Sagadahoc County, ME Mortgage Lenders & HMDA Data, 2024

In 2024, lenders reported 1,400 mortgage applications in Sagadahoc County, ME totaling $368.6 million, up 11% from 2023. The average application was for $263,000, and applicants reported an average income of $135,000. 57% of applications resulted in an originated loan and 16% were denied. The most active lender was Bath Savings Institution, with 82 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 1,400
Total Mortgage Loan Application Amount $368,560,000
Average Mortgage Loan Application Amount $263,000
Highest Mortgage Loan Application Amount $6,795,000
Average Applicant Income $135,000
Highest Applicant Income $2,000,000

Mortgage Company List for Lending in Sagadahoc County, ME for 2024

* 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
* $ n/a 82 $ 25,850,000
Bangor Savings Bank
19 MAINE AVENUE
BANGOR, ME 04401
* $ n/a 74 $ 19,020,000
The Camden National Bank
2 ELM STREET
CAMDEN, ME 04843
* $ n/a 72 $ 18,220,000
Atlantic Federal Credit Union
PO BOX 188
BRUNSWICK, ME 04011
* $ n/a 60 $ 6,100,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 56 $ 20,010,000
First Federal Savings and Loan Assocation of Bath
PO BOX 488
BATH, ME 04530
* $ n/a 52 $ 14,430,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 43 $ 13,665,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 42 $ 6,010,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 40 $ 12,610,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 38 $ 12,480,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 36 $ 3,250,000
Norway Savings Bank
261 MAIN STREET, P.O. BOX 347
NORWAY, ME 04268
* $ n/a 34 $ 6,470,000
Kennebec Savings Bank
150 STATE ST
AUGUSTA, ME 04332
* $ n/a 30 $ 6,270,000
Northpoint Mortgage, Inc.
204 TURNPIKE ROAD
STURBRIDGE, MA 01566
* $ n/a 30 $ 10,450,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 26 $ 9,350,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 25 $ 5,875,000
Cuso Mortgage Corporation
101 WESTERN AVENUE
HAMPDEN, ME 04444
* $ n/a 24 $ 5,120,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 21 $ 6,495,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ n/a 20 $ 4,440,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 19 $ 4,995,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 17 $ 5,615,000
Harborone Mortgage, LLC
1045 ELM ST SUITE 601
MANCHESTER, NH 03101
* $ n/a 17 $ 6,005,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 17 $ 1,105,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 16 $ 3,540,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 15 $ 2,435,000
First National Bank
P.O. BOX 940
DAMARISCOTTA, ME 04543
* $ n/a 15 $ 4,185,000
Total Mortgage Services, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ n/a 15 $ 5,415,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 14 $ 4,150,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 14 $ 3,370,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 13 $ 1,355,000
Androscoggin Bank
30 LISBON STREET
LEWISTON, ME 04243
* $ n/a 13 $ 4,785,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 12 $ 3,330,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 12 $ 2,770,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 11 $ 3,745,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 11 $ 3,125,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ n/a 10 $ 960,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ n/a 10 $ 2,030,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 10 $ 2,570,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 9 $ 905,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 9 $ 2,785,000
Maine State Credit Union
200 CAPITOL ST
AUGUSTA, ME 04330
* $ n/a 8 $ 1,260,000
Lisbon Community FCU
325 LISBON ST
LISBON, ME 04250-0878, ME 04250
* $ n/a 8 $ 520,000
Ancorum Credit Union
765 WASHINGTON STREET
BATH, ME 04530
* $ n/a 8 $ 1,750,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ n/a 7 $ 2,835,000
Maine Community Bank
1 INDIA ST
PORTLAND, ME 04101
* $ n/a 7 $ 3,005,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 7 $ 925,000
Lighthouse Federal Credit Union
100 BORTHWICK AVE
PORTSMOUTH, NH 03801
* $ n/a 7 $ 825,000
Trademark FCU
44 EDISON DRIVE
AUGUSTA, ME 04330
* $ n/a 6 $ 550,000
Town and Country Federal Credi
557 MAIN STREET P.O. BOX 9420
SOUTH PORTLAND, ME 04116
* $ n/a 6 $ 380,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ n/a 6 $ 1,850,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 5 $ 1,545,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 5 $ 875,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 5 $ 1,545,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 5 $ 1,295,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 5 $ 1,225,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ n/a 4 $ 1,480,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ n/a 4 $ 1,360,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ n/a 4 $ 1,210,000
Bar Harbor Bank & Trust
82 MAIN STREET
BAR HARBOR, ME 04609
* $ n/a 4 $ 940,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 4 $ 1,010,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 4 $ 1,240,000
Nbt Bank NA
52 S BROAD ST
NORWICH, NY 13815
* $ n/a 3 $ 7,835,000
Partners Bank of New England
900 MAIN ST
SANFORD, ME 04073
* $ n/a 3 $ 715,000
Citibank, NA

