BANGOR Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Bangor averaged
6.61%
for the week of 2025-07-03, compared to the national average of
6.67% for the same period.
The average rate for the prior week (2025-06-26) was
6.81% and
one month ago for the week of 2025-05-29, the
average rate was 7.13%.
Bangor's average rate one year ago was 6.9%.
For refis of the same type during the week of 2025-07-03, the average rate
was 6.67%.
BANGOR Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the BANGOR, ME market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
BANGOR Average Closing Costs & Other Stats
BANGOR, ME's 95 lenders originated 3,303
loans during 2024. The total origination value was $651,145,000, with an average loan value of
$197,137.
BANGOR's average closing costs are $4,796.
The top BANGOR lender as defined by loan originations is Bangor Savings Bank, with
177 loans originated. Their average total fees are
$3,286, which is $2,832
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee BANGOR lenders (with over 10 loans originated) are
Bangor Savings Bank ($3,286), Maine Savings Federal Credit Union ($3,499), TD Bank ($3,760), University Credit Union ($4,092) and CMG MORTGAGE, INC. ($4,239).
The lowest rate BANGOR lenders (with over 10 loans originated) are
Bangor Savings Bank (6.40%), GUILD MORTGAGE COMPANY (6.54%), CMG MORTGAGE, INC. (6.73%), The Camden National Bank (6.77%) and QUICKEN LOANS, LLC (6.83%).
BANGOR, ME Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| Bangor Savings Bank | $88,480,000 | $105,545,000 | 19.3% | 16.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $16,125,000 | $46,025,000 | 185.4% | 7.1% |
| QUICKEN LOANS, LLC | $25,535,000 | $36,405,000 | 42.6% | 5.6% |
| LEADERONE FINANCIAL CORPORATION | $35,700,000 | $31,845,000 | -10.8% | 4.9% |
| Maine Savings Federal Credit Union | $27,130,000 | $31,305,000 | 15.4% | 4.8% |
| The Camden National Bank | $21,360,000 | $29,310,000 | 37.2% | 4.5% |
| CMG MORTGAGE, INC. | $19,630,000 | $24,915,000 | 26.9% | 3.8% |
| First National Bank | $24,635,000 | $22,855,000 | -7.2% | 3.5% |
| Mortgage Research Center, LLC | $13,475,000 | $21,685,000 | 60.9% | 3.3% |
| Machias Savings Bank | $27,425,000 | $19,130,000 | -30.2% | 2.9% |
| CUSO MORTGAGE CORPORATION | $5,680,000 | $17,640,000 | 210.6% | 2.7% |
| Katahdin Trust Company | $12,790,000 | $15,665,000 | 22.5% | 2.4% |
| TOTAL MORTGAGE SERVICES, LLC | $4,880,000 | $14,295,000 | 192.9% | 2.2% |
| TD Bank | $7,505,000 | $12,400,000 | 65.2% | 1.9% |
| GUILD MORTGAGE COMPANY | $10,255,000 | $10,960,000 | 6.9% | 1.7% |
| NEWREZ LLC | $3,415,000 | $9,765,000 | 185.9% | 1.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $6,300,000 | $9,755,000 | 54.8% | 1.5% |
| LINCOLN MAINE FEDERAL CR UNION | $6,270,000 | $9,320,000 | 48.6% | 1.4% |
| FREEDOM MORTGAGE CORPORATION | $2,480,000 | $7,415,000 | 199.0% | 1.1% |
| University Credit Union | $10,295,000 | $7,240,000 | -29.7% | 1.1% |
| SEBASTICOOK VALLEY Federal Credit Union | $5,995,000 | $7,090,000 | 18.3% | 1.1% |
| KeyBank | $7,265,000 | $6,635,000 | -8.7% | 1.0% |
| PENNYMAC LOAN SERVICES, LLC | $1,905,000 | $6,595,000 | 246.2% | 1.0% |
| LOANDEPOT.COM, LLC | $6,460,000 | $6,310,000 | -2.3% | 1.0% |
| SEABOARD FEDERAL CREDIT UNION | $3,385,000 | $4,850,000 | 43.3% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $2,550,000 | $4,845,000 | 90.0% | 0.7% |
| FIRST MORTGAGE COMPANY, INC. | $4,580,000 | n/a | 0.7% | |
| USAA Federal Savings Bank | $5,800,000 | $4,010,000 | -30.9% | 0.6% |
