Hancock County, ME Mortgage Lenders & HMDA Data, 2015

In 2015, lenders reported 2,083 mortgage applications in Hancock County, ME totaling $379.8 million, up 16% from 2014. The average application was for $182,000, and applicants reported an average income of $103,000. 57% of applications resulted in an originated loan and 22% were denied. The most active lender was Bar Harbor Bank & Trust, with 214 applications, followed by The Camden National Bank and First National Bank.

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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 2,083
Total Mortgage Loan Application Amount $379,826,000
Average Mortgage Loan Application Amount $182,000
Highest Mortgage Loan Application Amount $2,611,000
Average Applicant Income $103,000
Highest Applicant Income $9,974,000

Mortgage Company List for Lending in Hancock County, ME for 2015

* 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
Bar Harbor Bank & Trust
82 MAIN STREET
BAR HARBOR, ME 04609
* $ 1,458,456,000 214 $ 41,687,000
The Camden National Bank
2 ELM STREET
CAMDEN, ME 04843
* $ 2,762,686,000 208 $ 32,680,000
First National Bank
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ 1,448,154,000 138 $ 26,762,000
Machias Savings Bank
4 CENTER STREET
MACHIAS, ME 04654
* $ 1,112,734,000 127 $ 20,684,000
Maine Savings Federal Credit Union
PO BOX 347
HAMPDEN, ME 04444
* $ 303,145,000 109 $ 17,786,000
Bangor Savings Bank
19 MAINE AVENUE
BANGOR, ME 04401
* $ 3,110,609,000 108 $ 16,016,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,532,784,000,000 79 $ 15,457,000
Seaboard Federal Credit Union
PO BOX G, 177 MAIN STREET
BUCKSPORT, ME 04416
* $ 110,539,000 76 $ 3,982,000
Cuso Mortgage Corporation
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ 10,000,000 66 $ 9,924,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 64 $ 11,736,000
Residential Mortgage Services, Inc.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ 10,000,000 55 $ 9,504,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 44 $ 6,593,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,074,981,000,000 36 $ 6,412,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 34 $ 7,454,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,574,093,000,000 33 $ 10,434,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 91,782,513,000 33 $ 4,163,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 230,280,000,000 31 $ 5,801,000
Firstrust Savings Bank
1 WALNUT GROVE DRIVE
HORSHAM, PA 19044
* $ 2,608,446,000 30 $ 7,966,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 24 $ 3,718,000
Harborone Mortgage, LLC
1045 ELM ST SUITE 601
MANCHESTER, NH 03101
* $ 100,000,000 22 $ 3,242,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 22 $ 3,119,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 67,301,894,000 22 $ 4,061,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 19 $ 3,178,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 398,978,359,000 18 $ 4,104,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 15 $ 2,202,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 63,635,411,000 14 $ 2,095,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 14 $ 2,352,000
People's United Bank
850 MAIN STREET
BRIDGEPORT, CT 06604
* $ 35,755,742,000 12 $ 3,233,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 182,489,046,000 12 $ 3,073,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,356,442,000,000 12 $ 5,598,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 21,610,491,000 11 $ 2,674,000
Discover Home Loans, Inc
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 83,125,845,000 11 $ 2,241,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 11 $ 2,347,000
Lendus, LLC
3236 STONE VALLEY ROAD W
ALAMO, CA 94507
* $ 10,000,000 11 $ 1,672,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 10 $ 1,593,000
Bangor Federal Credit Union
339 HOGAN ROAD
BANGOR, ME 04401
* $ 130,024,000 10 $ 1,042,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 10 $ 2,304,000
Katahdin Trust Company
11 MAIN STREET / PO BOX 450
PATTEN, ME 04765
* $ 666,408,000 9 $ 1,385,000
Northeast Bank
500 CANAL ST
LEWISTON, ME 04240
* $ 806,585,000 9 $ 1,575,000
University Credit Union
15 MAIN STREET
ORONO, ME 04473
* $ 255,486,000 9 $ 1,628,000
Brewer Federal Credit Union
229 DIRIGO DR
BREWER, ME 04412
* $ 47,566,000 8 $ 275,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 8 $ 1,800,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 8 $ 1,223,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 7 $ 1,407,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 7 $ 752,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 6 $ 841,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 27,356,000,000 6 $ 2,024,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 255,011,219,000 5 $ 742,000
Downeast Credit Union
23 THIRD AVE
BAILEYVILLE, ME 04694
* $ 128,699,000 5 $ 706,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 447,877,000 4 $ 931,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 4 $ 667,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 4 $ 1,038,000
Mld Mortgage, Inc.Dba the Money Store
30 B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ 11,886,522,000 4 $ 596,000
Infinity Federal Credit Union
202 LARRABEE ROAD
WESTBROOK, ME 04092
* $ 270,526,000 4 $ 348,000
UBS Bank USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ 48,481,911,000 4 $ 7,571,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 4 $ 782,000
Tiaa-Cref Trust Company FSB
211 NORTH BROADWAY, STE 1000
ST. LOUIS, MO 63102
* $ 2,458,381,000 3 $ 555,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 102,971,333,000 3 $ 196,000
Mb Financial Bank, National Association
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 9,910,776,000 3 $ 736,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 17,796,419,000 3 $ 931,000
Norwich Commercial Group Inc
38 SECURITY DRIVE
AVON, CT 06001
* $ 17,789,000 3 $ 560,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 3 $ 750,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 3 $ 161,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,281,397,000 3 $ 893,000
Alliance Financial Resources
5410 EAST HIGH STREET SUITE 200
PHOENIX, AZ 85054
* $ 10,000,000 3 $ 298,000
Mortgage Network, Inc.
99 CONIFER HILL DR
DANVERS, MA 01923
* $ 3,700,000 2 $ 525,000
Hanscom Federal Credit Union
1610 EGLIN ST
HANSCOM AFB, MA 01731
* $ 1,083,953,000 2 $ 306,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 2 $ 389,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 278,000
Flagship Financial Group, Llc.
3130 W. MAPLE LOOP DR.
LEHI, UT 84043
* $ 0 2 $ 379,000
First Home Mortgage
6211 GREENLEIGH AVENUE SUITE 300
BALTIMORE, MD 21220
* $ 10,000,000 2 $ 214,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,685,931,000 2 $ 547,000
Cbc National Bank
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 421,354,000 2 $ 470,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 2 $ 757,000
Berkshire Bank

