St. Mary's Bank Credit Union · Massachusetts · 2025

St. Mary's Bank Credit Union in Massachusetts: approval rate, denial rate and rates (2025)

St. Mary's Bank Credit Union took 17 mortgage applications in Massachusetts in 2025, ranking #428 of 799 lenders active in the state. It originated 35.3% of them and denied 35.3% (46.2% of the applications it decided), against a statewide denial rate of 16.2%.

17Applicationsin MA
46.2%Decision denial ratestate 20.0%
6.71%Median ratestate 6.63%
$315,000Median loanstate $325,000
$2.7MVolume6 counties

St. Mary's Bank Credit Union in Massachusetts vs the state

35.3%Denial rate+19.08 pts vs state
46.2%Decision denial rate+26.20 pts vs state
35.3%Origination rate-27.31 pts vs state
6.71%Median rate+0.08 pts vs state
0.21Rate spread (pts)+0.11 pts vs state
$121kMedian applicant income
6Loans originated
6Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023231521.7%6.13%#379
2024161118.8%7.25%#419
202517635.3%6.71%#428

What St. Mary's Bank Credit Union lends in Massachusetts

By loan purpose

Home purchase 8 47% · 37.5% denied
Refinance 3 18% · 33.3% denied
Cash-out refinance 4 24% · 25.0% denied
Other / HELOC 2 12% · 50.0% denied

By loan type

Conventional 17 100% · 35.3% denied

Why it denied Massachusetts applicants

Incomplete application 2 33%
Debt-to-income ratio 1 17%
Credit history 1 17%
Other 1 17%
Insufficient cash 1 17%

Where in Massachusetts

Counties with the most St. Mary's Bank Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Essex County 612 33.3%
Worcester County 421 25.0%
Barnstable County 211 50.0%
Middlesex County 210 0.0%
Norfolk County 211 50.0%
Suffolk County 101 100.0%

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: 17 applications in 2025, of which 6 were originated and 6 denied.

35.3% of all applications, or 46.2% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans St. Mary's Bank Credit Union originated in Massachusetts in 2025 was 6.71%, against a statewide median of 6.63%.

About this data. Figures are St. Mary's Bank Credit Union'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