Sagadahoc County, ME Mortgage Lenders & HMDA Data, 2018

In 2018, lenders reported 1,759 mortgage applications in Sagadahoc County, ME totaling $338.5 million, up 4% from 2017. The average application was for $192,000, and applicants reported an average income of $95,000. 57% of applications resulted in an originated loan and 15% were denied. The most active lender was Bath Savings Institution, with 114 applications, followed by Atlantic Federal Credit Union and The Camden National 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 1,759
Total Mortgage Loan Application Amount $338,505,000
Average Mortgage Loan Application Amount $192,000
Highest Mortgage Loan Application Amount $31,505,000
Average Applicant Income $95,000
Highest Applicant Income $2,539,000

Mortgage Company List for Lending in Sagadahoc County, ME for 2018

* 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
* $ 876,496,000 114 $ 23,450,000
Atlantic Federal Credit Union
PO BOX 188
BRUNSWICK, ME 04011
* $ 363,656,000 112 $ 16,260,000
The Camden National Bank
2 ELM STREET
CAMDEN, ME 04843
* $ 4,042,486,000 110 $ 12,810,000
Bangor Savings Bank
19 MAINE AVENUE
BANGOR, ME 04401
* $ 3,767,622,000 101 $ 17,305,000
Residential Mortgage Services, Inc.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ -1,000 100 $ 20,310,000
First Federal Savings and Loan Assocation of Bath
PO BOX 488
BATH, ME 04530
* $ 126,998,000 71 $ 10,345,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 135,758,439,000 56 $ 37,500,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,747,398,000,000 56 $ 10,190,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 288,294,007,000 54 $ 9,410,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 49 $ 6,795,000
Norway Savings Bank
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ 1,134,345,000 43 $ 8,675,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 35 $ 4,575,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 33 $ 5,625,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 33 $ 6,475,000
Cuso Mortgage Corporation
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ -1,000 31 $ 4,715,000
Androscoggin Bank
30 LISBON STREET
LEWISTON, ME 04243
* $ 955,179,000 29 $ 7,055,000
Lendus, LLC
3236 STONE VALLEY ROAD W
ALAMO, CA 94507
* $ -1,000 28 $ 4,650,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 26 $ 5,150,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 26 $ 4,120,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 22 $ 4,460,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 21 $ 4,875,000
Ancorum Credit Union
765 WASHINGTON STREET
BATH, ME 04530
* $ 243,247,000 20 $ 3,050,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 17 $ 3,305,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 17 $ 3,095,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 17 $ 3,885,000
Harborone Mortgage, LLC
1045 ELM ST SUITE 601
MANCHESTER, NH 03101
* $ -1,000 16 $ 2,830,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 16 $ 2,910,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 15 $ 2,535,000
Midcoast
186 LOWER MAIN STREET
FREEPORT, ME 04032
* $ 171,454,000 15 $ 2,425,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 15 $ 3,385,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 15 $ 2,975,000
Mortgage Network, Inc.
99 CONIFER HILL DR
DANVERS, MA 01923
* $ -1,000 11 $ 2,335,000
Lisbon Community FCU
325 LISBON ST
LISBON, ME 04250-0878, ME 04250
* $ 108,949,000 11 $ 775,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 11 $ 2,095,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 10 $ 2,300,000
First National Bank
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ 1,810,417,000 10 $ 2,130,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 10 $ 1,590,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 9 $ 1,295,000
Northeast Bank
500 CANAL ST
LEWISTON, ME 04240
* $ 1,035,689,000 9 $ 1,725,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 9 $ 1,275,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 9 $ 2,365,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 9 $ 1,715,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 8 $ 1,540,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 8 $ 1,310,000
Machias Savings Bank
4 CENTER STREET
MACHIAS, ME 04654
* $ 1,348,263,000 8 $ 2,540,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 7 $ 1,365,000
Mechanics Savings Bank
100 MINOT AVENUE
AUBURN, ME 04210
* $ 396,476,000 7 $ 1,525,000
Town and Country Federal Credi
557 MAIN STREET P.O. BOX 9420
SOUTH PORTLAND, ME 04116
* $ 361,494,000 7 $ 1,135,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 7 $ 1,385,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 6 $ 1,360,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 6 $ 890,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 6 $ 950,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 6 $ 1,230,000
