Main Street Bank mortgage approval rate & lending review
Main Street Bank decided 729 mortgage applications and funded 625 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Main Street Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Main Street Bank at a glance
Approval is 10.4 points above the 76.7% 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% | 258 / 271 | 99% | $505K | 255 |
| Home improvement loans | 76% | 130 / 171 | 97% | $105K | 126 |
| Cash-out refinance | 80% | 40 / 50 | 98% | $275K | 39 |
| Refinance | 83% | 88 / 106 | 99% | $205K | 87 |
| Investment property purchase | 95% | 75 / 79 | 99% | $335K | 74 |
| Investment home improvement | 79% | 30 / 38 | 100% | $175K | 30 |
Main Street Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 87% | $335K | 701 | 602 |
| New Hampshire | 78% | $285K | 23 | 18 |
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 Main Street Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Middlesex County, MA | Home improvement loans | 77% | 92 | 67 |
| Middlesex County, MA | Refinance | 84% | 69 | 58 |
| Worcester County, MA | Home improvement loans | 76% | 63 | 48 |
| Middlesex County, MA | Investment property purchase | 97% | 35 | 33 |
| Middlesex County, MA | Cash-out refinance | 81% | 27 | 22 |
| Worcester County, MA | Investment property purchase | 91% | 22 | 20 |
| Worcester County, MA | Refinance | 70% | 23 | 15 |
The county markets where Main Street Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Main Street Bank
What is Main Street Bank's mortgage approval rate?
Main Street Bank approved 87.1% of the 729 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 10.4 points above the 76.7% national rate for the same mix of loan types.
How often do borrowers take the loan Main Street Bank offers?
Borrowers accepted 98% of the loans Main Street 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 Main Street Bank make?
The typical home purchase mortgage loan Main Street Bank made was $505K; across all loan types its typical loan ran from $105K to $505K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Main Street Bank lend?
Main Street Bank decided applications in 5 of the states Fat Boy Data covers, most of them in Massachusetts, New Hampshire and Maine.
Can I apply to Main Street Bank directly?
Yes. Main Street Bank is a bank or credit union with 27 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Main Street 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 Main Street Bank treats applications, then get a rate quote from the lender.