Somerset County ME
Mortgage Loan Application
Totals and Details
for 2009

Find mortgage statistics and lending data for the Somerset 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 Somerset 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 2,328
Total Mortgage Loan Application Amount $243,203,000
Average Mortgage Loan Application Amount $104,000
Highest Mortgage Loan Application Amount $630,000
Average Applicant Income $55,000
Highest Applicant Income $632,000

Mortgage Company List for Lending in Somerset County ME for 2009

* 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
SKOWHEGAN SAVINGS BANK
13 ELM ST
SKOWHEGAN, ME 04976
* $ 438,929,000 344 $ 31,603,000
BANGOR SAVINGS BANK
19 MAINE AVENUE
BANGOR, ME 04401
* $ 2,302,065,000 212 $ 18,625,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,471,631,047,000 162 $ 20,689,000
THE CAMDEN NATIONAL BANK
2 ELM STREET
CAMDEN, ME 04856
* $ 2,322,457,000 136 $ 9,613,000
TD BANK N.A.
70 GRAY ROAD
FALMOUTH, ME 04105
* $ 101,632,075,000 102 $ 7,998,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,746,242,000,000 96 $ 11,202,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 538,958,000,000 92 $ 10,738,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 91 $ 9,764,000
SEBASTICOOK VALLEY FEDERAL CREDIT UNION
PO BOX 10
PITTSFIELD, ME 04967
* $ 55,880,000 73 $ 4,246,000
RESIDENTIAL MORTGAGE SERVICES, INC.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ 10,000,000 66 $ 7,778,000
SAVINGS BANK OF MAINE
PO BOX 190
GARDINER, ME 04345
* $ 974,637,000 51 $ 6,199,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,227,040,000,000 50 $ 4,603,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 44 $ 5,796,000
METLIFE BANK, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 10,273,647,000 41 $ 4,329,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 32,882,574,000 40 $ 5,505,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 39 $ 2,236,000
PEOPLE'S UNITED BANK
850 MAIN STREET
BRIDGEPORT, CT 06604
* $ 19,259,550,000 37 $ 3,636,000
CUSO MORTGAGE CORPORATION
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ 10,000,000 33 $ 3,602,000
KEYBANK NATIONAL ASSOCIATION
100 PUBLIC SQUARE STE 600 OH-01-10-06006
CLEVELAND, OH 44113
* $ 101,868,610,000 28 $ 2,536,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 261,775,591,000 24 $ 3,045,000
BENEFICIAL COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 24 $ 1,825,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 24 $ 2,804,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 23 $ 3,257,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 23 $ 3,194,000
BORDER TRUST COMPANY
227 WATER STREET
AUGUSTA, ME 04330
* $ 90,977,000 23 $ 1,844,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 117,978,966,000 21 $ 2,430,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 20 $ 3,260,000
NORTHEAST BANK
500 CANAL ST
LEWISTON, ME 04240
* $ 616,325,000 16 $ 1,777,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 15 $ 1,705,000
MAINE HIGHLANDS FEDERAL CREDIT UNION
PO BOX 233
DEXTER, ME 04930
* $ 59,383,000 14 $ 1,142,000
DOVER MORTGAGE COMPANY
711 E. MOREHEAD ST
CHARLOTTE, NC 28202
* $ 1,817,511,000 13 $ 1,410,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 32,584,979,000 12 $ 1,522,000
SIDUS FINANCIAL, LLC
1905 TURNBURY DRIVE
GREENVILLE, NC 27858
* $ 10,000,000 12 $ 1,208,000
MECHANICS SAVINGS BANK
100 MINOT AVENUE
AUBURN, ME 04210
* $ 271,553,000 10 $ 844,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 14,157,838,000 9 $ 1,307,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 21,270,147,000 9 $ 802,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 36,351,625,000 9 $ 802,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 9 $ 982,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 9 $ 1,647,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 9 $ 1,052,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 8 $ 1,056,000
MERRIMACK MORTGAGE COMPANY, IN
1045 ELM STREET, SUITE 601
MANCHESTER, NH 03101
* $ 10,000,000 7 $ 1,062,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 7 $ 1,054,000
