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 | 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
Total Number of Mortgage Applications | 3,864 |
Total Mortgage Loan Application Amount | $779,847,000 |
Average Mortgage Loan Application Amount | $713,884 |
Highest Mortgage Loan Application Amount | $27,100,000 |
Average Applicant Income | $66,307 |
Highest Applicant Income | $4,516,000 |
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 | 1,547 | $ 287,405,000 | $ 185,000 | $ 75,000 |
Middlesex County Massachusetts | 525 | $ 128,056,000 | $ 243,000 | $ 111,000 |
Norfolk County Massachusetts | 358 | $ 80,953,000 | $ 226,000 | $ 95,000 |
Plymouth County Massachusetts | 262 | $ 59,943,000 | $ 228,000 | $ 78,000 |
Suffolk County Massachusetts | 246 | $ 71,067,000 | $ 288,000 | $ 62,000 |
Washington County Rhode Island | 184 | $ 43,856,000 | $ 238,000 | $ 105,000 |
Worcester County Massachusetts | 62 | $ 10,320,000 | $ 166,000 | $ 73,000 |
Rockingham County New Hampshire | 48 | $ 12,383,000 | $ 257,000 | $ 84,000 |
Bristol County Massachusetts | 46 | $ 7,783,000 | $ 169,000 | $ 78,000 |
Saratoga County New York | 44 | $ 1,261,000 | $ 28,000 | $ 35,000 |
Maricopa County Arizona | 40 | $ 2,212,000 | $ 55,000 | $ 68,000 |
Providence County Rhode Island | 40 | $ 7,004,000 | $ 175,000 | $ 64,000 |
Barnstable County Massachusetts | 36 | $ 7,449,000 | $ 206,000 | $ 122,000 |
New London County Connecticut | 35 | $ 6,419,000 | $ 183,000 | $ 65,000 |
Kent County Rhode Island | 29 | $ 4,738,000 | $ 163,000 | $ 63,000 |
York County Maine | 25 | $ 2,583,000 | $ 103,000 | $ 113,000 |
Pinal County Arizona | 23 | $ 1,094,000 | $ 47,000 | $ 51,000 |
Orange County New York | 19 | $ 1,014,000 | $ 53,000 | $ 61,000 |
Mohave County Arizona | 16 | $ 1,003,000 | $ 62,000 | $ 104,000 |
Yuma County Arizona | 16 | $ 1,679,000 | $ 104,000 | $ 189,000 |
Dutchess County New York | 14 | $ 644,000 | $ 46,000 | $ 49,000 |
Carroll County New Hampshire | 13 | $ 1,577,000 | $ 121,000 | $ 96,000 |
Orleans County New York | 12 | $ 678,000 | $ 56,000 | $ 40,000 |
Pima County Arizona | 11 | $ 360,000 | $ 32,000 | $ 37,000 |
Yavapai County Arizona | 10 | $ 426,000 | $ 42,000 | $ 72,000 |
Hillsborough County New Hampshire | 9 | $ 1,328,000 | $ 147,000 | $ 81,000 |
Strafford County New Hampshire | 8 | $ 762,000 | $ 95,000 | $ 39,000 |
Coconino County Arizona | 7 | $ 289,000 | $ 41,000 | $ 39,000 |
New Haven County Connecticut | 7 | $ 438,000 | $ 62,000 | $ 63,000 |
Cumberland County Maine | 7 | $ 1,045,000 | $ 149,000 | $ 109,000 |
Belknap County New Hampshire | 7 | $ 1,145,000 | $ 163,000 | $ 171,000 |
Grafton County New Hampshire | 7 | $ 2,007,000 | $ 286,000 | $ 101,000 |
Merrimack County New Hampshire | 7 | $ 2,015,000 | $ 287,000 | $ 124,000 |
Albany County New York | 7 | $ 174,000 | $ 24,000 | $ 32,000 |
Fairfield County Connecticut | 6 | $ 659,000 | $ 109,000 | $ 61,000 |
Sullivan County New York | 6 | $ 294,000 | $ 49,000 | $ 60,000 |
Hampden County Massachusetts | 5 | $ 505,000 | $ 101,000 | $ 56,000 |
Chittenden County Vermont | 5 | $ 187,000 | $ 37,000 | $ 44,000 |
Windham County Connecticut | 4 | $ 297,000 | $ 74,000 | $ 53,000 |
Franklin County Maine | 4 | $ 1,208,000 | $ 302,000 | $ 236,000 |
