Newalliance Bank Mortgage Lending & HMDA Data, 2007

In 2007, Newalliance Bank of New Haven, CT reported 5,120 mortgage applications totaling $1.1 billion, up 22% from 2006. The average application was for $212,253, and applicants reported an average income of $141,949. 58% of its applications resulted in an originated loan and 16% were denied. Its largest markets were Hartford-West Hartford-East Hartford, CT (1,757), New Haven-Milford, CT (1,490) and Springfield, MA (373) (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 5,120
Total Mortgage Loan Application Amount $1,086,737,000
Average Mortgage Loan Application Amount $212,253
Highest Mortgage Loan Application Amount $5,800,000
Average Applicant Income $141,949
Highest Applicant Income $6,478,000

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Act (HMDA) records Newalliance Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for Newalliance Bank by County in 2007

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 1,490 $ 194,604,000 $ 130,606 $ 91,000
Hartford, Connecticut 973 $ 103,450,000 $ 106,320 $ 83,000
Tolland, Connecticut 550 $ 58,825,000 $ 106,954 $ 91,000
Hampden, Massachusetts 353 $ 40,549,000 $ 114,869 $ 80,000
Fairfield, Connecticut 351 $ 222,515,000 $ 633,945 $ 325,000
Windham, Connecticut 252 $ 24,073,000 $ 95,527 $ 78,000
Middlesex, Connecticut 234 $ 37,884,000 $ 161,897 $ 117,000
Los Angeles, California 57 $ 30,258,000 $ 530,842 $ 383,000
New London, Connecticut 51 $ 11,997,000 $ 235,235 $ 101,000
Orange, California 36 $ 18,864,000 $ 524,000 $ 312,000
Litchfield, Connecticut 30 $ 12,274,000 $ 409,133 $ 259,000
Middlesex, Massachusetts 22 $ 10,661,000 $ 484,590 $ 253,000
Santa Clara, California 20 $ 9,824,000 $ 491,200 $ 270,000
Hampshire, Massachusetts 20 $ 3,821,000 $ 191,050 $ 82,000
Worcester, Massachusetts 18 $ 2,038,000 $ 113,222 $ 102,000
King, Washington 18 $ 9,686,000 $ 538,111 $ 310,000
Maricopa, Arizona 16 $ 7,862,000 $ 491,375 $ 272,000
San Diego, California 16 $ 8,534,000 $ 533,375 $ 275,000
Suffolk, New York 15 $ 9,660,000 $ 644,000 $ 316,000
Ventura, California 13 $ 6,798,000 $ 522,923 $ 349,000
Cook, Illinois 13 $ 5,744,000 $ 441,846 $ 553,000
Bucks, Pennsylvania 10 $ 3,951,000 $ 395,100 $ 196,000
Alameda, California 9 $ 4,128,000 $ 458,666 $ 181,000
Oakland, Michigan 9 $ 2,843,000 $ 315,888 $ 281,000
Hennepin, Minnesota 9 $ 5,011,000 $ 556,777 $ 472,000
Clark, Nevada 9 $ 5,031,000 $ 559,000 $ 339,000
Fairfax, Virginia 9 $ 4,610,000 $ 512,222 $ 320,000
Norfolk, Massachusetts 8 $ 3,400,000 $ 425,000 $ 258,000
Contra Costa, California 7 $ 3,383,000 $ 483,285 $ 306,000
