Sovereign Bank Mortgage Lending & HMDA Data, 2006

In 2006, Sovereign Bank of Wyomissing, PA reported 85,886 mortgage applications totaling $15.1 billion, down 21% from 2005. The average application was for $176,359, and applicants reported an average income of $55,643. 47% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Philadelphia, PA (6,534), Edison, NJ (4,637) and Providence-New Bedford-Fall River, RI-MA (4,184) (applications in parentheses).

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 85,886
Total Mortgage Loan Application Amount $15,146,824,000
Average Mortgage Loan Application Amount $176,359
Highest Mortgage Loan Application Amount $99,999,000
Average Applicant Income $55,643
Highest Applicant Income $7,843,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Sovereign Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Sovereign Bank by County in 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Philadelphia, Pennsylvania 2,751 $ 360,247,000 $ 130,951 $ 50,000
Middlesex, Massachusetts 2,066 $ 335,550,000 $ 162,415 $ 88,000
Monmouth, New Jersey 1,832 $ 269,243,000 $ 146,966 $ 93,000
Berks, Pennsylvania 1,832 $ 207,828,000 $ 113,443 $ 58,000
Bristol, Massachusetts 1,666 $ 223,181,000 $ 133,962 $ 71,000
Cook, Illinois 1,664 $ 441,479,000 $ 265,311 $ 68,000
Providence, Rhode Island 1,563 $ 196,383,000 $ 125,644 $ 71,000
Ocean, New Jersey 1,449 $ 206,176,000 $ 142,288 $ 67,000
Hartford, Connecticut 1,398 $ 194,609,000 $ 139,205 $ 73,000
Essex, Massachusetts 1,326 $ 186,387,000 $ 140,563 $ 89,000
Worcester, Massachusetts 1,317 $ 188,758,000 $ 143,324 $ 74,000
Lancaster, Pennsylvania 1,283 $ 142,012,000 $ 110,687 $ 71,000
York, Pennsylvania 1,246 $ 119,247,000 $ 95,703 $ 65,000
Plymouth, Massachusetts 1,239 $ 191,455,000 $ 154,523 $ 86,000
Suffolk, Massachusetts 1,170 $ 191,082,000 $ 163,317 $ 78,000
Montgomery, Pennsylvania 1,150 $ 225,658,000 $ 196,224 $ 93,000
Middlesex, New Jersey 1,134 $ 173,293,000 $ 152,815 $ 75,000
Delaware, Pennsylvania 1,095 $ 151,696,000 $ 138,535 $ 86,000
Norfolk, Massachusetts 1,081 $ 204,348,000 $ 189,036 $ 96,000
Los Angeles, California 985 $ 274,065,000 $ 278,238 $ 11,000
Barnstable, Massachusetts 941 $ 233,440,000 $ 248,076 $ 82,000
Bucks, Pennsylvania 892 $ 201,079,000 $ 225,424 $ 96,000
Union, New Jersey 776 $ 142,033,000 $ 183,032 $ 77,000
Contra Costa, California 679 $ 280,702,000 $ 413,405 $ 53,000
Richmond, New York 675 $ 98,059,000 $ 145,272 $ 86,000
Chester, Pennsylvania 646 $ 122,663,000 $ 189,880 $ 93,000
Essex, New Jersey 603 $ 113,220,000 $ 187,761 $ 86,000
Maricopa, Arizona 591 $ 92,775,000 $ 156,979 $ 6,000
Cumberland, Pennsylvania 589 $ 64,767,000 $ 109,960 $ 73,000
Schuylkill, Pennsylvania 576 $ 42,084,000 $ 73,062 $ 56,000
Mercer, New Jersey 566 $ 61,042,000 $ 107,848 $ 79,000
Clark, Nevada 542 $ 73,841,000 $ 136,238 $ 1,000
New Haven, Connecticut 524 $ 94,100,000 $ 179,580 $ 63,000
Dauphin, Pennsylvania 506 $ 62,425,000 $ 123,369 $ 75,000
DuPage, Illinois 493 $ 107,199,000 $ 217,442 $ 73,000
Wake, North Carolina 488 $ 88,295,000 $ 180,932 $ 61,000
Lycoming, Pennsylvania 475 $ 31,187,000 $ 65,656 $ 76,000
Lehigh, Pennsylvania 466 $ 57,556,000 $ 123,510 $ 68,000
Northampton, Pennsylvania 465 $ 50,285,000 $ 108,139 $ 68,000
Kent, Rhode Island 457 $ 61,099,000 $ 133,695 $ 76,000
Rockingham, New Hampshire 446 $ 58,682,000 $ 131,573 $ 93,000
Will, Illinois 434 $ 82,554,000 $ 190,216 $ 67,000
Morris, New Jersey 434 $ 77,461,000 $ 178,481 $ 85,000
Alameda, California 415 $ 156,242,000 $ 376,486 $ 42,000
Riverside, California 415 $ 86,453,000 $ 208,320 $ 3,000
Miami-Dade, Florida 398 $ 224,248,000 $ 563,437 $ 7,000
Hillsborough, New Hampshire 393 $ 55,435,000 $ 141,055 $ 80,000
King, Washington 382 $ 63,005,000 $ 164,934 $ 18,000
Kings, New York 379 $ 182,625,000 $ 481,860 $ 53,000
