Somerset County ME
Mortgage Loan Application
Totals and Details
for 2015

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 1,432
Total Mortgage Loan Application Amount $152,754,000
Average Mortgage Loan Application Amount $106,000
Highest Mortgage Loan Application Amount $1,566,000
Average Applicant Income $59,000
Highest Applicant Income $1,060,000

Mortgage Company List for Lending in Somerset County ME for 2015

* 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
* $ 534,853,000 196 $ 22,148,000
BANGOR SAVINGS BANK
19 MAINE AVENUE
BANGOR, ME 04401
* $ 3,110,609,000 133 $ 10,980,000
THE CAMDEN NATIONAL BANK
2 ELM STREET
CAMDEN, ME 04856
* $ 2,762,686,000 131 $ 9,952,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,532,784,000,000 62 $ 8,221,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 91,782,513,000 61 $ 4,961,000
RESIDENTIAL MORTGAGE SERVICES, INC.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ 10,000,000 59 $ 7,071,000
TD BANK, NATIONAL ASSOCIATION
2035 LIMESTONE ROAD
WILMINGTON, DE 19808
* $ 230,280,000,000 55 $ 5,270,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 44 $ 6,012,000
SEBASTICOOK VALLEY FEDERAL CREDIT UNION
PO BOX 10
PITTSFIELD, ME 04967
* $ 82,997,000 42 $ 2,917,000
PEOPLE'S UNITED BANK
850 MAIN STREET
BRIDGEPORT, CT 06604
* $ 35,755,742,000 34 $ 3,418,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 31 $ 3,415,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,074,981,000,000 28 $ 2,962,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 22 $ 3,272,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 22 $ 2,317,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 17 $ 1,767,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 17 $ 2,228,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,574,093,000,000 17 $ 1,556,000
HARBORONE MORTGAGE, LLC
1045 ELM ST SUITE 601
MANCHESTER, NH 03101
* $ 100,000,000 16 $ 1,673,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 15 $ 1,901,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 14 $ 2,111,000
NORTHEAST BANK
500 CANAL ST
LEWISTON, ME 04240
* $ 806,585,000 14 $ 1,892,000
CUSO MORTGAGE CORPORATION
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ 10,000,000 13 $ 1,049,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 13 $ 840,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 67,301,894,000 13 $ 1,433,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 11 $ 1,515,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 11 $ 1,159,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 11 $ 1,347,000
FIVE COUNTY
765 WASHINGTON STREET
BATH, ME 04530
* $ 217,413,000 10 $ 977,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 63,635,411,000 10 $ 1,098,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 398,978,359,000 10 $ 1,537,000
1ST ALLIANCE LENDING, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 9 $ 624,000
UNIVERSITY CREDIT UNION
15 MAIN STREET
ORONO, ME 04473
* $ 255,486,000 9 $ 1,056,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 8 $ 1,024,000
LENDUS, LLC
3236 STONE VALLEY ROAD W
ALAMO, CA 94507
* $ 10,000,000 7 $ 800,000
MAINE HIGHLANDS FEDERAL CREDIT UNION
PO BOX 233
DEXTER, ME 04930
* $ 95,333,000 7 $ 643,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 7 $ 965,000
FIRST NATIONAL BANK
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ 1,448,154,000 7 $ 556,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 21,610,491,000 7 $ 520,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 95,920,564,000 6 $ 723,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 6 $ 783,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 17,796,419,000 5 $ 651,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 185,888,583,000 5 $ 76,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 5 $ 551,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 4 $ 602,000
DOWN EAST CREDIT UNION
23 THIRD AVE
BAILEYVILLE, ME 04694
* $ 128,699,000 4 $ 331,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 182,489,046,000 4 $ 483,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,808,214,000 4 $ 631,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 4 $ 468,000
DISCOVER HOME LOANS, INC
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 83,125,845,000 4 $ 619,000
NORWAY SAVINGS BANK
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ 994,239,000 4 $ 515,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,356,442,000,000 4 $ 396,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 4 $ 423,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 4 $ 559,000
DIRIGO FEDERAL CREDIT UNION
391 MAIN STREET
LEWISTON, ME 04243
* $ 182,146,000 3 $ 79,000
MAINE SAVINGS FEDERAL CREDIT UNION
PO BOX 347
HAMPDEN, ME 04444
* $ 303,145,000 3 $ 1,098,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 3 $ 436,000
SUMMIT FUNDING, INC.
2241 HARVARD ST, SUITE 200
SACRAMENTO, CA 95815
* $ 1,000,000,000 3 $ 300,000
GMH MORTGAGE SERVICES LLC
625 W RIDGE PIKE STE 100; BUILDING C
CONSHOHOCKEN, PA 19428
* $ 0 3 $ 316,000
PEOPLES BANK
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 447,877,000 3 $ 418,000
ATLANTIC REGIONAL FEDERAL CREDIT UNION
PO BOX 188
BRUSNWICK, ME 04011
* $ 288,000,000 3 $ 46,000
PEOPLESCHOICE CREDIT UNION
23 INDUSTRIAL PARK RD
SACO, ME 04072
* $ 154,041,000 3 $ 340,000
MACHIAS SAVINGS BANK
4 CENTER STREET
MACHIAS, ME 04654
* $ 1,112,734,000 3 $ 523,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 3 $ 404,000
MORTGAGE NETWORK, INC.
