First Federal Bank · Maine · 2025

First Federal Bank in Maine: approval rate, denial rate and rates (2025)

First Federal Bank took 25 mortgage applications in Maine in 2025, ranking #160 of 537 lenders active in the state. It originated 56.0% of them and denied 4.0% (6.7% of the applications it decided), against a statewide denial rate of 16.3%.

25Applicationsin ME
6.7%Decision denial ratestate 20.1%
6.13%Median ratestate 6.88%
$505,000Median loanstate $215,000
$6.9MVolume11 counties

First Federal Bank in Maine vs the state

4.0%Denial rate-12.33 pts vs state
6.7%Decision denial rate-13.41 pts vs state
56.0%Origination rate-6.17 pts vs state
6.13%Median rate-0.75 pts vs state
-0.23Rate spread (pts)-0.56 pts vs state
$210kMedian applicant income
14Loans originated
1Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236233.3%6.81%#234
2024201310.0%6.13%#161
202525144.0%6.13%#160

What First Federal Bank lends in Maine

By loan purpose

Home purchase 15 60% · 0.0% denied
Refinance 8 32% · 0.0% denied
Cash-out refinance 2 8% · 50.0% denied

By loan type

Conventional 17 68% · 5.9% denied
VA 8 32% · 0.0% denied

Why it denied Maine applicants

Debt-to-income ratio 1 100%

Where in Maine

Counties with the most First Federal Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
York County 630 0.0%
Cumberland County 430 0.0%
Androscoggin County 300 0.0%
Franklin County 210 0.0%
Washington County 211 50.0%
Oxford County 210 0.0%
Kennebec County 210 0.0%
Penobscot County 110 0.0%
Piscataquis County 110 0.0%
Hancock County 110 0.0%

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: 25 applications in 2025, of which 14 were originated and 1 denied.

4.0% of all applications, or 6.7% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans First Federal Bank originated in Maine in 2025 was 6.13%, against a statewide median of 6.88%.

About this data. Figures are First Federal Bank'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