Camden, New Jersey 374 $ 44,275,000 $ 118,382 $ 53,000
Lebanon, Pennsylvania 371 $ 36,852,000 $ 99,331 $ 58,000
New Castle, Delaware 369 $ 77,270,000 $ 209,403 $ 71,000
Orange, Florida 366 $ 67,926,000 $ 185,590 $ 22,000
Burlington, New Jersey 363 $ 56,353,000 $ 155,242 $ 90,000
Broward, Florida 361 $ 98,866,000 $ 273,867 $ 21,000
Oakland, Michigan 345 $ 52,974,000 $ 153,547 $ 61,000
San Bernardino, California 335 $ 54,538,000 $ 162,800 $ 6,000
Mecklenburg, North Carolina 335 $ 56,846,000 $ 169,689 $ 35,000
Fairfield, Connecticut 332 $ 91,703,000 $ 276,213 $ 72,000
Kern, California 327 $ 36,617,000 $ 111,978 $ 2,000
Lake, Indiana 324 $ 43,899,000 $ 135,490 $ 56,000
Saratoga, New York 322 $ 56,653,000 $ 175,940 $ 75,000
San Diego, California 321 $ 89,918,000 $ 280,118 $ 7,000
Bergen, New Jersey 318 $ 82,285,000 $ 258,757 $ 68,000
Nantucket, Massachusetts 307 $ 170,635,000 $ 555,814 $ 282,000
St. Louis, Missouri 304 $ 63,437,000 $ 208,674 $ 59,000
Albany, New York 297 $ 47,301,000 $ 159,262 $ 73,000
Marion, Indiana 296 $ 51,002,000 $ 172,304 $ 55,000
Queens, New York 294 $ 120,771,000 $ 410,785 $ 55,000
Santa Clara, California 292 $ 94,873,000 $ 324,907 $ 19,000
Sacramento, California 291 $ 42,571,000 $ 146,292 $ 9,000
Hampden, Massachusetts 287 $ 34,678,000 $ 120,829 $ 58,000
Hudson, New Jersey 278 $ 197,414,000 $ 710,122 $ 57,000
Wayne, Michigan 268 $ 26,529,000 $ 98,988 $ 24,000
Atlantic, New Jersey 266 $ 55,926,000 $ 210,248 $ 64,000
Vanderburgh, Indiana 264 $ 30,865,000 $ 116,912 $ 66,000
Lake, Illinois 250 $ 57,401,000 $ 229,604 $ 77,000
Allen, Indiana 248 $ 25,167,000 $ 101,479 $ 50,000
Jefferson, Missouri 248 $ 33,462,000 $ 134,927 $ 53,000
Kane, Illinois 246 $ 49,842,000 $ 202,609 $ 75,000
Ventura, California 244 $ 48,146,000 $ 197,319 $ 7,000
Suffolk, New York 243 $ 71,269,000 $ 293,288 $ 55,000
Sussex, New Jersey 237 $ 30,328,000 $ 127,966 $ 75,000
Hillsborough, Florida 228 $ 43,121,000 $ 189,127 $ 7,000
Snohomish, Washington 228 $ 25,435,000 $ 111,557 $ 8,000
Orange, California 227 $ 79,359,000 $ 349,599 $ 13,000
Palm Beach, Florida 227 $ 78,129,000 $ 344,180 $ 30,000
Allegheny, Pennsylvania 227 $ 20,018,000 $ 88,185 $ 47,000
Hamilton, Indiana 223 $ 36,019,000 $ 161,520 $ 73,000
Somerset, New Jersey 222 $ 59,542,000 $ 268,207 $ 91,000
Washington, Rhode Island 222 $ 41,984,000 $ 189,117 $ 102,000
Pierce, Washington 213 $ 18,386,000 $ 86,319 $ 1,000
Denver, Colorado 212 $ 18,782,000 $ 88,594 $ 12,000
Arapahoe, Colorado 211 $ 17,075,000 $ 80,924 $ 8,000
Multnomah, Oregon 200 $ 20,572,000 $ 102,860 $ 0
Cape May, New Jersey 199 $ 72,766,000 $ 365,658 $ 195,000
Salt Lake, Utah 199 $ 16,564,000 $ 83,236 $ 3,000
Adams, Colorado 197 $ 13,659,000 $ 69,335 $ 3,000
Lee, Florida 195 $ 49,189,000 $ 252,251 $ 65,000
Hamilton, Ohio 194 $ 29,285,000 $ 150,953 $ 26,000
Luzerne, Pennsylvania 188 $ 21,395,000 $ 113,803 $ 62,000
Pinellas, Florida 182 $ 49,692,000 $ 273,032 $ 14,000
McHenry, Illinois 181 $ 37,281,000 $ 205,972 $ 64,000
San Joaquin, California 179 $ 33,552,000 $ 187,441 $ 14,000
Ada, Idaho 179 $ 11,447,000 $ 63,949 $ 2,000
St. Charles, Missouri 176 $ 25,519,000 $ 144,994 $ 54,000
Passaic, New Jersey 176 $ 38,294,000 $ 217,579 $ 65,000
Johnson, Kansas 175 $ 24,006,000 $ 137,177 $ 50,000
Fulton, Georgia 174 $ 23,879,000 $ 137,235 $ 21,000
Fresno, California 169 $ 20,697,000 $ 122,467 $ 14,000
Gloucester, New Jersey 169 $ 23,848,000 $ 141,112 $ 95,000
Centre, Pennsylvania 168 $ 20,443,000 $ 121,684 $ 75,000
Monroe, Indiana 163 $ 23,911,000 $ 146,693 $ 62,000
Prince George's, Maryland 163 $ 116,701,000 $ 715,957 $ 33,000
Nassau, New York 159 $ 54,581,000 $ 343,276 $ 72,000
Seminole, Florida 158 $ 30,123,000 $ 190,651 $ 22,000
Clinton, Pennsylvania 157 $ 8,742,000 $ 55,681 $ 58,000
Jefferson, Colorado 156 $ 18,221,000 $ 116,801 $ 22,000
Volusia, Florida 156 $ 31,334,000 $ 200,858 $ 17,000
