Sovereign Bank Mortgage Lending & HMDA Data, 2004
In 2004, Sovereign Bank of Wyomissing, PA reported 84,144 mortgage applications totaling $9.9 billion, up 1% from 2003. The average application was for $118,162, and applicants reported an average income of $40,988. 36% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Philadelphia, PA (7,187), Edison, NJ (3,853) and Boston-Quincy, MA (3,514) (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 | 84,144 |
| Total Mortgage Loan Application Amount | $9,942,679,000 |
| Average Mortgage Loan Application Amount | $118,162 |
| Highest Mortgage Loan Application Amount | $9,770,000 |
| Average Applicant Income | $40,988 |
| Highest Applicant Income | $9,691,000 |
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Act (HMDA) records Sovereign Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| 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 | 7,187 | $ 898,307,000 | $ 124,990 | $ 63,000 |
| Edison, NJ | 3,853 | $ 561,520,000 | $ 145,735 | $ 66,000 |
| Boston-Quincy, MA | 3,514 | $ 728,673,000 | $ 207,362 | $ 74,000 |
| Providence-New Bedford-Fall River, RI-MA | 2,641 | $ 376,165,000 | $ 142,432 | $ 64,000 |
| Los Angeles-Long Beach-Glendale, CA | 1,883 | $ 240,081,000 | $ 127,499 | $ 77,000 |
| Hartford-West Hartford-East Hartford, CT | 1,815 | $ 257,692,000 | $ 141,979 | $ 63,000 |
| Newark-Union, NJ-PA | 1,649 | $ 262,440,000 | $ 159,151 | $ 73,000 |
| Cambridge-Newton-Framingham, MA | 1,616 | $ 324,147,000 | $ 200,586 | $ 71,000 |
| Riverside-San Bernardino-Ontario, CA | 1,602 | $ 134,227,000 | $ 83,787 | $ 51,000 |
| Chicago-Naperville-Joliet, IL | 1,534 | $ 151,738,000 | $ 98,916 | $ 56,000 |
| Reading, PA | 1,527 | $ 144,678,000 | $ 94,746 | $ 48,000 |
| Worcester, MA | 1,318 | $ 190,060,000 | $ 144,203 | $ 65,000 |
| Phoenix-Mesa-Scottsdale, AZ | 1,226 | $ 66,806,000 | $ 54,491 | $ 7,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 1,189 | $ 95,459,000 | $ 80,285 | $ 21,000 |
| Essex County, MA | 1,054 | $ 192,075,000 | $ 182,234 | $ 67,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 1,026 | $ 102,499,000 | $ 99,901 | $ 50,000 |
| Barnstable Town, MA | 994 | $ 253,757,000 | $ 255,288 | $ 122,000 |
| Camden, NJ | 946 | $ 110,220,000 | $ 116,511 | $ 59,000 |
| San Diego-Carlsbad-San Marcos, CA | 919 | $ 112,231,000 | $ 122,122 | $ 61,000 |
| Atlanta-Sandy Springs-Marietta, GA | 904 | $ 69,207,000 | $ 76,556 | $ 18,000 |
| Baltimore-Towson, MD | 830 | $ 77,270,000 | $ 93,096 | $ 44,000 |
| Albany-Schenectady-Troy, NY | 780 | $ 98,887,000 | $ 126,778 | $ 56,000 |
| Lancaster, PA | 743 | $ 75,361,000 | $ 101,427 | $ 49,000 |
| New York-Wayne-White Plains, NY-NJ | 704 | $ 161,491,000 | $ 229,390 | $ 45,000 |
| Seattle-Bellevue-Everett, WA | 700 | $ 61,471,000 | $ 87,815 | $ 15,000 |
| Las Vegas-Paradise, NV | 689 | $ 52,380,000 | $ 76,023 | $ 244,000 |
| Denver-Aurora, CO | 678 | $ 54,113,000 | $ 79,812 | $ 16,000 |
| Santa Ana-Anaheim-Irvine, CA | 619 | $ 102,136,000 | $ 165,001 | $ 62,000 |
| Williamsport, PA | 570 | $ 44,080,000 | $ 77,333 | $ 53,000 |
| Trenton-Ewing, NJ | 561 | $ 68,671,000 | $ 122,408 | $ 58,000 |
| St. Louis, MO-IL | 538 | $ 35,438,000 | $ 65,869 | $ 15,000 |
| Miami-Miami Beach-Kendall, FL | 534 | $ 39,247,000 | $ 73,496 | $ 73,000 |
| New Haven-Milford, CT | 520 | $ 63,929,000 | $ 122,940 | $ 61,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 518 | $ 45,448,000 | $ 87,737 | $ 51,000 |
