Watertown Savings Bank · Massachusetts · 2025

Watertown Savings Bank in Massachusetts: approval rate, denial rate and rates (2025)

Watertown Savings Bank took 123 mortgage applications in Massachusetts in 2025, ranking #226 of 799 lenders active in the state. It originated 79.7% of them and denied 1.6% (2.0% of the applications it decided), against a statewide denial rate of 16.2%.

123Applicationsin MA
2.0%Decision denial ratestate 20.0%
Median ratestate 6.63%
$595,000Median loanstate $325,000
$68MVolume7 counties

Watertown Savings Bank in Massachusetts vs the state

1.6%Denial rate-14.58 pts vs state
2.0%Decision denial rate-17.97 pts vs state
79.7%Origination rate+17.07 pts vs state
Median rate
Rate spread (pts)
$167kMedian applicant income
98Loans originated
2Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231431162.8%#190
202490690.0%#245
2025123981.6%#226

What Watertown Savings Bank lends in Massachusetts

By loan purpose

Home purchase 89 72% · 2.3% denied
Refinance 22 18% · 0.0% denied
Home improvement 4 3% · 0.0% denied
Other / HELOC 8 7% · 0.0% denied

By loan type

Conventional 123 100% · 1.6% denied

Where in Massachusetts

Counties with the most Watertown Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Middlesex County 105852 1.9%
Norfolk County 630 0.0%
Essex County 430 0.0%
Barnstable County 330 0.0%
Suffolk County 220 0.0%
Worcester County 210 0.0%
Bristol County 110 0.0%

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: 123 applications in 2025, of which 98 were originated and 2 denied.

1.6% of all applications, or 2.0% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Watertown 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