PFN Lending Group in Massachusetts vs the state
27.3%Denial rate+11.06 pts vs state
50.0%Decision denial rate+30.05 pts vs state
27.3%Origination rate-35.33 pts vs state
7.25%Median rate+0.63 pts vs state
1.06Rate spread (pts)+0.96 pts vs state
$166kMedian applicant income
3Loans originated
3Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 12 | 8 | 16.7% | 7.69% | #436 |
| 2025 | 11 | 3 | 27.3% | 7.25% | #453 |
What PFN Lending Group lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most PFN Lending Group applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 4 | 1 | 1 | 25.0% |
| Essex County | 4 | 1 | 1 | 25.0% |
| Bristol County | 2 | 1 | 0 | 0.0% |
| Worcester 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: 11 applications in 2025, of which 3 were originated and 3 denied.
27.3% of all applications, or 50.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans PFN Lending Group originated in Massachusetts in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are PFN Lending 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