Lenders › M&T Bank › Massachusetts
M&T Bank 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.
M&T Bank's 2024 HMDA record for Massachusetts covers 2,038 applications, 1,241 of them originated, worth $697m.
Its denial rate in the state was 30.1%, above the Massachusetts rate of 22.3% across all lenders and compared with the lender's national rate of 34.1%.
The median rate spread on its Massachusetts originations was 0.0 percentage points (state median 0.2).
Applications in the state were up 58% on 2023.
Compared with the state and the lender's national record
| Measure | In Massachusetts | Massachusetts, all lenders | M&T Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 30.1% | 22.3% | 34.1% | 24.3% |
| Median rate spread, pp | 0.0 | 0.2 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 12.3% | 11.9% | 30.2% | 15.6% |
| Average originated loan | $561k | $432k | $259k | $329k |
| Home purchase share | 54.2% | 50.7% | 33.4% | 57.0% |
| FHA-insured share | 2.5% | 7.5% | 6.8% | 13.4% |
| VA-guaranteed share | 0.2% | 2.5% | 2.8% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMassachusetts, all lenders
Loan purpose and loan type in Massachusetts
By purpose
Home purchase 54% (673)Home improvement 17% (206)Refinancing 20% (249)Cash-out refinancing 3% (34)Other purpose 6% (79)
By type
Conventional 97% (1,208)FHA 2% (31)VA 0% (2)
Denial reasons as coded
Share of 559 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 | 505 | 342 | $223m | 20.9% |
| Suffolk County | 249 | 187 | $159m | 15.6% |
| Hampden County | 339 | 176 | $25m | 39.8% |
| Norfolk County | 200 | 147 | $126m | 16.8% |
| Essex County | 279 | 136 | $44m | 43.6% |
| Worcester County | 193 | 99 | $38m | 39.8% |
| Plymouth County | 92 | 51 | $34m | 36.9% |
| Barnstable County | 38 | 22 | $15m | 35.3% |
| Hampshire County | 38 | 22 | $4.0m | 29.4% |
| Franklin County | 38 | 22 | $2.3m | 31.4% |
| Bristol County | 40 | 16 | $5.1m | 59.0% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did M&T Bank originate in Massachusetts in 2024?
1,241 loans totalling $697m, from 2,038 applications reported for properties in Massachusetts.
What is M&T Bank's denial rate in Massachusetts?
30.1% of decided applications in Massachusetts were denied, against 22.3% for all lenders in the state and 34.1% 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 M&T Bank lend in most?
By originations: Middlesex County (342), Suffolk County (187), Hampden County (176), Norfolk County (147), Essex County (136).
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 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.