Discover Bank in Massachusetts vs the state
53.7%Denial rate+37.45 pts vs state
79.8%Decision denial rate+59.88 pts vs state
13.1%Origination rate-49.47 pts vs state
8.70%Median rate+2.07 pts vs state
2.11Rate spread (pts)+2.02 pts vs state
$120kMedian applicant income
181Loans originated
740Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 4,051 | 533 | 44.2% | 8.99% | #8 |
| 2024 | 4,375 | 605 | 50.5% | 8.61% | #11 |
| 2025 | 1,379 | 181 | 53.7% | 8.70% | #36 |
What Discover Bank lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Discover Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 239 | 26 | 124 | 51.9% |
| Worcester County | 226 | 35 | 122 | 54.0% |
| Essex County | 174 | 26 | 105 | 60.3% |
| Plymouth County | 153 | 27 | 76 | 49.7% |
| Norfolk County | 142 | 19 | 72 | 50.7% |
| Bristol County | 141 | 17 | 72 | 51.1% |
| Hampden County | 98 | 8 | 57 | 58.2% |
| Barnstable County | 80 | 8 | 45 | 56.3% |
| Suffolk County | 50 | 2 | 27 | 54.0% |
| Berkshire County | 29 | 6 | 15 | 51.7% |
Other large lenders in Massachusetts
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 17,476 | 29.0% | 7.40% |
| Rocket Mortgage | C | 8,698 | 15.9% | 6.75% |
| Bank of America | F | 7,784 | 30.1% | 5.99% |
| Guaranteed Rate | B | 7,313 | 4.5% | 6.50% |
| Eastern Bank | B | 6,216 | 31.8% | 6.99% |
| Rockland Trust | C | 5,990 | 28.6% | 6.99% |
| Leader Bank | A | 5,913 | 1.8% | 6.25% |
| United Shore Financial Services | B | 5,898 | 12.8% | 6.50% |
| Crosscountry Mortgage | B | 5,634 | 3.8% | 6.63% |
| TD Bank | D | 3,778 | 26.9% | 7.44% |
Frequently asked questions
Massachusetts: 1,379 applications in 2025, of which 181 were originated and 740 denied.
53.7% of all applications, or 79.8% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Discover Bank originated in Massachusetts in 2025 was 8.70%, against a statewide median of 6.63%.
About this data. Figures are Discover 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