Find mortgage loan statistics, lending data, and loan application totals for New York.
The mortgage statistics and data below are specific to mortgage loan applications for Somerset Investors 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 | Somerset Investors Corp. 290 Broadhollow Road Melville, NY 11747 Tel #: available with data download |
Federal Regulator | * available with data download |
Years | 2009 2008 2007 2006 2005 2004 2003 |
Total Number of Mortgage Applications | 2,020 |
Total Mortgage Loan Application Amount | $462,910,000 |
Average Mortgage Loan Application Amount | $220,181 |
Highest Mortgage Loan Application Amount | $1,916,000 |
Average Applicant Income | $102,272 |
Highest Applicant Income | $701,000 |
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 NY, 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 |
---|---|---|---|---|
Queens County New York | 331 | $ 87,933,000 | $ 265,000 | $ 82,000 |
Orange County New York | 291 | $ 52,096,000 | $ 179,000 | $ 63,000 |
Nassau County New York | 206 | $ 61,826,000 | $ 300,000 | $ 93,000 |
Kings County New York | 189 | $ 51,560,000 | $ 272,000 | $ 73,000 |
Suffolk County New York | 189 | $ 45,691,000 | $ 241,000 | $ 77,000 |
Richmond County New York | 112 | $ 22,682,000 | $ 202,000 | $ 73,000 |
Sullivan County New York | 100 | $ 13,243,000 | $ 132,000 | $ 57,000 |
Bronx County New York | 96 | $ 21,026,000 | $ 219,000 | $ 68,000 |
Ulster County New York | 80 | $ 12,197,000 | $ 152,000 | $ 63,000 |
Westchester County New York | 50 | $ 15,116,000 | $ 302,000 | $ 97,000 |
Fairfield County Connecticut | 33 | $ 11,907,000 | $ 360,000 | $ 103,000 |
Dutchess County New York | 33 | $ 6,918,000 | $ 209,000 | $ 71,000 |
Palm Beach County Florida | 19 | $ 5,501,000 | $ 289,000 | $ 91,000 |
Rockland County New York | 16 | $ 4,047,000 | $ 252,000 | $ 96,000 |
New Haven County Connecticut | 13 | $ 2,322,000 | $ 178,000 | $ 64,000 |
New York County New York | 13 | $ 4,933,000 | $ 379,000 | $ 86,000 |
Pinellas County Florida | 10 | $ 1,233,000 | $ 123,000 | $ 47,000 |
Worcester County Massachusetts | 10 | $ 1,807,000 | $ 180,000 | $ 62,000 |
Putnam County New York | 9 | $ 1,747,000 | $ 194,000 | $ 69,000 |
Saratoga County New York | 9 | $ 1,329,000 | $ 147,000 | $ 63,000 |
Plymouth County Massachusetts | 8 | $ 1,977,000 | $ 247,000 | $ 65,000 |
Columbia County New York | 8 | $ 1,509,000 | $ 188,000 | $ 69,000 |
Broward County Florida | 7 | $ 1,629,000 | $ 232,000 | $ 89,000 |
Hillsborough County Florida | 7 | $ 1,257,000 | $ 179,000 | $ 116,000 |
Middlesex County Massachusetts | 7 | $ 1,581,000 | $ 225,000 | $ 69,000 |
Suffolk County Massachusetts | 7 | $ 1,861,000 | $ 265,000 | $ 70,000 |
Brevard County Florida | 6 | $ 859,000 | $ 143,000 | $ 60,000 |
Lee County Florida | 6 | $ 957,000 | $ 159,000 | $ 57,000 |
Sarasota County Florida | 6 | $ 713,000 | $ 118,000 | $ 29,000 |
Schenectady County New York | 6 | $ 695,000 | $ 115,000 | $ 45,000 |
Litchfield County Connecticut | 5 | $ 921,000 | $ 184,000 | $ 127,000 |
Volusia County Florida | 5 | $ 804,000 | $ 160,000 | $ 60,000 |
Hampden County Massachusetts | 5 | $ 659,000 | $ 131,000 | $ 36,000 |
Norfolk County Massachusetts | 5 | $ 2,345,000 | $ 469,000 | $ 105,000 |
Middlesex County Connecticut | 4 | $ 492,000 | $ 123,000 | $ 59,000 |
Collier County Florida | 4 | $ 710,000 | $ 177,000 | $ 71,000 |
