Valon Mortgage · Massachusetts · 2025

Valon Mortgage in Massachusetts: approval rate, denial rate and rates (2025)

Valon Mortgage took 149 mortgage applications in Massachusetts in 2025, ranking #204 of 799 lenders active in the state. It originated 49.0% of them and denied 23.5% (28.0% of the applications it decided), against a statewide denial rate of 16.2%.

149Applicationsin MA
28.0%Decision denial ratestate 20.0%
8.20%Median ratestate 6.63%
$105,000Median loanstate $325,000
$9.1MVolume10 counties

Valon Mortgage in Massachusetts vs the state

23.5%Denial rate+7.28 pts vs state
28.0%Decision denial rate+8.05 pts vs state
49.0%Origination rate-13.61 pts vs state
8.20%Median rate+1.57 pts vs state
1.99Rate spread (pts)+1.90 pts vs state
$107kMedian applicant income
73Loans originated
35Denied

What Valon Mortgage lends in Massachusetts

By loan purpose

Home purchase 1 1% · 0.0% denied
Refinance 17 11% · 29.4% denied
Cash-out refinance 24 16% · 45.8% denied
Home improvement 56 38% · 17.9% denied
Other / HELOC 51 34% · 17.7% denied

By loan type

Conventional 138 93% · 22.5% denied
FHA 11 7% · 36.4% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 21 60%
Incomplete application 9 26%
Credit history 4 11%
Collateral 1 3%

Where in Massachusetts

Counties with the most Valon Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bristol County 26104 15.4%
Plymouth County 20115 25.0%
Essex County 1795 29.4%
Middlesex County 17105 29.4%
Norfolk County 1682 12.5%
Hampden County 1582 13.3%
Worcester County 1592 13.3%
Suffolk County 1034 40.0%
Barnstable County 934 44.4%
Franklin County 422 50.0%

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: 149 applications in 2025, of which 73 were originated and 35 denied.

23.5% of all applications, or 28.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Valon Mortgage originated in Massachusetts in 2025 was 8.20%, against a statewide median of 6.63%.

About this data. Figures are Valon Mortgage'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