Lighthouse Federal Credit Union · Maine · 2025

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

Lighthouse Federal Credit Union took 597 mortgage applications in Maine in 2025, ranking #28 of 537 lenders active in the state. It originated 54.8% of them and denied 30.3% (33.2% of the applications it decided), against a statewide denial rate of 16.3%.

597Applicationsin ME
33.2%Decision denial ratestate 20.1%
7.49%Median ratestate 6.88%
$105,000Median loanstate $215,000
$61MVolume16 counties

Lighthouse Federal Credit Union in Maine vs the state

30.3%Denial rate+13.99 pts vs state
33.2%Decision denial rate+13.07 pts vs state
54.8%Origination rate-7.40 pts vs state
7.49%Median rate+0.62 pts vs state
0.47Rate spread (pts)+0.14 pts vs state
$111kMedian applicant income
327Loans originated
181Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202362634532.0%6.63%#19
202470338732.7%7.50%#18
202559732730.3%7.49%#28

What Lighthouse Federal Credit Union lends in Maine

By loan purpose

Home purchase 117 20% · 24.8% denied
Refinance 11 2% · 27.3% denied
Cash-out refinance 125 21% · 24.8% denied
Home improvement 252 42% · 30.2% denied
Other / HELOC 92 15% · 45.7% denied

By loan type

Conventional 597 100% · 30.3% denied

Why it denied Maine applicants

Debt-to-income ratio 80 44%
Credit history 57 31%
Collateral 20 11%
Other 13 7%
Unverifiable information 11 6%

Where in Maine

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

CountyApplicationsOriginatedDeniedDenial rate
York County 437246125 28.6%
Cumberland County 703922 31.4%
Oxford County 422114 33.3%
Androscoggin County 1256 50.0%
Kennebec County 1036 60.0%
Franklin County 615 83.3%
Somerset County 420 0.0%
Knox County 321 33.3%
Washington County 201 50.0%
Aroostook County 210 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: 597 applications in 2025, of which 327 were originated and 181 denied.

30.3% of all applications, or 33.2% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Lighthouse Federal Credit Union originated in Maine in 2025 was 7.49%, against a statewide median of 6.88%.

About this data. Figures are Lighthouse 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