Envoy Mortgage · Massachusetts · 2025

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

Envoy Mortgage took 239 mortgage applications in Massachusetts in 2025, ranking #137 of 799 lenders active in the state. It originated 73.6% of them and denied 4.6% (5.9% of the applications it decided), against a statewide denial rate of 16.2%.

239Applicationsin MA
5.9%Decision denial ratestate 20.0%
6.63%Median ratestate 6.63%
$465,000Median loanstate $325,000
$85MVolume10 counties

Envoy Mortgage in Massachusetts vs the state

4.6%Denial rate-11.61 pts vs state
5.9%Decision denial rate-14.07 pts vs state
73.6%Origination rate+11.04 pts vs state
6.63%Median rate0.00 pts vs state
0.19Rate spread (pts)+0.10 pts vs state
$136kMedian applicant income
176Loans originated
11Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233172247.9%6.75%#112
20242021628.9%6.63%#149
20252391764.6%6.63%#137

What Envoy Mortgage lends in Massachusetts

By loan purpose

Home purchase 159 67% · 2.5% denied
Refinance 56 23% · 5.4% denied
Cash-out refinance 23 10% · 17.4% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 207 87% · 3.9% denied
FHA 29 12% · 10.3% denied
VA 3 1% · 0.0% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 4 36%
Other 3 27%
Credit history 3 27%
Incomplete application 1 9%

Where in Massachusetts

Counties with the most Envoy Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Worcester County 97747 7.2%
Bristol County 39310 0.0%
Norfolk County 33212 6.1%
Middlesex County 27210 0.0%
Essex County 16101 6.3%
Plymouth County 1461 7.1%
Suffolk County 660 0.0%
Barnstable County 440 0.0%
Hampden 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: 239 applications in 2025, of which 176 were originated and 11 denied.

4.6% of all applications, or 5.9% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

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

About this data. Figures are Envoy Mortgage'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