GTE Federal Credit Union · Maine · 2025

GTE Federal Credit Union in Maine: approval rate, denial rate and rates (2025)

GTE Federal Credit Union took 7 mortgage applications in Maine in 2025, ranking #249 of 537 lenders active in the state. It originated 42.9% of them and denied 57.1% (57.1% of the applications it decided), against a statewide denial rate of 16.3%.

7Applicationsin ME
57.1%Decision denial ratestate 20.1%
7.75%Median ratestate 6.88%
$125,000Median loanstate $215,000
$415kVolume5 counties

GTE Federal Credit Union in Maine vs the state

57.1%Denial rate+40.81 pts vs state
57.1%Decision denial rate+37.06 pts vs state
42.9%Origination rate-19.31 pts vs state
7.75%Median rate+0.88 pts vs state
0.47Rate spread (pts)+0.14 pts vs state
$140kMedian applicant income
3Loans originated
4Denied

What GTE Federal Credit Union lends in Maine

By loan purpose

Home purchase 1 14% · 0.0% denied
Home improvement 2 29% · 100.0% denied
Other / HELOC 4 57% · 50.0% denied

By loan type

Conventional 7 100% · 57.1% denied

Why it denied Maine applicants

Debt-to-income ratio 3 75%
Collateral 1 25%

Where in Maine

Counties with the most GTE Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
York County 202 100.0%
Cumberland County 220 0.0%
Androscoggin County 101 100.0%
Kennebec County 110 0.0%
Penobscot County 101 100.0%

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: 7 applications in 2025, of which 3 were originated and 4 denied.

57.1% of all applications, or 57.1% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans GTE Federal Credit Union originated in Maine in 2025 was 7.75%, against a statewide median of 6.88%.

About this data. Figures are GTE Federal Credit Union'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