Bangor Savings Bank · Florida · 2025

Bangor Savings Bank in Florida: approval rate, denial rate and rates (2025)

Bangor Savings Bank took 32 mortgage applications in Florida in 2025, ranking #675 of 1,993 lenders active in the state. It originated 75.0% of them and denied 15.6% (17.2% of the applications it decided), against a statewide denial rate of 21.1%.

32Applicationsin FL
17.2%Decision denial ratestate 27.2%
6.94%Median ratestate 6.63%
$225,000Median loanstate $255,000
$6.9MVolume13 counties

Bangor Savings Bank in Florida vs the state

15.6%Denial rate-5.43 pts vs state
17.2%Decision denial rate-10.00 pts vs state
75.0%Origination rate+22.31 pts vs state
6.94%Median rate+0.31 pts vs state
0.11Rate spread (pts)-0.16 pts vs state
$158kMedian applicant income
24Loans originated
5Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023391825.6%7.38%#680
2024342814.7%7.38%#676
2025322415.6%6.94%#675

What Bangor Savings Bank lends in Florida

By loan purpose

Home purchase 16 50% · 12.5% denied
Refinance 3 9% · 0.0% denied
Cash-out refinance 1 3% · 0.0% denied
Home improvement 6 19% · 0.0% denied
Other / HELOC 6 19% · 50.0% denied

By loan type

Conventional 31 97% · 16.1% denied
FHA 1 3% · 0.0% denied

Why it denied Florida applicants

Collateral 2 40%
Other 2 40%
Debt-to-income ratio 1 20%

Where in Florida

Counties with the most Bangor Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Manatee County 1053 30.0%
Lee County 431 25.0%
Charlotte County 321 33.3%
Martin County 330 0.0%
Brevard County 220 0.0%
Indian River County 220 0.0%
Pinellas County 220 0.0%
Collier County 110 0.0%
Volusia County 110 0.0%
Sumter County 110 0.0%

Other large lenders in Florida

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 71,40515.3%6.44%
Rocket MortgageC 46,61121.0%6.63%
Bank of AmericaF 23,63437.7%6.24%
Pennymac Loan ServicesC 19,51614.1%6.50%
Navy Federal Credit UnionD 19,45223.2%7.59%
Crosscountry MortgageB 19,1035.2%6.75%
NewrezD 17,51922.4%6.75%
Dhi Mortgage CompanyB 16,66114.5%4.88%
Lennar MortgageA 14,98421.0%4.75%
Truist BankC 14,14041.5%6.60%

Frequently asked questions

Florida: 32 applications in 2025, of which 24 were originated and 5 denied.

15.6% of all applications, or 17.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Bangor Savings Bank originated in Florida in 2025 was 6.94%, against a statewide median of 6.63%.

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