Knox County, ME Mortgage Lenders & HMDA Data, 2019

In 2019, lenders reported 1,984 mortgage applications in Knox County, ME totaling $368.5 million, down 1% from 2018. The average application was for $185,000, and applicants reported an average income of $116,000. 59% of applications resulted in an originated loan and 16% were denied. The most active lender was The Camden National Bank, with 402 applications, followed by First National Bank and Bangor Savings 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 1,984
Total Mortgage Loan Application Amount $368,450,000
Average Mortgage Loan Application Amount $185,000
Highest Mortgage Loan Application Amount $2,365,000
Average Applicant Income $116,000
Highest Applicant Income $3,127,000

Mortgage Company List for Lending in Knox County, ME for 2019

* 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
* $ 4,281,999,000 402 $ 64,240,000
First National Bank
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ 1,915,448,000 241 $ 42,045,000
Bangor Savings Bank
19 MAINE AVENUE
BANGOR, ME 04401
* $ 4,410,311,000 208 $ 31,740,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 103 $ 19,685,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 137,976,503,000 74 $ 10,040,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,689,351,000,000 73 $ 21,925,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 302,668,929,000 63 $ 10,285,000
Machias Savings Bank
4 CENTER STREET
MACHIAS, ME 04654
* $ 1,498,661,000 43 $ 7,105,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,782,639,000,000 33 $ 6,705,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,218,960,000,000 32 $ 7,400,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 25 $ 4,945,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 24 $ 5,430,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 24 $ 5,230,000
Bar Harbor Bank & Trust
82 MAIN STREET
BAR HARBOR, ME 04609
* $ 3,604,567,000 23 $ 5,605,000
Cuso Mortgage Corporation
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ -1,000 22 $ 2,890,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 108,015,112,000 17 $ 1,345,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 17 $ 2,655,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 81,602,818,000 16 $ 3,850,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 14 $ 2,920,000
Midcoast
186 LOWER MAIN STREET
FREEPORT, ME 04032
* $ 177,679,000 14 $ 2,680,000
Northeast Bank
500 CANAL ST
LEWISTON, ME 04240
* $ 1,193,608,000 14 $ 1,950,000
Residential Mortgage Services, Inc.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ -1,000 13 $ 2,905,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 13 $ 1,095,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 459,476,604,000 13 $ 2,195,000
Harborone Mortgage, LLC
1045 ELM ST SUITE 601
MANCHESTER, NH 03101
* $ -1,000 12 $ 2,210,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,426,633,000 12 $ 2,800,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 10 $ 1,390,000
Ancorum Credit Union
765 WASHINGTON STREET
BATH, ME 04530
* $ 244,210,000 10 $ 1,230,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 10 $ 1,800,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 96,962,446,000 10 $ 1,660,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 10 $ 2,170,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 9 $ 1,865,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 9 $ 2,895,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 9 $ 2,005,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 9 $ 2,185,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,933,790,000 8 $ 1,450,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 8 $ 1,720,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 6 $ 1,380,000
Mortgage Network, Inc.
99 CONIFER HILL DR
DANVERS, MA 01923
* $ -1,000 6 $ 1,010,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 6 $ 890,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 6 $ 810,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 36,899,806,000 6 $ 1,420,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,500,928,000 6 $ 1,180,000
Citibank, NA

NEW YORK, NY 10012
* $ 826,876,000,000 5 $ 3,845,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 395,677,000 5 $ 1,255,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 5 $ 845,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 5 $ 1,475,000
Androscoggin Bank
30 LISBON STREET
LEWISTON, ME 04243
* $ 1,050,684,000 4 $ 910,000
Suntrust Banks, Inc.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 209,720,480,000 4 $ 1,640,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 4 $ 750,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 219,071,000,000 4 $ 1,030,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 4 $ 650,000
Chou Team Realty, LLC
25391 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
* $ -1,000 4 $ 830,000
Passumpsic Bank
25 MR ARTHUR DRIVE
CHESTERFIELD, NH 03466
* $ -1,000 4 $ 990,000
Norwich Commercial Group Inc
38 SECURITY DRIVE
AVON, CT 06001
* $ -1,000 4 $ 660,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 4 $ 890,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 3 $ 1,035,000
Ally Bank

