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Act (HMDA) records Sovereign Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| 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 | 6,534 | $ 1,061,343,000 | $ 162,433 | $ 74,000 |
| Edison, NJ | 4,637 | $ 708,254,000 | $ 152,739 | $ 80,000 |
| Providence-New Bedford-Fall River, RI-MA | 4,184 | $ 566,507,000 | $ 135,398 | $ 74,009 |
| Boston-Quincy, MA | 3,490 | $ 586,885,000 | $ 168,161 | $ 86,000 |
| Chicago-Naperville-Joliet, IL | 3,155 | $ 741,978,000 | $ 235,175 | $ 69,000 |
| New York-White Plains-Wayne, NY-NJ | 2,531 | $ 1,316,608,000 | $ 520,192 | $ 64,000 |
| Newark-Union, NJ-PA | 2,164 | $ 386,606,000 | $ 178,653 | $ 80,625 |
| Cambridge-Newton-Framingham, MA | 2,066 | $ 335,550,000 | $ 162,415 | $ 88,000 |
| Reading, PA | 1,832 | $ 207,828,000 | $ 113,443 | $ 58,000 |
| Hartford-West Hartford-East Hartford, CT | 1,704 | $ 249,373,000 | $ 146,345 | $ 74,000 |
| Essex County, MA | 1,326 | $ 186,387,000 | $ 140,563 | $ 89,000 |
| Worcester, MA | 1,317 | $ 188,758,000 | $ 143,324 | $ 74,000 |
| Lancaster, PA | 1,283 | $ 142,012,000 | $ 110,687 | $ 71,000 |
| York-Hanover, PA | 1,246 | $ 119,247,000 | $ 95,703 | $ 65,000 |
| Harrisburg-Carlisle, PA | 1,142 | $ 132,171,000 | $ 115,736 | $ 74,000 |
| Oakland-Fremont-Hayward, CA | 1,094 | $ 436,944,000 | $ 399,400 | $ 49,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 1,065 | $ 135,192,000 | $ 126,940 | $ 67,866 |
| Los Angeles-Long Beach-Glendale, CA | 985 | $ 274,065,000 | $ 278,238 | $ 11,000 |
| St. Louis, MO-IL | 954 | $ 146,610,000 | $ 153,679 | $ 51,245 |
| Barnstable Town, MA | 941 | $ 233,440,000 | $ 248,076 | $ 82,000 |
| Denver-Aurora, CO | 939 | $ 90,158,000 | $ 96,014 | $ 13,000 |
| Atlanta-Sandy Springs-Marietta, GA | 933 | $ 102,900,000 | $ 110,289 | $ 11,000 |
| Albany-Schenectady-Troy, NY | 910 | $ 144,310,000 | $ 158,582 | $ 71,000 |
| Camden, NJ | 906 | $ 124,476,000 | $ 137,390 | $ 76,000 |
| Riverside-San Bernardino-Ontario, CA | 750 | $ 140,991,000 | $ 187,988 | $ 4,000 |
| Orlando-Kissimmee, FL | 725 | $ 132,554,000 | $ 182,833 | $ 19,000 |
| Indianapolis-Carmel, IN | 701 | $ 110,973,000 | $ 158,306 | $ 62,000 |
| Phoenix-Mesa-Scottsdale, AZ | 696 | $ 106,184,000 | $ 152,563 | $ 5,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 638 | $ 301,653,000 | $ 472,810 | $ 44,216 |
| Seattle-Bellevue-Everett, WA | 610 | $ 88,440,000 | $ 144,983 | $ 14,000 |
| Portland-Vancouver-Beaverton, OR-WA | 601 | $ 58,098,000 | $ 96,668 | $ 455 |
| Charlotte-Gastonia-Concord, NC-SC | 600 | $ 85,682,000 | $ 142,803 | $ 31,243 |
| Trenton-Ewing, NJ | 566 | $ 61,042,000 | $ 107,848 | $ 79,000 |
| Warren-Troy-Farmington Hills, MI | 553 | $ 76,567,000 | $ 138,457 | $ 58,000 |
| Raleigh-Cary, NC | 549 | $ 96,337,000 | $ 175,477 | $ 59,000 |
| Las Vegas-Paradise, NV | 542 | $ 73,841,000 | $ 136,238 | $ 1,000 |
| Baltimore-Towson, MD | 535 | $ 301,669,000 | $ 563,867 | $ 34,000 |
