Guaranteed Rate in Massachusetts vs the state
4.5%Denial rate-11.67 pts vs state
6.7%Decision denial rate-13.23 pts vs state
61.6%Origination rate-0.97 pts vs state
6.50%Median rate-0.13 pts vs state
0.10Rate spread (pts)+0.01 pts vs state
$171kMedian applicant income
4,507Loans originated
332Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5,553 | 3,221 | 4.5% | 6.63% | #3 |
| 2024 | 6,645 | 4,444 | 6.3% | 6.63% | #3 |
| 2025 | 7,313 | 4,507 | 4.5% | 6.50% | #4 |
What Guaranteed Rate lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Guaranteed Rate applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 2,381 | 1,505 | 79 | 3.3% |
| Essex County | 1,219 | 795 | 72 | 5.9% |
| Norfolk County | 817 | 500 | 31 | 3.8% |
| Worcester County | 788 | 467 | 39 | 4.9% |
| Suffolk County | 776 | 442 | 40 | 5.2% |
| Plymouth County | 525 | 319 | 28 | 5.3% |
| Bristol County | 274 | 165 | 23 | 8.4% |
| Hampden County | 267 | 166 | 11 | 4.1% |
| Barnstable County | 163 | 103 | 5 | 3.1% |
| Berkshire County | 39 | 17 | 3 | 7.7% |
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% |
| 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% |
| Newrez | D | 3,690 | 21.8% | 6.75% |
Frequently asked questions
Massachusetts: 7,313 applications in 2025, of which 4,507 were originated and 332 denied.
4.5% of all applications, or 6.7% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Guaranteed Rate originated in Massachusetts in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Guaranteed Rate'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