CHARLOTTE, NC 28202
* $ 159,291,000,000 3 $ 525,000
Megastar Finanacial Corp
1080 CHEROKEE STREET
DENVER, CO 80204
* $ -1,000 3 $ 615,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 17,230,779,000 3 $ 325,000
Integrity Mortgage LLC
2320 CONGRESS ST SUITE D
PORTLAND, ME 04102
* $ -1,000 3 $ 435,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 3 $ 685,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 3 $ 655,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 3 $ 585,000
People's United Bank
850 MAIN STREET
BRIDGEPORT, CT 06604
* $ 47,601,600,000 3 $ 665,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 3 $ 485,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 1,279,654,000 3 $ 805,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 3 $ 765,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ 234,032,000,000 3 $ 1,075,000
Northpoint Mortgage, Inc.
204 TURNPIKE ROAD
STURBRIDGE, MA 01566
* $ -1,000 3 $ 525,000
Norway Savings Bank
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ 1,207,277,000 3 $ 365,000
Digital Federal Credit Union
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ 8,530,262,000 2 $ 420,000
Atlantic Federal Credit Union
PO BOX 188
BRUNSWICK, ME 04011
* $ 387,828,000 2 $ 240,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,185,032,000 2 $ 310,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 2 $ 530,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 2 $ 270,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 2 $ 720,000
Cport Credit Union
PO BOX 777
PORTLAND, ME 04103
* $ 217,766,000 2 $ 200,000
Maine Savings Federal Credit Union
PO BOX 347
HAMPDEN, ME 04444
* $ 424,275,000 2 $ 340,000
Evolve Bank & Trust
6000 POPLAR AVENUE SUITE 300
MEMPHIS, TN 38119
* $ 473,202,000 2 $ 690,000
Total Mortgage Services, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ -1,000 2 $ 560,000
Skowhegan Savings Bank
13 ELM ST
SKOWHEGAN, ME 04976
* $ 593,199,000 2 $ 230,000
University Credit Union
15 MAIN STREET
ORONO, ME 04473
* $ 305,452,000 2 $ 330,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 2 $ 630,000
Harvest Bank
75 NORTH MAIN STREET
KIMBALL, MN 55353
* $ 2,101,384,000 2 $ 520,000
BNY Mellon, N.A.

BOSTON, MA 02108
* $ 28,875,870,000 2 $ 1,170,000
Flagstar Bank NA

TROY, MI 49098
* $ 18,466,868,000 2 $ 360,000
First Bank
11901 OLIVE BOULEVARD
SAINT LOUIS, MO 63141
* $ 6,346,426,000 2 $ 480,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ -1,000 2 $ 300,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 2 $ 1,010,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 320,000
Santander Bank, N.A.
824 NORTH MARKET STREET, SUITE 100
WILMINGTON, DE 19801
* $ 77,243,612,000 2 $ 280,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 24,484,751,000 2 $ 230,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,135,647,000 2 $ 370,000
Logix Federal Credit Union
2340 HOLLYWOOD WAY
VALENCIA, CA 91355
* $ 6,019,062,000 2 $ 280,000
Leader Bank NA
141 MASSACHUSETTS AVENUE
ARLINGTON, MA 02474
* $ 1,348,132,000 2 $ 650,000
Texas National Bank
4908 S. JACKSON ROAD
EDINBURG, TX 78539
* $ 303,646,000 1 $ 745,000
Trademark FCU
44 EDISON DRIVE
AUGUSTA, ME 04330
* $ 87,660,000 1 $ 15,000
Merrimack County Savings Bank
89 NORTH MAIN STREET
CONCORD, NH 03301
* $ 895,849,000 1 $ 105,000
Auburn Savings Bank, FSB
256 COURT ST. PO BOX 3157
AUBURN, ME 04210
* $ 77,995,000 1 $ 55,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 144,960,000 1 $ 265,000
Reverse Mortgage Funding LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ -1,000 1 $ 85,000
Sofi Mortgage, LLC
6175 MAIN STREET, SUITE 490
FRISCO, TX 75034
* $ -1,000 1 $ 75,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 1 $ 245,000
Radius Financial Group Inc
600 LONGWATER DRIVE SUITE 107
NORWELL, MA 02061
* $ -1,000 1 $ 415,000
Arc Home LLC

