Mass. Institute Of Tech. Federal Credit Union
Mortgage Loan Application
Totals and Details
for 2019
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 | 569 |
| Total Mortgage Loan Application Amount | $132,425,000 |
| Average Mortgage Loan Application Amount | $256,000 |
| Highest Mortgage Loan Application Amount | $1,505,000 |
| Average Applicant Income | $196,200 |
| Highest Applicant Income | $1,717,000 |
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 | 208 | $ 48,490,000 | $ 233,000 | $ 189,000 |
| Suffolk County Massachusetts | 50 | $ 10,470,000 | $ 209,000 | $ 159,000 |
| Essex County Massachusetts | 46 | $ 7,320,000 | $ 159,000 | $ 219,000 |
| Norfolk County Massachusetts | 39 | $ 6,595,000 | $ 169,000 | $ 180,000 |
| Worcester County Massachusetts | 13 | $ 1,665,000 | $ 128,000 | $ 141,000 |
| Hillsborough County New Hampshire | 12 | $ 2,180,000 | $ 181,000 | $ 164,000 |
| Rockingham County New Hampshire | 10 | $ 1,470,000 | $ 147,000 | $ 170,000 |
| Plymouth County Massachusetts | 7 | $ 725,000 | $ 103,000 | $ 200,000 |
| Bristol County Massachusetts | 6 | $ 430,000 | $ 71,000 | $ 106,000 |
| Los Angeles County California | 5 | $ 2,175,000 | $ 435,000 | $ 220,000 |
| Westchester County New York | 5 | $ 2,355,000 | $ 471,000 | $ 243,000 |
| San Diego County California | 4 | $ 1,840,000 | $ 460,000 | $ 155,000 |
| Fulton County Georgia | 4 | $ 2,000,000 | $ 500,000 | $ 188,000 |
| Barnstable County Massachusetts | 4 | $ 1,020,000 | $ 255,000 | $ 115,000 |
| Middlesex County New Jersey | 4 | $ 610,000 | $ 152,000 | $ 96,000 |
| Tarrant County Texas | 4 | $ 1,420,000 | $ 355,000 | $ 1,717,000 |
| Santa Clara County California | 3 | $ 825,000 | $ 275,000 | $ 189,000 |
| Santa Cruz County California | 3 | $ 1,845,000 | $ 615,000 | $ 538,000 |
| Miami-Dade County Florida | 3 | $ 795,000 | $ 265,000 | $ 141,000 |
| Montgomery County Maryland | 3 | $ 815,000 | $ 271,000 | $ 219,000 |
| Hampden County Massachusetts | 3 | $ 205,000 | $ 68,000 | $ 74,000 |
| Hennepin County Minnesota | 3 | $ 495,000 | $ 165,000 | $ 138,000 |
| Ramsey County Minnesota | 3 | $ 705,000 | $ 235,000 | $ 211,000 |
| Kings County New York | 3 | $ 1,915,000 | $ 638,000 | $ 249,000 |
| Philadelphia County Pennsylvania | 3 | $ 795,000 | $ 265,000 | $ 135,000 |
| Travis County Texas | 3 | $ 1,005,000 | $ 335,000 | $ 175,000 |
| King County Washington | 3 | $ 1,445,000 | $ 481,000 | $ 158,000 |
| Maricopa County Arizona | 2 | $ 710,000 | $ 355,000 | $ 283,000 |
| Orange County California | 2 | $ 940,000 | $ 470,000 | $ 560,000 |
| San Mateo County California | 2 | $ 950,000 | $ 475,000 | $ 127,000 |
| Denver County Colorado | 2 | $ 650,000 | $ 325,000 | $ 208,000 |
| Prince George's County Maryland | 2 | $ 360,000 | $ 180,000 | $ 144,000 |
| Carroll County New Hampshire | 2 | $ 540,000 | $ 270,000 | $ 234,000 |
| Merrimack County New Hampshire | 2 | $ 530,000 | $ 265,000 | $ 95,000 |
