Sovereign Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2003
Sovereign Bank 2003 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 | 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 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2003 with Sovereign 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 Sovereign Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2003 breaks down Sovereign 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 Sovereign Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Sovereign 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 Sovereign Bank's mortgage activity for 2003.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| PHILADELPHIA, PA-NJ | 10,234 | $ 1,242,355,000 | $ 121,000 | $ 63,000 |
| BOSTON, MA-NH | 6,382 | $ 1,253,682,000 | $ 196,000 | $ 70,000 |
| PROVIDENCE-FALL RIVER-WARWICK, RI-MA | 3,541 | $ 483,178,000 | $ 136,000 | $ 58,000 |
| MONMOUTH-OCEAN, NJ | 3,501 | $ 476,294,000 | $ 136,000 | $ 64,000 |
| HARTFORD, CT | 2,636 | $ 356,403,000 | $ 135,000 | $ 63,000 |
| READING, PA | 2,209 | $ 215,874,000 | $ 97,000 | $ 46,000 |
| NEWARK, NJ | 2,198 | $ 312,045,000 | $ 141,000 | $ 63,000 |
| MIDDLESEX-SOMERSET-HUNTERDON, NJ | 1,792 | $ 263,506,000 | $ 147,000 | $ 75,000 |
| LOS ANGELES-LONG BEACH, CA | 1,660 | $ 360,827,000 | $ 217,000 | $ 125,000 |
| WORCESTER, MA-CT | 1,477 | $ 218,480,000 | $ 147,000 | $ 61,000 |
| ALLENTOWN-BETHLEHEM-EASTON, PA | 1,414 | $ 152,337,000 | $ 107,000 | $ 55,000 |
| LANCASTER, PA | 1,030 | $ 110,029,000 | $ 106,000 | $ 53,000 |
| ALBANY-SCHENECTADY-TROY, NY | 1,025 | $ 125,052,000 | $ 122,000 | $ 53,000 |
| RIVERSIDE-SAN BERNARDINO, CA | 958 | $ 93,438,000 | $ 97,000 | $ 50,000 |
| ORANGE COUNTY, CA | 919 | $ 245,556,000 | $ 267,000 | $ 75,000 |
| CHICAGO, IL | 892 | $ 179,286,000 | $ 200,000 | $ 47,000 |
| BALTIMORE, MD | 855 | $ 94,073,000 | $ 110,000 | $ 61,000 |
| MINNEAPOLIS-ST. PAUL, MN-WI | 840 | $ 88,576,000 | $ 105,000 | $ 20,000 |
| WILMINGTON-NEWARK, DE-MD | 785 | $ 90,725,000 | $ 115,000 | $ 56,000 |
| HARRISBURG-LEBANON-CARLISLE, PA | 713 | $ 70,146,000 | $ 98,000 | $ 50,000 |
| TRENTON, NJ | 708 | $ 86,931,000 | $ 122,000 | $ 70,000 |
| BERGEN-PASSAIC, NJ | 683 | $ 119,002,000 | $ 174,000 | $ 69,000 |
| SAN DIEGO, CA | 670 | $ 160,084,000 | $ 238,000 | $ 100,000 |
| WILLIAMSPORT, PA | 651 | $ 49,987,000 | $ 76,000 | $ 43,000 |
| NEW YORK, NY | 633 | $ 154,871,000 | $ 244,000 | $ 47,000 |
| SPRINGFIELD, MA | 569 | $ 72,132,000 | $ 126,000 | $ 58,000 |
