The Federal Savings Bank · Maine · 2025

The Federal Savings Bank in Maine: approval rate, denial rate and rates (2025)

The Federal Savings Bank took 119 mortgage applications in Maine in 2025, ranking #82 of 537 lenders active in the state. It originated 33.6% of them and denied 12.6% (27.3% of the applications it decided), against a statewide denial rate of 16.3%.

119Applicationsin ME
27.3%Decision denial ratestate 20.1%
6.38%Median ratestate 6.88%
$275,000Median loanstate $215,000
$12MVolume15 counties

The Federal Savings Bank in Maine vs the state

12.6%Denial rate-3.72 pts vs state
27.3%Decision denial rate+7.19 pts vs state
33.6%Origination rate-28.56 pts vs state
6.38%Median rate-0.50 pts vs state
0.14Rate spread (pts)-0.19 pts vs state
$82kMedian applicant income
40Loans originated
15Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023114367.9%6.38%#83
2024110426.4%6.25%#82
20251194012.6%6.38%#82

What The Federal Savings Bank lends in Maine

By loan purpose

Home purchase 8 7% · 25.0% denied
Refinance 14 12% · 14.3% denied
Cash-out refinance 91 76% · 12.1% denied
Home improvement 4 3% · 0.0% denied
Other / HELOC 2 2% · 0.0% denied

By loan type

Conventional 14 12% · 14.3% denied
FHA 12 10% · 16.7% denied
VA 93 78% · 11.8% denied

Why it denied Maine applicants

Collateral 6 40%
Incomplete application 5 33%
Other 2 13%
Debt-to-income ratio 2 13%

Where in Maine

Counties with the most The Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
York County 1962 10.5%
Kennebec County 1431 7.1%
Penobscot County 1472 14.3%
Cumberland County 1332 15.4%
Androscoggin County 1361 7.7%
Knox County 721 14.3%
Piscataquis County 612 33.3%
Hancock County 620 0.0%
Aroostook County 511 20.0%
Somerset County 530 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: 119 applications in 2025, of which 40 were originated and 15 denied.

12.6% of all applications, or 27.3% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans The Federal Savings Bank originated in Maine in 2025 was 6.38%, against a statewide median of 6.88%.

About this data. Figures are The Federal Savings 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