Carrington Mortgage Services · Maine · 2025

Carrington Mortgage Services in Maine: approval rate, denial rate and rates (2025)

Carrington Mortgage Services took 207 mortgage applications in Maine in 2025, ranking #68 of 537 lenders active in the state. It originated 32.9% of them and denied 40.1% (48.5% of the applications it decided), against a statewide denial rate of 16.3%.

207Applicationsin ME
48.5%Decision denial ratestate 20.1%
6.81%Median ratestate 6.88%
$165,000Median loanstate $215,000
$13MVolume16 counties

Carrington Mortgage Services in Maine vs the state

40.1%Denial rate+23.77 pts vs state
48.5%Decision denial rate+28.46 pts vs state
32.9%Origination rate-29.32 pts vs state
6.81%Median rate-0.06 pts vs state
0.84Rate spread (pts)+0.52 pts vs state
$79kMedian applicant income
68Loans originated
83Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231704254.1%6.63%#67
20241996246.7%6.88%#66
20252076840.1%6.81%#68

What Carrington Mortgage Services lends in Maine

By loan purpose

Home purchase 13 6% · 23.1% denied
Refinance 6 3% · 66.7% denied
Cash-out refinance 188 91% · 40.4% denied

By loan type

Conventional 105 51% · 34.3% denied
FHA 84 41% · 47.6% denied
VA 18 9% · 38.9% denied

Why it denied Maine applicants

Incomplete application 68 82%
Collateral 5 6%
Credit history 3 4%
Unverifiable information 3 4%
Employment history 2 2%
Insufficient cash 1 1%
Debt-to-income ratio 1 1%

Where in Maine

Counties with the most Carrington Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
York County 431518 41.9%
Cumberland County 431419 44.2%
Androscoggin County 2358 34.8%
Penobscot County 2089 45.0%
Kennebec County 1958 42.1%
Somerset County 1243 25.0%
Oxford County 1044 40.0%
Aroostook County 632 33.3%
Washington County 621 16.7%
Waldo County 622 33.3%

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: 207 applications in 2025, of which 68 were originated and 83 denied.

40.1% of all applications, or 48.5% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Carrington Mortgage Services originated in Maine in 2025 was 6.81%, against a statewide median of 6.88%.

About this data. Figures are Carrington Mortgage Services'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