Broward, Florida 7 $ 3,059,000 $ 437,000 $ 292,000
Nassau, New York 7 $ 4,813,000 $ 687,571 $ 565,000
Queens, New York 7 $ 2,849,000 $ 407,000 $ 170,000
Jefferson, Alabama 6 $ 3,036,000 $ 506,000 $ 406,000
Montgomery, Maryland 6 $ 3,029,000 $ 504,833 $ 285,000
Essex, Massachusetts 6 $ 2,245,000 $ 374,166 $ 300,000
St. Louis, Missouri 6 $ 2,975,000 $ 495,833 $ 396,000
Montgomery, Pennsylvania 6 $ 2,104,000 $ 350,666 $ 177,000
San Bernardino, California 5 $ 2,529,000 $ 505,800 $ 175,000
Arapahoe, Colorado 5 $ 2,872,000 $ 574,400 $ 454,000
Fulton, Georgia 5 $ 3,091,000 $ 618,200 $ 647,000
Lake, Illinois 5 $ 2,200,000 $ 440,000 $ 255,000
Berkshire, Massachusetts 5 $ 1,545,000 $ 309,000 $ 153,000
Suffolk, Massachusetts 5 $ 2,088,000 $ 417,600 $ 171,000
Wayne, Michigan 5 $ 2,918,000 $ 583,600 $ 382,000
Kings, New York 5 $ 2,431,000 $ 486,200 $ 212,000
New York, New York 5 $ 2,978,000 $ 595,600 $ 610,000
Rockland, New York 5 $ 2,317,000 $ 463,400 $ 208,000
Westchester, New York 5 $ 2,475,000 $ 495,000 $ 288,000
Multnomah, Oregon 5 $ 2,227,000 $ 445,400 $ 132,000
Denton, Texas 5 $ 2,230,000 $ 446,000 $ 725,000
Harris, Texas 5 $ 3,642,000 $ 728,400 $ 565,000
Salt Lake, Utah 5 $ 1,537,000 $ 307,400 $ 220,000
Shelby, Alabama 4 $ 1,098,000 $ 274,500 $ 123,000
Riverside, California 4 $ 2,206,000 $ 551,500 $ 433,000
San Mateo, California 4 $ 2,180,000 $ 545,000 $ 255,000
Santa Barbara, California 4 $ 1,948,000 $ 487,000 $ 256,000
Jefferson, Colorado 4 $ 1,575,000 $ 393,750 $ 174,000
Miami-Dade, Florida 4 $ 2,483,000 $ 620,750 $ 361,000
Palm Beach, Florida 4 $ 1,473,000 $ 368,250 $ 620,000
Ada, Idaho 4 $ 982,000 $ 245,500 $ 76,000
Barnstable, Massachusetts 4 $ 1,799,000 $ 449,750 $ 289,000
Marin, California 3 $ 1,579,000 $ 526,333 $ 264,000
Monterey, California 3 $ 1,445,000 $ 481,666 $ 493,000
San Francisco, California 3 $ 1,087,000 $ 362,333 $ 284,000
Denver, Colorado 3 $ 1,053,000 $ 351,000 $ 326,000
New Castle, Delaware 3 $ 1,265,000 $ 421,666 $ 265,000
Sussex, Delaware 3 $ 1,606,000 $ 535,333 $ 785,000
Will, Illinois 3 $ 1,426,000 $ 475,333 $ 200,000
Plymouth, Massachusetts 3 $ 1,124,000 $ 374,666 $ 100,000
Crow Wing, Minnesota 3 $ 1,584,000 $ 528,000 $ 807,000
Flathead, Montana 3 $ 1,702,000 $ 567,333 $ 307,000
Missoula, Montana 3 $ 1,667,000 $ 555,666 $ 410,000
Bergen, New Jersey 3 $ 2,025,000 $ 675,000 $ 705,000
Hudson, New Jersey 3 $ 1,504,000 $ 501,333 $ 181,000
Middlesex, New Jersey 3 $ 1,864,000 $ 621,333 $ 802,000
Monmouth, New Jersey 3 $ 1,584,000 $ 528,000 $ 250,000
Richmond, New York 3 $ 1,644,000 $ 548,000 $ 281,000
