Winchester Co-Operative Bank Mortgage Lending & HMDA Data, 2024
In 2024, Winchester Co-Operative Bank of Winchester, MA reported 192 mortgage applications totaling $144.2 million, down 26% from 2023. The average application was for $751,093, and applicants reported an average income of $269,911. 77% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Cambridge-Newton-Framingham, MA (136), Boston, MA (13) and Barnstable Town, MA (4) (applications in parentheses).
| Mortgage Company & Address | Winchester Co-Operative Bank 19 Church Street Winchester, MA 01890 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 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 192 |
| Total Mortgage Loan Application Amount | $144,210,000 |
| Average Mortgage Loan Application Amount | $751,093 |
| Highest Mortgage Loan Application Amount | $3,325,000 |
| Average Applicant Income | $269,911 |
| Highest Applicant Income | $1,859,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Winchester Co-Operative Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Cambridge-Newton-Framingham, MA | 136 | $ 107,760,000 | $ 792,352 | $ 271,000 |
| Outside any metro area | 29 | $ 21,695,000 | $ 748,103 | $ 289,758 |
| Boston, MA | 13 | $ 8,665,000 | $ 666,538 | $ 318,000 |
| Barnstable Town, MA | 4 | $ 1,350,000 | $ 337,500 | $ 160,000 |
| Portland-South Portland, ME | 3 | $ 1,165,000 | $ 388,333 | $ 179,000 |
| Rockingham County-Strafford County, NH | 3 | $ 1,125,000 | $ 375,000 | $ 194,000 |
| Worcester, MA-CT | 3 | $ 1,965,000 | $ 655,000 | $ 252,000 |
| Manchester-Nashua, NH | 1 | $ 485,000 | $ 485,000 | $ 136,000 |
Mortgage Loan Application Detail Totals for Winchester Co-Operative Bank in 2024
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 | 129 | $118,555,000 | $919,000 | $3,325,000 | $283,000 | $1,391,000 |
| Refinancing | 30 | $9,120,000 | $304,000 | $1,305,000 | $171,000 | $478,000 |
| Home Improvement | 22 | $13,260,000 | $602,000 | $3,025,000 | $298,000 | $583,000 |
| Other Purpose | 11 | $3,275,000 | $297,000 | $805,000 | $330,000 | $1,859,000 |
| Cash-out Refinancing | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 0 | $0 | $0 | $0 | $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 | 142 | $90,060,000 | $634,000 | $2,505,000 | $276,000 | $1,859,000 |
| Not applicable | 20 | $32,660,000 | $1,633,000 | $3,325,000 | $0 | $0 |
| Not Provided | 16 | $11,440,000 | $715,000 | $2,005,000 | $251,000 | $559,000 |
| Asian | 8 | $6,520,000 | $815,000 | $1,925,000 | $255,000 | $578,000 |
| Hispanic | 4 | $2,870,000 | $717,000 | $1,715,000 | $262,000 | $605,000 |
| Black or African American | 2 | $660,000 | $330,000 | $335,000 | $103,000 | $103,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 192 | $144,210,000 | $751,000 | $3,325,000 | $270,000 | $1,859,000 |
| 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 | 147 | $112,505,000 | $765,000 | $3,325,000 | $287,000 | $1,859,000 |
| Preapproval Approved but not Accepted | 18 | $13,410,000 | $745,000 | $1,285,000 | $223,000 | $559,000 |
| Application Withdrawn By Applicant | 14 | $10,110,000 | $722,000 | $1,925,000 | $281,000 | $729,000 |
| Application Denied By Financial Institution | 5 | $3,405,000 | $681,000 | $1,305,000 | $156,000 | $405,000 |
| Preapproval Denied by Financial Institution | 5 | $3,565,000 | $713,000 | $1,125,000 | $136,000 | $215,000 |
| File Closed For Incompleteness | 3 | $1,215,000 | $405,000 | $575,000 | $215,000 | $355,000 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 192 | $144,210,000 | $751,000 | $3,325,000 | $270,000 | $1,859,000 |
| 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 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Winchester Co-Operative Bank's 2024 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 Winchester Co-Operative Bank'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 Massachusetts, 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