MountainOne Bank · Massachusetts · 2025

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

MountainOne Bank took 81 mortgage applications in Massachusetts in 2025, ranking #272 of 799 lenders active in the state. It originated 60.5% of them and denied 16.1% (20.3% of the applications it decided), against a statewide denial rate of 16.2%.

81Applicationsin MA
20.3%Decision denial ratestate 20.0%
6.63%Median ratestate 6.63%
$235,000Median loanstate $325,000
$29MVolume10 counties

MountainOne Bank in Massachusetts vs the state

16.1%Denial rate-0.16 pts vs state
20.3%Decision denial rate+0.36 pts vs state
60.5%Origination rate-2.11 pts vs state
6.63%Median rate0.00 pts vs state
0.24Rate spread (pts)+0.15 pts vs state
$134kMedian applicant income
49Loans originated
13Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231469217.8%5.88%#187
20241117018.0%7.13%#215
2025814916.1%6.63%#272

What MountainOne Bank lends in Massachusetts

By loan purpose

Home purchase 48 59% · 10.4% denied
Refinance 4 5% · 50.0% denied
Cash-out refinance 11 14% · 9.1% denied
Home improvement 12 15% · 25.0% denied
Other / HELOC 6 7% · 33.3% denied

By loan type

Conventional 80 99% · 15.0% denied
FHA 1 1% · 100.0% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 7 54%
Credit history 5 38%
Other 1 8%

Where in Massachusetts

Counties with the most MountainOne Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Berkshire County 48316 12.5%
Plymouth County 16102 12.5%
Norfolk County 623 50.0%
Suffolk County 421 25.0%
Essex County 220 0.0%
Nantucket County 110 0.0%
Hampden County 110 0.0%
Bristol County 100 0.0%
Middlesex County 100 0.0%
Barnstable County 101 100.0%

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: 81 applications in 2025, of which 49 were originated and 13 denied.

16.1% of all applications, or 20.3% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans MountainOne Bank originated in Massachusetts in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are MountainOne 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