Hancock County, ME Mortgage Lenders & HMDA Data, 2014

In 2014, lenders reported 1,802 mortgage applications in Hancock County, ME totaling $316.6 million, down 27% from 2013. The average application was for $175,000, and applicants reported an average income of $98,000. 59% of applications resulted in an originated loan and 21% were denied. The most active lender was The Camden National Bank, with 173 applications, followed by Bar Harbor Bank & Trust and Maine Savings Federal Credit Union.

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Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

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 1,802
Total Mortgage Loan Application Amount $316,559,000
Average Mortgage Loan Application Amount $175,000
Highest Mortgage Loan Application Amount $3,090,000
Average Applicant Income $98,000
Highest Applicant Income $3,148,000

Mortgage Company List for Lending in Hancock County, ME for 2014

* 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 04843
* $ 2,577,201,000 173 $ 24,757,000
Bar Harbor Bank & Trust
82 MAIN STREET
BAR HARBOR, ME 04609
* $ 1,373,072,000 171 $ 37,257,000
Maine Savings Federal Credit Union
PO BOX 347
HAMPDEN, ME 04444
* $ 265,584,000 118 $ 15,901,000
First National Bank
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ 1,430,810,000 112 $ 20,297,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,373,600,000,000 97 $ 22,503,000
Machias Savings Bank
4 CENTER STREET
MACHIAS, ME 04654
* $ 1,043,424,000 93 $ 17,015,000
Bangor Savings Bank
19 MAINE AVENUE
BANGOR, ME 04401
* $ 3,022,776,000 88 $ 12,562,000
Seaboard Federal Credit Union
PO BOX G, 177 MAIN STREET
BUCKSPORT, ME 04416
* $ 109,721,000 59 $ 3,557,000
Residential Mortgage Services, Inc.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ 10,000,000 56 $ 9,262,000
Cuso Mortgage Corporation
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ 10,000,000 51 $ 6,676,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 90,439,767,000 41 $ 5,171,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,945,467,000,000 35 $ 8,325,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 217,626,166,000 32 $ 3,052,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 31 $ 5,693,000
Firstrust Savings Bank
1 WALNUT GROVE DRIVE
HORSHAM, PA 19044
* $ 2,538,013,000 29 $ 8,388,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 28 $ 6,290,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,433,716,000,000 28 $ 10,011,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 27 $ 3,822,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 23 $ 3,104,000
Merrimack Mortgage Company, in
1045 ELM STREET, SUITE 601
MANCHESTER, NH 03101
* $ 10,000,000 18 $ 2,360,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 62,866,954,000 18 $ 3,491,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 179,126,294,000 15 $ 2,779,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 17,638,918,000 15 $ 2,218,000
Discover Home Loans, Inc
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 79,339,664,000 14 $ 2,963,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 55,502,976,000 14 $ 1,898,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,346,747,000,000 12 $ 3,837,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 12 $ 2,344,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 360,478,278,000 11 $ 2,253,000
People's United Bank
850 MAIN STREET
BRIDGEPORT, CT 06604
* $ 32,973,830,000 10 $ 1,326,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 10 $ 2,041,000
University Credit Union
15 MAIN STREET
ORONO, ME 04473
* $ 233,670,000 10 $ 1,087,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 9 $ 1,160,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 9 $ 1,558,000
Ditech Mortgage Corp
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 8 $ 1,795,000
Katahdin Trust Company
11 MAIN STREET / PO BOX 450
PATTEN, ME 04765
* $ 644,934,000 8 $ 1,107,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 7 $ 1,303,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 7 $ 1,157,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 7 $ 1,243,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 309,999,678,000 6 $ 2,626,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 6 $ 986,000
Lendus, LLC
3236 STONE VALLEY ROAD W
ALAMO, CA 94507
* $ 10,000,000 6 $ 815,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 6 $ 1,010,000
The Bank of Maine
2 CANAL PLAZA
PORTLAND, ME 04101
* $ 744,628,000 6 $ 1,041,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,596,388,000 5 $ 568,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 5 $ 941,000
Bangor Federal Credit Union
339 HOGAN ROAD
BANGOR, ME 04401
* $ 127,109,000 5 $ 738,000
Brewer Federal Credit Union
229 DIRIGO DR
BREWER, ME 04412
* $ 47,372,000 5 $ 135,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 5 $ 613,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 5 $ 639,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 4 $ 680,000
Northeast Bank
500 CANAL ST
LEWISTON, ME 04240
* $ 727,258,000 4 $ 786,000
Mortgage Network, Inc.
99 CONIFER HILL DR
DANVERS, MA 01923
* $ 3,700,000 4 $ 704,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 4 $ 434,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 4 $ 281,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 4 $ 922,000
Infinity Federal Credit Union
202 LARRABEE ROAD
WESTBROOK, ME 04092
* $ 266,511,000 4 $ 380,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 4 $ 790,000
Cole Taylor Bank
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 5,662,890,000 4 $ 806,000
Lincoln Maine Federal Credit Union
171 W BROADWAY
LINCOLN, ME 04457
* $ 47,567,000 3 $ 138,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 439,528,000 3 $ 1,147,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 3 $ 444,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ 10,000,000 3 $ 415,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 16,840,840,000 3 $ 280,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 84,362,333,000 3 $ 406,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 3 $ 646,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 3 $ 354,000
National Bank of Kansas City
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 566,962,000 3 $ 864,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,261,678,000 3 $ 355,000
First Republic Bank
111 PINE STREET
SAN FRANCISCO, CA 94111
* $ 42,112,763,000 3 $ 1,960,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 22,971,000,000 3 $ 1,582,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 3 $ 513,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 3 $ 627,000
Roundpoint Mortgage Company
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 2 $ 349,000
Military Family Home Loans, Ll
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 1,102,281,049,000 2 $ 391,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 2,256,102,000 2 $ 451,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 2 $ 273,000
Citizens State Bank
13840 W. NEWBERRY RD
NEWBERRY, FL 32669
* $ 191,437,000 2 $ 27,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 2 $ 834,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 410,770,000 2 $ 558,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 204,003,000 2 $ 13,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 2 $ 404,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ 5,889,539,000 2 $ 254,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 2 $ 367,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 171,261,678,000 2 $ 30,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 59,304,805,000 1 $ 133,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 238,482,903,000 1 $ 430,000
The Northern Trust Co
50 S. LA SALLE
CHICAGO, IL 60603
* $ 102,658,650,000 1 $ 700,000
Allied Mortgage Group, Inc
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ 10,000,000 1 $ 200,000
Northcountry Federal Credit Union
PO BOX 64709
BURLINGTON, VT 05406
* $ 435,318,000 1 $ 40,000
Reverse Mortgage Solutions Inc
14405 WALTERS RD SUITE 200
HOUSTON, TX 77014
* $ 10,978,000 1 $ 165,000
Umassfive College Federal Credit Union
200 WESTGATE CENTER DRIVE, PO BOX 1060
HADLEY, MA 01035
* $ 375,654,000 1 $ 25,000
Penobscot County
205 MAIN ST
OLD TOWN, ME 04468
* $ 50,680,000 1 $ 115,000
First Technology Federal Credit Union