| PHOENIX-MESA, AZ | 560 | $ 51,988,000 | $ 92,000 | $ 41,000 |
| DENVER, CO | 539 | $ 58,709,000 | $ 108,000 | $ 22,000 |
| LOWELL, MA-NH | 522 | $ 78,194,000 | $ 149,000 | $ 65,000 |
| ATLANTA, GA | 520 | $ 61,717,000 | $ 118,000 | $ 10,000 |
| GREENSBORO--WINSTON-SALEM--HIGH POINT, NC | 510 | $ 50,987,000 | $ 99,000 | $ 38,000 |
| NASSAU-SUFFOLK, NY | 510 | $ 124,387,000 | $ 243,000 | $ 66,000 |
| ATLANTIC-CAPE MAY, NJ | 505 | $ 88,976,000 | $ 176,000 | $ 73,000 |
| OAKLAND, CA | 503 | $ 137,246,000 | $ 272,000 | $ 47,000 |
| LAWRENCE, MA-NH | 501 | $ 91,456,000 | $ 182,000 | $ 67,000 |
| SEATTLE-BELLEVUE-EVERETT, WA | 483 | $ 71,550,000 | $ 148,000 | $ 64,000 |
| ST. LOUIS, MO-IL | 480 | $ 54,325,000 | $ 113,000 | $ 5,000 |
| MILWAUKEE-WAUKESHA, WI | 477 | $ 38,236,000 | $ 80,000 | $ 0 |
| BROCKTON, MA | 454 | $ 78,001,000 | $ 171,000 | $ 61,000 |
| SACRAMENTO, CA | 434 | $ 54,785,000 | $ 126,000 | $ 42,000 |
| NEW BEDFORD, MA | 433 | $ 60,997,000 | $ 140,000 | $ 62,000 |
| DETROIT, MI | 408 | $ 71,759,000 | $ 175,000 | $ 24,000 |
| BARNSTABLE-YARMOUTH, MA | 405 | $ 72,932,000 | $ 180,000 | $ 81,000 |
| DALLAS, TX | 401 | $ 36,969,000 | $ 92,000 | $ 12,000 |
| NASHUA, NH | 340 | $ 43,415,000 | $ 127,000 | $ 66,000 |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL | 330 | $ 22,722,000 | $ 68,000 | $ 33,000 |
| NEW HAVEN-MERIDEN, CT | 329 | $ 43,551,000 | $ 132,000 | $ 49,000 |
| INDIANAPOLIS, IN | 326 | $ 32,773,000 | $ 100,000 | $ 48,000 |
| YORK, PA | 320 | $ 31,348,000 | $ 97,000 | $ 70,000 |
| BURLINGTON, VT | 310 | $ 42,188,000 | $ 136,000 | $ 74,000 |
| FORT LAUDERDALE, FL | 301 | $ 31,125,000 | $ 103,000 | $ 99,000 |
| SAN JOSE, CA | 296 | $ 108,048,000 | $ 365,000 | $ 39,000 |
| BRIDGEPORT, CT | 290 | $ 52,563,000 | $ 181,000 | $ 50,000 |
| ORLANDO, FL | 280 | $ 25,022,000 | $ 89,000 | $ 51,000 |
| FORT WORTH-ARLINGTON, TX | 278 | $ 16,673,000 | $ 59,000 | $ 0 |
| JERSEY CITY, NJ | 278 | $ 38,632,000 | $ 138,000 | $ 55,000 |
| PITTSBURGH, PA | 277 | $ 13,182,000 | $ 47,000 | $ 41,000 |
| LAS VEGAS, NV-AZ | 276 | $ 24,936,000 | $ 90,000 | $ 8,000 |
| HOUSTON, TX | 257 | $ 32,844,000 | $ 127,000 | $ 0 |
| MIAMI, FL | 253 | $ 28,053,000 | $ 110,000 | $ 96,000 |
| RALEIGH-DURHAM-CHAPEL HILL, NC | 244 | $ 38,038,000 | $ 155,000 | $ 31,000 |
| SAN FRANCISCO, CA | 242 | $ 105,917,000 | $ 437,000 | $ 21,000 |
| CHARLOTTE-GASTONIA-ROCK HILL, NC-SC | 238 | $ 27,257,000 | $ 114,000 | $ 25,000 |
| STAMFORD-NORWALK, CT | 234 | $ 72,803,000 | $ 311,000 | $ 94,000 |
