The Washington Trust Company, Of Westerly
HMDA Loan Application Totals
and Mortgage Lending Details
for 2005
The Washington Trust Company, Of Westerly 2005 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 | The Washington Trust Company, Of Westerly 23 Broad Street Westerly, RI 02891 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,617 |
| Total Mortgage Loan Application Amount | $322,162,000 |
| Average Mortgage Loan Application Amount | $358,739 |
| Highest Mortgage Loan Application Amount | $2,200,000 |
| Average Applicant Income | $36,913 |
| Highest Applicant Income | $3,701,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2005 with The Washington Trust Company, Of Westerly. 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 The Washington Trust Company, Of Westerly's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2005 breaks down The Washington Trust Company, Of Westerly'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 The Washington Trust Company, Of Westerly serves its applicants.
Each category highlights the total number of mortgage applications processed by The Washington Trust Company, Of Westerly, 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 The Washington Trust Company, Of Westerly's mortgage activity for 2005.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Washington County Rhode Island | 928 | $ 157,432,000 | $ 169,000 | $ 78,000 |
| Kent County Rhode Island | 190 | $ 30,641,000 | $ 161,000 | $ 74,000 |
| Providence County Rhode Island | 139 | $ 23,977,000 | $ 172,000 | $ 91,000 |
| New London County Connecticut | 118 | $ 20,791,000 | $ 176,000 | $ 88,000 |
| Barnstable County Massachusetts | 45 | $ 23,380,000 | $ 519,000 | $ 65,000 |
| Newport County Rhode Island | 35 | $ 11,914,000 | $ 340,000 | $ 180,000 |
| Bristol County Rhode Island | 15 | $ 5,406,000 | $ 360,000 | $ 109,000 |
| Bristol County Massachusetts | 10 | $ 3,035,000 | $ 303,000 | $ 30,000 |
| Plymouth County Massachusetts | 10 | $ 3,038,000 | $ 303,000 | $ 84,000 |
| Suffolk County Massachusetts | 10 | $ 2,456,000 | $ 245,000 | $ 56,000 |
| Essex County Massachusetts | 9 | $ 1,821,000 | $ 202,000 | $ 0 |
| Cuyahoga County Ohio | 8 | $ 2,905,000 | $ 363,000 | $ 0 |
| Windham County Connecticut | 6 | $ 1,273,000 | $ 212,000 | $ 74,000 |
| Fairfax County Virginia | 5 | $ 2,246,000 | $ 449,000 | $ 0 |
| Montgomery County Maryland | 4 | $ 2,072,000 | $ 518,000 | $ 0 |
| Geauga County Ohio | 4 | $ 1,472,000 | $ 368,000 | $ 0 |
| Loudoun County Virginia | 4 | $ 1,815,000 | $ 453,000 | $ 0 |
| Middlesex County Massachusetts | 3 | $ 1,681,000 | $ 560,000 | $ 0 |
| Montgomery County Pennsylvania | 3 | $ 1,521,000 | $ 507,000 | $ 0 |
| Hartford County Connecticut | 2 | $ 530,000 | $ 265,000 | $ 396,000 |
| Middlesex County Connecticut | 2 | $ 504,000 | $ 252,000 | $ 86,000 |
| Norfolk County Massachusetts | 2 | $ 814,000 | $ 407,000 | $ 109,000 |
| Bergen County New Jersey | 2 | $ 824,000 | $ 412,000 | $ 0 |
| Suffolk County New York | 2 | $ 844,000 | $ 422,000 | $ 0 |
| Franklin County Ohio | 2 | $ 568,000 | $ 284,000 | $ 0 |
| Mahoning County Ohio | 2 | $ 587,000 | $ 293,000 | $ 0 |
| Montgomery County Ohio | 2 | $ 660,000 | $ 330,000 | $ 0 |
| Portage County Ohio | 2 | $ 798,000 | $ 399,000 | $ 0 |
| Warren County Ohio | 2 | $ 793,000 | $ 396,000 | $ 0 |
| Delaware County Pennsylvania | 2 | $ 1,325,000 | $ 662,000 | $ 0 |
| Fairfield County Connecticut | 1 | $ 459,000 | $ 459,000 | $ 0 |
| Litchfield County Connecticut | 1 | $ 168,000 | $ 168,000 | $ 0 |
| New Haven County Connecticut | 1 | $ 86,000 | $ 86,000 | $ 60,000 |
| Tolland County Connecticut | 1 | $ 310,000 | $ 310,000 | $ 63,000 |
| Anne Arundel County Maryland | 1 | $ 499,000 | $ 499,000 | $ 0 |
| Nantucket County Massachusetts | 1 | $ 399,000 | $ 399,000 | $ 0 |