HILLSBORO, OR 97124
* $ 6,533,403,000 1 $ 30,000
Signature Federal Credit Union
12 HERBERT ST.
ALEXANDRIA, VA 22305
* $ 275,524,000 1 $ 110,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 5,569,087,000 1 $ 184,000
Scient Federal Credit Union
60 COLVER AVENUE
GROTON, CT 06340
* $ 227,103,000 1 $ 70,000
Franklin First Financial, Ltd
538 BROADHOLLOW ROAD
MELVILLE, NY 11747
* $ 36,249,000 1 $ 142,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 1 $ 188,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 1 $ 361,000
Dubuque Bank and Trust Company
1398 CENTRAL AVENUE
DUBUQUE, IA 52001
* $ 1,540,049,000 1 $ 155,000
Passumpsic Bank
25 MR ARTHUR DRIVE
CHESTERFIELD, NH 03466
* $ 306,000,000 1 $ 89,000
Salem Five Mortgage Company LLC
210 ESSEX STREET
SALEM, MA 01970
* $ 642,980,000 1 $ 124,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ 826,484,000 1 $ 333,000
Old Line Bank
1525 POINTER RIDGE PLACE
BOWIE, MD 20716
* $ 1,158,312,000 1 $ 120,000
Sanford Institution for Savings
900 MAIN STREET
SANFORD, ME 04073
* $ 455,894,000 1 $ 600,000
Lenderlive Network, LLC
710 S ASH
GLENDALE, CO 80246
* $ 17,900,000 1 $ 225,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 142,000
Nationwide Bank
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 5,573,160,000 1 $ 10,000
Georgetown Bank
2 EAST MAIN STREET
GEORGETOWN, MA 01833
* $ 263,099,000 1 $ 176,000
Ancorum Credit Union
765 WASHINGTON STREET
BATH, ME 04530
* $ 211,222,000 1 $ 119,000
Lake Sunapee Bank
9 MAIN ST
NEWPORT, NH 03773
* $ 1,422,844,000 1 $ 315,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 1 $ 390,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 160,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 385,000
Great Plains National Bank
5909 NW EXPRESSWAY
ELK CITY, OK 73644
* $ 539,275,000 1 $ 213,000
Kennebunk Savings Bank
104 MAIN STREET
KENNEBUNK, ME 04043
* $ 881,806,000 1 $ 310,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 943,388,000 1 $ 107,000
Dirigo Federal Credit Union
391 MAIN STREET
LEWISTON, ME 04243
* $ 179,498,000 1 $ 28,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,361,206,000 1 $ 168,000
Midcoast
186 LOWER MAIN STREET
FREEPORT, ME 04032
* $ 132,834,000 1 $ 106,000
East River Bank
4341 RIDGE AVENUE
PHILADELPHIA, PA 19129
* $ 247,517,000 1 $ 220,000
Mycumortgage
3560 PENTAGON BLVD. SUITE 301
BEAVERCREEK, OH 45431
* $ 1,159,238,000 1 $ 166,000
Schaefer Mortgage Corporation
5 BUTTRICK ROAD
LONDONDERRY, NH 03053
* $ 17,252,000 1 $ 144,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 191,000
Boston Private Bank & Trust Co
TEN POST OFFICE SQUARE
BOSTON, MA 02109
* $ 6,251,540,000 1 $ 460,000
Bankgloucester
160 MAIN STREET
GLOUCESTER, MA 01930
* $ 192,186,000 1 $ 240,000
Enterprise Bank and Trust Company
222 MERRIMACK STREET
LOWELL, MA 01852
* $ 1,849,078,000 1 $ 380,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 168,648,000 1 $ 84,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 1 $ 192,000
Norwich Commercial Group Inc
38 SECURITY DRIVE
AVON, CT 06001
* $ 17,789,000 1 $ 78,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 15,766,346,000 1 $ 52,000
BNY Mellon, N.A.

