Franklin County ME
Mortgage Loan Application
Totals and Details
for 2016

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 961
Total Mortgage Loan Application Amount $138,647,000
Average Mortgage Loan Application Amount $144,000
Highest Mortgage Loan Application Amount $1,150,000
Average Applicant Income $101,000
Highest Applicant Income $5,300,000

Mortgage Company List for Lending in Franklin County ME for 2016

* 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
* $ 563,533,000 100 $ 15,064,000
BANGOR SAVINGS BANK
19 MAINE AVENUE
BANGOR, ME 04401
* $ 3,304,123,000 97 $ 10,886,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 71 $ 10,019,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 93,038,275,000 40 $ 2,750,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,610,580,000,000 37 $ 6,102,000
TD BANK, NATIONAL ASSOCIATION
2035 LIMESTONE ROAD
WILMINGTON, DE 19808
* $ 246,485,756,000 31 $ 2,853,000
UNIVERSITY CREDIT UNION
15 MAIN STREET
ORONO, ME 04473
* $ 265,709,000 26 $ 3,145,000
MORTGAGE NETWORK, INC.
99 CONIFER HILL DR
DANVERS, MA 01923
* $ 3,700,000 26 $ 4,498,000
THE CAMDEN NATIONAL BANK
2 ELM STREET
CAMDEN, ME 04856
* $ 3,681,225,000 25 $ 3,711,000
RESIDENTIAL MORTGAGE SERVICES, INC.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ 10,000,000 22 $ 3,101,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 22 $ 3,455,000
LENDUS, LLC
3236 STONE VALLEY ROAD W
ALAMO, CA 94507
* $ 10,000,000 21 $ 2,745,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 17 $ 3,801,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 14 $ 2,177,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 14 $ 2,744,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 12 $ 1,856,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 12 $ 1,803,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 11 $ 2,030,000
HARBORONE MORTGAGE, LLC
1045 ELM ST SUITE 601
MANCHESTER, NH 03101
* $ 100,000,000 11 $ 2,115,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 9 $ 1,141,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 9 $ 1,265,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,299,801,000,000 8 $ 1,812,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 7 $ 935,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 7 $ 1,035,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 7 $ 1,144,000
NORWAY SAVINGS BANK
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ 1,025,141,000 7 $ 916,000
NORTHEAST BANK
500 CANAL ST
LEWISTON, ME 04240
* $ 893,445,000 7 $ 896,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 7 $ 1,744,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 7 $ 1,393,000
FIRST NATIONAL BANK
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ 1,530,967,000 6 $ 659,000
ATLANTIC REGIONAL FEDERAL CREDIT UNION
PO BOX 188
BRUSNWICK, ME 04011
* $ 301,105,000 6 $ 858,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 6 $ 1,016,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 5 $ 822,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 5 $ 612,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 5 $ 641,000
PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION
850 MAIN STREET
BRIDGEPORT, CT 06604
* $ 38,450,416,000 5 $ 1,780,000
BATH SAVINGS INSTITUTION
105 FRONT STREET
BATH, ME 04530
* $ 794,075,000 5 $ 717,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 5 $ 712,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 4 $ 709,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 205,125,538,000 4 $ 601,000
HOME LOAN INVESTMENT BANK, F.S.B.
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 224,192,000 4 $ 88,000
DIGITAL FEDERAL CREDIT UNION
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ 6,823,816,000 4 $ 624,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ 10,000,000 4 $ 717,000
