American Financial Resources in Massachusetts vs the state
8.6%Denial rate-7.62 pts vs state
10.1%Decision denial rate-9.86 pts vs state
76.6%Origination rate+13.96 pts vs state
6.49%Median rate-0.13 pts vs state
0.37Rate spread (pts)+0.27 pts vs state
$132kMedian applicant income
98Loans originated
11Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 31 | 14 | 25.8% | 7.13% | #352 |
| 2024 | 61 | 41 | 6.6% | 6.75% | #296 |
| 2025 | 128 | 98 | 8.6% | 6.49% | #221 |
What American Financial Resources lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most American Financial Resources applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Worcester County | 27 | 20 | 3 | 11.1% |
| Plymouth County | 22 | 17 | 1 | 4.5% |
| Norfolk County | 15 | 10 | 2 | 13.3% |
| Middlesex County | 13 | 12 | 1 | 7.7% |
| Bristol County | 11 | 9 | 1 | 9.1% |
| Essex County | 10 | 10 | 0 | 0.0% |
| Suffolk County | 10 | 6 | 2 | 20.0% |
| Hampden County | 9 | 6 | 1 | 11.1% |
| Barnstable County | 5 | 3 | 0 | 0.0% |
| Franklin County | 2 | 2 | 0 | 0.0% |
Other large lenders in Massachusetts
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 17,476 | 29.0% | 7.40% |
| Rocket Mortgage | C | 8,698 | 15.9% | 6.75% |
| Bank of America | F | 7,784 | 30.1% | 5.99% |
| Guaranteed Rate | B | 7,313 | 4.5% | 6.50% |
| Eastern Bank | B | 6,216 | 31.8% | 6.99% |
| Rockland Trust | C | 5,990 | 28.6% | 6.99% |
| Leader Bank | A | 5,913 | 1.8% | 6.25% |
| United Shore Financial Services | B | 5,898 | 12.8% | 6.50% |
| Crosscountry Mortgage | B | 5,634 | 3.8% | 6.63% |
| TD Bank | D | 3,778 | 26.9% | 7.44% |
Frequently asked questions
Massachusetts: 128 applications in 2025, of which 98 were originated and 11 denied.
8.6% of all applications, or 10.1% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans American Financial Resources originated in Massachusetts in 2025 was 6.49%, against a statewide median of 6.63%.
About this data. Figures are American Financial Resources's own HMDA filing for properties located in Massachusetts, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology