Baxter Credit Union · Massachusetts · 2025

Baxter Credit Union in Massachusetts: approval rate, denial rate and rates (2025)

Baxter Credit Union took 85 mortgage applications in Massachusetts in 2025, ranking #266 of 799 lenders active in the state. It originated 64.7% of them and denied 8.2% (8.4% of the applications it decided), against a statewide denial rate of 16.2%.

85Applicationsin MA
8.4%Decision denial ratestate 20.0%
6.75%Median ratestate 6.63%
$245,000Median loanstate $325,000
$30MVolume12 counties

Baxter Credit Union in Massachusetts vs the state

8.2%Denial rate-7.97 pts vs state
8.4%Decision denial rate-11.52 pts vs state
64.7%Origination rate+2.11 pts vs state
6.75%Median rate+0.13 pts vs state
0.03Rate spread (pts)-0.06 pts vs state
$231kMedian applicant income
55Loans originated
7Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202354359.3%7.63%#300
202472534.2%7.75%#274
202585558.2%6.75%#266

What Baxter Credit Union lends in Massachusetts

By loan purpose

Home purchase 35 41% · 0.0% denied
Refinance 4 5% · 0.0% denied
Cash-out refinance 8 9% · 0.0% denied
Home improvement 25 29% · 8.0% denied
Other / HELOC 13 15% · 38.5% denied

By loan type

Conventional 85 100% · 8.2% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 4 57%
Credit history 3 43%

Where in Massachusetts

Counties with the most Baxter Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 32221 3.1%
Worcester County 16122 12.5%
Norfolk County 842 25.0%
Essex County 630 0.0%
Suffolk County 541 20.0%
Barnstable County 540 0.0%
Hampden County 530 0.0%
Bristol County 200 0.0%
Berkshire County 211 50.0%
Plymouth County 200 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: 85 applications in 2025, of which 55 were originated and 7 denied.

8.2% of all applications, or 8.4% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Baxter Credit Union originated in Massachusetts in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Baxter Credit Union'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