Leader Bank · Massachusetts · 2025

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

Leader Bank took 5,913 mortgage applications in Massachusetts in 2025, ranking #7 of 799 lenders active in the state. It originated 83.3% of them and denied 1.8% (2.1% of the applications it decided), against a statewide denial rate of 16.2%.

5.9kApplicationsin MA
2.1%Decision denial ratestate 20.0%
6.25%Median ratestate 6.63%
$525,000Median loanstate $325,000
$2.9BVolume14 counties

Leader Bank in Massachusetts vs the state

1.8%Denial rate-14.37 pts vs state
2.1%Decision denial rate-17.83 pts vs state
83.3%Origination rate+20.71 pts vs state
6.25%Median rate-0.38 pts vs state
-0.18Rate spread (pts)-0.28 pts vs state
$199kMedian applicant income
4,926Loans originated
109Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,7763,1402.2%6.38%#12
20245,1964,3712.3%6.50%#6
20255,9134,9261.8%6.25%#7

What Leader Bank lends in Massachusetts

By loan purpose

Home purchase 4,218 71% · 1.6% denied
Refinance 880 15% · 0.8% denied
Cash-out refinance 278 5% · 2.2% denied
Home improvement 35 1% · 8.6% denied
Other / HELOC 502 8% · 5.0% denied

By loan type

Conventional 5,796 98% · 1.8% denied
FHA 69 1% · 7.3% denied
VA 48 1% · 2.1% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 44 40%
Collateral 43 39%
Credit history 7 6%
Other 6 6%
Insufficient cash 5 5%
Unverifiable information 3 3%
Employment history 1 1%

Where in Massachusetts

Counties with the most Leader Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 2,0651,71035 1.7%
Norfolk County 88376010 1.1%
Suffolk County 78665618 2.3%
Essex County 71259413 1.8%
Worcester County 53042815 2.8%
Plymouth County 3442837 2.0%
Barnstable County 3202794 1.3%
Bristol County 1871514 2.1%
Hampden County 25200 0.0%
Berkshire County 20132 10.0%

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%
United Shore Financial ServicesB 5,89812.8%6.50%
Crosscountry MortgageB 5,6343.8%6.63%
TD BankD 3,77826.9%7.44%
NewrezD 3,69021.8%6.75%

Frequently asked questions

Massachusetts: 5,913 applications in 2025, of which 4,926 were originated and 109 denied.

1.8% of all applications, or 2.1% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Leader Bank originated in Massachusetts in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Leader 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