Chester, Pennsylvania 3 $ 1,296,000 $ 432,000 $ 245,000
Philadelphia, Pennsylvania 3 $ 928,000 $ 309,333 $ 129,000
Washington, Rhode Island 3 $ 2,421,000 $ 807,000 $ 476,000
Horry, South Carolina 3 $ 1,720,000 $ 573,333 $ 290,000
Bexar, Texas 3 $ 923,000 $ 307,666 $ 207,000
Dallas, Texas 3 $ 2,630,000 $ 876,666 $ 674,000
Davis, Utah 3 $ 1,781,000 $ 593,666 $ 294,000
Pierce, Washington 3 $ 1,212,000 $ 404,000 $ 340,000
Baldwin, Alabama 2 $ 588,000 $ 294,000 $ 144,000
Montgomery, Alabama 2 $ 835,000 $ 417,500 $ 468,000
Mohave, Arizona 2 $ 624,000 $ 312,000 $ 341,000
Yavapai, Arizona 2 $ 849,000 $ 424,500 $ 268,000
Placer, California 2 $ 1,346,000 $ 673,000 $ 219,000
Boulder, Colorado 2 $ 1,792,000 $ 896,000 $ 746,000
Douglas, Colorado 2 $ 1,150,000 $ 575,000 $ 513,000
Eagle, Colorado 2 $ 1,905,000 $ 952,500 $ 565,000
Collier, Florida 2 $ 1,249,000 $ 624,500 $ 1,765,000
Lee, Florida 2 $ 817,000 $ 408,500 $ 137,000
Orange, Florida 2 $ 734,000 $ 367,000 $ 167,000
Sarasota, Florida 2 $ 1,018,000 $ 509,000 $ 549,000
Gwinnett, Georgia 2 $ 200,000 $ 100,000 $ 28,000
Hall, Georgia 2 $ 1,132,000 $ 566,000 $ 439,000
DuPage, Illinois 2 $ 764,000 $ 382,000 $ 216,000
Kane, Illinois 2 $ 813,000 $ 406,500 $ 168,000
Linn, Iowa 2 $ 585,000 $ 292,500 $ 210,000
Polk, Iowa 2 $ 779,000 $ 389,500 $ 161,000
Johnson, Kansas 2 $ 860,000 $ 430,000 $ 296,000
Jefferson, Kentucky 2 $ 954,000 $ 477,000 $ 217,000
Anne Arundel, Maryland 2 $ 895,000 $ 447,500 $ 306,000
Baltimore, Maryland 2 $ 926,000 $ 463,000 $ 265,000
Howard, Maryland 2 $ 1,021,000 $ 510,500 $ 228,000
Dakota, Minnesota 2 $ 545,000 $ 272,500 $ 195,000
Washington, Minnesota 2 $ 1,230,000 $ 615,000 $ 337,000
St. Charles, Missouri 2 $ 1,233,000 $ 616,500 $ 241,000
Nye, Nevada 2 $ 277,000 $ 138,500 $ 74,000
Washoe, Nevada 2 $ 1,005,000 $ 502,500 $ 364,000
Rockingham, New Hampshire 2 $ 802,000 $ 401,000 $ 226,000
Burlington, New Jersey 2 $ 792,000 $ 396,000 $ 159,000
Camden, New Jersey 2 $ 1,279,000 $ 639,500 $ 630,000
Cape May, New Jersey 2 $ 659,000 $ 329,500 $ 152,000
Mercer, New Jersey 2 $ 1,131,000 $ 565,500 $ 340,000
Brunswick, North Carolina 2 $ 1,108,000 $ 554,000 $ 326,000
Union, North Carolina 2 $ 875,000 $ 437,500 $ 114,000
Watauga, North Carolina 2 $ 800,000 $ 400,000 $ 298,000
Cuyahoga, Ohio 2 $ 490,000 $ 245,000 $ 267,000
Oklahoma, Oklahoma 2 $ 1,119,000 $ 559,500 $ 700,000
Douglas, Oregon 2 $ 597,000 $ 298,500 $ 199,000
Washington, Oregon 2 $ 901,000 $ 450,500 $ 214,000
Berks, Pennsylvania 2 $ 711,000 $ 355,500 $ 224,000
Delaware, Pennsylvania 2 $ 755,000 $ 377,500 $ 149,000
Westmoreland, Pennsylvania 2 $ 512,000 $ 256,000 $ 135,000
