U.S. Bank · Maine · 2025

U.S. Bank in Maine: approval rate, denial rate and rates (2025)

U.S. Bank took 334 mortgage applications in Maine in 2025, ranking #45 of 537 lenders active in the state. It originated 59.0% of them and denied 21.0% (25.7% of the applications it decided), against a statewide denial rate of 16.3%.

334Applicationsin ME
25.7%Decision denial ratestate 20.1%
6.63%Median ratestate 6.88%
$325,000Median loanstate $215,000
$99MVolume16 counties

U.S. Bank in Maine vs the state

21.0%Denial rate+4.63 pts vs state
25.7%Decision denial rate+5.66 pts vs state
59.0%Origination rate-3.19 pts vs state
6.63%Median rate-0.25 pts vs state
0.10Rate spread (pts)-0.23 pts vs state
$178kMedian applicant income
197Loans originated
70Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231797644.1%7.19%#65
202434920120.3%6.75%#45
202533419721.0%6.63%#45

What U.S. Bank lends in Maine

By loan purpose

Home purchase 187 56% · 5.9% denied
Refinance 39 12% · 7.7% denied
Cash-out refinance 11 3% · 27.3% denied
Home improvement 45 13% · 53.3% denied
Other / HELOC 52 16% · 55.8% denied

By loan type

Conventional 326 98% · 21.2% denied
FHA 2 1% · 0.0% denied
VA 6 2% · 16.7% denied

Why it denied Maine applicants

Collateral 33 47%
Debt-to-income ratio 22 31%
Credit history 13 19%
Other 1 1%
Unverifiable information 1 1%

Where in Maine

Counties with the most U.S. Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cumberland County 15410918 11.7%
York County 482712 25.0%
Penobscot County 26118 30.8%
Kennebec County 1585 33.3%
Knox County 1573 20.0%
Hancock County 1264 33.3%
Oxford County 1254 33.3%
Androscoggin County 1144 36.4%
Lincoln County 1062 20.0%
Waldo County 953 33.3%

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: 334 applications in 2025, of which 197 were originated and 70 denied.

21.0% of all applications, or 25.7% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans U.S. Bank originated in Maine in 2025 was 6.63%, against a statewide median of 6.88%.

About this data. Figures are U.S. 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