Lender profile · HMDA 2023–2025
Eastern Bank mortgage approval rates & lending data
Eastern Bank decided 12,237 mortgage applications and funded 7,948 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 | 80% | 1,802 / 2,249 | 97% | $385K | 1,746 |
| Home improvement loans | 64% | 3,327 / 5,169 | 90% | $115K | 3,011 |
| Cash-out refinance | 59% | 133 / 226 | 98% | $425K | 131 |
| Refinance | 74% | 2,938 / 3,986 | 92% | $205K | 2,713 |
| Investment property purchase | 76% | 182 / 239 | 98% | $475K | 178 |
| Investment cash-out refinance | 68% | 43 / 63 | 86% | $495K | 37 |
| Investment refinance | 55% | 71 / 128 | 89% | $405K | 63 |
| Investment home improvement | 47% | 83 / 177 | 83% | $205K | 69 |
Eastern Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Massachusetts | 70% | $205K | 11,436 | 7,385 |
| New Hampshire | 73% | $175K | 587 | 401 |
| Rhode Island | 80% | $375K | 179 | 137 |
| Connecticut | 77% | $305K | 30 | 22 |
| Maine | 75% | $115K | 4 | 3 |
| South Carolina | 0% | — | 1 | 0 |
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.