Better Mortgage in Maine vs the state
27.7%Denial rate+11.40 pts vs state
55.0%Decision denial rate+34.87 pts vs state
22.7%Origination rate-39.44 pts vs state
7.50%Median rate+0.63 pts vs state
0.68Rate spread (pts)+0.36 pts vs state
$121kMedian applicant income
50Loans originated
61Denied
Trend in Maine
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 46 | 19 | 21.7% | 6.50% | #114 |
| 2024 | 71 | 20 | 18.3% | 6.44% | #98 |
| 2025 | 220 | 50 | 27.7% | 7.50% | #64 |
What Better Mortgage lends in Maine
By loan purpose
By loan type
Why it denied Maine applicants
Where in Maine
Counties with the most Better Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cumberland County | 57 | 12 | 22 | 38.6% |
| York County | 37 | 7 | 9 | 24.3% |
| Kennebec County | 20 | 4 | 5 | 25.0% |
| Oxford County | 16 | 3 | 7 | 43.8% |
| Penobscot County | 15 | 3 | 2 | 13.3% |
| Hancock County | 14 | 5 | 2 | 14.3% |
| Androscoggin County | 9 | 3 | 3 | 33.3% |
| Aroostook County | 8 | 2 | 0 | 0.0% |
| Knox County | 8 | 2 | 3 | 37.5% |
| Somerset County | 7 | 2 | 0 | 0.0% |
Other large lenders in Maine
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Bangor Savings Bank | B | 4,518 | 17.2% | 7.25% |
| United Shore Financial Services | B | 2,675 | 9.1% | 6.50% |
| Rocket Mortgage | C | 2,628 | 22.9% | 6.75% |
| The Camden National Bank | A | 2,559 | 13.2% | 6.99% |
| CMG Mortgage | A | 2,251 | 4.2% | 6.63% |
| Guild Mortgage | A | 1,838 | 5.3% | 6.63% |
| Kennebec Savings Bank | B | 1,493 | 9.6% | 7.00% |
| TD Bank | D | 1,244 | 20.2% | 7.35% |
| Mortgage Research Center | C | 1,104 | 17.6% | 6.25% |
| Evergreen Credit Union | D | 976 | 30.6% | 6.50% |
Frequently asked questions
Maine: 220 applications in 2025, of which 50 were originated and 61 denied.
27.7% of all applications, or 55.0% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.
The median rate on loans Better Mortgage originated in Maine in 2025 was 7.50%, against a statewide median of 6.88%.
About this data. Figures are Better Mortgage'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