Beacon Bank And Trust mortgage approval rate & lending review
Beacon Bank And Trust decided 1,680 mortgage applications and funded 1,243 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Beacon Bank And Trust reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Beacon Bank And Trust at a glance
Approval is 3.0 points above the 72.6% 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 | 83% | 290 / 349 | 99% | $485K | 286 |
| Home improvement loans | 70% | 521 / 749 | 97% | $185K | 506 |
| Refinance | 79% | 372 / 473 | 99% | $305K | 369 |
| Investment property purchase | 91% | 49 / 54 | 94% | $465K | 46 |
| Investment refinance | 79% | 22 / 28 | 91% | $465K | 20 |
| Investment home improvement | 64% | 16 / 25 | 94% | $475K | 15 |
Beacon Bank And Trust lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 75% | $305K | 1,408 | 1,039 |
| Rhode Island | 83% | $195K | 127 | 104 |
| New York | 66% | $215K | 79 | 52 |
| Connecticut | 79% | $105K | 39 | 29 |
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 Beacon Bank And Trust lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Middlesex County, MA | Home improvement loans | 76% | 246 | 183 |
| Middlesex County, MA | Refinance | 78% | 186 | 146 |
| Essex County, MA | Home improvement loans | 66% | 141 | 91 |
| Norfolk County, MA | Mortgage lenders | 86% | 69 | 58 |
| Norfolk County, MA | Home improvement loans | 64% | 92 | 57 |
| Essex County, MA | Refinance | 82% | 66 | 54 |
| Norfolk County, MA | Refinance | 82% | 67 | 54 |
| Suffolk County, MA | Mortgage lenders | 86% | 63 | 53 |
| Suffolk County, MA | Home improvement loans | 68% | 75 | 48 |
| Suffolk County, MA | Refinance | 69% | 42 | 29 |
| Providence County, RI | Refinance | 85% | 26 | 22 |
| Providence County, RI | Home improvement loans | 74% | 23 | 16 |
The county markets where Beacon Bank And Trust made the most loans. Each link opens that market with every lender ranked.
Questions about Beacon Bank And Trust
What is Beacon Bank And Trust's mortgage approval rate?
Beacon Bank And Trust approved 75.7% of the 1,680 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 3.0 points above the 72.6% national rate for the same mix of loan types.
How often do borrowers take the loan Beacon Bank And Trust offers?
Borrowers accepted 98% of the loans Beacon Bank And Trust approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Beacon Bank And Trust make?
The typical home improvement loan loan Beacon Bank And Trust made was $185K; across all loan types its typical loan ran from $185K to $485K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Beacon Bank And Trust lend?
Beacon Bank And Trust decided applications in 9 of the states Fat Boy Data covers, most of them in Massachusetts, Rhode Island and New York.
Can I apply to Beacon Bank And Trust directly?
Yes. Beacon Bank And Trust is a bank or credit union with 151 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Beacon Bank And Trust'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 Beacon Bank And Trust treats applications, then get a rate quote from the lender.