MAINE COMMUNITY BANK
254 MAIN STREET
BIDDEFORD, ME 04005
* $ 409,989,000 4 $ 1,078,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ 1,543,699,000 4 $ 534,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 4 $ 636,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 4 $ 114,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 4 $ 362,000
BAR HARBOR BANK & TRUST
82 MAIN STREET
BAR HARBOR, ME 04609
* $ 1,579,046,000 4 $ 495,000
KATAHDIN TRUST COMPANY
11 MAIN STREET / PO BOX 450
PATTEN, ME 04765
* $ 701,669,000 3 $ 510,000
HSBC BANK USA, NATIONAL ASSOCIATION
1800 TYSONS BLVD., SUITE 50
MCLEAN, VA 22102
* $ 183,138,215,000 3 $ 268,000
FAIRWAY INDEPENDENT MORTGAGE CORPORATION
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 3 $ 865,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 3 $ 275,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 3 $ 338,000
MECHANICS SAVINGS BANK
100 MINOT AVENUE
AUBURN, ME 04210
* $ 374,363,000 3 $ 731,000
ANDROSCOGGIN SAVINGS BANK
30 LISBON STREET
LEWISTON, ME 04240
* $ 866,156,000 3 $ 635,000
MAINE SAVINGS FEDERAL CREDIT UNION
PO BOX 347
HAMPDEN, ME 04444
* $ 304,051,000 3 $ 488,000
MACHIAS SAVINGS BANK
4 CENTER STREET
MACHIAS, ME 04654
* $ 1,158,833,000 3 $ 1,180,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 3 $ 55,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 3 $ 412,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 108,064,717,000 2 $ 138,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 2 $ 223,000
FIVE COUNTY
765 WASHINGTON STREET
BATH, ME 04530
* $ 224,008,000 2 $ 229,000
MAINE FAMILY
555 SABATTUS STREET
LEWISTON, ME 04240
* $ 135,267,000 2 $ 160,000
SANFORD INSTITUTION FOR SAVINGS
900 MAIN STREET
SANFORD, ME 04073
* $ 508,144,000 2 $ 283,000
DIRIGO FEDERAL CREDIT UNION
391 MAIN STREET
LEWISTON, ME 04243
* $ 190,786,000 2 $ 201,000
BREWER FEDERAL CREDIT UNION
229 DIRIGO DR
BREWER, ME 04412
* $ 51,597,000 2 $ 169,000
LOW VA RATES, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ 89,030,433,000 2 $ 279,000
NORTHEAST HOME LOAN, LLC
25 MR ARTHUR DRIVE
WEST CHESTERFIELD, NH 03466
* $ 306,000,000 2 $ 316,000
SACO & BIDDEFORD SAVINGS INSTITUTION
50 INDUSTRIAL PARK ROAD
SACO, ME 04072
* $ 861,705,000 2 $ 350,000
1ST ALLIANCE LENDING, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 2 $ 214,000
FBC MORTGAGE, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ 12,000,000 2 $ 318,000
FARM CREDIT EAST, ACA
240 SOUTH ROAD
ENFIELD, CT 06082
* $ 4,520,676,000 2 $ 210,000
FIRST HOME MORTGAGE CORPORATION
5355 NOTTINGHAM DRIVE, SUITE 130
BALTIMORE, MD 21236
* $ 10,000,000 2 $ 260,000
CUSO MORTGAGE CORPORATION
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ 10,000,000 2 $ 202,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 281,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 2,887,863,000 2 $ 393,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 2 $ 490,000
PROSPECT MORTGAGE, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 2 $ 226,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 85,747,508,000 2 $ 238,000
CAPITAL ONE, NATIONAL ASSOCIATION
7933 PRESTON ROAD
PLANO, TX 75024
* $ 273,231,606,000 2 $ 240,000
AUBURN SAVINGS BANK, FSB
256 COURT ST. PO BOX 3157
AUBURN, ME 04210
* $ 71,210,000 2 $ 162,000
MEGASTAR FINANCIAL CORP.
1080 CHEROKEE STREET
DENVER, CO 80205
* $ 10,000,000 1 $ 96,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ 42,331,494,000 1 $ 225,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 240,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 318,361,000 1 $ 320,000
BOKF, NATIONAL ASSOCIATION
ONE WEST 3RD, 5TH FL
TULSA, OK 74103
* $ 31,272,894,000 1 $ 301,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 1 $ 109,000