| WATERBURY, CT | 220 | $ 23,921,000 | $ 108,000 | $ 48,000 |
| PORTLAND-VANCOUVER, OR-WA | 219 | $ 26,939,000 | $ 123,000 | $ 7,000 |
| CLEVELAND-LORAIN-ELYRIA, OH | 204 | $ 29,549,000 | $ 144,000 | $ 20,000 |
| NORFOLK-VIRGINIA BEACH-NEWPORT NEWS, VA-NC | 204 | $ 17,945,000 | $ 87,000 | $ 26,000 |
| VENTURA, CA | 202 | $ 53,590,000 | $ 265,000 | $ 62,000 |
| WEST PALM BEACH-BOCA RATON, FL | 187 | $ 24,328,000 | $ 130,000 | $ 103,000 |
| FITCHBURG-LEOMINSTER, MA | 186 | $ 25,242,000 | $ 135,000 | $ 38,000 |
| SCRANTON--WILKES-BARRE--HAZLETON, PA | 184 | $ 16,881,000 | $ 91,000 | $ 58,000 |
| SALT LAKE CITY-OGDEN, UT | 178 | $ 13,461,000 | $ 75,000 | $ 25,000 |
| GARY, IN | 168 | $ 12,619,000 | $ 75,000 | $ 34,000 |
| STATE COLLEGE, PA | 155 | $ 18,279,000 | $ 117,000 | $ 44,000 |
| COLUMBUS, OH | 154 | $ 20,629,000 | $ 133,000 | $ 28,000 |
| DANBURY, CT | 154 | $ 28,266,000 | $ 183,000 | $ 74,000 |
| SOUTH BEND, IN | 153 | $ 12,512,000 | $ 81,000 | $ 44,000 |
| RICHMOND-PETERSBURG, VA | 151 | $ 15,305,000 | $ 101,000 | $ 43,000 |
| KANSAS CITY, MO-KS | 149 | $ 11,239,000 | $ 75,000 | $ 19,000 |
| CINCINNATI, OH-KY-IN | 146 | $ 16,674,000 | $ 114,000 | $ 23,000 |
| STOCKTON-LODI, CA | 146 | $ 10,531,000 | $ 72,000 | $ 0 |
| FORT MYERS-CAPE CORAL, FL | 143 | $ 14,077,000 | $ 98,000 | $ 45,000 |
| JACKSONVILLE, FL | 142 | $ 13,573,000 | $ 95,000 | $ 38,000 |
| TUCSON, AZ | 139 | $ 6,925,000 | $ 49,000 | $ 55,000 |
| PORTSMOUTH-ROCHESTER, NH-ME | 135 | $ 22,647,000 | $ 167,000 | $ 61,000 |
| OMAHA, NE-IA | 134 | $ 11,123,000 | $ 83,000 | $ 16,000 |
| DUTCHESS COUNTY, NY | 128 | $ 19,485,000 | $ 152,000 | $ 50,000 |
| VALLEJO-FAIRFIELD-NAPA, CA | 127 | $ 16,680,000 | $ 131,000 | $ 72,000 |
| COLORADO SPRINGS, CO | 123 | $ 9,988,000 | $ 81,000 | $ 38,000 |
| WASHINGTON, DC-MD-VA-WV | 123 | $ 31,278,000 | $ 254,000 | $ 62,000 |
| NEW LONDON-NORWICH, CT-RI | 122 | $ 20,038,000 | $ 164,000 | $ 58,000 |
| TULSA, OK | 122 | $ 7,721,000 | $ 63,000 | $ 0 |
| OKLAHOMA CITY, OK | 117 | $ 10,101,000 | $ 86,000 | $ 5,000 |
| DES MOINES, IA | 114 | $ 7,376,000 | $ 64,000 | $ 0 |
| GREENVILLE-SPARTANBURG-ANDERSON, SC | 113 | $ 8,827,000 | $ 78,000 | $ 15,000 |
| NEWBURGH, NY-PA | 113 | $ 14,427,000 | $ 127,000 | $ 41,000 |
| TACOMA, WA | 113 | $ 9,374,000 | $ 82,000 | $ 38,000 |
| PORTLAND, ME | 111 | $ 15,227,000 | $ 137,000 | $ 42,000 |
| ALBUQUERQUE, NM | 110 | $ 6,571,000 | $ 59,000 | $ 10,000 |
| MODESTO, CA | 109 | $ 6,902,000 | $ 63,000 | $ 26,000 |
