Greenfield Savings Bank · Massachusetts · 2025

Greenfield Savings Bank in Massachusetts: approval rate, denial rate and rates (2025)

Greenfield Savings Bank took 570 mortgage applications in Massachusetts in 2025, ranking #75 of 799 lenders active in the state. It originated 73.5% of them and denied 7.2% (8.7% of the applications it decided), against a statewide denial rate of 16.2%.

570Applicationsin MA
8.7%Decision denial ratestate 20.0%
6.25%Median ratestate 6.63%
$275,000Median loanstate $325,000
$172MVolume8 counties

Greenfield Savings Bank in Massachusetts vs the state

7.2%Denial rate-9.02 pts vs state
8.7%Decision denial rate-11.21 pts vs state
73.5%Origination rate+10.91 pts vs state
6.25%Median rate-0.38 pts vs state
-0.31Rate spread (pts)-0.40 pts vs state
$125kMedian applicant income
419Loans originated
41Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202351137010.0%5.75%#83
20244783548.8%6.25%#79
20255704197.2%6.25%#75

What Greenfield Savings Bank lends in Massachusetts

By loan purpose

Home purchase 366 64% · 4.6% denied
Refinance 34 6% · 2.9% denied
Cash-out refinance 42 7% · 11.9% denied
Home improvement 91 16% · 13.2% denied
Other / HELOC 37 6% · 16.2% denied

By loan type

Conventional 570 100% · 7.2% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 21 51%
Credit history 14 34%
Collateral 3 7%
Other 2 5%
Incomplete application 1 2%

Where in Massachusetts

Counties with the most Greenfield Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 28420029 10.2%
Hampshire County 2011517 3.5%
Hampden County 56444 7.1%
Berkshire County 12110 0.0%
Worcester County 11100 0.0%
Barnstable County 320 0.0%
Middlesex County 201 50.0%
Norfolk 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: 570 applications in 2025, of which 419 were originated and 41 denied.

7.2% of all applications, or 8.7% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Greenfield Savings Bank originated in Massachusetts in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Greenfield Savings Bank'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