Tolland, Connecticut 154 $ 27,695,000 $ 179,837 $ 80,000
Rensselaer, New York 154 $ 22,176,000 $ 144,000 $ 70,000
Middlesex, Connecticut 152 $ 27,069,000 $ 178,085 $ 81,000
Cuyahoga, Ohio 150 $ 12,050,000 $ 80,333 $ 15,000
El Paso, Colorado 148 $ 9,785,000 $ 66,114 $ 3,000
Northumberland, Pennsylvania 148 $ 9,307,000 $ 62,885 $ 56,000
Jackson, Missouri 146 $ 15,862,000 $ 108,643 $ 40,000
Newport, Rhode Island 146 $ 25,443,000 $ 174,267 $ 86,000
Gwinnett, Georgia 144 $ 15,654,000 $ 108,708 $ 5,000
Macomb, Michigan 144 $ 13,613,000 $ 94,534 $ 28,000
Brevard, Florida 143 $ 35,594,000 $ 248,909 $ 24,000
Franklin, Ohio 141 $ 26,834,000 $ 190,312 $ 14,000
Canyon, Idaho 140 $ 6,035,000 $ 43,107 $ 0
Duval, Florida 139 $ 28,199,000 $ 202,870 $ 14,000
Polk, Florida 137 $ 21,604,000 $ 157,693 $ 9,000
Fairfax, Virginia 137 $ 41,758,000 $ 304,802 $ 58,000
Clark, Washington 136 $ 11,969,000 $ 88,007 $ 2,000
Washington, Oregon 135 $ 11,674,000 $ 86,474 $ 0
Baltimore, Maryland 134 $ 150,501,000 $ 1,123,141 $ 27,000
Washington, Maryland 133 $ 15,752,000 $ 118,436 $ 59,000
New York, New York 132 $ 437,819,000 $ 3,316,810 $ 49,000
Bristol, Rhode Island 130 $ 18,417,000 $ 141,669 $ 79,000
Milwaukee, Wisconsin 130 $ 24,735,000 $ 190,269 $ 12,000
Davidson, Tennessee 127 $ 23,918,000 $ 188,330 $ 1,000
Madison, Alabama 125 $ 17,266,000 $ 138,128 $ 66,000
Baltimore City, Maryland 125 $ 62,929,000 $ 503,432 $ 14,000
Stanislaus, California 122 $ 19,750,000 $ 161,885 $ 19,000
Douglas, Colorado 122 $ 17,490,000 $ 143,360 $ 20,000
Litchfield, Connecticut 122 $ 19,636,000 $ 160,950 $ 74,000
Montgomery, Maryland 121 $ 65,484,000 $ 541,190 $ 72,000
Dukes, Massachusetts 121 $ 41,360,000 $ 341,818 $ 169,000
Franklin, Pennsylvania 121 $ 15,620,000 $ 129,090 $ 57,000
Schenectady, New York 120 $ 16,329,000 $ 136,075 $ 62,000
Harris, Texas 117 $ 14,939,000 $ 127,683 $ 4,000
Fulton, New York 115 $ 12,905,000 $ 112,217 $ 62,000
Westchester, New York 115 $ 43,692,000 $ 379,930 $ 56,000
Tarrant, Texas 114 $ 9,767,000 $ 85,675 $ 0
District of Columbia, District Of Columbia 112 $ 40,059,000 $ 357,669 $ 51,000
Cobb, Georgia 112 $ 13,182,000 $ 117,696 $ 11,000
Guilford, North Carolina 112 $ 13,153,000 $ 117,437 $ 41,000
Anne Arundel, Maryland 111 $ 35,070,000 $ 315,945 $ 47,000
Bronx, New York 110 $ 97,322,000 $ 884,745 $ 19,000
Durham, North Carolina 110 $ 15,318,000 $ 139,254 $ 44,000
Chittenden, Vermont 110 $ 19,060,000 $ 173,272 $ 67,000
Collier, Florida 109 $ 35,748,000 $ 327,963 $ 56,000
Warrick, Indiana 109 $ 14,631,000 $ 134,229 $ 67,000
Solano, California 108 $ 25,470,000 $ 235,833 $ 32,000
DeKalb, Georgia 106 $ 13,278,000 $ 125,264 $ 13,000
Pinal, Arizona 105 $ 13,409,000 $ 127,704 $ 2,000
Osceola, Florida 104 $ 18,137,000 $ 174,394 $ 11,000
Sedgwick, Kansas 104 $ 6,286,000 $ 60,442 $ 20,000
Clackamas, Oregon 102 $ 12,313,000 $ 120,715 $ 2,000
Shelby, Tennessee 102 $ 5,987,000 $ 58,696 $ 3,000
San Mateo, California 99 $ 45,553,000 $ 460,131 $ 36,000
Porter, Indiana 98 $ 15,791,000 $ 161,132 $ 54,000
Lake, Florida 97 $ 16,368,000 $ 168,742 $ 11,000
Adams, Pennsylvania 97 $ 10,978,000 $ 113,175 $ 64,000
Montgomery, Alabama 96 $ 14,365,000 $ 149,635 $ 89,000
New London, Connecticut 95 $ 18,331,000 $ 192,957 $ 85,000
Monroe, Pennsylvania 95 $ 11,048,000 $ 116,294 $ 65,000
Washoe, Nevada 94 $ 14,864,000 $ 158,127 $ 10,000
Butler, Ohio 94 $ 8,907,000 $ 94,755 $ 22,000
Horry, South Carolina 90 $ 10,834,000 $ 120,377 $ 10,000
Hennepin, Minnesota 89 $ 14,169,000 $ 159,202 $ 18,000
St. Joseph, Indiana 88 $ 8,054,000 $ 91,522 $ 42,000
Pasco, Florida 87 $ 12,516,000 $ 143,862 $ 5,000
Warren, New York 87 $ 12,009,000 $ 138,034 $ 61,000
Union, Pennsylvania 87 $ 7,405,000 $ 85,114 $ 59,000
Weld, Colorado 85 $ 5,621,000 $ 66,129 $ 4,000
Hunterdon, New Jersey 84 $ 18,994,000 $ 226,119 $ 66,000
