Cumberland County · Maine · 2025

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

Cumberland County took 310 mortgage applications in Maine in 2025, ranking #47 of 537 lenders active in the state. It originated 74.2% of them and denied 11.6% (13.0% of the applications it decided), against a statewide denial rate of 16.3%.

310Applicationsin ME
13.0%Decision denial ratestate 20.1%
6.63%Median ratestate 6.88%
$85,000Median loanstate $215,000
$32MVolume13 counties

Cumberland County in Maine vs the state

11.6%Denial rate-4.72 pts vs state
13.0%Decision denial rate-7.13 pts vs state
74.2%Origination rate+12.02 pts vs state
6.63%Median rate-0.25 pts vs state
0.46Rate spread (pts)+0.13 pts vs state
$109kMedian applicant income
230Loans originated
36Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202327422611.7%6.50%#43
202423217212.1%7.15%#59
202531023011.6%6.63%#47

What Cumberland County lends in Maine

By loan purpose

Home purchase 45 15% · 2.2% denied
Refinance 10 3% · 10.0% denied
Cash-out refinance 79 25% · 12.7% denied
Home improvement 57 18% · 10.5% denied
Other / HELOC 119 38% · 15.1% denied

By loan type

Conventional 310 100% · 11.6% denied

Why it denied Maine applicants

Debt-to-income ratio 16 44%
Credit history 15 42%
Collateral 3 8%
Other 2 6%

Where in Maine

Counties with the most Cumberland County applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cumberland County 24117927 11.2%
Androscoggin County 20142 10.0%
York County 19170 0.0%
Oxford County 844 50.0%
Somerset County 531 20.0%
Sagadahoc County 431 25.0%
Kennebec County 430 0.0%
Franklin County 330 0.0%
Piscataquis County 220 0.0%
Aroostook County 101 100.0%

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: 310 applications in 2025, of which 230 were originated and 36 denied.

11.6% of all applications, or 13.0% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Cumberland County originated in Maine in 2025 was 6.63%, against a statewide median of 6.88%.

About this data. Figures are Cumberland County'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