Downeast Credit Union in Maine vs the state
32.5%Denial rate+16.17 pts vs state
34.2%Decision denial rate+14.13 pts vs state
62.5%Origination rate+0.33 pts vs state
7.00%Median rate+0.13 pts vs state
0.68Rate spread (pts)+0.36 pts vs state
$85kMedian applicant income
25Loans originated
13Denied
Trend in Maine
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 43 | 26 | 32.6% | 6.57% | #118 |
| 2024 | 33 | 20 | 33.3% | 6.82% | #135 |
| 2025 | 40 | 25 | 32.5% | 7.00% | #134 |
What Downeast Credit Union lends in Maine
By loan purpose
By loan type
Why it denied Maine applicants
Where in Maine
Counties with the most Downeast Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Waldo County | 14 | 8 | 5 | 35.7% |
| Washington County | 14 | 11 | 3 | 21.4% |
| Sagadahoc County | 3 | 2 | 1 | 33.3% |
| Kennebec County | 3 | 1 | 2 | 66.7% |
| Penobscot County | 2 | 2 | 0 | 0.0% |
| Aroostook County | 1 | 1 | 0 | 0.0% |
| Hancock County | 1 | 0 | 1 | 100.0% |
Other large lenders in Maine
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Bangor Savings Bank | B | 4,518 | 17.2% | 7.25% |
| United Shore Financial Services | B | 2,675 | 9.1% | 6.50% |
| Rocket Mortgage | C | 2,628 | 22.9% | 6.75% |
| The Camden National Bank | A | 2,559 | 13.2% | 6.99% |
| CMG Mortgage | A | 2,251 | 4.2% | 6.63% |
| Guild Mortgage | A | 1,838 | 5.3% | 6.63% |
| Kennebec Savings Bank | B | 1,493 | 9.6% | 7.00% |
| TD Bank | D | 1,244 | 20.2% | 7.35% |
| Mortgage Research Center | C | 1,104 | 17.6% | 6.25% |
| Evergreen Credit Union | D | 976 | 30.6% | 6.50% |
Frequently asked questions
Maine: 40 applications in 2025, of which 25 were originated and 13 denied.
32.5% of all applications, or 34.2% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.
The median rate on loans Downeast Credit Union originated in Maine in 2025 was 7.00%, against a statewide median of 6.88%.
About this data. Figures are Downeast Credit Union'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