Rocket Mortgage · Massachusetts · 2025

Rocket Mortgage in Massachusetts: approval rate, denial rate and rates (2025)

Rocket Mortgage took 8,698 mortgage applications in Massachusetts in 2025, ranking #2 of 799 lenders active in the state. It originated 75.8% of them and denied 15.9% (16.9% of the applications it decided), against a statewide denial rate of 16.2%.

8.7kApplicationsin MA
16.9%Decision denial ratestate 20.0%
6.75%Median ratestate 6.63%
$305,000Median loanstate $325,000
$2.2BVolume14 counties

Rocket Mortgage in Massachusetts vs the state

15.9%Denial rate-0.34 pts vs state
16.9%Decision denial rate-3.09 pts vs state
75.8%Origination rate+13.16 pts vs state
6.75%Median rate+0.13 pts vs state
0.48Rate spread (pts)+0.39 pts vs state
$132kMedian applicant income
6,590Loans originated
1,380Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235,3703,91017.1%6.63%#5
20246,5955,02715.4%6.75%#4
20258,6986,59015.9%6.75%#2

What Rocket Mortgage lends in Massachusetts

By loan purpose

Home purchase 2,202 25% · 12.5% denied
Refinance 1,692 19% · 15.9% denied
Cash-out refinance 4,532 52% · 16.8% denied
Home improvement 89 1% · 28.1% denied
Other / HELOC 183 2% · 27.9% denied

By loan type

Conventional 7,335 84% · 14.6% denied
FHA 1,023 12% · 25.8% denied
VA 340 4% · 13.2% denied

Why it denied Massachusetts applicants

Collateral 512 37%
Debt-to-income ratio 363 26%
Incomplete application 282 20%
Credit history 78 6%
Insufficient cash 60 4%
Other 42 3%
Unverifiable information 31 2%
Employment history 12 1%

Where in Massachusetts

Counties with the most Rocket Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 1,5771,235219 13.9%
Worcester County 1,5601,154251 16.1%
Plymouth County 961743146 15.2%
Essex County 952742148 15.5%
Norfolk County 894706121 13.5%
Bristol County 761591100 13.1%
Hampden County 632456119 18.8%
Suffolk County 482321118 24.5%
Barnstable County 44934074 16.5%
Berkshire County 16511034 20.6%

Other large lenders in Massachusetts

LenderGradeApplicationsDenial rateMedian rate
Citizens BankC 17,47629.0%7.40%
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%
NewrezD 3,69021.8%6.75%

Frequently asked questions

Massachusetts: 8,698 applications in 2025, of which 6,590 were originated and 1,380 denied.

15.9% of all applications, or 16.9% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Rocket Mortgage originated in Massachusetts in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Rocket Mortgage'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