Mortgage Network, Inc.
Mortgage Loan Application
Totals and Details
for 2019

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 10,215
Total Mortgage Loan Application Amount $3,189,965,000
Average Mortgage Loan Application Amount $259,166
Highest Mortgage Loan Application Amount $2,565,000
Average Applicant Income $101,166
Highest Applicant Income $3,140,000

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 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 1,216 $ 545,980,000 $ 448,000 $ 159,000
Beaufort County South Carolina 1,034 $ 320,100,000 $ 309,000 $ 144,000
Essex County Massachusetts 755 $ 270,825,000 $ 358,000 $ 126,000
Hampden County Massachusetts 498 $ 101,250,000 $ 203,000 $ 74,000
Norfolk County Massachusetts 440 $ 195,980,000 $ 445,000 $ 166,000
Suffolk County Massachusetts 357 $ 181,285,000 $ 507,000 $ 180,000
Cumberland County Maine 333 $ 92,305,000 $ 277,000 $ 114,000
Rockingham County New Hampshire 290 $ 96,070,000 $ 331,000 $ 131,000
Worcester County Massachusetts 269 $ 77,585,000 $ 288,000 $ 112,000
Plymouth County Massachusetts 245 $ 97,945,000 $ 399,000 $ 149,000
York County Maine 219 $ 59,355,000 $ 271,000 $ 111,000
Richland County South Carolina 191 $ 42,445,000 $ 222,000 $ 96,000
York County Pennsylvania 186 $ 34,230,000 $ 184,000 $ 84,000
Providence County Rhode Island 166 $ 47,280,000 $ 284,000 $ 125,000
Wicomico County Maryland 163 $ 28,895,000 $ 177,000 $ 69,000
Lexington County South Carolina 151 $ 31,315,000 $ 207,000 $ 91,000
Penobscot County Maine 134 $ 20,810,000 $ 155,000 $ 64,000
Bristol County Massachusetts 112 $ 34,540,000 $ 308,000 $ 119,000
Lancaster County Pennsylvania 108 $ 18,780,000 $ 173,000 $ 59,000
Hillsborough County New Hampshire 107 $ 29,985,000 $ 280,000 $ 110,000
Hampshire County Massachusetts 103 $ 25,915,000 $ 251,000 $ 104,000
Hillsborough County Florida 90 $ 20,340,000 $ 226,000 $ 85,000
Dauphin County Pennsylvania 90 $ 17,200,000 $ 191,000 $ 64,000
Montgomery County Pennsylvania 90 $ 25,530,000 $ 283,000 $ 108,000
Charleston County South Carolina 88 $ 26,280,000 $ 298,000 $ 109,000
Sussex County Delaware 79 $ 17,745,000 $ 224,000 $ 90,000
Hartford County Connecticut 71 $ 13,345,000 $ 187,000 $ 91,000
Barnstable County Massachusetts 71 $ 25,725,000 $ 362,000 $ 224,000
Essex County New Jersey 71 $ 28,185,000 $ 396,000 $ 157,000
Ocean County New Jersey 66 $ 17,540,000 $ 265,000 $ 122,000
Lebanon County Pennsylvania 65 $ 10,485,000 $ 161,000 $ 63,000
Berkeley County South Carolina 60 $ 14,480,000 $ 241,000 $ 91,000
Morris County New Jersey 58 $ 23,150,000 $ 399,000 $ 200,000
Strafford County New Hampshire 50 $ 14,300,000 $ 286,000 $ 123,000
Worcester County Maryland 48 $ 10,050,000 $ 209,000 $ 131,000
Union County New Jersey 47 $ 17,295,000 $ 367,000 $ 135,000
Monmouth County New Jersey 42 $ 16,200,000 $ 385,000 $ 140,000
Hudson County New Jersey 41 $ 16,315,000 $ 397,000 $ 155,000
Androscoggin County Maine 40 $ 6,800,000 $ 170,000 $ 66,000
Bucks County Pennsylvania 40 $ 10,840,000 $ 271,000 $ 123,000
