Webster Bank, N.A. Mortgage Lending & HMDA Data, 2021

In 2021, Webster Bank, N.A. of Stamford, CT reported 14,091 mortgage applications totaling $5.4 billion, up 6% from 2020. The average application was for $385,036, and applicants reported an average income of $191,047. 60% of its applications resulted in an originated loan and 16% were denied. Its largest markets were Hartford-West Hartford-East Hartford, CT (3,242), Bridgeport-Stamford-Norwalk, CT (1,947) and New Haven-Milford, CT (1,910) (applications in parentheses).

Mortgage Company & Address Webster Bank, N.A.
145 Bank Street
Stamford, CT 06901
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 14,091
Total Mortgage Loan Application Amount $5,425,545,000
Average Mortgage Loan Application Amount $385,036
Highest Mortgage Loan Application Amount $69,105,000
Average Applicant Income $191,047
Highest Applicant Income $7,156,000

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Act (HMDA) records Webster Bank, N.A. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Totals for Webster Bank, N.A. by County in 2021

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Hartford, Connecticut 2,630 $ 440,520,000 $ 167,498 $ 125,000
Fairfield, Connecticut 1,947 $ 860,415,000 $ 441,918 $ 256,000
New Haven, Connecticut 1,910 $ 328,510,000 $ 171,994 $ 130,000
Bristol, Massachusetts 841 $ 178,545,000 $ 212,300 $ 124,000
Litchfield, Connecticut 800 $ 133,620,000 $ 167,025 $ 123,000
Westchester, New York 714 $ 365,610,000 $ 512,058 $ 300,000
Middlesex, Massachusetts 695 $ 407,925,000 $ 586,942 $ 262,000
Norfolk, Massachusetts 436 $ 251,850,000 $ 577,637 $ 258,000
Providence, Rhode Island 405 $ 91,565,000 $ 226,086 $ 128,000
Middlesex, Connecticut 374 $ 85,210,000 $ 227,834 $ 179,000
Suffolk, Massachusetts 324 $ 198,730,000 $ 613,364 $ 236,000
Plymouth, Massachusetts 269 $ 103,375,000 $ 384,293 $ 192,000
Tolland, Connecticut 238 $ 45,590,000 $ 191,554 $ 142,000
Kings, New York 168 $ 170,770,000 $ 1,016,488 $ 285,000
Washington, Rhode Island 161 $ 56,585,000 $ 351,459 $ 220,000
New London, Connecticut 149 $ 47,395,000 $ 318,087 $ 178,000
Suffolk, New York 140 $ 115,470,000 $ 824,785 $ 427,000
Worcester, Massachusetts 137 $ 61,215,000 $ 446,824 $ 203,000
Kent, Rhode Island 135 $ 24,385,000 $ 180,629 $ 132,000
Essex, Massachusetts 124 $ 83,120,000 $ 670,322 $ 248,000
Nassau, New York 120 $ 78,260,000 $ 652,166 $ 307,000
Newport, Rhode Island 102 $ 32,850,000 $ 322,058 $ 201,000
Hampden, Massachusetts 90 $ 24,910,000 $ 276,777 $ 128,000
Barnstable, Massachusetts 88 $ 39,890,000 $ 453,295 $ 237,000
Bristol, Rhode Island 80 $ 20,640,000 $ 258,000 $ 176,000
Bergen, New Jersey 75 $ 61,485,000 $ 819,800 $ 343,000
Queens, New York 68 $ 49,280,000 $ 724,705 $ 227,000
New York, New York 49 $ 60,875,000 $ 1,242,346 $ 364,000
Dutchess, New York 39 $ 8,045,000 $ 206,282 $ 135,000
Windham, Connecticut 38 $ 9,290,000 $ 244,473 $ 129,000
Essex, New Jersey 33 $ 25,995,000 $ 787,727 $ 353,000
Bronx, New York 32 $ 13,140,000 $ 410,625 $ 172,000
Rockland, New York 30 $ 11,460,000 $ 382,000 $ 221,000
Putnam, New York 27 $ 10,215,000 $ 378,333 $ 159,000
Palm Beach, Florida 20 $ 12,780,000 $ 639,000 $ 477,000
Monmouth, New Jersey 20 $ 12,860,000 $ 643,000 $ 499,000
Union, New Jersey 20 $ 13,930,000 $ 696,500 $ 323,000
Collier, Florida 19 $ 11,875,000 $ 625,000 $ 490,000
