Homexpress Mortgage · Massachusetts · 2025

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

Homexpress Mortgage took 171 mortgage applications in Massachusetts in 2025, ranking #182 of 799 lenders active in the state. It originated 60.8% of them and denied 37.4% (37.7% of the applications it decided), against a statewide denial rate of 16.2%.

171Applicationsin MA
37.7%Decision denial ratestate 20.0%
7.50%Median ratestate 6.63%
$525,000Median loanstate $325,000
$57MVolume13 counties

Homexpress Mortgage in Massachusetts vs the state

37.4%Denial rate+21.22 pts vs state
37.7%Decision denial rate+17.70 pts vs state
60.8%Origination rate-1.78 pts vs state
7.50%Median rate+0.88 pts vs state
Rate spread (pts)
$317kMedian applicant income
104Loans originated
64Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023905237.8%8.63%#241
20241185647.5%7.81%#208
202517110437.4%7.50%#182

What Homexpress Mortgage lends in Massachusetts

By loan purpose

Home purchase 51 30% · 35.3% denied
Refinance 22 13% · 45.5% denied
Cash-out refinance 98 57% · 36.7% denied

By loan type

Conventional 171 100% · 37.4% denied

Why it denied Massachusetts applicants

Credit history 55 86%
Collateral 7 11%
Unverifiable information 1 2%
Insufficient cash 1 2%

Where in Massachusetts

Counties with the most Homexpress Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 281710 35.7%
Essex County 28199 32.1%
Worcester County 28207 25.0%
Bristol County 271610 37.0%
Suffolk County 231211 47.8%
Norfolk County 1284 33.3%
Plymouth County 734 57.1%
Barnstable County 624 66.7%
Hampden County 523 60.0%
Berkshire County 431 25.0%

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: 171 applications in 2025, of which 104 were originated and 64 denied.

37.4% of all applications, or 37.7% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Homexpress Mortgage originated in Massachusetts in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Homexpress 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