In 2010, lenders reported 1,202 mortgage applications in Nantucket County, MA totaling $880.3 million, down 17% from 2009. The average application was for $732,000, and applicants reported an average income of $437,000. 51% of applications resulted in an originated loan and 21% were denied. The most active lender was Sovereign Bank, with 171 applications, followed by Bank of America, N.A. and Wells Fargo Bank, NA.
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| 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 | 1,202 |
| Total Mortgage Loan Application Amount | $880,275,000 |
| Average Mortgage Loan Application Amount | $732,000 |
| Highest Mortgage Loan Application Amount | $11,724,000 |
| Average Applicant Income | $437,000 |
| Highest Applicant Income | $9,999,000 |
| Mortgage Lender | Phone Number | Mortgage Lender Assets | Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications |
|---|---|---|---|---|
| Sovereign Bank 1130 BERKSHIRE BOULEVARD WYOMISSING, PA 19610 |
* | $ 73,839,735,000 | 171 | $ 88,228,000 |
| Bank of America, N.A. 4500 PARK GRANADA CALABASAS, CA 91302 |
* | $ 1,465,221,449,000 | 150 | $ 94,064,000 |
| Wells Fargo Bank, NA 100 N MAIN STREET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 608,778,000,000 | 85 | $ 59,128,000 |
| JPMorgan Chase Bank, NA 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,627,684,000,000 | 80 | $ 68,540,000 |
| TD Bank N.A. 70 GRAY ROAD FALMOUTH, ME 04105 |
* | $ 140,038,551,000 | 80 | $ 76,750,000 |
| Ing Bank, FSB 1 SOUTH ORANGE STREET WILMINGTON, DE 19801 |
* | $ 90,293,933,000 | 44 | $ 45,911,000 |
| Citimortgage, Inc 601 LEXINGTON AVENUE, 20TH FLOOR NEW YORK, NY 10022 |
* | $ 1,019,497,000,000 | 40 | $ 25,106,000 |
| Hingham Institution for Savings 55 MAIN STREET HINGHAM, MA 02043 |
* | $ 925,599,000 | 40 | $ 48,258,000 |
| Cape Cod Five Cents Savings Bank 1500 IYANNOUGH RD HYANNIS, MA 02601 |
* | $ 1,917,521,000 | 32 | $ 16,600,000 |
| Mortgage Master, Inc. 102 ELM STREET WALPOLE, MA 02081 |
* | $ 11,250,346,000 | 29 | $ 13,375,000 |
| Merrill Lynch Credit Corp 4500 PARK GRANADA CA7-910-01-24 CALABASAS, CA 91302 |
* | $ 2,223,299,000 | 27 | $ 24,193,000 |
| Metlife Bank, N.A. 334 MADISON AVENUE CONVENT STATION, NJ 07961 |
* | $ 14,106,965,000 | 26 | $ 15,611,000 |
| US Bank, N.A. 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 276,376,130,000 | 21 | $ 22,256,000 |
| Ally Bank F/K/A/ Gmac Bank 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 55,302,902,000 | 20 | $ 7,750,000 |
| Rbs Citizens, N.A. ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 116,921,115,000 | 19 | $ 13,577,000 |
| Salem Five Mortgage Company LLC 210 ESSEX STREET SALEM, MA 01970 |
