Androscoggin Savings Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
87th2.3% deniedPricingmedian rate spread over APOR, weight 30%
81st0.00 ptsProcesswithdrawn + incomplete share, weight 15%
37th14.6%Closing coststotal loan costs ÷ loan amount, weight 10%
84th1.03% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 316 | 262 | 2.9% | 3.3% | 6.56% | $123M |
| 2024 | 361 | 290 | 2.5% | 3.0% | 6.75% | $125M |
| 2025 | 459 | 378 | 2.0% | 2.3% | 6.63% | $184M |
What Androscoggin Savings Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 14 manufactured homes, 48 investment properties.
Why Androscoggin Savings Bank denies applications
Primary reason reported for each of the 9 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Androscoggin Savings Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 105 | 82 | 2.3% |
| $100k – $150k | 82 | 69 | 1.4% |
| $150k – $250k | 115 | 92 | 1.1% |
| Over $250k | 119 | 100 | 2.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 20 | 13 | 7.1% |
| 25–34 | 108 | 89 | 2.2% |
| 35–44 | 128 | 109 | 0.0% |
| 45–54 | 78 | 67 | 1.5% |
| 55–64 | 58 | 43 | 8.5% |
| 65–74 | 37 | 29 | 3.2% |
Where Androscoggin Savings Bank lends
2 states and 19 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Maine | 456 | 375 | 2.0% | 6.63% | #34 |
Frequently asked questions
Androscoggin Savings Bank denied 2.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 87th percentile of small mortgage lenders.
The most common reason Androscoggin Savings Bank gave in 2025 was "collateral", cited on 55.6% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Androscoggin Savings Bank originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.00 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 86% of its applications were for home purchases, 12% for refinancing (including cash-out), and 2% for home improvement or other purposes. By loan type: 97% conventional, 1% FHA, 1% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.