Sterling National Bank Mortgage Lending & HMDA Data, 2012
In 2012, Sterling National Bank of Great Neck, NY reported 2,064 mortgage applications totaling $681.4 million, up 189% from 2011. The average application was for $330,143, and applicants reported an average income of $148,164. 85% of its applications resulted in an originated loan and 4% were denied. Its largest markets were New York-White Plains-Wayne, NY-NJ (786), Nassau-Suffolk, NY (622) and Hartford-West Hartford-East Hartford, CT (80) (applications in parentheses).
| Mortgage Company & Address | Sterling National Bank 98 Cuttermill Road Great Neck, NY 11021 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2012 2011 |
| Total Number of Mortgage Applications | 2,064 |
| Total Mortgage Loan Application Amount | $681,416,000 |
| Average Mortgage Loan Application Amount | $330,143 |
| Highest Mortgage Loan Application Amount | $2,170,000 |
| Average Applicant Income | $148,164 |
| Highest Applicant Income | $2,254,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Sterling National Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| New York-White Plains-Wayne, NY-NJ | 786 | $ 301,078,000 | $ 383,050 | $ 160,506 |
| Nassau-Suffolk, NY | 622 | $ 220,454,000 | $ 354,427 | $ 168,000 |
| Hartford-West Hartford-East Hartford, CT | 80 | $ 15,110,000 | $ 188,875 | $ 81,000 |
| New Haven-Milford, CT | 64 | $ 12,663,000 | $ 197,859 | $ 75,000 |
| Newark-Union, NJ-PA | 43 | $ 13,849,000 | $ 322,069 | $ 136,000 |
| Edison-New Brunswick, NJ | 31 | $ 8,393,000 | $ 270,741 | $ 117,000 |
| Bridgeport-Stamford-Norwalk, CT | 30 | $ 8,853,000 | $ 295,100 | $ 123,000 |
| Boston-Quincy, MA | 18 | $ 6,132,000 | $ 340,666 | $ 124,000 |
| Poughkeepsie-Newburgh-Middletown, NY | 16 | $ 3,849,000 | $ 240,562 | $ 138,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 16 | $ 5,898,000 | $ 368,625 | $ 162,500 |
| Cambridge-Newton-Framingham, MA | 15 | $ 4,478,000 | $ 298,533 | $ 102,000 |
| West Palm Beach-Boca Raton-Boynton Beach, FL | 15 | $ 3,675,000 | $ 245,000 | $ 188,000 |
| Baltimore-Towson, MD | 11 | $ 2,318,000 | $ 210,727 | $ 80,000 |
| Philadelphia, PA | 10 | $ 2,459,000 | $ 245,900 | $ 110,000 |
| Atlanta-Sandy Springs-Marietta, GA | 9 | $ 1,982,000 | $ 220,222 | $ 114,000 |
| Norwich-New London, CT | 9 | $ 2,276,000 | $ 252,888 | $ 111,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 8 | $ 2,147,000 | $ 268,375 | $ 111,000 |
| Tampa-St. Petersburg-Clearwater, FL | 8 | $ 1,574,000 | $ 196,750 | $ 105,000 |
| Albany-Schenectady-Troy, NY | 7 | $ 1,506,000 | $ 215,142 | $ 83,000 |
| Los Angeles-Long Beach-Glendale, CA | 7 | $ 3,657,000 | $ 522,428 | $ 601,000 |
| North Port-Bradenton-Sarasota, FL | 7 | $ 1,374,000 | $ 196,285 | $ 218,000 |
| Portland-Vancouver-Hillsboro, OR-WA | 7 | $ 1,550,000 | $ 221,428 | $ 99,000 |
| Providence-New Bedford-Fall River, RI-MA | 7 | $ 1,912,000 | $ 273,142 | $ 109,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 7 | $ 1,769,000 | $ 252,714 | $ 91,000 |
| Wilmington, DE-MD-NJ | 6 | $ 1,695,000 | $ 282,500 | $ 93,500 |
| Bethesda-Rockville-Frederick, MD | 5 | $ 1,501,000 | $ 300,200 | $ 156,000 |
| Camden, NJ | 5 | $ 1,164,000 | $ 232,800 | $ 135,000 |
| Denver-Aurora-Broomfield, CO | 5 | $ 1,403,000 | $ 280,600 | $ 125,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 5 | $ 1,240,000 | $ 248,000 | $ 118,200 |
| Peabody, MA | 5 | $ 1,494,000 | $ 298,800 | $ 104,000 |
| Phoenix-Mesa-Glendale, AZ | 5 | $ 1,236,000 | $ 247,200 | $ 116,000 |
| Salt Lake City, UT | 5 | $ 1,259,000 | $ 251,800 | $ 87,000 |
| Charlotte-Gastonia-Rock Hill, NC-SC | 4 | $ 957,000 | $ 239,250 | $ 93,250 |
| Glens Falls, NY | 4 | $ 619,000 | $ 154,750 | $ 110,000 |
| Las Vegas-Paradise, NV | 4 | $ 965,000 | $ 241,250 | $ 62,000 |
| Richmond, VA | 4 | $ 947,000 | $ 236,750 | $ 144,000 |
| Rochester, NY | 4 | $ 640,000 | $ 160,000 | $ 94,000 |
| St. Louis, MO-IL | 4 | $ 569,000 | $ 142,250 | $ 68,000 |
| Worcester, MA | 4 | $ 1,052,000 | $ 263,000 | $ 203,000 |
| Albuquerque, NM | 3 | $ 460,000 | $ 153,333 | $ 37,000 |
| Barnstable Town, MA | 3 | $ 552,000 | $ 184,000 | $ 84,000 |
| Buffalo-Niagara Falls, NY | 3 | $ 541,000 | $ 180,333 | $ 61,000 |
| Houma-Bayou Cane-Thibodaux, LA | 3 | $ 366,000 | $ 122,000 | $ 59,000 |
| Oakland-Fremont-Hayward, CA | 3 | $ 1,748,000 | $ 582,666 | $ 197,000 |
| Orlando-Kissimmee-Sanford, FL | 3 | $ 523,000 | $ 174,333 | $ 96,000 |
| Savannah, GA | 3 | $ 820,000 | $ 273,333 | $ 111,000 |
| Scranton--Wilkes-Barre, PA | 3 | $ 525,000 | $ 175,000 | $ 74,000 |
| Springfield, MA | 3 | $ 802,000 | $ 267,333 | $ 74,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 2 | $ 301,000 | $ 150,500 | $ 171,000 |
| Boise City-Nampa, ID | 2 | $ 361,000 | $ 180,500 | $ 48,000 |
| Burlington-South Burlington, VT | 2 | $ 448,000 | $ 224,000 | $ 75,000 |
| Cape Coral-Fort Myers, FL | 2 | $ 480,000 | $ 240,000 | $ 120,000 |
| Charlottesville, VA | 2 | $ 462,000 | $ 231,000 | $ 70,000 |
| Colorado Springs, CO | 2 | $ 344,000 | $ 172,000 | $ 20,000 |
| Dover, DE | 2 | $ 370,000 | $ 185,000 | $ 103,000 |
| Eugene-Springfield, OR | 2 | $ 401,000 | $ 200,500 | $ 51,000 |
| Kansas City, MO-KS | 2 | $ 423,000 | $ 211,500 | $ 97,000 |
| Lakeland-Winter Haven, FL | 2 | $ 165,000 | $ 82,500 | $ 115,000 |
| Milwaukee-Waukesha-West Allis, WI | 2 | $ 701,000 | $ 350,500 | $ 182,000 |
| New Orleans-Metairie-Kenner, LA | 2 | $ 666,000 | $ 333,000 | $ 250,000 |
| Olympia, WA | 2 | $ 272,000 | $ 136,000 | $ 0 |
| Port St. Lucie, FL | 2 | $ 420,000 | $ 210,000 | $ 150,000 |
| Provo-Orem, UT | 2 | $ 354,000 | $ 177,000 | $ 25,000 |
| Tulsa, OK | 2 | $ 1,118,000 | $ 559,000 | $ 126,000 |
| Asheville, NC | 1 | $ 417,000 | $ 417,000 | $ 155,000 |