Philadelphia County Pennsylvania 38 $ 9,230,000 $ 242,000 $ 112,000
Kent County Rhode Island 37 $ 11,435,000 $ 309,000 $ 124,000
Cumberland County Pennsylvania 36 $ 7,230,000 $ 200,000 $ 83,000
Bristol County Rhode Island 35 $ 13,625,000 $ 389,000 $ 187,000
Franklin County Maine 34 $ 7,240,000 $ 212,000 $ 214,000
Pinellas County Florida 33 $ 7,145,000 $ 216,000 $ 159,000
Somerset County Maryland 32 $ 5,280,000 $ 165,000 $ 98,000
Belknap County New Hampshire 31 $ 6,935,000 $ 223,000 $ 105,000
Bergen County New Jersey 31 $ 11,535,000 $ 372,000 $ 152,000
Jasper County South Carolina 31 $ 6,695,000 $ 215,000 $ 105,000
Accomack County Virginia 31 $ 5,105,000 $ 164,000 $ 95,000
Greenville County South Carolina 30 $ 8,120,000 $ 270,000 $ 99,000
Kennebec County Maine 29 $ 5,255,000 $ 181,000 $ 76,000
Adams County Pennsylvania 29 $ 6,175,000 $ 212,000 $ 83,000
Sagadahoc County Maine 27 $ 6,465,000 $ 239,000 $ 129,000
Mecklenburg County North Carolina 27 $ 11,615,000 $ 430,000 $ 154,000
Pasco County Florida 26 $ 4,100,000 $ 157,000 $ 86,000
Merrimack County New Hampshire 26 $ 6,550,000 $ 251,000 $ 100,000
Passaic County New Jersey 26 $ 8,600,000 $ 330,000 $ 131,000
Somerset County New Jersey 26 $ 10,600,000 $ 407,000 $ 158,000
Chatham County Georgia 25 $ 6,465,000 $ 258,000 $ 110,000
Washington County Rhode Island 25 $ 8,195,000 $ 327,000 $ 179,000
Middlesex County New Jersey 23 $ 6,305,000 $ 274,000 $ 108,000
Somerset County Maine 21 $ 2,865,000 $ 136,000 $ 65,000
Dorchester County South Carolina 21 $ 4,585,000 $ 218,000 $ 74,000
Richmond County New York 20 $ 8,200,000 $ 410,000 $ 118,000
Franklin County Massachusetts 19 $ 4,275,000 $ 225,000 $ 105,000
Piscataquis County Maine 18 $ 2,750,000 $ 152,000 $ 79,000
Monroe County Pennsylvania 18 $ 3,380,000 $ 187,000 $ 74,000
Newport County Rhode Island 18 $ 6,750,000 $ 375,000 $ 196,000
Oxford County Maine 17 $ 2,425,000 $ 142,000 $ 109,000
York County South Carolina 16 $ 6,540,000 $ 408,000 $ 153,000
Carroll County New Hampshire 15 $ 3,355,000 $ 223,000 $ 226,000
Chester County Pennsylvania 15 $ 4,825,000 $ 321,000 $ 152,000
Waldo County Maine 14 $ 2,470,000 $ 176,000 $ 74,000
Delaware County Pennsylvania 14 $ 2,530,000 $ 180,000 $ 92,000
Bedford County Pennsylvania 12 $ 1,530,000 $ 127,000 $ 69,000
Newport News County Virginia 12 $ 2,230,000 $ 185,000 $ 82,000
New Haven County Connecticut 11 $ 3,235,000 $ 294,000 $ 206,000
Broward County Florida 9 $ 2,035,000 $ 226,000 $ 170,000
Prince George's County Maryland 9 $ 2,725,000 $ 302,000 $ 130,000
Cape May County New Jersey 9 $ 2,705,000 $ 300,000 $ 257,000
Union County North Carolina 9 $ 3,915,000 $ 435,000 $ 169,000
Hancock County Maine 8 $ 1,460,000 $ 182,000 $ 106,000
Lincoln County Maine 8 $ 1,940,000 $ 242,000 $ 118,000
Berkshire County Massachusetts 8 $ 2,180,000 $ 272,000 $ 257,000
York County Virginia 8 $ 2,590,000 $ 323,000 $ 84,000
Palm Beach County Florida 7 $ 2,175,000 $ 310,000 $ 208,000
Anne Arundel County Maryland 7 $ 2,745,000 $ 392,000 $ 135,000
