Network Funding in Massachusetts vs the state
14.8%Denial rate-1.40 pts vs state
17.4%Decision denial rate-2.56 pts vs state
55.6%Origination rate-7.04 pts vs state
6.75%Median rate+0.13 pts vs state
0.63Rate spread (pts)+0.53 pts vs state
$112kMedian applicant income
15Loans originated
4Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 11 | 6 | 9.1% | 7.00% | #422 |
| 2024 | 13 | 9 | 7.7% | 7.13% | #424 |
| 2025 | 27 | 15 | 14.8% | 6.75% | #389 |
What Network Funding lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Network Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Worcester County | 21 | 12 | 3 | 14.3% |
| Plymouth County | 2 | 1 | 0 | 0.0% |
| Norfolk County | 2 | 2 | 0 | 0.0% |
| Bristol County | 1 | 0 | 0 | 0.0% |
| Hampshire County | 1 | 0 | 1 | 100.0% |
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: 27 applications in 2025, of which 15 were originated and 4 denied.
14.8% of all applications, or 17.4% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Network Funding originated in Massachusetts in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Network Funding'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