# Kennebec Savings Bank

> **Canonical URL:** https://saferate.com/lenders/kennebec-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


Kennebec Savings Bank is a bank, headquartered in Augusta, ME, with 388 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 52% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 34% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 254900CEBR2F5Y0F1A15
- **Headquarters:** Augusta, ME
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** ME
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 48/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 66/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.582%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $59
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 388
- **Dollar Volume:** $109 million
- **Applications Received:** 545
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $281,082
- **Average Borrower Income:** $171,325
- **Average Property Value:** $403,634

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 63/100 | 382 | +0.592% | $60 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 298 loans, Score: 62/100 (Strong)
- Refinance: 84 loans, Score: 64/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 59/100 | 303 | $91M | +0.595% | Sound ☺️ |
| Refinance | 62/100 | 85 | $18M | +0.542% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| ME | 388 | 2.53% | 89/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 320 | 73/100 |
| Portland | ME | 36 | 63/100 |
| Lewiston | ME | 23 | 62/100 |

## Where This Lender Ranks

Kennebec Savings Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥉 **#3** in Lewiston for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/lewiston/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#7** in Maine Banks
  - [View Full Rankings](https://saferate.com/maine/best-mortgage-lenders/banks)
- 🏆 **#8** in Lewiston
  - [View Full Rankings](https://saferate.com/lewiston/best-mortgage-lenders)
- 🏆 **#9** in Maine
  - [View Full Rankings](https://saferate.com/maine/best-mortgage-lenders)
- 🏆 **#9** in Maine for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/maine/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#10** in Portland Banks
  - [View Full Rankings](https://saferate.com/portland/best-mortgage-lenders/banks)
- 🏆 **#12** in Lewiston for Conventional Loans
  - [View Full Rankings](https://saferate.com/lewiston/best-mortgage-lenders/conventional-loans)
- 🏆 **#14** in Maine for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/maine/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#15** in Portland for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/portland/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#18** in Maine for Conventional Loans
  - [View Full Rankings](https://saferate.com/maine/best-mortgage-lenders/conventional-loans)
- 🏆 **#19** in Maine for Jumbo Loans
  - [View Full Rankings](https://saferate.com/maine/best-mortgage-lenders/jumbo-loans)
- 🏆 **#20** in Portland
  - [View Full Rankings](https://saferate.com/portland/best-mortgage-lenders)

## Frequently Asked Questions

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

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

### Where does Kennebec Savings Bank offer mortgages?

Kennebec Savings Bank offers mortgages in 1 states: ME.

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

Kennebec Savings Bank has a pricing score of 48/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.582% above market average.

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

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

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

Kennebec Savings Bank has a pull-through score of 66/100 (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/kennebec-savings-bank

### How to Cite

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

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