City Of Boston Credit Union · Massachusetts · 2025

City Of Boston Credit Union in Massachusetts: approval rate, denial rate and rates (2025)

City Of Boston Credit Union took 140 mortgage applications in Massachusetts in 2025, ranking #214 of 799 lenders active in the state. It originated 37.9% of them and denied 31.4% (44.0% of the applications it decided), against a statewide denial rate of 16.2%.

140Applicationsin MA
44.0%Decision denial ratestate 20.0%
Median ratestate 6.63%
$105,000Median loanstate $325,000
$6.4MVolume8 counties

City Of Boston Credit Union in Massachusetts vs the state

31.4%Denial rate+15.22 pts vs state
44.0%Decision denial rate+24.05 pts vs state
37.9%Origination rate-24.74 pts vs state
Median rate
Rate spread (pts)
$151kMedian applicant income
53Loans originated
44Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023130997.7%#202
2024843931.0%#258
20251405331.4%#214

What City Of Boston Credit Union lends in Massachusetts

By loan purpose

Home purchase 19 14% · 26.3% denied
Refinance 11 8% · 36.4% denied
Cash-out refinance 39 28% · 23.1% denied
Home improvement 39 28% · 41.0% denied
Other / HELOC 32 23% · 31.3% denied

By loan type

Conventional 140 100% · 31.4% denied

Where in Massachusetts

Counties with the most City Of Boston Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Suffolk County 732724 32.9%
Norfolk County 321311 34.4%
Plymouth County 1364 30.8%
Bristol County 834 50.0%
Middlesex County 610 0.0%
Worcester County 420 0.0%
Barnstable County 210 0.0%
Essex County 101 100.0%

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: 140 applications in 2025, of which 53 were originated and 44 denied.

31.4% of all applications, or 44.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are City Of Boston Credit Union'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