Mortgage lender closing cost rankings in Maine (2024)
In Maine, homebuyers paid a median of $4,783 in total closing costs on purchase mortgages in 2024, which is below the national median of $6,741. The median interest rate was 6.75% across 11,178 purchase originations. The most active lender was UNITED WHOLESALE MORTGAGE, LLC with 1,076 originations. The lowest-cost lender (with 50+ loans) was Kennebec Savings Bank at $1,053.
Median Total Costs
$4,783
−29.1% vs national ($6,741)
Median Rate
6.750%
+2.0% vs national (6.620%)
Median Origination
$1,621
Purchase Originations
11,178
By loan type
| Loan type | Volume | Median Rate | Median Total Costs |
|---|---|---|---|
| conventional | 8,097 | 6.875% | $4,203 |
| fha | 1,742 | 6.500% | $10,349 |
| va | 1,061 | 6.250% | $5,824 |
| usda | 278 | 5.950% | $5,837 |
Lowest closing cost lenders in Maine
Ranked by median total loan costs among lenders with 50+ purchase originations in Maine.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $1,053 | 7.250% | $0 | 293 | −$3,730 | |
| 2 | $1,237 | 8.750% | $0 | 88 | −$3,546 | |
| 3 | $3,061 | 6.125% | $0 | 118 | −$1,722 | |
| 4 | $3,196 | 6.500% | $800 | 83 | −$1,587 | |
| 5 | $3,439 | 6.750% | $950 | 85 | −$1,344 | |
| 6 | $3,442 | 6.375% | $1,025 | 1,011 | −$1,341 | |
| 7 | $3,570 | 6.750% | $1,275 | 58 | −$1,213 | |
| 8 | $3,770 | 7.000% | $1,100 | 62 | −$1,013 | |
| 9 | $3,771 | 7.000% | $795 | 62 | −$1,012 | |
| 10 | $3,853 | 6.750% | $1,275 | 239 | −$930 | |
| 11 | $3,931 | 6.875% | $800 | 148 | −$852 | |
| 12 | $3,942 | 6.875% | $1,195 | 122 | −$841 | |
| 13 | $3,958 | 6.625% | $995 | 112 | −$825 | |
| 14 | $3,989 | 6.500% | $1,135 | 503 | −$794 | |
| 15 | $4,185 | 6.750% | $1,100 | 192 | −$598 | |
| 16 | $4,194 | 6.750% | $1,375 | 71 | −$589 | |
| 17 | $4,409 | 7.125% | $895 | 77 | −$374 | |
| 18 | $4,471 | 6.990% | $1,629 | 171 | −$312 | |
| 19 | $4,527 | 6.625% | $1,395 | 169 | −$256 | |
| 20 | $4,540 | 6.725% | $1,640 | 72 | −$243 | |
| 21 | $4,568 | 6.750% | $1,825 | 77 | −$215 | |
| 22 | $4,671 | 6.875% | $1,700 | 892 | −$112 | |
| 23 | $4,758 | 6.625% | $1,790 | 54 | −$25 | |
| 24 | $4,764 | 6.625% | $1,695 | 105 | −$19 | |
| 25 | $4,773 | 6.375% | $1,976 | 75 | −$10 |
Includes lenders with 50+ purchase originations in Maine. Source: HMDA 2024. Sorted by median total loan costs.
Rankings by county
Cumberland County
2,560 originations
York County
1,993 originations
Penobscot County
1,244 originations
Kennebec County
1,157 originations
Androscoggin County
1,069 originations
Oxford County
428 originations
Somerset County
371 originations
Hancock County
368 originations
Aroostook County
346 originations
Sagadahoc County
307 originations
Waldo County
290 originations
Knox County
289 originations
Lincoln County
250 originations
Washington County
193 originations
Franklin County
181 originations
Piscataquis County
132 originations
See Maine closing cost details, fee benchmarks, and county comparisons → Maine Closing Costs Guide
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HMDA data shows industry-wide medians. Your actual quote may differ. Upload your Closing Disclosure or Loan Estimate to see exactly where your fees stand — and get a ready-to-send negotiation email.
Data source: HMDA Modified Loan Application Register 2024, 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.