| Erie County New York | 2 | $ 460,000 | $ 230,000 | $ 188,000 |
| New York County New York | 2 | $ 270,000 | $ 135,000 | $ 153,000 |
| Suffolk County New York | 2 | $ 940,000 | $ 470,000 | $ 216,000 |
| Buncombe County North Carolina | 2 | $ 1,300,000 | $ 650,000 | $ 105,000 |
| Durham County North Carolina | 2 | $ 340,000 | $ 170,000 | $ 176,000 |
| Wake County North Carolina | 2 | $ 970,000 | $ 485,000 | $ 133,000 |
| Allegheny County Pennsylvania | 2 | $ 690,000 | $ 345,000 | $ 235,000 |
| Montgomery County Pennsylvania | 2 | $ 730,000 | $ 365,000 | $ 255,000 |
| Providence County Rhode Island | 2 | $ 310,000 | $ 155,000 | $ 92,000 |
| Davidson County Tennessee | 2 | $ 500,000 | $ 250,000 | $ 171,000 |
| Sumner County Tennessee | 2 | $ 510,000 | $ 255,000 | $ 130,000 |
| Dallas County Texas | 2 | $ 670,000 | $ 335,000 | $ 131,000 |
| Albemarle County Virginia | 2 | $ 350,000 | $ 175,000 | $ 220,000 |
| Arlington County Virginia | 2 | $ 1,030,000 | $ 515,000 | $ 272,000 |
| Montgomery County Virginia | 2 | $ 560,000 | $ 280,000 | $ 192,000 |
| Anchorage County Alaska | 1 | $ 285,000 | $ 285,000 | $ 151,000 |
| Alameda County California | 1 | $ 255,000 | $ 255,000 | $ 91,000 |
| Contra Costa County California | 1 | $ 485,000 | $ 485,000 | $ 241,000 |
| Sacramento County California | 1 | $ 295,000 | $ 295,000 | $ 107,000 |
| Sonoma County California | 1 | $ 35,000 | $ 35,000 | $ 210,000 |
| Arapahoe County Colorado | 1 | $ 535,000 | $ 535,000 | $ 145,000 |
| Boulder County Colorado | 1 | $ 625,000 | $ 625,000 | $ 0 |
| Broomfield County Colorado | 1 | $ 365,000 | $ 365,000 | $ 132,000 |
| El Paso County Colorado | 1 | $ 385,000 | $ 385,000 | $ 94,000 |
| Jefferson County Colorado | 1 | $ 205,000 | $ 205,000 | $ 75,000 |
| Fairfield County Connecticut | 1 | $ 155,000 | $ 155,000 | $ 230,000 |
| Litchfield County Connecticut | 1 | $ 75,000 | $ 75,000 | $ 151,000 |
| Brevard County Florida | 1 | $ 35,000 | $ 35,000 | $ 165,000 |
| Broward County Florida | 1 | $ 125,000 | $ 125,000 | $ 151,000 |
| Charlotte County Florida | 1 | $ 175,000 | $ 175,000 | $ 181,000 |
| Collier County Florida | 1 | $ 235,000 | $ 235,000 | $ 279,000 |
| Lee County Florida | 1 | $ 55,000 | $ 55,000 | $ 96,000 |
| Okaloosa County Florida | 1 | $ 105,000 | $ 105,000 | $ 47,000 |
| Orange County Florida | 1 | $ 215,000 | $ 215,000 | $ 92,000 |
| Palm Beach County Florida | 1 | $ 125,000 | $ 125,000 | $ 206,000 |
| Cobb County Georgia | 1 | $ 175,000 | $ 175,000 | $ 154,000 |
| DeKalb County Georgia | 1 | $ 125,000 | $ 125,000 | $ 43,000 |
| Fayette County Georgia | 1 | $ 175,000 | $ 175,000 | $ 164,000 |
| Gwinnett County Georgia | 1 | $ 25,000 | $ 25,000 | $ 37,000 |
| Maui County Hawaii | 1 | $ 465,000 | $ 465,000 | $ 500,000 |
| Hamilton County Indiana | 1 | $ 325,000 | $ 325,000 | $ 117,000 |
| Johnson County Kansas | 1 | $ 35,000 | $ 35,000 | $ 54,000 |
