Berkshire County, Massachusetts · 2025

Mortgage lenders in Berkshire County, MA: denial rates and top lenders (2025)

250 lenders acted on 4,403 mortgage applications for properties in Berkshire County in 2025. 15.9% were denied (Massachusetts: 16.2%). Median rate on closed loans 6.50%; median loan $195,000; median property value $335,000.

4.4kApplications
15.9%Denial ratestate 16.2%
6.50%Median ratestate 6.63%
$195,000Median loan
$335,000Median property value

Largest lenders in Berkshire County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Greylock Federal Credit Union C 1,260906 10.9%6.38%
2 Adams Community Bank C 412269 15.8%6.63%
3 Guild Mortgage A 314230 2.6%6.63%
4 The Pittsfield Co-operative Bank C 205154 9.3%
5 Rocket Mortgage C 165110 20.6%6.75%
6 Lee Bank C 139104 7.9%
7 NBT Bank B 12170 22.3%4.99%
8 Berkshire Bank B 11456 31.6%5.25%
9 TD Bank D 8837 36.4%7.64%
10 Citizens Bank C 8645 36.1%7.40%
11 United Shore Financial Services B 5535 21.8%6.13%
12 Mortgage Research Center C 5516 34.6%6.19%
13 Broker Solutions D 5423 14.8%6.88%
14 MountainOne Bank 4831 12.5%6.49%
15 Brookline Bank B 4724 21.3%4.63%
16 Newrez D 4514 24.4%6.63%
17 AmeriSave Mortgage D 448 77.3%6.31%
18 Loandepot.Com D 4433 13.6%6.99%
19 Pennymac Loan Services C 4315 14.0%6.25%
20 Freedom Mortgage B 4012 15.0%6.31%
21 Guaranteed Rate B 3917 7.7%6.63%
22 Crosscountry Mortgage B 3818 7.9%6.88%
23 Navy Federal Credit Union D 3318 24.2%7.83%
24 Bank of America F 3110 35.5%5.81%
25 Discover Bank F 296 51.7%8.03%

Best approval odds in Berkshire County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Guild Mortgage2483.2%
2Lee Bank1179.4%
3The Pittsfield Co-operative Bank17910.6%
4Greylock Federal Credit Union1,07612.7%
5Adams Community Bank34219.0%
6Rocket Mortgage14922.8%
7NBT Bank10525.7%
8Berkshire Bank9338.7%
9Citizens Bank7939.2%
10TD Bank7145.1%

What Berkshire County borrowers applied for

By loan purpose

Home purchase 2,038 46% · 6.4% denied
Refinance 587 13% · 20.8% denied
Cash-out refinance 486 11% · 29.2% denied
Home improvement 807 18% · 20.8% denied
Other / HELOC 485 11% · 28.7% denied

By loan type

Conventional 3,821 87% · 15.3% denied
FHA 402 9% · 19.9% denied
VA 171 4% · 20.5% denied
USDA / RHS 9 0% · 22.2% denied

Why applications were denied

Credit history 211 32%
Debt-to-income ratio 206 31%
Collateral 109 16%
Incomplete application 63 9%
Other 42 6%
Unverifiable information 23 3%
Insufficient cash 14 2%
Employment history 1 0%

Berkshire County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20234,0912,54816.4%6.63%$175,000
20244,0282,53115.1%6.75%$175,000
20254,4032,72915.9%6.50%$195,000

Frequently asked questions

15.9% of applications in Berkshire County were denied in 2025, against 16.2% statewide in Massachusetts.

Greylock Federal Credit Union, with 1,260 applications in 2025 and a denial rate of 10.9%.

The median mortgage application in Berkshire County in 2025 was for $195,000; the median property value on originated loans was $335,000.