Sovereign Bank
Mortgage Loan Application
Totals and Details
for 2003
Find mortgage loan statistics, lending data, and loan application totals for Pennsylvania.
The mortgage statistics and data below are specific to mortgage loan applications for Sovereign Bank.
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 | Sovereign Bank 1130 Berkshire Boulevard Wyomissing, PA 19610 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 | 83,650 |
| Total Mortgage Loan Application Amount | $11,462,504,000 |
| Average Mortgage Loan Application Amount | $123,724 |
| Highest Mortgage Loan Application Amount | $20,000,000 |
| Average Applicant Income | $36,978 |
| Highest Applicant Income | $5,767,000 |
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 PA, 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 |
|---|---|---|---|---|
| Custer County Oklahoma | 1 | $ 69,000 | $ 69,000 | $ 0 |
| Delaware County Oklahoma | 1 | $ 339,000 | $ 339,000 | $ 0 |
| Greer County Oklahoma | 1 | $ 30,000 | $ 30,000 | $ 0 |
| Haskell County Oklahoma | 1 | $ 22,000 | $ 22,000 | $ 0 |
| Kiowa County Oklahoma | 1 | $ 17,000 | $ 17,000 | $ 62,000 |
| Le Flore County Oklahoma | 1 | $ 28,000 | $ 28,000 | $ 0 |
| Lincoln County Oklahoma | 1 | $ 11,000 | $ 11,000 | $ 0 |
| Major County Oklahoma | 1 | $ 57,000 | $ 57,000 | $ 0 |
| Mayes County Oklahoma | 1 | $ 47,000 | $ 47,000 | $ 66,000 |
| Muskogee County Oklahoma | 1 | $ 30,000 | $ 30,000 | $ 0 |
| Okmulgee County Oklahoma | 1 | $ 104,000 | $ 104,000 | $ 0 |
| Osage County Oklahoma | 1 | $ 63,000 | $ 63,000 | $ 0 |
| Pawnee County Oklahoma | 1 | $ 101,000 | $ 101,000 | $ 0 |
| Pittsburg County Oklahoma | 1 | $ 30,000 | $ 30,000 | $ 0 |
| Sequoyah County Oklahoma | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Coos County Oregon | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Crook County Oregon | 1 | $ 34,000 | $ 34,000 | $ 0 |
| Hood River County Oregon | 1 | $ 31,000 | $ 31,000 | $ 0 |
| Jefferson County Oregon | 1 | $ 21,000 | $ 21,000 | $ 0 |
| Lincoln County Oregon | 1 | $ 135,000 | $ 135,000 | $ 0 |
| Umatilla County Oregon | 1 | $ 13,000 | $ 13,000 | $ 0 |
| Wheeler County Oregon | 1 | $ 14,000 | $ 14,000 | $ 0 |
| Mifflin County Pennsylvania | 1 | $ 90,000 | $ 90,000 | $ 18,000 |
| Warren County Pennsylvania | 1 | $ 12,000 | $ 12,000 | $ 0 |
| Bamberg County South Carolina | 1 | $ 68,000 | $ 68,000 | $ 0 |
| Barnwell County South Carolina | 1 | $ 30,000 | $ 30,000 | $ 0 |
| Chesterfield County South Carolina | 1 | $ 40,000 | $ 40,000 | $ 43,000 |
| Clarendon County South Carolina | 1 | $ 16,000 | $ 16,000 | $ 0 |
| Fairfield County South Carolina | 1 | $ 40,000 | $ 40,000 | $ 18,000 |
| Newberry County South Carolina | 1 | $ 26,000 | $ 26,000 | $ 0 |
| Sumter County South Carolina | 1 | $ 75,000 | $ 75,000 | $ 74,000 |
| Beadle County South Dakota | 1 | $ 32,000 | $ 32,000 | $ 0 |
| Brookings County South Dakota | 1 | $ 57,000 | $ 57,000 | $ 0 |
| Brown County South Dakota | 1 | $ 27,000 | $ 27,000 | $ 0 |
| Buffalo County South Dakota | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Codington County South Dakota | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Davison County South Dakota | 1 | $ 14,000 | $ 14,000 | $ 0 |
| Lincoln County South Dakota | 1 | $ 19,000 | $ 19,000 | $ 0 |
