Guaranteed Rate · Maine · 2025

Guaranteed Rate in Maine: approval rate, denial rate and rates (2025)

Guaranteed Rate took 500 mortgage applications in Maine in 2025, ranking #31 of 537 lenders active in the state. It originated 55.4% of them and denied 5.8% (9.4% of the applications it decided), against a statewide denial rate of 16.3%.

500Applicationsin ME
9.4%Decision denial ratestate 20.1%
6.50%Median ratestate 6.88%
$335,000Median loanstate $215,000
$113MVolume16 counties

Guaranteed Rate in Maine vs the state

5.8%Denial rate-10.53 pts vs state
9.4%Decision denial rate-10.73 pts vs state
55.4%Origination rate-6.77 pts vs state
6.50%Median rate-0.38 pts vs state
0.27Rate spread (pts)-0.05 pts vs state
$128kMedian applicant income
277Loans originated
29Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023163683.7%6.83%#71
20242251458.0%6.85%#62
20255002775.8%6.50%#31

What Guaranteed Rate lends in Maine

By loan purpose

Home purchase 368 74% · 3.3% denied
Refinance 61 12% · 6.6% denied
Cash-out refinance 56 11% · 12.5% denied
Home improvement 5 1% · 40.0% denied
Other / HELOC 10 2% · 40.0% denied

By loan type

Conventional 381 76% · 5.0% denied
FHA 88 18% · 9.1% denied
VA 28 6% · 7.1% denied
USDA / RHS 3 1% · 0.0% denied

Why it denied Maine applicants

Debt-to-income ratio 11 38%
Collateral 7 24%
Other 4 14%
Incomplete application 4 14%
Credit history 2 7%
Unverifiable information 1 3%

Where in Maine

Counties with the most Guaranteed Rate applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cumberland County 156847 4.5%
York County 95536 6.3%
Androscoggin County 51262 3.9%
Kennebec County 46290 0.0%
Oxford County 32202 6.3%
Somerset County 28173 10.7%
Penobscot County 27143 11.1%
Lincoln County 1251 8.3%
Waldo County 950 0.0%
Hancock County 962 22.2%

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: 500 applications in 2025, of which 277 were originated and 29 denied.

5.8% of all applications, or 9.4% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Guaranteed Rate originated in Maine in 2025 was 6.50%, against a statewide median of 6.88%.

About this data. Figures are Guaranteed Rate'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