Cambridge Savings Bank · Massachusetts · 2025

Cambridge Savings Bank in Massachusetts: approval rate, denial rate and rates (2025)

Cambridge Savings Bank took 1,289 mortgage applications in Massachusetts in 2025, ranking #38 of 799 lenders active in the state. It originated 80.5% of them and denied 6.4% (7.3% of the applications it decided), against a statewide denial rate of 16.2%.

1.3kApplicationsin MA
7.3%Decision denial ratestate 20.0%
6.49%Median ratestate 6.63%
$425,000Median loanstate $325,000
$556MVolume13 counties

Cambridge Savings Bank in Massachusetts vs the state

6.4%Denial rate-9.77 pts vs state
7.3%Decision denial rate-12.62 pts vs state
80.5%Origination rate+17.85 pts vs state
6.49%Median rate-0.13 pts vs state
-0.16Rate spread (pts)-0.25 pts vs state
$200kMedian applicant income
1,037Loans originated
83Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,16788010.7%6.13%#32
20241,1378778.5%6.75%#41
20251,2891,0376.4%6.49%#38

What Cambridge Savings Bank lends in Massachusetts

By loan purpose

Home purchase 816 63% · 3.8% denied
Refinance 147 11% · 8.2% denied
Cash-out refinance 120 9% · 7.5% denied
Home improvement 104 8% · 16.4% denied
Other / HELOC 102 8% · 13.7% denied

By loan type

Conventional 1,287 100% · 6.5% denied
VA 2 0% · 0.0% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 49 59%
Other 13 16%
Collateral 13 16%
Credit history 8 10%

Where in Massachusetts

Counties with the most Cambridge Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 62751231 4.9%
Suffolk County 30825520 6.5%
Norfolk County 115887 6.1%
Essex County 1118711 9.9%
Worcester County 63475 7.9%
Plymouth County 29186 20.7%
Barnstable County 17152 11.8%
Bristol County 1080 0.0%
Hampden County 320 0.0%
Dukes County 321 33.3%

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: 1,289 applications in 2025, of which 1,037 were originated and 83 denied.

6.4% of all applications, or 7.3% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Cambridge Savings Bank originated in Massachusetts in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are Cambridge Savings Bank'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