Homestead Funding in Massachusetts vs the state
1.7%Denial rate-14.51 pts vs state
1.9%Decision denial rate-18.06 pts vs state
87.5%Origination rate+24.90 pts vs state
6.49%Median rate-0.13 pts vs state
0.13Rate spread (pts)+0.04 pts vs state
$100kMedian applicant income
154Loans originated
3Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 128 | 104 | 1.6% | 6.88% | #205 |
| 2024 | 198 | 163 | 3.0% | 6.63% | #154 |
| 2025 | 176 | 154 | 1.7% | 6.49% | #178 |
What Homestead Funding lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Homestead Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hampden County | 106 | 92 | 3 | 2.8% |
| Middlesex County | 28 | 25 | 0 | 0.0% |
| Hampshire County | 19 | 18 | 0 | 0.0% |
| Berkshire County | 10 | 9 | 0 | 0.0% |
| Barnstable County | 3 | 3 | 0 | 0.0% |
| Worcester County | 3 | 2 | 0 | 0.0% |
| Plymouth County | 2 | 2 | 0 | 0.0% |
| Norfolk County | 2 | 2 | 0 | 0.0% |
| Franklin County | 1 | 1 | 0 | 0.0% |
| Suffolk County | 1 | 0 | 0 | 0.0% |
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% |
| Guaranteed Rate | B | 7,313 | 4.5% | 6.50% |
| 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% |
Frequently asked questions
Massachusetts: 176 applications in 2025, of which 154 were originated and 3 denied.
1.7% of all applications, or 1.9% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Homestead Funding originated in Massachusetts in 2025 was 6.49%, against a statewide median of 6.63%.
About this data. Figures are Homestead Funding'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