Milend in Massachusetts vs the state
12.2%Denial rate-3.97 pts vs state
35.3%Decision denial rate+15.34 pts vs state
20.4%Origination rate-42.19 pts vs state
6.25%Median rate-0.38 pts vs state
0.27Rate spread (pts)+0.17 pts vs state
$94kMedian applicant income
30Loans originated
18Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 120 | 24 | 13.3% | 6.50% | #211 |
| 2024 | 103 | 33 | 7.8% | 6.50% | #228 |
| 2025 | 147 | 30 | 12.2% | 6.25% | #206 |
What Milend lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Milend applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Worcester County | 29 | 4 | 2 | 6.9% |
| Middlesex County | 24 | 5 | 2 | 8.3% |
| Hampden County | 18 | 5 | 3 | 16.7% |
| Bristol County | 18 | 5 | 1 | 5.6% |
| Plymouth County | 17 | 2 | 5 | 29.4% |
| Norfolk County | 13 | 3 | 2 | 15.4% |
| Essex County | 12 | 3 | 3 | 25.0% |
| Suffolk County | 6 | 0 | 0 | 0.0% |
| Barnstable County | 4 | 1 | 0 | 0.0% |
| Hampshire County | 3 | 2 | 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: 147 applications in 2025, of which 30 were originated and 18 denied.
12.2% of all applications, or 35.3% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Milend originated in Massachusetts in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Milend'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