Farmington Bank
Mortgage Loan Application
Totals and Details
for 2018

Find mortgage loan statistics, lending data, and loan application totals for Connecticut.
The mortgage statistics and data below are specific to mortgage loan applications for Farmington 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 Farmington Bank
One Farm Glen Boulevard
Farmington, CT 06032
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 1,581
Total Mortgage Loan Application Amount $512,845,000
Average Mortgage Loan Application Amount $283,250
Highest Mortgage Loan Application Amount $28,495,000
Average Applicant Income $160,750
Highest Applicant Income $3,580,000

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 CT, 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 Farmington Bank by County in 2018

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Hartford County Connecticut 761 $ 149,295,000 $ 196,000 $ 111,000
Hampden County Massachusetts 103 $ 19,645,000 $ 190,000 $ 71,000
Fairfield County Connecticut 72 $ 48,520,000 $ 673,000 $ 270,000
New Haven County Connecticut 61 $ 40,695,000 $ 667,000 $ 117,000
Tolland County Connecticut 47 $ 10,355,000 $ 220,000 $ 114,000
Middlesex County Massachusetts 41 $ 20,995,000 $ 512,000 $ 231,000
Essex County Massachusetts 40 $ 14,200,000 $ 355,000 $ 175,000
Middlesex County Connecticut 36 $ 10,970,000 $ 304,000 $ 117,000
Norfolk County Massachusetts 36 $ 19,310,000 $ 536,000 $ 248,000
Suffolk County Massachusetts 30 $ 17,080,000 $ 569,000 $ 229,000
Worcester County Massachusetts 30 $ 9,140,000 $ 304,000 $ 156,000
Hudson County New Jersey 23 $ 10,915,000 $ 474,000 $ 319,000
Westchester County New York 23 $ 14,495,000 $ 630,000 $ 268,000
Litchfield County Connecticut 22 $ 3,600,000 $ 163,000 $ 111,000
Kings County New York 21 $ 13,925,000 $ 663,000 $ 365,000
Bergen County New Jersey 19 $ 9,455,000 $ 497,000 $ 317,000
Middlesex County New Jersey 18 $ 5,570,000 $ 309,000 $ 209,000
Barnstable County Massachusetts 15 $ 6,255,000 $ 417,000 $ 218,000
New London County Connecticut 13 $ 2,815,000 $ 216,000 $ 181,000
Monmouth County New Jersey 13 $ 5,645,000 $ 434,000 $ 261,000
Morris County New Jersey 11 $ 6,825,000 $ 620,000 $ 312,000
Somerset County New Jersey 10 $ 3,810,000 $ 381,000 $ 183,000
Union County New Jersey 10 $ 3,610,000 $ 361,000 $ 274,000
Bristol County Massachusetts 8 $ 3,290,000 $ 411,000 $ 548,000
Burlington County New Jersey 7 $ 1,675,000 $ 239,000 $ 106,000
Hillsborough County New Hampshire 6 $ 2,520,000 $ 420,000 $ 241,000
Essex County New Jersey 6 $ 2,550,000 $ 425,000 $ 191,000
Nassau County New York 6 $ 5,210,000 $ 868,000 $ 612,000
New York County New York 6 $ 15,620,000 $ 2,603,000 $ 250,000
Windham County Connecticut 5 $ 1,135,000 $ 227,000 $ 178,000
Plymouth County Massachusetts 5 $ 2,365,000 $ 473,000 $ 171,000
Queens County New York 5 $ 3,005,000 $ 601,000 $ 153,000
Chester County Pennsylvania 5 $ 2,555,000 $ 511,000 $ 186,000
Cumberland County Maine 4 $ 1,920,000 $ 480,000 $ 205,000
Lehigh County Pennsylvania 4 $ 800,000 $ 200,000 $ 0
Montgomery County Pennsylvania 4 $ 1,560,000 $ 390,000 $ 421,000
Northampton County Pennsylvania 4 $ 1,460,000 $ 365,000 $ 460,000
Hampshire County Massachusetts 3 $ 905,000 $ 301,000 $ 98,000
Rockingham County New Hampshire 3 $ 925,000 $ 308,000 $ 66,000
Ocean County New Jersey 3 $ 905,000 $ 301,000 $ 578,000
Warren County New Jersey 3 $ 535,000 $ 178,000 $ 0
Rockland County New York 3 $ 1,455,000 $ 485,000 $ 201,000
Carroll County New Hampshire 2 $ 790,000 $ 395,000 $ 370,000
Strafford County New Hampshire 2 $ 440,000 $ 220,000 $ 231,000
Hunterdon County New Jersey 2 $ 840,000 $ 420,000 $ 0
Mercer County New Jersey 2 $ 590,000 $ 295,000 $ 0
Sussex County New Jersey 2 $ 870,000 $ 435,000 $ 277,000
Suffolk County New York 2 $ 1,040,000 $ 520,000 $ 441,000
Cumberland County Pennsylvania 2 $ 830,000 $ 415,000 $ 155,000
Providence County Rhode Island 2 $ 800,000 $ 400,000 $ 184,000
Lincoln County Maine 1 $ 1,005,000 $ 1,005,000 $ 560,000
Berkshire County Massachusetts 1 $ 325,000 $ 325,000 $ 0
Dukes County Massachusetts 1 $ 105,000 $ 105,000 $ 509,000
Franklin County Massachusetts 1 $ 175,000 $ 175,000 $ 62,000
Nantucket County Massachusetts 1 $ 1,065,000 $ 1,065,000 $ 379,000
Merrimack County New Hampshire 1 $ 255,000 $ 255,000 $ 127,000
Cape May County New Jersey 1 $ 645,000 $ 645,000 $ 266,000
Dutchess County New York 1 $ 295,000 $ 295,000 $ 0
Orange County New York 1 $ 335,000 $ 335,000 $ 0
Richmond County New York 1 $ 645,000 $ 645,000 $ 172,000
Allegheny County Pennsylvania 1 $ 235,000 $ 235,000 $ 0
Bucks County Pennsylvania 1 $ 205,000 $ 205,000 $ 0
Dauphin County Pennsylvania 1 $ 325,000 $ 325,000 $ 0
Delaware County Pennsylvania 1 $ 455,000 $ 455,000 $ 0
Lackawanna County Pennsylvania 1 $ 135,000 $ 135,000 $ 0
Lancaster County Pennsylvania 1 $ 215,000 $ 215,000 $ 99,000
Lycoming County Pennsylvania 1 $ 485,000 $ 485,000 $ 184,000
Philadelphia County Pennsylvania 1 $ 1,145,000 $ 1,145,000 $ 744,000
Kent County Rhode Island 1 $ 455,000 $ 455,000 $ 229,000
Newport County Rhode Island 1 $ 625,000 $ 625,000 $ 407,000

