Greenbox Loans · Massachusetts · 2025

Greenbox Loans in Massachusetts: approval rate, denial rate and rates (2025)

Greenbox Loans took 19 mortgage applications in Massachusetts in 2025, ranking #420 of 799 lenders active in the state. It originated 47.4% of them and denied 26.3% (35.7% of the applications it decided), against a statewide denial rate of 16.2%.

19Applicationsin MA
35.7%Decision denial ratestate 20.0%
7.88%Median ratestate 6.63%
$565,000Median loanstate $325,000
$6.3MVolume6 counties

Greenbox Loans in Massachusetts vs the state

26.3%Denial rate+10.11 pts vs state
35.7%Decision denial rate+15.76 pts vs state
47.4%Origination rate-15.23 pts vs state
7.88%Median rate+1.25 pts vs state
1.81Rate spread (pts)+1.72 pts vs state
$531kMedian applicant income
9Loans originated
5Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202330136.7%9.25%#357
202424114.2%8.88%#384
202519926.3%7.88%#420

What Greenbox Loans lends in Massachusetts

By loan purpose

Home purchase 4 21% · 25.0% denied
Cash-out refinance 15 79% · 26.7% denied

By loan type

Conventional 19 100% · 26.3% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 3 60%
Credit history 2 40%

Where in Massachusetts

Counties with the most Greenbox Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 512 40.0%
Essex County 521 20.0%
Worcester County 330 0.0%
Suffolk County 321 33.3%
Norfolk County 101 100.0%
Plymouth County 110 0.0%

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: 19 applications in 2025, of which 9 were originated and 5 denied.

26.3% of all applications, or 35.7% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Greenbox Loans originated in Massachusetts in 2025 was 7.88%, against a statewide median of 6.63%.

About this data. Figures are Greenbox Loans'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