University Credit Union · Maine · 2025

University Credit Union in Maine: approval rate, denial rate and rates (2025)

University Credit Union took 301 mortgage applications in Maine in 2025, ranking #50 of 537 lenders active in the state. It originated 64.5% of them and denied 11.6% (15.1% of the applications it decided), against a statewide denial rate of 16.3%.

301Applicationsin ME
15.1%Decision denial ratestate 20.1%
6.88%Median ratestate 6.88%
$125,000Median loanstate $215,000
$31MVolume16 counties

University Credit Union in Maine vs the state

11.6%Denial rate-4.70 pts vs state
15.1%Decision denial rate-4.99 pts vs state
64.5%Origination rate+2.28 pts vs state
6.88%Median rate0.00 pts vs state
0.63Rate spread (pts)+0.31 pts vs state
$100kMedian applicant income
194Loans originated
35Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202338724011.6%7.13%#34
202434919711.8%7.50%#44
202530119411.6%6.88%#50

What University Credit Union lends in Maine

By loan purpose

Home purchase 103 34% · 9.7% denied
Refinance 105 35% · 1.9% denied
Cash-out refinance 70 23% · 31.4% denied
Home improvement 23 8% · 4.4% denied

By loan type

Conventional 293 97% · 11.3% denied
USDA / RHS 8 3% · 25.0% denied

Why it denied Maine applicants

Credit history 13 37%
Debt-to-income ratio 11 31%
Employment history 4 11%
Insufficient cash 3 9%
Unverifiable information 2 6%
Collateral 2 6%

Where in Maine

Counties with the most University Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Penobscot County 103739 8.7%
Cumberland County 58405 8.6%
Franklin County 27154 14.8%
York County 21144 19.0%
Kennebec County 20110 0.0%
Waldo County 1492 14.3%
Hancock County 1390 0.0%
Aroostook County 1244 33.3%
Androscoggin County 633 50.0%
Lincoln County 660 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: 301 applications in 2025, of which 194 were originated and 35 denied.

11.6% of all applications, or 15.1% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans University Credit Union originated in Maine in 2025 was 6.88%, against a statewide median of 6.88%.

About this data. Figures are University Credit Union'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