Hometown Equity Mortgage · Maine · 2025

Hometown Equity Mortgage in Maine: approval rate, denial rate and rates (2025)

Hometown Equity Mortgage took 45 mortgage applications in Maine in 2025, ranking #130 of 537 lenders active in the state. It originated 46.7% of them and denied 51.1% (52.3% of the applications it decided), against a statewide denial rate of 16.3%.

45Applicationsin ME
52.3%Decision denial ratestate 20.1%
7.50%Median ratestate 6.88%
$325,000Median loanstate $215,000
$7.9MVolume14 counties

Hometown Equity Mortgage in Maine vs the state

51.1%Denial rate+34.78 pts vs state
52.3%Decision denial rate+32.19 pts vs state
46.7%Origination rate-15.50 pts vs state
7.50%Median rate+0.63 pts vs state
1.62Rate spread (pts)+1.30 pts vs state
$132kMedian applicant income
21Loans originated
23Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202410280.0%8.38%#204
2025452151.1%7.50%#130

What Hometown Equity Mortgage lends in Maine

By loan purpose

Home purchase 13 29% · 38.5% denied
Refinance 6 13% · 66.7% denied
Cash-out refinance 26 58% · 53.9% denied

By loan type

Conventional 43 96% · 51.2% denied
FHA 2 4% · 50.0% denied

Why it denied Maine applicants

Incomplete application 17 74%
Collateral 4 17%
Credit history 2 9%

Where in Maine

Counties with the most Hometown Equity Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
York County 1055 50.0%
Cumberland County 1055 50.0%
Penobscot County 505 100.0%
Kennebec County 532 40.0%
Washington County 202 100.0%
Aroostook County 211 50.0%
Androscoggin County 220 0.0%
Sagadahoc County 211 50.0%
Somerset County 201 50.0%
Oxford 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: 45 applications in 2025, of which 21 were originated and 23 denied.

51.1% of all applications, or 52.3% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Hometown Equity Mortgage originated in Maine in 2025 was 7.50%, against a statewide median of 6.88%.

About this data. Figures are Hometown Equity Mortgage'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