MA · Statewide HMDA 2024

Massachusetts mortgage lending

According to the CFPB HMDA 2024 Snapshot, 675 reporting lenders · 14 counties · 8 metros.

Volume rank is not origination-share rank

According to the CFPB HMDA 2024 Snapshot, Massachusetts ranks #21 of 54 by application volume but #13 of 52 states with 10,000+ applications on origination share (55.6%). Wisconsin leads that origination-share board at 64.0% on 214,597 applications. Volume rank is not origination-share rank.

#13
Origination-share rank of 52
55.6%
Origination share
119,540
Originated
16.6%
Denial rate

According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among states and territories with 10,000+ applications (the same floor as the national denial board). See /methodology#corpus-placement. Informational reporting, not mortgage advice.

CFPB HMDA state filing plate

State MA · Massachusetts 16.6% denial

VOL-MID · DEN-MID · PHOTO-FINISH · ORIG-LOW · BOOK-FULL · LEAD-MIX

  • VOL-MID #21/54
  • DEN-MID 16.6%
  • PHOTO-FINISH Nevada
  • ORIG-LOW 55.6%
  • BOOK-FULL 675 lenders
  • LEAD-MIX 7% top

Photo-finish peer: Nevada · 16.6% denial (+0.0pp vs Massachusetts)

2024 HMDA Snapshot state sheet, volume rank, denial band, origination share, and reporter book. Informational reporting only.

Denial-rate neighbourhood · Massachusetts

Poles and nearest peers by statewide HMDA denial rate, not a full state roster.

Denial band
Hawaii · highest22.4%Massachusetts · this state16.6%Nevada · near16.6%Illinois · near16.5%Oklahoma · near16.1%Tennessee · near16.1%Guam · lowest7.6%

Nationwide states with similar HMDA denial rate or application volume

Two statewide peer sets for Massachusetts: nearest jurisdictions by denial rate and by mortgage applications filed. These are cross-state neighborhoods, distinct from the denial-band chart above.

Top lenders by originations · Massachusetts

Funded loans among HMDA-reporting institutions active in this state.

State market
1. CBNA Year to Date8K2. Rocket Mortgage5K3. Guaranteed Rate, INC.4K4. Leader Bank NA4K5. United Wholesale Mortgage4K6. Crosscountry Mortgage, LLC3K7. Bank of America NA3K8. Eastern Bank3K

Where Massachusetts sits by application volume

2024 CFPB HMDA states and territories, bucketed by mortgage applications filed

214,964 Top 39% higher than 61% of 54 states and territories

This state 0 1,200,000 states and territories, grouped by applications

Each bar is a 150,000-applications band. The dashed line and filled bar mark this state. Hover, tap, or focus a bar for its count and population share.

Source CFPB Home Mortgage Disclosure Act Snapshot National Loan-Level Dataset · 2024 reporting year

Top counties by originations · Massachusetts

In-state county volume from the same HMDA county board linked below.

County mix
1. Middlesex County25K2. Worcester County17K3. Essex County14K4. Norfolk County12K5. Plymouth County11K6. Bristol County10K7. Hampden County8K8. Suffolk County8K

How to read this state sheet. Massachusetts filed 214,964 HMDA-reported applications in 2024 (#21 of 54 by volume) with a 16.6% denial rate - near the national 17.2% baseline. White applicants (127,822 apps) show 16.6% denial; Asian applicants (15,331 apps) show 14.9% denial - rates on groups below 100 applications are marked too small to read. This page is informational data reporting, not financial, legal, or mortgage advice.

Nearby Lenders in Massachusetts

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

# Lender Originated Market Share
1 CBNA Year to Date 7,802 6.5%
2 Rocket Mortgage 5,027 4.2%
3 Guaranteed Rate, INC. 4,444 3.7%
4 Leader Bank NA 4,371 3.7%
5 United Wholesale Mortgage 3,842 3.2%

Reported outcomes by applicant race in Massachusetts

CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.

Race Applications Approval Rate Denial Rate
White 127,822 63.3% 16.6%
Asian 15,331 59.6% 14.9%
Black or African American 13,746 48.7% 28.5%
Joint 4,238 67.4% 12.7%
American Indian or Alaska Native 785 41.7% 31.5%
2 or more minority races 408 46.1% 28.4%
Native Hawaiian or Other Pacific Islander 359 35.4% 45.1%

Every county in Massachusetts, by lending volume

County totals sum the filings geocoded to that county, so they reconcile to the state row above rather than to any single lender's book.

County Applications Originated Denial Rate Avg Loan
Middlesex County 43,678 25,016 14.4% $507,376
Worcester County 30,547 16,957 16.3% $304,356
Essex County 25,025 13,607 17.8% $416,589
Norfolk County 21,648 12,244 16.2% $467,702
Plymouth County 20,918 11,259 18.9% $351,587
Bristol County 18,575 10,037 18.4% $313,395
Suffolk County 15,835 8,300 18.3% $664,077
Hampden County 15,012 8,397 17.1% $219,220
Barnstable County 11,077 6,516 16.0% $417,528
Berkshire County 4,198 2,531 14.5% $221,791
Hampshire County 3,910 2,349 13.6% $246,900
Franklin County 1,973 1,113 14.9% $213,860
Dukes County 949 486 18.6% $797,877
Nantucket County 667 368 19.8% $1,265,015

Metro Areas in Massachusetts

Frequently Asked Questions

How many mortgage applications were filed in Massachusetts?
In the 2024 HMDA reporting year, 214,964 mortgage applications were filed in Massachusetts. Of these, 119,540 were originated (approved and funded), while 35,692 were denied, resulting in a denial rate of 16.6%.
Where does Massachusetts sit among U.S. states for mortgage volume?
According to CFPB HMDA 2024 application volume across U.S. states and territories, Massachusetts ranks #21 of 54. On origination share (originated divided by applications, 10,000-application floor) it ranks #13 of 52 at 55.6%. The /states hub sorts by application volume for this ranking basis. See /methodology#corpus-placement.
What is the mortgage denial rate in Massachusetts?
The mortgage denial rate in Massachusetts is 16.6%, meaning 16.6% of all applications were denied by lenders. The approval (origination) rate is 55.6%.
What is the average mortgage loan amount in Massachusetts?
The average mortgage loan amount in Massachusetts is $411,815. The average interest rate across all loan types is 7.132%.
How many mortgage lenders operate in Massachusetts?
675 mortgage lenders reported HMDA data for Massachusetts. These include banks, credit unions, and independent mortgage companies that filed lending activity for this state.
How do mortgage denial rates vary by demographics in Massachusetts?
Massachusetts reports demographic lending data under HMDA. White applicants (127,822 applications) have an approval rate of 63.3% and denial rate of 16.6%; Asian applicants (15,331 applications) have an approval rate of 59.6% and denial rate of 14.9%; Black or African American applicants (13,746 applications) have an approval rate of 48.7% and denial rate of 28.5%. These figures reflect derived race categories as reported by applicants, and cover only groups with at least 100 applications, since a rate computed on a handful of applications is not readable.
Which counties in Massachusetts have the most mortgage activity?
The top counties by mortgage volume in Massachusetts are Middlesex County (25,016 originations), Worcester County (16,957 originations), Essex County (13,607 originations). There are 14 counties with HMDA mortgage data in the state.

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

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.

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. 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.