Customers Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Customers Bank 2020 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 | Customers Bank 99 Bridge Street Phoenixville, PA 19460 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 | 756 |
| Total Mortgage Loan Application Amount | $340,320,000 |
| Average Mortgage Loan Application Amount | $631,200 |
| Highest Mortgage Loan Application Amount | $75,005,000 |
| Average Applicant Income | $156,000 |
| Highest Applicant Income | $3,191,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with Customers Bank. 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 Customers Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2020 breaks down Customers Bank'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 Customers Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Customers Bank, 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 Customers Bank's mortgage activity for 2020.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Berks County Pennsylvania | 287 | $ 63,915,000 | $ 222,000 | $ 56,000 |
| Philadelphia County Pennsylvania | 241 | $ 38,575,000 | $ 160,000 | $ 68,000 |
| Montgomery County Pennsylvania | 30 | $ 9,200,000 | $ 306,000 | $ 146,000 |
| Delaware County Pennsylvania | 25 | $ 6,825,000 | $ 273,000 | $ 114,000 |
| Chester County Pennsylvania | 23 | $ 6,885,000 | $ 299,000 | $ 138,000 |
| Bucks County Pennsylvania | 21 | $ 5,835,000 | $ 277,000 | $ 141,000 |
| Mercer County New Jersey | 11 | $ 2,075,000 | $ 188,000 | $ 58,000 |
| Cape May County New Jersey | 8 | $ 4,750,000 | $ 593,000 | $ 217,000 |
| Atlantic County New Jersey | 7 | $ 79,685,000 | $ 11,383,000 | $ 200,000 |
| Schuylkill County Pennsylvania | 7 | $ 1,175,000 | $ 167,000 | $ 151,000 |
| Providence County Rhode Island | 7 | $ 1,565,000 | $ 223,000 | $ 74,000 |
| Camden County New Jersey | 6 | $ 1,140,000 | $ 190,000 | $ 102,000 |
| Suffolk County Massachusetts | 5 | $ 23,545,000 | $ 4,709,000 | $ 0 |
| Burlington County New Jersey | 5 | $ 1,155,000 | $ 231,000 | $ 225,000 |
| Hudson County New Jersey | 5 | $ 2,095,000 | $ 419,000 | $ 88,000 |
| Ocean County New Jersey | 4 | $ 1,370,000 | $ 342,000 | $ 188,000 |
| Richmond County New York | 4 | $ 1,750,000 | $ 437,000 | $ 333,000 |
| Dauphin County Pennsylvania | 4 | $ 280,000 | $ 70,000 | $ 44,000 |
| Lancaster County Pennsylvania | 4 | $ 16,580,000 | $ 4,145,000 | $ 98,000 |
| Lebanon County Pennsylvania | 4 | $ 14,230,000 | $ 3,557,000 | $ 59,000 |
| New Castle County Delaware | 3 | $ 145,000 | $ 48,000 | $ 0 |
| Westchester County New York | 3 | $ 715,000 | $ 238,000 | $ 175,000 |
| Lehigh County Pennsylvania | 3 | $ 375,000 | $ 125,000 | $ 70,000 |
| Sussex County Delaware | 2 | $ 590,000 | $ 295,000 | $ 283,000 |
| District of Columbia County District Of Columbia | 2 | $ 910,000 | $ 455,000 | $ 275,000 |
| Monroe County Florida | 2 | $ 8,260,000 | $ 4,130,000 | $ 1,114,000 |
| Bristol County Massachusetts | 2 | $ 710,000 | $ 355,000 | $ 0 |
| Gloucester County New Jersey | 2 | $ 600,000 | $ 300,000 | $ 200,000 |
| Middlesex County New Jersey | 2 | $ 880,000 | $ 440,000 | $ 144,000 |
| Monmouth County New Jersey | 2 | $ 810,000 | $ 405,000 | $ 119,000 |
| Luzerne County Pennsylvania | 2 | $ 260,000 | $ 130,000 | $ 33,000 |
| York County Pennsylvania | 2 | $ 420,000 | $ 210,000 | $ 84,000 |
| Middlesex County Connecticut | 1 | $ 1,155,000 | $ 1,155,000 | $ 778,000 |
| Cecil County Maryland | 1 | $ 255,000 | $ 255,000 | $ 112,000 |
| Barnstable County Massachusetts | 1 | $ 2,005,000 | $ 2,005,000 | $ 3,191,000 |
| Dukes County Massachusetts | 1 | $ 195,000 | $ 195,000 | $ 195,000 |
| Essex County Massachusetts | 1 | $ 225,000 | $ 225,000 | $ 74,000 |
| Hillsborough County New Hampshire | 1 | $ 5,005,000 | $ 5,005,000 | $ 0 |
| Essex County New Jersey | 1 | $ 4,755,000 | $ 4,755,000 | $ 0 |
| Salem County New Jersey | 1 | $ 1,055,000 | $ 1,055,000 | $ 0 |
| Somerset County New Jersey | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Dutchess County New York | 1 | $ 425,000 | $ 425,000 | $ 141,000 |
| Kings County New York | 1 | $ 185,000 | $ 185,000 | $ 46,000 |