* | $ 642,980,000 | 18 | $ 17,565,000 |
| Gmac Mortgage LLC 1100 VIRGINIA DRIVE FT. WASHINGTON, PA 19034 |
* | $ 31,000,000 | 16 | $ 5,967,000 |
| Boston Private Bank & Trust Co TEN POST OFFICE SQUARE BOSTON, MA 02109 |
* | $ 3,184,386,000 | 14 | $ 24,639,000 |
| Wells Fargo Funding, Inc 100 N MAIN STREEET MAC D4001-063 WINSTON-SALEM, NC 27150 |
* | $ 25,457,000 | 14 | $ 7,392,000 |
| Rockland Trust Company 120 LIBERTY STREET BROCKTON, MA 02302 |
* | $ 4,485,775,000 | 11 | $ 10,541,000 |
| Provident Funding Associates 1235 NORTH DUTTON AVE STE E SANTA ROSA, CA 95401 |
* | $ 10,000,000 | 10 | $ 4,511,000 |
| Amerisave Mortgage Company 1200 ALTMORE AVENUE BUILDING 2 SUITE 300 SANDY SPRINGS, GA 30342 |
* | $ 8,994,122,000 | 9 | $ 4,641,000 |
| The Washington Trust Company, of Westerly 23 BROAD STREET WESTERLY, RI 02891 |
* | $ 2,882,295,000 | 9 | $ 6,236,000 |
| BNY Mellon, N.A. 500 GRANT STREET, ROOM 2850 PITTSBURGH, PA 15258 |
* | $ 9,827,492,000 | 8 | $ 8,910,000 |
| PHH Mortgage Corporation WEST PALM BEACH, FL 33409 |
* | $ 31,000,000 | 8 | $ 3,767,000 |
| Prospect Mortgage, LLC 15301 VENTURA BLVD SUITE D300 SHERMAN OAKS, CA 91403 |
* | $ 10,000,000 | 7 | $ 4,452,000 |
| Northern Trust Bank, FSB 10 WEST LONG LAKE ROAD BLOOMFIELD HILLS, MI 48304 |
* | $ 1,385,622,000 | 7 | $ 11,595,000 |
| Charles Schwab Bank 211 MAIN STREET SAN FRANCISCO, CA 94105 |
* | $ 43,242,751,000 | 6 | $ 6,713,000 |
| Guaranteed Rate, Inc. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ 10,000,000 | 6 | $ 3,019,000 |
| Merrimack Mortgage Company, in 1045 ELM STREET, SUITE 601 MANCHESTER, NH 03101 |
* | $ 10,000,000 | 6 | $ 3,481,000 |
| USAA Federal Savings Bank 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 37,922,355,000 | 6 | $ 1,608,000 |
| First Residential Mortgage 9721 ORMSBY STATION RD. LOUISVILLE, KY 40223 |
* | $ 10,000,000 | 6 | $ 3,835,000 |
| Sierra Pacific Mortgage Co. Inc 1180 IRON POINT RD, SUITE 200 FOLSOM, CA 95630 |
* | $ 10,000,000 | 5 | $ 2,514,000 |
| American Equity Mortgage, Inc. 11933 WESTLINE INDUSTRIAL DRIVE SAINT LOUIS, MO 63146 |
* | $ 10,000,000 | 4 | $ 2,049,000 |
| Morgan Stanley Credit Corp 75 N. FAIRWAY DR. VERNON HILLS, IL 60061 |
* | $ 36,000,000 | 4 | $ 7,575,000 |
| Db Private Weath Mortgage Ltd. 345 PARK AVENUE, 14TH FL NEW YORK, NY 10154 |
* | $ 35,425,000,000 | 4 | $ 12,152,000 |
| Eastern Bank 195 MARKET ST LYNN, MA 01901 |
* | $ 6,584,641,000 | 4 | $ 2,657,000 |
| Suntrust Mortgage, Inc 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 164,340,844,000 | 3 | $ 2,888,000 |
| Onewest Bank, FSB 888 EAST WALNUT ST PASADENA, CA 91101 |
* | $ 23,286,247,000 | 3 | $ 1,084,000 |
