The Savings Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
72nd5.1% deniedProcesswithdrawn + incomplete share, weight 15%
36th14.7%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 219 | 170 | 7.3% | 8.4% | — | $84M |
| 2024 | 211 | 171 | 3.8% | 4.3% | — | $73M |
| 2025 | 184 | 146 | 4.4% | 5.1% | — | $67M |
What The 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
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 20 investment properties.
Who gets approved at The Savings Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $100k – $150k | 28 | 22 | 4.4% |
| $150k – $250k | 80 | 66 | 5.6% |
| Over $250k | 41 | 33 | 2.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 42 | 35 | 0.0% |
| 35–44 | 45 | 34 | 5.3% |
| 45–54 | 27 | 23 | 4.2% |
| 55–64 | 35 | 26 | 7.1% |
Where The Savings Bank lends
2 states and 8 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Massachusetts | 174 | 138 | 4.0% | — | #181 |
| New Hampshire | 10 | 8 | 10.0% | — | #251 |
Frequently asked questions
The Savings Bank denied 5.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 72nd percentile of small mortgage lenders.
In 2025, 47% of its applications were for home purchases, 23% for refinancing (including cash-out), and 29% 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.