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 Connecticut, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Farmington Bank in 2018

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 987 $333,495,000 $337,000 $28,495,000 $140,000 $954,000
Refinancing 264 $100,970,000 $382,000 $7,005,000 $208,000 $3,580,000
Cash-out Refinancing 207 $67,405,000 $325,000 $1,405,000 $161,000 $1,345,000
Home Improvement 123 $10,975,000 $89,000 $1,005,000 $134,000 $640,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 916 $290,620,000 $317,000 $2,155,000 $162,000 $3,580,000
Not applicable 360 $141,790,000 $393,000 $28,495,000 $0 $0
Not Provided 80 $20,620,000 $257,000 $905,000 $151,000 $555,000
Hispanic 75 $15,415,000 $205,000 $1,055,000 $88,000 $659,000
Black or African American 72 $13,980,000 $194,000 $1,215,000 $89,000 $509,000
Asian 70 $27,330,000 $390,000 $1,415,000 $193,000 $1,173,000
American Indian or Alaskan Native 1 $125,000 $125,000 $125,000 $44,000 $44,000
Native Hawaiian or Other Pacific Islander 1 $615,000 $615,000 $615,000 $205,000 $205,000

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) 1,498 $496,880,000 $331,000 $28,495,000 $160,000 $3,580,000
FHA-insured (Federal Housing Administration) 79 $14,535,000 $183,000 $335,000 $60,000 $163,000
VA-guaranteed (Veterans Administration) 4 $1,430,000 $357,000 $445,000 $91,000 $155,000
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 942 $340,470,000 $361,000 $28,495,000 $159,000 $3,580,000
Loan Purchased By The Institution 334 $87,490,000 $261,000 $565,000 $0 $0
Application Denied By Financial Institution 159 $31,595,000 $198,000 $2,005,000 $112,000 $744,000
Application Withdrawn By Applicant 118 $45,040,000 $381,000 $3,005,000 $163,000 $1,173,000
File Closed For Incompleteness 21 $5,735,000 $273,000 $1,205,000 $167,000 $509,000
Application Approved But Not Accepted 7 $2,515,000 $359,000 $1,265,000 $173,000 $534,000
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 1,422 $481,250,000 $338,000 $28,495,000 $160,000 $3,580,000
Debt-To-Income Ratio 56 $11,520,000 $205,000 $2,005,000 $76,000 $403,000
Collateral 48 $10,430,000 $217,000 $1,235,000 $182,000 $744,000
Credit History 25 $3,855,000 $154,000 $625,000 $102,000 $350,000
Credit Application Incomplete 13 $2,375,000 $182,000 $455,000 $73,000 $162,000
Other 11 $1,635,000 $148,000 $255,000 $75,000 $205,000
Unverifiable Information 3 $1,445,000 $481,000 $975,000 $98,000 $252,000
Employment History 3 $335,000 $111,000 $175,000 $40,000 $62,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
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 CT, 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 Connecticut, and search similar information at your convenience.

Download the Connecticut Lender List