Suffolk County
Massachusetts · FIPS 25025
According to CFPB HMDA 2024 application volume among U.S. counties, Suffolk County ranks #176 of 3,210, and #7 of 14 in Massachusetts.
Mortgage lending activity in Suffolk County, Massachusetts based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Suffolk County, Massachusetts saw 15,835 HMDA-reported mortgage applications in 2024. Lenders originated 8,300 of those loans and denied 2,893, producing a denial rate of 18.3% and an approval (origination) rate of 52.4%. The average loan amount was $664,077 at an average note rate of 6.96%, with applicants self-reporting average annual income of $38K. 362 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 17.5x, meaning typical borrowers took on mortgages of about 17.5 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. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Suffolk County
In Suffolk County, lead originator CBNA Year to Date funded only 7.4% of 8,300 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 19.7% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Suffolk County's 15,835 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Suffolk County's $664,077 average loan (deduped against volume peers).
Lenders active in Suffolk County
CBNA Year to Date funded 617 of the 8,300 loans originated in Suffolk County, 7.4% of the county. 362 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | CBNA Year to Date | 617 | 7.4% |
| 2 | Leader Bank NA | 584 | 7.0% |
| 3 | Guaranteed Rate, INC. | 438 | 5.3% |
| 4 | Crosscountry Mortgage, LLC | 352 | 4.2% |
| 5 | Eastern Bank | 346 | 4.2% |
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; does not constitute financial advice for Suffolk County borrowers.
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 Suffolk County 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. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.