General Mortgage Capital in Massachusetts vs the state
1.7%Denial rate-14.53 pts vs state
2.0%Decision denial rate-18.00 pts vs state
84.0%Origination rate+21.43 pts vs state
6.38%Median rate-0.25 pts vs state
0.05Rate spread (pts)-0.05 pts vs state
$164kMedian applicant income
300Loans originated
6Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 14 | 10 | 14.3% | 6.87% | #410 |
| 2024 | 204 | 168 | 0.5% | 6.88% | #148 |
| 2025 | 357 | 300 | 1.7% | 6.38% | #103 |
What General Mortgage Capital lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most General Mortgage Capital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 170 | 143 | 2 | 1.2% |
| Norfolk County | 99 | 79 | 3 | 3.0% |
| Suffolk County | 31 | 25 | 1 | 3.2% |
| Worcester County | 28 | 26 | 0 | 0.0% |
| Essex County | 8 | 8 | 0 | 0.0% |
| Plymouth County | 6 | 5 | 0 | 0.0% |
| Bristol County | 5 | 4 | 0 | 0.0% |
| Hampden County | 5 | 5 | 0 | 0.0% |
| Hampshire County | 2 | 2 | 0 | 0.0% |
| Franklin County | 1 | 1 | 0 | 0.0% |
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: 357 applications in 2025, of which 300 were originated and 6 denied.
1.7% of all applications, or 2.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans General Mortgage Capital originated in Massachusetts in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are General Mortgage Capital'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