Newalliance Bank Mortgage Lending & HMDA Data, 2005
In 2005, Newalliance Bank of New Haven, CT reported 2,922 mortgage applications totaling $538.9 million, up 26% from 2004. The average application was for $184,430, and applicants reported an average income of $96,650. 63% of its applications resulted in an originated loan and 11% were denied. Its largest markets were New Haven-Milford, CT (1,111), Hartford-West Hartford-East Hartford, CT (1,050) and Bridgeport-Stamford-Norwalk, CT (146) (applications in parentheses).
| Mortgage Company & Address | Newalliance Bank 195 Church Street New Haven, CT 06510 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,922 |
| Total Mortgage Loan Application Amount | $538,906,000 |
| Average Mortgage Loan Application Amount | $184,430 |
| Highest Mortgage Loan Application Amount | $3,825,000 |
| Average Applicant Income | $96,650 |
| Highest Applicant Income | $2,251,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Newalliance Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 | 1,111 | $ 168,644,000 | $ 151,794 | $ 63,000 |
| Hartford, Connecticut | 519 | $ 68,890,000 | $ 132,736 | $ 85,000 |
| Tolland, Connecticut | 371 | $ 43,445,000 | $ 117,102 | $ 108,000 |
| Middlesex, Connecticut | 160 | $ 27,860,000 | $ 174,125 | $ 93,000 |
| Fairfield, Connecticut | 146 | $ 45,834,000 | $ 313,931 | $ 109,000 |
| Windham, Connecticut | 126 | $ 14,146,000 | $ 112,269 | $ 61,000 |
| New London, Connecticut | 52 | $ 9,699,000 | $ 186,519 | $ 93,000 |
| Suffolk, New York | 25 | $ 9,597,000 | $ 383,880 | $ 151,000 |
| Nassau, New York | 22 | $ 10,338,000 | $ 469,909 | $ 378,000 |
| Litchfield, Connecticut | 21 | $ 4,122,000 | $ 196,285 | $ 86,000 |
| Middlesex, Massachusetts | 18 | $ 7,815,000 | $ 434,166 | $ 144,000 |
| Norfolk, Massachusetts | 18 | $ 6,308,000 | $ 350,444 | $ 157,000 |
| Westchester, New York | 17 | $ 9,584,000 | $ 563,764 | $ 510,000 |
| Essex, Massachusetts | 14 | $ 4,662,000 | $ 333,000 | $ 116,000 |
| Plymouth, Massachusetts | 14 | $ 4,486,000 | $ 320,428 | $ 81,000 |
| Worcester, Massachusetts | 12 | $ 4,536,000 | $ 378,000 | $ 183,000 |
| Bergen, New Jersey | 10 | $ 6,639,000 | $ 663,900 | $ 318,000 |
| Morris, New Jersey | 10 | $ 5,126,000 | $ 512,600 | $ 195,000 |
| Chester, Pennsylvania | 10 | $ 3,720,000 | $ 372,000 | $ 176,000 |
| Montgomery, Pennsylvania | 10 | $ 2,331,000 | $ 233,100 | $ 96,000 |
| Somerset, New Jersey | 9 | $ 3,954,000 | $ 439,333 | $ 201,000 |
| Cuyahoga, Ohio | 9 | $ 3,249,000 | $ 361,000 | $ 158,000 |
| Hamilton, Ohio | 8 | $ 2,694,000 | $ 336,750 | $ 134,000 |
| Bucks, Pennsylvania | 8 | $ 2,232,000 | $ 279,000 | $ 143,000 |
| Bristol, Massachusetts | 7 | $ 2,086,000 | $ 298,000 | $ 101,000 |
| Cape May, New Jersey | 7 | $ 5,329,000 | $ 761,285 | $ 648,000 |