99 CONIFER HILL DR
DANVERS, MA 01923
* $ 3,700,000 3 $ 347,000
MORTGAGE EQUITY PARTNERS LLC
220 BROADWAY SUITE 205
LYNNFIELD, MA 01940
* $ 10,000,000 2 $ 222,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 2 $ 89,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 2 $ 305,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ 100,000,000 2 $ 231,000
PLATINUM HOME MORTGAGE CORPORATION
2200 HICKS RD, STE 101
ROLLING MEADOWS, IL 60008
* $ 10,000,000 2 $ 237,000
INFINITY FEDERAL CREDIT UNION
202 LARRABEE ROAD
WESTBROOK, ME 04092
* $ 270,526,000 2 $ 257,000
CAPITAL ONE, NATIONAL ASSOCIATION
7933 PRESTON ROAD
PLANO, TX 75024
* $ 255,011,219,000 2 $ 183,000
BOKF, NATIONAL ASSOCIATION
ONE WEST 3RD, 5TH FL
TULSA, OK 74103
* $ 28,953,664,000 2 $ 130,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,888,583,000 2 $ 172,000
HOME LOAN INVESTMENT BANK, F.S.B.
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 214,371,000 2 $ 16,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 216,602,000 2 $ 284,000
NORTHEAST CREDIT UNION
100 BORTHWICK AVE.
PORTSMOUTH, NH 03801
* $ 1,022,353,000 2 $ 103,000
TOP FLITE FINANCIAL, INC.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 2 $ 233,000
360 MORTGAGE GROUP, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 2 $ 368,000
EQUITY RESOURCES, INC.
PO BOX 5177
NEWARK, OH 43058
* $ 16,280,000 1 $ 122,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 1 $ 238,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ 10,000,000 1 $ 92,000
GUARDHILL FINANCIAL CORP.
140 EAST 45TH STREET, 31ST FLOOR
NEW YORK, NY 10017
* $ 9,310,000 1 $ 208,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,781,238,000 1 $ 64,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 93,000
MIDCOAST
186 LOWER MAIN STREET
FREEPORT, ME 04032
* $ 138,323,000 1 $ 161,000
BANGOR FEDERAL CREDIT UNION
339 HOGAN ROAD
BANGOR, ME 04401
* $ 130,024,000 1 $ 199,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 1 $ 131,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 1 $ 135,000
SAGE BANK
18 HURD STREET
LOWELL, MA 01852
* $ 195,227,000 1 $ 76,000
BREWER FEDERAL CREDIT UNION
229 DIRIGO DR
BREWER, ME 04412
* $ 47,566,000 1 $ 2,000
NORWICH COMMERCIAL GROUP, INC.
38 SECURITY DRIVE
AVON, CT 06001
* $ 17,789,000 1 $ 184,000
LIVE WELL FINANCIAL, INC.
1011 BOULDER SPRINGS DRIVE
RICHMOND, VA 23225
* $ 176,870,000 1 $ 60,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ 10,000,000 1 $ 276,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 1 $ 204,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 111,000
MLD MORTGAGE INC.
30 B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ 11,886,522,000 1 $ 73,000
CHARLES SCHWAB BANK, SSB
2360 CORPORATE CIRCLE
HENDERSON, NV 89074
* $ 111,278,000,000 1 $ 466,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 102,971,333,000 1 $ 308,000
SANTANDER BANK, N.A.
824 NORTH MARKET STREET, SUITE 100
WILMINGTON, DE 19801
* $ 80,472,892,000 1 $ 138,000
HSBC BANK USA, NATIONAL ASSOCIATION
1800 TYSONS BLVD., SUITE 50
MCLEAN, VA 22102
* $ 178,676,927,000 1 $ 95,000
OLD NATIONAL BANK
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 7,873,796,000 1 $ 168,000
SANFORD INSTITUTION FOR SAVINGS
900 MAIN STREET
SANFORD, ME 04073
* $ 453,143,000 1 $ 170,000
MECHANICS SAVINGS BANK
100 MINOT AVENUE
AUBURN, ME 04210
* $ 373,647,000 1 $ 250,000
SACO & BIDDEFORD SAVINGS INSTITUTION
50 INDUSTRIAL PARK ROAD
SACO, ME 04072
* $ 829,413,000 1 $ 35,000
BATH SAVINGS INSTITUTION
105 FRONT STREET
BATH, ME 04530
* $ 765,362,000 1 $ 89,000
ANDROSCOGGIN SAVINGS BANK
30 LISBON STREET
LEWISTON, ME 04240
* $ 807,822,000 1 $ 55,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 157,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 29,000
HANSCOM
25 PORTER ROAD, SUITE 100
LITTLETON, MA 01460
* $ 1,083,953,000 1 $ 183,000
DIGITAL FEDERAL CREDIT UNION
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ 5,967,941,000 1 $ 75,000
GREENWOOD
2669 POST ROAD
WARWICK, RI 02889
* $ 411,216,000 1 $ 27,000
PENTUCKET BANK
1 MERRIMACK STREET
HAVERHILL, MA 01830
* $ 663,668,000 1 $ 78,000
UNIBANK FOR SAVINGS
49 CHURCH STREET
WHITINSVILLE, MA 01588
* $ 1,458,470,000 1 $ 36,000
WATERSTONE MORTGAGE CORPORATION
N25 W23255 PAUL ROAD
PEWAUKEE, WI 53072
* $ 1,603,436,000 1 $ 46,000
AMERICAN SOUTHWEST MORTGAGE CORP.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 1 $ 41,000
TRADEMARK
44 EDISON DRIVE
AUGUSTA, ME 04330
* $ 75,601,000 1 $ 14,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 972,551,000 1 $ 25,000
KATAHDIN TRUST COMPANY
11 MAIN STREET / PO BOX 450
PATTEN, ME 04765
* $ 666,408,000 1 $ 144,000
KENNEBUNK SAVINGS BANK
104 MAIN STREET
KENNEBUNK, ME 04043
* $ 922,234,000 1 $ 30,000
MARKETPLACE HOME MORTGAGE, LLC
7380 FRANCE AVE S, STE 200
EDINA, MN 55435
* $ 34,593,007,000 1 $ 105,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 145,000
ALLIANCE FINANCIAL RESOURCES
5410 EAST HIGH STREET SUITE 200
PHOENIX, AZ 85054
* $ 10,000,000 1 $ 176,000
NE MOVES MORTGAGE, LLC
52 SECOND AVENUE, 3RD FLOOR
WALTHAM, MA 02451
* $ 10,000,000 1 $ 180,000
FARM CREDIT EAST, ACA
240 SOUTH ROAD
ENFIELD, CT 06082
* $ 4,520,676,000 1 $ 174,000
BNC NATIONAL BANK
20175 N 67TH AVENUE
GLENDALE, AZ 85308
* $ 933,532,000 1 $ 275,000
COMMUNITY CREDIT UNION
144 PINE STREET
LEWISTON, ME 04240
* $ 44,867,000 1 $ 450,000
HOWARD BANK
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 691,345,000 1 $ 67,000
RELIANT BANK
1736 CAROTHERS PARKWAY
BRENTWOOD, TN 37027
* $ 295,168,000 1 $ 44,000

