Bar Harbor Bank & Trust at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D 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%
11th25.5% deniedPricingmedian rate spread over APOR, weight 30%
53rd0.24 ptsProcesswithdrawn + incomplete share, weight 15%
21st19.4%Closing coststotal loan costs ÷ loan amount, weight 10%
39th2.22% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 991 | 615 | 20.5% | 24.7% | 7.13% | $162M |
| 2024 | 876 | 543 | 21.2% | 25.4% | 7.88% | $171M |
| 2025 | 972 | 579 | 20.6% | 25.5% | 7.25% | $255M |
What Bar Harbor Bank & Trust 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: 462 home-equity lines, 0 reverse mortgages, 29 manufactured homes, 76 investment properties.
Why Bar Harbor Bank & Trust denies applications
Primary reason reported for each of the 200 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Bar Harbor Bank & Trust
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 95 | 37 | 56.0% |
| $50k – $100k | 281 | 146 | 33.9% |
| $100k – $150k | 218 | 141 | 18.9% |
| $150k – $250k | 185 | 126 | 11.9% |
| Over $250k | 140 | 93 | 14.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 111 | 65 | 27.8% |
| 35–44 | 162 | 93 | 25.4% |
| 45–54 | 164 | 92 | 31.9% |
| 55–64 | 246 | 147 | 24.6% |
| 65–74 | 164 | 97 | 25.4% |
| Over 74 | 74 | 46 | 23.3% |
Where Bar Harbor Bank & Trust lends
6 states and 41 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New Hampshire | 479 | 282 | 20.3% | 7.13% | #31 |
| Maine | 361 | 223 | 19.7% | 7.25% | #43 |
| Vermont | 119 | 65 | 25.2% | 7.20% | #35 |
| Massachusetts | 10 | 7 | 10.0% | 7.00% | #462 |
Frequently asked questions
Bar Harbor Bank & Trust denied 25.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 11th percentile of small mortgage lenders.
The most common reason Bar Harbor Bank & Trust gave in 2025 was "debt-to-income ratio", cited on 53.0% 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 Bar Harbor Bank & Trust originated in 2025 was 7.25%, and its median rate spread over the average prime offer rate was 0.24 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 31% of its applications were for home purchases, 24% for refinancing (including cash-out), and 45% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% 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.