Northpoint Mortgage, Inc.
204 TURNPIKE ROAD
STURBRIDGE, MA 01566
* $ -1,000 6 $ 1,210,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 6 $ 1,500,000
University Credit Union
15 MAIN STREET
ORONO, ME 04473
* $ 289,006,000 6 $ 680,000
Truchoice FCU
332 CUMMINGS RD
SOUTH PORTLAND, ME 04106
* $ 121,703,000 6 $ 710,000
People's United Bank
850 MAIN STREET
BRIDGEPORT, CT 06604
* $ 44,197,959,000 5 $ 375,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 5 $ 1,175,000
Gorham Savings Bank
10 WENTWORTH DRIVE
GORHAM, ME 04038
* $ 1,088,821,000 5 $ 1,355,000
Downeast Credit Union
23 THIRD AVE
BAILEYVILLE, ME 04694
* $ 177,095,000 5 $ 515,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 4 $ 960,000
Norwich Commercial Group Inc
38 SECURITY DRIVE
AVON, CT 06001
* $ -1,000 4 $ 1,110,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 98,729,134,000 4 $ 170,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 4 $ 950,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 4 $ 680,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 4 $ 950,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 22,858,876,000 4 $ 1,020,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 4 $ 670,000
Cport Credit Union
PO BOX 777
PORTLAND, ME 04103
* $ 203,546,000 3 $ 305,000
Maine Family Federal Credit Union
555 SABATTUS STREET
LEWISTON, ME 04240
* $ 154,054,000 3 $ 425,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 3 $ 415,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 969,487,000 3 $ 435,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 3 $ 315,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 3 $ 195,000
Bar Harbor Bank & Trust
82 MAIN STREET
BAR HARBOR, ME 04609
* $ 3,562,938,000 3 $ 525,000
Santander Bank, N.A.
824 NORTH MARKET STREET, SUITE 100
WILMINGTON, DE 19801
* $ 74,450,413,000 3 $ 1,315,000
Infinity Federal Credit Union
202 LARRABEE ROAD
WESTBROOK, ME 04092
* $ 337,263,000 3 $ 395,000
Passumpsic Bank
25 MR ARTHUR DRIVE
CHESTERFIELD, NH 03466
* $ -1,000 3 $ 545,000
Digital Federal Credit Union
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ 8,273,309,000 3 $ 375,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 2 $ 80,000
Skowhegan Savings Bank
13 ELM ST
SKOWHEGAN, ME 04976
* $ 597,068,000 2 $ 310,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 2 $ 460,000
Megastar Finanacial Corp
1080 CHEROKEE STREET
DENVER, CO 80204
* $ -1,000 2 $ 540,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 2 $ 170,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 2 $ 740,000
Katahdin Trust Company
11 MAIN STREET / PO BOX 450
PATTEN, ME 04765
* $ 794,421,000 2 $ 490,000
Peopleschoice Credit Union
23 INDUSTRIAL PARK RD
SACO, ME 04072
* $ 194,447,000 2 $ 270,000
Mortgage Equity Partners LLC
220 BROADWAY SUITE 205
LYNNFIELD, MA 01940
* $ -1,000 2 $ 320,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 4,724,296,000 2 $ 450,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 2 $ 330,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 2 $ 130,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 14,726,156,000 2 $ 240,000
Evergreen Credit Union
225 RIVERSIDE STREET
PORTLAND, ME 04103
* $ 269,593,000 2 $ 100,000
Farm Credit East Aca
240 SOUTH ROAD
ENFIELD, CT 06082
* $ -1,000 2 $ 390,000
Priority Funding, LLC
292 MAIN STREET, SUITE G1
NORTHBORO, MA 01532
* $ -1,000 2 $ 100,000
Angel Oak Mortgage Solutions LLC
980 HAMMOND DRIVE, SUITE 850
ATLANTA, GA 30328
* $ -1,000 2 $ 460,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 316,352,000 2 $ 290,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 240,467,000 2 $ 240,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 2 $ 300,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 2 $ 380,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 2 $ 520,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 1 $ 155,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 215,000
Weichert Financial Services
225 LITTLETON ROAD
MORRIS PLAINS, NJ 07950
* $ -1,000 1 $ 605,000
Reverse Mortgage Funding LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ -1,000 1 $ 105,000
Dirigo Federal Credit Union
391 MAIN STREET
LEWISTON, ME 04243
* $ 230,473,000 1 $ 105,000
The Union Bank Company
105 PROGRESSIVE DRIVE
COLUMBUS GROVE, OH 45830
* $ 778,829,000 1 $ 225,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 205,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,696,742,000 1 $ 185,000
Village Mortgage Company
30 TOWER LANE
AVON, CT 06001
* $ -1,000 1 $ 125,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 1 $ 115,000
HSBC Bank USA, NA

