Sagadahoc County, ME Mortgage Lenders & HMDA Data, 2017

In 2017, lenders reported 1,684 mortgage applications in Sagadahoc County, ME totaling $370.4 million, down 15% from 2016. The average application was for $219,000, and applicants reported an average income of $76,000. 58% of applications resulted in an originated loan and 12% were denied. The most active lender was Atlantic Federal Credit Union, with 177 applications, followed by Bath Savings Institution and Residential Mortgage Services, Inc..

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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 1,684
Total Mortgage Loan Application Amount $370,397,000
Average Mortgage Loan Application Amount $219,000
Highest Mortgage Loan Application Amount $75,000,000
Average Applicant Income $76,000
Highest Applicant Income $866,000

Mortgage Company List for Lending in Sagadahoc County, ME for 2017

* 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
Atlantic Federal Credit Union
PO BOX 188
BRUNSWICK, ME 04011
* $ 331,615,000 177 $ 19,984,000
Bath Savings Institution
105 FRONT STREET
BATH, ME 04530
* $ 844,535,000 135 $ 29,704,000
Residential Mortgage Services, Inc.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ -1,000 119 $ 20,894,000
The Camden National Bank
2 ELM STREET
CAMDEN, ME 04843
* $ 3,842,089,000 76 $ 84,279,000
Bangor Savings Bank
19 MAINE AVENUE
BANGOR, ME 04401
* $ 3,630,633,000 75 $ 12,989,000
First Federal Savings and Loan Assocation of Bath
PO BOX 488
BATH, ME 04530
* $ 124,798,000 63 $ 8,730,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,727,235,000,000 55 $ 9,406,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 38 $ 6,867,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 35 $ 5,609,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,082,803,000,000 34 $ 5,754,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 134,362,217,000 32 $ 4,149,000
Lendus, LLC
3236 STONE VALLEY ROAD W
ALAMO, CA 94507
* $ 0 31 $ 5,672,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 31 $ 6,238,000
Cuso Mortgage Corporation
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ -1,000 30 $ 4,083,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 79,775,662,000 28 $ 4,934,000
Norway Savings Bank
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ 1,092,604,000 26 $ 3,870,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 24 $ 4,126,000
Harborone Mortgage, LLC
1045 ELM ST SUITE 601
MANCHESTER, NH 03101
* $ -1,000 23 $ 4,645,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 22 $ 5,218,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 20 $ 3,375,000
Lisbon Community FCU
325 LISBON ST
LISBON, ME 04250-0878, ME 04250
* $ 104,444,000 20 $ 1,287,000
Northeast Bank
500 CANAL ST
LEWISTON, ME 04240
* $ 1,012,347,000 19 $ 3,252,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 19 $ 3,777,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 77,760,914,000 19 $ 4,145,000
Downeast Credit Union
23 THIRD AVE
BAILEYVILLE, ME 04694
* $ 164,672,000 18 $ 1,582,000
Ancorum Credit Union
765 WASHINGTON STREET
BATH, ME 04530
* $ 230,751,000 18 $ 3,060,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 17 $ 3,464,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 269,030,606,000 17 $ 2,563,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 15 $ 3,038,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 14 $ 3,183,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,677,490,000,000 13 $ 2,325,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 12 $ 2,394,000
Midcoast
186 LOWER MAIN STREET
FREEPORT, ME 04032
* $ 158,800,000 12 $ 2,072,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 10 $ 1,923,000
First National Bank
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ 1,678,542,000 10 $ 1,721,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 441,010,095,000 9 $ 1,908,000
Androscoggin Bank
30 LISBON STREET
LEWISTON, ME 04243
* $ 901,857,000 9 $ 4,756,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 9 $ 2,081,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 9 $ 1,575,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 9 $ 1,587,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 214,433,035,000 8 $ 1,056,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 7 $ 1,620,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 7 $ 1,320,000
Bar Harbor Bank & Trust
82 MAIN STREET
BAR HARBOR, ME 04609
* $ 1,754,525,000 7 $ 1,416,000
People's United Bank
850 MAIN STREET
BRIDGEPORT, CT 06604
* $ 40,287,450,000 7 $ 1,029,000
Mortgage Network, Inc.
99 CONIFER HILL DR
DANVERS, MA 01923
* $ -1,000 7 $ 1,356,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 7 $ 1,336,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 6 $ 1,061,000
Norwich Commercial Group Inc
