Coastal Community Bank · Maine · 2025

Coastal Community Bank in Maine: approval rate, denial rate and rates (2025)

Coastal Community Bank took 511 mortgage applications in Maine in 2025, ranking #29 of 537 lenders active in the state. It originated 20.0% of them and denied 2.7% (4.6% of the applications it decided), against a statewide denial rate of 16.3%.

511Applicationsin ME
4.6%Decision denial ratestate 20.1%
10.49%Median ratestate 6.88%
$55,000Median loanstate $215,000
$7.4MVolume16 counties

Coastal Community Bank in Maine vs the state

2.7%Denial rate-13.59 pts vs state
4.6%Decision denial rate-15.50 pts vs state
20.0%Origination rate-42.21 pts vs state
10.49%Median rate+3.62 pts vs state
3.25Rate spread (pts)+2.92 pts vs state
$113kMedian applicant income
102Loans originated
14Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232931172.4%13.99%#41
20244061111.7%13.74%#35
20255111022.7%10.49%#29

What Coastal Community Bank lends in Maine

By loan purpose

Cash-out refinance 55 11% · 3.6% denied
Home improvement 160 31% · 3.8% denied
Other / HELOC 296 58% · 2.0% denied

By loan type

Conventional 511 100% · 2.7% denied

Why it denied Maine applicants

Debt-to-income ratio 9 64%
Credit history 4 29%
Collateral 1 7%

Where in Maine

Counties with the most Coastal Community Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
York County 110263 2.7%
Cumberland County 94223 3.2%
Kennebec County 54112 3.7%
Androscoggin County 5191 2.0%
Penobscot County 3142 6.5%
Oxford County 2970 0.0%
Knox County 2230 0.0%
Sagadahoc County 1850 0.0%
Somerset County 1830 0.0%
Lincoln County 1731 5.9%

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: 511 applications in 2025, of which 102 were originated and 14 denied.

2.7% of all applications, or 4.6% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Coastal Community Bank originated in Maine in 2025 was 10.49%, against a statewide median of 6.88%.

About this data. Figures are Coastal Community Bank'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