Somerset County ME
Mortgage Loan Application
Totals and Details
for 2016
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 | 1,599 |
| Total Mortgage Loan Application Amount | $171,434,000 |
| Average Mortgage Loan Application Amount | $107,000 |
| Highest Mortgage Loan Application Amount | $550,000 |
| Average Applicant Income | $60,000 |
| Highest Applicant Income | $799,000 |
* 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 |
* | $ 563,533,000 | 195 | $ 21,795,000 |
| BANGOR SAVINGS BANK 19 MAINE AVENUE BANGOR, ME 04401 |
* | $ 3,304,123,000 | 161 | $ 14,752,000 |
| THE CAMDEN NATIONAL BANK 2 ELM STREET CAMDEN, ME 04856 |
* | $ 3,681,225,000 | 117 | $ 9,495,000 |
| LOANDEPOT.COM, LLC 26642 TOWNE CENTRE DRIVE FOOTHILL RANCH, CA 92610 |
* | $ 138,031,000 | 106 | $ 13,522,000 |
| KEYBANK NATIONAL ASSOCIATION 127 PUBLIC SQUARE CLEVELAND, OH 44114 |
* | $ 93,038,275,000 | 78 | $ 4,702,000 |
| WELLS FARGO BANK, NATIONAL ASSOCIATION 100 N MAIN STREET MAC D4001-042 WINSTON-SALEM, NC 27150 |
* | $ 1,610,580,000,000 | 55 | $ 6,875,000 |
| TD BANK, NATIONAL ASSOCIATION 2035 LIMESTONE ROAD WILMINGTON, DE 19808 |
* | $ 246,485,756,000 | 49 | $ 3,742,000 |
| SEBASTICOOK VALLEY FEDERAL CREDIT UNION PO BOX 10 PITTSFIELD, ME 04967 |
* | $ 87,462,000 | 48 | $ 2,899,000 |
| RESIDENTIAL MORTGAGE SERVICES, INC. 24 CHRISTOPHER TOPPI DRIVE SOUTH PORTLAND, ME 04106 |
* | $ 10,000,000 | 43 | $ 5,495,000 |
| PEOPLE'S UNITED BANK 850 MAIN STREET BRIDGEPORT, CT 06604 |
* | $ 38,450,416,000 | 36 | $ 4,017,000 |
| MORTGAGE NETWORK, INC. 99 CONIFER HILL DR DANVERS, MA 01923 |
* | $ 3,700,000 | 29 | $ 3,786,000 |
| RELIANCE FIRST CAPITAL, LLC 201 OLD COUNTRY ROAD SUITE 205 MELVILLE, NY 11747 |
* | $ 100,000,000 | 28 | $ 3,747,000 |
| NATIONSTAR MORTGAGE LLC 8950 CYPRESS WATERS BLVD. COPPELL, TX 75019 |
* | $ 10,000,000 | 28 | $ 3,234,000 |
| FRANKLIN AMERICAN MORTGAGE COMPANY 6100 TOWER CIRCLE SUITE 600 FRANKLIN, TN 37067 |
* | $ 10,000,000 | 27 | $ 3,250,000 |
| MORTGAGE RESEARCH CENTER, LLC 1400 VETERANS UNITED DR. COLUMBIA, MO 65203 |
* | $ 880,000,000 | 20 | $ 3,113,000 |
| PENNYMAC LOAN SERVICES LLC 3043 TOWNSGATE ROAD WESTLAKE VILLAGE, CA 91361 |
* | $ 39,000,000 | 20 | $ 2,906,000 |
| HARBORONE MORTGAGE, LLC 1045 ELM ST SUITE 601 MANCHESTER, NH 03101 |
* | $ 100,000,000 | 20 | $ 2,014,000 |
| 21ST MORTGAGE CORPORATION 620 MARKET ST SUITE 100 KNOXVILLE, TN 37902 |
* | $ 10,000,000 | 19 | $ 1,147,000 |
