Norway Savings Bank in Maine vs the state
15.4%Denial rate-0.92 pts vs state
18.7%Decision denial rate-1.36 pts vs state
66.6%Origination rate+4.42 pts vs state
7.25%Median rate+0.38 pts vs state
0.01Rate spread (pts)-0.32 pts vs state
$130kMedian applicant income
618Loans originated
143Denied
Trend in Maine
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 850 | 517 | 19.9% | 7.75% | #12 |
| 2024 | 948 | 602 | 17.6% | 7.75% | #10 |
| 2025 | 928 | 618 | 15.4% | 7.25% | #12 |
What Norway Savings Bank lends in Maine
By loan purpose
By loan type
Why it denied Maine applicants
Where in Maine
Counties with the most Norway Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Cumberland County | 387 | 266 | 54 | 14.0% |
| Oxford County | 257 | 173 | 45 | 17.5% |
| York County | 96 | 58 | 14 | 14.6% |
| Androscoggin County | 87 | 64 | 11 | 12.6% |
| Kennebec County | 31 | 10 | 12 | 38.7% |
| Sagadahoc County | 30 | 20 | 2 | 6.7% |
| Franklin County | 13 | 8 | 1 | 7.7% |
| Somerset County | 6 | 5 | 0 | 0.0% |
| Knox County | 5 | 3 | 1 | 20.0% |
| Lincoln County | 4 | 2 | 1 | 25.0% |
Other large lenders in Maine
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Bangor Savings Bank | B | 4,518 | 17.2% | 7.25% |
| United Shore Financial Services | B | 2,675 | 9.1% | 6.50% |
| Rocket Mortgage | C | 2,628 | 22.9% | 6.75% |
| The Camden National Bank | A | 2,559 | 13.2% | 6.99% |
| CMG Mortgage | A | 2,251 | 4.2% | 6.63% |
| Guild Mortgage | A | 1,838 | 5.3% | 6.63% |
| Kennebec Savings Bank | B | 1,493 | 9.6% | 7.00% |
| TD Bank | D | 1,244 | 20.2% | 7.35% |
| Mortgage Research Center | C | 1,104 | 17.6% | 6.25% |
| Evergreen Credit Union | D | 976 | 30.6% | 6.50% |
Frequently asked questions
Maine: 928 applications in 2025, of which 618 were originated and 143 denied.
15.4% of all applications, or 18.7% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.
The median rate on loans Norway Savings Bank originated in Maine in 2025 was 7.25%, against a statewide median of 6.88%.
About this data. Figures are Norway Savings Bank'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