Northwest Federal Credit Union · Maine · 2025

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

Northwest Federal Credit Union took 6 mortgage applications in Maine in 2025, ranking #263 of 537 lenders active in the state. It originated 66.7% of them and denied 16.7% (20.0% of the applications it decided), against a statewide denial rate of 16.3%.

6Applicationsin ME
20.0%Decision denial ratestate 20.1%
6.50%Median ratestate 6.88%
$315,000Median loanstate $215,000
$1.1MVolume6 counties

Northwest Federal Credit Union in Maine vs the state

16.7%Denial rate+0.34 pts vs state
20.0%Decision denial rate-0.08 pts vs state
66.7%Origination rate+4.50 pts vs state
6.50%Median rate-0.38 pts vs state
0.09Rate spread (pts)-0.24 pts vs state
$150kMedian applicant income
4Loans originated
1Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
20245220.0%7.75%#271
20256416.7%6.50%#263

What Northwest Federal Credit Union lends in Maine

By loan purpose

Home purchase 3 50% · 33.3% denied
Refinance 1 17% · 0.0% denied
Cash-out refinance 1 17% · 0.0% denied
Home improvement 1 17% · 0.0% denied

By loan type

Conventional 6 100% · 16.7% denied

Why it denied Maine applicants

Insufficient cash 1 100%

Where in Maine

Counties with the most Northwest Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kennebec County 110 0.0%
Cumberland County 110 0.0%
Lincoln County 110 0.0%
Aroostook County 100 0.0%
Somerset County 101 100.0%
York 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: 6 applications in 2025, of which 4 were originated and 1 denied.

16.7% of all applications, or 20.0% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Northwest Federal Credit Union originated in Maine in 2025 was 6.50%, against a statewide median of 6.88%.

About this data. Figures are Northwest 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