ALBANY, NY 12207
* $ 6,476,905,000 2 $ 242,000
Norway Savings Bank
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ 994,239,000 2 $ 1,668,000
Bath Savings Institution
105 FRONT STREET
BATH, ME 04530
* $ 765,362,000 2 $ 422,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 335,060,015,000 2 $ 2,081,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,808,214,000 2 $ 300,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,888,583,000 2 $ 572,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 2 $ 201,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 395,549,000 2 $ 444,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 214,371,000 2 $ 13,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 2 $ 192,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 93,000
Acrisure Mortgage, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ 12,000,000 1 $ 300,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 1 $ 126,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 1 $ 189,000
United Mortgage Corp.
25 MELVILLE PARK ROAD
MELVILLE, NY 11747
* $ 10,000,000 1 $ 215,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 216,602,000 1 $ 190,000
Truchoice FCU
332 CUMMINGS RD
SOUTH PORTLAND, ME 04106
* $ 103,056,000 1 $ 111,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ 4,464,000 1 $ 117,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 451,471,000 1 $ 25,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,781,238,000 1 $ 102,000
Flagstar Bank
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 9,779,461,000 1 $ 697,000
Lenderlive Network, LLC
710 S ASH
GLENDALE, CO 80246
* $ 17,900,000 1 $ 189,000
Wilmington Savings Fund Society, FSB
500 DELAWARE AVENUE
WILMINGTON, DE 19801
* $ 4,849,015,000 1 $ 172,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ 111,278,000,000 1 $ 322,000
First Republic Bank
111 PINE STREET
SAN FRANCISCO, CA 94111
* $ 48,353,330,000 1 $ 1,105,000
Androscoggin Bank
30 LISBON STREET
LEWISTON, ME 04243
* $ 807,822,000 1 $ 255,000
Maine Community Bank
1 INDIA ST
PORTLAND, ME 04101
* $ 379,774,000 1 $ 155,000
Great Plains National Bank
5909 NW EXPRESSWAY
ELK CITY, OK 73644
* $ 636,758,000 1 $ 177,000
Sanford Institution for Savings
900 MAIN STREET
SANFORD, ME 04073
* $ 453,143,000 1 $ 871,000
Mechanics Savings Bank
100 MINOT AVENUE
AUBURN, ME 04210
* $ 373,647,000 1 $ 221,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ 608,779,509,000 1 $ 270,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 81,661,915,000 1 $ 25,000
First National Bank of Omaha
1620 DODGE STREET
OMAHA, NE 68197
* $ 17,377,985,000 1 $ 113,000
Santander Bank, N.A.
824 NORTH MARKET STREET, SUITE 100
WILMINGTON, DE 19801
* $ 80,472,892,000 1 $ 131,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 71,682,343,000 1 $ 25,000
BNY Mellon, N.A.