FORETHOUGHT LIFE INSURANCE CO
10 WEST MARKET STREET STE. 2300
INDIANAPOLIS, IN 46204
* $ 100,000,000 1 $ 87,000
ENVOY MORTGAGE, LTD
5100 WESTHEIMER RD, STE 320
HOUSTON, TX 77056
* $ 10,000,000 1 $ 93,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 1 $ 80,000
DREW MORTGAGE ASSOCIATES, INC.
196 BOSTON TPKE
SHREWSBURY, MA 01545
* $ 3,624,368,000 1 $ 135,000
MEMBERS MORTGAGE COMPANY, INC.
10 CEDAR STREET, SUITE 11
WOBURN, MA 01801
* $ 10,000,000 1 $ 132,000
MLD MORTGAGE INC.
30 B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ 11,886,522,000 1 $ 159,000
KONDAUR CAPITAL CORPORATION
333 S ANITA DR STE 400
ORANGE, CA 92868
* $ 54,713,000 1 $ 83,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
DRAPER, UT 84020
* $ 10,000,000 1 $ 135,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ 10,000,000 1 $ 110,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 1 $ 177,000
GORHAM SAVINGS BANK
10 WENTWORTH DRIVE
GORHAM, ME 04038
* $ 995,830,000 1 $ 475,000
NAVIGANT CREDIT UNION
1005 DOUGLAS PIKE
SMITHFIELD, RI 02917
* $ 1,582,366,000 1 $ 140,000
CPORT
PO BOX 777
PORTLAND, ME 04104
* $ 173,030,000 1 $ 138,000
BANK OF NEW HAMPSHIRE
62 PLEASANT ST
LACONIA, NH 03246
* $ 1,261,136,000 1 $ 48,000
USALLIANCE FEDERAL CREDIT UNION
411 THEODORE FREMD AVE, SUITE 350
RYE, NY 10580
* $ 1,092,874,000 1 $ 66,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 284,507,000 1 $ 258,000
FIRST NATIONAL ACCEPTANCE COMPANY
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 1 $ 20,000
MOUNTAINONE BANK
93 MAIN STREET
NORTH ADAMS, MA 01247
* $ 843,988,000 1 $ 220,000
FIRST INTERNET BANK OF INDIANA
11201 USA PARKWAY
FISHERS, IN 46037
* $ 1,267,342,000 1 $ 78,000
NBKC BANK
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 567,648,000 1 $ 232,000
ALLIED FIRST BANK,SB
3201 ORCHARD RD
OSWEGO, IL 60543
* $ 114,257,000 1 $ 226,000
FORBRIGHT BANK
6701 DEMOCRACY BLVD, SUITE 400
BETHESDA, MD 20817
* $ 504,343,000 1 $ 320,000
ROCKLAND TRUST COMPANY
120 LIBERTY STREET
BROCKTON, MA 02302
* $ 7,207,551,000 1 $ 136,000
LONGBRIDGE FINANCIAL, LLC
ONE INTERNATIONAL BLVD.
MAHWAH, NJ 07495
* $ 9,774,230,000 1 $ 167,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ 100,000,000 1 $ 116,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 194,000
ACCESS NATIONAL BANK
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 1,177,985,000 1 $ 193,000
FIRST MIDWEST BANK
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 9,622,999,000 1 $ 14,000
NORTH AMERICAN SAVINGS BANK, F.S.B.
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,580,860,000 1 $ 355,000
BANGOR FEDERAL CREDIT UNION
339 HOGAN ROAD
BANGOR, ME 04401
* $ 133,324,000 1 $ 230,000
INFINITY FEDERAL CREDIT UNION
202 LARRABEE ROAD
WESTBROOK, ME 04092
* $ 308,775,000 1 $ 76,000
RTN FEDERAL CREDIT UNION
600 MAIN STREET
WALTHAM, MA 02452
* $ 833,656,000 1 $ 100,000
KS STATEBANK
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 1,502,221,000 1 $ 284,000
SANTANDER BANK, N.A.
824 NORTH MARKET STREET, SUITE 100
WILMINGTON, DE 19801
* $ 90,192,245,000 1 $ 115,000
MB FINANCIAL BANK, NATIONAL ASSOCIATION
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 15,536,515,000 1 $ 187,000
EVERGREEN
225 RIVERSIDE STREET
PORTLAND, ME 04103
* $ 239,421,000 1 $ 100,000
SACO VALLEY CREDIT UNION
312 MAIN ST
SACO, ME 04072
* $ 104,061,000 1 $ 113,000
PEOPLESCHOICE CREDIT UNION
23 INDUSTRIAL PARK RD
SACO, ME 04072
* $ 165,728,000 1 $ 375,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 172,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 348,291,098,000 1 $ 506,000
MORGAN STANLEY PRIVATE BANK, NATIONAL ASSOCIATION
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 42,042,000,000 1 $ 441,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 1 $ 90,000

