Lincoln County, Maine · 2025

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

149 lenders acted on 1,613 mortgage applications for properties in Lincoln County in 2025. 15.1% were denied (Maine: 16.3%). Median rate on closed loans 6.99%; median loan $225,000; median property value $435,000.

1.6kApplications
15.1%Denial ratestate 16.3%
6.99%Median ratestate 6.88%
$225,000Median loan
$435,000Median property value

Largest lenders in Lincoln County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 First National Bank C 250206 7.2%7.50%
2 The Camden National Bank A 161106 17.4%6.99%
3 Bangor Savings Bank B 10774 21.5%7.06%
4 Rocket Mortgage C 6648 21.2%6.99%
5 First Federal Savings and Loan Association of Bath A 5848 1.7%
6 CMG Mortgage A 5438 13.0%6.56%
7 Kennebec Savings Bank B 4335 2.3%6.95%
8 United Shore Financial Services B 4130 7.3%6.46%
9 Guild Mortgage A 3526 11.4%6.62%
10 Bath Savings Institution C 3424 14.7%7.00%
11 Maine State Credit Union D 3319 36.4%
12 Fairway Independent Mortgage B 3021 0.0%6.63%
13 Mortgage Research Center C 3014 16.7%6.25%
14 Freedom Mortgage B 2710 0.0%6.13%
15 Newrez D 279 14.8%6.63%
16 Pennymac Loan Services C 2514 12.0%7.12%
17 Broker Solutions D 2313 8.7%6.88%
18 Navy Federal Credit Union D 2316 4.4%6.31%
19 T2 Financial B 2113 9.5%6.99%
20 Loandepot.Com D 188 44.4%8.31%
21 Coastal Community Bank C 173 5.9%11.74%
22 Bank of America F 165 18.8%6.24%
23 AmeriSave Mortgage D 162 87.5%8.13%
24 Cuso Mortgage C 169 31.3%6.75%
25 Sofi Bank D 162 18.8%7.84%

Best approval odds in Lincoln County

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

What Lincoln County borrowers applied for

By loan purpose

Home purchase 654 41% · 8.4% denied
Refinance 257 16% · 14.8% denied
Cash-out refinance 241 15% · 19.9% denied
Home improvement 220 14% · 20.0% denied
Other / HELOC 241 15% · 24.1% denied

By loan type

Conventional 1,327 82% · 14.9% denied
FHA 139 9% · 21.6% denied
VA 131 8% · 10.7% denied
USDA / RHS 16 1% · 12.5% denied

Why applications were denied

Debt-to-income ratio 90 39%
Collateral 38 17%
Credit history 31 14%
Incomplete application 30 13%
Other 26 11%
Unverifiable information 7 3%
Insufficient cash 6 3%

Lincoln County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,21375515.9%7.25%$195,000
20241,35783916.4%7.38%$205,000
20251,6131,03715.1%6.99%$225,000

Frequently asked questions

15.1% of applications in Lincoln County were denied in 2025, against 16.3% statewide in Maine.

First National Bank, with 250 applications in 2025 and a denial rate of 7.2%.

The median mortgage application in Lincoln County in 2025 was for $225,000; the median property value on originated loans was $435,000.