Franklin County ME
Mortgage Loan Application
Totals and Details
for 2023

Find mortgage statistics and lending data for the Franklin County ME metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2023.
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 Franklin 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 2023  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 868
Total Mortgage Loan Application Amount $187,810,000
Average Mortgage Loan Application Amount $216,000
Highest Mortgage Loan Application Amount $2,035,000
Average Applicant Income $149,000
Highest Applicant Income $2,318,000

Mortgage Company List for Lending in Franklin County ME for 2023

* 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
BANGOR SAVINGS BANK
19 MAINE AVENUE
BANGOR, ME 04401
* $ 7,377,141,000 112 $ 21,660,000
SKOWHEGAN SAVINGS BANK
13 ELM ST
SKOWHEGAN, ME 04976
* $ 774,373,000 64 $ 18,480,000
UNIVERSITY CREDIT UNION
15 MAIN STREET
AUGUSTA, ME 04473
* $ 459,586,000 37 $ 3,435,000
GUILD MORTGAGE COMPANY LLC
5898 COPLEY DRIVE
GLENDALE, CA 92111
* $ -1,000 35 $ 8,135,000
KENNEBEC SAVINGS BANK
150 STATE ST
AUGUSTA, ME 04332
* $ 1,640,422,000 25 $ 4,655,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
SAINT LOUIS, MO 65203
* $ -1,000 21 $ 4,535,000
UNITED WHOLESALE MORTGAGE, LLC
1414 EAST MAPLE ROAD
PLYMOUTH, MI 48083
* $ -1,000 19 $ 4,135,000
THE CAMDEN NATIONAL BANK
2 ELM STREET
CAMDEN, ME 04856
* $ 5,662,457,000 19 $ 4,485,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
PEACHTREE CORNER, GA 30305
* $ -1,000 18 $ 3,810,000
TD BANK, NATIONAL ASSOCIATION
2035 LIMESTONE ROAD
WILMINGTON, DE 19808
* $ 386,799,237,000 17 $ 3,075,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WILMINGTON, DE 91361
* $ -1,000 17 $ 3,165,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SACRAMENTO, CA 94583
* $ -1,000 15 $ 3,535,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
MT LAUREL, NJ 46037
* $ -1,000 15 $ 4,265,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
WILMINGTON, DE 19462
* $ -1,000 15 $ 3,095,000
DISCOVER BANK
12 READS WAY
GREENWOOD, DE 19720
* $ 129,461,046,000 13 $ 1,085,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
WILMINGTON, DE 37902
* $ -1,000 13 $ 1,175,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
CHARLOTTE, NC 91361
* $ 2,418,508,000,000 13 $ 2,085,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
AUSTIN, TX 53718
* $ -1,000 12 $ 2,760,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 187,590,465,000 11 $ 1,585,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
DOVER, DE 92610
* $ -1,000 10 $ 1,340,000
ANDROSCOGGIN SAVINGS BANK
30 LISBON STREET
LEWISTON, ME 04240
* $ 1,450,036,000 9 $ 4,345,000
NORWAY SAVINGS BANK
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ 1,795,136,000 8 $ 2,250,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 8 $ 1,370,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
WILMINGTON, DE 06540
* $ -1,000 8 $ 1,440,000
BATH SAVINGS INSTITUTION
105 FRONT STREET
BATH, ME 04530
* $ 1,276,951,000 7 $ 2,735,000
TOTAL MORTGAGE SERVICES, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ -1,000 7 $ 1,185,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
DOVER, DE 20759
* $ -1,000 7 $ 2,145,000
NEW AMERICAN FUNDING, LLC
14511 MYFORD ROAD, SUITE 100
DOVER, DE 92780
* $ -1,000 7 $ 1,105,000
GORHAM SAVINGS BANK
10 WENTWORTH DRIVE
GORHAM, ME 04038
* $ 1,607,984,000 7 $ 2,855,000
TOWN & COUNTRY FEDERAL CREDIT UNION
557 MAIN STREET P.O. BOX 9420
SCARBOROUGH, ME 04116
