|
| Location |
Sagadahoc County ME
• Apply Here |
| Year | 2008 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 2008 |
| Total Number of Mortgage Applications | 2,091 |
| Total Amount of All Mortgage Loans Applied For | $339,456,000 |
| Average Mortgage Loan Amount Applied For | $162,000 |
| Highest Mortgage Loan Amount Applied For | $1,800,000 |
| Average Applicant Income | $74,000 |
| Highest Applicant Income | $2,124,000 |
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| Home Improvement |
241 | $18,294,000 |
$75,000 | $642,000 |
$82,000 | $2,124,000 |
| Home Purchase |
613 | $109,969,000 |
$179,000 | $1,800,000 |
$77,000 | $1,602,000 |
| Refinancing |
1,237 | $211,193,000 |
$170,000 | $1,500,000 |
$70,000 | $999,000 |
|
| American Indian or Alaskan Native |
7 | $1,039,000 |
$148,000 | $316,000 |
$80,000 | $107,000 |
| Asian |
12 | $2,150,000 |
$179,000 | $502,000 |
$68,000 | $154,000 |
| Black or African American |
10 | $762,000 |
$76,000 | $171,000 |
$72,000 | $138,000 |
| Hispanic |
15 | $1,974,000 |
$131,000 | $232,000 |
$65,000 | $109,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $331,000 |
$165,000 | $251,000 |
$58,000 | $69,000 |
| Not applicable |
172 | $32,609,000 |
$189,000 | $1,500,000 |
$9,000 | $186,000 |
| Not Provided |
218 | $40,038,000 |
$183,000 | $1,800,000 |
$89,000 | $1,602,000 |
| White |
1,655 | $260,553,000 |
$157,000 | $1,800,000 |
$78,000 | $2,124,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,713 | $271,043,000 |
$158,000 | $1,800,000 |
$78,000 | $2,124,000 |
| FHA-insured (Federal Housing Administration) |
293 | $52,960,000 |
$180,000 | $343,000 |
$59,000 | $171,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
23 | $3,234,000 |
$140,000 | $207,000 |
$26,000 | $67,000 |
| VA-guaranteed (Veterans Administration) |
62 | $12,219,000 |
$197,000 | $315,000 |
$48,000 | $125,000 |
|
| Application Approved But Not Accepted |
134 | $19,792,000 |
$147,000 | $450,000 |
$86,000 | $599,000 |
| Application Denied By Financial Institution |
455 | $71,193,000 |
$156,000 | $1,800,000 |
$70,000 | $2,124,000 |
| Application Withdrawn By Applicant |
193 | $38,471,000 |
$199,000 | $1,780,000 |
$90,000 | $1,602,000 |
| File Closed For Incompleteness |
34 | $6,074,000 |
$178,000 | $343,000 |
$96,000 | $372,000 |
| Loan Originated |
973 | $148,700,000 |
$152,000 | $1,800,000 |
$81,000 | $1,147,000 |
| Loan Purchased By The Institution |
302 | $55,226,000 |
$182,000 | $714,000 |
$36,000 | $229,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
67 | $13,445,000 |
$200,000 | $1,800,000 |
$86,000 | $1,000,000 |
| Credit Application Incomplete |
16 | $2,812,000 |
$175,000 | $367,000 |
$65,000 | $110,000 |
| Credit History |
79 | $9,863,000 |
$124,000 | $820,000 |
$85,000 | $2,124,000 |
| Debt-To-Income Ratio |
71 | $12,768,000 |
$179,000 | $1,780,000 |
$56,000 | $266,000 |
| Employment History |
2 | $261,000 |
$130,000 | $181,000 |
$38,000 | $57,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $273,000 |
$136,000 | $200,000 |
$68,000 | $94,000 |
| Mortgage Insurance Denied |
2 | $293,000 |
$146,000 | $165,000 |
$65,000 | $72,000 |
| Other |
20 | $3,606,000 |
$180,000 | $345,000 |
$71,000 | $210,000 |
| Unverifiable Information |
9 | $1,226,000 |
$136,000 | $200,000 |
$43,000 | $110,000 |
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