38 SECURITY DRIVE
AVON, CT 06001
* $ -1,000 6 $ 1,222,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 6 $ 1,125,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 27,829,056,000 6 $ 1,127,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 5 $ 754,000
Northpoint Mortgage, Inc.
204 TURNPIKE ROAD
STURBRIDGE, MA 01566
* $ -1,000 5 $ 887,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ 89,030,433,000 5 $ 787,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,349,581,000,000 5 $ 996,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 4 $ 688,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 4 $ 713,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 4 $ 424,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 4 $ 856,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 252,204,000 4 $ 76,000
Sanford Institution for Savings
900 MAIN STREET
SANFORD, ME 04073
* $ 529,825,000 4 $ 933,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 200,557,635,000 4 $ 111,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 3,275,430,000 4 $ 763,000
Mechanics Savings Bank
100 MINOT AVENUE
AUBURN, ME 04210
* $ 382,632,000 4 $ 1,262,000
Katahdin Trust Company
11 MAIN STREET / PO BOX 450
PATTEN, ME 04765
* $ 753,621,000 4 $ 2,038,000
Ocwen Loan Servicing, LLC
1661 WORTHINGTION ROAD SUITE 100
WEST PALM BEACH, FL 33409
* $ -1,000 4 $ 900,000
University Credit Union
15 MAIN STREET
ORONO, ME 04473
* $ 276,038,000 3 $ 542,000
Machias Savings Bank
4 CENTER STREET
MACHIAS, ME 04654
* $ 1,269,811,000 3 $ 3,576,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 3 $ 530,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 3 $ 675,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,207,688,000 3 $ 75,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ -1,000 3 $ 665,000
Megastar Finanacial Corp
1080 CHEROKEE STREET
DENVER, CO 80204
* $ -1,000 3 $ 529,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 3 $ 835,000
Truchoice FCU
332 CUMMINGS RD
SOUTH PORTLAND, ME 04106
* $ 111,945,000 3 $ 305,000
Dirigo Federal Credit Union
391 MAIN STREET
LEWISTON, ME 04243
* $ 211,525,000 3 $ 630,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,980,496,000 3 $ 644,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 3 $ 623,000
Infinity Federal Credit Union
202 LARRABEE ROAD
WESTBROOK, ME 04092
* $ 327,589,000 3 $ 835,000
Skowhegan Savings Bank
13 ELM ST
SKOWHEGAN, ME 04976
* $ 588,505,000 3 $ 394,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 3 $ 493,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 3 $ 577,000
Passumpsic Bank
25 MR ARTHUR DRIVE
CHESTERFIELD, NH 03466
* $ -1,000 3 $ 786,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 286,080,320,000 3 $ 1,625,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 3 $ 431,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 2 $ 310,000
Great Plains National Bank
5909 NW EXPRESSWAY
ELK CITY, OK 73644
* $ 550,032,000 2 $ 461,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 11,254,182,000 2 $ 25,000
Cport Credit Union
PO BOX 777
PORTLAND, ME 04103
* $ 187,451,000 2 $ 432,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 2 $ 283,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 355,999,734,000 2 $ 378,000
Franklin First Financial, Ltd
538 BROADHOLLOW ROAD
MELVILLE, NY 11747
* $ -1,000 2 $ 262,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,862,672,000 2 $ 327,000
Trademark FCU
44 EDISON DRIVE
AUGUSTA, ME 04330
* $ 84,237,000 2 $ 184,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 2 $ 664,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,095,554,000 2 $ 222,000
Acrisure Mortgage, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ -1,000 2 $ 570,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 2 $ 348,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 2 $ 202,000
Farm Credit East Aca
240 SOUTH ROAD
ENFIELD, CT 06082
* $ -1,000 2 $ 460,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 122,631,667,000 2 $ 776,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ -1,000 2 $ 432,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 2 $ 368,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 2 $ 82,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 317,715,000 1 $ 256,000
Leader Bank NA
141 MASSACHUSETTS AVENUE
ARLINGTON, MA 02474
* $ 1,091,045,000 1 $ 304,000
Community Credit Union
144 PINE STREET
LEWISTON, ME 04240
* $ 50,759,000 1 $ 20,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 182,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 475,515,000 1 $ 152,000
Priority Funding, LLC
292 MAIN STREET, SUITE G1
NORTHBORO, MA 01532
* $ -1,000 1 $ 10,000
Town and Country Federal Credi
557 MAIN STREET P.O. BOX 9420
SOUTH PORTLAND, ME 04116
* $ 333,495,000 1 $ 163,000
Northway Bank

