Monson Savings Bank mortgage approval rate & lending review
Monson Savings Bank decided 484 mortgage applications and funded 435 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Monson Savings Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Monson Savings Bank at a glance
Approval is 12.1 points above the 81.5% 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 | 96% | 251 / 262 | 96% | $285K | 241 |
| Home improvement loans | 86% | 44 / 51 | 95% | $25K | 42 |
| Cash-out refinance | 90% | 43 / 48 | 93% | $215K | 40 |
| Investment property purchase | 99% | 72 / 73 | 96% | $265K | 69 |
Monson Savings Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 93% | $285K | 442 | 397 |
| Connecticut | 96% | $315K | 28 | 25 |
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 Monson Savings Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Hampden County, MA | Mortgage lenders | 94% | 196 | 178 |
| Hampden County, MA | Investment property purchase | 100% | 45 | 43 |
| Hampden County, MA | Cash-out refinance | 91% | 34 | 30 |
| Hampshire County, MA | Mortgage lenders | 100% | 29 | 28 |
| Hampden County, MA | Home improvement loans | 88% | 33 | 27 |
The county markets where Monson Savings Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Monson Savings Bank
What is Monson Savings Bank's mortgage approval rate?
Monson Savings Bank approved 93.6% of the 484 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 12.1 points above the 81.5% national rate for the same mix of loan types.
How often do borrowers take the loan Monson Savings Bank offers?
Borrowers accepted 96% of the loans Monson 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 Monson Savings Bank make?
The typical home purchase mortgage loan Monson Savings Bank made was $285K; across all loan types its typical loan ran from $25K to $285K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Monson Savings Bank lend?
Monson Savings Bank decided applications in 10 of the states Fat Boy Data covers, most of them in Massachusetts, Connecticut and Maine.
Can I apply to Monson Savings Bank directly?
Yes. Monson Savings Bank is a bank or credit union with 6 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Monson 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 Monson Savings Bank treats applications, then get a rate quote from the lender.