HomeMassachusettsInvestment home improvement
investment property improvement lenders · HMDA 2023–2025

Investment property improvement lenders in Massachusetts

Fat Boy Data analyzed investment home improvement loan activity in Massachusetts to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 4,421 applications were decided by 245 lenders between 2023 and 2025.

Massachusetts at a glance

245Active lenders37 with 20+ decisions
57.6%Market approval rate2,547 of 4,421 decided
$205KTypical loanmedian lender, $10K brackets
96%Borrower take-up2,440 loans funded

How Massachusetts compares

Approval rate compared
Massachusetts57.6%All 616 counties51.2%
Typical loan compared
Massachusetts$205KAll 616 counties$115K

What the data shows

The Cape Cod Five Cents Savings Bank made the most investment home improvement loans in Massachusetts, 252 of them.

The Village Bank approved the highest share of applications among lenders with at least 20 decisions here, 100% of 28.

Lenders approved 57.6% of investment home improvement loan applications in Massachusetts, 6.4 percentage points above the the United States rate of 51.2%.

The typical investment home improvement loan here is $205K, 78% larger than the the United States typical of $115K.

No lender with a meaningful sample here has a typical investment home improvement loan at or below $35K, so small jobs are poorly served by the banks in this market.

Approval rate of all 37 lenders with 20+ decisions here
0%25%50%75%100%U.S. Bank National Association: 15% approved of 39Bank of America, National Association: 19% approved of 284Spring Eq, LLC: 20% approved of 20Citizens Bank, National Association: 26% approved of 448Rockland Trust Company: 34% approved of 369Manufacturers and Traders Trust Company: 34% approved of 29Navy Federal Credit Union: 35% approved of 55HarborOne Bank: 35% approved of 26First Technology: 38% approved of 60ROCKLAND Federal Credit Union: 45% approved of 22Eastern Bank: 46% approved of 156The Washington Trust Company, of Westerly: 47% approved of 30TD Bank, National Association: 50% approved of 415Figure Lending LLC: 50% approved of 66Berkshire Bank: 50% approved of 42Hanscom: 52% approved of 25PNC Bank, National Association: 54% approved of 28Direct Federal Credit Union: 54% approved of 28Webster Bank, National Association: 54% approved of 48St. Anne's Credit Union: 57% approved of 28Cornerstone Bank: 61% approved of 82Beacon Bank And Trust: 62% approved of 21Guaranteed Rate, Inc.: 63% approved of 27Bankesb: 73% approved of 37Central One Federal Credit Union: 74% approved of 57Main Street Bank: 78% approved of 36The Cape Cod Five Cents Savings Bank: 80% approved of 321Rocket Mortgage, LLC: 82% approved of 33Homebridge Financial Services, Inc.: 83% approved of 46Deephaven Mortgage LLC: 83% approved of 41BayCoast Bank: 83% approved of 30Everett Co-operative Bank: 86% approved of 22Abl Rpc Residential Credit Acquisition LLC: 93% approved of 92Enterprise Bank and Trust Company: 94% approved of 31Ccg Fund 1 LLC: 96% approved of 248Dedham Institution For Savings: 98% approved of 40The Village Bank: 100% approved of 28

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

Investment property improvement lenders in Massachusetts

LenderApprovalApprovedTaken upTypical loanLoans made
1Citizens Bank, National Association26%116 / 44899%$245K115
2TD Bank, National Association50%206 / 41598%$145K202
3Rockland Trust Company34%126 / 36995%$155K120
4The Cape Cod Five Cents Savings Bank80%257 / 32198%$205K252
5Bank of America, National Association19%53 / 28496%$245K51

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.

Fat Boy found 240 more lenders.

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You are seeing the 5 largest investment home improvement loan lenders in Massachusetts. Unlock every lender who decided one of these loans here, what they approved, how much borrowers actually took, and how far the nearest office is.

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Counties in Massachusetts