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 New Fed Mortgage, Corp..
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 | New Fed Mortgage, Corp. 98 High St 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 2009 2008 2007 2006 2005 |
Total Number of Mortgage Applications | 5,442 |
Total Mortgage Loan Application Amount | $2,074,170,000 |
Average Mortgage Loan Application Amount | $413,200 |
Highest Mortgage Loan Application Amount | $3,255,000 |
Average Applicant Income | $139,800 |
Highest Applicant Income | $2,876,000 |
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.
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 | 1,375 | $ 552,045,000 | $ 401,000 | $ 146,000 |
Essex County Massachusetts | 1,208 | $ 469,890,000 | $ 388,000 | $ 117,000 |
Suffolk County Massachusetts | 501 | $ 217,255,000 | $ 433,000 | $ 144,000 |
Norfolk County Massachusetts | 436 | $ 174,120,000 | $ 399,000 | $ 147,000 |
Worcester County Massachusetts | 268 | $ 93,250,000 | $ 347,000 | $ 136,000 |
Plymouth County Massachusetts | 254 | $ 92,370,000 | $ 363,000 | $ 126,000 |
Rockingham County New Hampshire | 254 | $ 84,520,000 | $ 332,000 | $ 125,000 |
Hillsborough County New Hampshire | 193 | $ 60,735,000 | $ 314,000 | $ 113,000 |
Bristol County Massachusetts | 131 | $ 44,895,000 | $ 342,000 | $ 115,000 |
Barnstable County Massachusetts | 100 | $ 33,070,000 | $ 330,000 | $ 164,000 |
Montgomery County Maryland | 37 | $ 13,965,000 | $ 377,000 | $ 185,000 |
Strafford County New Hampshire | 27 | $ 7,765,000 | $ 287,000 | $ 148,000 |
Loudoun County Virginia | 27 | $ 11,405,000 | $ 422,000 | $ 186,000 |
Fairfax County Virginia | 25 | $ 10,275,000 | $ 411,000 | $ 158,000 |
Providence County Rhode Island | 24 | $ 7,960,000 | $ 331,000 | $ 108,000 |
Hampden County Massachusetts | 23 | $ 5,675,000 | $ 246,000 | $ 130,000 |
Merrimack County New Hampshire | 23 | $ 7,345,000 | $ 319,000 | $ 116,000 |
Howard County Maryland | 22 | $ 9,430,000 | $ 428,000 | $ 161,000 |
Allegheny County Pennsylvania | 21 | $ 7,185,000 | $ 342,000 | $ 175,000 |
Carroll County New Hampshire | 19 | $ 5,785,000 | $ 304,000 | $ 195,000 |
Belknap County New Hampshire | 18 | $ 5,700,000 | $ 316,000 | $ 217,000 |
Chester County Pennsylvania | 17 | $ 7,335,000 | $ 431,000 | $ 192,000 |
Anne Arundel County Maryland | 14 | $ 5,300,000 | $ 378,000 | $ 209,000 |
Harford County Maryland | 14 | $ 5,030,000 | $ 359,000 | $ 135,000 |
Prince George's County Maryland | 14 | $ 4,770,000 | $ 340,000 | $ 100,000 |
Middlesex County New Jersey | 13 | $ 5,235,000 | $ 402,000 | $ 192,000 |
Bucks County Pennsylvania | 13 | $ 4,505,000 | $ 346,000 | $ 136,000 |
Baltimore County Maryland | 11 | $ 3,355,000 | $ 305,000 | $ 135,000 |
Hampshire County Massachusetts | 10 | $ 3,350,000 | $ 335,000 | $ 201,000 |
Morris County New Jersey | 10 | $ 3,870,000 | $ 387,000 | $ 174,000 |
Delaware County Pennsylvania | 10 | $ 4,010,000 | $ 401,000 | $ 201,000 |
Hartford County Connecticut | 9 | $ 2,805,000 | $ 311,000 | $ 124,000 |
Miami-Dade County Florida | 9 | $ 4,035,000 | $ 448,000 | $ 194,000 |
York County Maine | 9 | $ 1,925,000 | $ 213,000 | $ 144,000 |
Carroll County Maryland | 9 | $ 3,555,000 | $ 395,000 | $ 160,000 |
Frederick County Maryland | 9 | $ 3,395,000 | $ 377,000 | $ 134,000 |
Grafton County New Hampshire | 9 | $ 2,465,000 | $ 273,000 | $ 231,000 |
Montgomery County Pennsylvania | 9 | $ 3,505,000 | $ 389,000 | $ 200,000 |
Collier County Florida | 8 | $ 1,760,000 | $ 220,000 | $ 235,000 |
