Mass. Institute Of Tech. Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2018
Mass. Institute Of Tech. Federal Credit Union 2018 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 | 636 |
| Total Mortgage Loan Application Amount | $128,120,000 |
| Average Mortgage Loan Application Amount | $244,600 |
| Highest Mortgage Loan Application Amount | $2,005,000 |
| Average Applicant Income | $173,000 |
| Highest Applicant Income | $783,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2018 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 2018 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 2018.
| 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 | 241 | $ 47,415,000 | $ 196,000 | $ 169,000 |
| Suffolk County Massachusetts | 66 | $ 11,480,000 | $ 173,000 | $ 149,000 |
| Norfolk County Massachusetts | 38 | $ 7,070,000 | $ 186,000 | $ 189,000 |
| Essex County Massachusetts | 33 | $ 5,265,000 | $ 159,000 | $ 139,000 |
| Hillsborough County New Hampshire | 23 | $ 1,845,000 | $ 80,000 | $ 137,000 |
| Worcester County Massachusetts | 21 | $ 1,685,000 | $ 80,000 | $ 152,000 |
| Plymouth County Massachusetts | 11 | $ 975,000 | $ 88,000 | $ 146,000 |
| Alameda County California | 9 | $ 3,415,000 | $ 379,000 | $ 242,000 |
| Santa Clara County California | 8 | $ 3,590,000 | $ 448,000 | $ 192,000 |
| Montgomery County Maryland | 8 | $ 1,910,000 | $ 238,000 | $ 206,000 |
| Rockingham County New Hampshire | 8 | $ 1,380,000 | $ 172,000 | $ 118,000 |
| King County Washington | 8 | $ 2,210,000 | $ 276,000 | $ 199,000 |
| Los Angeles County California | 7 | $ 1,425,000 | $ 203,000 | $ 231,000 |
| Cook County Illinois | 6 | $ 1,830,000 | $ 305,000 | $ 165,000 |
| Westchester County New York | 6 | $ 3,380,000 | $ 563,000 | $ 254,000 |
| San Diego County California | 5 | $ 1,735,000 | $ 347,000 | $ 179,000 |
| Philadelphia County Pennsylvania | 5 | $ 765,000 | $ 153,000 | $ 104,000 |
| San Mateo County California | 4 | $ 1,370,000 | $ 342,000 | $ 319,000 |
| Miami-Dade County Florida | 4 | $ 750,000 | $ 187,000 | $ 77,000 |
| New York County New York | 4 | $ 1,190,000 | $ 297,000 | $ 248,000 |
| Harris County Texas | 4 | $ 1,260,000 | $ 315,000 | $ 148,000 |
| Contra Costa County California | 3 | $ 945,000 | $ 315,000 | $ 430,000 |
| Boulder County Colorado | 3 | $ 805,000 | $ 268,000 | $ 187,000 |
| Denver County Colorado | 3 | $ 875,000 | $ 291,000 | $ 293,000 |
| District of Columbia County District Of Columbia | 3 | $ 535,000 | $ 178,000 | $ 322,000 |
| Barnstable County Massachusetts | 3 | $ 815,000 | $ 271,000 | $ 221,000 |
| Oakland County Michigan | 3 | $ 365,000 | $ 121,000 | $ 186,000 |
| Washoe County Nevada | 3 | $ 1,225,000 | $ 408,000 | $ 179,000 |
| Dallas County Texas | 3 | $ 1,215,000 | $ 405,000 | $ 244,000 |
| Travis County Texas | 3 | $ 685,000 | $ 228,000 | $ 233,000 |
| Arlington County Virginia | 3 | $ 845,000 | $ 281,000 | $ 110,000 |
| Fairfax County Virginia | 3 | $ 735,000 | $ 245,000 | $ 253,000 |
| Sacramento County California | 2 | $ 570,000 | $ 285,000 | $ 117,000 |
| Monroe County Florida | 2 | $ 470,000 | $ 235,000 | $ 300,000 |
| Orange County Florida | 2 | $ 290,000 | $ 145,000 | $ 164,000 |
| Pinellas County Florida | 2 | $ 660,000 | $ 330,000 | $ 155,000 |
| Sarasota County Florida | 2 | $ 190,000 | $ 95,000 | $ 64,000 |
| Washtenaw County Michigan | 2 | $ 680,000 | $ 340,000 | $ 239,000 |
| St. Louis City County Missouri | 2 | $ 170,000 | $ 85,000 | $ 115,000 |
