Dedham Institution for Savings at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A 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%
77th4.2% deniedPricingmedian rate spread over APOR, weight 30%
89th-0.13 ptsProcesswithdrawn + incomplete share, weight 15%
55th10.5%Closing coststotal loan costs ÷ loan amount, weight 10%
91st0.72% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 467 | 366 | 3.6% | 4.4% | 6.25% | $302M |
| 2024 | 380 | 295 | 6.1% | 7.1% | 6.63% | $294M |
| 2025 | 373 | 311 | 3.8% | 4.2% | 6.38% | $297M |
What Dedham Institution for Savings 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, 1 manufactured homes, 94 investment properties.
Why Dedham Institution for Savings denies applications
Primary reason reported for each of the 14 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Dedham Institution for Savings
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 37 | 21 | 18.5% |
| $100k – $150k | 48 | 42 | 6.7% |
| $150k – $250k | 107 | 90 | 2.1% |
| Over $250k | 100 | 82 | 3.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 92 | 81 | 1.2% |
| 35–44 | 63 | 51 | 8.9% |
| 45–54 | 51 | 40 | 6.8% |
| 55–64 | 52 | 40 | 0.0% |
| 65–74 | 27 | 19 | 9.5% |
Where Dedham Institution for Savings lends
4 states and 15 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Massachusetts | 359 | 300 | 3.9% | 6.38% | #102 |
| New Hampshire | 6 | 4 | 0.0% | 6.06% | #313 |
| Rhode Island | 5 | 4 | 0.0% | 6.20% | #240 |
Frequently asked questions
Dedham Institution for Savings denied 4.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 77th percentile of small mortgage lenders.
The most common reason Dedham Institution for Savings gave in 2025 was "debt-to-income ratio", cited on 57.1% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Dedham Institution for Savings originated in 2025 was 6.38%, and its median rate spread over the average prime offer rate was -0.13 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 67% of its applications were for home purchases, 20% for refinancing (including cash-out), and 13% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% 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.