Hancock County, ME Mortgage Lenders & HMDA Data, 2017

In 2017, lenders reported 2,240 mortgage applications in Hancock County, ME totaling $401.2 million, down 11% from 2016. The average application was for $179,000, and applicants reported an average income of $98,000. 58% of applications resulted in an originated loan and 17% were denied. The most active lender was Bar Harbor Bank & Trust, with 214 applications, followed by Maine Savings Federal Credit Union and The Camden 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 2,240
Total Mortgage Loan Application Amount $401,193,000
Average Mortgage Loan Application Amount $179,000
Highest Mortgage Loan Application Amount $4,245,000
Average Applicant Income $98,000
Highest Applicant Income $2,288,000

Mortgage Company List for Lending in Hancock County, ME for 2017

* 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
* $ 1,754,525,000 214 $ 44,641,000
Maine Savings Federal Credit Union
PO BOX 347
HAMPDEN, ME 04444
* $ 331,241,000 196 $ 29,285,000
The Camden National Bank
2 ELM STREET
CAMDEN, ME 04843
* $ 3,842,089,000 163 $ 30,294,000
Machias Savings Bank
4 CENTER STREET
MACHIAS, ME 04654
* $ 1,269,811,000 150 $ 30,375,000
First National Bank
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ 1,678,542,000 122 $ 20,454,000
Bangor Savings Bank
19 MAINE AVENUE
BANGOR, ME 04401
* $ 3,630,633,000 109 $ 20,866,000
Seaboard Federal Credit Union
PO BOX G, 177 MAIN STREET
BUCKSPORT, ME 04416
* $ 120,207,000 92 $ 6,069,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,727,235,000,000 68 $ 16,793,000
Residential Mortgage Services, Inc.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ -1,000 60 $ 10,756,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 47 $ 8,526,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 269,030,606,000 43 $ 8,492,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,082,803,000,000 37 $ 8,809,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 77,760,914,000 37 $ 7,987,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 134,362,217,000 37 $ 4,568,000
Firstrust Savings Bank
1 WALNUT GROVE DRIVE
HORSHAM, PA 19044
* $ 3,131,868,000 31 $ 7,626,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 29 $ 5,582,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 26 $ 3,854,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 79,775,662,000 25 $ 3,781,000
University Credit Union
15 MAIN STREET
ORONO, ME 04473
* $ 276,038,000 25 $ 3,535,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 24 $ 4,381,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 23 $ 3,769,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 23 $ 4,045,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,677,490,000,000 22 $ 5,282,000
Cuso Mortgage Corporation
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ -1,000 20 $ 2,824,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 20 $ 3,917,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 20 $ 2,855,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 19 $ 3,465,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 17 $ 2,385,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 16 $ 2,172,000
Harborone Mortgage, LLC
1045 ELM ST SUITE 601
MANCHESTER, NH 03101
* $ -1,000 16 $ 3,237,000
Northeast Bank
500 CANAL ST
LEWISTON, ME 04240
* $ 1,012,347,000 15 $ 2,656,000
Mortgage Network, Inc.
99 CONIFER HILL DR
DANVERS, MA 01923
* $ -1,000 15 $ 2,458,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 441,010,095,000 15 $ 2,962,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 14 $ 2,587,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 12 $ 2,154,000
Lendus, LLC
3236 STONE VALLEY ROAD W
ALAMO, CA 94507
* $ 0 12 $ 1,757,000
Brewer Federal Credit Union
229 DIRIGO DR
BREWER, ME 04412
* $ 54,047,000 12 $ 195,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 10 $ 1,951,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 10 $ 1,854,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 10 $ 2,193,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,095,554,000 10 $ 1,923,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 10 $ 728,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 10 $ 1,738,000
Katahdin Trust Company
11 MAIN STREET / PO BOX 450
PATTEN, ME 04765
* $ 753,621,000 10 $ 1,962,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 200,557,635,000 9 $ 91,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 286,080,320,000 7 $ 1,198,000
People's United Bank
850 MAIN STREET
BRIDGEPORT, CT 06604
* $ 40,287,450,000 7 $ 1,963,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 7 $ 1,664,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 21,301,361,000 7 $ 1,943,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ -1,000 7 $ 1,682,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 5 $ 1,153,000
Downeast Credit Union
23 THIRD AVE
BAILEYVILLE, ME 04694
* $ 164,672,000 5 $ 604,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 5 $ 757,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 5 $ 964,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 5 $ 778,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 5 $ 938,000
Infinity Federal Credit Union
202 LARRABEE ROAD
WESTBROOK, ME 04092
* $ 327,589,000 5 $ 851,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 3,275,430,000 5 $ 1,216,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 5 $ 579,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 116,939,799,000 5 $ 865,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 4 $ 616,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 4 $ 247,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 355,999,734,000 4 $ 1,356,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 4 $ 377,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 4 $ 694,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 4 $ 661,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ -1,000 4 $ 460,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 475,515,000 4 $ 717,000
Bangor Federal Credit Union
339 HOGAN ROAD
BANGOR, ME 04401
* $ 144,429,000 4 $ 720,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 3 $ 696,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 214,433,035,000 3 $ 540,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 3 $ 541,000
Ocwen Loan Servicing, LLC
1661 WORTHINGTION ROAD SUITE 100
WEST PALM BEACH, FL 33409
* $ -1,000 3 $ 888,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 3 $ 545,000
Norway Savings Bank
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ 1,092,604,000 3 $ 472,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 91,146,995,000 3 $ 175,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 603,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ -1,000 2 $ 181,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 2 $ 276,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 13,265,339,000 2 $ 220,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,349,581,000,000 2 $ 1,262,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 27,829,056,000 2 $ 384,000
Mid-Continent Funding, Inc.
3401 W BROADWAY BUSINESS PARK CT STE 213
COLUMBIA, MO 65203
* $ 0 2 $ 730,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 32,160,352,000 2 $ 490,000
Santander Bank, N.A.
824 NORTH MARKET STREET, SUITE 100
WILMINGTON, DE 19801
* $ 83,094,906,000 2 $ 533,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 2 $ 382,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 2 $ 200,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 2 $ 363,000
HSBC Bank USA, NA