Spokane, Washington 84 $ 4,128,000 $ 49,142 $ 0
St. Lucie, Florida 83 $ 14,198,000 $ 171,060 $ 7,000
Placer, California 82 $ 23,357,000 $ 284,841 $ 17,000
Harford, Maryland 82 $ 20,902,000 $ 254,902 $ 47,000
St. Louis City, Missouri 82 $ 8,058,000 $ 98,268 $ 29,000
Stark, Ohio 82 $ 8,526,000 $ 103,975 $ 42,000
Pima, Arizona 79 $ 7,271,000 $ 92,037 $ 7,000
Union, North Carolina 79 $ 9,527,000 $ 120,594 $ 20,000
Utah, Utah 79 $ 8,874,000 $ 112,329 $ 27,000
Sarasota, Florida 78 $ 12,926,000 $ 165,717 $ 16,000
Sussex, Delaware 77 $ 21,510,000 $ 279,350 $ 109,000
Kendall, Illinois 77 $ 14,781,000 $ 191,961 $ 74,000
Cabarrus, North Carolina 77 $ 7,902,000 $ 102,623 $ 38,000
Baldwin, Alabama 76 $ 18,050,000 $ 237,500 $ 67,000
Dallas, Texas 76 $ 22,553,000 $ 296,750 $ 0
Merrimack, New Hampshire 75 $ 8,771,000 $ 116,946 $ 76,000
Marion, Oregon 75 $ 4,245,000 $ 56,600 $ 0
Warren, Ohio 74 $ 7,000,000 $ 94,594 $ 32,000
Delaware, Indiana 73 $ 6,295,000 $ 86,232 $ 49,000
Warren, New Jersey 71 $ 19,912,000 $ 280,450 $ 52,000
Dutchess, New York 71 $ 36,884,000 $ 519,492 $ 48,000
Orange, New York 71 $ 15,519,000 $ 218,577 $ 51,000
Rutherford, Tennessee 70 $ 4,691,000 $ 67,014 $ 3,000
Merced, California 69 $ 8,603,000 $ 124,681 $ 1,000
Erie, New York 69 $ 6,741,000 $ 97,695 $ 49,000
Collin, Texas 69 $ 7,415,000 $ 107,463 $ 2,000
Cumberland, Maine 68 $ 13,618,000 $ 200,264 $ 25,000
Manatee, Florida 67 $ 10,233,000 $ 152,731 $ 9,000
Cecil, Maryland 67 $ 9,689,000 $ 144,611 $ 56,000
Summit, Ohio 67 $ 6,397,000 $ 95,477 $ 35,000
San Francisco, California 66 $ 31,391,000 $ 475,621 $ 44,000
Hampshire, Massachusetts 66 $ 8,798,000 $ 133,303 $ 61,000
Bernalillo, New Mexico 66 $ 8,732,000 $ 132,303 $ 6,000
Buncombe, North Carolina 65 $ 10,177,000 $ 156,569 $ 24,000
Genesee, Michigan 63 $ 4,897,000 $ 77,730 $ 22,000
Carbon, Pennsylvania 63 $ 7,439,000 $ 118,079 $ 86,000
York, Maine 62 $ 11,537,000 $ 186,080 $ 60,000
Westmoreland, Pennsylvania 62 $ 4,515,000 $ 72,822 $ 42,000
York, South Carolina 62 $ 7,085,000 $ 114,274 $ 16,000
Washington, New York 61 $ 6,889,000 $ 112,934 $ 50,000
Frederick, Maryland 60 $ 11,835,000 $ 197,250 $ 74,000
Windham, Connecticut 59 $ 8,096,000 $ 137,220 $ 68,000
Marion, Florida 59 $ 7,678,000 $ 130,135 $ 14,000
Kitsap, Washington 58 $ 4,767,000 $ 82,189 $ 3,000
Johnson, Indiana 57 $ 8,058,000 $ 141,368 $ 61,000
Monterey, California 56 $ 13,804,000 $ 246,500 $ 32,000
Santa Barbara, California 56 $ 13,531,000 $ 241,625 $ 10,000
Clayton, Georgia 55 $ 3,709,000 $ 67,436 $ 0
Monroe, New York 55 $ 7,222,000 $ 131,309 $ 48,000
Lane, Oregon 54 $ 5,554,000 $ 102,851 $ 6,000
Lackawanna, Pennsylvania 54 $ 5,818,000 $ 107,740 $ 66,000
Martin, Florida 53 $ 13,991,000 $ 263,981 $ 31,000
Washtenaw, Michigan 53 $ 9,458,000 $ 178,452 $ 80,000
Montgomery, New York 53 $ 5,288,000 $ 99,773 $ 67,000
Montgomery, Ohio 52 $ 3,827,000 $ 73,596 $ 26,000
Larimer, Colorado 51 $ 4,114,000 $ 80,666 $ 7,000
Henry, Georgia 51 $ 3,958,000 $ 77,607 $ 4,000
Clay, Missouri 51 $ 4,845,000 $ 95,000 $ 31,000
Clermont, Ohio 51 $ 5,139,000 $ 100,764 $ 31,000
Lorain, Ohio 51 $ 3,105,000 $ 60,882 $ 12,000
Prince William, Virginia 51 $ 39,201,000 $ 768,647 $ 21,000
Salem, New Jersey 50 $ 8,413,000 $ 168,260 $ 64,000
Jefferson, Alabama 49 $ 5,922,000 $ 120,857 $ 33,000
Onondaga, New York 49 $ 5,402,000 $ 110,244 $ 53,000
Travis, Texas 49 $ 6,132,000 $ 125,142 $ 0
Shasta, California 48 $ 8,316,000 $ 173,250 $ 26,000
Tulare, California 48 $ 5,027,000 $ 104,729 $ 13,000
Cherokee, Georgia 48 $ 6,580,000 $ 137,083 $ 23,000
Oneida, New York 48 $ 4,366,000 $ 90,958 $ 46,000
Bexar, Texas 48 $ 5,847,000 $ 121,812 $ 0
Chatham, Georgia 47 $ 5,338,000 $ 113,574 $ 23,000
Jefferson, Kentucky 47 $ 3,578,000 $ 76,127 $ 16,000
Livingston, Michigan 47 $ 8,274,000 $ 176,042 $ 143,000
