Aroostook County ME
Mortgage Loan Application
Totals and Details
for 2020

Find mortgage statistics and lending data for the Aroostook County ME metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2022.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Aroostook County ME, this may help give you an idea of what you might find when you begin your mortgage research. Use the mortgage lender list and statistics below to gain valuable insights.

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 2,229
Total Mortgage Loan Application Amount $272,375,000
Average Mortgage Loan Application Amount $122,000
Highest Mortgage Loan Application Amount $835,000
Average Applicant Income $83,000
Highest Applicant Income $1,163,000

Mortgage Company List for Lending in Aroostook County ME for 2020

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
MACHIAS SAVINGS BANK
4 CENTER STREET
MACHIAS, ME 04654
* $ 1,525,860,000 484 $ 60,630,000
KATAHDIN TRUST COMPANY
11 MAIN STREET / PO BOX 450
PATTEN, ME 04765
* $ 850,692,000 290 $ 34,970,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 143,390,269,000 242 $ 27,720,000
ACADIA FEDERAL CREDIT UNION
9 E MAIN ST
FORT KENT, ME 04743
* $ 223,405,000 135 $ 12,735,000
TD BANK, NATIONAL ASSOCIATION
2035 LIMESTONE ROAD
WILMINGTON, DE 19808
* $ 320,471,996,000 92 $ 8,730,000
BANGOR SAVINGS BANK
19 MAINE AVENUE
BANGOR, ME 04401
* $ 4,733,474,000 91 $ 9,145,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 56 $ 6,800,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 40 $ 7,020,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 40 $ 6,010,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,712,919,000,000 35 $ 3,595,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 31 $ 4,315,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 26 $ 3,410,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 23 $ 2,515,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 22 $ 3,520,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 22 $ 3,160,000
MORTGAGE NETWORK, INC.
99 CONIFER HILL DR
DANVERS, MA 01923
* $ -1,000 21 $ 3,325,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 88,826,789,000 20 $ 3,840,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 112,384,202,000 20 $ 1,170,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 111,986,078,000 17 $ 2,845,000
UNIVERSITY CREDIT UNION
15 MAIN STREET
ORONO, ME 04473
* $ 330,643,000 17 $ 1,815,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 15 $ 2,295,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,852,983,000,000 14 $ 920,000
MAINE SAVINGS FEDERAL CREDIT UNION
PO BOX 347
HAMPDEN, ME 04444
* $ 452,482,000 13 $ 1,405,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 13 $ 1,325,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 11 $ 1,525,000
THE CAMDEN NATIONAL BANK
2 ELM STREET
CAMDEN, ME 04856
* $ 4,410,250,000 11 $ 1,665,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 10 $ 1,240,000
LEADERONE FINANCIAL CORPORATION
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 10 $ 1,250,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 486,004,220,000 9 $ 1,045,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ -1,000 9 $ 1,115,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 8 $ 980,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 165,742,416,000 8 $ 1,000,000
RESIDENTIAL MORTGAGE SERVICES, INC.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ -1,000 8 $ 860,000
CUSO MORTGAGE CORPORATION
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ -1,000 7 $ 1,075,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ -1,000 7 $ 1,225,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 7 $ 895,000
BAR HARBOR BANK & TRUST
82 MAIN STREET
BAR HARBOR, ME 04609
* $ 3,665,517,000 7 $ 675,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 7 $ 975,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
DRAPER, UT 84020
* $ -1,000 6 $ 990,000
FIRST NATIONAL BANK
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ 2,036,932,000 6 $ 960,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 5 $ 775,000
BETTER MORTGAGE CORPORATION
459 BROADWAY, FLOOR 5
NEW YORK, NY 10013
* $ -1,000 5 $ 645,000
NORWICH COMMERCIAL GROUP, INC.
38 SECURITY DRIVE
AVON, CT 06001
* $ -1,000 5 $ 1,025,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,337,646,000,000 5 $ 815,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 5 $ 535,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 2,488,033,000 5 $ 215,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 4 $ 920,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 4 $ 440,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 604,528,000 4 $ 860,000
SPRING EQ, LLC
2929 ARCH ST
PHILADELPHIA, PA 19104
* $ -1,000 4 $ 170,000
RUOFF MORTGAGE COMPANY, INC.
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 4 $ 380,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 4 $ 400,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 24,774,361,000 4 $ 650,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 4 $ 430,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 4 $ 600,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 3 $ 545,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 3 $ 355,000
FARM CREDIT EAST, ACA
240 SOUTH ROAD
ENFIELD, CT 06082
* $ -1,000 3 $ 555,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 3 $ 295,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 3 $ 65,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ -1,000 3 $ 845,000