| Tampa-St. Petersburg-Clearwater, FL | 532 | $ 110,376,000 | $ 207,473 | $ 9,000 |
| Cincinnati-Middletown, OH-KY-IN | 529 | $ 58,825,000 | $ 111,200 | $ 24,810 |
| New Haven-Milford, CT | 524 | $ 94,100,000 | $ 179,580 | $ 63,000 |
| Rockingham County-Strafford County, NH | 486 | $ 67,902,000 | $ 139,716 | $ 90,000 |
| Wilmington, DE-MD-NJ | 486 | $ 95,372,000 | $ 196,238 | $ 68,211 |
| Kansas City, MO-KS | 481 | $ 55,405,000 | $ 115,187 | $ 41,359 |
| Gary, IN | 479 | $ 66,478,000 | $ 138,784 | $ 55,000 |
| Williamsport, PA | 475 | $ 31,187,000 | $ 65,656 | $ 76,000 |
| Sacramento--Arden-Arcade--Roseville, CA | 431 | $ 81,950,000 | $ 190,139 | $ 14,000 |
| Evansville, IN-KY | 407 | $ 49,699,000 | $ 122,110 | $ 65,690 |
| Nassau-Suffolk, NY | 402 | $ 125,850,000 | $ 313,059 | $ 62,000 |
| Miami-Miami Beach-Kendall, FL | 398 | $ 224,248,000 | $ 563,437 | $ 7,000 |
| Manchester-Nashua, NH | 393 | $ 55,435,000 | $ 141,055 | $ 80,000 |
| Pittsburgh, PA | 375 | $ 32,057,000 | $ 85,485 | $ 46,000 |
| Lebanon, PA | 371 | $ 36,852,000 | $ 99,331 | $ 58,000 |
| Springfield, MA | 370 | $ 45,819,000 | $ 123,835 | $ 59,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 361 | $ 98,866,000 | $ 273,867 | $ 21,000 |
| Bridgeport-Stamford-Norwalk, CT | 332 | $ 91,703,000 | $ 276,213 | $ 72,000 |
| Boise City-Nampa, ID | 330 | $ 17,990,000 | $ 54,515 | $ 1,000 |
| Bakersfield, CA | 327 | $ 36,617,000 | $ 111,978 | $ 2,000 |
| San Diego-Carlsbad-San Marcos, CA | 321 | $ 89,918,000 | $ 280,118 | $ 7,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 316 | $ 100,772,000 | $ 318,898 | $ 17,000 |
| Fort Wayne, IN | 282 | $ 28,718,000 | $ 101,836 | $ 49,000 |
| Nashville-Davidson--Murfreesboro, TN | 282 | $ 34,575,000 | $ 122,606 | $ 4,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 277 | $ 42,593,000 | $ 153,765 | $ 14,281 |
| Detroit-Livonia-Dearborn, MI | 268 | $ 26,529,000 | $ 98,988 | $ 24,000 |
| Atlantic City, NJ | 266 | $ 55,926,000 | $ 210,248 | $ 64,000 |
| Lake County-Kenosha County, IL-WI | 264 | $ 59,396,000 | $ 224,984 | $ 75,621 |
| Cleveland-Elyria-Mentor, OH | 262 | $ 20,293,000 | $ 77,454 | $ 14,000 |
| Scranton--Wilkes-Barre, PA | 260 | $ 29,002,000 | $ 111,546 | $ 63,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 244 | $ 48,146,000 | $ 197,319 | $ 7,000 |
| Santa Ana-Anaheim-Irvine, CA | 227 | $ 79,359,000 | $ 349,599 | $ 13,000 |
| West Palm Beach-Boca Raton-Boynton Beach, FL | 227 | $ 78,129,000 | $ 344,180 | $ 30,000 |
| Salt Lake City, UT | 220 | $ 18,568,000 | $ 84,400 | $ 3,000 |
| Tacoma, WA | 213 | $ 18,386,000 | $ 86,319 | $ 1,000 |
| Jacksonville, FL | 209 | $ 40,843,000 | $ 195,421 | $ 17,000 |
| Columbus, OH | 207 | $ 32,464,000 | $ 156,830 | $ 15,000 |
| Dallas-Plano-Irving, TX | 202 | $ 36,154,000 | $ 178,980 | $ 0 |
| Houston-Sugar Land-Baytown, TX | 199 | $ 27,744,000 | $ 139,417 | $ 3,000 |
| Ocean City, NJ | 199 | $ 72,766,000 | $ 365,658 | $ 195,000 |
| San Francisco-San Mateo-Redwood City, CA | 199 | $ 93,864,000 | $ 471,678 | $ 39,000 |
| Cape Coral-Fort Myers, FL | 195 | $ 49,189,000 | $ 252,251 | $ 65,000 |
| Milwaukee-Waukesha-West Allis, WI | 183 | $ 31,959,000 | $ 174,639 | $ 18,000 |
| Bethesda-Gaithersburg-Frederick, MD | 181 | $ 77,319,000 | $ 427,176 | $ 73,000 |
| Stockton, CA | 179 | $ 33,552,000 | $ 187,441 | $ 14,000 |
| Bloomington, IN | 174 | $ 25,052,000 | $ 143,977 | $ 60,000 |
| Fresno, CA | 169 | $ 20,697,000 | $ 122,467 | $ 14,000 |
| State College, PA | 168 | $ 20,443,000 | $ 121,684 | $ 75,000 |
| Montgomery, AL | 166 | $ 22,957,000 | $ 138,295 | $ 76,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 163 | $ 27,605,000 | $ 169,355 | $ 23,730 |
| Durham, NC | 157 | $ 24,600,000 | $ 156,687 | $ 52,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 156 | $ 31,334,000 | $ 200,858 | $ 17,000 |
| Colorado Springs, CO | 153 | $ 10,153,000 | $ 66,359 | $ 3,000 |
| Greensboro-High Point, NC | 152 | $ 18,200,000 | $ 119,736 | $ 41,000 |
| Glens Falls, NY | 148 | $ 18,898,000 | $ 127,689 | $ 57,000 |
| Hagerstown-Martinsburg, MD-WV | 148 | $ 18,037,000 | $ 121,871 | $ 57,885 |
| Sarasota-Bradenton-Venice, FL | 145 | $ 23,159,000 | $ 159,717 | $ 13,000 |
| Palm Bay-Melbourne-Titusville, FL | 143 | $ 35,594,000 | $ 248,909 | $ 24,000 |
| Poughkeepsie-Newburgh-Middletown, NY | 142 | $ 52,403,000 | $ 369,035 | $ 49,000 |
| Huntsville, AL | 140 | $ 19,013,000 | $ 135,807 | $ 65,000 |
| Memphis, TN-MS-AR | 140 | $ 8,128,000 | $ 58,057 | $ 2,514 |
| Lakeland, FL | 137 | $ 21,604,000 | $ 157,693 | $ 9,000 |
| Portland-South Portland-Biddeford, ME | 137 | $ 25,960,000 | $ 189,489 | $ 41,000 |
| Port St. Lucie-Fort Pierce, FL | 136 | $ 28,189,000 | $ 207,272 | $ 16,000 |
| Burlington-South Burlington, VT | 132 | $ 22,133,000 | $ 167,674 | $ 65,000 |
| Fort Worth-Arlington, TX | 125 | $ 10,880,000 | $ 87,040 | $ 1,000 |
| Asheville, NC | 122 | $ 17,474,000 | $ 143,229 | $ 31,000 |
| Modesto, CA | 122 | $ 19,750,000 | $ 161,885 | $ 19,000 |
| Richmond, VA | 121 | $ 18,373,000 | $ 151,842 | $ 21,000 |
| Wichita, KS | 119 | $ 7,637,000 | $ 64,176 | $ 22,000 |
| Naples-Marco Island, FL | 109 | $ 35,748,000 | $ 327,963 | $ 56,000 |
| Vallejo-Fairfield, CA | 108 | $ 25,470,000 | $ 235,833 | $ 32,000 |
| Norwich-New London, CT | 95 | $ 18,331,000 | $ 192,957 | $ 85,000 |
| Reno-Sparks, NV | 95 | $ 14,908,000 | $ 156,926 | $ 10,000 |
| South Bend-Mishawaka, IN-MI | 94 | $ 8,696,000 | $ 92,510 | $ 43,404 |
| Salem, OR | 91 | $ 5,328,000 | $ 58,549 | $ 0 |
| Myrtle Beach-Conway-North Myrtle Beach, SC | 90 | $ 10,834,000 | $ 120,377 | $ 10,000 |
| Birmingham-Hoover, AL | 88 | $ 11,799,000 | $ 134,079 | $ 37,000 |
| Canton-Massillon, OH | 85 | $ 9,075,000 | $ 106,764 | $ 43,000 |
| Greeley, CO | 85 | $ 5,621,000 | $ 66,129 | $ 4,000 |
| Albuquerque, NM | 84 | $ 10,966,000 | $ 130,547 | $ 12,000 |
| Austin-Round Rock, TX | 84 | $ 9,843,000 | $ 117,178 | $ 0 |
| Spokane, WA | 84 | $ 4,128,000 | $ 49,142 | $ 0 |
| Akron, OH | 82 | $ 7,916,000 | $ 96,536 | $ 32,000 |