| Meade County South Dakota | 1 | $ 42,000 | $ 42,000 | $ 0 |
| Yankton County South Dakota | 1 | $ 46,000 | $ 46,000 | $ 0 |
| Benton County Tennessee | 1 | $ 53,000 | $ 53,000 | $ 0 |
| Campbell County Tennessee | 1 | $ 16,000 | $ 16,000 | $ 0 |
| Carter County Tennessee | 1 | $ 78,000 | $ 78,000 | $ 0 |
| Coffee County Tennessee | 1 | $ 76,000 | $ 76,000 | $ 0 |
| DeKalb County Tennessee | 1 | $ 16,000 | $ 16,000 | $ 0 |
| Dickson County Tennessee | 1 | $ 25,000 | $ 25,000 | $ 0 |
| Franklin County Tennessee | 1 | $ 23,000 | $ 23,000 | $ 0 |
| Giles County Tennessee | 1 | $ 10,000 | $ 10,000 | $ 0 |
| Henderson County Tennessee | 1 | $ 131,000 | $ 131,000 | $ 0 |
| Jefferson County Tennessee | 1 | $ 21,000 | $ 21,000 | $ 0 |
| Johnson County Tennessee | 1 | $ 12,000 | $ 12,000 | $ 0 |
| Loudon County Tennessee | 1 | $ 399,000 | $ 399,000 | $ 0 |
| McMinn County Tennessee | 1 | $ 122,000 | $ 122,000 | $ 0 |
| Meigs County Tennessee | 1 | $ 93,000 | $ 93,000 | $ 0 |
| Polk County Tennessee | 1 | $ 59,000 | $ 59,000 | $ 0 |
| Putnam County Tennessee | 1 | $ 30,000 | $ 30,000 | $ 0 |
| Rhea County Tennessee | 1 | $ 33,000 | $ 33,000 | $ 0 |
| Stewart County Tennessee | 1 | $ 10,000 | $ 10,000 | $ 0 |
| White County Tennessee | 1 | $ 399,000 | $ 399,000 | $ 0 |
| Anderson County Texas | 1 | $ 32,000 | $ 32,000 | $ 0 |
| Bosque County Texas | 1 | $ 15,000 | $ 15,000 | $ 0 |
| Brewster County Texas | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Burnet County Texas | 1 | $ 64,000 | $ 64,000 | $ 0 |
| Caldwell County Texas | 1 | $ 13,000 | $ 13,000 | $ 0 |
| Cass County Texas | 1 | $ 28,000 | $ 28,000 | $ 0 |
| Cherokee County Texas | 1 | $ 46,000 | $ 46,000 | $ 0 |
| Colorado County Texas | 1 | $ 15,000 | $ 15,000 | $ 0 |
| Cooke County Texas | 1 | $ 19,000 | $ 19,000 | $ 0 |
| Coryell County Texas | 1 | $ 10,000 | $ 10,000 | $ 0 |
| Delta County Texas | 1 | $ 20,000 | $ 20,000 | $ 0 |
| Ector County Texas | 1 | $ 508,000 | $ 508,000 | $ 0 |
| Erath County Texas | 1 | $ 20,000 | $ 20,000 | $ 0 |
| Fayette County Texas | 1 | $ 12,000 | $ 12,000 | $ 0 |
| Hardin County Texas | 1 | $ 33,000 | $ 33,000 | $ 0 |
| Houston County Texas | 1 | $ 16,000 | $ 16,000 | $ 0 |
| Howard County Texas | 1 | $ 16,000 | $ 16,000 | $ 0 |
| Hutchinson County Texas | 1 | $ 10,000 | $ 10,000 | $ 0 |
| Jackson County Texas | 1 | $ 19,000 | $ 19,000 | $ 0 |
| Jasper County Texas | 1 | $ 13,000 | $ 13,000 | $ 0 |
| Lamar County Texas | 1 | $ 28,000 | $ 28,000 | $ 0 |
| Madison County Texas | 1 | $ 36,000 | $ 36,000 | $ 0 |
| McLennan County Texas | 1 | $ 479,000 | $ 479,000 | $ 0 |
| Navarro County Texas | 1 | $ 12,000 | $ 12,000 | $ 0 |
| Palo Pinto County Texas | 1 | $ 13,000 | $ 13,000 | $ 0 |
| Pecos County Texas | 1 | $ 13,000 | $ 13,000 | $ 0 |
| Polk County Texas | 1 | $ 13,000 | $ 13,000 | $ 0 |
| San Patricio County Texas | 1 | $ 25,000 | $ 25,000 | $ 0 |
| Taylor County Texas | 1 | $ 110,000 | $ 110,000 | $ 0 |
| Titus County Texas | 1 | $ 52,000 | $ 52,000 | $ 0 |
| Tom Green County Texas | 1 | $ 16,000 | $ 16,000 | $ 0 |
| Upshur County Texas | 1 | $ 15,000 | $ 15,000 | $ 0 |
| Van Zandt County Texas | 1 | $ 22,000 | $ 22,000 | $ 0 |
| Waller County Texas | 1 | $ 559,000 | $ 559,000 | $ 0 |
| Wise County Texas | 1 | $ 118,000 | $ 118,000 | $ 0 |
| Wood County Texas | 1 | $ 108,000 | $ 108,000 | $ 0 |
