Plains Commerce Bank · Massachusetts · 2025

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

Plains Commerce Bank took 53 mortgage applications in Massachusetts in 2025, ranking #316 of 799 lenders active in the state. It originated 66.0% of them and denied 7.6% (10.3% of the applications it decided), against a statewide denial rate of 16.2%.

53Applicationsin MA
10.3%Decision denial ratestate 20.0%
6.63%Median ratestate 6.63%
$555,000Median loanstate $325,000
$20MVolume9 counties

Plains Commerce Bank in Massachusetts vs the state

7.6%Denial rate-8.66 pts vs state
10.3%Decision denial rate-9.69 pts vs state
66.0%Origination rate+3.44 pts vs state
6.63%Median rate0.00 pts vs state
0.28Rate spread (pts)+0.18 pts vs state
$176kMedian applicant income
35Loans originated
4Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202389514.5%7.13%#243
202490500.0%6.75%#247
202553357.6%6.63%#316

What Plains Commerce Bank lends in Massachusetts

By loan purpose

Home purchase 43 81% · 7.0% denied
Refinance 4 8% · 0.0% denied
Cash-out refinance 6 11% · 16.7% denied

By loan type

Conventional 44 83% · 9.1% denied
FHA 5 9% · 0.0% denied
VA 4 8% · 0.0% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 3 75%
Other 1 25%

Where in Massachusetts

Counties with the most Plains Commerce Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 18111 5.6%
Worcester County 1061 10.0%
Essex County 761 14.3%
Plymouth County 530 0.0%
Norfolk County 531 20.0%
Suffolk County 330 0.0%
Bristol County 210 0.0%
Hampden County 210 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: 53 applications in 2025, of which 35 were originated and 4 denied.

7.6% of all applications, or 10.3% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Plains Commerce Bank originated in Massachusetts in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Plains Commerce 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