Sagadahoc County, ME Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 1,989 mortgage applications in Sagadahoc County, ME totaling $355.8 million, up 14% from 2015. The average application was for $178,000, and applicants reported an average income of $81,000. 54% of applications resulted in an originated loan and 16% were denied. The most active lender was Bath Savings Institution, with 178 applications, followed by Atlantic Federal Credit Union and Residential Mortgage Services, Inc..

Looking for lender-specific data?
Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Maine.
Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

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 1,989
Total Mortgage Loan Application Amount $355,767,000
Average Mortgage Loan Application Amount $178,000
Highest Mortgage Loan Application Amount $6,580,000
Average Applicant Income $81,000
Highest Applicant Income $1,509,000

Mortgage Company List for Lending in Sagadahoc County, ME for 2016

* 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
Bath Savings Institution
105 FRONT STREET
BATH, ME 04530
* $ 794,075,000 178 $ 40,912,000
Atlantic Federal Credit Union
PO BOX 188
BRUNSWICK, ME 04011
* $ 301,105,000 161 $ 18,302,000
Residential Mortgage Services, Inc.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ 10,000,000 126 $ 21,544,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 123 $ 20,553,000
First Federal Savings and Loan Assocation of Bath
PO BOX 488
BATH, ME 04530
* $ 120,370,000 91 $ 14,368,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,610,580,000,000 81 $ 15,719,000
The Camden National Bank
2 ELM STREET
CAMDEN, ME 04843
* $ 3,681,225,000 78 $ 12,735,000
Bangor Savings Bank
19 MAINE AVENUE
BANGOR, ME 04401
* $ 3,304,123,000 75 $ 14,977,000
Norway Savings Bank
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ 1,025,141,000 43 $ 11,407,000
Freedom Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 35 $ 6,449,000
Lendus, LLC
3236 STONE VALLEY ROAD W
ALAMO, CA 94507
* $ 10,000,000 33 $ 5,276,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 32 $ 5,070,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 32 $ 5,827,000
Harborone Mortgage, LLC
1045 ELM ST SUITE 601
MANCHESTER, NH 03101
* $ 100,000,000 31 $ 5,229,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 30 $ 4,486,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 29 $ 5,268,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 29 $ 6,105,000
Midcoast
186 LOWER MAIN STREET
FREEPORT, ME 04032
* $ 150,711,000 27 $ 4,268,000
Cuso Mortgage Corporation
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ 10,000,000 27 $ 4,554,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 25 $ 4,823,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 205,125,538,000 25 $ 4,826,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 93,038,275,000 25 $ 2,704,000
Ancorum Credit Union
765 WASHINGTON STREET
BATH, ME 04530
* $ 224,008,000 25 $ 3,764,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 24 $ 4,314,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 23 $ 5,402,000
Northeast Bank
500 CANAL ST
LEWISTON, ME 04240
* $ 893,445,000 23 $ 4,105,000
Lisbon Community FCU
325 LISBON ST
LISBON, ME 04250-0878, ME 04250
* $ 96,944,000 22 $ 1,503,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 21 $ 4,530,000
Mortgage Network, Inc.
99 CONIFER HILL DR
DANVERS, MA 01923
* $ 3,700,000 21 $ 4,100,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 20 $ 3,495,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 19 $ 4,612,000
Androscoggin Bank
30 LISBON STREET
LEWISTON, ME 04243
* $ 866,156,000 18 $ 3,503,000
Downeast Credit Union
23 THIRD AVE
BAILEYVILLE, ME 04694
* $ 152,894,000 16 $ 1,604,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 16 $ 2,938,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 246,485,756,000 15 $ 2,234,000
First National Bank
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ 1,530,967,000 14 $ 2,436,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ 10,000,000 14 $ 2,448,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 12 $ 2,885,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 11 $ 1,870,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 10 $ 1,805,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 9 $ 1,389,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 8 $ 1,135,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 8 $ 1,520,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 224,192,000 8 $ 133,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 7 $ 117,000
People's United Bank
850 MAIN STREET
BRIDGEPORT, CT 06604
* $ 38,450,416,000 6 $ 632,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ 10,000,000 6 $ 1,097,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 6 $ 933,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 5 $ 954,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 5 $ 821,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 5 $ 934,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 5 $ 313,000
Norwich Commercial Group Inc
38 SECURITY DRIVE
AVON, CT 06001
* $ 17,789,000 5 $ 913,000
Gorham Savings Bank
10 WENTWORTH DRIVE
GORHAM, ME 04038
* $ 995,830,000 5 $ 710,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 5 $ 670,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 5 $ 1,379,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 4 $ 508,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 4 $ 658,000
Town and Country Federal Credi
557 MAIN STREET P.O. BOX 9420
SOUTH PORTLAND, ME 04116
* $ 309,933,000 4 $ 400,000
Northpoint Mortgage, Inc.
204 TURNPIKE ROAD
STURBRIDGE, MA 01566
* $ 8,712,000 4 $ 740,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 4 $ 661,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 4 $ 232,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 4 $ 877,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 4 $ 635,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 4 $ 832,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 3 $ 461,000
Bar Harbor Bank & Trust
82 MAIN STREET
BAR HARBOR, ME 04609
