BANGOR Mortgage Rates

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Bangor averaged 6.08% for the week of 2022-06-30, compared to the national average of 5.7% for the same period.

The average rate for the prior week (2022-06-23) was 6.09% and one month ago for the week of 2022-05-26, the average rate was 5.48%.

Bangor's average rate one year ago was 3.13%.

For refis of the same type during the week of 2022-06-30, the average rate was 5.81%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-06-30 5.7%
Bangor 30 Year Fixed Rate 2022-06-30 6.08%
Bangor 30 Year Fixed Rate Refi 2022-06-30 5.81%
Bangor 15 Year Fixed Rate 2022-06-30 5.38%
Bangor 15 Year Fixed Rate Refi 2022-06-30 4.94%
Bangor 30 Year FHA 2022-06-30 5.79%
Bangor 30 Year FHA Refi 2022-06-30 5.7%
Bangor 30 Year USDA 2022-06-30 5.7%
Bangor 30 Year USDA Refi 2022-06-30 5.55%
Bangor 30 Year VA 2022-06-30 5.76%
Bangor 30 Year VA Refi 2022-06-30 5.18%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BANGOR, ME.

BANGOR Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the BANGOR, ME market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
Bangor Savings Bank 281 3.11% $2,985
QUICKEN LOANS, LLC 149 3.16% $4,893
LEADERONE FINANCIAL CORPORATION 99 3.13% $3,180
RESIDENTIAL MORTGAGE SERVICES, INC. 95 3.16% $3,458
Maine Savings Federal Credit Union 94 3.30% $2,923
The Camden National Bank 90 3.23% $3,329
CMG MORTGAGE, INC. 74 3.14% $3,832
CUSO MORTGAGE CORPORATION 59 2.97% $3,812
KeyBank 54 3.24% $2,653
University Credit Union 52 3.23% $3,656
Machias Savings Bank 50 3.39% $3,968
Mortgage Network, Inc. 46 3.21% $4,162
PRIMARY RESIDENTIAL MORTGAGE, INC. 28 3.34% $5,654
UNITED WHOLESALE MORTGAGE, LLC 22 3.02% $4,321
LOANDEPOT.COM, LLC 22 3.06% $4,601
TD Bank 21 3.10% $2,640
JPMorgan Chase Bank 20 3.11% $3,374
AMERISAVE MORTGAGE CORPORATION 19 3.07% $4,798
ACADEMY MORTGAGE CORPORATION 18 3.31% $3,148
Mr. Cooper ( Nationstar Mortgage ) 17 3.61% $5,047
MAINE HIGHLANDS FEDERAL CREDIT UNION 17 4.24% $3,558
BETTER MORTGAGE CORPORATION 17 3.18% $2,887
First National Bank 17 3.43% $3,091
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 16 3.35% $4,347
Wells Fargo Bank 16 3.23% $3,958
NEWREZ LLC 14 3.26% $3,341
NAVY FEDERAL CREDIT UNION 14 4.08% $3,459
CROSSCOUNTRY MORTGAGE, LLC 13 3.42% $3,803
Bar Harbor Bank & Trust 13 3.30% $2,625
PENNYMAC LOAN SERVICES, LLC 12 3.36% $5,398
EMBRACE HOME LOANS, INC. 11 3.41% $4,330
TOTAL MORTGAGE SERVICES, LLC 9 3.43% $4,576
Citizens Bank 9 3.04% $3,091
Deere Employees Credit Union 9 3.24% $3,136
CALIBER HOME LOANS, INC. 8 3.53% $3,411
Down East Credit Union 8 3.39% $3,264
INFINITY Federal Credit Union 8 3.09% $2,721
GUARANTEED RATE, INC. 7 3.21% $3,056
HOME POINT FINANCIAL CORPORATION 7 3.16% $3,369
BROKER SOLUTIONS, INC. 7 3.32% $4,551
NORTHEAST HOME LOAN, LLC 7 3.23% $3,857
NORTHERN MORTGAGE SERVICES, LLC 6 3.06% $2,895
GUILD MORTGAGE COMPANY 5 3.30% $3,350
SEABOARD FEDERAL CREDIT UNION 5 3.98% $4,332
NORTHPOINT MORTGAGE, INC. 5 2.98% $4,518
Bank of America 5 2.85% $3,509
Flagstar Bank, FSB 4 3.29% $3,041
Mortgage Research Center, LLC 4 2.91% $3,637
RADIUS FINANCIAL GROUP INC. 4 3.00% $2,483
Quontic Bank 4 5.56% $8,210
