What loan types does First National Bank offer?

First National Bank offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing score and performance metrics.

Where does First National Bank offer mortgages?

First National Bank offers mortgages in 1 states: ME.

How competitive are First National Bank's mortgage rates?

First National Bank has an overall pricing score of 31.7/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is First National Bank?

First National Bank is a Bank headquartered in Damariscotta, ME.

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First National Bank

Bank•Damariscotta, MEHQ•Direct•Reviews near you on Google

First National Bank has 197 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Acceptable

2/5

vs. all lenders

Pull-through

Strong

4/5

closing strength

Product

Sound

3/5

Conventional · Jumbo

Place

Sound

3/5

Single State · 1 mkts

Summary

What They Do Well

Strong pull through performance

Things to Think About

Rates typically 61 basis points above market average

Explore another lender or local market

Report Card

First National Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Acceptable

+61.3 bps above market avg

Pull Through

Closing strength

Strong

Top 40% of lenders

By Loan Product· Specialization by type

Conventional

Sound

Top 60% of lenders

Jumbo

Sound

Top 60% of lenders

By Loan Purpose· Transaction purpose mix

Purchase

Sound

Top 60% of lenders

Refinance

Sound

Top 60% of lenders

By Location· Geographic coverage

Geographic Reach

Single State · 2 markets

Sound

Top 60% of lenders

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Sound	Acceptable	Sound	184	93.4%	+0.659%Above	$599Fees
Jumbo Loans	Sound	Sound	—	—	11	5.6%	+0.320%Above	$636Fees

Conventional

Overall

Sound

Product

Sound

Pricing

Acceptable

Pull Through

Sound

Volume184

Mix93.4%

Spread

+0.659%Above

Fees

$599Fees

Jumbo Loans

Overall

Sound

Product

Sound

Pricing—

Pull Through—

Volume11

Mix5.6%

Spread

+0.320%Above

Fees

$636Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Sound	Acceptable	Sound	171	86.8%	+0.607%Above	$593Fees
Refinance	Acceptable	Sound	Mediocre	Sound	26	13.2%	+0.637%Above	$630Fees

Purchase

Overall

Sound

Product

Sound

Pricing

Acceptable

Pull Through

Sound

Volume171

Mix86.8%

Spread

+0.607%Above

Fees

$593Fees

Refinance

Overall

Acceptable

Product

Sound

Pricing

Mediocre

Pull Through

Sound

Volume26

Mix13.2%

Spread

+0.637%Above

Fees

$630Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

197

Applications

251

Volume

$67 million

Pricing & Closing

Avg Rate Spread

+0.613%

vs. market APOR

Avg Net Fees

$601

Origination − Credits

Pullthrough Rate

78.5%

Applications → Closed

Typical Borrower

Avg Loan Amount

$340,381

Avg Borrower Income

$221,198

Avg Property Value

$539,670

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Sound

3/5

States with Loan Originations

Northeast1

Top Metro Areas by Place Specialization Score

Bangor, MEMetro

Volume 10Mix 5.08% of portfolio

45/100

Sound

Top States by Place Specialization Score

MaineState

Volume 175Mix 88.83% of portfolio

80/100

Exceptional

How We Rank Lenders

Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.

Our Point System (Max 30 Points)

10/ 30 pts

Pricing

Rate and fee competitiveness (33%)

10/ 30 pts

Pull Through

Reliability in closing loans (33%)

10/ 30 pts

Product

Specialization in the loan type (33%)

💎

Champion(80%+ = 24-30 points)

⭐

Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.