Cheshire County New Hampshire | 4 | $ 159,000 | $ 39,000 | $ 69,000 |
Cape May County New Jersey | 4 | $ 149,000 | $ 37,000 | $ 65,000 |
Newport County Rhode Island | 4 | $ 805,000 | $ 201,000 | $ 122,000 |
Cochise County Arizona | 3 | $ 114,000 | $ 38,000 | $ 49,000 |
Navajo County Arizona | 3 | $ 115,000 | $ 38,000 | $ 28,000 |
Hartford County Connecticut | 3 | $ 357,000 | $ 119,000 | $ 53,000 |
Franklin County Massachusetts | 3 | $ 187,000 | $ 62,000 | $ 77,000 |
Erie County New York | 3 | $ 89,000 | $ 29,000 | $ 38,000 |
Greene County New York | 3 | $ 120,000 | $ 40,000 | $ 41,000 |
Rensselaer County New York | 3 | $ 83,000 | $ 27,000 | $ 44,000 |
Bristol County Rhode Island | 3 | $ 631,000 | $ 210,000 | $ 131,000 |
Gila County Arizona | 2 | $ 79,000 | $ 39,000 | $ 34,000 |
Tolland County Connecticut | 2 | $ 89,000 | $ 44,000 | $ 49,000 |
Dukes County Massachusetts | 2 | $ 560,000 | $ 280,000 | $ 479,000 |
Burlington County New Jersey | 2 | $ 44,000 | $ 22,000 | $ 46,000 |
Ocean County New Jersey | 2 | $ 113,000 | $ 56,000 | $ 31,000 |
Ulster County New York | 2 | $ 85,000 | $ 42,000 | $ 44,000 |
Washington County New York | 2 | $ 173,000 | $ 86,000 | $ 59,000 |
Rutland County Vermont | 2 | $ 129,000 | $ 64,000 | $ 52,000 |
La Paz County Arizona | 1 | $ 62,000 | $ 62,000 | $ 220,000 |
Orange County Florida | 1 | $ 7,000,000 | $ 7,000,000 | $ 0 |
Androscoggin County Maine | 1 | $ 18,000 | $ 18,000 | $ 51,000 |
Oxford County Maine | 1 | $ 190,000 | $ 190,000 | $ 73,000 |
Berkshire County Massachusetts | 1 | $ 145,000 | $ 145,000 | $ 121,000 |
Hampshire County Massachusetts | 1 | $ 88,000 | $ 88,000 | $ 65,000 |
Sullivan County New Hampshire | 1 | $ 52,000 | $ 52,000 | $ 58,000 |
Atlantic County New Jersey | 1 | $ 97,000 | $ 97,000 | $ 60,000 |
Gloucester County New Jersey | 1 | $ 29,000 | $ 29,000 | $ 52,000 |
Monmouth County New Jersey | 1 | $ 59,000 | $ 59,000 | $ 63,000 |
Passaic County New Jersey | 1 | $ 64,000 | $ 64,000 | $ 36,000 |
Cattaraugus County New York | 1 | $ 30,000 | $ 30,000 | $ 19,000 |
Cayuga County New York | 1 | $ 43,000 | $ 43,000 | $ 36,000 |
Columbia County New York | 1 | $ 34,000 | $ 34,000 | $ 34,000 |
Delaware County New York | 1 | $ 23,000 | $ 23,000 | $ 53,000 |
Fulton County New York | 1 | $ 38,000 | $ 38,000 | $ 45,000 |
Herkimer County New York | 1 | $ 23,000 | $ 23,000 | $ 43,000 |
Monroe County New York | 1 | $ 58,000 | $ 58,000 | $ 24,000 |
Niagara County New York | 1 | $ 29,000 | $ 29,000 | $ 53,000 |
Onondaga County New York | 1 | $ 33,000 | $ 33,000 | $ 39,000 |
Otsego County New York | 1 | $ 33,000 | $ 33,000 | $ 35,000 |
Rockland County New York | 1 | $ 55,000 | $ 55,000 | $ 54,000 |
Schenectady County New York | 1 | $ 29,000 | $ 29,000 | $ 37,000 |
Schoharie County New York | 1 | $ 22,000 | $ 22,000 | $ 70,000 |
Steuben County New York | 1 | $ 24,000 | $ 24,000 | $ 65,000 |
Tompkins County New York | 1 | $ 10,000 | $ 10,000 | $ 19,000 |
Warren County New York | 1 | $ 16,000 | $ 16,000 | $ 33,000 |
Mecklenburg County North Carolina | 1 | $ 8,750,000 | $ 8,750,000 | $ 0 |
Allegheny County Pennsylvania | 1 | $ 10,000 | $ 10,000 | $ 23,000 |
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.
