PNC Bank · Maine · 2025

PNC Bank in Maine: approval rate, denial rate and rates (2025)

PNC Bank took 105 mortgage applications in Maine in 2025, ranking #90 of 537 lenders active in the state. It originated 40.0% of them and denied 34.3% (45.6% of the applications it decided), against a statewide denial rate of 16.3%.

105Applicationsin ME
45.6%Decision denial ratestate 20.1%
6.63%Median ratestate 6.88%
$105,000Median loanstate $215,000
$12MVolume15 counties

PNC Bank in Maine vs the state

34.3%Denial rate+17.96 pts vs state
45.6%Decision denial rate+25.49 pts vs state
40.0%Origination rate-22.17 pts vs state
6.63%Median rate-0.25 pts vs state
-0.23Rate spread (pts)-0.55 pts vs state
$120kMedian applicant income
42Loans originated
36Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231115724.3%8.82%#84
20241316128.2%7.00%#77
20251054234.3%6.63%#90

What PNC Bank lends in Maine

By loan purpose

Home purchase 22 21% · 45.5% denied
Refinance 11 10% · 27.3% denied
Cash-out refinance 4 4% · 25.0% denied
Home improvement 48 46% · 31.3% denied
Other / HELOC 20 19% · 35.0% denied

By loan type

Conventional 102 97% · 34.3% denied
FHA 1 1% · 100.0% denied
VA 2 2% · 0.0% denied

Why it denied Maine applicants

Debt-to-income ratio 20 56%
Credit history 8 22%
Collateral 3 8%
Incomplete application 3 8%
Other 2 6%

Where in Maine

Counties with the most PNC Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cumberland County 2999 31.0%
York County 291114 48.3%
Penobscot County 1152 18.2%
Kennebec County 843 37.5%
Waldo County 513 60.0%
Hancock County 420 0.0%
Androscoggin County 431 25.0%
Lincoln County 320 0.0%
Oxford County 211 50.0%
Piscataquis County 201 50.0%

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: 105 applications in 2025, of which 42 were originated and 36 denied.

34.3% of all applications, or 45.6% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans PNC Bank originated in Maine in 2025 was 6.63%, against a statewide median of 6.88%.

About this data. Figures are PNC 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