Franklin County ME
Mortgage Loan Application
Totals and Details
for 2011

Find mortgage statistics and lending data for the Franklin County ME metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2021.
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 Franklin 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 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,152
Total Mortgage Loan Application Amount $159,666,000
Average Mortgage Loan Application Amount $138,000
Highest Mortgage Loan Application Amount $748,000
Average Applicant Income $94,000
Highest Applicant Income $1,164,000

Mortgage Company List for Lending in Franklin County ME for 2011

* 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
THE CAMDEN NATIONAL BANK
2 ELM STREET
CAMDEN, ME 04856
* $ 2,281,201,000 116 $ 12,822,000
BANGOR SAVINGS BANK
19 MAINE AVENUE
BANGOR, ME 04401
* $ 2,428,931,000 100 $ 10,308,000
TD BANK, NATIONAL ASSOCIATION
2035 LIMESTONE ROAD
WILMINGTON, DE 19808
* $ 179,970,802,000 91 $ 10,197,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,104,833,000,000 66 $ 9,023,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 63 $ 9,871,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 42 $ 5,690,000
ANDROSCOGGIN SAVINGS BANK
30 LISBON STREET
LEWISTON, ME 04240
* $ 692,928,000 35 $ 5,263,000
ALLY BANK
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 34 $ 5,173,000
LENDUS, LLC
3236 STONE VALLEY ROAD W
ALAMO, CA 94507
* $ 10,000,000 28 $ 3,387,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 27 $ 4,515,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 85,930,126,000 27 $ 3,394,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 26 $ 3,250,000
RELIANT MORTGAGE COMPANY, LLC
100 CUMMINGS CENTER SUITE 303 C
BEVERLY, MA 01915
* $ 10,000,000 25 $ 3,442,000
RESIDENTIAL MORTGAGE SERVICES, INC.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ 10,000,000 24 $ 3,749,000
GMAC MORTGAGE, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 24 $ 3,938,000
UNIVERSITY CREDIT UNION
15 MAIN STREET
ORONO, ME 04473
* $ 194,408,000 23 $ 2,450,000
HOME LOAN CENTER, INC.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 18 $ 2,613,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 16 $ 2,517,000
CUSO MORTGAGE CORPORATION
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ 10,000,000 15 $ 1,663,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 13 $ 1,989,000
THE BANK OF MAINE
2 CANAL PLAZA
PORTLAND, ME 04101
* $ 857,397,000 13 $ 2,129,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 13 $ 1,372,000
SKOWHEGAN SAVINGS BANK
13 ELM ST
SKOWHEGAN, ME 04976
* $ 446,835,000 13 $ 2,111,000
BATH SAVINGS INSTITUTION
105 FRONT STREET
BATH, ME 04530
* $ 588,281,000 12 $ 2,049,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,796,328,000 12 $ 1,275,000
MECHANICS SAVINGS BANK
100 MINOT AVENUE
AUBURN, ME 04210
* $ 303,886,000 11 $ 1,231,000
NORTHEAST BANK
500 CANAL ST
LEWISTON, ME 04240
* $ 639,303,000 10 $ 1,258,000
METLIFE BANK, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 16,490,790,000 9 $ 2,052,000
PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION
850 MAIN STREET
BRIDGEPORT, CT 06604
* $ 24,650,366,000 9 $ 2,425,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 8 $ 1,147,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
DRAPER, UT 84020
* $ 10,000,000 7 $ 752,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,216,291,000,000 7 $ 1,511,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 7 $ 1,217,000
NORWAY SAVINGS BANK
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ 948,018,000 7 $ 1,124,000
MERRIMACK MORTGAGE COMPANY, IN
1045 ELM STREET, SUITE 601
MANCHESTER, NH 03101
* $ 10,000,000 7 $ 1,480,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 6 $ 1,128,000
HOMEOWNERS MORTGAGE OF AMERICA