Kent, Rhode Island 2 $ 556,000 $ 278,000 $ 260,000
Newport, Rhode Island 2 $ 800,000 $ 400,000 $ 391,000
Charleston, South Carolina 2 $ 814,000 $ 407,000 $ 336,000
Davidson, Tennessee 2 $ 637,000 $ 318,500 $ 171,000
Maury, Tennessee 2 $ 499,000 $ 249,500 $ 1,985,000
Collin, Texas 2 $ 1,271,000 $ 635,500 $ 507,000
Kendall, Texas 2 $ 874,000 $ 437,000 $ 478,000
Montgomery, Texas 2 $ 1,242,000 $ 621,000 $ 218,000
Washington, Utah 2 $ 1,101,000 $ 550,500 $ 1,122,000
Virginia Beach, Virginia 2 $ 866,000 $ 433,000 $ 221,000
Snohomish, Washington 2 $ 826,000 $ 413,000 $ 210,000
Thurston, Washington 2 $ 633,000 $ 316,500 $ 196,000
Milwaukee, Wisconsin 2 $ 705,000 $ 352,500 $ 323,000
Waukesha, Wisconsin 2 $ 976,000 $ 488,000 $ 249,000
Marshall, Alabama 1 $ 219,000 $ 219,000 $ 240,000
Mobile, Alabama 1 $ 235,000 $ 235,000 $ 125,000
Tallapoosa, Alabama 1 $ 600,000 $ 600,000 $ 180,000
Anchorage, Alaska 1 $ 223,000 $ 223,000 $ 249,000
Matanuska-Susitna, Alaska 1 $ 207,000 $ 207,000 $ 56,000
Gila, Arizona 1 $ 290,000 $ 290,000 $ 189,000
Pima, Arizona 1 $ 250,000 $ 250,000 $ 70,000
Pinal, Arizona 1 $ 311,000 $ 311,000 $ 150,000
Sebastian, Arkansas 1 $ 493,000 $ 493,000 $ 500,000
Kern, California 1 $ 115,000 $ 115,000 $ 39,000
Nevada, California 1 $ 466,000 $ 466,000 $ 261,000
Sacramento, California 1 $ 491,000 $ 491,000 $ 235,000
San Luis Obispo, California 1 $ 595,000 $ 595,000 $ 500,000
Santa Cruz, California 1 $ 518,000 $ 518,000 $ 145,000
Stanislaus, California 1 $ 500,000 $ 500,000 $ 191,000
Adams, Colorado 1 $ 229,000 $ 229,000 $ 71,000
El Paso, Colorado 1 $ 490,000 $ 490,000 $ 174,000
District of Columbia, District Of Columbia 1 $ 358,000 $ 358,000 $ 205,000
Alachua, Florida 1 $ 189,000 $ 189,000 $ 116,000
Brevard, Florida 1 $ 266,000 $ 266,000 $ 270,000
Duval, Florida 1 $ 631,000 $ 631,000 $ 924,000
Escambia, Florida 1 $ 447,000 $ 447,000 $ 360,000
Lake, Florida 1 $ 444,000 $ 444,000 $ 566,000
Monroe, Florida 1 $ 800,000 $ 800,000 $ 318,000
Pinellas, Florida 1 $ 142,000 $ 142,000 $ 73,000
Seminole, Florida 1 $ 291,000 $ 291,000 $ 170,000
Walton, Florida 1 $ 595,000 $ 595,000 $ 378,000
Bulloch, Georgia 1 $ 141,000 $ 141,000 $ 105,000
Forsyth, Georgia 1 $ 559,000 $ 559,000 $ 462,000
Blaine, Idaho 1 $ 593,000 $ 593,000 $ 340,000
Bonneville, Idaho 1 $ 168,000 $ 168,000 $ 192,000
Kootenai, Idaho 1 $ 702,000 $ 702,000 $ 464,000
Kendall, Illinois 1 $ 642,000 $ 642,000 $ 210,000
Boone, Indiana 1 $ 367,000 $ 367,000 $ 539,000
Lake, Indiana 1 $ 60,000 $ 60,000 $ 43,000
Morgan, Indiana 1 $ 216,000 $ 216,000 $ 144,000
Dallas, Iowa 1 $ 110,000 $ 110,000 $ 40,000
