Hancock County, ME Mortgage Lenders & HMDA Data, 2024

In 2024, lenders reported 2,318 mortgage applications in Hancock County, ME totaling $611.8 million, up 19% from 2023. The average application was for $263,000, and applicants reported an average income of $162,000. 60% of applications resulted in an originated loan and 18% were denied. The most active lender was Bar Harbor Bank & Trust, with 191 applications, followed by Bangor Savings Bank and The Camden National Bank.

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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 2,318
Total Mortgage Loan Application Amount $611,830,000
Average Mortgage Loan Application Amount $263,000
Highest Mortgage Loan Application Amount $7,505,000
Average Applicant Income $162,000
Highest Applicant Income $5,195,000

Mortgage Company List for Lending in Hancock County, ME for 2024

* 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
* $ n/a 191 $ 51,095,000
Bangor Savings Bank
19 MAINE AVENUE
BANGOR, ME 04401
* $ n/a 189 $ 40,755,000
The Camden National Bank
2 ELM STREET
CAMDEN, ME 04843
* $ n/a 186 $ 44,490,000
Machias Savings Bank
4 CENTER STREET
MACHIAS, ME 04654
* $ n/a 180 $ 62,620,000
Maine Savings Federal Credit Union
PO BOX 347
HAMPDEN, ME 04444
* $ n/a 174 $ 29,190,000
First National Bank
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ n/a 151 $ 45,885,000
Seaboard Federal Credit Union
PO BOX G, 177 MAIN STREET
BUCKSPORT, ME 04416
* $ n/a 98 $ 9,600,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 63 $ 16,985,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 52 $ 17,320,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 45 $ 12,385,000
Cuso Mortgage Corporation
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ n/a 45 $ 13,105,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 38 $ 10,550,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 37 $ 3,625,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 36 $ 11,040,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ n/a 36 $ 7,520,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 30 $ 4,770,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 27 $ 8,315,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 25 $ 8,035,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 25 $ 3,995,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 24 $ 9,460,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 22 $ 1,410,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 21 $ 6,205,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 19 $ 8,275,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ n/a 19 $ 6,785,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 17 $ 4,375,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ n/a 17 $ 2,725,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 16 $ 5,240,000
Keystone Funding, Inc
519 S RED HAVEN LN
DOVER, DE 19901
* $ n/a 15 $ 5,645,000
Total Mortgage Services, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ n/a 15 $ 4,485,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 14 $ 7,790,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 14 $ 7,990,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 14 $ 3,380,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 13 $ 975,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 12 $ 3,430,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 10 $ 2,490,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 10 $ 2,050,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 10 $ 3,270,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 9 $ 2,775,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 9 $ 2,705,000
University Credit Union
15 MAIN STREET
ORONO, ME 04473
* $ n/a 9 $ 2,315,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ n/a 8 $ 6,330,000
Amerant Mortgage LLC
226 N KENTUCKY AVE
LAKELAND, FL, FL 33801
* $ n/a 8 $ 2,340,000
Acadia Federal Credit Union
9 E MAIN ST
FORT KENT, ME 04743
* $ n/a 8 $ 630,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 8 $ 1,420,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 7 $ 1,185,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 7 $ 1,035,000
Citibank, NA

NEW YORK, NY 10012
* $ n/a 7 $ 4,885,000
Norway Savings Bank
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ n/a 7 $ 1,445,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 6 $ 1,330,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ n/a 6 $ 1,330,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 6 $ 1,470,000
Androscoggin Bank
30 LISBON STREET
LEWISTON, ME 04243
* $ n/a 6 $ 1,960,000
Kennebec Savings Bank
150 STATE ST
AUGUSTA, ME 04332
* $ n/a 6 $ 1,160,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 6 $ 900,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ n/a 6 $ 1,310,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 5 $ 565,000
Northern Mortgage Services, LLC
3714 28TH ST SW
GRANDVILLE, MI 49418
* $ n/a 5 $ 1,795,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ n/a 5 $ 2,075,000
Katahdin Trust Company
11 MAIN STREET / PO BOX 450
PATTEN, ME 04765
* $ n/a 5 $ 1,655,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ n/a 5 $ 1,725,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 5 $ 1,585,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 5 $ 1,455,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 5 $ 1,595,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 5 $ 1,705,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 5 $ 1,195,000
Nextmortgage, LLC
3160 CROW CANYON RD
SAN RAMON, CA 94583
* $ n/a 4 $ 1,360,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 4 $ 1,240,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ n/a 4 $ 2,060,000
Firstrust Savings Bank
1 WALNUT GROVE DRIVE
HORSHAM, PA 19044
* $ n/a 3 $ 535,000
Ixonia Bank
W1046 MARIETTA AVE
IXONIA, WI 53036
* $ n/a 3 $ 635,000
Ally Bank

