Somerville Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Somerville 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 | Somerville Bank 197 North South Main Street Eaton, OH 45064 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 |
| Total Number of Mortgage Applications | 428 |
| Total Mortgage Loan Application Amount | $84,800,000 |
| Average Mortgage Loan Application Amount | $190,333 |
| Highest Mortgage Loan Application Amount | $645,000 |
| Average Applicant Income | $118,666 |
| Highest Applicant Income | $1,120,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 with Somerville 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 Somerville Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2020 breaks down Somerville 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 Somerville Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Somerville 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 Somerville 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 |
|---|---|---|---|---|
| Butler County Ohio | 123 | $ 26,015,000 | $ 211,000 | $ 143,000 |
| Preble County Ohio | 109 | $ 14,485,000 | $ 132,000 | $ 85,000 |
| Hamilton County Ohio | 37 | $ 8,335,000 | $ 225,000 | $ 168,000 |
| Warren County Ohio | 23 | $ 6,475,000 | $ 281,000 | $ 153,000 |
| Wayne County Indiana | 22 | $ 2,240,000 | $ 101,000 | $ 60,000 |
| Clermont County Ohio | 11 | $ 3,015,000 | $ 274,000 | $ 156,000 |
| Franklin County Indiana | 10 | $ 1,590,000 | $ 159,000 | $ 88,000 |
| Montgomery County Ohio | 10 | $ 1,640,000 | $ 164,000 | $ 96,000 |
| Union County Indiana | 9 | $ 1,435,000 | $ 159,000 | $ 85,000 |
| Franklin County Ohio | 6 | $ 1,550,000 | $ 258,000 | $ 141,000 |
| Elkhart County Indiana | 4 | $ 1,140,000 | $ 285,000 | $ 249,000 |
| Pinellas County Florida | 3 | $ 515,000 | $ 171,000 | $ 234,000 |
| Boulder County Colorado | 2 | $ 810,000 | $ 405,000 | $ 356,000 |
| Lee County Florida | 2 | $ 710,000 | $ 355,000 | $ 244,000 |
| Dearborn County Indiana | 2 | $ 750,000 | $ 375,000 | $ 94,000 |
| Henry County Indiana | 2 | $ 290,000 | $ 145,000 | $ 81,000 |
| Randolph County Indiana | 2 | $ 150,000 | $ 75,000 | $ 73,000 |
| St. Joseph County Indiana | 2 | $ 530,000 | $ 265,000 | $ 178,000 |
| Cass County Michigan | 2 | $ 440,000 | $ 220,000 | $ 128,000 |
| Clinton County Ohio | 2 | $ 350,000 | $ 175,000 | $ 89,000 |
| Greene County Ohio | 2 | $ 450,000 | $ 225,000 | $ 116,000 |
| Lake County Ohio | 2 | $ 700,000 | $ 350,000 | $ 145,000 |
| Lorain County Ohio | 2 | $ 380,000 | $ 190,000 | $ 169,000 |
| Loudon County Tennessee | 2 | $ 290,000 | $ 145,000 | $ 92,000 |
| New London County Connecticut | 1 | $ 355,000 | $ 355,000 | $ 186,000 |
| Collier County Florida | 1 | $ 515,000 | $ 515,000 | $ 265,000 |
| Cobb County Georgia | 1 | $ 275,000 | $ 275,000 | $ 92,000 |
| Greene County Georgia | 1 | $ 375,000 | $ 375,000 | $ 343,000 |
| Delaware County Indiana | 1 | $ 115,000 | $ 115,000 | $ 66,000 |
| Fayette County Indiana | 1 | $ 115,000 | $ 115,000 | $ 35,000 |
| Hamilton County Indiana | 1 | $ 405,000 | $ 405,000 | $ 236,000 |
| Hancock County Indiana | 1 | $ 165,000 | $ 165,000 | $ 94,000 |
| Hendricks County Indiana | 1 | $ 225,000 | $ 225,000 | $ 114,000 |
| Madison County Indiana | 1 | $ 75,000 | $ 75,000 | $ 43,000 |
| Vigo County Indiana | 1 | $ 105,000 | $ 105,000 | $ 37,000 |
| Whitley County Indiana | 1 | $ 95,000 | $ 95,000 | $ 280,000 |
| Boone County Kentucky | 1 | $ 205,000 | $ 205,000 | $ 122,000 |
| Campbell County Kentucky | 1 | $ 125,000 | $ 125,000 | $ 43,000 |
| Jefferson County Kentucky | 1 | $ 485,000 | $ 485,000 | $ 250,000 |
| Jessamine County Kentucky | 1 | $ 445,000 | $ 445,000 | $ 518,000 |
| Woodford County Kentucky | 1 | $ 205,000 | $ 205,000 | $ 41,000 |
| Middlesex County Massachusetts | 1 | $ 645,000 | $ 645,000 | $ 391,000 |
