Quincy Credit Union · Massachusetts · 2025

Quincy Credit Union in Massachusetts: approval rate, denial rate and rates (2025)

Quincy Credit Union took 175 mortgage applications in Massachusetts in 2025, ranking #180 of 799 lenders active in the state. It originated 62.3% of them and denied 13.7% (17.7% of the applications it decided), against a statewide denial rate of 16.2%.

175Applicationsin MA
17.7%Decision denial ratestate 20.0%
7.13%Median ratestate 6.63%
$155,000Median loanstate $325,000
$24MVolume8 counties

Quincy Credit Union in Massachusetts vs the state

13.7%Denial rate-2.50 pts vs state
17.7%Decision denial rate-2.30 pts vs state
62.3%Origination rate-0.31 pts vs state
7.13%Median rate+0.50 pts vs state
0.99Rate spread (pts)+0.90 pts vs state
$140kMedian applicant income
109Loans originated
24Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202323013620.0%6.69%#142
20241348720.2%7.50%#196
202517510913.7%7.13%#180

What Quincy Credit Union lends in Massachusetts

By loan purpose

Home purchase 37 21% · 16.2% denied
Refinance 17 10% · 17.7% denied
Cash-out refinance 64 37% · 15.6% denied
Other / HELOC 57 33% · 8.8% denied

By loan type

Conventional 175 100% · 13.7% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 9 38%
Incomplete application 6 25%
Collateral 5 21%
Credit history 3 13%
Other 1 4%

Where in Massachusetts

Counties with the most Quincy Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Norfolk County 824614 17.1%
Plymouth County 73515 6.8%
Bristol County 953 33.3%
Suffolk County 310 0.0%
Barnstable County 330 0.0%
Hampden County 202 100.0%
Worcester County 220 0.0%
Middlesex 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: 175 applications in 2025, of which 109 were originated and 24 denied.

13.7% of all applications, or 17.7% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Quincy Credit Union originated in Massachusetts in 2025 was 7.13%, against a statewide median of 6.63%.

About this data. Figures are Quincy Credit Union'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