CHARLOTTE, NC 28202
* $ n/a 3 $ 835,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ n/a 3 $ 785,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ n/a 3 $ 495,000
Arc Home LLC

MOORESTOWN, NJ 08057
* $ n/a 3 $ 1,285,000
Passumpsic Bank
25 MR ARTHUR DRIVE
CHESTERFIELD, NH 03466
* $ n/a 3 $ 1,045,000
Partners Bank of New England
900 MAIN ST
SANFORD, ME 04073
* $ n/a 3 $ 925,000
Harborone Mortgage, LLC
1045 ELM ST SUITE 601
MANCHESTER, NH 03101
* $ n/a 3 $ 1,325,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ n/a 3 $ 1,475,000
Truchoice FCU
332 CUMMINGS RD
SOUTH PORTLAND, ME 04106
* $ n/a 3 $ 335,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ n/a 3 $ 705,000
Northpoint Mortgage, Inc.
204 TURNPIKE ROAD
STURBRIDGE, MA 01566
* $ n/a 3 $ 915,000
Farm Credit East Aca
240 SOUTH ROAD
ENFIELD, CT 06082
* $ n/a 3 $ 835,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ n/a 2 $ 1,220,000
Downeast Credit Union
23 THIRD AVE
BAILEYVILLE, ME 04694
* $ n/a 2 $ 810,000
Fourleaf Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ n/a 2 $ 710,000
Interstate Home Loan Center, Inc.
40 MARCUS DRIVE SUITE 100
MELVILLE, NY 11747
* $ n/a 2 $ 340,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ n/a 2 $ 280,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ n/a 2 $ 430,000
State Departmenet Federal Credit Union
1630 KING STREET
ALEXANDRIA, VA 22314
* $ n/a 2 $ 660,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ n/a 2 $ 380,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ n/a 2 $ 580,000
Bangor Federal Credit Union
339 HOGAN ROAD
BANGOR, ME 04401
* $ n/a 2 $ 150,000
The Northern Trust Co
50 S. LA SALLE
CHICAGO, IL 60603
* $ n/a 2 $ 850,000
Rpe Home, Inc
1312 17TH STREET SUITE 71618
DENVER, CO 80202
* $ n/a 2 $ 320,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ n/a 2 $ 790,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ n/a 2 $ 1,090,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 2 $ 640,000
Service Federal Credit Union
3003 LAFAYETTE ROAD
PORTSMOUTH, NH 03801
* $ n/a 2 $ 270,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ n/a 2 $ 570,000
Data Mortgage, Inc

OCALA, FL 34475
* $ n/a 2 $ 450,000
Skowhegan Savings Bank
13 ELM ST
SKOWHEGAN, ME 04976
* $ n/a 2 $ 920,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 2 $ 340,000
Lighthouse Federal Credit Union
100 BORTHWICK AVE
PORTSMOUTH, NH 03801
* $ n/a 2 $ 640,000
UBS Bank USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ n/a 2 $ 2,810,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ n/a 1 $ 65,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ n/a 1 $ 465,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ n/a 1 $ 25,000
Mascoma Bank
243 SYKES MOUNTAIN AVE BOX 4399
LEBANON, NH 03766
* $ n/a 1 $ 145,000
Southwest Airlines FCU
2340 SHORECREST
DALLAS, TX 75235
* $ n/a 1 $ 285,000
Rockland Trust Bank
288 UNION STREET
ROCKLAND, MA 02370
* $ n/a 1 $ 295,000
Ussfcu
2750 EISENHOWER AVENUE
ALEXANDRIA, VA 22314
* $ n/a 1 $ 245,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ n/a 1 $ 115,000
Cumberland County Federal Credit Union
101 GRAY RD
FALMOUTH, ME 04105
* $ n/a 1 $ 25,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ n/a 1 $ 255,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ n/a 1 $ 155,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ n/a 1 $ 205,000
First Seacoast Bank
633 CENTRAL AVENUE
DOVER, NH 03820
* $ n/a 1 $ 1,385,000
Hanscom Federal Credit Union
1610 EGLIN ST
HANSCOM AFB, MA 01731
* $ n/a 1 $ 135,000
Atlantic Federal Credit Union
PO BOX 188
BRUNSWICK, ME 04011
* $ n/a 1 $ 55,000
Conventus Lending LLC
111 POTRERO AVE
SAN FRANCISCO, CA 94104
* $ n/a 1 $ 445,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ n/a 1 $ 115,000
Go Mortgage, LLC

