Bluestone Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
46th10.8% deniedProcesswithdrawn + incomplete share, weight 15%
24th18.2%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 645 | 426 | 14.7% | 18.0% | 6.88% | $182M |
| 2024 | 310 | 207 | 10.3% | 13.0% | 6.75% | $122M |
| 2025 | 352 | 253 | 8.8% | 10.8% | — | $144M |
What Bluestone Bank 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: 0 home-equity lines, 0 reverse mortgages, 25 manufactured homes, 73 investment properties.
Who gets approved at Bluestone Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 73 | 50 | 15.3% |
| $100k – $150k | 86 | 63 | 7.1% |
| $150k – $250k | 85 | 62 | 8.7% |
| Over $250k | 51 | 35 | 5.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 71 | 54 | 1.8% |
| 35–44 | 67 | 49 | 7.4% |
| 45–54 | 48 | 33 | 20.9% |
| 55–64 | 58 | 38 | 19.2% |
| 65–74 | 37 | 28 | 6.7% |
Where Bluestone Bank lends
3 states and 13 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Massachusetts | 336 | 242 | 8.3% | — | #109 |
| Rhode Island | 15 | 11 | 20.0% | — | #165 |
Frequently asked questions
Bluestone Bank denied 10.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 46th percentile of small mortgage lenders.
In 2025, 59% of its applications were for home purchases, 30% for refinancing (including cash-out), and 11% for home improvement or other purposes. By loan type: 98% conventional, 1% FHA, 1% 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.