St. Mary's Credit Union · Massachusetts · 2025

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

St. Mary's Credit Union took 271 mortgage applications in Massachusetts in 2025, ranking #129 of 799 lenders active in the state. It originated 68.6% of them and denied 12.9% (15.4% of the applications it decided), against a statewide denial rate of 16.2%.

271Applicationsin MA
15.4%Decision denial ratestate 20.0%
6.50%Median ratestate 6.63%
$165,000Median loanstate $325,000
$52MVolume11 counties

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

12.9%Denial rate-3.29 pts vs state
15.4%Decision denial rate-4.53 pts vs state
68.6%Origination rate+6.03 pts vs state
6.50%Median rate-0.13 pts vs state
0.41Rate spread (pts)+0.32 pts vs state
$162kMedian applicant income
186Loans originated
35Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202356541612.7%6.63%#76
202432422615.7%6.63%#106
202527118612.9%6.50%#129

What St. Mary's Credit Union lends in Massachusetts

By loan purpose

Home purchase 75 28% · 6.7% denied
Refinance 17 6% · 23.5% denied
Cash-out refinance 71 26% · 15.5% denied
Home improvement 70 26% · 7.1% denied
Other / HELOC 38 14% · 26.3% denied

By loan type

Conventional 271 100% · 12.9% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 16 46%
Credit history 9 26%
Other 4 11%
Employment history 3 9%
Collateral 2 6%
Insufficient cash 1 3%

Where in Massachusetts

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

CountyApplicationsOriginatedDeniedDenial rate
Worcester County 1238715 12.2%
Middlesex County 1167619 16.4%
Norfolk County 1180 0.0%
Suffolk County 740 0.0%
Essex County 421 25.0%
Plymouth County 220 0.0%
Bristol County 220 0.0%
Hampshire County 220 0.0%
Barnstable County 210 0.0%
Nantucket 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: 271 applications in 2025, of which 186 were originated and 35 denied.

12.9% of all applications, or 15.4% 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 Credit Union originated in Massachusetts in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are St. Mary's 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