Cumberland County at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
37th13.0% deniedPricingmedian rate spread over APOR, weight 30%
31st0.46 ptsProcesswithdrawn + incomplete share, weight 15%
56th10.3%Closing coststotal loan costs ÷ loan amount, weight 10%
98th0.29% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 274 | 226 | 11.7% | 12.2% | 6.50% | $22M |
| 2024 | 232 | 172 | 12.1% | 13.2% | 7.15% | $18M |
| 2025 | 310 | 230 | 11.6% | 13.0% | 6.63% | $32M |
What Cumberland County lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 12 manufactured homes, 0 investment properties.
Why Cumberland County denies applications
Primary reason reported for each of the 36 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Cumberland County
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 29 | 12 | 38.5% |
| $50k – $100k | 100 | 78 | 14.9% |
| $100k – $150k | 93 | 73 | 6.2% |
| $150k – $250k | 65 | 52 | 10.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 30 | 24 | 7.1% |
| 35–44 | 67 | 47 | 17.2% |
| 45–54 | 68 | 53 | 8.3% |
| 55–64 | 72 | 50 | 18.5% |
| 65–74 | 57 | 44 | 11.5% |
Where Cumberland County lends
1 states and 13 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Maine | 310 | 230 | 11.6% | 6.63% | #47 |
Frequently asked questions
Cumberland County denied 13.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 37th percentile of small mortgage lenders.
The most common reason Cumberland County gave in 2025 was "debt-to-income ratio", cited on 44.4% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Cumberland County originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.46 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 15% of its applications were for home purchases, 29% for refinancing (including cash-out), and 57% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.