First Colony Mortgage in Massachusetts vs the state
5.6%Denial rate-10.62 pts vs state
6.3%Decision denial rate-13.62 pts vs state
72.6%Origination rate+10.03 pts vs state
6.63%Median rate0.00 pts vs state
0.27Rate spread (pts)+0.18 pts vs state
$103kMedian applicant income
130Loans originated
10Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 86 | 61 | 3.5% | 6.63% | #255 |
| 2025 | 179 | 130 | 5.6% | 6.63% | #175 |
What First Colony Mortgage lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most First Colony Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hampden County | 57 | 41 | 4 | 7.0% |
| Middlesex County | 30 | 22 | 1 | 3.3% |
| Worcester County | 22 | 13 | 0 | 0.0% |
| Essex County | 19 | 18 | 1 | 5.3% |
| Suffolk County | 12 | 7 | 3 | 25.0% |
| Plymouth County | 11 | 9 | 0 | 0.0% |
| Bristol County | 7 | 6 | 0 | 0.0% |
| Hampshire County | 6 | 3 | 0 | 0.0% |
| Norfolk County | 6 | 5 | 0 | 0.0% |
| Barnstable County | 6 | 4 | 1 | 16.7% |
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: 179 applications in 2025, of which 130 were originated and 10 denied.
5.6% of all applications, or 6.3% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans First Colony Mortgage originated in Massachusetts in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are First Colony 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