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 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 465 $69,466,000 $149,000 $488,000 $102,000 $1,375,000
Refinancing 423 $65,286,000 $154,000 $1,150,000 $103,000 $5,300,000
Home Improvement 73 $3,895,000 $53,000 $372,000 $78,000 $581,000

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 751 $106,640,000 $141,000 $1,150,000 $107,000 $5,300,000
Not Provided 111 $16,107,000 $145,000 $488,000 $114,000 $676,000
Not applicable 69 $10,782,000 $156,000 $488,000 $4,000 $63,000
American Indian or Alaskan Native 14 $2,425,000 $173,000 $525,000 $58,000 $142,000
Hispanic 11 $1,898,000 $172,000 $503,000 $197,000 $1,375,000
Black or African American 4 $518,000 $129,000 $206,000 $91,000 $160,000
Asian 1 $277,000 $277,000 $277,000 $91,000 $91,000
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) 671 $98,973,000 $147,000 $1,150,000 $127,000 $5,300,000
VA-guaranteed (Veterans Administration) 123 $21,687,000 $176,000 $838,000 $47,000 $179,000
FHA-insured (Federal Housing Administration) 96 $10,448,000 $108,000 $228,000 $36,000 $144,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 71 $7,539,000 $106,000 $206,000 $33,000 $74,000

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 462 $67,502,000 $146,000 $680,000 $117,000 $1,375,000
Application Denied By Financial Institution 257 $32,917,000 $128,000 $1,150,000 $91,000 $5,300,000
Loan Purchased By The Institution 83 $13,098,000 $157,000 $488,000 $23,000 $225,000
Application Withdrawn By Applicant 79 $13,756,000 $174,000 $506,000 $118,000 $1,328,000
Application Approved But Not Accepted 44 $5,873,000 $133,000 $313,000 $109,000 $572,000
File Closed For Incompleteness 36 $5,501,000 $152,000 $378,000 $98,000 $581,000
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 28 $2,045,000 $73,000 $188,000 $50,000 $144,000
Debt-To-Income Ratio 26 $2,744,000 $105,000 $277,000 $68,000 $192,000
Collateral 25 $2,993,000 $119,000 $346,000 $109,000 $378,000
Credit Application Incomplete 15 $2,415,000 $161,000 $355,000 $60,000 $174,000
Other 4 $1,720,000 $430,000 $1,150,000 $383,000 $954,000
Employment History 4 $291,000 $72,000 $117,000 $40,000 $57,000
Unverifiable Information 2 $522,000 $261,000 $441,000 $86,000 $116,000
Insufficient Cash (Downpayment, Closing Cost) 1 $84,000 $84,000 $84,000 $45,000 $45,000
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.

Download the Maine Lender List