The Bank Of Maine
Mortgage Loan Application
Totals and Details
for 2012
Find mortgage loan statistics, lending data, and loan application totals for Maine.
The mortgage statistics and data below are specific to mortgage loan applications for The Bank Of Maine.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.
| Mortgage Company & Address | The Bank Of Maine 2 Canal Plaza Portland, ME 04101 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 1,848 |
| Total Mortgage Loan Application Amount | $375,244,000 |
| Average Mortgage Loan Application Amount | $195,333 |
| Highest Mortgage Loan Application Amount | $7,080,000 |
| Average Applicant Income | $106,333 |
| Highest Applicant Income | $2,373,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in ME, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Kennebec County Maine | 549 | $ 70,888,000 | $ 129,000 | $ 68,000 |
| Cumberland County Maine | 398 | $ 109,667,000 | $ 275,000 | $ 131,000 |
| York County Maine | 195 | $ 46,639,000 | $ 239,000 | $ 115,000 |
| Lincoln County Maine | 138 | $ 22,446,000 | $ 162,000 | $ 72,000 |
| Aroostook County Maine | 118 | $ 13,303,000 | $ 112,000 | $ 70,000 |
| Sagadahoc County Maine | 91 | $ 13,383,000 | $ 147,000 | $ 76,000 |
| Washington County Maine | 51 | $ 4,664,000 | $ 91,000 | $ 64,000 |
| Androscoggin County Maine | 32 | $ 4,157,000 | $ 129,000 | $ 62,000 |
| Somerset County Maine | 27 | $ 3,008,000 | $ 111,000 | $ 90,000 |
| Knox County Maine | 24 | $ 5,773,000 | $ 240,000 | $ 129,000 |
| Waldo County Maine | 20 | $ 2,517,000 | $ 125,000 | $ 57,000 |
| Penobscot County Maine | 17 | $ 2,034,000 | $ 119,000 | $ 76,000 |
| Oxford County Maine | 13 | $ 2,494,000 | $ 191,000 | $ 144,000 |
| Essex County Massachusetts | 13 | $ 3,084,000 | $ 237,000 | $ 179,000 |
| Franklin County Maine | 9 | $ 1,401,000 | $ 155,000 | $ 70,000 |
| Middlesex County Massachusetts | 9 | $ 4,362,000 | $ 484,000 | $ 294,000 |
| Plymouth County Massachusetts | 7 | $ 3,653,000 | $ 521,000 | $ 504,000 |
| Broward County Florida | 6 | $ 2,209,000 | $ 368,000 | $ 258,000 |
| Hancock County Maine | 6 | $ 1,707,000 | $ 284,000 | $ 104,000 |
| Rockingham County New Hampshire | 5 | $ 1,426,000 | $ 285,000 | $ 127,000 |
| Norfolk County Massachusetts | 4 | $ 1,176,000 | $ 294,000 | $ 168,000 |
| New York County New York | 4 | $ 4,596,000 | $ 1,149,000 | $ 503,000 |
| Fairfax County Virginia | 4 | $ 3,104,000 | $ 776,000 | $ 274,000 |
| Fairfield County Connecticut | 3 | $ 2,098,000 | $ 699,000 | $ 271,000 |
| Lee County Florida | 3 | $ 405,000 | $ 135,000 | $ 93,000 |
| Palm Beach County Florida | 3 | $ 1,523,000 | $ 507,000 | $ 432,000 |
| Fulton County Georgia | 3 | $ 2,007,000 | $ 669,000 | $ 489,000 |
| Barnstable County Massachusetts | 3 | $ 2,000,000 | $ 666,000 | $ 464,000 |
| Bristol County Massachusetts | 3 | $ 886,000 | $ 295,000 | $ 251,000 |
| Worcester County Massachusetts | 3 | $ 729,000 | $ 243,000 | $ 129,000 |
| Hillsborough County New Hampshire | 3 | $ 887,000 | $ 295,000 | $ 97,000 |
| Monmouth County New Jersey | 3 | $ 1,412,000 | $ 470,000 | $ 174,000 |
| Horry County South Carolina | 3 | $ 4,142,000 | $ 1,380,000 | $ 879,000 |
| Larimer County Colorado | 2 | $ 760,000 | $ 380,000 | $ 55,000 |
| Litchfield County Connecticut | 2 | $ 930,000 | $ 465,000 | $ 101,000 |
| Piscataquis County Maine | 2 | $ 1,453,000 | $ 726,000 | $ 246,000 |
| Howard County Maryland | 2 | $ 543,000 | $ 271,000 | $ 149,000 |
| Prince George's County Maryland | 2 | $ 877,000 | $ 438,000 | $ 106,000 |
| Suffolk County Massachusetts | 2 | $ 592,000 | $ 296,000 | $ 135,000 |
