Fairway Independent Mortgage · Maine · 2025

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

Fairway Independent Mortgage took 509 mortgage applications in Maine in 2025, ranking #30 of 537 lenders active in the state. It originated 76.6% of them and denied 3.5% (4.4% of the applications it decided), against a statewide denial rate of 16.3%.

509Applicationsin ME
4.4%Decision denial ratestate 20.1%
6.63%Median ratestate 6.88%
$275,000Median loanstate $215,000
$122MVolume16 counties

Fairway Independent Mortgage in Maine vs the state

3.5%Denial rate-12.79 pts vs state
4.4%Decision denial rate-15.69 pts vs state
76.6%Origination rate+14.45 pts vs state
6.63%Median rate-0.25 pts vs state
0.37Rate spread (pts)+0.04 pts vs state
$102kMedian applicant income
390Loans originated
18Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235213714.8%6.88%#21
20245924434.4%6.75%#23
20255093903.5%6.63%#30

What Fairway Independent Mortgage lends in Maine

By loan purpose

Home purchase 405 80% · 3.5% denied
Refinance 60 12% · 5.0% denied
Cash-out refinance 26 5% · 0.0% denied
Home improvement 5 1% · 0.0% denied
Other / HELOC 13 3% · 7.7% denied

By loan type

Conventional 327 64% · 2.5% denied
FHA 107 21% · 5.6% denied
VA 55 11% · 1.8% denied
USDA / RHS 20 4% · 15.0% denied

Why it denied Maine applicants

Incomplete application 5 28%
Debt-to-income ratio 4 22%
Credit history 3 17%
Insufficient cash 3 17%
Collateral 2 11%
Other 1 6%

Where in Maine

Counties with the most Fairway Independent Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Knox County 133954 3.0%
Kennebec County 77663 3.9%
Waldo County 48350 0.0%
York County 48374 8.3%
Penobscot County 41332 4.9%
Cumberland County 39341 2.6%
Lincoln County 30210 0.0%
Somerset County 22141 4.5%
Franklin County 17141 5.9%
Androscoggin County 16121 6.3%

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: 509 applications in 2025, of which 390 were originated and 18 denied.

3.5% of all applications, or 4.4% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

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

About this data. Figures are Fairway Independent 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