Armed Forces Bank in Massachusetts vs the state
29.2%Denial rate+12.96 pts vs state
38.9%Decision denial rate+18.94 pts vs state
45.8%Origination rate-16.77 pts vs state
6.25%Median rate-0.38 pts vs state
-0.31Rate spread (pts)-0.40 pts vs state
$163kMedian applicant income
11Loans originated
7Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 18 | 10 | 5.6% | 6.50% | #395 |
| 2024 | 18 | 7 | 11.1% | 5.75% | #409 |
| 2025 | 24 | 11 | 29.2% | 6.25% | #401 |
What Armed Forces Bank lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Armed Forces Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 5 | 3 | 1 | 20.0% |
| Plymouth County | 4 | 1 | 2 | 50.0% |
| Bristol County | 3 | 0 | 1 | 33.3% |
| Norfolk County | 3 | 2 | 1 | 33.3% |
| Suffolk County | 2 | 1 | 1 | 50.0% |
| Worcester County | 2 | 2 | 0 | 0.0% |
| Essex County | 2 | 1 | 0 | 0.0% |
| Franklin County | 1 | 1 | 0 | 0.0% |
| Berkshire County | 1 | 0 | 1 | 100.0% |
| Barnstable County | 1 | 0 | 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: 24 applications in 2025, of which 11 were originated and 7 denied.
29.2% of all applications, or 38.9% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Armed Forces Bank originated in Massachusetts in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Armed Forces Bank'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