| GRAND RAPIDS-MUSKEGON-HOLLAND, MI | 106 | $ 9,846,000 | $ 92,000 | $ 18,000 |
| MANCHESTER, NH | 104 | $ 14,146,000 | $ 136,000 | $ 55,000 |
| NASHVILLE, TN | 103 | $ 11,175,000 | $ 108,000 | $ 9,000 |
| DAYTON-SPRINGFIELD, OH | 97 | $ 9,141,000 | $ 94,000 | $ 20,000 |
| FORT WAYNE, IN | 96 | $ 9,046,000 | $ 94,000 | $ 22,000 |
| SYRACUSE, NY | 94 | $ 8,339,000 | $ 88,000 | $ 42,000 |
| AUSTIN-SAN MARCOS, TX | 89 | $ 15,311,000 | $ 172,000 | $ 0 |
| SARASOTA-BRADENTON, FL | 88 | $ 16,248,000 | $ 184,000 | $ 90,000 |
| NAPLES, FL | 86 | $ 23,694,000 | $ 275,000 | $ 90,000 |
| BAKERSFIELD, CA | 85 | $ 5,286,000 | $ 62,000 | $ 45,000 |
| AKRON, OH | 82 | $ 8,392,000 | $ 102,000 | $ 15,000 |
| BUFFALO-NIAGARA FALLS, NY | 82 | $ 7,006,000 | $ 85,000 | $ 49,000 |
| BOISE CITY, ID | 81 | $ 5,088,000 | $ 62,000 | $ 43,000 |
| MADISON, WI | 80 | $ 7,181,000 | $ 89,000 | $ 20,000 |
| DOVER, DE | 79 | $ 11,291,000 | $ 142,000 | $ 60,000 |
| MEMPHIS, TN-AR-MS | 75 | $ 6,614,000 | $ 88,000 | $ 31,000 |
| VINELAND-MILLVILLE-BRIDGETON, NJ | 74 | $ 7,046,000 | $ 95,000 | $ 30,000 |
| ROCHESTER, NY | 73 | $ 6,901,000 | $ 94,000 | $ 42,000 |
| ASHEVILLE, NC | 72 | $ 7,250,000 | $ 100,000 | $ 29,000 |
| FRESNO, CA | 69 | $ 7,495,000 | $ 108,000 | $ 0 |
| ANN ARBOR, MI | 66 | $ 17,400,000 | $ 263,000 | $ 23,000 |
| ROANOKE, VA | 66 | $ 5,414,000 | $ 82,000 | $ 24,000 |
| KNOXVILLE, TN | 65 | $ 5,139,000 | $ 79,000 | $ 3,000 |
| LOUISVILLE, KY-IN | 65 | $ 4,967,000 | $ 76,000 | $ 0 |
| HICKORY-MORGANTON-LENOIR, NC | 64 | $ 5,650,000 | $ 88,000 | $ 29,000 |
| DAYTONA BEACH, FL | 63 | $ 3,226,000 | $ 51,000 | $ 27,000 |
| MELBOURNE-TITUSVILLE-PALM BAY, FL | 60 | $ 3,856,000 | $ 64,000 | $ 64,000 |
| RENO, NV | 60 | $ 6,693,000 | $ 111,000 | $ 61,000 |
| SAN ANTONIO, TX | 60 | $ 4,823,000 | $ 80,000 | $ 0 |
| APPLETON-OSHKOSH-NEENAH, WI | 57 | $ 3,033,000 | $ 53,000 | $ 0 |
| FORT PIERCE-PORT ST. LUCIE, FL | 57 | $ 5,286,000 | $ 92,000 | $ 31,000 |
| COLUMBIA, SC | 56 | $ 5,019,000 | $ 89,000 | $ 19,000 |
| GLENS FALLS, NY | 56 | $ 6,249,000 | $ 111,000 | $ 63,000 |
| ELKHART-GOSHEN, IN | 54 | $ 4,780,000 | $ 88,000 | $ 23,000 |
| UTICA-ROME, NY | 53 | $ 4,620,000 | $ 87,000 | $ 35,000 |
| BOULDER-LONGMONT, CO | 52 | $ 8,230,000 | $ 158,000 | $ 48,000 |
| SANTA ROSA, CA | 50 | $ 11,987,000 | $ 239,000 | $ 20,000 |
| LINCOLN, NE | 47 | $ 4,799,000 | $ 102,000 | $ 0 |
| PROVO-OREM, UT | 45 | $ 3,080,000 | $ 68,000 | $ 0 |
| TOLEDO, OH | 45 | $ 4,660,000 | $ 103,000 | $ 10,000 |
