Sovereign Bank
Mortgage Loan Application
Totals and Details
for 2007

Find mortgage loan statistics, lending data, and loan application totals for Pennsylvania.
The mortgage statistics and data below are specific to mortgage loan applications for Sovereign 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 Sovereign Bank
1130 Berkshire Boulevard
Wyomissing, PA 19610
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 43,269
Total Mortgage Loan Application Amount $10,355,260,000
Average Mortgage Loan Application Amount $211,000
Highest Mortgage Loan Application Amount $50,000,000
Average Applicant Income $81,666
Highest Applicant Income $6,000,000

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 PA, 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 Sovereign Bank by Metropolitan Area in 2007

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
PHILADELPHIA, PA 5,248 $ 1,129,849,000 $ 215,000 $ 75,000
PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA 3,647 $ 640,426,000 $ 172,500 $ 77,000
EDISON, NJ 3,403 $ 581,883,000 $ 170,000 $ 87,000
BOSTON-QUINCY, MA 3,124 $ 625,728,000 $ 200,000 $ 86,000
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ 2,135 $ 1,559,770,000 $ 662,000 $ 83,500
NEWARK-UNION, NJ-PA 1,647 $ 408,330,000 $ 183,500 $ 82,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 1,637 $ 294,193,000 $ 179,000 $ 85,000
READING, PA 1,575 $ 173,977,000 $ 110,000 $ 62,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 1,395 $ 225,780,000 $ 161,000 $ 81,000
PEABODY, MA 1,136 $ 179,369,000 $ 157,000 $ 82,000
WORCESTER, MA 1,068 $ 156,754,000 $ 146,000 $ 78,000
ALBANY-SCHENECTADY-TROY, NY 980 $ 160,309,000 $ 163,000 $ 78,000
LANCASTER, PA 905 $ 96,972,000 $ 107,000 $ 62,000
YORK-HANOVER, PA 857 $ 109,445,000 $ 127,000 $ 74,000
HARRISBURG-CARLISLE, PA 794 $ 108,295,000 $ 136,000 $ 71,000
BARNSTABLE TOWN, MA 707 $ 182,327,000 $ 257,000 $ 88,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 693 $ 111,641,000 $ 169,000 $ 72,500
CAMDEN, NJ 618 $ 142,240,000 $ 230,000 $ 84,000
CHICAGO-NAPERVILLE-JOLIET, IL 462 $ 261,695,000 $ 566,000 $ 65,000
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 411 $ 65,294,000 $ 158,000 $ 89,000
PITTSBURGH, PA 403 $ 45,800,000 $ 113,000 $ 67,000
TRENTON-EWING, NJ 403 $ 56,099,000 $ 139,000 $ 81,000
NEW HAVEN-MILFORD, CT 373 $ 75,276,000 $ 201,000 $ 77,000
WILMINGTON, DE-MD-NJ 362 $ 71,468,000 $ 169,666 $ 67,666
WILLIAMSPORT, PA 342 $ 25,153,000 $ 73,000 $ 61,000