* $ 520,741,000 7 $ 565,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 7 $ 985,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WILMINGTON, DE 91367
* $ -1,000 7 $ 1,545,000
FIRST NATIONAL BANK
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ 2,704,047,000 6 $ 1,690,000
T2 FINANCIAL LLC
480 OLDE WORTHINGTON RD SUITE 300
CINCINNATI, OH 43082
* $ -1,000 6 $ 1,000,000
INTEGRITY MORTGAGE LLC
2320 CONGRESS ST SUITE D
PORTLAND, ME 04102
* $ -1,000 6 $ 1,230,000
COASTAL COMMUNITY BANK
PO BOX 12220
EVERETT, WA 98206
* $ 3,141,703,000 6 $ 250,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
SIOUX FALLS, SD 27150
* $ 1,717,531,000,000 6 $ 940,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MOUNT LAUREL, NJ 08054
* $ -1,000 6 $ 990,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 6 $ 1,460,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
WILMINGTON, DE 75019
* $ -1,000 5 $ 1,375,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 5 $ 1,535,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 5 $ 2,315,000
LEADERONE FINANCIAL CORPORATION
7500 COLLEGE BLVD SUITE 1150
TOPEKA, KS 66210
* $ -1,000 5 $ 1,365,000
BAR HARBOR BANK & TRUST
82 MAIN STREET
BAR HARBOR, ME 04609
* $ 3,906,943,000 5 $ 3,215,000
DIRIGO FEDERAL CREDIT UNION
391 MAIN STREET
LEWISTON, ME 04243
* $ 384,429,000 5 $ 925,000
EMPEOPLE CREDIT UNION
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,991,835,000 4 $ 1,180,000
NORTHEAST CREDIT UNION
100 BORTHWICK AVE.
PORTSMOUTH, NH 03801
* $ 1,893,645,000 4 $ 1,170,000
FIGURE LENDING LLC
15720 BRIXHAM HILL AVE, SUITE 300
WILMINGTON, DE 28277
* $ -1,000 4 $ 380,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
WILMINGTON, DE 60613
* $ -1,000 4 $ 1,380,000
MAINE SAVINGS FEDERAL CREDIT UNION
PO BOX 347
HAMPDEN, ME 04444
* $ 639,460,000 4 $ 970,000
HARBORONE MORTGAGE, LLC
1045 ELM ST SUITE 601
BOSTON, MA 03101
* $ -1,000 4 $ 1,090,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 200,262,969,000 4 $ 910,000
MUTUAL OF OMAHA MORTGAGE, INC.
3131 CAMINO DEL RIO N 190
WILMINGTON, DE 92108
* $ -1,000 3 $ 1,185,000
AUBURN SAVINGS BANK, FSB
256 COURT ST. PO BOX 3157
AUBURN, ME 04210
* $ 101,567,000 3 $ 445,000
EMM LOANS LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08002
* $ -1,000 3 $ 725,000
POLARIS HOME FUNDING CORP.
151 44TH ST. SW
ENGLEWOOD, FL 49418
* $ -1,000 3 $ 585,000
MAINE COMMUNITY BANK
254 MAIN STREET
BIDDEFORD, ME 04005
* $ 1,004,289,000 3 $ 365,000
CROSSCOUNTRY MORTGAGE, LLC
6850 MILLER RD
WILMINGTON, DE 44141
* $ -1,000 3 $ 665,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
MCLEAN, VA 22102
* $ 35,526,360,000 3 $ 135,000
ROCKLAND TRUST COMPANY
120 LIBERTY STREET
ROCKLAND, MA 02302
* $ 19,296,982,000 3 $ 585,000
MACHIAS SAVINGS BANK
4 CENTER STREET
MACHIAS, ME 04654
* $ 2,360,784,000 3 $ 475,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 3 $ 475,000
DAS ACQUISITION COMPANY, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 2 $ 350,000
NORTHPOINT MORTGAGE, INC.
204 TURNPIKE ROAD
STURBRIDGE, MA 01581
* $ -1,000 2 $ 570,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 2 $ 300,000
MORTGAGE EQUITY PARTNERS LLC
220 BROADWAY SUITE 205
BOSTON, MA 01940
* $ -1,000 2 $ 390,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
WICHITA, KS 66211
* $ -1,000 2 $ 380,000
MEGASTAR FINANCIAL CORP.
1080 CHEROKEE STREET
DENVER, CO 80205
* $ -1,000 2 $ 220,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
WILMINGTON, DE 29707
* $ -1,000 2 $ 880,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 370,000
RUOFF MORTGAGE COMPANY, INC.
