Top Flite Financial · Massachusetts · 2025

Top Flite Financial in Massachusetts: approval rate, denial rate and rates (2025)

Top Flite Financial took 102 mortgage applications in Massachusetts in 2025, ranking #248 of 799 lenders active in the state. It originated 58.8% of them and denied 9.8% (14.1% of the applications it decided), against a statewide denial rate of 16.2%.

102Applicationsin MA
14.1%Decision denial ratestate 20.0%
6.88%Median ratestate 6.63%
$325,000Median loanstate $325,000
$21MVolume11 counties

Top Flite Financial in Massachusetts vs the state

9.8%Denial rate-6.41 pts vs state
14.1%Decision denial rate-5.87 pts vs state
58.8%Origination rate-3.78 pts vs state
6.88%Median rate+0.25 pts vs state
1.47Rate spread (pts)+1.37 pts vs state
$114kMedian applicant income
60Loans originated
10Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231105211.8%6.88%#216
20241024322.6%6.75%#229
2025102609.8%6.88%#248

What Top Flite Financial lends in Massachusetts

By loan purpose

Home purchase 13 13% · 15.4% denied
Refinance 1 1% · 0.0% denied
Cash-out refinance 84 82% · 9.5% denied
Home improvement 4 4% · 0.0% denied

By loan type

Conventional 21 21% · 4.8% denied
FHA 77 75% · 10.4% denied
VA 4 4% · 25.0% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 4 40%
Credit history 4 40%
Other 2 20%

Where in Massachusetts

Counties with the most Top Flite Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Worcester County 20122 10.0%
Bristol County 1492 14.3%
Middlesex County 1482 14.3%
Hampden County 1381 7.7%
Plymouth County 1281 8.3%
Suffolk County 1140 0.0%
Essex County 851 12.5%
Barnstable County 420 0.0%
Norfolk County 311 33.3%
Berkshire County 220 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: 102 applications in 2025, of which 60 were originated and 10 denied.

9.8% of all applications, or 14.1% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Top Flite Financial originated in Massachusetts in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Top Flite Financial'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