SPRINGFIELD, MA 331 $ 45,788,000 $ 138,000 $ 63,000
MANCHESTER-NASHUA, NH 310 $ 45,468,000 $ 146,000 $ 87,000
LEBANON, PA 282 $ 29,779,000 $ 105,000 $ 62,000
GLENS FALLS, NY 242 $ 32,644,000 $ 134,000 $ 62,000
SCRANTON--WILKES-BARRE, PA 203 $ 24,626,000 $ 121,000 $ 65,000
NASSAU-SUFFOLK, NY 200 $ 67,779,000 $ 338,000 $ 106,000
EVANSVILLE, IN-KY 199 $ 24,493,000 $ 123,000 $ 84,000
ATLANTIC CITY, NJ 198 $ 113,539,000 $ 573,000 $ 81,000
BALTIMORE-TOWSON, MD 194 $ 182,167,000 $ 939,000 $ 56,000
BRIDGEPORT-STAMFORD-NORWALK, CT 187 $ 63,740,000 $ 340,000 $ 128,000
BURLINGTON-SOUTH BURLINGTON, VT 182 $ 38,125,000 $ 209,000 $ 77,000
OAKLAND-FREMONT-HAYWARD, CA 162 $ 88,878,000 $ 548,000 $ 122,000
OCEAN CITY, NJ 135 $ 54,445,000 $ 403,000 $ 296,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 133 $ 63,008,000 $ 595,000 $ 127,500
LOS ANGELES-LONG BEACH-GLENDALE, CA 119 $ 221,422,000 $ 1,860,000 $ 47,000
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 103 $ 25,826,000 $ 250,000 $ 79,000
ST. LOUIS, MO-IL 99 $ 18,543,000 $ 186,000 $ 110,000
BUFFALO-NIAGARA FALLS, NY 95 $ 12,085,000 $ 127,000 $ 70,000
PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME 95 $ 21,966,000 $ 231,000 $ 102,000
HAGERSTOWN-MARTINSBURG, MD-WV 84 $ 11,011,000 $ 140,500 $ 52,500
BETHESDA-GAITHERSBURG-FREDERICK, MD 81 $ 19,607,000 $ 242,000 $ 88,000
STATE COLLEGE, PA 79 $ 8,837,000 $ 111,000 $ 62,000
GARY, IN 70 $ 11,614,000 $ 165,000 $ 67,000
UTICA-ROME, NY 66 $ 7,066,000 $ 107,000 $ 60,000
SYRACUSE, NY 65 $ 7,625,000 $ 117,000 $ 65,000
NORWICH-NEW LONDON, CT 64 $ 16,310,000 $ 254,000 $ 129,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 61 $ 75,861,000 $ 1,243,000 $ 210,000
ORLANDO-KISSIMMEE, FL 54 $ 75,907,000 $ 1,405,000 $ 73,000
CHARLOTTE-GASTONIA-CONCORD, NC-SC 51 $ 12,205,000 $ 634,500 $ 56,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 51 $ 58,334,000 $ 1,143,000 $ 76,000
FORT WAYNE, IN 50 $ 4,796,000 $ 95,000 $ 57,000
DOVER, DE 49 $ 9,734,000 $ 198,000 $ 82,000
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 49 $ 21,443,000 $ 437,000 $ 105,000
INDIANAPOLIS-CARMEL, IN 47 $ 18,200,000 $ 387,000 $ 108,000
RALEIGH-CARY, NC 42 $ 16,936,000 $ 403,000 $ 83,000
ROCHESTER, NY 42 $ 5,106,000 $ 121,000 $ 92,000
DENVER-AURORA, CO 38 $ 10,728,000 $ 282,000 $ 114,000
KINGSTON, NY 36 $ 7,725,000 $ 214,000 $ 65,000
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 35 $ 20,619,000 $ 589,000 $ 180,000
JACKSONVILLE, FL 34 $ 29,063,000 $ 854,000 $ 621,000