| Rockingham County-Strafford County, NH | 518 | $ 77,031,000 | $ 148,708 | $ 72,000 |
| Portland-Vancouver-Beaverton, OR-WA | 506 | $ 32,489,000 | $ 64,207 | $ 0 |
| Sacramento--Arden-Arcade--Roseville, CA | 506 | $ 44,628,000 | $ 88,197 | $ 23,000 |
| Wilmington, DE-MD-NJ | 500 | $ 58,594,000 | $ 117,188 | $ 57,000 |
| Nassau-Suffolk, NY | 493 | $ 107,403,000 | $ 217,855 | $ 34,000 |
| Orlando, FL | 492 | $ 36,807,000 | $ 74,810 | $ 24,000 |
| Tampa-St. Petersburg-Clearwater, FL | 481 | $ 35,253,000 | $ 73,291 | $ 32,000 |
| Oakland-Fremont-Hayward, CA | 458 | $ 62,403,000 | $ 136,251 | $ 48,000 |
| Springfield, MA | 445 | $ 49,728,000 | $ 111,748 | $ 53,000 |
| Cleveland-Elyria-Mentor, OH | 420 | $ 34,396,000 | $ 81,895 | $ 31,000 |
| Indianapolis, IN | 417 | $ 37,156,000 | $ 89,103 | $ 40,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 413 | $ 28,161,000 | $ 68,186 | $ 19,000 |
| Bridgeport-Stamford-Norwalk, CT | 412 | $ 103,919,000 | $ 252,230 | $ 80,000 |
| Dallas-Plano-Irving, TX | 405 | $ 28,262,000 | $ 69,782 | $ 0 |
| Milwaukee-Waukesha-West Allis, WI | 400 | $ 26,418,000 | $ 66,045 | $ 36,000 |
| Manchester-Nashua, NH | 384 | $ 48,610,000 | $ 126,588 | $ 68,000 |
| Charlotte-Gastonia-Concord, NC-SC | 378 | $ 29,569,000 | $ 78,224 | $ 25,000 |
| Harrisburg-Carlisle, PA | 359 | $ 36,043,000 | $ 100,398 | $ 50,000 |
| Cincinnati-Middletown, OH-KY-IN | 355 | $ 20,884,000 | $ 58,828 | $ 16,000 |
| Bethesda-Frederick-Gaithersburg, MD | 354 | $ 50,568,000 | $ 142,847 | $ 46,000 |
| Houston-Baytown-Sugar Land, TX | 354 | $ 26,701,000 | $ 75,426 | $ 0 |
| Stockton, CA | 354 | $ 25,109,000 | $ 70,929 | $ 18,000 |
| Tacoma, WA | 333 | $ 19,239,000 | $ 57,774 | $ 0 |
| Modesto, CA | 327 | $ 20,651,000 | $ 63,152 | $ 16,000 |
| West Palm Beach-Boca Raton-Boynton Beach, FL | 321 | $ 46,272,000 | $ 144,149 | $ 77,000 |
| Kansas City, MO-KS | 299 | $ 15,168,000 | $ 50,729 | $ 13,000 |
| Pittsburgh, PA | 279 | $ 18,957,000 | $ 67,946 | $ 27,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 267 | $ 46,261,000 | $ 173,262 | $ 103,000 |
| Columbus, OH | 264 | $ 19,829,000 | $ 75,109 | $ 7,000 |
| Nashville-Davidson--Murfreesboro, TN | 260 | $ 18,010,000 | $ 69,269 | $ 20,000 |
| Salt Lake City, UT | 256 | $ 16,784,000 | $ 65,562 | $ 5,000 |
| Warren-Farmington Hills-Troy, MI | 253 | $ 24,692,000 | $ 97,596 | $ 3,000 |
| Richmond, VA | 252 | $ 18,920,000 | $ 75,079 | $ 17,000 |
| Poughkeepsie-Newburgh-Middletown, NY | 243 | $ 36,458,000 | $ 150,032 | $ 47,000 |
| Raleigh-Cary, NC | 242 | $ 24,481,000 | $ 101,161 | $ 28,000 |
| Ocean City, NJ | 233 | $ 61,710,000 | $ 264,849 | $ 100,000 |
| Cape Coral-Fort Myers, FL | 230 | $ 23,358,000 | $ 101,556 | $ 24,000 |
| York-Hanover, PA | 222 | $ 19,376,000 | $ 87,279 | $ 48,000 |
| Fort Worth-Arlington, TX | 214 | $ 11,777,000 | $ 55,032 | $ 13,000 |
| Fresno, CA | 208 | $ 13,341,000 | $ 64,139 | $ 0 |
| Atlantic City, NJ | 205 | $ 34,516,000 | $ 168,370 | $ 64,000 |
| Memphis, TN-MS-AR | 192 | $ 10,695,000 | $ 55,703 | $ 0 |
| Detroit-Livonia-Dearborn, MI | 188 | $ 13,903,000 | $ 73,952 | $ 90,000 |
| Jacksonville, FL | 188 | $ 13,860,000 | $ 73,723 | $ 14,000 |
| Burlington-South Burlington, VT | 174 | $ 25,183,000 | $ 144,729 | $ 56,000 |
| Akron, OH | 173 | $ 11,936,000 | $ 68,994 | $ 14,000 |