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 2015

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 613 $72,466,000 $118,000 $556,000 $57,000 $511,000
Home Purchase 611 $73,030,000 $119,000 $1,566,000 $61,000 $1,060,000
Home Improvement 208 $7,258,000 $34,000 $275,000 $55,000 $330,000

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 1,177 $120,802,000 $102,000 $556,000 $63,000 $1,060,000
Not applicable 121 $17,042,000 $140,000 $1,566,000 $7,000 $220,000
Not Provided 100 $11,125,000 $111,000 $300,000 $64,000 $400,000
American Indian or Alaskan Native 12 $1,310,000 $109,000 $210,000 $56,000 $120,000
Hispanic 9 $1,018,000 $113,000 $366,000 $66,000 $208,000
Asian 7 $778,000 $111,000 $200,000 $69,000 $167,000
Black or African American 4 $484,000 $121,000 $133,000 $64,000 $144,000
Native Hawaiian or Other Pacific Islander 2 $195,000 $97,000 $98,000 $19,000 $39,000

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) 930 $92,364,000 $99,000 $960,000 $70,000 $1,060,000
FHA-insured (Federal Housing Administration) 202 $23,843,000 $118,000 $1,566,000 $40,000 $420,000
VA-guaranteed (Veterans Administration) 169 $24,053,000 $142,000 $410,000 $41,000 $242,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 131 $12,494,000 $95,000 $173,000 $28,000 $67,000

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 717 $76,630,000 $106,000 $960,000 $68,000 $1,060,000
Application Denied By Financial Institution 361 $32,456,000 $89,000 $556,000 $53,000 $511,000
Loan Purchased By The Institution 147 $17,161,000 $116,000 $410,000 $18,000 $220,000
Application Withdrawn By Applicant 131 $15,836,000 $120,000 $900,000 $66,000 $400,000
File Closed For Incompleteness 41 $6,266,000 $152,000 $1,566,000 $53,000 $228,000
Application Approved But Not Accepted 35 $4,405,000 $125,000 $295,000 $78,000 $420,000
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 80 $4,356,000 $54,000 $193,000 $48,000 $276,000
Collateral 46 $6,665,000 $144,000 $556,000 $92,000 $511,000
Debt-To-Income Ratio 37 $3,601,000 $97,000 $276,000 $42,000 $271,000
Credit Application Incomplete 17 $1,688,000 $99,000 $163,000 $65,000 $171,000
Other 9 $464,000 $51,000 $87,000 $67,000 $159,000
Insufficient Cash (Downpayment, Closing Cost) 3 $427,000 $142,000 $196,000 $57,000 $83,000
Employment History 2 $102,000 $51,000 $58,000 $48,000 $51,000
Unverifiable Information 1 $90,000 $90,000 $90,000 $36,000 $36,000
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