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 | 2,189 | $463,464,000 | $824,000 | $27,100,000 | $75,100 | $1,044,000 |
Home Purchase | 1,299 | $272,761,000 | $842,333 | $8,750,000 | $58,500 | $4,516,000 |
Home Improvement | 376 | $43,622,000 | $53,250 | $21,000,000 | $67,750 | $320,000 |
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 | 3,314 | $545,595,000 | $110,909 | $1,680,000 | $67,909 | $1,560,000 |
Not Provided | 169 | $35,237,000 | $134,000 | $1,000,000 | $102,500 | $536,000 |
Hispanic | 131 | $21,241,000 | $105,200 | $612,000 | $74,000 | $420,000 |
Black or African American | 89 | $13,754,000 | $132,250 | $550,000 | $46,750 | $651,000 |
Asian | 79 | $17,034,000 | $174,666 | $2,100,000 | $60,666 | $282,000 |
Not applicable | 70 | $145,709,000 | $5,604,500 | $27,100,000 | $25,250 | $4,516,000 |
American Indian or Alaskan Native | 11 | $1,177,000 | $82,333 | $235,000 | $47,333 | $120,000 |
Native Hawaiian or Other Pacific Islander | 1 | $100,000 | $100,000 | $100,000 | $228,000 | $228,000 |
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) | 3,810 | $768,520,000 | $1,309,461 | $27,100,000 | $57,769 | $4,516,000 |
FHA-insured (Federal Housing Administration) | 50 | $10,508,000 | $189,750 | $329,000 | $67,000 | $157,000 |
VA-guaranteed (Veterans Administration) | 4 | $819,000 | $204,750 | $240,000 | $69,000 | $83,000 |
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 | 2,923 | $606,422,000 | $140,555 | $21,000,000 | $85,666 | $4,516,000 |
Application Denied By Financial Institution | 511 | $54,545,000 | $84,545 | $1,500,000 | $57,909 | $479,000 |
Application Approved But Not Accepted | 305 | $33,102,000 | $70,444 | $1,000,000 | $65,555 | $377,000 |
Application Withdrawn By Applicant | 99 | $79,416,000 | $1,952,888 | $27,100,000 | $97,555 | $420,000 |
Preapproval Denied by Financial Institution | 19 | $2,975,000 | $156,000 | $380,000 | $43,000 | $121,000 |
File Closed For Incompleteness | 7 | $3,387,000 | $323,500 | $2,000,000 | $48,000 | $108,000 |
Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Preapproval Approved but not Accepted | 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 | 224 | $25,300,000 | $98,555 | $1,500,000 | $58,222 | $366,000 |
Credit History | 157 | $12,498,000 | $63,272 | $450,000 | $53,909 | $320,000 |
Collateral | 59 | $7,246,000 | $95,625 | $375,000 | $82,125 | $379,000 |
Other | 49 | $7,080,000 | $95,600 | $1,000,000 | $52,300 | $479,000 |
Employment History | 20 | $2,415,000 | $67,400 | $550,000 | $40,400 | $130,000 |
Insufficient Cash (Downpayment, Closing Cost) | 7 | $767,000 | $95,000 | $229,000 | $75,166 | $112,000 |
Credit Application Incomplete | 2 | $219,000 | $109,000 | $169,000 | $84,000 | $124,000 |
Unverifiable Information | 1 | $179,000 | $179,000 | $179,000 | $52,000 | $52,000 |
Mortgage Insurance Denied | 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.