Lender profile · HMDA 2023–2025
Berkshire Bank mortgage approval rates & lending data
Berkshire Bank decided 3,756 mortgage applications and funded 2,944 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 93% | 1,551 / 1,675 | 98% | $775K | 1,522 |
| Home improvement loans | 65% | 564 / 872 | 95% | $105K | 537 |
| Cash-out refinance | 78% | 90 / 116 | 98% | $215K | 88 |
| Refinance | 75% | 515 / 685 | 97% | $155K | 498 |
| Investment property purchase | 88% | 238 / 272 | 97% | $535K | 230 |
| Investment refinance | 61% | 28 / 46 | 100% | $395K | 28 |
| Investment home improvement | 40% | 27 / 67 | 93% | $155K | 25 |
Berkshire Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 83% | $785K | 2,800 | 2,266 |
| New York | 68% | $145K | 430 | 274 |
| Connecticut | 71% | $215K | 237 | 163 |
| Rhode Island | 83% | $455K | 153 | 123 |
| New Hampshire | 89% | $435K | 56 | 49 |
| Florida | 90% | $385K | 42 | 34 |
| Maine | 100% | $405K | 17 | 17 |
| New Jersey | 75% | $535K | 8 | 6 |
| Pennsylvania | 100% | $395K | 6 | 6 |
| South Carolina | 100% | $215K | 4 | 4 |
| Vermont | 100% | $305K | 3 | 2 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.