| Grand County Utah | 1 | $ 21,000 | $ 21,000 | $ 0 |
| San Juan County Utah | 1 | $ 14,000 | $ 14,000 | $ 0 |
| Sevier County Utah | 1 | $ 44,000 | $ 44,000 | $ 0 |
| Orange County Vermont | 1 | $ 140,000 | $ 140,000 | $ 140,000 |
| Accomack County Virginia | 1 | $ 100,000 | $ 100,000 | $ 33,000 |
| Amelia County Virginia | 1 | $ 84,000 | $ 84,000 | $ 0 |
| Amherst County Virginia | 1 | $ 61,000 | $ 61,000 | $ 0 |
| Bristol County Virginia | 1 | $ 52,000 | $ 52,000 | $ 0 |
| Carroll County Virginia | 1 | $ 57,000 | $ 57,000 | $ 0 |
| Clarke County Virginia | 1 | $ 26,000 | $ 26,000 | $ 0 |
| Cumberland County Virginia | 1 | $ 78,000 | $ 78,000 | $ 0 |
| Floyd County Virginia | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Fredericksburg County Virginia | 1 | $ 91,000 | $ 91,000 | $ 0 |
| Greene County Virginia | 1 | $ 28,000 | $ 28,000 | $ 0 |
| Northampton County Virginia | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Nottoway County Virginia | 1 | $ 81,000 | $ 81,000 | $ 0 |
| Petersburg County Virginia | 1 | $ 18,000 | $ 18,000 | $ 0 |
| Prince Edward County Virginia | 1 | $ 104,000 | $ 104,000 | $ 0 |
| Radford County Virginia | 1 | $ 34,000 | $ 34,000 | $ 0 |
| Surry County Virginia | 1 | $ 39,000 | $ 39,000 | $ 0 |
| Tazewell County Virginia | 1 | $ 20,000 | $ 20,000 | $ 0 |
| Waynesboro County Virginia | 1 | $ 115,000 | $ 115,000 | $ 71,000 |
| Winchester County Virginia | 1 | $ 99,000 | $ 99,000 | $ 0 |
| Grant County Washington | 1 | $ 73,000 | $ 73,000 | $ 0 |
| Jefferson County Washington | 1 | $ 36,000 | $ 36,000 | $ 0 |
| San Juan County Washington | 1 | $ 28,000 | $ 28,000 | $ 0 |
| Marshall County West Virginia | 1 | $ 57,000 | $ 57,000 | $ 0 |
| Mercer County West Virginia | 1 | $ 96,000 | $ 96,000 | $ 0 |
| Monongalia County West Virginia | 1 | $ 10,000 | $ 10,000 | $ 0 |
| Wayne County West Virginia | 1 | $ 71,000 | $ 71,000 | $ 0 |
| Wetzel County West Virginia | 1 | $ 15,000 | $ 15,000 | $ 0 |
| Wood County West Virginia | 1 | $ 36,000 | $ 36,000 | $ 0 |
| Barron County Wisconsin | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Crawford County Wisconsin | 1 | $ 67,000 | $ 67,000 | $ 0 |
| Door County Wisconsin | 1 | $ 30,000 | $ 30,000 | $ 0 |
| Douglas County Wisconsin | 1 | $ 129,000 | $ 129,000 | $ 0 |
| Forest County Wisconsin | 1 | $ 41,000 | $ 41,000 | $ 0 |
| Iron County Wisconsin | 1 | $ 57,000 | $ 57,000 | $ 0 |
| Jackson County Wisconsin | 1 | $ 66,000 | $ 66,000 | $ 0 |
| Juneau County Wisconsin | 1 | $ 15,000 | $ 15,000 | $ 0 |
| Kewaunee County Wisconsin | 1 | $ 18,000 | $ 18,000 | $ 0 |
| Marinette County Wisconsin | 1 | $ 28,000 | $ 28,000 | $ 0 |
| Marquette County Wisconsin | 1 | $ 49,000 | $ 49,000 | $ 0 |
| Oconto County Wisconsin | 1 | $ 27,000 | $ 27,000 | $ 0 |
| Oneida County Wisconsin | 1 | $ 17,000 | $ 17,000 | $ 0 |
| Richland County Wisconsin | 1 | $ 25,000 | $ 25,000 | $ 0 |
| Goshen County Wyoming | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Lincoln County Wyoming | 1 | $ 36,000 | $ 36,000 | $ 0 |
| Niobrara County Wyoming | 1 | $ 30,000 | $ 30,000 | $ 0 |
| Teton County Wyoming | 1 | $ 728,000 | $ 728,000 | $ 0 |
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 Pennsylvania,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Sovereign Bank in 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 (home purchase or home improvement, one-to-four family) | 54,972 | $8,047,314,000 | $124,040 | $7,800,000 | $30,918 | $5,767,000 |
| Home Purchase (one-to-four family) | 25,814 | $3,167,159,000 | $90,750 | $4,444,000 | $14,520 | $1,357,000 |
| Home Improvement (one-to-four family) | 2,689 | $134,562,000 | $79,285 | $800,000 | $82,600 | $1,560,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 175 | $113,469,000 | $644,166 | $20,000,000 | $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 | 40,411 | $5,772,617,000 | $108,777 | $7,800,000 | $73,977 | $5,767,000 |
| Not applicable | 32,484 | $4,273,599,000 | $109,040 | $20,000,000 | $0 | $46,000 |
| Information not provided by applicant in mail or telephone application | 3,659 | $469,586,000 | $97,525 | $1,575,000 | $72,675 | $1,560,000 |
| Black | 2,440 | $282,494,000 | $110,826 | $650,000 | $62,130 | $456,000 |
| Hispanic | 2,248 | $308,278,000 | $130,090 | $990,000 | $44,409 | $1,432,000 |
| Asian or Pacific Islander | 1,772 | $267,777,000 | $179,653 | $1,138,000 | $52,884 | $550,000 |
| Other | 522 | $75,045,000 | $137,187 | $720,000 | $73,437 | $720,000 |
| American Indian or Alaskan Native | 114 | $13,108,000 | $115,090 | $412,000 | $68,272 | $408,000 |
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) | 82,827 | $11,353,460,000 | $109,714 | $20,000,000 | $27,653 | $5,767,000 |
| FHA-insured (Federal Housing Administration) | 772 | $101,804,000 | $157,444 | $467,000 | $61,000 | $260,000 |
| VA-guaranteed (Veterans Administration) | 51 | $7,240,000 | $166,857 | $245,000 | $63,142 | $100,000 |
| 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 | 39,635 | $5,704,603,000 | $117,076 | $20,000,000 | $77,820 | $3,800,000 |
| Loan Purchased By The Institution | 32,329 | $4,172,388,000 | $104,469 | $1,307,000 | $0 | $0 |
| Application Denied By Financial Institution | 5,031 | $580,326,000 | $100,227 | $4,000,000 | $70,000 | $1,451,000 |
| Application Approved But Not Accepted | 4,973 | $700,169,000 | $107,763 | $1,750,000 | $60,131 | $2,808,000 |
| Application Withdrawn By Applicant | 1,659 | $301,443,000 | $175,315 | $7,800,000 | $55,263 | $5,767,000 |
| File Closed For Incompleteness | 23 | $3,575,000 | $168,000 | $350,000 | $14,900 | $101,000 |
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 | 1,960 | $191,311,000 | $89,393 | $4,000,000 | $57,787 | $1,200,000 |
| Debt-To-Income Ratio | 1,172 | $139,579,000 | $126,285 | $4,000,000 | $59,821 | $555,000 |
| Collateral | 882 | $105,860,000 | $100,200 | $647,000 | $81,457 | $1,451,000 |
| Other | 728 | $96,129,000 | $115,272 | $1,765,000 | $74,909 | $1,000,000 |
| Credit Application Incomplete | 132 | $25,431,000 | $165,500 | $625,000 | $62,416 | $150,000 |
| Unverifiable Information | 86 | $13,096,000 | $138,700 | $1,300,000 | $55,500 | $200,000 |
| Employment History | 47 | $6,488,000 | $130,181 | $467,000 | $26,090 | $160,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 12 | $1,572,000 | $155,500 | $368,000 | $42,750 | $146,000 |
| Mortgage Insurance Denied | 12 | $860,000 | $68,400 | $285,000 | $65,800 | $296,000 |
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 PA, 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 Pennsylvania, and search similar information at your convenience.