Mass. Institute Of Tech. Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2017
Mass. Institute Of Tech. Federal Credit Union 2017 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 | Mass. Institute Of Tech. Federal Credit Union 700 Technology Square Cambridge, MA 02139 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 370 |
| Total Mortgage Loan Application Amount | $1,578,421,000 |
| Average Mortgage Loan Application Amount | $4,799,666 |
| Highest Mortgage Loan Application Amount | $1,485,000,000 |
| Average Applicant Income | $178,666 |
| Highest Applicant Income | $2,002,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2017 with Mass. Institute Of Tech. 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 Mass. Institute Of Tech. Federal Credit Union's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2017 breaks down Mass. Institute Of Tech. 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 Mass. Institute Of Tech. Federal Credit Union serves its applicants.
Each category highlights the total number of mortgage applications processed by Mass. Institute Of Tech. 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 Mass. Institute Of Tech. Federal Credit Union's mortgage activity for 2017.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Middlesex County Massachusetts | 151 | $ 1,524,582,000 | $ 10,096,000 | $ 186,000 |
| Norfolk County Massachusetts | 30 | $ 5,829,000 | $ 194,000 | $ 147,000 |
| Suffolk County Massachusetts | 28 | $ 7,810,000 | $ 278,000 | $ 143,000 |
| Essex County Massachusetts | 23 | $ 3,604,000 | $ 156,000 | $ 145,000 |
| Alameda County California | 9 | $ 2,288,000 | $ 254,000 | $ 213,000 |
| Los Angeles County California | 8 | $ 4,187,000 | $ 523,000 | $ 164,000 |
| Plymouth County Massachusetts | 8 | $ 2,118,000 | $ 264,000 | $ 143,000 |
| Worcester County Massachusetts | 6 | $ 1,824,000 | $ 304,000 | $ 152,000 |
| Hillsborough County New Hampshire | 6 | $ 766,000 | $ 127,000 | $ 112,000 |
| Cook County Illinois | 5 | $ 1,222,000 | $ 244,000 | $ 232,000 |
| Fulton County Georgia | 3 | $ 711,000 | $ 237,000 | $ 192,000 |
| Cumberland County Maine | 3 | $ 508,000 | $ 169,000 | $ 218,000 |
| York County Maine | 3 | $ 449,000 | $ 149,000 | $ 223,000 |
| Rockingham County New Hampshire | 3 | $ 570,000 | $ 190,000 | $ 241,000 |
| Bexar County Texas | 3 | $ 597,000 | $ 199,000 | $ 446,000 |
| Ventura County California | 2 | $ 1,208,000 | $ 604,000 | $ 156,000 |
| District of Columbia County District Of Columbia | 2 | $ 377,000 | $ 188,000 | $ 208,000 |
| Miami-Dade County Florida | 2 | $ 320,000 | $ 160,000 | $ 125,000 |
| Montgomery County Maryland | 2 | $ 533,000 | $ 266,000 | $ 69,000 |
| Prince George's County Maryland | 2 | $ 323,000 | $ 161,000 | $ 125,000 |
| Barnstable County Massachusetts | 2 | $ 1,079,000 | $ 539,000 | $ 264,000 |
| Franklin County Massachusetts | 2 | $ 210,000 | $ 105,000 | $ 60,000 |
| New York County New York | 2 | $ 300,000 | $ 150,000 | $ 72,000 |
| Washington County Oregon | 2 | $ 245,000 | $ 122,000 | $ 75,000 |
| El Paso County Texas | 2 | $ 249,000 | $ 124,000 | $ 109,000 |
| Tarrant County Texas | 2 | $ 854,000 | $ 427,000 | $ 1,076,000 |
