Summit Mortgage, Llc
Mortgage Loan Application
Totals and Details
for 2006
Find mortgage loan statistics, lending data, and loan application totals for Massachusetts.
The mortgage statistics and data below are specific to mortgage loan applications for Summit Mortgage, Llc.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.
| Mortgage Company & Address | Summit Mortgage, Llc 301 Edgewater Place #310 Wakefield, MA 01880 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2006 2005 2004 |
| Total Number of Mortgage Applications | 2,987 |
| Total Mortgage Loan Application Amount | $728,778,000 |
| Average Mortgage Loan Application Amount | $282,666 |
| Highest Mortgage Loan Application Amount | $1,680,000 |
| Average Applicant Income | $131,000 |
| Highest Applicant Income | $1,971,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MA, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Middlesex County Massachusetts | 638 | $ 167,536,000 | $ 262,000 | $ 151,000 |
| Suffolk County Massachusetts | 626 | $ 148,824,000 | $ 237,000 | $ 153,000 |
| Norfolk County Massachusetts | 333 | $ 89,912,000 | $ 270,000 | $ 137,000 |
| Essex County Massachusetts | 316 | $ 66,603,000 | $ 210,000 | $ 115,000 |
| Plymouth County Massachusetts | 221 | $ 54,578,000 | $ 246,000 | $ 139,000 |
| Worcester County Massachusetts | 124 | $ 23,270,000 | $ 187,000 | $ 105,000 |
| Bristol County Massachusetts | 115 | $ 21,038,000 | $ 182,000 | $ 102,000 |
| Barnstable County Massachusetts | 87 | $ 25,262,000 | $ 290,000 | $ 171,000 |
| Collier County Florida | 78 | $ 25,610,000 | $ 328,000 | $ 340,000 |
| Palm Beach County Florida | 67 | $ 18,493,000 | $ 276,000 | $ 173,000 |
| Miami-Dade County Florida | 39 | $ 8,975,000 | $ 230,000 | $ 156,000 |
| Providence County Rhode Island | 36 | $ 8,881,000 | $ 246,000 | $ 108,000 |
| Lee County Florida | 35 | $ 8,578,000 | $ 245,000 | $ 248,000 |
| Rockingham County New Hampshire | 23 | $ 5,066,000 | $ 220,000 | $ 125,000 |
| Broward County Florida | 22 | $ 6,201,000 | $ 281,000 | $ 233,000 |
| Hillsborough County New Hampshire | 21 | $ 3,423,000 | $ 163,000 | $ 94,000 |
| York County Maine | 12 | $ 1,954,000 | $ 162,000 | $ 155,000 |
| St. Lucie County Florida | 11 | $ 1,449,000 | $ 131,000 | $ 90,000 |
| Fairfield County Connecticut | 10 | $ 3,688,000 | $ 368,000 | $ 206,000 |
| Kent County Rhode Island | 10 | $ 1,862,000 | $ 186,000 | $ 152,000 |
| Hampden County Massachusetts | 8 | $ 971,000 | $ 121,000 | $ 64,000 |
| Hampshire County Massachusetts | 8 | $ 1,432,000 | $ 179,000 | $ 98,000 |
| Newport County Rhode Island | 7 | $ 1,759,000 | $ 251,000 | $ 158,000 |
| Windsor County Vermont | 7 | $ 1,161,000 | $ 165,000 | $ 190,000 |
| Cumberland County Maine | 6 | $ 1,164,000 | $ 194,000 | $ 161,000 |
| Strafford County New Hampshire | 6 | $ 943,000 | $ 157,000 | $ 128,000 |
| Washington County Rhode Island | 6 | $ 1,765,000 | $ 294,000 | $ 167,000 |
| Chittenden County Vermont | 5 | $ 1,662,000 | $ 332,000 | $ 98,000 |
| San Francisco County California | 4 | $ 1,812,000 | $ 453,000 | $ 163,000 |
| Hartford County Connecticut | 4 | $ 642,000 | $ 160,000 | $ 118,000 |
| Middlesex County Connecticut | 4 | $ 876,000 | $ 219,000 | $ 102,000 |