| Atlantic City-Hammonton, NJ | 1 | $ 156,000 | $ 156,000 | $ 35,000 |
| Augusta-Richmond County, GA-SC | 1 | $ 152,000 | $ 152,000 | $ 0 |
| Baton Rouge, LA | 1 | $ 360,000 | $ 360,000 | $ 270,000 |
| Birmingham-Hoover, AL | 1 | $ 176,000 | $ 176,000 | $ 140,000 |
| Boulder, CO | 1 | $ 472,000 | $ 472,000 | $ 119,000 |
| Brunswick, GA | 1 | $ 417,000 | $ 417,000 | $ 205,000 |
| Burlington, NC | 1 | $ 124,000 | $ 124,000 | $ 0 |
| Cincinnati-Middletown, OH-KY-IN | 1 | $ 251,000 | $ 251,000 | $ 143,000 |
| Clarksville, TN-KY | 1 | $ 129,000 | $ 129,000 | $ 44,000 |
| Columbia, SC | 1 | $ 252,000 | $ 252,000 | $ 144,000 |
| Des Moines-West Des Moines, IA | 1 | $ 153,000 | $ 153,000 | $ 44,000 |
| Durham-Chapel Hill, NC | 1 | $ 280,000 | $ 280,000 | $ 189,000 |
| Fargo, ND-MN | 1 | $ 216,000 | $ 216,000 | $ 46,000 |
| Fort Collins-Loveland, CO | 1 | $ 135,000 | $ 135,000 | $ 102,000 |
| Greensboro-High Point, NC | 1 | $ 164,000 | $ 164,000 | $ 0 |
| Greenville-Mauldin-Easley, SC | 1 | $ 289,000 | $ 289,000 | $ 169,000 |
| Jacksonville, FL | 1 | $ 65,000 | $ 65,000 | $ 143,000 |
| Kingston, NY | 1 | $ 98,000 | $ 98,000 | $ 94,000 |
| Lancaster, PA | 1 | $ 182,000 | $ 182,000 | $ 83,000 |
| Louisville/Jefferson County, KY-IN | 1 | $ 157,000 | $ 157,000 | $ 60,000 |
| Madison, WI | 1 | $ 214,000 | $ 214,000 | $ 85,000 |
| Miami-Miami Beach-Kendall, FL | 1 | $ 336,000 | $ 336,000 | $ 141,000 |
| Missoula, MT | 1 | $ 356,000 | $ 356,000 | $ 79,000 |
| Monroe, LA | 1 | $ 252,000 | $ 252,000 | $ 59,000 |
| Myrtle Beach-North Myrtle Beach-Conway, SC | 1 | $ 217,000 | $ 217,000 | $ 155,000 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 1 | $ 272,000 | $ 272,000 | $ 134,000 |
| Ocean City, NJ | 1 | $ 330,000 | $ 330,000 | $ 297,000 |
| Oklahoma City, OK | 1 | $ 144,000 | $ 144,000 | $ 98,000 |
| Palm Coast, FL | 1 | $ 165,000 | $ 165,000 | $ 111,000 |
| Portland-South Portland-Biddeford, ME | 1 | $ 256,000 | $ 256,000 | $ 123,000 |
| Punta Gorda, FL | 1 | $ 114,000 | $ 114,000 | $ 98,000 |
| Raleigh-Cary, NC | 1 | $ 178,000 | $ 178,000 | $ 88,000 |
| Rockingham County-Strafford County, NH | 1 | $ 350,000 | $ 350,000 | $ 145,000 |
| Sacramento--Arden-Arcade--Roseville, CA | 1 | $ 368,000 | $ 368,000 | $ 86,000 |
| Salem, OR | 1 | $ 263,000 | $ 263,000 | $ 0 |
| San Diego-Carlsbad-San Marcos, CA | 1 | $ 328,000 | $ 328,000 | $ 124,000 |
| San Francisco-San Mateo-Redwood City, CA | 1 | $ 600,000 | $ 600,000 | $ 221,000 |
| Santa Ana-Anaheim-Irvine, CA | 1 | $ 415,000 | $ 415,000 | $ 197,000 |
| Santa Barbara-Santa Maria-Goleta, CA | 1 | $ 179,000 | $ 179,000 | $ 124,000 |
| Santa Cruz-Watsonville, CA | 1 | $ 384,000 | $ 384,000 | $ 84,000 |
| Sebastian-Vero Beach, FL | 1 | $ 164,000 | $ 164,000 | $ 113,000 |
| Tacoma, WA | 1 | $ 98,000 | $ 98,000 | $ 50,000 |
| Trenton-Ewing, NJ | 1 | $ 285,000 | $ 285,000 | $ 99,000 |
| Visalia-Porterville, CA | 1 | $ 243,000 | $ 243,000 | $ 75,000 |
