The Bank Of Maine
Mortgage Loan Application
Totals and Details
for 2014
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 | 1,157 |
| Total Mortgage Loan Application Amount | $276,854,000 |
| Average Mortgage Loan Application Amount | $229,000 |
| Highest Mortgage Loan Application Amount | $6,400,000 |
| Average Applicant Income | $115,000 |
| Highest Applicant Income | $3,000,000 |
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 |
|---|---|---|---|---|
| Cumberland County Maine | 280 | $ 80,421,000 | $ 287,000 | $ 129,000 |
| Kennebec County Maine | 224 | $ 27,053,000 | $ 120,000 | $ 69,000 |
| York County Maine | 218 | $ 61,654,000 | $ 282,000 | $ 144,000 |
| Sagadahoc County Maine | 61 | $ 10,400,000 | $ 170,000 | $ 86,000 |
| Lincoln County Maine | 48 | $ 7,707,000 | $ 160,000 | $ 73,000 |
| Washington County Maine | 44 | $ 4,421,000 | $ 100,000 | $ 115,000 |
| Plymouth County Massachusetts | 33 | $ 7,915,000 | $ 239,000 | $ 122,000 |
| Androscoggin County Maine | 28 | $ 3,968,000 | $ 141,000 | $ 71,000 |
| Middlesex County Massachusetts | 21 | $ 11,480,000 | $ 546,000 | $ 190,000 |
| Norfolk County Massachusetts | 17 | $ 9,341,000 | $ 549,000 | $ 196,000 |
| Somerset County Maine | 15 | $ 1,818,000 | $ 121,000 | $ 64,000 |
| Waldo County Maine | 12 | $ 1,234,000 | $ 102,000 | $ 78,000 |
| Penobscot County Maine | 11 | $ 1,166,000 | $ 106,000 | $ 82,000 |
| Rockingham County New Hampshire | 11 | $ 4,100,000 | $ 372,000 | $ 159,000 |
| Suffolk County Massachusetts | 10 | $ 5,904,000 | $ 590,000 | $ 215,000 |
| Franklin County Maine | 8 | $ 1,073,000 | $ 134,000 | $ 113,000 |
| Essex County Massachusetts | 8 | $ 3,397,000 | $ 424,000 | $ 264,000 |
| Aroostook County Maine | 6 | $ 646,000 | $ 107,000 | $ 55,000 |
| Hancock County Maine | 6 | $ 1,041,000 | $ 173,000 | $ 95,000 |
| Nantucket County Massachusetts | 6 | $ 3,061,000 | $ 510,000 | $ 368,000 |
| Providence County Rhode Island | 5 | $ 1,728,000 | $ 345,000 | $ 160,000 |
| Washington County Rhode Island | 5 | $ 1,866,000 | $ 373,000 | $ 140,000 |
| Knox County Maine | 4 | $ 646,000 | $ 161,000 | $ 44,000 |
| Oxford County Maine | 4 | $ 838,000 | $ 209,000 | $ 190,000 |
| Barnstable County Massachusetts | 4 | $ 1,270,000 | $ 317,000 | $ 142,000 |
| Hillsborough County New Hampshire | 4 | $ 928,000 | $ 232,000 | $ 86,000 |
| Pinellas County Florida | 3 | $ 362,000 | $ 120,000 | $ 211,000 |
| Westchester County New York | 3 | $ 1,540,000 | $ 513,000 | $ 239,000 |
| Lee County Florida | 2 | $ 285,000 | $ 142,000 | $ 106,000 |
| St. Lucie County Florida | 2 | $ 313,000 | $ 156,000 | $ 120,000 |
| Worcester County Massachusetts | 2 | $ 432,000 | $ 216,000 | $ 106,000 |
| Washington County Minnesota | 2 | $ 1,640,000 | $ 820,000 | $ 285,000 |
| Carroll County New Hampshire | 2 | $ 698,000 | $ 349,000 | $ 282,000 |
| Rockland County New York | 2 | $ 707,000 | $ 353,000 | $ 173,000 |
| Mecklenburg County North Carolina | 2 | $ 477,000 | $ 238,000 | $ 100,000 |
| Shelby County Tennessee | 2 | $ 515,000 | $ 257,000 | $ 110,000 |
| Skagit County Washington | 2 | $ 834,000 | $ 417,000 | $ 322,000 |
| Los Angeles County California | 1 | $ 1,210,000 | $ 1,210,000 | $ 236,000 |
| Fairfield County Connecticut | 1 | $ 620,000 | $ 620,000 | $ 249,000 |
| New Haven County Connecticut | 1 | $ 130,000 | $ 130,000 | $ 0 |
| Collier County Florida | 1 | $ 1,600,000 | $ 1,600,000 | $ 540,000 |
| Indian River County Florida | 1 | $ 308,000 | $ 308,000 | $ 99,000 |
| Miami-Dade County Florida | 1 | $ 357,000 | $ 357,000 | $ 344,000 |
| Volusia County Florida | 1 | $ 475,000 | $ 475,000 | $ 585,000 |
| Piscataquis County Maine | 1 | $ 340,000 | $ 340,000 | $ 675,000 |
| Howard County Maryland | 1 | $ 190,000 | $ 190,000 | $ 180,000 |
| Montgomery County Maryland | 1 | $ 151,000 | $ 151,000 | $ 162,000 |
| Bristol County Massachusetts | 1 | $ 130,000 | $ 130,000 | $ 58,000 |
| Hampshire County Massachusetts | 1 | $ 176,000 | $ 176,000 | $ 57,000 |
| Clark County Nevada | 1 | $ 50,000 | $ 50,000 | $ 57,000 |