1700 MAGNAVOX WAY SUITE 220
INDIANAPOLIS, IN 46804
* $ -1,000 2 $ 180,000
CHARLES SCHWAB BANK, SSB
2360 CORPORATE CIRCLE
WESTLAKE, TX 89074
* $ 348,731,000,000 2 $ 790,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
WILMINGTON, DE 15222
* $ 552,307,127,000 2 $ 470,000
TRUIST BANK
3100 SMOKETREE CT FL 5
CHARLOTTE, NC 27604
* $ 546,228,000,000 2 $ 510,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 2 $ 480,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 2 $ 890,000
LEADER BANK, NATIONAL ASSOCIATION
141 MASSACHUSETTS AVENUE
ARLINGTON, MA 02474
* $ 3,907,360,000 2 $ 950,000
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION
2000 WESTCHESTER AVE
NEW YORK, NY 10577
* $ 209,664,000,000 2 $ 860,000
FLAGSTAR BANK, N.A.
5151 CORPORATE DRIVE
HICKSVILLE, NY 48098
* $ 90,036,656,000 2 $ 420,000
SERVICE FEDERAL CREDIT UNION
3003 LAFAYETTE ROAD
PORTSMOUTH, NH 03801
* $ 5,172,623,000 2 $ 320,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 2 $ 250,000
CUSO MORTGAGE CORPORATION
101 WESTERN AVENUE
PORTLAND, ME 04444
* $ -1,000 2 $ 250,000
PEOPLESCHOICE CREDIT UNION
23 INDUSTRIAL PARK RD
SACO, ME 04072
* $ 320,519,000 2 $ 320,000
DATA MORTGAGE, INC.
2200 W. ORANGEWOOD AVE SUITE 150
SACRAMENTO, CA 92868
* $ -1,000 2 $ 450,000
ATLANTIC REGIONAL FEDERAL CREDIT UNION
PO BOX 188
SOUTH PORTLAND, ME 04011
* $ 1,048,957,000 2 $ 130,000
EVERGREEN CREDIT UNION
225 RIVERSIDE STREET
PORTLAND, ME 04103
* $ 495,756,000 2 $ 410,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
SACRAMENTO, PA 28273
* $ -1,000 2 $ 300,000
HOME LOAN INVESTMENT BANK, F.S.B.
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 379,838,000 2 $ 320,000
EVERETT FINANCIAL, INC.
14801 QUORUM DRIVE, SUITE 300
AUSTIN, TX 75254
* $ -1,000 2 $ 420,000
SOFI BANK, NATIONAL ASSOCIATION
2750 E COTTONWOOD PKWY STE 300
COTTONWOOD HEIGHTS, UT 84121
* $ 9,123,708,000 2 $ 210,000
NORTHERN MORTGAGE SERVICES, LLC
3714 28TH ST SW
GRAND RAPIDS, MI 49418
* $ -1,000 2 $ 530,000
SIS BANCORP, MHC
900 MAIN ST
SANFORD, ME 04073
* $ -1,000 2 $ 520,000
FIVE COUNTY CREDIT UNION
765 WASHINGTON STREET
BATH, ME 04530
* $ 368,201,000 2 $ 230,000
TRUCHOICE FEDERAL CREDIT UNION
332 CUMMINGS RD
SOUTH PORTLAND, ME 04106
* $ 227,240,000 1 $ 205,000
EQUITY PRIME MORTGAGE LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 175,000
EVOLVE BANK & TRUST
301 SHOPPING WAY BLVD
WEST MEMPHIS, AR 72301
* $ 1,747,013,000 1 $ 245,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 780,976,000 1 $ 205,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
WILMINGTON, DE 33146
* $ -1,000 1 $ 175,000
TOWER FEDERAL CREDIT UNION
7901 SANDY SPRING ROAD
LAUREL, MD 20707
* $ 4,087,397,000 1 $ 35,000
SACO VALLEY CREDIT UNION
312 MAIN ST
SACO, ME 04072
* $ 167,112,000 1 $ 175,000
AMWEST FUNDING CORP.
