U.S. Bank in Massachusetts vs the state
22.1%Denial rate+5.85 pts vs state
26.8%Decision denial rate+6.85 pts vs state
58.2%Origination rate-4.39 pts vs state
6.49%Median rate-0.13 pts vs state
-0.01Rate spread (pts)-0.10 pts vs state
$210kMedian applicant income
876Loans originated
332Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,491 | 800 | 28.5% | 6.63% | #22 |
| 2024 | 1,610 | 943 | 26.7% | 6.63% | #28 |
| 2025 | 1,505 | 876 | 22.1% | 6.49% | #29 |
What U.S. Bank lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most U.S. Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 512 | 347 | 76 | 14.8% |
| Worcester County | 207 | 115 | 54 | 26.1% |
| Norfolk County | 197 | 124 | 34 | 17.3% |
| Essex County | 134 | 67 | 37 | 27.6% |
| Plymouth County | 122 | 62 | 35 | 28.7% |
| Suffolk County | 107 | 57 | 25 | 23.4% |
| Bristol County | 82 | 39 | 28 | 34.1% |
| Barnstable County | 62 | 30 | 14 | 22.6% |
| Hampden County | 30 | 7 | 17 | 56.7% |
| Nantucket County | 23 | 15 | 2 | 8.7% |
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: 1,505 applications in 2025, of which 876 were originated and 332 denied.
22.1% of all applications, or 26.8% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans U.S. Bank originated in Massachusetts in 2025 was 6.49%, against a statewide median of 6.63%.
About this data. Figures are U.S. 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