| UBS Ag, Tampa Branch 3000 BAYPORT TAMPA, FL 33607 |
* | $ 2,019,000,000 | 3 | $ 1,812,000 |
| PNC Bank N.A. 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 260,309,849,000 | 3 | $ 3,708,000 |
| HSBC Mortgage Corp 2929 WALDEN AVE DEPEW, NY 14043 |
* | $ 92,958,000 | 3 | $ 2,951,000 |
| First Home Mortgage 6211 GREENLEIGH AVENUE SUITE 300 BALTIMORE, MD 21220 |
* | $ 10,000,000 | 3 | $ 1,445,000 |
| Atlantic Home Lending, Inc. 275 TURNPIKE STREET, SUITE 203 CANTON, MA 02021 |
* | $ 10,000,000 | 3 | $ 1,214,000 |
| Flagstar Bank 5151 CORPORATE DR TROY, MI 48098 |
* | $ 14,483,100,000 | 3 | $ 1,201,000 |
| Embrace Home Loans, Inc. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 3 | $ 1,393,000 |
| North American Savings Bank 12498 S 71 HIGHWAY GRANDVIEW, MO 64030 |
* | $ 1,506,113,000 | 3 | $ 1,495,000 |
| Bank of Canton 490 TURNPIKE STREET CANTON, MA 02021 |
* | $ 724,842,000 | 3 | $ 2,003,000 |
| Graystone Tower Bank 1826 GOOD HOPE ROAD ENOLA, PA 17025 |
* | $ 1,375,160,000 | 2 | $ 892,000 |
| Winter Hill Fed Savings Bank 342 BROADWAY SOMERVILLE, MA 02145 |
* | $ 260,829,000 | 2 | $ 1,387,000 |
| Martha's Vineyard Savings Bank 78 MAIN STREET EDGARTOWN, MA 02539 |
* | $ 484,120,000 | 2 | $ 1,050,000 |
| Digital Federal Credit Union 220 DONALD LYNCH BOULEVARD MARLBOROUGH, MA 01752 |
* | $ 3,938,342,000 | 2 | $ 1,900,000 |
| American Airlines Federal Cred 4151 AMON CARTER BLVD FORT WORTH, TX 76155 |
* | $ 5,061,586,000 | 2 | $ 2,817,000 |
| Poli Mortgage Group, Inc. 780 DEDHAM STREET CANTON, MA 02021 |
* | $ 7,525,858,000 | 2 | $ 834,000 |
| Greenpark Mortgage Corporation 140 GOULD STREET NEEDHAM, MA 02494 |
* | $ 1,031,643,000 | 2 | $ 775,000 |
| Home Point Financial Corporation 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ 40,000,000 | 2 | $ 827,000 |
| William Raveis Mortgage, LLC 7 TRAP FALLS ROAD SHELTON, CT 06484 |
* | $ 10,000,000 | 2 | $ 1,130,000 |
| Home Loan Center 163 TECHNOLOGY DRIVE IRVINE, CA 92618 |
* | $ 10,000,000 | 2 | $ 1,163,000 |
| Msa Mortgage, LLC 5 FREMONT STREET WINTHROP, MA 02152 |
* | $ 10,000,000 | 2 | $ 905,000 |
| American Internet Mortgage, Inc. 4121 CAMINO DEL RIO SOUTH SAN DIEGO, CA 92108 |
* | $ 10,000,000 | 2 | $ 1,085,000 |
| Fairway Independent Mort Corp 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ 10,000,000 | 2 | $ 944,000 |
| Leader Bank NA 141 MASSACHUSETTS AVENUE ARLINGTON, MA 02474 |
* | $ 312,305,000 | 2 | $ 1,460,000 |
| Webster Bank, N.A. 145 BANK ST WATERBURY, CT 06702 |
* | $ 17,699,215,000 | 2 | $ 751,000 |
| People's United Bank 850 MAIN STREET BRIDGEPORT, CT 06604 |
* | $ 20,637,335,000 | 2 | $ 1,475,000 |