CHICAGO, IL 60606
* $ 197,206,045,000 2 $ 243,000
Megastar Finanacial Corp
1080 CHEROKEE STREET
DENVER, CO 80204
* $ -1,000 2 $ 258,000
Mb Financial Bank, National Association
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 19,227,800,000 2 $ 656,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 1,027,051,000 2 $ 255,000
Members 1st FCU
5000 LOUISE DRIVE
ENOLA, PA 17025
* $ 3,379,123,000 1 $ 40,000
Banc of California, National Association
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ -1,000 1 $ 120,000
Northpoint Mortgage, Inc.
204 TURNPIKE ROAD
STURBRIDGE, MA 01566
* $ -1,000 1 $ 65,000
UBS Bank USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ 56,935,844,000 1 $ 1,200,000
Franklin First Financial, Ltd
538 BROADHOLLOW ROAD
MELVILLE, NY 11747
* $ -1,000 1 $ 156,000
Northway Bank

CAMDEN, ME 04856
* $ 884,984,000 1 $ 297,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 131,174,000 1 $ 210,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 195,406,000 1 $ 117,000
Lincoln Maine Federal Credit Union
171 W BROADWAY
LINCOLN, ME 04457
* $ 59,162,000 1 $ 130,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 392,980,000 1 $ 8,000
Trademark FCU
44 EDISON DRIVE
AUGUSTA, ME 04330
* $ 84,237,000 1 $ 188,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 1,850,010,000 1 $ 150,000
Forethought Life Insurance Company
10 WEST MARKET STREET STE. 2300
INDIANAPOLIS, IN 46204
* $ -1,000 1 $ 115,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 568,425,000 1 $ 328,000
BNY Mellon, N.A.