PITTSFIELD, MA 34 $ 7,026,000 $ 206,000 $ 73,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 34 $ 21,421,000 $ 630,000 $ 160,000
CLEVELAND-ELYRIA-MENTOR, OH 31 $ 3,709,000 $ 119,000 $ 64,000
VINELAND-MILLVILLE-BRIDGETON, NJ 31 $ 11,685,000 $ 376,000 $ 57,000
NAPLES-MARCO ISLAND, FL 30 $ 8,539,000 $ 284,000 $ 106,000
MIAMI-MIAMI BEACH-KENDALL, FL 29 $ 23,628,000 $ 814,000 $ 100,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 29 $ 52,390,000 $ 1,461,500 $ 283,500
CAPE CORAL-FORT MYERS, FL 27 $ 6,796,000 $ 251,000 $ 76,000
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA 26 $ 10,220,000 $ 393,000 $ 168,000
AKRON, OH 22 $ 2,188,000 $ 99,000 $ 42,000
SEATTLE-BELLEVUE-EVERETT, WA 21 $ 9,331,000 $ 444,000 $ 176,000
WARREN-TROY-FARMINGTON HILLS, MI 21 $ 3,573,000 $ 170,000 $ 78,000
HUNTSVILLE, AL 20 $ 3,641,000 $ 182,000 $ 68,000
CINCINNATI-MIDDLETOWN, OH-KY-IN 19 $ 2,602,000 $ 142,500 $ 86,500
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 19 $ 5,745,000 $ 302,000 $ 46,000
KANSAS CITY, MO-KS 19 $ 3,204,000 $ 164,000 $ 122,000
LAFAYETTE, IN 18 $ 1,302,000 $ 72,000 $ 49,000
ATLANTA-SANDY SPRINGS-MARIETTA, GA 17 $ 2,929,000 $ 172,000 $ 150,000
SANTA ANA-ANAHEIM-IRVINE, CA 17 $ 13,871,000 $ 815,000 $ 115,000
CANTON-MASSILLON, OH 16 $ 1,368,000 $ 85,000 $ 93,000
MONTGOMERY, AL 16 $ 1,984,000 $ 124,000 $ 82,000
PHOENIX-MESA-SCOTTSDALE, AZ 16 $ 69,778,000 $ 4,361,000 $ 78,000
RICHMOND, VA 16 $ 2,963,000 $ 185,000 $ 55,000
MUNCIE, IN 15 $ 1,668,000 $ 111,000 $ 55,000
PORT ST. LUCIE, FL 15 $ 6,622,000 $ 441,000 $ 39,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 15 $ 5,065,000 $ 337,000 $ 119,000
ASHEVILLE, NC 14 $ 2,107,000 $ 150,000 $ 68,000
BLOOMINGTON, IN 14 $ 2,021,000 $ 144,000 $ 70,000
CUMBERLAND, MD-WV 14 $ 1,451,000 $ 107,500 $ 54,500
LAKE COUNTY-KENOSHA COUNTY, IL-WI 14 $ 3,804,000 $ 183,000 $ 31,500
SARASOTA-BRADENTON-VENICE, FL 14 $ 2,825,000 $ 201,000 $ 123,000
STOCKTON, CA 14 $ 6,228,000 $ 444,000 $ 64,000
ALTOONA, PA 13 $ 1,835,000 $ 141,000 $ 50,000
GREENSBORO-HIGH POINT, NC 13 $ 2,188,000 $ 168,000 $ 23,000
LYNCHBURG, VA 13 $ 1,433,000 $ 110,000 $ 41,000
BINGHAMTON, NY 12 $ 1,355,000 $ 112,000 $ 65,000
COLUMBUS, OH 12 $ 1,859,000 $ 154,000 $ 52,000
OCALA, FL 12 $ 3,945,000 $ 328,000 $ 100,000
CLARKSVILLE, TN-KY 11 $ 59,277,000 $ 5,388,000 $ 6,000
DETROIT-LIVONIA-DEARBORN, MI 11 $ 2,474,000 $ 224,000 $ 144,000
DURHAM, NC 10 $ 14,429,000 $ 1,442,000 $ 58,000
ERIE, PA 10 $ 919,000 $ 91,000 $ 66,000