| Colorado Springs, CO | 171 | $ 12,412,000 | $ 72,584 | $ 0 |
| Greensboro-High Point, NC | 170 | $ 15,299,000 | $ 89,994 | $ 43,000 |
| Bakersfield, CA | 168 | $ 8,876,000 | $ 52,833 | $ 27,000 |
| Tucson, AZ | 157 | $ 10,935,000 | $ 69,649 | $ 27,000 |
| Scranton--Wilkes-Barre, PA | 156 | $ 14,010,000 | $ 89,807 | $ 50,000 |
| Norwich-New London, CT | 147 | $ 22,673,000 | $ 154,238 | $ 60,000 |
| Buffalo-Niagara Falls, NY | 142 | $ 8,418,000 | $ 59,281 | $ 30,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 137 | $ 26,799,000 | $ 195,613 | $ 70,000 |
| Boise City-Nampa, ID | 135 | $ 6,595,000 | $ 48,851 | $ 0 |
| Charleston-North Charleston, SC | 132 | $ 12,033,000 | $ 91,159 | $ 18,000 |
| Des Moines, IA | 132 | $ 6,425,000 | $ 48,674 | $ 6,000 |
| Lake County-Kenosha County, IL-WI | 132 | $ 16,803,000 | $ 127,295 | $ 63,000 |
| Glens Falls, NY | 128 | $ 14,226,000 | $ 111,140 | $ 48,000 |
| Knoxville, TN | 127 | $ 6,368,000 | $ 50,141 | $ 3,000 |
| Portland-South Portland-Biddeford, ME | 127 | $ 19,782,000 | $ 155,763 | $ 45,000 |
| State College, PA | 126 | $ 12,431,000 | $ 98,658 | $ 52,000 |
| San Francisco-San Mateo-Redwood City, CA | 124 | $ 31,518,000 | $ 254,177 | $ 62,000 |
| Omaha-Council Bluffs, NE-IA | 122 | $ 5,774,000 | $ 47,327 | $ 0 |
| Lebanon, PA | 120 | $ 12,296,000 | $ 102,466 | $ 50,000 |
| Salem, OR | 119 | $ 5,275,000 | $ 44,327 | $ 0 |
| Toledo, OH | 119 | $ 7,534,000 | $ 63,310 | $ 21,000 |
| Provo-Orem, UT | 118 | $ 6,481,000 | $ 54,923 | $ 0 |
| Vallejo-Fairfield, CA | 118 | $ 10,939,000 | $ 92,703 | $ 42,000 |
| Columbia, SC | 115 | $ 7,743,000 | $ 67,330 | $ 1,000 |
| Louisville, KY-IN | 114 | $ 7,384,000 | $ 64,771 | $ 5,000 |
| Gary, IN | 113 | $ 9,269,000 | $ 82,026 | $ 30,000 |
| Eugene-Springfield, OR | 111 | $ 5,170,000 | $ 46,576 | $ 0 |
| Merced, CA | 110 | $ 6,341,000 | $ 57,645 | $ 0 |
| Asheville, NC | 109 | $ 9,338,000 | $ 85,669 | $ 33,000 |
| Austin-Round Rock, TX | 109 | $ 9,988,000 | $ 91,633 | $ 0 |
| Naples-Marco Island, FL | 107 | $ 19,452,000 | $ 181,794 | $ 64,000 |
| Albuquerque, NM | 106 | $ 6,770,000 | $ 63,867 | $ 0 |
| Port St. Lucie-Fort Pierce, FL | 103 | $ 13,147,000 | $ 127,640 | $ 25,000 |
| South Bend-Mishawaka, IN-MI | 102 | $ 8,168,000 | $ 80,078 | $ 25,000 |
| Sarasota-Bradenton-Venice, FL | 100 | $ 15,112,000 | $ 151,120 | $ 47,000 |
| Winston-Salem, NC | 99 | $ 9,462,000 | $ 95,575 | $ 31,000 |
| Dayton, OH | 97 | $ 5,689,000 | $ 58,649 | $ 8,000 |
| Palm Bay-Melbourne-Titusville, FL | 94 | $ 10,203,000 | $ 108,542 | $ 26,000 |
| Grand Rapids-Wyoming, MI | 91 | $ 6,551,000 | $ 71,989 | $ 0 |
| Ogden-Clearfield, UT | 91 | $ 5,623,000 | $ 61,791 | $ 0 |
| Dover, DE | 88 | $ 8,802,000 | $ 100,022 | $ 45,000 |
| Fort Wayne, IN | 88 | $ 7,386,000 | $ 83,931 | $ 56,000 |
| San Antonio, TX | 88 | $ 6,458,000 | $ 73,386 | $ 0 |
| Wichita, KS | 87 | $ 3,850,000 | $ 44,252 | $ 12,000 |
| Greenville, SC | 85 | $ 6,277,000 | $ 73,847 | $ 21,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 84 | $ 6,965,000 | $ 82,916 | $ 11,000 |
| Roanoke, VA | 84 | $ 5,561,000 | $ 66,202 | $ 15,000 |
| Tulsa, OK | 81 | $ 4,762,000 | $ 58,790 | $ 2,000 |
| Madison, WI | 80 | $ 5,579,000 | $ 69,737 | $ 6,000 |
| Rochester, NY | 77 | $ 5,136,000 | $ 66,701 | $ 57,000 |
| Durham, NC | 76 | $ 7,173,000 | $ 94,381 | $ 30,000 |
| Syracuse, NY | 75 | $ 5,664,000 | $ 75,520 | $ 45,000 |
