Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Penobscot County, Maine
Every institution that decided a 1–4 unit mortgage application in Penobscot County, home to Bangor, between 2023 and 2025: 11,261 applications, 8,783 loans actually funded, across 8 kinds of borrowing.
Penobscot County at a glance
11,261Applications decided
2023–2025
8,783Loans funded
78% of decisions
46Census tracts
28 ZIP codes
153,571People
ACS 2023
What the data shows
The typical purchase mortgage here is $235K.
Investment cash-out refinance is the hardest money to get here: lenders approved 67% of 141 applications.
Lending by loan type in Penobscot County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 86.7% | 4,962 | $235K | 97% | 200 |
| Home improvement loans | 75.2% | 1,723 | $55K | 93% | 71 |
| Cash-out refinance | 71.7% | 1,925 | $145K | 96% | 108 |
| Refinance | 81.8% | 1,368 | $115K | 95% | 104 |
| Investment property purchase | 87.8% | 815 | $185K | 96% | 123 |
| Investment cash-out refinance | 67.4% | 141 | $175K | 95% | 53 |
| Investment refinance | 84.3% | 172 | $145K | 96% | 38 |
| Investment home improvement | 72.9% | 155 | $125K | 95% | 28 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.