Builders Choice Mortgage · Maine · 2025

Builders Choice Mortgage in Maine: approval rate, denial rate and rates (2025)

Builders Choice Mortgage took 24 mortgage applications in Maine in 2025, ranking #165 of 537 lenders active in the state. It originated 62.5% of them and denied 8.3% (11.1% of the applications it decided), against a statewide denial rate of 16.3%.

24Applicationsin ME
11.1%Decision denial ratestate 20.1%
6.99%Median ratestate 6.88%
$665,000Median loanstate $215,000
$9.8MVolume3 counties

Builders Choice Mortgage in Maine vs the state

8.3%Denial rate-8.00 pts vs state
11.1%Decision denial rate-8.97 pts vs state
62.5%Origination rate+0.33 pts vs state
6.99%Median rate+0.12 pts vs state
0.44Rate spread (pts)+0.12 pts vs state
$240kMedian applicant income
15Loans originated
2Denied

What Builders Choice Mortgage lends in Maine

By loan purpose

Home purchase 18 75% · 0.0% denied
Refinance 1 4% · 0.0% denied
Cash-out refinance 5 21% · 40.0% denied

By loan type

Conventional 22 92% · 9.1% denied
FHA 1 4% · 0.0% denied
VA 1 4% · 0.0% denied

Why it denied Maine applicants

Other 1 50%
Collateral 1 50%

Where in Maine

Counties with the most Builders Choice Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
York County 22142 9.1%
Cumberland County 100 0.0%
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: 24 applications in 2025, of which 15 were originated and 2 denied.

8.3% of all applications, or 11.1% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Builders Choice Mortgage originated in Maine in 2025 was 6.99%, against a statewide median of 6.88%.

About this data. Figures are Builders Choice 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