Gaston, North Carolina 47 $ 4,322,000 $ 91,957 $ 34,000
Iredell, North Carolina 47 $ 9,487,000 $ 201,851 $ 38,000
Perry, Pennsylvania 47 $ 4,979,000 $ 105,936 $ 56,000
Jasper, Indiana 46 $ 5,448,000 $ 118,434 $ 56,000
Henderson, North Carolina 46 $ 5,763,000 $ 125,282 $ 39,000
Davis, Utah 46 $ 3,189,000 $ 69,326 $ 0
Virginia Beach, Virginia 46 $ 9,203,000 $ 200,065 $ 8,000
Sonoma, California 45 $ 15,124,000 $ 336,088 $ 46,000
Howard, Maryland 45 $ 25,496,000 $ 566,577 $ 46,000
Johnston, North Carolina 45 $ 6,353,000 $ 141,177 $ 51,000
Elmore, Alabama 44 $ 6,039,000 $ 137,250 $ 63,000
Hendricks, Indiana 44 $ 5,203,000 $ 118,250 $ 60,000
Polk, Iowa 44 $ 2,545,000 $ 57,840 $ 1,000
Imperial, California 43 $ 3,826,000 $ 88,976 $ 0
St. Clair, Illinois 42 $ 3,790,000 $ 90,238 $ 46,000
Thurston, Washington 41 $ 4,394,000 $ 107,170 $ 9,000
Anoka, Minnesota 40 $ 5,235,000 $ 130,875 $ 11,000
Strafford, New Hampshire 40 $ 9,220,000 $ 230,500 $ 65,000
Jackson, Oregon 40 $ 4,537,000 $ 113,425 $ 0
Loudoun, Virginia 40 $ 30,572,000 $ 764,300 $ 31,000
El Dorado, California 39 $ 11,248,000 $ 288,410 $ 39,000
Tippecanoe, Indiana 39 $ 4,763,000 $ 122,128 $ 61,000
Kenton, Kentucky 39 $ 2,995,000 $ 76,794 $ 17,000
Santa Cruz, California 38 $ 14,358,000 $ 377,842 $ 85,000
Kent, Delaware 38 $ 6,060,000 $ 159,473 $ 46,000
Butler, Pennsylvania 38 $ 2,853,000 $ 75,078 $ 40,000
Benton, Arkansas 37 $ 1,689,000 $ 45,648 $ 0
Clay, Florida 37 $ 5,691,000 $ 153,810 $ 20,000
Berkshire, Massachusetts 37 $ 7,223,000 $ 195,216 $ 104,000
Grafton, New Hampshire 37 $ 5,929,000 $ 160,243 $ 86,000
Dona Ana, New Mexico 36 $ 3,994,000 $ 110,944 $ 6,000
Forsyth, North Carolina 36 $ 4,000,000 $ 111,111 $ 25,000
Greenville, South Carolina 36 $ 3,248,000 $ 90,222 $ 28,000
Hernando, Florida 35 $ 5,047,000 $ 144,200 $ 5,000
Douglas, Nebraska 35 $ 2,871,000 $ 82,028 $ 13,000
Greene, New York 35 $ 4,967,000 $ 141,914 $ 50,000
Erie, Pennsylvania 35 $ 3,055,000 $ 87,285 $ 34,000
Denton, Texas 35 $ 3,758,000 $ 107,371 $ 0
Yakima, Washington 35 $ 1,717,000 $ 49,057 $ 1,000
Marin, California 34 $ 16,920,000 $ 497,647 $ 41,000
Okaloosa, Florida 34 $ 3,052,000 $ 89,764 $ 5,000
Winnebago, Illinois 34 $ 4,055,000 $ 119,264 $ 34,000
LaPorte, Indiana 34 $ 3,359,000 $ 98,794 $ 42,000
Worcester, Maryland 34 $ 7,049,000 $ 207,323 $ 61,000
Cumberland, New Jersey 34 $ 3,434,000 $ 101,000 $ 21,000
Weber, Utah 34 $ 1,580,000 $ 46,470 $ 1,000
Boulder, Colorado 33 $ 4,700,000 $ 142,424 $ 3,000
Madison, Indiana 33 $ 2,564,000 $ 77,696 $ 45,000
Ramsey, Minnesota 33 $ 6,195,000 $ 187,727 $ 8,000
Putnam, New York 33 $ 8,927,000 $ 270,515 $ 68,000
Montgomery, Texas 33 $ 5,728,000 $ 173,575 $ 0
Charlotte, Florida 32 $ 5,455,000 $ 170,468 $ 9,000
Boone, Kentucky 32 $ 1,943,000 $ 60,718 $ 9,000
Dakota, Minnesota 32 $ 4,626,000 $ 144,562 $ 8,000
Carroll, New Hampshire 32 $ 6,557,000 $ 204,906 $ 67,000
Lucas, Ohio 32 $ 2,662,000 $ 83,187 $ 45,000
Muscogee, Georgia 31 $ 2,180,000 $ 70,322 $ 3,000
Newton, Georgia 31 $ 3,245,000 $ 104,677 $ 10,000
Paulding, Georgia 31 $ 2,881,000 $ 92,935 $ 15,000
DeKalb, Illinois 31 $ 4,471,000 $ 144,225 $ 58,000
Madison, Illinois 31 $ 3,180,000 $ 102,580 $ 34,000
Ulster, New York 31 $ 4,959,000 $ 159,967 $ 65,000
Henrico, Virginia 31 $ 5,071,000 $ 163,580 $ 18,000
Waukesha, Wisconsin 31 $ 4,114,000 $ 132,709 $ 39,000
Mobile, Alabama 30 $ 2,650,000 $ 88,333 $ 33,000
Mohave, Arizona 30 $ 3,309,000 $ 110,300 $ 0
Mesa, Colorado 30 $ 1,598,000 $ 53,266 $ 5,000
Bay, Florida 30 $ 5,839,000 $ 194,633 $ 3,000
Elkhart, Indiana 30 $ 3,077,000 $ 102,566 $ 50,000
Oklahoma, Oklahoma 30 $ 2,009,000 $ 66,966 $ 1,000
Pike, Pennsylvania 30 $ 4,570,000 $ 152,333 $ 54,000
Sumner, Tennessee 30 $ 1,625,000 $ 54,166 $ 2,000
El Paso, Texas 30 $ 2,085,000 $ 69,500 $ 0
Shelby, Alabama 29 $ 4,647,000 $ 160,241 $ 48,000
Madera, California 29 $ 3,418,000 $ 117,862 $ 8,000
