Sagadahoc County, ME Mortgage Lenders & HMDA Data, 2022

In 2022, lenders reported 1,754 mortgage applications in Sagadahoc County, ME totaling $447.2 million, down 36% from 2021. The average application was for $254,000, and applicants reported an average income of $119,000. 63% of applications resulted in an originated loan and 11% were denied. The most active lender was Bath Savings Institution, with 122 applications, followed by Bangor Savings Bank 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 1,754
Total Mortgage Loan Application Amount $447,170,000
Average Mortgage Loan Application Amount $254,000
Highest Mortgage Loan Application Amount $6,405,000
Average Applicant Income $119,000
Highest Applicant Income $1,823,000

Mortgage Company List for Lending in Sagadahoc County, ME for 2022

* 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
* $ 1,229,908,000 122 $ 39,270,000
Bangor Savings Bank
19 MAINE AVENUE
BANGOR, ME 04401
* $ 6,909,051,000 100 $ 19,720,000
The Camden National Bank
2 ELM STREET
CAMDEN, ME 04843
* $ 5,481,237,000 88 $ 21,450,000
Atlantic Federal Credit Union
PO BOX 188
BRUNSWICK, ME 04011
* $ 987,778,000 82 $ 11,340,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 72 $ 20,840,000
First Federal Savings and Loan Assocation of Bath
PO BOX 488
BATH, ME 04530
* $ 180,036,000 71 $ 16,805,000
Kennebec Savings Bank
150 STATE ST
AUGUSTA, ME 04332
* $ -1,000 55 $ 15,455,000
Norway Savings Bank
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ 1,757,254,000 53 $ 13,375,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 48 $ 12,400,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 423,958,417,000 46 $ 9,380,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 183,977,708,000 43 $ 8,395,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 40 $ 11,930,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 34 $ 7,590,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,519,525,000,000 33 $ 7,585,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 26 $ 6,330,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 25 $ 7,505,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 24 $ 7,300,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 23 $ 4,845,000
Androscoggin Bank
30 LISBON STREET
LEWISTON, ME 04243
* $ 1,384,166,000 21 $ 8,525,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 21 $ 5,665,000
Total Mortgage Services, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ -1,000 20 $ 6,240,000
First National Bank
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ 2,496,194,000 20 $ 4,040,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,779,504,000,000 19 $ 5,345,000
Ancorum Credit Union
765 WASHINGTON STREET
BATH, ME 04530
* $ 350,013,000 18 $ 3,890,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 18 $ 4,900,000
Northpoint Mortgage, Inc.
204 TURNPIKE ROAD
STURBRIDGE, MA 01566
* $ -1,000 18 $ 5,020,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 18 $ 6,170,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 17 $ 3,845,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 17 $ 4,395,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 153,432,983,000 16 $ 3,120,000
T2 Financial LLC
480 OLDE WORTHINGTON RD SUITE 300
WESTERVILLE, OH 43082
* $ -1,000 16 $ 5,470,000
Partners Bank of New England
900 MAIN ST
SANFORD, ME 04073
* $ 618,622,000 15 $ 6,775,000
Cuso Mortgage Corporation
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ -1,000 14 $ 2,430,000
Midcoast
186 LOWER MAIN STREET
FREEPORT, ME 04032
* $ 249,534,000 14 $ 2,610,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 188,069,637,000 13 $ 2,785,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 12 $ 2,200,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 12 $ 2,790,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 12 $ 2,200,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 11 $ 3,665,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 11 $ 2,805,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 108,342,526,000 11 $ 845,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 11 $ 3,065,000
Lisbon Community FCU
325 LISBON ST
LISBON, ME 04250-0878, ME 04250
* $ 163,480,000 10 $ 660,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,810,411,000 9 $ 985,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 9 $ 2,455,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,306,982,000,000 9 $ 2,395,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 564,154,604,000 9 $ 2,295,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 8 $ 2,600,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 8 $ 2,180,000
Integrity Mortgage LLC
2320 CONGRESS ST SUITE D
PORTLAND, ME 04102
* $ -1,000 8 $ 2,250,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 117,378,701,000 8 $ 2,370,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 8 $ 1,810,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 7 $ 1,365,000
University Credit Union
15 MAIN STREET
ORONO, ME 04473
* $ 424,608,000 7 $ 885,000
Skowhegan Savings Bank
13 ELM ST
SKOWHEGAN, ME 04976
* $ 780,419,000 6 $ 1,360,000
Katahdin Trust Company
11 MAIN STREET / PO BOX 450
PATTEN, ME 04765
* $ 939,872,000 6 $ 3,980,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 6 $ 950,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 6 $ 1,570,000
Downeast Credit Union
23 THIRD AVE
BAILEYVILLE, ME 04694
* $ 252,131,000 6 $ 940,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 6 $ 1,970,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 154,617,469,000 6 $ 1,130,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 6 $ 400,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 528,514,000,000 6 $ 1,840,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,669,227,000,000 5 $ 3,825,000
Gorham Savings Bank
10 WENTWORTH DRIVE
GORHAM, ME 04038
* $ 1,540,223,000 5 $ 7,475,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 5 $ 2,215,000
Maine Community Bank
1 INDIA ST
PORTLAND, ME 04101
* $ 1,020,986,000 5 $ 1,735,000
Harborone Mortgage, LLC
1045 ELM ST SUITE 601
MANCHESTER, NH 03101
* $ -1,000 5 $ 1,905,000
Bar Harbor Bank & Trust
82 MAIN STREET
BAR HARBOR, ME 04609
* $ 3,706,587,000 5 $ 1,635,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 5 $ 1,225,000
Dirigo Federal Credit Union
391 MAIN STREET
LEWISTON, ME 04243
* $ 354,552,000 4 $ 400,000
Ally Bank