Lake County Florida | 4 | $ 501,000 | $ 125,000 | $ 39,000 |
Manatee County Florida | 4 | $ 558,000 | $ 139,000 | $ 67,000 |
Miami-Dade County Florida | 4 | $ 1,556,000 | $ 389,000 | $ 170,000 |
Orange County Florida | 4 | $ 567,000 | $ 141,000 | $ 86,000 |
Osceola County Florida | 4 | $ 650,000 | $ 162,000 | $ 50,000 |
Polk County Florida | 4 | $ 475,000 | $ 118,000 | $ 114,000 |
St. Lucie County Florida | 4 | $ 415,000 | $ 103,000 | $ 45,000 |
Bristol County Massachusetts | 4 | $ 702,000 | $ 175,000 | $ 77,000 |
Albany County New York | 4 | $ 612,000 | $ 153,000 | $ 54,000 |
Rensselaer County New York | 4 | $ 491,000 | $ 122,000 | $ 52,000 |
Hartford County Connecticut | 3 | $ 396,000 | $ 132,000 | $ 56,000 |
Seminole County Florida | 3 | $ 793,000 | $ 264,000 | $ 84,000 |
Prince George's County Maryland | 3 | $ 987,000 | $ 329,000 | $ 102,000 |
Greene County New York | 3 | $ 615,000 | $ 205,000 | $ 132,000 |
Denver County Colorado | 2 | $ 316,000 | $ 158,000 | $ 638,000 |
El Paso County Colorado | 2 | $ 207,000 | $ 103,000 | $ 70,000 |
Jefferson County Colorado | 2 | $ 325,000 | $ 162,000 | $ 132,000 |
Flagler County Florida | 2 | $ 265,000 | $ 132,000 | $ 32,000 |
Marion County Florida | 2 | $ 176,000 | $ 88,000 | $ 36,000 |
Anne Arundel County Maryland | 2 | $ 228,000 | $ 114,000 | $ 67,000 |
Charles County Maryland | 2 | $ 632,000 | $ 316,000 | $ 81,000 |
Harford County Maryland | 2 | $ 267,000 | $ 133,000 | $ 58,000 |
Barnstable County Massachusetts | 2 | $ 489,000 | $ 244,000 | $ 48,000 |
Essex County Massachusetts | 2 | $ 520,000 | $ 260,000 | $ 113,000 |
Chenango County New York | 2 | $ 266,000 | $ 133,000 | $ 75,000 |
Erie County New York | 2 | $ 433,000 | $ 216,000 | $ 68,000 |
Monroe County New York | 2 | $ 125,000 | $ 62,000 | $ 89,000 |
Montgomery County New York | 2 | $ 192,000 | $ 96,000 | $ 46,000 |
Oneida County New York | 2 | $ 252,000 | $ 126,000 | $ 59,000 |
Onondaga County New York | 2 | $ 120,000 | $ 60,000 | $ 24,000 |
Oswego County New York | 2 | $ 204,000 | $ 102,000 | $ 19,000 |
Otsego County New York | 2 | $ 275,000 | $ 137,000 | $ 27,000 |
Arapahoe County Colorado | 1 | $ 146,000 | $ 146,000 | $ 38,000 |
Weld County Colorado | 1 | $ 168,000 | $ 168,000 | $ 47,000 |
Tolland County Connecticut | 1 | $ 152,000 | $ 152,000 | $ 67,000 |
Bay County Florida | 1 | $ 162,000 | $ 162,000 | $ 127,000 |
Clay County Florida | 1 | $ 160,000 | $ 160,000 | $ 45,000 |
Escambia County Florida | 1 | $ 232,000 | $ 232,000 | $ 86,000 |
Hamilton County Florida | 1 | $ 164,000 | $ 164,000 | $ 43,000 |
Hernando County Florida | 1 | $ 135,000 | $ 135,000 | $ 128,000 |
Indian River County Florida | 1 | $ 145,000 | $ 145,000 | $ 17,000 |
Pasco County Florida | 1 | $ 59,000 | $ 59,000 | $ 63,000 |
Santa Rosa County Florida | 1 | $ 238,000 | $ 238,000 | $ 91,000 |
Suwannee County Florida | 1 | $ 157,000 | $ 157,000 | $ 39,000 |
Baltimore City County Maryland | 1 | $ 152,000 | $ 152,000 | $ 53,000 |
Frederick County Maryland | 1 | $ 174,000 | $ 174,000 | $ 77,000 |
Howard County Maryland | 1 | $ 245,000 | $ 245,000 | $ 70,000 |
Montgomery County Maryland | 1 | $ 263,000 | $ 263,000 | $ 64,000 |
Washington County Maryland | 1 | $ 163,000 | $ 163,000 | $ 56,000 |
Hampshire County Massachusetts | 1 | $ 213,000 | $ 213,000 | $ 56,000 |
Cayuga County New York | 1 | $ 94,000 | $ 94,000 | $ 77,000 |