| MYRTLE BEACH, SC | 44 | $ 3,452,000 | $ 78,000 | $ 56,000 |
| FORT COLLINS-LOVELAND, CO | 43 | $ 4,883,000 | $ 113,000 | $ 0 |
| GREELEY, CO | 42 | $ 3,270,000 | $ 77,000 | $ 0 |
| LAKELAND-WINTER HAVEN, FL | 42 | $ 3,317,000 | $ 78,000 | $ 38,000 |
| SALINAS, CA | 42 | $ 14,699,000 | $ 349,000 | $ 38,000 |
| LEXINGTON, KY | 40 | $ 2,448,000 | $ 61,000 | $ 7,000 |
| RACINE, WI | 40 | $ 3,081,000 | $ 77,000 | $ 0 |
| LANSING-EAST LANSING, MI | 39 | $ 3,017,000 | $ 77,000 | $ 0 |
| SANTA BARBARA-SANTA MARIA-LOMPOC, CA | 39 | $ 9,495,000 | $ 243,000 | $ 65,000 |
| CHARLESTON-NORTH CHARLESTON, SC | 37 | $ 6,949,000 | $ 187,000 | $ 34,000 |
| EL PASO, TX | 37 | $ 2,043,000 | $ 55,000 | $ 0 |
| JANESVILLE-BELOIT, WI | 37 | $ 2,361,000 | $ 63,000 | $ 0 |
| KALAMAZOO-BATTLE CREEK, MI | 37 | $ 4,475,000 | $ 120,000 | $ 28,000 |
| EVANSVILLE-HENDERSON, IN-KY | 36 | $ 2,771,000 | $ 76,000 | $ 8,000 |
| KENOSHA, WI | 36 | $ 2,560,000 | $ 71,000 | $ 40,000 |
| PENSACOLA, FL | 36 | $ 2,792,000 | $ 77,000 | $ 14,000 |
| SANTA CRUZ-WATSONVILLE, CA | 36 | $ 17,061,000 | $ 473,000 | $ 0 |
| GREEN BAY, WI | 34 | $ 2,320,000 | $ 68,000 | $ 0 |
| WICHITA, KS | 34 | $ 2,795,000 | $ 82,000 | $ 4,000 |
| EUGENE-SPRINGFIELD, OR | 31 | $ 2,031,000 | $ 65,000 | $ 0 |
| HAMILTON-MIDDLETOWN, OH | 31 | $ 2,284,000 | $ 73,000 | $ 0 |
| MERCED, CA | 31 | $ 2,154,000 | $ 69,000 | $ 0 |
| BREMERTON, WA | 30 | $ 4,414,000 | $ 147,000 | $ 0 |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL | 30 | $ 1,713,000 | $ 57,000 | $ 0 |
| SALEM, OR | 29 | $ 1,644,000 | $ 56,000 | $ 0 |
| CEDAR RAPIDS, IA | 28 | $ 1,486,000 | $ 53,000 | $ 0 |
| HAGERSTOWN, MD | 28 | $ 2,220,000 | $ 79,000 | $ 22,000 |
| TALLAHASSEE, FL | 28 | $ 2,065,000 | $ 73,000 | $ 46,000 |
| FLINT, MI | 25 | $ 3,568,000 | $ 142,000 | $ 12,000 |
| SIOUX FALLS, SD | 25 | $ 1,450,000 | $ 58,000 | $ 0 |
| PUEBLO, CO | 24 | $ 3,339,000 | $ 139,000 | $ 0 |
| ROCKFORD, IL | 24 | $ 2,321,000 | $ 96,000 | $ 7,000 |
| CANTON-MASSILLON, OH | 23 | $ 3,152,000 | $ 137,000 | $ 11,000 |
| YOLO, CA | 23 | $ 4,201,000 | $ 182,000 | $ 0 |
| BRAZORIA, TX | 22 | $ 579,000 | $ 26,000 | $ 0 |
| SAN LUIS OBISPO-ATASCADERO-PASO ROBLES, CA | 21 | $ 3,409,000 | $ 162,000 | $ 7,000 |
| SAVANNAH, GA | 20 | $ 1,331,000 | $ 66,000 | $ 0 |
| SPOKANE, WA | 20 | $ 2,651,000 | $ 132,000 | $ 0 |
| WILMINGTON, NC | 20 | $ 3,199,000 | $ 159,000 | $ 27,000 |
| CHARLOTTESVILLE, VA | 19 | $ 1,238,000 | $ 65,000 | $ 19,000 |
| OCALA, FL | 19 | $ 1,092,000 | $ 57,000 | $ 40,000 |
