Mass. Institute Of Tech. Federal Credit Union
Mortgage Loan Application
Totals and Details
for 2021
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 | 668 |
| Total Mortgage Loan Application Amount | $200,250,000 |
| Average Mortgage Loan Application Amount | $300,400 |
| Highest Mortgage Loan Application Amount | $1,885,000 |
| Average Applicant Income | $236,600 |
| Highest Applicant Income | $3,600,000 |
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 | 227 | $ 67,465,000 | $ 297,000 | $ 303,000 |
| Suffolk County Massachusetts | 47 | $ 12,635,000 | $ 268,000 | $ 200,000 |
| Essex County Massachusetts | 45 | $ 10,525,000 | $ 233,000 | $ 181,000 |
| Norfolk County Massachusetts | 41 | $ 11,205,000 | $ 273,000 | $ 229,000 |
| Worcester County Massachusetts | 25 | $ 6,095,000 | $ 243,000 | $ 143,000 |
| Plymouth County Massachusetts | 21 | $ 4,675,000 | $ 222,000 | $ 157,000 |
| Hillsborough County New Hampshire | 15 | $ 2,755,000 | $ 183,000 | $ 169,000 |
| Los Angeles County California | 12 | $ 5,040,000 | $ 420,000 | $ 222,000 |
| Rockingham County New Hampshire | 10 | $ 2,090,000 | $ 209,000 | $ 133,000 |
| Cook County Illinois | 8 | $ 2,820,000 | $ 352,000 | $ 255,000 |
| King County Washington | 8 | $ 4,130,000 | $ 516,000 | $ 211,000 |
| Wake County North Carolina | 7 | $ 2,325,000 | $ 332,000 | $ 144,000 |
| Fairfax County Virginia | 6 | $ 3,550,000 | $ 591,000 | $ 186,000 |
| Palm Beach County Florida | 5 | $ 1,225,000 | $ 245,000 | $ 145,000 |
| Barnstable County Massachusetts | 5 | $ 1,145,000 | $ 229,000 | $ 198,000 |
| New York County New York | 5 | $ 3,055,000 | $ 611,000 | $ 192,000 |
| Boulder County Colorado | 4 | $ 1,980,000 | $ 495,000 | $ 257,000 |
| Montgomery County Maryland | 4 | $ 1,180,000 | $ 295,000 | $ 171,000 |
| Allegheny County Pennsylvania | 4 | $ 1,020,000 | $ 255,000 | $ 260,000 |
| Harris County Texas | 4 | $ 1,210,000 | $ 302,000 | $ 169,000 |
| Tarrant County Texas | 4 | $ 1,630,000 | $ 407,000 | $ 1,831,000 |
| Alameda County California | 3 | $ 865,000 | $ 288,000 | $ 236,000 |
| San Francisco County California | 3 | $ 1,515,000 | $ 505,000 | $ 293,000 |
| Santa Cruz County California | 3 | $ 2,955,000 | $ 985,000 | $ 417,000 |
| Denver County Colorado | 3 | $ 815,000 | $ 271,000 | $ 188,000 |
| Collier County Florida | 3 | $ 815,000 | $ 271,000 | $ 228,000 |
| Fulton County Georgia | 3 | $ 1,355,000 | $ 451,000 | $ 242,000 |
| Hampshire County Massachusetts | 3 | $ 605,000 | $ 201,000 | $ 281,000 |
| Cheshire County New Hampshire | 3 | $ 985,000 | $ 328,000 | $ 137,000 |
| Rensselaer County New York | 3 | $ 785,000 | $ 261,000 | $ 163,000 |
| Lehigh County Pennsylvania | 3 | $ 845,000 | $ 281,000 | $ 116,000 |
| Providence County Rhode Island | 3 | $ 515,000 | $ 171,000 | $ 71,000 |
| Salt Lake County Utah | 3 | $ 425,000 | $ 141,000 | $ 127,000 |
| Monterey County California | 2 | $ 1,270,000 | $ 635,000 | $ 211,000 |
| San Diego County California | 2 | $ 1,310,000 | $ 655,000 | $ 290,000 |
| Santa Clara County California | 2 | $ 1,780,000 | $ 890,000 | $ 178,000 |