NORTHEAST CREDIT UNION
100 BORTHWICK AVE.
PORTSMOUTH, NH 03801
* $ 1,544,752,000 3 $ 405,000
CUMBERLAND COUNTY
101 GRAY RD
FALMOUTH, ME 04105
* $ 288,165,000 3 $ 325,000
LOW VA RATES, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 3 $ 465,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 190,000
SERVICE FEDERAL CREDIT UNION
3003 LAFAYETTE ROAD
PORTSMOUTH, NH 03801
* $ 3,815,483,000 2 $ 210,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 2 $ 140,000
ANDROSCOGGIN SAVINGS BANK
30 LISBON STREET
LEWISTON, ME 04240
* $ 1,084,186,000 2 $ 350,000
INFINITY FEDERAL CREDIT UNION
202 LARRABEE ROAD
WESTBROOK, ME 04092
* $ 351,878,000 2 $ 290,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 2 $ 240,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 2 $ 470,000
DOWN EAST CREDIT UNION
23 THIRD AVE
BAILEYVILLE, ME 04694
* $ 203,200,000 2 $ 290,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 2 $ 220,000
AIR ACADEMY
9810 N UNION BLVD
COLORADO SPRINGS, CO 80924
* $ 639,296,000 2 $ 250,000
DAS ACQUISITION COMPANY, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 2 $ 190,000
SKOWHEGAN SAVINGS BANK
13 ELM ST
SKOWHEGAN, ME 04976
* $ 606,333,000 2 $ 230,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 461,256,000,000 2 $ 280,000
REVERSE MORTGAGE FUNDING LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ -1,000 2 $ 360,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 2 $ 260,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 2 $ 200,000
NORWAY SAVINGS BANK
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ 1,237,204,000 1 $ 75,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 1 $ 95,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 1 $ 105,000
LENDINGONE, LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 35,000
PARTNERS BANK OF NEW ENGLAND
900 MAIN ST
SANFORD, ME 04073
* $ 618,622,000 1 $ 185,000
NBKC BANK
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 833,228,000 1 $ 345,000
FORBRIGHT BANK
6701 DEMOCRACY BLVD, SUITE 400
BETHESDA, MD 20817
* $ 1,111,391,000 1 $ 75,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 119,432,105,000 1 $ 195,000
BANGOR FEDERAL CREDIT UNION
339 HOGAN ROAD
BANGOR, ME 04401
* $ 166,930,000 1 $ 205,000
NORTHPOINT MORTGAGE, INC.
204 TURNPIKE ROAD
WESTBOROUGH, MA 01581
* $ -1,000 1 $ 135,000
AUBURN SAVINGS BANK, FSB
256 COURT ST. PO BOX 3157
AUBURN, ME 04210
* $ 84,197,000 1 $ 125,000
ROUNDPOINT MORTGAGE SERVICING CORPORATION
5016 PARKWAY PLAZA BLVD, BLDGS 6 & 8
CHARLOTTE, NC 28219
* $ -1,000 1 $ 115,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 75,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ -1,000 1 $ 155,000
MEGASTAR FINANCIAL CORP.
1080 CHEROKEE STREET
DENVER, CO 80205
* $ -1,000 1 $ 135,000
ATLANTIC REGIONAL FEDERAL CREDIT UNION
PO BOX 188
BRUSNWICK, ME 04011
* $ 748,759,000 1 $ 125,000
FLORIDA CAPITAL BANK, NATIONAL ASSOCIATION
10151 DEERWOOD PARK BLVD. BLDG. 100 #200
JACKSONVILLE, FL 32256
* $ 496,400,000 1 $ 125,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 1 $ 225,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 397,703,264,000 1 $ 25,000
FIGURE LENDING LLC
15720 BRIXHAM HILL AVE, SUITE 300
CHARLOTTE, NC 28277
* $ -1,000 1 $ 65,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 108,739,378,000 1 $ 65,000
FIRST SAVINGS BANK
501 E. LEWIS & CLARK PARKWAY
CLARKSVILLE, IN 47129
* $ 1,289,704,000 1 $ 75,000
HARBORONE MORTGAGE, LLC
1045 ELM ST SUITE 601
MANCHESTER, NH 03101
* $ -1,000 1 $ 75,000
SANTANDER BANK, N.A.
824 NORTH MARKET STREET, SUITE 100
WILMINGTON, DE 19801
* $ 84,670,854,000 1 $ 105,000
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 1 $ 55,000
UNITED SECURITY FINANCIAL CORP
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ -1,000 1 $ 225,000
AMERICAN FINANCIAL NETWORK, INC.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 175,000
SEMPER HOME LOANS, INC.
225 DUPONT DRIVE
PROVIDENCE, RI 02907
* $ -1,000 1 $ 125,000
WILMINGTON SAVINGS FUND SOCIETY, FSB
500 DELAWARE AVENUE
WILMINGTON, DE 19801
* $ 12,223,127,000 1 $ 35,000
KENNEBEC SAVINGS BANK
150 STATE ST
AUGUSTA, ME 04332
* $ -1,000 1 $ 75,000
SERVION, INC.
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 1 $ 215,000
SEABOARD FEDERAL CREDIT UNION
PO BOX G, 177 MAIN STREET
BUCKSPORT, ME 04416
* $ 130,436,000 1 $ 25,000
ALLY BANK
2101, 300 EAST REXFORD RD
CHARLOTTE, NC 28211
* $ 167,492,000,000 1 $ 65,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 185,000
MID-CONTINENT FUNDING, INC.
3401 W BROADWAY BUSINESS PARK CT STE 213
COLUMBIA, MO 65203
* $ -1,000 1 $ 135,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 1 $ 185,000
BAXTER CREDIT UNION
340 N MILWAUKEE AVE
VERNON HILLS, IL 60061
* $ 3,921,403,000 1 $ 205,000
NORTH AMERICAN SAVINGS BANK, F.S.B.
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,503,779,000 1 $ 255,000
FIRST NATIONAL BANK TEXAS
507 N. GRAY ST.
KILLEEN, TX 76541
* $ 2,179,218,000 1 $ 295,000
RADIUS FINANCIAL GROUP INC.
600 LONGWATER DRIVE SUITE 107
NORWELL, MA 02061
* $ -1,000 1 $ 205,000
HANSCOM
25 PORTER ROAD, SUITE 100
LITTLETON, MA 01460
* $ 1,509,707,000 1 $ 65,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,453,998,000,000 1 $ 35,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 1 $ 45,000
TOTAL MORTGAGE SERVICES, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ -1,000 1 $ 115,000
KS STATEBANK
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 2,142,154,000 1 $ 185,000