| Somerset County Maine | 4 | $ 348,000 | $ 87,000 | $ 125,000 |
| Caledonia County Vermont | 4 | $ 428,000 | $ 107,000 | $ 128,000 |
| Adams County Colorado | 3 | $ 430,000 | $ 143,000 | $ 98,000 |
| Hillsborough County Florida | 3 | $ 669,000 | $ 223,000 | $ 297,000 |
| Marion County Florida | 3 | $ 1,165,000 | $ 388,000 | $ 178,000 |
| Polk County Florida | 3 | $ 337,000 | $ 112,000 | $ 182,000 |
| Sarasota County Florida | 3 | $ 960,000 | $ 320,000 | $ 178,000 |
| Oxford County Maine | 3 | $ 366,000 | $ 122,000 | $ 165,000 |
| Belknap County New Hampshire | 3 | $ 824,000 | $ 274,000 | $ 322,000 |
| Carroll County New Hampshire | 3 | $ 584,000 | $ 194,000 | $ 556,000 |
| Washington County Vermont | 3 | $ 331,000 | $ 110,000 | $ 105,000 |
| Arlington County Virginia | 3 | $ 1,593,000 | $ 531,000 | $ 656,000 |
| Marin County California | 2 | $ 1,251,000 | $ 625,000 | $ 113,000 |
| District of Columbia County District Of Columbia | 2 | $ 394,000 | $ 197,000 | $ 135,000 |
| Brevard County Florida | 2 | $ 275,000 | $ 137,000 | $ 58,000 |
| Citrus County Florida | 2 | $ 375,000 | $ 187,000 | $ 84,000 |
| Manatee County Florida | 2 | $ 250,000 | $ 125,000 | $ 120,000 |
| Martin County Florida | 2 | $ 152,000 | $ 76,000 | $ 40,000 |
| Pinellas County Florida | 2 | $ 205,000 | $ 102,000 | $ 90,000 |
| Kent County Maryland | 2 | $ 234,000 | $ 117,000 | $ 91,000 |
| Berkshire County Massachusetts | 2 | $ 392,000 | $ 196,000 | $ 167,000 |
| Franklin County Massachusetts | 2 | $ 435,000 | $ 217,000 | $ 81,000 |
| Nantucket County Massachusetts | 2 | $ 512,000 | $ 256,000 | $ 155,000 |
| Grafton County New Hampshire | 2 | $ 536,000 | $ 268,000 | $ 177,000 |
| Aiken County South Carolina | 2 | $ 229,000 | $ 114,000 | $ 100,000 |
| Charleston County South Carolina | 2 | $ 400,000 | $ 200,000 | $ 176,000 |
| Orange County Vermont | 2 | $ 185,000 | $ 92,000 | $ 39,000 |
| Rutland County Vermont | 2 | $ 446,000 | $ 223,000 | $ 106,000 |
| Bath County Virginia | 2 | $ 1,812,000 | $ 906,000 | $ 937,000 |
| James City County Virginia | 2 | $ 298,000 | $ 149,000 | $ 88,000 |
| Snohomish County Washington | 2 | $ 343,000 | $ 171,000 | $ 102,000 |
| Yavapai County Arizona | 1 | $ 175,000 | $ 175,000 | $ 404,000 |
| Alameda County California | 1 | $ 561,000 | $ 561,000 | $ 130,000 |
| Los Angeles County California | 1 | $ 437,000 | $ 437,000 | $ 118,000 |
| San Benito County California | 1 | $ 1,500,000 | $ 1,500,000 | $ 480,000 |
| Denver County Colorado | 1 | $ 129,000 | $ 129,000 | $ 97,000 |
| New London County Connecticut | 1 | $ 140,000 | $ 140,000 | $ 41,000 |
| Tolland County Connecticut | 1 | $ 170,000 | $ 170,000 | $ 66,000 |
| Windham County Connecticut | 1 | $ 225,000 | $ 225,000 | $ 164,000 |
| Charlotte County Florida | 1 | $ 139,000 | $ 139,000 | $ 48,000 |
| Leon County Florida | 1 | $ 100,000 | $ 100,000 | $ 19,000 |
| Orange County Florida | 1 | $ 217,000 | $ 217,000 | $ 63,000 |
| Androscoggin County Maine | 1 | $ 156,000 | $ 156,000 | $ 92,000 |
| Lincoln County Maine | 1 | $ 1,000,000 | $ 1,000,000 | $ 345,000 |
| Coos County New Hampshire | 1 | $ 260,000 | $ 260,000 | $ 1,362,000 |
| Merrimack County New Hampshire | 1 | $ 212,000 | $ 212,000 | $ 89,000 |
