Keystone Funding · Massachusetts · 2025

Keystone Funding in Massachusetts: approval rate, denial rate and rates (2025)

Keystone Funding took 219 mortgage applications in Massachusetts in 2025, ranking #151 of 799 lenders active in the state. It originated 88.1% of them and denied 4.6% (4.6% of the applications it decided), against a statewide denial rate of 16.2%.

219Applicationsin MA
4.6%Decision denial ratestate 20.0%
6.49%Median ratestate 6.63%
$485,000Median loanstate $325,000
$94MVolume11 counties

Keystone Funding in Massachusetts vs the state

4.6%Denial rate-11.64 pts vs state
4.6%Decision denial rate-15.38 pts vs state
88.1%Origination rate+25.53 pts vs state
6.49%Median rate-0.13 pts vs state
0.19Rate spread (pts)+0.10 pts vs state
$140kMedian applicant income
193Loans originated
10Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231501067.3%6.75%#186
20242051774.9%6.63%#147
20252191934.6%6.49%#151

What Keystone Funding lends in Massachusetts

By loan purpose

Home purchase 164 75% · 4.9% denied
Refinance 37 17% · 5.4% denied
Cash-out refinance 18 8% · 0.0% denied

By loan type

Conventional 176 80% · 4.6% denied
FHA 32 15% · 6.3% denied
VA 11 5% · 0.0% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 6 60%
Collateral 3 30%
Incomplete application 1 10%

Where in Massachusetts

Counties with the most Keystone Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 41383 7.3%
Barnstable County 35311 2.9%
Essex County 29290 0.0%
Worcester County 27233 11.1%
Plymouth County 19170 0.0%
Bristol County 18160 0.0%
Hampden County 16130 0.0%
Norfolk County 15131 6.7%
Suffolk County 1492 14.3%
Franklin County 430 0.0%

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: 219 applications in 2025, of which 193 were originated and 10 denied.

4.6% of all applications, or 4.6% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Keystone Funding originated in Massachusetts in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are Keystone 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