| Dayton, OH | 81 | $ 5,829,000 | $ 71,962 | $ 25,000 |
| Ogden-Clearfield, UT | 80 | $ 4,769,000 | $ 59,612 | $ 0 |
| Provo-Orem, UT | 79 | $ 8,874,000 | $ 112,329 | $ 27,000 |
| Tucson, AZ | 79 | $ 7,271,000 | $ 92,037 | $ 7,000 |
| Buffalo-Niagara Falls, NY | 78 | $ 7,672,000 | $ 98,358 | $ 51,000 |
| Louisville-Jefferson County, KY-IN | 73 | $ 6,369,000 | $ 87,246 | $ 21,068 |
| Muncie, IN | 73 | $ 6,295,000 | $ 86,232 | $ 49,000 |
| Rochester, NY | 73 | $ 9,086,000 | $ 124,465 | $ 45,000 |
| Merced, CA | 69 | $ 8,603,000 | $ 124,681 | $ 1,000 |
| Omaha-Council Bluffs, NE-IA | 67 | $ 5,050,000 | $ 75,373 | $ 13,014 |
| Savannah, GA | 66 | $ 7,785,000 | $ 117,954 | $ 26,000 |
| Syracuse, NY | 65 | $ 7,229,000 | $ 111,215 | $ 57,000 |
| Utica-Rome, NY | 64 | $ 5,800,000 | $ 90,625 | $ 45,000 |
| Flint, MI | 63 | $ 4,897,000 | $ 77,730 | $ 22,000 |
| Oklahoma City, OK | 62 | $ 4,275,000 | $ 68,951 | $ 2,000 |
| Ocala, FL | 59 | $ 7,678,000 | $ 130,135 | $ 14,000 |
| San Antonio, TX | 59 | $ 7,402,000 | $ 125,457 | $ 0 |
| Bremerton-Silverdale, WA | 58 | $ 4,767,000 | $ 82,189 | $ 3,000 |
| Fayetteville-Springdale-Rogers, AR-MO | 58 | $ 2,501,000 | $ 43,120 | $ 0 |
| Salinas, CA | 56 | $ 13,804,000 | $ 246,500 | $ 32,000 |
| Santa Barbara-Santa Maria, CA | 56 | $ 13,531,000 | $ 241,625 | $ 10,000 |
| Eugene-Springfield, OR | 54 | $ 5,554,000 | $ 102,851 | $ 6,000 |
| Toledo, OH | 54 | $ 4,230,000 | $ 78,333 | $ 34,000 |
| Ann Arbor, MI | 53 | $ 9,458,000 | $ 178,452 | $ 80,000 |
| Des Moines-West Des Moines, IA | 53 | $ 2,906,000 | $ 54,830 | $ 3,000 |
| Fort Collins-Loveland, CO | 51 | $ 4,114,000 | $ 80,666 | $ 7,000 |
| Wilmington, NC | 51 | $ 8,987,000 | $ 176,215 | $ 26,000 |
| Rockford, IL | 50 | $ 6,499,000 | $ 129,980 | $ 39,000 |
| Charleston-North Charleston, SC | 49 | $ 8,665,000 | $ 176,836 | $ 9,000 |
| Winston-Salem, NC | 49 | $ 5,179,000 | $ 105,693 | $ 27,000 |
| Redding, CA | 48 | $ 8,316,000 | $ 173,250 | $ 26,000 |
| Visalia-Porterville, CA | 48 | $ 5,027,000 | $ 104,729 | $ 13,000 |
| Pensacola-Ferry Pass-Brent, FL | 47 | $ 6,146,000 | $ 130,765 | $ 11,000 |
| Columbia, SC | 46 | $ 4,316,000 | $ 93,826 | $ 10,000 |
| Springfield, MO | 46 | $ 5,327,000 | $ 115,804 | $ 35,000 |
| Santa Rosa-Petaluma, CA | 45 | $ 15,124,000 | $ 336,088 | $ 46,000 |
| Columbus, GA-AL | 43 | $ 2,920,000 | $ 67,906 | $ 6,348 |
| El Centro, CA | 43 | $ 3,826,000 | $ 88,976 | $ 0 |
| Lafayette, IN | 43 | $ 5,192,000 | $ 120,744 | $ 63,000 |
| Greenville, SC | 42 | $ 3,847,000 | $ 91,595 | $ 27,000 |
| Olympia, WA | 41 | $ 4,394,000 | $ 107,170 | $ 9,000 |
| Medford, OR | 40 | $ 4,537,000 | $ 113,425 | $ 0 |
| Yuba City, CA | 40 | $ 3,723,000 | $ 93,075 | $ 3,000 |
| Roanoke, VA | 39 | $ 5,155,000 | $ 132,179 | $ 53,000 |
| Dover, DE | 38 | $ 6,060,000 | $ 159,473 | $ 46,000 |
| Knoxville, TN | 38 | $ 2,438,000 | $ 64,157 | $ 4,000 |
| Santa Cruz-Watsonville, CA | 38 | $ 14,358,000 | $ 377,842 | $ 85,000 |
| Florence-Muscle Shoals, AL | 37 | $ 3,493,000 | $ 94,405 | $ 74,000 |
