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investment property improvement lenders · HMDA 2023–2025

Investment property improvement lenders in Maine

Fat Boy Data analyzed investment 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. 1,088 applications were decided by 106 lenders between 2023 and 2025.

Maine at a glance

106Active lenders14 with 20+ decisions
68.5%Market approval rate745 of 1,088 decided
$135KTypical loanmedian lender, $10K brackets
96%Borrower take-up713 loans funded

How Maine compares

Approval rate compared
Maine68.5%All 616 counties51.2%
Typical loan compared
Maine$135KAll 616 counties$115K

What the data shows

Bangor Savings Bank made the most investment home improvement loans in Maine, 81 of them.

First National Bank approved the highest share of applications among lenders with at least 20 decisions here, 97% of 35.

Lenders approved 68.5% of investment home improvement loan applications in Maine, 17.2 percentage points above the the United States rate of 51.2%.

The typical investment home improvement loan here is $135K, 17% larger than the the United States typical of $115K.

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

Approval rate of all 14 lenders with 20+ decisions here
0%25%50%75%100%Bank of America, National Association: 40% approved of 53Navy Federal Credit Union: 48% approved of 21Citizens Bank, National Association: 57% approved of 47Bangor Savings Bank: 58% approved of 143Kennebunk Savings Bank: 59% approved of 34TD Bank, National Association: 60% approved of 81The Camden National Bank: 72% approved of 80Town & Country Federal Credit Union: 73% approved of 55Gorham Savings Bank: 81% approved of 27Norway Savings Bank: 83% approved of 42Kennebec Savings Bank: 86% approved of 65Machias Savings Bank: 90% approved of 21Maine Community Bank: 93% approved of 46First National Bank: 97% approved of 35

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

Investment property improvement lenders in Maine

LenderApprovalApprovedTaken upTypical loanLoans made
1Bangor Savings Bank58%83 / 14398%$135K81
2TD Bank, National Association60%49 / 8190%$125K44
3The Camden National Bank72%58 / 8098%$305K57
4Kennebec Savings Bank86%56 / 6593%$85K52
5Town & Country Federal Credit Union73%40 / 5592%$105K37

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 101 more lenders.

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You are seeing the 5 largest investment home improvement loan lenders in Maine. Unlock every lender who decided one of these loans here, what they approved, how much borrowers actually took, and how far the nearest office is.

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Other lending data for Maine

Counties in Maine