Waldo County, Maine
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Lenders reported 1,535 mortgage applications in Waldo County, Maine, for 2024, and originated 880 loans worth $200m.
That is 50.4 originations per 1,000 households, against 53.2 for Maine and 48.0 nationally.
The county's denial rate was 25.1%, above the state rate of 20.9%. The median rate spread on originated loans was 0.4 percentage points and 16.1% of originations were 1.5 points or more above the average prime offer rate.
15 lenders reached 25 applications in the county; the most active by originations were Bangor Savings Bank (162), The Camden National Bank (99) and Rocket Mortgage (55).
Originations were up 19% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Bangor Savings Bank | 257 | 162 | $28m | 28.1% | — |
| 2 | The Camden National Bank | 140 | 99 | $19m | 15.4% | — |
| 3 | Rocket Mortgage | 68 | 55 | $11m | 15.4% | — |
| 4 | First National Bank | 64 | 54 | $13m | 8.5% | — |
| 5 | Fairway Independent Mort Corp | 49 | 38 | $11m | 7.3% | — |
| 6 | United Wholesale Mortgage | 49 | 37 | $9.8m | 15.9% | — |
| 7 | Maine Savings Federal Credit Union | 55 | 31 | $3.9m | 30.2% | — |
| 8 | CMG Mortgage Inc | 42 | 26 | $7.7m | 3.3% | — |
| 9 | Seaboard Federal Credit Union | 37 | 26 | $3.1m | 29.7% | — |
| 10 | Kennebec Savings Bank | 36 | 24 | $3.2m | 14.7% | — |
| 11 | Mortgage Research Center | 33 | 17 | $6.4m | — | — |
| 12 | Keybank National Association | 31 | 16 | $3.0m | — | — |
| 13 | CUSO Mortgage Corporation | 28 | 16 | $3.6m | — | — |
| 14 | Discover Bank | 37 | 3 | $315k | — | — |
| 15 | Amerisave Mortgage Company | 26 | 3 | $495k | — | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 15. Denial rate is denials over decided applications in this county.
Compared with Maine and the nation
| Measure | This county | Maine | United States |
|---|---|---|---|
| Denial rate | 25.1% | 20.9% | 24.3% |
| Median rate spread, pp | 0.4 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 16.1% | 16.1% | 15.6% |
| Average originated loan | $227k | $263k | $329k |
| Originations per 1,000 households | 50.4 | 53.2 | 48.0 |
| Home purchase share of originations | 45.0% | 49.0% | 57.0% |
| FHA-insured share | 9.5% | 8.7% | 13.4% |
| VA-guaranteed share | 8.2% | 6.3% | 7.9% |
Rate spread distribution
Share of 768 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Maine). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 45% (396)Home improvement 17% (149)Refinancing 10% (91)Cash-out refinancing 15% (130)Other purpose 13% (114)
By type
Conventional 81% (714)FHA 10% (84)VA 8% (72)USDA 1% (10)
Trend by year
ApplicationsOriginations
This countyMaine
Questions and answers
Which lenders are most active in Waldo County, ME?
By 2024 originations: Bangor Savings Bank (162), The Camden National Bank (99), Rocket Mortgage (55), First National Bank (54), Fairway Independent Mort Corp (38). 15 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Waldo County?
25.1% of decided applications were denied in 2024, against 20.9% across Maine and 24.3% nationally.
How many mortgages were originated in Waldo County in 2024?
880 loans totalling $200m, from 1,535 applications; 50.4 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 23027; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.