| Greeley, CO | 72 | $ 4,677,000 | $ 64,958 | $ 0 |
| Chattanooga, TN-GA | 69 | $ 4,010,000 | $ 58,115 | $ 0 |
| Olympia, WA | 68 | $ 4,217,000 | $ 62,014 | $ 51,000 |
| Hickory-Lenoir-Morganton, NC | 67 | $ 4,480,000 | $ 66,865 | $ 24,000 |
| Lexington-Fayette, KY | 66 | $ 3,059,000 | $ 46,348 | $ 8,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 65 | $ 14,698,000 | $ 226,123 | $ 47,000 |
| Canton-Massillon, OH | 63 | $ 4,681,000 | $ 74,301 | $ 34,000 |
| Evansville, IN-KY | 63 | $ 4,302,000 | $ 68,285 | $ 15,000 |
| Lakeland, FL | 63 | $ 3,893,000 | $ 61,793 | $ 10,000 |
| Oklahoma City, OK | 62 | $ 4,110,000 | $ 66,290 | $ 0 |
| Utica-Rome, NY | 61 | $ 5,859,000 | $ 96,049 | $ 45,000 |
| El Paso, TX | 59 | $ 2,395,000 | $ 40,593 | $ 0 |
| Fort Collins-Loveland, CO | 59 | $ 4,054,000 | $ 68,711 | $ 23,000 |
| Bremerton-Silverdale, WA | 58 | $ 4,806,000 | $ 82,862 | $ 0 |
| Lincoln, NE | 58 | $ 3,066,000 | $ 52,862 | $ 0 |
| Flint, MI | 56 | $ 3,687,000 | $ 65,839 | $ 57,000 |
| Vineland-Millville-Bridgeton, NJ | 56 | $ 5,767,000 | $ 102,982 | $ 31,000 |
| Reno-Sparks, NV | 55 | $ 5,047,000 | $ 91,763 | $ 0 |
| Salinas, CA | 55 | $ 10,038,000 | $ 182,509 | $ 0 |
| Santa Rosa-Petaluma, CA | 55 | $ 7,013,000 | $ 127,509 | $ 0 |
| Visalia-Porterville, CA | 53 | $ 4,043,000 | $ 76,283 | $ 0 |
| Pensacola-Ferry Pass-Brent, FL | 52 | $ 3,235,000 | $ 62,211 | $ 35,000 |
| Bloomington, IN | 48 | $ 3,379,000 | $ 70,395 | $ 18,000 |
| Wilmington, NC | 48 | $ 5,828,000 | $ 121,416 | $ 27,000 |
| Yuba City, CA | 48 | $ 3,410,000 | $ 71,041 | $ 0 |
| Lansing-East Lansing, MI | 47 | $ 3,475,000 | $ 73,936 | $ 0 |
| Kingston, NY | 45 | $ 6,288,000 | $ 139,733 | $ 43,000 |
| Savannah, GA | 45 | $ 4,450,000 | $ 98,888 | $ 20,000 |
| Youngstown-Warren-Boardman, OH-PA | 43 | $ 2,627,000 | $ 61,093 | $ 0 |
| Cedar Rapids, IA | 42 | $ 2,071,000 | $ 49,309 | $ 0 |
| Davenport-Moline-Rock Island, IA-IL | 41 | $ 2,693,000 | $ 65,682 | $ 0 |
| Elkhart-Goshen, IN | 41 | $ 3,632,000 | $ 88,585 | $ 35,000 |
| Tallahassee, FL | 40 | $ 3,299,000 | $ 82,475 | $ 10,000 |
| Spokane, WA | 39 | $ 1,503,000 | $ 38,538 | $ 0 |
| Lynchburg, VA | 38 | $ 2,867,000 | $ 75,447 | $ 26,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC | 38 | $ 2,969,000 | $ 78,131 | $ 32,000 |
| El Centro, CA | 37 | $ 1,896,000 | $ 51,243 | $ 28,000 |
| Janesville, WI | 37 | $ 2,270,000 | $ 61,351 | $ 0 |
| Sioux Falls, SD | 37 | $ 2,567,000 | $ 69,378 | $ 0 |
| Madera, CA | 36 | $ 2,176,000 | $ 60,444 | $ 15,000 |
| Rockford, IL | 36 | $ 2,394,000 | $ 66,500 | $ 0 |
| Boulder, CO | 35 | $ 6,547,000 | $ 187,057 | $ 41,000 |
| Spartanburg, SC | 34 | $ 1,997,000 | $ 58,735 | $ 0 |
| Ann Arbor, MI | 33 | $ 3,636,000 | $ 110,181 | $ 81,000 |
| Jackson, MS | 33 | $ 2,245,000 | $ 68,030 | $ 6,000 |
| Prescott, AZ | 33 | $ 2,510,000 | $ 76,060 | $ 0 |
| Bend, OR | 32 | $ 2,066,000 | $ 64,562 | $ 0 |
| Ocala, FL | 32 | $ 1,490,000 | $ 46,562 | $ 38,000 |
| Santa Barbara-Santa Maria-Goleta, CA | 32 | $ 5,918,000 | $ 184,937 | $ 81,000 |
| Kalamazoo-Portage, MI | 31 | $ 3,095,000 | $ 99,838 | $ 0 |
| Punta Gorda, FL | 31 | $ 3,217,000 | $ 103,774 | $ 26,000 |
| Racine, WI | 31 | $ 1,720,000 | $ 55,483 | $ 0 |
| Charlottesville, VA | 30 | $ 2,564,000 | $ 85,466 | $ 0 |
| Fargo, ND-MN | 30 | $ 1,348,000 | $ 44,933 | $ 0 |
| Oshkosh-Neenah, WI | 30 | $ 1,586,000 | $ 52,866 | $ 0 |
