Somerset County ME
Mortgage Loan Application
Totals and Details
for 2014
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 | 1,335 |
| Total Mortgage Loan Application Amount | $133,145,000 |
| Average Mortgage Loan Application Amount | $99,000 |
| Highest Mortgage Loan Application Amount | $555,000 |
| Average Applicant Income | $60,000 |
| Highest Applicant Income | $728,000 |
* 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 |
* | $ 497,194,000 | 185 | $ 18,553,000 |
| BANGOR SAVINGS BANK 19 MAINE AVENUE BANGOR, ME 04401 |
* | $ 3,022,776,000 | 123 | $ 9,573,000 |
| THE CAMDEN NATIONAL BANK 2 ELM STREET CAMDEN, ME 04856 |
* | $ 2,577,201,000 | 98 | $ 7,955,000 |
| WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,373,600,000,000 | 64 | $ 7,079,000 |
| TD BANK, NATIONAL ASSOCIATION 2035 LIMESTONE ROAD WILMINGTON, DE 19808 |
* | $ 217,626,166,000 | 55 | $ 4,175,000 |
| RESIDENTIAL MORTGAGE SERVICES, INC. 24 CHRISTOPHER TOPPI DRIVE SOUTH PORTLAND, ME 04106 |
* | $ 10,000,000 | 53 | $ 5,771,000 |
| KEYBANK NATIONAL ASSOCIATION 127 PUBLIC SQUARE CLEVELAND, OH 44114 |
* | $ 90,439,767,000 | 48 | $ 3,833,000 |
| SEBASTICOOK VALLEY FEDERAL CREDIT UNION PO BOX 10 PITTSFIELD, ME 04967 |
* | $ 78,689,000 | 46 | $ 2,390,000 |
| PEOPLE'S UNITED BANK 850 MAIN STREET BRIDGEPORT, CT 06604 |
* | $ 32,973,830,000 | 30 | $ 3,255,000 |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,945,467,000,000 | 30 | $ 3,088,000 |
| RELIANCE FIRST CAPITAL, LLC 201 OLD COUNTRY ROAD SUITE 205 MELVILLE, NY 11747 |
* | $ 100,000,000 | 26 | $ 3,945,000 |
| LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ 138,031,000 | 24 | $ 3,488,000 |
| NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 24 | $ 2,604,000 |
| CUSO MORTGAGE CORPORATION 101 WESTERN AVENUE HAMPDEN, ME 04444 |
* | $ 10,000,000 | 23 | $ 2,212,000 |
| NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 17 | $ 2,495,000 |
| TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 179,126,294,000 | 16 | $ 2,053,000 |
| U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 360,478,278,000 | 16 | $ 1,813,000 |
| USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 62,866,954,000 | 15 | $ 1,781,000 |
| MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ 880,000,000 | 15 | $ 1,931,000 |
| THE BANK OF MAINE 2 CANAL PLAZA PORTLAND, ME 04101 |
* | $ 744,628,000 | 15 | $ 1,818,000 |
| EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 15 | $ 2,024,000 |
| PENNYMAC LOAN SERVICES LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ 39,000,000 | 14 | $ 1,741,000 |
| BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,433,716,000,000 | 13 | $ 1,465,000 |
| LENDUS, LLC 3236 STONE VALLEY ROAD W ALAMO, CA 94507 |
* | $ 10,000,000 | 13 | $ 1,429,000 |
| NORTHEAST BANK 500 CANAL ST LEWISTON, ME 04240 |
* | $ 727,258,000 | 11 | $ 1,068,000 |
| FIVE COUNTY 765 WASHINGTON STREET BATH, ME 04530 |
* | $ 211,222,000 | 11 | $ 1,139,000 |
| PRIMARY RESIDENTIAL MORTGAGE, INC. 1480 N 2200 W SALT LAKE CITY, UT 84116 |
* | $ 242,587,000 | 10 | $ 1,392,000 |
| TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 17,638,918,000 | 10 | $ 1,073,000 |
| MERRIMACK MORTGAGE COMPANY, IN 1045 ELM STREET, SUITE 601 MANCHESTER, NH 03101 |
* | $ 10,000,000 | 9 | $ 1,896,000 |
| NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 55,502,976,000 | 8 | $ 636,000 |
| CMG MORTGAGE, INC. 3160 CROW CANYON ROAD, SUITE 400 SAN RAMON, CA 94583 |
* | $ 100,000,000 | 8 | $ 956,000 |
| MECHANICS SAVINGS BANK 100 MINOT AVENUE AUBURN, ME 04210 |
* | $ 359,243,000 | 7 | $ 558,000 |
| FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 7 | $ 967,000 |
| CITIZENS STATE BANK 13840 W. NEWBERRY RD NEWBERRY, FL 32669 |
* | $ 191,437,000 | 7 | $ 28,000 |
| MAINE HIGHLANDS FEDERAL CREDIT UNION PO BOX 233 DEXTER, ME 04930 |
* | $ 92,276,000 | 7 | $ 608,000 |
| PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SAN DIEGO, CA 92121 |
* | $ 10,000,000 | 6 | $ 474,000 |
| FIRST NATIONAL BANK P.O. BOX 940 DAMARISCOTTA, ME 04543 |
* | $ 1,430,810,000 | 6 | $ 223,000 |
| MACHIAS SAVINGS BANK 4 CENTER STREET MACHIAS, ME 04654 |
* | $ 1,043,424,000 | 6 | $ 778,000 |
| CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,019,497,000,000 | 5 | $ 443,000 |
| SUNTRUST MORTGAGE, INC. 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 171,261,678,000 | 5 | $ 506,000 |
| AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ 10,000,000 | 5 | $ 512,000 |
| DITECH MORTGAGE CORP 1100 VIRGINIA DRIVE, SUITE 100 FT. WASHINGTON, PA 19034 |
* | $ 5,720,000 | 5 | $ 427,000 |
| CITIBANK, NATIONAL ASSOCIATION 1 COURT SQUARE,43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,346,747,000,000 | 5 | $ 435,000 |
| PRIORITY FUNDING LLC 292 MAIN STREET, STE G1 NORTHBORO, MA 01532 |
* | $ 1,486,000 | 5 | $ 205,000 |
| MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 9,596,388,000 | 5 | $ 263,000 |
| NORWAY SAVINGS BANK 261 MAIN STREET, P.O. BOX 347 NORWAY, ME 04268 |
* | $ 971,663,000 | 5 | $ 546,000 |
| 21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ 10,000,000 | 5 | $ 250,000 |
| VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ 11,000,000 | 4 | $ 483,000 |
| AMWEST FUNDING CORP. 6 POINTE DRIVE, SUITE 300 BREA, CA 92821 |
* | $ 10,000,000 | 4 | $ 480,000 |
| CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ 945,758,000 | 4 | $ 589,000 |
| AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 4 | $ 416,000 |
| PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 4 | $ 399,000 |
| MAINE SAVINGS FEDERAL CREDIT UNION PO BOX 347 HAMPDEN, ME 04444 |
* | $ 265,584,000 | 4 | $ 178,000 |
| MORTGAGE NETWORK, INC. 99 CONIFER HILL DR DANVERS, MA 01923 |
* | $ 3,700,000 | 4 | $ 380,000 |
| UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ 10,000,000 | 3 | $ 318,000 |
| HOMEWARD RESIDENTIAL, INC. 16675 ADDISON ROAD ADDISON, TX 75001 |
* | $ 3,809,880,000 | 3 | $ 309,000 |
| DIRIGO FEDERAL CREDIT UNION 391 MAIN STREET LEWISTON, ME 04243 |
* | $ 179,498,000 | 3 | $ 151,000 |
| UNIVERSITY CREDIT UNION 15 MAIN STREET ORONO, ME 04473 |
* | $ 233,670,000 | 3 | $ 170,000 |
| NORWICH COMMERCIAL GROUP, INC. 38 SECURITY DRIVE AVON, CT 06001 |
* | $ 17,789,000 | 3 | $ 633,000 |
