The Loan Store · Maine · 2025

The Loan Store in Maine: approval rate, denial rate and rates (2025)

The Loan Store took 46 mortgage applications in Maine in 2025, ranking #128 of 537 lenders active in the state. It originated 67.4% of them and denied 8.7% (10.8% of the applications it decided), against a statewide denial rate of 16.3%.

46Applicationsin ME
10.8%Decision denial ratestate 20.1%
6.75%Median ratestate 6.88%
$375,000Median loanstate $215,000
$12MVolume9 counties

The Loan Store in Maine vs the state

8.7%Denial rate-7.63 pts vs state
10.8%Decision denial rate-9.27 pts vs state
67.4%Origination rate+5.22 pts vs state
6.75%Median rate-0.13 pts vs state
0.53Rate spread (pts)+0.20 pts vs state
$148kMedian applicant income
31Loans originated
4Denied

What The Loan Store lends in Maine

By loan purpose

Home purchase 23 50% · 0.0% denied
Refinance 2 4% · 0.0% denied
Cash-out refinance 13 28% · 0.0% denied
Home improvement 1 2% · 100.0% denied
Other / HELOC 7 15% · 42.9% denied

By loan type

Conventional 44 96% · 9.1% denied
FHA 1 2% · 0.0% denied
VA 1 2% · 0.0% denied

Why it denied Maine applicants

Incomplete application 2 50%
Debt-to-income ratio 2 50%

Where in Maine

Counties with the most The Loan Store applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cumberland County 16103 18.8%
York County 15100 0.0%
Penobscot County 521 20.0%
Androscoggin County 320 0.0%
Kennebec County 220 0.0%
Hancock County 220 0.0%
Washington County 110 0.0%
Oxford County 110 0.0%
Sagadahoc County 110 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: 46 applications in 2025, of which 31 were originated and 4 denied.

8.7% of all applications, or 10.8% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans The Loan Store originated in Maine in 2025 was 6.75%, against a statewide median of 6.88%.

About this data. Figures are The Loan Store'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