LEWISTON-AUBURN, ME 10 $ 1,881,000 $ 188,000 $ 61,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 10 $ 43,157,000 $ 4,315,000 $ 47,000
PUNTA GORDA, FL 10 $ 1,911,000 $ 191,000 $ 60,000
SALINAS, CA 10 $ 4,890,000 $ 489,000 $ 715,000
SAVANNAH, GA 10 $ 10,656,000 $ 1,065,000 $ 71,000
JOHNSTOWN, PA 9 $ 847,000 $ 94,000 $ 41,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 9 $ 9,442,000 $ 1,049,000 $ 46,000
SAN DIEGO-CARLSBAD-SAN MARCOS, CA 9 $ 36,823,000 $ 4,091,000 $ 60,000
SOUTH BEND-MISHAWAKA, IN-MI 9 $ 832,000 $ 76,000 $ 56,500
VALLEJO-FAIRFIELD, CA 9 $ 4,197,000 $ 466,000 $ 74,000
BANGOR, ME 8 $ 1,052,000 $ 131,000 $ 50,000
BIRMINGHAM-HOOVER, AL 8 $ 1,308,000 $ 163,000 $ 48,000
KANKAKEE-BRADLEY, IL 8 $ 1,346,000 $ 168,000 $ 67,000
LANSING-EAST LANSING, MI 8 $ 9,924,000 $ 1,240,000 $ 18,000
LAKELAND, FL 7 $ 1,729,000 $ 247,000 $ 71,000
LAS VEGAS-PARADISE, NV 7 $ 3,741,000 $ 534,000 $ 213,000
MODESTO, CA 7 $ 2,293,000 $ 327,000 $ 55,000
RENO-SPARKS, NV 7 $ 3,855,000 $ 550,000 $ 223,000
ROANOKE, VA 7 $ 1,070,000 $ 152,000 $ 89,000
SANTA CRUZ-WATSONVILLE, CA 7 $ 4,879,000 $ 697,000 $ 212,000
TOLEDO, OH 7 $ 865,000 $ 123,000 $ 55,000
WHEELING, WV-OH 7 $ 510,000 $ 73,500 $ 36,500
FRESNO, CA 6 $ 5,070,000 $ 845,000 $ 67,000
HICKORY-LENOIR-MORGANTON, NC 6 $ 7,299,000 $ 1,216,000 $ 46,000
KNOXVILLE, TN 6 $ 705,000 $ 117,000 $ 58,000
MEMPHIS, TN-MS-AR 6 $ 9,968,000 $ 1,661,000 $ 93,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC 6 $ 612,000 $ 102,000 $ 51,000
ALBUQUERQUE, NM 5 $ 966,000 $ 193,000 $ 78,000
GREENVILLE, NC 5 $ 794,000 $ 158,000 $ 68,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 5 $ 3,458,000 $ 691,000 $ 62,000
PALM COAST, FL 5 $ 852,000 $ 170,000 $ 124,000
PANAMA CITY-LYNN HAVEN, FL 5 $ 834,000 $ 166,000 $ 168,000
SEBASTIAN-VERO BEACH, FL 5 $ 5,391,000 $ 1,078,000 $ 109,000
TUSCALOOSA, AL 5 $ 560,000 $ 112,000 $ 73,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 5 $ 290,000 $ 58,000 $ 32,000
ATHENS-CLARKE COUNTY, GA 4 $ 346,000 $ 86,000 $ 386,000
CHARLOTTESVILLE, VA 4 $ 977,000 $ 244,000 $ 63,000
COLUMBIA, SC 4 $ 201,000 $ 50,000 $ 80,000
DALLAS-PLANO-IRVING, TX 4 $ 695,000 $ 173,000 $ 90,000
ELMIRA, NY 4 $ 380,000 $ 95,000 $ 54,000
ITHACA, NY 4 $ 452,000 $ 113,000 $ 101,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 4 $ 14,902,000 $ 3,725,000 $ 40,000
REDDING, CA 4 $ 818,000 $ 204,000 $ 40,000
SANTA ROSA-PETALUMA, CA 4 $ 1,460,000 $ 365,000 $ 104,000
TALLAHASSEE, FL 4 $ 446,000 $ 111,000 $ 64,000
WEIRTON-STEUBENVILLE, WV-OH 4 $ 419,000 $ 89,500 $ 26,000