Dubuque, Iowa 1 $ 327,000 $ 327,000 $ 476,000
Scott, Iowa 1 $ 381,000 $ 381,000 $ 300,000
Warren, Kentucky 1 $ 520,000 $ 520,000 $ 183,000
St. John the Baptist, Louisiana 1 $ 135,000 $ 135,000 $ 37,000
Cumberland, Maine 1 $ 546,000 $ 546,000 $ 400,000
York, Maine 1 $ 147,000 $ 147,000 $ 61,000
Carroll, Maryland 1 $ 308,000 $ 308,000 $ 186,000
Cecil, Maryland 1 $ 471,000 $ 471,000 $ 178,000
Harford, Maryland 1 $ 56,000 $ 56,000 $ 170,000
Bristol, Massachusetts 1 $ 304,000 $ 304,000 $ 150,000
Nantucket, Massachusetts 1 $ 930,000 $ 930,000 $ 458,000
Charlevoix, Michigan 1 $ 561,000 $ 561,000 $ 301,000
Kent, Michigan 1 $ 463,000 $ 463,000 $ 96,000
Livingston, Michigan 1 $ 413,000 $ 413,000 $ 180,000
Anoka, Minnesota 1 $ 208,000 $ 208,000 $ 71,000
Chisago, Minnesota 1 $ 571,000 $ 571,000 $ 292,000
Ramsey, Minnesota 1 $ 154,000 $ 154,000 $ 42,000
Wright, Minnesota 1 $ 633,000 $ 633,000 $ 900,000
Forrest, Mississippi 1 $ 100,000 $ 100,000 $ 150,000
Lee, Mississippi 1 $ 168,000 $ 168,000 $ 124,000
Marshall, Mississippi 1 $ 85,000 $ 85,000 $ 113,000
Oktibbeha, Mississippi 1 $ 134,000 $ 134,000 $ 300,000
Jackson, Missouri 1 $ 414,000 $ 414,000 $ 359,000
Lincoln, Nebraska 1 $ 155,000 $ 155,000 $ 63,000
Belknap, New Hampshire 1 $ 350,000 $ 350,000 $ 235,000
Merrimack, New Hampshire 1 $ 230,000 $ 230,000 $ 83,000
Essex, New Jersey 1 $ 1,171,000 $ 1,171,000 $ 1,174,000
Passaic, New Jersey 1 $ 268,000 $ 268,000 $ 73,000
Somerset, New Jersey 1 $ 598,000 $ 598,000 $ 286,000
Union, New Jersey 1 $ 504,000 $ 504,000 $ 262,000
Curry, New Mexico 1 $ 527,000 $ 527,000 $ 250,000
Dona Ana, New Mexico 1 $ 439,000 $ 439,000 $ 210,000
Santa Fe, New Mexico 1 $ 745,000 $ 745,000 $ 349,000
Allegany, New York 1 $ 63,000 $ 63,000 $ 54,000
Bronx, New York 1 $ 297,000 $ 297,000 $ 148,000
Dutchess, New York 1 $ 411,000 $ 411,000 $ 327,000
Erie, New York 1 $ 306,000 $ 306,000 $ 650,000
Orange, New York 1 $ 232,000 $ 232,000 $ 210,000
Schenectady, New York 1 $ 155,000 $ 155,000 $ 122,000
Buncombe, North Carolina 1 $ 189,000 $ 189,000 $ 85,000
Carteret, North Carolina 1 $ 388,000 $ 388,000 $ 666,000
Wake, North Carolina 1 $ 565,000 $ 565,000 $ 469,000
Clark, Ohio 1 $ 96,000 $ 96,000 $ 95,000
Delaware, Ohio 1 $ 453,000 $ 453,000 $ 595,000
Erie, Ohio 1 $ 159,000 $ 159,000 $ 120,000
Franklin, Ohio 1 $ 341,000 $ 341,000 $ 115,000
Lucas, Ohio 1 $ 534,000 $ 534,000 $ 310,000
Medina, Ohio 1 $ 428,000 $ 428,000 $ 598,000
Tuscarawas, Ohio 1 $ 116,000 $ 116,000 $ 50,000
Union, Ohio 1 $ 458,000 $ 458,000 $ 190,000
Wood, Ohio 1 $ 82,000 $ 82,000 $ 25,000
Cleveland, Oklahoma 1 $ 100,000 $ 100,000 $ 130,000
