HarborOne Bank · Massachusetts · 2025

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

HarborOne Bank took 548 mortgage applications in Massachusetts in 2025, ranking #78 of 799 lenders active in the state. It originated 41.4% of them and denied 45.1% (50.9% of the applications it decided), against a statewide denial rate of 16.2%.

548Applicationsin MA
50.9%Decision denial ratestate 20.0%
6.74%Median ratestate 6.63%
$155,000Median loanstate $325,000
$45MVolume10 counties

HarborOne Bank in Massachusetts vs the state

45.1%Denial rate+28.86 pts vs state
50.9%Decision denial rate+30.98 pts vs state
41.4%Origination rate-21.18 pts vs state
6.74%Median rate+0.12 pts vs state
-0.47Rate spread (pts)-0.56 pts vs state
$126kMedian applicant income
227Loans originated
247Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202376532346.0%6.99%#53
202476634345.8%6.99%#57
202554822745.1%6.74%#78

What HarborOne Bank lends in Massachusetts

By loan purpose

Home purchase 31 6% · 41.9% denied
Refinance 119 22% · 44.5% denied
Cash-out refinance 1 0% · 0.0% denied
Home improvement 299 55% · 42.1% denied
Other / HELOC 98 18% · 56.1% denied

By loan type

Conventional 548 100% · 45.1% denied

Why it denied Massachusetts applicants

Credit history 103 42%
Debt-to-income ratio 102 41%
Collateral 37 15%
Employment history 3 1%
Unverifiable information 1 0%
Other 1 0%

Where in Massachusetts

Counties with the most HarborOne Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Plymouth County 279114125 44.8%
Bristol County 1084950 46.3%
Norfolk County 883841 46.6%
Middlesex County 2177 33.3%
Essex County 1456 42.9%
Suffolk County 1348 61.5%
Barnstable County 1155 45.5%
Hampshire County 733 42.9%
Worcester County 511 20.0%
Franklin County 211 50.0%

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: 548 applications in 2025, of which 227 were originated and 247 denied.

45.1% of all applications, or 50.9% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans HarborOne Bank originated in Massachusetts in 2025 was 6.74%, against a statewide median of 6.63%.

About this data. Figures are HarborOne 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