Flagstar Bank in Massachusetts vs the state
23.5%Denial rate+7.32 pts vs state
31.6%Decision denial rate+11.63 pts vs state
49.0%Origination rate-13.58 pts vs state
6.38%Median rate-0.25 pts vs state
0.24Rate spread (pts)+0.14 pts vs state
$158kMedian applicant income
50Loans originated
24Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 454 | 239 | 18.9% | 8.99% | #89 |
| 2024 | 340 | 171 | 25.6% | 7.05% | #104 |
| 2025 | 102 | 50 | 23.5% | 6.38% | #247 |
What Flagstar Bank lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Flagstar Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 24 | 15 | 2 | 8.3% |
| Worcester County | 20 | 9 | 7 | 35.0% |
| Essex County | 15 | 5 | 6 | 40.0% |
| Plymouth County | 10 | 5 | 3 | 30.0% |
| Norfolk County | 8 | 5 | 0 | 0.0% |
| Bristol County | 8 | 5 | 1 | 12.5% |
| Barnstable County | 5 | 0 | 3 | 60.0% |
| Suffolk County | 4 | 2 | 0 | 0.0% |
| Hampden County | 3 | 1 | 1 | 33.3% |
| Dukes County | 2 | 1 | 1 | 50.0% |
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: 102 applications in 2025, of which 50 were originated and 24 denied.
23.5% of all applications, or 31.6% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Flagstar Bank originated in Massachusetts in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Flagstar 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