Muskogee, Oklahoma 1 $ 493,000 $ 493,000 $ 396,000
Tulsa, Oklahoma 1 $ 366,000 $ 366,000 $ 225,000
Clackamas, Oregon 1 $ 739,000 $ 739,000 $ 404,000
Deschutes, Oregon 1 $ 958,000 $ 958,000 $ 358,000
Jackson, Oregon 1 $ 693,000 $ 693,000 $ 384,000
Lane, Oregon 1 $ 328,000 $ 328,000 $ 59,000
Wallowa, Oregon 1 $ 623,000 $ 623,000 $ 286,000
Lebanon, Pennsylvania 1 $ 388,000 $ 388,000 $ 180,000
Luzerne, Pennsylvania 1 $ 475,000 $ 475,000 $ 275,000
Monroe, Pennsylvania 1 $ 169,000 $ 169,000 $ 84,000
Perry, Pennsylvania 1 $ 96,000 $ 96,000 $ 79,000
York, Pennsylvania 1 $ 471,000 $ 471,000 $ 168,000
Beaufort, South Carolina 1 $ 603,000 $ 603,000 $ 52,000
Greenville, South Carolina 1 $ 183,000 $ 183,000 $ 75,000
Lexington, South Carolina 1 $ 1,196,000 $ 1,196,000 $ 435,000
Pickens, South Carolina 1 $ 546,000 $ 546,000 $ 555,000
Union, South Carolina 1 $ 574,000 $ 574,000 $ 243,000
Hamilton, Tennessee 1 $ 292,000 $ 292,000 $ 240,000
Knox, Tennessee 1 $ 167,000 $ 167,000 $ 92,000
Madison, Tennessee 1 $ 121,000 $ 121,000 $ 72,000
Shelby, Tennessee 1 $ 81,000 $ 81,000 $ 95,000
Williamson, Tennessee 1 $ 447,000 $ 447,000 $ 480,000
Wilson, Tennessee 1 $ 148,000 $ 148,000 $ 104,000
Fort Bend, Texas 1 $ 61,000 $ 61,000 $ 45,000
Grayson, Texas 1 $ 493,000 $ 493,000 $ 168,000
Gregg, Texas 1 $ 488,000 $ 488,000 $ 1,212,000
Taylor, Texas 1 $ 752,000 $ 752,000 $ 300,000
Travis, Texas 1 $ 504,000 $ 504,000 $ 213,000
Grand, Utah 1 $ 844,000 $ 844,000 $ 420,000
Utah, Utah 1 $ 74,000 $ 74,000 $ 120,000
Chittenden, Vermont 1 $ 181,000 $ 181,000 $ 267,000
Arlington, Virginia 1 $ 506,000 $ 506,000 $ 228,000
Goochland, Virginia 1 $ 497,000 $ 497,000 $ 285,000
Henrico, Virginia 1 $ 417,000 $ 417,000 $ 293,000
James City, Virginia 1 $ 326,000 $ 326,000 $ 240,000
Loudoun, Virginia 1 $ 612,000 $ 612,000 $ 131,000
Newport News, Virginia 1 $ 137,000 $ 137,000 $ 80,000
Richmond City, Virginia 1 $ 418,000 $ 418,000 $ 335,000
Roanoke City, Virginia 1 $ 327,000 $ 327,000 $ 225,000
Clark, Washington 1 $ 473,000 $ 473,000 $ 167,000
Kitsap, Washington 1 $ 128,000 $ 128,000 $ 47,000
Pacific, Washington 1 $ 618,000 $ 618,000 $ 288,000
Skagit, Washington 1 $ 624,000 $ 624,000 $ 183,000
Spokane, Washington 1 $ 377,000 $ 377,000 $ 648,000
Walla Walla, Washington 1 $ 623,000 $ 623,000 $ 365,000
Yakima, Washington 1 $ 46,000 $ 46,000 $ 25,000
Berkeley, West Virginia 1 $ 308,000 $ 308,000 $ 77,000
Brown, Wisconsin 1 $ 832,000 $ 832,000 $ 437,000
Columbia, Wisconsin 1 $ 474,000 $ 474,000 $ 168,000
Dane, Wisconsin 1 $ 606,000 $ 606,000 $ 361,000
La Crosse, Wisconsin 1 $ 575,000 $ 575,000 $ 280,000
Ozaukee, Wisconsin 1 $ 439,000 $ 439,000 $ 259,000
