Seamen's Bank · Massachusetts · 2025

Seamen's Bank in Massachusetts: approval rate, denial rate and rates (2025)

Seamen's Bank took 101 mortgage applications in Massachusetts in 2025, ranking #249 of 799 lenders active in the state. It originated 70.3% of them and denied 10.9% (12.5% of the applications it decided), against a statewide denial rate of 16.2%.

101Applicationsin MA
12.5%Decision denial ratestate 20.0%
Median ratestate 6.63%
$535,000Median loanstate $325,000
$50MVolume1 counties

Seamen's Bank in Massachusetts vs the state

10.9%Denial rate-5.32 pts vs state
12.5%Decision denial rate-7.45 pts vs state
70.3%Origination rate+7.70 pts vs state
Median rate
Rate spread (pts)
$200kMedian applicant income
71Loans originated
11Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023143999.1%#191
2024104723.9%#225
20251017110.9%#249

What Seamen's Bank lends in Massachusetts

By loan purpose

Home purchase 75 74% · 10.7% denied
Refinance 19 19% · 5.3% denied
Home improvement 3 3% · 33.3% denied
Other / HELOC 4 4% · 25.0% denied

By loan type

Conventional 101 100% · 10.9% denied

Where in Massachusetts

Counties with the most Seamen's Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Barnstable County 1017111 10.9%

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: 101 applications in 2025, of which 71 were originated and 11 denied.

10.9% of all applications, or 12.5% 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 Seamen's 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