OneLocal Bank mortgage approval rate & lending review
OneLocal Bank decided 387 mortgage applications and funded 350 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions OneLocal Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
OneLocal Bank at a glance
Approval is 13.3 points above the 78.7% 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 | 93% | 126 / 135 | 99% | $515K | 125 |
| Home improvement loans | 86% | 48 / 56 | 98% | $75K | 47 |
| Cash-out refinance | 80% | 41 / 51 | 98% | $205K | 40 |
| Investment property purchase | 100% | 89 / 89 | 97% | $975K | 86 |
OneLocal Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 92% | $515K | 387 | 350 |
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 OneLocal Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Norfolk County, MA | Mortgage lenders | 96% | 71 | 68 |
| Norfolk County, MA | Home improvement loans | 89% | 37 | 32 |
| Suffolk County, MA | Investment property purchase | 100% | 31 | 30 |
| Norfolk County, MA | Cash-out refinance | 81% | 36 | 28 |
| Norfolk County, MA | Investment property purchase | 100% | 25 | 24 |
The county markets where OneLocal Bank made the most loans. Each link opens that market with every lender ranked.
Questions about OneLocal Bank
What is OneLocal Bank's mortgage approval rate?
OneLocal Bank approved 92.0% of the 387 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 13.3 points above the 78.7% national rate for the same mix of loan types.
How often do borrowers take the loan OneLocal Bank offers?
Borrowers accepted 98% of the loans OneLocal 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 OneLocal Bank make?
The typical home purchase mortgage loan OneLocal Bank made was $515K; across all loan types its typical loan ran from $75K to $975K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does OneLocal Bank lend?
OneLocal Bank decided applications in 1 of the states Fat Boy Data covers, most of them in Massachusetts.
Can I apply to OneLocal Bank directly?
Yes. OneLocal 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 OneLocal 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 OneLocal Bank treats applications, then get a rate quote from the lender.