MIDFIRST BANK
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 14,649,039,000 7 $ 590,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 6 $ 631,000
MAINE SAVINGS FEDERAL CREDIT UNION
PO BOX 347
HAMPDEN, ME 04444
* $ 191,917,000 6 $ 1,245,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 5 $ 751,000
CUMBERLAND COUNTY
101 GRAY RD
FALMOUTH, ME 04105
* $ 102,041,000 5 $ 398,000
ADMIRALS BANK FORMER DOMESTIC
815 RESERVOIR AVE
CRANSTON, RI 02910
* $ 248,819,000 5 $ 84,000
SOVEREIGN BANK
1130 BERKSHIRE BOULEVARD
WYOMISSING, PA 19610
* $ 77,029,703,000 5 $ 938,000
BATH SAVINGS INSTITUTION
105 FRONT STREET
BATH, ME 04530
* $ 495,876,000 5 $ 541,000
NORWAY SAVINGS BANK
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ 901,546,000 5 $ 266,000
M&T BANK
1 M&T PLAZA -15TH FLOOR
BUFFALO, NY 14203
* $ 64,824,244,000 5 $ 1,104,000
HSBC MORTGAGE CORP
2929 WALDEN AVE
DEPEW, NY 14043
* $ 92,958,000 5 $ 504,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,098,787,000 4 $ 417,000
MERRILL LYNCH CREDIT CORP
4500 PARK GRANADA CA7-910-01-24
CALABASAS, CA 91302
* $ 2,223,299,000 4 $ 1,158,000
CAPITAL ONE NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 115,142,306,000 4 $ 51,000
EVERHOME MORTGAGE COMPANY
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 3,027,261,000 4 $ 473,000
EVERBANK
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 7,047,356,000 4 $ 473,000
ONEWEST BANK, FSB
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 36,000,000,000 4 $ 333,000
PLAZA HOME MORTGAGE, INC
5090 SHOREHAM PLACE, SUITE #206
SAN DIEGO, CA 92122
* $ 10,000,000 4 $ 557,000
MLD MORTGAGE INC.
30B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ 10,000,000 4 $ 574,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 4 $ 518,000
SHORE MORTGAGE
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 4 $ 708,000
SECURITY ATLANTIC WHOLESALE
499 THORNALL ST, SUITE 220
EDISON, NJ 08837
* $ 10,000,000 4 $ 785,000
LAND/HOME FINANCIAL SERVICES
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ 10,000,000 3 $ 351,000
NATIONWIDE ADVANTAGE MORTGAGE
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 3 $ 270,000
LSI MORTGAGE PLUS
6470 E JOHNS CROSSING STE 400
DULUTH, GA 30097
* $ 1,704,000 3 $ 319,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 3 $ 632,000
MORTGAGE RESEARCH CENTER, LLC
2101 CHAPEL PLAZA COURT SUITE 107
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 369,000
FIVE COUNTY
765 WASHINGTON STREET
BATH, ME 04530
* $ 162,791,000 3 $ 262,000
GORHAM SAVINGS BANK
10 WENTWORTH DRIVE
GORHAM, ME 04038
* $ 835,820,000 3 $ 211,000
KENNEBUNK SAVINGS BANK
104 MAIN STREET
KENNEBUNK, ME 04043
* $ 806,046,000 2 $ 318,000
EQUIFIRST CORPORATION
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 279,777,049,000 2 $ 300,000
FIRST TENNESSEE BANK NA
165 MADISON 5TH FLOOR
MEMPHIS, TN 38103
* $ 30,786,926,000 2 $ 136,000
FIRST EASTERN MORTGAGE CORP
100 BRICKSTONE SQUARE
ANDOVER, MA 01810
* $ 71,936,000 2 $ 262,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 16,669,297,000 2 $ 177,000
ANDROSCOGGIN SAVINGS BANK
30 LISBON STREET
LEWISTON, ME 04240
* $ 641,088,000 2 $ 301,000
LENDUS, LLC
3236 STONE VALLEY ROAD W
ALAMO, CA 94507
* $ 10,000,000 2 $ 205,000
MORTGAGE NETWORK, INC.
99 CONIFER HILL DR
DANVERS, MA 01923
* $ 3,700,000 2 $ 394,000
PRIMARY RESIDENTIAL MORTGAGE
4750 W WILEY POST WAY SUITE 200
SALT LAKE CITY, UT 84116
* $ 10,000,000 2 $ 214,000
AVELO MORTGAGE, L.L.C
250 EAST JOHN CARPENTER FREEWAY
IRVING, TX 75062
* $ 10,000,000 2 $ 114,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 2 $ 509,000
MEGASTAR FINANCIAL
1080 CHEROKEE ST
DENVER, CO 80204
* $ 10,000,000 2 $ 226,000
PREMIUM CAPITAL FUNDING LLC
125 JERICHO TPKE
JERICHO, NY 11753
* $ 10,000,000 2 $ 276,000
SIRVA MORTGAGE, INC.
6200 OAK TREE BLVD STE 300
INDEPENDENCE, OH 44131
* $ 101,315,000 2 $ 189,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 2 $ 303,000
NATIONWIDE MORTGAGE CONCEPTS,
40380 DESERT CREEK LANE
RANCHO MIRAGE, CA 92270
* $ 10,000,000 2 $ 368,000
ALLIED HOME MORTGAGE CORP.
6110 PINEMONT DR., STE. 220