BOSTON, MA 02108
* $ 17,765,526,000 1 $ 500,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 94,716,980,000 1 $ 304,000
Resmac, Inc.
5400 BROKEN SOUND BLVD #600
BOCA RATON, FL 33487
* $ 5,479,000 1 $ 133,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 224,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 460,000
Weichert Financial Services
225 LITTLETON ROAD
MORRIS PLAINS, NJ 07950
* $ 31,000,000 1 $ 89,000
First National Bank of Layton
1601 N. HILLFIELD ROAD
LAYTON, UT 84041
* $ 253,764,000 1 $ 117,000
Mb Financial Bank NA
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 9,624,027,000 1 $ 625,000
Maine Family Federal Credit Union
555 SABATTUS STREET
LEWISTON, ME 04240
* $ 120,626,000 1 $ 417,000
Truity Federal Credit Union
501 S JOHNSTONE
BARTLESVILLE, OK 74003
* $ 668,544,000 1 $ 120,000

The tables below break down 2014 mortgage applications in Hancock 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 Hancock County, ME in 2014

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 824 $158,050,000 $191,000 $2,980,000 $107,000 $3,148,000
Refinancing 777 $141,944,000 $182,000 $3,090,000 $95,000 $2,812,000
Home Improvement 201 $16,565,000 $82,000 $713,000 $70,000 $328,000

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 1,506 $253,032,000 $168,000 $3,090,000 $103,000 $3,148,000
Not Provided 141 $25,732,000 $182,000 $1,080,000 $116,000 $2,301,000
Not applicable 125 $32,140,000 $257,000 $2,980,000 $8,000 $400,000
Asian 13 $2,492,000 $191,000 $420,000 $132,000 $301,000
Hispanic 9 $2,099,000 $233,000 $887,000 $204,000 $670,000
Black or African American 5 $517,000 $103,000 $266,000 $53,000 $84,000
American Indian or Alaskan Native 2 $300,000 $150,000 $295,000 $89,000 $120,000
Native Hawaiian or Other Pacific Islander 1 $247,000 $247,000 $247,000 $47,000 $47,000

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) 1,487 $266,508,000 $179,000 $3,090,000 $109,000 $3,148,000
FHA-insured (Federal Housing Administration) 130 $18,860,000 $145,000 $485,000 $42,000 $163,000
VA-guaranteed (Veterans Administration) 99 $19,747,000 $199,000 $601,000 $66,000 $233,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 86 $11,444,000 $133,000 $237,000 $32,000 $76,000

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 1,056 $182,803,000 $173,000 $2,980,000 $105,000 $3,148,000
Application Denied By Financial Institution 374 $65,659,000 $175,000 $3,090,000 $75,000 $1,225,000
Loan Purchased By The Institution 132 $20,996,000 $159,000 $485,000 $35,000 $400,000
Application Withdrawn By Applicant 121 $23,031,000 $190,000 $1,080,000 $125,000 $2,301,000
Application Approved But Not Accepted 66 $13,989,000 $211,000 $1,000,000 $122,000 $1,200,000
File Closed For Incompleteness 53 $10,081,000 $190,000 $1,900,000 $171,000 $2,812,000
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 70 $6,228,000 $88,000 $465,000 $66,000 $916,000
Collateral 62 $10,009,000 $161,000 $685,000 $86,000 $350,000
Debt-To-Income Ratio 60 $11,990,000 $199,000 $1,000,000 $67,000 $242,000
Other 15 $3,105,000 $207,000 $625,000 $101,000 $448,000
Credit Application Incomplete 14 $1,500,000 $107,000 $181,000 $72,000 $187,000
Insufficient Cash (Downpayment, Closing Cost) 4 $948,000 $237,000 $417,000 $91,000 $282,000
Unverifiable Information 2 $270,000 $135,000 $150,000 $158,000 $266,000
Employment History 2 $272,000 $136,000 $160,000 $44,000 $52,000
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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