The Dart Bank · Massachusetts · 2025

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

The Dart Bank took 61 mortgage applications in Massachusetts in 2025, ranking #299 of 799 lenders active in the state. It originated 90.2% of them and denied 4.9% (5.0% of the applications it decided), against a statewide denial rate of 16.2%.

61Applicationsin MA
5.0%Decision denial ratestate 20.0%
6.49%Median ratestate 6.63%
$525,000Median loanstate $325,000
$32MVolume8 counties

The Dart Bank in Massachusetts vs the state

4.9%Denial rate-11.29 pts vs state
5.0%Decision denial rate-14.95 pts vs state
90.2%Origination rate+27.56 pts vs state
6.49%Median rate-0.13 pts vs state
0.04Rate spread (pts)-0.05 pts vs state
$220kMedian applicant income
55Loans originated
3Denied

What The Dart Bank lends in Massachusetts

By loan purpose

Home purchase 28 46% · 7.1% denied
Refinance 29 48% · 0.0% denied
Cash-out refinance 4 7% · 25.0% denied

By loan type

Conventional 60 98% · 3.3% denied
FHA 1 2% · 100.0% denied

Why it denied Massachusetts applicants

Other 2 67%
Debt-to-income ratio 1 33%

Where in Massachusetts

Counties with the most The Dart Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 21182 9.5%
Essex County 12100 0.0%
Norfolk County 770 0.0%
Worcester County 651 16.7%
Plymouth County 660 0.0%
Suffolk County 550 0.0%
Barnstable County 220 0.0%
Bristol County 220 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: 61 applications in 2025, of which 55 were originated and 3 denied.

4.9% of all applications, or 5.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans The Dart Bank originated in Massachusetts in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are The Dart 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