MOORESTOWN, NJ 08057
* $ -1,000 1 $ 415,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 75,169,000,000 1 $ 225,000
Sharonview Federal CU
1081 RED VENTURES DR.
INDIAN LAND, SC 29707
* $ 1,613,712,000 1 $ 215,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 1,071,570,000 1 $ 215,000
Town and Country Federal Credi
557 MAIN STREET P.O. BOX 9420
SOUTH PORTLAND, ME 04116
* $ 385,383,000 1 $ 145,000
UBS Bank USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ 59,366,170,000 1 $ 375,000
Envision Bank
10 CABOT PLACE
STOUGHTON, MA 02072
* $ 615,040,000 1 $ 175,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 1 $ 225,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 155,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 28,246,367,000 1 $ 275,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ -1,000 1 $ 185,000
The Union Bank Company
105 PROGRESSIVE DRIVE
COLUMBUS GROVE, OH 45830
* $ 829,051,000 1 $ 275,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 268,405,000 1 $ 155,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 302,006,000 1 $ 15,000
Intercap Lending Inc
910 EAST 6600 SOUTH
SALT LAKE CITY, UT 84121
* $ -1,000 1 $ 415,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ -1,000 1 $ 305,000
East Coast Capital Corp.
25 MELVILLE PARK ROAD SUITE 200
MELVILLE, NY 11743
* $ -1,000 1 $ 145,000
First Republic Bank
111 PINE STREET
SAN FRANCISCO, CA 94111
* $ 99,205,204,000 1 $ 355,000
Lighthouse Federal Credit Union
100 BORTHWICK AVE
PORTSMOUTH, NH 03801
* $ 1,458,550,000 1 $ 55,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 55,000
Katahdin Trust Company
11 MAIN STREET / PO BOX 450
PATTEN, ME 04765
* $ 802,900,000 1 $ 605,000
Ocwen Loan Servicing, LLC
1661 WORTHINGTION ROAD SUITE 100
WEST PALM BEACH, FL 33409
* $ -1,000 1 $ 185,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ -1,000 1 $ 85,000
Nbh Bank
7800 EAST ORCHARD ROAD, SUITE 300
GREENWOOD VILLAGE, CO 80011
* $ 5,665,667,000 1 $ 175,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 215,000
Bank Fund Staff Federal Credit
1725 I STREET NW SUITE 150
WASHINGTON, DC 20006
* $ 4,971,905,000 1 $ 165,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 125,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 1 $ 315,000
Lenderlive Network, LLC
710 S ASH
GLENDALE, CO 80246
* $ -1,000 1 $ 335,000
Members Mortgage Company Inc
90 MAPLE STREET
STONEHAM, MA 02180
* $ -1,000 1 $ 245,000
Northern Mortgage Services, LLC
3714 28TH ST SW
GRANDVILLE, MI 49418
* $ -1,000 1 $ 155,000
Bangor Federal Credit Union
339 HOGAN ROAD
BANGOR, ME 04401
* $ 152,105,000 1 $ 255,000
Unibank for Savings
49 CHURCH STREET
WHITINSVILLE, MA 01588
* $ 1,762,949,000 1 $ 175,000
Infinity Federal Credit Union
202 LARRABEE ROAD
WESTBROOK, ME 04092
* $ 345,450,000 1 $ 135,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 115,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 1 $ 315,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 1 $ 255,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 1 $ 235,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 85,000
Prime Choice Funding Inc.
17852 17TH ST #107
TUSTIN, CA 92780
* $ -1,000 1 $ 445,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 1 $ 435,000
Chevron Federal Credit Union
2300 CLAYTON ROAD SUITE 700
CONCORD, CA 94520
* $ 3,335,459,000 1 $ 155,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 3,538,467,000 1 $ 355,000
Maine Community Bank
1 INDIA ST
PORTLAND, ME 04101
* $ 496,339,000 1 $ 695,000
Poli Mortgage Group, Inc.
780 DEDHAM STREET
CANTON, MA 02021
* $ -1,000 1 $ 135,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 3,483,865,000 1 $ 665,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 175,000
Partners Bank of New England
900 MAIN ST
SANFORD, ME 04073
* $ 580,618,000 1 $ 115,000
State Departmenet Federal Credit Union
1630 KING STREET
ALEXANDRIA, VA 22314
* $ 1,985,431,000 1 $ 75,000
First Choice Loan Services Inc.
ONE TOWER CENTER, FLOOR #18
EAST BRUNSWICK, NJ 08816
* $ -1,000 1 $ 345,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 1 $ 525,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 175,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 1 $ 115,000
Msa Mortgage, LLC
5 FREMONT STREET
WINTHROP, MA 02152
* $ -1,000 1 $ 435,000
Baldwin State Bank
721 HIGH ST
BALDWIN CITY, KS 66006
* $ -1,000 1 $ 375,000

