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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Maine

Fat Boy Data analyzed home improvement loan activity in Maine to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 13,168 applications were decided by 159 lenders between 2023 and 2025.

Maine at a glance

159Active lenders58 with 20+ decisions
75.2%Market approval rate9,901 of 13,168 decided
$75KTypical loanmedian lender, $10K brackets
95%Borrower take-up9,416 loans funded

How Maine compares

Approval rate compared
Maine75.2%All 616 counties62.7%
Typical loan compared
Maine$75KAll 616 counties$75K

What the data shows

Bangor Savings Bank made the most home improvement loans in Maine, 1,207 of them.

SEBASTICOOK VALLEY Federal Credit Union approved the highest share of applications among lenders with at least 20 decisions here, 100% of 51.

Lenders approved 75.2% of home improvement loan applications in Maine, 12.5 percentage points above the the United States rate of 62.7%.

No lender with a meaningful sample here has a typical home improvement loan at or below $35K, so small jobs are poorly served by the banks in this market.

Approval rate of all 58 lenders with 20+ decisions here
0%25%50%75%100%Discover Bank: 35% approved of 243Fourleaf: 36% approved of 28U.S. Bank National Association: 40% approved of 81Spring Eq, LLC: 41% approved of 167Pentagon Federal Credit Union: 42% approved of 26Bank of America, National Association: 53% approved of 580Skowhegan Savings Bank: 55% approved of 22Manufacturers and Traders Trust Company: 56% approved of 233PNC Bank, National Association: 61% approved of 62Citizens Bank, National Association: 65% approved of 262Empeople Credit Union: 65% approved of 268Figure Lending LLC: 65% approved of 142KeyBank National Association: 66% approved of 196Lighthouse Federal Credit Union: 67% approved of 788Cmg Mortgage, Inc.: 67% approved of 21Machias Savings Bank: 69% approved of 103Kennebunk Savings Bank: 70% approved of 341Navy Federal Credit Union: 72% approved of 201TD Bank, National Association: 72% approved of 745Rocket Mortgage, LLC: 74% approved of 38Maine State Credit Union: 74% approved of 192Bangor Savings Bank: 74% approved of 1,630Maine Savings Federal Credit Union: 77% approved of 466Dirigo Federal Credit Union: 78% approved of 195New American Funding, LLC: 79% approved of 24Norway Savings Bank: 80% approved of 258Gorham Savings Bank: 80% approved of 208Town & Country Federal Credit Union: 81% approved of 874Nationstar Mortgage LLC: 81% approved of 47Evergreen Credit Union: 81% approved of 453Maine Community Bank: 81% approved of 227Maine Family: 83% approved of 23Saco & Biddeford Savings Institution: 83% approved of 29Casco: 83% approved of 70Peopleschoice Credit Union: 83% approved of 54Service Federal Credit Union: 84% approved of 140Atlantic Regional Federal Credit Union: 84% approved of 465Bangor Federal Credit Union: 85% approved of 39The Camden National Bank: 85% approved of 587First National Bank: 86% approved of 42Bar Harbor Bank & Trust: 86% approved of 36Homebridge Financial Services, Inc.: 88% approved of 41Kennebec Savings Bank: 88% approved of 726First Technology: 89% approved of 35University Credit Union: 89% approved of 141Cport: 89% approved of 169Trademark: 89% approved of 74Coast Line Credit Union: 89% approved of 38Cumberland County: 91% approved of 166Bath Savings Institution: 91% approved of 47Truchoice Federal Credit Union: 94% approved of 269Coastal Community Bank: 96% approved of 230Sis Bancorp, Mhc: 97% approved of 59Saco Valley Credit Union: 97% approved of 32Holy Rosary Regional Credit Union: 97% approved of 37Lisbon Community: 99% approved of 81SEBASTICOOK VALLEY Federal Credit Union: 100% approved of 51Acadia Federal Credit Union: 100% approved of 51

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

Home improvement loan lenders in Maine

LenderApprovalApprovedTaken upTypical loanLoans made
1Bangor Savings Bank74%1,214 / 1,63099%$105K1,207
2Town & Country Federal Credit Union81%706 / 87494%$65K664
3Lighthouse Federal Credit Union67%525 / 78893%$65K490
4TD Bank, National Association72%535 / 74598%$105K527
5Kennebec Savings Bank88%642 / 72694%$45K605

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.

Fat Boy found 154 more lenders.

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Other lending data for Maine

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Counties in Maine

Cumberland CountyCountyYork CountyCountyPenobscot CountyCountyKennebec CountyCountyAndroscoggin CountyCounty