JPMorgan Chase Bank · Massachusetts · 2025

JPMorgan Chase Bank in Massachusetts: approval rate, denial rate and rates (2025)

JPMorgan Chase Bank took 2,022 mortgage applications in Massachusetts in 2025, ranking #22 of 799 lenders active in the state. It originated 61.7% of them and denied 9.7% (13.3% of the applications it decided), against a statewide denial rate of 16.2%.

2.0kApplicationsin MA
13.3%Decision denial ratestate 20.0%
6.38%Median ratestate 6.63%
$565,000Median loanstate $325,000
$1.2BVolume14 counties

JPMorgan Chase Bank in Massachusetts vs the state

9.7%Denial rate-6.52 pts vs state
13.3%Decision denial rate-6.65 pts vs state
61.7%Origination rate-0.88 pts vs state
6.38%Median rate-0.25 pts vs state
-0.09Rate spread (pts)-0.18 pts vs state
$206kMedian applicant income
1,248Loans originated
196Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,2148078.2%6.38%#28
20241,49295210.1%6.49%#29
20252,0221,2489.7%6.38%#22

What JPMorgan Chase Bank lends in Massachusetts

By loan purpose

Home purchase 1,233 61% · 8.2% denied
Refinance 299 15% · 5.4% denied
Cash-out refinance 256 13% · 14.8% denied
Home improvement 80 4% · 22.5% denied
Other / HELOC 154 8% · 14.9% denied

By loan type

Conventional 1,991 98% · 9.5% denied
FHA 26 1% · 23.1% denied
VA 5 0% · 20.0% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 77 39%
Collateral 51 26%
Other 31 16%
Credit history 18 9%
Unverifiable information 11 6%
Insufficient cash 4 2%
Employment history 4 2%

Where in Massachusetts

Counties with the most JPMorgan Chase Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 57236342 7.3%
Norfolk County 31020129 9.4%
Suffolk County 25717025 9.7%
Essex County 21312626 12.2%
Worcester County 1789423 12.9%
Plymouth County 1378415 10.9%
Barnstable County 98597 7.1%
Hampden County 72477 9.7%
Bristol County 703810 14.3%
Nantucket County 38223 7.9%

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: 2,022 applications in 2025, of which 1,248 were originated and 196 denied.

9.7% of all applications, or 13.3% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans JPMorgan Chase Bank originated in Massachusetts in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are JPMorgan Chase Bank'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