| New York County New York | 1 | $ 505,000 | $ 505,000 | $ 0 |
| Putnam County New York | 1 | $ 135,000 | $ 135,000 | $ 68,000 |
| Centre County Pennsylvania | 1 | $ 305,000 | $ 305,000 | $ 211,000 |
| Cumberland County Pennsylvania | 1 | $ 125,000 | $ 125,000 | $ 0 |
| Northampton County Pennsylvania | 1 | $ 25,005,000 | $ 25,005,000 | $ 0 |
| Northumberland County Pennsylvania | 1 | $ 265,000 | $ 265,000 | $ 167,000 |
| Wayne County Pennsylvania | 1 | $ 515,000 | $ 515,000 | $ 191,000 |
Mortgage Loan Application Detail Totals for Customers Bank in 2020
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 | 569 | $93,765,000 | $164,000 | $4,555,000 | $59,000 | $1,114,000 |
| Refinancing | 102 | $75,370,000 | $738,000 | $25,005,000 | $199,000 | $836,000 |
| Cash-out Refinancing | 82 | $170,900,000 | $2,084,000 | $75,005,000 | $275,000 | $3,191,000 |
| Home Improvement | 2 | $230,000 | $115,000 | $195,000 | $183,000 | $279,000 |
| Other Purpose | 1 | $55,000 | $55,000 | $55,000 | $64,000 | $64,000 |
| 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 |
|---|---|---|---|---|---|---|
| Hispanic | 419 | $52,285,000 | $124,000 | $505,000 | $44,000 | $701,000 |
| White | 166 | $53,350,000 | $321,000 | $4,555,000 | $187,000 | $3,191,000 |
| Not applicable | 76 | $213,820,000 | $2,813,000 | $75,005,000 | $0 | $0 |
| Black or African American | 59 | $9,905,000 | $167,000 | $435,000 | $116,000 | $836,000 |
| Not Provided | 18 | $3,990,000 | $221,000 | $515,000 | $183,000 | $1,527,000 |
| Asian | 15 | $5,665,000 | $377,000 | $805,000 | $225,000 | $951,000 |
| American Indian or Alaskan Native | 1 | $95,000 | $95,000 | $95,000 | $26,000 | $26,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $825,000 | $825,000 | $825,000 | $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) | 465 | $299,305,000 | $643,000 | $75,005,000 | $127,000 | $3,191,000 |
| FHA-insured (Federal Housing Administration) | 287 | $40,425,000 | $140,000 | $435,000 | $42,000 | $182,000 |
| VA-guaranteed (Veterans Administration) | 3 | $475,000 | $158,000 | $225,000 | $42,000 | $55,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $115,000 | $115,000 | $115,000 | $32,000 | $32,000 |
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 | 568 | $274,060,000 | $482,000 | $75,005,000 | $94,000 | $3,191,000 |
| Application Denied By Financial Institution | 85 | $41,405,000 | $487,000 | $25,005,000 | $57,000 | $455,000 |
| Application Approved But Not Accepted | 51 | $14,995,000 | $294,000 | $5,005,000 | $103,000 | $836,000 |
| Application Withdrawn By Applicant | 39 | $6,575,000 | $168,000 | $455,000 | $62,000 | $308,000 |
| File Closed For Incompleteness | 8 | $2,180,000 | $272,000 | $755,000 | $74,000 | $160,000 |
| Loan Purchased By The Institution | 2 | $490,000 | $245,000 | $245,000 | $0 | $0 |
| Preapproval Denied by Financial Institution | 2 | $490,000 | $245,000 | $395,000 | $21,000 | $21,000 |
| Preapproval Approved but not Accepted | 1 | $125,000 | $125,000 | $125,000 | $25,000 | $25,000 |
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 | 669 | $298,425,000 | $446,000 | $75,005,000 | $92,000 | $3,191,000 |
| Debt-To-Income Ratio | 34 | $31,720,000 | $932,000 | $25,005,000 | $70,000 | $455,000 |
| Unverifiable Information | 13 | $1,665,000 | $128,000 | $235,000 | $40,000 | $80,000 |
| Credit History | 10 | $1,930,000 | $193,000 | $405,000 | $51,000 | $79,000 |
| Collateral | 10 | $2,420,000 | $242,000 | $975,000 | $57,000 | $198,000 |
| Other | 9 | $1,985,000 | $220,000 | $1,105,000 | $64,000 | $73,000 |
| Employment History | 6 | $1,440,000 | $240,000 | $405,000 | $46,000 | $73,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $590,000 | $147,000 | $175,000 | $34,000 | $36,000 |
| Credit Application Incomplete | 1 | $145,000 | $145,000 | $145,000 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Customers Bank's 2020 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 Customers Bank'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 Pennsylvania, download the full spreadsheet
with aggregated HMDA statistics today.