Member First Mortgage · Massachusetts · 2025

Member First Mortgage in Massachusetts: approval rate, denial rate and rates (2025)

Member First Mortgage took 12 mortgage applications in Massachusetts in 2025, ranking #448 of 799 lenders active in the state. It originated 25.0% of them and denied 8.3% (25.0% of the applications it decided), against a statewide denial rate of 16.2%.

12Applicationsin MA
25.0%Decision denial ratestate 20.0%
6.25%Median ratestate 6.63%
$375,000Median loanstate $325,000
$1.0MVolume6 counties

Member First Mortgage in Massachusetts vs the state

8.3%Denial rate-7.88 pts vs state
25.0%Decision denial rate+5.05 pts vs state
25.0%Origination rate-37.60 pts vs state
6.25%Median rate-0.38 pts vs state
0.43Rate spread (pts)+0.33 pts vs state
$118kMedian applicant income
3Loans originated
1Denied

What Member First Mortgage lends in Massachusetts

By loan purpose

Home purchase 10 83% · 10.0% denied
Cash-out refinance 2 17% · 0.0% denied

By loan type

Conventional 3 25% · 0.0% denied
FHA 8 67% · 12.5% denied
VA 1 8% · 0.0% denied

Why it denied Massachusetts applicants

Insufficient cash 1 100%

Where in Massachusetts

Counties with the most Member First Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Worcester County 531 20.0%
Middlesex County 300 0.0%
Franklin County 100 0.0%
Bristol County 100 0.0%
Hampshire County 100 0.0%
Norfolk County 100 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: 12 applications in 2025, of which 3 were originated and 1 denied.

8.3% of all applications, or 25.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Member First Mortgage originated in Massachusetts in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Member First Mortgage'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