Dukes, Massachusetts 16 $ 8,360,000 $ 522,500 $ 224,000
Morris, New Jersey 16 $ 32,580,000 $ 2,036,250 $ 394,000
Rockingham, New Hampshire 14 $ 8,120,000 $ 580,000 $ 294,000
Middlesex, New Jersey 13 $ 4,765,000 $ 366,538 $ 181,000
Philadelphia, Pennsylvania 13 $ 11,475,000 $ 882,692 $ 333,000
Ocean, New Jersey 12 $ 6,760,000 $ 563,333 $ 288,000
Cumberland, Maine 11 $ 7,385,000 $ 671,363 $ 377,000
Berkshire, Massachusetts 11 $ 2,555,000 $ 232,272 $ 213,000
Hillsborough, New Hampshire 11 $ 39,515,000 $ 3,592,272 $ 192,000
Orange, New York 11 $ 2,275,000 $ 206,818 $ 176,000
Mercer, New Jersey 10 $ 8,030,000 $ 803,000 $ 323,000
Broward, Florida 9 $ 2,725,000 $ 302,777 $ 183,000
Burlington, New Jersey 9 $ 4,105,000 $ 456,111 $ 254,000
Hudson, New Jersey 9 $ 7,255,000 $ 806,111 $ 482,000
Richmond, New York 9 $ 3,245,000 $ 360,555 $ 211,000
Lee, Florida 8 $ 2,420,000 $ 302,500 $ 295,000
Grafton, New Hampshire 8 $ 2,510,000 $ 313,750 $ 383,000
Windham, Vermont 8 $ 2,140,000 $ 267,500 $ 316,000
Sarasota, Florida 7 $ 1,045,000 $ 149,285 $ 93,000
Hampshire, Massachusetts 7 $ 1,335,000 $ 190,714 $ 163,000
Somerset, New Jersey 7 $ 4,205,000 $ 600,714 $ 306,000
Ulster, New York 6 $ 2,880,000 $ 480,000 $ 230,000
Montgomery, Pennsylvania 6 $ 4,290,000 $ 715,000 $ 207,000
Beaufort, South Carolina 6 $ 5,900,000 $ 983,333 $ 632,000
Horry, South Carolina 6 $ 1,050,000 $ 175,000 $ 126,000
Carroll, New Hampshire 5 $ 1,055,000 $ 211,000 $ 326,000
Chittenden, Vermont 5 $ 3,435,000 $ 687,000 $ 226,000
Windsor, Vermont 5 $ 1,595,000 $ 319,000 $ 220,000
Hillsborough, Florida 4 $ 1,550,000 $ 387,500 $ 144,000
Martin, Florida 4 $ 1,140,000 $ 285,000 $ 156,000
Belknap, New Hampshire 4 $ 3,280,000 $ 820,000 $ 454,000
Merrimack, New Hampshire 4 $ 1,510,000 $ 377,500 $ 369,000
Chester, Pennsylvania 4 $ 2,030,000 $ 507,500 $ 222,000
Rutland, Vermont 4 $ 590,000 $ 147,500 $ 168,000
Mohave, Arizona 3 $ 165,000 $ 55,000 $ 20,000
Charlotte, Florida 3 $ 1,905,000 $ 635,000 $ 282,000
Manatee, Florida 3 $ 625,000 $ 208,333 $ 172,000
Miami-Dade, Florida 3 $ 465,000 $ 155,000 $ 156,000
Orange, Florida 3 $ 865,000 $ 288,333 $ 25,000
St. Johns, Florida 3 $ 375,000 $ 125,000 $ 132,000
St. Lucie, Florida 3 $ 895,000 $ 298,333 $ 103,000
Camden, New Jersey 3 $ 925,000 $ 308,333 $ 265,000
Warren, New York 3 $ 735,000 $ 245,000 $ 359,000
Allegheny, Pennsylvania 3 $ 1,805,000 $ 601,666 $ 269,000
Bucks, Pennsylvania 3 $ 2,025,000 $ 675,000 $ 279,000
Delaware, Pennsylvania 3 $ 2,345,000 $ 781,666 $ 270,000
Orleans, Vermont 3 $ 3,615,000 $ 1,205,000 $ 407,000
Sheboygan, Wisconsin 3 $ 365,000 $ 121,666 $ 0
Brevard, Florida 2 $ 490,000 $ 245,000 $ 114,000
Duval, Florida 2 $ 590,000 $ 295,000 $ 340,000
Pasco, Florida 2 $ 380,000 $ 190,000 $ 102,000
Sumter, Florida 2 $ 570,000 $ 285,000 $ 103,000
York, Maine 2 $ 1,710,000 $ 855,000 $ 317,000
Nantucket, Massachusetts 2 $ 3,980,000 $ 1,990,000 $ 618,000
Cape May, New Jersey 2 $ 860,000 $ 430,000 $ 288,000
Monroe, New York 2 $ 270,000 $ 135,000 $ 245,000
Mecklenburg, North Carolina 2 $ 1,060,000 $ 530,000 $ 328,000
Washington, Pennsylvania 2 $ 1,710,000 $ 855,000 $ 210,000
Lamoille, Vermont 2 $ 800,000 $ 400,000 $ 261,000
Butte, California 1 $ 155,000 $ 155,000 $ 64,000
San Diego, California 1 $ 175,000 $ 175,000 $ 121,000
Pueblo, Colorado 1 $ 85,000 $ 85,000 $ 62,000
District of Columbia, District Of Columbia 1 $ 69,105,000 $ 69,105,000 $ 0
