The Loan Store · Massachusetts · 2025

The Loan Store in Massachusetts: approval rate, denial rate and rates (2025)

The Loan Store took 15 mortgage applications in Massachusetts in 2025, ranking #435 of 799 lenders active in the state. It originated 46.7% of them and denied 20.0% (25.0% of the applications it decided), against a statewide denial rate of 16.2%.

15Applicationsin MA
25.0%Decision denial ratestate 20.0%
8.65%Median ratestate 6.63%
$125,000Median loanstate $325,000
$815kVolume7 counties

The Loan Store in Massachusetts vs the state

20.0%Denial rate+3.79 pts vs state
25.0%Decision denial rate+5.05 pts vs state
46.7%Origination rate-15.93 pts vs state
8.65%Median rate+2.03 pts vs state
2.08Rate spread (pts)+1.99 pts vs state
$105kMedian applicant income
7Loans originated
3Denied

What The Loan Store lends in Massachusetts

By loan purpose

Home purchase 1 7% · 0.0% denied
Home improvement 6 40% · 16.7% denied
Other / HELOC 8 53% · 25.0% denied

By loan type

Conventional 15 100% · 20.0% denied

Why it denied Massachusetts applicants

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

Where in Massachusetts

Counties with the most The Loan Store applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 421 25.0%
Plymouth County 310 0.0%
Worcester County 311 33.3%
Suffolk County 210 0.0%
Barnstable County 101 100.0%
Essex County 110 0.0%
Berkshire 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: 15 applications in 2025, of which 7 were originated and 3 denied.

20.0% of all applications, or 25.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans The Loan Store originated in Massachusetts in 2025 was 8.65%, against a statewide median of 6.63%.

About this data. Figures are The Loan Store'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