| Merrimack County New Hampshire | 2 | $ 90,000 | $ 45,000 | $ 215,000 |
| Kings County New York | 2 | $ 680,000 | $ 340,000 | $ 138,000 |
| Lane County Oregon | 2 | $ 390,000 | $ 195,000 | $ 180,000 |
| Allegheny County Pennsylvania | 2 | $ 620,000 | $ 310,000 | $ 166,000 |
| Lancaster County Pennsylvania | 2 | $ 240,000 | $ 120,000 | $ 98,000 |
| Davidson County Tennessee | 2 | $ 610,000 | $ 305,000 | $ 119,000 |
| Bexar County Texas | 2 | $ 360,000 | $ 180,000 | $ 235,000 |
| Denton County Texas | 2 | $ 580,000 | $ 290,000 | $ 178,000 |
| Utah County Utah | 2 | $ 150,000 | $ 75,000 | $ 145,000 |
| Coconino County Arizona | 1 | $ 35,000 | $ 35,000 | $ 100,000 |
| Maricopa County Arizona | 1 | $ 255,000 | $ 255,000 | $ 240,000 |
| Orange County California | 1 | $ 545,000 | $ 545,000 | $ 147,000 |
| San Francisco County California | 1 | $ 405,000 | $ 405,000 | $ 260,000 |
| New Haven County Connecticut | 1 | $ 255,000 | $ 255,000 | $ 140,000 |
| Osceola County Florida | 1 | $ 215,000 | $ 215,000 | $ 107,000 |
| Palm Beach County Florida | 1 | $ 205,000 | $ 205,000 | $ 294,000 |
| Seminole County Florida | 1 | $ 125,000 | $ 125,000 | $ 130,000 |
| Fulton County Georgia | 1 | $ 205,000 | $ 205,000 | $ 73,000 |
| Hamilton County Indiana | 1 | $ 335,000 | $ 335,000 | $ 85,000 |
| Johnson County Iowa | 1 | $ 155,000 | $ 155,000 | $ 185,000 |
| East Baton Rouge County Louisiana | 1 | $ 205,000 | $ 205,000 | $ 111,000 |
| Cumberland County Maine | 1 | $ 85,000 | $ 85,000 | $ 45,000 |
| Baltimore City County Maryland | 1 | $ 245,000 | $ 245,000 | $ 83,000 |
| Prince George's County Maryland | 1 | $ 55,000 | $ 55,000 | $ 130,000 |
| Hampshire County Massachusetts | 1 | $ 55,000 | $ 55,000 | $ 238,000 |
| Hennepin County Minnesota | 1 | $ 195,000 | $ 195,000 | $ 76,000 |
| St. Charles County Missouri | 1 | $ 285,000 | $ 285,000 | $ 134,000 |
| Gallatin County Montana | 1 | $ 125,000 | $ 125,000 | $ 75,000 |
| Strafford County New Hampshire | 1 | $ 155,000 | $ 155,000 | $ 172,000 |
| Essex County New Jersey | 1 | $ 175,000 | $ 175,000 | $ 224,000 |
| Mercer County New Jersey | 1 | $ 85,000 | $ 85,000 | $ 222,000 |
| Monmouth County New Jersey | 1 | $ 675,000 | $ 675,000 | $ 120,000 |
| Somerset County New Jersey | 1 | $ 165,000 | $ 165,000 | $ 196,000 |
| Santa Fe County New Mexico | 1 | $ 325,000 | $ 325,000 | $ 209,000 |
| Columbia County New York | 1 | $ 305,000 | $ 305,000 | $ 283,000 |
| Monroe County New York | 1 | $ 135,000 | $ 135,000 | $ 88,000 |
| Nassau County New York | 1 | $ 25,000 | $ 25,000 | $ 191,000 |
| Queens County New York | 1 | $ 255,000 | $ 255,000 | $ 261,000 |
| Suffolk County New York | 1 | $ 125,000 | $ 125,000 | $ 648,000 |
| Ulster County New York | 1 | $ 45,000 | $ 45,000 | $ 71,000 |
| Durham County North Carolina | 1 | $ 125,000 | $ 125,000 | $ 37,000 |
| Orange County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 457,000 |
| Wilson County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 77,000 |
| Multnomah County Oregon | 1 | $ 365,000 | $ 365,000 | $ 143,000 |
| Bucks County Pennsylvania | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Lehigh County Pennsylvania | 1 | $ 175,000 | $ 175,000 | $ 69,000 |
| Montgomery County Pennsylvania | 1 | $ 175,000 | $ 175,000 | $ 193,000 |
| Newport County Rhode Island | 1 | $ 55,000 | $ 55,000 | $ 120,000 |
| El Paso County Texas | 1 | $ 165,000 | $ 165,000 | $ 112,000 |
