Lender profile · HMDA 2023–2025
Bangor Savings Bank mortgage approval rates & lending data
Bangor Savings Bank decided 7,236 mortgage applications and funded 5,907 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 89% | 3,042 / 3,433 | 99% | $345K | 3,022 |
| Home improvement loans | 74% | 1,368 / 1,852 | 99% | $105K | 1,360 |
| Cash-out refinance | 88% | 154 / 175 | 99% | $335K | 153 |
| Refinance | 78% | 777 / 995 | 99% | $205K | 766 |
| Investment property purchase | 86% | 438 / 507 | 99% | $355K | 435 |
| Investment refinance | 74% | 64 / 86 | 97% | $305K | 62 |
| Investment home improvement | 57% | 95 / 168 | 97% | $135K | 92 |
Bangor Savings Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maine | 83% | $345K | 6,150 | 5,048 |
| New Hampshire | 80% | $375K | 550 | 433 |
| Massachusetts | 81% | $505K | 439 | 351 |
| Florida | 81% | $295K | 69 | 56 |
| North Carolina | 64% | $315K | 11 | 7 |
| Connecticut | 70% | $115K | 10 | 7 |
| South Carolina | 60% | $135K | 5 | 3 |
| Rhode Island | 100% | $615K | 2 | 2 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.