Westfield Bank · Massachusetts · 2025

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

Westfield Bank took 940 mortgage applications in Massachusetts in 2025, ranking #52 of 799 lenders active in the state. It originated 79.2% of them and denied 6.7% (7.6% of the applications it decided), against a statewide denial rate of 16.2%.

940Applicationsin MA
7.6%Decision denial ratestate 20.0%
6.38%Median ratestate 6.63%
$175,000Median loanstate $325,000
$160MVolume11 counties

Westfield Bank in Massachusetts vs the state

6.7%Denial rate-9.51 pts vs state
7.6%Decision denial rate-12.34 pts vs state
79.2%Origination rate+16.55 pts vs state
6.38%Median rate-0.25 pts vs state
-0.15Rate spread (pts)-0.24 pts vs state
$100kMedian applicant income
744Loans originated
63Denied

Trend in Massachusetts

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237865638.4%6.38%#52
20248826677.1%7.00%#50
20259407446.7%6.38%#52

What Westfield Bank lends in Massachusetts

By loan purpose

Home purchase 327 35% · 0.6% denied
Refinance 224 24% · 8.0% denied
Home improvement 204 22% · 6.9% denied
Other / HELOC 185 20% · 15.7% denied

By loan type

Conventional 940 100% · 6.7% denied

Why it denied Massachusetts applicants

Debt-to-income ratio 26 41%
Credit history 17 27%
Other 10 16%
Collateral 5 8%
Unverifiable information 3 5%
Incomplete application 1 2%
Employment history 1 2%

Where in Massachusetts

Counties with the most Westfield Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hampden County 79463652 6.5%
Hampshire County 109866 5.5%
Berkshire County 1142 18.2%
Worcester County 1062 20.0%
Franklin County 660 0.0%
Barnstable County 311 33.3%
Middlesex County 320 0.0%
Essex County 110 0.0%
Norfolk County 110 0.0%
Plymouth 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: 940 applications in 2025, of which 744 were originated and 63 denied.

6.7% of all applications, or 7.6% of the applications it actually decided on. The Massachusetts statewide average across all lenders was 16.2%.

The median rate on loans Westfield Bank originated in Massachusetts in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Westfield 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