| Hickory-Lenoir-Morganton, NC | 37 | $ 3,544,000 | $ 95,783 | $ 51,000 |
| Lexington-Fayette, KY | 37 | $ 1,675,000 | $ 45,270 | $ 0 |
| Pittsfield, MA | 37 | $ 7,223,000 | $ 195,216 | $ 104,000 |
| Las Cruces, NM | 36 | $ 3,994,000 | $ 110,944 | $ 6,000 |
| Erie, PA | 35 | $ 3,055,000 | $ 87,285 | $ 34,000 |
| Madison, WI | 35 | $ 3,966,000 | $ 113,314 | $ 22,000 |
| Tulsa, OK | 35 | $ 3,012,000 | $ 86,057 | $ 3,000 |
| Yakima, WA | 35 | $ 1,717,000 | $ 49,057 | $ 1,000 |
| Fort Walton Beach-Crestview-Destin, FL | 34 | $ 3,052,000 | $ 89,764 | $ 5,000 |
| Michigan City-La Porte, IN | 34 | $ 3,359,000 | $ 98,794 | $ 42,000 |
| Vineland-Millville-Bridgeton, NJ | 34 | $ 3,434,000 | $ 101,000 | $ 21,000 |
| Anderson, IN | 33 | $ 2,564,000 | $ 77,696 | $ 45,000 |
| Boulder, CO | 33 | $ 4,700,000 | $ 142,424 | $ 3,000 |
| Punta Gorda, FL | 32 | $ 5,455,000 | $ 170,468 | $ 9,000 |
| Chattanooga, TN-GA | 31 | $ 3,604,000 | $ 116,258 | $ 49,258 |
| Idaho Falls, ID | 31 | $ 1,563,000 | $ 50,419 | $ 0 |
| Kennewick-Richland-Pasco, WA | 31 | $ 2,611,000 | $ 84,225 | $ 7,000 |
| Kingston, NY | 31 | $ 4,959,000 | $ 159,967 | $ 65,000 |
| El Paso, TX | 30 | $ 2,085,000 | $ 69,500 | $ 0 |
| Elkhart-Goshen, IN | 30 | $ 3,077,000 | $ 102,566 | $ 50,000 |
| Fayetteville, NC | 30 | $ 1,793,000 | $ 59,766 | $ 26,000 |
| Grand Junction, CO | 30 | $ 1,598,000 | $ 53,266 | $ 5,000 |
| Mobile, AL | 30 | $ 2,650,000 | $ 88,333 | $ 33,000 |
| Panama City-Lynn Haven, FL | 30 | $ 5,839,000 | $ 194,633 | $ 3,000 |
| Augusta-Richmond County, GA-SC | 29 | $ 2,947,000 | $ 101,620 | $ 21,793 |
| Jefferson City, MO | 29 | $ 2,808,000 | $ 96,827 | $ 63,000 |
| Killeen-Temple-Fort Hood, TX | 29 | $ 2,235,000 | $ 77,068 | $ 0 |
| Madera, CA | 29 | $ 3,418,000 | $ 117,862 | $ 8,000 |
| Bend, OR | 28 | $ 5,763,000 | $ 205,821 | $ 0 |
| Grand Rapids-Wyoming, MI | 28 | $ 3,015,000 | $ 107,678 | $ 27,000 |
| Youngstown-Warren-Boardman, OH-PA | 28 | $ 1,671,000 | $ 59,678 | $ 33,285 |
| Gainesville, FL | 27 | $ 5,211,000 | $ 193,000 | $ 13,000 |
| Clarksville, TN-KY | 26 | $ 1,297,000 | $ 49,884 | $ 0 |
| Lynchburg, VA | 26 | $ 2,645,000 | $ 101,730 | $ 32,000 |
| Yuma, AZ | 26 | $ 3,042,000 | $ 117,000 | $ 0 |
| Gulfport-Biloxi, MS | 25 | $ 2,244,000 | $ 89,760 | $ 1,000 |
| Sebastian-Vero Beach, FL | 25 | $ 4,019,000 | $ 160,760 | $ 9,000 |
| Topeka, KS | 25 | $ 1,416,000 | $ 56,640 | $ 22,000 |
| Coeur D'Alene, ID | 24 | $ 3,842,000 | $ 160,083 | $ 0 |
| Davenport-Moline-Rock Island, IA-IL | 24 | $ 1,551,000 | $ 64,625 | $ 15,125 |
| Mansfield, OH | 24 | $ 1,977,000 | $ 82,375 | $ 36,000 |
| Mount Vernon-Anacortes, WA | 24 | $ 2,445,000 | $ 101,875 | $ 0 |
| Bellingham, WA | 23 | $ 2,861,000 | $ 124,391 | $ 9,000 |
| Chico, CA | 23 | $ 3,293,000 | $ 143,173 | $ 17,000 |
| Honolulu, HI | 23 | $ 9,222,000 | $ 400,956 | $ 0 |
| Lincoln, NE | 23 | $ 1,298,000 | $ 56,434 | $ 3,000 |
| Tallahassee, FL | 23 | $ 3,149,000 | $ 136,913 | $ 6,000 |