| East Baton Rouge County Louisiana | 1 | $ 195,000 | $ 195,000 | $ 126,000 |
| Cumberland County Maine | 1 | $ 65,000 | $ 65,000 | $ 15,000 |
| York County Maine | 1 | $ 35,000 | $ 35,000 | $ 60,000 |
| Baltimore County Maryland | 1 | $ 225,000 | $ 225,000 | $ 130,000 |
| Baltimore City County Maryland | 1 | $ 15,000 | $ 15,000 | $ 114,000 |
| Jackson County Michigan | 1 | $ 235,000 | $ 235,000 | $ 96,000 |
| Livingston County Michigan | 1 | $ 245,000 | $ 245,000 | $ 191,000 |
| Oakland County Michigan | 1 | $ 45,000 | $ 45,000 | $ 131,000 |
| Clark County Nevada | 1 | $ 355,000 | $ 355,000 | $ 160,000 |
| Cheshire County New Hampshire | 1 | $ 185,000 | $ 185,000 | $ 205,000 |
| Strafford County New Hampshire | 1 | $ 125,000 | $ 125,000 | $ 110,000 |
| Bergen County New Jersey | 1 | $ 305,000 | $ 305,000 | $ 727,000 |
| Cape May County New Jersey | 1 | $ 355,000 | $ 355,000 | $ 839,000 |
| Essex County New Jersey | 1 | $ 105,000 | $ 105,000 | $ 394,000 |
| Mercer County New Jersey | 1 | $ 105,000 | $ 105,000 | $ 54,000 |
| Monmouth County New Jersey | 1 | $ 975,000 | $ 975,000 | $ 249,000 |
| Sussex County New Jersey | 1 | $ 145,000 | $ 145,000 | $ 632,000 |
| Santa Fe County New Mexico | 1 | $ 215,000 | $ 215,000 | $ 68,000 |
| Columbia County New York | 1 | $ 295,000 | $ 295,000 | $ 369,000 |
| Delaware County New York | 1 | $ 215,000 | $ 215,000 | $ 272,000 |
| Greene County New York | 1 | $ 175,000 | $ 175,000 | $ 198,000 |
| Onondaga County New York | 1 | $ 165,000 | $ 165,000 | $ 107,000 |
| Queens County New York | 1 | $ 795,000 | $ 795,000 | $ 142,000 |
| Tompkins County New York | 1 | $ 55,000 | $ 55,000 | $ 108,000 |
| Ulster County New York | 1 | $ 195,000 | $ 195,000 | $ 250,000 |
| Guilford County North Carolina | 1 | $ 75,000 | $ 75,000 | $ 165,000 |
| Franklin County Ohio | 1 | $ 555,000 | $ 555,000 | $ 200,000 |
| Summit County Ohio | 1 | $ 15,000 | $ 15,000 | $ 103,000 |
| Benton County Oregon | 1 | $ 305,000 | $ 305,000 | $ 102,000 |
| Lane County Oregon | 1 | $ 245,000 | $ 245,000 | $ 108,000 |
| Multnomah County Oregon | 1 | $ 305,000 | $ 305,000 | $ 232,000 |
| Bucks County Pennsylvania | 1 | $ 285,000 | $ 285,000 | $ 157,000 |
| Chester County Pennsylvania | 1 | $ 485,000 | $ 485,000 | $ 270,000 |
| Lancaster County Pennsylvania | 1 | $ 285,000 | $ 285,000 | $ 143,000 |
| Kent County Rhode Island | 1 | $ 25,000 | $ 25,000 | $ 80,000 |
| Horry County South Carolina | 1 | $ 105,000 | $ 105,000 | $ 170,000 |
| Bexar County Texas | 1 | $ 485,000 | $ 485,000 | $ 190,000 |
| Fort Bend County Texas | 1 | $ 65,000 | $ 65,000 | $ 320,000 |
| Harris County Texas | 1 | $ 275,000 | $ 275,000 | $ 105,000 |
| Salt Lake County Utah | 1 | $ 375,000 | $ 375,000 | $ 141,000 |
| Windsor County Vermont | 1 | $ 75,000 | $ 75,000 | $ 416,000 |
| Alleghany County Virginia | 1 | $ 105,000 | $ 105,000 | $ 98,000 |
