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2024 data HMDA 2024 disclosure official source

Androscoggin County

4,277 mortgage applications, 15.0% denial rate. Verify FIPS 23001 with U.S. Census Bureau →

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Maine · FIPS 23001

Local mortgage market. Androscoggin County, Maine saw 4,277 HMDA-reported mortgage applications in 2024. Lenders originated 2,451 of those loans and denied 642, producing a denial rate of 15.0% and an approval (origination) rate of 57.3%. The average loan amount was $237,352 at an average note rate of 7.14%, with applicants self-reporting average annual income of $38K. 155 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.2x, meaning typical borrowers took on mortgages of about 6.2 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 23001 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

4,277
Applications
2,451
Originated
15.0%
Denial Rate
57.3%
Approval Rate
$237,352
Avg Loan Amount
7.14%
Avg Interest Rate
$38K
Avg Applicant Income
6.2x
Loan-to-Income Ratio

Nearby Lenders in Androscoggin County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Guild Mortgage Company 252 10.3%
2 Cmg Mortgage INC 159 6.5%
3 United Wholesale Mortgage 153 6.2%
4 Bangor Savings Bank 140 5.7%
5 Dirigo Federal Credit Union 128 5.2%
Compare Guild Mortgage Company vs Cmg Mortgage INC →

Frequently Asked Questions

How many mortgage applications were filed in Androscoggin County?
In the 2024 HMDA reporting year, 4,277 mortgage applications were filed in Androscoggin County, Maine. Of these, 2,451 were originated (approved and funded), while 642 were denied, resulting in a denial rate of 15.0%.
What is the mortgage denial rate in Androscoggin County?
The mortgage denial rate in Androscoggin County is 15.0%. The approval (origination) rate is 57.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Androscoggin County?
The average mortgage loan amount in Androscoggin County is $237,352. The average interest rate is 7.145%. The average applicant income is $38K.
What is the loan-to-income ratio in Androscoggin County?
The average loan-to-income ratio in Androscoggin County is 6.2x, meaning borrowers took on loans averaging 6.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Androscoggin County?
The top mortgage lenders in Androscoggin County by origination volume are Guild Mortgage Company, Cmg Mortgage INC, United Wholesale Mortgage. In total, 155 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.