Truist Bank · Massachusetts · 2025

Truist Bank in Massachusetts: approval rate, denial rate and rates (2025)

Truist Bank took 72 mortgage applications in Massachusetts in 2025, ranking #285 of 799 lenders active in the state. It originated 77.8% of them and denied 8.3% (9.5% of the applications it decided), against a statewide denial rate of 16.2%.

72Applicationsin MA
9.5%Decision denial ratestate 20.0%
6.16%Median ratestate 6.63%
$740,000Median loanstate $325,000
$102MVolume11 counties

Truist Bank in Massachusetts vs the state

8.3%Denial rate-7.88 pts vs state
9.5%Decision denial rate-10.43 pts vs state
77.8%Origination rate+15.18 pts vs state
6.16%Median rate-0.46 pts vs state
-0.05Rate spread (pts)-0.15 pts vs state
$328kMedian applicant income
56Loans originated
6Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023623714.5%6.13%#284
202444319.1%6.62%#329
202572568.3%6.16%#285

What Truist Bank lends in Massachusetts

By loan purpose

Home purchase 53 74% · 9.4% denied
Refinance 9 13% · 0.0% denied
Cash-out refinance 6 8% · 16.7% denied
Other / HELOC 4 6% · 0.0% denied

By loan type

Conventional 69 96% · 5.8% denied
FHA 3 4% · 66.7% denied

Why it denied Massachusetts applicants

Other 3 50%
Incomplete application 1 17%
Collateral 1 17%
Debt-to-income ratio 1 17%

Where in Massachusetts

Counties with the most Truist Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 18151 5.6%
Essex County 11110 0.0%
Barnstable County 1081 10.0%
Norfolk County 860 0.0%
Worcester County 751 14.3%
Suffolk County 520 0.0%
Dukes County 523 60.0%
Hampden County 330 0.0%
Plymouth County 210 0.0%
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: 72 applications in 2025, of which 56 were originated and 6 denied.

8.3% of all applications, or 9.5% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Truist Bank originated in Massachusetts in 2025 was 6.16%, against a statewide median of 6.63%.

About this data. Figures are Truist 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