Monson Savings Bank · Massachusetts · 2025

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

Monson Savings Bank took 234 mortgage applications in Massachusetts in 2025, ranking #141 of 799 lenders active in the state. It originated 79.1% of them and denied 5.6% (6.4% of the applications it decided), against a statewide denial rate of 16.2%.

234Applicationsin MA
6.4%Decision denial ratestate 20.0%
Median ratestate 6.63%
$285,000Median loanstate $325,000
$70MVolume7 counties

Monson Savings Bank in Massachusetts vs the state

5.6%Denial rate-10.65 pts vs state
6.4%Decision denial rate-13.55 pts vs state
79.1%Origination rate+16.46 pts vs state
Median rate
Rate spread (pts)
$124kMedian applicant income
185Loans originated
13Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231571275.1%#179
20241561207.1%#178
20252341855.6%#141

What Monson Savings Bank lends in Massachusetts

By loan purpose

Home purchase 161 69% · 4.4% denied
Refinance 18 8% · 22.2% denied
Cash-out refinance 26 11% · 0.0% denied
Home improvement 26 11% · 7.7% denied
Other / HELOC 3 1% · 0.0% denied

By loan type

Conventional 234 100% · 5.6% denied

Where in Massachusetts

Counties with the most Monson Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hampden County 18114011 6.1%
Hampshire County 24201 4.2%
Worcester County 18151 5.6%
Berkshire County 550 0.0%
Franklin County 330 0.0%
Barnstable County 220 0.0%
Middlesex 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: 234 applications in 2025, of which 185 were originated and 13 denied.

5.6% of all applications, or 6.4% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Monson 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