Direct Federal Credit Union · Massachusetts · 2025

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

Direct Federal Credit Union took 675 mortgage applications in Massachusetts in 2025, ranking #69 of 799 lenders active in the state. It originated 63.0% of them and denied 28.0% (30.4% of the applications it decided), against a statewide denial rate of 16.2%.

675Applicationsin MA
30.4%Decision denial ratestate 20.0%
Median ratestate 6.63%
$205,000Median loanstate $325,000
$96MVolume10 counties

Direct Federal Credit Union in Massachusetts vs the state

28.0%Denial rate+11.79 pts vs state
30.4%Decision denial rate+10.48 pts vs state
63.0%Origination rate+0.36 pts vs state
Median rate
Rate spread (pts)
$173kMedian applicant income
425Loans originated
189Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202341625826.0%7.75%#98
202446131128.0%8.00%#83
202567542528.0%#69

What Direct Federal Credit Union lends in Massachusetts

By loan purpose

Home purchase 23 3% · 13.0% denied
Refinance 55 8% · 27.3% denied
Cash-out refinance 13 2% · 15.4% denied
Home improvement 310 46% · 25.8% denied
Other / HELOC 274 41% · 32.5% denied

By loan type

Conventional 675 100% · 28.0% denied

Where in Massachusetts

Counties with the most Direct Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 20512556 27.3%
Norfolk County 19613250 25.5%
Essex County 654314 21.5%
Plymouth County 563517 30.4%
Suffolk County 542923 42.6%
Worcester County 402412 30.0%
Bristol County 30208 26.7%
Barnstable County 27177 25.9%
Hampden County 101 100.0%
Dukes 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: 675 applications in 2025, of which 425 were originated and 189 denied.

28.0% of all applications, or 30.4% 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 Direct Federal 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