| DISCOVER HOME LOANS, INC 173 TECHNOLOGY DRIVE IRVINE, CA 92618 |
* | $ 79,339,664,000 | 3 | $ 261,000 |
| HSBC BANK USA, NATIONAL ASSOCIATION 1800 TYSONS BLVD., SUITE 50 MCLEAN, VA 22102 |
* | $ 179,771,772,000 | 3 | $ 488,000 |
| SUNTRUST BANK P.O. BOX 4418, MAIL CODE 0663 ATLANTA, GA 30302 |
* | $ 171,261,678,000 | 3 | $ 60,000 |
| IFREEDOM DIRECT CORPORATION 124 N. CHARLES LINDBERGH DRIVE SLC, UT 84116 |
* | $ 10,000,000 | 3 | $ 223,000 |
| DIGITAL FEDERAL CREDIT UNION 220 DONALD LYNCH BOULEVARD MARLBOROUGH, MA 01752 |
* | $ 5,253,713,000 | 3 | $ 214,000 |
| INFINITY FEDERAL CREDIT UNION 202 LARRABEE ROAD WESTBROOK, ME 04092 |
* | $ 266,511,000 | 3 | $ 148,000 |
| GREAT PLAINS NATIONAL BANK 5909 NW EXPRESSWAY OKLAHOMA CITY, OK 73132 |
* | $ 539,275,000 | 3 | $ 264,000 |
| SUN WEST MORTGAGE COMPANY, INC. 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ 10,000,000 | 3 | $ 482,000 |
| ANDROSCOGGIN SAVINGS BANK 30 LISBON STREET LEWISTON, ME 04240 |
* | $ 769,015,000 | 3 | $ 235,000 |
| PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ 40,000,000 | 3 | $ 338,000 |
| FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ 10,000,000 | 3 | $ 321,000 |
| LENDERLIVE NETWORK, LLC 710 S ASH GLENDALE, CO 80246 |
* | $ 17,900,000 | 2 | $ 178,000 |
| MAINE COMMUNITY BANK 254 MAIN STREET BIDDEFORD, ME 04005 |
* | $ 355,072,000 | 2 | $ 478,000 |
| KATAHDIN TRUST COMPANY 11 MAIN STREET / PO BOX 450 PATTEN, ME 04765 |
* | $ 644,934,000 | 2 | $ 111,000 |
| ADMIRALS BANK 15 PARK ROW WEST PROVIDENCE, RI 02903 |
* | $ 577,338,000 | 2 | $ 41,000 |
| PEOPLES BANK 4831 W 6TH ST LAWRENCE, KS 66049 |
* | $ 439,528,000 | 2 | $ 240,000 |
| NATIONS LENDING CORPORATION 4 SUMMIT PARK DR STE 200 INDEPENDENCE, OH 44131 |
* | $ 4,410,000 | 2 | $ 333,000 |
| PENTAGON FEDERAL CREDIT UNION 7940 JONES BRANCH DRIVE TYSONS, VA 22102 |
* | $ 16,840,840,000 | 2 | $ 179,000 |
| MANUFACTURERS AND TRADERS TRUST COMPANY 701 SENECA STREET - SUITE 330N BUFFALO, NY 14210 |
* | $ 84,362,333,000 | 2 | $ 297,000 |
| PROSPECT MORTGAGE, LLC 15301 VENTURA BLVD SUITE D300 SHERMAN OAKS, CA 91403 |
* | $ 10,000,000 | 2 | $ 247,000 |
| AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ 100,247,000 | 2 | $ 134,000 |
| 1ST ALLIANCE LENDING, LLC 111 FOUNDERS PLAZA, SUITE 1300 EAST HARTFORD, CT 06108 |
* | $ 3,285,000 | 2 | $ 109,000 |
| STATE FARM BANK, F.S.B. 1 STATE FARM PLAZA E-6 BLOOMINGTON, IL 61710 |
* | $ 15,766,346,000 | 2 | $ 186,000 |
| FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ 10,000,000 | 2 | $ 411,000 |
| CPORT PO BOX 777 PORTLAND, ME 04104 |
* | $ 149,469,000 | 2 | $ 91,000 |
| YORK COUNTY FEDERAL CREDIT UNION 1516 MAIN STREET SANFORD, ME 04073 |
* | $ 200,972,000 | 1 | $ 269,000 |
| TRUCHOICE 332 CUMMINGS RD SOUTH PORTLAND, ME 04106 |
* | $ 88,944,000 | 1 | $ 102,000 |
| LISBON COMMUNITY 325 LISBON ST LISBON, ME 04250 |
* | $ 83,522,000 | 1 | $ 66,000 |
| MAINE FAMILY 555 SABATTUS STREET LEWISTON, ME 04240 |
* | $ 120,626,000 | 1 | $ 24,000 |
| STONEGATE MORTGAGE CORPORATION 9190 PRIORITY WAY WEST DRIVE INDIANAPOLIS, IN 46240 |
* | $ 10,000,000 | 1 | $ 224,000 |
| GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ 10,000,000 | 1 | $ 74,000 |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3701 ARCO CORPORATE DR., SUITE 200 CHARLOTTE, NC 28273 |
* | $ 10,000,000 | 1 | $ 87,000 |
| ONE REVERSE MORTGAGE, LLC 4445 EASTGATE MALL, SUITE 320 SAN DIEGO, CA 92121 |
* | $ 39,000,000 | 1 | $ 58,000 |
| INLAND BANK & TRUST 1900 W STATE ST GENEVA, IL 60134 |
* | $ 1,016,109,000 | 1 | $ 224,000 |
| SCHAEFER MORTGAGE CORPORATION 5 BUTTRICK ROAD LONDONDERRY, NH 03053 |
* | $ 17,252,000 | 1 | $ 170,000 |
| LENOX FINANCIAL MORTGAGE CORPORATION 200 E. SANDPOINTE SUITE 800 SANTA ANA, CA 92707 |
* | $ 39,000,000 | 1 | $ 272,000 |
| DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 62,915,596,000 | 1 | $ 69,000 |
| CAPITAL ONE, NATIONAL ASSOCIATION 7933 PRESTON ROAD PLANO, TX 75024 |
* | $ 238,482,903,000 | 1 | $ 212,000 |
| FLAGSTAR BANK, FSB 5151 CORPORATE DRIVE TROY, MI 48098 |
* | $ 12,648,357,000 | 1 | $ 65,000 |
| SANTANDER BANK, N.A. 824 NORTH MARKET STREET, SUITE 100 WILMINGTON, DE 19801 |
* | $ 74,264,382,000 | 1 | $ 44,000 |
| PNC BANK, NATIONAL ASSOCIATION 249 FIFTH AVE. MS P1-POPP-22-2 PITTSBURGH, PA 15222 |
* | $ 309,999,678,000 | 1 | $ 106,000 |
| MEGASTAR FINANCIAL CORP. 1080 CHEROKEE STREET DENVER, CO 80205 |
* | $ 10,000,000 | 1 | $ 63,000 |
| PENOBSCOT COUNTY 205 MAIN ST OLD TOWN, ME 04468 |
* | $ 50,680,000 | 1 | $ 80,000 |
| MAX CREDIT UNION 400 EASTDALE CIRCLE MONTGOMERY, AL 36117 |
* | $ 1,034,932,000 | 1 | $ 80,000 |
| BANK OF ENGLAND PO BOX 70 ENGLAND, AR 72046 |
* | $ 245,863,000 | 1 | $ 138,000 |
| SELF-HELP FEDERAL CREDIT UNION 301 W MAIN STREET DURHAM, NC 27701 |
* | $ 558,432,000 | 1 | $ 134,000 |
| TOWN & COUNTRY FEDERAL CREDIT UNION 557 MAIN STREET P.O. BOX 9420 SOUTH PORTLAND, ME 04116 |
* | $ 249,488,000 | 1 | $ 93,000 |
| GORHAM SAVINGS BANK 10 WENTWORTH DRIVE GORHAM, ME 04038 |
* | $ 945,684,000 | 1 | $ 58,000 |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. 10800 MAIN STREET FAIRFAX, VA 22030 |
* | $ 435,000,000 | 1 | $ 74,000 |
| NORTHEAST HOME LOAN, LLC 25 MR ARTHUR DRIVE WEST CHESTERFIELD, NH 03466 |
* | $ 306,000,000 | 1 | $ 72,000 |
| SALEM FIVE MORTGAGE COMPANY, LLC 210 ESSEX STREET SALEM, MA 01970 |
* | $ 642,980,000 | 1 | $ 135,000 |
| NATIONAL BANK OF KANSAS CITY 10700 NALL AVENUE OVERLAND PARK, KS 66211 |
* | $ 566,962,000 | 1 | $ 340,000 |
| CBC NATIONAL BANK 1891 SOUTH 14TH STREET FERNANDINA BEACH, FL 32034 |
* | $ 375,205,000 | 1 | $ 81,000 |
| UBS AG, TAMPA BRANCH 3000 BAYPORT TAMPA, FL 33607 |
* | $ 0 | 1 | $ 139,000 |
| ENVOY MORTGAGE, LTD 5100 WESTHEIMER RD, STE 320 HOUSTON, TX 77056 |
* | $ 10,000,000 | 1 | $ 135,000 |
| THE FEDERAL SAVINGS BANK 300 N ELIZABETH STREET, STE 3E CHICAGO, IL 60607 |
* | $ 141,772,000 | 1 | $ 152,000 |
| MWABANK 100 17TH STREET ROCK ISLAND, IL 61201 |
* | $ 246,270,000 | 1 | $ 60,000 |
| FIRST NATIONAL ACCEPTANCE COMPANY 241 EAST SAGINAW/P.O. BOX 980 EAST LANSING, MI 48826 |
* | $ 10,498,000 | 1 | $ 36,000 |
| EVERGREEN 225 RIVERSIDE STREET PORTLAND, ME 04103 |
* | $ 220,480,000 | 1 | $ 43,000 |