Chautauqua County New York | 1 | $ 60,000 | $ 60,000 | $ 46,000 |
Clinton County New York | 1 | $ 240,000 | $ 240,000 | $ 75,000 |
Delaware County New York | 1 | $ 130,000 | $ 130,000 | $ 33,000 |
Essex County New York | 1 | $ 149,000 | $ 149,000 | $ 48,000 |
Genesee County New York | 1 | $ 134,000 | $ 134,000 | $ 46,000 |
Jefferson County New York | 1 | $ 88,000 | $ 88,000 | $ 40,000 |
Madison County New York | 1 | $ 60,000 | $ 60,000 | $ 52,000 |
Warren County New York | 1 | $ 134,000 | $ 134,000 | $ 125,000 |
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 New York,
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 | 1,891 | $433,470,000 | $213,000 | $1,916,000 | $90,666 | $701,000 |
Home Purchase | 129 | $29,440,000 | $228,800 | $1,000,000 | $116,200 | $480,000 |
Home Improvement | 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 | 1,039 | $229,991,000 | $217,666 | $1,916,000 | $99,333 | $701,000 |
Black or African American | 426 | $100,572,000 | $219,333 | $722,000 | $76,666 | $210,000 |
Hispanic | 318 | $75,360,000 | $246,000 | $875,000 | $82,600 | $360,000 |
Not Provided | 93 | $20,384,000 | $253,500 | $1,100,000 | $68,000 | $317,000 |
Asian | 61 | $16,284,000 | $176,333 | $756,000 | $75,666 | $180,000 |
Native Hawaiian or Other Pacific Islander | 59 | $15,006,000 | $254,000 | $531,000 | $84,000 | $232,000 |
American Indian or Alaskan Native | 24 | $5,313,000 | $160,250 | $495,000 | $59,000 | $162,000 |
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) | 1,973 | $451,812,000 | $215,500 | $1,916,000 | $93,833 | $701,000 |
FHA-insured (Federal Housing Administration) | 47 | $11,098,000 | $236,000 | $431,000 | $69,000 | $134,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
VA-guaranteed (Veterans Administration) | 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 | 1,206 | $275,260,000 | $214,500 | $1,916,000 | $80,000 | $701,000 |
Application Withdrawn By Applicant | 543 | $123,220,000 | $220,166 | $1,500,000 | $120,833 | $638,000 |
Application Denied By Financial Institution | 151 | $35,748,000 | $226,400 | $1,215,000 | $63,000 | $315,000 |
Application Approved But Not Accepted | 119 | $28,614,000 | $174,666 | $900,000 | $64,666 | $390,000 |
Loan Purchased By The Institution | 1 | $68,000 | $68,000 | $68,000 | $30,000 | $30,000 |
Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
File Closed For Incompleteness | 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 | 65 | $14,858,000 | $208,800 | $475,000 | $55,400 | $315,000 |
Collateral | 37 | $8,244,000 | $193,000 | $850,000 | $47,000 | $198,000 |
Other | 19 | $5,850,000 | $528,333 | $1,215,000 | $133,333 | $252,000 |
Debt-To-Income Ratio | 13 | $2,771,000 | $193,500 | $570,000 | $44,000 | $121,000 |
Employment History | 9 | $1,869,000 | $137,000 | $494,000 | $45,500 | $170,000 |
Insufficient Cash (Downpayment, Closing Cost) | 4 | $1,091,000 | $272,000 | $382,000 | $61,000 | $112,000 |
Unverifiable Information | 2 | $670,000 | $335,000 | $400,000 | $81,000 | $96,000 |
Credit Application Incomplete | 1 | $318,000 | $318,000 | $318,000 | $102,000 | $102,000 |
Mortgage Insurance Denied | 1 | $77,000 | $77,000 | $77,000 | $120,000 | $120,000 |
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 NY, 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 New York, and search similar information at your convenience.