Kennebec Savings Bank
Mortgage Loan Application
Totals and Details
for 2022

Find mortgage loan statistics, lending data, and loan application totals for Maine.
The mortgage statistics and data below are specific to mortgage loan applications for Kennebec Savings 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 Kennebec Savings Bank
150 State St
Augusta, ME 04332
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  
Total Number of Mortgage Applications 2,271
Total Mortgage Loan Application Amount $445,895,000
Average Mortgage Loan Application Amount $161,400
Highest Mortgage Loan Application Amount $1,905,000
Average Applicant Income $123,200
Highest Applicant Income $3,821,000

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 ME, 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 Kennebec Savings Bank by County in 2022

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Kennebec County Maine 1,272 $ 210,410,000 $ 165,000 $ 121,000
Cumberland County Maine 133 $ 46,075,000 $ 346,000 $ 225,000
Somerset County Maine 110 $ 16,310,000 $ 148,000 $ 99,000
Lincoln County Maine 77 $ 18,105,000 $ 235,000 $ 133,000
Androscoggin County Maine 71 $ 14,475,000 $ 203,000 $ 98,000
Sagadahoc County Maine 55 $ 15,455,000 $ 281,000 $ 136,000
Waldo County Maine 44 $ 8,010,000 $ 182,000 $ 125,000
Franklin County Maine 43 $ 10,545,000 $ 245,000 $ 195,000
Penobscot County Maine 26 $ 4,240,000 $ 163,000 $ 119,000
Knox County Maine 19 $ 3,675,000 $ 193,000 $ 159,000
Oxford County Maine 16 $ 3,200,000 $ 200,000 $ 156,000
Piscataquis County Maine 14 $ 3,220,000 $ 230,000 $ 145,000
York County Maine 11 $ 2,725,000 $ 247,000 $ 131,000
Washington County Maine 10 $ 930,000 $ 93,000 $ 105,000
Hancock County Maine 7 $ 1,375,000 $ 196,000 $ 113,000
Aroostook County Maine 6 $ 520,000 $ 86,000 $ 79,000

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

Mortgage Loan Application Detail Totals for Kennebec Savings Bank 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 1,281 $322,915,000 $252,000 $1,545,000 $127,000 $1,285,000
Home Improvement 388 $29,240,000 $75,000 $1,505,000 $126,000 $3,821,000
Cash-out Refinancing 321 $55,955,000 $174,000 $1,525,000 $117,000 $976,000
Other Purpose 186 $17,690,000 $95,000 $665,000 $126,000 $563,000
Refinancing 95 $20,095,000 $211,000 $1,905,000 $120,000 $591,000
Not Applicable 0 $0 $0 $0 $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 1,770 $338,210,000 $191,000 $1,545,000 $122,000 $1,285,000
Not Provided 380 $76,160,000 $200,000 $1,505,000 $138,000 $3,821,000
Not applicable 52 $16,310,000 $313,000 $1,905,000 $0 $0
American Indian or Alaskan Native 19 $3,105,000 $163,000 $505,000 $96,000 $245,000
Hispanic 15 $1,795,000 $119,000 $305,000 $95,000 $229,000
Black or African American 14 $3,320,000 $237,000 $675,000 $158,000 $559,000
Asian 10 $2,920,000 $292,000 $645,000 $155,000 $471,000
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) 2,271 $445,895,000 $196,000 $1,905,000 $125,000 $3,821,000
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 1,444 $258,390,000 $178,000 $1,905,000 $135,000 $3,821,000
Preapproval Approved but not Accepted 279 $73,155,000 $262,000 $1,005,000 $120,000 $648,000
Application Approved But Not Accepted 216 $48,970,000 $226,000 $805,000 $125,000 $674,000
Application Denied By Financial Institution 173 $30,235,000 $174,000 $1,525,000 $80,000 $649,000
Preapproval Denied by Financial Institution 95 $19,095,000 $201,000 $805,000 $61,000 $194,000
Application Withdrawn By Applicant 43 $11,405,000 $265,000 $1,275,000 $139,000 $624,000
File Closed For Incompleteness 20 $4,410,000 $220,000 $805,000 $196,000 $976,000
Loan Purchased By The Institution 1 $235,000 $235,000 $235,000 $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 2,003 $396,565,000 $197,000 $1,905,000 $132,000 $3,821,000
Credit History 104 $15,430,000 $148,000 $535,000 $70,000 $395,000
Debt-To-Income Ratio 104 $19,170,000 $184,000 $805,000 $56,000 $194,000
Collateral 26 $6,890,000 $265,000 $1,525,000 $162,000 $649,000
Insufficient Cash (Downpayment, Closing Cost) 13 $2,625,000 $201,000 $705,000 $76,000 $188,000
Other 8 $2,160,000 $270,000 $785,000 $101,000 $208,000
Employment History 7 $1,265,000 $180,000 $365,000 $62,000 $87,000
Unverifiable Information 4 $860,000 $215,000 $325,000 $46,000 $64,000
Mortgage Insurance Denied 2 $930,000 $465,000 $595,000 $100,000 $113,000
Credit Application Incomplete 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 ME, 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 Maine, and search similar information at your convenience.

Download the Maine Lender List