The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Mortgage Loan Application Detail Totals for Aroostook County ME in 2020

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 1,046 $130,930,000 $125,000 $445,000 $81,000 $892,000
Refinancing 805 $105,515,000 $131,000 $835,000 $88,000 $1,163,000
Cash-out Refinancing 165 $22,715,000 $137,000 $465,000 $79,000 $432,000
Other Purpose 101 $5,725,000 $56,000 $455,000 $89,000 $605,000
Home Improvement 86 $5,140,000 $59,000 $155,000 $77,000 $287,000
Not Applicable 26 $2,350,000 $90,000 $215,000 $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 1,857 $224,915,000 $121,000 $455,000 $83,000 $892,000
Not Provided 223 $28,035,000 $125,000 $465,000 $86,000 $1,163,000
Not applicable 95 $12,375,000 $130,000 $835,000 $58,000 $88,000
Hispanic 27 $3,505,000 $129,000 $335,000 $68,000 $138,000
Black or African American 12 $1,410,000 $117,000 $275,000 $64,000 $89,000
American Indian or Alaskan Native 8 $1,120,000 $140,000 $185,000 $73,000 $167,000
Asian 7 $1,015,000 $145,000 $255,000 $226,000 $563,000
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) 1,620 $192,780,000 $119,000 $835,000 $91,000 $1,163,000
VA-guaranteed (Veterans Administration) 283 $44,955,000 $158,000 $445,000 $68,000 $212,000
FHA-insured (Federal Housing Administration) 165 $18,425,000 $111,000 $285,000 $55,000 $250,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 161 $16,215,000 $100,000 $215,000 $43,000 $90,000

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 1,411 $177,135,000 $125,000 $465,000 $87,000 $1,163,000
Application Denied By Financial Institution 360 $36,770,000 $102,000 $365,000 $68,000 $605,000
Application Withdrawn By Applicant 243 $30,125,000 $123,000 $445,000 $80,000 $563,000
File Closed For Incompleteness 81 $10,315,000 $127,000 $335,000 $85,000 $419,000
Loan Purchased By The Institution 76 $9,590,000 $126,000 $455,000 $110,000 $344,000
Application Approved But Not Accepted 54 $7,880,000 $145,000 $835,000 $103,000 $287,000
Preapproval Approved but not Accepted 2 $200,000 $100,000 $115,000 $63,000 $98,000
Preapproval Denied by Financial Institution 2 $360,000 $180,000 $295,000 $45,000 $71,000

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
Not applicable 1,485 $191,965,000 $129,000 $465,000 $83,000 $1,163,000
Debt-To-Income Ratio 500 $55,580,000 $111,000 $835,000 $90,000 $892,000
Credit History 124 $11,290,000 $91,000 $285,000 $64,000 $250,000
Collateral 56 $6,060,000 $108,000 $365,000 $76,000 $258,000
Credit Application Incomplete 26 $3,450,000 $132,000 $355,000 $89,000 $391,000
Other 21 $1,935,000 $92,000 $175,000 $108,000 $605,000
Employment History 6 $820,000 $136,000 $235,000 $65,000 $205,000
Insufficient Cash (Downpayment, Closing Cost) 6 $700,000 $116,000 $195,000 $37,000 $73,000
Unverifiable Information 5 $575,000 $115,000 $175,000 $71,000 $92,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.

If you prefer, you can download a copy of the entire list of mortgage lenders in Maine, and search similar information back through 2003.

Download the Maine Lender List