BNY Mellon in Massachusetts vs the state
3.5%Denial rate-12.76 pts vs state
3.8%Decision denial rate-16.18 pts vs state
87.9%Origination rate+25.33 pts vs state
5.75%Median rate-0.88 pts vs state
-0.25Rate spread (pts)-0.34 pts vs state
$508kMedian applicant income
51Loans originated
2Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 66 | 57 | 3.0% | 5.63% | #280 |
| 2024 | 54 | 38 | 7.4% | 6.19% | #309 |
| 2025 | 58 | 51 | 3.5% | 5.75% | #304 |
What BNY Mellon lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most BNY Mellon applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Barnstable County | 11 | 9 | 0 | 0.0% |
| Middlesex County | 11 | 10 | 0 | 0.0% |
| Essex County | 10 | 10 | 0 | 0.0% |
| Suffolk County | 8 | 7 | 1 | 12.5% |
| Norfolk County | 5 | 3 | 0 | 0.0% |
| Plymouth County | 4 | 4 | 0 | 0.0% |
| Dukes County | 3 | 3 | 0 | 0.0% |
| Nantucket County | 3 | 2 | 1 | 33.3% |
| Worcester County | 1 | 1 | 0 | 0.0% |
| Franklin 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: 58 applications in 2025, of which 51 were originated and 2 denied.
3.5% of all applications, or 3.8% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans BNY Mellon originated in Massachusetts in 2025 was 5.75%, against a statewide median of 6.63%.
About this data. Figures are BNY Mellon'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