HOUSTON, TX 77092
* $ 10,000,000 2 $ 267,000
NE MOVES MORTGAGE, LLC
52 SECOND AVENUE, 3RD FLOOR
WALTHAM, MA 02451
* $ 10,000,000 1 $ 95,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 112,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
DRAPER, UT 84020
* $ 10,000,000 1 $ 138,000
MORTGAGE MASTER, INC.
102 ELM STREET
WALPOLE, MA 02081
* $ 11,250,346,000 1 $ 157,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 134,000
MID-ISLAND MORTGAGE CORP.
900 MERCHANTS CONCOURSE, SUITE #112
WESTBURY, NY 11554
* $ 10,000,000 1 $ 163,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 1 $ 156,000
WILMINGTON FINANCE, INC.
620 W GERMANTOWN RD
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 1 $ 161,000
CONTINENTAL HOME LOANS INC.
175 PINELAWN ROAD, SUITE 303
MELVILLE, NY 11747
* $ 14,386,000 1 $ 150,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 130,000
PROSPECT MORTGAGE, LLC
15301 VENTURA BLVD. SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 1 $ 132,000
RELIANT MORTGAGE COMPANY, LLC
100 CUMMINGS CENTER, SUITE 303 C
BEVERLY, MA 01915
* $ 10,000,000 1 $ 157,000
DOWN EAST CREDIT UNION
23 THIRD AVE
BAILEYVILLE, ME 04694
* $ 80,930,000 1 $ 70,000
YORK COUNTY FEDERAL CREDIT UNION
1516 MAIN STREET
SANFORD, ME 04073
* $ 168,514,000 1 $ 50,000
BANGOR FEDERAL CREDIT UNION
339 HOGAN ROAD
BANGOR, ME 04401
* $ 94,223,000 1 $ 39,000
DIRIGO FEDERAL CREDIT UNION
391 MAIN STREET
LEWISTON, ME 04243
* $ 135,078,000 1 $ 31,000
USALLIANCE FEDERAL CREDIT UNION
411 THEODORE FREMD AVE, SUITE 350
RYE, NY 10580
* $ 702,858,000 1 $ 130,000
DIGITAL FEDERAL CREDIT UNION
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ 4,494,575,000 1 $ 200,000
RTN FEDERAL CREDIT UNION
600 MAIN STREET
WALTHAM, MA 02452
* $ 568,173,000 1 $ 130,000
CPORT
PO BOX 777
PORTLAND, ME 04104
* $ 118,672,000 1 $ 92,000
GREENWOOD
2669 POST ROAD
WARWICK, RI 02889
* $ 255,334,000 1 $ 50,000
1ST CONSTITUTION BANK
1246 S. RIVER RD
CRANBURY, NJ 08512
* $ 545,140,000 1 $ 403,000
SALEM FIVE MORTGAGE COMPANY, LLC
210 ESSEX STREET
SALEM, MA 01970
* $ 642,980,000 1 $ 101,000
HOMCASTLE MORTGAGE, LLC
50 APPLIED CARD WAY
GLEN MILLS, PA 19342
* $ 10,000,000 1 $ 125,000
HOME SAVINGS OF AMERICA
35 E BROADWAY
LITTLE FALLS, MN 56345
* $ 427,899,000 1 $ 268,000
FIRST FEDERAL SAVINGS AND LOAN
125 FRONT STREET
BATH, ME 04530
* $ 107,202,000 1 $ 40,000
AURORA BANK FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 6,513,521,000 1 $ 212,000
COLONIAL SAVINGS, F. A.
P. O. BOX 2988
FORT WORTH, TX 76113
* $ 941,902,000 1 $ 228,000
HOME LOAN INVESTMENT BANK
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 242,361,000 1 $ 462,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 82,416,721,000 1 $ 136,000
SHELTER MORTGAGE COMPANY, LLC
4000 W BROWN DEER ROAD
BROWN DEER, WI 53209
* $ 12,000,000 1 $ 188,000
FINANCIAL FREEDOM ACQUISITION
1 BANTING
IRVINE, CA 92618
* $ 36,000,000,000 1 $ 48,000
PENTAGON FEDERAL CREDIT UNION
14300 SULLYFIELD CIRCLE
CHANTILLY, VA 20151
* $ 12,942,945,000 1 $ 91,000
ATLANTIC REGIONAL FEDERAL CREDIT UNION
PO BOX 188
BRUSNWICK, ME 04011
* $ 223,815,000 1 $ 104,000
HANSCOM
25 PORTER ROAD, SUITE 100
LITTLETON, MA 01460
* $ 660,039,000 1 $ 200,000
PNC BANK N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 140,777,455,000 1 $ 115,000
CAPITAL ONE HOME LOANS, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 1 $ 166,000
WEBSTER BANK, N.A.
145 BANK ST
WATERBURY, CT 06702
* $ 17,480,164,000 1 $ 215,000
RBS CITIZENS, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,725,957,000 1 $ 40,000
STERLING NATIONAL MORTGAGE CO.
98 CUTTERMILL RD
GREAT NECK, NY 11021
* $ 964,388,000 1 $ 105,000
DISCOVER BANK
502 EAST MARKET STREET
GREENWOOD, DE 19950
* $ 36,276,270,000 1 $ 25,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 175,104,000 1 $ 120,000
NEW YORK COMMUNITY BANK
1 JERICHO PLAZA
JERICHO, NY 11753
* $ 30,307,736,000 1 $ 89,000
FORWARD NATIONAL COMPANY INC
300 EAST MAIN ST
MILFORD, MA 01757
* $ 336,774,000 1 $ 72,000
ACCESS NATIONAL MORTGAGE CORP
1800 ROBERT FULTON DR, SUITE 350
RESTON, VA 20191
* $ 10,000,000 1 $ 220,000

