Mortgage Network, Inc.
Mortgage Loan Application
Totals and Details
for 2018

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 Mortgage Network, Inc..
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 Mortgage Network, Inc.
99 Conifer Hill Dr
Danvers, MA 01923
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  
Total Number of Mortgage Applications 8,906
Total Mortgage Loan Application Amount $2,465,660,000
Average Mortgage Loan Application Amount $302,500
Highest Mortgage Loan Application Amount $2,005,000
Average Applicant Income $112,500
Highest Applicant Income $1,410,000

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 Mortgage Network, Inc. by County in 2018

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Beaufort County South Carolina 958 $ 272,810,000 $ 284,000 $ 122,000
Middlesex County Massachusetts 915 $ 385,525,000 $ 421,000 $ 152,000
Essex County Massachusetts 603 $ 195,065,000 $ 323,000 $ 111,000
Hampden County Massachusetts 459 $ 81,635,000 $ 177,000 $ 71,000
Norfolk County Massachusetts 326 $ 133,570,000 $ 409,000 $ 150,000
Cumberland County Maine 281 $ 66,815,000 $ 237,000 $ 107,000
Rockingham County New Hampshire 260 $ 79,140,000 $ 304,000 $ 135,000
Lancaster County Pennsylvania 237 $ 41,175,000 $ 173,000 $ 73,000
Suffolk County Massachusetts 232 $ 109,280,000 $ 471,000 $ 171,000
Providence County Rhode Island 221 $ 60,305,000 $ 272,000 $ 127,000
York County Pennsylvania 209 $ 34,025,000 $ 162,000 $ 72,000
Plymouth County Massachusetts 201 $ 70,485,000 $ 350,000 $ 124,000
Richland County South Carolina 200 $ 39,420,000 $ 197,000 $ 89,000
Worcester County Massachusetts 198 $ 54,210,000 $ 273,000 $ 105,000
Wicomico County Maryland 172 $ 29,500,000 $ 171,000 $ 79,000
York County Maine 156 $ 40,140,000 $ 257,000 $ 106,000
Androscoggin County Maine 137 $ 21,865,000 $ 159,000 $ 66,000
Penobscot County Maine 133 $ 20,445,000 $ 153,000 $ 75,000
Charleston County South Carolina 112 $ 40,050,000 $ 357,000 $ 141,000
Lexington County South Carolina 112 $ 20,570,000 $ 183,000 $ 76,000
Hillsborough County New Hampshire 108 $ 26,640,000 $ 246,000 $ 98,000
Sussex County Delaware 93 $ 21,455,000 $ 230,000 $ 94,000
Montgomery County Pennsylvania 93 $ 23,185,000 $ 249,000 $ 105,000
Hampshire County Massachusetts 92 $ 21,600,000 $ 234,000 $ 108,000
Oxford County Maine 82 $ 12,390,000 $ 151,000 $ 81,000
Dauphin County Pennsylvania 78 $ 11,280,000 $ 144,000 $ 53,000
Lebanon County Pennsylvania 77 $ 11,605,000 $ 150,000 $ 72,000
Bristol County Massachusetts 75 $ 21,595,000 $ 287,000 $ 101,000
Philadelphia County Pennsylvania 57 $ 15,795,000 $ 277,000 $ 125,000
Hartford County Connecticut 55 $ 10,765,000 $ 195,000 $ 77,000
Kennebec County Maine 54 $ 8,180,000 $ 151,000 $ 77,000
Hillsborough County Florida 49 $ 10,695,000 $ 218,000 $ 93,000
Franklin County Massachusetts 46 $ 7,620,000 $ 165,000 $ 80,000
Chester County Pennsylvania 45 $ 11,725,000 $ 260,000 $ 126,000
Strafford County New Hampshire 44 $ 10,230,000 $ 232,000 $ 103,000
Barnstable County Massachusetts 43 $ 13,905,000 $ 323,000 $ 193,000
Worcester County Maryland 39 $ 7,325,000 $ 187,000 $ 102,000
Berkeley County South Carolina 39 $ 8,795,000 $ 225,000 $ 81,000
Jasper County South Carolina 39 $ 7,725,000 $ 198,000 $ 72,000
Morris County New Jersey 38 $ 14,340,000 $ 377,000 $ 149,000
Accomack County Virginia 37 $ 6,665,000 $ 180,000 $ 99,000
Monmouth County New Jersey 36 $ 11,600,000 $ 322,000 $ 142,000
Franklin County Maine 34 $ 5,630,000 $ 165,000 $ 117,000
Bristol County Rhode Island 34 $ 13,340,000 $ 392,000 $ 148,000
Carroll County New Hampshire 33 $ 6,915,000 $ 209,000 $ 153,000
Essex County New Jersey 33 $ 13,025,000 $ 394,000 $ 164,000
Ocean County New Jersey 33 $ 9,065,000 $ 274,000 $ 126,000
Union County New Jersey 32 $ 12,260,000 $ 383,000 $ 132,000
Kent County Rhode Island 30 $ 9,180,000 $ 306,000 $ 150,000
Belknap County New Hampshire 28 $ 5,250,000 $ 187,000 $ 102,000
Cape May County New Jersey 28 $ 6,050,000 $ 216,000 $ 139,000
Hudson County New Jersey 27 $ 10,555,000 $ 390,000 $ 158,000
Washington County Rhode Island 26 $ 7,960,000 $ 306,000 $ 148,000
Somerset County Maryland 25 $ 3,325,000 $ 133,000 $ 56,000
Merrimack County New Hampshire 25 $ 6,975,000 $ 279,000 $ 110,000
Delaware County Pennsylvania 25 $ 5,685,000 $ 227,000 $ 107,000
Dorchester County South Carolina 25 $ 4,955,000 $ 198,000 $ 77,000
Pinellas County Florida 24 $ 4,150,000 $ 172,000 $ 110,000
Mecklenburg County North Carolina 22 $ 7,330,000 $ 333,000 $ 131,000
Bucks County Pennsylvania 22 $ 5,030,000 $ 228,000 $ 117,000
Berks County Pennsylvania 20 $ 3,500,000 $ 175,000 $ 78,000
Cumberland County Pennsylvania 20 $ 3,700,000 $ 185,000 $ 76,000
Hancock County Maine 19 $ 3,515,000 $ 185,000 $ 89,000
Somerset County Maine 19 $ 2,125,000 $ 111,000 $ 70,000
Greenville County South Carolina 19 $ 4,965,000 $ 261,000 $ 91,000
Adams County Pennsylvania 18 $ 3,010,000 $ 167,000 $ 75,000
Chatham County Georgia 17 $ 4,245,000 $ 249,000 $ 122,000
Bergen County New Jersey 17 $ 5,525,000 $ 325,000 $ 137,000
New Haven County Connecticut 16 $ 2,960,000 $ 185,000 $ 75,000
Baltimore City County Maryland 16 $ 3,040,000 $ 190,000 $ 95,000
Somerset County New Jersey 14 $ 5,630,000 $ 402,000 $ 162,000
York County South Carolina 14 $ 4,330,000 $ 309,000 $ 124,000
Pasco County Florida 13 $ 1,655,000 $ 127,000 $ 44,000
Grafton County New Hampshire 13 $ 2,575,000 $ 198,000 $ 101,000
Richmond County New York 13 $ 5,615,000 $ 431,000 $ 243,000
New Castle County Delaware 12 $ 2,620,000 $ 218,000 $ 86,000
Waldo County Maine 12 $ 1,770,000 $ 147,000 $ 73,000
Sagadahoc County Maine 11 $ 2,335,000 $ 212,000 $ 100,000
Newport County Rhode Island 11 $ 3,675,000 $ 334,000 $ 392,000
Kershaw County South Carolina 11 $ 1,655,000 $ 150,000 $ 52,000
Lincoln County Maine 10 $ 1,980,000 $ 198,000 $ 79,000
Anne Arundel County Maryland 10 $ 3,760,000 $ 376,000 $ 115,000
Middlesex County New Jersey 10 $ 2,650,000 $ 265,000 $ 85,000
Tolland County Connecticut 9 $ 2,675,000 $ 297,000 $ 111,000
Knox County Maine 9 $ 1,485,000 $ 165,000 $ 87,000
Camden County New Jersey 9 $ 1,685,000 $ 187,000 $ 143,000
Spartanburg County South Carolina 9 $ 1,455,000 $ 161,000 $ 72,000
Piscataquis County Maine 8 $ 950,000 $ 118,000 $ 87,000
Baltimore County Maryland 8 $ 2,270,000 $ 283,000 $ 86,000
Passaic County New Jersey 8 $ 1,980,000 $ 247,000 $ 108,000
Union County North Carolina 8 $ 2,440,000 $ 305,000 $ 116,000
Aroostook County Maine 7 $ 925,000 $ 132,000 $ 57,000
Harford County Maryland 7 $ 1,725,000 $ 246,000 $ 92,000
Berkshire County Massachusetts 7 $ 1,645,000 $ 235,000 $ 276,000
Kent County Delaware 6 $ 1,120,000 $ 186,000 $ 90,000
Orange County Florida 6 $ 1,460,000 $ 243,000 $ 101,000
Coos County New Hampshire 6 $ 1,300,000 $ 216,000 $ 154,000
Windham County Connecticut 5 $ 1,115,000 $ 223,000 $ 88,000
Columbia County Georgia 5 $ 1,215,000 $ 243,000 $ 131,000
Prince George's County Maryland 5 $ 1,295,000 $ 259,000 $ 117,000
Atlantic County New Jersey 5 $ 895,000 $ 179,000 $ 125,000
Gloucester County New Jersey 5 $ 1,125,000 $ 225,000 $ 154,000
Monroe County Pennsylvania 5 $ 585,000 $ 117,000 $ 103,000
Darlington County South Carolina 5 $ 1,175,000 $ 235,000 $ 82,000
Fairfield County South Carolina 5 $ 985,000 $ 197,000 $ 135,000
Horry County South Carolina 5 $ 1,125,000 $ 225,000 $ 72,000
Litchfield County Connecticut 4 $ 900,000 $ 225,000 $ 98,000
Collier County Florida 4 $ 970,000 $ 242,000 $ 178,000
St. Johns County Florida 4 $ 2,300,000 $ 575,000 $ 277,000
St. Lucie County Florida 4 $ 850,000 $ 212,000 $ 86,000
Dorchester County Maryland 4 $ 760,000 $ 190,000 $ 77,000
Talbot County Maryland 4 $ 820,000 $ 205,000 $ 80,000
Nantucket County Massachusetts 4 $ 3,600,000 $ 900,000 $ 591,000
Cheshire County New Hampshire 4 $ 830,000 $ 207,000 $ 87,000
Burlington County New Jersey 4 $ 810,000 $ 202,000 $ 98,000
Lehigh County Pennsylvania 4 $ 690,000 $ 172,000 $ 50,000
Florence County South Carolina 4 $ 590,000 $ 147,000 $ 88,000
Lancaster County South Carolina 4 $ 1,020,000 $ 255,000 $ 111,000
Newberry County South Carolina 4 $ 680,000 $ 170,000 $ 55,000
Orangeburg County South Carolina 4 $ 590,000 $ 147,000 $ 53,000
Middlesex County Connecticut 3 $ 905,000 $ 301,000 $ 171,000
Broward County Florida 3 $ 735,000 $ 245,000 $ 137,000
Palm Beach County Florida 3 $ 435,000 $ 145,000 $ 81,000
Sarasota County Florida 3 $ 585,000 $ 195,000 $ 65,000
Volusia County Florida 3 $ 685,000 $ 228,000 $ 113,000
Hunterdon County New Jersey 3 $ 545,000 $ 181,000 $ 75,000
Warren County New Jersey 3 $ 565,000 $ 188,000 $ 100,000
Kings County New York 3 $ 1,935,000 $ 645,000 $ 159,000
Cabarrus County North Carolina 3 $ 655,000 $ 218,000 $ 207,000
Polk County North Carolina 3 $ 375,000 $ 125,000 $ 101,000
Allegheny County Pennsylvania 3 $ 595,000 $ 198,000 $ 174,000
Schuylkill County Pennsylvania 3 $ 695,000 $ 231,000 $ 79,000
Saluda County South Carolina 3 $ 775,000 $ 258,000 $ 100,000
Sumter County South Carolina 3 $ 485,000 $ 161,000 $ 166,000
Fairfield County Connecticut 2 $ 1,050,000 $ 525,000 $ 243,000
Charlotte County Florida 2 $ 490,000 $ 245,000 $ 243,000
Indian River County Florida 2 $ 520,000 $ 260,000 $ 119,000
Polk County Florida 2 $ 140,000 $ 70,000 $ 41,000
Clarke County Georgia 2 $ 540,000 $ 270,000 $ 137,000
Effingham County Georgia 2 $ 380,000 $ 190,000 $ 69,000
Hall County Georgia 2 $ 560,000 $ 280,000 $ 177,000
Caroline County Maryland 2 $ 260,000 $ 130,000 $ 43,000
Carroll County Maryland 2 $ 550,000 $ 275,000 $ 86,000
Montgomery County Maryland 2 $ 800,000 $ 400,000 $ 128,000
Dukes County Massachusetts 2 $ 2,060,000 $ 1,030,000 $ 496,000
Sussex County New Jersey 2 $ 460,000 $ 230,000 $ 110,000
Nassau County New York 2 $ 790,000 $ 395,000 $ 111,000
Orange County New York 2 $ 530,000 $ 265,000 $ 136,000
Queens County New York 2 $ 970,000 $ 485,000 $ 132,000
Forsyth County North Carolina 2 $ 590,000 $ 295,000 $ 121,000
Franklin County North Carolina 2 $ 230,000 $ 115,000 $ 43,000
Gaston County North Carolina 2 $ 380,000 $ 190,000 $ 89,000
Guilford County North Carolina 2 $ 260,000 $ 130,000 $ 98,000
Lincoln County North Carolina 2 $ 660,000 $ 330,000 $ 106,000
New Hanover County North Carolina 2 $ 1,020,000 $ 510,000 $ 172,000
Orange County North Carolina 2 $ 750,000 $ 375,000 $ 308,000
Rowan County North Carolina 2 $ 410,000 $ 205,000 $ 273,000
Watauga County North Carolina 2 $ 320,000 $ 160,000 $ 108,000
Franklin County Pennsylvania 2 $ 490,000 $ 245,000 $ 96,000
Luzerne County Pennsylvania 2 $ 340,000 $ 170,000 $ 94,000
Northampton County Pennsylvania 2 $ 360,000 $ 180,000 $ 62,000
Pike County Pennsylvania 2 $ 310,000 $ 155,000 $ 57,000
Aiken County South Carolina 2 $ 450,000 $ 225,000 $ 152,000
Anderson County South Carolina 2 $ 390,000 $ 195,000 $ 197,000
Calhoun County South Carolina 2 $ 600,000 $ 300,000 $ 151,000
Georgetown County South Carolina 2 $ 500,000 $ 250,000 $ 80,000
Windham County Vermont 2 $ 290,000 $ 145,000 $ 112,000
Windsor County Vermont 2 $ 560,000 $ 280,000 $ 272,000
Newport News County Virginia 2 $ 290,000 $ 145,000 $ 48,000
Los Angeles County California 1 $ 1,335,000 $ 1,335,000 $ 1,410,000
Orange County California 1 $ 355,000 $ 355,000 $ 192,000
San Bernardino County California 1 $ 185,000 $ 185,000 $ 42,000
New London County Connecticut 1 $ 175,000 $ 175,000 $ 53,000
Brevard County Florida 1 $ 295,000 $ 295,000 $ 142,000
Hardee County Florida 1 $ 165,000 $ 165,000 $ 166,000
Lee County Florida 1 $ 115,000 $ 115,000 $ 178,000
Leon County Florida 1 $ 215,000 $ 215,000 $ 78,000
Manatee County Florida 1 $ 255,000 $ 255,000 $ 65,000
Marion County Florida 1 $ 135,000 $ 135,000 $ 98,000
Martin County Florida 1 $ 595,000 $ 595,000 $ 430,000
Miami-Dade County Florida 1 $ 185,000 $ 185,000 $ 285,000
Monroe County Florida 1 $ 335,000 $ 335,000 $ 71,000
Okaloosa County Florida 1 $ 335,000 $ 335,000 $ 86,000
Osceola County Florida 1 $ 185,000 $ 185,000 $ 69,000
Sumter County Florida 1 $ 325,000 $ 325,000 $ 257,000
Banks County Georgia 1 $ 425,000 $ 425,000 $ 117,000
Barrow County Georgia 1 $ 425,000 $ 425,000 $ 117,000
Bryan County Georgia 1 $ 225,000 $ 225,000 $ 65,000
Carroll County Georgia 1 $ 215,000 $ 215,000 $ 44,000
DeKalb County Georgia 1 $ 475,000 $ 475,000 $ 168,000
Douglas County Georgia 1 $ 145,000 $ 145,000 $ 44,000
Forsyth County Georgia 1 $ 205,000 $ 205,000 $ 40,000
Fulton County Georgia 1 $ 575,000 $ 575,000 $ 247,000
Gwinnett County Georgia 1 $ 245,000 $ 245,000 $ 184,000
McIntosh County Georgia 1 $ 255,000 $ 255,000 $ 148,000
Garrett County Maryland 1 $ 315,000 $ 315,000 $ 283,000
Howard County Maryland 1 $ 125,000 $ 125,000 $ 46,000
Sullivan County New Hampshire 1 $ 155,000 $ 155,000 $ 65,000
Mercer County New Jersey 1 $ 355,000 $ 355,000 $ 157,000
Salem County New Jersey 1 $ 205,000 $ 205,000 $ 64,000
Albany County New York 1 $ 115,000 $ 115,000 $ 137,000
Dutchess County New York 1 $ 45,000 $ 45,000 $ 69,000
New York County New York 1 $ 725,000 $ 725,000 $ 169,000
Rockland County New York 1 $ 425,000 $ 425,000 $ 450,000
Schuyler County New York 1 $ 185,000 $ 185,000 $ 111,000
Suffolk County New York 1 $ 205,000 $ 205,000 $ 70,000
Westchester County New York 1 $ 155,000 $ 155,000 $ 222,000
Brunswick County North Carolina 1 $ 215,000 $ 215,000 $ 68,000
Buncombe County North Carolina 1 $ 265,000 $ 265,000 $ 70,000
Cleveland County North Carolina 1 $ 215,000 $ 215,000 $ 163,000
Currituck County North Carolina 1 $ 275,000 $ 275,000 $ 102,000
Davidson County North Carolina 1 $ 345,000 $ 345,000 $ 130,000
Davie County North Carolina 1 $ 285,000 $ 285,000 $ 110,000
Henderson County North Carolina 1 $ 175,000 $ 175,000 $ 57,000
Jackson County North Carolina 1 $ 125,000 $ 125,000 $ 49,000
Moore County North Carolina 1 $ 425,000 $ 425,000 $ 175,000
Onslow County North Carolina 1 $ 135,000 $ 135,000 $ 229,000
Rutherford County North Carolina 1 $ 685,000 $ 685,000 $ 516,000
Wake County North Carolina 1 $ 225,000 $ 225,000 $ 66,000
Clearfield County Pennsylvania 1 $ 85,000 $ 85,000 $ 37,000
Lackawanna County Pennsylvania 1 $ 45,000 $ 45,000 $ 110,000
Lycoming County Pennsylvania 1 $ 205,000 $ 205,000 $ 885,000
Mifflin County Pennsylvania 1 $ 125,000 $ 125,000 $ 28,000
Perry County Pennsylvania 1 $ 115,000 $ 115,000 $ 41,000
Potter County Pennsylvania 1 $ 105,000 $ 105,000 $ 106,000
Snyder County Pennsylvania 1 $ 185,000 $ 185,000 $ 66,000
Barnwell County South Carolina 1 $ 245,000 $ 245,000 $ 45,000
Greenwood County South Carolina 1 $ 65,000 $ 65,000 $ 53,000
Hampton County South Carolina 1 $ 115,000 $ 115,000 $ 37,000
Laurens County South Carolina 1 $ 115,000 $ 115,000 $ 45,000
Pickens County South Carolina 1 $ 135,000 $ 135,000 $ 85,000
Davidson County Tennessee 1 $ 525,000 $ 525,000 $ 250,000
Hamilton County Tennessee 1 $ 275,000 $ 275,000 $ 115,000
Travis County Texas 1 $ 295,000 $ 295,000 $ 193,000
Bennington County Vermont 1 $ 305,000 $ 305,000 $ 242,000
Rutland County Vermont 1 $ 325,000 $ 325,000 $ 231,000
Washington County Vermont 1 $ 405,000 $ 405,000 $ 493,000
Alexandria County Virginia 1 $ 555,000 $ 555,000 $ 190,000
Bedford County Virginia 1 $ 255,000 $ 255,000 $ 63,000
Chesapeake County Virginia 1 $ 225,000 $ 225,000 $ 52,000
Chesterfield County Virginia 1 $ 415,000 $ 415,000 $ 176,000
Isle of Wight County Virginia 1 $ 275,000 $ 275,000 $ 125,000
James City County Virginia 1 $ 265,000 $ 265,000 $ 71,000
Loudoun County Virginia 1 $ 395,000 $ 395,000 $ 85,000
Montgomery County Virginia 1 $ 175,000 $ 175,000 $ 0
Northampton County Virginia 1 $ 255,000 $ 255,000 $ 62,000
Virginia Beach County Virginia 1 $ 445,000 $ 445,000 $ 160,000
York County Virginia 1 $ 165,000 $ 165,000 $ 84,000
Monongalia County West Virginia 1 $ 105,000 $ 105,000 $ 169,000

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 Mortgage Network, Inc. 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 Purchase 7,743 $2,117,135,000 $273,000 $2,005,000 $112,000 $1,410,000
Cash-out Refinancing 674 $200,430,000 $297,000 $1,805,000 $117,000 $964,000
Refinancing 424 $130,250,000 $307,000 $1,605,000 $131,000 $846,000
Other Purpose 48 $13,590,000 $283,000 $855,000 $139,000 $903,000
Home Improvement 16 $3,840,000 $240,000 $705,000 $176,000 $772,000
Not Applicable 1 $415,000 $415,000 $415,000 $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 6,624 $1,821,650,000 $275,000 $2,005,000 $115,000 $1,410,000
Not Provided 1,382 $407,950,000 $295,000 $2,005,000 $124,000 $1,105,000
Hispanic 321 $71,815,000 $223,000 $1,105,000 $77,000 $478,000
Asian 269 $90,415,000 $336,000 $1,195,000 $122,000 $462,000
Black or African American 268 $64,470,000 $240,000 $1,235,000 $81,000 $744,000
American Indian or Alaskan Native 7 $1,245,000 $177,000 $235,000 $80,000 $175,000
Native Hawaiian or Other Pacific Islander 2 $420,000 $210,000 $265,000 $133,000 $133,000
Not applicable 1 $415,000 $415,000 $415,000 $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) 6,459 $1,894,795,000 $293,000 $2,005,000 $128,000 $1,410,000
FHA-insured (Federal Housing Administration) 1,595 $352,075,000 $220,000 $935,000 $75,000 $475,000
VA-guaranteed (Veterans Administration) 553 $170,865,000 $308,000 $1,285,000 $97,000 $502,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 299 $47,925,000 $160,000 $335,000 $54,000 $101,000

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 6,932 $1,895,910,000 $273,000 $1,805,000 $113,000 $1,410,000
Application Withdrawn By Applicant 1,217 $358,605,000 $294,000 $2,005,000 $126,000 $1,336,000
Application Denied By Financial Institution 656 $183,680,000 $280,000 $2,005,000 $98,000 $830,000
File Closed For Incompleteness 76 $21,690,000 $285,000 $985,000 $113,000 $665,000
Application Approved But Not Accepted 24 $5,360,000 $223,000 $435,000 $98,000 $300,000
Loan Purchased By The Institution 1 $415,000 $415,000 $415,000 $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 8,250 $2,281,980,000 $276,000 $2,005,000 $115,000 $1,410,000
Debt-To-Income Ratio 250 $69,800,000 $279,000 $1,345,000 $74,000 $739,000
Collateral 175 $49,525,000 $283,000 $1,105,000 $115,000 $783,000
Credit History 105 $30,395,000 $289,000 $2,005,000 $124,000 $830,000
Other 73 $16,975,000 $232,000 $995,000 $94,000 $250,000
Insufficient Cash (Downpayment, Closing Cost) 27 $9,195,000 $340,000 $1,035,000 $97,000 $190,000
Unverifiable Information 16 $5,730,000 $358,000 $1,535,000 $136,000 $707,000
Employment History 8 $1,330,000 $166,000 $295,000 $54,000 $106,000
Credit Application Incomplete 1 $525,000 $525,000 $525,000 $200,000 $200,000
Mortgage Insurance Denied 1 $205,000 $205,000 $205,000 $44,000 $44,000

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.

Download the Massachusetts Lender List