Baltimore County Maryland 7 $ 1,765,000 $ 252,000 $ 99,000
Dorchester County Maryland 7 $ 1,435,000 $ 205,000 $ 56,000
Kings County New York 7 $ 6,415,000 $ 916,000 $ 257,000
Spartanburg County South Carolina 7 $ 1,505,000 $ 215,000 $ 96,000
Tolland County Connecticut 6 $ 1,550,000 $ 258,000 $ 167,000
Windham County Connecticut 6 $ 820,000 $ 136,000 $ 64,000
Kent County Delaware 6 $ 1,380,000 $ 230,000 $ 81,000
Bryan County Georgia 6 $ 1,910,000 $ 318,000 $ 129,000
Aroostook County Maine 6 $ 1,000,000 $ 166,000 $ 59,000
Knox County Maine 6 $ 1,010,000 $ 168,000 $ 87,000
Grafton County New Hampshire 6 $ 1,860,000 $ 310,000 $ 226,000
Warren County New Jersey 6 $ 1,500,000 $ 250,000 $ 104,000
Horry County South Carolina 6 $ 1,210,000 $ 201,000 $ 83,000
Kershaw County South Carolina 6 $ 1,310,000 $ 218,000 $ 98,000
New Castle County Delaware 5 $ 885,000 $ 177,000 $ 72,000
Carroll County Maryland 5 $ 1,145,000 $ 229,000 $ 74,000
Dukes County Massachusetts 5 $ 1,725,000 $ 345,000 $ 269,000
Sullivan County New Hampshire 5 $ 1,745,000 $ 349,000 $ 247,000
Burlington County New Jersey 5 $ 1,385,000 $ 277,000 $ 89,000
Hunterdon County New Jersey 5 $ 1,245,000 $ 249,000 $ 124,000
Wake County North Carolina 5 $ 1,595,000 $ 319,000 $ 109,000
Berks County Pennsylvania 5 $ 1,185,000 $ 237,000 $ 107,000
Schuylkill County Pennsylvania 5 $ 625,000 $ 125,000 $ 46,000
Orangeburg County South Carolina 5 $ 1,035,000 $ 207,000 $ 87,000
Hampton County Virginia 5 $ 1,005,000 $ 201,000 $ 61,000
Virginia Beach County Virginia 5 $ 1,655,000 $ 331,000 $ 120,000
Middlesex County Connecticut 4 $ 1,120,000 $ 280,000 $ 110,000
Citrus County Florida 4 $ 360,000 $ 90,000 $ 54,000
Collier County Florida 4 $ 1,800,000 $ 450,000 $ 253,000
Lee County Florida 4 $ 1,010,000 $ 252,000 $ 58,000
Orange County Florida 4 $ 1,230,000 $ 307,000 $ 185,000
Sarasota County Florida 4 $ 1,580,000 $ 395,000 $ 223,000
Harford County Maryland 4 $ 1,180,000 $ 295,000 $ 91,000
Nantucket County Massachusetts 4 $ 4,590,000 $ 1,147,000 $ 400,000
Coos County New Hampshire 4 $ 570,000 $ 142,000 $ 197,000
Atlantic County New Jersey 4 $ 720,000 $ 180,000 $ 69,000
Gloucester County New Jersey 4 $ 750,000 $ 187,000 $ 118,000
Sussex County New Jersey 4 $ 840,000 $ 210,000 $ 92,000
Westchester County New York 4 $ 2,180,000 $ 545,000 $ 217,000
Gaston County North Carolina 4 $ 750,000 $ 187,000 $ 84,000
Aiken County South Carolina 4 $ 1,170,000 $ 292,000 $ 100,000
Fairfield County Connecticut 3 $ 1,535,000 $ 511,000 $ 238,000
New London County Connecticut 3 $ 675,000 $ 225,000 $ 104,000
Flagler County Florida 3 $ 435,000 $ 145,000 $ 141,000
Polk County Florida 3 $ 405,000 $ 135,000 $ 64,000
Fulton County Georgia 3 $ 1,455,000 $ 485,000 $ 165,000
Cook County Illinois 3 $ 765,000 $ 255,000 $ 178,000
Baltimore City County Maryland 3 $ 225,000 $ 75,000 $ 280,000
Talbot County Maryland 3 $ 885,000 $ 295,000 $ 98,000
Mercer County New Jersey 3 $ 1,155,000 $ 385,000 $ 132,000
Queens County New York 3 $ 1,375,000 $ 458,000 $ 119,000
Watauga County North Carolina 3 $ 675,000 $ 225,000 $ 374,000
Franklin County Pennsylvania 3 $ 615,000 $ 205,000 $ 57,000
Lehigh County Pennsylvania 3 $ 985,000 $ 328,000 $ 149,000
Fairfield County South Carolina 3 $ 625,000 $ 208,000 $ 188,000
Florence County South Carolina 3 $ 385,000 $ 128,000 $ 75,000
Pickens County South Carolina 3 $ 1,145,000 $ 381,000 $ 341,000
Sumter County South Carolina 3 $ 455,000 $ 151,000 $ 73,000
Gloucester County Virginia 3 $ 915,000 $ 305,000 $ 92,000
Alachua County Florida 2 $ 630,000 $ 315,000 $ 143,000
Hernando County Florida 2 $ 150,000 $ 75,000 $ 30,000
Santa Rosa County Florida 2 $ 1,490,000 $ 745,000 $ 467,000
Seminole County Florida 2 $ 730,000 $ 365,000 $ 132,000
St. Lucie County Florida 2 $ 420,000 $ 210,000 $ 109,000
Volusia County Florida 2 $ 480,000 $ 240,000 $ 118,000
Cherokee County Georgia 2 $ 730,000 $ 365,000 $ 241,000
Cobb County Georgia 2 $ 850,000 $ 425,000 $ 259,000
Effingham County Georgia 2 $ 510,000 $ 255,000 $ 97,000
Gwinnett County Georgia 2 $ 970,000 $ 485,000 $ 142,000
Henry County Georgia 2 $ 480,000 $ 240,000 $ 129,000
Cecil County Maryland 2 $ 700,000 $ 350,000 $ 113,000
Queen Anne's County Maryland 2 $ 670,000 $ 335,000 $ 231,000
Cheshire County New Hampshire 2 $ 560,000 $ 280,000 $ 360,000
Oswego County New York 2 $ 340,000 $ 170,000 $ 75,000
Burke County North Carolina 2 $ 860,000 $ 430,000 $ 102,000
Guilford County North Carolina 2 $ 530,000 $ 265,000 $ 92,000
Jackson County North Carolina 2 $ 340,000 $ 170,000 $ 101,000
Polk County North Carolina 2 $ 670,000 $ 335,000 $ 127,000
Perry County Pennsylvania 2 $ 570,000 $ 285,000 $ 110,000
Somerset County Pennsylvania 2 $ 210,000 $ 105,000 $ 67,000
Greenwood County South Carolina 2 $ 370,000 $ 185,000 $ 231,000
Knox County Tennessee 2 $ 410,000 $ 205,000 $ 112,000
James City County Virginia 2 $ 970,000 $ 485,000 $ 157,000
Suffolk County Virginia 2 $ 530,000 $ 265,000 $ 88,000
El Dorado County California 1 $ 455,000 $ 455,000 $ 187,000
Ventura County California 1 $ 285,000 $ 285,000 $ 69,000
Litchfield County Connecticut 1 $ 125,000 $ 125,000 $ 60,000
Charlotte County Florida 1 $ 425,000 $ 425,000 $ 162,000
Clay County Florida 1 $ 245,000 $ 245,000 $ 101,000
Duval County Florida 1 $ 145,000 $ 145,000 $ 66,000
Miami-Dade County Florida 1 $ 235,000 $ 235,000 $ 106,000
Okaloosa County Florida 1 $ 205,000 $ 205,000 $ 109,000
St. Johns County Florida 1 $ 215,000 $ 215,000 $ 130,000
Walton County Florida 1 $ 405,000 $ 405,000 $ 132,000
Columbia County Georgia 1 $ 325,000 $ 325,000 $ 132,000
DeKalb County Georgia 1 $ 475,000 $ 475,000 $ 179,000
Fayette County Georgia 1 $ 355,000 $ 355,000 $ 120,000
Liberty County Georgia 1 $ 265,000 $ 265,000 $ 82,000
Lowndes County Georgia 1 $ 165,000 $ 165,000 $ 77,000
Newton County Georgia 1 $ 285,000 $ 285,000 $ 94,000
Oconee County Georgia 1 $ 355,000 $ 355,000 $ 330,000
Richmond County Georgia 1 $ 195,000 $ 195,000 $ 60,000
Lake County Illinois 1 $ 425,000 $ 425,000 $ 140,000
