Mass. Institute Of Tech. Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2019
Mass. Institute Of Tech. Federal Credit Union 2019 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 | 569 |
| Total Mortgage Loan Application Amount | $132,425,000 |
| Average Mortgage Loan Application Amount | $256,000 |
| Highest Mortgage Loan Application Amount | $1,505,000 |
| Average Applicant Income | $196,200 |
| Highest Applicant Income | $1,717,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2019 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 2019 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 2019.
| 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 | 208 | $ 48,490,000 | $ 233,000 | $ 189,000 |
| Suffolk County Massachusetts | 50 | $ 10,470,000 | $ 209,000 | $ 159,000 |
| Essex County Massachusetts | 46 | $ 7,320,000 | $ 159,000 | $ 219,000 |
| Norfolk County Massachusetts | 39 | $ 6,595,000 | $ 169,000 | $ 180,000 |
| Worcester County Massachusetts | 13 | $ 1,665,000 | $ 128,000 | $ 141,000 |
| Hillsborough County New Hampshire | 12 | $ 2,180,000 | $ 181,000 | $ 164,000 |
| Rockingham County New Hampshire | 10 | $ 1,470,000 | $ 147,000 | $ 170,000 |
| Plymouth County Massachusetts | 7 | $ 725,000 | $ 103,000 | $ 200,000 |
| Bristol County Massachusetts | 6 | $ 430,000 | $ 71,000 | $ 106,000 |
| Los Angeles County California | 5 | $ 2,175,000 | $ 435,000 | $ 220,000 |
| Westchester County New York | 5 | $ 2,355,000 | $ 471,000 | $ 243,000 |
| San Diego County California | 4 | $ 1,840,000 | $ 460,000 | $ 155,000 |
| Fulton County Georgia | 4 | $ 2,000,000 | $ 500,000 | $ 188,000 |
| Barnstable County Massachusetts | 4 | $ 1,020,000 | $ 255,000 | $ 115,000 |
| Middlesex County New Jersey | 4 | $ 610,000 | $ 152,000 | $ 96,000 |
| Tarrant County Texas | 4 | $ 1,420,000 | $ 355,000 | $ 1,717,000 |
| Santa Clara County California | 3 | $ 825,000 | $ 275,000 | $ 189,000 |
| Santa Cruz County California | 3 | $ 1,845,000 | $ 615,000 | $ 538,000 |
| Miami-Dade County Florida | 3 | $ 795,000 | $ 265,000 | $ 141,000 |
| Montgomery County Maryland | 3 | $ 815,000 | $ 271,000 | $ 219,000 |
| Hampden County Massachusetts | 3 | $ 205,000 | $ 68,000 | $ 74,000 |
| Hennepin County Minnesota | 3 | $ 495,000 | $ 165,000 | $ 138,000 |
| Ramsey County Minnesota | 3 | $ 705,000 | $ 235,000 | $ 211,000 |
| Kings County New York | 3 | $ 1,915,000 | $ 638,000 | $ 249,000 |
| Philadelphia County Pennsylvania | 3 | $ 795,000 | $ 265,000 | $ 135,000 |
| Travis County Texas | 3 | $ 1,005,000 | $ 335,000 | $ 175,000 |
| King County Washington | 3 | $ 1,445,000 | $ 481,000 | $ 158,000 |
| Maricopa County Arizona | 2 | $ 710,000 | $ 355,000 | $ 283,000 |
| Orange County California | 2 | $ 940,000 | $ 470,000 | $ 560,000 |
| San Mateo County California | 2 | $ 950,000 | $ 475,000 | $ 127,000 |
| Denver County Colorado | 2 | $ 650,000 | $ 325,000 | $ 208,000 |
