RCN Capital · Maine · 2025

RCN Capital in Maine: approval rate, denial rate and rates (2025)

RCN Capital took 18 mortgage applications in Maine in 2025, ranking #178 of 537 lenders active in the state. It originated 27.8% of them and denied 66.7% (70.6% of the applications it decided), against a statewide denial rate of 16.3%.

18Applicationsin ME
70.6%Decision denial ratestate 20.1%
11.09%Median ratestate 6.88%
$250,000Median loanstate $215,000
$1.1MVolume0 counties

RCN Capital in Maine vs the state

66.7%Denial rate+50.34 pts vs state
70.6%Decision denial rate+50.51 pts vs state
27.8%Origination rate-34.39 pts vs state
11.09%Median rate+4.22 pts vs state
Rate spread (pts)
Median applicant income
5Loans originated
12Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202310260.0%10.04%#198
20241129.1%11.54%#197
202518566.7%11.09%#178

What RCN Capital lends in Maine

By loan purpose

Home purchase 8 44% · 75.0% denied
Refinance 2 11% · 0.0% denied
Home improvement 3 17% · 100.0% denied
Other / HELOC 5 28% · 60.0% denied

By loan type

Conventional 18 100% · 66.7% denied

Why it denied Maine applicants

Other 6 50%
Collateral 4 33%
Insufficient cash 1 8%
Credit history 1 8%

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: 18 applications in 2025, of which 5 were originated and 12 denied.

66.7% of all applications, or 70.6% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans RCN Capital originated in Maine in 2025 was 11.09%, against a statewide median of 6.88%.

About this data. Figures are RCN Capital'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