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Mass Bay Credit Union in Massachusetts
HMDA record for properties in Massachusetts, calendar year 2024. National record · Massachusetts overview
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.
In Massachusetts, Mass Bay Credit Union reported 109 applications and 44 originations for 2024, $8.7m in all.
Its denial rate in the state was 44.2%, above the Massachusetts rate of 22.3% across all lenders and compared with the lender's national rate of 42.9%.
Applications in the state were down 81% on 2023.
Compared with the state and the lender's national record
| Measure | In Massachusetts | Massachusetts, all lenders | Mass Bay Credit Union, all states | United States |
|---|---|---|---|---|
| Denial rate | 44.2% | 22.3% | 42.9% | 24.3% |
| Median rate spread, pp | — | 0.2 | — | 0.3 |
| Originations with spread of 1.5 pp or more | — | 11.9% | — | 15.6% |
| Average originated loan | $198k | $432k | $189k | $329k |
| Home purchase share | 18.2% | 50.7% | 17.0% | 57.0% |
| FHA-insured share | 0.0% | 7.5% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 2.5% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMassachusetts, all lenders
Loan purpose and loan type in Massachusetts
By purpose
Home purchase 18% (8)Home improvement 23% (10)Refinancing 5% (2)Cash-out refinancing 23% (10)Other purpose 32% (14)
By type
Conventional 100% (44)
Denial reasons as coded
Share of 38 denials in Massachusetts by first denial reason coded (outlined bar: all lenders in the state).
Counties in Massachusetts
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Middlesex County | 25 | 11 | $3.5m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Mass Bay Credit Union originate in Massachusetts in 2024?
44 loans totalling $8.7m, from 109 applications reported for properties in Massachusetts.
What is Mass Bay Credit Union's denial rate in Massachusetts?
44.2% of decided applications in Massachusetts were denied, against 22.3% for all lenders in the state and 42.9% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Massachusetts counties does Mass Bay Credit Union lend in most?
By originations: Middlesex County (11).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Massachusetts. Built 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.