| St. Cloud, MN | 30 | $ 1,326,000 | $ 44,200 | $ 0 |
| Winchester, VA-WV | 30 | $ 2,103,000 | $ 70,100 | $ 21,000 |
| Fort Walton Beach-Crestview-Destin, FL | 29 | $ 4,060,000 | $ 140,000 | $ 0 |
| Kennewick-Richland-Pasco, WA | 29 | $ 1,453,000 | $ 50,103 | $ 0 |
| Medford, OR | 29 | $ 2,404,000 | $ 82,896 | $ 0 |
| Rochester, MN | 29 | $ 1,644,000 | $ 56,689 | $ 0 |
| Longview, WA | 28 | $ 1,316,000 | $ 47,000 | $ 0 |
| St. George, UT | 28 | $ 1,602,000 | $ 57,214 | $ 0 |
| Yuma, AZ | 28 | $ 1,824,000 | $ 65,142 | $ 0 |
| Chico, CA | 27 | $ 1,998,000 | $ 74,000 | $ 49,000 |
| Terre Haute, IN | 27 | $ 1,756,000 | $ 65,037 | $ 11,000 |
| Charleston, WV | 26 | $ 1,591,000 | $ 61,192 | $ 10,000 |
| Cleveland, TN | 26 | $ 991,000 | $ 38,115 | $ 0 |
| Duluth, MN-WI | 26 | $ 1,591,000 | $ 61,192 | $ 17,000 |
| Topeka, KS | 26 | $ 1,230,000 | $ 47,307 | $ 0 |
| Bellingham, WA | 25 | $ 2,356,000 | $ 94,240 | $ 0 |
| Binghamton, NY | 25 | $ 1,648,000 | $ 65,920 | $ 45,000 |
| Hagerstown-Martinsburg, MD-WV | 25 | $ 2,245,000 | $ 89,800 | $ 4,000 |
| Redding, CA | 25 | $ 1,877,000 | $ 75,080 | $ 0 |
| Springfield, MO | 25 | $ 1,276,000 | $ 51,040 | $ 0 |
| Warner Robins, GA | 25 | $ 1,878,000 | $ 75,120 | $ 0 |
| Anderson, SC | 24 | $ 1,652,000 | $ 68,833 | $ 50,000 |
| Appleton, WI | 24 | $ 1,464,000 | $ 61,000 | $ 14,000 |
| Columbus, GA-AL | 24 | $ 1,988,000 | $ 82,833 | $ 0 |
| Green Bay, WI | 24 | $ 1,853,000 | $ 77,208 | $ 0 |
| Macon, GA | 24 | $ 1,416,000 | $ 59,000 | $ 19,000 |
| Clarksville, TN-KY | 23 | $ 1,228,000 | $ 53,391 | $ 0 |
| Corvallis, OR | 23 | $ 2,148,000 | $ 93,391 | $ 0 |
| Pittsfield, MA | 23 | $ 3,863,000 | $ 167,956 | $ 41,000 |
| Bangor, ME | 22 | $ 1,190,000 | $ 54,090 | $ 67,000 |
| Johnson City, TN | 22 | $ 812,000 | $ 36,909 | $ 2,000 |
| Salisbury, MD | 22 | $ 1,723,000 | $ 78,318 | $ 37,000 |
| Anderson, IN | 21 | $ 1,257,000 | $ 59,857 | $ 38,000 |
| Fayetteville, NC | 21 | $ 934,000 | $ 44,476 | $ 0 |
| Gainesville, FL | 21 | $ 2,654,000 | $ 126,380 | $ 33,000 |
| San Luis Obispo-Paso Robles, CA | 21 | $ 4,599,000 | $ 219,000 | $ 0 |
| Yakima, WA | 21 | $ 700,000 | $ 33,333 | $ 0 |
| Altoona, PA | 20 | $ 1,570,000 | $ 78,500 | $ 39,000 |
| Holland-Grand Haven, MI | 20 | $ 1,227,000 | $ 61,350 | $ 0 |
| Jackson, MI | 20 | $ 1,531,000 | $ 76,550 | $ 0 |
| Napa, CA | 20 | $ 3,748,000 | $ 187,400 | $ 2,000 |
| Rapid City, SD | 20 | $ 1,005,000 | $ 50,250 | $ 0 |
| Beaumont-Port Arthur, TX | 19 | $ 946,000 | $ 49,789 | $ 0 |
| Burlington, NC | 19 | $ 1,567,000 | $ 82,473 | $ 30,000 |
| Coeur D'Alene, ID | 19 | $ 1,463,000 | $ 77,000 | $ 0 |
| Niles-Benton Harbor, MI | 19 | $ 1,497,000 | $ 78,789 | $ 26,000 |
| Panama City-Lynn Haven, FL | 19 | $ 1,633,000 | $ 85,947 | $ 9,000 |
| Santa Cruz-Watsonville, CA | 19 | $ 3,404,000 | $ 179,157 | $ 0 |
| McAllen-Edinburg-Pharr, TX | 18 | $ 1,152,000 | $ 64,000 | $ 0 |
| Michigan City-La Porte, IN | 18 | $ 1,360,000 | $ 75,555 | $ 18,000 |
| Monroe, MI | 18 | $ 1,400,000 | $ 77,777 | $ 19,000 |
| Pueblo, CO | 18 | $ 1,276,000 | $ 70,888 | $ 0 |
| Blacksburg-Christiansburg-Radford, VA | 17 | $ 1,348,000 | $ 79,294 | $ 17,000 |
| Flagstaff, AZ | 17 | $ 1,339,000 | $ 78,764 | $ 0 |
| Hanford-Corcoran, CA | 17 | $ 744,000 | $ 43,764 | $ 0 |
| Jacksonville, NC | 17 | $ 1,295,000 | $ 76,176 | $ 44,000 |
| Erie, PA | 16 | $ 899,000 | $ 56,187 | $ 36,000 |