| Prince George's County Maryland | 2 | $ 360,000 | $ 180,000 | $ 144,000 |
| Carroll County New Hampshire | 2 | $ 540,000 | $ 270,000 | $ 234,000 |
| Merrimack County New Hampshire | 2 | $ 530,000 | $ 265,000 | $ 95,000 |
| Erie County New York | 2 | $ 460,000 | $ 230,000 | $ 188,000 |
| New York County New York | 2 | $ 270,000 | $ 135,000 | $ 153,000 |
| Suffolk County New York | 2 | $ 940,000 | $ 470,000 | $ 216,000 |
| Buncombe County North Carolina | 2 | $ 1,300,000 | $ 650,000 | $ 105,000 |
| Durham County North Carolina | 2 | $ 340,000 | $ 170,000 | $ 176,000 |
| Wake County North Carolina | 2 | $ 970,000 | $ 485,000 | $ 133,000 |
| Allegheny County Pennsylvania | 2 | $ 690,000 | $ 345,000 | $ 235,000 |
| Montgomery County Pennsylvania | 2 | $ 730,000 | $ 365,000 | $ 255,000 |
| Providence County Rhode Island | 2 | $ 310,000 | $ 155,000 | $ 92,000 |
| Davidson County Tennessee | 2 | $ 500,000 | $ 250,000 | $ 171,000 |
| Sumner County Tennessee | 2 | $ 510,000 | $ 255,000 | $ 130,000 |
| Dallas County Texas | 2 | $ 670,000 | $ 335,000 | $ 131,000 |
| Albemarle County Virginia | 2 | $ 350,000 | $ 175,000 | $ 220,000 |
| Arlington County Virginia | 2 | $ 1,030,000 | $ 515,000 | $ 272,000 |
| Montgomery County Virginia | 2 | $ 560,000 | $ 280,000 | $ 192,000 |
| Anchorage County Alaska | 1 | $ 285,000 | $ 285,000 | $ 151,000 |
| Alameda County California | 1 | $ 255,000 | $ 255,000 | $ 91,000 |
| Contra Costa County California | 1 | $ 485,000 | $ 485,000 | $ 241,000 |
| Sacramento County California | 1 | $ 295,000 | $ 295,000 | $ 107,000 |
| Sonoma County California | 1 | $ 35,000 | $ 35,000 | $ 210,000 |
| Arapahoe County Colorado | 1 | $ 535,000 | $ 535,000 | $ 145,000 |
| Boulder County Colorado | 1 | $ 625,000 | $ 625,000 | $ 0 |
| Broomfield County Colorado | 1 | $ 365,000 | $ 365,000 | $ 132,000 |
| El Paso County Colorado | 1 | $ 385,000 | $ 385,000 | $ 94,000 |
| Jefferson County Colorado | 1 | $ 205,000 | $ 205,000 | $ 75,000 |
| Fairfield County Connecticut | 1 | $ 155,000 | $ 155,000 | $ 230,000 |
| Litchfield County Connecticut | 1 | $ 75,000 | $ 75,000 | $ 151,000 |
| Brevard County Florida | 1 | $ 35,000 | $ 35,000 | $ 165,000 |
| Broward County Florida | 1 | $ 125,000 | $ 125,000 | $ 151,000 |
| Charlotte County Florida | 1 | $ 175,000 | $ 175,000 | $ 181,000 |
| Collier County Florida | 1 | $ 235,000 | $ 235,000 | $ 279,000 |
| Lee County Florida | 1 | $ 55,000 | $ 55,000 | $ 96,000 |
| Okaloosa County Florida | 1 | $ 105,000 | $ 105,000 | $ 47,000 |
| Orange County Florida | 1 | $ 215,000 | $ 215,000 | $ 92,000 |
| Palm Beach County Florida | 1 | $ 125,000 | $ 125,000 | $ 206,000 |
| Cobb County Georgia | 1 | $ 175,000 | $ 175,000 | $ 154,000 |
| DeKalb County Georgia | 1 | $ 125,000 | $ 125,000 | $ 43,000 |
| Fayette County Georgia | 1 | $ 175,000 | $ 175,000 | $ 164,000 |
| Gwinnett County Georgia | 1 | $ 25,000 | $ 25,000 | $ 37,000 |
| Maui County Hawaii | 1 | $ 465,000 | $ 465,000 | $ 500,000 |
