Investor Mortgage Finance · Massachusetts · 2025

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

Investor Mortgage Finance took 52 mortgage applications in Massachusetts in 2025, ranking #318 of 799 lenders active in the state. It originated 34.6% of them and denied 32.7% (48.6% of the applications it decided), against a statewide denial rate of 16.2%.

52Applicationsin MA
48.6%Decision denial ratestate 20.0%
7.59%Median ratestate 6.63%
$540,000Median loanstate $325,000
$11MVolume0 counties

Investor Mortgage Finance in Massachusetts vs the state

32.7%Denial rate+16.48 pts vs state
48.6%Decision denial rate+28.62 pts vs state
34.6%Origination rate-27.98 pts vs state
7.59%Median rate+0.96 pts vs state
Rate spread (pts)
Median applicant income
18Loans originated
17Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024683226.5%7.21%#279
2025521832.7%7.59%#318

What Investor Mortgage Finance lends in Massachusetts

By loan purpose

Home purchase 18 35% · 11.1% denied
Refinance 10 19% · 30.0% denied
Cash-out refinance 24 46% · 50.0% denied

By loan type

Conventional 52 100% · 32.7% denied

Why it denied Massachusetts applicants

Credit history 6 35%
Collateral 5 29%
Unverifiable information 5 29%
Incomplete application 1 6%

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: 52 applications in 2025, of which 18 were originated and 17 denied.

32.7% of all applications, or 48.6% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Investor Mortgage Finance originated in Massachusetts in 2025 was 7.59%, against a statewide median of 6.63%.

About this data. Figures are Investor Mortgage Finance'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