Baycoast Mortgage Company · Massachusetts · 2025

Baycoast Mortgage Company in Massachusetts: approval rate, denial rate and rates (2025)

Baycoast Mortgage Company took 783 mortgage applications in Massachusetts in 2025, ranking #62 of 799 lenders active in the state. It originated 76.3% of them and denied 5.5% (6.6% of the applications it decided), against a statewide denial rate of 16.2%.

783Applicationsin MA
6.6%Decision denial ratestate 20.0%
6.50%Median ratestate 6.63%
$435,000Median loanstate $325,000
$294MVolume14 counties

Baycoast Mortgage Company in Massachusetts vs the state

5.5%Denial rate-10.72 pts vs state
6.6%Decision denial rate-13.32 pts vs state
76.3%Origination rate+13.65 pts vs state
6.50%Median rate-0.13 pts vs state
-0.05Rate spread (pts)-0.14 pts vs state
$147kMedian applicant income
597Loans originated
43Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235914277.6%6.50%#69
20248236103.8%6.50%#53
20257835975.5%6.50%#62

What Baycoast Mortgage Company lends in Massachusetts

By loan purpose

Home purchase 474 61% · 3.8% denied
Refinance 182 23% · 4.4% denied
Cash-out refinance 104 13% · 14.4% denied
Home improvement 10 1% · 20.0% denied
Other / HELOC 13 2% · 0.0% denied

By loan type

Conventional 694 89% · 4.5% denied
FHA 67 9% · 16.4% denied
VA 22 3% · 4.6% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 18 42%
Credit history 7 16%
Other 6 14%
Insufficient cash 4 9%
Collateral 4 9%
Unverifiable information 3 7%
Employment history 1 2%

Where in Massachusetts

Counties with the most Baycoast Mortgage Company applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bristol County 46335626 5.6%
Worcester County 69493 4.3%
Plymouth County 53395 9.4%
Norfolk County 52392 3.8%
Dukes County 35292 5.7%
Middlesex County 35241 2.9%
Suffolk County 28212 7.1%
Essex County 18142 11.1%
Barnstable County 17160 0.0%
Hampden County 650 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: 783 applications in 2025, of which 597 were originated and 43 denied.

5.5% of all applications, or 6.6% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Baycoast Mortgage Company originated in Massachusetts in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Baycoast Mortgage Company'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