| Hamilton County Indiana | 1 | $ 325,000 | $ 325,000 | $ 117,000 |
| Johnson County Kansas | 1 | $ 35,000 | $ 35,000 | $ 54,000 |
| East Baton Rouge County Louisiana | 1 | $ 195,000 | $ 195,000 | $ 126,000 |
| Cumberland County Maine | 1 | $ 65,000 | $ 65,000 | $ 15,000 |
| York County Maine | 1 | $ 35,000 | $ 35,000 | $ 60,000 |
| Baltimore County Maryland | 1 | $ 225,000 | $ 225,000 | $ 130,000 |
| Baltimore City County Maryland | 1 | $ 15,000 | $ 15,000 | $ 114,000 |
| Jackson County Michigan | 1 | $ 235,000 | $ 235,000 | $ 96,000 |
| Livingston County Michigan | 1 | $ 245,000 | $ 245,000 | $ 191,000 |
| Oakland County Michigan | 1 | $ 45,000 | $ 45,000 | $ 131,000 |
| Clark County Nevada | 1 | $ 355,000 | $ 355,000 | $ 160,000 |
| Cheshire County New Hampshire | 1 | $ 185,000 | $ 185,000 | $ 205,000 |
| Strafford County New Hampshire | 1 | $ 125,000 | $ 125,000 | $ 110,000 |
| Bergen County New Jersey | 1 | $ 305,000 | $ 305,000 | $ 727,000 |
| Cape May County New Jersey | 1 | $ 355,000 | $ 355,000 | $ 839,000 |
| Essex County New Jersey | 1 | $ 105,000 | $ 105,000 | $ 394,000 |
| Mercer County New Jersey | 1 | $ 105,000 | $ 105,000 | $ 54,000 |
| Monmouth County New Jersey | 1 | $ 975,000 | $ 975,000 | $ 249,000 |
| Sussex County New Jersey | 1 | $ 145,000 | $ 145,000 | $ 632,000 |
| Santa Fe County New Mexico | 1 | $ 215,000 | $ 215,000 | $ 68,000 |
| Columbia County New York | 1 | $ 295,000 | $ 295,000 | $ 369,000 |
| Delaware County New York | 1 | $ 215,000 | $ 215,000 | $ 272,000 |
| Greene County New York | 1 | $ 175,000 | $ 175,000 | $ 198,000 |
| Onondaga County New York | 1 | $ 165,000 | $ 165,000 | $ 107,000 |
| Queens County New York | 1 | $ 795,000 | $ 795,000 | $ 142,000 |
| Tompkins County New York | 1 | $ 55,000 | $ 55,000 | $ 108,000 |
| Ulster County New York | 1 | $ 195,000 | $ 195,000 | $ 250,000 |
| Guilford County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 165,000 |
| Franklin County Ohio | 1 | $ 555,000 | $ 555,000 | $ 200,000 |
| Summit County Ohio | 1 | $ 15,000 | $ 15,000 | $ 103,000 |
| Benton County Oregon | 1 | $ 305,000 | $ 305,000 | $ 102,000 |
| Lane County Oregon | 1 | $ 245,000 | $ 245,000 | $ 108,000 |
| Multnomah County Oregon | 1 | $ 305,000 | $ 305,000 | $ 232,000 |
| Bucks County Pennsylvania | 1 | $ 285,000 | $ 285,000 | $ 157,000 |
| Chester County Pennsylvania | 1 | $ 485,000 | $ 485,000 | $ 270,000 |
| Lancaster County Pennsylvania | 1 | $ 285,000 | $ 285,000 | $ 143,000 |
| Kent County Rhode Island | 1 | $ 25,000 | $ 25,000 | $ 80,000 |
| Horry County South Carolina | 1 | $ 105,000 | $ 105,000 | $ 170,000 |
| Bexar County Texas | 1 | $ 485,000 | $ 485,000 | $ 190,000 |
| Fort Bend County Texas | 1 | $ 65,000 | $ 65,000 | $ 320,000 |
| Harris County Texas | 1 | $ 275,000 | $ 275,000 | $ 105,000 |
| Salt Lake County Utah | 1 | $ 375,000 | $ 375,000 | $ 141,000 |
| Windsor County Vermont | 1 | $ 75,000 | $ 75,000 | $ 416,000 |