Vernon, Wisconsin 1 $ 48,000 $ 48,000 $ 17,000
Laramie, Wyoming 1 $ 748,000 $ 748,000 $ 1,083,000

Mortgage Loan Application Detail Totals for Newalliance Bank in 2007

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 2,884 $653,940,000 $226,000 $4,000,000 $148,000 $4,800,000
Home Improvement 1,237 $71,283,000 $57,000 $1,759,000 $85,000 $1,012,000
Home Purchase 999 $361,514,000 $361,000 $5,800,000 $195,000 $6,478,000

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 3,958 $826,686,000 $208,000 $3,675,000 $145,000 $6,478,000
Not Provided 401 $87,959,000 $219,000 $1,625,000 $175,000 $1,892,000
Hispanic 304 $44,699,000 $147,000 $1,610,000 $80,000 $925,000
Black or African American 233 $37,053,000 $159,000 $4,000,000 $70,000 $676,000
Asian 175 $61,689,000 $352,000 $1,800,000 $207,000 $1,800,000
Not applicable 26 $22,407,000 $861,000 $5,800,000 $86,000 $829,000
American Indian or Alaskan Native 16 $4,948,000 $309,000 $2,000,000 $120,000 $525,000
Native Hawaiian or Other Pacific Islander 7 $1,296,000 $185,000 $735,000 $97,000 $245,000

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) 5,032 $1,070,158,000 $212,000 $5,800,000 $143,000 $6,478,000
FHA-insured (Federal Housing Administration) 87 $16,419,000 $188,000 $306,000 $62,000 $154,000
VA-guaranteed (Veterans Administration) 1 $160,000 $160,000 $160,000 $40,000 $40,000
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 2,987 $507,372,000 $169,000 $5,800,000 $117,000 $6,478,000
Loan Purchased By The Institution 872 $397,294,000 $455,000 $1,759,000 $308,000 $4,800,000
Application Denied By Financial Institution 839 $102,300,000 $121,000 $1,950,000 $75,000 $1,114,000
Application Withdrawn By Applicant 255 $60,821,000 $238,000 $3,000,000 $113,000 $1,225,000
Application Approved But Not Accepted 167 $18,950,000 $113,000 $1,400,000 $98,000 $585,000
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
Credit History 54 $11,572,000 $214,000 $1,245,000 $63,000 $277,000
Collateral 44 $14,647,000 $332,000 $1,950,000 $133,000 $1,114,000
Debt-To-Income Ratio 39 $9,004,000 $230,000 $815,000 $53,000 $180,000
Other 24 $5,560,000 $231,000 $620,000 $122,000 $427,000
Credit Application Incomplete 13 $4,033,000 $310,000 $1,200,000 $97,000 $371,000
Unverifiable Information 4 $1,486,000 $371,000 $740,000 $89,000 $155,000
Insufficient Cash (Downpayment, Closing Cost) 3 $1,364,000 $454,000 $702,000 $94,000 $163,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Newalliance Bank's 2007 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.
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