Machias Savings Bank mortgage approval rate & lending review
Machias Savings Bank decided 480 mortgage applications and funded 386 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Machias Savings Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Machias Savings Bank at a glance
Approval is 5.9 points above the 78.5% 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 | 80% | 103 / 128 | 94% | $205K | 97 |
| Home improvement loans | 69% | 71 / 103 | 99% | $75K | 70 |
| Refinance | 90% | 44 / 49 | 98% | $125K | 43 |
| Investment property purchase | 96% | 133 / 139 | 95% | $175K | 126 |
| Investment refinance | 97% | 28 / 29 | 93% | $205K | 26 |
Machias Savings Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maine | 84% | $175K | 475 | 382 |
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 Machias Savings Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Penobscot County, ME | Investment property purchase | 95% | 100 | 90 |
| Penobscot County, ME | Mortgage lenders | 84% | 74 | 59 |
| Penobscot County, ME | Home improvement loans | 68% | 71 | 47 |
| Penobscot County, ME | Refinance | 87% | 31 | 27 |
| Cumberland County, ME | Mortgage lenders | 73% | 26 | 17 |
| Penobscot County, ME | Investment refinance | 95% | 20 | 17 |
| Cumberland County, ME | Home improvement loans | 70% | 20 | 14 |
The county markets where Machias Savings Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Machias Savings Bank
What is Machias Savings Bank's mortgage approval rate?
Machias Savings Bank approved 84.4% of the 480 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 5.9 points above the 78.5% national rate for the same mix of loan types.
How often do borrowers take the loan Machias Savings Bank offers?
Borrowers accepted 95% of the loans Machias Savings Bank approved, against 95% for all investment property mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Machias Savings Bank make?
The typical investment property mortgage loan Machias Savings Bank made was $175K; across all loan types its typical loan ran from $75K to $205K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Machias Savings Bank lend?
Machias Savings Bank decided applications in 2 of the states Fat Boy Data covers, most of them in Maine and Florida.
Can I apply to Machias Savings Bank directly?
Yes. Machias Savings Bank is a bank or credit union with 16 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Machias 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 Machias Savings Bank treats applications, then get a rate quote from the lender.