Manufacturers and Traders Trust · Maine · 2025

Manufacturers and Traders Trust in Maine: approval rate, denial rate and rates (2025)

Manufacturers and Traders Trust took 250 mortgage applications in Maine in 2025, ranking #62 of 537 lenders active in the state. It originated 60.4% of them and denied 28.4% (31.0% of the applications it decided), against a statewide denial rate of 16.3%.

250Applicationsin ME
31.0%Decision denial ratestate 20.1%
5.99%Median ratestate 6.88%
$195,000Median loanstate $215,000
$40MVolume16 counties

Manufacturers and Traders Trust in Maine vs the state

28.4%Denial rate+12.07 pts vs state
31.0%Decision denial rate+10.92 pts vs state
60.4%Origination rate-1.77 pts vs state
5.99%Median rate-0.88 pts vs state
-1.19Rate spread (pts)-1.52 pts vs state
$110kMedian applicant income
151Loans originated
71Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325713835.8%7.82%#48
202425014328.4%7.89%#56
202525015128.4%5.99%#62

What Manufacturers and Traders Trust lends in Maine

By loan purpose

Home purchase 44 18% · 9.1% denied
Refinance 41 16% · 26.8% denied
Cash-out refinance 14 6% · 7.1% denied
Home improvement 108 43% · 33.3% denied
Other / HELOC 43 17% · 44.2% denied

By loan type

Conventional 243 97% · 28.4% denied
FHA 4 2% · 25.0% denied
VA 3 1% · 33.3% denied

Why it denied Maine applicants

Debt-to-income ratio 30 42%
Credit history 17 24%
Collateral 14 20%
Other 10 14%

Where in Maine

Counties with the most Manufacturers and Traders Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
York County 1187430 25.4%
Cumberland County 704621 30.0%
Sagadahoc County 1051 10.0%
Oxford County 953 33.3%
Kennebec County 852 25.0%
Penobscot County 724 57.1%
Waldo County 642 33.3%
Androscoggin County 522 40.0%
Knox County 421 25.0%
Aroostook County 312 66.7%

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: 250 applications in 2025, of which 151 were originated and 71 denied.

28.4% of all applications, or 31.0% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Manufacturers and Traders Trust originated in Maine in 2025 was 5.99%, against a statewide median of 6.88%.

About this data. Figures are Manufacturers and Traders Trust'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