T2 Financial · Maine · 2025

T2 Financial in Maine: approval rate, denial rate and rates (2025)

T2 Financial took 265 mortgage applications in Maine in 2025, ranking #60 of 537 lenders active in the state. It originated 78.5% of them and denied 5.3% (5.8% of the applications it decided), against a statewide denial rate of 16.3%.

265Applicationsin ME
5.8%Decision denial ratestate 20.1%
6.63%Median ratestate 6.88%
$275,000Median loanstate $215,000
$60MVolume14 counties

T2 Financial in Maine vs the state

5.3%Denial rate-11.05 pts vs state
5.8%Decision denial rate-14.32 pts vs state
78.5%Origination rate+16.32 pts vs state
6.63%Median rate-0.25 pts vs state
0.52Rate spread (pts)+0.19 pts vs state
$97kMedian applicant income
208Loans originated
14Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325317911.9%6.99%#52
20242081634.8%7.13%#65
20252652085.3%6.63%#60

What T2 Financial lends in Maine

By loan purpose

Home purchase 222 84% · 5.0% denied
Refinance 25 9% · 0.0% denied
Cash-out refinance 14 5% · 21.4% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 3 1% · 0.0% denied

By loan type

Conventional 159 60% · 7.6% denied
FHA 85 32% · 2.4% denied
VA 21 8% · 0.0% denied

Why it denied Maine applicants

Collateral 4 29%
Debt-to-income ratio 3 21%
Insufficient cash 2 14%
Other 2 14%
Unverifiable information 2 14%
Incomplete application 1 7%

Where in Maine

Counties with the most T2 Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Androscoggin County 77663 3.9%
Kennebec County 51432 3.9%
Oxford County 35253 8.6%
Lincoln County 21132 9.5%
Cumberland County 20130 0.0%
Franklin County 18170 0.0%
Somerset County 13110 0.0%
Sagadahoc County 840 0.0%
Penobscot County 733 42.9%
Waldo County 770 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: 265 applications in 2025, of which 208 were originated and 14 denied.

5.3% of all applications, or 5.8% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans T2 Financial originated in Maine in 2025 was 6.63%, against a statewide median of 6.88%.

About this data. Figures are T2 Financial'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