CHICAGO, IL 60606
* $ 180,371,724,000 1 $ 255,000
Bank of New Hampshire
62 PLEASANT ST
LACONIA, NH 03246
* $ 1,538,213,000 1 $ 405,000
Newburyport Five Cents Savings Bank
63 STATE STREET
NEWBURYPORT, MA 01950
* $ 839,348,000 1 $ 665,000
First Home Bank
9190 SEMINOLE BLVD
SEMINOLE, FL 33772
* $ 260,106,000 1 $ 295,000
Trademark FCU
44 EDISON DRIVE
AUGUSTA, ME 04330
* $ 85,965,000 1 $ 15,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ 198,592,000,000 1 $ 225,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 109,372,608,000 1 $ 145,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 65,127,000,000 1 $ 135,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 1 $ 255,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ 41,201,025,000 1 $ 425,000
Triumph Bank
1780 MORIAH WOODS BLVD., SUITE 4
MEMPHIS, TN 38117
* $ 722,208,000 1 $ 305,000
United Fidelity Funding Corp.
1300 NW BRIARCLIFF PKWY SUITE 275
JEFFERSON CITY, MO 64150
* $ -1,000 1 $ 205,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ -1,000 1 $ 95,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ -1,000 1 $ 95,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,384,707,000,000 1 $ 155,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 185,000
City National Bank
555 S FLOWER ST
LOS ANGELES, CA 90071
* $ 47,934,212,000 1 $ 305,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,995,487,000 1 $ 225,000
Patriot Community Bank
237 LEXINGTON STREET
WOBURN, MA 01801
* $ 165,588,000 1 $ 265,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 34,298,273,000 1 $ 65,000
Arvest Bank

TULSA, OK 74103
* $ 16,758,528,000 1 $ 205,000
Lenderfi, Inc.
23875 VENTURA BLVD SUITE 203B
CALABASAS, CA 91302
* $ -1,000 1 $ 245,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ -1,000 1 $ 175,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,175,351,000 1 $ 145,000
Community First National Bank
215 S SETH CHILD RD
MANHATTAN, KS 66502
* $ 251,259,000 1 $ 165,000
Accelerate Mortgage, LLC
750 PRIDES CROSSING #303
NEWARK, DE 19713
* $ -1,000 1 $ 245,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ -1,000 1 $ 165,000
Keller Mortgage, LLC

