American Heritage Lending · Massachusetts · 2025

American Heritage Lending in Massachusetts: approval rate, denial rate and rates (2025)

American Heritage Lending took 182 mortgage applications in Massachusetts in 2025, ranking #171 of 799 lenders active in the state. It originated 42.3% of them and denied 6.0% (8.6% of the applications it decided), against a statewide denial rate of 16.2%.

182Applicationsin MA
8.6%Decision denial ratestate 20.0%
7.50%Median ratestate 6.63%
$500,000Median loanstate $325,000
$41MVolume13 counties

American Heritage Lending in Massachusetts vs the state

6.0%Denial rate-10.17 pts vs state
8.6%Decision denial rate-11.36 pts vs state
42.3%Origination rate-20.29 pts vs state
7.50%Median rate+0.88 pts vs state
1.27Rate spread (pts)+1.17 pts vs state
$211kMedian applicant income
77Loans originated
11Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023874710.3%8.88%#250
2024136876.6%7.88%#194
2025182776.0%7.50%#171

What American Heritage Lending lends in Massachusetts

By loan purpose

Home purchase 76 42% · 5.3% denied
Refinance 33 18% · 0.0% denied
Cash-out refinance 73 40% · 9.6% denied

By loan type

Conventional 182 100% · 6.0% denied

Why it denied Massachusetts applicants

Other 6 55%
Collateral 4 36%
Debt-to-income ratio 1 9%

Where in Massachusetts

Counties with the most American Heritage Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Suffolk County 3492 5.9%
Middlesex County 31113 9.7%
Worcester County 29132 6.9%
Norfolk County 19101 5.3%
Bristol County 1461 7.1%
Hampden County 1480 0.0%
Essex County 1350 0.0%
Plymouth County 1060 0.0%
Berkshire County 521 20.0%
Hampshire County 440 0.0%

Other large lenders in Massachusetts

LenderGradeApplicationsDenial rateMedian rate
Citizens BankC 17,47629.0%7.40%
Rocket MortgageC 8,69815.9%6.75%
Bank of AmericaF 7,78430.1%5.99%
Guaranteed RateB 7,3134.5%6.50%
Eastern BankB 6,21631.8%6.99%
Rockland TrustC 5,99028.6%6.99%
Leader BankA 5,9131.8%6.25%
United Shore Financial ServicesB 5,89812.8%6.50%
Crosscountry MortgageB 5,6343.8%6.63%
TD BankD 3,77826.9%7.44%

Frequently asked questions

Massachusetts: 182 applications in 2025, of which 77 were originated and 11 denied.

6.0% of all applications, or 8.6% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans American Heritage Lending originated in Massachusetts in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are American Heritage Lending'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