Northpointe Bank 4 3.22% $3,560
FREEDOM MORTGAGE CORPORATION 4 3.31% $3,155
First Guaranty Mortgage Corporation 3 3.13% $3,253
PENTAGON FEDERAL CREDIT UNION 3 3.21% $2,593
Carrington Mortgage Services, LLC 3 3.33% $3,335
MOVEMENT MORTGAGE, LLC 3 3.46% $3,690
Maine Community Bank 3 3.04% $4,669
Manufacturers and Traders Trust Company 3 3.42% $5,045
Kennebec Savings Bank 3 3.95% $876
Discover Bank 2 5.24% $0
AMERICAN FINANCIAL NETWORK, INC. 2 3.56% $6,370
AMERICAN FINANCING CORPORATION 2 3.31% $3,498
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 2 3.00% $4,071
Barrington Bank & Trust Company, N.A. 2 3.18% $2,822
DIGITAL Federal Credit Union 2 3.19% $5,321
EVERETT FINANCIAL, INC. 2 3.50% $2,321
HARBORONE MORTGAGE, LLC 2 3.00% $5,401
INTEGRITY MORTGAGE LLC 2 3.31% $4,640
KELLER MORTGAGE, LLC 2 2.88% $1,168
MUTUAL OF OMAHA MORTGAGE, INC. 2 3.00% $2,282
Norway Savings Bank 2 3.19% $3,280
Paramount Residential Mortgage Group, Inc. 2 3.62% $4,193
RELIANCE FIRST CAPITAL, LLC 2 2.87% $8,771
Service Federal Credit Union 2 2.88% $2,192
Shamrock Home Loans, Inc. 2 3.13% $4,797
SOFI LENDING CORP. 2 3.06% $3,015
The Federal Savings Bank 2 3.56% $4,725
Wyndham Capital Mortgage, Inc. 2 3.06% $1,685
Navigant Credit Union 1 3.13% $2,655
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.25% $4,050
NBKC BANK 1 3.25% $2,113
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 3.50% $3,243
North American Savings Bank, F.S.B. 1 4.75% $5,398
FIVE COUNTY 1 3.38% $3,305
Firstrust Savings Bank 1 3.13% $3,543
First National Bank of America 1 7.50% $5,914
First Internet Bank of Indiana 1 3.00% $2,029
Truist Bank 1 3.38% $3,379
NORWICH COMMERCIAL GROUP, INC. 1 3.25% $4,235
OCMBC, INC. 1 0.00% $0
AMERICAN INTERNET MORTGAGE, INC. 1 3.00% $1,758
First Federal Bank 1 2.88% $2,956
Farm Credit East, ACA 1 4.20% $1,226
People's United Bank 1 2.75% $2,568
PNC Bank 1 3.25% $3,841
EMM LOANS LLC 1 2.99% $6,211
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 2.63% $3,046
Citibank 1 2.75% $3,369
CHURCHILL MORTGAGE CORPORATION 1 3.50% $3,308
Capital Bank 1 3.13% $3,474
AMERICAN FINANCIAL RESOURCES, INC. 1 4.38% $3,322
RESIDENTIAL BANCORP. 1 2.75% $2,585
CANOPY MORTGAGE, LLC 1 2.75% $1,915
RUOFF MORTGAGE COMPANY, INC. 1 2.88% $3,323
SALEM FIVE MORTGAGE COMPANY, LLC 1 3.13% $2,699
Bank of New Hampshire 1 3.50% $2,497
U.S. Bank 1 2.75% $2,821
American Airlines Federal Credit Union 1 3.13% $0
Sierra Pacific Mortgage Company, Inc. 1 3.25% $3,815
West Town Bank & Trust 1 2.63% $1,318
SPRING EQ, LLC 1 3.38% $0
Stifel Bank and Trust 1 2.50% $5,195
T2 FINANCIAL LLC 1 3.25% $3,614
Bank of England 1 3.25% $3,334
ATLANTIC REGIONAL FEDERAL CREDIT UNION 1 3.25% $2,907
ZILLOW HOME LOANS, LLC 1 3.75% $3,579
Main Street Bank 1 3.00% $2,660
LENDUS, LLC 1 3.00% $2,646
MICHIGAN MUTUAL, INC. 1 3.25% $3,007
MORTGAGE ACCESS CORP. 1 2.88% $2,712
Leader Bank 1 2.25% $3,711
LAKEVIEW LOAN SERVICING, LLC 1 3.38% $2,319
Ixonia Bank 1 3.38% $4,764
Home Loan Investment Bank, F.S.B. 1 2.88% $5,619
Arvest Bank 1 3.63% $3,171

BANGOR, ME's 125 lenders originated 5,479 loans during 2021. The total origination value was $980,975,000, with an average loan value of $179,043.