Escambia, Florida 29 $ 4,201,000 $ 144,862 $ 14,000
Grundy, Illinois 29 $ 4,371,000 $ 150,724 $ 45,000
Wyandotte, Kansas 29 $ 2,443,000 $ 84,241 $ 27,000
Cumberland, North Carolina 29 $ 1,643,000 $ 56,655 $ 25,000
Montour, Pennsylvania 29 $ 1,861,000 $ 64,172 $ 62,000
Williamson, Texas 29 $ 2,938,000 $ 101,310 $ 0
Chesterfield, Virginia 29 $ 5,260,000 $ 181,379 $ 17,000
Bonneville, Idaho 28 $ 1,283,000 $ 45,821 $ 0
DeKalb, Indiana 28 $ 2,733,000 $ 97,607 $ 49,000
Carroll, Maryland 28 $ 4,458,000 $ 159,214 $ 43,000
Charles, Maryland 28 $ 6,135,000 $ 219,107 $ 26,000
DeSoto, Mississippi 28 $ 1,394,000 $ 49,785 $ 0
Columbia, New York 28 $ 4,708,000 $ 168,142 $ 61,000
New Hanover, North Carolina 28 $ 4,648,000 $ 166,000 $ 14,000
Deschutes, Oregon 28 $ 5,763,000 $ 205,821 $ 0
Charleston, South Carolina 28 $ 6,497,000 $ 232,035 $ 6,000
Douglas, Georgia 27 $ 2,293,000 $ 84,925 $ 11,000
Lawrence, Indiana 27 $ 2,599,000 $ 96,259 $ 55,000
Cass, Missouri 27 $ 3,011,000 $ 111,518 $ 37,000
Cleveland, North Carolina 27 $ 2,882,000 $ 106,740 $ 44,000
Columbia, Pennsylvania 27 $ 2,325,000 $ 86,111 $ 56,000
Knox, Tennessee 27 $ 1,471,000 $ 54,481 $ 3,000
Autauga, Alabama 26 $ 2,553,000 $ 98,192 $ 53,000
Yuma, Arizona 26 $ 3,042,000 $ 117,000 $ 0
Alachua, Florida 26 $ 4,997,000 $ 192,192 $ 10,000
Lake, Ohio 26 $ 2,178,000 $ 83,769 $ 15,000
Medina, Ohio 26 $ 1,684,000 $ 64,769 $ 12,000
Tulsa, Oklahoma 26 $ 2,403,000 $ 92,423 $ 1,000
Dane, Wisconsin 26 $ 2,034,000 $ 78,230 $ 30,000
Nevada, California 25 $ 8,777,000 $ 351,080 $ 64,000
Indian River, Florida 25 $ 4,019,000 $ 160,760 $ 9,000
St. Johns, Florida 25 $ 5,101,000 $ 204,040 $ 19,000
Campbell, Kentucky 25 $ 1,544,000 $ 61,760 $ 24,000
Greene, Missouri 25 $ 2,767,000 $ 110,680 $ 38,000
Belknap, New Hampshire 25 $ 3,823,000 $ 152,920 $ 78,000
Catawba, North Carolina 25 $ 2,322,000 $ 92,880 $ 53,000
Orange, North Carolina 25 $ 5,573,000 $ 222,920 $ 75,000
Delaware, Ohio 25 $ 3,215,000 $ 128,600 $ 26,000
Calaveras, California 24 $ 6,350,000 $ 264,583 $ 39,000
San Benito, California 24 $ 5,899,000 $ 245,791 $ 0
Citrus, Florida 24 $ 3,354,000 $ 139,750 $ 6,000
Flagler, Florida 24 $ 5,381,000 $ 224,208 $ 36,000
Rockdale, Georgia 24 $ 2,296,000 $ 95,666 $ 2,000
Kootenai, Idaho 24 $ 3,842,000 $ 160,083 $ 0
Boone, Indiana 24 $ 3,473,000 $ 144,708 $ 77,000
Fayette, Kentucky 24 $ 944,000 $ 39,333 $ 1,000
Garrett, Maryland 24 $ 3,920,000 $ 163,333 $ 36,000
Kent, Michigan 24 $ 2,786,000 $ 116,083 $ 30,000
Harrison, Mississippi 24 $ 2,095,000 $ 87,291 $ 1,000
Cole, Missouri 24 $ 2,268,000 $ 94,500 $ 65,000
Clinton, New York 24 $ 2,351,000 $ 97,958 $ 40,000
Richland, Ohio 24 $ 1,977,000 $ 82,375 $ 36,000
Cleveland, Oklahoma 24 $ 1,813,000 $ 75,541 $ 5,000
Chesapeake, Virginia 24 $ 3,969,000 $ 165,375 $ 11,000
Skagit, Washington 24 $ 2,445,000 $ 101,875 $ 0
Tuscaloosa, Alabama 23 $ 2,832,000 $ 123,130 $ 44,000
Butte, California 23 $ 3,293,000 $ 143,173 $ 17,000
Forsyth, Georgia 23 $ 2,922,000 $ 127,043 $ 10,000
Honolulu, Hawaii 23 $ 9,222,000 $ 400,956 $ 0
Kennebec, Maine 23 $ 1,945,000 $ 84,565 $ 19,000
Randolph, North Carolina 23 $ 2,484,000 $ 108,000 $ 39,000
Montgomery, Tennessee 23 $ 1,094,000 $ 47,565 $ 0
Galveston, Texas 23 $ 3,130,000 $ 136,086 $ 0
Whatcom, Washington 23 $ 2,861,000 $ 124,391 $ 9,000
Lauderdale, Alabama 22 $ 2,079,000 $ 94,500 $ 82,000
Sutter, California 22 $ 1,931,000 $ 87,772 $ 0
Hall, Georgia 22 $ 2,304,000 $ 104,727 $ 14,000
Androscoggin, Maine 22 $ 2,679,000 $ 121,772 $ 39,000
Monroe, Michigan 22 $ 2,065,000 $ 93,863 $ 24,000
Washington, Pennsylvania 22 $ 2,502,000 $ 113,727 $ 45,000
Hamilton, Tennessee 22 $ 3,069,000 $ 139,500 $ 68,000
Bell, Texas 22 $ 1,691,000 $ 76,863 $ 0
Norfolk, Virginia 22 $ 2,708,000 $ 123,090 $ 12,000
Benton, Washington 22 $ 1,886,000 $ 85,727 $ 10,000