BAKERSFIELD, CA 3 $ 1,007,000 $ 335,000 $ 34,000
CHARLESTON-NORTH CHARLESTON, SC 3 $ 818,000 $ 272,000 $ 718,000
COLUMBUS, GA-AL 3 $ 234,000 $ 71,500 $ 43,000
DALTON, GA 3 $ 234,000 $ 78,000 $ 57,000
DAYTON, OH 3 $ 289,000 $ 96,000 $ 65,000
DES MOINES-WEST DES MOINES, IA 3 $ 294,000 $ 98,000 $ 68,000
GRAND RAPIDS-WYOMING, MI 3 $ 440,000 $ 146,000 $ 71,000
GREENVILLE-MAULDIN-EASLEY, SC 3 $ 527,000 $ 175,000 $ 67,000
JEFFERSON CITY, MO 3 $ 226,000 $ 75,000 $ 53,000
MICHIGAN CITY-LA PORTE, IN 3 $ 317,000 $ 105,000 $ 70,000
NAPA, CA 3 $ 541,000 $ 180,000 $ 98,000
PENSACOLA-FERRY PASS-BRENT, FL 3 $ 2,712,000 $ 904,000 $ 21,000
PORTLAND-VANCOUVER-BEAVERTON, OR-WA 3 $ 642,000 $ 226,500 $ 89,500
SANTA BARBARA-SANTA MARIA-GOLETA, CA 3 $ 1,594,000 $ 531,000 $ 50,000
TUCSON, AZ 3 $ 366,000 $ 122,000 $ 119,000
WILMINGTON, NC 3 $ 348,000 $ 116,000 $ 134,000
WINCHESTER, VA-WV 3 $ 659,000 $ 219,000 $ 55,000
WINSTON-SALEM, NC 3 $ 275,000 $ 91,000 $ 52,000
AUGUSTA-RICHMOND COUNTY, GA-SC 2 $ 285,000 $ 142,000 $ 49,000
AUSTIN-ROUND ROCK, TX 2 $ 7,225,000 $ 3,612,000 $ 0
BLOOMINGTON-NORMAL, IL 2 $ 3,728,000 $ 1,864,000 $ 0
BREMERTON-SILVERDALE, WA 2 $ 617,000 $ 308,000 $ 100,000
BRUNSWICK, GA 2 $ 265,000 $ 132,000 $ 61,000
CARSON CITY, NV 2 $ 328,000 $ 164,000 $ 74,000
CHATTANOOGA, TN-GA 2 $ 273,000 $ 136,500 $ 40,000
FAYETTEVILLE, NC 2 $ 270,000 $ 135,000 $ 75,000
FLAGSTAFF, AZ 2 $ 509,000 $ 254,000 $ 74,000
FLORENCE-MUSCLE SHOALS, AL 2 $ 356,000 $ 178,000 $ 26,000
FORT WALTON BEACH-CRESTVIEW-DESTIN, FL 2 $ 589,000 $ 294,000 $ 15,000
HOUSTON-SUGAR LAND-BAYTOWN, TX 2 $ 22,248,000 $ 11,124,000 $ 38,000
MERCED, CA 2 $ 679,000 $ 339,000 $ 78,000
MOBILE, AL 2 $ 266,000 $ 133,000 $ 52,000
MORGANTOWN, WV 2 $ 107,000 $ 53,000 $ 22,000
OSHKOSH-NEENAH, WI 2 $ 211,000 $ 105,000 $ 105,000
SAN LUIS OBISPO-PASO ROBLES, CA 2 $ 806,000 $ 403,000 $ 167,000
SPARTANBURG, SC 2 $ 257,000 $ 128,000 $ 42,000
ANDERSON, IN 1 $ 100,000 $ 100,000 $ 30,000
BEAUMONT-PORT ARTHUR, TX 1 $ 5,000,000 $ 5,000,000 $ 0
BLACKSBURG-CHRISTIANSBURG-RADFORD, VA 1 $ 55,000 $ 55,000 $ 50,000
BOISE CITY-NAMPA, ID 1 $ 180,000 $ 180,000 $ 164,000
BURLINGTON, NC 1 $ 101,000 $ 101,000 $ 47,000
CHARLESTON, WV 1 $ 59,000 $ 59,000 $ 60,000
CHICO, CA 1 $ 208,000 $ 208,000 $ 144,000
COLORADO SPRINGS, CO 1 $ 118,000 $ 118,000 $ 30,000
DANVILLE, VA 1 $ 135,000 $ 135,000 $ 204,000
ELKHART-GOSHEN, IN 1 $ 75,000 $ 75,000 $ 27,000
FARGO, ND-MN 1 $ 71,000 $ 71,000 $ 80,000
FLINT, MI 1 $ 50,000 $ 50,000 $ 0