| Merrimack County New Hampshire | 2 | $ 690,000 | $ 345,000 | $ 173,000 |
| Bergen County New Jersey | 2 | $ 854,000 | $ 427,000 | $ 154,000 |
| Hudson County New Jersey | 2 | $ 349,000 | $ 174,000 | $ 262,000 |
| Morris County New Jersey | 2 | $ 2,172,000 | $ 1,086,000 | $ 1,344,000 |
| Rensselaer County New York | 2 | $ 566,000 | $ 283,000 | $ 124,000 |
| Rockland County New York | 2 | $ 425,000 | $ 212,000 | $ 221,000 |
| Warren County New York | 2 | $ 1,417,000 | $ 708,000 | $ 651,000 |
| Chesterfield County Virginia | 2 | $ 667,000 | $ 333,000 | $ 99,000 |
| Maricopa County Arizona | 1 | $ 370,000 | $ 370,000 | $ 268,000 |
| Riverside County California | 1 | $ 408,000 | $ 408,000 | $ 123,000 |
| Sacramento County California | 1 | $ 300,000 | $ 300,000 | $ 370,000 |
| San Diego County California | 1 | $ 540,000 | $ 540,000 | $ 480,000 |
| Eagle County Colorado | 1 | $ 417,000 | $ 417,000 | $ 1,202,000 |
| Summit County Colorado | 1 | $ 403,000 | $ 403,000 | $ 2,373,000 |
| Hartford County Connecticut | 1 | $ 380,000 | $ 380,000 | $ 300,000 |
| Manatee County Florida | 1 | $ 200,000 | $ 200,000 | $ 69,000 |
| Martin County Florida | 1 | $ 240,000 | $ 240,000 | $ 30,000 |
| Miami-Dade County Florida | 1 | $ 320,000 | $ 320,000 | $ 407,000 |
| Pasco County Florida | 1 | $ 99,000 | $ 99,000 | $ 69,000 |
| Pinellas County Florida | 1 | $ 305,000 | $ 305,000 | $ 310,000 |
| St. Johns County Florida | 1 | $ 266,000 | $ 266,000 | $ 0 |
| Sumter County Florida | 1 | $ 109,000 | $ 109,000 | $ 36,000 |
| Volusia County Florida | 1 | $ 200,000 | $ 200,000 | $ 103,000 |
| Henry County Georgia | 1 | $ 301,000 | $ 301,000 | $ 169,000 |
| Lake County Illinois | 1 | $ 335,000 | $ 335,000 | $ 413,000 |
| Baltimore City County Maryland | 1 | $ 323,000 | $ 323,000 | $ 186,000 |
| Harford County Maryland | 1 | $ 191,000 | $ 191,000 | $ 104,000 |
| Montgomery County Maryland | 1 | $ 296,000 | $ 296,000 | $ 190,000 |
| Franklin County Massachusetts | 1 | $ 135,000 | $ 135,000 | $ 372,000 |
| Nantucket County Massachusetts | 1 | $ 1,260,000 | $ 1,260,000 | $ 1,500,000 |
| Allegan County Michigan | 1 | $ 1,723,000 | $ 1,723,000 | $ 704,000 |
| Strafford County New Hampshire | 1 | $ 290,000 | $ 290,000 | $ 193,000 |
| Sullivan County New Hampshire | 1 | $ 262,000 | $ 262,000 | $ 200,000 |
| Cape May County New Jersey | 1 | $ 292,000 | $ 292,000 | $ 210,000 |
| Passaic County New Jersey | 1 | $ 92,000 | $ 92,000 | $ 41,000 |
| Somerset County New Jersey | 1 | $ 500,000 | $ 500,000 | $ 450,000 |
| Union County New Jersey | 1 | $ 915,000 | $ 915,000 | $ 541,000 |
| Greene County New York | 1 | $ 165,000 | $ 165,000 | $ 110,000 |
| Oneida County New York | 1 | $ 299,000 | $ 299,000 | $ 176,000 |
| Orange County New York | 1 | $ 135,000 | $ 135,000 | $ 147,000 |
| Richmond County New York | 1 | $ 417,000 | $ 417,000 | $ 91,000 |
| Saratoga County New York | 1 | $ 380,000 | $ 380,000 | $ 392,000 |
| Mecklenburg County North Carolina | 1 | $ 192,000 | $ 192,000 | $ 115,000 |
| Warren County Ohio | 1 | $ 190,000 | $ 190,000 | $ 140,000 |
| Bucks County Pennsylvania | 1 | $ 400,000 | $ 400,000 | $ 217,000 |
| Delaware County Pennsylvania | 1 | $ 400,000 | $ 400,000 | $ 234,000 |
| York County Pennsylvania | 1 | $ 227,000 | $ 227,000 | $ 136,000 |
| Newport County Rhode Island | 1 | $ 350,000 | $ 350,000 | $ 87,000 |
| Washington County Rhode Island | 1 | $ 800,000 | $ 800,000 | $ 726,000 |
| Beaufort County South Carolina | 1 | $ 177,000 | $ 177,000 | $ 41,000 |
| Richland County South Carolina | 1 | $ 295,000 | $ 295,000 | $ 238,000 |
