Navy Federal Credit Union in Massachusetts vs the state
21.7%Denial rate+5.52 pts vs state
30.8%Decision denial rate+10.82 pts vs state
48.1%Origination rate-14.55 pts vs state
7.75%Median rate+1.13 pts vs state
0.52Rate spread (pts)+0.43 pts vs state
$151kMedian applicant income
690Loans originated
312Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,168 | 547 | 26.3% | 7.13% | #31 |
| 2024 | 1,337 | 691 | 18.7% | 7.38% | #31 |
| 2025 | 1,436 | 690 | 21.7% | 7.75% | #34 |
What Navy Federal Credit Union lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Navy Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 219 | 102 | 41 | 18.7% |
| Bristol County | 187 | 93 | 39 | 20.9% |
| Plymouth County | 187 | 86 | 50 | 26.7% |
| Worcester County | 178 | 100 | 29 | 16.3% |
| Essex County | 155 | 65 | 47 | 30.3% |
| Norfolk County | 124 | 62 | 26 | 21.0% |
| Hampden County | 114 | 56 | 22 | 19.3% |
| Suffolk County | 107 | 41 | 25 | 23.4% |
| Barnstable County | 80 | 40 | 18 | 22.5% |
| Hampshire County | 36 | 16 | 4 | 11.1% |
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: 1,436 applications in 2025, of which 690 were originated and 312 denied.
21.7% of all applications, or 30.8% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Navy Federal Credit Union originated in Massachusetts in 2025 was 7.75%, against a statewide median of 6.63%.
About this data. Figures are Navy Federal Credit Union'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