Figure Lending in Massachusetts vs the state
31.0%Denial rate+14.76 pts vs state
33.0%Decision denial rate+13.04 pts vs state
44.2%Origination rate-18.41 pts vs state
8.70%Median rate+2.07 pts vs state
2.28Rate spread (pts)+2.19 pts vs state
$142kMedian applicant income
411Loans originated
288Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,095 | 482 | 31.1% | 10.66% | #36 |
| 2024 | 1,195 | 496 | 30.7% | 10.25% | #38 |
| 2025 | 930 | 411 | 31.0% | 8.70% | #53 |
What Figure Lending lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Figure Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 165 | 72 | 47 | 28.5% |
| Worcester County | 137 | 53 | 47 | 34.3% |
| Essex County | 137 | 69 | 38 | 27.7% |
| Plymouth County | 112 | 47 | 40 | 35.7% |
| Norfolk County | 99 | 40 | 38 | 38.4% |
| Bristol County | 71 | 35 | 15 | 21.1% |
| Suffolk County | 65 | 27 | 26 | 40.0% |
| Hampden County | 50 | 32 | 5 | 10.0% |
| Barnstable County | 47 | 20 | 14 | 29.8% |
| Berkshire County | 19 | 8 | 9 | 47.4% |
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: 930 applications in 2025, of which 411 were originated and 288 denied.
31.0% of all applications, or 33.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Figure Lending originated in Massachusetts in 2025 was 8.70%, against a statewide median of 6.63%.
About this data. Figures are Figure Lending'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