The tables below break down 2019 mortgage applications in Knox 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 Knox County, ME in 2019

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 790 $171,610,000 $217,000 $1,355,000 $123,000 $1,466,000
Refinancing 448 $90,470,000 $201,000 $2,365,000 $136,000 $3,127,000
Cash-out Refinancing 371 $72,415,000 $195,000 $1,455,000 $93,000 $616,000
Home Improvement 216 $16,850,000 $78,000 $495,000 $108,000 $674,000
Other Purpose 151 $16,155,000 $106,000 $995,000 $102,000 $720,000
Not Applicable 8 $950,000 $118,000 $185,000 $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 1,616 $292,120,000 $180,000 $2,365,000 $116,000 $3,127,000
Not Provided 227 $46,755,000 $205,000 $1,405,000 $119,000 $1,000,000
Not applicable 99 $21,295,000 $215,000 $935,000 $192,000 $762,000
Hispanic 16 $3,330,000 $208,000 $605,000 $93,000 $250,000
Black or African American 14 $2,820,000 $201,000 $325,000 $101,000 $142,000
American Indian or Alaskan Native 7 $985,000 $140,000 $235,000 $114,000 $181,000
Asian 5 $1,145,000 $229,000 $305,000 $120,000 $242,000
Native Hawaiian 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) 1,624 $300,240,000 $184,000 $2,365,000 $125,000 $3,127,000
FHA-insured (Federal Housing Administration) 171 $30,075,000 $175,000 $515,000 $65,000 $255,000
VA-guaranteed (Veterans Administration) 144 $31,020,000 $215,000 $505,000 $72,000 $326,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 45 $7,115,000 $158,000 $275,000 $53,000 $126,000

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 1,178 $220,970,000 $187,000 $2,365,000 $124,000 $3,127,000
Application Denied By Financial Institution 319 $49,935,000 $156,000 $1,455,000 $81,000 $1,000,000
Application Withdrawn By Applicant 251 $51,125,000 $203,000 $885,000 $123,000 $1,466,000
Loan Purchased By The Institution 143 $30,765,000 $215,000 $485,000 $144,000 $762,000
File Closed For Incompleteness 61 $10,945,000 $179,000 $1,405,000 $96,000 $665,000
Application Approved But Not Accepted 31 $4,495,000 $145,000 $725,000 $101,000 $347,000
Preapproval Approved but not Accepted 1 $215,000 $215,000 $215,000 $57,000 $57,000
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 1,633 $311,875,000 $190,000 $2,365,000 $124,000 $3,127,000
Debt-To-Income Ratio 148 $24,860,000 $167,000 $1,455,000 $64,000 $250,000
Collateral 69 $12,035,000 $174,000 $645,000 $117,000 $402,000
Credit History 64 $7,320,000 $114,000 $315,000 $68,000 $234,000
Other 26 $4,520,000 $173,000 $495,000 $89,000 $255,000
Credit Application Incomplete 23 $5,165,000 $224,000 $475,000 $90,000 $390,000
Unverifiable Information 9 $755,000 $83,000 $215,000 $238,000 $1,000,000
Employment History 7 $1,025,000 $146,000 $255,000 $59,000 $118,000
Insufficient Cash (Downpayment, Closing Cost) 5 $895,000 $179,000 $225,000 $54,000 $76,000
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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