Katahdin Trust · Maine · 2025

Katahdin Trust in Maine: approval rate, denial rate and rates (2025)

Katahdin Trust took 217 mortgage applications in Maine in 2025, ranking #66 of 537 lenders active in the state. It originated 71.0% of them and denied 15.7% (17.6% of the applications it decided), against a statewide denial rate of 16.3%.

217Applicationsin ME
17.6%Decision denial ratestate 20.1%
Median ratestate 6.88%
$165,000Median loanstate $215,000
$47MVolume14 counties

Katahdin Trust in Maine vs the state

15.7%Denial rate-0.66 pts vs state
17.6%Decision denial rate-2.46 pts vs state
71.0%Origination rate+8.80 pts vs state
Median rate
Rate spread (pts)
$84kMedian applicant income
154Loans originated
34Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325418916.5%#50
202422817014.5%#60
202521715415.7%#66

What Katahdin Trust lends in Maine

By loan purpose

Home purchase 140 65% · 15.7% denied
Refinance 51 24% · 13.7% denied
Home improvement 16 7% · 18.8% denied
Other / HELOC 10 5% · 20.0% denied

By loan type

Conventional 212 98% · 14.6% denied
USDA / RHS 5 2% · 60.0% denied

Where in Maine

Counties with the most Katahdin Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Aroostook County 1279123 18.1%
Penobscot County 39294 10.3%
Cumberland County 21143 14.3%
York County 550 0.0%
Sagadahoc County 420 0.0%
Hancock County 430 0.0%
Franklin County 311 33.3%
Piscataquis County 320 0.0%
Kennebec County 312 66.7%
Oxford County 220 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: 217 applications in 2025, of which 154 were originated and 34 denied.

15.7% of all applications, or 17.6% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Katahdin Trust'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