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2024 data HMDA 2024 disclosure official source

Berkshire County

4,198 mortgage applications, 14.5% denial rate. Verify FIPS 25003 with U.S. Census Bureau →

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Massachusetts · FIPS 25003

Local mortgage market. Berkshire County, Massachusetts saw 4,198 HMDA-reported mortgage applications in 2024. Lenders originated 2,531 of those loans and denied 610, producing a denial rate of 14.5% and an approval (origination) rate of 60.3%. The average loan amount was $221,791 at an average note rate of 6.76%, with applicants self-reporting average annual income of $38K. 176 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.8x, meaning typical borrowers took on mortgages of about 5.8 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 25003 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

4,198
Applications
2,531
Originated
14.5%
Denial Rate
60.3%
Approval Rate
$221,791
Avg Loan Amount
6.76%
Avg Interest Rate
$38K
Avg Applicant Income
5.8x
Loan-to-Income Ratio

Nearby Lenders in Berkshire County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Greylock Federal Credit Union 861 34.0%
2 Adams Community Bank 370 14.6%
3 Guild Mortgage Company 200 7.9%
4 Lee Bank 117 4.6%
5 Berkshire Bank 98 3.9%
Compare Greylock Federal Credit Union vs Adams Community Bank →

Frequently Asked Questions

How many mortgage applications were filed in Berkshire County?
In the 2024 HMDA reporting year, 4,198 mortgage applications were filed in Berkshire County, Massachusetts. Of these, 2,531 were originated (approved and funded), while 610 were denied, resulting in a denial rate of 14.5%.
What is the mortgage denial rate in Berkshire County?
The mortgage denial rate in Berkshire County is 14.5%. The approval (origination) rate is 60.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Berkshire County?
The average mortgage loan amount in Berkshire County is $221,791. The average interest rate is 6.760%. The average applicant income is $38K.
What is the loan-to-income ratio in Berkshire County?
The average loan-to-income ratio in Berkshire County is 5.8x, meaning borrowers took on loans averaging 5.8 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Berkshire County?
The top mortgage lenders in Berkshire County by origination volume are Greylock Federal Credit Union, Adams Community Bank, Guild Mortgage Company. In total, 176 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.