Boone County Indiana 1 $ 405,000 $ 405,000 $ 73,000
Hamilton County Indiana 1 $ 475,000 $ 475,000 $ 190,000
Monroe County Indiana 1 $ 245,000 $ 245,000 $ 365,000
Caroline County Maryland 1 $ 265,000 $ 265,000 $ 95,000
Howard County Maryland 1 $ 425,000 $ 425,000 $ 143,000
Montgomery County Maryland 1 $ 395,000 $ 395,000 $ 201,000
Camden County New Jersey 1 $ 455,000 $ 455,000 $ 250,000
Erie County New York 1 $ 315,000 $ 315,000 $ 118,000
Livingston County New York 1 $ 145,000 $ 145,000 $ 140,000
New York County New York 1 $ 325,000 $ 325,000 $ 88,000
Orange County New York 1 $ 655,000 $ 655,000 $ 283,000
Rockland County New York 1 $ 375,000 $ 375,000 $ 190,000
Brunswick County North Carolina 1 $ 485,000 $ 485,000 $ 120,000
Cabarrus County North Carolina 1 $ 65,000 $ 65,000 $ 334,000
Carteret County North Carolina 1 $ 125,000 $ 125,000 $ 50,000
Craven County North Carolina 1 $ 215,000 $ 215,000 $ 115,000
Davie County North Carolina 1 $ 125,000 $ 125,000 $ 192,000
Lee County North Carolina 1 $ 165,000 $ 165,000 $ 110,000
McDowell County North Carolina 1 $ 295,000 $ 295,000 $ 96,000
Orange County North Carolina 1 $ 515,000 $ 515,000 $ 493,000
Vance County North Carolina 1 $ 145,000 $ 145,000 $ 50,000
Allegheny County Pennsylvania 1 $ 285,000 $ 285,000 $ 345,000
Blair County Pennsylvania 1 $ 205,000 $ 205,000 $ 110,000
Cambria County Pennsylvania 1 $ 185,000 $ 185,000 $ 44,000
Huntingdon County Pennsylvania 1 $ 145,000 $ 145,000 $ 86,000
Lackawanna County Pennsylvania 1 $ 55,000 $ 55,000 $ 16,000
Lycoming County Pennsylvania 1 $ 105,000 $ 105,000 $ 69,000
Northampton County Pennsylvania 1 $ 255,000 $ 255,000 $ 69,000
Wayne County Pennsylvania 1 $ 115,000 $ 115,000 $ 43,000
Bamberg County South Carolina 1 $ 145,000 $ 145,000 $ 60,000
Chester County South Carolina 1 $ 185,000 $ 185,000 $ 74,000
Lancaster County South Carolina 1 $ 185,000 $ 185,000 $ 98,000
McCormick County South Carolina 1 $ 195,000 $ 195,000 $ 57,000
Newberry County South Carolina 1 $ 65,000 $ 65,000 $ 74,000
Oconee County South Carolina 1 $ 385,000 $ 385,000 $ 142,000
Davidson County Tennessee 1 $ 185,000 $ 185,000 $ 285,000
Hamilton County Tennessee 1 $ 115,000 $ 115,000 $ 100,000
Caledonia County Vermont 1 $ 205,000 $ 205,000 $ 342,000
Washington County Vermont 1 $ 405,000 $ 405,000 $ 560,000
Windsor County Vermont 1 $ 65,000 $ 65,000 $ 59,000
Arlington County Virginia 1 $ 1,025,000 $ 1,025,000 $ 222,000
Bedford County Virginia 1 $ 235,000 $ 235,000 $ 63,000
Charles City County Virginia 1 $ 195,000 $ 195,000 $ 91,000
Chesapeake County Virginia 1 $ 245,000 $ 245,000 $ 75,000
Fauquier County Virginia 1 $ 525,000 $ 525,000 $ 112,000
Loudoun County Virginia 1 $ 395,000 $ 395,000 $ 91,000
Norfolk County Virginia 1 $ 105,000 $ 105,000 $ 42,000
Northampton County Virginia 1 $ 385,000 $ 385,000 $ 99,000
Poquoson County Virginia 1 $ 375,000 $ 375,000 $ 145,000
Portsmouth County Virginia 1 $ 85,000 $ 85,000 $ 24,000
Prince William County Virginia 1 $ 535,000 $ 535,000 $ 172,000
Roanoke City County Virginia 1 $ 175,000 $ 175,000 $ 235,000
