Maine Highlands Federal Credit Union · Maine · 2025

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

Maine Highlands Federal Credit Union took 85 mortgage applications in Maine in 2025, ranking #98 of 537 lenders active in the state. It originated 95.3% of them and denied 3.5% (3.6% of the applications it decided), against a statewide denial rate of 16.3%.

85Applicationsin ME
3.6%Decision denial ratestate 20.1%
6.75%Median ratestate 6.88%
$155,000Median loanstate $215,000
$15MVolume8 counties

Maine Highlands Federal Credit Union in Maine vs the state

3.5%Denial rate-12.80 pts vs state
3.6%Decision denial rate-16.51 pts vs state
95.3%Origination rate+33.12 pts vs state
6.75%Median rate-0.13 pts vs state
0.80Rate spread (pts)+0.47 pts vs state
$70kMedian applicant income
81Loans originated
3Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202345418.9%8.13%#116
2024463813.0%7.63%#120
202585813.5%6.75%#98

What Maine Highlands Federal Credit Union lends in Maine

By loan purpose

Home purchase 54 64% · 3.7% denied
Refinance 7 8% · 0.0% denied
Cash-out refinance 16 19% · 0.0% denied
Home improvement 6 7% · 16.7% denied
Other / HELOC 2 2% · 0.0% denied

By loan type

Conventional 85 100% · 3.5% denied

Why it denied Maine applicants

Collateral 2 67%
Debt-to-income ratio 1 33%

Where in Maine

Counties with the most Maine Highlands Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Piscataquis County 41392 4.9%
Penobscot County 30291 3.3%
Somerset County 880 0.0%
Androscoggin County 110 0.0%
Waldo County 110 0.0%
Hancock County 110 0.0%
Aroostook County 110 0.0%
Knox County 100 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: 85 applications in 2025, of which 81 were originated and 3 denied.

3.5% of all applications, or 3.6% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Maine Highlands Federal Credit Union originated in Maine in 2025 was 6.75%, against a statewide median of 6.88%.

About this data. Figures are Maine Highlands 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