Bay, Florida 1 $ 355,000 $ 355,000 $ 130,000
Flagler, Florida 1 $ 525,000 $ 525,000 $ 151,000
Indian River, Florida 1 $ 15,000 $ 15,000 $ 0
Lake, Florida 1 $ 195,000 $ 195,000 $ 163,000
Monroe, Florida 1 $ 475,000 $ 475,000 $ 178,000
Okaloosa, Florida 1 $ 45,000 $ 45,000 $ 49,000
Osceola, Florida 1 $ 335,000 $ 335,000 $ 293,000
Pinellas, Florida 1 $ 395,000 $ 395,000 $ 281,000
Polk, Florida 1 $ 195,000 $ 195,000 $ 86,000
Volusia, Florida 1 $ 25,000 $ 25,000 $ 81,000
Gwinnett, Georgia 1 $ 285,000 $ 285,000 $ 45,000
Richmond, Georgia 1 $ 55,000 $ 55,000 $ 96,000
Cook, Illinois 1 $ 95,000 $ 95,000 $ 0
Monroe, Illinois 1 $ 215,000 $ 215,000 $ 160,000
Boone, Kentucky 1 $ 25,000 $ 25,000 $ 71,000
Androscoggin, Maine 1 $ 585,000 $ 585,000 $ 210,000
Franklin, Maine 1 $ 155,000 $ 155,000 $ 33,000
Lincoln, Maine 1 $ 685,000 $ 685,000 $ 328,000
Oxford, Maine 1 $ 1,045,000 $ 1,045,000 $ 307,000
Waldo, Maine 1 $ 555,000 $ 555,000 $ 115,000
Worcester, Maryland 1 $ 155,000 $ 155,000 $ 69,000
Franklin, Massachusetts 1 $ 65,000 $ 65,000 $ 96,000
Coos, New Hampshire 1 $ 225,000 $ 225,000 $ 0
Sullivan, New Hampshire 1 $ 975,000 $ 975,000 $ 261,000
Atlantic, New Jersey 1 $ 605,000 $ 605,000 $ 305,000
Gloucester, New Jersey 1 $ 605,000 $ 605,000 $ 284,000
Passaic, New Jersey 1 $ 55,000 $ 55,000 $ 101,000
Sussex, New Jersey 1 $ 175,000 $ 175,000 $ 60,000
Warren, New Jersey 1 $ 25,000 $ 25,000 $ 103,000
Albany, New York 1 $ 205,000 $ 205,000 $ 80,000
Allegany, New York 1 $ 245,000 $ 245,000 $ 104,000
Columbia, New York 1 $ 825,000 $ 825,000 $ 2,700,000
Erie, New York 1 $ 135,000 $ 135,000 $ 78,000
Onondaga, New York 1 $ 45,000 $ 45,000 $ 122,000
Otsego, New York 1 $ 45,000 $ 45,000 $ 49,000
Saratoga, New York 1 $ 695,000 $ 695,000 $ 1,256,000
Schuyler, New York 1 $ 725,000 $ 725,000 $ 212,000
Sullivan, New York 1 $ 605,000 $ 605,000 $ 427,000
Wyoming, New York 1 $ 55,000 $ 55,000 $ 170,000
Brunswick, North Carolina 1 $ 225,000 $ 225,000 $ 39,000
Catawba, North Carolina 1 $ 275,000 $ 275,000 $ 0
Currituck, North Carolina 1 $ 525,000 $ 525,000 $ 392,000
Transylvania, North Carolina 1 $ 425,000 $ 425,000 $ 12,000
Union, North Carolina 1 $ 715,000 $ 715,000 $ 182,000
Cleveland, Oklahoma 1 $ 55,000 $ 55,000 $ 48,000
Wagoner, Oklahoma 1 $ 45,000 $ 45,000 $ 56,000
Berks, Pennsylvania 1 $ 165,000 $ 165,000 $ 30,000
Butler, Pennsylvania 1 $ 555,000 $ 555,000 $ 289,000
Lancaster, Pennsylvania 1 $ 895,000 $ 895,000 $ 709,000
Pike, Pennsylvania 1 $ 605,000 $ 605,000 $ 1,850,000
Susquehanna, Pennsylvania 1 $ 215,000 $ 215,000 $ 0
York, Pennsylvania 1 $ 785,000 $ 785,000 $ 442,000
Charleston, South Carolina 1 $ 1,955,000 $ 1,955,000 $ 641,000
Fairfield, South Carolina 1 $ 255,000 $ 255,000 $ 137,000
Georgetown, South Carolina 1 $ 495,000 $ 495,000 $ 105,000
Dallas, Texas 1 $ 19,145,000 $ 19,145,000 $ 0
Lampasas, Texas 1 $ 55,000 $ 55,000 $ 85,000
Tarrant, Texas 1 $ 16,805,000 $ 16,805,000 $ 0
Travis, Texas 1 $ 23,305,000 $ 23,305,000 $ 0
Bennington, Vermont 1 $ 695,000 $ 695,000 $ 885,000
Grand Isle, Vermont 1 $ 1,155,000 $ 1,155,000 $ 454,000
Washington, Vermont 1 $ 255,000 $ 255,000 $ 188,000
Chesterfield, Virginia 1 $ 655,000 $ 655,000 $ 180,000
Fairfax, Virginia 1 $ 125,000 $ 125,000 $ 87,000
Virginia Beach, Virginia 1 $ 20,005,000 $ 20,005,000 $ 0
Racine, Wisconsin 1 $ 315,000 $ 315,000 $ 0

