MASS BAY Credit Union · Massachusetts · 2025

MASS BAY Credit Union in Massachusetts: approval rate, denial rate and rates (2025)

MASS BAY Credit Union took 106 mortgage applications in Massachusetts in 2025, ranking #242 of 799 lenders active in the state. It originated 39.6% of them and denied 28.3% (41.1% of the applications it decided), against a statewide denial rate of 16.2%.

106Applicationsin MA
41.1%Decision denial ratestate 20.0%
Median ratestate 6.63%
$340,000Median loanstate $325,000
$19MVolume8 counties

MASS BAY Credit Union in Massachusetts vs the state

28.3%Denial rate+12.09 pts vs state
41.1%Decision denial rate+21.15 pts vs state
39.6%Origination rate-22.98 pts vs state
Median rate
Rate spread (pts)
$163kMedian applicant income
42Loans originated
30Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202358130122.9%#72
20241094434.9%#216
20251064228.3%#242

What MASS BAY Credit Union lends in Massachusetts

By loan purpose

Home purchase 41 39% · 2.4% denied
Refinance 13 12% · 23.1% denied
Cash-out refinance 17 16% · 47.1% denied
Home improvement 19 18% · 47.4% denied
Other / HELOC 16 15% · 56.3% denied

By loan type

Conventional 106 100% · 28.3% denied

Where in Massachusetts

Counties with the most MASS BAY Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 30117 23.3%
Suffolk County 2277 31.8%
Norfolk County 1896 33.3%
Plymouth County 1784 23.5%
Worcester County 822 25.0%
Essex County 742 28.6%
Bristol County 302 66.7%
Barnstable County 110 0.0%

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: 106 applications in 2025, of which 42 were originated and 30 denied.

28.3% of all applications, or 41.1% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are MASS BAY Credit Union'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