Newrez in Massachusetts vs the state
21.8%Denial rate+5.63 pts vs state
40.7%Decision denial rate+20.74 pts vs state
31.2%Origination rate-31.41 pts vs state
6.75%Median rate+0.13 pts vs state
0.47Rate spread (pts)+0.38 pts vs state
$117kMedian applicant income
1,151Loans originated
806Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,900 | 621 | 21.5% | 6.63% | #17 |
| 2024 | 2,865 | 951 | 22.0% | 6.99% | #14 |
| 2025 | 3,690 | 1,151 | 21.8% | 6.75% | #11 |
What Newrez lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Newrez applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Worcester County | 655 | 235 | 120 | 18.3% |
| Middlesex County | 613 | 167 | 120 | 19.6% |
| Essex County | 460 | 130 | 101 | 22.0% |
| Plymouth County | 405 | 115 | 92 | 22.7% |
| Bristol County | 346 | 116 | 78 | 22.5% |
| Norfolk County | 331 | 110 | 65 | 19.6% |
| Suffolk County | 277 | 66 | 84 | 30.3% |
| Hampden County | 267 | 89 | 61 | 22.8% |
| Barnstable County | 206 | 77 | 51 | 24.8% |
| Berkshire County | 45 | 14 | 11 | 24.4% |
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: 3,690 applications in 2025, of which 1,151 were originated and 806 denied.
21.8% of all applications, or 40.7% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Newrez originated in Massachusetts in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Newrez'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