| TOPEKA, KS | 19 | $ 617,000 | $ 32,000 | $ 0 |
| BILOXI-GULFPORT-PASCAGOULA, MS | 18 | $ 1,937,000 | $ 107,000 | $ 0 |
| CORPUS CHRISTI, TX | 18 | $ 1,015,000 | $ 56,000 | $ 0 |
| JACKSON, MS | 18 | $ 2,540,000 | $ 141,000 | $ 0 |
| LAFAYETTE, IN | 18 | $ 1,087,000 | $ 60,000 | $ 0 |
| PANAMA CITY, FL | 18 | $ 1,140,000 | $ 63,000 | $ 0 |
| FORT WALTON BEACH, FL | 17 | $ 2,595,000 | $ 152,000 | $ 133,000 |
| MUNCIE, IN | 17 | $ 1,178,000 | $ 69,000 | $ 48,000 |
| ROCHESTER, MN | 17 | $ 3,188,000 | $ 187,000 | $ 24,000 |
| CHATTANOOGA, TN-GA | 16 | $ 2,253,000 | $ 140,000 | $ 10,000 |
| GAINESVILLE, FL | 16 | $ 877,000 | $ 54,000 | $ 21,000 |
| GALVESTON-TEXAS CITY, TX | 16 | $ 1,074,000 | $ 67,000 | $ 38,000 |
| KOKOMO, IN | 16 | $ 1,298,000 | $ 81,000 | $ 0 |
| LYNCHBURG, VA | 16 | $ 1,361,000 | $ 85,000 | $ 0 |
| PUNTA GORDA, FL | 16 | $ 2,676,000 | $ 167,000 | $ 59,000 |
| SAGINAW-BAY CITY-MIDLAND, MI | 16 | $ 1,406,000 | $ 87,000 | $ 0 |
| FAYETTEVILLE, NC | 15 | $ 1,232,000 | $ 82,000 | $ 42,000 |
| SANTA FE, NM | 15 | $ 1,524,000 | $ 101,000 | $ 0 |
| TERRE HAUTE, IN | 15 | $ 820,000 | $ 54,000 | $ 14,000 |
| YOUNGSTOWN-WARREN, OH | 15 | $ 1,124,000 | $ 74,000 | $ 9,000 |
| BANGOR, ME | 14 | $ 1,041,000 | $ 74,000 | $ 19,000 |
| BENTON HARBOR, MI | 14 | $ 2,315,000 | $ 165,000 | $ 10,000 |
| DANVILLE, VA | 14 | $ 857,000 | $ 61,000 | $ 8,000 |
| GRAND JUNCTION, CO | 14 | $ 796,000 | $ 56,000 | $ 0 |
| YUBA CITY, CA | 14 | $ 582,000 | $ 41,000 | $ 0 |
| ALTOONA, PA | 13 | $ 818,000 | $ 62,000 | $ 52,000 |
| AMARILLO, TX | 13 | $ 285,000 | $ 21,000 | $ 0 |
| BINGHAMTON, NY | 13 | $ 1,182,000 | $ 90,000 | $ 57,000 |
| LAS CRUCES, NM | 13 | $ 301,000 | $ 23,000 | $ 14,000 |
| REDDING, CA | 13 | $ 818,000 | $ 62,000 | $ 0 |
| VISALIA-TULARE-PORTERVILLE, CA | 13 | $ 1,241,000 | $ 95,000 | $ 0 |
| JOHNSON CITY-KINGSPORT-BRISTOL, TN-VA | 12 | $ 639,000 | $ 53,000 | $ 0 |
| JOHNSTOWN, PA | 12 | $ 734,000 | $ 61,000 | $ 65,000 |
| MEDFORD-ASHLAND, OR | 12 | $ 1,937,000 | $ 161,000 | $ 0 |
| RICHLAND-KENNEWICK-PASCO, WA | 12 | $ 310,000 | $ 25,000 | $ 0 |
| SHARON, PA | 12 | $ 2,025,000 | $ 168,000 | $ 160,000 |
| SPRINGFIELD, MO | 12 | $ 1,344,000 | $ 112,000 | $ 0 |
| ST. CLOUD, MN | 12 | $ 546,000 | $ 45,000 | $ 0 |
| CHICO-PARADISE, CA | 11 | $ 1,321,000 | $ 120,000 | $ 18,000 |
| EAU CLAIRE, WI | 11 | $ 447,000 | $ 40,000 | $ 0 |
| RAPID CITY, SD | 11 | $ 599,000 | $ 54,000 | $ 0 |
| TYLER, TX | 11 | $ 692,000 | $ 62,000 | $ 0 |