| EMBRACE HOME LOANS, INC. 25 ENTERPRISE CENTER MIDDLETOWN, RI 02842 |
* | $ 10,000,000 | 18 | $ 1,718,000 |
| NORTHEAST BANK 500 CANAL ST LEWISTON, ME 04240 |
* | $ 893,445,000 | 18 | $ 1,644,000 |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION 1111 POLARIS PARKWAY COLUMBUS, OH 43240 |
* | $ 1,914,658,000,000 | 16 | $ 1,750,000 |
| USAA FEDERAL SAVINGS BANK 10750 MCDERMOTT FREEWAY SAN ANTONIO, TX 78288 |
* | $ 71,130,930,000 | 15 | $ 2,547,000 |
| MAINE HIGHLANDS FEDERAL CREDIT UNION PO BOX 233 DEXTER, ME 04930 |
* | $ 101,820,000 | 15 | $ 1,250,000 |
| NEW DAY FINANCIAL, LLC 8160 MAPLE LAWN BLVD. FULTON, MD 20759 |
* | $ 4,088,336,000 | 14 | $ 2,763,000 |
| U.S. BANK NATIONAL ASSOCIATION 425 WALNUT STREET CINCINNATI, OH 45202 |
* | $ 417,458,234,000 | 14 | $ 1,743,000 |
| FREEDOM MORTGAGE CORPORATION 10500 KINCAID DRIVE FISHERS, IN 46037 |
* | $ 10,000,000 | 14 | $ 1,748,000 |
| CARRINGTON MORTGAGE SERVICES, LLC 1600 SO. DOUGLASS RD, SUITES 110 & 200A ANAHEIM, CA 92806 |
* | $ 945,758,000 | 13 | $ 1,338,000 |
| FIRST GUARANTY MORTGAGE CORPORATION 1900 GALLOWS ROAD, SUITE 800 TYSONS CORNER, VA 22182 |
* | $ 10,000,000 | 13 | $ 1,431,000 |
| CUSO MORTGAGE CORPORATION 101 WESTERN AVENUE HAMPDEN, ME 04444 |
* | $ 10,000,000 | 13 | $ 1,396,000 |
| PACIFIC UNION FINANCIAL, LLC 8900 FREEPORT PKWY, STE 150 IRVING, TX 75063 |
* | $ 40,000,000 | 12 | $ 1,526,000 |
| PRIMARY RESIDENTIAL MORTGAGE, INC. 1480 N 2200 W SALT LAKE CITY, UT 84116 |
* | $ 242,587,000 | 11 | $ 1,158,000 |
| FIRST NATIONAL BANK P.O. BOX 940 DAMARISCOTTA, ME 04543 |
* | $ 1,530,967,000 | 11 | $ 1,000,000 |
| NAVY FEDERAL CREDIT UNION 820 FOLLIN LANE VIENNA, VA 22180 |
* | $ 73,279,079,000 | 11 | $ 995,000 |
| MAINE SAVINGS FEDERAL CREDIT UNION PO BOX 347 HAMPDEN, ME 04444 |
* | $ 304,051,000 | 11 | $ 1,376,000 |
| DITECH FINANCIAL LLC 1100 VIRGINIA DRIVE, SUITE 100 FORT WASHINGTON, PA 19034 |
* | $ 6,260,444,000 | 11 | $ 1,330,000 |
| CITIBANK, NATIONAL ASSOCIATION 1 COURT SQUARE,43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,299,801,000,000 | 8 | $ 956,000 |
| BANK OF AMERICA, NATIONAL ASSOCIATION 31303 AGOURA RD CA6-917-01-20 WESTLAKE VILLAGE, CA 91361 |
* | $ 1,639,305,000,000 | 8 | $ 1,200,000 |
| GUARANTEED RATE, INC. 3940 NORTH RAVENSWOOD AVE CHICAGO, IL 60613 |
* | $ 10,000,000 | 8 | $ 1,227,000 |
| AMERICAN ADVISORS GROUP 3800 W.CHAPMAN SUITE 300 ORANGE, CA 92868 |
* | $ 100,247,000 | 8 | $ 322,000 |
