BANKESB

EASTHAMPTON, MA

BANKESB processed 1,588 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,200 loans with a 10.4% denial rate. Home Purchase was the primary loan purpose. Based in EASTHAMPTON, MA. The approval rate of 75.6% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. BANKESB processed 1,588 HMDA-reported mortgage applications in 2024, originating 1,200 loans and denying 165 for a denial rate of 10.4% (applicants themselves withdrew 163 files before a decision). The average loan amount was $299,301 at a 6.444% average note rate, and applicants self-reported an average income of $36,000. The lender reports under LEI 549300N38Q5YKSSV1106 from EASTHAMPTON, MA.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. BANKESB's 75.6% origination rate tells you how often an application turned into funded money; the 10.4% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,548 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

1,588
Applications
1,200
Originated
10.4%
Denial Rate
$299,301
Avg Loan Amount
Avg Interest Rate: 6.444% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,548 1,178 155 $295,220
FHA 36 18 10 $449,444
VA 4 4 0 $527,500

Top loan types — BANKESB

Top loan types — BANKESB Horizontal bar chart of the top 3 items by value (applications). Top loan types — BANKESB Top 3 1. Conventional 1,548 2. FHA 36 3. VA 4 Top 5 loan types by application volume at BANKESB (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for BANKESB (LEI: 549300N38Q5YKSSV1106) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
107
Credit history
44
Collateral
38
Other
23
Insufficient cash
7
Employment history
5
Unverifiable information
2
Mortgage insurance denied
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 728 585 $461,319
Home Improvement 306 251 $127,516
Other 278 176 $130,468
Refinancing 242 169 $200,992
Cash-out Refinancing 34 19 $456,471

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 1,173 77.0% 9.4%
Asian 91 80.2% 6.6%
Black or African American 72 66.7% 18.1%
Joint 26 69.2% 15.4%
American Indian or Alaska Native 4 50.0% 50.0%
2 or more minority races 3 33.3% 33.3%
Native Hawaiian or Other Pacific Islander 3 33.3% 33.3%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 1,262 77.0% 9.4%
Hispanic or Latino 58 51.7% 29.3%
Joint 20 85.0% 0.0%

Nearby Lenders in MA

Other HMDA-reporting lenders in MA with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did BANKESB process?
BANKESB processed 1,588 mortgage applications in the 2023 HMDA reporting year. Of these, 1,200 were originated (approved and funded), 163 were withdrawn by the applicant, and 165 were denied.
What is BANKESB's mortgage approval rate?
BANKESB has an approval (origination) rate of 75.6%, meaning 75.6% of all applications resulted in a funded mortgage. The denial rate is 10.4%.
What is the average loan amount at BANKESB?
The average mortgage loan amount at BANKESB is $299,301. The average interest rate is 6.444%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at BANKESB?
The most common reasons for mortgage denial at BANKESB are: Debt-to-income ratio, Credit history, Collateral. In total, 165 applications were denied out of 1,588 total applications.
What types of mortgage loans does BANKESB offer?
BANKESB processes Conventional, FHA, VA loans. The most common type is Conventional with 1,548 applications and an average loan amount of $295,220.
What loan purposes does BANKESB serve?
BANKESB serves the following loan purposes: Home Purchase (728 applications), Home Improvement (306 applications), Other (278 applications), Refinancing (242 applications), Cash-out Refinancing (34 applications). Home Purchase is the most common purpose.
Where is BANKESB located?
BANKESB is headquartered in EASTHAMPTON, MA. The lender is identified by LEI 549300N38Q5YKSSV1106 in HMDA data.
How does BANKESB compare in lending across racial demographics?
BANKESB reports demographic lending data under HMDA requirements. White applicants have an approval rate of 77.0% and denial rate of 9.4%; Asian applicants have an approval rate of 80.2% and denial rate of 6.6%; Black or African American applicants have an approval rate of 66.7% and denial rate of 18.1%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.