Rockingham County Virginia 1 $ 315,000 $ 315,000 $ 115,000
Wythe County Virginia 1 $ 325,000 $ 325,000 $ 145,000

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 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 Purchase 7,307 $2,120,855,000 $290,000 $2,565,000 $117,000 $3,140,000
Refinancing 1,873 $721,705,000 $385,000 $2,005,000 $163,000 $3,003,000
Cash-out Refinancing 963 $332,345,000 $345,000 $1,655,000 $136,000 $998,000
Other Purpose 52 $11,830,000 $227,000 $605,000 $107,000 $354,000
Home Improvement 18 $2,940,000 $163,000 $335,000 $84,000 $256,000
Not Applicable 2 $290,000 $145,000 $155,000 $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 7,193 $2,292,995,000 $318,000 $2,305,000 $131,000 $3,003,000
Not Provided 1,982 $605,910,000 $305,000 $1,655,000 $127,000 $3,140,000
Hispanic 393 $96,435,000 $245,000 $965,000 $81,000 $807,000
Asian 353 $122,005,000 $345,000 $2,565,000 $114,000 $523,000
Black or African American 271 $64,905,000 $239,000 $665,000 $87,000 $390,000
Not applicable 4 $630,000 $157,000 $205,000 $0 $0
American Indian or Alaskan Native 3 $1,385,000 $461,000 $545,000 $123,000 $166,000
Native Hawaiian or Other Pacific Islander 1 $445,000 $445,000 $445,000 $109,000 $109,000

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) 7,801 $2,564,685,000 $328,000 $2,565,000 $140,000 $3,140,000
FHA-insured (Federal Housing Administration) 1,542 $376,390,000 $244,000 $1,055,000 $79,000 $352,000
VA-guaranteed (Veterans Administration) 673 $214,045,000 $318,000 $1,235,000 $96,000 $648,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 199 $34,845,000 $175,000 $305,000 $57,000 $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 8,119 $2,519,995,000 $310,000 $2,005,000 $127,000 $3,003,000
Application Withdrawn By Applicant 1,268 $395,400,000 $311,000 $1,755,000 $129,000 $3,140,000
Application Denied By Financial Institution 711 $230,935,000 $324,000 $1,915,000 $109,000 $713,000
File Closed For Incompleteness 90 $36,580,000 $406,000 $2,565,000 $145,000 $680,000
Application Approved But Not Accepted 23 $6,425,000 $279,000 $555,000 $113,000 $337,000
Loan Purchased By The Institution 4 $630,000 $157,000 $205,000 $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 9,504 $2,959,030,000 $311,000 $2,565,000 $128,000 $3,140,000
Debt-To-Income Ratio 243 $83,385,000 $343,000 $1,545,000 $88,000 $713,000
Collateral 188 $61,100,000 $325,000 $1,395,000 $128,000 $435,000
Other 126 $42,410,000 $336,000 $1,915,000 $134,000 $592,000
Credit History 105 $27,015,000 $257,000 $1,005,000 $104,000 $457,000
Insufficient Cash (Downpayment, Closing Cost) 26 $8,240,000 $316,000 $1,745,000 $94,000 $397,000
Employment History 16 $3,910,000 $244,000 $715,000 $49,000 $180,000
Unverifiable Information 6 $3,290,000 $548,000 $905,000 $172,000 $301,000
Mortgage Insurance Denied 1 $1,585,000 $1,585,000 $1,585,000 $364,000 $364,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0

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