Loandepot.Com · Massachusetts · 2025

Loandepot.Com in Massachusetts: approval rate, denial rate and rates (2025)

Loandepot.Com took 2,933 mortgage applications in Massachusetts in 2025, ranking #15 of 799 lenders active in the state. It originated 64.8% of them and denied 16.6% (20.1% of the applications it decided), against a statewide denial rate of 16.2%.

2.9kApplicationsin MA
20.1%Decision denial ratestate 20.0%
6.75%Median ratestate 6.63%
$285,000Median loanstate $325,000
$668MVolume14 counties

Loandepot.Com in Massachusetts vs the state

16.6%Denial rate+0.43 pts vs state
20.1%Decision denial rate+0.14 pts vs state
64.8%Origination rate+2.18 pts vs state
6.75%Median rate+0.13 pts vs state
0.43Rate spread (pts)+0.33 pts vs state
$120kMedian applicant income
1,900Loans originated
488Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,49392620.4%6.63%#21
20242,0911,20619.9%6.63%#20
20252,9331,90016.6%6.75%#15

What Loandepot.Com lends in Massachusetts

By loan purpose

Home purchase 847 29% · 5.1% denied
Refinance 431 15% · 10.4% denied
Cash-out refinance 780 27% · 24.4% denied
Home improvement 95 3% · 29.5% denied
Other / HELOC 780 27% · 23.3% denied

By loan type

Conventional 2,245 77% · 15.9% denied
FHA 523 18% · 22.8% denied
VA 165 6% · 7.3% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 150 31%
Collateral 121 25%
Unverifiable information 82 17%
Credit history 60 12%
Incomplete application 32 7%
Other 30 6%
Insufficient cash 8 2%
Employment history 5 1%

Where in Massachusetts

Counties with the most Loandepot.Com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Plymouth County 71449780 11.2%
Bristol County 37824560 15.9%
Middlesex County 37622665 17.3%
Worcester County 35423657 16.1%
Essex County 27817560 21.6%
Norfolk County 26616440 15.0%
Hampden County 19812650 25.3%
Barnstable County 1338924 18.0%
Suffolk County 1327033 25.0%
Berkshire County 44336 13.6%

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: 2,933 applications in 2025, of which 1,900 were originated and 488 denied.

16.6% of all applications, or 20.1% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Loandepot.Com originated in Massachusetts in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Loandepot.Com'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