Cowlitz, Washington 22 $ 915,000 $ 41,590 $ 0
Troup, Georgia 21 $ 1,900,000 $ 90,476 $ 26,000
Shawnee, Kansas 21 $ 1,066,000 $ 50,761 $ 15,000
Franklin, Missouri 21 $ 2,645,000 $ 125,952 $ 42,000
St. Francois, Missouri 21 $ 2,273,000 $ 108,238 $ 47,000
Rockland, New York 21 $ 9,400,000 $ 447,619 $ 70,000
Richmond City, Virginia 21 $ 2,176,000 $ 103,619 $ 2,000
Washington, Arkansas 20 $ 767,000 $ 38,350 $ 0
Posey, Indiana 20 $ 2,557,000 $ 127,850 $ 55,000
Boone, Missouri 20 $ 2,803,000 $ 140,150 $ 38,000
Lancaster, Nebraska 20 $ 1,101,000 $ 55,050 $ 4,000
Essex, New York 20 $ 3,053,000 $ 152,650 $ 106,000
Davidson, North Carolina 20 $ 1,896,000 $ 94,800 $ 32,000
Clearfield, Pennsylvania 20 $ 1,178,000 $ 58,900 $ 50,000
Lexington, South Carolina 20 $ 1,360,000 $ 68,000 $ 5,000
Richland, South Carolina 20 $ 2,642,000 $ 132,100 $ 12,000
San Luis Obispo, California 19 $ 5,296,000 $ 278,736 $ 32,000
Yolo, California 19 $ 4,774,000 $ 251,263 $ 37,000
Leon, Florida 19 $ 2,771,000 $ 145,842 $ 5,000
Hancock, Indiana 19 $ 2,758,000 $ 145,157 $ 54,000
Whitley, Indiana 19 $ 1,751,000 $ 92,157 $ 39,000
Washington, Minnesota 19 $ 3,815,000 $ 200,789 $ 32,000
Lincoln, Missouri 19 $ 2,201,000 $ 115,842 $ 38,000
Brunswick, North Carolina 19 $ 4,099,000 $ 215,736 $ 48,000
Lawrence, Pennsylvania 19 $ 1,509,000 $ 79,421 $ 38,000
Newport News, Virginia 19 $ 1,962,000 $ 103,263 $ 34,000
Stafford, Virginia 19 $ 4,401,000 $ 231,631 $ 27,000
Brown, Wisconsin 19 $ 1,558,000 $ 82,000 $ 16,000
Yuba, California 18 $ 1,792,000 $ 99,555 $ 7,000
Santa Rosa, Florida 18 $ 1,945,000 $ 108,055 $ 7,000
Sarpy, Nebraska 18 $ 1,476,000 $ 82,000 $ 8,000
Broome, New York 18 $ 1,467,000 $ 81,500 $ 49,000
Sullivan, New York 18 $ 2,799,000 $ 155,500 $ 45,000
Rowan, North Carolina 18 $ 2,253,000 $ 125,166 $ 30,000
Columbia, Oregon 18 $ 740,000 $ 41,111 $ 0
Josephine, Oregon 18 $ 2,682,000 $ 149,000 $ 0
Blair, Pennsylvania 18 $ 1,310,000 $ 72,777 $ 45,000
Wyoming, Pennsylvania 18 $ 1,789,000 $ 99,388 $ 64,000
Williamson, Tennessee 18 $ 2,123,000 $ 117,944 $ 19,000
Franklin, Vermont 18 $ 2,652,000 $ 147,333 $ 56,000
Windham, Vermont 18 $ 2,658,000 $ 147,666 $ 54,000
Racine, Wisconsin 18 $ 2,196,000 $ 122,000 $ 5,000
Napa, California 17 $ 6,472,000 $ 380,705 $ 48,000
Tehama, California 17 $ 1,539,000 $ 90,529 $ 4,000
Bannock, Idaho 17 $ 593,000 $ 34,882 $ 0
LaSalle, Illinois 17 $ 2,299,000 $ 135,235 $ 49,000
Franklin, Massachusetts 17 $ 2,343,000 $ 137,823 $ 65,000
Warren, Missouri 17 $ 2,716,000 $ 159,764 $ 38,000
Lyon, Nevada 17 $ 1,846,000 $ 108,588 $ 0
Cheshire, New Hampshire 17 $ 2,209,000 $ 129,941 $ 30,000
Schoharie, New York 17 $ 1,851,000 $ 108,882 $ 43,000
Chatham, North Carolina 17 $ 3,252,000 $ 191,294 $ 74,000
Onslow, North Carolina 17 $ 1,929,000 $ 113,470 $ 30,000
Rockingham, North Carolina 17 $ 2,563,000 $ 150,764 $ 39,000
Beaver, Pennsylvania 17 $ 1,325,000 $ 77,941 $ 51,000
Beaufort, South Carolina 17 $ 4,041,000 $ 237,705 $ 67,000
Wilson, Tennessee 17 $ 1,131,000 $ 66,529 $ 5,000
Tooele, Utah 17 $ 593,000 $ 34,882 $ 0
Addison, Vermont 17 $ 2,404,000 $ 141,411 $ 58,000
Lee, Alabama 16 $ 2,274,000 $ 142,125 $ 36,000
Yavapai, Arizona 16 $ 2,581,000 $ 161,312 $ 0
Pueblo, Colorado 16 $ 822,000 $ 51,375 $ 0
Walton, Florida 16 $ 4,187,000 $ 261,687 $ 0
Carroll, Georgia 16 $ 1,234,000 $ 77,125 $ 0
Boone, Illinois 16 $ 2,444,000 $ 152,750 $ 51,000
Noble, Indiana 16 $ 1,648,000 $ 103,000 $ 42,000
Camden, Missouri 16 $ 3,177,000 $ 198,562 $ 85,000
Christian, Missouri 16 $ 1,954,000 $ 122,125 $ 36,000
Ravalli, Montana 16 $ 3,170,000 $ 198,125 $ 41,000
Herkimer, New York 16 $ 1,434,000 $ 89,625 $ 42,000
Alamance, North Carolina 16 $ 1,532,000 $ 95,750 $ 36,000
Franklin, North Carolina 16 $ 1,689,000 $ 105,562 $ 23,000
Greene, Ohio 16 $ 1,518,000 $ 94,875 $ 35,000
Polk, Oregon 16 $ 1,083,000 $ 67,687 $ 0
Roanoke, Virginia 16 $ 2,155,000 $ 134,687 $ 55,000
Colbert, Alabama 15 $ 1,414,000 $ 94,266 $ 62,000
Limestone, Alabama 15 $ 1,747,000 $ 116,466 $ 57,000
Coweta, Georgia 15 $ 1,309,000 $ 87,266 $ 4,000
Maui, Hawaii 15 $ 4,981,000 $ 332,066 $ 0
Henry, Indiana 15 $ 1,445,000 $ 96,333 $ 58,000
Morgan, Indiana 15 $ 1,830,000 $ 122,000 $ 60,000
Wells, Indiana 15 $ 1,800,000 $ 120,000 $ 43,000
Scott, Iowa 15 $ 898,000 $ 59,866 $ 17,000
Leavenworth, Kansas 15 $ 1,297,000 $ 86,466 $ 31,000
Perry, Missouri 15 $ 1,507,000 $ 100,466 $ 39,000
Platte, Missouri 15 $ 1,480,000 $ 98,666 $ 41,000
Sullivan, New Hampshire 15 $ 1,231,000 $ 82,066 $ 77,000
Sandoval, New Mexico 15 $ 1,862,000 $ 124,133 $ 21,000
Portage, Ohio 15 $ 1,519,000 $ 101,266 $ 19,000
Page:

Mortgage Loan Application Detail Totals for Sovereign Bank in 2006

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
Home Purchase 42,128 $7,569,024,000 $179,000 $99,999,000 $41,000 $4,000,000
Refinancing 33,528 $6,939,528,000 $206,000 $56,000,000 $66,000 $7,843,000
Home Improvement 10,230 $638,272,000 $62,000 $3,250,000 $82,000 $7,670,000

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 46,228 $7,470,243,000 $161,000 $5,000,000 $81,000 $5,760,000
Not applicable 24,602 $5,298,237,000 $215,000 $99,999,000 $0 $859,000
Not Provided 4,678 $809,498,000 $173,000 $14,080,000 $85,000 $7,843,000
Hispanic 4,291 $625,374,000 $145,000 $1,810,000 $57,000 $1,043,000
Black or African American 3,583 $473,197,000 $132,000 $938,000 $60,000 $3,161,000
Asian 2,153 $413,961,000 $192,000 $3,000,000 $82,000 $2,280,000
American Indian or Alaskan Native 184 $23,369,000 $127,000 $650,000 $85,000 $713,000
Native Hawaiian or Other Pacific Islander 167 $32,945,000 $197,000 $1,760,000 $92,000 $1,399,000

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) 84,677 $14,977,225,000 $176,000 $99,999,000 $56,000 $7,843,000
FHA-insured (Federal Housing Administration) 1,182 $164,792,000 $139,000 $517,000 $49,000 $412,000
VA-guaranteed (Veterans Administration) 27 $4,807,000 $178,000 $385,000 $61,000 $111,000
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 40,195 $8,128,808,000 $202,000 $99,999,000 $81,000 $7,843,000
Loan Purchased By The Institution 29,304 $4,093,290,000 $139,000 $2,000,000 $13,000 $1,241,000
Application Denied By Financial Institution 8,454 $1,188,212,000 $140,000 $20,000,000 $67,000 $5,305,000
Application Approved But Not Accepted 4,717 $904,249,000 $191,000 $32,000,000 $82,000 $7,670,000
Application Withdrawn By Applicant 2,864 $770,136,000 $268,000 $32,000,000 $67,000 $2,892,000
Preapproval Denied by Financial Institution 314 $44,008,000 $140,000 $608,000 $44,000 $380,000
File Closed For Incompleteness 38 $18,121,000 $476,000 $5,080,000 $111,000 $616,000
Preapproval Approved but not Accepted 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 3,312 $351,805,000 $106,000 $8,000,000 $64,000 $4,000,000
Debt-To-Income Ratio 2,245 $252,906,000 $112,000 $792,000 $54,000 $327,000
Collateral 1,354 $339,170,000 $250,000 $20,000,000 $78,000 $700,000
Other 749 $142,261,000 $189,000 $8,612,000 $82,000 $1,464,000
Mortgage Insurance Denied 424 $35,997,000 $84,000 $583,000 $86,000 $5,305,000
Unverifiable Information 407 $54,971,000 $135,000 $1,800,000 $50,000 $1,184,000
Credit Application Incomplete 137 $34,130,000 $249,000 $6,000,000 $103,000 $2,750,000
Employment History 100 $12,649,000 $126,000 $700,000 $39,000 $452,000
Insufficient Cash (Downpayment, Closing Cost) 40 $8,331,000 $208,000 $1,173,000 $58,000 $300,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Sovereign Bank's 2006 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 Sovereign 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 Pennsylvania, download the full spreadsheet with aggregated HMDA statistics today.

Download the Pennsylvania Lender List