Bay State Savings Bank mortgage approval rate & lending review
Bay State Savings Bank decided 281 mortgage applications and funded 211 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Bay State Savings Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Bay State Savings Bank at a glance
Approval is 3.2 points below the 80.1% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 81% | 118 / 146 | 99% | $315K | 117 |
| Home improvement loans | 90% | 38 / 42 | 92% | $75K | 35 |
| Cash-out refinance | 63% | 19 / 30 | 100% | $135K | 19 |
| Investment property purchase | 62% | 16 / 26 | 94% | $465K | 15 |
Bay State Savings Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 77% | $315K | 274 | 207 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Bay State Savings Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Worcester County, MA | Mortgage lenders | 83% | 119 | 98 |
| Worcester County, MA | Home improvement loans | 91% | 35 | 29 |
| Worcester County, MA | Cash-out refinance | 69% | 26 | 18 |
| Worcester County, MA | Refinance | 81% | 21 | 17 |
The county markets where Bay State Savings Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Bay State Savings Bank
What is Bay State Savings Bank's mortgage approval rate?
Bay State Savings Bank approved 76.9% of the 281 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 3.2 points below the 80.1% national rate for the same mix of loan types.
How often do borrowers take the loan Bay State Savings Bank offers?
Borrowers accepted 98% of the loans Bay State Savings Bank approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Bay State Savings Bank make?
The typical home purchase mortgage loan Bay State Savings Bank made was $315K; across all loan types its typical loan ran from $75K to $465K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Bay State Savings Bank lend?
Bay State Savings Bank decided applications in 4 of the states Fat Boy Data covers, most of them in Massachusetts, Maine and Connecticut.
Can I apply to Bay State Savings Bank directly?
Yes. Bay State Savings Bank is a bank or credit union with 7 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Bay State Savings Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Bay State Savings Bank treats applications, then get a rate quote from the lender.