BankNewport in Massachusetts vs the state
30.9%Denial rate+14.65 pts vs state
36.2%Decision denial rate+16.28 pts vs state
54.3%Origination rate-8.28 pts vs state
6.74%Median rate+0.12 pts vs state
-0.07Rate spread (pts)-0.16 pts vs state
$159kMedian applicant income
44Loans originated
25Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 97 | 67 | 18.6% | 5.75% | #232 |
| 2024 | 88 | 59 | 14.8% | 6.99% | #251 |
| 2025 | 81 | 44 | 30.9% | 6.74% | #274 |
What BankNewport lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most BankNewport applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bristol County | 45 | 26 | 14 | 31.1% |
| Middlesex County | 12 | 5 | 4 | 33.3% |
| Norfolk County | 6 | 4 | 2 | 33.3% |
| Suffolk County | 5 | 3 | 2 | 40.0% |
| Plymouth County | 5 | 3 | 1 | 20.0% |
| Worcester County | 4 | 1 | 1 | 25.0% |
| Hampden County | 3 | 1 | 1 | 33.3% |
| Barnstable County | 1 | 1 | 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: 81 applications in 2025, of which 44 were originated and 25 denied.
30.9% of all applications, or 36.2% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans BankNewport originated in Massachusetts in 2025 was 6.74%, against a statewide median of 6.63%.
About this data. Figures are BankNewport'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