Franklin County, ME Mortgage Lenders & HMDA Data, 2025

In 2025, lenders reported 1,146 mortgage applications in Franklin County, ME totaling $293.8 million, up 15% from 2024. The average application was for $256,000, and applicants reported an average income of $171,000. 54% of applications resulted in an originated loan and 15% were denied. The most active lender was Bangor Savings Bank, with 127 applications, followed by Skowhegan Savings Bank and Mortgage Research Center.

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Years 2025  2024  2023  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 1,146
Total Mortgage Loan Application Amount $293,800,000
Average Mortgage Loan Application Amount $256,000
Highest Mortgage Loan Application Amount $2,335,000
Average Applicant Income $171,000
Highest Applicant Income $8,423,000

Mortgage Company List for Lending in Franklin County, ME for 2025

* 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
Bangor Savings Bank
19 MAINE AVENUE
BANGOR, ME 04401
* $ n/a 127 $ 30,225,000
Skowhegan Savings Bank
13 ELM ST
SKOWHEGAN, ME 04976
* $ n/a 78 $ 22,260,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 43 $ 12,035,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 39 $ 11,375,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 36 $ 10,830,000
Kennebec Savings Bank
150 STATE ST
AUGUSTA, ME 04332
* $ n/a 35 $ 7,055,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 31 $ 10,015,000
University Credit Union
15 MAIN STREET
ORONO, ME 04473
* $ n/a 27 $ 2,985,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 25 $ 7,555,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 25 $ 6,305,000
The Camden National Bank
2 ELM STREET
CAMDEN, ME 04843
* $ n/a 24 $ 4,590,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 23 $ 5,095,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ n/a 21 $ 4,535,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 20 $ 3,250,000
T2 Financial LLC
480 OLDE WORTHINGTON RD SUITE 300
WESTERVILLE, OH 43082
* $ n/a 18 $ 4,270,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 18 $ 6,150,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 17 $ 5,825,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 16 $ 2,570,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 16 $ 2,810,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 16 $ 3,580,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 15 $ 2,325,000
Maine Community Bank
1 INDIA ST
PORTLAND, ME 04101
* $ n/a 14 $ 4,330,000
Peopleschoice Credit Union
23 INDUSTRIAL PARK RD
SACO, ME 04072
* $ n/a 13 $ 5,255,000
Norway Savings Bank
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ n/a 13 $ 4,225,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ n/a 12 $ 3,200,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 11 $ 3,035,000
Maine State Credit Union
200 CAPITOL ST
AUGUSTA, ME 04330
* $ n/a 10 $ 2,590,000
Androscoggin Bank
30 LISBON STREET
LEWISTON, ME 04243
* $ n/a 10 $ 4,250,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 9 $ 965,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 8 $ 1,470,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 8 $ 2,140,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 8 $ 1,410,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 8 $ 2,150,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 7 $ 2,015,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 7 $ 1,285,000
Machias Savings Bank
4 CENTER STREET
MACHIAS, ME 04654
* $ n/a 6 $ 2,170,000
Lighthouse Federal Credit Union
100 BORTHWICK AVE
PORTSMOUTH, NH 03801
* $ n/a 6 $ 980,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 6 $ 520,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 6 $ 600,000
First National Bank
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ n/a 6 $ 1,460,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 5 $ 2,305,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 5 $ 385,000
Total Mortgage Services, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ n/a 5 $ 1,035,000
Truchoice FCU
332 CUMMINGS RD
SOUTH PORTLAND, ME 04106
* $ n/a 5 $ 865,000
Evergreen Credit Union
225 RIVERSIDE STREET
PORTLAND, ME 04103
* $ n/a 5 $ 1,125,000
Cuso Mortgage Corporation
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ n/a 5 $ 1,255,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 5 $ 1,565,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 4 $ 1,400,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 4 $ 1,220,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ n/a 4 $ 1,070,000
Northpoint Mortgage, Inc.
204 TURNPIKE ROAD
STURBRIDGE, MA 01566
* $ n/a 4 $ 1,260,000
Harborone Mortgage, LLC
1045 ELM ST SUITE 601
MANCHESTER, NH 03101
* $ n/a 4 $ 1,150,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ n/a 4 $ 1,420,000
Cornerstone First Mortgage, LLC
2655 CAMINO DEL RIO N #450
SAN DIEGO, CA 92108
* $ n/a 4 $ 1,140,000
Cport Credit Union
PO BOX 777
PORTLAND, ME 04103
* $ n/a 3 $ 535,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ n/a 3 $ 1,095,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ n/a 3 $ 695,000
Passumpsic Bank
25 MR ARTHUR DRIVE
CHESTERFIELD, NH 03466
* $ n/a 3 $ 735,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 3 $ 495,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 3 $ 645,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 3 $ 295,000
Katahdin Trust Company
11 MAIN STREET / PO BOX 450
PATTEN, ME 04765
* $ n/a 3 $ 1,155,000
Citibank, NA

