Lower in Maine vs the state
21.9%Denial rate+5.55 pts vs state
45.2%Decision denial rate+25.08 pts vs state
26.6%Origination rate-35.61 pts vs state
6.13%Median rate-0.75 pts vs state
0.30Rate spread (pts)-0.02 pts vs state
$76kMedian applicant income
17Loans originated
14Denied
Trend in Maine
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5 | 1 | 60.0% | 7.13% | #255 |
| 2024 | 35 | 14 | 11.4% | 6.19% | #132 |
| 2025 | 64 | 17 | 21.9% | 6.13% | #115 |
What Lower lends in Maine
By loan purpose
By loan type
Why it denied Maine applicants
Where in Maine
Counties with the most Lower applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Androscoggin County | 13 | 4 | 2 | 15.4% |
| Penobscot County | 11 | 2 | 4 | 36.4% |
| Kennebec County | 9 | 0 | 2 | 22.2% |
| Cumberland County | 6 | 0 | 0 | 0.0% |
| York County | 6 | 3 | 0 | 0.0% |
| Oxford County | 4 | 1 | 2 | 50.0% |
| Waldo County | 3 | 3 | 0 | 0.0% |
| Lincoln County | 3 | 1 | 1 | 33.3% |
| Hancock County | 2 | 0 | 1 | 50.0% |
| Somerset County | 2 | 1 | 0 | 0.0% |
Other large lenders in Maine
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Bangor Savings Bank | B | 4,518 | 17.2% | 7.25% |
| United Shore Financial Services | B | 2,675 | 9.1% | 6.50% |
| Rocket Mortgage | C | 2,628 | 22.9% | 6.75% |
| The Camden National Bank | A | 2,559 | 13.2% | 6.99% |
| CMG Mortgage | A | 2,251 | 4.2% | 6.63% |
| Guild Mortgage | A | 1,838 | 5.3% | 6.63% |
| Kennebec Savings Bank | B | 1,493 | 9.6% | 7.00% |
| TD Bank | D | 1,244 | 20.2% | 7.35% |
| Mortgage Research Center | C | 1,104 | 17.6% | 6.25% |
| Evergreen Credit Union | D | 976 | 30.6% | 6.50% |
Frequently asked questions
Maine: 64 applications in 2025, of which 17 were originated and 14 denied.
21.9% of all applications, or 45.2% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.
The median rate on loans Lower originated in Maine in 2025 was 6.13%, against a statewide median of 6.88%.
About this data. Figures are Lower'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