Waterstone Mortgage in Massachusetts vs the state
11.1%Denial rate-5.10 pts vs state
18.4%Decision denial rate-1.58 pts vs state
49.4%Origination rate-13.22 pts vs state
6.44%Median rate-0.19 pts vs state
0.40Rate spread (pts)+0.31 pts vs state
$131kMedian applicant income
40Loans originated
9Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 37 | 23 | 13.5% | 6.99% | #338 |
| 2024 | 59 | 41 | 10.2% | 6.88% | #301 |
| 2025 | 81 | 40 | 11.1% | 6.44% | #271 |
What Waterstone Mortgage lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Waterstone Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bristol County | 34 | 17 | 3 | 8.8% |
| Plymouth County | 21 | 14 | 1 | 4.8% |
| Norfolk County | 5 | 1 | 2 | 40.0% |
| Worcester County | 4 | 1 | 1 | 25.0% |
| Middlesex County | 4 | 1 | 1 | 25.0% |
| Berkshire County | 3 | 0 | 0 | 0.0% |
| Barnstable County | 3 | 2 | 1 | 33.3% |
| Hampden County | 3 | 3 | 0 | 0.0% |
| Suffolk County | 2 | 1 | 0 | 0.0% |
| Hampshire County | 2 | 0 | 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: 81 applications in 2025, of which 40 were originated and 9 denied.
11.1% of all applications, or 18.4% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Waterstone Mortgage originated in Massachusetts in 2025 was 6.44%, against a statewide median of 6.63%.
About this data. Figures are Waterstone 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