Sage Bank
Mortgage Loan Application
Totals and Details
for 2015
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 Sage 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 | Sage Bank 18 Hurd Street Lowell, MA 01852 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 | 2,808 |
| Total Mortgage Loan Application Amount | $779,968,000 |
| Average Mortgage Loan Application Amount | $282,333 |
| Highest Mortgage Loan Application Amount | $1,050,000 |
| Average Applicant Income | $105,000 |
| Highest Applicant Income | $851,000 |
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 |
|---|---|---|---|---|
| Middlesex County Massachusetts | 628 | $ 194,143,000 | $ 309,000 | $ 107,000 |
| Essex County Massachusetts | 507 | $ 139,508,000 | $ 275,000 | $ 80,000 |
| Suffolk County Massachusetts | 267 | $ 89,028,000 | $ 333,000 | $ 98,000 |
| Norfolk County Massachusetts | 208 | $ 69,888,000 | $ 336,000 | $ 118,000 |
| Bristol County Massachusetts | 179 | $ 38,839,000 | $ 216,000 | $ 70,000 |
| Barnstable County Massachusetts | 174 | $ 48,578,000 | $ 279,000 | $ 106,000 |
| Rockingham County New Hampshire | 161 | $ 40,920,000 | $ 254,000 | $ 96,000 |
| Worcester County Massachusetts | 140 | $ 34,897,000 | $ 249,000 | $ 96,000 |
| Plymouth County Massachusetts | 121 | $ 35,759,000 | $ 295,000 | $ 98,000 |
| Hillsborough County New Hampshire | 98 | $ 23,326,000 | $ 238,000 | $ 96,000 |
| Hampden County Massachusetts | 90 | $ 15,888,000 | $ 176,000 | $ 68,000 |
| Providence County Rhode Island | 42 | $ 6,317,000 | $ 150,000 | $ 47,000 |
| Miami-Dade County Florida | 30 | $ 6,539,000 | $ 217,000 | $ 89,000 |
| Merrimack County New Hampshire | 14 | $ 3,099,000 | $ 221,000 | $ 66,000 |
| Palm Beach County Florida | 11 | $ 2,504,000 | $ 227,000 | $ 147,000 |
| Hampshire County Massachusetts | 11 | $ 2,181,000 | $ 198,000 | $ 48,000 |
| Hartford County Connecticut | 9 | $ 2,144,000 | $ 238,000 | $ 76,000 |
| York County Maine | 8 | $ 1,726,000 | $ 215,000 | $ 121,000 |
| Broward County Florida | 7 | $ 1,274,000 | $ 182,000 | $ 90,000 |
| Cumberland County Maine | 7 | $ 1,608,000 | $ 229,000 | $ 260,000 |
| Dukes County Massachusetts | 6 | $ 1,814,000 | $ 302,000 | $ 127,000 |
| Belknap County New Hampshire | 6 | $ 1,274,000 | $ 212,000 | $ 98,000 |
| Carroll County New Hampshire | 6 | $ 917,000 | $ 152,000 | $ 117,000 |
| Tolland County Connecticut | 5 | $ 1,161,000 | $ 232,000 | $ 120,000 |
| Oxford County Maine | 5 | $ 829,000 | $ 165,000 | $ 167,000 |
| Strafford County New Hampshire | 5 | $ 964,000 | $ 192,000 | $ 85,000 |
| Sullivan County New Hampshire | 4 | $ 589,000 | $ 147,000 | $ 96,000 |
| Middlesex County New Jersey | 4 | $ 1,150,000 | $ 287,000 | $ 39,000 |
| Union County New Jersey | 4 | $ 827,000 | $ 206,000 | $ 65,000 |
| Suffolk County New York | 4 | $ 1,636,000 | $ 409,000 | $ 249,000 |
| Volusia County Florida | 3 | $ 845,000 | $ 281,000 | $ 192,000 |
| Kent County Rhode Island | 3 | $ 501,000 | $ 167,000 | $ 71,000 |
| Fairfield County Connecticut | 2 | $ 467,000 | $ 233,000 | $ 60,000 |
| Windham County Connecticut | 2 | $ 335,000 | $ 167,000 | $ 61,000 |
| Brevard County Florida | 2 | $ 392,000 | $ 196,000 | $ 152,000 |
| Collier County Florida | 2 | $ 359,000 | $ 179,000 | $ 117,000 |
| Orange County Florida | 2 | $ 375,000 | $ 187,000 | $ 146,000 |
| Osceola County Florida | 2 | $ 226,000 | $ 113,000 | $ 56,000 |
| Franklin County Massachusetts | 2 | $ 475,000 | $ 237,000 | $ 62,000 |
| Morris County New Jersey | 2 | $ 649,000 | $ 324,000 | $ 269,000 |
| New Haven County Connecticut | 1 | $ 304,000 | $ 304,000 | $ 140,000 |
| New London County Connecticut | 1 | $ 138,000 | $ 138,000 | $ 47,000 |