CHARLOTTE, NC 28202
* $ 172,820,000,000 4 $ 1,100,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 551,902,526,000 4 $ 780,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 4 $ 390,000
Passumpsic Bank
25 MR ARTHUR DRIVE
CHESTERFIELD, NH 03466
* $ -1,000 3 $ 445,000
Northern Mortgage Services, LLC
3714 28TH ST SW
GRANDVILLE, MI 49418
* $ -1,000 3 $ 565,000
Digital Federal Credit Union
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ 9,886,658,000 3 $ 115,000
Cport Credit Union
PO BOX 777
PORTLAND, ME 04103
* $ 411,442,000 3 $ 665,000
Truchoice FCU
332 CUMMINGS RD
SOUTH PORTLAND, ME 04106
* $ 193,830,000 3 $ 185,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ -1,000 3 $ 1,035,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 154,830,000,000 3 $ 1,545,000
Cumberland County Federal Credit Union
101 GRAY RD
FALMOUTH, ME 04105
* $ 408,416,000 3 $ 745,000
Trademark FCU
44 EDISON DRIVE
AUGUSTA, ME 04330
* $ 115,790,000 2 $ 100,000
Norwich Commercial Group Inc
38 SECURITY DRIVE
AVON, CT 06001
* $ -1,000 2 $ 460,000
Mission Loans, LLC

