Largest lenders in Franklin County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Bangor Savings Bank | B | 127 | 84 | 16.5% | 7.23% |
| 2 | Skowhegan Savings Bank | D | 78 | 55 | 18.0% | — |
| 3 | Rocket Mortgage | C | 59 | 38 | 25.4% | 6.93% |
| 4 | Mortgage Research Center | C | 43 | 20 | 14.0% | 6.13% |
| 5 | Guild Mortgage | A | 38 | 29 | 2.6% | 6.63% |
| 6 | CMG Mortgage | A | 35 | 21 | 14.3% | 6.75% |
| 7 | Kennebec Savings Bank | B | 35 | 26 | 8.6% | 7.00% |
| 8 | University Credit Union | C | 27 | 15 | 14.8% | 6.88% |
| 9 | United Shore Financial Services | B | 25 | 17 | 12.0% | 7.00% |
| 10 | The Camden National Bank | A | 24 | 14 | 16.7% | 6.69% |
| 11 | TD Bank | D | 21 | 10 | 19.1% | 7.05% |
| 12 | T2 Financial | B | 18 | 17 | 0.0% | 6.50% |
| 13 | Fairway Independent Mortgage | B | 17 | 14 | 5.9% | 6.99% |
| 14 | Nationstar Mortgage | C | 16 | 8 | 31.3% | 8.25% |
| 15 | Broker Solutions | D | 16 | 6 | 12.5% | 7.12% |
| 16 | Loandepot.Com | D | 16 | 9 | 37.5% | 6.99% |
| 17 | Navy Federal Credit Union | D | 16 | 8 | 6.3% | 7.80% |
| 18 | AmeriSave Mortgage | D | 15 | 1 | 86.7% | 7.38% |
| 19 | Freedom Mortgage | B | 15 | 9 | 0.0% | 6.13% |
| 20 | Maine Community Bank | C | 14 | 9 | 7.1% | — |
| 21 | Pennymac Loan Services | C | 13 | 8 | 7.7% | 6.81% |
| 22 | Norway Savings Bank | B | 13 | 8 | 7.7% | 7.25% |
| 23 | Peopleschoice Credit Union | D | 13 | 8 | 7.7% | — |
| 24 | Leaderone Financial | D | 12 | 8 | 8.3% | 6.93% |
| 25 | Crosscountry Mortgage | B | 11 | 7 | 9.1% | 7.38% |
Best approval odds in Franklin County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Bangor Savings Bank | 107 | 19.6% |
| 2 | Skowhegan Savings Bank | 70 | 20.0% |
| 3 | Rocket Mortgage | 53 | 28.3% |
What Franklin County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Franklin County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 809 | 478 | 19.2% | 7.00% | $175,000 |
| 2024 | 916 | 565 | 16.6% | 6.99% | $205,000 |
| 2025 | 1,056 | 618 | 16.6% | 6.88% | $205,000 |
Frequently asked questions
16.6% of applications in Franklin County were denied in 2025, against 16.3% statewide in Maine.
Bangor Savings Bank, with 127 applications in 2025 and a denial rate of 16.5%.
The median mortgage application in Franklin County in 2025 was for $205,000; the median property value on originated loans was $315,000.