| Alachua County Florida | 1 | $ 198,000 | $ 198,000 | $ 102,000 |
| Duval County Florida | 1 | $ 79,000 | $ 79,000 | $ 193,000 |
| Lee County Florida | 1 | $ 115,000 | $ 115,000 | $ 227,000 |
| Pinellas County Florida | 1 | $ 65,000 | $ 65,000 | $ 123,000 |
| Kennebec County Maine | 1 | $ 104,000 | $ 104,000 | $ 29,000 |
| Sagadahoc County Maine | 1 | $ 315,000 | $ 315,000 | $ 73,000 |
| Somerset County Maine | 1 | $ 76,000 | $ 76,000 | $ 21,000 |
| Berkshire County Massachusetts | 1 | $ 417,000 | $ 417,000 | $ 663,000 |
| Cheshire County New Hampshire | 1 | $ 243,000 | $ 243,000 | $ 97,000 |
| Coos County New Hampshire | 1 | $ 131,000 | $ 131,000 | $ 59,000 |
| Cape May County New Jersey | 1 | $ 400,000 | $ 400,000 | $ 61,000 |
| Mercer County New Jersey | 1 | $ 208,000 | $ 208,000 | $ 132,000 |
| Somerset County New Jersey | 1 | $ 475,000 | $ 475,000 | $ 195,000 |
| Erie County New York | 1 | $ 144,000 | $ 144,000 | $ 69,000 |
| Nassau County New York | 1 | $ 272,000 | $ 272,000 | $ 93,000 |
| Johnston County North Carolina | 1 | $ 217,000 | $ 217,000 | $ 53,000 |
| Wake County North Carolina | 1 | $ 328,000 | $ 328,000 | $ 131,000 |
| Wayne County Pennsylvania | 1 | $ 300,000 | $ 300,000 | $ 56,000 |
| Bristol County Rhode Island | 1 | $ 294,000 | $ 294,000 | $ 81,000 |
| Newport County Rhode Island | 1 | $ 270,000 | $ 270,000 | $ 90,000 |
| Washington County Rhode Island | 1 | $ 150,000 | $ 150,000 | $ 45,000 |
| Fairfax County Virginia | 1 | $ 378,000 | $ 378,000 | $ 116,000 |
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 Sage Bank in 2015
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 | 1,521 | $417,947,000 | $274,000 | $1,007,000 | $94,000 | $641,000 |
| Refinancing | 1,265 | $355,576,000 | $281,000 | $1,050,000 | $97,000 | $851,000 |
| Home Improvement | 22 | $6,445,000 | $292,000 | $490,000 | $124,000 | $372,000 |
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 | 2,015 | $570,982,000 | $283,000 | $1,050,000 | $104,000 | $663,000 |
| Hispanic | 414 | $102,402,000 | $247,000 | $656,000 | $62,000 | $449,000 |
| Not Provided | 177 | $48,982,000 | $276,000 | $626,000 | $100,000 | $851,000 |
| Black or African American | 103 | $27,321,000 | $265,000 | $615,000 | $66,000 | $176,000 |
| Asian | 76 | $21,474,000 | $282,000 | $656,000 | $98,000 | $330,000 |
| Not applicable | 11 | $4,610,000 | $419,000 | $937,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 9 | $3,410,000 | $378,000 | $850,000 | $144,000 | $615,000 |
| American Indian or Alaskan Native | 3 | $787,000 | $262,000 | $384,000 | $122,000 | $134,000 |
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) | 1,778 | $502,008,000 | $282,000 | $1,050,000 | $114,000 | $851,000 |
| FHA-insured (Federal Housing Administration) | 887 | $236,701,000 | $266,000 | $599,000 | $61,000 | $353,000 |
| VA-guaranteed (Veterans Administration) | 107 | $32,978,000 | $308,000 | $591,000 | $83,000 | $288,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 36 | $8,281,000 | $230,000 | $388,000 | $71,000 | $106,000 |
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 | 1,924 | $529,242,000 | $275,000 | $937,000 | $96,000 | $663,000 |
| File Closed For Incompleteness | 420 | $125,018,000 | $297,000 | $1,007,000 | $105,000 | $851,000 |
| Application Denied By Financial Institution | 295 | $75,749,000 | $256,000 | $802,000 | $75,000 | $284,000 |
| Application Withdrawn By Applicant | 142 | $42,273,000 | $297,000 | $1,050,000 | $108,000 | $641,000 |
| Application Approved But Not Accepted | 27 | $7,686,000 | $284,000 | $480,000 | $79,000 | $214,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 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.