| Belknap County New Hampshire | 1 | $ 417,000 | $ 417,000 | $ 350,000 |
| Grafton County New Hampshire | 1 | $ 133,000 | $ 133,000 | $ 44,000 |
| Strafford County New Hampshire | 1 | $ 138,000 | $ 138,000 | $ 76,000 |
| Bergen County New Jersey | 1 | $ 266,000 | $ 266,000 | $ 83,000 |
| Essex County New Jersey | 1 | $ 266,000 | $ 266,000 | $ 88,000 |
| Mercer County New Jersey | 1 | $ 275,000 | $ 275,000 | $ 113,000 |
| Suffolk County New York | 1 | $ 434,000 | $ 434,000 | $ 145,000 |
| Union County North Carolina | 1 | $ 413,000 | $ 413,000 | $ 102,000 |
| Wake County North Carolina | 1 | $ 304,000 | $ 304,000 | $ 154,000 |
| Bucks County Pennsylvania | 1 | $ 285,000 | $ 285,000 | $ 156,000 |
| Bristol County Rhode Island | 1 | $ 192,000 | $ 192,000 | $ 56,000 |
| Kent County Rhode Island | 1 | $ 90,000 | $ 90,000 | $ 108,000 |
| Dorchester County South Carolina | 1 | $ 70,000 | $ 70,000 | $ 50,000 |
| Wilson County Tennessee | 1 | $ 171,000 | $ 171,000 | $ 93,000 |
| Bennington County Vermont | 1 | $ 224,000 | $ 224,000 | $ 75,000 |
| Raleigh County West Virginia | 1 | $ 1,011,000 | $ 1,011,000 | $ 698,000 |
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 2014
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 | 648 | $163,818,000 | $252,000 | $6,400,000 | $129,000 | $3,000,000 |
| Refinancing | 353 | $80,667,000 | $228,000 | $1,765,000 | $111,000 | $1,564,000 |
| Home Improvement | 156 | $32,369,000 | $207,000 | $1,200,000 | $105,000 | $1,335,000 |
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 | 978 | $222,950,000 | $227,000 | $1,600,000 | $121,000 | $3,000,000 |
| Not Provided | 134 | $31,084,000 | $231,000 | $1,300,000 | $113,000 | $1,128,000 |
| Asian | 17 | $7,604,000 | $447,000 | $1,116,000 | $246,000 | $556,000 |
| Not applicable | 13 | $11,963,000 | $920,000 | $6,400,000 | $0 | $0 |
| Hispanic | 9 | $1,698,000 | $188,000 | $386,000 | $85,000 | $344,000 |
| Black or African American | 4 | $1,249,000 | $312,000 | $935,000 | $138,000 | $420,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $306,000 | $153,000 | $252,000 | $81,000 | $100,000 |
| American Indian or Alaskan Native | 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) | 962 | $244,649,000 | $254,000 | $6,400,000 | $132,000 | $3,000,000 |
| FHA-insured (Federal Housing Administration) | 86 | $15,301,000 | $177,000 | $387,000 | $80,000 | $744,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 72 | $10,074,000 | $139,000 | $299,000 | $47,000 | $86,000 |
| VA-guaranteed (Veterans Administration) | 37 | $6,830,000 | $184,000 | $417,000 | $63,000 | $137,000 |
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 | 666 | $166,110,000 | $249,000 | $6,400,000 | $133,000 | $3,000,000 |
| Application Denied By Financial Institution | 243 | $49,174,000 | $202,000 | $1,765,000 | $82,000 | $744,000 |
| Application Withdrawn By Applicant | 184 | $44,662,000 | $242,000 | $1,440,000 | $116,000 | $1,564,000 |
| File Closed For Incompleteness | 45 | $13,510,000 | $300,000 | $1,600,000 | $158,000 | $1,335,000 |
| Application Approved But Not Accepted | 19 | $3,398,000 | $178,000 | $398,000 | $92,000 | $675,000 |
| 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 | 119 | $21,724,000 | $182,000 | $1,394,000 | $84,000 | $744,000 |
| Debt-To-Income Ratio | 64 | $15,954,000 | $249,000 | $1,765,000 | $66,000 | $465,000 |
| Collateral | 38 | $7,278,000 | $191,000 | $960,000 | $97,000 | $447,000 |
| Other | 12 | $2,412,000 | $201,000 | $596,000 | $111,000 | $523,000 |
| Employment History | 3 | $597,000 | $199,000 | $240,000 | $82,000 | $130,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $464,000 | $154,000 | $183,000 | $97,000 | $150,000 |
| Unverifiable Information | 2 | $565,000 | $282,000 | $500,000 | $95,000 | $165,000 |
| Credit Application Incomplete | 2 | $180,000 | $90,000 | $130,000 | $22,000 | $45,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
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.