# Androscoggin Savings Bank

> **Canonical URL:** https://saferate.com/lenders/androscoggin-savings-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Androscoggin Savings Bank is a bank, headquartered in Lewiston, ME, serving borrowers across 2 states, with 241 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 31% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 29% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300DDRY04AJC3ZZ52
- **Headquarters:** Lewiston, ME
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** ME, NH
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 69/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 71/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.127%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,846
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 241
- **Dollar Volume:** $112 million
- **Applications Received:** 299
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $465,373
- **Average Borrower Income:** $240,714
- **Average Property Value:** $641,805

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (64%)
- ⭐ **Purchase Gold Superstar** (64%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 57/100 | 223 | +0.115% | $1,800 | Sound ☺️ |
| Jumbo | 67/100 | 15 | +0.477% | $2,957 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 206 loans, Score: 59/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 58/100 | 224 | $107M | +0.164% | Sound ☺️ |
| Refinance | 37/100 | 17 | $5M | -0.346% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| ME | 240 | 1.56% | 84/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Portland | ME | 164 | 88/100 |
| Non |  | 58 | 49/100 |
| Lewiston | ME | 17 | 57/100 |

## Where This Lender Ranks

Androscoggin Savings Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Maine
  - [View Full Rankings](https://saferate.com/maine/best-mortgage-lenders)
- 🥉 **#3** in Maine Banks
  - [View Full Rankings](https://saferate.com/maine/best-mortgage-lenders/banks)
- 🥉 **#3** in Maine for Jumbo Loans
  - [View Full Rankings](https://saferate.com/maine/best-mortgage-lenders/jumbo-loans)
- 🥉 **#3** in Maine for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/maine/best-mortgage-lenders/banks/jumbo-loans)
- 🥉 **#3** in Portland Banks
  - [View Full Rankings](https://saferate.com/portland/best-mortgage-lenders/banks)
- 🥉 **#3** in Portland for Jumbo Loans
  - [View Full Rankings](https://saferate.com/portland/best-mortgage-lenders/jumbo-loans)
- 🥉 **#3** in Portland for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/portland/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#4** in Portland
  - [View Full Rankings](https://saferate.com/portland/best-mortgage-lenders)
- 🏆 **#4** in Lewiston for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/lewiston/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#5** in Portland for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/portland/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#6** in Maine for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/maine/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#9** in Maine for Conventional Loans
  - [View Full Rankings](https://saferate.com/maine/best-mortgage-lenders/conventional-loans)
- 🏆 **#9** in Portland for Conventional Loans
  - [View Full Rankings](https://saferate.com/portland/best-mortgage-lenders/conventional-loans)
- 🏆 **#13** in Lewiston for Conventional Loans
  - [View Full Rankings](https://saferate.com/lewiston/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does Androscoggin Savings Bank offer?

Androscoggin Savings Bank offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Androscoggin Savings Bank offer mortgages?

Androscoggin Savings Bank offers mortgages in 2 states: ME, NH.

### How competitive are Androscoggin Savings Bank's mortgage rates?

Androscoggin Savings Bank has a pricing score of 69/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.127% above market average.

### What type of lender is Androscoggin Savings Bank?

Androscoggin Savings Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Lewiston, ME.

### What is Androscoggin Savings Bank's loan approval success rate?

Androscoggin Savings Bank has a pull-through score of 71/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/androscoggin-savings-bank

### How to Cite

> "Androscoggin Savings Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/androscoggin-savings-bank

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