Flagstar Bank · Maine · 2025

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

Flagstar Bank took 19 mortgage applications in Maine in 2025, ranking #177 of 537 lenders active in the state. It originated 57.9% of them and denied 21.1% (26.7% of the applications it decided), against a statewide denial rate of 16.3%.

19Applicationsin ME
26.7%Decision denial ratestate 20.1%
6.63%Median ratestate 6.88%
$285,000Median loanstate $215,000
$4.0MVolume8 counties

Flagstar Bank in Maine vs the state

21.1%Denial rate+4.72 pts vs state
26.7%Decision denial rate+6.59 pts vs state
57.9%Origination rate-4.28 pts vs state
6.63%Median rate-0.25 pts vs state
0.07Rate spread (pts)-0.26 pts vs state
$113kMedian applicant income
11Loans originated
4Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023703822.9%7.44%#96
2024502420.0%6.63%#114
2025191121.1%6.63%#177

What Flagstar Bank lends in Maine

By loan purpose

Home purchase 8 42% · 37.5% denied
Refinance 2 11% · 0.0% denied
Cash-out refinance 8 42% · 12.5% denied
Home improvement 1 5% · 0.0% denied

By loan type

Conventional 14 74% · 7.1% denied
FHA 3 16% · 66.7% denied
VA 1 5% · 0.0% denied
USDA / RHS 1 5% · 100.0% denied

Why it denied Maine applicants

Incomplete application 3 75%
Debt-to-income ratio 1 25%

Where in Maine

Counties with the most Flagstar Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
York County 532 40.0%
Cumberland County 430 0.0%
Penobscot County 312 66.7%
Kennebec County 210 0.0%
Waldo County 220 0.0%
Hancock County 100 0.0%
Knox County 110 0.0%
Androscoggin County 100 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: 19 applications in 2025, of which 11 were originated and 4 denied.

21.1% of all applications, or 26.7% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Flagstar Bank originated in Maine in 2025 was 6.63%, against a statewide median of 6.88%.

About this data. Figures are Flagstar 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