Knox County, ME Mortgage Lenders & HMDA Data, 2024

In 2024, lenders reported 1,557 mortgage applications in Knox County, ME totaling $408.7 million, up 13% from 2023. The average application was for $262,000, and applicants reported an average income of $155,000. 56% of applications resulted in an originated loan and 17% were denied. The most active lender was The Camden National Bank, with 207 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 1,557
Total Mortgage Loan Application Amount $408,715,000
Average Mortgage Loan Application Amount $262,000
Highest Mortgage Loan Application Amount $3,155,000
Average Applicant Income $155,000
Highest Applicant Income $3,084,000

Mortgage Company List for Lending in Knox 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
The Camden National Bank
2 ELM STREET
CAMDEN, ME 04843
* $ n/a 207 $ 46,455,000
First National Bank
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ n/a 199 $ 38,015,000
Bangor Savings Bank
19 MAINE AVENUE
BANGOR, ME 04401
* $ n/a 159 $ 33,015,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 109 $ 31,965,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 34 $ 10,410,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 28 $ 6,180,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 28 $ 2,320,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 28 $ 7,730,000
Machias Savings Bank
4 CENTER STREET
MACHIAS, ME 04654
* $ n/a 27 $ 5,855,000
Maine State Credit Union
200 CAPITOL ST
AUGUSTA, ME 04330
* $ n/a 27 $ 6,185,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 26 $ 8,270,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ n/a 24 $ 9,380,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 23 $ 4,095,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 22 $ 4,650,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 21 $ 7,475,000
Cuso Mortgage Corporation
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ n/a 20 $ 4,830,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 19 $ 6,175,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 18 $ 6,290,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 18 $ 3,930,000
Kennebec Savings Bank
150 STATE ST
AUGUSTA, ME 04332
* $ n/a 16 $ 4,570,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 15 $ 3,945,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 15 $ 6,135,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 14 $ 5,120,000
Northpoint Mortgage, Inc.
204 TURNPIKE ROAD
STURBRIDGE, MA 01566
* $ n/a 14 $ 5,520,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 13 $ 4,545,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 12 $ 2,740,000
Bar Harbor Bank & Trust
82 MAIN STREET
BAR HARBOR, ME 04609
* $ n/a 12 $ 4,100,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 11 $ 1,875,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 11 $ 2,975,000
Citibank, NA

NEW YORK, NY 10012
* $ n/a 10 $ 4,200,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 9 $ 2,055,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 8 $ 660,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 8 $ 960,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 8 $ 2,740,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 8 $ 1,290,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 7 $ 275,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 7 $ 3,005,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ n/a 7 $ 2,905,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ n/a 7 $ 2,485,000
University Credit Union
15 MAIN STREET
ORONO, ME 04473
* $ n/a 7 $ 1,825,000
Norway Savings Bank
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ n/a 6 $ 1,690,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ n/a 6 $ 1,440,000
Ancorum Credit Union
765 WASHINGTON STREET
BATH, ME 04530
* $ n/a 5 $ 1,415,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ n/a 5 $ 1,555,000
Androscoggin Bank
30 LISBON STREET
LEWISTON, ME 04243
* $ n/a 5 $ 1,385,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 5 $ 1,065,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 5 $ 835,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ n/a 5 $ 1,475,000
Total Mortgage Services, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ n/a 5 $ 1,265,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 5 $ 3,355,000
Farmers Bank & Trust
1017 HARRISON
GREAT BEND, KS 67530
* $ n/a 4 $ 1,480,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ n/a 4 $ 650,000
Ally Bank

CHARLOTTE, NC 28202
* $ n/a 4 $ 1,470,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 4 $ 1,270,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 4 $ 1,930,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 4 $ 3,740,000
Cport Credit Union
PO BOX 777
PORTLAND, ME 04103
* $ n/a 4 $ 200,000
Atlantic Federal Credit Union
PO BOX 188
BRUNSWICK, ME 04011
* $ n/a 4 $ 570,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 4 $ 1,710,000
Maine Savings Federal Credit Union
PO BOX 347
HAMPDEN, ME 04444
* $ n/a 4 $ 500,000
Arc Home LLC