| Pima County Arizona | 1 | $ 264,000 | $ 264,000 | $ 72,000 |
| Alpine County California | 1 | $ 286,000 | $ 286,000 | $ 212,000 |
| Marin County California | 1 | $ 100,000 | $ 100,000 | $ 198,000 |
| Merced County California | 1 | $ 162,000 | $ 162,000 | $ 129,000 |
| Orange County California | 1 | $ 420,000 | $ 420,000 | $ 147,000 |
| Placer County California | 1 | $ 400,000 | $ 400,000 | $ 168,000 |
| Riverside County California | 1 | $ 442,000 | $ 442,000 | $ 93,000 |
| Sacramento County California | 1 | $ 323,000 | $ 323,000 | $ 118,000 |
| San Diego County California | 1 | $ 500,000 | $ 500,000 | $ 170,000 |
| San Mateo County California | 1 | $ 100,000 | $ 100,000 | $ 240,000 |
| Santa Clara County California | 1 | $ 150,000 | $ 150,000 | $ 229,000 |
| Yolo County California | 1 | $ 250,000 | $ 250,000 | $ 219,000 |
| Arapahoe County Colorado | 1 | $ 540,000 | $ 540,000 | $ 132,000 |
| Hartford County Connecticut | 1 | $ 448,000 | $ 448,000 | $ 207,000 |
| New Haven County Connecticut | 1 | $ 485,000 | $ 485,000 | $ 190,000 |
| Alachua County Florida | 1 | $ 135,000 | $ 135,000 | $ 105,000 |
| Brevard County Florida | 1 | $ 209,000 | $ 209,000 | $ 120,000 |
| Broward County Florida | 1 | $ 387,000 | $ 387,000 | $ 203,000 |
| Collier County Florida | 1 | $ 289,000 | $ 289,000 | $ 280,000 |
| Monroe County Florida | 1 | $ 424,000 | $ 424,000 | $ 122,000 |
| Orange County Florida | 1 | $ 172,000 | $ 172,000 | $ 253,000 |
| Pinellas County Florida | 1 | $ 228,000 | $ 228,000 | $ 209,000 |
| Walton County Florida | 1 | $ 162,000 | $ 162,000 | $ 59,000 |
| Marion County Indiana | 1 | $ 50,000 | $ 50,000 | $ 168,000 |
| Kennebec County Maine | 1 | $ 104,000 | $ 104,000 | $ 55,000 |
| Howard County Maryland | 1 | $ 240,000 | $ 240,000 | $ 135,000 |
| Bristol County Massachusetts | 1 | $ 15,000 | $ 15,000 | $ 118,000 |
| Hampden County Massachusetts | 1 | $ 120,000 | $ 120,000 | $ 131,000 |
| Oakland County Michigan | 1 | $ 278,000 | $ 278,000 | $ 121,000 |
| Clark County Nevada | 1 | $ 175,000 | $ 175,000 | $ 109,000 |
| Cheshire County New Hampshire | 1 | $ 85,000 | $ 85,000 | $ 100,000 |
| Strafford County New Hampshire | 1 | $ 27,000 | $ 27,000 | $ 87,000 |
| Bergen County New Jersey | 1 | $ 235,000 | $ 235,000 | $ 358,000 |
| Middlesex County New Jersey | 1 | $ 140,000 | $ 140,000 | $ 135,000 |
| Morris County New Jersey | 1 | $ 190,000 | $ 190,000 | $ 297,000 |
| Chenango County New York | 1 | $ 50,000 | $ 50,000 | $ 148,000 |
| Erie County New York | 1 | $ 176,000 | $ 176,000 | $ 116,000 |
| Kings County New York | 1 | $ 400,000 | $ 400,000 | $ 686,000 |
| Monroe County New York | 1 | $ 101,000 | $ 101,000 | $ 217,000 |
| Nassau County New York | 1 | $ 362,000 | $ 362,000 | $ 120,000 |
| Niagara County New York | 1 | $ 214,000 | $ 214,000 | $ 89,000 |
| Rockland County New York | 1 | $ 342,000 | $ 342,000 | $ 272,000 |
| Westchester County New York | 1 | $ 528,000 | $ 528,000 | $ 187,000 |
| Orange County North Carolina | 1 | $ 200,000 | $ 200,000 | $ 330,000 |
| Wake County North Carolina | 1 | $ 186,000 | $ 186,000 | $ 132,000 |
| Montgomery County Pennsylvania | 1 | $ 424,000 | $ 424,000 | $ 95,000 |
