Luminate Bank in Massachusetts vs the state
4.4%Denial rate-11.86 pts vs state
6.9%Decision denial rate-13.05 pts vs state
56.5%Origination rate-6.08 pts vs state
6.75%Median rate+0.13 pts vs state
0.49Rate spread (pts)+0.40 pts vs state
$131kMedian applicant income
26Loans originated
2Denied
What Luminate Bank lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Luminate Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 9 | 6 | 0 | 0.0% |
| Plymouth County | 8 | 5 | 0 | 0.0% |
| Essex County | 8 | 5 | 1 | 12.5% |
| Suffolk County | 5 | 2 | 1 | 20.0% |
| Barnstable County | 4 | 2 | 0 | 0.0% |
| Bristol County | 4 | 3 | 0 | 0.0% |
| Norfolk County | 3 | 1 | 0 | 0.0% |
| Worcester County | 2 | 1 | 0 | 0.0% |
| Hampshire County | 1 | 1 | 0 | 0.0% |
| Nantucket County | 1 | 0 | 0 | 0.0% |
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: 46 applications in 2025, of which 26 were originated and 2 denied.
4.4% of all applications, or 6.9% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Luminate Bank originated in Massachusetts in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Luminate 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