Lee Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
52nd9.1% deniedProcesswithdrawn + incomplete share, weight 15%
33rd15.4%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 195 | 137 | 10.3% | 12.7% | — | $52M |
| 2024 | 171 | 121 | 9.9% | 12.1% | — | $43M |
| 2025 | 143 | 108 | 7.7% | 9.1% | — | $47M |
What Lee Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 37 investment properties.
Who gets approved at Lee Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 30 | 24 | 11.1% |
| $100k – $150k | 21 | 17 | 5.6% |
| $150k – $250k | 26 | 18 | 10.0% |
| Over $250k | 27 | 20 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 25 | 21 | 8.7% |
| 35–44 | 23 | 12 | 13.3% |
| 55–64 | 24 | 18 | 5.3% |
Where Lee Bank lends
2 states and 5 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Massachusetts | 142 | 107 | 7.8% | — | #209 |
Frequently asked questions
Lee Bank denied 9.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 52nd percentile of small mortgage lenders.
In 2025, 76% of its applications were for home purchases, 13% for refinancing (including cash-out), and 12% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.