| BELLINGHAM, WA | 10 | $ 2,042,000 | $ 204,000 | $ 0 |
| ERIE, PA | 10 | $ 538,000 | $ 53,000 | $ 0 |
| FARGO-MOORHEAD, ND-MN | 10 | $ 790,000 | $ 79,000 | $ 0 |
| IOWA CITY, IA | 10 | $ 1,557,000 | $ 155,000 | $ 0 |
| JACKSON, MI | 10 | $ 913,000 | $ 91,000 | $ 0 |
| JAMESTOWN, NY | 10 | $ 697,000 | $ 69,000 | $ 28,000 |
| MANSFIELD, OH | 10 | $ 599,000 | $ 59,000 | $ 17,000 |
| OLYMPIA, WA | 10 | $ 755,000 | $ 75,000 | $ 0 |
| PEORIA-PEKIN, IL | 10 | $ 857,000 | $ 85,000 | $ 0 |
| SHEBOYGAN, WI | 10 | $ 705,000 | $ 70,000 | $ 0 |
| BISMARCK, ND | 9 | $ 537,000 | $ 59,000 | $ 0 |
| CHARLESTON, WV | 9 | $ 1,480,000 | $ 164,000 | $ 0 |
| LA CROSSE, WI-MN | 9 | $ 560,000 | $ 62,000 | $ 0 |
| LONGVIEW-MARSHALL, TX | 9 | $ 188,000 | $ 20,000 | $ 0 |
| MACON, GA | 9 | $ 448,000 | $ 49,000 | $ 23,000 |
| PITTSFIELD, MA | 9 | $ 1,491,000 | $ 165,000 | $ 87,000 |
| COLUMBUS, GA-AL | 8 | $ 680,000 | $ 85,000 | $ 0 |
| FLORENCE, SC | 8 | $ 395,000 | $ 49,000 | $ 21,000 |
| SIOUX CITY, IA-NE | 8 | $ 253,000 | $ 31,000 | $ 0 |
| VICTORIA, TX | 8 | $ 257,000 | $ 32,000 | $ 0 |
| WATERLOO-CEDAR FALLS, IA | 8 | $ 592,000 | $ 74,000 | $ 0 |
| WAUSAU, WI | 8 | $ 405,000 | $ 50,000 | $ 0 |
| BEAUMONT-PORT ARTHUR, TX | 7 | $ 161,000 | $ 23,000 | $ 0 |
| BILLINGS, MT | 7 | $ 451,000 | $ 64,000 | $ 0 |
| BLOOMINGTON, IN | 7 | $ 1,180,000 | $ 168,000 | $ 79,000 |
| BLOOMINGTON-NORMAL, IL | 7 | $ 356,000 | $ 50,000 | $ 0 |
| CORVALLIS, OR | 7 | $ 224,000 | $ 32,000 | $ 0 |
| DUBUQUE, IA | 7 | $ 264,000 | $ 37,000 | $ 0 |
| GOLDSBORO, NC | 7 | $ 537,000 | $ 76,000 | $ 9,000 |
| GREENVILLE, NC | 7 | $ 377,000 | $ 53,000 | $ 0 |
| HUNTINGTON-ASHLAND, WV-KY-OH | 7 | $ 950,000 | $ 135,000 | $ 15,000 |
| JACKSONVILLE, NC | 7 | $ 898,000 | $ 128,000 | $ 45,000 |
| MISSOULA, MT | 7 | $ 1,495,000 | $ 213,000 | $ 0 |
| ROCKY MOUNT, NC | 7 | $ 466,000 | $ 66,000 | $ 26,000 |
| SHERMAN-DENISON, TX | 7 | $ 360,000 | $ 51,000 | $ 0 |
| ST. JOSEPH, MO | 7 | $ 614,000 | $ 87,000 | $ 0 |
| YUMA, AZ | 7 | $ 456,000 | $ 65,000 | $ 0 |
| DULUTH-SUPERIOR, MN-WI | 6 | $ 583,000 | $ 97,000 | $ 16,000 |
| ENID, OK | 6 | $ 829,000 | $ 138,000 | $ 0 |
| FLAGSTAFF, AZ-UT | 6 | $ 566,000 | $ 94,000 | $ 0 |
| AUGUSTA-AIKEN, GA-SC | 5 | $ 467,000 | $ 93,000 | $ 0 |
| BROWNSVILLE-HARLINGEN-SAN BENITO, TX | 5 | $ 877,000 | $ 175,000 | $ 0 |
| CHAMPAIGN-URBANA, IL | 5 | $ 744,000 | $ 148,000 | $ 59,000 |
| CHEYENNE, WY | 5 | $ 122,000 | $ 24,000 | $ 0 |
| CUMBERLAND, MD-WV | 5 | $ 242,000 | $ 48,000 | $ 10,000 |
