Webster Bank in Massachusetts vs the state
19.1%Denial rate+2.87 pts vs state
22.7%Decision denial rate+2.71 pts vs state
63.2%Origination rate+0.58 pts vs state
6.38%Median rate-0.25 pts vs state
-0.06Rate spread (pts)-0.15 pts vs state
$222kMedian applicant income
616Loans originated
186Denied
Trend in Massachusetts
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,014 | 644 | 17.9% | 6.74% | #39 |
| 2024 | 1,034 | 677 | 15.6% | 6.63% | #44 |
| 2025 | 975 | 616 | 19.1% | 6.38% | #49 |
What Webster Bank lends in Massachusetts
By loan purpose
By loan type
Why it denied Massachusetts applicants
Where in Massachusetts
Counties with the most Webster Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bristol County | 231 | 126 | 68 | 29.4% |
| Middlesex County | 220 | 150 | 31 | 14.1% |
| Suffolk County | 130 | 87 | 20 | 15.4% |
| Norfolk County | 123 | 87 | 12 | 9.8% |
| Plymouth County | 116 | 74 | 25 | 21.6% |
| Essex County | 67 | 42 | 15 | 22.4% |
| Barnstable County | 37 | 22 | 5 | 13.5% |
| Worcester County | 25 | 13 | 5 | 20.0% |
| Hampden County | 18 | 9 | 4 | 22.2% |
| Dukes County | 3 | 2 | 1 | 33.3% |
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: 975 applications in 2025, of which 616 were originated and 186 denied.
19.1% of all applications, or 22.7% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.
The median rate on loans Webster Bank originated in Massachusetts in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Webster 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