Peoplesbank
Mortgage Loan Application
Totals and Details
for 2022

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 Peoplesbank.
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 Peoplesbank
330 Whitney Avenue
Holyoke, MA 01040
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,742
Total Mortgage Loan Application Amount $517,860,000
Average Mortgage Loan Application Amount $222,500
Highest Mortgage Loan Application Amount $21,045,000
Average Applicant Income $105,166
Highest Applicant Income $4,500,000

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.

Mortgage Loan Application Totals for Peoplesbank by Metropolitan Area in 2022

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
SPRINGFIELD, MA 1,168 $ 213,030,000 $ 182,000 $ 111,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 201 $ 87,235,000 $ 434,000 $ 198,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 134 $ 42,310,000 $ 315,000 $ 318,000
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 58 $ 5,800,000 $ 100,000 $ 254,000
BOSTON, MA 50 $ 26,630,000 $ 532,000 $ 552,000
BARNSTABLE TOWN, MA 47 $ 23,565,000 $ 501,000 $ 497,000
PROVIDENCE-WARWICK, RI-MA 19 $ 7,885,000 $ 421,000 $ 150,500
WORCESTER, MA-CT 17 $ 6,405,000 $ 324,000 $ 136,000
NA (OUTSIDE OF MSA/MD) 11 $ 2,385,000 $ 388,750 $ 87,666
PITTSFIELD, MA 7 $ 1,635,000 $ 233,000 $ 134,000
NEW HAVEN-MILFORD, CT 6 $ 2,140,000 $ 356,000 $ 131,000
BRIDGEPORT-STAMFORD-NORWALK, CT 4 $ 6,000,000 $ 1,500,000 $ 235,000
NORWICH-NEW LONDON, CT 4 $ 32,370,000 $ 8,092,000 $ 806,000
PHILADELPHIA, PA 4 $ 11,660,000 $ 2,915,000 $ 0
NEWARK, NJ-PA 2 $ 6,770,000 $ 3,385,000 $ 564,000
PORTLAND-SOUTH PORTLAND, ME 2 $ 750,000 $ 375,000 $ 244,000
ATLANTIC CITY-HAMMONTON, NJ 1 $ 6,965,000 $ 6,965,000 $ 0
BOISE CITY, ID 1 $ 465,000 $ 465,000 $ 0
CAMDEN, NJ 1 $ 21,045,000 $ 21,045,000 $ 0
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 1 $ 35,000 $ 35,000 $ 22,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 1 $ 2,915,000 $ 2,915,000 $ 0
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 1 $ 1,215,000 $ 1,215,000 $ 382,000
OCEAN CITY, NJ 1 $ 8,595,000 $ 8,595,000 $ 0
SAN DIEGO-CARLSBAD, CA 1 $ 55,000 $ 55,000 $ 180,000

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 Peoplesbank in 2022

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 670 $337,460,000 $503,000 $21,045,000 $147,000 $3,745,000
Home Improvement 424 $58,130,000 $137,000 $9,445,000 $139,000 $4,500,000
Refinancing 282 $74,200,000 $263,000 $13,935,000 $123,000 $1,505,000
Not Applicable 142 $10,960,000 $77,000 $475,000 $0 $0
Other Purpose 131 $13,675,000 $104,000 $1,205,000 $125,000 $2,566,000
Cash-out Refinancing 93 $23,435,000 $251,000 $875,000 $97,000 $361,000

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 1,018 $200,400,000 $196,000 $1,445,000 $135,000 $4,500,000
Not applicable 297 $233,785,000 $787,000 $21,045,000 $0 $0
Not Provided 183 $39,655,000 $216,000 $855,000 $161,000 $1,920,000
Hispanic 122 $16,600,000 $136,000 $565,000 $87,000 $780,000
Black or African American 54 $9,790,000 $181,000 $635,000 $109,000 $484,000
Asian 51 $13,285,000 $260,000 $1,125,000 $188,000 $2,566,000
American Indian or Alaskan Native 14 $3,870,000 $276,000 $1,215,000 $161,000 $564,000
Native Hawaiian or Other Pacific Islander 2 $160,000 $80,000 $125,000 $23,000 $25,000

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) 1,742 $517,860,000 $297,000 $21,045,000 $136,000 $4,500,000
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 1,029 $330,965,000 $321,000 $16,505,000 $129,000 $4,027,000
Loan Purchased By The Institution 249 $70,955,000 $284,000 $2,345,000 $0 $0
Application Denied By Financial Institution 187 $27,135,000 $145,000 $1,205,000 $130,000 $3,745,000
Application Withdrawn By Applicant 129 $31,325,000 $242,000 $1,405,000 $175,000 $1,505,000
File Closed For Incompleteness 118 $17,460,000 $147,000 $535,000 $154,000 $4,500,000
Application Approved But Not Accepted 30 $40,020,000 $1,334,000 $21,045,000 $147,000 $624,000
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 1,555 $490,725,000 $315,000 $21,045,000 $136,000 $4,500,000
Debt-To-Income Ratio 106 $15,670,000 $147,000 $1,205,000 $53,000 $158,000
Credit History 33 $2,095,000 $63,000 $205,000 $73,000 $222,000
Other 20 $4,610,000 $230,000 $855,000 $650,000 $3,745,000
Collateral 20 $3,980,000 $199,000 $605,000 $141,000 $395,000
Employment History 4 $340,000 $85,000 $105,000 $7,000 $29,000
Credit Application Incomplete 2 $40,000 $20,000 $25,000 $64,000 $70,000
Unverifiable Information 1 $215,000 $215,000 $215,000 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 1 $185,000 $185,000 $185,000 $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.

Download the Massachusetts Lender List