Eastern Bank
Mortgage Loan Application
Totals and Details
for 2022
Find mortgage loan statistics, lending data, and loan application totals for Massachusetts.
The mortgage statistics and data below are specific to mortgage loan applications for Eastern Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.
| Mortgage Company & Address | Eastern Bank 195 Market St Lynn, MA 01901 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2022 2021 2020 2019 |
| Total Number of Mortgage Applications | 8,221 |
| Total Mortgage Loan Application Amount | $3,132,025,000 |
| Average Mortgage Loan Application Amount | $570,200 |
| Highest Mortgage Loan Application Amount | $54,665,000 |
| Average Applicant Income | $184,000 |
| Highest Applicant Income | $9,817,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MA, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Essex County Massachusetts | 1,763 | $ 402,925,000 | $ 228,000 | $ 158,000 |
| Middlesex County Massachusetts | 1,670 | $ 776,250,000 | $ 464,000 | $ 208,000 |
| Plymouth County Massachusetts | 1,106 | $ 225,490,000 | $ 203,000 | $ 174,000 |
| Norfolk County Massachusetts | 919 | $ 325,625,000 | $ 354,000 | $ 215,000 |
| Suffolk County Massachusetts | 701 | $ 346,695,000 | $ 494,000 | $ 184,000 |
| Barnstable County Massachusetts | 452 | $ 107,420,000 | $ 237,000 | $ 187,000 |
| Bristol County Massachusetts | 247 | $ 71,665,000 | $ 290,000 | $ 147,000 |
| Rockingham County New Hampshire | 147 | $ 66,065,000 | $ 449,000 | $ 173,000 |
| Worcester County Massachusetts | 144 | $ 65,270,000 | $ 453,000 | $ 164,000 |
| Suffolk County New York | 128 | $ 69,230,000 | $ 540,000 | $ 0 |
| Hillsborough County New Hampshire | 127 | $ 113,245,000 | $ 891,000 | $ 181,000 |
| Fairfax County Virginia | 62 | $ 42,990,000 | $ 693,000 | $ 0 |
| Washington County Rhode Island | 61 | $ 19,855,000 | $ 325,000 | $ 153,000 |
| Nassau County New York | 58 | $ 34,130,000 | $ 588,000 | $ 0 |
| Strafford County New Hampshire | 45 | $ 48,015,000 | $ 1,067,000 | $ 249,000 |
| Providence County Rhode Island | 45 | $ 19,125,000 | $ 425,000 | $ 170,000 |
| Merrimack County New Hampshire | 39 | $ 6,535,000 | $ 167,000 | $ 172,000 |
| Montgomery County Maryland | 33 | $ 23,985,000 | $ 726,000 | $ 0 |
| New London County Connecticut | 32 | $ 10,830,000 | $ 338,000 | $ 123,000 |
| Hampden County Massachusetts | 20 | $ 4,280,000 | $ 214,000 | $ 218,000 |
| Belknap County New Hampshire | 20 | $ 9,530,000 | $ 476,000 | $ 155,000 |
| Somerset County New Jersey | 20 | $ 10,780,000 | $ 539,000 | $ 0 |
| Carroll County New Hampshire | 19 | $ 9,975,000 | $ 525,000 | $ 476,000 |
| Loudoun County Virginia | 19 | $ 12,605,000 | $ 663,000 | $ 0 |
| District of Columbia County District Of Columbia | 17 | $ 12,165,000 | $ 715,000 | $ 0 |
| Kent County Rhode Island | 15 | $ 33,345,000 | $ 2,223,000 | $ 155,000 |
| Arlington County Virginia | 15 | $ 9,455,000 | $ 630,000 | $ 0 |
| Morris County New Jersey | 14 | $ 9,710,000 | $ 693,000 | $ 0 |
| Anne Arundel County Maryland | 13 | $ 6,685,000 | $ 514,000 | $ 0 |
| Westchester County New York | 12 | $ 6,320,000 | $ 526,000 | $ 0 |