COLUMBUS, OH 43219
* $ n/a 1 $ 285,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ n/a 1 $ 395,000
Trademark FCU
44 EDISON DRIVE
AUGUSTA, ME 04330
* $ n/a 1 $ 95,000
Evolve Bank & Trust
6000 POPLAR AVENUE SUITE 300
MEMPHIS, TN 38119
* $ n/a 1 $ 325,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ n/a 1 $ 135,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ n/a 1 $ 225,000
American Heritage Federal Credit Union
2060 RED LION RD
PHILADELPHIA, PA 19115
* $ n/a 1 $ 175,000
Bath Savings Institution
105 FRONT STREET
BATH, ME 04530
* $ n/a 1 $ 405,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ n/a 1 $ 525,000
City National Bank
555 S FLOWER ST
LOS ANGELES, CA 90071
* $ n/a 1 $ 185,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ n/a 1 $ 205,000
Northway Bank

CAMDEN, ME 04856
* $ n/a 1 $ 1,245,000
Potomac Bank
111 EAST WASHINGTON ST
CHARLES TOWN, WV 00000
* $ n/a 1 $ 755,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ n/a 1 $ 145,000
Belmont Savings Bank
PO BOX 654
BELLAIRE, OH 43906
* $ n/a 1 $ 305,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ n/a 1 $ 765,000
Gorham Savings Bank
10 WENTWORTH DRIVE
GORHAM, ME 04038
* $ n/a 1 $ 1,005,000
Central One Federal Credit Union
714 MAIN ST
SHREWSBURY, MA 01545
* $ n/a 1 $ 305,000
Maine Family Federal Credit Union
555 SABATTUS STREET
LEWISTON, ME 04240
* $ n/a 1 $ 185,000
Mit Federal Credit Union
700 TECHNOLOGY SQUARE
LEXINGTON, MA 02421
* $ n/a 1 $ 555,000
Nbt Bank NA
52 S BROAD ST
NORWICH, NY 13815
* $ n/a 1 $ 305,000
Leader Bank NA
141 MASSACHUSETTS AVENUE
ARLINGTON, MA 02474
* $ n/a 1 $ 375,000
A&D Mortgage LLC
899 W. CYPRESS CREEK ROAD
FT. LAUDERDALE, FL 33309
* $ n/a 1 $ 195,000
American Heritage Lending, LLC
19800 MACARTHUR BLVD SUITE 950
IRVINE, CA 92612
* $ n/a 1 $ 645,000
Traditional Mortgage Acceptance Corporation
777 108TH AVE NE #1670
BELLEVUE, WA 98004
* $ n/a 1 $ 245,000
Honda Federal Credit Union

MARYSVILLE, OH 43040
* $ n/a 1 $ 125,000
Chartway FCU
5700 CLEVELAND STREET
VIRGINIA BEACH, VA 23462
* $ n/a 1 $ 35,000
BNY Mellon, N.A.