The top BANGOR lender as defined by loan originations is Bangor Savings Bank, with 281 loans originated. Their average total fees are $2,985, which is $1,908 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee BANGOR lenders (with over 10 loans originated) are Bar Harbor Bank & Trust ($2,625), TD Bank ($2,640), KeyBank ($2,653), BETTER MORTGAGE CORPORATION ($2,887) and Maine Savings Federal Credit Union ($2,923).

The lowest rate BANGOR lenders (with over 10 loans originated) are CUSO MORTGAGE CORPORATION (2.97%), UNITED WHOLESALE MORTGAGE, LLC (3.02%), LOANDEPOT.COM, LLC (3.06%), AMERISAVE MORTGAGE CORPORATION (3.07%) and TD Bank (3.10%).

BANGOR, ME Lender Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
Bangor Savings Bank $209,315,000 $180,905,000 -13.6% 18.4%
QUICKEN LOANS, LLC $62,795,000 $72,595,000 15.6% 7.4%
RESIDENTIAL MORTGAGE SERVICES, INC. $41,950,000 $47,835,000 14.0% 4.9%
The Camden National Bank $34,855,000 $44,170,000 26.7% 4.5%
Machias Savings Bank $29,000,000 $38,430,000 32.5% 3.9%
LEADERONE FINANCIAL CORPORATION $33,605,000 $36,555,000 8.8% 3.7%
Maine Savings Federal Credit Union $36,725,000 $35,200,000 -4.2% 3.6%
First National Bank $26,935,000 $34,900,000 29.6% 3.6%
CUSO MORTGAGE CORPORATION $57,965,000 $33,705,000 -41.9% 3.4%
CMG MORTGAGE, INC. $25,465,000 $31,770,000 24.8% 3.2%
FREEDOM MORTGAGE CORPORATION $28,175,000 $27,680,000 -1.8% 2.8%
KeyBank $24,410,000 $24,465,000 0.2% 2.5%
Katahdin Trust Company $27,375,000 $23,505,000 -14.1% 2.4%
University Credit Union $28,165,000 $22,620,000 -19.7% 2.3%
Mortgage Network, Inc. $19,200,000 $21,005,000 9.4% 2.1%
Mortgage Research Center, LLC $14,115,000 $17,665,000 25.2% 1.8%
PRIMARY RESIDENTIAL MORTGAGE, INC. $10,130,000 $14,310,000 41.3% 1.5%
TD Bank $13,360,000 $11,155,000 -16.5% 1.1%
LOANDEPOT.COM, LLC $11,725,000 $10,460,000 -10.8% 1.1%
Mr. Cooper ( Nationstar Mortgage ) $10,190,000 $10,075,000 -1.1% 1.0%
UNITED WHOLESALE MORTGAGE, LLC $4,140,000 $9,415,000 127.4% 1.0%
Wells Fargo Bank $3,750,000 $9,015,000 140.4% 0.9%
ACADEMY MORTGAGE CORPORATION $18,170,000 $8,990,000 -50.5% 0.9%
PENNYMAC LOAN SERVICES, LLC $4,380,000 $8,785,000 100.6% 0.9%
SEBASTICOOK VALLEY Federal Credit Union $4,100,000 $8,675,000 111.6% 0.9%
CROSSCOUNTRY MORTGAGE, LLC $995,000 $8,080,000 712.1% 0.8%
AMERISAVE MORTGAGE CORPORATION $3,505,000 $8,045,000 129.5% 0.8%
NAVY FEDERAL CREDIT UNION $6,300,000 $7,900,000 25.4% 0.8%
NEWREZ LLC $4,030,000 $6,655,000 65.1% 0.7%
EMBRACE HOME LOANS, INC. $4,810,000 $6,595,000 37.1% 0.7%
USAA Federal Savings Bank $5,535,000 $6,130,000 10.7% 0.6%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $2,660,000 $6,110,000 129.7% 0.6%
BETTER MORTGAGE CORPORATION $1,025,000 $5,955,000 481.0% 0.6%
SEABOARD FEDERAL CREDIT UNION $3,890,000 $5,605,000 44.1% 0.6%
Bar Harbor Bank & Trust $8,890,000 $5,515,000 -38.0% 0.6%
Acadia Federal Credit Union $1,845,000 $5,495,000 197.8% 0.6%
JPMorgan Chase Bank $2,775,000 $4,530,000 63.2% 0.5%
Skowhegan Savings Bank $3,755,000 $4,220,000 12.4% 0.4%
LAKEVIEW LOAN SERVICING, LLC $4,700,000 $4,115,000 -12.4% 0.4%
NEW DAY FINANCIAL, LLC $1,725,000 $3,990,000 131.3% 0.4%
Bank of America $2,745,000 $3,885,000 41.5% 0.4%
CALIBER HOME LOANS, INC. $4,135,000 $3,870,000 -6.4% 0.4%
MAINE HIGHLANDS FEDERAL CREDIT UNION $3,375,000 $3,640,000 7.9% 0.4%
Deere Employees Credit Union $3,140,000 n/a 0.3%
BROKER SOLUTIONS, INC. $710,000 $2,820,000 297.2% 0.3%
