American Financing in Massachusetts vs the state
41.6%Denial rate+25.37 pts vs state
59.0%Decision denial rate+39.01 pts vs state
18.4%Origination rate-44.18 pts vs state
5.88%Median rate-0.75 pts vs state
0.06Rate spread (pts)-0.03 pts vs state
$110kMedian applicant income
35Loans originated
79Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 87 | 7 | 37.9% | 6.63% | #249 |
| 2024 | 155 | 26 | 54.8% | 6.00% | #180 |
| 2025 | 190 | 35 | 41.6% | 5.88% | #167 |
What American Financing lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most American Financing applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Worcester County | 30 | 9 | 6 | 20.0% |
| Bristol County | 27 | 3 | 13 | 48.1% |
| Plymouth County | 22 | 1 | 12 | 54.5% |
| Essex County | 21 | 6 | 6 | 28.6% |
| Middlesex County | 19 | 6 | 5 | 26.3% |
| Hampden County | 15 | 2 | 9 | 60.0% |
| Barnstable County | 15 | 4 | 6 | 40.0% |
| Norfolk County | 13 | 1 | 9 | 69.2% |
| Suffolk County | 11 | 1 | 5 | 45.5% |
| Berkshire County | 7 | 0 | 3 | 42.9% |
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: 190 applications in 2025, of which 35 were originated and 79 denied.
41.6% of all applications, or 59.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans American Financing originated in Massachusetts in 2025 was 5.88%, against a statewide median of 6.63%.
About this data. Figures are American Financing'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