Katahdin Trust Company Mortgage Rates, Fees & InfoPatten, ME
Tax ID: 01-0099500
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewKatahdin Trust Company is a smaller mortgage company specializing in Home Purchase loans. Katahdin Trust Company has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Portland, Bangor, Lewiston, and Augusta among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)
Katahdin Trust Company has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Origination Dollar Volume (All Markets)$65,230,000
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
|Market||Originations||Total Value||Average Loan||Average Fees||Average Rate|
|PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA)||35||$28,705,000||$820,143||$0||0.00%|
|BANGOR, ME (FHA|USDA|VA)||68||$18,780,000||$276,176||$0||0.00%|
|Outside of Metro Areas||112||$13,920,000||$124,286||$0||0.00%|
|LEWISTON-AUBURN, ME (FHA|USDA|VA)||4||$2,110,000||$527,500||$0||0.00%|
|Augusta-Waterville, ME (FHA|USDA|VA)||5||$1,715,000||$343,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Katahdin Trust Company's most frequently originated type of loan was Conventional, with 222 originations. Their 2nd most popular type was USDA, with 2 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Katahdin Trust Company's most frequently cited loan purpose was Home Purchase, with 138 originations. The 2nd most popular reason was Refi, with 50 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Katahdin Trust Company's most frequently cited loan duration was Other, with 224 originations.
2022 saw Katahdin Trust Company place emphasis on $100k-200k loans with 74 originations, totaling $10,630,000 in origination value.
Katahdin Trust Company lent most frequently to those with incomes in the $100k-150k range, with 41 originations. The second most popular income band? $50k-75k, with 31 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Katahdin Trust Company lent most frequently to those with DTI ratios of Exempt%, with 224 originations.
Approval RatesTotal approvals of all applications
Katahdin Trust Company has a below average approval rate.
Pick RateApprovals leading to origination
Katahdin Trust Company has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|