TOTAL MORTGAGE SERVICES, LLC $3,055,000 $2,805,000 -8.2% 0.3%
Kennebec Savings Bank $2,930,000 $2,800,000 -4.4% 0.3%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,555,000 $2,700,000 73.6% 0.3%
Carrington Mortgage Services, LLC $1,700,000 $2,695,000 58.5% 0.3%
GUARANTEED RATE, INC. $1,335,000 $2,665,000 99.6% 0.3%
NORTHERN MORTGAGE SERVICES, LLC $995,000 $2,660,000 167.3% 0.3%
AMERICAN FINANCING CORPORATION $1,315,000 $2,585,000 96.6% 0.3%
Quontic Bank $2,290,000 n/a 0.2%
GUILD MORTGAGE COMPANY $2,185,000 n/a 0.2%
The Federal Savings Bank $2,340,000 $2,110,000 -9.8% 0.2%
HOME POINT FINANCIAL CORPORATION $1,555,000 $2,105,000 35.4% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $1,980,000 $2,055,000 3.8% 0.2%
Citizens Bank $3,485,000 $2,005,000 -42.5% 0.2%
AMERICAN FINANCIAL RESOURCES, INC. $2,035,000 $1,965,000 -3.4% 0.2%
NORTHEAST HOME LOAN, LLC $720,000 $1,930,000 168.1% 0.2%
INFINITY Federal Credit Union $2,670,000 $1,685,000 -36.9% 0.2%
NORTHPOINT MORTGAGE, INC. $805,000 $1,655,000 105.6% 0.2%
Barrington Bank & Trust Company, N.A. $745,000 $1,590,000 113.4% 0.2%
Down East Credit Union $1,865,000 $1,485,000 -20.4% 0.2%
Northpointe Bank $225,000 $1,345,000 497.8% 0.1%
PENTAGON FEDERAL CREDIT UNION $210,000 $1,305,000 521.4% 0.1%
HARBORONE MORTGAGE, LLC $490,000 $1,295,000 164.3% 0.1%
Paramount Residential Mortgage Group, Inc. $570,000 $1,265,000 121.9% 0.1%
Flagstar Bank, FSB $230,000 $1,245,000 441.3% 0.1%
First Guaranty Mortgage Corporation $2,260,000 $1,150,000 -49.1% 0.1%
RELIANCE FIRST CAPITAL, LLC $1,465,000 $1,150,000 -21.5% 0.1%
VILLAGE CAPITAL & INVESTMENT LLC $2,145,000 $1,125,000 -47.6% 0.1%
AmeriHome Mortgage Company, LLC $1,245,000 $1,120,000 -10.0% 0.1%
Franklin Savings Bank $1,105,000 n/a 0.1%
RADIUS FINANCIAL GROUP INC. $1,075,000 $1,090,000 1.4% 0.1%
OCMBC, INC. $1,080,000 n/a 0.1%
T2 FINANCIAL LLC $955,000 n/a 0.1%
ACCELERATE MORTGAGE, LLC $940,000 n/a 0.1%
MUTUAL OF OMAHA MORTGAGE, INC. $1,295,000 $930,000 -28.2% 0.1%
U.S. Bank $800,000 $840,000 5.0% 0.1%
MOVEMENT MORTGAGE, LLC $190,000 $810,000 326.3% 0.1%
EVERETT FINANCIAL, INC. $205,000 $790,000 285.4% 0.1%
North American Savings Bank, F.S.B. $460,000 $745,000 62.0% 0.1%
Manufacturers and Traders Trust Company $145,000 $700,000 382.8% 0.1%
Maine Community Bank $250,000 $670,000 168.0% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $640,000 n/a 0.1%
PHH Mortgage Corporation $340,000 $615,000 80.9% 0.1%
Truist Bank $265,000 $615,000 132.1% 0.1%
SIS BANCORP, MHC $600,000 n/a 0.1%
Bank of England $115,000 $575,000 400.0% 0.1%
SOFI LENDING CORP. $335,000 $575,000 71.6% 0.1%
Nations Lending Corporation $630,000 $555,000 -11.9% 0.1%
First Seacoast Bank $525,000 n/a 0.1%
First Federal Bank $515,000 n/a 0.1%
PNC Bank $105,000 $515,000 390.5% 0.1%
Leader Bank $505,000 n/a 0.1%
DIGITAL Federal Credit Union $495,000 n/a 0.1%
LIBERTY HOME MORTGAGE CORPORATION $485,000 n/a 0.0%
Ally Bank $75,000 $475,000 533.3% 0.0%
CPORT $475,000 n/a 0.0%
Firstrust Savings Bank $435,000 n/a 0.0%
Magnolia Bank $955,000 $425,000 -55.5% 0.0%
Norway Savings Bank $995,000 $425,000 -57.3% 0.0%
Wyndham Capital Mortgage, Inc. $450,000 $420,000 -6.7% 0.0%
FIVE COUNTY $415,000 n/a 0.0%
Ixonia Bank $135,000 $400,000 196.3% 0.0%
Shamrock Home Loans, Inc. $185,000 $400,000 116.2% 0.0%
NORWICH COMMERCIAL GROUP, INC. $535,000 $380,000 -29.0% 0.0%
Androscoggin Savings Bank $740,000 $375,000 -49.3% 0.0%
KELLER MORTGAGE, LLC $875,000 $370,000 -57.7% 0.0%