| Mansfield, OH | 16 | $ 1,348,000 | $ 84,250 | $ 0 |
| Muskegon-Norton Shores, MI | 16 | $ 785,000 | $ 49,062 | $ 0 |
| Peoria, IL | 16 | $ 1,153,000 | $ 72,062 | $ 0 |
| Augusta-Richmond County, GA-SC | 15 | $ 1,966,000 | $ 131,066 | $ 19,000 |
| Eau Claire, WI | 15 | $ 745,000 | $ 49,666 | $ 0 |
| Gainesville, GA | 15 | $ 1,114,000 | $ 74,266 | $ 27,000 |
| Mount Vernon-Anacortes, WA | 15 | $ 911,000 | $ 60,733 | $ 0 |
| St. Joseph, MO-KS | 15 | $ 742,000 | $ 49,466 | $ 0 |
| Battle Creek, MI | 14 | $ 734,000 | $ 52,428 | $ 0 |
| Casper, WY | 14 | $ 462,000 | $ 33,000 | $ 0 |
| Killeen-Temple-Fort Hood, TX | 14 | $ 641,000 | $ 45,785 | $ 0 |
| Kokomo, IN | 14 | $ 987,000 | $ 70,500 | $ 9,000 |
| Las Cruces, NM | 14 | $ 775,000 | $ 55,357 | $ 0 |
| Muncie, IN | 14 | $ 1,172,000 | $ 83,714 | $ 14,000 |
| Springfield, OH | 14 | $ 1,182,000 | $ 84,428 | $ 0 |
| Waterloo-Cedar Falls, IA | 14 | $ 515,000 | $ 36,785 | $ 0 |
| Wausau, WI | 14 | $ 622,000 | $ 44,428 | $ 0 |
| Greenville, NC | 13 | $ 958,000 | $ 73,692 | $ 29,000 |
| Saginaw-Saginaw Township North, MI | 13 | $ 652,000 | $ 50,153 | $ 0 |
| Champaign-Urbana, IL | 12 | $ 800,000 | $ 66,666 | $ 0 |
| Idaho Falls, ID | 12 | $ 1,448,000 | $ 120,666 | $ 0 |
| Kingsport-Bristol-Bristol, TN-VA | 12 | $ 410,000 | $ 34,166 | $ 0 |
| Missoula, MT | 12 | $ 2,059,000 | $ 171,583 | $ 0 |
| Sheboygan, WI | 12 | $ 1,077,000 | $ 89,750 | $ 40,000 |
| Athens-Clarke County, GA | 11 | $ 1,247,000 | $ 113,363 | $ 0 |
| Columbus, IN | 11 | $ 634,000 | $ 57,636 | $ 0 |
| Florence, SC | 11 | $ 434,000 | $ 39,454 | $ 0 |
| Iowa City, IA | 11 | $ 813,000 | $ 73,909 | $ 0 |
| Lafayette, IN | 11 | $ 913,000 | $ 83,000 | $ 24,000 |
| Lewiston-Auburn, ME | 11 | $ 1,046,000 | $ 95,090 | $ 10,000 |
| Morristown, TN | 11 | $ 753,000 | $ 68,454 | $ 0 |
| Santa Fe, NM | 11 | $ 3,518,000 | $ 319,818 | $ 0 |
| Amarillo, TX | 10 | $ 503,000 | $ 50,300 | $ 0 |
| Corpus Christi, TX | 10 | $ 284,000 | $ 28,400 | $ 0 |
| Dalton, GA | 10 | $ 692,000 | $ 69,200 | $ 0 |
| Danville, VA | 10 | $ 677,000 | $ 67,700 | $ 0 |
| Harrisonburg, VA | 10 | $ 443,000 | $ 44,300 | $ 0 |
| Jackson, TN | 10 | $ 460,000 | $ 46,000 | $ 0 |
| Logan, UT-ID | 10 | $ 589,000 | $ 58,900 | $ 0 |
| Springfield, IL | 10 | $ 539,000 | $ 53,900 | $ 34,000 |
| Tyler, TX | 10 | $ 347,000 | $ 34,700 | $ 0 |
| Owensboro, KY | 9 | $ 401,000 | $ 44,555 | $ 0 |
| Bowling Green, KY | 8 | $ 795,000 | $ 99,375 | $ 0 |
| Brunswick, GA | 8 | $ 476,000 | $ 59,500 | $ 0 |
| Cheyenne, WY | 8 | $ 291,000 | $ 36,375 | $ 0 |
| Dubuque, IA | 8 | $ 1,008,000 | $ 126,000 | $ 0 |
| Hinesville-Fort Stewart, GA | 8 | $ 526,000 | $ 65,750 | $ 23,000 |
| Johnstown, PA | 8 | $ 565,000 | $ 70,625 | $ 31,000 |
| Joplin, MO | 8 | $ 458,000 | $ 57,250 | $ 0 |
| Lawrence, KS | 8 | $ 982,000 | $ 122,750 | $ 20,000 |
| Pocatello, ID | 8 | $ 432,000 | $ 54,000 | $ 0 |
| Rocky Mount, NC | 8 | $ 657,000 | $ 82,125 | $ 21,000 |
| Sandusky, OH | 8 | $ 533,000 | $ 66,625 | $ 0 |
| Vero Beach, FL | 8 | $ 713,000 | $ 89,125 | $ 0 |
| Ames, IA | 7 | $ 234,000 | $ 33,428 | $ 18,000 |
| Billings, MT | 7 | $ 598,000 | $ 85,428 | $ 0 |
| Bismarck, ND | 7 | $ 205,000 | $ 29,285 | $ 0 |
| Bloomington-Normal, IL | 7 | $ 321,000 | $ 45,857 | $ 0 |
| Columbia, MO | 7 | $ 387,000 | $ 55,285 | $ 0 |
| Elizabethtown, KY | 7 | $ 300,000 | $ 42,857 | $ 0 |