NEW YORK, NY 10012
* $ n/a 3 $ 1,445,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ n/a 3 $ 765,000
T2 Financial LLC
480 OLDE WORTHINGTON RD SUITE 300
WESTERVILLE, OH 43082
* $ n/a 3 $ 1,095,000
Westerly Community Credit Union
4979 TOWER HILL RD
WAKEFIELD, RI 02879
* $ n/a 3 $ 595,000
Dirigo Federal Credit Union
391 MAIN STREET
LEWISTON, ME 04243
* $ n/a 3 $ 585,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ n/a 3 $ 1,065,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 3 $ 685,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 3 $ 635,000
University Credit Union
15 MAIN STREET
ORONO, ME 04473
* $ n/a 3 $ 175,000
Skowhegan Savings Bank
13 ELM ST
SKOWHEGAN, ME 04976
* $ n/a 3 $ 875,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ n/a 3 $ 2,835,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 3 $ 795,000
Peopleschoice Credit Union
23 INDUSTRIAL PARK RD
SACO, ME 04072
* $ n/a 3 $ 795,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 2 $ 370,000
Megastar Finanacial Corp
1080 CHEROKEE STREET
DENVER, CO 80204
* $ n/a 2 $ 640,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ n/a 2 $ 70,000
Homexpress Mortgage Corp.
1936 E DEERE AVE SUITE 200
SANTA ANA, CA 92705
* $ n/a 2 $ 680,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ n/a 2 $ 700,000
Arc Home LLC

MOORESTOWN, NJ 08057
* $ n/a 2 $ 840,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 2 $ 90,000
Passumpsic Bank
25 MR ARTHUR DRIVE
CHESTERFIELD, NH 03466
* $ n/a 2 $ 600,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ n/a 2 $ 530,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ n/a 2 $ 490,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ n/a 2 $ 930,000
Downeast Credit Union
23 THIRD AVE
BAILEYVILLE, ME 04694
* $ n/a 2 $ 300,000
Gorham Savings Bank
10 WENTWORTH DRIVE
GORHAM, ME 04038
* $ n/a 2 $ 670,000
Truchoice FCU
332 CUMMINGS RD
SOUTH PORTLAND, ME 04106
* $ n/a 2 $ 540,000
Mit Federal Credit Union
700 TECHNOLOGY SQUARE
LEXINGTON, MA 02421
* $ n/a 2 $ 1,000,000
Casco Federal Credit Union
393 OSSIPEE TRAIL
GORHAM, ME 04038
* $ n/a 2 $ 120,000
Digital Federal Credit Union
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ n/a 2 $ 340,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ n/a 2 $ 420,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ n/a 2 $ 1,070,000
Evergreen Credit Union
225 RIVERSIDE STREET
PORTLAND, ME 04103
* $ n/a 2 $ 460,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ n/a 2 $ 1,040,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 2 $ 160,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ n/a 1 $ 325,000
Quorum Federal Credit Union
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ n/a 1 $ 65,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ n/a 1 $ 335,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ n/a 1 $ 255,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ n/a 1 $ 355,000
Rockland Federal Credit Union
241 UNION STREET
ROCKLAND, MA 02370
* $ n/a 1 $ 65,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ n/a 1 $ 485,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ n/a 1 $ 165,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ n/a 1 $ 205,000
First Colony Mortgage Corporat
500 EAST PARK AVENUE SUITE 900
OREM, UT 84097
* $ n/a 1 $ 435,000
Salem Five Cents Savings Bank
210 ESSEX ST
SALEM, MA 01970
* $ n/a 1 $ 155,000
Mortgagecountry
725 W SKIPPACK PIKE SUITE 340A
BLUE BELL, PA 19422
* $ n/a 1 $ 355,000
Ocean State Credit Union
2006 NOOSENECK HILL RD
COVENTRY, RI 02816
* $ n/a 1 $ 195,000
Change Lending
175 N. RIVERVIEW DRIVE SUITE C
ANAHEIM, CA 92808
* $ n/a 1 $ 325,000
Ameritrust Mortgage Corporation