| Salt Lake County Utah | 1 | $ 135,000 | $ 135,000 | $ 112,000 |
| Orleans County Vermont | 1 | $ 105,000 | $ 105,000 | $ 149,000 |
| Washington County Vermont | 1 | $ 215,000 | $ 215,000 | $ 174,000 |
| Windham County Vermont | 1 | $ 25,000 | $ 25,000 | $ 63,000 |
| Albemarle County Virginia | 1 | $ 185,000 | $ 185,000 | $ 246,000 |
| Falls Church County Virginia | 1 | $ 185,000 | $ 185,000 | $ 215,000 |
| Henrico County Virginia | 1 | $ 55,000 | $ 55,000 | $ 311,000 |
| Loudoun County Virginia | 1 | $ 375,000 | $ 375,000 | $ 315,000 |
| Williamsburg County Virginia | 1 | $ 135,000 | $ 135,000 | $ 61,000 |
| Benton County Washington | 1 | $ 225,000 | $ 225,000 | $ 141,000 |
| Clark County Washington | 1 | $ 345,000 | $ 345,000 | $ 93,000 |
Mortgage Loan Application Detail Totals for Mass. Institute Of Tech. Federal Credit Union in 2018
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 | 294 | $29,040,000 | $98,000 | $705,000 | $170,000 | $783,000 |
| Home Purchase | 156 | $59,290,000 | $380,000 | $2,005,000 | $170,000 | $521,000 |
| Other Purpose | 83 | $14,265,000 | $171,000 | $1,175,000 | $166,000 | $427,000 |
| Refinancing | 70 | $12,400,000 | $177,000 | $855,000 | $183,000 | $617,000 |
| Cash-out Refinancing | 33 | $13,125,000 | $397,000 | $945,000 | $176,000 | $449,000 |
| 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 | 320 | $55,100,000 | $172,000 | $2,005,000 | $167,000 | $460,000 |
| Not Provided | 177 | $43,305,000 | $244,000 | $1,765,000 | $178,000 | $617,000 |
| Asian | 40 | $13,110,000 | $327,000 | $1,175,000 | $178,000 | $720,000 |
| Hispanic | 34 | $6,330,000 | $186,000 | $565,000 | $152,000 | $327,000 |
| Not applicable | 24 | $2,810,000 | $117,000 | $405,000 | $165,000 | $427,000 |
| Black or African American | 22 | $3,000,000 | $136,000 | $545,000 | $177,000 | $648,000 |
| American Indian or Alaskan Native | 2 | $300,000 | $150,000 | $255,000 | $155,000 | $200,000 |
| Native Hawaiian or Other Pacific Islander | 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) | 636 | $128,120,000 | $201,000 | $2,005,000 | $171,000 | $783,000 |
| 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 | 382 | $55,790,000 | $146,000 | $1,175,000 | $173,000 | $783,000 |
| Loan Purchased By The Institution | 99 | $45,015,000 | $454,000 | $2,005,000 | $174,000 | $521,000 |
| Application Denied By Financial Institution | 69 | $8,925,000 | $129,000 | $855,000 | $147,000 | $402,000 |
| Application Withdrawn By Applicant | 62 | $9,490,000 | $153,000 | $485,000 | $178,000 | $720,000 |
| Application Approved But Not Accepted | 22 | $7,990,000 | $363,000 | $885,000 | $174,000 | $330,000 |
| File Closed For Incompleteness | 2 | $910,000 | $455,000 | $705,000 | $352,000 | $352,000 |
| 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 | 567 | $119,195,000 | $210,000 | $2,005,000 | $174,000 | $783,000 |
| Debt-To-Income Ratio | 25 | $2,365,000 | $94,000 | $405,000 | $105,000 | $373,000 |
| Other | 15 | $2,615,000 | $174,000 | $505,000 | $217,000 | $402,000 |
| Credit History | 12 | $1,920,000 | $160,000 | $855,000 | $141,000 | $305,000 |
| Collateral | 11 | $1,365,000 | $124,000 | $335,000 | $176,000 | $360,000 |
| Credit Application Incomplete | 6 | $660,000 | $110,000 | $205,000 | $112,000 | $182,000 |
| Unverifiable Information | 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 2018 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.