| Fond Du Lac, WI | 7 | $ 394,000 | $ 56,285 | $ 0 |
| Goldsboro, NC | 7 | $ 339,000 | $ 48,428 | $ 0 |
| Grand Junction, CO | 7 | $ 534,000 | $ 76,285 | $ 0 |
| Gulfport-Biloxi, MS | 7 | $ 288,000 | $ 41,142 | $ 0 |
| Hattiesburg, MS | 7 | $ 762,000 | $ 108,857 | $ 0 |
| Ithaca, NY | 7 | $ 566,000 | $ 80,857 | $ 97,000 |
| Kankakee-Bradley, IL | 7 | $ 352,000 | $ 50,285 | $ 0 |
| La Crosse, WI-MN | 7 | $ 337,000 | $ 48,142 | $ 0 |
| Laredo, TX | 7 | $ 306,000 | $ 43,714 | $ 0 |
| Sherman-Denison, TX | 7 | $ 273,000 | $ 39,000 | $ 0 |
| College Station-Bryan, TX | 6 | $ 171,000 | $ 28,500 | $ 0 |
| Cumberland, MD-WV | 6 | $ 370,000 | $ 61,666 | $ 0 |
| Elmira, NY | 6 | $ 225,000 | $ 37,500 | $ 0 |
| Great Falls, MT | 6 | $ 692,000 | $ 115,333 | $ 0 |
| Jefferson City, MO | 6 | $ 596,000 | $ 99,333 | $ 0 |
| Pascagoula, MS | 6 | $ 242,000 | $ 40,333 | $ 0 |
| San Angelo, TX | 6 | $ 143,000 | $ 23,833 | $ 0 |
| Sioux City, IA-NE-SD | 6 | $ 165,000 | $ 27,500 | $ 0 |
| Wenatchee, WA | 6 | $ 346,000 | $ 57,666 | $ 0 |
| Albany, GA | 5 | $ 262,000 | $ 52,400 | $ 0 |
| Bay City, MI | 5 | $ 342,000 | $ 68,400 | $ 6,000 |
| Huntington-Ashland, WV-KY-OH | 5 | $ 150,000 | $ 30,000 | $ 0 |
| Lewiston, ID-WA | 5 | $ 222,000 | $ 44,400 | $ 0 |
| Lubbock, TX | 5 | $ 165,000 | $ 33,000 | $ 0 |
| Parkersburg-Marietta, WV-OH | 5 | $ 154,000 | $ 30,800 | $ 0 |
| Sumter, SC | 5 | $ 302,000 | $ 60,400 | $ 0 |
| Carson City, NV | 4 | $ 173,000 | $ 43,250 | $ 0 |
| Danville, IL | 4 | $ 287,000 | $ 71,750 | $ 0 |
| Farmington, NM | 4 | $ 540,000 | $ 135,000 | $ 0 |
| Morgantown, WV | 4 | $ 171,000 | $ 42,750 | $ 47,000 |
| New Orleans-Metairie-Kenner, LA | 4 | $ 515,000 | $ 128,750 | $ 9,000 |
| Shreveport-Bossier City, LA | 4 | $ 107,000 | $ 26,750 | $ 0 |
| Valdosta, GA | 4 | $ 354,000 | $ 88,500 | $ 0 |
| Brownsville-Harlingen, TX | 3 | $ 91,000 | $ 30,333 | $ 0 |
| Lima, OH | 3 | $ 217,000 | $ 72,333 | $ 0 |
| Longview, TX | 3 | $ 63,000 | $ 21,000 | $ 0 |
| San Juan-Caguas-Guaynabo, PR | 3 | $ 277,000 | $ 92,333 | $ 0 |
| Texarkana, Tx-Texarkana, AR | 3 | $ 52,000 | $ 17,333 | $ 0 |
| Victoria, TX | 3 | $ 180,000 | $ 60,000 | $ 0 |
| Waco, TX | 3 | $ 121,000 | $ 40,333 | $ 0 |
| Wheeling, WV-OH | 3 | $ 149,000 | $ 49,666 | $ 0 |
| Abilene, TX | 2 | $ 112,000 | $ 56,000 | $ 0 |
| Decatur, IL | 2 | $ 70,000 | $ 35,000 | $ 0 |
| Honolulu, HI | 2 | $ 205,000 | $ 102,500 | $ 0 |
| Lawton, OK | 2 | $ 119,000 | $ 59,500 | $ 0 |
| Midland, TX | 2 | $ 106,000 | $ 53,000 | $ 0 |
| Odessa, TX | 2 | $ 103,000 | $ 51,500 | $ 0 |
| Tuscaloosa, AL | 2 | $ 540,000 | $ 270,000 | $ 85,000 |
| Weirton-Steubenville, WV-OH | 2 | $ 109,000 | $ 54,500 | $ 0 |
| Baton Rouge, LA | 1 | $ 18,000 | $ 18,000 | $ 0 |
| Birmingham-Hoover, AL | 1 | $ 199,000 | $ 199,000 | $ 0 |
| Decatur, AL | 1 | $ 72,000 | $ 72,000 | $ 0 |
| Dothan, AL | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Fayetteville-Springdale-Rogers, AR-MO | 1 | $ 45,000 | $ 45,000 | $ 95,000 |
| Gadsden, AL | 1 | $ 100,000 | $ 100,000 | $ 0 |
| Huntsville, AL | 1 | $ 20,000 | $ 20,000 | $ 31,000 |
| Little Rock-North Little Rock, AR | 1 | $ 25,000 | $ 25,000 | $ 29,000 |
| Montgomery, AL | 1 | $ 208,000 | $ 208,000 | $ 81,000 |
| Rome, GA | 1 | $ 235,000 | $ 235,000 | $ 0 |
| Wichita Falls, TX | 1 | $ 37,000 | $ 37,000 | $ 0 |
Mortgage Loan Application Detail Totals for Sovereign Bank in 2004
