Norwich Commercial Group · Maine · 2025

Norwich Commercial Group in Maine: approval rate, denial rate and rates (2025)

Norwich Commercial Group took 8 mortgage applications in Maine in 2025, ranking #233 of 537 lenders active in the state. It originated 25.0% of them and denied 37.5% (60.0% of the applications it decided), against a statewide denial rate of 16.3%.

8Applicationsin ME
60.0%Decision denial ratestate 20.1%
6.44%Median ratestate 6.88%
$335,000Median loanstate $215,000
$890kVolume5 counties

Norwich Commercial Group in Maine vs the state

37.5%Denial rate+21.17 pts vs state
60.0%Decision denial rate+39.92 pts vs state
25.0%Origination rate-37.17 pts vs state
6.44%Median rate-0.44 pts vs state
-0.23Rate spread (pts)-0.55 pts vs state
$142kMedian applicant income
2Loans originated
3Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231341146.0%6.88%#80
202453369.4%6.81%#111
20258237.5%6.44%#233

What Norwich Commercial Group lends in Maine

By loan purpose

Home purchase 5 63% · 60.0% denied
Refinance 3 38% · 0.0% denied

By loan type

Conventional 3 38% · 66.7% denied
FHA 1 13% · 100.0% denied
VA 4 50% · 0.0% denied

Why it denied Maine applicants

Incomplete application 1 33%
Credit history 1 33%
Collateral 1 33%

Where in Maine

Counties with the most Norwich Commercial Group applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cumberland County 312 66.7%
Knox County 211 50.0%
York County 100 0.0%
Penobscot County 100 0.0%
Aroostook County 100 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: 8 applications in 2025, of which 2 were originated and 3 denied.

37.5% of all applications, or 60.0% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Norwich Commercial Group originated in Maine in 2025 was 6.44%, against a statewide median of 6.88%.

About this data. Figures are Norwich Commercial Group'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