| HATTIESBURG, MS | 5 | $ 1,415,000 | $ 283,000 | $ 17,000 |
| JOPLIN, MO | 5 | $ 215,000 | $ 43,000 | $ 0 |
| KANKAKEE, IL | 5 | $ 95,000 | $ 19,000 | $ 0 |
| KILLEEN-TEMPLE, TX | 5 | $ 220,000 | $ 44,000 | $ 0 |
| LAWRENCE, KS | 5 | $ 294,000 | $ 58,000 | $ 16,000 |
| LAWTON, OK | 5 | $ 142,000 | $ 28,000 | $ 0 |
| LEWISTON-AUBURN, ME | 5 | $ 424,000 | $ 84,000 | $ 12,000 |
| LIMA, OH | 5 | $ 446,000 | $ 89,000 | $ 21,000 |
| LUBBOCK, TX | 5 | $ 123,000 | $ 24,000 | $ 0 |
| MCALLEN-EDINBURG-MISSION, TX | 5 | $ 658,000 | $ 131,000 | $ 0 |
| ODESSA-MIDLAND, TX | 5 | $ 630,000 | $ 126,000 | $ 0 |
| SPRINGFIELD, IL | 5 | $ 903,000 | $ 180,000 | $ 9,000 |
| BRYAN-COLLEGE STATION, TX | 4 | $ 587,000 | $ 146,000 | $ 0 |
| CASPER, WY | 4 | $ 84,000 | $ 21,000 | $ 0 |
| COLUMBIA, MO | 4 | $ 240,000 | $ 60,000 | $ 0 |
| JACKSON, TN | 4 | $ 134,000 | $ 33,000 | $ 0 |
| POCATELLO, ID | 4 | $ 120,000 | $ 30,000 | $ 0 |
| WICHITA FALLS, TX | 4 | $ 170,000 | $ 42,000 | $ 0 |
| ATHENS, GA | 3 | $ 187,000 | $ 62,000 | $ 0 |
| BATON ROUGE, LA | 3 | $ 97,000 | $ 32,000 | $ 41,000 |
| CLARKSVILLE-HOPKINSVILLE, TN-KY | 3 | $ 157,000 | $ 52,000 | $ 46,000 |
| GREAT FALLS, MT | 3 | $ 74,000 | $ 24,000 | $ 0 |
| HUNTSVILLE, AL | 3 | $ 524,000 | $ 174,000 | $ 34,000 |
| LAREDO, TX | 3 | $ 86,000 | $ 28,000 | $ 0 |
| LITTLE ROCK-NORTH LITTLE ROCK, AR | 3 | $ 492,000 | $ 164,000 | $ 85,000 |
| OWENSBORO, KY | 3 | $ 127,000 | $ 42,000 | $ 0 |
| STEUBENVILLE-WEIRTON, OH-WV | 3 | $ 235,000 | $ 78,000 | $ 0 |
| TEXARKANA, TX-AR | 3 | $ 58,000 | $ 19,000 | $ 0 |
| YAKIMA, WA | 3 | $ 63,000 | $ 21,000 | $ 0 |
| DECATUR, IL | 2 | $ 99,000 | $ 49,000 | $ 0 |
| ELMIRA, NY | 2 | $ 126,000 | $ 63,000 | $ 75,000 |
| GRAND FORKS, ND-MN | 2 | $ 224,000 | $ 112,000 | $ 0 |
| ABILENE, TX | 1 | $ 110,000 | $ 110,000 | $ 0 |
| ALBANY, GA | 1 | $ 89,000 | $ 89,000 | $ 0 |
| BIRMINGHAM, AL | 1 | $ 95,000 | $ 95,000 | $ 50,000 |
| LAFAYETTE, LA | 1 | $ 40,000 | $ 40,000 | $ 0 |
| MOBILE, AL | 1 | $ 42,000 | $ 42,000 | $ 0 |
| NEW ORLEANS, LA | 1 | $ 17,000 | $ 17,000 | $ 0 |
| PARKERSBURG-MARIETTA, WV-OH | 1 | $ 36,000 | $ 36,000 | $ 0 |
| SAN ANGELO, TX | 1 | $ 16,000 | $ 16,000 | $ 0 |
| SUMTER, SC | 1 | $ 75,000 | $ 75,000 | $ 74,000 |
| WACO, TX | 1 | $ 479,000 | $ 479,000 | $ 0 |
| WHEELING, WV-OH | 1 | $ 57,000 | $ 57,000 | $ 0 |
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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Sovereign Bank's 2003 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.