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Cumberland County, Maine · 2025

Mortgage lenders in Cumberland County, ME: denial rates and top lenders (2025)

341 lenders acted on 12,764 mortgage applications for properties in Cumberland County in 2025. 14.1% were denied (Maine: 16.3%). Median rate on closed loans 6.75%; median loan $285,000; median property value $575,000.

13kApplications
14.1%Denial ratestate 16.3%
6.75%Median ratestate 6.88%
$285,000Median loan
$575,000Median property value

Largest lenders in Cumberland County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Bangor Savings Bank B 1,163838 15.7%7.00%
2 United Shore Financial Services B 722583 7.2%6.60%
3 Town & Country Federal Credit Union C 566394 16.6%7.25%
4 Evergreen Credit Union D 550409 15.8%6.50%
5 Guild Mortgage A 515368 4.7%6.63%
6 CMG Mortgage A 462300 4.1%6.63%
7 TD Bank D 460277 16.1%7.34%
8 Rocket Mortgage C 424305 17.0%6.75%
9 The Camden National Bank A 399300 4.3%6.74%
10 Norway Savings Bank B 387266 14.0%7.25%
11 Maine Community Bank C 350244 16.0%—
12 Bank of America F 285110 26.3%5.99%
13 Broker Solutions D 258167 5.0%6.63%
14 Empeople Credit Union C 246144 29.7%6.49%
15 Cumberland County C 241179 11.2%6.65%
16 Androscoggin Savings Bank A 226185 2.7%6.63%
17 Crosscountry Mortgage B 213158 4.2%6.63%
18 Newrez D 18641 21.0%6.63%
19 Guaranteed Rate B 15684 4.5%6.61%
20 U.S. Bank D 154109 11.7%6.49%
21 Atlantic Regional Federal Credit Union D 15477 16.9%7.99%
22 Bath Savings Institution C 14391 10.5%7.00%
23 Truchoice Federal Credit Union C 135110 3.0%7.50%
24 Loandepot.Com D 12774 19.7%7.00%
25 Total Mortgage Services B 12687 1.6%6.99%

Best approval odds in Cumberland County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Northpoint Mortgage931.1%
2Total Mortgage Services902.2%
3Paramount Residential Mortgage Group673.0%
4Androscoggin Savings Bank1923.1%
5Truchoice Federal Credit Union1153.5%
6Coastal Community Bank634.8%
7The Camden National Bank3235.3%
8Crosscountry Mortgage1685.4%
9CMG Mortgage3415.6%
10Guild Mortgage4105.9%

What Cumberland County borrowers applied for

By loan purpose

Home purchase 5,076 40% · 7.2% denied
Refinance 1,974 15% · 13.6% denied
Cash-out refinance 2,075 16% · 19.5% denied
Home improvement 2,010 16% · 18.4% denied
Other / HELOC 1,629 13% · 24.1% denied

By loan type

Conventional 11,493 90% · 13.8% denied
FHA 793 6% · 18.8% denied
VA 463 4% · 14.3% denied
USDA / RHS 15 0% · 26.7% denied

Why applications were denied

Debt-to-income ratio 688 40%
Credit history 307 18%
Collateral 248 15%
Incomplete application 217 13%
Other 144 8%
Unverifiable information 59 3%
Insufficient cash 22 1%
Employment history 14 1%

Cumberland County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202310,5046,67415.2%7.00%$245,000
202411,2597,24114.8%7.00%$255,000
202512,7648,18714.1%6.75%$285,000

Frequently asked questions

14.1% of applications in Cumberland County were denied in 2025, against 16.3% statewide in Maine.

Bangor Savings Bank, with 1,163 applications in 2025 and a denial rate of 15.7%.

The median mortgage application in Cumberland County in 2025 was for $285,000; the median property value on originated loans was $575,000.