Maine State Credit Union · Maine · 2025

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

Maine State Credit Union took 645 mortgage applications in Maine in 2025, ranking #24 of 537 lenders active in the state. It originated 69.2% of them and denied 22.0% (23.9% of the applications it decided), against a statewide denial rate of 16.3%.

645Applicationsin ME
23.9%Decision denial ratestate 20.1%
Median ratestate 6.88%
$125,000Median loanstate $215,000
$86MVolume14 counties

Maine State Credit Union in Maine vs the state

22.0%Denial rate+5.69 pts vs state
23.9%Decision denial rate+3.83 pts vs state
69.2%Origination rate+6.98 pts vs state
Median rate
Rate spread (pts)
$102kMedian applicant income
446Loans originated
142Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231186714.4%#82
202445331118.5%#30
202564544622.0%#24

What Maine State Credit Union lends in Maine

By loan purpose

Home purchase 211 33% · 6.6% denied
Refinance 111 17% · 24.3% denied
Home improvement 181 28% · 30.4% denied
Other / HELOC 142 22% · 32.4% denied

By loan type

Conventional 645 100% · 22.0% denied

Where in Maine

Counties with the most Maine State Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kennebec County 31423259 18.8%
Cumberland County 594210 16.9%
Knox County 593417 28.8%
Somerset County 41299 22.0%
Waldo County 362111 30.6%
Lincoln County 331912 36.4%
Androscoggin County 24177 29.2%
Sagadahoc County 19133 15.8%
York County 17143 17.6%
Penobscot County 1787 41.2%

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: 645 applications in 2025, of which 446 were originated and 142 denied.

22.0% of all applications, or 23.9% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Maine State 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