| PHH MORTGAGE CORPORATION 1 MORTGAGE WAY MT LAUREL, NJ 08054 |
* | $ 31,000,000 | 7 | $ 761,000 |
| AMERISAVE MORTGAGE CORPORATION 3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE ATLANTA, GA 30305 |
* | $ 8,994,122,000 | 6 | $ 697,000 |
| FIVE COUNTY 765 WASHINGTON STREET BATH, ME 04530 |
* | $ 224,008,000 | 6 | $ 689,000 |
| MACHIAS SAVINGS BANK 4 CENTER STREET MACHIAS, ME 04654 |
* | $ 1,158,833,000 | 6 | $ 784,000 |
| CITIZENS BANK, NATIONAL ASSOCIATION ONE CITIZENS PLAZA PROVIDENCE, RI 02903 |
* | $ 108,064,717,000 | 6 | $ 536,000 |
| CITIMORTGAGE, INC. 1 COURT SQUARE, 43RD FLOOR LONG ISLAND CITY, NY 11120 |
* | $ 1,019,497,000,000 | 5 | $ 790,000 |
| TRUIST BANK 3100 SMOKETREE CT FL 5 RALEIGH, NC 27604 |
* | $ 205,125,538,000 | 5 | $ 741,000 |
| PLAZA HOME MORTGAGE, INC. 4820 EASTGATE MALL, STE 100 SAN DIEGO, CA 92121 |
* | $ 10,000,000 | 5 | $ 439,000 |
| UNITED SHORE FINANCIAL SERVICES, LLC 1414 EAST MAPLE ROAD TROY, MI 48083 |
* | $ 10,000,000 | 5 | $ 522,000 |
| UNIVERSITY CREDIT UNION 15 MAIN STREET ORONO, ME 04473 |
* | $ 265,709,000 | 5 | $ 427,000 |
| NORWAY SAVINGS BANK 261 MAIN STREET, P.O. BOX 347 NORWAY, ME 04268 |
* | $ 1,025,141,000 | 4 | $ 379,000 |
| 360 MORTGAGE GROUP, LLC 11305 FOUR POINTS DRIVE, BLDG 1, #200 AUSTIN, TX 78726 |
* | $ 10,000,000 | 4 | $ 710,000 |
| STEARNS LENDING, LLC 4 HUTTON CENTRE, 10TH FLOOR SANTA ANA, CA 92707 |
* | $ 10,000,000 | 4 | $ 418,000 |
| CAPITAL ONE, NATIONAL ASSOCIATION 7933 PRESTON ROAD PLANO, TX 75024 |
* | $ 273,231,606,000 | 4 | $ 708,000 |
| TIAA, FSB 501 RIVERSIDE AVENUE JACKSONVILLE, FL 32202 |
* | $ 26,594,410,000 | 4 | $ 260,000 |
| DIGITAL FEDERAL CREDIT UNION 220 DONALD LYNCH BOULEVARD MARLBOROUGH, MA 01752 |
* | $ 6,823,816,000 | 4 | $ 566,000 |
| SUNTRUST BANK P.O. BOX 4418, MAIL CODE 0663 ATLANTA, GA 30302 |
* | $ 186,710,993,000 | 4 | $ 70,000 |
| PEOPLES BANK 4831 W 6TH ST LAWRENCE, KS 66049 |
* | $ 451,930,000 | 4 | $ 647,000 |
| WYNDHAM CAPITAL MORTGAGE, INC. 6115 PARK SOUTH DRIVE, STE 200 CHARLOTTE, NC 28210 |
* | $ 10,000,000 | 3 | $ 719,000 |
| CMG MORTGAGE, INC. 3160 CROW CANYON ROAD, SUITE 400 SAN RAMON, CA 94583 |
* | $ 100,000,000 | 3 | $ 487,000 |
| MIDFIRST BANK 501 NW GRAND BLVD OKLAHOMA CITY, OK 73118 |
* | $ 11,567,246,000 | 3 | $ 265,000 |
| BANK OF ENGLAND PO BOX 70 ENGLAND, AR 72046 |
* | $ 318,361,000 | 3 | $ 616,000 |
| 1ST ALLIANCE LENDING, LLC 111 FOUNDERS PLAZA, SUITE 1300 EAST HARTFORD, CT 06108 |
