Androscoggin Savings Bank · Maine · 2025

Androscoggin Savings Bank in Maine: approval rate, denial rate and rates (2025)

Androscoggin Savings Bank took 456 mortgage applications in Maine in 2025, ranking #34 of 537 lenders active in the state. It originated 82.2% of them and denied 2.0% (2.3% of the applications it decided), against a statewide denial rate of 16.3%.

456Applicationsin ME
2.3%Decision denial ratestate 20.1%
6.63%Median ratestate 6.88%
$395,000Median loanstate $215,000
$184MVolume16 counties

Androscoggin Savings Bank in Maine vs the state

2.0%Denial rate-14.36 pts vs state
2.3%Decision denial rate-17.77 pts vs state
82.2%Origination rate+20.07 pts vs state
6.63%Median rate-0.25 pts vs state
0.00Rate spread (pts)-0.32 pts vs state
$162kMedian applicant income
375Loans originated
9Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233162622.9%6.56%#38
20243592882.5%6.75%#41
20254563752.0%6.63%#34

What Androscoggin Savings Bank lends in Maine

By loan purpose

Home purchase 390 86% · 2.1% denied
Refinance 23 5% · 0.0% denied
Cash-out refinance 34 7% · 2.9% denied
Home improvement 3 1% · 0.0% denied
Other / HELOC 6 1% · 0.0% denied

By loan type

Conventional 443 97% · 2.0% denied
FHA 5 1% · 0.0% denied
VA 5 1% · 0.0% denied
USDA / RHS 3 1% · 0.0% denied

Why it denied Maine applicants

Collateral 5 56%
Other 3 33%
Debt-to-income ratio 1 11%

Where in Maine

Counties with the most Androscoggin Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cumberland County 2261856 2.7%
Androscoggin County 52460 0.0%
Kennebec County 45380 0.0%
York County 43330 0.0%
Sagadahoc County 24230 0.0%
Oxford County 19161 5.3%
Franklin County 10100 0.0%
Penobscot County 951 11.1%
Lincoln County 761 14.3%
Knox County 630 0.0%

Other large lenders in Maine

LenderGradeApplicationsDenial rateMedian rate
Bangor Savings BankB 4,51817.2%7.25%
United Shore Financial ServicesB 2,6759.1%6.50%
Rocket MortgageC 2,62822.9%6.75%
The Camden National BankA 2,55913.2%6.99%
CMG MortgageA 2,2514.2%6.63%
Guild MortgageA 1,8385.3%6.63%
Kennebec Savings BankB 1,4939.6%7.00%
TD BankD 1,24420.2%7.35%
Mortgage Research CenterC 1,10417.6%6.25%
Evergreen Credit UnionD 97630.6%6.50%

Frequently asked questions

Maine: 456 applications in 2025, of which 375 were originated and 9 denied.

2.0% of all applications, or 2.3% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Androscoggin Savings Bank originated in Maine in 2025 was 6.63%, against a statewide median of 6.88%.

About this data. Figures are Androscoggin Savings Bank's own HMDA filing for properties located in Maine, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology