Mass. Institute Of Tech. Federal Credit Union
Mortgage Loan Application
Totals and Details
for 2016
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 Mass. Institute Of Tech. Federal Credit Union.
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 | Mass. Institute Of Tech. Federal Credit Union 700 Technology Square Cambridge, MA 02139 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 376 |
| Total Mortgage Loan Application Amount | $94,553,000 |
| Average Mortgage Loan Application Amount | $245,000 |
| Highest Mortgage Loan Application Amount | $1,460,000 |
| Average Applicant Income | $176,000 |
| Highest Applicant Income | $2,225,000 |
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 | 149 | $ 40,587,000 | $ 272,000 | $ 158,000 |
| Suffolk County Massachusetts | 36 | $ 11,183,000 | $ 310,000 | $ 162,000 |
| Essex County Massachusetts | 20 | $ 3,402,000 | $ 170,000 | $ 123,000 |
| Norfolk County Massachusetts | 19 | $ 4,273,000 | $ 224,000 | $ 163,000 |
| Worcester County Massachusetts | 9 | $ 1,018,000 | $ 113,000 | $ 132,000 |
| Rockingham County New Hampshire | 7 | $ 1,022,000 | $ 146,000 | $ 249,000 |
| Los Angeles County California | 6 | $ 2,728,000 | $ 454,000 | $ 225,000 |
| District of Columbia County District Of Columbia | 5 | $ 1,272,000 | $ 254,000 | $ 181,000 |
| Barnstable County Massachusetts | 5 | $ 1,268,000 | $ 253,000 | $ 214,000 |
| Santa Clara County California | 4 | $ 865,000 | $ 216,000 | $ 154,000 |
| Bristol County Massachusetts | 4 | $ 600,000 | $ 150,000 | $ 132,000 |
| Plymouth County Massachusetts | 4 | $ 235,000 | $ 58,000 | $ 69,000 |
| Harris County Texas | 4 | $ 1,250,000 | $ 312,000 | $ 166,000 |
| Alameda County California | 3 | $ 1,269,000 | $ 423,000 | $ 170,000 |
| Contra Costa County California | 3 | $ 873,000 | $ 291,000 | $ 331,000 |
| Cook County Illinois | 3 | $ 1,156,000 | $ 385,000 | $ 165,000 |
| Oakland County Michigan | 3 | $ 90,000 | $ 30,000 | $ 117,000 |
| Hillsborough County New Hampshire | 3 | $ 595,000 | $ 198,000 | $ 134,000 |
| Wake County North Carolina | 3 | $ 460,000 | $ 153,000 | $ 109,000 |
| Maricopa County Arizona | 2 | $ 511,000 | $ 255,000 | $ 258,000 |
| Sacramento County California | 2 | $ 256,000 | $ 128,000 | $ 107,000 |
| San Mateo County California | 2 | $ 808,000 | $ 404,000 | $ 342,000 |
| Orange County Florida | 2 | $ 416,000 | $ 208,000 | $ 202,000 |
| Cobb County Georgia | 2 | $ 126,000 | $ 63,000 | $ 189,000 |
| Franklin County Massachusetts | 2 | $ 80,000 | $ 40,000 | $ 35,000 |
| Hampshire County Massachusetts | 2 | $ 703,000 | $ 351,000 | $ 238,000 |
| Hennepin County Minnesota | 2 | $ 638,000 | $ 319,000 | $ 295,000 |
| Washington County Minnesota | 2 | $ 272,000 | $ 136,000 | $ 202,000 |
| Mercer County New Jersey | 2 | $ 450,000 | $ 225,000 | $ 150,000 |
| Middlesex County New Jersey | 2 | $ 269,000 | $ 134,000 | $ 150,000 |
| Santa Fe County New Mexico | 2 | $ 620,000 | $ 310,000 | $ 175,000 |
| Multnomah County Oregon | 2 | $ 567,000 | $ 283,000 | $ 174,000 |