FLOWER MOUND, TX 75022
* $ n/a 1 $ 165,000
State Departmenet Federal Credit Union
1630 KING STREET
ALEXANDRIA, VA 22314
* $ n/a 1 $ 105,000
American Heritage Lending, LLC
19800 MACARTHUR BLVD SUITE 950
IRVINE, CA 92612
* $ n/a 1 $ 295,000
Northern Mortgage Services, LLC
3714 28TH ST SW
GRANDVILLE, MI 49418
* $ n/a 1 $ 305,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ n/a 1 $ 385,000
Fourleaf Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ n/a 1 $ 905,000
Wsfs Bank
500 DELAWARE AVENUE
WILMINGTON, DE 19801
* $ n/a 1 $ 245,000
Salem Five Mortgage Company LLC
210 ESSEX STREET
SALEM, MA 01970
* $ n/a 1 $ 155,000
Mission Loans, LLC

IRVINE, CA 92612
* $ n/a 1 $ 415,000
Baycoast Bank
330 SWANSEA MALL DRIVE
SWANSEA, MA 02777
* $ n/a 1 $ 115,000
Ice Lender Holdings LLC
31 W 34TH ST. #1012
NEW YORK, NY 10018
* $ n/a 1 $ 315,000
Deephaven Mortgage LLC
3530 TORINGDON WAY #200
CHARLOTTE, NC 28277
* $ n/a 1 $ 445,000
Abl Rpc Residential Credit Acquisition LLC
30 MONTGOMERY ST STE 150
JERSEY CITY, NJ 07302
* $ n/a 1 $ 325,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ n/a 1 $ 255,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ n/a 1 $ 305,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ n/a 1 $ 325,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ n/a 1 $ 255,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ n/a 1 $ 155,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ n/a 1 $ 1,055,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ n/a 1 $ 295,000
Loan Funder LLC
645 MADISON AVENUE, 19TH FLOOR
NEW YORK, NY 10022
* $ n/a 1 $ 175,000
Maine Savings Federal Credit Union
PO BOX 347
HAMPDEN, ME 04444
* $ n/a 1 $ 335,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ n/a 1 $ 415,000
Usalliance Federal Credit Union
411 THEODORE FREMD AVE, SUITE 350
RYE, NY 10580
* $ n/a 1 $ 105,000
Keystone Funding, Inc
519 S RED HAVEN LN
DOVER, DE 19901
* $ n/a 1 $ 345,000
Northcountry Federal Credit Union
PO BOX 64709
BURLINGTON, VT 05406
* $ n/a 1 $ 165,000
Presidential Bank, FSB
4600 EAST WEST HIGHWAY, SUITE 400
BETHESDA, MD 20814
* $ n/a 1 $ 475,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ n/a 1 $ 165,000
The County Federal Creditunion
82 BENNETT DR
CARIBOU, ME 04736
* $ n/a 1 $ 4,005,000
Cport Credit Union
PO BOX 777
PORTLAND, ME 04103
* $ n/a 1 $ 1,025,000
Texana Bank
124 E RUSH ST
LINDEN, TX 75563
* $ n/a 1 $ 285,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 1 $ 235,000
Mid-Island Mortgage Corp.
900 MERCHANTS CONCOURSE, SUITE #112
WESTBURY, NY 11590
* $ n/a 1 $ 465,000
Saco & Biddeford Savings Institution
50 INDUSTRIAL PARK ROAD
SACO, ME 04072
* $ n/a 1 $ 295,000
Katahdin Trust Company
11 MAIN STREET / PO BOX 450
PATTEN, ME 04765
* $ n/a 1 $ 705,000
Service Federal Credit Union
3003 LAFAYETTE ROAD
PORTSMOUTH, NH 03801
* $ n/a 1 $ 105,000
Kennebunk Savings Bank
104 MAIN STREET
KENNEBUNK, ME 04043
* $ n/a 1 $ 455,000
Harvard Federal Credit Union
104 MOUNT AUBURN STREET
CAMBRIDGE, MA 02138
* $ n/a 1 $ 715,000
Ixonia Bank
W1046 MARIETTA AVE
IXONIA, WI 53036
* $ n/a 1 $ 245,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ n/a 1 $ 215,000
Temple View Capital Funding LP
7550 WISCONSIN AVE STE 1000
BETHESDA, MD 20814
* $ n/a 1 $ 315,000

