The Bank of Canton mortgage approval rate & lending review
The Bank of Canton decided 810 mortgage applications and funded 678 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions The Bank of Canton reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
The Bank of Canton at a glance
Approval is 1.8 points above the 83.7% 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 | 94% | 439 / 466 | 99% | $455K | 435 |
| Home improvement loans | 39% | 22 / 57 | 100% | $35K | 22 |
| Cash-out refinance | 48% | 16 / 33 | 100% | $335K | 16 |
| Refinance | 91% | 53 / 58 | 94% | $505K | 50 |
| Investment property purchase | 85% | 141 / 165 | 95% | $555K | 134 |
| Investment refinance | 68% | 17 / 25 | 94% | $555K | 16 |
The Bank of Canton lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 85% | $455K | 770 | 643 |
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 The Bank of Canton lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Norfolk County, MA | Mortgage lenders | 93% | 137 | 126 |
| Norfolk County, MA | Investment property purchase | 88% | 50 | 42 |
| Suffolk County, MA | Mortgage lenders | 87% | 46 | 40 |
| Middlesex County, MA | Investment property purchase | 85% | 26 | 22 |
| Suffolk County, MA | Investment property purchase | 77% | 31 | 21 |
| Norfolk County, MA | Refinance | 85% | 26 | 20 |
The county markets where The Bank of Canton made the most loans. Each link opens that market with every lender ranked.
Questions about The Bank of Canton
What is The Bank of Canton's mortgage approval rate?
The Bank of Canton approved 85.6% of the 810 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 1.8 points above the 83.7% national rate for the same mix of loan types.
How often do borrowers take the loan The Bank of Canton offers?
Borrowers accepted 98% of the loans The Bank of Canton 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 The Bank of Canton make?
The typical home purchase mortgage loan The Bank of Canton made was $455K; across all loan types its typical loan ran from $35K to $555K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does The Bank of Canton lend?
The Bank of Canton decided applications in 12 of the states Fat Boy Data covers, most of them in Massachusetts, Rhode Island and New Hampshire.
Can I apply to The Bank of Canton directly?
Yes. The Bank of Canton 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 The Bank of Canton'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 The Bank of Canton treats applications, then get a rate quote from the lender.