NEW YORK, NY 10012
* $ n/a 3 $ 935,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ n/a 3 $ 465,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 3 $ 1,075,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ n/a 3 $ 725,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ n/a 3 $ 1,305,000
Bar Harbor Bank & Trust
82 MAIN STREET
BAR HARBOR, ME 04609
* $ n/a 3 $ 2,785,000
Luminate Bank
2523 SOUTH WAYZATA BOULEVARD SUITE 100
MINNEAPOLIS, MN 55405
* $ n/a 3 $ 835,000
Maine Savings Federal Credit Union
PO BOX 347
HAMPDEN, ME 04444
* $ n/a 3 $ 665,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ n/a 3 $ 705,000
Cumberland County Federal Credit Union
101 GRAY RD
FALMOUTH, ME 04105
* $ n/a 3 $ 545,000
Megastar Finanacial Corp
1080 CHEROKEE STREET
DENVER, CO 80204
* $ n/a 3 $ 895,000
Mission Loans, LLC

IRVINE, CA 92612
* $ n/a 3 $ 585,000
Service Federal Credit Union
3003 LAFAYETTE ROAD
PORTSMOUTH, NH 03801
* $ n/a 3 $ 725,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ n/a 3 $ 155,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 3 $ 295,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ n/a 3 $ 575,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ n/a 3 $ 275,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 3 $ 755,000
Maine Family Federal Credit Union
555 SABATTUS STREET
LEWISTON, ME 04240
* $ n/a 2 $ 180,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ n/a 2 $ 710,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 2 $ 450,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ n/a 2 $ 1,220,000
Bankesb
36 MAIN STREET
EASTHAMPTON, MA 01027
* $ n/a 2 $ 310,000
Deephaven Mortgage LLC
3530 TORINGDON WAY #200
CHARLOTTE, NC 28277
* $ n/a 2 $ 560,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ n/a 2 $ 240,000
Lendsure Mortgage Corp.
16959 BERNARDO CENTER DR, #102
SAN DIEGO, CA 92128
* $ n/a 2 $ 680,000
Partners Bank of New England
900 MAIN ST
SANFORD, ME 04073
* $ n/a 2 $ 780,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 2 $ 1,160,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 2 $ 530,000
Dirigo Federal Credit Union
391 MAIN STREET
LEWISTON, ME 04243
* $ n/a 2 $ 530,000
Texana Bank
124 E RUSH ST
LINDEN, TX 75563
* $ n/a 2 $ 450,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ n/a 2 $ 640,000
Cake Mortgage Corp.
9200 OAKDALE AVE STE 501
CHATSWORTH, CA 91311
* $ n/a 2 $ 1,550,000
Consumer Real Estate Finance Co dba Society Mortgage
330 SW 2ND ST #111
FORT LAUDERDALE, FL 33312
* $ n/a 2 $ 290,000
Goldman Sachs Bank USA
200 WEST STREET
NEW YORK, NY 10282
* $ n/a 2 $ 2,820,000
Saco & Biddeford Savings Institution
50 INDUSTRIAL PARK ROAD
SACO, ME 04072
* $ n/a 2 $ 730,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ n/a 2 $ 380,000
UBS Bank USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ n/a 1 $ 505,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ n/a 1 $ 155,000
Coastal1 Credit Union
1200 CENTRAL AVENUE
PAWTUCKET, RI 02861
* $ n/a 1 $ 215,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ n/a 1 $ 395,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 1 $ 75,000
Members Mortgage Company Inc
90 MAPLE STREET
STONEHAM, MA 02180
* $ n/a 1 $ 265,000
Rbc Bank (Georgia), N.A.

