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 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.
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.