Florence Bank mortgage approval rate & lending review
Florence Bank decided 1,280 mortgage applications and funded 1,102 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Florence Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Florence Bank at a glance
Approval is 11.4 points above the 77.3% 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% | 437 / 461 | 98% | $315K | 427 |
| Home improvement loans | 86% | 276 / 321 | 96% | $75K | 266 |
| Refinance | 84% | 355 / 421 | 97% | $175K | 345 |
| Investment property purchase | 90% | 43 / 48 | 95% | $295K | 41 |
Florence Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 89% | $175K | 1,279 | 1,102 |
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 Florence Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Hampshire County, MA | Refinance | 85% | 326 | 266 |
| Hampshire County, MA | Mortgage lenders | 99% | 235 | 223 |
| Hampshire County, MA | Home improvement loans | 86% | 263 | 217 |
| Hampden County, MA | Mortgage lenders | 96% | 212 | 203 |
| Hampden County, MA | Refinance | 85% | 92 | 78 |
| Hampden County, MA | Home improvement loans | 89% | 57 | 49 |
| Hampshire County, MA | Investment property purchase | 82% | 22 | 16 |
The county markets where Florence Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Florence Bank
What is Florence Bank's mortgage approval rate?
Florence Bank approved 88.7% of the 1,280 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 11.4 points above the 77.3% national rate for the same mix of loan types.
How often do borrowers take the loan Florence Bank offers?
Borrowers accepted 97% of the loans Florence 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 Florence Bank make?
The typical home purchase mortgage loan Florence Bank made was $315K; across all loan types its typical loan ran from $75K to $315K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Florence Bank lend?
Florence Bank decided applications in 2 of the states Fat Boy Data covers, most of them in Massachusetts and Connecticut.
Can I apply to Florence Bank directly?
Yes. Florence Bank is a bank or credit union with 14 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Florence 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 Florence Bank treats applications, then get a rate quote from the lender.