Cook County Illinois | 8 | $ 3,340,000 | $ 417,000 | $ 178,000 |
Dukes County Massachusetts | 8 | $ 3,620,000 | $ 452,000 | $ 159,000 |
Bergen County New Jersey | 8 | $ 2,700,000 | $ 337,000 | $ 183,000 |
Essex County New Jersey | 8 | $ 3,650,000 | $ 456,000 | $ 198,000 |
Somerset County New Jersey | 8 | $ 3,100,000 | $ 387,000 | $ 201,000 |
Broward County Florida | 7 | $ 2,285,000 | $ 326,000 | $ 166,000 |
Hudson County New Jersey | 7 | $ 3,055,000 | $ 436,000 | $ 376,000 |
Monmouth County New Jersey | 7 | $ 2,595,000 | $ 370,000 | $ 151,000 |
Philadelphia County Pennsylvania | 7 | $ 2,785,000 | $ 397,000 | $ 198,000 |
Kent County Rhode Island | 7 | $ 1,685,000 | $ 240,000 | $ 93,000 |
Palm Beach County Florida | 6 | $ 2,390,000 | $ 398,000 | $ 171,000 |
Washington County Rhode Island | 6 | $ 2,340,000 | $ 390,000 | $ 204,000 |
New Haven County Connecticut | 5 | $ 1,385,000 | $ 277,000 | $ 91,000 |
Hillsborough County Florida | 4 | $ 1,020,000 | $ 255,000 | $ 130,000 |
Orange County Florida | 4 | $ 1,330,000 | $ 332,000 | $ 126,000 |
Osceola County Florida | 4 | $ 1,170,000 | $ 292,000 | $ 110,000 |
Cumberland County Maine | 4 | $ 1,800,000 | $ 450,000 | $ 322,000 |
Sullivan County New Hampshire | 4 | $ 1,420,000 | $ 355,000 | $ 225,000 |
Burlington County New Jersey | 4 | $ 1,230,000 | $ 307,000 | $ 170,000 |
Mercer County New Jersey | 4 | $ 1,710,000 | $ 427,000 | $ 130,000 |
Union County New Jersey | 4 | $ 1,320,000 | $ 330,000 | $ 159,000 |
Arlington County Virginia | 4 | $ 1,740,000 | $ 435,000 | $ 182,000 |
Stafford County Virginia | 4 | $ 1,260,000 | $ 315,000 | $ 117,000 |
Brevard County Florida | 3 | $ 905,000 | $ 301,000 | $ 124,000 |
Lee County Florida | 3 | $ 735,000 | $ 245,000 | $ 209,000 |
Pinellas County Florida | 3 | $ 1,105,000 | $ 368,000 | $ 130,000 |
Polk County Florida | 3 | $ 885,000 | $ 295,000 | $ 104,000 |
Lake County Illinois | 3 | $ 1,145,000 | $ 381,000 | $ 135,000 |
Baltimore City County Maryland | 3 | $ 845,000 | $ 281,000 | $ 177,000 |
Berkshire County Massachusetts | 3 | $ 795,000 | $ 265,000 | $ 151,000 |
Harrison County Mississippi | 3 | $ 895,000 | $ 298,000 | $ 170,000 |
Atlantic County New Jersey | 3 | $ 1,215,000 | $ 405,000 | $ 122,000 |
Hunterdon County New Jersey | 3 | $ 1,015,000 | $ 338,000 | $ 190,000 |
Ocean County New Jersey | 3 | $ 1,145,000 | $ 381,000 | $ 85,000 |
Lehigh County Pennsylvania | 3 | $ 1,265,000 | $ 421,000 | $ 143,000 |
Bristol County Rhode Island | 3 | $ 815,000 | $ 271,000 | $ 107,000 |
Prince William County Virginia | 3 | $ 1,105,000 | $ 368,000 | $ 121,000 |
Virginia Beach County Virginia | 3 | $ 1,095,000 | $ 365,000 | $ 111,000 |
Charlotte County Florida | 2 | $ 370,000 | $ 185,000 | $ 118,000 |
Indian River County Florida | 2 | $ 450,000 | $ 225,000 | $ 115,000 |
Lake County Florida | 2 | $ 460,000 | $ 230,000 | $ 121,000 |
Sarasota County Florida | 2 | $ 610,000 | $ 305,000 | $ 110,000 |
Volusia County Florida | 2 | $ 710,000 | $ 355,000 | $ 112,000 |
DuPage County Illinois | 2 | $ 860,000 | $ 430,000 | $ 167,000 |
Kane County Illinois | 2 | $ 670,000 | $ 335,000 | $ 115,000 |
Oxford County Maine | 2 | $ 380,000 | $ 190,000 | $ 178,000 |
Worcester County Maryland | 2 | $ 560,000 | $ 280,000 | $ 100,000 |
Nantucket County Massachusetts | 2 | $ 1,270,000 | $ 635,000 | $ 103,000 |
Coos County New Hampshire | 2 | $ 530,000 | $ 265,000 | $ 130,000 |
Sussex County New Jersey | 2 | $ 700,000 | $ 350,000 | $ 103,000 |
Cumberland County Pennsylvania | 2 | $ 550,000 | $ 275,000 | $ 96,000 |