AUSTIN, TX 78746
* $ -1,000 1 $ 245,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 1 $ 275,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 145,000
Cumberland County Federal Credit Union
101 GRAY RD
FALMOUTH, ME 04105
* $ 244,615,000 1 $ 145,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 2,764,317,000 1 $ 195,000
Maine Savings Federal Credit Union
PO BOX 347
HAMPDEN, ME 04444
* $ 355,768,000 1 $ 305,000
Sofi Mortgage, LLC
6175 MAIN STREET, SUITE 490
FRISCO, TX 75034
* $ -1,000 1 $ 195,000
United Bank
225 ASYLUM ST
HARTFORD, CT 06103
* $ 7,112,603,000 1 $ 65,000
Mb Financial Bank, National Association
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 20,030,342,000 1 $ 275,000

The tables below break down 2018 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 2018

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 947 $192,965,000 $203,000 $1,165,000 $99,000 $2,539,000
Cash-out Refinancing 323 $55,225,000 $170,000 $775,000 $84,000 $655,000
Refinancing 236 $69,190,000 $293,000 $31,505,000 $87,000 $655,000
Home Improvement 119 $9,015,000 $75,000 $265,000 $114,000 $499,000
Other Purpose 113 $10,135,000 $89,000 $505,000 $90,000 $659,000
Not Applicable 21 $1,975,000 $94,000 $205,000 $109,000 $137,000

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 1,409 $241,045,000 $171,000 $855,000 $94,000 $2,539,000
Not Provided 158 $28,330,000 $179,000 $705,000 $98,000 $938,000
Not applicable 151 $61,195,000 $405,000 $31,505,000 $78,000 $182,000
Hispanic 14 $2,810,000 $200,000 $335,000 $127,000 $234,000
Black or African American 9 $1,445,000 $160,000 $405,000 $99,000 $250,000
American Indian or Alaskan Native 7 $1,565,000 $223,000 $775,000 $97,000 $321,000
Asian 6 $1,340,000 $223,000 $435,000 $94,000 $242,000
Native Hawaiian or Other Pacific Islander 1 $195,000 $195,000 $195,000 $75,000 $75,000

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) 1,289 $247,515,000 $192,000 $31,505,000 $104,000 $2,539,000
FHA-insured (Federal Housing Administration) 232 $42,030,000 $181,000 $335,000 $66,000 $168,000
VA-guaranteed (Veterans Administration) 163 $36,735,000 $225,000 $455,000 $76,000 $198,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 75 $12,225,000 $163,000 $315,000 $55,000 $107,000

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 1,005 $210,475,000 $209,000 $31,505,000 $104,000 $2,539,000
Application Denied By Financial Institution 261 $37,925,000 $145,000 $775,000 $67,000 $321,000
Application Withdrawn By Applicant 236 $40,340,000 $170,000 $785,000 $87,000 $480,000
Loan Purchased By The Institution 186 $37,020,000 $199,000 $605,000 $99,000 $655,000
File Closed For Incompleteness 48 $8,840,000 $184,000 $355,000 $102,000 $511,000
Application Approved But Not Accepted 22 $3,840,000 $174,000 $345,000 $97,000 $266,000
Preapproval Approved but not Accepted 1 $65,000 $65,000 $65,000 $21,000 $21,000
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 1,402 $280,430,000 $200,000 $31,505,000 $98,000 $938,000
Debt-To-Income Ratio 195 $35,445,000 $181,000 $885,000 $94,000 $2,539,000
Credit History 56 $7,170,000 $128,000 $355,000 $71,000 $230,000
Collateral 47 $7,675,000 $163,000 $445,000 $90,000 $278,000
Credit Application Incomplete 34 $5,090,000 $149,000 $285,000 $62,000 $149,000
Other 15 $1,325,000 $88,000 $175,000 $94,000 $277,000
Unverifiable Information 4 $650,000 $162,000 $245,000 $70,000 $101,000
Employment History 3 $455,000 $151,000 $235,000 $60,000 $107,000
Insufficient Cash (Downpayment, Closing Cost) 3 $265,000 $88,000 $115,000 $54,000 $109,000
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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