People's United Bank $6,405,000 $370,000 -94.2% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $285,000 $365,000 28.1% 0.0%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $360,000 n/a 0.0%
Capital Bank $660,000 $350,000 -47.0% 0.0%
DAS Acquisition Company, LLC $710,000 $350,000 -50.7% 0.0%
INTEGRITY MORTGAGE LLC $175,000 $340,000 94.3% 0.0%
LAND HOME FINANCIAL SERVICES, INC. $335,000 n/a 0.0%
TRADEMARK $25,000 $320,000 1,180.0% 0.0%
NBH Bank $315,000 n/a 0.0%
NBKC BANK $1,000,000 $310,000 -69.0% 0.0%
Chickasaw Community Bank $305,000 n/a 0.0%
Paramount Bank $305,000 n/a 0.0%
Assurance Financial Group, L.L.C. $295,000 n/a 0.0%
SPRING EQ, LLC $70,000 $295,000 321.4% 0.0%
Brighton Bank $285,000 n/a 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $285,000 n/a 0.0%
Auburn Savings Bank, FSB $280,000 n/a 0.0%
AMERICAN ADVISORS GROUP $85,000 $275,000 223.5% 0.0%
MASSMUTUAL $275,000 n/a 0.0%
Discover Bank $350,000 $270,000 -22.9% 0.0%
BNC National Bank $1,195,000 $265,000 -77.8% 0.0%
EMM LOANS LLC $275,000 $265,000 -3.6% 0.0%
MID AMERICA MORTGAGE, INC. $125,000 $265,000 112.0% 0.0%
RESIDENTIAL BANCORP. $265,000 n/a 0.0%
MORTGAGE ACCESS CORP. $225,000 $255,000 13.3% 0.0%
NP, Inc. $255,000 n/a 0.0%
Stifel Bank and Trust $255,000 n/a 0.0%
MICHIGAN MUTUAL, INC. $245,000 n/a 0.0%
Middletown Valley Bank $235,000 n/a 0.0%
Navigant Credit Union $235,000 n/a 0.0%
PEOPLESCHOICE CREDIT UNION $235,000 n/a 0.0%
SALEM FIVE MORTGAGE COMPANY, LLC $235,000 n/a 0.0%
West Town Bank & Trust $235,000 n/a 0.0%
CANOPY MORTGAGE, LLC $225,000 n/a 0.0%
Community First National Bank $225,000 n/a 0.0%
American Airlines Federal Credit Union $255,000 $205,000 -19.6% 0.0%
ATLANTIC REGIONAL FEDERAL CREDIT UNION $200,000 $205,000 2.5% 0.0%
FBC MORTGAGE, LLC $205,000 $205,000 0.0% 0.0%
First Internet Bank of Indiana $205,000 n/a 0.0%
Service Federal Credit Union $200,000 n/a 0.0%
Arvest Bank $195,000 n/a 0.0%
SUN WEST MORTGAGE COMPANY, INC. $505,000 $195,000 -61.4% 0.0%
CHURCHILL MORTGAGE CORPORATION $185,000 n/a 0.0%
Sierra Pacific Mortgage Company, Inc. $175,000 $175,000 0.0% 0.0%
RUOFF MORTGAGE COMPANY, INC. $270,000 $170,000 -37.0% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $350,000 $165,000 -52.9% 0.0%
Main Street Bank $165,000 n/a 0.0%
OCEANSIDE MORTGAGE COMPANY $500,000 $165,000 -67.0% 0.0%
PRIMELENDING, A PLAINSCAPITAL COMPANY $165,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $155,000 n/a 0.0%
Lakeview Community Capital, LLC $155,000 n/a 0.0%
Servion, Inc. $375,000 $155,000 -58.7% 0.0%
Citibank $25,000 $145,000 480.0% 0.0%
Farm Credit East, ACA $395,000 $145,000 -63.3% 0.0%
ZILLOW HOME LOANS, LLC $145,000 n/a 0.0%
First Federal Savings and Loan Association of Bath $135,000 $125,000 -7.4% 0.0%
NORTHEAST CREDIT UNION $350,000 $120,000 -65.7% 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $115,000 n/a 0.0%
Saco Valley Credit Union $115,000 n/a 0.0%
Bank of New Hampshire $105,000 n/a 0.0%
Gorham Savings Bank $105,000 n/a 0.0%
LENDUS, LLC $105,000 n/a 0.0%
Figure Lending LLC $100,000 n/a 0.0%
Dirigo Federal Credit Union $115,000 $95,000 -17.4% 0.0%
EVERGREEN $35,000 $95,000 171.4% 0.0%
First National Bank of America $75,000 $95,000 26.7% 0.0%
Home Loan Investment Bank, F.S.B. $85,000 n/a 0.0%
HANSCOM $75,000 n/a 0.0%
21ST MORTGAGE CORPORATION $395,000 $65,000 -83.5% 0.0%
BayCoast Bank $65,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $15,000 n/a 0.0%

