Velocity Commercial Capital in Massachusetts vs the state
0.7%Denial rate-15.50 pts vs state
1.3%Decision denial rate-18.65 pts vs state
50.4%Origination rate-12.25 pts vs state
9.87%Median rate+3.24 pts vs state
—Rate spread (pts)
—Median applicant income
71Loans originated
1Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 75 | 37 | 1.3% | 10.99% | #264 |
| 2024 | 107 | 54 | 0.0% | 10.93% | #222 |
| 2025 | 141 | 71 | 0.7% | 9.87% | #212 |
What Velocity Commercial Capital lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Velocity Commercial Capital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Worcester County | 22 | 10 | 0 | 0.0% |
| Suffolk County | 22 | 11 | 0 | 0.0% |
| Bristol County | 20 | 8 | 0 | 0.0% |
| Norfolk County | 15 | 7 | 0 | 0.0% |
| Essex County | 13 | 8 | 0 | 0.0% |
| Middlesex County | 12 | 7 | 0 | 0.0% |
| Hampden County | 12 | 7 | 0 | 0.0% |
| Plymouth County | 11 | 7 | 0 | 0.0% |
| Berkshire County | 6 | 3 | 1 | 16.7% |
| Barnstable County | 4 | 1 | 0 | 0.0% |
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: 141 applications in 2025, of which 71 were originated and 1 denied.
0.7% of all applications, or 1.3% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Velocity Commercial Capital originated in Massachusetts in 2025 was 9.87%, against a statewide median of 6.63%.
About this data. Figures are Velocity Commercial Capital'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