| Fieldpoint Private Bank & Trus 100 FIELD POINT ROAD GREENWICH, CT 06830 |
* | $ 279,501,000 | 2 | $ 2,799,000 |
| Pentagon Federal Credit Union 14300 SULLYFIELD CIRCLE CHANTILLY, VA 20151 |
* | $ 13,969,885,000 | 2 | $ 2,205,000 |
| US Bank North Dakota 777 EAST WISCONSIN AVE MILWAUKEE, WI 53202 |
* | $ 5,122,657,000 | 2 | $ 1,600,000 |
| Stifel Bank & Trust 501 N BROADWAY ST LOUIS, MO 63141 |
* | $ 1,159,367,000 | 2 | $ 1,262,000 |
| UBS Bank, USA 299 SOUTH MAIN STREET - SUITE 2275 SALT LAKE CITY, UT 84111 |
* | $ 30,049,614,000 | 2 | $ 1,323,000 |
| Cambridge Savings Bank 1374 MASSACHUSETTS AVENUE CAMBRIDGE, MA 02138 |
* | $ 2,160,743,000 | 2 | $ 1,500,000 |
| Wainwright Bank & Trust Compan 63 FRANKLIN ST. BOSTON, MA 02110 |
* | $ 1,014,476,000 | 2 | $ 1,338,000 |
| Enterprise Bank and Trust Company 222 MERRIMACK STREET LOWELL, MA 01852 |
* | $ 1,303,325,000 | 1 | $ 417,000 |
| Firstbank of Littleton 101 WEST COUNTY LINE ROAD LITTLETON, CO 80126 |
* | $ 481,442,000 | 1 | $ 2,000,000 |
| Transportation Federal Credit Union 1600 CAMERON STREET ALEXANDRIA, VA 22314 |
* | $ 164,138,000 | 1 | $ 100,000 |
| The Huntington National Bank 7575 HUNTINGTON PARK DR COLUMBUS, OH 43235 |
* | $ 51,111,245,000 | 1 | $ 2,012,000 |
| First Hope Bank A National Banking Association 1301 HOPE-BRIDGEVILLE ROAD HOPE, NJ 07844 |
* | $ 432,587,000 | 1 | $ 508,000 |
| Northampton Cooperative Bank 67 KING STREET, PO BOX 150 NORTHAMPTON, MA 01061 |
* | $ 152,856,000 | 1 | $ 200,000 |
| Regions Bank 1900 5TH AVENUE N - ALBH10903B BIRMINGHAM, AL 35203 |
* | $ 138,006,763,000 | 1 | $ 417,000 |
| Firstbank 10403 WEST COLFAX AVENUE LAKEWOOD, CO 80215 |
* | $ 986,629,000 | 1 | $ 2,000,000 |
| Needham Bank 1063 GREAT PLAIN AVE NEEDHAM, MA 02492 |
* | $ 1,095,776,000 | 1 | $ 2,000,000 |
| M&T Bank 1 M&T PLAZA -15TH FLOOR BUFFALO, NY 14203 |
* | $ 67,860,327,000 | 1 | $ 729,000 |
| Evolve Bank & Trust 6000 POPLAR AVENUE SUITE 300 MEMPHIS, TN 38119 |
* | $ 123,758,000 | 1 | $ 324,000 |
| The Adirondack Trust Company 473 BROADWAY SARATOGA SPRINGS, NY 12866 |
* | $ 857,271,000 | 1 | $ 1,964,000 |
| Suntrust Banks, Inc. P.O. BOX 4418, MAIL CODE 663 ATLANTA, GA 30302 |
* | $ 164,340,844,000 | 1 | $ 1,429,000 |
| Patriot Community Bank 237 LEXINGTON ST WOBURN, MA 01801 |
* | $ 75,326,000 | 1 | $ 379,000 |
| Tristate Capital Bank 301 GRANT STREET - 27TH FLOOR PITTSBURGH, PA 15219 |
* | $ 1,487,306,000 | 1 | $ 1,050,000 |
| First Choice Bank 669 WHITEHEAD ROAD LAWRENCEVILLE, NJ 08648 |
* | $ 267,565,000 | 1 | $ 393,000 |
| Citifinancial Services Inc 300 ST PAUL PLACE BALTIMORE, MD 21202 |
* | $ 1,494,037,000,000 | 1 | $ 50,000 |
| Branch Banking and Trust Co 223 W NASH STREET WILSON, NC 27893 |