| Middlesex, New Jersey | 7 | $ 1,749,000 | $ 249,857 | $ 105,000 |
| Monmouth, New Jersey | 7 | $ 3,163,000 | $ 451,857 | $ 217,000 |
| Suffolk, Massachusetts | 6 | $ 2,041,000 | $ 340,166 | $ 311,000 |
| Ocean, New Jersey | 6 | $ 1,522,000 | $ 253,666 | $ 137,000 |
| Hampden, Massachusetts | 5 | $ 1,276,000 | $ 255,200 | $ 162,000 |
| Rockingham, New Hampshire | 5 | $ 1,840,000 | $ 368,000 | $ 130,000 |
| Delaware, Ohio | 5 | $ 2,439,000 | $ 487,800 | $ 280,000 |
| Lucas, Ohio | 5 | $ 1,214,000 | $ 242,800 | $ 118,000 |
| Delaware, Pennsylvania | 5 | $ 1,220,000 | $ 244,000 | $ 318,000 |
| Providence, Rhode Island | 5 | $ 1,645,000 | $ 329,000 | $ 187,000 |
| Hillsborough, New Hampshire | 4 | $ 963,000 | $ 240,750 | $ 151,000 |
| Monroe, New York | 4 | $ 707,000 | $ 176,750 | $ 103,000 |
| Rockland, New York | 4 | $ 1,430,000 | $ 357,500 | $ 183,000 |
| Franklin, Ohio | 4 | $ 686,000 | $ 171,500 | $ 114,000 |
| Mahoning, Ohio | 4 | $ 729,000 | $ 182,250 | $ 167,000 |
| Allegheny, Pennsylvania | 4 | $ 282,000 | $ 70,500 | $ 241,000 |
| Barnstable, Massachusetts | 3 | $ 2,904,000 | $ 968,000 | $ 367,000 |
| Strafford, New Hampshire | 3 | $ 786,000 | $ 262,000 | $ 158,000 |
| Hudson, New Jersey | 3 | $ 1,564,000 | $ 521,333 | $ 165,000 |
| Dutchess, New York | 3 | $ 848,000 | $ 282,666 | $ 109,000 |
| Orange, New York | 3 | $ 1,048,000 | $ 349,333 | $ 130,000 |
| Putnam, New York | 3 | $ 1,001,000 | $ 333,666 | $ 133,000 |
| Fairfield, Ohio | 3 | $ 473,000 | $ 157,666 | $ 101,000 |
| Medina, Ohio | 3 | $ 631,000 | $ 210,333 | $ 86,000 |
| Cumberland, Pennsylvania | 3 | $ 1,013,000 | $ 337,666 | $ 135,000 |
| Lehigh, Pennsylvania | 3 | $ 790,000 | $ 263,333 | $ 103,000 |
| Philadelphia, Pennsylvania | 3 | $ 526,000 | $ 175,333 | $ 84,000 |
| Washington, Rhode Island | 3 | $ 1,629,000 | $ 543,000 | $ 315,000 |
| Cumberland, Maine | 2 | $ 1,079,000 | $ 539,500 | $ 397,000 |
| Dakota, Minnesota | 2 | $ 1,121,000 | $ 560,500 | $ 254,000 |
| Hennepin, Minnesota | 2 | $ 1,064,000 | $ 532,000 | $ 300,000 |
| Carroll, New Hampshire | 2 | $ 1,945,000 | $ 972,500 | $ 289,000 |
| Atlantic, New Jersey | 2 | $ 871,000 | $ 435,500 | $ 237,000 |
| Essex, New Jersey | 2 | $ 1,304,000 | $ 652,000 | $ 209,000 |
| Hunterdon, New Jersey | 2 | $ 920,000 | $ 460,000 | $ 265,000 |
| Passaic, New Jersey | 2 | $ 704,000 | $ 352,000 | $ 112,000 |
| Queens, New York | 2 | $ 784,000 | $ 392,000 | $ 112,000 |
| Rensselaer, New York | 2 | $ 994,000 | $ 497,000 | $ 564,000 |
| Ulster, New York | 2 | $ 652,000 | $ 326,000 | $ 1,065,000 |
| Butler, Ohio | 2 | $ 651,000 | $ 325,500 | $ 121,000 |
| Clinton, Ohio | 2 | $ 98,000 | $ 49,000 | $ 50,000 |
| Montgomery, Ohio | 2 | $ 101,000 | $ 50,500 | $ 94,000 |
| Summit, Ohio | 2 | $ 464,000 | $ 232,000 | $ 186,000 |
