GFA Federal Credit Union · Massachusetts · 2025

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

GFA Federal Credit Union took 161 mortgage applications in Massachusetts in 2025, ranking #192 of 799 lenders active in the state. It originated 73.3% of them and denied 12.4% (14.3% of the applications it decided), against a statewide denial rate of 16.2%.

161Applicationsin MA
14.3%Decision denial ratestate 20.0%
Median ratestate 6.63%
$135,000Median loanstate $325,000
$37MVolume8 counties

GFA Federal Credit Union in Massachusetts vs the state

12.4%Denial rate-3.79 pts vs state
14.3%Decision denial rate-5.66 pts vs state
73.3%Origination rate+10.69 pts vs state
Median rate
Rate spread (pts)
$116kMedian applicant income
118Loans originated
20Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202320014215.0%#155
20241329214.4%#197
202516111812.4%#192

What GFA Federal Credit Union lends in Massachusetts

By loan purpose

Home purchase 40 25% · 2.5% denied
Refinance 34 21% · 17.7% denied
Cash-out refinance 54 34% · 16.7% denied
Home improvement 33 20% · 12.1% denied

By loan type

Conventional 161 100% · 12.4% denied

Where in Massachusetts

Counties with the most GFA Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Worcester County 13910118 12.9%
Middlesex County 851 12.5%
Bristol County 430 0.0%
Essex County 330 0.0%
Franklin County 330 0.0%
Berkshire County 220 0.0%
Barnstable County 110 0.0%
Suffolk 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: 161 applications in 2025, of which 118 were originated and 20 denied.

12.4% of all applications, or 14.3% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are GFA Federal 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