TD Bank in Massachusetts vs the state
26.9%Denial rate+10.66 pts vs state
33.5%Decision denial rate+13.58 pts vs state
52.3%Origination rate-10.32 pts vs state
7.44%Median rate+0.82 pts vs state
0.32Rate spread (pts)+0.23 pts vs state
$144kMedian applicant income
1,975Loans originated
1,015Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,892 | 2,080 | 29.9% | 8.04% | #11 |
| 2024 | 3,871 | 2,037 | 27.7% | 8.34% | #12 |
| 2025 | 3,778 | 1,975 | 26.9% | 7.44% | #10 |
What TD Bank lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most TD Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 850 | 512 | 156 | 18.4% |
| Essex County | 733 | 377 | 210 | 28.6% |
| Worcester County | 445 | 219 | 127 | 28.5% |
| Hampden County | 405 | 179 | 147 | 36.3% |
| Norfolk County | 338 | 184 | 77 | 22.8% |
| Barnstable County | 283 | 152 | 74 | 26.1% |
| Suffolk County | 248 | 115 | 81 | 32.7% |
| Plymouth County | 183 | 88 | 60 | 32.8% |
| Bristol County | 93 | 46 | 24 | 25.8% |
| Berkshire County | 88 | 37 | 32 | 36.4% |
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% |
| Newrez | D | 3,690 | 21.8% | 6.75% |
Frequently asked questions
Massachusetts: 3,778 applications in 2025, of which 1,975 were originated and 1,015 denied.
26.9% of all applications, or 33.5% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans TD Bank originated in Massachusetts in 2025 was 7.44%, against a statewide median of 6.63%.
About this data. Figures are TD 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