bankESB at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
56th8.2% deniedPricingmedian rate spread over APOR, weight 30%
90th-0.14 ptsProcesswithdrawn + incomplete share, weight 15%
74th12.0%Closing coststotal loan costs ÷ loan amount, weight 10%
77th1.57% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,352 | 1,008 | 11.8% | 13.3% | 6.05% | $417M |
| 2024 | 1,587 | 1,200 | 10.4% | 11.9% | 6.38% | $369M |
| 2025 | 2,035 | 1,618 | 7.2% | 8.2% | 6.13% | $540M |
What bankESB lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 668 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 153 investment properties.
Why bankESB denies applications
Primary reason reported for each of the 146 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at bankESB
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 97 | 58 | 31.0% |
| $50k – $100k | 534 | 407 | 11.9% |
| $100k – $150k | 529 | 423 | 6.7% |
| $150k – $250k | 487 | 410 | 4.2% |
| Over $250k | 350 | 286 | 3.7% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 40 | 31 | 8.8% |
| 25–34 | 398 | 336 | 4.8% |
| 35–44 | 448 | 360 | 6.7% |
| 45–54 | 379 | 310 | 8.5% |
| 55–64 | 424 | 316 | 13.7% |
| 65–74 | 229 | 181 | 6.5% |
| Over 74 | 101 | 69 | 8.5% |
Where bankESB lends
7 states and 52 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Massachusetts | 1,770 | 1,399 | 7.5% | 6.13% | #24 |
| Connecticut | 121 | 99 | 7.4% | 5.99% | #154 |
| Rhode Island | 69 | 55 | 4.4% | 6.13% | #80 |
| New Hampshire | 46 | 40 | 2.2% | 6.19% | #139 |
| Maine | 13 | 10 | 0.0% | 6.56% | #193 |
| Florida | 11 | 10 | 0.0% | 6.44% | #887 |
| Vermont | 5 | 5 | 0.0% | 6.88% | #149 |
Frequently asked questions
bankESB denied 8.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 56th percentile of mid-size mortgage lenders.
The most common reason bankESB gave in 2025 was "debt-to-income ratio", cited on 54.8% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans bankESB originated in 2025 was 6.13%, and its median rate spread over the average prime offer rate was -0.14 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 49% of its applications were for home purchases, 20% for refinancing (including cash-out), and 31% for home improvement or other purposes. By loan type: 98% conventional, 2% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.