| Davidson County Tennessee | 1 | $ 889,000 | $ 889,000 | $ 350,000 |
| Shelby County Tennessee | 1 | $ 417,000 | $ 417,000 | $ 141,000 |
| Williamson County Tennessee | 1 | $ 417,000 | $ 417,000 | $ 256,000 |
| Travis County Texas | 1 | $ 330,000 | $ 330,000 | $ 0 |
| Washington County Utah | 1 | $ 300,000 | $ 300,000 | $ 538,000 |
| Grand Isle County Vermont | 1 | $ 417,000 | $ 417,000 | $ 485,000 |
| Windsor County Vermont | 1 | $ 500,000 | $ 500,000 | $ 0 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Maine,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for The Bank Of Maine in 2012
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 | 1,285 | $256,972,000 | $199,000 | $3,500,000 | $106,000 | $2,373,000 |
| Home Purchase | 449 | $99,315,000 | $221,000 | $7,080,000 | $123,000 | $2,373,000 |
| Home Improvement | 114 | $18,957,000 | $166,000 | $1,260,000 | $90,000 | $950,000 |
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 | 1,496 | $290,485,000 | $194,000 | $3,500,000 | $108,000 | $2,373,000 |
| Not Provided | 287 | $63,234,000 | $220,000 | $2,400,000 | $120,000 | $1,380,000 |
| Not applicable | 24 | $12,076,000 | $503,000 | $7,080,000 | $0 | $0 |
| Asian | 19 | $5,680,000 | $298,000 | $1,300,000 | $168,000 | $1,120,000 |
| Hispanic | 11 | $2,006,000 | $182,000 | $305,000 | $124,000 | $415,000 |
| Black or African American | 5 | $966,000 | $193,000 | $300,000 | $141,000 | $370,000 |
| American Indian or Alaskan Native | 5 | $576,000 | $115,000 | $180,000 | $44,000 | $56,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $221,000 | $221,000 | $221,000 | $145,000 | $145,000 |
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) | 1,630 | $339,996,000 | $208,000 | $7,080,000 | $117,000 | $2,373,000 |
| FHA-insured (Federal Housing Administration) | 91 | $16,158,000 | $177,000 | $324,000 | $56,000 | $149,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 73 | $9,095,000 | $124,000 | $239,000 | $41,000 | $74,000 |
| VA-guaranteed (Veterans Administration) | 54 | $9,995,000 | $185,000 | $488,000 | $47,000 | $157,000 |
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 | 1,085 | $223,127,000 | $205,000 | $7,080,000 | $118,000 | $2,373,000 |
| Application Denied By Financial Institution | 429 | $77,405,000 | $180,000 | $1,450,000 | $75,000 | $1,380,000 |
| Application Withdrawn By Applicant | 233 | $49,501,000 | $212,000 | $2,569,000 | $125,000 | $1,500,000 |
| File Closed For Incompleteness | 60 | $13,675,000 | $227,000 | $2,400,000 | $98,000 | $1,000,000 |
| Application Approved But Not Accepted | 41 | $11,536,000 | $281,000 | $3,500,000 | $152,000 | $1,386,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 142 | $21,990,000 | $154,000 | $739,000 | $55,000 | $203,000 |
| Collateral | 104 | $20,561,000 | $197,000 | $1,450,000 | $90,000 | $720,000 |
| Debt-To-Income Ratio | 91 | $14,358,000 | $157,000 | $473,000 | $46,000 | $226,000 |
| Credit Application Incomplete | 44 | $9,062,000 | $205,000 | $1,350,000 | $132,000 | $1,380,000 |
| Other | 30 | $6,425,000 | $214,000 | $792,000 | $70,000 | $378,000 |
| Employment History | 8 | $1,295,000 | $161,000 | $329,000 | $92,000 | $415,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 8 | $2,306,000 | $288,000 | $1,036,000 | $96,000 | $266,000 |
| Mortgage Insurance Denied | 1 | $108,000 | $108,000 | $108,000 | $64,000 | $64,000 |
| Unverifiable Information | 1 | $1,300,000 | $1,300,000 | $1,300,000 | $1,120,000 | $1,120,000 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in ME, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Maine, and search similar information at your convenience.