| Warner Robins, GA | 1 | $ 366,000 | $ 366,000 | $ 120,000 |
| Warren-Troy-Farmington Hills, MI | 1 | $ 225,000 | $ 225,000 | $ 112,000 |
Mortgage Loan Application Detail Totals for Sterling National Bank in 2012
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 | 1,267 | $411,539,000 | $324,000 | $2,170,000 | $152,000 | $2,254,000 |
| Home Purchase | 795 | $269,100,000 | $338,000 | $1,855,000 | $142,000 | $2,044,000 |
| Home Improvement | 2 | $777,000 | $388,000 | $525,000 | $169,000 | $175,000 |
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 | 1,604 | $538,919,000 | $335,000 | $2,170,000 | $157,000 | $2,254,000 |
| Asian | 138 | $48,622,000 | $352,000 | $2,045,000 | $147,000 | $1,258,000 |
| Black or African American | 134 | $38,865,000 | $290,000 | $770,000 | $99,000 | $569,000 |
| Hispanic | 132 | $35,889,000 | $271,000 | $951,000 | $105,000 | $418,000 |
| Not Provided | 49 | $16,951,000 | $345,000 | $625,000 | $127,000 | $380,000 |
| Native Hawaiian or Other Pacific Islander | 7 | $2,170,000 | $310,000 | $504,000 | $89,000 | $131,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 1,584 | $528,090,000 | $333,000 | $2,170,000 | $161,000 | $2,254,000 |
| FHA-insured (Federal Housing Administration) | 476 | $152,357,000 | $320,000 | $951,000 | $106,000 | $679,000 |
| VA-guaranteed (Veterans Administration) | 4 | $969,000 | $242,000 | $286,000 | $87,000 | $149,000 |
| 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 | 1,748 | $579,739,000 | $331,000 | $2,170,000 | $151,000 | $2,254,000 |
| Application Withdrawn By Applicant | 167 | $56,333,000 | $337,000 | $2,045,000 | $140,000 | $1,432,000 |
| Application Denied By Financial Institution | 92 | $25,606,000 | $278,000 | $626,000 | $104,000 | $707,000 |
| File Closed For Incompleteness | 45 | $15,593,000 | $346,000 | $894,000 | $140,000 | $528,000 |
| Application Approved But Not Accepted | 11 | $4,011,000 | $364,000 | $801,000 | $134,000 | $260,000 |
| Preapproval Denied by Financial Institution | 1 | $134,000 | $134,000 | $134,000 | $42,000 | $42,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 35 | $10,290,000 | $294,000 | $585,000 | $76,000 | $323,000 |
| Collateral | 23 | $5,905,000 | $256,000 | $417,000 | $120,000 | $707,000 |
| Other | 16 | $3,459,000 | $216,000 | $375,000 | $123,000 | $418,000 |
| Credit History | 13 | $4,099,000 | $315,000 | $626,000 | $109,000 | $227,000 |
| Employment History | 3 | $812,000 | $270,000 | $400,000 | $113,000 | $201,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $1,175,000 | $391,000 | $614,000 | $150,000 | $232,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Sterling National Bank's 2012 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 Sterling National 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 New York, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About