MOORESTOWN, NJ 08057
* $ n/a 4 $ 1,780,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 4 $ 1,530,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ n/a 4 $ 3,280,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ n/a 4 $ 1,050,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ n/a 4 $ 1,680,000
Leader Bank NA
141 MASSACHUSETTS AVENUE
ARLINGTON, MA 02474
* $ n/a 4 $ 1,980,000
Town and Country Federal Credi
557 MAIN STREET P.O. BOX 9420
SOUTH PORTLAND, ME 04116
* $ n/a 4 $ 790,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ n/a 3 $ 1,165,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 3 $ 1,015,000
T2 Financial LLC
480 OLDE WORTHINGTON RD SUITE 300
WESTERVILLE, OH 43082
* $ n/a 3 $ 725,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ n/a 3 $ 2,695,000
Digital Federal Credit Union
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ n/a 3 $ 445,000
Dupaco Community Credit Union
PO BOX 179
DUBUQUE, IA 52004
* $ n/a 3 $ 685,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ n/a 3 $ 1,265,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 3 $ 1,505,000
Trademark FCU
44 EDISON DRIVE
AUGUSTA, ME 04330
* $ n/a 3 $ 225,000
Chickasaw Community Bank
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73142
* $ n/a 2 $ 730,000
Passumpsic Bank
25 MR ARTHUR DRIVE
CHESTERFIELD, NH 03466
* $ n/a 2 $ 740,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ n/a 2 $ 640,000
Citadel Servicing Corporation
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ n/a 2 $ 740,000
Redwood Residential Acquisition Corporation
1 BELVEDERE PLACE
MILL VALLEY, CA 94951
* $ n/a 2 $ 1,280,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ n/a 2 $ 420,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ n/a 2 $ 580,000
Skowhegan Savings Bank
13 ELM ST
SKOWHEGAN, ME 04976
* $ n/a 2 $ 790,000
Raymond James Bank
710 CARILLON PARKWAY
SAINT PETERSBURG, FL 33716
* $ n/a 2 $ 790,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 2 $ 1,770,000
Ixonia Bank
W1046 MARIETTA AVE
IXONIA, WI 53036
* $ n/a 2 $ 660,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ n/a 2 $ 620,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ n/a 2 $ 350,000
Northern Credit Union
120 FACTORY ST
WATERTOWN, NY 13601
* $ n/a 2 $ 80,000
First Federal Savings and Loan Assocation of Bath
PO BOX 488
BATH, ME 04530
* $ n/a 2 $ 320,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ n/a 2 $ 580,000
Bath Savings Institution
105 FRONT STREET
BATH, ME 04530
* $ n/a 2 $ 690,000
Partners Bank of New England
900 MAIN ST
SANFORD, ME 04073
* $ n/a 2 $ 300,000
Maine Community Bank
1 INDIA ST
PORTLAND, ME 04101
* $ n/a 2 $ 280,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ n/a 2 $ 620,000
Change Lending
175 N. RIVERVIEW DRIVE SUITE C
ANAHEIM, CA 92808
* $ n/a 2 $ 1,640,000
American Heritage Lending, LLC
19800 MACARTHUR BLVD SUITE 950
IRVINE, CA 92612
* $ n/a 2 $ 410,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ n/a 2 $ 970,000
Wsfs Bank
500 DELAWARE AVENUE
WILMINGTON, DE 19801
* $ n/a 2 $ 710,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ n/a 2 $ 850,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ n/a 2 $ 250,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ n/a 2 $ 110,000
Deephaven Mortgage LLC
3530 TORINGDON WAY #200
CHARLOTTE, NC 28277
* $ n/a 2 $ 870,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 2 $ 310,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 1 $ 225,000
Originpoint, LLC
1800 W LARCHMONT AVE SUITE 305
CHICAGO, IL 60613
* $ n/a 1 $ 765,000
Berkshire Bank

ALBANY, NY 12207
* $ n/a 1 $ 845,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ n/a 1 $ 375,000
Homexpress Mortgage Corp.
1936 E DEERE AVE SUITE 200
SANTA ANA, CA 92705
* $ n/a 1 $ 495,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ n/a 1 $ 285,000
Emporium Tpo LLC

FRISCO, TX 75034
* $ n/a 1 $ 255,000
Arvest Bank

TULSA, OK 74103
* $ n/a 1 $ 245,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ n/a 1 $ 175,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 1 $ 85,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ n/a 1 $ 625,000
Griffin Funding Inc.
2445 5TH AVE SUITE 401
SAN DIEGO, CA 92101
* $ n/a 1 $ 295,000
Teachers Federal Credit Union
102 MOTOR PARKWAY
HAUPPAUGE, NY 11788
* $ n/a 1 $ 155,000
East Cambridge Savings Bank
344 CAMBRIDGE ST
CAMBRIDGE, MA 02141
* $ n/a 1 $ 695,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ n/a 1 $ 285,000
Harborone Mortgage, LLC
1045 ELM ST SUITE 601
MANCHESTER, NH 03101
* $ n/a 1 $ 435,000
Servisfirst Bank
2500 WOODCREST PLACE
BIRMINGHAM, AL 35209
* $ n/a 1 $ 265,000
Truchoice FCU
332 CUMMINGS RD
SOUTH PORTLAND, ME 04106
* $ n/a 1 $ 15,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ n/a 1 $ 335,000
Hometown Equity Mortgage, LLC
25531 COMMERCENTRE DRIVE SUITE 250
LAKE FOREST, CA 92630
* $ n/a 1 $ 355,000
Sea West Coast Gurad FCU
P.O.BOX 4949
OAKLAND, CA 94605
* $ n/a 1 $ 55,000
Acadia Federal Credit Union
9 E MAIN ST
FORT KENT, ME 04743
* $ n/a 1 $ 285,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ n/a 1 $ 305,000
Clearedge Lending LLC
20 ENTERPRISE SUITE 350
ALISO VIEJO, CA 92656
* $ n/a 1 $ 505,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ n/a 1 $ 75,000
Salem Five Cents Savings Bank
210 ESSEX ST
SALEM, MA 01970
* $ n/a 1 $ 55,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ n/a 1 $ 275,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ n/a 1 $ 335,000
Westerly Community Credit Union
4979 TOWER HILL RD
WAKEFIELD, RI 02879
* $ n/a 1 $ 105,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ n/a 1 $ 205,000
Allied Mortgage Group, Inc
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ n/a 1 $ 265,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ n/a 1 $ 155,000
Harvard Federal Credit Union
104 MOUNT AUBURN STREET
CAMBRIDGE, MA 02138
* $ n/a 1 $ 515,000
Service Federal Credit Union
3003 LAFAYETTE ROAD
PORTSMOUTH, NH 03801
* $ n/a 1 $ 45,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 1 $ 745,000
Cnb Bank Inc.
101 S WASHINGTON STREET
BERKELEY SPRINGS, WV 25411
* $ n/a 1 $ 505,000
Katahdin Trust Company
11 MAIN STREET / PO BOX 450
PATTEN, ME 04765
* $ n/a 1 $ 405,000
Ussfcu
2750 EISENHOWER AVENUE
ALEXANDRIA, VA 22314
* $ n/a 1 $ 75,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ n/a 1 $ 685,000
The Northern Trust Co
50 S. LA SALLE
CHICAGO, IL 60603
* $ n/a 1 $ 3,155,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ n/a 1 $ 185,000
Seaboard Federal Credit Union
PO BOX G, 177 MAIN STREET
BUCKSPORT, ME 04416
* $ n/a 1 $ 65,000
Rpe Home, Inc
1312 17TH STREET SUITE 71618
DENVER, CO 80202
* $ n/a 1 $ 205,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ n/a 1 $ 325,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ n/a 1 $ 585,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ n/a 1 $ 415,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ n/a 1 $ 455,000