| Providence County Rhode Island | 2 | $ 426,000 | $ 213,000 | $ 207,000 |
| Travis County Texas | 2 | $ 497,000 | $ 248,000 | $ 136,000 |
| Fresno County California | 1 | $ 417,000 | $ 417,000 | $ 110,000 |
| Orange County California | 1 | $ 417,000 | $ 417,000 | $ 169,000 |
| Denver County Colorado | 1 | $ 484,000 | $ 484,000 | $ 202,000 |
| Douglas County Colorado | 1 | $ 394,000 | $ 394,000 | $ 200,000 |
| Larimer County Colorado | 1 | $ 118,000 | $ 118,000 | $ 411,000 |
| Fairfield County Connecticut | 1 | $ 599,000 | $ 599,000 | $ 270,000 |
| Litchfield County Connecticut | 1 | $ 237,000 | $ 237,000 | $ 182,000 |
| Alachua County Florida | 1 | $ 371,000 | $ 371,000 | $ 201,000 |
| Broward County Florida | 1 | $ 212,000 | $ 212,000 | $ 217,000 |
| Flagler County Florida | 1 | $ 218,000 | $ 218,000 | $ 205,000 |
| Franklin County Florida | 1 | $ 175,000 | $ 175,000 | $ 59,000 |
| Palm Beach County Florida | 1 | $ 73,000 | $ 73,000 | $ 80,000 |
| Volusia County Florida | 1 | $ 336,000 | $ 336,000 | $ 1,631,000 |
| Chatham County Georgia | 1 | $ 142,000 | $ 142,000 | $ 80,000 |
| DeKalb County Georgia | 1 | $ 67,000 | $ 67,000 | $ 79,000 |
| Fulton County Georgia | 1 | $ 240,000 | $ 240,000 | $ 150,000 |
| DuPage County Illinois | 1 | $ 160,000 | $ 160,000 | $ 349,000 |
| Allen County Indiana | 1 | $ 280,000 | $ 280,000 | $ 101,000 |
| Tippecanoe County Indiana | 1 | $ 325,000 | $ 325,000 | $ 107,000 |
| Sioux County Iowa | 1 | $ 56,000 | $ 56,000 | $ 156,000 |
| York County Maine | 1 | $ 172,000 | $ 172,000 | $ 59,000 |
| Baltimore City County Maryland | 1 | $ 306,000 | $ 306,000 | $ 199,000 |
| Montgomery County Maryland | 1 | $ 318,000 | $ 318,000 | $ 229,000 |
| Prince George's County Maryland | 1 | $ 417,000 | $ 417,000 | $ 131,000 |
| Hampden County Massachusetts | 1 | $ 82,000 | $ 82,000 | $ 295,000 |
| Franklin County Missouri | 1 | $ 239,000 | $ 239,000 | $ 62,000 |
| Clark County Nevada | 1 | $ 240,000 | $ 240,000 | $ 2,225,000 |
| Merrimack County New Hampshire | 1 | $ 296,000 | $ 296,000 | $ 178,000 |
| Camden County New Jersey | 1 | $ 344,000 | $ 344,000 | $ 248,000 |
| Hudson County New Jersey | 1 | $ 320,000 | $ 320,000 | $ 195,000 |
| Morris County New Jersey | 1 | $ 626,000 | $ 626,000 | $ 192,000 |
| Los Alamos County New Mexico | 1 | $ 337,000 | $ 337,000 | $ 146,000 |
| Albany County New York | 1 | $ 137,000 | $ 137,000 | $ 106,000 |
| Erie County New York | 1 | $ 126,000 | $ 126,000 | $ 83,000 |
| Kings County New York | 1 | $ 473,000 | $ 473,000 | $ 124,000 |
| Monroe County New York | 1 | $ 196,000 | $ 196,000 | $ 157,000 |
| Onondaga County New York | 1 | $ 20,000 | $ 20,000 | $ 135,000 |
| Rockland County New York | 1 | $ 124,000 | $ 124,000 | $ 112,000 |
| Washington County New York | 1 | $ 110,000 | $ 110,000 | $ 74,000 |
| Durham County North Carolina | 1 | $ 40,000 | $ 40,000 | $ 25,000 |
| Orange County North Carolina | 1 | $ 286,000 | $ 286,000 | $ 62,000 |
| Cuyahoga County Ohio | 1 | $ 15,000 | $ 15,000 | $ 136,000 |
| Hamilton County Ohio | 1 | $ 315,000 | $ 315,000 | $ 197,000 |
