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Middlesex County, Massachusetts · 2025

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

550 lenders acted on 44,912 mortgage applications for properties in Middlesex County in 2025. 13.7% were denied (Massachusetts: 16.2%). Median rate on closed loans 6.55%; median loan $425,000; median property value $855,000.

45kApplications
13.7%Denial ratestate 16.2%
6.55%Median ratestate 6.63%
$425,000Median loan
$855,000Median property value

Largest lenders in Middlesex County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Citizens Bank C 4,3192,576 27.4%7.15%
2 Guaranteed Rate B 2,3811,505 3.3%6.48%
3 Leader Bank A 2,0651,710 1.7%6.25%
4 Bank of America F 2,0041,033 24.7%5.99%
5 Rocket Mortgage C 1,5771,235 13.9%6.63%
6 Crosscountry Mortgage B 1,5511,077 3.8%6.63%
7 Eastern Bank B 1,522935 29.2%6.99%
8 Digital D 1,159611 20.4%7.50%
9 United Shore Financial Services B 957701 13.7%6.50%
10 TD Bank D 850512 18.4%7.44%
11 Rockland Trust C 790464 22.5%6.74%
12 Middlesex Savings Bank A 771634 8.2%6.75%
13 Cambridge Savings Bank A 627512 4.9%6.50%
14 Newrez D 613167 19.6%6.63%
15 Workers Federal Credit Union B 588419 9.0%6.25%
16 Manufacturers and Traders Trust C 586425 14.5%5.75%
17 JPMorgan Chase Bank B 572363 7.3%6.25%
18 JEANNE D'ARC Credit Union B 567438 12.7%6.65%
19 U.S. Bank D 512347 14.8%6.25%
20 Movement Mortgage A 498414 2.2%6.56%
21 METRO Credit Union B 468291 10.9%7.00%
22 CMG Mortgage A 466317 4.5%6.63%
23 Fairway Independent Mortgage B 460334 4.4%6.63%
24 Salem Five Mortgage Company A 413341 6.5%6.25%
25 Hanscom Federal Credit Union B 408258 11.0%7.00%

Best approval odds in Middlesex County

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

#LenderDecidedDecision denial rate
1Charles Schwab Bank580.0%
2Middlesex Federal Savings, F.A.570.0%
3Rf Renovo Management Company840.0%
4Emm Loans971.0%
5Members Mortgage Company751.3%
6Morgan Stanley Private Bank1491.3%
7General Mortgage Capital1451.4%
8Northpoint Mortgage601.7%
9The Village Bank1101.8%
10Leader Bank1,7722.0%

What Middlesex County borrowers applied for

By loan purpose

Home purchase 18,398 41% · 5.9% denied
Refinance 10,096 22% · 13.8% denied
Cash-out refinance 5,263 12% · 16.6% denied
Home improvement 6,141 14% · 24.3% denied
Other / HELOC 5,014 11% · 26.1% denied

By loan type

Conventional 42,241 94% · 13.6% denied
FHA 1,890 4% · 17.5% denied
VA 774 2% · 8.4% denied
USDA / RHS 7 0% · 14.3% denied

Why applications were denied

Debt-to-income ratio 2,695 45%
Collateral 1,072 18%
Credit history 985 17%
Incomplete application 440 7%
Other 432 7%
Unverifiable information 185 3%
Insufficient cash 82 1%
Employment history 46 1%

Middlesex County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202336,28423,03216.1%6.75%$355,000
202439,38825,06516.0%6.88%$395,000
202544,91229,14913.7%6.55%$425,000

Frequently asked questions

13.7% of applications in Middlesex County were denied in 2025, against 16.2% statewide in Massachusetts.

Citizens Bank, with 4,319 applications in 2025 and a denial rate of 27.4%.

The median mortgage application in Middlesex County in 2025 was for $425,000; the median property value on originated loans was $855,000.