Norwich Commercial Group · Massachusetts · 2025

Norwich Commercial Group in Massachusetts: approval rate, denial rate and rates (2025)

Norwich Commercial Group took 132 mortgage applications in Massachusetts in 2025, ranking #218 of 799 lenders active in the state. It originated 51.5% of them and denied 6.1% (10.4% of the applications it decided), against a statewide denial rate of 16.2%.

132Applicationsin MA
10.4%Decision denial ratestate 20.0%
6.25%Median ratestate 6.63%
$355,000Median loanstate $325,000
$25MVolume11 counties

Norwich Commercial Group in Massachusetts vs the state

6.1%Denial rate-10.15 pts vs state
10.4%Decision denial rate-9.56 pts vs state
51.5%Origination rate-11.08 pts vs state
6.25%Median rate-0.38 pts vs state
0.16Rate spread (pts)+0.07 pts vs state
$122kMedian applicant income
68Loans originated
8Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234192878.6%6.75%#96
202436520918.9%6.63%#97
2025132686.1%6.25%#218

What Norwich Commercial Group lends in Massachusetts

By loan purpose

Home purchase 114 86% · 6.1% denied
Refinance 18 14% · 5.6% denied

By loan type

Conventional 82 62% · 7.3% denied
FHA 32 24% · 6.3% denied
VA 18 14% · 0.0% denied

Why it denied Massachusetts applicants

Collateral 4 50%
Debt-to-income ratio 3 38%
Incomplete application 1 13%

Where in Massachusetts

Counties with the most Norwich Commercial Group applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Worcester County 41202 4.9%
Middlesex County 18102 11.1%
Suffolk County 1240 0.0%
Plymouth County 1290 0.0%
Essex County 1131 9.1%
Norfolk County 1181 9.1%
Bristol County 1060 0.0%
Hampden County 1032 20.0%
Barnstable County 430 0.0%
Franklin County 210 0.0%

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: 132 applications in 2025, of which 68 were originated and 8 denied.

6.1% of all applications, or 10.4% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Norwich Commercial Group originated in Massachusetts in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Norwich Commercial Group'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