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 6 $ 829,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 6 $ 893,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 5 $ 537,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 4 $ 875,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 153,341,765,000 4 $ 460,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 4 $ 698,000
MACHIAS SAVINGS BANK
4 CENTER STREET
MACHIAS, ME 04654
* $ 976,293,000 4 $ 405,000
SALEM FIVE MORTGAGE COMPANY, LLC
210 ESSEX STREET
SALEM, MA 01970
* $ 642,980,000 3 $ 421,000
FIVE COUNTY
765 WASHINGTON STREET
BATH, ME 04530
* $ 184,008,000 3 $ 315,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 3 $ 687,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 3 $ 597,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 3 $ 550,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 3 $ 487,000
FIRST HOME MORTGAGE CORPORATION
5355 NOTTINGHAM DRIVE, SUITE 130
BALTIMORE, MD 21236
* $ 10,000,000 2 $ 227,000
MORTGAGE MASTER, INC.
102 ELM STREET
WALPOLE, MA 02081
* $ 11,250,346,000 2 $ 515,000
HSBC BANK USA, NATIONAL ASSOCIATION
1800 TYSONS BLVD., SUITE 50
MCLEAN, VA 22102
* $ 195,101,367,000 2 $ 475,000
MEMBERS MORTGAGE COMPANY, INC.
10 CEDAR STREET, #11
WOBURN, MA 01801
* $ 10,000,000 2 $ 155,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 12,648,357,000 2 $ 369,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 2 $ 135,000
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ 4,464,000 2 $ 219,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 2 $ 324,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 2 $ 296,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 109,283,991,000 2 $ 117,000
AUBURN SAVINGS BANK, FSB
256 COURT ST. PO BOX 3157
AUBURN, ME 04210
* $ 80,506,000 2 $ 390,000
FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF BATH
PO BOX 488
BATH, ME 04530
* $ 111,341,000 2 $ 488,000
ADMIRALS BANK
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 341,542,000 2 $ 40,000
CHARLES SCHWAB BANK, SSB
2360 CORPORATE CIRCLE
HENDERSON, NV 89074
* $ 56,866,447,000 2 $ 550,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 254,825,730,000 2 $ 255,000
CPORT
PO BOX 777
PORTLAND, ME 04104
* $ 127,150,000 2 $ 239,000
DIGITAL FEDERAL CREDIT UNION
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ 3,650,782,000 2 $ 893,000
INFINITY FEDERAL CREDIT UNION
202 LARRABEE ROAD
WESTBROOK, ME 04092
* $ 238,568,000 2 $ 113,000
FIRST STATE MORTGAGE SERVICES, LLC
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 2 $ 677,000
GRAYSTONE TOWER BANK
1826 GOOD HOPE RD
ENOLA, PA 17025
* $ 2,745,490,000 2 $ 283,000
OCEAN COMMUNITIES FEDERAL CREDIT UNION
1 POOL ST
BIDDEFORD, ME 04005
* $ 139,447,000 2 $ 484,000
YORK COUNTY FEDERAL CREDIT UNION
1516 MAIN STREET
SANFORD, ME 04073
* $ 193,433,000 2 $ 230,000
SANFORD INSTITUTION FOR SAVINGS
900 MAIN STREET
SANFORD, ME 04073
* $ 427,603,000 2 $ 228,000
DOVER MORTGAGE COMPANY
PO BOX 1626
ASHEBORO, NC 27204
* $ 1,817,511,000 2 $ 388,000
SACO & BIDDEFORD SAVINGS INSTITUTION
50 INDUSTRIAL PARK ROAD
SACO, ME 04072
* $ 751,586,000 2 $ 382,000
MAINE COMMUNITY BANK
254 MAIN STREET
BIDDEFORD, ME 04005
* $ 314,351,000 1 $ 118,000
BORDER TRUST COMPANY
227 WATER STREET
AUGUSTA, ME 04330
* $ 54,379,000 1 $ 128,000
SOUTH COASTAL BANK
279 UNION STREET
ROCKLAND, MA 02370
* $ 257,688,000 1 $ 150,000
SAGE BANK
18 HURD STREET
LOWELL, MA 01852
* $ 115,515,000 1 $ 64,000
PROFICIO BANK
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 147,635,000 1 $ 145,000
TALMER BANK AND TRUST
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 1,691,253,000 1 $ 278,000
ACCESS NATIONAL MORTGAGE CORP
1800 ROBERT FULTON DR, SUITE 350
RESTON, VA 20191
* $ 10,000,000 1 $ 127,000
KATAHDIN TRUST COMPANY
11 MAIN STREET / PO BOX 450
PATTEN, ME 04765
* $ 508,978,000 1 $ 153,000
KENNEBUNK SAVINGS BANK
104 MAIN STREET
KENNEBUNK, ME 04043
* $ 795,394,000 1 $ 120,000
DUBUQUE BANK AND TRUST COMPANY
1398 CENTRAL AVENUE
DUBUQUE, IA 52001
* $ 1,131,561,000 1 $ 118,000
MIDCOAST
186 LOWER MAIN STREET
FREEPORT, ME 04032
* $ 117,870,000 1 $ 150,000
MAINE SAVINGS FEDERAL CREDIT UNION
PO BOX 347
HAMPDEN, ME 04444
* $ 219,016,000 1 $ 81,000
XCEED FINANCIAL
888 N. NASH ST
EL SEGUNDO, CA 90245
* $ 721,020,000 1 $ 227,000
SUN EAST FEDERAL CREDIT UNION
4500 PENNELL ROAD
ASTON, PA 19014
* $ 411,718,000 1 $ 180,000
TOWN & COUNTRY FEDERAL CREDIT UNION
557 MAIN STREET P.O. BOX 9420
SOUTH PORTLAND, ME 04116
* $ 207,880,000 1 $ 64,000
SEBASTICOOK VALLEY FEDERAL CREDIT UNION
PO BOX 10
PITTSFIELD, ME 04967
* $ 62,657,000 1 $ 100,000
CUMBERLAND COUNTY
101 GRAY RD
FALMOUTH, ME 04105
* $ 136,666,000 1 $ 55,000
COASTWAY COMMUNITY BANK
ONE COASTWAY BLVD
WARWICK, RI 02886
* $ 309,331,000 1 $ 182,000
AVIDIA BANK
42 MAIN STREET
HUDSON, MA 01749
* $ 993,626,000 1 $ 281,000
NORTHEAST HOME LOAN, LLC
25 MR ARTHUR DRIVE
WEST CHESTERFIELD, NH 03466
* $ 306,000,000 1 $ 214,000
SEASONS FEDERAL CREDIT UNION
524 SOUTH MAIN ST
MIDDLETOWN, CT 06457
* $ 111,111,000 1 $ 229,000
EVERGREEN
225 RIVERSIDE STREET
PORTLAND, ME 04103
* $ 208,838,000 1 $ 92,000
PEOPLESCHOICE CREDIT UNION
23 INDUSTRIAL PARK RD
SACO, ME 04072
* $ 120,807,000 1 $ 267,000
MORTGAGE NETWORK, INC.
99 CONIFER HILL DR
DANVERS, MA 01923
* $ 3,700,000 1 $ 300,000
POLI MORTGAGE GROUP, INC.
780 DEDHAM STREET
CANTON, MA 02021
* $ 7,525,858,000 1 $ 200,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 31,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 44,423,207,000 1 $ 96,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 15,104,501,000 1 $ 70,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 91,413,704,000 1 $ 140,000
US BK NA ND
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,955,059,000 1 $ 138,000
FIRST PLACE BANK
185 EAST MARKET
WARREN, OH 44481
* $ 3,162,456,000 1 $ 232,000
CARNEGIE MORTGAGE
2297 STATE HIGHWAY 33
HAMILTON SQUARE, NJ 08690
* $ 193,976,000 1 $ 98,000
MUTUAL OF OMAHA BANK
3333 FARNAM ST
OMAHA, NE 68131
* $ 4,876,840,000 1 $ 176,000
COLONIAL SAVINGS, F.A.
P O BOX 2988
FORT WORTH, TX 76113
* $ 1,054,163,000 1 $ 82,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 1 $ 55,000
ONEMAIN FINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 0 1 $ 28,000
FARMERS BANK AND TRUST NA
1017 HARRISON
GREAT BEND, KS 67530
* $ 665,875,000 1 $ 97,000
NATIONAL BANK OF KANSAS CITY
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 652,138,000 1 $ 199,000
ACCESS NATIONAL BANK
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 830,474,000 1 $ 113,000
LEADER BANK, NATIONAL ASSOCIATION
141 MASSACHUSETTS AVENUE
ARLINGTON, MA 02474
* $ 365,735,000 1 $ 135,000
FIRST CENTURY BANK, NATIONAL ASSOCIATION
807 DORSEY ST
GAINESVILLE, GA 30501
* $ 72,051,000 1 $ 67,000
ROUNDPOINT MORTGAGE COMPANY
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 1 $ 317,000
JAMES B. NUTTER & CO.
4153 BROADWAY
KANSAS CITY, MO 64111
* $ 31,000,000 1 $ 133,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 1 $ 143,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 1 $ 210,000
MEGASTAR FINANCIAL
1080 CHEROKEE ST
DENVER, CO 80204
* $ 10,000,000 1 $ 64,000
MLD MORTGAGE INC.
30B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ 10,000,000 1 $ 166,000
CREDIT UNION MORTGAGE ASSOCIATION, INC.
10800 MAIN STREET
FAIRFAX, VA 22030
* $ 435,000,000 1 $ 147,000
STERLING NATL MTGE CO., INC
98 CUTTERMILL RD
GREAT NECK, NY 11021
* $ 964,388,000 1 $ 228,000
ALLIED MORTGAGE GROUP, INC.
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ 10,000,000 1 $ 153,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 210,000
GATEWAY FUNDING DMS, LP
300 WELSH ROAD, BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 1 $ 227,000
ALLQUEST HOME MORTGAGE CORPORA
6110 PINEMONT DR, STE 220
HOUSTON, TX 77092
* $ 10,000,000 1 $ 178,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 233,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 190,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 48,000
LSI MORTGAGE PLUS
6470 E JOHNS CROSSING STE 400
DULUTH, GA 30097
* $ 1,704,000 1 $ 258,000