* $ 1,579,046,000 3 $ 775,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,299,801,000,000 3 $ 443,000
Megastar Finanacial Corp
1080 CHEROKEE STREET
DENVER, CO 80204
* $ 10,000,000 3 $ 807,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 3 $ 563,000
Acrisure Mortgage, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ 12,000,000 3 $ 528,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 3 $ 327,000
Mechanics Savings Bank
100 MINOT AVENUE
AUBURN, ME 04210
* $ 374,363,000 3 $ 252,000
University Credit Union
15 MAIN STREET
ORONO, ME 04473
* $ 265,709,000 3 $ 514,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 3 $ 547,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ 89,030,433,000 3 $ 627,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 3 $ 348,000
Stifel Bank & Trust
501 N BROADWAY
ST LOUIS, MO 63141
* $ 7,273,809,000 3 $ 1,800,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 3 $ 405,000
Cbc National Bank
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 464,368,000 3 $ 418,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 2 $ 405,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 108,064,717,000 2 $ 1,090,000
Nbt Bank NA
52 S BROAD ST
NORWICH, NY 13815
* $ 8,198,830,000 2 $ 471,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 451,930,000 2 $ 424,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 348,291,098,000 2 $ 441,000
Dirigo Federal Credit Union
391 MAIN STREET
LEWISTON, ME 04243
* $ 190,786,000 2 $ 296,000
Infinity Federal Credit Union
202 LARRABEE ROAD
WESTBROOK, ME 04092
* $ 308,775,000 2 $ 225,000
Truchoice FCU
332 CUMMINGS RD
SOUTH PORTLAND, ME 04106
* $ 107,146,000 2 $ 417,000
Sanford Institution for Savings
900 MAIN STREET
SANFORD, ME 04073
* $ 508,144,000 2 $ 330,000
Trademark FCU
44 EDISON DRIVE
AUGUSTA, ME 04330
* $ 81,133,000 2 $ 105,000
Logix Federal Credit Union
2340 HOLLYWOOD WAY
VALENCIA, CA 91355
* $ 4,230,821,000 2 $ 310,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 122,099,687,000 2 $ 195,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 19,460,442,000 2 $ 286,000
Cport Credit Union
PO BOX 777
PORTLAND, ME 04103
* $ 173,030,000 2 $ 289,000
Saco & Biddeford Savings Institution
50 INDUSTRIAL PARK ROAD
SACO, ME 04072
* $ 861,705,000 2 $ 376,000
Alliance Financial Resources
5410 EAST HIGH STREET SUITE 200
PHOENIX, AZ 85054
* $ 10,000,000 2 $ 207,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 2 $ 385,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 2 $ 395,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 2 $ 429,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 2 $ 349,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 2 $ 426,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 2 $ 324,000
First Mariner Bank
3301 BOSTON STREET
BALTIMORE, MD 21224
* $ 921,127,000 2 $ 344,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,649,486,000 2 $ 333,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 2,887,863,000 2 $ 500,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 318,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 2 $ 232,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 128,000
Millbury Federal Credit Union
50 MAIN STREET
MILLBURY, MA 01527
* $ 301,808,000 1 $ 228,000
Platinum Home Mortgage Corporation
2200 HICKS RD, STE 101
SPRINGFIELD, IL 60008
* $ 10,000,000 1 $ 211,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 233,000
Banc of California, National Association
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 8,231,396,000 1 $ 100,000
UBS Ag, Tampa Branch
3000 BAYPORT
TAMPA, FL 33607
* $ 0 1 $ 200,000
Auburn Savings Bank, FSB
256 COURT ST. PO BOX 3157
AUBURN, ME 04210
* $ 71,210,000 1 $ 147,000
Flagship Financial Group, Llc.
3130 W. MAPLE LOOP DR.
LEHI, UT 84043
* $ 0 1 $ 149,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 85,747,508,000 1 $ 43,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 273,231,606,000 1 $ 280,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 96,000
Mortgage Equity Partners LLC
220 BROADWAY SUITE 205
LYNNFIELD, MA 01940
* $ 10,000,000 1 $ 219,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 112,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 234,000
First Choice Loan Services Inc.
ONE TOWER CENTER, FLOOR #18
EAST BRUNSWICK, NJ 08816
* $ 669,000,000 1 $ 101,000
Tiaa-Cref Trust Company FSB
211 NORTH BROADWAY, STE 1000
ST. LOUIS, MO 63102
* $ 3,519,033,000 1 $ 543,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 284,507,000 1 $ 264,000
First National Acceptance Company
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 1 $ 82,000
Optima Bank & Trust Company
2 HARBOUR PLACE
PORTSMOUTH, NH 03801
* $ 368,629,000 1 $ 315,000
The Provident Bank
5 MARKET ST
AMESBURY, MA 01913
* $ 743,651,000 1 $ 125,000
Passumpsic Bank
25 MR ARTHUR DRIVE
CHESTERFIELD, NH 03466
* $ 306,000,000 1 $ 344,000
United Bank
225 ASYLUM ST
HARTFORD, CT 06103
* $ 6,224,169,000 1 $ 90,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 11,567,246,000 1 $ 56,000
Machias Savings Bank
4 CENTER STREET
MACHIAS, ME 04654
* $ 1,158,833,000 1 $ 50,000
Skowhegan Savings Bank
13 ELM ST
SKOWHEGAN, ME 04976
* $ 563,533,000 1 $ 137,000
Notre Dame Federal Credit Union
P.O. BOX 7878
NOTRE DAME, IN 46556
* $ 471,967,000 1 $ 204,000
Casco Federal Credit Union
393 OSSIPEE TRAIL
GORHAM, ME 04038
* $ 53,809,000 1 $ 513,000
Maine Savings Federal Credit Union
PO BOX 347
HAMPDEN, ME 04444
* $ 304,051,000 1 $ 6,580,000
Reliant Bank
1736 CAROTHERS PARKWAY
BRENTWOOD, TN 37027
* $ 878,814,000 1 $ 332,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,580,860,000 1 $ 485,000
UBS Bank USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ 52,653,111,000 1 $ 593,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 1,267,342,000 1 $ 141,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ 5,889,539,000 1 $ 103,000
Peopleschoice Credit Union
23 INDUSTRIAL PARK RD
SACO, ME 04072
* $ 165,728,000 1 $ 144,000
Capital Bank, N.A.
ONE CHURCH ST SUITE 300
ROCKVILLE, MD 20850
* $ 729,014,000 1 $ 212,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ 9,774,230,000 1 $ 155,000