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 | 41,909 | $4,686,111,000 | $85,538 | $6,000,000 | $18,442 | $3,204,000 |
| Refinancing | 36,036 | $4,863,105,000 | $108,666 | $9,770,000 | $29,354 | $9,691,000 |
| Home Improvement | 6,199 | $393,463,000 | $58,173 | $2,078,000 | $24,152 | $4,628,000 |
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 |
|---|---|---|---|---|---|---|
| Not applicable | 43,950 | $3,742,491,000 | $78,666 | $9,770,000 | $803 | $1,250,000 |
| White | 30,939 | $4,911,151,000 | $146,595 | $6,000,000 | $79,000 | $4,628,000 |
| Not Provided | 2,813 | $374,014,000 | $104,054 | $2,000,000 | $55,081 | $842,000 |
| Hispanic | 2,419 | $342,570,000 | $145,681 | $750,000 | $50,409 | $9,691,000 |
| Black or African American | 2,332 | $298,704,000 | $145,375 | $1,100,000 | $50,708 | $3,426,000 |
| Asian | 1,518 | $250,151,000 | $179,391 | $974,000 | $61,956 | $688,000 |
| American Indian or Alaskan Native | 101 | $12,779,000 | $108,666 | $1,350,000 | $55,166 | $400,000 |
| Native Hawaiian or Other Pacific Islander | 72 | $10,819,000 | $203,133 | $595,000 | $71,733 | $513,000 |
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) | 83,414 | $9,841,973,000 | $91,903 | $9,770,000 | $23,442 | $9,691,000 |
| FHA-insured (Federal Housing Administration) | 685 | $93,664,000 | $155,181 | $441,000 | $56,818 | $430,000 |
| VA-guaranteed (Veterans Administration) | 43 | $6,619,000 | $156,375 | $321,000 | $62,125 | $118,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $423,000 | $211,000 | $238,000 | $81,000 | $87,000 |
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 Purchased By The Institution | 43,833 | $3,695,926,000 | $77,627 | $2,000,000 | $1,039 | $538,000 |
| Loan Originated | 30,179 | $4,785,087,000 | $156,868 | $9,770,000 | $81,789 | $9,691,000 |
| Application Denied By Financial Institution | 5,102 | $597,266,000 | $99,536 | $3,000,000 | $55,243 | $3,426,000 |
| Application Approved But Not Accepted | 3,570 | $602,008,000 | $140,392 | $3,500,000 | $63,142 | $1,400,000 |
| Application Withdrawn By Applicant | 1,061 | $200,889,000 | $159,772 | $2,000,000 | $79,227 | $4,628,000 |
| Preapproval Denied by Financial Institution | 283 | $37,283,000 | $131,000 | $450,000 | $41,000 | $150,000 |
| File Closed For Incompleteness | 116 | $24,220,000 | $200,400 | $1,600,000 | $39,066 | $216,000 |
| 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 | 2,244 | $221,783,000 | $91,600 | $3,000,000 | $61,600 | $3,426,000 |
| Debt-To-Income Ratio | 1,216 | $151,440,000 | $121,925 | $1,350,000 | $47,740 | $828,000 |
| Collateral | 728 | $91,705,000 | $110,357 | $700,000 | $65,321 | $700,000 |
| Other | 601 | $80,906,000 | $109,857 | $800,000 | $57,678 | $923,000 |
| Credit Application Incomplete | 267 | $52,533,000 | $165,142 | $1,450,000 | $53,285 | $600,000 |
| Mortgage Insurance Denied | 140 | $10,692,000 | $80,000 | $400,000 | $61,307 | $266,000 |
| Unverifiable Information | 119 | $16,519,000 | $103,090 | $500,000 | $45,909 | $185,000 |
| Employment History | 40 | $4,920,000 | $124,833 | $334,000 | $29,250 | $82,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 30 | $4,051,000 | $153,142 | $334,000 | $64,142 | $207,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Sovereign Bank's 2004 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.
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