BANGOR's top lender by overall market share is Bangor Savings Bank, with 18.4% market share. In second place, with 7.4%, is QUICKEN LOANS, LLC, having originated $72,595,000 in loans. In third place, with 4.9%, is RESIDENTIAL MORTGAGE SERVICES, INC., having originated $47,835,000 in loans. In third place, with 4.5%, is The Camden National Bank, having originated $44,170,000 in loans. In third place, with 3.9%, is Machias Savings Bank, having originated $38,430,000 in loans.


BANGOR, ME Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 2,293 $486,255,000 $212,061
Refi 1,753 $292,065,000 $166,609
Cash Out Refi 963 $162,115,000 $168,344
Home Improvement 300 $25,980,000 $86,600
Other 170 $14,560,000 $85,647

Bangor's most frequently cited loan purpose was Home Purchase, with 2,293 originations. The 2nd most popular reason was Refi, with 1,753 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 1,911 $349,925,000 $183,111
2.5-3% 1,787 $330,925,000 $185,185
<2.5% 992 $173,700,000 $175,101
4-5% 429 $71,335,000 $166,282
5-6% 59 $5,865,000 $99,407
6-7% 19 $1,595,000 $83,947
Over 8% 13 $645,000 $49,615
7-8% 12 $580,000 $48,333

During 2021, Bangor's most frequently originated rate bucket was 3-4%, with 1,911 originations.

