Quontic Bank · Massachusetts · 2025

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

Quontic Bank took 52 mortgage applications in Massachusetts in 2025, ranking #321 of 799 lenders active in the state. It originated 55.8% of them and denied 11.5% (16.7% of the applications it decided), against a statewide denial rate of 16.2%.

52Applicationsin MA
16.7%Decision denial ratestate 20.0%
8.13%Median ratestate 6.63%
$405,000Median loanstate $325,000
$15MVolume10 counties

Quontic Bank in Massachusetts vs the state

11.5%Denial rate-4.67 pts vs state
16.7%Decision denial rate-3.28 pts vs state
55.8%Origination rate-6.83 pts vs state
8.13%Median rate+1.50 pts vs state
1.90Rate spread (pts)+1.81 pts vs state
$195kMedian applicant income
29Loans originated
6Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202338265.3%8.81%#333
202444314.6%8.88%#328
2025522911.5%8.13%#321

What Quontic Bank lends in Massachusetts

By loan purpose

Home purchase 25 48% · 0.0% denied
Refinance 3 6% · 66.7% denied
Cash-out refinance 11 21% · 27.3% denied
Other / HELOC 13 25% · 7.7% denied

By loan type

Conventional 50 96% · 12.0% denied
FHA 2 4% · 0.0% denied

Why it denied Massachusetts applicants

Other 2 33%
Credit history 2 33%
Debt-to-income ratio 1 17%
Collateral 1 17%

Where in Massachusetts

Counties with the most Quontic Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 15100 0.0%
Worcester County 1035 50.0%
Essex County 740 0.0%
Norfolk County 540 0.0%
Hampden County 420 0.0%
Suffolk County 320 0.0%
Barnstable County 320 0.0%
Plymouth County 211 50.0%
Berkshire County 210 0.0%
Nantucket County 100 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: 52 applications in 2025, of which 29 were originated and 6 denied.

11.5% of all applications, or 16.7% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Quontic Bank originated in Massachusetts in 2025 was 8.13%, against a statewide median of 6.63%.

About this data. Figures are Quontic 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