The tables below break down 2024 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 2024

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 667 $242,885,000 $364,000 $6,795,000 $156,000 $2,000,000
Cash-out Refinancing 215 $48,335,000 $224,000 $765,000 $106,000 $584,000
Other Purpose 184 $17,770,000 $96,000 $565,000 $114,000 $589,000
Home Improvement 168 $17,610,000 $104,000 $655,000 $128,000 $566,000
Refinancing 164 $41,630,000 $253,000 $665,000 $123,000 $561,000
Not Applicable 2 $330,000 $165,000 $325,000 $0 $0

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 1,070 $265,580,000 $248,000 $1,925,000 $135,000 $2,000,000
Not Provided 168 $38,900,000 $231,000 $765,000 $127,000 $1,100,000
Not applicable 97 $43,835,000 $451,000 $6,795,000 $122,000 $350,000
Hispanic 21 $6,875,000 $327,000 $1,045,000 $183,000 $1,353,000
American Indian or Alaskan Native 15 $3,645,000 $243,000 $445,000 $195,000 $1,015,000
Asian 13 $6,135,000 $471,000 $1,925,000 $147,000 $660,000
Black or African American 13 $3,215,000 $247,000 $555,000 $139,000 $355,000
Native Hawaiian or Other Pacific Islander 3 $375,000 $125,000 $305,000 $61,000 $118,000

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) 1,149 $290,145,000 $252,000 $6,795,000 $141,000 $2,000,000
FHA-insured (Federal Housing Administration) 133 $39,255,000 $295,000 $555,000 $86,000 $244,000
VA-guaranteed (Veterans Administration) 106 $36,380,000 $343,000 $725,000 $128,000 $358,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 12 $2,780,000 $231,000 $365,000 $100,000 $254,000

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 804 $222,190,000 $276,000 $6,795,000 $145,000 $1,353,000
Application Denied By Financial Institution 220 $40,620,000 $184,000 $1,925,000 $100,000 $589,000
Application Withdrawn By Applicant 194 $56,940,000 $293,000 $1,925,000 $140,000 $1,015,000
Loan Purchased By The Institution 80 $27,250,000 $340,000 $875,000 $127,000 $350,000
File Closed For Incompleteness 61 $13,605,000 $223,000 $1,925,000 $149,000 $2,000,000
Application Approved But Not Accepted 39 $7,145,000 $183,000 $605,000 $95,000 $231,000
Preapproval Denied by Financial Institution 2 $810,000 $405,000 $465,000 $109,000 $113,000
Preapproval Approved but not Accepted 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 1,096 $300,900,000 $274,000 $6,795,000 $142,000 $2,000,000
Debt-To-Income Ratio 145 $40,075,000 $276,000 $4,005,000 $121,000 $699,000
Credit History 56 $7,650,000 $136,000 $385,000 $96,000 $589,000
Collateral 38 $7,040,000 $185,000 $675,000 $127,000 $566,000
Credit Application Incomplete 31 $5,975,000 $192,000 $555,000 $79,000 $150,000
Other 20 $3,620,000 $181,000 $435,000 $112,000 $236,000
Unverifiable Information 9 $2,045,000 $227,000 $405,000 $121,000 $375,000
Insufficient Cash (Downpayment, Closing Cost) 3 $775,000 $258,000 $435,000 $81,000 $117,000
Employment History 2 $480,000 $240,000 $315,000 $46,000 $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.

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