Rockland Trust · Massachusetts · 2025

Rockland Trust in Massachusetts: approval rate, denial rate and rates (2025)

Rockland Trust took 5,990 mortgage applications in Massachusetts in 2025, ranking #6 of 799 lenders active in the state. It originated 54.1% of them and denied 28.6% (33.4% of the applications it decided), against a statewide denial rate of 16.2%.

6.0kApplicationsin MA
33.4%Decision denial ratestate 20.0%
6.99%Median ratestate 6.63%
$205,000Median loanstate $325,000
$1.3BVolume14 counties

Rockland Trust in Massachusetts vs the state

28.6%Denial rate+12.39 pts vs state
33.4%Decision denial rate+13.49 pts vs state
54.1%Origination rate-8.53 pts vs state
6.99%Median rate+0.37 pts vs state
-0.23Rate spread (pts)-0.32 pts vs state
$135kMedian applicant income
3,239Loans originated
1,713Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235,4392,90629.0%7.49%#4
20245,4872,82030.5%7.75%#5
20255,9903,23928.6%6.99%#6

What Rockland Trust lends in Massachusetts

By loan purpose

Home purchase 1,661 28% · 15.1% denied
Refinance 1,402 23% · 27.8% denied
Cash-out refinance 183 3% · 25.1% denied
Home improvement 1,944 32% · 35.8% denied
Other / HELOC 800 13% · 41.5% denied

By loan type

Conventional 5,951 99% · 28.7% denied
FHA 33 1% · 18.2% denied
VA 6 0% · 0.0% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 831 49%
Credit history 639 37%
Collateral 139 8%
Other 98 6%
Unverifiable information 4 0%
Employment history 2 0%

Where in Massachusetts

Counties with the most Rockland Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Plymouth County 1,562871442 28.3%
Norfolk County 942523265 28.1%
Middlesex County 790464178 22.5%
Barnstable County 629358175 27.8%
Suffolk County 627282200 31.9%
Bristol County 584298202 34.6%
Essex County 361169122 33.8%
Worcester County 27915875 26.9%
Dukes County 1025430 29.4%
Nantucket County 784017 21.8%

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%
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: 5,990 applications in 2025, of which 3,239 were originated and 1,713 denied.

28.6% of all applications, or 33.4% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Rockland Trust originated in Massachusetts in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are Rockland Trust'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