Morgan Stanley Private Bank in Massachusetts vs the state
2.2%Denial rate-14.05 pts vs state
2.5%Decision denial rate-17.44 pts vs state
80.8%Origination rate+18.16 pts vs state
5.83%Median rate-0.79 pts vs state
-0.23Rate spread (pts)-0.32 pts vs state
$366kMedian applicant income
449Loans originated
12Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 475 | 364 | 4.4% | 5.75% | #86 |
| 2024 | 474 | 396 | 1.9% | 6.00% | #80 |
| 2025 | 556 | 449 | 2.2% | 5.83% | #76 |
What Morgan Stanley Private Bank lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Morgan Stanley Private Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 170 | 143 | 2 | 1.2% |
| Norfolk County | 79 | 65 | 2 | 2.5% |
| Suffolk County | 73 | 57 | 0 | 0.0% |
| Essex County | 58 | 41 | 0 | 0.0% |
| Barnstable County | 47 | 39 | 2 | 4.3% |
| Plymouth County | 41 | 35 | 1 | 2.4% |
| Worcester County | 20 | 14 | 2 | 10.0% |
| Dukes County | 15 | 12 | 2 | 13.3% |
| Bristol County | 14 | 12 | 1 | 7.1% |
| Nantucket County | 14 | 12 | 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: 556 applications in 2025, of which 449 were originated and 12 denied.
2.2% of all applications, or 2.5% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Morgan Stanley Private Bank originated in Massachusetts in 2025 was 5.83%, against a statewide median of 6.63%.
About this data. Figures are Morgan Stanley Private 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