Loan Sizing (BANGOR, ME MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 2,601 $384,425,000 $147,799
$200k-400k 1,563 $408,335,000 $261,251
$100,000 or less 1,145 $74,555,000 $65,114
$400k-600k 134 $61,830,000 $461,418
$600k-1000k 21 $16,505,000 $785,952
$Over $1MM 15 $35,325,000 $2,355,000

BANGOR's loan sizing saw the bucket of loans from $100k-200k with 2,601 originations, totaling $384,425,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 1,983 $416,735,000 $210,154
60-80% 1,751 $336,255,000 $192,036
40-60% 649 $86,045,000 $132,581
20-40% 384 $30,370,000 $79,089
Under 20% 182 $6,920,000 $38,022
Over 100% 64 $19,620,000 $306,563

BANGOR's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,983 originations, totaling $416,735,000 in origination value.


Market Conditions (Median, Average Prices & Listing Count)

Realtor.com - BANGOR (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $149,000 (-0.3%) $183,739 (-2.8%) 0.55 794
2018-02-01 $148,750 (-0.8%) $184,957 (-2.6%) 0.54 729
2018-03-01 $149,900 (-2.8%) $191,405 (-1.0%) 0.52 725
2018-04-01 $149,950 (-5.7%) $193,066 (-2.5%) 0.50 739
2018-05-01 $159,450 (-0.3%) $199,506 (1.4%) 0.53 775
2018-06-01 $165,000 (3.2%) $204,193 (4.3%) 0.55 827
2018-07-01 $169,250 (5.9%) $210,676 (9.4%) 0.56 911
2018-08-01 $168,450 (7.8%) $207,084 (8.5%) 0.56 921
2018-09-01 $169,000 (7.6%) $200,322 (3.1%) 0.57 894
2018-10-01 $159,950 (1.9%) $192,710 (-1.2%) 0.53 901
2018-11-01 $159,900 (6.6%) $191,607 (-0.4%) 0.54 856
2018-12-01 $159,000 (6.1%) $185,780 (-2.2%) 0.54 774
2019-01-01 $155,000 (4.0%) $183,469 (-0.2%) 0.53 711
2019-02-01 $159,900 (7.5%) $188,963 (2.2%) 0.54 687
2019-03-01 $162,100 (8.1%) $195,293 (2.0%) 0.53 650
2019-04-01 $166,950 (11.3%) $200,290 (3.7%) 0.53 625
2019-05-01 $169,000 (6.0%) $206,034 (3.3%) 0.52 678
2019-06-01 $169,900 (3.0%) $209,988 (2.8%) 0.52 755
2019-07-01 $170,900 (1.0%) $210,116 (-0.3%) 0.53 825
2019-08-01 $169,900 (0.9%) $208,070 (0.5%) 0.53 810
2019-09-01 $169,950 (0.6%) $210,545 (5.1%) 0.54 760
2019-10-01 $170,950 (6.9%) $214,411 (11.3%) 0.55 736
2019-11-01 $169,900 (6.3%) $211,114 (10.2%) 0.55 683
2019-12-01 $168,500 (6.0%) $209,843 (13.0%) 0.56 630
2020-01-01 $168,000 (8.4%) $211,908 (15.5%) 0.56 569
2020-02-01 $167,900 (5.0%) $212,488 (12.5%) 0.54 545
2020-03-01 $169,000 (4.3%) $214,157 (9.7%) 0.53 528
2020-04-01 $169,450 (1.5%) $207,110 (3.4%) 0.53 516
2020-05-01 $180,000 (6.5%) $217,713 (5.7%) 0.55 483
2020-06-01 $181,950 (7.1%) $221,449 (5.5%) 0.53 447
2020-07-01 $194,000 (13.5%) $228,529 (8.8%) 0.56 433
2020-08-01 $189,000 (11.2%) $226,024 (8.6%) 0.54 395
2020-09-01 $184,950 (8.8%) $220,448 (4.7%) 0.53 385
2020-10-01 $179,000 (4.7%) $219,414 (2.3%) 0.51 368
2020-11-01 $181,950 (7.1%) $226,934 (7.5%) 0.52 354
2020-12-01 $189,700 (12.6%) $235,708 (12.3%) 0.56 322
2021-01-01 $189,900 (13.0%) $238,452 (12.5%) 0.56 268
2021-02-01 $204,900 (22.0%) $248,770 (17.1%) 0.59 203
2021-03-01 $224,450 (32.8%) $257,836 (20.4%) 0.63 181
2021-04-01 $219,500 (29.5%) $266,242 (28.6%) 0.59 184
2021-05-01 $239,000 (32.8%) $274,505 (26.1%) 0.63 223
2021-06-01 $244,000 (34.1%) $280,426 (26.6%) 0.63 273
2021-07-01 $246,950 (27.3%) $289,005 (26.5%) 0.64 317
2021-08-01 $234,950 (24.3%) $279,217 (23.5%) 0.62 379
2021-09-01 $234,750 (26.9%) $279,701 (26.9%) 0.62 376
2021-10-01 $225,000 (25.7%) $274,353 (25.0%) 0.59 339
2021-11-01 $225,000 (23.7%) $279,718 (23.3%) 0.59 314
2021-12-01 $211,500 (11.5%) $275,472 (16.9%) 0.56 263
2022-01-01 $205,000 (8.0%) $289,792 (21.5%) 0.55 188
2022-02-01 $200,000 (-2.4%) $291,716 (17.3%) 0.51 179
2022-03-01 $232,000 (3.4%) $287,282 (11.4%) 0.57 180
2022-04-01 $240,000 (9.3%) $276,883 (4.0%) 0.56 178
2022-05-01 $249,250 (4.3%) $278,739 (1.5%) 0.56 219
2022-06-01 $254,450 (4.3%) $306,785 (9.4%) 0.57 300
BANGOR's median listing price for 2022-06-01 was $254,450, a difference of $10,450 (4.3%) versus the prior year and $5,200 versus the prior month.

