LEI 549300S32ZDD67D2FB46 · Norway, ME

Norway Savings Bank

Originated-loan volume lands in the upper fleet tercile (624 funded) among 1,109 reported applications in the 2024 HMDA Snapshot.

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Originated-volume tercile vs fleet

Norway Savings Bank funded 624 mortgages, upper fleet tercile (above ~310 originations), ranking #1,083 of 4,908 by originated-loan volume but #722 of 1,076 lenders with 1,000+ applications on origination share (56.3%). Easy Street Capital LLC leads that origination-share board at 100.0% on 1,937 applications.

#722
Origination-share rank of 1,076
56.3%
Origination share
624
Originated
15.5%
Denial rate

According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among reporters with 1,000+ applications. Denial share and origination share do not sum to 100% because HMDA also records withdrawals, incompletes, and purchased loans. See /methodology#corpus-placement. Informational reporting, not mortgage advice.

Where Norway Savings Bank sits by reported originations

2024 CFPB HMDA reporting lenders, bucketed by originated-loan count

624 Top 22% higher than 78% of 4,908 reporting lenders

This lender 0 400,000 reporting lenders, grouped by originated loans

Each bar is a 50,000-originated loans band. The dashed line and filled bar mark this lender. Hover, tap, or focus a bar for its count and population share.

Source CFPB Home Mortgage Disclosure Act loan/application register · 2024 reporting year

Loan types by applications · Norway Savings Bank

Application volume by HMDA loan type in this lender's 2024 book.

Loan mix
1. Conventional1K2. USDA40
0%100%56.3%
Origination share · Norway Savings Bank

Cited denial reasons · Norway Savings Bank

Lender-reported HMDA denial-reason counts (top reasons shown).

Denial mix
1. Debt-to-income ratio1172. Credit history673. Collateral384. Other185. Insufficient cash66. Mortgage insurance denied67. Employment history58. Unverifiable information1

High-volume book. Norway Savings Bank funded 624 mortgages, above the fleet upper tercile (~310 originations) - so absolute denial and purpose counts matter more here than at thin reporters. Most-cited denial codes: Debt-to-income ratio, Credit history, Collateral. Program weight concentrates in Conventional (1,069 applications).

How to read Norway Savings Bank. These figures are aggregate HMDA disclosures for this lender's 2024 book, not any one file. Rates reflect applicant mix (credit, LTV, DTI, geography) as much as underwriting posture. Informational data reporting, not financial, legal, or mortgage advice. Source vintage: CFPB HMDA 2024 Snapshot.

Avg Interest Rate: 7.674% Avg Applicant Income: $37,000

Lending activity by loan program · Norway Savings Bank

Norway Savings Bank filed most under Conventional. Applications, originations and denials are separate outcomes of the same filing, so the columns do not sum.

Type Applications Originated Denied Avg Loan
Conventional 1,069 624 168 $270,435
USDA 40 0 4 $266,500

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Norway Savings Bank (LEI: 549300S32ZDD67D2FB46) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Why borrowers applied

Purchase, refinance and cash-out are reported as distinct purposes; average loan size usually separates them more sharply than volume does.

Purpose Applications Originated Avg Loan
Home Purchase 445 169 $366,034
Other 275 186 $191,218
Home Improvement 201 131 $146,244
Cash-out Refinancing 179 130 $287,514
Refinancing 9 8 $380,556

Reported outcomes by applicant race

CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.

Race Applications Approval Rate Denial Rate
White 921 55.8% 15.3%
Joint * 13 69.2% 23.1%
Black or African American * 10 10.0% 60.0%
Asian * 9 44.4% 22.2%
American Indian or Alaska Native * 3 0.0% 66.7%
2 or more minority races * 1 0.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Reported outcomes by applicant ethnicity

Hispanic or Latino is an ethnicity, not a race, and is reported separately per U.S. Census Bureau standards. The same limitation applies: HMDA records the outcome, not the underwriting inputs behind it.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 924 56.2% 16.1%
Hispanic or Latino * 16 25.0% 12.5%
Joint * 12 33.3% 16.7%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in ME

Other HMDA-reporting lenders in ME with similar activity. Compare any two side-by-side.

One of 46 other HMDA-reporting lenders in ME, 5 are shown here.

Nationwide lenders with similar profiles

Two HMDA peer sets for Norway Savings Bank, both outside ME so the neighborhoods are not state containment (the Nearby list above stays in-state). Peers are drawn from lenders with ≥1,000 applications, the same floor used on approval and denial rankings.

Read with Norway Savings Bank

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 for Norway Savings Bank (LEI 549300S32ZDD67D2FB46).

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Informational only, not mortgage advice for applicants at Norway Savings Bank.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This Norway Savings Bank page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.