Cape Ann Savings Bank mortgage approval rate & lending review
Cape Ann Savings Bank decided 380 mortgage applications and funded 340 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Cape Ann Savings Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Cape Ann Savings Bank at a glance
Approval is 12.9 points above the 82.1% 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 | 95% | 152 / 160 | 93% | $515K | 142 |
| Refinance | 85% | 56 / 66 | 96% | $325K | 54 |
| Investment property purchase | 100% | 78 / 78 | 96% | $495K | 75 |
| Investment refinance | 98% | 45 / 46 | 93% | $405K | 42 |
Cape Ann Savings Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 95% | $495K | 380 | 340 |
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 Cape Ann Savings Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Essex County, MA | Mortgage lenders | 96% | 139 | 126 |
| Essex County, MA | Investment property purchase | 100% | 75 | 72 |
| Essex County, MA | Refinance | 84% | 64 | 52 |
The county markets where Cape Ann Savings Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Cape Ann Savings Bank
What is Cape Ann Savings Bank's mortgage approval rate?
Cape Ann Savings Bank approved 95.0% of the 380 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.9 points above the 82.1% national rate for the same mix of loan types.
How often do borrowers take the loan Cape Ann Savings Bank offers?
Borrowers accepted 94% of the loans Cape Ann 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 Cape Ann Savings Bank make?
The typical home purchase mortgage loan Cape Ann Savings Bank made was $515K; across all loan types its typical loan ran from $325K to $515K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Cape Ann Savings Bank lend?
Cape Ann Savings Bank decided applications in 1 of the states Fat Boy Data covers, most of them in Massachusetts.
Can I apply to Cape Ann Savings Bank directly?
Yes. Cape Ann Savings Bank is a bank or credit union with 4 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Cape Ann 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 Cape Ann Savings Bank treats applications, then get a rate quote from the lender.