Mission Loans · Massachusetts · 2025

Mission Loans in Massachusetts: approval rate, denial rate and rates (2025)

Mission Loans took 276 mortgage applications in Massachusetts in 2025, ranking #127 of 799 lenders active in the state. It originated 23.9% of them and denied 2.9% (9.6% of the applications it decided), against a statewide denial rate of 16.2%.

276Applicationsin MA
9.6%Decision denial ratestate 20.0%
8.25%Median ratestate 6.63%
$175,000Median loanstate $325,000
$12MVolume13 counties

Mission Loans in Massachusetts vs the state

2.9%Denial rate-13.31 pts vs state
9.6%Decision denial rate-10.31 pts vs state
23.9%Origination rate-38.69 pts vs state
8.25%Median rate+1.63 pts vs state
1.96Rate spread (pts)+1.87 pts vs state
$109kMedian applicant income
66Loans originated
8Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023730.0%7.25%#464
20245680.0%9.63%#307
2025276662.9%8.25%#127

What Mission Loans lends in Massachusetts

By loan purpose

Home purchase 3 1% · 0.0% denied
Refinance 50 18% · 6.0% denied
Cash-out refinance 101 37% · 2.0% denied
Other / HELOC 122 44% · 2.5% denied

By loan type

Conventional 228 83% · 3.1% denied
FHA 40 14% · 2.5% denied
VA 8 3% · 0.0% denied

Why it denied Massachusetts applicants

Collateral 3 38%
Debt-to-income ratio 2 25%
Employment history 1 13%
Unverifiable information 1 13%
Credit history 1 13%

Where in Massachusetts

Counties with the most Mission Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Worcester County 52141 1.9%
Middlesex County 47110 0.0%
Essex County 38101 2.6%
Bristol County 2432 8.3%
Norfolk County 22111 4.5%
Barnstable County 2220 0.0%
Suffolk County 2241 4.5%
Hampden County 2040 0.0%
Plymouth County 1952 10.5%
Berkshire County 400 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: 276 applications in 2025, of which 66 were originated and 8 denied.

2.9% of all applications, or 9.6% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Mission Loans originated in Massachusetts in 2025 was 8.25%, against a statewide median of 6.63%.

About this data. Figures are Mission Loans'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