IRVINE, CA 92612
* $ -1,000 2 $ 70,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 2 $ 360,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 4,206,869,000 2 $ 540,000
Reverse Mortgage Funding LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ -1,000 2 $ 710,000
Machias Savings Bank
4 CENTER STREET
MACHIAS, ME 04654
* $ 2,365,991,000 2 $ 520,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 2 $ 1,160,000
Megastar Finanacial Corp
1080 CHEROKEE STREET
DENVER, CO 80204
* $ -1,000 2 $ 730,000
Mortgage Network, Inc.
99 CONIFER HILL DR
DANVERS, MA 01923
* $ -1,000 2 $ 540,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 2 $ 300,000
Town and Country Federal Credi
557 MAIN STREET P.O. BOX 9420
SOUTH PORTLAND, ME 04116
* $ 517,683,000 2 $ 180,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 2 $ 560,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 2 $ 450,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ -1,000 2 $ 390,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 32,127,026,000 2 $ 430,000
Evergreen Credit Union
225 RIVERSIDE STREET
PORTLAND, ME 04103
* $ 464,678,000 2 $ 90,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 32,520,025,000 2 $ 460,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 2 $ 280,000
Teachers Federal Credit Union
102 MOTOR PARKWAY
HAUPPAUGE, NY 11788
* $ 8,802,432,000 2 $ 190,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 796,563,000 2 $ 500,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 339,245,000 2 $ 30,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,177,145,000 2 $ 790,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 2 $ 530,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 1,041,605,000 2 $ 740,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 2 $ 770,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 1 $ 145,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 1 $ 365,000
Shamrock Home Loans, Inc.
75 NEWMAN AVE
EAST PROVIDENCE, RI 02916
* $ -1,000 1 $ 165,000
Secured Investment Corp
701 E FRONT AVE
COEUR D'ALENE, ID 83814
* $ -1,000 1 $ 125,000
Calcon Mutual Mortgage LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ -1,000 1 $ 125,000
Georgia Banking Company
6190 POWERS FERRY ROAD, SUITE 150
ATLANTA, GA 30309
* $ 1,164,122,000 1 $ 35,000
Nationwide Mortgage Bankers, Inc.

MELVILLE, NY 11747
* $ -1,000 1 $ 255,000
Paramount Bank
90 VILLAGE SQUARE SHOPPING CENTER
HAZELWOOD, MO 63042
* $ 153,010,000 1 $ 155,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ 2,824,450,000 1 $ 35,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 385,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 125,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ 14,047,081,000 1 $ 575,000
UBS Bank USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ 121,064,212,000 1 $ 315,000
Peopleschoice Credit Union
23 INDUSTRIAL PARK RD
SACO, ME 04072
* $ 306,125,000 1 $ 215,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 225,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 1 $ 315,000
Keller Mortgage, LLC

AUSTIN, TX 78746
* $ -1,000 1 $ 375,000
Saco & Biddeford Savings Institution
50 INDUSTRIAL PARK ROAD
SACO, ME 04072
* $ 1,156,620,000 1 $ 285,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 1 $ 75,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ -1,000 1 $ 285,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 275,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 1 $ 455,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 547,610,000 1 $ 125,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 75,000
Lighthouse Federal Credit Union
100 BORTHWICK AVE
PORTSMOUTH, NH 03801
* $ 1,982,810,000 1 $ 75,000
Advancial Federal Credit Union
1845 WOODALL RODGERS FWY, SUITE 1300
DALLAS, TX 75231
* $ 2,161,196,000 1 $ 485,000
Weichert Financial Services
225 LITTLETON ROAD
MORRIS PLAINS, NJ 07950
* $ -1,000 1 $ 415,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 75,000
First Republic Bank
111 PINE STREET
SAN FRANCISCO, CA 94111
* $ 181,087,209,000 1 $ 1,045,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 50,093,398,000 1 $ 235,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 85,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 245,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 1 $ 275,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 1 $ 245,000
Fidelity Co-Operative Bank
9 LEOMINSTER CONNECTOR
LEOMINSTER, MA 01453
* $ 1,223,513,000 1 $ 995,000
Residential Mortgage Services, Inc.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ -1,000 1 $ 105,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 1 $ 355,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 1 $ 195,000
Finex Credit Union
616 BURNSIDE AVE
EAST HARTFORD, CT 06108
* $ 104,669,000 1 $ 155,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 85,000
Harvest Bank
75 NORTH MAIN STREET
KIMBALL, MN 55353
* $ 4,891,222,000 1 $ 2,005,000
Webster Bank, N.A.
145 BANK STREET
STAMFORD, CT 06901
* $ 34,893,033,000 1 $ 245,000
Independent Bank
1600 REDBUD BLVD
MCKINNEY, TX 75070
* $ 18,728,746,000 1 $ 665,000
Evolve Bank & Trust
6000 POPLAR AVENUE SUITE 300
MEMPHIS, TN 38119
* $ 788,114,000 1 $ 255,000
Simmons Bank
501 MAIN
PINE BLUFF, AR 71601
* $ 24,685,744,000 1 $ 595,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 1 $ 245,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 1 $ 245,000
Quorum Federal Credit Union
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ 1,025,737,000 1 $ 365,000
Cake Mortgage Corp.
9200 OAKDALE AVE STE 501
CHATSWORTH, CA 91311
* $ -1,000 1 $ 125,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 1 $ 205,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 209,696,785,000 1 $ 275,000
Service Federal Credit Union
3003 LAFAYETTE ROAD
PORTSMOUTH, NH 03801
* $ 5,191,780,000 1 $ 295,000

