Casco · Maine · 2025

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

Casco took 82 mortgage applications in Maine in 2025, ranking #100 of 537 lenders active in the state. It originated 78.1% of them and denied 20.7% (20.7% of the applications it decided), against a statewide denial rate of 16.3%.

82Applicationsin ME
20.7%Decision denial ratestate 20.1%
5.99%Median ratestate 6.88%
$70,000Median loanstate $215,000
$6.6MVolume5 counties

Casco in Maine vs the state

20.7%Denial rate+4.40 pts vs state
20.7%Decision denial rate+0.65 pts vs state
78.1%Origination rate+15.88 pts vs state
5.99%Median rate-0.88 pts vs state
0.08Rate spread (pts)-0.25 pts vs state
$100kMedian applicant income
64Loans originated
17Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023624921.0%7.25%#101
202463604.8%7.50%#101
2025826420.7%5.99%#100

What Casco lends in Maine

By loan purpose

Home purchase 6 7% · 16.7% denied
Refinance 4 5% · 25.0% denied
Cash-out refinance 4 5% · 0.0% denied
Home improvement 33 40% · 21.2% denied
Other / HELOC 35 43% · 22.9% denied

By loan type

Conventional 82 100% · 20.7% denied

Why it denied Maine applicants

Debt-to-income ratio 9 53%
Credit history 6 35%
Other 2 12%

Where in Maine

Counties with the most Casco applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cumberland County 594910 16.9%
York County 1687 43.8%
Oxford County 440 0.0%
Washington County 220 0.0%
Somerset 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: 82 applications in 2025, of which 64 were originated and 17 denied.

20.7% of all applications, or 20.7% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Casco originated in Maine in 2025 was 5.99%, against a statewide median of 6.88%.

About this data. Figures are Casco'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