Better Mortgage in Massachusetts vs the state
32.4%Denial rate+16.23 pts vs state
54.9%Decision denial rate+34.99 pts vs state
25.4%Origination rate-37.16 pts vs state
8.25%Median rate+1.63 pts vs state
1.04Rate spread (pts)+0.94 pts vs state
$170kMedian applicant income
218Loans originated
278Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 153 | 50 | 5.2% | 6.13% | #185 |
| 2024 | 265 | 80 | 11.7% | 6.50% | #123 |
| 2025 | 857 | 218 | 32.4% | 8.25% | #55 |
What Better Mortgage lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Better Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 221 | 66 | 59 | 26.7% |
| Worcester County | 102 | 21 | 41 | 40.2% |
| Essex County | 100 | 24 | 34 | 34.0% |
| Norfolk County | 98 | 22 | 31 | 31.6% |
| Suffolk County | 96 | 18 | 30 | 31.3% |
| Plymouth County | 64 | 16 | 20 | 31.3% |
| Bristol County | 60 | 14 | 22 | 36.7% |
| Barnstable County | 42 | 16 | 15 | 35.7% |
| Hampden County | 35 | 11 | 11 | 31.4% |
| Berkshire County | 15 | 3 | 7 | 46.7% |
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: 857 applications in 2025, of which 218 were originated and 278 denied.
32.4% of all applications, or 54.9% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Better Mortgage originated in Massachusetts in 2025 was 8.25%, against a statewide median of 6.63%.
About this data. Figures are Better Mortgage'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