BOSTON, MA 02108
* $ 20,938,997,000 1 $ 690,000
Raymond James Bank
710 CARILLON PARKWAY
SAINT PETERSBURG, FL 33716
* $ 13,563,392,000 1 $ 228,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 237,000
Stanford Federal Credit Union
1860 EMBARCADERO ROAD
PALO ALTO, CA 94303
* $ 1,701,553,000 1 $ 293,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 1 $ 242,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 303,000
Msa Mortgage, LLC
5 FREMONT STREET
WINTHROP, MA 02152
* $ 10,000,000 1 $ 242,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 173,000
Advisors Mortgage Group, LLC
1411 HIGHWAY 35
OCEAN, NJ 07712
* $ 18,193,000 1 $ 318,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 203,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 1 $ 104,000
Bank Fund Staff Federal Credit
1725 I STREET NW SUITE 150
WASHINGTON, DC 20006
* $ 4,013,461,000 1 $ 1,070,000
Financial Resources Federal Cr
3040 US HIGHWAY 22 BLDG 2
BRANCHBURG, NJ 08876
* $ 391,013,000 1 $ 135,000
Logix Federal Credit Union
2340 HOLLYWOOD WAY
VALENCIA, CA 91355
* $ 3,950,093,000 1 $ 200,000
Truity Federal Credit Union
501 S JOHNSTONE
BARTLESVILLE, OK 74003
* $ 692,541,000 1 $ 130,000
Platinum Bank
802 W LUMSDEN RD
BRANDON, FL 33511
* $ 496,356,000 1 $ 2,400,000
Passumpsic Bank
25 MR ARTHUR DRIVE
CHESTERFIELD, NH 03466
* $ 306,000,000 1 $ 227,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 232,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 1 $ 127,000
Marketplace Home Mortgage, LLC
7380 FRANCE AVE S, STE 200
EDINA, MN 55435
* $ 34,593,007,000 1 $ 211,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 296,000
Banc of California, National Association
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 5,958,502,000 1 $ 170,000
UBS Ag, Tampa Branch
3000 BAYPORT
TAMPA, FL 33607
* $ 9,378,000 1 $ 329,000
First Federal Savings and Loan Assocation of Bath
PO BOX 488
BATH, ME 04530
* $ 116,222,000 1 $ 208,000
Ks Statebank
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 1,291,449,000 1 $ 417,000
Farm Credit East Aca
240 SOUTH ROAD
ENFIELD, CT 06082
* $ 4,520,676,000 1 $ 250,000
Capital Bank, N.A.
ONE CHURCH ST SUITE 300
ROCKVILLE, MD 20850
* $ 612,661,000 1 $ 222,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 691,345,000 1 $ 89,000
First Seacoast Bank
633 CENTRAL AVENUE
DOVER, NH 03820
* $ 303,505,000 1 $ 115,000
Congressional Federal Credit Union
10461 WHITE GRANITE DRIVE
OAKTON, VA 22124
* $ 812,516,000 1 $ 40,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 162,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 64,000
Katahdin Federal Credit Union
1000 CENTRAL STREET
MILLINOCKET, ME 04462
* $ 67,614,000 1 $ 135,000
Mortgage Equity Partners LLC
220 BROADWAY SUITE 205
LYNNFIELD, MA 01940
* $ 10,000,000 1 $ 84,000

