Mass. Institute of Tech. Federal Credit Union in Massachusetts vs the state
3.9%Denial rate-12.29 pts vs state
5.1%Decision denial rate-14.89 pts vs state
67.7%Origination rate+5.05 pts vs state
6.63%Median rate0.00 pts vs state
0.08Rate spread (pts)-0.02 pts vs state
$205kMedian applicant income
138Loans originated
8Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 264 | 174 | 3.4% | 6.75% | #125 |
| 2024 | 254 | 177 | 3.5% | 6.75% | #130 |
| 2025 | 204 | 138 | 3.9% | 6.63% | #159 |
What Mass. Institute of Tech. Federal Credit Union lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Mass. Institute of Tech. Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 121 | 85 | 4 | 3.3% |
| Essex County | 23 | 14 | 0 | 0.0% |
| Norfolk County | 19 | 13 | 1 | 5.3% |
| Suffolk County | 14 | 10 | 2 | 14.3% |
| Worcester County | 14 | 11 | 0 | 0.0% |
| Plymouth County | 5 | 2 | 1 | 20.0% |
| Barnstable County | 3 | 1 | 0 | 0.0% |
| Hampden County | 2 | 1 | 0 | 0.0% |
| Bristol County | 2 | 1 | 0 | 0.0% |
| Berkshire 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: 204 applications in 2025, of which 138 were originated and 8 denied.
3.9% of all applications, or 5.1% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Mass. Institute of Tech. Federal Credit Union originated in Massachusetts in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Mass. Institute of Tech. Federal 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