Saco & Biddeford Savings Institution mortgage approval rate & lending review
Saco & Biddeford Savings Institution decided 639 mortgage applications and funded 542 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Saco & Biddeford Savings Institution reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Saco & Biddeford Savings Institution at a glance
Approval is 1.4 points above the 84.6% 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 | 86% | 288 / 333 | 99% | $375K | 285 |
| Home improvement loans | 83% | 24 / 29 | 96% | $125K | 23 |
| Refinance | 74% | 43 / 58 | 100% | $195K | 43 |
| Investment property purchase | 91% | 177 / 195 | 98% | $285K | 173 |
Saco & Biddeford Savings Institution lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Maine | 86% | $375K | 639 | 542 |
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 Saco & Biddeford Savings Institution lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Cumberland County, ME | Mortgage lenders | 88% | 162 | 140 |
| York County, ME | Mortgage lenders | 85% | 158 | 133 |
| York County, ME | Investment property purchase | 91% | 110 | 99 |
| Cumberland County, ME | Investment property purchase | 91% | 82 | 72 |
| York County, ME | Refinance | 74% | 34 | 25 |
| Cumberland County, ME | Refinance | 75% | 24 | 18 |
The county markets where Saco & Biddeford Savings Institution made the most loans. Each link opens that market with every lender ranked.
Questions about Saco & Biddeford Savings Institution
What is Saco & Biddeford Savings Institution's mortgage approval rate?
Saco & Biddeford Savings Institution approved 86.1% of the 639 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 1.4 points above the 84.6% national rate for the same mix of loan types.
How often do borrowers take the loan Saco & Biddeford Savings Institution offers?
Borrowers accepted 99% of the loans Saco & Biddeford Savings Institution 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 Saco & Biddeford Savings Institution make?
The typical home purchase mortgage loan Saco & Biddeford Savings Institution made was $375K; across all loan types its typical loan ran from $125K to $375K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Saco & Biddeford Savings Institution lend?
Saco & Biddeford Savings Institution decided applications in 1 of the states Fat Boy Data covers, most of them in Maine.
Can I apply to Saco & Biddeford Savings Institution directly?
Yes. Saco & Biddeford Savings Institution is a bank or credit union with 7 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Saco & Biddeford Savings Institution'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 Saco & Biddeford Savings Institution treats applications, then get a rate quote from the lender.