| Howard County Maryland | 11 | $ 6,675,000 | $ 606,000 | $ 0 |
| Grafton County New Hampshire | 11 | $ 4,425,000 | $ 402,000 | $ 308,000 |
| Dukes County Massachusetts | 10 | $ 5,210,000 | $ 521,000 | $ 312,000 |
| Middlesex County New Jersey | 10 | $ 5,160,000 | $ 516,000 | $ 0 |
| Newport County Rhode Island | 10 | $ 19,470,000 | $ 1,947,000 | $ 358,000 |
| New Castle County Delaware | 9 | $ 4,455,000 | $ 495,000 | $ 0 |
| Prince William County Virginia | 9 | $ 5,565,000 | $ 618,000 | $ 0 |
| Bergen County New Jersey | 8 | $ 4,440,000 | $ 555,000 | $ 0 |
| Alexandria County Virginia | 8 | $ 5,180,000 | $ 647,000 | $ 0 |
| Prince George's County Maryland | 7 | $ 31,285,000 | $ 4,469,000 | $ 0 |
| Monmouth County New Jersey | 7 | $ 4,345,000 | $ 620,000 | $ 0 |
| Sullivan County New Hampshire | 6 | $ 3,320,000 | $ 553,000 | $ 308,000 |
| Hartford County Connecticut | 5 | $ 2,495,000 | $ 499,000 | $ 216,000 |
| New Haven County Connecticut | 5 | $ 1,525,000 | $ 305,000 | $ 289,000 |
| Windham County Connecticut | 5 | $ 845,000 | $ 169,000 | $ 96,000 |
| Sussex County Delaware | 5 | $ 2,745,000 | $ 549,000 | $ 0 |
| Hudson County New Jersey | 5 | $ 3,165,000 | $ 633,000 | $ 0 |
| Union County New Jersey | 5 | $ 2,295,000 | $ 459,000 | $ 0 |
| Mecklenburg County North Carolina | 5 | $ 3,745,000 | $ 749,000 | $ 0 |
| Stafford County Virginia | 5 | $ 2,705,000 | $ 541,000 | $ 0 |
| York County Maine | 4 | $ 9,890,000 | $ 2,472,000 | $ 0 |
| Frederick County Maryland | 4 | $ 1,600,000 | $ 400,000 | $ 0 |
| Chester County Pennsylvania | 4 | $ 2,020,000 | $ 505,000 | $ 0 |
| Albemarle County Virginia | 4 | $ 3,130,000 | $ 782,000 | $ 0 |
| Cumberland County Maine | 3 | $ 1,535,000 | $ 511,000 | $ 0 |
| Nantucket County Massachusetts | 3 | $ 6,435,000 | $ 2,145,000 | $ 1,681,000 |
| Essex County New Jersey | 3 | $ 1,775,000 | $ 591,000 | $ 0 |
| Queens County New York | 3 | $ 1,645,000 | $ 548,000 | $ 0 |
| Wake County North Carolina | 3 | $ 1,645,000 | $ 548,000 | $ 0 |
| Bristol County Rhode Island | 3 | $ 28,875,000 | $ 9,625,000 | $ 331,000 |
| Chittenden County Vermont | 3 | $ 19,055,000 | $ 6,351,000 | $ 0 |
| Bedford County Virginia | 3 | $ 1,235,000 | $ 411,000 | $ 0 |
| Frederick County Virginia | 3 | $ 1,435,000 | $ 478,000 | $ 0 |
| Henrico County Virginia | 3 | $ 2,505,000 | $ 835,000 | $ 0 |
| Roanoke County Virginia | 3 | $ 1,415,000 | $ 471,000 | $ 0 |
| Spotsylvania County Virginia | 3 | $ 1,425,000 | $ 475,000 | $ 0 |
| Fairfield County Connecticut | 2 | $ 1,040,000 | $ 520,000 | $ 213,000 |
| Carroll County Maryland | 2 | $ 1,160,000 | $ 580,000 | $ 0 |
| Garrett County Maryland | 2 | $ 830,000 | $ 415,000 | $ 0 |
| Berkshire County Massachusetts | 2 | $ 400,000 | $ 200,000 | $ 109,000 |
| Cheshire County New Hampshire | 2 | $ 180,000 | $ 90,000 | $ 121,000 |
| Mercer County New Jersey | 2 | $ 1,240,000 | $ 620,000 | $ 0 |
| Passaic County New Jersey | 2 | $ 1,010,000 | $ 505,000 | $ 0 |
| Allegheny County Pennsylvania | 2 | $ 1,890,000 | $ 945,000 | $ 0 |
| Charleston County South Carolina | 2 | $ 1,060,000 | $ 530,000 | $ 0 |