* | $ 3,285,000 | 3 | $ 495,000 |
| VILLAGE CAPITAL & INVESTMENT LLC 2863 ST. ROSE PARKWAY HENDERSON, NV 89052 |
* | $ 11,000,000 | 3 | $ 357,000 |
| THE FEDERAL SAVINGS BANK 300 N ELIZABETH STREET, STE 3E CHICAGO, IL 60607 |
* | $ 284,507,000 | 3 | $ 495,000 |
| LENDUS, LLC 3236 STONE VALLEY ROAD W ALAMO, CA 94507 |
* | $ 10,000,000 | 3 | $ 369,000 |
| NORTHEAST HOME LOAN, LLC 25 MR ARTHUR DRIVE WEST CHESTERFIELD, NH 03466 |
* | $ 306,000,000 | 2 | $ 100,000 |
| ANDROSCOGGIN SAVINGS BANK 30 LISBON STREET LEWISTON, ME 04240 |
* | $ 866,156,000 | 2 | $ 280,000 |
| ENVOY MORTGAGE, LTD 5100 WESTHEIMER RD, STE 320 HOUSTON, TX 77056 |
* | $ 10,000,000 | 2 | $ 382,000 |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 3701 ARCO CORPORATE DR., SUITE 200 CHARLOTTE, NC 28273 |
* | $ 10,000,000 | 2 | $ 282,000 |
| FINANCE OF AMERICA MORTGAGE LLC 300 WELSH ROAD BUILDING 5 HORSHAM, PA 19044 |
* | $ 10,000,000 | 2 | $ 116,000 |
| FLAGSHIP FINANCIAL GROUP, LLC. 3130 W. MAPLE LOOP DR. LEHI, UT 84043 |
* | $ 0 | 2 | $ 401,000 |
| PROSPECT MORTGAGE, LLC 15301 VENTURA BLVD SUITE D300 SHERMAN OAKS, CA 91403 |
* | $ 10,000,000 | 2 | $ 260,000 |
| MANUFACTURERS AND TRADERS TRUST COMPANY 701 SENECA STREET - SUITE 330N BUFFALO, NY 14210 |
* | $ 122,099,687,000 | 2 | $ 254,000 |
| ACADEMY MORTGAGE CORPORATION 339 WEST 13490 SOUTH DRAPER, UT 84020 |
* | $ 10,000,000 | 2 | $ 97,000 |
| IFREEDOM DIRECT CORPORATION 124 N. CHARLES LINDBERGH DRIVE SLC, UT 84116 |
* | $ 10,000,000 | 2 | $ 160,000 |
| AMERICAN FINANCIAL RESOURCES, INC. 9 SYLVAN WAY PARSIPPANY, NJ 07054 |
* | $ 10,000,000 | 2 | $ 270,000 |
| ATLANTIC REGIONAL FEDERAL CREDIT UNION PO BOX 188 BRUSNWICK, ME 04011 |
* | $ 301,105,000 | 2 | $ 209,000 |
| SUNTRUST MORTGAGE, INC. 901 SEMMES AVENUE RICHMOND, VA 23224 |
* | $ 186,710,993,000 | 2 | $ 204,000 |
| STATE FARM BANK, F.S.B. 1 STATE FARM PLAZA E-6 BLOOMINGTON, IL 61710 |
* | $ 16,709,556,000 | 2 | $ 102,000 |
| HANSCOM 25 PORTER ROAD, SUITE 100 LITTLETON, MA 01460 |
* | $ 1,117,610,000 | 2 | $ 232,000 |
| BANGOR FEDERAL CREDIT UNION 339 HOGAN ROAD BANGOR, ME 04401 |
* | $ 133,324,000 | 2 | $ 190,000 |
| SUN WEST MORTGAGE COMPANY, INC. 18000 STUDEBAKER ROAD, SUITE 200 CERRITOS, CA 90703 |
* | $ 10,000,000 | 2 | $ 416,000 |
| INLAND BANK & TRUST 1900 W STATE ST GENEVA, IL 60134 |
* | $ 1,073,879,000 | 1 | $ 120,000 |
| LOW VA RATES, LLC 384 SOUTH 400 WEST, #100 LINDON, UT 84042 |
* | $ 89,030,433,000 | 1 | $ 140,000 |
