Mortgage lender · Tewksbury, MA · LEI 254900F213LCBO4VGA06

The Lowell Five Cent Savings Bank review: approval odds, rates and grade (2025)

The Lowell Five Cent Savings Bank earns a C, in line with the typical performance of investment-property lenders. It turned down 8.0% of the applications it decided on in 2025, which ranks in the 34th percentile for approval odds. Compared against 220 investment-property lenders using 2025 HMDA filings.

226Applications2025
77.0%Originatedof applications
8.0%Decision denial ratenational 22.6%
Median ratenational 6.63%
$144MLoan volume4 states

The Lowell Five Cent Savings Bank at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

7.1%Denial rate (all applications)-10.90 pts vs national
8.0%Denial rate (decided applications)-14.63 pts vs national
77.0%Origination rate+18.96 pts vs national
10.2%Withdrawn by applicant
0.9%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$605,000Median loan amount
Median total loan costs
$160kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

34th8.0% denied

Processwithdrawn + incomplete share, weight 15%

26th11.1%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202322315011.7%14.1%$107M
20242081584.8%5.7%$145M
20252261747.1%8.0%$144M

What The Lowell Five Cent Savings Bank lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 131 58% · 6.1% denied
Refinance 67 30% · 6.0% denied
Home improvement 19 8% · 15.8% denied
Other / HELOC 9 4% · 11.1% denied

By loan type

Conventional 226 100% · 7.1% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 127 investment properties.

Who gets approved at The Lowell Five Cent Savings Bank

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$100k – $150k22185.0%
$150k – $250k26214.6%
Over $250k251718.2%
Applicant ageApplicationsOriginatedDecision denial rate
25–3421155.6%
35–44281620.0%
45–54251626.1%
55–6422179.5%

Where The Lowell Five Cent Savings Bank lends

4 states and 16 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Massachusetts1851397.6%#168
New Hampshire38325.3%#146

Frequently asked questions

The Lowell Five Cent Savings Bank denied 8.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 34th percentile of investment-property lenders.

In 2025, 58% of its applications were for home purchases, 30% for refinancing (including cash-out), and 12% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with The Lowell Five Cent Savings Bank. Data sources · Methodology