Mellon Trust Of New England
Mortgage Loan Application
Totals and Details
for 2003

Find mortgage loan statistics, lending data, and loan application totals for Massachusetts.
The mortgage statistics and data below are specific to mortgage loan applications for Mellon Trust Of New England.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.

Mortgage Company & Address Mellon Trust Of New England
One Boston Place
Boston, MA 02108
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 432
Total Mortgage Loan Application Amount $326,157,000
Average Mortgage Loan Application Amount $656,418
Highest Mortgage Loan Application Amount $6,400,000
Average Applicant Income $400,890
Highest Applicant Income $4,370,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MA, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Mellon Trust Of New England by Metropolitan Area in 2003

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
BOSTON, MA-NH 54 $ 44,880,000 $ 831,000 $ 352,000
PITTSBURGH, PA 33 $ 15,011,000 $ 454,000 $ 262,000
LOS ANGELES-LONG BEACH, CA 32 $ 29,767,000 $ 930,000 $ 335,000
PHILADELPHIA, PA-NJ 30 $ 24,163,000 $ 805,000 $ 463,000
MIAMI, FL 21 $ 18,138,000 $ 863,000 $ 624,000
ORANGE COUNTY, CA 19 $ 16,515,000 $ 869,000 $ 395,000
NEW YORK, NY 17 $ 13,746,000 $ 808,000 $ 492,000
FORT LAUDERDALE, FL 16 $ 8,224,000 $ 514,000 $ 207,000
WEST PALM BEACH-BOCA RATON, FL 10 $ 10,922,000 $ 1,092,000 $ 334,000
SAN DIEGO, CA 9 $ 6,197,000 $ 688,000 $ 312,000
BARNSTABLE-YARMOUTH, MA 8 $ 5,506,000 $ 688,000 $ 206,000
NASSAU-SUFFOLK, NY 8 $ 12,067,000 $ 1,508,000 $ 410,000
NAPLES, FL 7 $ 7,135,000 $ 1,019,000 $ 634,000
STAMFORD-NORWALK, CT 7 $ 9,525,000 $ 1,360,000 $ 465,000
MONMOUTH-OCEAN, NJ 5 $ 7,088,000 $ 1,417,000 $ 583,000
RIVERSIDE-SAN BERNARDINO, CA 5 $ 1,962,000 $ 392,000 $ 322,000
ATLANTIC-CAPE MAY, NJ 4 $ 2,312,000 $ 578,000 $ 353,000
DENVER, CO 4 $ 1,281,000 $ 320,000 $ 187,000
OAKLAND, CA 4 $ 1,230,000 $ 307,000 $ 50,000
SAN FRANCISCO, CA 4 $ 2,293,000 $ 573,000 $ 130,000
BERGEN-PASSAIC, NJ 3 $ 2,250,000 $ 750,000 $ 408,000
BOULDER-LONGMONT, CO 3 $ 1,222,000 $ 407,000 $ 92,000
CHARLESTON-NORTH CHARLESTON, SC 3 $ 2,832,000 $ 944,000 $ 313,000
DALLAS, TX 3 $ 3,451,000 $ 1,150,000 $ 337,000
FORT PIERCE-PORT ST. LUCIE, FL 3 $ 1,850,000 $ 616,000 $ 349,000
SANTA ROSA, CA 3 $ 2,000,000 $ 666,000 $ 170,000
SARASOTA-BRADENTON, FL 3 $ 1,321,000 $ 440,000 $ 1,032,000
SEATTLE-BELLEVUE-EVERETT, WA 3 $ 2,190,000 $ 730,000 $ 198,000
WASHINGTON, DC-MD-VA-WV 3 $ 2,875,000 $ 958,000 $ 703,000
ATLANTA, GA 2 $ 1,085,000 $ 542,000 $ 48,000
BRIDGEPORT, CT 2 $ 750,000 $ 375,000 $ 105,000
CHARLOTTE-GASTONIA-ROCK HILL, NC-SC 2 $ 754,000 $ 377,000 $ 292,000
CHICAGO, IL 2 $ 1,002,000 $ 501,000 $ 919,000
CINCINNATI, OH-KY-IN 2 $ 1,295,000 $ 647,000 $ 789,000
FORT MYERS-CAPE CORAL, FL 2 $ 2,780,000 $ 1,390,000 $ 400,000
HONOLULU, HI 2 $ 1,066,000 $ 533,000 $ 444,000
LAS VEGAS, NV-AZ 2 $ 1,480,000 $ 740,000 $ 258,000
LOWELL, MA-NH 2 $ 600,000 $ 300,000 $ 213,000
NASHVILLE, TN 2 $ 590,000 $ 295,000 $ 121,000
PORTLAND, ME 2 $ 1,900,000 $ 950,000 $ 548,000
PORTLAND-VANCOUVER, OR-WA 2 $ 773,000 $ 386,000 $ 213,000
PORTSMOUTH-ROCHESTER, NH-ME 2 $ 1,570,000 $ 785,000 $ 1,139,000
SACRAMENTO, CA 2 $ 1,435,000 $ 717,000 $ 518,000
SAN JOSE, CA 2 $ 2,280,000 $ 1,140,000 $ 101,000
WILMINGTON, NC 2 $ 1,767,000 $ 883,000 $ 407,000
AUSTIN-SAN MARCOS, TX 1 $ 117,000 $ 117,000 $ 340,000
BREMERTON, WA 1 $ 250,000 $ 250,000 $ 220,000
BROCKTON, MA 1 $ 650,000 $ 650,000 $ 195,000
BUFFALO-NIAGARA FALLS, NY 1 $ 600,000 $ 600,000 $ 186,000
