Freedom Credit Union · Massachusetts · 2025

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

Freedom Credit Union took 266 mortgage applications in Massachusetts in 2025, ranking #131 of 799 lenders active in the state. It originated 62.4% of them and denied 19.2% (23.1% of the applications it decided), against a statewide denial rate of 16.2%.

266Applicationsin MA
23.1%Decision denial ratestate 20.0%
6.75%Median ratestate 6.63%
$85,000Median loanstate $325,000
$23MVolume9 counties

Freedom Credit Union in Massachusetts vs the state

19.2%Denial rate+2.96 pts vs state
23.1%Decision denial rate+3.13 pts vs state
62.4%Origination rate-0.19 pts vs state
6.75%Median rate+0.13 pts vs state
0.53Rate spread (pts)+0.44 pts vs state
$91kMedian applicant income
166Loans originated
51Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202356135821.4%5.75%#77
202439121525.3%6.75%#93
202526616619.2%6.75%#131

What Freedom Credit Union lends in Massachusetts

By loan purpose

Home purchase 57 21% · 3.5% denied
Refinance 6 2% · 0.0% denied
Cash-out refinance 65 24% · 21.5% denied
Home improvement 81 30% · 22.2% denied
Other / HELOC 57 21% · 29.8% denied

By loan type

Conventional 266 100% · 19.2% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 21 41%
Credit history 15 29%
Collateral 7 14%
Other 6 12%
Employment history 1 2%
Incomplete application 1 2%

Where in Massachusetts

Counties with the most Freedom Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hampden County 17910634 19.0%
Franklin County 44317 15.9%
Hampshire County 32273 9.4%
Worcester County 412 50.0%
Middlesex County 202 100.0%
Berkshire County 210 0.0%
Norfolk County 101 100.0%
Suffolk County 101 100.0%
Bristol County 101 100.0%

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: 266 applications in 2025, of which 166 were originated and 51 denied.

19.2% of all applications, or 23.1% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Freedom Credit Union originated in Massachusetts in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Freedom 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