Mortgage Loan Application Detail Totals for Webster Bank, N.A. in 2021

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 5,709 $1,817,655,000 $318,000 $6,005,000 $179,000 $6,781,000
Home Purchase 2,804 $2,515,450,000 $897,000 $61,005,000 $256,000 $7,156,000
Home Improvement 2,732 $438,940,000 $160,000 $69,105,000 $173,000 $6,480,000
Other Purpose 1,572 $219,090,000 $139,000 $3,005,000 $173,000 $2,910,000
Cash-out Refinancing 1,272 $434,020,000 $341,000 $7,005,000 $163,000 $2,700,000
Not Applicable 2 $390,000 $195,000 $255,000 $0 $0

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 10,407 $3,298,535,000 $316,000 $5,155,000 $189,000 $6,781,000
Not Provided 1,539 $586,215,000 $380,000 $10,005,000 $229,000 $7,156,000
Asian 775 $341,575,000 $440,000 $2,505,000 $215,000 $1,200,000
Hispanic 681 $173,845,000 $255,000 $2,405,000 $140,000 $1,380,000
Black or African American 458 $89,670,000 $195,000 $1,825,000 $114,000 $1,095,000
Not applicable 192 $926,500,000 $4,825,000 $69,105,000 $0 $0
American Indian or Alaskan Native 26 $4,800,000 $184,000 $705,000 $123,000 $286,000
Native Hawaiian or Other Pacific Islander 9 $2,415,000 $268,000 $545,000 $123,000 $224,000

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) 14,048 $5,415,480,000 $385,000 $69,105,000 $191,000 $7,156,000
FHA-insured (Federal Housing Administration) 41 $9,615,000 $234,000 $485,000 $63,000 $165,000
VA-guaranteed (Veterans Administration) 2 $450,000 $225,000 $255,000 $94,000 $146,000
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 8,507 $3,307,655,000 $388,000 $61,005,000 $202,000 $7,156,000
Application Denied By Financial Institution 2,215 $494,635,000 $223,000 $20,005,000 $142,000 $6,456,000
File Closed For Incompleteness 1,493 $488,485,000 $327,000 $5,155,000 $203,000 $4,750,000
Application Withdrawn By Applicant 979 $819,395,000 $836,000 $69,105,000 $184,000 $6,781,000
Application Approved But Not Accepted 620 $235,380,000 $379,000 $3,715,000 $198,000 $2,076,000
Loan Purchased By The Institution 165 $41,285,000 $250,000 $725,000 $0 $0
Preapproval Approved but not Accepted 87 $30,755,000 $353,000 $1,355,000 $133,000 $918,000
Preapproval Denied by Financial Institution 25 $7,955,000 $318,000 $1,005,000 $92,000 $345,000

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
Not applicable 11,851 $4,922,955,000 $415,000 $69,105,000 $200,000 $7,156,000
Debt-To-Income Ratio 669 $161,175,000 $240,000 $3,075,000 $82,000 $784,000
Credit History 665 $100,195,000 $150,000 $2,005,000 $150,000 $6,456,000
Other 423 $126,215,000 $298,000 $20,005,000 $195,000 $2,574,000
Collateral 382 $75,270,000 $197,000 $1,825,000 $165,000 $2,360,000
Unverifiable Information 51 $7,585,000 $148,000 $695,000 $91,000 $360,000
Insufficient Cash (Downpayment, Closing Cost) 31 $27,535,000 $888,000 $4,005,000 $312,000 $1,174,000
Employment History 18 $4,300,000 $238,000 $785,000 $103,000 $264,000
Credit Application Incomplete 1 $315,000 $315,000 $315,000 $105,000 $105,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Webster Bank, N.A.'s 2021 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.
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