First National Bank · Maine · 2025

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

First National Bank took 909 mortgage applications in Maine in 2025, ranking #13 of 537 lenders active in the state. It originated 79.3% of them and denied 8.8% (9.9% of the applications it decided), against a statewide denial rate of 16.3%.

909Applicationsin ME
9.9%Decision denial ratestate 20.1%
7.50%Median ratestate 6.88%
$165,000Median loanstate $215,000
$178MVolume16 counties

First National Bank in Maine vs the state

8.8%Denial rate-7.53 pts vs state
9.9%Decision denial rate-10.19 pts vs state
79.3%Origination rate+17.15 pts vs state
7.50%Median rate+0.63 pts vs state
0.30Rate spread (pts)-0.03 pts vs state
$104kMedian applicant income
721Loans originated
80Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239357847.0%7.75%#11
20248616908.7%8.25%#13
20259097218.8%7.50%#13

What First National Bank lends in Maine

By loan purpose

Home purchase 376 41% · 5.9% denied
Refinance 148 16% · 11.5% denied
Cash-out refinance 12 1% · 0.0% denied
Home improvement 200 22% · 10.0% denied
Other / HELOC 173 19% · 12.1% denied

By loan type

Conventional 891 98% · 8.8% denied
VA 7 1% · 14.3% denied
USDA / RHS 11 1% · 9.1% denied

Why it denied Maine applicants

Debt-to-income ratio 53 66%
Credit history 11 14%
Collateral 5 6%
Other 4 5%
Unverifiable information 4 5%
Insufficient cash 2 3%
Employment history 1 1%

Where in Maine

Counties with the most First National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lincoln County 25020618 7.2%
Knox County 20315426 12.8%
Hancock County 1401179 6.4%
Waldo County 77655 6.5%
Penobscot County 76595 6.6%
Washington County 64459 14.1%
Kennebec County 34272 5.9%
Sagadahoc County 16142 12.5%
Cumberland County 14111 7.1%
Somerset County 751 14.3%

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: 909 applications in 2025, of which 721 were originated and 80 denied.

8.8% of all applications, or 9.9% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans First National Bank originated in Maine in 2025 was 7.50%, against a statewide median of 6.88%.

About this data. Figures are First National 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