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Dukes County, Massachusetts
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Dukes County, Massachusetts, saw 859 HMDA-reported applications and 486 originations ($421m) in 2024.
That is 64.1 originations per 1,000 households, against 43.0 for Massachusetts and 48.0 nationally.
The county's denial rate was 25.8%, above the state rate of 22.3%. The median rate spread on originated loans was 0.2 percentage points and 10.6% of originations were 1.5 points or more above the average prime offer rate.
6 lenders reached 25 applications in the county; the most active by originations were Cape Cod Five Cents Savings Bank (61), Marthas Vineyard Bank (60) and Rockland Trust Bank (58).
Originations were about level with 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Cape Cod Five Cents Savings Bank | 112 | 61 | $28m | 21.3% | — |
| 2 | Marthas Vineyard Bank | 75 | 60 | $40m | 6.0% | — |
| 3 | Rockland Trust Bank | 108 | 58 | $33m | 33.3% | — |
| 4 | Baycoast Mortgage Company, LLC | 39 | 31 | $21m | 3.0% | — |
| 5 | Bank of America NA | 53 | 25 | $54m | 35.9% | — |
| 6 | CBNA Year to Date | 37 | 17 | $8.0m | 45.2% | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 6. Denial rate is denials over decided applications in this county.
Compared with Massachusetts and the nation
| Measure | This county | Massachusetts | United States |
|---|---|---|---|
| Denial rate | 25.8% | 22.3% | 24.3% |
| Median rate spread, pp | 0.2 | 0.2 | 0.3 |
| Originations with spread of 1.5 pp or more | 10.6% | 11.9% | 15.6% |
| Average originated loan | $867k | $432k | $329k |
| Originations per 1,000 households | 64.1 | 43.0 | 48.0 |
| Home purchase share of originations | 44.7% | 50.7% | 57.0% |
| FHA-insured share | 2.1% | 7.5% | 13.4% |
| VA-guaranteed share | 0.2% | 2.5% | 7.9% |
Rate spread distribution
Share of 360 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Massachusetts). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 45% (217)Home improvement 16% (78)Refinancing 12% (60)Cash-out refinancing 16% (76)Other purpose 11% (55)
By type
Conventional 98% (475)FHA 2% (10)VA 0% (1)
Trend by year
ApplicationsOriginations
This countyMassachusetts
Questions and answers
Which lenders are most active in Dukes County, MA?
By 2024 originations: Cape Cod Five Cents Savings Bank (61), Marthas Vineyard Bank (60), Rockland Trust Bank (58), Baycoast Mortgage Company, LLC (31), Bank of America NA (25). 6 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Dukes County?
25.8% of decided applications were denied in 2024, against 22.3% across Massachusetts and 24.3% nationally.
How many mortgages were originated in Dukes County in 2024?
486 loans totalling $421m, from 859 applications; 64.1 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 25007; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.