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Norfolk 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.
Lenders reported 19,707 mortgage applications in Norfolk County, Massachusetts, for 2024, and originated 12,262 loans worth $6.1bn.
That is 43.3 originations per 1,000 households, against 43.0 for Massachusetts and 48.0 nationally.
The county's denial rate was 21.6%, close to the state rate of 22.3%. The median rate spread on originated loans was 0.1 percentage points and 10.9% of originations were 1.5 points or more above the average prime offer rate.
107 lenders reached 25 applications in the county; the most active by originations were CBNA Year to Date (1,250), Leader Bank NA (648) and Rocket Mortgage (527).
Originations were up 8% on 2023.
Most active lenders
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 107. Denial rate is denials over decided applications in this county.
Compared with Massachusetts and the nation
| Measure | This county | Massachusetts | United States |
|---|---|---|---|
| Denial rate | 21.6% | 22.3% | 24.3% |
| Median rate spread, pp | 0.1 | 0.2 | 0.3 |
| Originations with spread of 1.5 pp or more | 10.9% | 11.9% | 15.6% |
| Average originated loan | $498k | $432k | $329k |
| Originations per 1,000 households | 43.3 | 43.0 | 48.0 |
| Home purchase share of originations | 49.6% | 50.7% | 57.0% |
| FHA-insured share | 4.5% | 7.5% | 13.4% |
| VA-guaranteed share | 1.5% | 2.5% | 7.9% |
Rate spread distribution
Share of 11,012 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 50% (6,085)Home improvement 14% (1,705)Refinancing 16% (2,015)Cash-out refinancing 9% (1,107)Other purpose 11% (1,350)
By type
Conventional 94% (11,523)FHA 4% (547)VA 2% (190)USDA 0% (2)
Trend by year
ApplicationsOriginations
This countyMassachusetts
Questions and answers
Which lenders are most active in Norfolk County, MA?
By 2024 originations: CBNA Year to Date (1,250), Leader Bank NA (648), Rocket Mortgage (527), Bank of America NA (515), Guaranteed Rate, Inc. (498). 107 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Norfolk County?
21.6% of decided applications were denied in 2024, against 22.3% across Massachusetts and 24.3% nationally.
How many mortgages were originated in Norfolk County in 2024?
12,262 loans totalling $6.1bn, from 19,707 applications; 43.3 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 25021; 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.