| Tuscaloosa, AL | 23 | $ 2,832,000 | $ 123,130 | $ 44,000 |
| Charlottesville, VA | 22 | $ 3,115,000 | $ 141,590 | $ 29,000 |
| Gainesville, GA | 22 | $ 2,304,000 | $ 104,727 | $ 14,000 |
| Green Bay, WI | 22 | $ 1,776,000 | $ 80,727 | $ 14,000 |
| Lewiston-Auburn, ME | 22 | $ 2,679,000 | $ 121,772 | $ 39,000 |
| Longview, WA | 22 | $ 915,000 | $ 41,590 | $ 0 |
| Monroe, MI | 22 | $ 2,065,000 | $ 93,863 | $ 24,000 |
| Binghamton, NY | 21 | $ 1,939,000 | $ 92,333 | $ 45,000 |
| Columbia, MO | 20 | $ 2,803,000 | $ 140,150 | $ 38,000 |
| New Orleans-Metairie-Kenner, LA | 20 | $ 3,384,000 | $ 169,200 | $ 0 |
| San Luis Obispo-Paso Robles, CA | 19 | $ 5,296,000 | $ 278,736 | $ 32,000 |
| Winchester, VA-WV | 19 | $ 2,278,000 | $ 119,894 | $ 37,052 |
| Altoona, PA | 18 | $ 1,310,000 | $ 72,777 | $ 45,000 |
| Morristown, TN | 18 | $ 972,000 | $ 54,000 | $ 0 |
| Pocatello, ID | 18 | $ 617,000 | $ 34,277 | $ 0 |
| Racine, WI | 18 | $ 2,196,000 | $ 122,000 | $ 5,000 |
| Rocky Mount, NC | 18 | $ 1,552,000 | $ 86,222 | $ 31,000 |
| Cumberland, MD-WV | 17 | $ 1,525,000 | $ 89,705 | $ 39,176 |
| Jacksonville, NC | 17 | $ 1,929,000 | $ 113,470 | $ 30,000 |
| Napa, CA | 17 | $ 6,472,000 | $ 380,705 | $ 48,000 |
| Auburn-Opelika, AL | 16 | $ 2,274,000 | $ 142,125 | $ 36,000 |
| Burlington, NC | 16 | $ 1,532,000 | $ 95,750 | $ 36,000 |
| Corpus Christi, TX | 16 | $ 1,435,000 | $ 89,687 | $ 0 |
| Prescott, AZ | 16 | $ 2,581,000 | $ 161,312 | $ 0 |
| Pueblo, CO | 16 | $ 822,000 | $ 51,375 | $ 0 |
| Athens-Clarke County, GA | 15 | $ 1,037,000 | $ 69,133 | $ 0 |
| Brunswick, GA | 15 | $ 1,518,000 | $ 101,200 | $ 5,000 |
| Dalton, GA | 15 | $ 1,191,000 | $ 79,400 | $ 18,000 |
| Lansing-East Lansing, MI | 15 | $ 1,567,000 | $ 104,466 | $ 18,000 |
| St. George, UT | 15 | $ 2,053,000 | $ 136,866 | $ 0 |
| Baton Rouge, LA | 14 | $ 1,571,000 | $ 112,214 | $ 5,000 |
| Cedar Rapids, IA | 14 | $ 969,000 | $ 69,214 | $ 7,000 |
| Janesville, WI | 14 | $ 1,102,000 | $ 78,714 | $ 14,000 |
| Anniston-Oxford, AL | 13 | $ 786,000 | $ 60,461 | $ 12,000 |
| Appleton, WI | 13 | $ 1,196,000 | $ 92,000 | $ 0 |
| Casper, WY | 13 | $ 385,000 | $ 29,615 | $ 0 |
| Cheyenne, WY | 13 | $ 641,000 | $ 49,307 | $ 0 |
| Decatur, AL | 13 | $ 1,623,000 | $ 124,846 | $ 44,000 |
| Dothan, AL | 13 | $ 1,085,000 | $ 83,461 | $ 33,000 |
| Kankakee-Bradley, IL | 13 | $ 2,189,000 | $ 168,384 | $ 60,000 |
| Spartanburg, SC | 12 | $ 839,000 | $ 69,916 | $ 12,000 |
| Battle Creek, MI | 11 | $ 8,130,000 | $ 739,090 | $ 26,000 |
| Duluth, MN-WI | 11 | $ 1,120,000 | $ 101,818 | $ 10,545 |
| Hanford-Corcoran, CA | 11 | $ 995,000 | $ 90,454 | $ 1,000 |
| Kalamazoo-Portage, MI | 11 | $ 853,000 | $ 77,545 | $ 26,000 |
| Peoria, IL | 11 | $ 1,647,000 | $ 149,727 | $ 41,000 |
| Springfield, OH | 11 | $ 261,000 | $ 23,727 | $ 0 |
| Anderson, SC | 10 | $ 637,000 | $ 63,700 | $ 62,000 |
| Bangor, ME | 10 | $ 698,000 | $ 69,800 | $ 39,000 |
| Florence, SC | 10 | $ 651,000 | $ 65,100 | $ 0 |