| HOWARD BANK 6011 UNIVERSITY BLVD #370 ELLICOTT CITY, MD 21043 |
* | $ 947,219,000 | 1 | $ 55,000 |
| BENCHMARK BANK 461 BEECHER ROAD GAHANNA, OH 43230 |
* | $ 122,305,000 | 1 | $ 75,000 |
| ROCKLAND TRUST COMPANY 120 LIBERTY STREET BROCKTON, MA 02302 |
* | $ 7,207,551,000 | 1 | $ 100,000 |
| EVERGREEN 225 RIVERSIDE STREET PORTLAND, ME 04103 |
* | $ 239,421,000 | 1 | $ 76,000 |
| DOWN EAST CREDIT UNION 23 THIRD AVE BAILEYVILLE, ME 04694 |
* | $ 152,894,000 | 1 | $ 25,000 |
| DIRIGO FEDERAL CREDIT UNION 391 MAIN STREET LEWISTON, ME 04243 |
* | $ 190,786,000 | 1 | $ 40,000 |
| LANDMARK COMMUNITY BANK 2 S MAIN STREET PITTSTON, PA 18640 |
* | $ 284,072,000 | 1 | $ 83,000 |
| NORTH AMERICAN SAVINGS BANK, F.S.B. 12498 S 71 HIGHWAY GRANDVIEW, MO 64030 |
* | $ 1,580,860,000 | 1 | $ 157,000 |
| HOME LOAN INVESTMENT BANK, F.S.B. ONE HOME LOAN PLAZA WARWICK, RI 02886 |
* | $ 224,192,000 | 1 | $ 8,000 |
| CASCO 393 OSSIPEE TRAIL GORHAM, ME 04038 |
* | $ 53,809,000 | 1 | $ 47,000 |
| CUMBERLAND COUNTY 101 GRAY RD FALMOUTH, ME 04105 |
* | $ 202,935,000 | 1 | $ 43,000 |
| TRUCHOICE 332 CUMMINGS RD SOUTH PORTLAND, ME 04106 |
* | $ 107,146,000 | 1 | $ 32,000 |
| BUSEY BANK 100 W UNIVERSITY AVE CHAMPAIGN, IL 61820 |
* | $ 3,958,614,000 | 1 | $ 139,000 |
| SANFORD INSTITUTION FOR SAVINGS 900 MAIN STREET SANFORD, ME 04073 |
* | $ 508,144,000 | 1 | $ 252,000 |
| PENTAGON FEDERAL CREDIT UNION 7940 JONES BRANCH DRIVE TYSONS, VA 22102 |
* | $ 19,460,442,000 | 1 | $ 124,000 |
| CENTRAL MAINE FEDERAL CREDIT UNION 1000 LISBON STREET LEWISTON, ME 04240 |
* | $ 88,430,000 | 1 | $ 149,000 |
| TOWN & COUNTRY FEDERAL CREDIT UNION 557 MAIN STREET P.O. BOX 9420 SOUTH PORTLAND, ME 04116 |
* | $ 309,933,000 | 1 | $ 32,000 |
| RTN FEDERAL CREDIT UNION 600 MAIN STREET WALTHAM, MA 02452 |
* | $ 833,656,000 | 1 | $ 67,000 |
| BREWER FEDERAL CREDIT UNION 229 DIRIGO DR BREWER, ME 04412 |
* | $ 51,597,000 | 1 | $ 3,000 |
| LAKEVIEW LOAN SERVICING, LLC 4425 PONCE DE LEON BLVD. CORAL GABLES, FL 33146 |
* | $ 1,825,398,000 | 1 | $ 144,000 |
| FIRSTBANK 11 CHANNING WAY JACKSON, TN 38305 |
* | $ 2,887,863,000 | 1 | $ 228,000 |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION 4801 S. BILTMORE LANE MADISON, WI 53718 |
* | $ 10,000,000 | 1 | $ 169,000 |
| MORTGAGE FINANCIAL INC 170 MAIN STREET, SUITE 108 TEWKSBURY, MA 01876 |
* | $ 10,000,000 | 1 | $ 110,000 |
| DISCOVER BANK 12 READS WAY NEW CASTLE, DE 19720 |