FLORENCE, SC 1 $ 175,000 $ 175,000 $ 67,000
GAINESVILLE, FL 1 $ 139,000 $ 139,000 $ 0
GAINESVILLE, GA 1 $ 150,000 $ 150,000 $ 102,000
GRAND JUNCTION, CO 1 $ 40,000 $ 40,000 $ 46,000
HARRISONBURG, VA 1 $ 182,000 $ 182,000 $ 81,000
HINESVILLE-FORT STEWART, GA 1 $ 174,000 $ 174,000 $ 125,000
JACKSONVILLE, NC 1 $ 112,000 $ 112,000 $ 27,000
KALAMAZOO-PORTAGE, MI 1 $ 144,000 $ 144,000 $ 0
KILLEEN-TEMPLE-FORT HOOD, TX 1 $ 28,000 $ 28,000 $ 52,000
LAS CRUCES, NM 1 $ 216,000 $ 216,000 $ 87,000
LEXINGTON-FAYETTE, KY 1 $ 3,280,000 $ 3,280,000 $ 0
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 1 $ 26,000 $ 26,000 $ 30,000
LOUISVILLE-JEFFERSON COUNTY, KY-IN 1 $ 16,850,000 $ 16,850,000 $ 0
MACON, GA 1 $ 145,000 $ 145,000 $ 74,000
MANSFIELD, OH 1 $ 76,000 $ 76,000 $ 38,000
MEDFORD, OR 1 $ 165,000 $ 165,000 $ 30,000
MONROE, MI 1 $ 56,000 $ 56,000 $ 112,000
MOUNT VERNON-ANACORTES, WA 1 $ 121,000 $ 121,000 $ 44,000
NILES-BENTON HARBOR, MI 1 $ 210,000 $ 210,000 $ 0
OKLAHOMA CITY, OK 1 $ 55,000 $ 55,000 $ 33,000
OXNARD-THOUSAND OAKS-VENTURA, CA 1 $ 676,000 $ 676,000 $ 252,000
PARKERSBURG-MARIETTA-VIENNA, WV-OH 1 $ 72,000 $ 72,000 $ 60,000
PEORIA, IL 1 $ 62,000 $ 62,000 $ 26,000
PUEBLO, CO 1 $ 140,000 $ 140,000 $ 58,000
RACINE, WI 1 $ 280,000 $ 280,000 $ 51,000
ROCHESTER, MN 1 $ 75,000 $ 75,000 $ 121,000
SALEM, OR 1 $ 192,000 $ 192,000 $ 53,000
SALISBURY, MD 1 $ 170,000 $ 170,000 $ 42,000
SALT LAKE CITY, UT 1 $ 30,000 $ 30,000 $ 90,000
SPRINGFIELD, MO 1 $ 152,000 $ 152,000 $ 85,000
SPRINGFIELD, OH 1 $ 67,000 $ 67,000 $ 66,000
ST. CLOUD, MN 1 $ 58,000 $ 58,000 $ 83,000
SUMTER, SC 1 $ 81,000 $ 81,000 $ 108,000
TACOMA, WA 1 $ 350,000 $ 350,000 $ 377,000
TERRE HAUTE, IN 1 $ 105,000 $ 105,000 $ 28,000
TOPEKA, KS 1 $ 29,000 $ 29,000 $ 62,000
TULSA, OK 1 $ 32,000 $ 32,000 $ 173,000
VISALIA-PORTERVILLE, CA 1 $ 100,000 $ 100,000 $ 100,000
WICHITA, KS 1 $ 139,000 $ 139,000 $ 75,000

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 Pennsylvania, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Sovereign Bank in 2007

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
Refinancing 19,364 $5,246,450,000 $270,000 $50,000,000 $84,000 $5,711,000
Home Purchase 15,847 $4,429,439,000 $279,000 $45,000,000 $79,000 $6,000,000
Home Improvement 8,058 $679,371,000 $84,000 $25,725,000 $82,000 $4,000,000

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 30,936 $5,346,988,000 $172,000 $18,000,000 $87,000 $6,000,000
Not Provided 3,374 $567,039,000 $168,000 $6,080,000 $91,000 $3,574,000