| Jefferson County Colorado | 2 | $ 1,170,000 | $ 585,000 | $ 183,000 |
| New Haven County Connecticut | 2 | $ 580,000 | $ 290,000 | $ 71,000 |
| District of Columbia County District Of Columbia | 2 | $ 1,150,000 | $ 575,000 | $ 131,000 |
| Miami-Dade County Florida | 2 | $ 520,000 | $ 260,000 | $ 204,000 |
| Hawaii County Hawaii | 2 | $ 710,000 | $ 355,000 | $ 187,000 |
| Oxford County Maine | 2 | $ 420,000 | $ 210,000 | $ 177,000 |
| Bristol County Massachusetts | 2 | $ 500,000 | $ 250,000 | $ 96,000 |
| Dukes County Massachusetts | 2 | $ 1,250,000 | $ 625,000 | $ 0 |
| Washtenaw County Michigan | 2 | $ 200,000 | $ 100,000 | $ 250,000 |
| Strafford County New Hampshire | 2 | $ 480,000 | $ 240,000 | $ 0 |
| Hudson County New Jersey | 2 | $ 430,000 | $ 215,000 | $ 1,255,000 |
| Middlesex County New Jersey | 2 | $ 690,000 | $ 345,000 | $ 235,000 |
| Delaware County New York | 2 | $ 250,000 | $ 125,000 | $ 217,000 |
| Kings County New York | 2 | $ 490,000 | $ 245,000 | $ 236,000 |
| Westchester County New York | 2 | $ 680,000 | $ 340,000 | $ 82,000 |
| Durham County North Carolina | 2 | $ 270,000 | $ 135,000 | $ 132,000 |
| Delaware County Pennsylvania | 2 | $ 1,000,000 | $ 500,000 | $ 230,000 |
| Philadelphia County Pennsylvania | 2 | $ 560,000 | $ 280,000 | $ 91,000 |
| Dallas County Texas | 2 | $ 930,000 | $ 465,000 | $ 1,026,000 |
| Travis County Texas | 2 | $ 1,040,000 | $ 520,000 | $ 270,000 |
| Patrick County Virginia | 2 | $ 180,000 | $ 90,000 | $ 240,000 |
| Mobile County Alabama | 1 | $ 155,000 | $ 155,000 | $ 105,000 |
| Maricopa County Arizona | 1 | $ 545,000 | $ 545,000 | $ 510,000 |
| Pima County Arizona | 1 | $ 265,000 | $ 265,000 | $ 120,000 |
| Santa Cruz County Arizona | 1 | $ 225,000 | $ 225,000 | $ 150,000 |
| Marin County California | 1 | $ 255,000 | $ 255,000 | $ 252,000 |
| Mono County California | 1 | $ 275,000 | $ 275,000 | $ 321,000 |
| Orange County California | 1 | $ 505,000 | $ 505,000 | $ 723,000 |
| Sacramento County California | 1 | $ 335,000 | $ 335,000 | $ 114,000 |
| San Bernardino County California | 1 | $ 385,000 | $ 385,000 | $ 150,000 |
| Arapahoe County Colorado | 1 | $ 195,000 | $ 195,000 | $ 233,000 |
| Larimer County Colorado | 1 | $ 365,000 | $ 365,000 | $ 83,000 |
| Hartford County Connecticut | 1 | $ 205,000 | $ 205,000 | $ 251,000 |
| Litchfield County Connecticut | 1 | $ 155,000 | $ 155,000 | $ 130,000 |
| Windham County Connecticut | 1 | $ 245,000 | $ 245,000 | $ 0 |
| New Castle County Delaware | 1 | $ 345,000 | $ 345,000 | $ 259,000 |
| Brevard County Florida | 1 | $ 225,000 | $ 225,000 | $ 78,000 |
| Broward County Florida | 1 | $ 285,000 | $ 285,000 | $ 139,000 |
| Manatee County Florida | 1 | $ 725,000 | $ 725,000 | $ 325,000 |
| Monroe County Florida | 1 | $ 415,000 | $ 415,000 | $ 144,000 |
| Pinellas County Florida | 1 | $ 325,000 | $ 325,000 | $ 310,000 |
| Chatham County Georgia | 1 | $ 275,000 | $ 275,000 | $ 83,000 |
| Cobb County Georgia | 1 | $ 115,000 | $ 115,000 | $ 322,000 |
| Harris County Georgia | 1 | $ 85,000 | $ 85,000 | $ 48,000 |
| Ada County Idaho | 1 | $ 355,000 | $ 355,000 | $ 193,000 |
