Mortgage Equity Partners · Massachusetts · 2025

Mortgage Equity Partners in Massachusetts: approval rate, denial rate and rates (2025)

Mortgage Equity Partners took 520 mortgage applications in Massachusetts in 2025, ranking #84 of 799 lenders active in the state. It originated 82.9% of them and denied 6.0% (6.6% of the applications it decided), against a statewide denial rate of 16.2%.

520Applicationsin MA
6.6%Decision denial ratestate 20.0%
6.49%Median ratestate 6.63%
$485,000Median loanstate $325,000
$217MVolume12 counties

Mortgage Equity Partners in Massachusetts vs the state

6.0%Denial rate-10.25 pts vs state
6.6%Decision denial rate-13.31 pts vs state
82.9%Origination rate+20.28 pts vs state
6.49%Median rate-0.13 pts vs state
0.23Rate spread (pts)+0.14 pts vs state
$135kMedian applicant income
431Loans originated
31Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234453486.7%6.75%#91
20245624316.2%6.63%#71
20255204316.0%6.49%#84

What Mortgage Equity Partners lends in Massachusetts

By loan purpose

Home purchase 421 81% · 5.9% denied
Refinance 54 10% · 3.7% denied
Cash-out refinance 41 8% · 9.8% denied
Home improvement 4 1% · 0.0% denied

By loan type

Conventional 403 78% · 5.2% denied
FHA 110 21% · 9.1% denied
VA 7 1% · 0.0% denied

Why it denied Massachusetts applicants

Collateral 10 32%
Debt-to-income ratio 9 29%
Other 5 16%
Employment history 3 10%
Insufficient cash 2 6%
Credit history 1 3%
Unverifiable information 1 3%

Where in Massachusetts

Counties with the most Mortgage Equity Partners applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Essex County 1451263 2.1%
Middlesex County 103886 5.8%
Bristol County 63483 4.8%
Norfolk County 50414 8.0%
Plymouth County 42342 4.8%
Suffolk County 42372 4.8%
Worcester County 38314 10.5%
Hampden County 19144 21.1%
Barnstable County 1292 16.7%
Franklin County 330 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: 520 applications in 2025, of which 431 were originated and 31 denied.

6.0% of all applications, or 6.6% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Mortgage Equity Partners originated in Massachusetts in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are Mortgage Equity Partners'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