| Acadia Federal Credit Union | $8,645,000 | $3,430,000 | -60.3% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $2,695,000 | $3,405,000 | 26.3% | 0.5% |
| Bangor Federal Credit Union | $3,625,000 | $3,360,000 | -7.3% | 0.5% |
| Bar Harbor Bank & Trust | $6,300,000 | $3,255,000 | -48.3% | 0.5% |
| Kennebec Savings Bank | $2,430,000 | $3,230,000 | 32.9% | 0.5% |
| U.S. Bank | $1,175,000 | $3,225,000 | 174.5% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,285,000 | $2,895,000 | 26.7% | 0.4% |
| EMBRACE HOME LOANS, INC. | $2,730,000 | $2,865,000 | 4.9% | 0.4% |
| Deere Employees Credit Union | $3,990,000 | $2,775,000 | -30.5% | 0.4% |
| The Federal Savings Bank | $1,530,000 | $2,585,000 | 69.0% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $515,000 | $2,445,000 | 374.8% | 0.4% |
| BROKER SOLUTIONS, INC. | $1,875,000 | $2,255,000 | 20.3% | 0.3% |
| Skowhegan Savings Bank | $3,145,000 | $2,085,000 | -33.7% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $295,000 | $2,015,000 | 583.1% | 0.3% |
| Citizens Bank | $490,000 | $1,805,000 | 268.4% | 0.3% |
| KATAHDIN FCU | $3,495,000 | $1,670,000 | -52.2% | 0.3% |
| Century Mortgage Company DBA Century Lending Company | $970,000 | $1,665,000 | 71.6% | 0.3% |
| Androscoggin Savings Bank | $615,000 | $1,630,000 | 165.0% | 0.3% |
| NORTHERN MORTGAGE SERVICES, LLC | $1,470,000 | $1,555,000 | 5.8% | 0.2% |
| MAINE HIGHLANDS FEDERAL CREDIT UNION | $2,275,000 | $1,520,000 | -33.2% | 0.2% |
| ZILLOW HOME LOANS, LLC | $1,520,000 | n/a | 0.2% | |
| Paramount Residential Mortgage Group, Inc. | $1,685,000 | $1,515,000 | -10.1% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $2,470,000 | $1,505,000 | -39.1% | 0.2% |
| Discover Bank | $1,065,000 | $1,440,000 | 35.2% | 0.2% |
| RADIUS FINANCIAL GROUP INC. | $1,150,000 | $1,420,000 | 23.5% | 0.2% |
| HOMEXPRESS MORTGAGE CORP. | $750,000 | $1,410,000 | 88.0% | 0.2% |
| Ally Bank | $845,000 | $1,325,000 | 56.8% | 0.2% |
| Figure Lending LLC | $200,000 | $1,250,000 | 525.0% | 0.2% |
| OCMBC, INC. | $430,000 | $1,245,000 | 189.5% | 0.2% |
| Bank of America | $1,770,000 | $1,195,000 | -32.5% | 0.2% |
| NEW DAY FINANCIAL, LLC | $1,725,000 | $1,185,000 | -31.3% | 0.2% |
| Carrington Mortgage Services, LLC | $765,000 | $1,135,000 | 48.4% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $1,130,000 | n/a | 0.2% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,560,000 | $1,095,000 | -29.8% | 0.2% |
| NORTHPOINT MORTGAGE, INC. | $335,000 | $1,065,000 | 217.9% | 0.2% |
| AMERICAN HERITAGE LENDING, INC. | $1,060,000 | n/a | 0.2% | |
| T2 FINANCIAL LLC | $1,315,000 | $1,060,000 | -19.4% | 0.2% |
| HARBORONE MORTGAGE, LLC | $715,000 | $1,000,000 | 39.9% | 0.2% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $995,000 | n/a | 0.2% | |
| Down East Credit Union | $290,000 | $960,000 | 231.0% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $855,000 | n/a | 0.1% | |
| American Mortgage & Equity Consultants, Inc. | $425,000 | $835,000 | 96.5% | 0.1% |
| JPMorgan Chase Bank | $1,735,000 | $810,000 | -53.3% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $540,000 | $795,000 | 47.2% | 0.1% |
| The Huntington National Bank | $790,000 | n/a | 0.1% | |
| NORTHEAST CREDIT UNION | $785,000 | n/a | 0.1% | |
| Leader Bank | $205,000 | $780,000 | 280.5% | 0.1% |
| Coastal Community Bank | $640,000 | $775,000 | 21.1% | 0.1% |
| GUARANTEED RATE, INC. | $275,000 | $735,000 | 167.3% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $1,425,000 | $720,000 | -49.5% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $700,000 | n/a | 0.1% | |
