Manufacturers and Traders Trust in Massachusetts vs the state
24.3%Denial rate+8.04 pts vs state
26.6%Decision denial rate+6.63 pts vs state
64.9%Origination rate+2.25 pts vs state
5.88%Median rate-0.75 pts vs state
-0.22Rate spread (pts)-0.31 pts vs state
$164kMedian applicant income
1,690Loans originated
632Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,291 | 666 | 35.8% | 6.99% | #25 |
| 2024 | 2,038 | 1,241 | 27.4% | 6.50% | #22 |
| 2025 | 2,606 | 1,690 | 24.3% | 5.88% | #19 |
What Manufacturers and Traders Trust lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Manufacturers and Traders Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 586 | 425 | 85 | 14.5% |
| Essex County | 450 | 253 | 161 | 35.8% |
| Hampden County | 424 | 248 | 136 | 32.1% |
| Suffolk County | 269 | 203 | 32 | 11.9% |
| Norfolk County | 257 | 191 | 33 | 12.8% |
| Worcester County | 256 | 155 | 71 | 27.7% |
| Plymouth County | 122 | 80 | 33 | 27.0% |
| Bristol County | 74 | 33 | 31 | 41.9% |
| Barnstable County | 59 | 39 | 13 | 22.0% |
| Hampshire County | 47 | 30 | 11 | 23.4% |
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: 2,606 applications in 2025, of which 1,690 were originated and 632 denied.
24.3% of all applications, or 26.6% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Manufacturers and Traders Trust originated in Massachusetts in 2025 was 5.88%, against a statewide median of 6.63%.
About this data. Figures are Manufacturers and Traders Trust'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