| Wood, Ohio | 2 | $ 618,000 | $ 309,000 | $ 233,000 |
| Dallas, Iowa | 1 | $ 365,000 | $ 365,000 | $ 160,000 |
| Kennebec, Maine | 1 | $ 700,000 | $ 700,000 | $ 219,000 |
| Berkshire, Massachusetts | 1 | $ 370,000 | $ 370,000 | $ 93,000 |
| Franklin, Massachusetts | 1 | $ 140,000 | $ 140,000 | $ 118,000 |
| Hampshire, Massachusetts | 1 | $ 190,000 | $ 190,000 | $ 109,000 |
| Nantucket, Massachusetts | 1 | $ 874,000 | $ 874,000 | $ 720,000 |
| Belknap, New Hampshire | 1 | $ 450,000 | $ 450,000 | $ 144,000 |
| Burlington, New Jersey | 1 | $ 428,000 | $ 428,000 | $ 200,000 |
| Camden, New Jersey | 1 | $ 415,000 | $ 415,000 | $ 169,000 |
| Mercer, New Jersey | 1 | $ 680,000 | $ 680,000 | $ 300,000 |
| Sussex, New Jersey | 1 | $ 468,000 | $ 468,000 | $ 175,000 |
| Union, New Jersey | 1 | $ 427,000 | $ 427,000 | $ 234,000 |
| Erie, New York | 1 | $ 55,000 | $ 55,000 | $ 49,000 |
| Genesee, New York | 1 | $ 92,000 | $ 92,000 | $ 38,000 |
| Jefferson, New York | 1 | $ 95,000 | $ 95,000 | $ 98,000 |
| Brown, Ohio | 1 | $ 69,000 | $ 69,000 | $ 27,000 |
| Clermont, Ohio | 1 | $ 165,000 | $ 165,000 | $ 60,000 |
| Huron, Ohio | 1 | $ 92,000 | $ 92,000 | $ 32,000 |
| Lake, Ohio | 1 | $ 109,000 | $ 109,000 | $ 70,000 |
| Lorain, Ohio | 1 | $ 64,000 | $ 64,000 | $ 89,000 |
| Ottawa, Ohio | 1 | $ 90,000 | $ 90,000 | $ 80,000 |
| Portage, Ohio | 1 | $ 66,000 | $ 66,000 | $ 153,000 |
| Union, Ohio | 1 | $ 254,000 | $ 254,000 | $ 113,000 |
| Adams, Pennsylvania | 1 | $ 207,000 | $ 207,000 | $ 114,000 |
| Berks, Pennsylvania | 1 | $ 265,000 | $ 265,000 | $ 160,000 |
| Erie, Pennsylvania | 1 | $ 188,000 | $ 188,000 | $ 43,000 |
| Fayette, Pennsylvania | 1 | $ 184,000 | $ 184,000 | $ 240,000 |
| Lancaster, Pennsylvania | 1 | $ 673,000 | $ 673,000 | $ 450,000 |
| Luzerne, Pennsylvania | 1 | $ 80,000 | $ 80,000 | $ 93,000 |
| Monroe, Pennsylvania | 1 | $ 202,000 | $ 202,000 | $ 93,000 |
| Northampton, Pennsylvania | 1 | $ 66,000 | $ 66,000 | $ 61,000 |
| Washington, Pennsylvania | 1 | $ 189,000 | $ 189,000 | $ 216,000 |
| Westmoreland, Pennsylvania | 1 | $ 696,000 | $ 696,000 | $ 202,000 |
| Kent, Rhode Island | 1 | $ 172,000 | $ 172,000 | $ 84,000 |
| Newport, Rhode Island | 1 | $ 650,000 | $ 650,000 | $ 182,000 |
| Chittenden, Vermont | 1 | $ 496,000 | $ 496,000 | $ 205,000 |
| Washington, Vermont | 1 | $ 239,000 | $ 239,000 | $ 137,000 |
| Chesapeake, Virginia | 1 | $ 436,000 | $ 436,000 | $ 118,000 |
| Berkeley, West Virginia | 1 | $ 280,000 | $ 280,000 | $ 97,000 |
| Milwaukee, Wisconsin | 1 | $ 410,000 | $ 410,000 | $ 202,000 |
Mortgage Loan Application Detail Totals for Newalliance Bank in 2005
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 | 1,106 | $263,341,000 | $391,769 | $1,993,000 | $193,076 | $1,219,000 |