BOSTON, MA 02108
* $ n/a 1 $ 2,505,000
United Mortgage Corp.
25 MELVILLE PARK ROAD
MELVILLE, NY 11747
* $ n/a 1 $ 2,005,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ n/a 1 $ 155,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ n/a 1 $ 205,000
Goprime Mortgage, Inc.
320 N SALEM STREET
APEX, NC 27502
* $ n/a 1 $ 585,000
Homexpress Mortgage Corp.
1936 E DEERE AVE SUITE 200
SANTA ANA, CA 92705
* $ n/a 1 $ 185,000
The County Federal Creditunion
82 BENNETT DR
CARIBOU, ME 04736
* $ n/a 1 $ 85,000
Tammac Holdings Corporation
480 SWEDESFORD ROAD SUITE 200
WAYNE, PA 19087
* $ n/a 1 $ 135,000
Cport Credit Union
PO BOX 777
PORTLAND, ME 04103
* $ n/a 1 $ 155,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ n/a 1 $ 435,000
Ardent Federal Credit Union
1500 SPRING GARDEN ST. SUITE 500
PHILADELPHIA, PA 19102
* $ n/a 1 $ 1,055,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ n/a 1 $ 235,000

The tables below break down 2024 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 2024

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 1,004 $381,920,000 $380,000 $7,505,000 $193,000 $3,077,000
Cash-out Refinancing 402 $74,090,000 $184,000 $1,705,000 $96,000 $554,000
Home Improvement 368 $43,160,000 $117,000 $1,045,000 $142,000 $2,865,000
Other Purpose 334 $57,430,000 $171,000 $2,505,000 $177,000 $5,151,000
Refinancing 207 $55,065,000 $266,000 $2,855,000 $169,000 $5,195,000
Not Applicable 3 $165,000 $55,000 $75,000 $0 $0

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 1,777 $416,455,000 $234,000 $3,995,000 $156,000 $3,826,000
Not Provided 260 $77,400,000 $297,000 $2,855,000 $194,000 $5,195,000
Not applicable 176 $85,520,000 $485,000 $7,505,000 $191,000 $343,000
Asian 42 $13,460,000 $320,000 $855,000 $215,000 $811,000
Hispanic 36 $12,870,000 $357,000 $1,405,000 $171,000 $859,000
Black or African American 13 $3,865,000 $297,000 $485,000 $138,000 $323,000
American Indian or Alaskan Native 12 $1,990,000 $165,000 $455,000 $113,000 $286,000
Native Hawaiian or Other Pacific Islander 2 $270,000 $135,000 $245,000 $76,000 $84,000

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) 2,001 $526,615,000 $263,000 $7,505,000 $171,000 $5,195,000
FHA-insured (Federal Housing Administration) 158 $36,000,000 $227,000 $485,000 $81,000 $249,000
VA-guaranteed (Veterans Administration) 138 $44,700,000 $323,000 $905,000 $111,000 $450,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 21 $4,515,000 $215,000 $315,000 $76,000 $107,000

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 1,382 $368,730,000 $266,000 $7,505,000 $165,000 $5,195,000
Application Denied By Financial Institution 422 $86,240,000 $204,000 $1,845,000 $129,000 $3,826,000
Application Withdrawn By Applicant 281 $87,155,000 $310,000 $2,005,000 $188,000 $3,143,000
Loan Purchased By The Institution 105 $33,145,000 $315,000 $1,435,000 $146,000 $343,000
File Closed For Incompleteness 70 $18,710,000 $267,000 $905,000 $187,000 $1,350,000
Application Approved But Not Accepted 58 $17,850,000 $307,000 $4,325,000 $178,000 $1,717,000
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
Not applicable 1,877 $519,415,000 $276,000 $7,505,000 $170,000 $5,195,000
Debt-To-Income Ratio 170 $37,050,000 $217,000 $1,055,000 $93,000 $472,000
Credit History 101 $13,245,000 $131,000 $765,000 $142,000 $3,826,000
Collateral 76 $20,260,000 $266,000 $1,305,000 $208,000 $2,865,000
Credit Application Incomplete 44 $11,370,000 $258,000 $1,845,000 $130,000 $859,000
Other 31 $6,565,000 $211,000 $755,000 $129,000 $447,000
Unverifiable Information 8 $1,420,000 $177,000 $645,000 $72,000 $176,000
Insufficient Cash (Downpayment, Closing Cost) 6 $2,060,000 $343,000 $785,000 $158,000 $336,000
Employment History 5 $445,000 $89,000 $105,000 $27,000 $50,000
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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