T2 Financial in Massachusetts vs the state
6.6%Denial rate-9.57 pts vs state
7.8%Decision denial rate-12.17 pts vs state
75.8%Origination rate+13.15 pts vs state
6.63%Median rate0.00 pts vs state
0.23Rate spread (pts)+0.14 pts vs state
$196kMedian applicant income
228Loans originated
20Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 23 | 17 | 0.0% | 7.13% | #380 |
| 2024 | 197 | 153 | 4.1% | 6.88% | #156 |
| 2025 | 301 | 228 | 6.6% | 6.63% | #117 |
What T2 Financial lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most T2 Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 132 | 107 | 8 | 6.1% |
| Worcester County | 79 | 57 | 4 | 5.1% |
| Norfolk County | 26 | 21 | 0 | 0.0% |
| Bristol County | 20 | 14 | 1 | 5.0% |
| Suffolk County | 13 | 11 | 1 | 7.7% |
| Essex County | 11 | 8 | 2 | 18.2% |
| Hampden County | 9 | 4 | 3 | 33.3% |
| Plymouth County | 5 | 4 | 0 | 0.0% |
| Barnstable County | 5 | 2 | 0 | 0.0% |
| Berkshire County | 1 | 0 | 1 | 100.0% |
Other large lenders in Massachusetts
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 17,476 | 29.0% | 7.40% |
| Rocket Mortgage | C | 8,698 | 15.9% | 6.75% |
| Bank of America | F | 7,784 | 30.1% | 5.99% |
| Guaranteed Rate | B | 7,313 | 4.5% | 6.50% |
| Eastern Bank | B | 6,216 | 31.8% | 6.99% |
| Rockland Trust | C | 5,990 | 28.6% | 6.99% |
| Leader Bank | A | 5,913 | 1.8% | 6.25% |
| United Shore Financial Services | B | 5,898 | 12.8% | 6.50% |
| Crosscountry Mortgage | B | 5,634 | 3.8% | 6.63% |
| TD Bank | D | 3,778 | 26.9% | 7.44% |
Frequently asked questions
Massachusetts: 301 applications in 2025, of which 228 were originated and 20 denied.
6.6% of all applications, or 7.8% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans T2 Financial originated in Massachusetts in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are T2 Financial'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