Naugatuck Valley S & L Mortgage Lending & HMDA Data, 2011
In 2011, Naugatuck Valley S & L of Naugatuck, CT reported 548 mortgage applications totaling $117.9 million. The average application was for $215,145, and applicants reported an average income of $109,784. 82% of its applications resulted in an originated loan and 10% were denied. Its largest markets were New Haven-Milford, CT (330), Bridgeport-Stamford-Norwalk, CT (91) and Hartford-West Hartford-East Hartford, CT (64) (applications in parentheses).
| Mortgage Company & Address | Naugatuck Valley S & L 333 Church Street Naugatuck, CT 06770 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 548 |
| Total Mortgage Loan Application Amount | $117,900,000 |
| Average Mortgage Loan Application Amount | $215,145 |
| Highest Mortgage Loan Application Amount | $1,100,000 |
| Average Applicant Income | $109,784 |
| Highest Applicant Income | $627,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Naugatuck Valley S & L filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| New Haven, Connecticut | 330 | $ 61,168,000 | $ 185,357 | $ 101,000 |
| Fairfield, Connecticut | 91 | $ 25,919,000 | $ 284,824 | $ 126,000 |
| Hartford, Connecticut | 51 | $ 12,516,000 | $ 245,411 | $ 120,000 |
| Litchfield, Connecticut | 50 | $ 11,307,000 | $ 226,140 | $ 101,000 |
| Middlesex, Connecticut | 10 | $ 2,573,000 | $ 257,300 | $ 140,000 |
| New London, Connecticut | 3 | $ 912,000 | $ 304,000 | $ 167,000 |
| Tolland, Connecticut | 3 | $ 1,038,000 | $ 346,000 | $ 151,000 |
| Hampden, Massachusetts | 3 | $ 444,000 | $ 148,000 | $ 56,000 |
| Windham, Connecticut | 1 | $ 150,000 | $ 150,000 | $ 91,000 |
| Collier, Florida | 1 | $ 252,000 | $ 252,000 | $ 204,000 |
| Palm Beach, Florida | 1 | $ 64,000 | $ 64,000 | $ 74,000 |
| Nantucket, Massachusetts | 1 | $ 575,000 | $ 575,000 | $ 179,000 |
| Windham, Vermont | 1 | $ 506,000 | $ 506,000 | $ 627,000 |
Mortgage Loan Application Detail Totals for Naugatuck Valley S & L in 2011
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 |
|---|---|---|---|---|---|---|
| Refinancing | 266 | $53,955,000 | $202,000 | $780,000 | $111,000 | $501,000 |
| Home Purchase | 241 | $58,832,000 | $244,000 | $1,100,000 | $113,000 | $627,000 |
| Home Improvement | 41 | $5,113,000 | $124,000 | $380,000 | $83,000 | $192,000 |
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 | 492 | $104,977,000 | $213,000 | $1,100,000 | $112,000 | $627,000 |
| Asian | 17 | $4,889,000 | $287,000 | $572,000 | $135,000 | $406,000 |
| Not Provided | 16 | $3,606,000 | $225,000 | $576,000 | $66,000 | $185,000 |
| Hispanic | 14 | $2,336,000 | $166,000 | $417,000 | $80,000 | $280,000 |
| Black or African American | 9 | $2,092,000 | $232,000 | $382,000 | $74,000 | $150,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 501 | $107,557,000 | $214,000 | $1,100,000 | $113,000 | $627,000 |
| FHA-insured (Federal Housing Administration) | 42 | $9,455,000 | $225,000 | $536,000 | $77,000 | $139,000 |
| VA-guaranteed (Veterans Administration) | 5 | $888,000 | $177,000 | $210,000 | $78,000 | $109,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 448 | $97,204,000 | $216,000 | $1,100,000 | $112,000 | $627,000 |
| Application Denied By Financial Institution | 56 | $11,259,000 | $201,000 | $623,000 | $89,000 | $330,000 |
| Application Withdrawn By Applicant | 23 | $4,001,000 | $173,000 | $415,000 | $102,000 | $324,000 |
| Application Approved But Not Accepted | 18 | $4,792,000 | $266,000 | $500,000 | $128,000 | $403,000 |
| File Closed For Incompleteness | 3 | $644,000 | $214,000 | $350,000 | $66,000 | $88,000 |
| Loan Purchased By The Institution | 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 |
|---|---|---|---|---|---|---|
| Collateral | 18 | $4,065,000 | $225,000 | $520,000 | $106,000 | $316,000 |
| Debt-To-Income Ratio | 16 | $3,434,000 | $214,000 | $623,000 | $79,000 | $171,000 |
| Credit History | 11 | $2,360,000 | $214,000 | $485,000 | $91,000 | $330,000 |
| Other | 7 | $856,000 | $122,000 | $305,000 | $70,000 | $162,000 |
| Credit Application Incomplete | 2 | $298,000 | $149,000 | $175,000 | $126,000 | $204,000 |
| Unverifiable Information | 1 | $75,000 | $75,000 | $75,000 | $60,000 | $60,000 |
| Mortgage Insurance Denied | 1 | $171,000 | $171,000 | $171,000 | $45,000 | $45,000 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Naugatuck Valley S & L's 2011 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 Naugatuck Valley S & L'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 Connecticut, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About