OCMBC in Massachusetts vs the state
14.1%Denial rate-2.15 pts vs state
15.9%Decision denial rate-4.07 pts vs state
58.2%Origination rate-4.44 pts vs state
7.25%Median rate+0.63 pts vs state
1.14Rate spread (pts)+1.04 pts vs state
$146kMedian applicant income
335Loans originated
81Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 255 | 158 | 25.9% | 8.38% | #129 |
| 2024 | 426 | 271 | 18.1% | 7.88% | #86 |
| 2025 | 576 | 335 | 14.1% | 7.25% | #74 |
What OCMBC lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most OCMBC applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Worcester County | 109 | 61 | 15 | 13.8% |
| Middlesex County | 83 | 51 | 14 | 16.9% |
| Plymouth County | 60 | 43 | 4 | 6.7% |
| Bristol County | 59 | 35 | 15 | 25.4% |
| Hampden County | 54 | 30 | 6 | 11.1% |
| Norfolk County | 52 | 30 | 6 | 11.5% |
| Barnstable County | 48 | 24 | 6 | 12.5% |
| Essex County | 42 | 22 | 10 | 23.8% |
| Suffolk County | 39 | 20 | 4 | 10.3% |
| Dukes County | 13 | 8 | 1 | 7.7% |
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: 576 applications in 2025, of which 335 were originated and 81 denied.
14.1% of all applications, or 15.9% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans OCMBC originated in Massachusetts in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are OCMBC'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