Loan Funder in Massachusetts vs the state
14.4%Denial rate-1.84 pts vs state
26.1%Decision denial rate+6.14 pts vs state
40.7%Origination rate-21.88 pts vs state
10.50%Median rate+3.88 pts vs state
—Rate spread (pts)
—Median applicant income
136Loans originated
48Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 137 | 76 | 4.4% | 10.99% | #194 |
| 2024 | 291 | 114 | 10.7% | 11.00% | #114 |
| 2025 | 334 | 136 | 14.4% | 10.50% | #111 |
What Loan Funder lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Loan Funder applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 62 | 27 | 5 | 8.1% |
| Bristol County | 47 | 17 | 10 | 21.3% |
| Worcester County | 47 | 18 | 7 | 14.9% |
| Suffolk County | 41 | 11 | 7 | 17.1% |
| Plymouth County | 32 | 22 | 1 | 3.1% |
| Norfolk County | 32 | 17 | 3 | 9.4% |
| Essex County | 26 | 9 | 4 | 15.4% |
| Hampden County | 24 | 7 | 4 | 16.7% |
| Barnstable County | 10 | 4 | 2 | 20.0% |
| Berkshire County | 5 | 2 | 1 | 20.0% |
Other large lenders in Massachusetts
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 17,476 | 29.0% | 7.40% |
| Rocket Mortgage | C | 8,698 | 15.9% | 6.75% |
| Bank of America | F | 7,784 | 30.1% | 5.99% |
| Guaranteed Rate | B | 7,313 | 4.5% | 6.50% |
| Eastern Bank | B | 6,216 | 31.8% | 6.99% |
| Rockland Trust | C | 5,990 | 28.6% | 6.99% |
| Leader Bank | A | 5,913 | 1.8% | 6.25% |
| United Shore Financial Services | B | 5,898 | 12.8% | 6.50% |
| Crosscountry Mortgage | B | 5,634 | 3.8% | 6.63% |
| TD Bank | D | 3,778 | 26.9% | 7.44% |
Frequently asked questions
Massachusetts: 334 applications in 2025, of which 136 were originated and 48 denied.
14.4% of all applications, or 26.1% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Loan Funder originated in Massachusetts in 2025 was 10.50%, against a statewide median of 6.63%.
About this data. Figures are Loan Funder'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