| Joplin, MO | 10 | $ 856,000 | $ 85,600 | $ 7,000 |
| Kingsport-Bristol-Bristol, TN-VA | 10 | $ 1,027,000 | $ 102,700 | $ 27,000 |
| Little Rock-North Little Rock, AR | 10 | $ 602,000 | $ 60,200 | $ 9,000 |
| McAllen-Edinburg-Mission, TX | 10 | $ 1,131,000 | $ 113,100 | $ 0 |
| Niles-Benton Harbor, MI | 10 | $ 2,266,000 | $ 226,600 | $ 30,000 |
| Columbus, IN | 9 | $ 900,000 | $ 100,000 | $ 39,000 |
| Fargo, ND-MN | 9 | $ 1,113,000 | $ 123,666 | $ 0 |
| Greenville, NC | 9 | $ 716,000 | $ 79,555 | $ 13,000 |
| Jackson, MS | 9 | $ 1,356,000 | $ 150,666 | $ 19,000 |
| Kokomo, IN | 9 | $ 872,000 | $ 96,888 | $ 44,000 |
| Rapid City, SD | 9 | $ 725,000 | $ 80,555 | $ 10,000 |
| Cleveland, TN | 8 | $ 633,000 | $ 79,125 | $ 19,000 |
| College Station-Bryan, TX | 8 | $ 607,000 | $ 75,875 | $ 0 |
| Lawrence, KS | 8 | $ 860,000 | $ 107,500 | $ 39,000 |
| Missoula, MT | 8 | $ 1,015,000 | $ 126,875 | $ 0 |
| Muskegon-Norton Shores, MI | 8 | $ 932,000 | $ 116,500 | $ 18,000 |
| Rochester, MN | 8 | $ 941,000 | $ 117,625 | $ 33,000 |
| Salisbury, MD | 8 | $ 766,000 | $ 95,750 | $ 114,000 |
| Sandusky, OH | 8 | $ 363,000 | $ 45,375 | $ 0 |
| Valdosta, GA | 8 | $ 355,000 | $ 44,375 | $ 0 |
| Waco, TX | 8 | $ 456,000 | $ 57,000 | $ 0 |
| Bay City, MI | 7 | $ 670,000 | $ 95,714 | $ 39,000 |
| Blacksburg-Christiansburg-Radford, VA | 7 | $ 985,000 | $ 140,714 | $ 38,000 |
| Carson City, NV | 7 | $ 850,000 | $ 121,428 | $ 0 |
| Hot Springs, AR | 7 | $ 283,000 | $ 40,428 | $ 7,000 |
| Huntington-Ashland, WV-KY-OH | 7 | $ 256,000 | $ 36,571 | $ 0 |
| Johnstown, PA | 7 | $ 369,000 | $ 52,714 | $ 37,000 |
| Macon, GA | 7 | $ 421,000 | $ 60,142 | $ 0 |
| Santa Fe, NM | 7 | $ 1,421,000 | $ 203,000 | $ 13,000 |
| St. Joseph, MO-KS | 7 | $ 502,000 | $ 71,714 | $ 34,000 |
| Sumter, SC | 7 | $ 263,000 | $ 37,571 | $ 0 |
| Wausau, WI | 7 | $ 461,000 | $ 65,857 | $ 7,000 |
| Wenatchee, WA | 7 | $ 545,000 | $ 77,857 | $ 0 |
| Amarillo, TX | 6 | $ 453,000 | $ 75,500 | $ 0 |
| Charleston, WV | 6 | $ 470,000 | $ 78,333 | $ 13,000 |
| Holland-Grand Haven, MI | 6 | $ 2,134,000 | $ 355,666 | $ 16,000 |
| Jackson, TN | 6 | $ 448,000 | $ 74,666 | $ 4,000 |
| Logan, UT-ID | 6 | $ 463,000 | $ 77,166 | $ 0 |
| Oshkosh-Neenah, WI | 6 | $ 698,000 | $ 116,333 | $ 0 |
| Sioux City, IA-NE-SD | 6 | $ 221,000 | $ 36,833 | $ 0 |
| St. Cloud, MN | 6 | $ 802,000 | $ 133,666 | $ 5,000 |
| Tyler, TX | 6 | $ 1,179,000 | $ 196,500 | $ 0 |
| Champaign-Urbana, IL | 5 | $ 671,000 | $ 134,200 | $ 41,000 |
| Farmington, NM | 5 | $ 432,000 | $ 86,400 | $ 0 |
| Fond Du Lac, WI | 5 | $ 244,000 | $ 48,800 | $ 0 |
| Harrisonburg, VA | 5 | $ 835,000 | $ 167,000 | $ 0 |
| La Crosse, WI-MN | 5 | $ 621,000 | $ 124,200 | $ 0 |
| Morgantown, WV | 5 | $ 500,000 | $ 100,000 | $ 89,000 |
| Sheboygan, WI | 5 | $ 736,000 | $ 147,200 | $ 15,000 |
| Warner Robins, GA | 5 | $ 347,000 | $ 69,400 | $ 7,000 |
| Billings, MT | 4 | $ 249,000 | $ 62,250 | $ 16,000 |
| Jackson, MI | 4 | $ 198,000 | $ 49,500 | $ 0 |