| Worcester County Massachusetts | 1 | $ 904,000 | $ 904,000 | $ 0 |
| Belknap County New Hampshire | 1 | $ 280,000 | $ 280,000 | $ 137,000 |
| Atlantic County New Jersey | 1 | $ 399,000 | $ 399,000 | $ 0 |
| Cape May County New Jersey | 1 | $ 1,200,000 | $ 1,200,000 | $ 218,000 |
| Hudson County New Jersey | 1 | $ 649,000 | $ 649,000 | $ 0 |
| Mercer County New Jersey | 1 | $ 328,000 | $ 328,000 | $ 0 |
| Monmouth County New Jersey | 1 | $ 442,000 | $ 442,000 | $ 0 |
| Morris County New Jersey | 1 | $ 387,000 | $ 387,000 | $ 0 |
| Passaic County New Jersey | 1 | $ 389,000 | $ 389,000 | $ 0 |
| Somerset County New Jersey | 1 | $ 486,000 | $ 486,000 | $ 0 |
| Kings County New York | 1 | $ 763,000 | $ 763,000 | $ 0 |
| Delaware County Ohio | 1 | $ 364,000 | $ 364,000 | $ 0 |
| Hamilton County Ohio | 1 | $ 494,000 | $ 494,000 | $ 0 |
| Lake County Ohio | 1 | $ 385,000 | $ 385,000 | $ 0 |
| Stark County Ohio | 1 | $ 643,000 | $ 643,000 | $ 0 |
| Summit County Ohio | 1 | $ 445,000 | $ 445,000 | $ 0 |
| Trumbull County Ohio | 1 | $ 508,000 | $ 508,000 | $ 0 |
| Wood County Ohio | 1 | $ 159,000 | $ 159,000 | $ 0 |
| Bucks County Pennsylvania | 1 | $ 467,000 | $ 467,000 | $ 0 |
| Henrico County Virginia | 1 | $ 381,000 | $ 381,000 | $ 0 |
| Norfolk County Virginia | 1 | $ 148,000 | $ 148,000 | $ 0 |
| Prince William County Virginia | 1 | $ 366,000 | $ 366,000 | $ 0 |
Mortgage Loan Application Detail Totals for The Washington Trust Company, Of Westerly in 2005
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 | 795 | $157,223,000 | $424,900 | $2,200,000 | $35,200 | $879,000 |
| Home Purchase | 556 | $150,763,000 | $366,800 | $1,575,000 | $30,600 | $3,701,000 |
| Home Improvement | 266 | $14,176,000 | $111,333 | $359,000 | $63,666 | $799,000 |
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 | 1,362 | $241,692,000 | $366,333 | $2,200,000 | $122,833 | $3,701,000 |
| Not applicable | 153 | $63,813,000 | $430,222 | $1,500,000 | $3,444 | $311,000 |
| Not Provided | 50 | $8,086,000 | $270,250 | $850,000 | $96,500 | $572,000 |
| Hispanic | 21 | $3,623,000 | $142,500 | $425,000 | $50,500 | $117,000 |
| Black or African American | 12 | $2,182,000 | $221,000 | $373,000 | $52,500 | $105,000 |
| Native Hawaiian or Other Pacific Islander | 9 | $1,082,000 | $190,500 | $407,000 | $93,500 | $136,000 |
| Asian | 6 | $1,107,000 | $184,000 | $380,000 | $58,000 | $153,000 |
| American Indian or Alaskan Native | 4 | $577,000 | $165,000 | $210,000 | $150,000 | $233,000 |
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) | 1,617 | $322,162,000 | $369,454 | $2,200,000 | $38,636 | $3,701,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 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 | 1,131 | $201,854,000 | $207,333 | $2,200,000 | $109,666 | $3,701,000 |
| Application Withdrawn By Applicant | 160 | $36,839,000 | $412,166 | $1,381,000 | $119,333 | $799,000 |
| Loan Purchased By The Institution | 146 | $61,622,000 | $433,777 | $1,500,000 | $0 | $0 |
| Application Denied By Financial Institution | 113 | $11,456,000 | $113,333 | $700,000 | $47,333 | $388,000 |
| Application Approved But Not Accepted | 55 | $6,985,000 | $121,666 | $696,000 | $81,000 | $354,000 |
| File Closed For Incompleteness | 7 | $2,179,000 | $290,500 | $800,000 | $115,000 | $559,000 |
| Preapproval Denied by Financial Institution | 5 | $1,227,000 | $245,000 | $373,000 | $65,000 | $85,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into The Washington Trust Company, Of Westerly's 2005 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 The Washington Trust Company, Of Westerly'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 Rhode Island, download the full spreadsheet
with aggregated HMDA statistics today.