Eastern Bank
Mortgage Loan Application
Totals and Details
for 2004

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.

Mortgage Loan Application Totals for Eastern Bank by County in 2004

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.

Mortgage Loan Application Detail Totals for Eastern Bank in 2004

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.

Download the Massachusetts Lender List