Northampton County Pennsylvania | 2 | $ 940,000 | $ 470,000 | $ 260,000 |
Washington County Pennsylvania | 2 | $ 420,000 | $ 210,000 | $ 150,000 |
Westmoreland County Pennsylvania | 2 | $ 240,000 | $ 120,000 | $ 105,000 |
York County Pennsylvania | 2 | $ 630,000 | $ 315,000 | $ 139,000 |
Newport County Rhode Island | 2 | $ 530,000 | $ 265,000 | $ 147,000 |
Fairfax City County Virginia | 2 | $ 620,000 | $ 310,000 | $ 108,000 |
Fairfield County Connecticut | 1 | $ 195,000 | $ 195,000 | $ 226,000 |
Litchfield County Connecticut | 1 | $ 225,000 | $ 225,000 | $ 40,000 |
New London County Connecticut | 1 | $ 185,000 | $ 185,000 | $ 206,000 |
Windham County Connecticut | 1 | $ 495,000 | $ 495,000 | $ 153,000 |
Duval County Florida | 1 | $ 275,000 | $ 275,000 | $ 143,000 |
Manatee County Florida | 1 | $ 285,000 | $ 285,000 | $ 114,000 |
Marion County Florida | 1 | $ 105,000 | $ 105,000 | $ 48,000 |
Martin County Florida | 1 | $ 315,000 | $ 315,000 | $ 120,000 |
Monroe County Florida | 1 | $ 525,000 | $ 525,000 | $ 106,000 |
Seminole County Florida | 1 | $ 545,000 | $ 545,000 | $ 242,000 |
Will County Illinois | 1 | $ 345,000 | $ 345,000 | $ 122,000 |
Winnebago County Illinois | 1 | $ 335,000 | $ 335,000 | $ 75,000 |
Aroostook County Maine | 1 | $ 155,000 | $ 155,000 | $ 25,000 |
Kennebec County Maine | 1 | $ 545,000 | $ 545,000 | $ 132,000 |
Lincoln County Maine | 1 | $ 275,000 | $ 275,000 | $ 64,000 |
Piscataquis County Maine | 1 | $ 225,000 | $ 225,000 | $ 141,000 |
Calvert County Maryland | 1 | $ 445,000 | $ 445,000 | $ 101,000 |
Caroline County Maryland | 1 | $ 285,000 | $ 285,000 | $ 100,000 |
Cecil County Maryland | 1 | $ 235,000 | $ 235,000 | $ 83,000 |
Charles County Maryland | 1 | $ 425,000 | $ 425,000 | $ 450,000 |
Somerset County Maryland | 1 | $ 385,000 | $ 385,000 | $ 138,000 |
Washington County Maryland | 1 | $ 45,000 | $ 45,000 | $ 90,000 |
Franklin County Massachusetts | 1 | $ 275,000 | $ 275,000 | $ 37,000 |
Cheshire County New Hampshire | 1 | $ 275,000 | $ 275,000 | $ 80,000 |
Cape May County New Jersey | 1 | $ 175,000 | $ 175,000 | $ 247,000 |
Gloucester County New Jersey | 1 | $ 225,000 | $ 225,000 | $ 175,000 |
Passaic County New Jersey | 1 | $ 385,000 | $ 385,000 | $ 130,000 |
Catawba County North Carolina | 1 | $ 185,000 | $ 185,000 | $ 50,000 |
Craven County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 53,000 |
Adams County Pennsylvania | 1 | $ 215,000 | $ 215,000 | $ 85,000 |
Butler County Pennsylvania | 1 | $ 505,000 | $ 505,000 | $ 180,000 |
Dauphin County Pennsylvania | 1 | $ 415,000 | $ 415,000 | $ 143,000 |
Lancaster County Pennsylvania | 1 | $ 395,000 | $ 395,000 | $ 110,000 |
Lebanon County Pennsylvania | 1 | $ 265,000 | $ 265,000 | $ 146,000 |
Luzerne County Pennsylvania | 1 | $ 505,000 | $ 505,000 | $ 414,000 |
Davidson County Tennessee | 1 | $ 335,000 | $ 335,000 | $ 80,000 |
Charlottesville County Virginia | 1 | $ 275,000 | $ 275,000 | $ 122,000 |
Chesterfield County Virginia | 1 | $ 255,000 | $ 255,000 | $ 73,000 |
Fauquier County Virginia | 1 | $ 455,000 | $ 455,000 | $ 138,000 |
Frederick County Virginia | 1 | $ 355,000 | $ 355,000 | $ 52,000 |
Henrico County Virginia | 1 | $ 435,000 | $ 435,000 | $ 116,000 |
Madison County Virginia | 1 | $ 315,000 | $ 315,000 | $ 99,000 |
Richmond City County Virginia | 1 | $ 395,000 | $ 395,000 | $ 203,000 |
Spotsylvania County Virginia | 1 | $ 305,000 | $ 305,000 | $ 199,000 |
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.