| DuPage County Illinois | 1 | $ 485,000 | $ 485,000 | $ 178,000 |
| McLean County Illinois | 1 | $ 105,000 | $ 105,000 | $ 130,000 |
| Winnebago County Illinois | 1 | $ 275,000 | $ 275,000 | $ 107,000 |
| Marion County Indiana | 1 | $ 25,000 | $ 25,000 | $ 114,000 |
| Warren County Kentucky | 1 | $ 205,000 | $ 205,000 | $ 242,000 |
| Cumberland County Maine | 1 | $ 225,000 | $ 225,000 | $ 0 |
| York County Maine | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Anne Arundel County Maryland | 1 | $ 25,000 | $ 25,000 | $ 58,000 |
| Baltimore County Maryland | 1 | $ 225,000 | $ 225,000 | $ 153,000 |
| Baltimore City County Maryland | 1 | $ 165,000 | $ 165,000 | $ 123,000 |
| Oakland County Michigan | 1 | $ 165,000 | $ 165,000 | $ 130,000 |
| Ramsey County Minnesota | 1 | $ 75,000 | $ 75,000 | $ 400,000 |
| Gallatin County Montana | 1 | $ 315,000 | $ 315,000 | $ 185,000 |
| Clark County Nevada | 1 | $ 155,000 | $ 155,000 | $ 31,000 |
| Grafton County New Hampshire | 1 | $ 35,000 | $ 35,000 | $ 180,000 |
| Merrimack County New Hampshire | 1 | $ 25,000 | $ 25,000 | $ 126,000 |
| Sullivan County New Hampshire | 1 | $ 255,000 | $ 255,000 | $ 315,000 |
| Mercer County New Jersey | 1 | $ 415,000 | $ 415,000 | $ 250,000 |
| Ocean County New Jersey | 1 | $ 345,000 | $ 345,000 | $ 154,000 |
| Los Alamos County New Mexico | 1 | $ 315,000 | $ 315,000 | $ 343,000 |
| Santa Fe County New Mexico | 1 | $ 375,000 | $ 375,000 | $ 213,000 |
| Albany County New York | 1 | $ 55,000 | $ 55,000 | $ 78,000 |
| Monroe County New York | 1 | $ 225,000 | $ 225,000 | $ 200,000 |
| Rockland County New York | 1 | $ 325,000 | $ 325,000 | $ 321,000 |
| Suffolk County New York | 1 | $ 35,000 | $ 35,000 | $ 362,000 |
| Tompkins County New York | 1 | $ 245,000 | $ 245,000 | $ 152,000 |
| Washington County New York | 1 | $ 155,000 | $ 155,000 | $ 74,000 |
| Forsyth County North Carolina | 1 | $ 175,000 | $ 175,000 | $ 72,000 |
| Orange County North Carolina | 1 | $ 675,000 | $ 675,000 | $ 221,000 |
| Franklin County Ohio | 1 | $ 535,000 | $ 535,000 | $ 200,000 |
| Hamilton County Ohio | 1 | $ 305,000 | $ 305,000 | $ 112,000 |
| Crook County Oregon | 1 | $ 205,000 | $ 205,000 | $ 126,000 |
| Lane County Oregon | 1 | $ 395,000 | $ 395,000 | $ 124,000 |
| Multnomah County Oregon | 1 | $ 215,000 | $ 215,000 | $ 138,000 |
| Berks County Pennsylvania | 1 | $ 305,000 | $ 305,000 | $ 136,000 |
| Bucks County Pennsylvania | 1 | $ 205,000 | $ 205,000 | $ 66,000 |
| Chester County Pennsylvania | 1 | $ 165,000 | $ 165,000 | $ 108,000 |
| Pike County Pennsylvania | 1 | $ 225,000 | $ 225,000 | $ 208,000 |
| Van Buren County Tennessee | 1 | $ 205,000 | $ 205,000 | $ 195,000 |
| Bexar County Texas | 1 | $ 475,000 | $ 475,000 | $ 161,000 |
| Fort Bend County Texas | 1 | $ 495,000 | $ 495,000 | $ 166,000 |
| Hays County Texas | 1 | $ 155,000 | $ 155,000 | $ 150,000 |
| Jefferson County Texas | 1 | $ 185,000 | $ 185,000 | $ 110,000 |
| Grand County Utah | 1 | $ 455,000 | $ 455,000 | $ 148,000 |
| Franklin County Vermont | 1 | $ 235,000 | $ 235,000 | $ 171,000 |
| Lamoille County Vermont | 1 | $ 685,000 | $ 685,000 | $ 275,000 |
