Largest lenders in Aroostook County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | The County Federal Credit Union | D | 281 | 149 | 32.7% | — |
| 2 | Machias Savings Bank | D | 262 | 166 | 22.9% | 7.00% |
| 3 | Katahdin Trust | C | 127 | 91 | 18.1% | — |
| 4 | Rocket Mortgage | C | 121 | 76 | 33.1% | 6.88% |
| 5 | Acadia Federal Credit Union | A | 95 | 92 | 1.1% | — |
| 6 | Mortgage Research Center | C | 82 | 41 | 19.5% | 6.75% |
| 7 | Bangor Savings Bank | B | 81 | 52 | 17.3% | 6.87% |
| 8 | Newrez | D | 61 | 33 | 16.4% | 6.38% |
| 9 | KeyBank | C | 56 | 33 | 23.2% | 8.69% |
| 10 | United Shore Financial Services | B | 55 | 39 | 12.7% | 6.25% |
| 11 | TD Bank | D | 44 | 25 | 22.7% | 7.54% |
| 12 | AmeriSave Mortgage | D | 43 | 8 | 69.8% | 9.06% |
| 13 | Kind Lending | C | 37 | 31 | 13.5% | 6.63% |
| 14 | Broker Solutions | D | 37 | 6 | 16.2% | 7.19% |
| 15 | Freedom Mortgage | B | 33 | 11 | 3.0% | 5.75% |
| 16 | Navy Federal Credit Union | D | 31 | 16 | 19.4% | 6.06% |
| 17 | New Day Financial | F | 28 | 10 | 21.4% | 6.99% |
| 18 | Loandepot.Com | D | 28 | 10 | 46.4% | 6.38% |
| 19 | Coastal Community Bank | C | 17 | 2 | 0.0% | 14.12% |
| 20 | USAA Federal Savings Bank | C | 16 | 5 | 37.5% | 6.13% |
| 21 | Spring Eq | D | 16 | 0 | 50.0% | — |
| 22 | Pennymac Loan Services | C | 13 | 7 | 15.4% | 6.50% |
| 23 | Guild Mortgage | A | 13 | 11 | 0.0% | 6.75% |
| 24 | Figure Lending | C | 13 | 5 | 46.2% | 10.20% |
| 25 | Cuso Mortgage | C | 12 | 7 | 41.7% | 5.95% |
Best approval odds in Aroostook County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Acadia Federal Credit Union | 93 | 1.1% |
| 2 | Katahdin Trust | 115 | 20.0% |
| 3 | Bangor Savings Bank | 66 | 21.2% |
| 4 | Machias Savings Bank | 236 | 25.4% |
| 5 | Mortgage Research Center | 57 | 28.1% |
| 6 | Rocket Mortgage | 118 | 33.9% |
| 7 | The County Federal Credit Union | 261 | 35.3% |
What Aroostook County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Aroostook County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 1,746 | 1,063 | 19.4% | 7.00% | $95,000 |
| 2024 | 1,841 | 1,077 | 22.8% | 6.88% | $115,000 |
| 2025 | 1,940 | 1,101 | 23.0% | 6.75% | $125,000 |
Frequently asked questions
23.0% of applications in Aroostook County were denied in 2025, against 16.3% statewide in Maine.
The County Federal Credit Union, with 281 applications in 2025 and a denial rate of 32.7%.
The median mortgage application in Aroostook County in 2025 was for $125,000; the median property value on originated loans was $205,000.