| Beaufort County South Carolina | 1 | $ 194,000 | $ 194,000 | $ 66,000 |
| Oconee County South Carolina | 1 | $ 176,000 | $ 176,000 | $ 88,000 |
| Essex County Vermont | 1 | $ 104,000 | $ 104,000 | $ 62,000 |
| Lamoille County Vermont | 1 | $ 184,000 | $ 184,000 | $ 66,000 |
| Orleans County Vermont | 1 | $ 113,000 | $ 113,000 | $ 199,000 |
| Chesapeake County Virginia | 1 | $ 201,000 | $ 201,000 | $ 36,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Massachusetts,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Summit Mortgage, Llc 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 | 1,919 | $455,081,000 | $237,000 | $1,680,000 | $152,000 | $1,971,000 |
| Refinancing | 1,067 | $273,342,000 | $256,000 | $1,560,000 | $145,000 | $1,288,000 |
| Home Improvement | 1 | $355,000 | $355,000 | $355,000 | $96,000 | $96,000 |
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 | 2,586 | $635,053,000 | $245,000 | $1,560,000 | $153,000 | $1,971,000 |
| Not Provided | 174 | $41,428,000 | $238,000 | $1,410,000 | $128,000 | $755,000 |
| Hispanic | 91 | $20,634,000 | $226,000 | $817,000 | $118,000 | $360,000 |
| Asian | 67 | $17,928,000 | $267,000 | $1,680,000 | $127,000 | $734,000 |
| Black or African American | 61 | $11,422,000 | $187,000 | $692,000 | $104,000 | $419,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $734,000 | $183,000 | $364,000 | $110,000 | $143,000 |
| American Indian or Alaskan Native | 4 | $1,579,000 | $394,000 | $750,000 | $408,000 | $900,000 |
| Not applicable | 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) | 2,970 | $725,320,000 | $244,000 | $1,680,000 | $149,000 | $1,971,000 |
| FHA-insured (Federal Housing Administration) | 16 | $3,169,000 | $198,000 | $342,000 | $142,000 | $418,000 |
| VA-guaranteed (Veterans Administration) | 1 | $289,000 | $289,000 | $289,000 | $73,000 | $73,000 |
| 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 | 2,730 | $663,325,000 | $242,000 | $1,680,000 | $149,000 | $1,971,000 |
| Application Withdrawn By Applicant | 120 | $29,314,000 | $244,000 | $1,350,000 | $141,000 | $900,000 |
| Application Approved But Not Accepted | 88 | $22,215,000 | $252,000 | $980,000 | $164,000 | $1,055,000 |
| File Closed For Incompleteness | 27 | $6,877,000 | $254,000 | $1,000,000 | $135,000 | $450,000 |
| Application Denied By Financial Institution | 20 | $6,706,000 | $335,000 | $1,500,000 | $141,000 | $480,000 |
| Loan Purchased By The Institution | 2 | $341,000 | $170,000 | $284,000 | $139,000 | $174,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 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 |
|---|---|---|---|---|---|---|
| Collateral | 6 | $2,392,000 | $398,000 | $1,500,000 | $157,000 | $480,000 |
| Debt-To-Income Ratio | 4 | $1,142,000 | $285,000 | $434,000 | $90,000 | $126,000 |
| Unverifiable Information | 3 | $835,000 | $278,000 | $395,000 | $129,000 | $161,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $761,000 | $380,000 | $676,000 | $226,000 | $226,000 |
| Credit History | 1 | $239,000 | $239,000 | $239,000 | $72,000 | $72,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MA, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Massachusetts, and search similar information at your convenience.