Mortgage Research Center in Massachusetts vs the state
20.1%Denial rate+3.91 pts vs state
32.2%Decision denial rate+12.20 pts vs state
42.2%Origination rate-20.40 pts vs state
6.13%Median rate-0.50 pts vs state
-0.30Rate spread (pts)-0.40 pts vs state
$121kMedian applicant income
625Loans originated
298Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,037 | 469 | 19.4% | 6.75% | #38 |
| 2024 | 1,169 | 492 | 21.2% | 6.63% | #39 |
| 2025 | 1,481 | 625 | 20.1% | 6.13% | #30 |
What Mortgage Research Center lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Mortgage Research Center applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Worcester County | 322 | 136 | 61 | 18.9% |
| Hampden County | 226 | 116 | 46 | 20.4% |
| Middlesex County | 158 | 68 | 20 | 12.7% |
| Plymouth County | 152 | 56 | 34 | 22.4% |
| Essex County | 125 | 53 | 24 | 19.2% |
| Bristol County | 122 | 49 | 30 | 24.6% |
| Norfolk County | 92 | 35 | 21 | 22.8% |
| Suffolk County | 78 | 29 | 18 | 23.1% |
| Barnstable County | 71 | 23 | 11 | 15.5% |
| Berkshire County | 55 | 16 | 19 | 34.5% |
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: 1,481 applications in 2025, of which 625 were originated and 298 denied.
20.1% of all applications, or 32.2% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Mortgage Research Center originated in Massachusetts in 2025 was 6.13%, against a statewide median of 6.63%.
About this data. Figures are Mortgage Research Center'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