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ -1,000 1 $ 105,000
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION
700 TECHNOLOGY SQUARE
LEXINGTON, MA 02139
* $ 732,194,000 1 $ 165,000
UBS BANK USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ 120,987,397,000 1 $ 685,000
MAINE STATE CREDIT UNION
200 CAPITOL ST
AUGUSTA, ME 04330
* $ 586,697,000 1 $ 115,000
EASTHAMPTON SAVINGS BANK
36 MAIN STREET
EASTHAMPTON, MA 01027
* $ 1,738,869,000 1 $ 165,000
UNITED NATIONS FEDERAL CREDIT UNION
24-01 44TH ROAD 7TH FLOOR
NEW YORK, NY 11101
* $ 7,971,719,000 1 $ 215,000
FIRST IC CORPORATION
5593 BUFORD HIGHWAY
DORAVILLE, GA 30340
* $ 1,028,049,000 1 $ 175,000
CONNEXUS CREDIT UNION
2600 PINE RIDGE
WAUSAU, WI 54401
* $ 5,264,106,000 1 $ 315,000
GUARANTEED RATE AFFINITY, LLC
1800 WEST LARCHMONT AVE
WILMINGTON, DE 60613
* $ -1,000 1 $ 175,000
AMERICAN HERITAGE LENDING, LLC
485 E 17TH ST #220
NEWARK, DE 92627
* $ -1,000 1 $ 155,000
SPRING EQ, LLC
2929 ARCH ST
WILMINGTON, DE 19104
* $ -1,000 1 $ 175,000
CPORT
PO BOX 777
PORTLAND, ME 04104
* $ 415,929,000 1 $ 15,000
PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC.
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 365,000
ADVISORS MORTGAGE GROUP, L.L.C.
1411 HIGHWAY 35
OCEAN, NJ 07712
* $ -1,000 1 $ 205,000
NORTHEAST HOME LOAN, LLC
25 MR ARTHUR DRIVE
ST JOHNSBURY, VT 03466
* $ -1,000 1 $ 145,000
NEXBANK
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ 14,304,653,000 1 $ 365,000
CENTRAL ONE FEDERAL CREDIT UNION
714 MAIN ST
SHREWSBURY, MA 01545
* $ 762,143,000 1 $ 75,000
KENNEBUNK SAVINGS BANK
104 MAIN STREET
KENNEBUNK, ME 04043
* $ 1,843,469,000 1 $ 165,000
BETTER MORTGAGE CORPORATION
459 BROADWAY, FLOOR 5
GLENDALE, CA 10013
* $ -1,000 1 $ 225,000
LIMA ONE CAPITAL, LLC
201 E. MCBEE AVE, SUITE 300
ROSWELL, GA 29601
* $ -1,000 1 $ 375,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
SIOUX FALLS, SD 11120
* $ 1,766,752,000,000 1 $ 275,000
SYNERGY ONE LENDING, INC.
3131 CAMINO DEL RIO N UNIT 150
WILMINGTON, DE 92108
* $ -1,000 1 $ 365,000
UNIBANK FOR SAVINGS
49 CHURCH STREET
WHITINSVILLE, MA 01588
* $ 2,501,503,000 1 $ 605,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SACRAMENTO, CA 92121
* $ -1,000 1 $ 115,000
A&D MORTGAGE LLC
1040 S. FEDERAL HWY
HOLLYWOOD, FL 33020
* $ -1,000 1 $ 175,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
DOVER, DE 89052
* $ -1,000 1 $ 285,000
THE LOWELL FIVE CENT SAVINGS BANK
30 INTERNATIONAL PLACE
LOWELL, MA 01876
* $ 1,657,767,000 1 $ 575,000
GOLDMAN SACHS BANK USA
200 WEST STREET
NEW YORK, NY 10282
* $ 485,553,000,000 1 $ 1,005,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
WILMINGTON, DE 92806
* $ -1,000 1 $ 175,000
TOP FLITE FINANCIAL, INC.
123 E GRAND RIVER AVE
PLYMOUTH, MI 48895
* $ -1,000 1 $ 275,000
PROSPERITY HOME MORTGAGE, LLC
14501 GEORGE CARTER WAY SUITE 300
GLEN ALLEN, VA 20151
* $ -1,000 1 $ 175,000
FIRST REPUBLIC BANK
111 PINE STREET
SAN FRANCISCO, CA 94111
* $ 212,638,872,000 1 $ 305,000
CUMBERLAND COUNTY
101 GRAY RD
FALMOUTH, ME 04105
* $ 423,289,000 1 $ 105,000
FARM CREDIT EAST, ACA
240 SOUTH ROAD
ENFIELD, CT 06082
* $ -1,000 1 $ 495,000
MASCOMA BANK
243 SYKES MOUNTAIN AVE BOX 4399
LEBANON, NH 05001
* $ 2,733,504,000 1 $ 725,000
ST. MARY'S BANK CREDIT UNION
48 PERIMETER RD
MANCHESTER, NH 03103
* $ 1,463,739,000 1 $ 95,000
RAYMOND JAMES BANK
710 CARILLON PARKWAY
ST. PETERSBURG, FL 33716
* $ 42,076,662,000 1 $ 375,000
INTERSTATE HOME LOAN CENTER, INC.