BOSTON, MA 02108
* $ 24,452,112,000 1 $ 469,000
Members Mortgage Company Inc
90 MAPLE STREET
STONEHAM, MA 02180
* $ -1,000 1 $ 208,000
Stifel Bank & Trust
501 NORTH BROADWAY
ST. LOUIS, MO 63102
* $ 13,016,049,000 1 $ 1,100,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ -1,000 1 $ 235,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 1 $ 221,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 90,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ -1,000 1 $ 81,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,207,688,000 1 $ 375,000
Mechanics Savings Bank
100 MINOT AVENUE
AUBURN, ME 04210
* $ 382,632,000 1 $ 275,000
Acrisure Mortgage, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ -1,000 1 $ 352,000
Brightbridge Credit Union
500 MERRIMACK STREET
LAWRENCE, MA 01843
* $ 582,376,000 1 $ 100,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 255,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,186,502,000 1 $ 202,000
First Choice Loan Services Inc.
ONE TOWER CENTER, FLOOR #18
EAST BRUNSWICK, NJ 08816
* $ -1,000 1 $ 180,000
Passumpsic Bank
25 MR ARTHUR DRIVE
CHESTERFIELD, NH 03466
* $ -1,000 1 $ 289,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 317,715,000 1 $ 73,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ -1,000 1 $ 62,000
Atlantic Federal Credit Union
PO BOX 188
BRUNSWICK, ME 04011
* $ 331,615,000 1 $ 4,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ 89,030,433,000 1 $ 144,000
First Federal Savings and Loan Assocation of Bath
PO BOX 488
BATH, ME 04530
* $ 124,798,000 1 $ 65,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 11,254,182,000 1 $ 7,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 218,000
Mountainone Bank
93 MAIN STREET
NORTH ADAMS, MA 01247
* $ 857,935,000 1 $ 270,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 252,204,000 1 $ 25,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 1 $ 270,000
First Home Mortgage
6211 GREENLEIGH AVENUE SUITE 300
BALTIMORE, MD 21220
* $ -1,000 1 $ 198,000
Lennar Mortgage, LLC
5505 WATERFORD DISTRICT DRIVE SUITE 505
MIAMI, FL 33126
* $ -1,000 1 $ 650,000
Canandaigua National Bank & Trust
72 SOUTH MAIN ST
CANANDAIGUA, NY 14424
* $ 2,451,408,000 1 $ 200,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 1 $ 5,000
State Departmenet Federal Credit Union
1630 KING STREET
ALEXANDRIA, VA 22314
* $ 1,804,930,000 1 $ 63,000
Kish Bank
4255 EAST MAIN STREET
BELLEVILLE, PA 17004
* $ 722,905,000 1 $ 158,000
Hometown Funding, Inc. D/B/A Cnb Mortgage Company
63 A MONROE AVENUE
PITTSFORD, NY 14534
* $ -1,000 1 $ 200,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,980,496,000 1 $ 178,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ 175,715,000,000 1 $ 424,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 52,958,000,000 1 $ 822,000
New Fed Mortgage Corp.
98 HIGH ST
DANVERS, MA 01923
* $ -1,000 1 $ 256,000

The tables below break down 2017 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 2017

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 1,123 $222,117,000 $197,000 $4,245,000 $112,000 $2,288,000
Refinancing 845 $155,067,000 $183,000 $1,700,000 $83,000 $1,449,000
Home Improvement 272 $24,009,000 $88,000 $1,100,000 $85,000 $1,140,000

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 1,815 $318,284,000 $175,000 $1,700,000 $99,000 $2,288,000
Not Provided 206 $42,302,000 $205,000 $4,245,000 $146,000 $2,204,000
Not applicable 149 $28,220,000 $189,000 $1,180,000 $9,000 $406,000
Hispanic 25 $2,937,000 $117,000 $350,000 $76,000 $505,000
Asian 20 $5,589,000 $279,000 $441,000 $178,000 $315,000
American Indian or Alaskan Native 12 $1,620,000 $135,000 $360,000 $76,000 $270,000
Black or African American 8 $1,749,000 $218,000 $338,000 $77,000 $134,000
Native Hawaiian or Other Pacific Islander 5 $492,000 $98,000 $274,000 $50,000 $88,000

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) 1,747 $320,971,000 $183,000 $4,245,000 $112,000 $2,288,000
FHA-insured (Federal Housing Administration) 212 $31,504,000 $148,000 $382,000 $43,000 $315,000
VA-guaranteed (Veterans Administration) 192 $36,812,000 $191,000 $727,000 $57,000 $378,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 89 $11,906,000 $133,000 $270,000 $37,000 $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 1,298 $242,227,000 $186,000 $4,245,000 $113,000 $2,288,000
Application Denied By Financial Institution 387 $60,487,000 $156,000 $1,290,000 $76,000 $850,000
Application Withdrawn By Applicant 189 $34,096,000 $180,000 $1,170,000 $84,000 $962,000
Loan Purchased By The Institution 171 $30,928,000 $180,000 $424,000 $45,000 $405,000
Application Approved But Not Accepted 124 $20,371,000 $164,000 $1,700,000 $97,000 $1,140,000
File Closed For Incompleteness 71 $13,084,000 $184,000 $464,000 $87,000 $413,000
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
Debt-To-Income Ratio 58 $9,273,000 $159,000 $424,000 $53,000 $183,000
Credit History 54 $5,119,000 $94,000 $280,000 $74,000 $461,000
Collateral 53 $12,411,000 $234,000 $1,290,000 $134,000 $850,000
Credit Application Incomplete 31 $4,515,000 $145,000 $340,000 $96,000 $396,000
Other 17 $2,624,000 $154,000 $333,000 $68,000 $134,000
Employment History 7 $1,051,000 $150,000 $367,000 $54,000 $89,000
Insufficient Cash (Downpayment, Closing Cost) 7 $937,000 $133,000 $369,000 $61,000 $230,000
Unverifiable Information 4 $1,020,000 $255,000 $636,000 $53,000 $67,000
Mortgage Insurance Denied 1 $87,000 $87,000 $87,000 $41,000 $41,000

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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