| PNC Bank | $955,000 | $675,000 | -29.3% | 0.1% |
| PLANET HOME LENDING, LLC | $650,000 | n/a | 0.1% | |
| SIS BANCORP, MHC | $135,000 | $640,000 | 374.1% | 0.1% |
| Citadel Servicing Corporation | $620,000 | n/a | 0.1% | |
| NBKC BANK | $590,000 | n/a | 0.1% | |
| HOMESPIRE MORTGAGE CORPORATION | $535,000 | n/a | 0.1% | |
| DAS Acquisition Company, LLC | $570,000 | $530,000 | -7.0% | 0.1% |
| Flagstar Bank, FSB | $455,000 | $510,000 | 12.1% | 0.1% |
| First Mid Bank & Trust | $505,000 | n/a | 0.1% | |
| Cornerstone Bank | $485,000 | n/a | 0.1% | |
| ALLIED MORTGAGE GROUP, INC. | $470,000 | n/a | 0.1% | |
| GUARANTEED RATE AFFINITY, LLC | $305,000 | $470,000 | 54.1% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $555,000 | $470,000 | -15.3% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $465,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $460,000 | n/a | 0.1% | |
| Armed Forces Bank | $445,000 | n/a | 0.1% | |
| MOVEMENT MORTGAGE, LLC | $655,000 | $440,000 | -32.8% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $435,000 | n/a | 0.1% | |
| Home Loan Investment Bank, F.S.B. | $450,000 | $425,000 | -5.6% | 0.1% |
| Wells Fargo Bank | $5,105,000 | $415,000 | -91.9% | 0.1% |
| Northpointe Bank | $405,000 | n/a | 0.1% | |
| Bath Savings Institution | $300,000 | $390,000 | 30.0% | 0.1% |
| NEXERA HOLDING LLC | $390,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $1,015,000 | $370,000 | -63.5% | 0.1% |
| TOWN & COUNTRY FEDERAL CREDIT UNION | $455,000 | $365,000 | -19.8% | 0.1% |
| RBC Bank, (Georgia) | $360,000 | n/a | 0.1% | |
| EMM LOANS LLC | $105,000 | $355,000 | 238.1% | 0.1% |
| GENEVA FINANCIAL, LLC | $325,000 | n/a | 0.0% | |
| RUOFF MORTGAGE COMPANY, INC. | $320,000 | n/a | 0.0% | |
| Charles Schwab Bank, SSB | $315,000 | n/a | 0.0% | |
| Morgan Stanley Private Bank | $315,000 | n/a | 0.0% | |
| TRUCHOICE | $315,000 | n/a | 0.0% | |
| Farm Credit East, ACA | $310,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $305,000 | n/a | 0.0% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $295,000 | n/a | 0.0% | |
| NEW FED MORTGAGE, CORP. | $295,000 | n/a | 0.0% | |
| SALEM FIVE MORTGAGE COMPANY, LLC | $285,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL NETWORK, INC. | $625,000 | $280,000 | -55.2% | 0.0% |
| Avidia Bank | $265,000 | n/a | 0.0% | |
| Keystone Funding, Inc. | $265,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $195,000 | $265,000 | 35.9% | 0.0% |
| REV FEDERAL CREDIT UNION | $265,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $1,165,000 | $260,000 | -77.7% | 0.0% |
| MEGASTAR FINANCIAL CORP. | $455,000 | $245,000 | -46.2% | 0.0% |
| TruHome Solutions, LLC | $245,000 | n/a | 0.0% | |
| First Nebraska Bank | $235,000 | n/a | 0.0% | |
| Ameris Bank | $225,000 | n/a | 0.0% | |
| LENDSURE MORTGAGE CORP. | $225,000 | n/a | 0.0% | |
| NORTHEAST HOME LOAN, LLC | $420,000 | $225,000 | -46.4% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $215,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $215,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $215,000 | n/a | 0.0% | |
| Rockland Trust Company | $205,000 | n/a | 0.0% | |
| A&D Mortgage LLC | $310,000 | $195,000 | -37.1% | 0.0% |
| First National Bank Texas | $185,000 | n/a | 0.0% | |
| MAINE FAMILY | $175,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $485,000 | $175,000 | -63.9% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $255,000 | $165,000 | -35.3% | 0.0% |