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 | 2,825 | $1,044,285,000 | $369,000 | $3,255,000 | $146,000 | $2,876,000 |
Cash-out Refinancing | 1,245 | $441,725,000 | $354,000 | $855,000 | $130,000 | $811,000 |
Home Purchase | 1,233 | $531,245,000 | $430,000 | $1,335,000 | $125,000 | $1,620,000 |
Home Improvement | 138 | $56,410,000 | $408,000 | $945,000 | $155,000 | $524,000 |
Other Purpose | 1 | $505,000 | $505,000 | $505,000 | $143,000 | $143,000 |
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 |
---|---|---|---|---|---|---|
White | 3,417 | $1,265,605,000 | $370,000 | $1,605,000 | $139,000 | $1,680,000 |
Not Provided | 717 | $277,185,000 | $386,000 | $1,205,000 | $154,000 | $2,616,000 |
Hispanic | 630 | $256,310,000 | $406,000 | $1,115,000 | $94,000 | $515,000 |
Asian | 500 | $206,820,000 | $413,000 | $3,255,000 | $170,000 | $2,876,000 |
Black or African American | 157 | $60,335,000 | $384,000 | $945,000 | $111,000 | $293,000 |
American Indian or Alaskan Native | 8 | $3,470,000 | $433,000 | $695,000 | $142,000 | $223,000 |
Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
Not applicable | 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) | 4,908 | $1,835,070,000 | $373,000 | $3,255,000 | $144,000 | $2,876,000 |
FHA-insured (Federal Housing Administration) | 443 | $198,745,000 | $448,000 | $1,125,000 | $82,000 | $284,000 |
VA-guaranteed (Veterans Administration) | 91 | $40,355,000 | $443,000 | $895,000 | $70,000 | $275,000 |
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 | 4,541 | $1,727,125,000 | $380,000 | $1,125,000 | $136,000 | $2,876,000 |
Application Withdrawn By Applicant | 518 | $206,860,000 | $399,000 | $3,255,000 | $169,000 | $2,616,000 |
File Closed For Incompleteness | 232 | $83,870,000 | $361,000 | $1,335,000 | $121,000 | $1,376,000 |
Application Denied By Financial Institution | 133 | $49,635,000 | $373,000 | $905,000 | $101,000 | $640,000 |
Application Approved But Not Accepted | 18 | $6,680,000 | $371,000 | $705,000 | $96,000 | $187,000 |
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 |
---|---|---|---|---|---|---|
Not applicable | 5,309 | $2,024,535,000 | $381,000 | $3,255,000 | $139,000 | $2,876,000 |
Debt-To-Income Ratio | 66 | $26,300,000 | $398,000 | $905,000 | $70,000 | $271,000 |
Collateral | 23 | $8,785,000 | $381,000 | $775,000 | $175,000 | $492,000 |
Credit History | 15 | $5,065,000 | $337,000 | $585,000 | $157,000 | $640,000 |
Other | 10 | $3,450,000 | $345,000 | $575,000 | $87,000 | $164,000 |
Employment History | 10 | $2,950,000 | $295,000 | $465,000 | $76,000 | $198,000 |
Unverifiable Information | 5 | $1,785,000 | $357,000 | $615,000 | $78,000 | $156,000 |
Insufficient Cash (Downpayment, Closing Cost) | 4 | $1,300,000 | $325,000 | $415,000 | $97,000 | $157,000 |
Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
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.