* | $ 159,675,538,000 | 1 | $ 417,000 |
| City National Bank 555 SOUTH FLOWER STREET LOS ANGELES, CA 90071 |
* | $ 20,748,593,000 | 1 | $ 2,520,000 |
| Keybank National Association 100 PUBLIC SQUARE STE 600 OH-01-10-06006 CLEVELAND, OH 44113 |
* | $ 90,179,122,000 | 1 | $ 417,000 |
| Valley National Bank 1460 VALLEY ROAD WAYNE, NJ 07470 |
* | $ 14,262,595,000 | 1 | $ 577,000 |
| Harvest Bank 75 NORTH MAIN STREET KIMBALL, MN 55353 |
* | $ 1,018,949,000 | 1 | $ 830,000 |
| Associated Bank, N.A. 200 N ADAMS ST GREEN BAY, WI 54301 |
* | $ 22,564,122,000 | 1 | $ 2,200,000 |
| National Bank of Kansas City 10700 NALL AVENUE OVERLAND PARK, KS 66211 |
* | $ 708,191,000 | 1 | $ 579,000 |
| First Eastern Mortgage Corp 100 BRICKSTONE SQUARE ANDOVER, MA 01810 |
* | $ 71,936,000 | 1 | $ 366,000 |
| Marine Bank 3050 WABASH AVENUE SPRINGFIELD, IL 62704 |
* | $ 596,000,000 | 1 | $ 289,000 |
| Ameriprise Bank, FSB 707 2ND AVENUE SOUTH MINNEAPOLIS, MN 55474 |
* | $ 2,823,342,000 | 1 | $ 417,000 |
| First Place Bank 185 EAST MARKET WARREN, OH 44481 |
* | $ 3,245,297,000 | 1 | $ 417,000 |
| Post Oak Bank, N.A. 2000 WEST LOOP S, STE 100 HOUSTON, TX 77027 |
* | $ 407,845,000 | 1 | $ 6,000,000 |
| HSBC Bank USA, NA 1 HSBC CENTER - 24TH FLOOR BUFFALO, NY 14203 |
* | $ 167,165,244,000 | 1 | $ 991,000 |
| Sterling National Mortgage Co. 98 CUTTERMILL RD GREAT NECK, NY 11021 |
* | $ 964,388,000 | 1 | $ 225,000 |
| First Commons Bank, N.A. 718 BEACON STREET NEWTON CENTRE, MA 02459 |
* | $ 63,914,000 | 1 | $ 729,000 |
| Carnegie Mortgage 2297 STATE HIGHWAY 33 HAMILTON SQUARE, NJ 08690 |
* | $ 193,976,000 | 1 | $ 700,000 |
| The Village Bank 307 AUBURN STREET NEWTON, MA 02464 |
* | $ 670,059,000 | 1 | $ 585,000 |
| Fidelity Co-Operative Bank 9 LEOMINSTER CONNECTOR LEOMINSTER, MA 01453 |
* | $ 491,398,000 | 1 | $ 563,000 |
| Mayflower Cooperative Bank 8 RICHARDS ROAD PLYMOUTH, MA 02360 |
* | $ 243,956,000 | 1 | $ 300,000 |
| Pilgrim Bank 40 SOUTH MAIN STREET COHASSET, MA 02025 |
* | $ 159,878,000 | 1 | $ 1,885,000 |
| Mortgage Financial Inc 170 MAIN STREET, SUITE 108 TEWKSBURY, MA 01876 |
* | $ 10,000,000 | 1 | $ 440,000 |
| Franklin American Mortgage Co 501 CORPORATE CENTRE DRIVE, SUITE 400 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 1 | $ 141,000 |
| Members Mortgage Company, Inc. 10 CEDAR STREET, #11 WOBURN, MA 01801 |
* | $ 10,000,000 | 1 | $ 263,000 |
| Walker Jackson Mortgage Corpor 14501 GEORGE CARTER WAY CHANTILLY, VA 20151 |
* | $ 292,944,000 | 1 | $ 1,200,000 |
| Allied Home Mtg Capital Corp 6110 PINEMONT DR., STE. 215 HOUSTON, TX 77092 |
* | $ 10,000,000 | 1 | $ 600,000 |
| Mid-Island Mortgage Corp. 900 MERCHANTS CONCOURSE, SUITE #112 WESTBURY, NY 11590 |
