Savers Co-operative Bank · Massachusetts · 2025

Savers Co-operative Bank in Massachusetts: approval rate, denial rate and rates (2025)

Savers Co-operative Bank took 105 mortgage applications in Massachusetts in 2025, ranking #245 of 799 lenders active in the state. It originated 82.9% of them and denied 5.7% (6.3% of the applications it decided), against a statewide denial rate of 16.2%.

105Applicationsin MA
6.3%Decision denial ratestate 20.0%
Median ratestate 6.63%
$285,000Median loanstate $325,000
$35MVolume7 counties

Savers Co-operative Bank in Massachusetts vs the state

5.7%Denial rate-10.50 pts vs state
6.3%Decision denial rate-13.70 pts vs state
82.9%Origination rate+20.26 pts vs state
Median rate
Rate spread (pts)
$132kMedian applicant income
87Loans originated
6Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202397867.2%#230
2024104896.7%#226
2025105875.7%#245

What Savers Co-operative Bank lends in Massachusetts

By loan purpose

Home purchase 50 48% · 6.0% denied
Refinance 9 9% · 11.1% denied
Cash-out refinance 15 14% · 6.7% denied
Home improvement 17 16% · 5.9% denied
Other / HELOC 14 13% · 0.0% denied

By loan type

Conventional 105 100% · 5.7% denied

Why it denied Massachusetts applicants

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

Where in Massachusetts

Counties with the most Savers Co-operative Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Worcester County 94795 5.3%
Middlesex County 531 20.0%
Hampden County 220 0.0%
Norfolk County 110 0.0%
Berkshire County 100 0.0%
Barnstable County 110 0.0%
Plymouth 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: 105 applications in 2025, of which 87 were originated and 6 denied.

5.7% of all applications, or 6.3% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Savers Co-operative 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