Megastar Financial · Maine · 2025

Megastar Financial in Maine: approval rate, denial rate and rates (2025)

Megastar Financial took 98 mortgage applications in Maine in 2025, ranking #92 of 537 lenders active in the state. It originated 67.4% of them and denied 6.1% (8.3% of the applications it decided), against a statewide denial rate of 16.3%.

98Applicationsin ME
8.3%Decision denial ratestate 20.1%
6.38%Median ratestate 6.88%
$285,000Median loanstate $215,000
$20MVolume16 counties

Megastar Financial in Maine vs the state

6.1%Denial rate-10.21 pts vs state
8.3%Decision denial rate-11.75 pts vs state
67.4%Origination rate+5.18 pts vs state
6.38%Median rate-0.50 pts vs state
0.25Rate spread (pts)-0.07 pts vs state
$85kMedian applicant income
66Loans originated
6Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202356457.1%6.88%#106
202461398.2%6.75%#102
202598666.1%6.38%#92

What Megastar Financial lends in Maine

By loan purpose

Home purchase 77 79% · 7.8% denied
Refinance 9 9% · 0.0% denied
Cash-out refinance 12 12% · 0.0% denied

By loan type

Conventional 54 55% · 1.9% denied
FHA 33 34% · 9.1% denied
VA 10 10% · 20.0% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied Maine applicants

Credit history 3 50%
Other 1 17%
Mortgage insurance denied 1 17%
Debt-to-income ratio 1 17%

Where in Maine

Counties with the most Megastar Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Androscoggin County 26133 11.5%
York County 19140 0.0%
Cumberland County 1390 0.0%
Kennebec County 971 11.1%
Penobscot County 761 14.3%
Oxford County 750 0.0%
Franklin County 330 0.0%
Lincoln County 330 0.0%
Sagadahoc County 210 0.0%
Somerset County 110 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: 98 applications in 2025, of which 66 were originated and 6 denied.

6.1% of all applications, or 8.3% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Megastar Financial originated in Maine in 2025 was 6.38%, against a statewide median of 6.88%.

About this data. Figures are Megastar Financial'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