The tables below break down 2015 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 2015

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 922 $177,023,000 $191,000 $2,611,000 $94,000 $2,822,000
Home Purchase 876 $176,036,000 $200,000 $2,400,000 $120,000 $9,974,000
Home Improvement 285 $26,767,000 $93,000 $500,000 $83,000 $1,247,000

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 1,772 $315,996,000 $178,000 $2,611,000 $106,000 $9,974,000
Not Provided 138 $29,574,000 $214,000 $1,628,000 $154,000 $1,200,000
Not applicable 134 $25,908,000 $193,000 $2,400,000 $7,000 $154,000
Asian 12 $2,246,000 $187,000 $323,000 $95,000 $361,000
Hispanic 12 $2,455,000 $204,000 $320,000 $135,000 $399,000
American Indian or Alaskan Native 7 $1,545,000 $220,000 $551,000 $191,000 $450,000
Black or African American 6 $1,729,000 $288,000 $400,000 $70,000 $125,000
Native Hawaiian or Other Pacific Islander 2 $373,000 $186,000 $325,000 $107,000 $164,000

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) 1,678 $314,759,000 $187,000 $2,611,000 $118,000 $9,974,000
FHA-insured (Federal Housing Administration) 154 $23,696,000 $153,000 $616,000 $41,000 $257,000
VA-guaranteed (Veterans Administration) 142 $26,275,000 $185,000 $500,000 $49,000 $265,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 109 $15,096,000 $138,000 $250,000 $34,000 $77,000

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 1,179 $217,801,000 $184,000 $2,611,000 $117,000 $9,974,000
Application Denied By Financial Institution 460 $73,964,000 $160,000 $1,300,000 $96,000 $2,822,000
Application Withdrawn By Applicant 173 $36,411,000 $210,000 $2,611,000 $103,000 $810,000
Loan Purchased By The Institution 139 $23,712,000 $170,000 $697,000 $20,000 $237,000
Application Approved But Not Accepted 69 $14,952,000 $216,000 $900,000 $105,000 $406,000
File Closed For Incompleteness 63 $12,986,000 $206,000 $1,500,000 $96,000 $634,000
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 64 $5,300,000 $82,000 $315,000 $66,000 $499,000
Debt-To-Income Ratio 61 $10,053,000 $164,000 $601,000 $64,000 $263,000
Collateral 51 $10,692,000 $209,000 $1,300,000 $123,000 $885,000
Credit Application Incomplete 21 $3,744,000 $178,000 $387,000 $121,000 $857,000
Other 17 $3,771,000 $221,000 $703,000 $135,000 $689,000
Unverifiable Information 8 $1,711,000 $213,000 $319,000 $69,000 $169,000
Employment History 6 $997,000 $166,000 $250,000 $97,000 $250,000
Insufficient Cash (Downpayment, Closing Cost) 2 $225,000 $112,000 $145,000 $59,000 $118,000
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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