The Washington Trust Company, of Westerly in Massachusetts vs the state
23.9%Denial rate+7.70 pts vs state
31.6%Decision denial rate+11.61 pts vs state
49.1%Origination rate-13.53 pts vs state
6.88%Median rate+0.25 pts vs state
0.01Rate spread (pts)-0.09 pts vs state
$197kMedian applicant income
158Loans originated
77Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 416 | 240 | 21.6% | 6.25% | #99 |
| 2024 | 270 | 133 | 29.6% | 6.99% | #122 |
| 2025 | 322 | 158 | 23.9% | 6.88% | #116 |
What The Washington Trust Company, of Westerly lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most The Washington Trust Company, of Westerly applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 94 | 41 | 22 | 23.4% |
| Norfolk County | 52 | 31 | 11 | 21.2% |
| Bristol County | 47 | 24 | 12 | 25.5% |
| Suffolk County | 33 | 12 | 10 | 30.3% |
| Plymouth County | 27 | 16 | 7 | 25.9% |
| Essex County | 27 | 9 | 10 | 37.0% |
| Worcester County | 25 | 16 | 3 | 12.0% |
| Barnstable County | 9 | 4 | 2 | 22.2% |
| Berkshire County | 2 | 1 | 0 | 0.0% |
| Franklin County | 2 | 2 | 0 | 0.0% |
Other large lenders in Massachusetts
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 17,476 | 29.0% | 7.40% |
| Rocket Mortgage | C | 8,698 | 15.9% | 6.75% |
| Bank of America | F | 7,784 | 30.1% | 5.99% |
| Guaranteed Rate | B | 7,313 | 4.5% | 6.50% |
| Eastern Bank | B | 6,216 | 31.8% | 6.99% |
| Rockland Trust | C | 5,990 | 28.6% | 6.99% |
| Leader Bank | A | 5,913 | 1.8% | 6.25% |
| United Shore Financial Services | B | 5,898 | 12.8% | 6.50% |
| Crosscountry Mortgage | B | 5,634 | 3.8% | 6.63% |
| TD Bank | D | 3,778 | 26.9% | 7.44% |
Frequently asked questions
Massachusetts: 322 applications in 2025, of which 158 were originated and 77 denied.
23.9% of all applications, or 31.6% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans The Washington Trust Company, of Westerly originated in Massachusetts in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are The Washington Trust Company, of Westerly'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