Webster Bank, N.A. Mortgage Lending & HMDA Data, 2022

In 2022, Webster Bank, N.A. of Stamford, CT reported 12,171 mortgage applications totaling $6.5 billion, down 14% from 2021. The average application was for $533,641, and applicants reported an average income of $195,253. 61% of its applications resulted in an originated loan and 17% were denied. Its largest markets were Hartford-West Hartford-East Hartford, CT (2,479), New York-Jersey City-White Plains, NY-NJ (1,658) and New Haven-Milford, CT (1,473) (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 12,171
Total Mortgage Loan Application Amount $6,494,945,000
Average Mortgage Loan Application Amount $533,641
Highest Mortgage Loan Application Amount $93,805,000
Average Applicant Income $195,253
Highest Applicant Income $7,528,000

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Act (HMDA) records Webster Bank, N.A. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2022

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Hartford, Connecticut 2,039 $ 301,565,000 $ 147,898 $ 126,000
New Haven, Connecticut 1,473 $ 286,395,000 $ 194,429 $ 131,000
Fairfield, Connecticut 1,459 $ 642,635,000 $ 440,462 $ 232,000
Bristol, Massachusetts 667 $ 115,475,000 $ 173,125 $ 115,000
Litchfield, Connecticut 601 $ 94,565,000 $ 157,346 $ 122,000
Westchester, New York 590 $ 324,810,000 $ 550,525 $ 297,000
Middlesex, Massachusetts 531 $ 309,525,000 $ 582,909 $ 257,000
Kings, New York 329 $ 593,375,000 $ 1,803,571 $ 284,000
Providence, Rhode Island 303 $ 89,115,000 $ 294,108 $ 127,000
Norfolk, Massachusetts 283 $ 167,965,000 $ 593,515 $ 295,000
Suffolk, Massachusetts 277 $ 379,495,000 $ 1,370,018 $ 244,000
Middlesex, Connecticut 267 $ 53,135,000 $ 199,007 $ 169,000
Plymouth, Massachusetts 259 $ 103,685,000 $ 400,328 $ 211,000
Nassau, New York 234 $ 165,180,000 $ 705,897 $ 264,000
Suffolk, New York 185 $ 137,075,000 $ 740,945 $ 336,000
Tolland, Connecticut 173 $ 27,975,000 $ 161,705 $ 138,000
Queens, New York 171 $ 194,955,000 $ 1,140,087 $ 177,000
Bergen, New Jersey 131 $ 97,325,000 $ 742,938 $ 332,000
Essex, Massachusetts 128 $ 121,710,000 $ 950,859 $ 246,000
Rockland, New York 114 $ 56,460,000 $ 495,263 $ 239,000
New York, New York 113 $ 268,955,000 $ 2,380,132 $ 472,000
Bronx, New York 109 $ 97,915,000 $ 898,302 $ 134,000
Worcester, Massachusetts 103 $ 78,305,000 $ 760,242 $ 192,000
Kent, Rhode Island 92 $ 16,040,000 $ 174,347 $ 138,000
Washington, Rhode Island 91 $ 35,175,000 $ 386,538 $ 217,000
New London, Connecticut 88 $ 19,900,000 $ 226,136 $ 152,000
Hampden, Massachusetts 81 $ 14,155,000 $ 174,753 $ 126,000
Essex, New Jersey 68 $ 119,150,000 $ 1,752,205 $ 315,000
Monmouth, New Jersey 67 $ 48,395,000 $ 722,313 $ 360,000
Ocean, New Jersey 67 $ 39,825,000 $ 594,402 $ 288,000
Newport, Rhode Island 65 $ 17,505,000 $ 269,307 $ 204,000
Barnstable, Massachusetts 64 $ 32,220,000 $ 503,437 $ 350,000
Bristol, Rhode Island 54 $ 10,850,000 $ 200,925 $ 181,000
Orange, New York 49 $ 10,535,000 $ 215,000 $ 123,000
Hudson, New Jersey 41 $ 33,955,000 $ 828,170 $ 293,000
Morris, New Jersey 41 $ 33,435,000 $ 815,487 $ 330,000
Putnam, New York 31 $ 6,815,000 $ 219,838 $ 206,000
Rockingham, New Hampshire 30 $ 18,860,000 $ 628,666 $ 256,000
Union, New Jersey 28 $ 22,180,000 $ 792,142 $ 299,000
