USAA Federal Savings Bank in Massachusetts vs the state
25.4%Denial rate+9.15 pts vs state
35.0%Decision denial rate+15.03 pts vs state
46.1%Origination rate-16.53 pts vs state
6.25%Median rate-0.38 pts vs state
-0.17Rate spread (pts)-0.26 pts vs state
$148kMedian applicant income
129Loans originated
71Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 238 | 107 | 21.9% | 6.25% | #138 |
| 2024 | 296 | 133 | 25.0% | 6.38% | #113 |
| 2025 | 280 | 129 | 25.4% | 6.25% | #125 |
What USAA Federal Savings Bank lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most USAA Federal Savings Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Worcester County | 50 | 19 | 16 | 32.0% |
| Middlesex County | 39 | 21 | 9 | 23.1% |
| Hampden County | 38 | 19 | 8 | 21.1% |
| Plymouth County | 37 | 17 | 9 | 24.3% |
| Essex County | 27 | 10 | 7 | 25.9% |
| Norfolk County | 25 | 12 | 6 | 24.0% |
| Bristol County | 22 | 11 | 6 | 27.3% |
| Suffolk County | 13 | 7 | 1 | 7.7% |
| Barnstable County | 9 | 3 | 3 | 33.3% |
| Berkshire County | 8 | 5 | 1 | 12.5% |
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: 280 applications in 2025, of which 129 were originated and 71 denied.
25.4% of all applications, or 35.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans USAA Federal Savings Bank originated in Massachusetts in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are USAA Federal Savings 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