Cuso Mortgage · Maine · 2025

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

Cuso Mortgage took 481 mortgage applications in Maine in 2025, ranking #33 of 537 lenders active in the state. It originated 68.4% of them and denied 18.1% (20.9% of the applications it decided), against a statewide denial rate of 16.3%.

481Applicationsin ME
20.9%Decision denial ratestate 20.1%
6.63%Median ratestate 6.88%
$245,000Median loanstate $215,000
$87MVolume16 counties

Cuso Mortgage in Maine vs the state

18.1%Denial rate+1.76 pts vs state
20.9%Decision denial rate+0.78 pts vs state
68.4%Origination rate+6.23 pts vs state
6.63%Median rate-0.25 pts vs state
0.38Rate spread (pts)+0.05 pts vs state
$92kMedian applicant income
329Loans originated
87Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202327212431.3%6.63%#44
202453028923.8%6.88%#25
202548132918.1%6.63%#33

What Cuso Mortgage lends in Maine

By loan purpose

Home purchase 400 83% · 14.0% denied
Refinance 23 5% · 30.4% denied
Cash-out refinance 46 10% · 37.0% denied
Home improvement 3 1% · 0.0% denied
Other / HELOC 9 2% · 77.8% denied

By loan type

Conventional 371 77% · 15.1% denied
FHA 75 16% · 26.7% denied
VA 8 2% · 0.0% denied
USDA / RHS 27 6% · 40.7% denied

Why it denied Maine applicants

Debt-to-income ratio 32 37%
Credit history 29 33%
Collateral 12 14%
Incomplete application 5 6%
Employment history 4 5%
Other 4 5%
Insufficient cash 1 1%

Where in Maine

Counties with the most Cuso Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Penobscot County 100818 8.0%
Kennebec County 52348 15.4%
Hancock County 40335 12.5%
Cumberland County 40229 22.5%
Sagadahoc County 33218 24.2%
Androscoggin County 32235 15.6%
Somerset County 30215 16.7%
Waldo County 291610 34.5%
York County 26166 23.1%
Oxford County 25125 20.0%

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: 481 applications in 2025, of which 329 were originated and 87 denied.

18.1% of all applications, or 20.9% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

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

About this data. Figures are Cuso Mortgage'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