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2024 data HMDA 2024 disclosure official source

Middlesex County

43,678 mortgage applications, 14.4% denial rate. Verify FIPS 25017 with U.S. Census Bureau →

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Massachusetts · FIPS 25017

Local mortgage market. Middlesex County, Massachusetts saw 43,678 HMDA-reported mortgage applications in 2024. Lenders originated 25,016 of those loans and denied 6,300, producing a denial rate of 14.4% and an approval (origination) rate of 57.3%. The average loan amount was $507,376 at an average note rate of 7.10%, with applicants self-reporting average annual income of $37K. 463 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 13.7x, meaning typical borrowers took on mortgages of about 13.7 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 25017 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

43,678
Applications
25,016
Originated
14.4%
Denial Rate
57.3%
Approval Rate
$507,376
Avg Loan Amount
7.10%
Avg Interest Rate
$37K
Avg Applicant Income
13.7x
Loan-to-Income Ratio

Nearby Lenders in Middlesex 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 CBNA Year to Date 1,955 7.8%
2 Leader Bank NA 1,549 6.2%
3 Guaranteed Rate, INC. 1,508 6.0%
4 Bank of America NA 907 3.6%
5 Rocket Mortgage 900 3.6%
Compare CBNA Year to Date vs Leader Bank NA →

Frequently Asked Questions

How many mortgage applications were filed in Middlesex County?
In the 2024 HMDA reporting year, 43,678 mortgage applications were filed in Middlesex County, Massachusetts. Of these, 25,016 were originated (approved and funded), while 6,300 were denied, resulting in a denial rate of 14.4%.
What is the mortgage denial rate in Middlesex County?
The mortgage denial rate in Middlesex County is 14.4%. The approval (origination) rate is 57.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Middlesex County?
The average mortgage loan amount in Middlesex County is $507,376. The average interest rate is 7.103%. The average applicant income is $37K.
What is the loan-to-income ratio in Middlesex County?
The average loan-to-income ratio in Middlesex County is 13.7x, meaning borrowers took on loans averaging 13.7 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Middlesex County?
The top mortgage lenders in Middlesex County by origination volume are CBNA Year to Date, Leader Bank NA, Guaranteed Rate, INC.. In total, 463 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.