Maine

Today's Maine (ME) Mortgage Rates

Maine (ME) Mortgage Rates & Mortgage Loan Data – Prior Year

  • Loan originated: 328,518
  • Application denied by financial institution: 125,514
  • Loan purchased by the institution: 105,758
  • Application withdrawn by applicant: 54,029
  • Application approved but not accepted: 34,138
  • File closed for incompleteness: 16,597
  • Preapproval request denied by financial institution: 40
  • Preapproval request approved but not accepted: 8

  • Refinancing: 396,505
  • Home purchase: 208,197
  • Home improvement: 59,900

  • Conventional: 531,940
  • FHA-insured: 80,539
  • VA-guaranteed: 26,315
  • FSA/RHS-guaranteed: 25,808

  • White: 536,690
  • Information not provided by applicant in mail, Internet, or telephone application: 59,785
  • Not applicable: 58,285
  • Asian: 4,301
  • American Indian or Alaska Native: 2,392
  • Black or African American: 2,376
  • Native Hawaiian or Other Pacific Islander: 773

  • Not Hispanic or Latino: 538,868
  • Information not provided by applicant in mail, Internet, or telephone application: 62,521
  • Not applicable: 58,363
  • Hispanic or Latino: 4,850

  • Male: 391,212
  • Female: 177,221
  • Not applicable: 58,286
  • Information not provided by applicant in mail, Internet, or telephone application: 37,883

  • Department of Housing and Urban Development: 181,181
  • Office of the Comptroller of the Currency: 131,657
  • Federal Deposit Insurance Corporation: 117,618
  • Consumer Financial Protection Bureau: 107,449
  • National Credit Union Administration: 51,147
  • Office of Thrift Supervision: 38,149
  • Federal Reserve System: 37,401

  • Cumberland County: 186,571
  • York County: 136,643
  • Penobscot County: 62,885
  • Androscoggin County: 49,748
  • Kennebec County: 44,573
  • Oxford County: 26,450
  • Hancock County: 22,392
  • Sagadahoc County: 20,035
  • Aroostook County: 18,154
  • Somerset County: 18,017
  • Waldo County: 16,776
  • Knox County: 16,375
  • Lincoln County: 15,449
  • Franklin County: 11,443
  • Washington County: 10,721
  • Piscataquis County: 7,286
  • Unknown: 1,084

  • Portland, South Portland, Biddeford – ME: 287,789
  • Unknown: 209,467
  • Bangor – ME: 62,734
  • Portland, South Portland – ME: 54,878
  • Lewiston, Auburn – ME: 49,734

  • Unknown: 581,213
  • Collateral: 21,809
  • Debt-to-income ratio: 20,304
  • Credit history: 20,238
  • Other: 8,704
  • Credit application incomplete: 7,232
  • Unverifiable information: 2,309
  • Insufficient cash (downpayment, closing costs): 1,341
  • Employment history: 1,225
  • Mortgage insurance denied: 227

  • Not a HOEPA loan: 664,518
  • HOEPA loan: 84

  • Secured by a first lien: 511,185
  • Not applicable: 105,758
  • Secured by a subordinate lien: 33,645
  • Not secured by a lien: 14,014

  • Owner-occupied as a principal dwelling: 572,747
  • Not owner-occupied as a principal dwelling: 86,801
  • Not applicable: 5,054

  • One-to-four family dwelling (other than manufactured housing): 640,933
  • Manufactured housing: 21,280
  • Multifamily dwelling: 2,389

  • Loan was not originated or was not sold in calendar year covered by register: 381,490
  • Fannie Mae (FNMA): 69,888
  • Freddie Mac (FHLMC): 58,553
  • Commercial bank, savings bank or savings association: 44,165
  • Ginnie Mae (GNMA): 39,583
  • Affiliate institution: 25,477
  • Life insurance company, credit union, mortgage bank, or finance company: 22,788
  • Other type of purchaser: 18,183
  • Private securitization: 4,471
  • Farmer Mac (FAMC): 4