Bath Savings Institution · Maine · 2025

Bath Savings Institution in Maine: approval rate, denial rate and rates (2025)

Bath Savings Institution took 296 mortgage applications in Maine in 2025, ranking #51 of 537 lenders active in the state. It originated 64.9% of them and denied 12.2% (15.8% of the applications it decided), against a statewide denial rate of 16.3%.

296Applicationsin ME
15.8%Decision denial ratestate 20.1%
7.00%Median ratestate 6.88%
$285,000Median loanstate $215,000
$73MVolume15 counties

Bath Savings Institution in Maine vs the state

12.2%Denial rate-4.17 pts vs state
15.8%Decision denial rate-4.29 pts vs state
64.9%Origination rate+2.69 pts vs state
7.00%Median rate+0.13 pts vs state
0.42Rate spread (pts)+0.09 pts vs state
$136kMedian applicant income
192Loans originated
36Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202338927111.1%6.75%#33
20243282455.8%7.00%#48
202529619212.2%7.00%#51

What Bath Savings Institution lends in Maine

By loan purpose

Home purchase 216 73% · 8.8% denied
Refinance 9 3% · 0.0% denied
Cash-out refinance 31 10% · 25.8% denied
Home improvement 25 8% · 16.0% denied
Other / HELOC 15 5% · 33.3% denied

By loan type

Conventional 287 97% · 11.2% denied
VA 2 1% · 50.0% denied
USDA / RHS 7 2% · 42.9% denied

Why it denied Maine applicants

Debt-to-income ratio 24 67%
Credit history 5 14%
Other 3 8%
Insufficient cash 2 6%
Employment history 1 3%
Collateral 1 3%

Where in Maine

Counties with the most Bath Savings Institution applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cumberland County 1439115 10.5%
Sagadahoc County 774512 15.6%
Lincoln County 34245 14.7%
Androscoggin County 16102 12.5%
York County 770 0.0%
Kennebec County 760 0.0%
Oxford County 220 0.0%
Waldo County 210 0.0%
Piscataquis County 211 50.0%
Knox County 110 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: 296 applications in 2025, of which 192 were originated and 36 denied.

12.2% of all applications, or 15.8% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Bath Savings Institution originated in Maine in 2025 was 7.00%, against a statewide median of 6.88%.

About this data. Figures are Bath Savings Institution'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