Pennymac Loan Services · Maine · 2025

Pennymac Loan Services in Maine: approval rate, denial rate and rates (2025)

Pennymac Loan Services took 654 mortgage applications in Maine in 2025, ranking #22 of 537 lenders active in the state. It originated 51.8% of them and denied 12.5% (19.0% of the applications it decided), against a statewide denial rate of 16.3%.

654Applicationsin ME
19.0%Decision denial ratestate 20.1%
6.50%Median ratestate 6.88%
$225,000Median loanstate $215,000
$96MVolume16 counties

Pennymac Loan Services in Maine vs the state

12.5%Denial rate-3.79 pts vs state
19.0%Decision denial rate-1.10 pts vs state
51.8%Origination rate-10.34 pts vs state
6.50%Median rate-0.38 pts vs state
0.39Rate spread (pts)+0.07 pts vs state
$104kMedian applicant income
339Loans originated
82Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325510514.9%6.50%#49
202440118114.5%6.25%#36
202565433912.5%6.50%#22

What Pennymac Loan Services lends in Maine

By loan purpose

Home purchase 127 19% · 10.2% denied
Refinance 165 25% · 8.5% denied
Cash-out refinance 194 30% · 14.4% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 167 26% · 16.2% denied

By loan type

Conventional 397 61% · 12.9% denied
FHA 173 26% · 12.7% denied
VA 83 13% · 10.8% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Maine applicants

Debt-to-income ratio 35 43%
Collateral 17 21%
Credit history 12 15%
Incomplete application 7 9%
Unverifiable information 4 5%
Insufficient cash 3 4%
Employment history 2 2%
Other 2 2%

Where in Maine

Counties with the most Pennymac Loan Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Penobscot County 1176517 14.5%
York County 1145115 13.2%
Cumberland County 96548 8.3%
Androscoggin County 833317 20.5%
Kennebec County 60309 15.0%
Hancock County 40291 2.5%
Lincoln County 25143 12.0%
Somerset County 24114 16.7%
Oxford County 1894 22.2%
Aroostook County 1372 15.4%

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: 654 applications in 2025, of which 339 were originated and 82 denied.

12.5% of all applications, or 19.0% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Pennymac Loan Services originated in Maine in 2025 was 6.50%, against a statewide median of 6.88%.

About this data. Figures are Pennymac Loan Services'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