Finance of America Reverse in Maine vs the state
25.9%Denial rate+9.60 pts vs state
31.1%Decision denial rate+11.03 pts vs state
53.7%Origination rate-8.47 pts vs state
6.38%Median rate-0.50 pts vs state
—Rate spread (pts)
$26kMedian applicant income
29Loans originated
14Denied
Trend in Maine
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 33 | 22 | 12.1% | 7.71% | #126 |
| 2024 | 33 | 20 | 6.1% | 7.43% | #136 |
| 2025 | 54 | 29 | 25.9% | 6.38% | #121 |
What Finance of America Reverse lends in Maine
By loan purpose
By loan type
Why it denied Maine applicants
Where in Maine
Counties with the most Finance of America Reverse applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cumberland County | 12 | 7 | 3 | 25.0% |
| Kennebec County | 6 | 5 | 1 | 16.7% |
| York County | 6 | 3 | 1 | 16.7% |
| Hancock County | 5 | 2 | 2 | 40.0% |
| Somerset County | 3 | 2 | 1 | 33.3% |
| Aroostook County | 3 | 1 | 0 | 0.0% |
| Androscoggin County | 3 | 0 | 1 | 33.3% |
| Piscataquis County | 3 | 2 | 1 | 33.3% |
| Knox County | 3 | 2 | 0 | 0.0% |
| Penobscot County | 2 | 2 | 0 | 0.0% |
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: 54 applications in 2025, of which 29 were originated and 14 denied.
25.9% of all applications, or 31.1% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.
The median rate on loans Finance of America Reverse originated in Maine in 2025 was 6.38%, against a statewide median of 6.88%.
About this data. Figures are Finance of America Reverse'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