Mass. Institute Of Tech. Federal Credit Union
HMDA Loan Application Totals
and Mortgage Lending Details
for 2021
Mass. Institute Of Tech. Federal Credit Union 2021 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 | 668 |
| Total Mortgage Loan Application Amount | $200,250,000 |
| Average Mortgage Loan Application Amount | $300,400 |
| Highest Mortgage Loan Application Amount | $1,885,000 |
| Average Applicant Income | $236,600 |
| Highest Applicant Income | $3,600,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2021 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 2021 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 2021.
| 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 | 227 | $ 67,465,000 | $ 297,000 | $ 303,000 |
| Suffolk County Massachusetts | 47 | $ 12,635,000 | $ 268,000 | $ 200,000 |
| Essex County Massachusetts | 45 | $ 10,525,000 | $ 233,000 | $ 181,000 |
| Norfolk County Massachusetts | 41 | $ 11,205,000 | $ 273,000 | $ 229,000 |
| Worcester County Massachusetts | 25 | $ 6,095,000 | $ 243,000 | $ 143,000 |
| Plymouth County Massachusetts | 21 | $ 4,675,000 | $ 222,000 | $ 157,000 |
| Hillsborough County New Hampshire | 15 | $ 2,755,000 | $ 183,000 | $ 169,000 |
| Los Angeles County California | 12 | $ 5,040,000 | $ 420,000 | $ 222,000 |
| Rockingham County New Hampshire | 10 | $ 2,090,000 | $ 209,000 | $ 133,000 |
| Cook County Illinois | 8 | $ 2,820,000 | $ 352,000 | $ 255,000 |
| King County Washington | 8 | $ 4,130,000 | $ 516,000 | $ 211,000 |
| Wake County North Carolina | 7 | $ 2,325,000 | $ 332,000 | $ 144,000 |
| Fairfax County Virginia | 6 | $ 3,550,000 | $ 591,000 | $ 186,000 |
| Palm Beach County Florida | 5 | $ 1,225,000 | $ 245,000 | $ 145,000 |
| Barnstable County Massachusetts | 5 | $ 1,145,000 | $ 229,000 | $ 198,000 |
| New York County New York | 5 | $ 3,055,000 | $ 611,000 | $ 192,000 |
| Boulder County Colorado | 4 | $ 1,980,000 | $ 495,000 | $ 257,000 |
| Montgomery County Maryland | 4 | $ 1,180,000 | $ 295,000 | $ 171,000 |
| Allegheny County Pennsylvania | 4 | $ 1,020,000 | $ 255,000 | $ 260,000 |
| Harris County Texas | 4 | $ 1,210,000 | $ 302,000 | $ 169,000 |
| Tarrant County Texas | 4 | $ 1,630,000 | $ 407,000 | $ 1,831,000 |
| Alameda County California | 3 | $ 865,000 | $ 288,000 | $ 236,000 |
| San Francisco County California | 3 | $ 1,515,000 | $ 505,000 | $ 293,000 |
| Santa Cruz County California | 3 | $ 2,955,000 | $ 985,000 | $ 417,000 |
| Denver County Colorado | 3 | $ 815,000 | $ 271,000 | $ 188,000 |
| Collier County Florida | 3 | $ 815,000 | $ 271,000 | $ 228,000 |
| Fulton County Georgia | 3 | $ 1,355,000 | $ 451,000 | $ 242,000 |
| Hampshire County Massachusetts | 3 | $ 605,000 | $ 201,000 | $ 281,000 |
| Cheshire County New Hampshire | 3 | $ 985,000 | $ 328,000 | $ 137,000 |
| Rensselaer County New York | 3 | $ 785,000 | $ 261,000 | $ 163,000 |
| Lehigh County Pennsylvania | 3 | $ 845,000 | $ 281,000 | $ 116,000 |
| Providence County Rhode Island | 3 | $ 515,000 | $ 171,000 | $ 71,000 |
| Salt Lake County Utah | 3 | $ 425,000 | $ 141,000 | $ 127,000 |
| Monterey County California | 2 | $ 1,270,000 | $ 635,000 | $ 211,000 |
| San Diego County California | 2 | $ 1,310,000 | $ 655,000 | $ 290,000 |
| Santa Clara County California | 2 | $ 1,780,000 | $ 890,000 | $ 178,000 |
| Jefferson County Colorado | 2 | $ 1,170,000 | $ 585,000 | $ 183,000 |
| New Haven County Connecticut | 2 | $ 580,000 | $ 290,000 | $ 71,000 |
| District of Columbia County District Of Columbia | 2 | $ 1,150,000 | $ 575,000 | $ 131,000 |
| Miami-Dade County Florida | 2 | $ 520,000 | $ 260,000 | $ 204,000 |
| Hawaii County Hawaii | 2 | $ 710,000 | $ 355,000 | $ 187,000 |
| Oxford County Maine | 2 | $ 420,000 | $ 210,000 | $ 177,000 |
| Bristol County Massachusetts | 2 | $ 500,000 | $ 250,000 | $ 96,000 |
| Dukes County Massachusetts | 2 | $ 1,250,000 | $ 625,000 | $ 0 |
| Washtenaw County Michigan | 2 | $ 200,000 | $ 100,000 | $ 250,000 |
| Strafford County New Hampshire | 2 | $ 480,000 | $ 240,000 | $ 0 |
| Hudson County New Jersey | 2 | $ 430,000 | $ 215,000 | $ 1,255,000 |
| Middlesex County New Jersey | 2 | $ 690,000 | $ 345,000 | $ 235,000 |
| Delaware County New York | 2 | $ 250,000 | $ 125,000 | $ 217,000 |
| Kings County New York | 2 | $ 490,000 | $ 245,000 | $ 236,000 |
| Westchester County New York | 2 | $ 680,000 | $ 340,000 | $ 82,000 |
| Durham County North Carolina | 2 | $ 270,000 | $ 135,000 | $ 132,000 |
| Delaware County Pennsylvania | 2 | $ 1,000,000 | $ 500,000 | $ 230,000 |
| Philadelphia County Pennsylvania | 2 | $ 560,000 | $ 280,000 | $ 91,000 |
| Dallas County Texas | 2 | $ 930,000 | $ 465,000 | $ 1,026,000 |
| Travis County Texas | 2 | $ 1,040,000 | $ 520,000 | $ 270,000 |
| Patrick County Virginia | 2 | $ 180,000 | $ 90,000 | $ 240,000 |
| Mobile County Alabama | 1 | $ 155,000 | $ 155,000 | $ 105,000 |
| Maricopa County Arizona | 1 | $ 545,000 | $ 545,000 | $ 510,000 |
| Pima County Arizona | 1 | $ 265,000 | $ 265,000 | $ 120,000 |
| Santa Cruz County Arizona | 1 | $ 225,000 | $ 225,000 | $ 150,000 |
| Marin County California | 1 | $ 255,000 | $ 255,000 | $ 252,000 |
| Mono County California | 1 | $ 275,000 | $ 275,000 | $ 321,000 |
| Orange County California | 1 | $ 505,000 | $ 505,000 | $ 723,000 |
| Sacramento County California | 1 | $ 335,000 | $ 335,000 | $ 114,000 |
| San Bernardino County California | 1 | $ 385,000 | $ 385,000 | $ 150,000 |
| Arapahoe County Colorado | 1 | $ 195,000 | $ 195,000 | $ 233,000 |
| Larimer County Colorado | 1 | $ 365,000 | $ 365,000 | $ 83,000 |
| Hartford County Connecticut | 1 | $ 205,000 | $ 205,000 | $ 251,000 |
| Litchfield County Connecticut | 1 | $ 155,000 | $ 155,000 | $ 130,000 |
| Windham County Connecticut | 1 | $ 245,000 | $ 245,000 | $ 0 |
| New Castle County Delaware | 1 | $ 345,000 | $ 345,000 | $ 259,000 |
| Brevard County Florida | 1 | $ 225,000 | $ 225,000 | $ 78,000 |
| Broward County Florida | 1 | $ 285,000 | $ 285,000 | $ 139,000 |
| Manatee County Florida | 1 | $ 725,000 | $ 725,000 | $ 325,000 |
| Monroe County Florida | 1 | $ 415,000 | $ 415,000 | $ 144,000 |
| Pinellas County Florida | 1 | $ 325,000 | $ 325,000 | $ 310,000 |
| Chatham County Georgia | 1 | $ 275,000 | $ 275,000 | $ 83,000 |
| Cobb County Georgia | 1 | $ 115,000 | $ 115,000 | $ 322,000 |
| Harris County Georgia | 1 | $ 85,000 | $ 85,000 | $ 48,000 |
| Ada County Idaho | 1 | $ 355,000 | $ 355,000 | $ 193,000 |
| DuPage County Illinois | 1 | $ 485,000 | $ 485,000 | $ 178,000 |
| McLean County Illinois | 1 | $ 105,000 | $ 105,000 | $ 130,000 |
| Winnebago County Illinois | 1 | $ 275,000 | $ 275,000 | $ 107,000 |
| Marion County Indiana | 1 | $ 25,000 | $ 25,000 | $ 114,000 |
| Warren County Kentucky | 1 | $ 205,000 | $ 205,000 | $ 242,000 |
| Cumberland County Maine | 1 | $ 225,000 | $ 225,000 | $ 0 |
| York County Maine | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Anne Arundel County Maryland | 1 | $ 25,000 | $ 25,000 | $ 58,000 |
| Baltimore County Maryland | 1 | $ 225,000 | $ 225,000 | $ 153,000 |
| Baltimore City County Maryland | 1 | $ 165,000 | $ 165,000 | $ 123,000 |
| Oakland County Michigan | 1 | $ 165,000 | $ 165,000 | $ 130,000 |
| Ramsey County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 400,000 |
| Gallatin County Montana | 1 | $ 315,000 | $ 315,000 | $ 185,000 |
| Clark County Nevada | 1 | $ 155,000 | $ 155,000 | $ 31,000 |
| Grafton County New Hampshire | 1 | $ 35,000 | $ 35,000 | $ 180,000 |
| Merrimack County New Hampshire | 1 | $ 25,000 | $ 25,000 | $ 126,000 |
| Sullivan County New Hampshire | 1 | $ 255,000 | $ 255,000 | $ 315,000 |
| Mercer County New Jersey | 1 | $ 415,000 | $ 415,000 | $ 250,000 |
| Ocean County New Jersey | 1 | $ 345,000 | $ 345,000 | $ 154,000 |
| Los Alamos County New Mexico | 1 | $ 315,000 | $ 315,000 | $ 343,000 |
| Santa Fe County New Mexico | 1 | $ 375,000 | $ 375,000 | $ 213,000 |
| Albany County New York | 1 | $ 55,000 | $ 55,000 | $ 78,000 |
| Monroe County New York | 1 | $ 225,000 | $ 225,000 | $ 200,000 |
| Rockland County New York | 1 | $ 325,000 | $ 325,000 | $ 321,000 |
| Suffolk County New York | 1 | $ 35,000 | $ 35,000 | $ 362,000 |
| Tompkins County New York | 1 | $ 245,000 | $ 245,000 | $ 152,000 |
| Washington County New York | 1 | $ 155,000 | $ 155,000 | $ 74,000 |
| Forsyth County North Carolina | 1 | $ 175,000 | $ 175,000 | $ 72,000 |
| Orange County North Carolina | 1 | $ 675,000 | $ 675,000 | $ 221,000 |
| Franklin County Ohio | 1 | $ 535,000 | $ 535,000 | $ 200,000 |
| Hamilton County Ohio | 1 | $ 305,000 | $ 305,000 | $ 112,000 |
| Crook County Oregon | 1 | $ 205,000 | $ 205,000 | $ 126,000 |
| Lane County Oregon | 1 | $ 395,000 | $ 395,000 | $ 124,000 |
| Multnomah County Oregon | 1 | $ 215,000 | $ 215,000 | $ 138,000 |
| Berks County Pennsylvania | 1 | $ 305,000 | $ 305,000 | $ 136,000 |
| Bucks County Pennsylvania | 1 | $ 205,000 | $ 205,000 | $ 66,000 |
| Chester County Pennsylvania | 1 | $ 165,000 | $ 165,000 | $ 108,000 |
| Pike County Pennsylvania | 1 | $ 225,000 | $ 225,000 | $ 208,000 |
| Van Buren County Tennessee | 1 | $ 205,000 | $ 205,000 | $ 195,000 |
| Bexar County Texas | 1 | $ 475,000 | $ 475,000 | $ 161,000 |
| Fort Bend County Texas | 1 | $ 495,000 | $ 495,000 | $ 166,000 |
| Hays County Texas | 1 | $ 155,000 | $ 155,000 | $ 150,000 |
| Jefferson County Texas | 1 | $ 185,000 | $ 185,000 | $ 110,000 |
| Grand County Utah | 1 | $ 455,000 | $ 455,000 | $ 148,000 |
| Franklin County Vermont | 1 | $ 235,000 | $ 235,000 | $ 171,000 |