| Philadelphia County Pennsylvania | 1 | $ 41,000 | $ 41,000 | $ 82,000 |
| Fort Bend County Texas | 1 | $ 228,000 | $ 228,000 | $ 211,000 |
| Harris County Texas | 1 | $ 264,000 | $ 264,000 | $ 92,000 |
| Travis County Texas | 1 | $ 175,000 | $ 175,000 | $ 130,000 |
| Utah County Utah | 1 | $ 424,000 | $ 424,000 | $ 145,000 |
| Charlottesville County Virginia | 1 | $ 359,000 | $ 359,000 | $ 241,000 |
| Clarke County Virginia | 1 | $ 20,000 | $ 20,000 | $ 118,000 |
| Fairfax County Virginia | 1 | $ 250,000 | $ 250,000 | $ 96,000 |
| Henrico County Virginia | 1 | $ 150,000 | $ 150,000 | $ 140,000 |
| Loudoun County Virginia | 1 | $ 406,000 | $ 406,000 | $ 324,000 |
| King County Washington | 1 | $ 806,000 | $ 806,000 | $ 177,000 |
| Pierce County Washington | 1 | $ 336,000 | $ 336,000 | $ 362,000 |
Mortgage Loan Application Detail Totals for Mass. Institute Of Tech. Federal Credit Union in 2017
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 | 134 | $12,411,000 | $92,000 | $400,000 | $171,000 | $406,000 |
| Home Purchase | 127 | $45,483,000 | $358,000 | $825,000 | $184,000 | $2,002,000 |
| Refinancing | 109 | $1,520,527,000 | $13,949,000 | $1,485,000,000 | $181,000 | $834,000 |
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 | 179 | $40,932,000 | $228,000 | $1,125,000 | $177,000 | $834,000 |
| Not Provided | 120 | $1,521,358,000 | $12,677,000 | $1,485,000,000 | $162,000 | $433,000 |
| Asian | 38 | $9,018,000 | $237,000 | $598,000 | $215,000 | $2,002,000 |
| Hispanic | 19 | $3,729,000 | $196,000 | $567,000 | $233,000 | $545,000 |
| Black or African American | 13 | $2,959,000 | $227,000 | $640,000 | $161,000 | $370,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $425,000 | $425,000 | $425,000 | $114,000 | $114,000 |
| 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) | 370 | $1,578,421,000 | $4,266,000 | $1,485,000,000 | $178,000 | $2,002,000 |
| 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 | 182 | $34,170,000 | $187,000 | $1,042,000 | $189,000 | $2,002,000 |
| Loan Purchased By The Institution | 117 | $1,535,561,000 | $13,124,000 | $1,485,000,000 | $177,000 | $834,000 |
| Application Denied By Financial Institution | 33 | $3,201,000 | $97,000 | $681,000 | $121,000 | $383,000 |
| Application Withdrawn By Applicant | 32 | $4,550,000 | $142,000 | $400,000 | $189,000 | $686,000 |
| File Closed For Incompleteness | 6 | $939,000 | $156,000 | $200,000 | $116,000 | $246,000 |
| Application Approved But Not Accepted | 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 | 16 | $1,179,000 | $73,000 | $186,000 | $100,000 | $293,000 |
| Other | 10 | $1,011,000 | $101,000 | $400,000 | $156,000 | $383,000 |
| Credit History | 4 | $140,000 | $35,000 | $50,000 | $79,000 | $110,000 |
| Unverifiable Information | 1 | $157,000 | $157,000 | $157,000 | $170,000 | $170,000 |
| Collateral | 1 | $33,000 | $33,000 | $33,000 | $103,000 | $103,000 |
| 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mass. Institute Of Tech. Federal Credit Union's 2017 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 Mass. Institute Of Tech. 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.