| Johnson City, TN | 4 | $ 207,000 | $ 51,750 | $ 8,000 |
| Lake Charles, LA | 4 | $ 615,000 | $ 153,750 | $ 0 |
| Lewiston, ID-WA | 4 | $ 286,000 | $ 71,500 | $ 0 |
| Midland, TX | 4 | $ 403,000 | $ 100,750 | $ 0 |
| Saginaw-Saginaw Township North, MI | 4 | $ 143,000 | $ 35,750 | $ 0 |
| San Angelo, TX | 4 | $ 196,000 | $ 49,000 | $ 0 |
| Springfield, IL | 4 | $ 209,000 | $ 52,250 | $ 112,000 |
| Wheeling, WV-OH | 4 | $ 308,000 | $ 77,000 | $ 47,000 |
| Ames, IA | 3 | $ 101,000 | $ 33,666 | $ 0 |
| Corvallis, OR | 3 | $ 424,000 | $ 141,333 | $ 34,000 |
| Danville, VA | 3 | $ 91,000 | $ 30,333 | $ 0 |
| Decatur, IL | 3 | $ 374,000 | $ 124,666 | $ 13,000 |
| Eau Claire, WI | 3 | $ 270,000 | $ 90,000 | $ 0 |
| Elmira, NY | 3 | $ 173,000 | $ 57,666 | $ 30,000 |
| Flagstaff, AZ | 3 | $ 473,000 | $ 157,666 | $ 13,000 |
| Fort Smith, AR-OK | 3 | $ 87,000 | $ 29,000 | $ 0 |
| Grand Forks, ND-MN | 3 | $ 223,000 | $ 74,333 | $ 34,000 |
| Hinesville-Fort Stewart, GA | 3 | $ 199,000 | $ 66,333 | $ 29,000 |
| Houma-Bayou Cane-Thibodaux, LA | 3 | $ 309,000 | $ 103,000 | $ 0 |
| Lafayette, LA | 3 | $ 419,000 | $ 139,666 | $ 0 |
| Lubbock, TX | 3 | $ 257,000 | $ 85,666 | $ 0 |
| Shreveport-Bossier City, LA | 3 | $ 224,000 | $ 74,666 | $ 77,000 |
| Terre Haute, IN | 3 | $ 125,000 | $ 41,666 | $ 12,000 |
| Abilene, TX | 2 | $ 429,000 | $ 214,500 | $ 0 |
| Albany, GA | 2 | $ 119,000 | $ 59,500 | $ 22,000 |
| Beaumont-Port Arthur, TX | 2 | $ 122,000 | $ 61,000 | $ 0 |
| Bismarck, ND | 2 | $ 170,000 | $ 85,000 | $ 0 |
| Bloomington-Normal, IL | 2 | $ 108,000 | $ 54,000 | $ 44,000 |
| Bowling Green, KY | 2 | $ 116,000 | $ 58,000 | $ 0 |
| Brownsville-Harlingen, TX | 2 | $ 129,000 | $ 64,500 | $ 25,000 |
| Elizabethtown, KY | 2 | $ 339,000 | $ 169,500 | $ 0 |
| Jonesboro, AR | 2 | $ 156,000 | $ 78,000 | $ 0 |
| Laredo, TX | 2 | $ 252,000 | $ 126,000 | $ 0 |
| Longview, TX | 2 | $ 130,000 | $ 65,000 | $ 0 |
| Owensboro, KY | 2 | $ 120,000 | $ 60,000 | $ 27,000 |
| Pascagoula, MS | 2 | $ 269,000 | $ 134,500 | $ 0 |
| Rome, GA | 2 | $ 130,000 | $ 65,000 | $ 0 |
| Sherman-Denison, TX | 2 | $ 292,000 | $ 146,000 | $ 0 |
| Texarkana, Tx-Texarkana, AR | 2 | $ 104,000 | $ 52,000 | $ 0 |
| Weirton-Steubenville, WV-OH | 2 | $ 183,000 | $ 91,500 | $ 0 |
| Wichita Falls, TX | 2 | $ 132,000 | $ 66,000 | $ 0 |
| Alexandria, LA | 1 | $ 192,000 | $ 192,000 | $ 0 |
| Danville, IL | 1 | $ 92,000 | $ 92,000 | $ 80,000 |
| Gadsden, AL | 1 | $ 18,000 | $ 18,000 | $ 0 |
| Goldsboro, NC | 1 | $ 76,000 | $ 76,000 | $ 51,000 |
| Great Falls, MT | 1 | $ 30,000 | $ 30,000 | $ 0 |
| Hattiesburg, MS | 1 | $ 42,000 | $ 42,000 | $ 0 |
| Iowa City, IA | 1 | $ 21,000 | $ 21,000 | $ 0 |
| Lawton, OK | 1 | $ 13,000 | $ 13,000 | $ 0 |
| Sioux Falls, SD | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Victoria, TX | 1 | $ 68,000 | $ 68,000 | $ 0 |
| Waterloo-Cedar Falls, IA | 1 | $ 504,000 | $ 504,000 | $ 0 |
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.
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