The Cooperative Bank · Massachusetts · 2025

The Cooperative Bank in Massachusetts: approval rate, denial rate and rates (2025)

The Cooperative Bank took 115 mortgage applications in Massachusetts in 2025, ranking #231 of 799 lenders active in the state. It originated 75.7% of them and denied 8.7% (9.7% of the applications it decided), against a statewide denial rate of 16.2%.

115Applicationsin MA
9.7%Decision denial ratestate 20.0%
Median ratestate 6.63%
$505,000Median loanstate $325,000
$58MVolume8 counties

The Cooperative Bank in Massachusetts vs the state

8.7%Denial rate-7.51 pts vs state
9.7%Decision denial rate-10.24 pts vs state
75.7%Origination rate+13.05 pts vs state
Median rate
Rate spread (pts)
$161kMedian applicant income
87Loans originated
10Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023109933.7%#218
2024115869.6%#213
2025115878.7%#231

What The Cooperative Bank lends in Massachusetts

By loan purpose

Home purchase 71 62% · 5.6% denied
Refinance 18 16% · 11.1% denied
Cash-out refinance 11 10% · 0.0% denied
Home improvement 4 3% · 50.0% denied
Other / HELOC 11 10% · 18.2% denied

By loan type

Conventional 115 100% · 8.7% denied

Where in Massachusetts

Counties with the most The Cooperative Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Suffolk County 63474 6.3%
Norfolk County 25154 16.0%
Middlesex County 10100 0.0%
Bristol County 972 22.2%
Plymouth County 550 0.0%
Essex County 110 0.0%
Worcester County 110 0.0%
Barnstable 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: 115 applications in 2025, of which 87 were originated and 10 denied.

8.7% of all applications, or 9.7% 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 The Cooperative 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