| Home Purchase | 932 | $234,516,000 | $385,000 | $2,000,000 | $200,750 | $2,251,000 |
| Home Improvement | 884 | $41,049,000 | $46,000 | $3,825,000 | $69,000 | $320,000 |
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 | 2,333 | $420,044,000 | $373,000 | $2,000,000 | $192,142 | $2,251,000 |
| Hispanic | 201 | $25,818,000 | $229,500 | $560,000 | $125,833 | $1,002,000 |
| Black or African American | 172 | $21,751,000 | $230,000 | $618,000 | $86,750 | $307,000 |
| Asian | 119 | $30,696,000 | $362,666 | $1,268,000 | $227,333 | $1,219,000 |
| Not Provided | 76 | $30,275,000 | $419,555 | $1,993,000 | $202,555 | $2,000,000 |
| Not applicable | 14 | $9,727,000 | $694,000 | $3,825,000 | $111,000 | $744,000 |
| American Indian or Alaskan Native | 5 | $196,000 | $39,000 | $100,000 | $74,000 | $183,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $399,000 | $199,000 | $270,000 | $45,000 | $61,000 |
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) | 2,870 | $529,659,000 | $383,266 | $3,825,000 | $189,333 | $2,251,000 |
| FHA-insured (Federal Housing Administration) | 50 | $8,854,000 | $177,000 | $300,000 | $54,000 | $81,000 |
| VA-guaranteed (Veterans Administration) | 2 | $393,000 | $196,000 | $324,000 | $52,000 | $73,000 |
| 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 | 1,831 | $283,593,000 | $220,666 | $3,825,000 | $112,000 | $2,251,000 |
| Loan Purchased By The Institution | 591 | $196,939,000 | $385,333 | $2,000,000 | $183,933 | $2,000,000 |
| Application Denied By Financial Institution | 328 | $29,485,000 | $89,000 | $1,331,000 | $60,000 | $746,000 |
| Application Approved But Not Accepted | 99 | $12,565,000 | $126,000 | $376,000 | $78,000 | $411,000 |
| Application Withdrawn By Applicant | 73 | $16,324,000 | $625,500 | $1,039,000 | $419,500 | $741,000 |
| File Closed For Incompleteness | 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 36 | $7,386,000 | $205,000 | $1,331,000 | $43,000 | $133,000 |
| Credit History | 32 | $5,679,000 | $177,000 | $440,000 | $68,000 | $272,000 |
| Collateral | 23 | $5,880,000 | $255,000 | $1,152,000 | $98,000 | $746,000 |
| Other | 5 | $550,000 | $110,000 | $200,000 | $53,000 | $75,000 |
| Credit Application Incomplete | 4 | $754,000 | $188,000 | $325,000 | $49,000 | $71,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $383,000 | $191,000 | $208,000 | $69,000 | $103,000 |
| Mortgage Insurance Denied | 2 | $645,000 | $322,000 | $440,000 | $96,000 | $128,000 |
| Employment History | 1 | $175,000 | $175,000 | $175,000 | $17,000 | $17,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Newalliance Bank's 2005 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 Newalliance 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 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