| Fauquier County Virginia | 2 | $ 1,040,000 | $ 520,000 | $ 0 |
| Middlesex County Connecticut | 1 | $ 35,000 | $ 35,000 | $ 290,000 |
| Tolland County Connecticut | 1 | $ 105,000 | $ 105,000 | $ 62,000 |
| Kent County Delaware | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Knox County Maine | 1 | $ 555,000 | $ 555,000 | $ 0 |
| Baltimore County Maryland | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Cecil County Maryland | 1 | $ 325,000 | $ 325,000 | $ 0 |
| St. Mary's County Maryland | 1 | $ 425,000 | $ 425,000 | $ 0 |
| Franklin County Massachusetts | 1 | $ 35,000 | $ 35,000 | $ 88,000 |
| Hampshire County Massachusetts | 1 | $ 145,000 | $ 145,000 | $ 67,000 |
| Coos County New Hampshire | 1 | $ 205,000 | $ 205,000 | $ 201,000 |
| Camden County New Jersey | 1 | $ 455,000 | $ 455,000 | $ 0 |
| Ocean County New Jersey | 1 | $ 655,000 | $ 655,000 | $ 0 |
| Sussex County New Jersey | 1 | $ 475,000 | $ 475,000 | $ 0 |
| Warren County New Jersey | 1 | $ 455,000 | $ 455,000 | $ 0 |
| Erie County New York | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Kings County New York | 1 | $ 555,000 | $ 555,000 | $ 0 |
| Onondaga County New York | 1 | $ 425,000 | $ 425,000 | $ 0 |
| Orange County New York | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Putnam County New York | 1 | $ 565,000 | $ 565,000 | $ 0 |
| Rockland County New York | 1 | $ 415,000 | $ 415,000 | $ 0 |
| Beaufort County North Carolina | 1 | $ 505,000 | $ 505,000 | $ 0 |
| Dare County North Carolina | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Henderson County North Carolina | 1 | $ 955,000 | $ 955,000 | $ 0 |
| Union County North Carolina | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Wayne County North Carolina | 1 | $ 465,000 | $ 465,000 | $ 0 |
| Franklin County Pennsylvania | 1 | $ 325,000 | $ 325,000 | $ 0 |
| Chester County South Carolina | 1 | $ 575,000 | $ 575,000 | $ 0 |
| Georgetown County South Carolina | 1 | $ 345,000 | $ 345,000 | $ 0 |
| Chesterfield County Virginia | 1 | $ 365,000 | $ 365,000 | $ 0 |
| Culpeper County Virginia | 1 | $ 355,000 | $ 355,000 | $ 0 |
| Greene County Virginia | 1 | $ 325,000 | $ 325,000 | $ 0 |
| Hanover County Virginia | 1 | $ 465,000 | $ 465,000 | $ 0 |
| James City County Virginia | 1 | $ 405,000 | $ 405,000 | $ 0 |
| King George County Virginia | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Middlesex County Virginia | 1 | $ 1,055,000 | $ 1,055,000 | $ 0 |
| Montgomery County Virginia | 1 | $ 355,000 | $ 355,000 | $ 0 |
| Orange County Virginia | 1 | $ 375,000 | $ 375,000 | $ 0 |
| Richmond City County Virginia | 1 | $ 665,000 | $ 665,000 | $ 0 |
| Shenandoah County Virginia | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Virginia Beach County Virginia | 1 | $ 725,000 | $ 725,000 | $ 0 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Massachusetts,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Eastern Bank 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 Improvement | 2,946 | $489,480,000 | $166,000 | $16,005,000 | $189,000 | $9,817,000 |
