Waldo County
Maine · FIPS 23027
According to CFPB HMDA 2024 application volume among U.S. counties, Waldo County ranks #1,054 of 3,210, and #10 of 16 in Maine.
Mortgage lending activity in Waldo County, Maine based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Waldo County, Maine saw 1,628 HMDA-reported mortgage applications in 2024. Lenders originated 880 of those loans and denied 311, producing a denial rate of 19.1% and an approval (origination) rate of 54.1%. The average loan amount was $213,943 at an average note rate of 7.34%, with applicants self-reporting average annual income of $37K. 121 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 5.8x, meaning typical borrowers took on mortgages of about 5.8 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. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Waldo County
In Waldo County, lead originator Bangor Savings Bank funded 18.4% of 880 originated loans, above the county fleet's upper tercile (~16.7% top-1). The top three reporters together hold 35.9% of the book, so a handful of names dominate disclosed volume here.
Counties With Similar Application Volume
Nationwide counties nearest to Waldo County's 1,628 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Waldo County's $213,943 average loan (deduped against volume peers).
Lenders active in Waldo County
Bangor Savings Bank funded 162 of the 880 loans originated in Waldo County, 18.4% of the county. 121 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Bangor Savings Bank | 162 | 18.4% |
| 2 | The Camden National Bank | 99 | 11.3% |
| 3 | Rocket Mortgage | 55 | 6.3% |
| 4 | First National Bank | 54 | 6.1% |
| 5 | Fairway Independent Mort CORP | 38 | 4.3% |
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; does not constitute financial advice for Waldo County borrowers.
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 Waldo County 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. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.