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 Franklin County ME in 2011

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 693 $105,248,000 $151,000 $748,000 $99,000 $1,164,000
Home Purchase 356 $48,720,000 $136,000 $578,000 $97,000 $833,000
Home Improvement 103 $5,698,000 $55,000 $402,000 $55,000 $275,000

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 905 $122,300,000 $135,000 $748,000 $99,000 $833,000
Not Provided 131 $19,645,000 $149,000 $404,000 $118,000 $1,164,000
Not applicable 100 $15,612,000 $156,000 $417,000 $19,000 $261,000
American Indian or Alaskan Native 5 $631,000 $126,000 $178,000 $77,000 $176,000
Hispanic 5 $626,000 $125,000 $278,000 $157,000 $510,000
Asian 3 $574,000 $191,000 $312,000 $108,000 $231,000
Black or African American 3 $278,000 $92,000 $127,000 $69,000 $86,000
Native Hawaiian 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) 901 $127,284,000 $141,000 $748,000 $108,000 $1,164,000
FHA-insured (Federal Housing Administration) 135 $17,839,000 $132,000 $266,000 $47,000 $179,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 65 $7,620,000 $117,000 $181,000 $38,000 $74,000
VA-guaranteed (Veterans Administration) 51 $6,923,000 $135,000 $307,000 $46,000 $286,000

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 561 $75,988,000 $135,000 $417,000 $115,000 $833,000
Application Denied By Financial Institution 234 $29,501,000 $126,000 $748,000 $83,000 $1,164,000
Loan Purchased By The Institution 162 $24,459,000 $150,000 $417,000 $43,000 $341,000
Application Withdrawn By Applicant 106 $15,984,000 $150,000 $349,000 $87,000 $364,000
Application Approved But Not Accepted 56 $8,982,000 $160,000 $560,000 $107,000 $547,000
File Closed For Incompleteness 33 $4,752,000 $144,000 $336,000 $84,000 $250,000
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
Collateral 57 $9,522,000 $167,000 $578,000 $118,000 $619,000
Credit History 50 $4,016,000 $80,000 $319,000 $81,000 $1,164,000
Debt-To-Income Ratio 43 $4,854,000 $112,000 $250,000 $53,000 $183,000
Credit Application Incomplete 21 $3,389,000 $161,000 $748,000 $108,000 $599,000
Other 19 $2,222,000 $116,000 $240,000 $77,000 $300,000
Unverifiable Information 7 $678,000 $96,000 $254,000 $41,000 $125,000
Employment History 4 $710,000 $177,000 $229,000 $61,000 $143,000
Insufficient Cash (Downpayment, Closing Cost) 3 $302,000 $100,000 $125,000 $95,000 $180,000
Mortgage Insurance Denied 1 $199,000 $199,000 $199,000 $286,000 $286,000

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