| Home Purchase | 1,890 | $1,239,770,000 | $655,000 | $45,005,000 | $175,000 | $1,893,000 |
| Refinancing | 1,662 | $502,450,000 | $302,000 | $9,505,000 | $186,000 | $5,635,000 |
| Other Purpose | 1,299 | $248,315,000 | $191,000 | $2,355,000 | $187,000 | $3,051,000 |
| Cash-out Refinancing | 424 | $652,010,000 | $1,537,000 | $54,665,000 | $183,000 | $1,996,000 |
| 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 | 5,387 | $1,333,805,000 | $247,000 | $3,305,000 | $194,000 | $9,817,000 |
| Not applicable | 823 | $1,287,955,000 | $1,564,000 | $54,665,000 | $0 | $0 |
| Hispanic | 535 | $118,115,000 | $220,000 | $965,000 | $127,000 | $723,000 |
| Not Provided | 467 | $107,285,000 | $229,000 | $1,785,000 | $210,000 | $2,277,000 |
| Black or African American | 431 | $100,035,000 | $232,000 | $1,155,000 | $122,000 | $1,290,000 |
| Asian | 392 | $138,020,000 | $352,000 | $1,865,000 | $192,000 | $2,949,000 |
| American Indian or Alaskan Native | 29 | $5,425,000 | $187,000 | $885,000 | $139,000 | $336,000 |
| Native Hawaiian or Other Pacific Islander | 5 | $2,155,000 | $431,000 | $1,505,000 | $170,000 | $576,000 |
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) | 8,167 | $3,108,915,000 | $380,000 | $54,665,000 | $186,000 | $9,817,000 |
| FHA-insured (Federal Housing Administration) | 51 | $21,605,000 | $423,000 | $815,000 | $117,000 | $260,000 |
| VA-guaranteed (Veterans Administration) | 2 | $1,250,000 | $625,000 | $655,000 | $115,000 | $117,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $255,000 | $255,000 | $255,000 | $60,000 | $60,000 |
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 | 5,047 | $2,099,055,000 | $415,000 | $54,665,000 | $204,000 | $9,817,000 |
| Application Denied By Financial Institution | 1,784 | $412,520,000 | $231,000 | $3,005,000 | $136,000 | $5,635,000 |
| Loan Purchased By The Institution | 631 | $371,155,000 | $588,000 | $1,865,000 | $0 | $0 |
| Application Approved But Not Accepted | 432 | $102,440,000 | $237,000 | $12,375,000 | $190,000 | $1,500,000 |
| Application Withdrawn By Applicant | 278 | $121,110,000 | $435,000 | $28,205,000 | $163,000 | $954,000 |
| File Closed For Incompleteness | 49 | $25,745,000 | $525,000 | $1,515,000 | $206,000 | $1,020,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 6,437 | $2,719,505,000 | $422,000 | $54,665,000 | $201,000 | $9,817,000 |
| Debt-To-Income Ratio | 662 | $193,000,000 | $291,000 | $3,005,000 | $90,000 | $664,000 |
| Collateral | 529 | $117,315,000 | $221,000 | $1,605,000 | $176,000 | $2,687,000 |
| Credit History | 485 | $75,425,000 | $155,000 | $2,005,000 | $130,000 | $1,067,000 |
| Other | 85 | $18,645,000 | $219,000 | $1,365,000 | $275,000 | $5,635,000 |
| Unverifiable Information | 10 | $3,770,000 | $377,000 | $665,000 | $144,000 | $500,000 |
| Employment History | 10 | $3,390,000 | $339,000 | $2,005,000 | $112,000 | $112,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $975,000 | $325,000 | $455,000 | $77,000 | $174,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MA, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Massachusetts, and search similar information at your convenience.