Purchase Originations
1,257
Ranked #314 nationally
Median Total Costs
$3,806
−43.0% vs national ($6,680)
↑ $330 vs prior year
Median Rate
6.375%
−1.8% vs national (6.490%)
↓ 0.125% vs prior year
Median Origination
$1,250
Median Lender Credits
$412
Cost Rank (500+ vol.)
#90
among lenders with 500+ originations
Denial Rate
8.5%
vs national avg (9.0%)
| Loan type | Volume | Median Rate | Median Total Costs | Median Origination |
|---|---|---|---|---|
| conventional | 1,017 | 6.375% | $3,630 | $1,250 |
| fha | 149 | 5.950% | $8,933 | $1,500 |
| usda | 52 | 5.950% | $6,048 | $1,500 |
| va | 39 | 6.000% | $4,635 | $1,500 |
| State | Volume | Median Rate | Median Total Costs | State Rank |
|---|---|---|---|---|
| Maine | 1,096 | 6.250% | $3,749 | #2 |
| New Hampshire | 77 | 6.500% | $4,034 | #36 |
| Massachusetts | 68 | 6.375% | $4,338 | #112 |
| Florida | 8 | 6.250% | $5,500 | — |
| Vermont | 3 | 6.375% | $4,605 | — |
| North Carolina | 2 | 6.250% | $3,586 | — |
| Rhode Island | 2 | 6.812% | $4,662 | — |
| South Carolina | 1 | 6.375% | $3,769 | — |
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $3,508 | 6.250% | — | 20 | −$298 | |
| 2 | $3,512 | 6.125% | — | 213 | −$294 | |
| 3 | $3,646 | 6.375% | — | 28 | −$160 | |
| 4 | $3,757 | 6.125% | — | 37 | −$49 | |
| 5 | $3,766 | 6.375% | — | 37 | −$40 | |
| 6 | $3,773 | 6.375% | — | 305 | −$33 | |
| 7 | $3,774 | 6.375% | — | 21 | −$32 | |
| 8 | $3,787 | 6.438% | — | 28 | −$19 | |
| 9 | $3,793 | 6.125% | — | 90 | −$13 | |
| 10 | $3,797 | 6.500% | — | 21 | −$9 | |
| 11 | $3,814 | 6.375% | — | 135 | +$8 | |
| 12 | $4,004 | 6.375% | — | 27 | +$198 | |
| 13 | $4,025 | 6.375% | — | 17 | +$219 | |
| 14 | $4,043 | 6.062% | — | 24 | +$237 | |
| 15 | $4,169 | 6.125% | — | 19 | +$363 | |
| 16 | $4,260 | 6.500% | — | 27 | +$454 | |
| 17 | $4,412 | 5.950% | — | 42 | +$606 | |
| 18 | $4,440 | 6.250% | — | 59 | +$634 | |
| 19 | $4,612 | 6.375% | — | 24 | +$806 | |
| 20 | $5,963 | 6.750% | — | 30 | +$2,157 |
Includes lenders with 1+ purchase originations in top counties. Source: HMDA 2025. Sorted by median total loan costs.
Peer set: the 50 highest-volume U.S. mortgage lenders in 2025 (min. 8,254 purchase originations).
| Metric | Bangor Savings Bank | Top-50 peer median | Difference |
|---|---|---|---|
| Median loan amount | $335,000 | $335,000 | +$0 (+0.0%) |
| Median total closing costs | $3,806 | $7,127 | −$3,321 (−46.6%) |
Other high-volume lenders side-by-side.
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Data source: HMDA Modified Loan Application Register 2025, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.