RALEIGH, NC 27607
* $ n/a 1 $ 405,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ n/a 1 $ 435,000
Farm Credit East Aca
240 SOUTH ROAD
ENFIELD, CT 06082
* $ n/a 1 $ 345,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ n/a 1 $ 125,000
Atlantic Federal Credit Union
PO BOX 188
BRUNSWICK, ME 04011
* $ n/a 1 $ 85,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ n/a 1 $ 25,000
Verus
2001 M STREET SUITE 300
WASHINGTON, DC 20036
* $ n/a 1 $ 305,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ n/a 1 $ 155,000
Town and Country Federal Credi
557 MAIN STREET P.O. BOX 9420
SOUTH PORTLAND, ME 04116
* $ n/a 1 $ 75,000
Northern Mortgage Services, LLC
3714 28TH ST SW
GRANDVILLE, MI 49418
* $ n/a 1 $ 305,000
Champions Funding, LLC
365 E GERMANN RD #140
GILBERT, AZ 85297
* $ n/a 1 $ 205,000
Vista Point Mortgage, LLC
1920 MAIN ST SUITE 200
IRVINE, CA 92614
* $ n/a 1 $ 625,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ n/a 1 $ 435,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ n/a 1 $ 185,000
Loanunited.Com, LLC
3235 SATELLITE BLVD SUITE 314
DULUTH, GA 30096
* $ n/a 1 $ 125,000
Signature Federal Credit Union
12 HERBERT ST.
ALEXANDRIA, VA 22305
* $ n/a 1 $ 135,000
Data Mortgage, Inc

OCALA, FL 34475
* $ n/a 1 $ 235,000
Kennebunk Savings Bank
104 MAIN STREET
KENNEBUNK, ME 04043
* $ n/a 1 $ 235,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ n/a 1 $ 235,000
Sage Home Loans Corporation
1423 RED VENTURES DRIVE SUITE 201
FORT MILL, SC 29707
* $ n/a 1 $ 755,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ n/a 1 $ 55,000
Colorado Federal Savings Bank
8400 E PRENTICE AVE STE 840
ENGLEWOOD, CO 80111
* $ n/a 1 $ 215,000
Fourleaf Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ n/a 1 $ 55,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ n/a 1 $ 595,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ n/a 1 $ 85,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ n/a 1 $ 175,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ n/a 1 $ 205,000
Mid-Island Mortgage Corp.
900 MERCHANTS CONCOURSE, SUITE #112
WESTBURY, NY 11590
* $ n/a 1 $ 155,000
Stifel Bank & Trust
501 NORTH BROADWAY
ST. LOUIS, MO 63102
* $ n/a 1 $ 1,015,000
Mortgage Equity Partners LLC
220 BROADWAY SUITE 205
LYNNFIELD, MA 01940
* $ n/a 1 $ 285,000
Boxcar Mortgage, LLC
664 SEMINOLE AVE NE #101
ATLANTA, GA 30307
* $ n/a 1 $ 505,000
Hometown Equity Mortgage, LLC
25531 COMMERCENTRE DRIVE SUITE 250
LAKE FOREST, CA 92630
* $ n/a 1 $ 525,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ n/a 1 $ 45,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ n/a 1 $ 205,000
Avidia Bank
42 MAIN STREET
HUDSON, MA 01749
* $ n/a 1 $ 295,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ n/a 1 $ 785,000
Genway Home Mortgage, Inc.
3211 INTERNET BOULEVARD, SUITE 300
FRISCO, TX 75034
* $ n/a 1 $ 865,000
Keystone Funding, Inc
519 S RED HAVEN LN
DOVER, DE 19901
* $ n/a 1 $ 155,000
Trademark FCU
44 EDISON DRIVE
AUGUSTA, ME 04330
* $ n/a 1 $ 165,000
Citadel Servicing Corporation
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ n/a 1 $ 125,000
Hanscom Federal Credit Union
1610 EGLIN ST
HANSCOM AFB, MA 01731
* $ n/a 1 $ 55,000
Harborone Bank
770 OAK STREET
BROCKTON, MA 02301
* $ n/a 1 $ 205,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ n/a 1 $ 195,000
Digital Federal Credit Union
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ n/a 1 $ 155,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ n/a 1 $ 345,000
Leader Bank NA
141 MASSACHUSETTS AVENUE
ARLINGTON, MA 02474
* $ n/a 1 $ 145,000
Beeline Loans, Inc.
188 VALLEY ST SUITE 225
PROVIDENCE, RI 02909
* $ n/a 1 $ 185,000
Meredith Village Savings Bank
71 NH-104
MEREDITH, NH 03253
* $ n/a 1 $ 305,000
Brightbridge Credit Union
500 MERRIMACK STREET
LAWRENCE, MA 01843
* $ n/a 1 $ 625,000
Lisbon Community FCU
325 LISBON ST
LISBON, ME 04250-0878, ME 04250
* $ n/a 1 $ 245,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ n/a 1 $ 195,000
Quorum Federal Credit Union
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ n/a 1 $ 205,000
Bath Savings Institution
105 FRONT STREET
BATH, ME 04530
* $ n/a 1 $ 755,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ n/a 1 $ 255,000
Granite State Credit Union
1415 ELM STREET
MANCHESTER, NH 03101
* $ n/a 1 $ 525,000
Ancorum Credit Union
765 WASHINGTON STREET
BATH, ME 04530
* $ n/a 1 $ 25,000
Redwood Residential Acquisition Corporation
1 BELVEDERE PLACE
MILL VALLEY, CA 94951
* $ n/a 1 $ 445,000
Navigant Credit Union
1005 DOUGLAS PIKE
SMITHFIELD, RI 02917
* $ n/a 1 $ 185,000
Homexpress Mortgage Corp.
1936 E DEERE AVE SUITE 200
SANTA ANA, CA 92705
* $ n/a 1 $ 105,000
Valon Mortgage
14647 S 50TH ST, STE A150
PHOENIX, AZ 85044
* $ n/a 1 $ 105,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ n/a 1 $ 205,000

