Maine State Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
13th23.9% deniedProcesswithdrawn + incomplete share, weight 15%
68th7.9%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 119 | 67 | 15.1% | 16.2% | — | $14M |
| 2024 | 454 | 311 | 18.7% | 19.5% | — | $61M |
| 2025 | 645 | 446 | 22.0% | 23.9% | — | $86M |
What Maine State Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 29 manufactured homes, 51 investment properties.
Who gets approved at Maine State Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 57 | 18 | 67.3% |
| $50k – $100k | 228 | 143 | 29.3% |
| $100k – $150k | 155 | 115 | 18.8% |
| $150k – $250k | 120 | 96 | 14.9% |
| Over $250k | 35 | 27 | 3.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 21 | 15 | 15.8% |
| 25–34 | 105 | 69 | 25.5% |
| 35–44 | 157 | 103 | 25.2% |
| 45–54 | 110 | 75 | 26.0% |
| 55–64 | 126 | 88 | 25.8% |
| 65–74 | 65 | 43 | 28.3% |
| Over 74 | 25 | 20 | 20.0% |
Where Maine State Credit Union lends
1 states and 14 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Maine | 645 | 446 | 22.0% | — | #24 |
Frequently asked questions
Maine State Credit Union denied 23.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 13th percentile of small mortgage lenders.
In 2025, 33% of its applications were for home purchases, 17% for refinancing (including cash-out), and 50% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.