Dutchess, New York 23 $ 12,035,000 $ 523,260 $ 154,000
Palm Beach, Florida 22 $ 116,010,000 $ 5,273,181 $ 466,000
Richmond, New York 19 $ 11,815,000 $ 621,842 $ 284,000
Berkshire, Massachusetts 16 $ 2,730,000 $ 170,625 $ 123,000
Middlesex, New Jersey 16 $ 8,290,000 $ 518,125 $ 204,000
Windham, Connecticut 15 $ 2,145,000 $ 143,000 $ 148,000
Mercer, New Jersey 15 $ 86,315,000 $ 5,754,333 $ 322,000
Philadelphia, Pennsylvania 15 $ 42,415,000 $ 2,827,666 $ 287,000
Ulster, New York 14 $ 7,810,000 $ 557,857 $ 181,000
Somerset, New Jersey 13 $ 10,975,000 $ 844,230 $ 364,000
Dukes, Massachusetts 12 $ 3,850,000 $ 320,833 $ 241,000
Hillsborough, New Hampshire 10 $ 6,520,000 $ 652,000 $ 336,000
Passaic, New Jersey 10 $ 6,350,000 $ 635,000 $ 176,000
Windsor, Vermont 10 $ 5,740,000 $ 574,000 $ 502,000
Collier, Florida 8 $ 7,360,000 $ 920,000 $ 368,000
Lee, Florida 8 $ 1,400,000 $ 175,000 $ 89,000
Sarasota, Florida 8 $ 2,410,000 $ 301,250 $ 143,000
St. Johns, Florida 8 $ 2,080,000 $ 260,000 $ 235,000
Hampshire, Massachusetts 8 $ 2,410,000 $ 301,250 $ 153,000
Sullivan, New York 8 $ 1,370,000 $ 171,250 $ 90,000
Miami-Dade, Florida 7 $ 45,345,000 $ 6,477,857 $ 563,000
Chester, Pennsylvania 7 $ 49,885,000 $ 7,126,428 $ 268,000
Delaware, Pennsylvania 7 $ 4,855,000 $ 693,571 $ 299,000
Duval, Florida 6 $ 21,190,000 $ 3,531,666 $ 129,000
Cumberland, Maine 6 $ 5,360,000 $ 893,333 $ 267,000
Montgomery, Pennsylvania 6 $ 5,570,000 $ 928,333 $ 339,000
Nantucket, Massachusetts 5 $ 2,845,000 $ 569,000 $ 254,000
Merrimack, New Hampshire 5 $ 1,815,000 $ 363,000 $ 236,000
Burlington, New Jersey 5 $ 3,095,000 $ 619,000 $ 315,000
Bucks, Pennsylvania 5 $ 4,925,000 $ 985,000 $ 365,000
Broward, Florida 4 $ 32,460,000 $ 8,115,000 $ 109,000
Orange, Florida 4 $ 690,000 $ 172,500 $ 157,000
Belknap, New Hampshire 4 $ 1,940,000 $ 485,000 $ 276,000
Cheshire, New Hampshire 4 $ 640,000 $ 160,000 $ 144,000
Erie, New York 4 $ 670,000 $ 167,500 $ 85,000
Windham, Vermont 4 $ 870,000 $ 217,500 $ 553,000
Hillsborough, Florida 3 $ 1,595,000 $ 531,666 $ 258,000
Indian River, Florida 3 $ 535,000 $ 178,333 $ 112,000
Manatee, Florida 3 $ 585,000 $ 195,000 $ 211,000
York, Maine 3 $ 1,525,000 $ 508,333 $ 236,000
Grafton, New Hampshire 3 $ 1,055,000 $ 351,666 $ 217,000
Sullivan, New Hampshire 3 $ 805,000 $ 268,333 $ 236,000
Camden, New Jersey 3 $ 1,905,000 $ 635,000 $ 269,000
Cape May, New Jersey 3 $ 1,735,000 $ 578,333 $ 297,000
Broome, New York 3 $ 175,000 $ 58,333 $ 41,000
Monroe, New York 3 $ 485,000 $ 161,666 $ 138,000
Onondaga, New York 3 $ 255,000 $ 85,000 $ 77,000
Warren, New York 3 $ 2,145,000 $ 715,000 $ 607,000
Brunswick, North Carolina 3 $ 935,000 $ 311,666 $ 191,000
Mecklenburg, North Carolina 3 $ 2,625,000 $ 875,000 $ 229,000
Wake, North Carolina 3 $ 50,755,000 $ 16,918,333 $ 98,000
Allegheny, Pennsylvania 3 $ 2,575,000 $ 858,333 $ 279,000
Horry, South Carolina 3 $ 1,385,000 $ 461,666 $ 351,000
Spartanburg, South Carolina 3 $ 985,000 $ 328,333 $ 313,000
Bennington, Vermont 3 $ 1,415,000 $ 471,666 $ 809,000
Los Angeles, California 2 $ 40,350,000 $ 20,175,000 $ 1,241,000
San Mateo, California 2 $ 1,910,000 $ 955,000 $ 599,000
New Castle, Delaware 2 $ 55,660,000 $ 27,830,000 $ 0
Bay, Florida 2 $ 330,000 $ 165,000 $ 146,000
Charlotte, Florida 2 $ 530,000 $ 265,000 $ 180,000
Citrus, Florida 2 $ 150,000 $ 75,000 $ 90,000
