Kennebec Savings Bank mortgage approval rate & lending review
Kennebec Savings Bank decided 2,859 mortgage applications and funded 2,229 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Kennebec Savings Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Kennebec Savings Bank at a glance
Approval is 12.0 points above the 77.8% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 91% | 1,064 / 1,169 | 78% | $225K | 830 |
| Home improvement loans | 88% | 642 / 726 | 94% | $45K | 605 |
| Refinance | 89% | 551 / 622 | 95% | $105K | 524 |
| Investment property purchase | 92% | 195 / 211 | 85% | $215K | 166 |
| Investment refinance | 88% | 58 / 66 | 90% | $185K | 52 |
| Investment home improvement | 86% | 56 / 65 | 93% | $85K | 52 |
Kennebec Savings Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maine | 90% | $105K | 2,859 | 2,229 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Kennebec Savings Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Kennebec County, ME | Mortgage lenders | 91% | 934 | 675 |
| Kennebec County, ME | Home improvement loans | 88% | 623 | 516 |
| Kennebec County, ME | Refinance | 89% | 562 | 471 |
| Kennebec County, ME | Investment property purchase | 91% | 161 | 122 |
| Cumberland County, ME | Mortgage lenders | 91% | 106 | 75 |
| Androscoggin County, ME | Mortgage lenders | 91% | 88 | 55 |
| Cumberland County, ME | Home improvement loans | 88% | 57 | 47 |
| Cumberland County, ME | Refinance | 84% | 32 | 27 |
| Androscoggin County, ME | Home improvement loans | 93% | 28 | 25 |
| Cumberland County, ME | Investment property purchase | 96% | 24 | 21 |
| Penobscot County, ME | Mortgage lenders | 84% | 25 | 15 |
The county markets where Kennebec Savings Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Kennebec Savings Bank
What is Kennebec Savings Bank's mortgage approval rate?
Kennebec Savings Bank approved 89.8% of the 2,859 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.0 points above the 77.8% national rate for the same mix of loan types.
How often do borrowers take the loan Kennebec Savings Bank offers?
Borrowers accepted 87% of the loans Kennebec Savings Bank approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Kennebec Savings Bank make?
The typical home purchase mortgage loan Kennebec Savings Bank made was $225K; across all loan types its typical loan ran from $45K to $225K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Kennebec Savings Bank lend?
Kennebec Savings Bank decided applications in 1 of the states Fat Boy Data covers, most of them in Maine.
Can I apply to Kennebec Savings Bank directly?
Yes. Kennebec Savings Bank is a bank or credit union with 8 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Kennebec Savings Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Kennebec Savings Bank treats applications, then get a rate quote from the lender.