The tables below break down 2024 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 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 698 $248,470,000 $355,000 $2,965,000 $188,000 $2,659,000
Home Improvement 255 $27,815,000 $109,000 $1,005,000 $126,000 $1,215,000
Cash-out Refinancing 237 $58,145,000 $245,000 $1,305,000 $107,000 $766,000
Other Purpose 221 $37,975,000 $171,000 $3,155,000 $138,000 $2,160,000
Refinancing 145 $36,235,000 $249,000 $1,505,000 $170,000 $3,084,000
Not Applicable 1 $75,000 $75,000 $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 1,210 $296,290,000 $244,000 $2,965,000 $154,000 $3,084,000
Not Provided 182 $54,950,000 $301,000 $2,505,000 $152,000 $1,151,000
Not applicable 112 $43,540,000 $388,000 $3,155,000 $139,000 $300,000
Hispanic 31 $7,265,000 $234,000 $765,000 $153,000 $681,000
Asian 13 $4,835,000 $371,000 $965,000 $331,000 $1,500,000
American Indian or Alaskan Native 7 $1,415,000 $202,000 $375,000 $139,000 $229,000
Black or African American 1 $255,000 $255,000 $255,000 $140,000 $140,000
Native Hawaiian or Other Pacific Islander 1 $165,000 $165,000 $165,000 $66,000 $66,000

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) 1,338 $344,190,000 $257,000 $3,155,000 $166,000 $3,084,000
FHA-insured (Federal Housing Administration) 114 $30,390,000 $266,000 $635,000 $81,000 $189,000
VA-guaranteed (Veterans Administration) 97 $31,845,000 $328,000 $635,000 $95,000 $338,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8 $2,290,000 $286,000 $335,000 $85,000 $92,000

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 879 $222,425,000 $253,000 $3,155,000 $157,000 $2,659,000
Application Denied By Financial Institution 265 $60,365,000 $227,000 $2,505,000 $113,000 $1,662,000
Application Withdrawn By Applicant 233 $74,455,000 $319,000 $2,505,000 $209,000 $3,084,000
Loan Purchased By The Institution 86 $30,240,000 $351,000 $1,055,000 $158,000 $378,000
File Closed For Incompleteness 52 $10,380,000 $199,000 $635,000 $116,000 $665,000
Application Approved But Not Accepted 40 $9,640,000 $241,000 $1,505,000 $133,000 $500,000
Preapproval Approved but not Accepted 2 $1,210,000 $605,000 $755,000 $386,000 $506,000
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 1,259 $340,135,000 $270,000 $3,155,000 $166,000 $3,084,000
Debt-To-Income Ratio 138 $28,750,000 $208,000 $985,000 $78,000 $375,000
Credit History 50 $9,650,000 $193,000 $1,005,000 $98,000 $275,000
Collateral 40 $11,470,000 $286,000 $1,275,000 $205,000 $1,662,000
Credit Application Incomplete 30 $5,990,000 $199,000 $545,000 $89,000 $220,000
Other 21 $4,605,000 $219,000 $615,000 $164,000 $519,000
Unverifiable Information 10 $5,680,000 $568,000 $2,505,000 $264,000 $766,000
Insufficient Cash (Downpayment, Closing Cost) 7 $1,865,000 $266,000 $505,000 $118,000 $278,000
Employment History 2 $570,000 $285,000 $315,000 $110,000 $111,000
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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