Homexpress Mortgage · Maine · 2025

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

Homexpress Mortgage took 54 mortgage applications in Maine in 2025, ranking #122 of 537 lenders active in the state. It originated 42.6% of them and denied 53.7% (54.7% of the applications it decided), against a statewide denial rate of 16.3%.

54Applicationsin ME
54.7%Decision denial ratestate 20.1%
7.38%Median ratestate 6.88%
$245,000Median loanstate $215,000
$6.6MVolume13 counties

Homexpress Mortgage in Maine vs the state

53.7%Denial rate+37.37 pts vs state
54.7%Decision denial rate+34.64 pts vs state
42.6%Origination rate-19.58 pts vs state
7.38%Median rate+0.50 pts vs state
0.75Rate spread (pts)+0.43 pts vs state
$124kMedian applicant income
23Loans originated
29Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023181133.3%8.00%#160
2024502158.0%8.63%#113
2025542353.7%7.38%#122

What Homexpress Mortgage lends in Maine

By loan purpose

Home purchase 18 33% · 55.6% denied
Refinance 2 4% · 0.0% denied
Cash-out refinance 34 63% · 55.9% denied

By loan type

Conventional 46 85% · 54.4% denied
FHA 3 6% · 100.0% denied
VA 5 9% · 20.0% denied

Why it denied Maine applicants

Credit history 18 62%
Collateral 7 24%
Debt-to-income ratio 2 7%
Insufficient cash 1 3%
Employment history 1 3%

Where in Maine

Counties with the most Homexpress Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Penobscot County 1458 57.1%
York County 953 33.3%
Cumberland County 633 50.0%
Androscoggin County 642 33.3%
Kennebec County 505 100.0%
Oxford County 413 75.0%
Washington County 211 50.0%
Aroostook County 211 50.0%
Somerset County 202 100.0%
Waldo 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: 54 applications in 2025, of which 23 were originated and 29 denied.

53.7% of all applications, or 54.7% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Homexpress Mortgage originated in Maine in 2025 was 7.38%, against a statewide median of 6.88%.

About this data. Figures are Homexpress 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