Drew Mortgage Associates · Massachusetts · 2025

Drew Mortgage Associates in Massachusetts: approval rate, denial rate and rates (2025)

Drew Mortgage Associates took 229 mortgage applications in Massachusetts in 2025, ranking #145 of 799 lenders active in the state. It originated 86.9% of them and denied 4.4% (4.8% of the applications it decided), against a statewide denial rate of 16.2%.

229Applicationsin MA
4.8%Decision denial ratestate 20.0%
6.88%Median ratestate 6.63%
$415,000Median loanstate $325,000
$90MVolume10 counties

Drew Mortgage Associates in Massachusetts vs the state

4.4%Denial rate-11.84 pts vs state
4.8%Decision denial rate-15.19 pts vs state
86.9%Origination rate+24.30 pts vs state
6.88%Median rate+0.25 pts vs state
0.35Rate spread (pts)+0.26 pts vs state
$160kMedian applicant income
199Loans originated
10Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232221844.5%6.63%#149
20242081714.8%6.99%#144
20252291994.4%6.88%#145

What Drew Mortgage Associates lends in Massachusetts

By loan purpose

Home purchase 134 59% · 1.5% denied
Refinance 94 41% · 8.5% denied
Home improvement 1 0% · 0.0% denied

By loan type

Conventional 202 88% · 5.0% denied
FHA 21 9% · 0.0% denied
VA 6 3% · 0.0% denied

Why it denied Massachusetts applicants

Collateral 3 30%
Unverifiable information 2 20%
Credit history 2 20%
Incomplete application 2 20%
Insufficient cash 1 10%

Where in Massachusetts

Counties with the most Drew Mortgage Associates applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Worcester County 110929 8.2%
Essex County 69600 0.0%
Middlesex County 19180 0.0%
Hampden County 10100 0.0%
Norfolk County 660 0.0%
Barnstable County 541 20.0%
Suffolk County 440 0.0%
Plymouth County 320 0.0%
Bristol County 220 0.0%
Berkshire County 110 0.0%

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: 229 applications in 2025, of which 199 were originated and 10 denied.

4.4% of all applications, or 4.8% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Drew Mortgage Associates originated in Massachusetts in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Drew Mortgage Associates'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