Lender in Massachusetts · HMDA 2025
Rate mortgages in Massachusetts
Rate's 2025 home-purchase and refinance lending in Massachusetts, compared with all lenders in the state.
Rate originated 3,770 owner-occupied single-family loans in Massachusetts from 4,017 completed applications, making it the state's #3 lender by volume.
Its median conventional purchase loan costs were $5,630 versus $5,240 for all Massachusetts lenders, at a median 30-year fixed rate of 6.625% (Massachusetts: 6.575%).
Loans in MA
3,770
of 4,017 applications
Denial rate
4.0%
Purchase · MA 6.3%
Rate spread
+0.08 pts
Conv. · MA +0.02 pts
Loan amount
$565,000
Purchase · MA $495,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 3,079 | 2,931 | 4.0% | 6.625% | +0.08 pts | $5,630 | $565,000 |
| Refinance | 690 | 643 | 5.9% | 6.375% | +0.01 pts | $4,360 | $635,000 |
| Cash-out refinance | 248 | 196 | 18.9% | 6.750% | +0.30 pts | $4,720 | $445,000 |
*Conventional loans only; medians with at least 20 loans.
Massachusetts counties where Rate ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Middlesex County | 1 | 1,325 | 8.3% |
| Essex County | 1 | 673 | 8.3% |
| Norfolk County | 3 | 439 | 5.8% |
| Suffolk County | 3 | 346 | 6.4% |
| Worcester County | 4 | 395 | 3.8% |
| Plymouth County | 4 | 276 | 4.2% |
| Bristol County | 9 | 135 | 2.2% |
| Barnstable County | 10 | 46 | 1.9% |
| Hampden County | 11 | 108 | 2.2% |
| Berkshire County | 21 | 8 | 0.6% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology