Hometown Equity Mortgage in Massachusetts vs the state
40.5%Denial rate+24.24 pts vs state
41.0%Decision denial rate+21.06 pts vs state
58.2%Origination rate-4.42 pts vs state
7.38%Median rate+0.75 pts vs state
0.79Rate spread (pts)+0.69 pts vs state
$222kMedian applicant income
128Loans originated
89Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 89 | 27 | 59.6% | 8.63% | #244 |
| 2024 | 130 | 47 | 61.5% | 8.00% | #199 |
| 2025 | 220 | 128 | 40.5% | 7.38% | #150 |
What Hometown Equity Mortgage lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Hometown Equity Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Essex County | 31 | 18 | 13 | 41.9% |
| Bristol County | 30 | 18 | 12 | 40.0% |
| Suffolk County | 28 | 18 | 10 | 35.7% |
| Plymouth County | 24 | 13 | 11 | 45.8% |
| Worcester County | 23 | 12 | 11 | 47.8% |
| Middlesex County | 22 | 17 | 5 | 22.7% |
| Norfolk County | 18 | 8 | 9 | 50.0% |
| Hampden County | 17 | 13 | 4 | 23.5% |
| Barnstable County | 12 | 6 | 6 | 50.0% |
| Dukes County | 5 | 1 | 2 | 40.0% |
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: 220 applications in 2025, of which 128 were originated and 89 denied.
40.5% of all applications, or 41.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Hometown Equity Mortgage originated in Massachusetts in 2025 was 7.38%, against a statewide median of 6.63%.
About this data. Figures are Hometown Equity 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