Seamen's Bank mortgage approval rate & lending review
Seamen's Bank decided 281 mortgage applications and funded 232 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Seamen's Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Seamen's Bank at a glance
Approval is 9.1 points above the 82.4% 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 | 90% | 81 / 90 | 79% | $495K | 64 |
| Cash-out refinance | 91% | 31 / 34 | 94% | $195K | 29 |
| Investment property purchase | 94% | 103 / 110 | 98% | $605K | 101 |
Seamen's Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 91% | $495K | 281 | 232 |
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 Seamen's Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Barnstable County, MA | Investment property purchase | 94% | 110 | 101 |
| Barnstable County, MA | Mortgage lenders | 90% | 90 | 64 |
| Barnstable County, MA | Cash-out refinance | 91% | 34 | 29 |
The county markets where Seamen's Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Seamen's Bank
What is Seamen's Bank's mortgage approval rate?
Seamen's Bank approved 91.5% of the 281 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 9.1 points above the 82.4% national rate for the same mix of loan types.
How often do borrowers take the loan Seamen's Bank offers?
Borrowers accepted 90% of the loans Seamen's Bank approved, against 95% for all investment property mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Seamen's Bank make?
The typical investment property mortgage loan Seamen's Bank made was $605K; across all loan types its typical loan ran from $195K to $605K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Seamen's Bank lend?
Seamen's Bank decided applications in 1 of the states Fat Boy Data covers, most of them in Massachusetts.
Can I apply to Seamen's Bank directly?
Yes. Seamen's Bank is a bank or credit union with 5 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Seamen's 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 Seamen's Bank treats applications, then get a rate quote from the lender.