COASTAL1 Credit Union · Massachusetts · 2025

COASTAL1 Credit Union in Massachusetts: approval rate, denial rate and rates (2025)

COASTAL1 Credit Union took 324 mortgage applications in Massachusetts in 2025, ranking #114 of 799 lenders active in the state. It originated 73.5% of them and denied 19.1% (20.5% of the applications it decided), against a statewide denial rate of 16.2%.

324Applicationsin MA
20.5%Decision denial ratestate 20.0%
6.75%Median ratestate 6.63%
$165,000Median loanstate $325,000
$56MVolume9 counties

COASTAL1 Credit Union in Massachusetts vs the state

19.1%Denial rate+2.93 pts vs state
20.5%Decision denial rate+0.51 pts vs state
73.5%Origination rate+10.86 pts vs state
6.75%Median rate+0.13 pts vs state
-1.19Rate spread (pts)-1.28 pts vs state
$145kMedian applicant income
238Loans originated
62Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202334425818.6%7.25%#107
202434525119.1%7.75%#102
202532423819.1%6.75%#114

What COASTAL1 Credit Union lends in Massachusetts

By loan purpose

Home purchase 37 11% · 5.4% denied
Refinance 97 30% · 10.3% denied
Cash-out refinance 12 4% · 16.7% denied
Home improvement 119 37% · 25.2% denied
Other / HELOC 59 18% · 30.5% denied

By loan type

Conventional 323 100% · 19.2% denied
VA 1 0% · 0.0% denied

Why it denied Massachusetts applicants

Credit history 23 37%
Debt-to-income ratio 15 24%
Collateral 9 15%
Incomplete application 9 15%
Other 4 6%
Insufficient cash 1 2%
Unverifiable information 1 2%

Where in Massachusetts

Counties with the most COASTAL1 Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bristol County 26520143 16.2%
Norfolk County 19118 42.1%
Plymouth County 1283 25.0%
Worcester County 1053 30.0%
Middlesex County 642 33.3%
Barnstable County 550 0.0%
Suffolk County 431 25.0%
Essex County 211 50.0%
Hampden 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: 324 applications in 2025, of which 238 were originated and 62 denied.

19.1% of all applications, or 20.5% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans COASTAL1 Credit Union originated in Massachusetts in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are COASTAL1 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