Norway Savings Bank
Norway Savings Bank received 964 applications in 2025 and made 640 mortgages, in 21 counties across 3 states. The median rate its borrowers got was 7.250% on a median loan of $240,000. Of 792 decisions, 149 were denials — 18.8%, most often for debt-to-income ratio. 123 of its applications carried no county and are counted here but on no county page.
| Legal Entity Identifier | 549300S32ZDD67D2FB46 |
|---|---|
| Applications received | 964 |
| Mortgages made | 640 |
| Denied | 149 |
| Approved, not taken up | 3 |
| Withdrawn or incomplete | 172 |
| Loans bought from other lenders | 0 |
| Median rate spread over the prime offer rate | 0.01 points |
| FDIC-insured bank | Yes: Norway Savings Bank, 25 offices |
By loan purpose
| Purpose | Mortgages made | Median rate | Median loan | Denied |
|---|---|---|---|---|
| Home purchase | 206 | 7.125% | $325,000 | 23.1% |
| Refinancing | 17 | 7.000% | $275,000 | 9.5% |
| Cash-out refinancing | 123 | 7.250% | $225,000 | 18.5% |
| Other purposes | 294 | 7.250% | $155,000 | 16.2% |
Where Norway Savings Bank lends most
The 21 counties where it made the most mortgages in 2025. Each county page ranks every lender there.
| County | Mortgages made | Median rate | Denied |
|---|---|---|---|
| Cumberland County, ME | 266 | 7.250% | 16.9% |
| Oxford County, ME | 173 | 7.250% | 20.6% |
| Androscoggin County, ME | 64 | 7.250% | 14.3% |
| York County, ME | 58 | 7.250% | 19.2% |
| Sagadahoc County, ME | 20 | 7.250% | 9.1% |
| Carroll County, NH | 17 | 7.250% | 19.1% |
| Kennebec County, ME | 10 | 7.188% | 54.6% |
| Franklin County, ME | 8 | Under 10 loans | 11.1% |
| Somerset County, ME | 5 | Under 10 loans | 0.0% |
| Knox County, ME | 3 | Under 10 loans | 25.0% |
| Hancock County, ME | 2 | Under 10 loans | 33.3% |
| Lincoln County, ME | 2 | Under 10 loans | 33.3% |
| Piscataquis County, ME | 2 | Under 10 loans | 0.0% |
| Washington County, ME | 2 | Under 10 loans | 0.0% |
| Merrimack County, NH | 2 | Under 10 loans | 0.0% |
| Aroostook County, ME | 1 | Under 10 loans | 0.0% |
| Penobscot County, ME | 1 | Under 10 loans | 0.0% |
| Waldo County, ME | 1 | Under 10 loans | 50.0% |
| Cheshire County, NH | 1 | Under 10 loans | 0.0% |
| Coos County, NH | 1 | Under 10 loans | 66.7% |
| Rockingham County, NH | 1 | Under 10 loans | 0.0% |
Get told when this changes
When Norway Savings Bank’s figures are published for the next year, or restated.
Double opt-in, one click to unsubscribe. We never sell or share the list, and we are not a lender, a broker or a lead generator: this is a notification about published data, not a sales call. Privacy.
Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.