Freedom Mortgage · Massachusetts · 2025

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

Freedom Mortgage took 2,209 mortgage applications in Massachusetts in 2025, ranking #21 of 799 lenders active in the state. It originated 35.9% of them and denied 9.3% (17.5% of the applications it decided), against a statewide denial rate of 16.2%.

2.2kApplicationsin MA
17.5%Decision denial ratestate 20.0%
6.25%Median ratestate 6.63%
$425,000Median loanstate $325,000
$356MVolume13 counties

Freedom Mortgage in Massachusetts vs the state

9.3%Denial rate-6.88 pts vs state
17.5%Decision denial rate-2.46 pts vs state
35.9%Origination rate-26.75 pts vs state
6.25%Median rate-0.38 pts vs state
0.26Rate spread (pts)+0.17 pts vs state
$116kMedian applicant income
792Loans originated
206Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202370130014.4%6.75%#58
20241,61774011.0%6.25%#27
20252,2097929.3%6.25%#21

What Freedom Mortgage lends in Massachusetts

By loan purpose

Home purchase 130 6% · 11.5% denied
Refinance 1,031 47% · 3.5% denied
Cash-out refinance 1,042 47% · 14.9% denied
Other / HELOC 6 0% · 0.0% denied

By loan type

Conventional 407 18% · 7.9% denied
FHA 1,288 58% · 10.9% denied
VA 514 23% · 6.6% denied

Why it denied Massachusetts applicants

Collateral 83 40%
Debt-to-income ratio 55 27%
Credit history 33 16%
Other 20 10%
Unverifiable information 8 4%
Insufficient cash 7 3%

Where in Massachusetts

Counties with the most Freedom Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Worcester County 42015138 9.0%
Bristol County 31111532 10.3%
Plymouth County 28010127 9.6%
Middlesex County 27810423 8.3%
Essex County 2538315 5.9%
Hampden County 2117624 11.4%
Norfolk County 1705614 8.2%
Suffolk County 1043312 11.5%
Barnstable County 80346 7.5%
Berkshire County 40126 15.0%

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: 2,209 applications in 2025, of which 792 were originated and 206 denied.

9.3% of all applications, or 17.5% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Freedom Mortgage originated in Massachusetts in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Freedom 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