| Berrien County Michigan | 1 | $ 75,000 | $ 75,000 | $ 53,000 |
| Chippewa County Michigan | 1 | $ 65,000 | $ 65,000 | $ 166,000 |
| Oakland County Michigan | 1 | $ 175,000 | $ 175,000 | $ 73,000 |
| Hennepin County Minnesota | 1 | $ 515,000 | $ 515,000 | $ 349,000 |
| Monmouth County New Jersey | 1 | $ 265,000 | $ 265,000 | $ 362,000 |
| Clark County Ohio | 1 | $ 365,000 | $ 365,000 | $ 150,000 |
| Cuyahoga County Ohio | 1 | $ 135,000 | $ 135,000 | $ 62,000 |
| Darke County Ohio | 1 | $ 235,000 | $ 235,000 | $ 77,000 |
| Licking County Ohio | 1 | $ 445,000 | $ 445,000 | $ 239,000 |
| Deschutes County Oregon | 1 | $ 345,000 | $ 345,000 | $ 154,000 |
| Beaver County Pennsylvania | 1 | $ 315,000 | $ 315,000 | $ 96,000 |
| Columbia County Pennsylvania | 1 | $ 235,000 | $ 235,000 | $ 121,000 |
| Westmoreland County Pennsylvania | 1 | $ 405,000 | $ 405,000 | $ 135,000 |
| Berkeley County South Carolina | 1 | $ 325,000 | $ 325,000 | $ 91,000 |
| Charleston County South Carolina | 1 | $ 405,000 | $ 405,000 | $ 184,000 |
| Dorchester County South Carolina | 1 | $ 275,000 | $ 275,000 | $ 168,000 |
| Lexington County South Carolina | 1 | $ 365,000 | $ 365,000 | $ 160,000 |
| Williamson County Tennessee | 1 | $ 455,000 | $ 455,000 | $ 190,000 |
| Harrison County West Virginia | 1 | $ 185,000 | $ 185,000 | $ 44,000 |
Mortgage Loan Application Detail Totals for Somerville 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 |
|---|---|---|---|---|---|---|
| Refinancing | 225 | $48,475,000 | $215,000 | $645,000 | $144,000 | $1,120,000 |
| Cash-out Refinancing | 110 | $20,170,000 | $183,000 | $495,000 | $125,000 | $797,000 |
| Home Purchase | 93 | $16,155,000 | $173,000 | $595,000 | $87,000 | $365,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 390 | $75,350,000 | $193,000 | $645,000 | $127,000 | $1,120,000 |
| Asian | 17 | $4,585,000 | $269,000 | $425,000 | $109,000 | $263,000 |
| Not Provided | 14 | $3,790,000 | $270,000 | $645,000 | $162,000 | $391,000 |
| Hispanic | 5 | $705,000 | $141,000 | $235,000 | $79,000 | $140,000 |
| Black or African American | 2 | $370,000 | $185,000 | $225,000 | $157,000 | $237,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 417 | $83,445,000 | $200,000 | $645,000 | $129,000 | $1,120,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 5 | $505,000 | $101,000 | $135,000 | $41,000 | $60,000 |
| VA-guaranteed (Veterans Administration) | 3 | $605,000 | $201,000 | $275,000 | $112,000 | $168,000 |
| FHA-insured (Federal Housing Administration) | 3 | $245,000 | $81,000 | $105,000 | $33,000 | $40,000 |
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 | 382 | $75,570,000 | $197,000 | $645,000 | $129,000 | $1,120,000 |
| Application Denied By Financial Institution | 20 | $3,240,000 | $162,000 | $435,000 | $89,000 | $365,000 |
| Application Withdrawn By Applicant | 14 | $3,580,000 | $255,000 | $515,000 | $131,000 | $250,000 |
| Application Approved But Not Accepted | 12 | $2,410,000 | $200,000 | $515,000 | $108,000 | $349,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 408 | $81,560,000 | $199,000 | $645,000 | $129,000 | $1,120,000 |
| Credit History | 8 | $910,000 | $113,000 | $235,000 | $49,000 | $94,000 |
| Debt-To-Income Ratio | 4 | $610,000 | $152,000 | $255,000 | $47,000 | $74,000 |
| Other | 4 | $820,000 | $205,000 | $275,000 | $186,000 | $365,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $610,000 | $305,000 | $435,000 | $149,000 | $236,000 |
| Collateral | 1 | $85,000 | $85,000 | $85,000 | $77,000 | $77,000 |
| Credit Application Incomplete | 1 | $205,000 | $205,000 | $205,000 | $75,000 | $75,000 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Somerville 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 Somerville 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 Ohio, download the full spreadsheet
with aggregated HMDA statistics today.