Peoples Bank · Massachusetts · 2025

Peoples Bank in Massachusetts: approval rate, denial rate and rates (2025)

Peoples Bank took 7 mortgage applications in Massachusetts in 2025, ranking #482 of 799 lenders active in the state. It originated 71.4% of them and denied 14.3% (16.7% of the applications it decided), against a statewide denial rate of 16.2%.

7Applicationsin MA
16.7%Decision denial ratestate 20.0%
Median ratestate 6.63%
$365,000Median loanstate $325,000
$1.8MVolume6 counties

Peoples Bank in Massachusetts vs the state

14.3%Denial rate-1.92 pts vs state
16.7%Decision denial rate-3.28 pts vs state
71.4%Origination rate+8.83 pts vs state
Median rate
Rate spread (pts)
$130kMedian applicant income
5Loans originated
1Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023650.0%#489
20249622.2%#457
20257514.3%#482

What Peoples Bank lends in Massachusetts

By loan purpose

Home purchase 1 14% · 0.0% denied
Cash-out refinance 6 86% · 16.7% denied

By loan type

FHA 6 86% · 16.7% denied
VA 1 14% · 0.0% denied

Where in Massachusetts

Counties with the most Peoples Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Worcester County 211 50.0%
Norfolk County 110 0.0%
Hampden County 100 0.0%
Plymouth County 110 0.0%
Middlesex County 110 0.0%
Barnstable County 110 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: 7 applications in 2025, of which 5 were originated and 1 denied.

14.3% of all applications, or 16.7% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Peoples Bank'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