Finex Credit Union · Massachusetts · 2025

Finex Credit Union in Massachusetts: approval rate, denial rate and rates (2025)

Finex Credit Union took 5 mortgage applications in Massachusetts in 2025, ranking #517 of 799 lenders active in the state. It originated 60.0% of them and denied 40.0% (40.0% of the applications it decided), against a statewide denial rate of 16.2%.

5Applicationsin MA
40.0%Decision denial ratestate 20.0%
5.50%Median ratestate 6.63%
$345,000Median loanstate $325,000
$1.2MVolume2 counties

Finex Credit Union in Massachusetts vs the state

40.0%Denial rate+23.79 pts vs state
40.0%Decision denial rate+20.05 pts vs state
60.0%Origination rate-2.60 pts vs state
5.50%Median rate-1.13 pts vs state
-0.69Rate spread (pts)-0.78 pts vs state
$102kMedian applicant income
3Loans originated
2Denied

What Finex Credit Union lends in Massachusetts

By loan purpose

Home purchase 1 20% · 0.0% denied
Refinance 1 20% · 0.0% denied
Cash-out refinance 1 20% · 0.0% denied
Home improvement 2 40% · 100.0% denied

By loan type

Conventional 5 100% · 40.0% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 1 50%
Credit history 1 50%

Where in Massachusetts

Counties with the most Finex Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hampden County 312 66.7%
Hampshire County 220 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: 5 applications in 2025, of which 3 were originated and 2 denied.

40.0% of all applications, or 40.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Finex Credit Union originated in Massachusetts in 2025 was 5.50%, against a statewide median of 6.63%.

About this data. Figures are Finex Credit Union'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