| Washington County Oregon | 1 | $ 400,000 | $ 400,000 | $ 180,000 |
| Allegheny County Pennsylvania | 1 | $ 157,000 | $ 157,000 | $ 97,000 |
| Delaware County Pennsylvania | 1 | $ 104,000 | $ 104,000 | $ 76,000 |
| Bexar County Texas | 1 | $ 154,000 | $ 154,000 | $ 100,000 |
| Brazos County Texas | 1 | $ 288,000 | $ 288,000 | $ 125,000 |
| Dallas County Texas | 1 | $ 356,000 | $ 356,000 | $ 215,000 |
| Denton County Texas | 1 | $ 328,000 | $ 328,000 | $ 2,225,000 |
| Salt Lake County Utah | 1 | $ 377,000 | $ 377,000 | $ 155,000 |
| Arlington County Virginia | 1 | $ 40,000 | $ 40,000 | $ 261,000 |
| Henrico County Virginia | 1 | $ 46,000 | $ 46,000 | $ 172,000 |
| Richmond City County Virginia | 1 | $ 130,000 | $ 130,000 | $ 238,000 |
| King County Washington | 1 | $ 340,000 | $ 340,000 | $ 113,000 |
| Monongalia County West Virginia | 1 | $ 188,000 | $ 188,000 | $ 227,000 |
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 Mass. Institute Of Tech. Federal Credit Union in 2016
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 | 133 | $46,361,000 | $348,000 | $1,460,000 | $179,000 | $2,225,000 |
| Refinancing | 126 | $38,766,000 | $307,000 | $1,425,000 | $203,000 | $2,225,000 |
| Home Improvement | 117 | $9,426,000 | $80,000 | $540,000 | $146,000 | $354,000 |
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 | 179 | $48,574,000 | $271,000 | $1,425,000 | $174,000 | $1,631,000 |
| Not Provided | 129 | $28,243,000 | $218,000 | $1,460,000 | $163,000 | $440,000 |
| Asian | 33 | $9,973,000 | $302,000 | $810,000 | $291,000 | $2,225,000 |
| Hispanic | 23 | $5,342,000 | $232,000 | $548,000 | $143,000 | $289,000 |
| Black or African American | 11 | $2,336,000 | $212,000 | $417,000 | $115,000 | $243,000 |
| American Indian or Alaskan Native | 1 | $85,000 | $85,000 | $85,000 | $205,000 | $205,000 |
| Native Hawaiin or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 376 | $94,553,000 | $251,000 | $1,460,000 | $177,000 | $2,225,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 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 | 175 | $32,477,000 | $185,000 | $1,425,000 | $198,000 | $2,225,000 |
| Loan Purchased By The Institution | 148 | $56,679,000 | $382,000 | $1,460,000 | $166,000 | $491,000 |
| Application Withdrawn By Applicant | 40 | $4,127,000 | $103,000 | $460,000 | $148,000 | $319,000 |
| Application Denied By Financial Institution | 11 | $1,160,000 | $105,000 | $290,000 | $89,000 | $185,000 |
| File Closed For Incompleteness | 2 | $110,000 | $55,000 | $60,000 | $173,000 | $243,000 |
| Application Approved But Not Accepted | 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 7 | $715,000 | $102,000 | $250,000 | $82,000 | $141,000 |
| Collateral | 2 | $340,000 | $170,000 | $290,000 | $146,000 | $185,000 |
| Unverifiable Information | 1 | $40,000 | $40,000 | $40,000 | $64,000 | $64,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 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 |
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.