| SERVICE FEDERAL CREDIT UNION 3003 LAFAYETTE ROAD PORTSMOUTH, NH 03801 |
* | $ 2,348,031,000 | 1 | $ 30,000 |
| ATLANTIC REGIONAL FEDERAL CREDIT UNION PO BOX 188 BRUSNWICK, ME 04011 |
* | $ 271,369,000 | 1 | $ 28,000 |
| HOME LOAN INVESTMENT BANK, F.S.B. ONE HOME LOAN PLAZA WARWICK, RI 02886 |
* | $ 204,003,000 | 1 | $ 17,000 |
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 2014
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 | 583 | $60,947,000 | $104,000 | $461,000 | $59,000 | $597,000 |
| Refinancing | 570 | $64,171,000 | $112,000 | $555,000 | $60,000 | $728,000 |
| Home Improvement | 182 | $8,027,000 | $44,000 | $340,000 | $58,000 | $485,000 |
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 | 1,102 | $106,739,000 | $96,000 | $461,000 | $64,000 | $728,000 |
| Not applicable | 108 | $12,001,000 | $111,000 | $350,000 | $4,000 | $146,000 |
| Not Provided | 98 | $11,680,000 | $119,000 | $555,000 | $71,000 | $597,000 |
| Hispanic | 10 | $819,000 | $81,000 | $120,000 | $36,000 | $50,000 |
| American Indian or Alaskan Native | 8 | $775,000 | $96,000 | $166,000 | $43,000 | $78,000 |
| Asian | 6 | $801,000 | $133,000 | $209,000 | $49,000 | $158,000 |
| Black or African American | 3 | $330,000 | $110,000 | $156,000 | $124,000 | $305,000 |
| 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) | 876 | $79,166,000 | $90,000 | $555,000 | $70,000 | $728,000 |
| FHA-insured (Federal Housing Administration) | 167 | $17,823,000 | $106,000 | $245,000 | $39,000 | $132,000 |
| VA-guaranteed (Veterans Administration) | 156 | $22,857,000 | $146,000 | $461,000 | $52,000 | $292,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 136 | $13,299,000 | $97,000 | $192,000 | $28,000 | $69,000 |
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 | 642 | $60,598,000 | $94,000 | $405,000 | $67,000 | $597,000 |
| Application Denied By Financial Institution | 353 | $34,442,000 | $97,000 | $555,000 | $60,000 | $728,000 |
| Loan Purchased By The Institution | 149 | $16,254,000 | $109,000 | $350,000 | $17,000 | $146,000 |
| Application Withdrawn By Applicant | 101 | $11,409,000 | $112,000 | $450,000 | $65,000 | $450,000 |
| Application Approved But Not Accepted | 55 | $5,743,000 | $104,000 | $272,000 | $62,000 | $273,000 |
| File Closed For Incompleteness | 35 | $4,699,000 | $134,000 | $450,000 | $70,000 | $426,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 98 | $6,610,000 | $67,000 | $272,000 | $66,000 | $728,000 |
| Collateral | 49 | $6,495,000 | $132,000 | $461,000 | $80,000 | $391,000 |
| Debt-To-Income Ratio | 38 | $4,016,000 | $105,000 | $428,000 | $44,000 | $109,000 |
| Credit Application Incomplete | 19 | $2,019,000 | $106,000 | $340,000 | $63,000 | $229,000 |
| Other | 15 | $1,309,000 | $87,000 | $185,000 | $61,000 | $164,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 7 | $556,000 | $79,000 | $199,000 | $54,000 | $83,000 |
| Employment History | 4 | $376,000 | $94,000 | $177,000 | $48,000 | $97,000 |
| Unverifiable Information | 2 | $176,000 | $88,000 | $174,000 | $66,000 | $100,000 |
| 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.