Middlesex Savings Bank · Massachusetts · 2025

Middlesex Savings Bank in Massachusetts: approval rate, denial rate and rates (2025)

Middlesex Savings Bank took 1,450 mortgage applications in Massachusetts in 2025, ranking #31 of 799 lenders active in the state. It originated 80.9% of them and denied 9.5% (10.3% of the applications it decided), against a statewide denial rate of 16.2%.

1.5kApplicationsin MA
10.3%Decision denial ratestate 20.0%
6.63%Median ratestate 6.63%
$265,000Median loanstate $325,000
$456MVolume12 counties

Middlesex Savings Bank in Massachusetts vs the state

9.5%Denial rate-6.76 pts vs state
10.3%Decision denial rate-9.64 pts vs state
80.9%Origination rate+18.30 pts vs state
6.63%Median rate0.00 pts vs state
-0.30Rate spread (pts)-0.39 pts vs state
$194kMedian applicant income
1,173Loans originated
137Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202388369611.0%6.69%#46
202478364211.0%8.00%#55
20251,4501,1739.5%6.63%#31

What Middlesex Savings Bank lends in Massachusetts

By loan purpose

Home purchase 436 30% · 4.8% denied
Refinance 337 23% · 9.8% denied
Cash-out refinance 36 2% · 11.1% denied
Home improvement 473 33% · 11.4% denied
Other / HELOC 168 12% · 14.9% denied

By loan type

Conventional 1,450 100% · 9.5% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 71 52%
Collateral 26 19%
Credit history 25 18%
Other 15 11%

Where in Massachusetts

Counties with the most Middlesex Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 77163463 8.2%
Norfolk County 24919427 10.8%
Worcester County 20617617 8.3%
Suffolk County 61487 11.5%
Barnstable County 47412 4.3%
Essex County 43316 14.0%
Plymouth County 36248 22.2%
Bristol County 29226 20.7%
Dukes County 420 0.0%
Hampden County 200 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: 1,450 applications in 2025, of which 1,173 were originated and 137 denied.

9.5% of all applications, or 10.3% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Middlesex Savings Bank originated in Massachusetts in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Middlesex Savings Bank'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