| Alleghany County Virginia | 1 | $ 105,000 | $ 105,000 | $ 98,000 |
| Fairfax County Virginia | 1 | $ 105,000 | $ 105,000 | $ 265,000 |
| Whatcom County Washington | 1 | $ 415,000 | $ 415,000 | $ 125,000 |
Mortgage Loan Application Detail Totals for Mass. Institute Of Tech. Federal Credit Union in 2019
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 | 184 | $19,480,000 | $105,000 | $405,000 | $182,000 | $1,262,000 |
| Home Purchase | 141 | $51,045,000 | $362,000 | $1,505,000 | $185,000 | $839,000 |
| Refinancing | 115 | $30,415,000 | $264,000 | $775,000 | $214,000 | $1,717,000 |
| Other Purpose | 87 | $16,175,000 | $185,000 | $865,000 | $238,000 | $1,717,000 |
| Cash-out Refinancing | 42 | $15,310,000 | $364,000 | $975,000 | $162,000 | $444,000 |
| 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 | 300 | $60,510,000 | $201,000 | $975,000 | $192,000 | $1,262,000 |
| Not Provided | 143 | $43,075,000 | $301,000 | $1,505,000 | $182,000 | $817,000 |
| Asian | 53 | $14,485,000 | $273,000 | $1,035,000 | $316,000 | $1,717,000 |
| Hispanic | 31 | $5,875,000 | $189,000 | $665,000 | $160,000 | $394,000 |
| Black or African American | 25 | $4,765,000 | $190,000 | $885,000 | $142,000 | $312,000 |
| Not applicable | 4 | $170,000 | $42,000 | $105,000 | $129,000 | $215,000 |
| American Indian or Alaskan Native | 2 | $450,000 | $225,000 | $375,000 | $133,000 | $141,000 |
| 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) | 569 | $132,425,000 | $232,000 | $1,505,000 | $196,000 | $1,717,000 |
| 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 | 292 | $54,210,000 | $185,000 | $1,405,000 | $217,000 | $1,717,000 |
| Loan Purchased By The Institution | 122 | $47,030,000 | $385,000 | $895,000 | $185,000 | $616,000 |
| Application Denied By Financial Institution | 66 | $13,160,000 | $199,000 | $1,505,000 | $156,000 | $1,262,000 |
| Application Withdrawn By Applicant | 66 | $9,250,000 | $140,000 | $605,000 | $168,000 | $727,000 |
| Application Approved But Not Accepted | 23 | $8,775,000 | $381,000 | $865,000 | $181,000 | $834,000 |
| File Closed For Incompleteness | 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 | 503 | $119,265,000 | $237,000 | $1,405,000 | $201,000 | $1,717,000 |
| Debt-To-Income Ratio | 25 | $3,585,000 | $143,000 | $645,000 | $106,000 | $262,000 |
| Other | 12 | $4,990,000 | $415,000 | $1,505,000 | $165,000 | $398,000 |
| Credit History | 12 | $2,090,000 | $174,000 | $605,000 | $145,000 | $267,000 |
| Collateral | 11 | $1,305,000 | $118,000 | $305,000 | $170,000 | $416,000 |
| Credit Application Incomplete | 4 | $760,000 | $190,000 | $405,000 | $162,000 | $240,000 |
| Unverifiable Information | 1 | $405,000 | $405,000 | $405,000 | $1,262,000 | $1,262,000 |
| Employment History | 1 | $25,000 | $25,000 | $25,000 | $110,000 | $110,000 |
| 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 2019 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.