40 MARCUS DRIVE SUITE 100
MELVILLE, NY 11710
* $ -1,000 1 $ 105,000
KIND LENDING, LLC
9931 CORPORATE CAMPUS DR, STE 1200
LEXINGTON, KY 40223
* $ -1,000 1 $ 155,000
PARAMOUNT BANK
90 VILLAGE SQUARE SHOPPING CENTER
HAZELWOOD, MO 63072
* $ 94,527,000 1 $ 625,000
AMERICAN EAGLE FINANCIAL CREDIT UNION
417 MAIN STREET
EAST HARTFORD, CT 06118
* $ 2,508,287,000 1 $ 25,000

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 Franklin County ME in 2023

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 504 $126,380,000 $250,000 $1,755,000 $160,000 $1,420,000
Home Improvement 109 $12,215,000 $112,000 $755,000 $147,000 $1,318,000
Cash-out Refinancing 102 $23,430,000 $229,000 $2,035,000 $109,000 $939,000
Other Purpose 84 $12,130,000 $144,000 $1,005,000 $147,000 $1,389,000
Refinancing 68 $13,570,000 $199,000 $935,000 $147,000 $2,318,000
Not Applicable 1 $85,000 $85,000 $85,000 $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 648 $139,950,000 $215,000 $2,035,000 $148,000 $2,318,000
Not Provided 117 $25,225,000 $215,000 $1,755,000 $165,000 $1,420,000
Not applicable 76 $17,850,000 $234,000 $1,205,000 $141,000 $448,000
Hispanic 10 $2,280,000 $228,000 $365,000 $104,000 $254,000
Asian 8 $1,050,000 $131,000 $285,000 $71,000 $138,000
American Indian or Alaskan Native 4 $450,000 $112,000 $205,000 $101,000 $134,000
Black or African American 3 $685,000 $228,000 $305,000 $101,000 $128,000
Native Hawaiian or Other Pacific Islander 1 $175,000 $175,000 $175,000 $221,000 $221,000

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) 656 $142,540,000 $217,000 $2,035,000 $168,000 $2,318,000
FHA-insured (Federal Housing Administration) 116 $22,300,000 $192,000 $565,000 $71,000 $197,000
VA-guaranteed (Veterans Administration) 70 $18,040,000 $257,000 $915,000 $108,000 $939,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 26 $4,930,000 $189,000 $265,000 $71,000 $100,000

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 478 $108,600,000 $227,000 $1,755,000 $165,000 $2,318,000
Application Denied By Financial Institution 153 $25,225,000 $164,000 $755,000 $95,000 $473,000
Application Withdrawn By Applicant 114 $29,890,000 $262,000 $2,035,000 $172,000 $1,130,000
Loan Purchased By The Institution 62 $14,410,000 $232,000 $1,015,000 $188,000 $448,000
File Closed For Incompleteness 38 $5,780,000 $152,000 $455,000 $102,000 $425,000
Application Approved But Not Accepted 22 $3,680,000 $167,000 $575,000 $155,000 $536,000
Preapproval Denied by Financial Institution 1 $225,000 $225,000 $225,000 $51,000 $51,000
Preapproval Approved but not Accepted 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 640 $141,080,000 $220,000 $2,035,000 $150,000 $2,318,000
Debt-To-Income Ratio 131 $32,075,000 $244,000 $1,205,000 $179,000 $1,206,000
Collateral 31 $5,325,000 $171,000 $505,000 $104,000 $319,000
Credit History 23 $2,725,000 $118,000 $605,000 $109,000 $331,000
Credit Application Incomplete 14 $2,020,000 $144,000 $365,000 $67,000 $205,000
Other 13 $2,235,000 $171,000 $325,000 $142,000 $473,000
Insufficient Cash (Downpayment, Closing Cost) 9 $1,395,000 $155,000 $295,000 $103,000 $301,000
Unverifiable Information 6 $720,000 $120,000 $205,000 $82,000 $173,000
Employment History 1 $235,000 $235,000 $235,000 $47,000 $47,000
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