ME · Statewide HMDA 2024

Maine mortgage lending

According to the CFPB HMDA 2024 Snapshot, 459 reporting lenders · 16 counties · 3 metros.

Volume rank is not origination-share rank

According to the CFPB HMDA 2024 Snapshot, Maine ranks #39 of 54 by application volume but #7 of 52 states with 10,000+ applications on origination share (57.9%). Wisconsin leads that origination-share board at 64.0% on 214,597 applications. Volume rank is not origination-share rank.

#7
Origination-share rank of 52
57.9%
Origination share
31,816
Originated
16.1%
Denial rate

According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among states and territories with 10,000+ applications (the same floor as the national denial board). See /methodology#corpus-placement. Informational reporting, not mortgage advice.

CFPB HMDA state filing plate

State ME · Maine 16.1% denial

VOL-LIGHT · DEN-MID · NEAR-PEER · ORIG-LOW · BOOK-FULL · LEAD-MIX

  • VOL-LIGHT #39/54
  • DEN-MID 16.1%
  • NEAR-PEER Tennessee
  • ORIG-LOW 57.9%
  • BOOK-FULL 459 lenders
  • LEAD-MIX 10% top

Photo-finish peer: Tennessee · 16.1% denial (+0.1pp vs Maine)

2024 HMDA Snapshot state sheet, volume rank, denial band, origination share, and reporter book. Informational reporting only.

Denial-rate neighbourhood · Maine

Poles and nearest peers by statewide HMDA denial rate, not a full state roster.

Denial band
Hawaii · highest22.4%Oklahoma · near16.1%Tennessee · near16.1%Maine · this state16.1%Indiana · near15.9%Washington · near15.7%Guam · lowest7.6%

Nationwide states with similar HMDA denial rate or application volume

Two statewide peer sets for Maine: nearest jurisdictions by denial rate and by mortgage applications filed. These are cross-state neighborhoods, distinct from the denial-band chart above.

Top lenders by originations · Maine

Funded loans among HMDA-reporting institutions active in this state.

State market
1. Bangor Savings Bank3K2. United Wholesale Mortgage2K3. The Camden National Bank2K4. Rocket Mortgage1K5. Guild Mortgage Company1K6. Cmg Mortgage INC1K7. Kennebec Savings Bank1K8. TD Bank759

Where Maine sits by application volume

2024 CFPB HMDA states and territories, bucketed by mortgage applications filed

54,907 28th percentile higher than 28% of 54 states and territories

This state 0 1,200,000 states and territories, grouped by applications

Each bar is a 150,000-applications band. The dashed line and filled bar mark this state. Hover, tap, or focus a bar for its count and population share.

Source CFPB Home Mortgage Disclosure Act Snapshot National Loan-Level Dataset · 2024 reporting year

Top counties by originations · Maine

In-state county volume from the same HMDA county board linked below.

County mix
1. Cumberland County7K2. York County6K3. Penobscot County3K4. Kennebec County3K5. Androscoggin County2K6. Hancock County1K7. Oxford County1K8. Aroostook County1K

How to read this state sheet. Maine filed 54,907 HMDA-reported applications in 2024 (#39 of 54 by volume) with a 16.1% denial rate - near the national 17.2% baseline. White applicants (41,511 apps) show 16.1% denial; Black or African American applicants (853 apps) show 22.5% denial - rates on groups below 100 applications are marked too small to read. This page is informational data reporting, not financial, legal, or mortgage advice.

Nearby Lenders in Maine

Top HMDA-reporting lenders active in Maine. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Bangor Savings Bank 3,032 9.5%
2 United Wholesale Mortgage 1,690 5.3%
3 The Camden National Bank 1,582 5.0%
4 Rocket Mortgage 1,472 4.6%
5 Guild Mortgage Company 1,343 4.2%

Reported outcomes by applicant race in Maine

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 41,511 63.3% 16.1%
Black or African American 853 50.3% 22.5%
Joint 775 64.9% 14.1%
Asian 605 56.0% 19.5%
American Indian or Alaska Native 257 47.5% 26.9%
Native Hawaiian or Other Pacific Islander 48 52.1% 27.1%sample too small to read
2 or more minority races 44 47.7% 25.0%sample too small to read

Every county in Maine, by lending volume

County totals sum the filings geocoded to that county, so they reconcile to the state row above rather than to any single lender's book.

County Applications Originated Denial Rate Avg Loan
Cumberland County 11,997 7,240 13.9% $326,316
York County 10,690 6,147 16.1% $293,580
Penobscot County 5,571 3,313 16.5% $191,184
Kennebec County 4,866 2,950 14.2% $209,367
Androscoggin County 4,277 2,451 15.0% $237,352
Oxford County 2,342 1,257 19.1% $236,285
Hancock County 2,318 1,382 18.2% $263,947
Aroostook County 1,933 1,077 21.7% $139,056
Somerset County 1,769 1,002 17.8% $177,120
Waldo County 1,628 880 19.1% $213,943
Knox County 1,557 879 17.0% $262,502
Lincoln County 1,450 839 15.3% $256,041
Sagadahoc County 1,400 804 15.7% $263,257
Washington County 1,037 566 21.4% $166,080
Franklin County 996 565 15.3% $239,558
Piscataquis County 746 435 16.1% $172,815

Metro Areas in Maine

Frequently Asked Questions

How many mortgage applications were filed in Maine?
In the 2024 HMDA reporting year, 54,907 mortgage applications were filed in Maine. Of these, 31,816 were originated (approved and funded), while 8,811 were denied, resulting in a denial rate of 16.1%.
Where does Maine sit among U.S. states for mortgage volume?
According to CFPB HMDA 2024 application volume across U.S. states and territories, Maine ranks #39 of 54. On origination share (originated divided by applications, 10,000-application floor) it ranks #7 of 52 at 57.9%. The /states hub sorts by application volume for this ranking basis. See /methodology#corpus-placement.
What is the mortgage denial rate in Maine?
The mortgage denial rate in Maine is 16.1%, meaning 16.1% of all applications were denied by lenders. The approval (origination) rate is 57.9%.
What is the average mortgage loan amount in Maine?
The average mortgage loan amount in Maine is $255,267. The average interest rate across all loan types is 7.307%.
How many mortgage lenders operate in Maine?
459 mortgage lenders reported HMDA data for Maine. These include banks, credit unions, and independent mortgage companies that filed lending activity for this state.
How do mortgage denial rates vary by demographics in Maine?
Maine reports demographic lending data under HMDA. White applicants (41,511 applications) have an approval rate of 63.3% and denial rate of 16.1%; Black or African American applicants (853 applications) have an approval rate of 50.3% and denial rate of 22.5%; Joint applicants (775 applications) have an approval rate of 64.9% and denial rate of 14.1%. These figures reflect derived race categories as reported by applicants, and cover only groups with at least 100 applications, since a rate computed on a handful of applications is not readable.
Which counties in Maine have the most mortgage activity?
The top counties by mortgage volume in Maine are Cumberland County (7,240 originations), York County (6,147 originations), Penobscot County (3,313 originations). There are 16 counties with HMDA mortgage data in the state.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This 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.