* | $ 85,747,508,000 | 1 | $ 25,000 |
| SUMMIT FUNDING, INC. 2241 HARVARD ST, SUITE 200 SACRAMENTO, CA 95815 |
* | $ 1,000,000,000 | 1 | $ 17,000 |
| BANC OF CALIFORNIA, NATIONAL ASSOCIATION 18500 VON KARMAN AVENUE SUITE 1100 IRVINE, CA 92612 |
* | $ 8,231,396,000 | 1 | $ 101,000 |
| AMERICAN FINANCING CORPORATION 3045 S PARKER RD BUILDING B AURORA, CO 80014 |
* | $ 42,331,494,000 | 1 | $ 52,000 |
| KATAHDIN TRUST COMPANY 11 MAIN STREET / PO BOX 450 PATTEN, ME 04765 |
* | $ 701,669,000 | 1 | $ 39,000 |
| KENNEBUNK SAVINGS BANK 104 MAIN STREET KENNEBUNK, ME 04043 |
* | $ 981,489,000 | 1 | $ 95,000 |
| HOME POINT FINANCIAL CORPORATION 1194 OAK VALLEY DRIVE, SUITE 80 ANN ARBOR, MI 48108 |
* | $ 40,000,000 | 1 | $ 164,000 |
| NORWICH COMMERCIAL GROUP, INC. 38 SECURITY DRIVE AVON, CT 06001 |
* | $ 17,789,000 | 1 | $ 178,000 |
| CALIBER HOME LOANS, INC. 1525 S. BELTLINE ROAD COPPELL, TX 75019 |
* | $ 1,543,699,000 | 1 | $ 238,000 |
| MORTGAGE EQUITY PARTNERS LLC 220 BROADWAY SUITE 205 LYNNFIELD, MA 01940 |
* | $ 10,000,000 | 1 | $ 72,000 |
| FARM CREDIT EAST, ACA 240 SOUTH ROAD ENFIELD, CT 06082 |
* | $ 4,520,676,000 | 1 | $ 395,000 |
| LUXURY MORTGAGE CORP. FOUR LANDMARK SQUARE SUITE 300 STAMFORD, CT 06901 |
* | $ 10,000,000 | 1 | $ 176,000 |
| THE MONEY SOURCE INC. 135 MAXESS ROAD MELVILLE, NY 11747 |
* | $ 10,000,000 | 1 | $ 188,000 |
| BANK OF NEW HAMPSHIRE 62 PLEASANT ST LACONIA, NH 03246 |
* | $ 1,261,136,000 | 1 | $ 132,000 |
| ALLIANCE FINANCIAL RESOURCES 5410 EAST HIGH STREET SUITE 200 PHOENIX, AZ 85054 |
* | $ 10,000,000 | 1 | $ 74,000 |
| BROKER SOLUTIONS, INC. 14511 MYFORD ROAD, SUITE 100 TUSTIN, CA 92780 |
* | $ 10,000,000 | 1 | $ 103,000 |
| AVIDIA BANK 42 MAIN STREET HUDSON, MA 01749 |
* | $ 1,278,743,000 | 1 | $ 251,000 |
| SACO & BIDDEFORD SAVINGS INSTITUTION 50 INDUSTRIAL PARK ROAD SACO, ME 04072 |
* | $ 861,705,000 | 1 | $ 112,000 |
| BATH SAVINGS INSTITUTION 105 FRONT STREET BATH, ME 04530 |
* | $ 794,075,000 | 1 | $ 94,000 |
| MECHANICS SAVINGS BANK 100 MINOT AVENUE AUBURN, ME 04210 |
* | $ 374,363,000 | 1 | $ 25,000 |
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 2016
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 | 717 | $80,958,000 | $112,000 | $370,000 | $61,000 | $565,000 |
| Refinancing | 678 | $81,059,000 | $119,000 | $483,000 | $57,000 | $409,000 |
| Home Improvement | 204 | $9,417,000 | $46,000 | $550,000 | $68,000 | $799,000 |
