METRO Credit Union · Massachusetts · 2025

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

METRO Credit Union took 1,423 mortgage applications in Massachusetts in 2025, ranking #35 of 799 lenders active in the state. It originated 61.9% of them and denied 11.6% (15.0% of the applications it decided), against a statewide denial rate of 16.2%.

1.4kApplicationsin MA
15.0%Decision denial ratestate 20.0%
6.88%Median ratestate 6.63%
$155,000Median loanstate $325,000
$275MVolume12 counties

METRO Credit Union in Massachusetts vs the state

11.6%Denial rate-4.61 pts vs state
15.0%Decision denial rate-4.92 pts vs state
61.9%Origination rate-0.69 pts vs state
6.88%Median rate+0.25 pts vs state
-0.24Rate spread (pts)-0.33 pts vs state
$144kMedian applicant income
881Loans originated
165Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,2007688.8%7.00%#29
20241,25977911.1%7.50%#37
20251,42388111.6%6.88%#35

What METRO Credit Union lends in Massachusetts

By loan purpose

Home purchase 446 31% · 9.6% denied
Refinance 39 3% · 2.6% denied
Cash-out refinance 259 18% · 11.6% denied
Home improvement 384 27% · 6.3% denied
Other / HELOC 295 21% · 22.7% denied

By loan type

Conventional 1,401 98% · 11.4% denied
FHA 21 1% · 19.1% denied
VA 1 0% · 100.0% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 89 54%
Credit history 41 25%
Other 17 10%
Collateral 7 4%
Unverifiable information 5 3%
Insufficient cash 4 2%
Employment history 2 1%

Where in Massachusetts

Counties with the most METRO Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 46829151 10.9%
Essex County 32019941 12.8%
Suffolk County 20511627 13.2%
Norfolk County 1358813 9.6%
Worcester County 1117710 9.0%
Plymouth County 68396 8.8%
Hampden County 47269 19.1%
Bristol County 36244 11.1%
Barnstable County 21124 19.0%
Hampshire County 650 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: 1,423 applications in 2025, of which 881 were originated and 165 denied.

11.6% of all applications, or 15.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans METRO Credit Union originated in Massachusetts in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are METRO 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