First Savings Bank · Massachusetts · 2025

First Savings Bank in Massachusetts: approval rate, denial rate and rates (2025)

First Savings Bank took 8 mortgage applications in Massachusetts in 2025, ranking #476 of 799 lenders active in the state. It originated 62.5% of them and denied 12.5% (14.3% of the applications it decided), against a statewide denial rate of 16.2%.

8Applicationsin MA
14.3%Decision denial ratestate 20.0%
7.63%Median ratestate 6.63%
$445,000Median loanstate $325,000
$3.2MVolume5 counties

First Savings Bank in Massachusetts vs the state

12.5%Denial rate-3.71 pts vs state
14.3%Decision denial rate-5.66 pts vs state
62.5%Origination rate-0.10 pts vs state
7.63%Median rate+1.00 pts vs state
0.33Rate spread (pts)+0.23 pts vs state
$108kMedian applicant income
5Loans originated
1Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202397608.3%6.50%#231
202411618.2%7.38%#447
20258512.5%7.63%#476

What First Savings Bank lends in Massachusetts

By loan purpose

Refinance 3 38% · 0.0% denied
Cash-out refinance 4 50% · 25.0% denied
Other / HELOC 1 13% · 0.0% denied

By loan type

Conventional 8 100% · 12.5% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 1 100%

Where in Massachusetts

Counties with the most First Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Worcester County 311 33.3%
Middlesex County 220 0.0%
Norfolk County 110 0.0%
Plymouth County 110 0.0%
Essex County 100 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: 8 applications in 2025, of which 5 were originated and 1 denied.

12.5% of all applications, or 14.3% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans First Savings Bank originated in Massachusetts in 2025 was 7.63%, against a statewide median of 6.63%.

About this data. Figures are First Savings 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