| LIMA ONE CAPITAL, LLC | $165,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $145,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $135,000 | n/a | 0.0% | |
| TRIAD FINANCIAL SERVICES, INC. | $230,000 | $135,000 | -41.3% | 0.0% |
| 21ST MORTGAGE CORPORATION | $340,000 | $130,000 | -61.8% | 0.0% |
| Navigant Credit Union | $115,000 | n/a | 0.0% | |
| Baxter Credit Union | $105,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $85,000 | n/a | 0.0% | |
| Maine Community Bank | $775,000 | $85,000 | -89.0% | 0.0% |
| Norway Savings Bank | $530,000 | $75,000 | -85.8% | 0.0% |
| Saco & Biddeford Savings Institution | $75,000 | n/a | 0.0% | |
| First Federal Savings and Loan Association of Bath | $615,000 | $65,000 | -89.4% | 0.0% |
| FIRST TECHNOLOGY | $65,000 | n/a | 0.0% | |
| FIVE COUNTY | $65,000 | n/a | 0.0% | |
| Nations Lending Corporation | $125,000 | $65,000 | -48.0% | 0.0% |
| TRADEMARK | $65,000 | n/a | 0.0% | |
| WEBSTER FIRST Federal Credit Union | $65,000 | n/a | 0.0% | |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $225,000 | $45,000 | -80.0% | 0.0% |
| SPRING EQ, LLC | $275,000 | $35,000 | -87.3% | 0.0% |
| M&T Bank | $510,000 | $25,000 | -95.1% | 0.0% |
BANGOR's top lender by overall market share is Bangor Savings Bank, with 16.2% market share. In second place, with 7.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $46,025,000 in loans. In third place, with 5.6%, is QUICKEN LOANS, LLC, having originated $36,405,000 in loans. In fourth place, with 4.9%, is LEADERONE FINANCIAL CORPORATION, having originated $31,845,000 in loans. In fifth place, with 4.8%, is Maine Savings Federal Credit Union, having originated $31,305,000 in loans.
BANGOR, ME Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,667 | $428,355,000 | $256,962 |
| Cash Out Refi | 468 | $73,880,000 | $157,863 |
| Home Improvement | 418 | $38,430,000 | $91,938 |
| Refi | 406 | $80,300,000 | $197,783 |
| Other | 343 | $29,895,000 | $87,157 |
| NA | 1 | $285,000 | $285,000 |
Bangor's most frequently cited loan purpose was Home Purchase, with 1,667 originations. The 2nd most popular reason was Cash Out Refi, with 468 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 939 | $238,905,000 | $254,425 |
| 7-8% | 906 | $168,070,000 | $185,508 |
| Over 8% | 689 | $85,045,000 | $123,433 |
| 5-6% | 415 | $100,225,000 | $241,506 |
| 4-5% | 45 | $9,745,000 | $216,556 |
| <2.5% | 3 | $15,000 | $5,000 |
| 3-4% | 1 | $225,000 | $225,000 |
| 2.5-3% | 1 | $125,000 | $125,000 |
During 2024, Bangor's most frequently originated rate bucket was 6-7%, with 939 originations.
Loan Sizing (BANGOR, ME MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,225 | $338,375,000 | $276,224 |
| $100,000 or less | 947 | $53,115,000 | $56,088 |
| $100k-200k | 910 | $135,180,000 | $148,549 |
| $400k-600k | 175 | $81,835,000 | $467,629 |
| $600k-1000k | 40 | $29,700,000 | $742,500 |
| $Over $1MM | 6 | $12,940,000 | $2,156,667 |
BANGOR's loan sizing saw the bucket of loans from $200k-400k with 1,225 originations, totaling $338,375,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,124 | $303,660,000 | $270,160 |
| 60-80% | 628 | $156,940,000 | $249,904 |
| 20-40% | 499 | $48,695,000 | $97,585 |
| Under 20% | 401 | $20,895,000 | $52,107 |
| 40-60% | 252 | $46,490,000 | $184,484 |
| Over 100% | 42 | $13,390,000 | $318,810 |
BANGOR's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,124 originations, totaling $303,660,000 in origination value.