| Fairfax County Virginia | 1 | $ 105,000 | $ 105,000 | $ 265,000 |
| Whatcom County Washington | 1 | $ 415,000 | $ 415,000 | $ 125,000 |
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 2019
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 Improvement | 184 | $19,480,000 | $105,000 | $405,000 | $182,000 | $1,262,000 |
| Home Purchase | 141 | $51,045,000 | $362,000 | $1,505,000 | $185,000 | $839,000 |
| Refinancing | 115 | $30,415,000 | $264,000 | $775,000 | $214,000 | $1,717,000 |
| Other Purpose | 87 | $16,175,000 | $185,000 | $865,000 | $238,000 | $1,717,000 |
| Cash-out Refinancing | 42 | $15,310,000 | $364,000 | $975,000 | $162,000 | $444,000 |
| Not Applicable | 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 | 300 | $60,510,000 | $201,000 | $975,000 | $192,000 | $1,262,000 |
| Not Provided | 143 | $43,075,000 | $301,000 | $1,505,000 | $182,000 | $817,000 |
| Asian | 53 | $14,485,000 | $273,000 | $1,035,000 | $316,000 | $1,717,000 |
| Hispanic | 31 | $5,875,000 | $189,000 | $665,000 | $160,000 | $394,000 |
| Black or African American | 25 | $4,765,000 | $190,000 | $885,000 | $142,000 | $312,000 |
| Not applicable | 4 | $170,000 | $42,000 | $105,000 | $129,000 | $215,000 |
| American Indian or Alaskan Native | 2 | $450,000 | $225,000 | $375,000 | $133,000 | $141,000 |
| Native Hawaiian or Other Pacific Islander | 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) | 569 | $132,425,000 | $232,000 | $1,505,000 | $196,000 | $1,717,000 |
| 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 | 292 | $54,210,000 | $185,000 | $1,405,000 | $217,000 | $1,717,000 |
| Loan Purchased By The Institution | 122 | $47,030,000 | $385,000 | $895,000 | $185,000 | $616,000 |
| Application Denied By Financial Institution | 66 | $13,160,000 | $199,000 | $1,505,000 | $156,000 | $1,262,000 |
| Application Withdrawn By Applicant | 66 | $9,250,000 | $140,000 | $605,000 | $168,000 | $727,000 |
| Application Approved But Not Accepted | 23 | $8,775,000 | $381,000 | $865,000 | $181,000 | $834,000 |
| File Closed For Incompleteness | 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 |
|---|---|---|---|---|---|---|
| Not applicable | 503 | $119,265,000 | $237,000 | $1,405,000 | $201,000 | $1,717,000 |
| Debt-To-Income Ratio | 25 | $3,585,000 | $143,000 | $645,000 | $106,000 | $262,000 |
| Other | 12 | $4,990,000 | $415,000 | $1,505,000 | $165,000 | $398,000 |
| Credit History | 12 | $2,090,000 | $174,000 | $605,000 | $145,000 | $267,000 |
| Collateral | 11 | $1,305,000 | $118,000 | $305,000 | $170,000 | $416,000 |
| Credit Application Incomplete | 4 | $760,000 | $190,000 | $405,000 | $162,000 | $240,000 |
| Unverifiable Information | 1 | $405,000 | $405,000 | $405,000 | $1,262,000 | $1,262,000 |
| Employment History | 1 | $25,000 | $25,000 | $25,000 | $110,000 | $110,000 |
| 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 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.