Broker Solutions · Maine · 2025

Broker Solutions in Maine: approval rate, denial rate and rates (2025)

Broker Solutions took 876 mortgage applications in Maine in 2025, ranking #15 of 537 lenders active in the state. It originated 44.2% of them and denied 10.3% (18.4% of the applications it decided), against a statewide denial rate of 16.3%.

876Applicationsin ME
18.4%Decision denial ratestate 20.1%
6.75%Median ratestate 6.88%
$255,000Median loanstate $215,000
$134MVolume16 counties

Broker Solutions in Maine vs the state

10.3%Denial rate-6.06 pts vs state
18.4%Decision denial rate-1.68 pts vs state
44.2%Origination rate-17.99 pts vs state
6.75%Median rate-0.13 pts vs state
0.36Rate spread (pts)+0.03 pts vs state
$96kMedian applicant income
387Loans originated
90Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232668710.5%6.75%#46
20246342678.5%6.88%#20
202587638710.3%6.75%#15

What Broker Solutions lends in Maine

By loan purpose

Home purchase 357 41% · 3.4% denied
Refinance 106 12% · 9.4% denied
Cash-out refinance 267 30% · 14.6% denied
Home improvement 42 5% · 9.5% denied
Other / HELOC 104 12% · 24.0% denied

By loan type

Conventional 527 60% · 5.5% denied
FHA 292 33% · 18.8% denied
VA 57 7% · 10.5% denied

Why it denied Maine applicants

Credit history 50 56%
Collateral 23 26%
Debt-to-income ratio 6 7%
Other 5 6%
Incomplete application 4 4%
Unverifiable information 1 1%
Insufficient cash 1 1%

Where in Maine

Counties with the most Broker Solutions applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cumberland County 25816713 5.0%
York County 1366214 10.3%
Androscoggin County 772410 13.0%
Penobscot County 681313 19.1%
Kennebec County 60205 8.3%
Oxford County 46148 17.4%
Aroostook County 3766 16.2%
Somerset County 33123 9.1%
Sagadahoc County 27132 7.4%
Hancock County 2692 7.7%

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: 876 applications in 2025, of which 387 were originated and 90 denied.

10.3% of all applications, or 18.4% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Broker Solutions originated in Maine in 2025 was 6.75%, against a statewide median of 6.88%.

About this data. Figures are Broker Solutions'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