 | $ 240,000 | $ 269,000 |
| Beaufort County South Carolina | 2 | $ 310,000 | $ 155,000 | $ 84,000 |
| Los Angeles County California | 1 | $ 295,000 | $ 295,000 | $ 92,000 |
| Litchfield County Connecticut | 1 | $ 75,000 | $ 75,000 | $ 77,000 |
| New Haven County Connecticut | 1 | $ 185,000 | $ 185,000 | $ 0 |
| Windham County Connecticut | 1 | $ 15,000 | $ 15,000 | $ 60,000 |
| New Castle County Delaware | 1 | $ 65,000 | $ 65,000 | $ 267,000 |
| Clay County Florida | 1 | $ 285,000 | $ 285,000 | $ 116,000 |
| Collier County Florida | 1 | $ 435,000 | $ 435,000 | $ 295,000 |
| Indian River County Florida | 1 | $ 75,000 | $ 75,000 | $ 61,000 |
| Manatee County Florida | 1 | $ 205,000 | $ 205,000 | $ 214,000 |
| Palm Beach County Florida | 1 | $ 135,000 | $ 135,000 | $ 69,000 |
| Sumter County Florida | 1 | $ 215,000 | $ 215,000 | $ 148,000 |
| Cherokee County Georgia | 1 | $ 195,000 | $ 195,000 | $ 152,000 |
| Clayton County Georgia | 1 | $ 165,000 | $ 165,000 | $ 140,000 |
| Cobb County Georgia | 1 | $ 15,000 | $ 15,000 | $ 102,000 |
| Ada County Idaho | 1 | $ 55,000 | $ 55,000 | $ 153,000 |
| Cook County Illinois | 1 | $ 135,000 | $ 135,000 | $ 99,000 |
| Kenton County Kentucky | 1 | $ 55,000 | $ 55,000 | $ 100,000 |
| Prince George's County Maryland | 1 | $ 125,000 | $ 125,000 | $ 84,000 |
| Berkshire County Massachusetts | 1 | $ 195,000 | $ 195,000 | $ 249,000 |
| Bristol County Massachusetts | 1 | $ 195,000 | $ 195,000 | $ 123,000 |
| Norfolk County Massachusetts | 1 | $ 515,000 | $ 515,000 | $ 217,000 |
| Suffolk County Massachusetts | 1 | $ 425,000 | $ 425,000 | $ 168,000 |
| Grafton County New Hampshire | 1 | $ 115,000 | $ 115,000 | $ 214,000 |
| Hillsborough County New Hampshire | 1 | $ 245,000 | $ 245,000 | $ 235,000 |
| Cape May County New Jersey | 1 | $ 495,000 | $ 495,000 | $ 674,000 |
| Passaic County New Jersey | 1 | $ 285,000 | $ 285,000 | $ 150,000 |
| Suffolk County New York | 1 | $ 345,000 | $ 345,000 | $ 259,000 |
| Mahoning County Ohio | 1 | $ 235,000 | $ 235,000 | $ 338,000 |
| Bucks County Pennsylvania | 1 | $ 345,000 | $ 345,000 | $ 191,000 |
| Delaware County Pennsylvania | 1 | $ 345,000 | $ 345,000 | $ 703,000 |
| Lebanon County Pennsylvania | 1 | $ 315,000 | $ 315,000 | $ 154,000 |
| Northampton County Pennsylvania | 1 | $ 205,000 | $ 205,000 | $ 155,000 |
| Bristol County Rhode Island | 1 | $ 385,000 | $ 385,000 | $ 279,000 |
| Newport County Rhode Island | 1 | $ 75,000 | $ 75,000 | $ 40,000 |
| Georgetown County South Carolina | 1 | $ 205,000 | $ 205,000 | $ 469,000 |
| York County South Carolina | 1 | $ 225,000 | $ 225,000 | $ 200,000 |
| Harris County Texas | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Wasatch County Utah | 1 | $ 385,000 | $ 385,000 | $ 96,000 |
| Lamoille County Vermont | 1 | $ 475,000 | $ 475,000 | $ 603,000 |
| Washington County Vermont | 1 | $ 115,000 | $ 115,000 | $ 175,000 |
| Windham County Vermont | 1 | $ 215,000 | $ 215,000 | $ 316,000 |
| Goochland County Virginia | 1 | $ 285,000 | $ 285,000 | $ 152,000 |
| King County Washington | 1 | $ 125,000 | $ 125,000 | $ 240,000 |
Mortgage Loan Application Detail Totals for Massmutual Federal Credit Union in 2020
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 | 183 | $29,455,000 | $160,000 | $495,000 | $153,000 | $674,000 |
| Other Purpose | 58 | $14,050,000 | $242,000 | $455,000 | $199,000 | $1,513,000 |
| Home Purchase | 47 | $11,995,000 | $255,000 | $515,000 | $152,000 | $703,000 |
| Cash-out Refinancing | 16 | $4,430,000 | $276,000 | $485,000 | $195,000 | $469,000 |
| Home Improvement | 3 | $885,000 | $295,000 | $515,000 | $127,000 | $146,000 |
| 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 | 147 | $38,405,000 | $261,000 | $515,000 | $191,000 | $1,513,000 |
| Not Provided | 139 | $17,295,000 | $124,000 | $495,000 | $141,000 | $674,000 |
| Asian | 8 | $2,190,000 | $273,000 | $465,000 | $147,000 | $175,000 |
| Hispanic | 6 | $1,280,000 | $213,000 | $475,000 | $104,000 | $160,000 |
| Black or African American | 3 | $585,000 | $195,000 | $225,000 | $104,000 | $131,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 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) | 307 | $60,815,000 | $198,000 | $515,000 | $163,000 | $1,513,000 |
| 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 | 283 | $56,435,000 | $199,000 | $515,000 | $166,000 | $1,513,000 |
| Application Denied By Financial Institution | 16 | $1,810,000 | $113,000 | $355,000 | $116,000 | $267,000 |
| Application Withdrawn By Applicant | 7 | $2,305,000 | $329,000 | $485,000 | $238,000 | $314,000 |
| File Closed For Incompleteness | 1 | $265,000 | $265,000 | $265,000 | $0 | $0 |
| 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 | 297 | $59,845,000 | $201,000 | $515,000 | $165,000 | $1,513,000 |
| Collateral | 9 | $905,000 | $100,000 | $205,000 | $132,000 | $267,000 |
| Credit History | 1 | $65,000 | $65,000 | $65,000 | $97,000 | $97,000 |
| Credit Application Incomplete | 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 |
| Not applicable | 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 Massmutual Federal Credit Union's 2020 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 Massmutual Federal Credit Union'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.