| Lamoille County Vermont | 1 | $ 685,000 | $ 685,000 | $ 275,000 |
| Orange County Vermont | 1 | $ 175,000 | $ 175,000 | $ 85,000 |
| Windham County Vermont | 1 | $ 135,000 | $ 135,000 | $ 104,000 |
| Alexandria County Virginia | 1 | $ 725,000 | $ 725,000 | $ 156,000 |
| Charlottesville County Virginia | 1 | $ 335,000 | $ 335,000 | $ 276,000 |
| James City County Virginia | 1 | $ 475,000 | $ 475,000 | $ 141,000 |
| Clark County Washington | 1 | $ 1,005,000 | $ 1,005,000 | $ 245,000 |
| Whatcom County Washington | 1 | $ 395,000 | $ 395,000 | $ 293,000 |
Mortgage Loan Application Detail Totals for Mass. Institute Of Tech. Federal Credit Union in 2021
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 | 179 | $24,745,000 | $138,000 | $545,000 | $242,000 | $1,831,000 |
| Refinancing | 172 | $58,720,000 | $341,000 | $955,000 | $238,000 | $1,831,000 |
| Home Purchase | 140 | $61,840,000 | $441,000 | $1,885,000 | $296,000 | $3,600,000 |
| Cash-out Refinancing | 105 | $41,225,000 | $392,000 | $1,285,000 | $180,000 | $460,000 |
| Other Purpose | 72 | $13,720,000 | $190,000 | $495,000 | $227,000 | $1,680,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 237 | $92,385,000 | $389,000 | $1,285,000 | $144,000 | $144,000 |
| White | 215 | $45,955,000 | $213,000 | $1,885,000 | $210,000 | $1,680,000 |
| Not Provided | 112 | $33,750,000 | $301,000 | $1,885,000 | $240,000 | $1,800,000 |
| Asian | 42 | $13,740,000 | $327,000 | $765,000 | $497,000 | $3,600,000 |
| Black or African American | 24 | $4,470,000 | $186,000 | $595,000 | $247,000 | $2,381,000 |
| Hispanic | 23 | $6,565,000 | $285,000 | $725,000 | $199,000 | $1,632,000 |
| American Indian or Alaskan Native | 5 | $985,000 | $197,000 | $405,000 | $179,000 | $277,000 |
| 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) | 668 | $200,250,000 | $299,000 | $1,885,000 | $246,000 | $3,600,000 |
| 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 | 266 | $66,330,000 | $249,000 | $1,885,000 | $233,000 | $1,831,000 |
| Loan Purchased By The Institution | 236 | $92,330,000 | $391,000 | $1,285,000 | $0 | $0 |
| File Closed For Incompleteness | 55 | $15,745,000 | $286,000 | $805,000 | $296,000 | $2,381,000 |
| Application Withdrawn By Applicant | 52 | $11,550,000 | $222,000 | $1,885,000 | $346,000 | $3,600,000 |
| Application Denied By Financial Institution | 49 | $11,275,000 | $230,000 | $685,000 | $163,000 | $926,000 |
| Application Approved But Not Accepted | 10 | $3,020,000 | $302,000 | $505,000 | $179,000 | $300,000 |
| 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 | 619 | $188,975,000 | $305,000 | $1,885,000 | $256,000 | $3,600,000 |
| Debt-To-Income Ratio | 21 | $4,355,000 | $207,000 | $565,000 | $88,000 | $158,000 |
| Collateral | 16 | $2,900,000 | $181,000 | $685,000 | $230,000 | $926,000 |
| Other | 10 | $3,380,000 | $338,000 | $605,000 | $211,000 | $344,000 |
| Credit Application Incomplete | 1 | $105,000 | $105,000 | $105,000 | $76,000 | $76,000 |
| Credit History | 1 | $535,000 | $535,000 | $535,000 | $200,000 | $200,000 |
| 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 2021 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.