Webster Bank, N.A. Mortgage Lending & HMDA Data, 2007
In 2007, Webster Bank, N.A. of Waterbury, CT reported 27,358 mortgage applications totaling $5.1 billion, down 11% from 2006. The average application was for $186,325, and applicants reported an average income of $81,597. 58% of its applications resulted in an originated loan and 15% were denied. Its largest markets were Hartford-West Hartford-East Hartford, CT (3,396), New Haven-Milford, CT (2,011) and Providence-New Bedford-Fall River, RI-MA (1,965) (applications in parentheses).
| Mortgage Company & Address | Webster Bank, N.A. 145 Bank St Waterbury, CT 06702 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 |
| Total Number of Mortgage Applications | 27,358 |
| Total Mortgage Loan Application Amount | $5,097,491,000 |
| Average Mortgage Loan Application Amount | $186,325 |
| Highest Mortgage Loan Application Amount | $21,300,000 |
| Average Applicant Income | $81,597 |
| Highest Applicant Income | $4,513,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Webster Bank, N.A. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
Mortgage Loan Application Detail Totals for Webster Bank, N.A. in 2007
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 | 12,067 | $2,329,666,000 | $193,000 | $7,300,000 | $78,000 | $2,053,000 |
| Home Purchase | 11,949 | $2,339,933,000 | $195,000 | $21,300,000 | $84,000 | $4,513,000 |
| Home Improvement | 3,342 | $427,892,000 | $128,000 | $5,775,000 | $86,000 | $1,888,000 |
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 | 18,410 | $3,476,609,000 | $188,000 | $5,775,000 | $93,000 | $4,513,000 |
| Not applicable | 2,759 | $507,611,000 | $183,000 | $21,300,000 | $1,000 | $138,000 |
| Not Provided | 1,922 | $350,372,000 | $182,000 | $3,770,000 | $102,000 | $1,992,000 |
| Hispanic | 1,901 | $321,451,000 | $169,000 | $1,100,000 | $68,000 | $826,000 |
| Black or African American | 1,584 | $266,744,000 | $168,000 | $928,000 | $67,000 | $360,000 |
| Asian | 614 | $141,882,000 | $231,000 | $2,325,000 | $101,000 | $915,000 |
| Native Hawaiian or Other Pacific Islander | 97 | $20,974,000 | $216,000 | $500,000 | $78,000 | $324,000 |
| American Indian or Alaskan Native | 71 | $11,848,000 | $166,000 | $415,000 | $77,000 | $330,000 |
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) | 22,687 | $4,247,693,000 | $187,000 | $21,300,000 | $86,000 | $4,513,000 |
| FHA-insured (Federal Housing Administration) | 4,039 | $713,541,000 | $176,000 | $468,000 | $57,000 | $398,000 |
| VA-guaranteed (Veterans Administration) | 632 | $136,257,000 | $215,000 | $608,000 | $57,000 | $192,000 |
| 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 | 15,893 | $3,017,606,000 | $189,000 | $21,300,000 | $91,000 | $4,513,000 |
| Application Denied By Financial Institution | 4,239 | $788,068,000 | $185,000 | $5,775,000 | $80,000 | $1,800,000 |
| Application Approved But Not Accepted | 2,885 | $574,163,000 | $199,000 | $2,948,000 | $98,000 | $1,992,000 |
| Loan Purchased By The Institution | 2,725 | $409,424,000 | $150,000 | $1,500,000 | $1,000 | $138,000 |
| File Closed For Incompleteness | 805 | $163,756,000 | $203,000 | $3,965,000 | $106,000 | $3,024,000 |
| Application Withdrawn By Applicant | 621 | $107,379,000 | $172,000 | $1,480,000 | $94,000 | $983,000 |
| Preapproval Denied by Financial Institution | 190 | $37,095,000 | $195,000 | $960,000 | $55,000 | $338,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 1,694 | $306,978,000 | $181,000 | $2,700,000 | $60,000 | $665,000 |
| Credit History | 1,228 | $209,767,000 | $170,000 | $1,225,000 | $79,000 | $948,000 |
| Collateral | 566 | $110,113,000 | $194,000 | $2,520,000 | $99,000 | $1,394,000 |
| Other | 532 | $94,235,000 | $177,000 | $1,788,000 | $97,000 | $1,800,000 |
| Unverifiable Information | 148 | $30,206,000 | $204,000 | $900,000 | $94,000 | $330,000 |
| Employment History | 134 | $30,144,000 | $224,000 | $1,000,000 | $89,000 | $336,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 107 | $39,094,000 | $365,000 | $5,775,000 | $137,000 | $1,440,000 |
| Credit Application Incomplete | 13 | $2,815,000 | $216,000 | $509,000 | $96,000 | $262,000 |
| Mortgage Insurance Denied | 7 | $1,811,000 | $258,000 | $361,000 | $96,000 | $134,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Webster Bank, N.A.'s 2007 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 Webster Bank, N.A.'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 Connecticut, 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