CLEVELAND-LORAIN-ELYRIA, OH 1 $ 248,000 $ 248,000 $ 50,000
DANBURY, CT 1 $ 1,260,000 $ 1,260,000 $ 725,000
DAYTONA BEACH, FL 1 $ 350,000 $ 350,000 $ 93,000
DUTCHESS COUNTY, NY 1 $ 600,000 $ 600,000 $ 317,000
GREEN BAY, WI 1 $ 638,000 $ 638,000 $ 600,000
GREENSBORO--WINSTON-SALEM--HIGH POINT, NC 1 $ 194,000 $ 194,000 $ 246,000
HARRISBURG-LEBANON-CARLISLE, PA 1 $ 140,000 $ 140,000 $ 76,000
HARTFORD, CT 1 $ 325,000 $ 325,000 $ 177,000
HATTIESBURG, MS 1 $ 500,000 $ 500,000 $ 43,000
LEXINGTON, KY 1 $ 686,000 $ 686,000 $ 1,235,000
MANCHESTER, NH 1 $ 548,000 $ 548,000 $ 225,000
MIDDLESEX-SOMERSET-HUNTERDON, NJ 1 $ 775,000 $ 775,000 $ 68,000
MINNEAPOLIS-ST. PAUL, MN-WI 1 $ 330,000 $ 330,000 $ 91,000
NEW BEDFORD, MA 1 $ 650,000 $ 650,000 $ 74,000
NEWARK, NJ 1 $ 700,000 $ 700,000 $ 280,000
NORFOLK-VIRGINIA BEACH-NEWPORT NEWS, VA-NC 1 $ 495,000 $ 495,000 $ 118,000
ORLANDO, FL 1 $ 1,300,000 $ 1,300,000 $ 375,000
PHOENIX-MESA, AZ 1 $ 850,000 $ 850,000 $ 211,000
PUNTA GORDA, FL 1 $ 436,000 $ 436,000 $ 629,000
READING, PA 1 $ 251,000 $ 251,000 $ 60,000
SANTA BARBARA-SANTA MARIA-LOMPOC, CA 1 $ 1,100,000 $ 1,100,000 $ 1,197,000
SANTA FE, NM 1 $ 264,000 $ 264,000 $ 619,000
TUCSON, AZ 1 $ 250,000 $ 250,000 $ 599,000
VENTURA, CA 1 $ 1,000,000 $ 1,000,000 $ 939,000
VINELAND-MILLVILLE-BRIDGETON, NJ 1 $ 220,000 $ 220,000 $ 150,000
WORCESTER, MA-CT 1 $ 313,000 $ 313,000 $ 166,000
YORK, PA 1 $ 625,000 $ 625,000 $ 280,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Massachusetts, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Mellon Trust Of New England 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) 258 $206,311,000 $708,269 $6,400,000 $435,038 $4,370,000
Home Purchase (one-to-four family) 174 $119,846,000 $609,931 $4,000,000 $370,275 $1,666,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 0 $0 $0 $0 $0 $0
Home Improvement (one-to-four family) 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
Information not provided by applicant in mail or telephone application 212 $172,959,000 $678,000 $4,500,000 $478,928 $4,370,000
White 204 $145,806,000 $609,785 $6,400,000 $373,214 $1,194,000
Asian or Pacific Islander 5 $1,544,000 $299,000 $500,000 $318,500 $944,000
Hispanic 5 $2,465,000 $475,000 $1,200,000 $290,500 $1,461,000
Black 3 $1,190,000 $396,666 $650,000 $230,666 $257,000
Not applicable 3 $2,193,000 $731,000 $1,200,000 $147,333 $365,000
Other 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) 432 $326,157,000 $624,694 $6,400,000 $417,527 $4,370,000
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 376 $265,920,000 $620,529 $6,400,000 $417,558 $4,370,000
Application Denied By Financial Institution 27 $37,599,000 $1,168,200 $3,000,000 $411,500 $1,200,000
Application Withdrawn By Applicant 15 $12,689,000 $853,375 $3,000,000 $344,375 $1,044,000
Application Approved But Not Accepted 14 $9,949,000 $693,777 $1,370,000 $398,222 $810,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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
Debt-To-Income Ratio 20 $28,028,000 $1,268,666 $3,000,000 $363,666 $1,000,000
Collateral 4 $4,071,000 $1,017,750 $2,500,000 $508,500 $1,200,000
Other 2 $4,400,000 $2,200,000 $3,000,000 $777,500 $1,000,000
Credit History 1 $1,100,000 $1,100,000 $1,100,000 $368,000 $368,000
Unverifiable Information 0 $0 $0 $0 $0 $0
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

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MA, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Massachusetts, and search similar information at your convenience.

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