The tables below break down 2022 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 2022

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 778 $263,130,000 $338,000 $2,045,000 $137,000 $1,499,000
Cash-out Refinancing 443 $97,535,000 $220,000 $1,525,000 $98,000 $562,000
Refinancing 222 $49,820,000 $224,000 $6,405,000 $103,000 $1,823,000
Home Improvement 178 $19,390,000 $108,000 $905,000 $114,000 $720,000
Other Purpose 128 $16,580,000 $129,000 $1,045,000 $124,000 $615,000
Not Applicable 5 $715,000 $143,000 $175,000 $38,000 $38,000

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 1,356 $327,180,000 $241,000 $2,005,000 $118,000 $1,823,000
Not Provided 226 $63,180,000 $279,000 $2,045,000 $129,000 $1,019,000
Not applicable 129 $47,255,000 $366,000 $6,405,000 $98,000 $265,000
Black or African American 15 $3,745,000 $249,000 $465,000 $111,000 $285,000
Hispanic 13 $3,145,000 $241,000 $595,000 $99,000 $218,000
American Indian or Alaskan Native 6 $510,000 $85,000 $105,000 $69,000 $93,000
Asian 6 $1,140,000 $190,000 $355,000 $71,000 $116,000
Native Hawaiian or Other Pacific Islander 1 $415,000 $415,000 $415,000 $54,000 $54,000

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) 1,466 $370,560,000 $252,000 $6,405,000 $126,000 $1,823,000
FHA-insured (Federal Housing Administration) 147 $36,515,000 $248,000 $495,000 $74,000 $187,000
VA-guaranteed (Veterans Administration) 113 $33,975,000 $300,000 $615,000 $92,000 $248,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 28 $6,120,000 $218,000 $445,000 $67,000 $124,000

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 1,111 $281,875,000 $253,000 $6,405,000 $121,000 $1,499,000
Application Withdrawn By Applicant 217 $66,255,000 $305,000 $2,325,000 $146,000 $1,823,000
Application Denied By Financial Institution 196 $38,130,000 $194,000 $1,525,000 $86,000 $488,000
Loan Purchased By The Institution 107 $31,685,000 $296,000 $965,000 $117,000 $265,000
File Closed For Incompleteness 65 $13,035,000 $200,000 $745,000 $104,000 $448,000
Application Approved But Not Accepted 52 $13,450,000 $258,000 $1,805,000 $115,000 $493,000
Preapproval Approved but not Accepted 4 $2,090,000 $522,000 $765,000 $168,000 $208,000
Preapproval Denied by Financial Institution 2 $650,000 $325,000 $365,000 $50,000 $58,000

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 1,441 $370,915,000 $257,000 $2,045,000 $125,000 $1,823,000
Debt-To-Income Ratio 175 $49,255,000 $281,000 $6,405,000 $90,000 $493,000
Credit History 46 $7,530,000 $163,000 $445,000 $82,000 $173,000
Collateral 33 $7,345,000 $222,000 $1,525,000 $128,000 $488,000
Credit Application Incomplete 22 $4,460,000 $202,000 $505,000 $93,000 $155,000
Other 17 $3,345,000 $196,000 $505,000 $72,000 $150,000
Employment History 7 $1,475,000 $210,000 $445,000 $87,000 $236,000
Insufficient Cash (Downpayment, Closing Cost) 7 $2,025,000 $289,000 $485,000 $119,000 $218,000
Unverifiable Information 6 $820,000 $136,000 $285,000 $42,000 $93,000
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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