Planet Home Lending in Massachusetts vs the state
9.1%Denial rate-7.12 pts vs state
9.4%Decision denial rate-10.52 pts vs state
87.3%Origination rate+24.67 pts vs state
5.50%Median rate-1.13 pts vs state
-0.23Rate spread (pts)-0.33 pts vs state
$162kMedian applicant income
48Loans originated
5Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 15 | 10 | 33.3% | 6.56% | #405 |
| 2024 | 19 | 14 | 26.3% | 6.63% | #407 |
| 2025 | 55 | 48 | 9.1% | 5.50% | #312 |
What Planet Home Lending lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Planet Home Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hampden County | 14 | 12 | 1 | 7.1% |
| Worcester County | 9 | 8 | 1 | 11.1% |
| Bristol County | 9 | 9 | 0 | 0.0% |
| Middlesex County | 9 | 9 | 0 | 0.0% |
| Suffolk County | 4 | 2 | 2 | 50.0% |
| Norfolk County | 3 | 2 | 1 | 33.3% |
| Plymouth County | 2 | 1 | 0 | 0.0% |
| Barnstable County | 2 | 2 | 0 | 0.0% |
| Essex County | 1 | 1 | 0 | 0.0% |
| Berkshire County | 1 | 1 | 0 | 0.0% |
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: 55 applications in 2025, of which 48 were originated and 5 denied.
9.1% of all applications, or 9.4% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Planet Home Lending originated in Massachusetts in 2025 was 5.50%, against a statewide median of 6.63%.
About this data. Figures are Planet Home Lending'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