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 Somerset County ME in 2009

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 1,539 $176,338,000 $114,000 $462,000 $57,000 $632,000
Home Purchase 547 $56,349,000 $103,000 $630,000 $53,000 $352,000
Home Improvement 242 $10,516,000 $43,000 $350,000 $48,000 $493,000

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 1,976 $201,546,000 $101,000 $462,000 $57,000 $632,000
Not Provided 165 $19,365,000 $117,000 $350,000 $58,000 $267,000
Not applicable 147 $17,815,000 $121,000 $630,000 $29,000 $240,000
Hispanic 20 $1,908,000 $95,000 $162,000 $46,000 $137,000
American Indian or Alaskan Native 6 $647,000 $107,000 $212,000 $41,000 $71,000
Black or African American 6 $788,000 $131,000 $255,000 $79,000 $143,000
Asian 4 $568,000 $142,000 $212,000 $78,000 $116,000
Native Hawaiian or Other Pacific Islander 4 $566,000 $141,000 $220,000 $33,000 $87,000

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) 1,667 $163,935,000 $98,000 $630,000 $63,000 $632,000
FHA-insured (Federal Housing Administration) 431 $53,584,000 $124,000 $341,000 $39,000 $180,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 149 $14,374,000 $96,000 $180,000 $28,000 $71,000
VA-guaranteed (Veterans Administration) 81 $11,310,000 $139,000 $320,000 $34,000 $105,000

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 1,149 $114,495,000 $99,000 $630,000 $62,000 $632,000
Application Denied By Financial Institution 535 $53,690,000 $100,000 $462,000 $52,000 $602,000
Loan Purchased By The Institution 319 $38,696,000 $121,000 $380,000 $33,000 $240,000
Application Withdrawn By Applicant 199 $22,943,000 $115,000 $406,000 $60,000 $245,000
Application Approved But Not Accepted 92 $8,928,000 $97,000 $273,000 $56,000 $250,000
File Closed For Incompleteness 34 $4,451,000 $130,000 $260,000 $47,000 $144,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 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
Collateral 107 $13,237,000 $123,000 $375,000 $65,000 $251,000
Debt-To-Income Ratio 96 $10,085,000 $105,000 $377,000 $40,000 $147,000
Credit History 87 $5,633,000 $64,000 $462,000 $46,000 $264,000
Other 23 $1,852,000 $80,000 $228,000 $57,000 $185,000
Credit Application Incomplete 15 $1,789,000 $119,000 $204,000 $57,000 $135,000
Unverifiable Information 9 $1,047,000 $116,000 $268,000 $38,000 $103,000
Employment History 6 $336,000 $56,000 $100,000 $35,000 $81,000
Mortgage Insurance Denied 2 $240,000 $120,000 $145,000 $39,000 $47,000
Insufficient Cash (Downpayment, Closing Cost) 1 $65,000 $65,000 $65,000 $65,000 $65,000

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