Hispanic 3,291 $452,844,000 $137,000 $1,230,000 $60,000 $2,319,000
Black or African American 2,860 $388,616,000 $135,000 $3,308,000 $60,000 $3,687,000
Asian 1,604 $354,509,000 $221,000 $11,600,000 $88,000 $1,560,000
Not applicable 931 $3,198,872,000 $3,435,000 $50,000,000 $0 $216,000
American Indian or Alaskan Native 152 $28,458,000 $187,000 $840,000 $87,000 $576,000
Native Hawaiian or Other Pacific Islander 121 $17,934,000 $148,000 $692,000 $80,000 $969,000

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) 42,391 $10,218,745,000 $241,000 $50,000,000 $82,000 $6,000,000
FHA-insured (Federal Housing Administration) 836 $128,351,000 $153,000 $502,000 $53,000 $222,000
VA-guaranteed (Veterans Administration) 42 $8,164,000 $194,000 $345,000 $60,000 $111,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 28,690 $6,855,841,000 $238,000 $45,000,000 $84,000 $6,000,000
Application Denied By Financial Institution 7,411 $1,402,797,000 $189,000 $35,000,000 $68,000 $2,424,000
Application Approved But Not Accepted 3,373 $878,422,000 $260,000 $20,000,000 $91,000 $5,000,000
Application Withdrawn By Applicant 2,194 $904,959,000 $412,000 $50,000,000 $85,000 $3,687,000
Loan Purchased By The Institution 1,389 $281,773,000 $202,000 $1,100,000 $75,000 $1,070,000
Preapproval Denied by Financial Institution 209 $30,646,000 $146,000 $1,327,000 $43,000 $240,000
File Closed For Incompleteness 2 $635,000 $317,000 $400,000 $37,000 $75,000
Preapproval Approved but not Accepted 1 $187,000 $187,000 $187,000 $42,000 $42,000

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
Credit History 2,680 $349,701,000 $130,000 $10,000,000 $68,000 $2,319,000
Debt-To-Income Ratio 1,731 $236,670,000 $136,000 $2,240,000 $56,000 $696,000
Collateral 1,387 $300,260,000 $216,000 $18,000,000 $86,000 $1,027,000
Other 839 $369,538,000 $440,000 $35,000,000 $70,000 $2,424,000
Unverifiable Information 431 $82,092,000 $190,000 $7,000,000 $49,000 $575,000
Mortgage Insurance Denied 354 $38,104,000 $107,000 $730,000 $82,000 $1,007,000
Credit Application Incomplete 112 $43,295,000 $386,000 $18,000,000 $58,000 $252,000
Employment History 59 $9,376,000 $158,000 $504,000 $40,000 $225,000
Insufficient Cash (Downpayment, Closing Cost) 27 $4,407,000 $163,000 $565,000 $49,000 $113,000

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 PA, 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 Pennsylvania, and search similar information at your convenience.

Download the Pennsylvania Lender List