Axos Bank · Massachusetts · 2025

Axos Bank in Massachusetts: approval rate, denial rate and rates (2025)

Axos Bank took 25 mortgage applications in Massachusetts in 2025, ranking #398 of 799 lenders active in the state. It originated 48.0% of them and denied 8.0% (14.3% of the applications it decided), against a statewide denial rate of 16.2%.

25Applicationsin MA
14.3%Decision denial ratestate 20.0%
7.13%Median ratestate 6.63%
$715,000Median loanstate $325,000
$20MVolume9 counties

Axos Bank in Massachusetts vs the state

8.0%Denial rate-8.21 pts vs state
14.3%Decision denial rate-5.66 pts vs state
48.0%Origination rate-14.60 pts vs state
7.13%Median rate+0.50 pts vs state
-0.04Rate spread (pts)-0.13 pts vs state
$305kMedian applicant income
12Loans originated
2Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202326834.6%6.88%#369
2024341217.7%7.88%#351
202525128.0%7.13%#398

What Axos Bank lends in Massachusetts

By loan purpose

Home purchase 9 36% · 0.0% denied
Refinance 4 16% · 0.0% denied
Cash-out refinance 5 20% · 20.0% denied
Home improvement 5 20% · 20.0% denied
Other / HELOC 2 8% · 0.0% denied

By loan type

Conventional 25 100% · 8.0% denied

Why it denied Massachusetts applicants

Credit history 2 100%

Where in Massachusetts

Counties with the most Axos Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 640 0.0%
Essex County 521 20.0%
Barnstable County 420 0.0%
Suffolk County 321 33.3%
Norfolk County 210 0.0%
Plymouth County 200 0.0%
Berkshire County 100 0.0%
Nantucket County 110 0.0%
Worcester County 100 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: 25 applications in 2025, of which 12 were originated and 2 denied.

8.0% of all applications, or 14.3% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Axos Bank originated in Massachusetts in 2025 was 7.13%, against a statewide median of 6.63%.

About this data. Figures are Axos 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