Loan Funder · Maine · 2025

Loan Funder in Maine: approval rate, denial rate and rates (2025)

Loan Funder took 24 mortgage applications in Maine in 2025, ranking #161 of 537 lenders active in the state. It originated 20.8% of them and denied 25.0% (54.6% of the applications it decided), against a statewide denial rate of 16.3%.

24Applicationsin ME
54.6%Decision denial ratestate 20.1%
10.25%Median ratestate 6.88%
$270,000Median loanstate $215,000
$2.4MVolume7 counties

Loan Funder in Maine vs the state

25.0%Denial rate+8.67 pts vs state
54.6%Decision denial rate+34.47 pts vs state
20.8%Origination rate-41.34 pts vs state
10.25%Median rate+3.38 pts vs state
Rate spread (pts)
Median applicant income
5Loans originated
6Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239422.2%11.63%#210
20242055.0%7.95%#164
202524525.0%10.25%#161

What Loan Funder lends in Maine

By loan purpose

Home purchase 13 54% · 15.4% denied
Refinance 3 13% · 0.0% denied
Cash-out refinance 8 33% · 50.0% denied

By loan type

Conventional 24 100% · 25.0% denied

Why it denied Maine applicants

Credit history 5 83%
Employment history 1 17%

Where in Maine

Counties with the most Loan Funder applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
York County 610 0.0%
Cumberland County 601 16.7%
Kennebec County 411 25.0%
Androscoggin County 413 75.0%
Somerset County 210 0.0%
Hancock County 101 100.0%
Knox 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: 24 applications in 2025, of which 5 were originated and 6 denied.

25.0% of all applications, or 54.6% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Loan Funder originated in Maine in 2025 was 10.25%, against a statewide median of 6.88%.

About this data. Figures are Loan Funder'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