The Lowell Five Cent Savings Bank · Massachusetts · 2025

The Lowell Five Cent Savings Bank in Massachusetts: approval rate, denial rate and rates (2025)

The Lowell Five Cent Savings Bank took 185 mortgage applications in Massachusetts in 2025, ranking #168 of 799 lenders active in the state. It originated 75.1% of them and denied 7.6% (8.6% of the applications it decided), against a statewide denial rate of 16.2%.

185Applicationsin MA
8.6%Decision denial ratestate 20.0%
Median ratestate 6.63%
$645,000Median loanstate $325,000
$122MVolume7 counties

The Lowell Five Cent Savings Bank in Massachusetts vs the state

7.6%Denial rate-8.64 pts vs state
8.6%Decision denial rate-11.31 pts vs state
75.1%Origination rate+12.54 pts vs state
Median rate
Rate spread (pts)
$149kMedian applicant income
139Loans originated
14Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
202317211313.4%#175
20241631236.1%#168
20251851397.6%#168

What The Lowell Five Cent Savings Bank lends in Massachusetts

By loan purpose

Home purchase 105 57% · 5.7% denied
Refinance 56 30% · 7.1% denied
Home improvement 19 10% · 15.8% denied
Other / HELOC 5 3% · 20.0% denied

By loan type

Conventional 185 100% · 7.6% denied

Where in Massachusetts

Counties with the most The Lowell Five Cent Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 1037210 9.7%
Essex County 55464 7.3%
Worcester County 14110 0.0%
Suffolk County 850 0.0%
Norfolk County 330 0.0%
Plymouth 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: 185 applications in 2025, of which 139 were originated and 14 denied.

7.6% of all applications, or 8.6% 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 Lowell Five Cent Savings 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