* | $ 10,000,000 | 1 | $ 246,000 |
| Perl Mortgage, Inc. 2936 WEST BELMONT AVE CHICAGO, IL 60618 |
* | $ 11,000,000 | 1 | $ 411,000 |
| Gmh Mortgage Services LLC 625 W RIDGE PIKE STE 100; BUILDING C CONSHOHOCKEN, PA 19428 |
* | $ 17,353,000 | 1 | $ 313,000 |
| Village Capital & Investment 2460 PASEO VERDE PKWY SUITE 100 HENDERSON, NV 89074 |
* | $ 11,000,000 | 1 | $ 339,000 |
| Residential Finance Corp. 401 N. FRONT STREET, SUITE 300 COLUMBUS, OH 43215 |
* | $ 17,533,484,000 | 1 | $ 654,000 |
| Reliant Mortgage Company, LLC 100 CUMMINGS CENTER, SUITE 303 C BEVERLY, MA 01915 |
* | $ 10,000,000 | 1 | $ 324,000 |
| Atlantic Home Loans, Inc. 50 ROUTE 46 PARSIPPANY, NJ 07054 |
* | $ 10,000,000 | 1 | $ 1,000,000 |
| Colorado Federal Savings Bank 8400 EAST PRENTICE AVE, SUITE 545 GREENWOOD VILLAGE, CO 80111 |
* | $ 314,292,000 | 1 | $ 529,000 |
| Shamrock Home Loans, Inc. 75 NEWMAN AVE EAST PROVIDENCE, RI 02916 |
* | $ 4,122,000 | 1 | $ 225,000 |
| Luxury Mortgage Corp. FOUR LANDMARK SQUARE SUITE 300 STAMFORD, CT 06901 |
* | $ 10,000,000 | 1 | $ 450,000 |
| Primary Residential Mortgage 4750 W WILEY POST WAY SUITE 200 SALT LAKE CITY, UT 84116 |
* | $ 10,000,000 | 1 | $ 620,000 |
| First Citizens' Federal Credit Union 200 MILL RD, SUITE 100 FAIRHAVEN, MA 02719 |
* | $ 487,436,000 | 1 | $ 200,000 |
| Massmutual FCU 1295 STATE STREET SPRINGFIELD, MA 01111 |
* | $ 176,609,000 | 1 | $ 263,000 |
| Realtors FCU 9707 KEY WEST AVENUE, SUITE 201 ROCKVILLE, MD 20850 |
* | $ 38,773,000 | 1 | $ 400,000 |
| Residential Mortgage Services, Inc. 24 CHRISTOPHER TOPPI DRIVE SOUTH PORTLAND, ME 04106 |
* | $ 10,000,000 | 1 | $ 435,000 |
| Clearpoint Funding, Inc. 4 TECHNOLOGY DRIVE, SUITE 200 WESTBOROUGH, MA 01581 |
* | $ 10,000,000 | 1 | $ 417,000 |
| Presidential Bank, F.S.B. 4600 EAST-WEST HIGHWAY, SUITE 400 BETHESDA, MD 20814 |
* | $ 604,222,000 | 1 | $ 355,000 |
| Home Savings of America 35 E BROADWAY LITTLE FALLS, MN 56345 |
* | $ 477,531,000 | 1 | $ 621,000 |
| Middlesex Savings Bank 6 MAIN STREET NATICK, MA 01760 |
* | $ 3,952,397,000 | 1 | $ 238,000 |
| Danversbank 1 CONANT STREET DANVERS, MA 01923 |
* | $ 1,924,486,000 | 1 | $ 300,000 |
| Emigrant Mortgage Company, Inc. 5 EAST 42ND STREET NEW YORK, NY 10017 |
* | $ 6,177,447,000 | 1 | $ 150,000 |
| Cambridge Mortgage Group, LLC 50 SOUTH STREET, STE 210 HINGHAM, MA 02043 |
* | $ 943,623,000 | 1 | $ 417,000 |
| First State Mortgage Services 502 N HERSHEY ROAD BLOOMINGTON, IL 61704 |
* | $ 327,995,000 | 1 | $ 304,000 |
The tables below break down 2010 mortgage applications in Nantucket County, MA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.
