Waterstone Mortgage · Maine · 2025

Waterstone Mortgage in Maine: approval rate, denial rate and rates (2025)

Waterstone Mortgage took 20 mortgage applications in Maine in 2025, ranking #175 of 537 lenders active in the state. It originated 60.0% of them and denied 5.0% (7.7% of the applications it decided), against a statewide denial rate of 16.3%.

20Applicationsin ME
7.7%Decision denial ratestate 20.1%
6.99%Median ratestate 6.88%
$305,000Median loanstate $215,000
$4.3MVolume5 counties

Waterstone Mortgage in Maine vs the state

5.0%Denial rate-11.33 pts vs state
7.7%Decision denial rate-12.39 pts vs state
60.0%Origination rate-2.17 pts vs state
6.99%Median rate+0.12 pts vs state
0.70Rate spread (pts)+0.37 pts vs state
$97kMedian applicant income
12Loans originated
1Denied

Trend in Maine

YearApplicationsOriginatedDenial rateMedian rateRank in state
202318115.6%6.88%#162
202420140.0%7.19%#165
202520125.0%6.99%#175

What Waterstone Mortgage lends in Maine

By loan purpose

Home purchase 16 80% · 6.3% denied
Refinance 3 15% · 0.0% denied
Cash-out refinance 1 5% · 0.0% denied

By loan type

Conventional 15 75% · 0.0% denied
FHA 3 15% · 33.3% denied
VA 2 10% · 0.0% denied

Why it denied Maine applicants

Debt-to-income ratio 1 100%

Where in Maine

Counties with the most Waterstone Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
York County 1381 7.7%
Cumberland County 320 0.0%
Penobscot County 200 0.0%
Kennebec County 110 0.0%
Oxford 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: 20 applications in 2025, of which 12 were originated and 1 denied.

5.0% of all applications, or 7.7% of the applications it actually decided on. The Maine statewide average across all lenders was 16.3%.

The median rate on loans Waterstone Mortgage originated in Maine in 2025 was 6.99%, against a statewide median of 6.88%.

About this data. Figures are Waterstone Mortgage'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