The tables below break down 2016 mortgage applications in Sagadahoc 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 Sagadahoc County, ME in 2016

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 972 $185,852,000 $191,000 $2,800,000 $79,000 $960,000
Refinancing 810 $151,604,000 $187,000 $6,580,000 $85,000 $1,509,000
Home Improvement 207 $18,311,000 $88,000 $576,000 $75,000 $328,000

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 1,595 $268,654,000 $168,000 $878,000 $87,000 $1,509,000
Not applicable 192 $50,728,000 $264,000 $6,580,000 $12,000 $500,000
Not Provided 167 $30,097,000 $180,000 $800,000 $106,000 $960,000
Black or African American 11 $1,826,000 $166,000 $307,000 $69,000 $104,000
Hispanic 11 $2,239,000 $203,000 $401,000 $134,000 $613,000
American Indian or Alaskan Native 8 $1,137,000 $142,000 $214,000 $49,000 $111,000
Asian 4 $911,000 $227,000 $304,000 $198,000 $339,000
Native Hawaiin or Other Pacific Islander 1 $175,000 $175,000 $175,000 $259,000 $259,000

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) 1,360 $248,470,000 $182,000 $6,580,000 $97,000 $1,509,000
FHA-insured (Federal Housing Administration) 311 $50,660,000 $162,000 $615,000 $48,000 $1,044,000
VA-guaranteed (Veterans Administration) 187 $36,641,000 $195,000 $391,000 $55,000 $350,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 131 $19,996,000 $152,000 $283,000 $40,000 $90,000

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 1,076 $197,988,000 $184,000 $6,580,000 $90,000 $1,509,000
Application Denied By Financial Institution 318 $48,369,000 $152,000 $720,000 $72,000 $1,044,000
Loan Purchased By The Institution 252 $46,091,000 $182,000 $880,000 $34,000 $500,000
Application Withdrawn By Applicant 206 $38,245,000 $185,000 $2,800,000 $100,000 $960,000
File Closed For Incompleteness 70 $13,075,000 $186,000 $829,000 $88,000 $1,148,000
Application Approved But Not Accepted 67 $11,999,000 $179,000 $829,000 $101,000 $1,397,000
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
Debt-To-Income Ratio 46 $5,892,000 $128,000 $506,000 $57,000 $125,000
Credit History 33 $2,973,000 $90,000 $230,000 $61,000 $180,000
Collateral 25 $4,861,000 $194,000 $503,000 $99,000 $255,000
Credit Application Incomplete 15 $2,889,000 $192,000 $503,000 $87,000 $259,000
Other 13 $1,497,000 $115,000 $224,000 $53,000 $219,000
Unverifiable Information 5 $819,000 $163,000 $640,000 $154,000 $423,000
Insufficient Cash (Downpayment, Closing Cost) 4 $495,000 $123,000 $225,000 $64,000 $115,000
Employment History 1 $230,000 $230,000 $230,000 $52,000 $52,000
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.

Download the Maine Lender List