Lake, Florida 2 $ 630,000 $ 315,000 $ 224,000
Marion, Florida 2 $ 510,000 $ 255,000 $ 76,000
Okaloosa, Florida 2 $ 330,000 $ 165,000 $ 134,000
Osceola, Florida 2 $ 450,000 $ 225,000 $ 157,000
Pasco, Florida 2 $ 19,610,000 $ 9,805,000 $ 164,000
Pinellas, Florida 2 $ 560,000 $ 280,000 $ 466,000
Polk, Florida 2 $ 150,000 $ 75,000 $ 70,000
Caddo, Louisiana 2 $ 890,000 $ 445,000 $ 39,000
Strafford, New Hampshire 2 $ 290,000 $ 145,000 $ 231,000
Gloucester, New Jersey 2 $ 1,890,000 $ 945,000 $ 382,000
Sussex, New Jersey 2 $ 1,030,000 $ 515,000 $ 448,000
Columbia, New York 2 $ 2,170,000 $ 1,085,000 $ 329,000
Essex, New York 2 $ 950,000 $ 475,000 $ 431,000
Fulton, New York 2 $ 150,000 $ 75,000 $ 141,000
Ontario, New York 2 $ 2,010,000 $ 1,005,000 $ 430,000
Otsego, New York 2 $ 170,000 $ 85,000 $ 149,000
Saratoga, New York 2 $ 1,190,000 $ 595,000 $ 177,000
Luzerne, Pennsylvania 2 $ 1,610,000 $ 805,000 $ 222,000
Chittenden, Vermont 2 $ 1,370,000 $ 685,000 $ 178,000
Marin, California 1 $ 1,455,000 $ 1,455,000 $ 529,000
Orange, California 1 $ 1,405,000 $ 1,405,000 $ 656,000
San Diego, California 1 $ 55,000 $ 55,000 $ 150,000
San Francisco, California 1 $ 455,000 $ 455,000 $ 360,000
Denver, Colorado 1 $ 215,000 $ 215,000 $ 62,000
Sussex, Delaware 1 $ 55,000 $ 55,000 $ 91,000
Brevard, Florida 1 $ 25,000 $ 25,000 $ 52,000
Clay, Florida 1 $ 205,000 $ 205,000 $ 476,000
Hernando, Florida 1 $ 65,000 $ 65,000 $ 32,000
Jackson, Florida 1 $ 165,000 $ 165,000 $ 86,000
Martin, Florida 1 $ 12,005,000 $ 12,005,000 $ 7,528,000
Nassau, Florida 1 $ 395,000 $ 395,000 $ 0
St. Lucie, Florida 1 $ 635,000 $ 635,000 $ 443,000
Tippecanoe, Indiana 1 $ 25,000 $ 25,000 $ 115,000
Lincoln, Maine 1 $ 255,000 $ 255,000 $ 158,000
Sagadahoc, Maine 1 $ 245,000 $ 245,000 $ 158,000
Waldo, Maine 1 $ 165,000 $ 165,000 $ 177,000
Montgomery, Maryland 1 $ 38,605,000 $ 38,605,000 $ 0
Franklin, Massachusetts 1 $ 205,000 $ 205,000 $ 69,000
Clay, Missouri 1 $ 5,000 $ 5,000 $ 24,000
Carroll, New Hampshire 1 $ 105,000 $ 105,000 $ 63,000
Warren, New Jersey 1 $ 645,000 $ 645,000 $ 200,000
Albany, New York 1 $ 255,000 $ 255,000 $ 111,000
Allegany, New York 1 $ 55,000 $ 55,000 $ 67,000
Cattaraugus, New York 1 $ 35,000 $ 35,000 $ 43,000
Clinton, New York 1 $ 75,000 $ 75,000 $ 88,000
Greene, New York 1 $ 695,000 $ 695,000 $ 360,000
Livingston, New York 1 $ 715,000 $ 715,000 $ 555,000
Niagara, New York 1 $ 75,000 $ 75,000 $ 0
Oswego, New York 1 $ 35,000 $ 35,000 $ 40,000
Rensselaer, New York 1 $ 255,000 $ 255,000 $ 195,000
Schenectady, New York 1 $ 75,000 $ 75,000 $ 259,000
Iredell, North Carolina 1 $ 255,000 $ 255,000 $ 298,000
Pamlico, North Carolina 1 $ 65,000 $ 65,000 $ 106,000
Lancaster, Pennsylvania 1 $ 845,000 $ 845,000 $ 206,000
Lehigh, Pennsylvania 1 $ 805,000 $ 805,000 $ 360,000
Pike, Pennsylvania 1 $ 185,000 $ 185,000 $ 103,000
Washington, Pennsylvania 1 $ 1,155,000 $ 1,155,000 $ 1,070,000
Wyoming, Pennsylvania 1 $ 315,000 $ 315,000 $ 133,000
Beaufort, South Carolina 1 $ 1,005,000 $ 1,005,000 $ 1,869,000
Charleston, South Carolina 1 $ 54,405,000 $ 54,405,000 $ 0
Pickens, South Carolina 1 $ 545,000 $ 545,000 $ 154,000
Franklin, Vermont 1 $ 205,000 $ 205,000 $ 149,000
Campbell, Virginia 1 $ 155,000 $ 155,000 $ 24,000
Chesterfield, Virginia 1 $ 52,005,000 $ 52,005,000 $ 0