| Orange County Vermont | 1 | $ 175,000 | $ 175,000 | $ 85,000 |
| Windham County Vermont | 1 | $ 135,000 | $ 135,000 | $ 104,000 |
| Alexandria County Virginia | 1 | $ 725,000 | $ 725,000 | $ 156,000 |
| Charlottesville County Virginia | 1 | $ 335,000 | $ 335,000 | $ 276,000 |
| James City County Virginia | 1 | $ 475,000 | $ 475,000 | $ 141,000 |
| Clark County Washington | 1 | $ 1,005,000 | $ 1,005,000 | $ 245,000 |
| Whatcom County Washington | 1 | $ 395,000 | $ 395,000 | $ 293,000 |
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 2021
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 | 179 | $24,745,000 | $138,000 | $545,000 | $242,000 | $1,831,000 |
| Refinancing | 172 | $58,720,000 | $341,000 | $955,000 | $238,000 | $1,831,000 |
| Home Purchase | 140 | $61,840,000 | $441,000 | $1,885,000 | $296,000 | $3,600,000 |
| Cash-out Refinancing | 105 | $41,225,000 | $392,000 | $1,285,000 | $180,000 | $460,000 |
| Other Purpose | 72 | $13,720,000 | $190,000 | $495,000 | $227,000 | $1,680,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 237 | $92,385,000 | $389,000 | $1,285,000 | $144,000 | $144,000 |
| White | 215 | $45,955,000 | $213,000 | $1,885,000 | $210,000 | $1,680,000 |
| Not Provided | 112 | $33,750,000 | $301,000 | $1,885,000 | $240,000 | $1,800,000 |
| Asian | 42 | $13,740,000 | $327,000 | $765,000 | $497,000 | $3,600,000 |
| Black or African American | 24 | $4,470,000 | $186,000 | $595,000 | $247,000 | $2,381,000 |
| Hispanic | 23 | $6,565,000 | $285,000 | $725,000 | $199,000 | $1,632,000 |
| American Indian or Alaskan Native | 5 | $985,000 | $197,000 | $405,000 | $179,000 | $277,000 |
| 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) | 668 | $200,250,000 | $299,000 | $1,885,000 | $246,000 | $3,600,000 |
| 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 | 266 | $66,330,000 | $249,000 | $1,885,000 | $233,000 | $1,831,000 |
| Loan Purchased By The Institution | 236 | $92,330,000 | $391,000 | $1,285,000 | $0 | $0 |
| File Closed For Incompleteness | 55 | $15,745,000 | $286,000 | $805,000 | $296,000 | $2,381,000 |
| Application Withdrawn By Applicant | 52 | $11,550,000 | $222,000 | $1,885,000 | $346,000 | $3,600,000 |
| Application Denied By Financial Institution | 49 | $11,275,000 | $230,000 | $685,000 | $163,000 | $926,000 |
| Application Approved But Not Accepted | 10 | $3,020,000 | $302,000 | $505,000 | $179,000 | $300,000 |
| 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 | 619 | $188,975,000 | $305,000 | $1,885,000 | $256,000 | $3,600,000 |
| Debt-To-Income Ratio | 21 | $4,355,000 | $207,000 | $565,000 | $88,000 | $158,000 |
| Collateral | 16 | $2,900,000 | $181,000 | $685,000 | $230,000 | $926,000 |
| Other | 10 | $3,380,000 | $338,000 | $605,000 | $211,000 | $344,000 |
| Credit Application Incomplete | 1 | $105,000 | $105,000 | $105,000 | $76,000 | $76,000 |
| Credit History | 1 | $535,000 | $535,000 | $535,000 | $200,000 | $200,000 |
| Unverifiable Information | 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 |
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.