BANGOR's median listing price comes in at 57% of the national average.

BANGOR's average listing price for 2022-06-01 was $306,785, a difference of $26,359 (9.4%) versus the prior year and $28,046 versus the prior month.

For the 2022-06-01 period, BANGOR had 300 MLS listings, a difference of 81 listings (37%) versus the prior month and 27 listings (10%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - BANGOR (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 149 days 1,594 sqft
2018-02-01 166 days 1,591 sqft
2018-03-01 166 days 1,592 sqft
2018-04-01 160 days 1,584 sqft
2018-05-01 102 days 1,600 sqft
2018-06-01 72 days 1,604 sqft
2018-07-01 70 days 1,644 sqft
2018-08-01 80 days 1,633 sqft
2018-09-01 87 days 1,632 sqft
2018-10-01 96 days 1,611 sqft
2018-11-01 100 days 1,600 sqft
2018-12-01 121 days 1,600 sqft
2019-01-01 129 days 1,587 sqft
2019-02-01 139 days 1,600 sqft
2019-03-01 142 days 1,614 sqft
2019-04-01 129 days 1,634 sqft
2019-05-01 80 days 1,624 sqft
2019-06-01 57 days 1,632 sqft
2019-07-01 62 days 1,605 sqft
2019-08-01 76 days 1,604 sqft
2019-09-01 85 days 1,620 sqft
2019-10-01 95 days 1,600 sqft
2019-11-01 109 days 1,628 sqft
2019-12-01 114 days 1,635 sqft
2020-01-01 123 days 1,605 sqft
2020-02-01 123 days 1,600 sqft
2020-03-01 129 days 1,599 sqft
2020-04-01 128 days 1,600 sqft
2020-05-01 107 days 1,632 sqft
2020-06-01 88 days 1,632 sqft
2020-07-01 61 days 1,663 sqft
2020-08-01 59 days 1,630 sqft
2020-09-01 57 days 1,613 sqft
2020-10-01 52 days 1,604 sqft
2020-11-01 56 days 1,596 sqft
2020-12-01 65 days 1,610 sqft
2021-01-01 84 days 1,600 sqft
2021-02-01 94 days 1,580 sqft
2021-03-01 84 days 1,600 sqft
2021-04-01 46 days 1,690 sqft
2021-05-01 29 days 1,652 sqft
2021-06-01 26 days 1,616 sqft
2021-07-01 34 days 1,626 sqft
2021-08-01 37 days 1,623 sqft
2021-09-01 48 days 1,645 sqft
2021-10-01 59 days 1,682 sqft
2021-11-01 71 days 1,677 sqft
2021-12-01 81 days 1,567 sqft
2022-01-01 107 days 1,560 sqft
2022-02-01 113 days 1,500 sqft
2022-03-01 86 days 1,500 sqft
2022-04-01 57 days 1,547 sqft
2022-05-01 33 days 1,577 sqft
2022-06-01 26 days 1,558 sqft
BANGOR's median listing age (time on market) for 2022-06-01 was 26 days. This is 0% longer than the same period one year ago.

BANGOR's median square footage for active listings during the 2022-06-01 period was 1,558 sqft. One year prior, the average listing was 1,616 sqft.