Washington Trust Mortgage Company in Massachusetts vs the state
5.9%Denial rate-10.31 pts vs state
8.5%Decision denial rate-11.47 pts vs state
62.2%Origination rate-0.40 pts vs state
6.49%Median rate-0.13 pts vs state
0.02Rate spread (pts)-0.08 pts vs state
$220kMedian applicant income
464Loans originated
44Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,006 | 725 | 3.6% | 6.13% | #40 |
| 2024 | 675 | 403 | 7.4% | 6.75% | #64 |
| 2025 | 746 | 464 | 5.9% | 6.49% | #63 |
What Washington Trust Mortgage Company lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Washington Trust Mortgage Company applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Middlesex County | 262 | 157 | 10 | 3.8% |
| Suffolk County | 122 | 74 | 7 | 5.7% |
| Norfolk County | 96 | 58 | 7 | 7.3% |
| Worcester County | 94 | 72 | 7 | 7.4% |
| Bristol County | 56 | 32 | 3 | 5.4% |
| Essex County | 45 | 29 | 3 | 6.7% |
| Plymouth County | 44 | 27 | 5 | 11.4% |
| Barnstable County | 12 | 8 | 0 | 0.0% |
| Hampden County | 7 | 2 | 2 | 28.6% |
| Hampshire County | 4 | 3 | 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: 746 applications in 2025, of which 464 were originated and 44 denied.
5.9% of all applications, or 8.5% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Washington Trust Mortgage Company originated in Massachusetts in 2025 was 6.49%, against a statewide median of 6.63%.
About this data. Figures are Washington Trust Mortgage Company'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