PHH Mortgage · Maine · 2025

PHH Mortgage in Maine: approval rate, denial rate and rates (2025)

PHH Mortgage took 82 mortgage applications in Maine in 2025, ranking #101 of 537 lenders active in the state. It originated 35.4% of them and denied 9.8% (21.1% of the applications it decided), against a statewide denial rate of 16.3%.

82Applicationsin ME
21.1%Decision denial ratestate 20.1%
6.49%Median ratestate 6.88%
$275,000Median loanstate $215,000
$8.7MVolume12 counties

PHH Mortgage in Maine vs the state

9.8%Denial rate-6.57 pts vs state
21.1%Decision denial rate+0.97 pts vs state
35.4%Origination rate-26.80 pts vs state
6.49%Median rate-0.38 pts vs state
0.34Rate spread (pts)+0.02 pts vs state
$84kMedian applicant income
29Loans originated
8Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202329537.9%6.69%#139
2024772719.5%6.88%#93
202582299.8%6.49%#101

What PHH Mortgage lends in Maine

By loan purpose

Home purchase 3 4% · 0.0% denied
Refinance 40 49% · 7.5% denied
Cash-out refinance 39 48% · 12.8% denied

By loan type

Conventional 47 57% · 10.6% denied
FHA 28 34% · 10.7% denied
VA 7 9% · 0.0% denied

Why it denied Maine applicants

Debt-to-income ratio 3 38%
Insufficient cash 2 25%
Collateral 2 25%
Credit history 1 13%

Where in Maine

Counties with the most PHH Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
York County 23112 8.7%
Cumberland County 2190 0.0%
Androscoggin County 1031 10.0%
Kennebec County 712 28.6%
Waldo County 401 25.0%
Oxford County 401 25.0%
Penobscot County 421 25.0%
Somerset County 210 0.0%
Washington County 200 0.0%
Hancock County 210 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: 82 applications in 2025, of which 29 were originated and 8 denied.

9.8% of all applications, or 21.1% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans PHH Mortgage originated in Maine in 2025 was 6.49%, against a statewide median of 6.88%.

About this data. Figures are PHH Mortgage'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