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 | 908 | $652,347,000 | $718,000 | $11,724,000 | $409,000 | $9,999,000 |
| Home Purchase | 260 | $211,595,000 | $813,000 | $6,000,000 | $527,000 | $5,987,000 |
| Home Improvement | 34 | $16,333,000 | $480,000 | $1,500,000 | $478,000 | $2,859,000 |
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 | 922 | $652,629,000 | $707,000 | $5,000,000 | $433,000 | $9,999,000 |
| Not Provided | 185 | $137,774,000 | $744,000 | $2,658,000 | $575,000 | $4,273,000 |
| Not applicable | 80 | $81,321,000 | $1,016,000 | $11,724,000 | $184,000 | $6,871,000 |
| Asian | 6 | $3,387,000 | $564,000 | $900,000 | $215,000 | $400,000 |
| Hispanic | 4 | $1,857,000 | $464,000 | $608,000 | $112,000 | $149,000 |
| Black or African American | 3 | $2,330,000 | $776,000 | $1,605,000 | $406,000 | $742,000 |
| American Indian or Alaskan Native | 2 | $977,000 | $488,000 | $730,000 | $916,000 | $1,723,000 |
| Native Hawaiian or Other Pacific Islander | 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) | 1,175 | $867,101,000 | $737,000 | $11,724,000 | $444,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) | 25 | $12,149,000 | $485,000 | $691,000 | $104,000 | $190,000 |
| VA-guaranteed (Veterans Administration) | 2 | $1,025,000 | $512,000 | $620,000 | $98,000 | $106,000 |
| 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 | 616 | $466,157,000 | $756,000 | $11,724,000 | $510,000 | $9,999,000 |
| Application Denied By Financial Institution | 253 | $194,783,000 | $769,000 | $5,000,000 | $353,000 | $4,273,000 |
| Application Withdrawn By Applicant | 118 | $91,092,000 | $771,000 | $4,500,000 | $520,000 | $5,000,000 |
| Loan Purchased By The Institution | 117 | $56,140,000 | $479,000 | $2,000,000 | $169,000 | $2,859,000 |
| File Closed For Incompleteness | 50 | $35,264,000 | $705,000 | $3,100,000 | $324,000 | $3,400,000 |
| Application Approved But Not Accepted | 48 | $36,839,000 | $767,000 | $4,500,000 | $507,000 | $3,340,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial 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 | 96 | $68,482,000 | $713,000 | $2,520,000 | $269,000 | $4,273,000 |
| Collateral | 56 | $44,427,000 | $793,000 | $5,000,000 | $393,000 | $2,275,000 |
| Other | 35 | $27,109,000 | $774,000 | $2,000,000 | $511,000 | $1,454,000 |
| Credit Application Incomplete | 17 | $13,852,000 | $814,000 | $2,658,000 | $433,000 | $1,597,000 |
| Credit History | 15 | $15,219,000 | $1,014,000 | $3,400,000 | $482,000 | $1,540,000 |
| Unverifiable Information | 8 | $3,628,000 | $453,000 | $900,000 | $219,000 | $636,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $3,521,000 | $704,000 | $1,260,000 | $241,000 | $680,000 |
| Employment History | 2 | $1,460,000 | $730,000 | $1,195,000 | $209,000 | $317,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
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