Harborone Mortgage · Massachusetts · 2025

Harborone Mortgage in Massachusetts: approval rate, denial rate and rates (2025)

Harborone Mortgage took 950 mortgage applications in Massachusetts in 2025, ranking #50 of 799 lenders active in the state. It originated 71.0% of them and denied 9.3% (11.5% of the applications it decided), against a statewide denial rate of 16.2%.

950Applicationsin MA
11.5%Decision denial ratestate 20.0%
6.38%Median ratestate 6.63%
$455,000Median loanstate $325,000
$337MVolume14 counties

Harborone Mortgage in Massachusetts vs the state

9.3%Denial rate-6.95 pts vs state
11.5%Decision denial rate-8.49 pts vs state
71.0%Origination rate+8.35 pts vs state
6.38%Median rate-0.25 pts vs state
0.04Rate spread (pts)-0.05 pts vs state
$148kMedian applicant income
674Loans originated
88Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202394961411.3%6.63%#44
20241,13475911.2%6.63%#42
20259506749.3%6.38%#50

What Harborone Mortgage lends in Massachusetts

By loan purpose

Home purchase 694 73% · 6.3% denied
Refinance 146 15% · 14.4% denied
Cash-out refinance 92 10% · 21.7% denied
Home improvement 9 1% · 11.1% denied
Other / HELOC 9 1% · 22.2% denied

By loan type

Conventional 851 90% · 7.9% denied
FHA 89 9% · 19.1% denied
VA 10 1% · 40.0% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 33 38%
Credit history 16 18%
Collateral 11 13%
Incomplete application 9 10%
Other 9 10%
Unverifiable information 6 7%
Insufficient cash 4 5%

Where in Massachusetts

Counties with the most Harborone Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Plymouth County 20714323 11.1%
Middlesex County 19414411 5.7%
Norfolk County 1087311 10.2%
Worcester County 101709 8.9%
Bristol County 956315 15.8%
Essex County 63534 6.3%
Hampshire County 42322 4.8%
Suffolk County 39277 17.9%
Barnstable County 38282 5.3%
Hampden County 32212 6.3%

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: 950 applications in 2025, of which 674 were originated and 88 denied.

9.3% of all applications, or 11.5% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Harborone Mortgage originated in Massachusetts in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Harborone Mortgage'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