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 | 1,313 | $138,619,000 | $105,000 | $550,000 | $64,000 | $799,000 |
| Not Provided | 128 | $12,906,000 | $100,000 | $359,000 | $72,000 | $253,000 |
| Not applicable | 125 | $16,615,000 | $132,000 | $477,000 | $9,000 | $200,000 |
| Hispanic | 16 | $1,109,000 | $69,000 | $164,000 | $66,000 | $208,000 |
| Black or African American | 7 | $980,000 | $140,000 | $188,000 | $84,000 | $194,000 |
| American Indian or Alaskan Native | 6 | $1,093,000 | $182,000 | $280,000 | $105,000 | $379,000 |
| Asian | 4 | $112,000 | $28,000 | $72,000 | $19,000 | $23,000 |
| Native Hawaiin 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) | 1,023 | $101,597,000 | $99,000 | $550,000 | $72,000 | $799,000 |
| FHA-insured (Federal Housing Administration) | 246 | $26,411,000 | $107,000 | $244,000 | $37,000 | $225,000 |
| VA-guaranteed (Veterans Administration) | 195 | $29,916,000 | $153,000 | $483,000 | $48,000 | $276,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 135 | $13,510,000 | $100,000 | $189,000 | $33,000 | $77,000 |
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 | 805 | $85,966,000 | $106,000 | $550,000 | $69,000 | $565,000 |
| Application Denied By Financial Institution | 386 | $37,164,000 | $96,000 | $424,000 | $55,000 | $799,000 |
| Loan Purchased By The Institution | 146 | $18,396,000 | $126,000 | $370,000 | $20,000 | $200,000 |
| Application Withdrawn By Applicant | 140 | $16,619,000 | $118,000 | $405,000 | $67,000 | $360,000 |
| File Closed For Incompleteness | 67 | $6,757,000 | $100,000 | $483,000 | $53,000 | $276,000 |
| Application Approved But Not Accepted | 55 | $6,532,000 | $118,000 | $248,000 | $69,000 | $253,000 |
| 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 | 55 | $3,316,000 | $60,000 | $244,000 | $67,000 | $799,000 |
| Collateral | 34 | $3,716,000 | $109,000 | $270,000 | $69,000 | $379,000 |
| Debt-To-Income Ratio | 28 | $2,193,000 | $78,000 | $206,000 | $34,000 | $93,000 |
| Credit Application Incomplete | 14 | $1,214,000 | $86,000 | $220,000 | $55,000 | $164,000 |
| Other | 14 | $1,176,000 | $84,000 | $225,000 | $75,000 | $130,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $264,000 | $52,000 | $90,000 | $31,000 | $57,000 |
| Employment History | 3 | $238,000 | $79,000 | $109,000 | $45,000 | $62,000 |
| Unverifiable Information | 2 | $143,000 | $71,000 | $97,000 | $31,000 | $37,000 |
| 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.