The tables below break down 2025 mortgage applications in Franklin County, ME by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Franklin County, ME in 2025

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 577 $177,095,000 $306,000 $2,335,000 $206,000 $8,423,000
Cash-out Refinancing 210 $50,470,000 $240,000 $2,255,000 $115,000 $1,113,000
Refinancing 133 $36,875,000 $277,000 $1,295,000 $177,000 $865,000
Other Purpose 124 $15,630,000 $126,000 $705,000 $127,000 $864,000
Home Improvement 99 $13,215,000 $133,000 $605,000 $157,000 $2,350,000
Not Applicable 3 $515,000 $171,000 $235,000 $61,000 $61,000

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 874 $220,880,000 $252,000 $2,255,000 $162,000 $2,750,000
Not Provided 115 $29,695,000 $258,000 $2,255,000 $167,000 $2,350,000
Not applicable 109 $31,885,000 $292,000 $2,335,000 $197,000 $889,000
Hispanic 26 $4,910,000 $188,000 $605,000 $100,000 $527,000
Asian 10 $2,350,000 $235,000 $475,000 $249,000 $1,176,000
American Indian or Alaskan Native 6 $1,360,000 $226,000 $505,000 $147,000 $245,000
Black or African American 3 $1,335,000 $445,000 $905,000 $287,000 $692,000
Native Hawaiian or Other Pacific Islander 3 $1,385,000 $461,000 $625,000 $2,928,000 $8,423,000

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) 844 $216,900,000 $256,000 $2,335,000 $186,000 $2,750,000
FHA-insured (Federal Housing Administration) 153 $33,505,000 $218,000 $495,000 $82,000 $379,000
VA-guaranteed (Veterans Administration) 129 $39,375,000 $305,000 $1,075,000 $186,000 $8,423,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 20 $4,020,000 $201,000 $295,000 $81,000 $117,000

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 618 $163,970,000 $265,000 $2,335,000 $192,000 $8,423,000
Application Withdrawn By Applicant 178 $48,950,000 $275,000 $875,000 $174,000 $2,750,000
Application Denied By Financial Institution 175 $37,315,000 $213,000 $2,255,000 $108,000 $1,113,000
Loan Purchased By The Institution 88 $24,930,000 $283,000 $875,000 $195,000 $889,000
File Closed For Incompleteness 53 $11,795,000 $222,000 $1,075,000 $129,000 $1,235,000
Application Approved But Not Accepted 32 $6,260,000 $195,000 $485,000 $170,000 $502,000
Preapproval Approved but not Accepted 2 $580,000 $290,000 $345,000 $62,000 $75,000
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
Not applicable 863 $223,025,000 $258,000 $2,255,000 $174,000 $8,423,000
Debt-To-Income Ratio 174 $49,630,000 $285,000 $2,335,000 $191,000 $2,350,000
Collateral 35 $5,915,000 $169,000 $625,000 $143,000 $512,000
Credit History 32 $4,870,000 $152,000 $565,000 $95,000 $267,000
Credit Application Incomplete 23 $6,105,000 $265,000 $2,005,000 $123,000 $1,113,000
Other 9 $1,875,000 $208,000 $455,000 $148,000 $460,000
Unverifiable Information 5 $995,000 $199,000 $465,000 $70,000 $115,000
Insufficient Cash (Downpayment, Closing Cost) 3 $835,000 $278,000 $545,000 $126,000 $174,000
Employment History 2 $550,000 $275,000 $325,000 $47,000 $83,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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