Primary Residential Mortgage · Maine · 2025

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

Primary Residential Mortgage took 98 mortgage applications in Maine in 2025, ranking #91 of 537 lenders active in the state. It originated 68.4% of them and denied 8.2% (10.7% of the applications it decided), against a statewide denial rate of 16.3%.

98Applicationsin ME
10.7%Decision denial ratestate 20.1%
6.88%Median ratestate 6.88%
$270,000Median loanstate $215,000
$20MVolume13 counties

Primary Residential Mortgage in Maine vs the state

8.2%Denial rate-8.17 pts vs state
10.7%Decision denial rate-9.41 pts vs state
68.4%Origination rate+6.20 pts vs state
6.88%Median rate0.00 pts vs state
0.72Rate spread (pts)+0.39 pts vs state
$92kMedian applicant income
67Loans originated
8Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202339262.6%7.43%#120
2024583213.8%7.06%#105
202598678.2%6.88%#91

What Primary Residential Mortgage lends in Maine

By loan purpose

Home purchase 73 74% · 5.5% denied
Refinance 10 10% · 10.0% denied
Cash-out refinance 15 15% · 20.0% denied

By loan type

Conventional 64 65% · 7.8% denied
FHA 22 22% · 9.1% denied
VA 9 9% · 0.0% denied
USDA / RHS 3 3% · 33.3% denied

Why it denied Maine applicants

Debt-to-income ratio 4 50%
Credit history 2 25%
Collateral 1 13%
Insufficient cash 1 13%

Where in Maine

Counties with the most Primary Residential Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cumberland County 35252 5.7%
York County 13111 7.7%
Kennebec County 951 11.1%
Oxford County 961 11.1%
Penobscot County 870 0.0%
Androscoggin County 731 14.3%
Somerset County 540 0.0%
Hancock County 521 20.0%
Waldo County 210 0.0%
Knox County 211 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: 98 applications in 2025, of which 67 were originated and 8 denied.

8.2% of all applications, or 10.7% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

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

About this data. Figures are Primary Residential 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