Eastern Bank in Massachusetts vs the state
31.8%Denial rate+15.63 pts vs state
33.2%Decision denial rate+13.28 pts vs state
58.2%Origination rate-4.36 pts vs state
6.99%Median rate+0.37 pts vs state
-0.14Rate spread (pts)-0.23 pts vs state
$148kMedian applicant income
3,620Loans originated
1,979Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 4,123 | 2,630 | 28.4% | 7.75% | #7 |
| 2024 | 4,738 | 2,876 | 29.8% | 8.25% | #8 |
| 2025 | 6,216 | 3,620 | 31.8% | 6.99% | #5 |
What Eastern Bank lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Eastern Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 1,522 | 935 | 444 | 29.2% |
| Essex County | 1,437 | 810 | 486 | 33.8% |
| Plymouth County | 958 | 564 | 290 | 30.3% |
| Suffolk County | 742 | 420 | 244 | 32.9% |
| Norfolk County | 727 | 422 | 234 | 32.2% |
| Barnstable County | 407 | 248 | 114 | 28.0% |
| Bristol County | 227 | 117 | 89 | 39.2% |
| Worcester County | 141 | 80 | 53 | 37.6% |
| Nantucket County | 15 | 6 | 6 | 40.0% |
| Hampden County | 13 | 6 | 6 | 46.2% |
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% |
| 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% |
| Newrez | D | 3,690 | 21.8% | 6.75% |
Frequently asked questions
Massachusetts: 6,216 applications in 2025, of which 3,620 were originated and 1,979 denied.
31.8% of all applications, or 33.2% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Eastern Bank originated in Massachusetts in 2025 was 6.99%, against a statewide median of 6.63%.
About this data. Figures are Eastern 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