CAMDEN, ME 04856
* $ 884,984,000 1 $ 205,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 18,252,081,000 1 $ 112,000
Bank Fund Staff Federal Credit
1725 I STREET NW SUITE 150
WASHINGTON, DC 20006
* $ 4,482,670,000 1 $ 310,000
Roundpoint Mortgage Servicing LLC
446 WRENPLACE ROAD
FORT MILL, SC 29715
* $ 0 1 $ 118,000
Banc of California, National Association
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ -1,000 1 $ 280,000
Maine Family Federal Credit Union
555 SABATTUS STREET
LEWISTON, ME 04240
* $ 143,833,000 1 $ 166,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 200,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 63,000
Maine Savings Federal Credit Union
PO BOX 347
HAMPDEN, ME 04444
* $ 331,241,000 1 $ 130,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 21,301,361,000 1 $ 151,000
Auburn Savings Bank, FSB
256 COURT ST. PO BOX 3157
AUBURN, ME 04210
* $ 69,675,000 1 $ 163,000
Walker & Dunlop, LLC
7501 WISCONSIN AVE, STE 1200E
BETHESDA, MD 20814
* $ -1,000 1 $ 4,120,000
Live Well Financial, Inc.
1011 BOULDER SPRINGS DRIVE
RICHMOND, VA 23225
* $ 176,870,000 1 $ 101,000
Millbury Federal Credit Union
50 MAIN STREET
MILLBURY, MA 01527
* $ 308,628,000 1 $ 241,000
Cbc National Bank
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 561,134,000 1 $ 240,000
Nationwide Bank
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 6,870,076,000 1 $ 224,000
York County Federal Credit Union
1516 MAIN STREET
SANFORD, ME 04073
* $ 262,568,000 1 $ 35,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ -1,000 1 $ 63,000
Saco & Biddeford Savings Institution
50 INDUSTRIAL PARK ROAD
SACO, ME 04072
* $ 878,375,000 1 $ 268,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 116,939,799,000 1 $ 318,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 126,000
Intercap Lending Inc
910 EAST 6600 SOUTH
SALT LAKE CITY, UT 84121
* $ -1,000 1 $ 178,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 6,411,041,000 1 $ 172,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 1 $ 298,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 91,146,995,000 1 $ 35,000
Sofi Mortgage, LLC
6175 MAIN STREET, SUITE 490
FRISCO, TX 75034
* $ 0 1 $ 178,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ -1,000 1 $ 285,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 126,000
Ussfcu
2750 EISENHOWER AVENUE
ALEXANDRIA, VA 22314
* $ 610,062,000 1 $ 32,000
Tiaa-Cref Trust Company FSB
211 NORTH BROADWAY, STE 1000
ST. LOUIS, MO 63102
* $ 4,518,183,000 1 $ 273,000

The tables below break down 2017 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 2017

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 893 $257,205,000 $288,000 $75,000,000 $79,000 $866,000
Refinancing 586 $97,940,000 $167,000 $808,000 $71,000 $648,000
Home Improvement 205 $15,252,000 $74,000 $350,000 $77,000 $800,000

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 1,308 $219,120,000 $167,000 $808,000 $84,000 $866,000
Not applicable 181 $119,458,000 $659,000 $75,000,000 $5,000 $117,000
Not Provided 153 $24,700,000 $161,000 $590,000 $86,000 $800,000
Hispanic 20 $3,713,000 $185,000 $303,000 $81,000 $143,000
Black or African American 11 $1,583,000 $143,000 $575,000 $84,000 $320,000
Asian 6 $1,160,000 $193,000 $349,000 $99,000 $245,000
American Indian or Alaskan Native 4 $555,000 $138,000 $245,000 $71,000 $121,000
Native Hawaiian or Other Pacific Islander 1 $108,000 $108,000 $108,000 $28,000 $28,000

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) 1,167 $277,650,000 $237,000 $75,000,000 $87,000 $866,000
FHA-insured (Federal Housing Administration) 244 $40,777,000 $167,000 $310,000 $47,000 $141,000
VA-guaranteed (Veterans Administration) 170 $34,772,000 $204,000 $471,000 $61,000 $522,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 103 $17,198,000 $166,000 $258,000 $43,000 $81,000

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 980 $246,456,000 $251,000 $75,000,000 $86,000 $866,000
Loan Purchased By The Institution 207 $37,358,000 $180,000 $471,000 $24,000 $438,000
Application Denied By Financial Institution 198 $34,689,000 $175,000 $3,220,000 $64,000 $648,000
Application Withdrawn By Applicant 192 $32,839,000 $171,000 $808,000 $92,000 $800,000
File Closed For Incompleteness 56 $9,198,000 $164,000 $295,000 $74,000 $173,000
Application Approved But Not Accepted 51 $9,857,000 $193,000 $424,000 $71,000 $267,000
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
Credit History 32 $4,056,000 $126,000 $411,000 $73,000 $613,000
Debt-To-Income Ratio 27 $5,024,000 $186,000 $590,000 $63,000 $218,000
Collateral 23 $3,459,000 $150,000 $424,000 $57,000 $129,000
Other 11 $996,000 $90,000 $243,000 $57,000 $118,000
Credit Application Incomplete 8 $1,286,000 $160,000 $361,000 $79,000 $164,000
Unverifiable Information 7 $1,368,000 $195,000 $340,000 $145,000 $648,000
Employment History 1 $100,000 $100,000 $100,000 $76,000 $76,000
Insufficient Cash (Downpayment, Closing Cost) 1 $331,000 $331,000 $331,000 $87,000 $87,000
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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