Mortgage Loan Application Detail Totals for Webster Bank, N.A. in 2022

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 3,426 $3,131,910,000 $914,000 $93,805,000 $258,000 $3,938,000
Refinancing 3,345 $1,128,885,000 $337,000 $54,705,000 $169,000 $7,528,000
Home Improvement 3,192 $762,020,000 $238,000 $52,005,000 $173,000 $1,750,000
Other Purpose 1,650 $245,280,000 $148,000 $15,005,000 $162,000 $1,869,000
Cash-out Refinancing 555 $1,226,115,000 $2,209,000 $50,005,000 $193,000 $3,677,000
Not Applicable 3 $735,000 $245,000 $305,000 $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 8,386 $2,684,430,000 $320,000 $15,005,000 $194,000 $7,528,000
Not Provided 1,290 $509,800,000 $395,000 $4,165,000 $222,000 $2,100,000
Asian 771 $388,735,000 $504,000 $3,545,000 $242,000 $2,075,000
Hispanic 702 $182,680,000 $260,000 $3,005,000 $148,000 $2,427,000
Black or African American 505 $103,115,000 $204,000 $2,345,000 $120,000 $1,241,000
Not applicable 472 $2,613,060,000 $5,536,000 $93,805,000 $0 $0
American Indian or Alaskan Native 34 $9,160,000 $269,000 $1,225,000 $180,000 $1,040,000
Native Hawaiian or Other Pacific Islander 2 $870,000 $435,000 $785,000 $65,000 $65,000

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) 12,126 $6,481,430,000 $534,000 $93,805,000 $194,000 $7,528,000
FHA-insured (Federal Housing Administration) 44 $13,120,000 $298,000 $805,000 $87,000 $200,000
VA-guaranteed (Veterans Administration) 1 $395,000 $395,000 $395,000 $0 $0
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 7,427 $4,288,665,000 $577,000 $93,805,000 $216,000 $7,528,000
Application Denied By Financial Institution 2,066 $573,350,000 $277,000 $48,005,000 $135,000 $2,410,000
File Closed For Incompleteness 930 $264,030,000 $283,000 $8,125,000 $188,000 $3,677,000
Application Withdrawn By Applicant 823 $974,585,000 $1,184,000 $52,005,000 $178,000 $1,560,000
Application Approved But Not Accepted 504 $203,040,000 $402,000 $6,205,000 $205,000 $2,500,000
Loan Purchased By The Institution 251 $125,585,000 $500,000 $1,045,000 $111,000 $353,000
Preapproval Approved but not Accepted 112 $48,730,000 $435,000 $1,845,000 $148,000 $1,200,000
Preapproval Denied by Financial Institution 58 $16,960,000 $292,000 $2,995,000 $74,000 $560,000

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 10,047 $5,904,635,000 $587,000 $93,805,000 $207,000 $7,528,000
Debt-To-Income Ratio 689 $150,725,000 $218,000 $4,005,000 $81,000 $943,000
Credit History 509 $172,565,000 $339,000 $45,005,000 $115,000 $1,174,000
Other 467 $169,835,000 $363,000 $48,005,000 $202,000 $2,410,000
Collateral 389 $72,305,000 $185,000 $1,755,000 $159,000 $1,265,000
Unverifiable Information 32 $5,350,000 $167,000 $935,000 $118,000 $432,000
Employment History 19 $6,905,000 $363,000 $1,295,000 $164,000 $412,000
Insufficient Cash (Downpayment, Closing Cost) 17 $11,835,000 $696,000 $1,285,000 $227,000 $590,000
Credit Application Incomplete 2 $790,000 $395,000 $425,000 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Webster Bank, N.A.'s 2022 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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