Mortgage Lenders and Brokers in Somerville, Massachusetts
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Somerville, Massachusetts mortgage lenders include Cambridge Savings BankCambridge Savings Bank475 Foley St, Somerville, MA 02145A5.0 ★Texas Ratio: 9.52%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA702 Grand Union Blvd, Somerville, MA 02145A+5.0 ★Texas Ratio: 3.68%, East Cambridge Savings BankEast Cambridge Savings Bank285 Highland Ave, Somerville, MA 02143A+5.0 ★Texas Ratio: 1.72%, Middlesex Federal SavingsMiddlesex Federal Savings1 College Ave, Somerville, MA 02144A+5.0 ★Texas Ratio: 0.41%, Citizens Bank, NACitizens Bank, NA212 Elm St, Somerville, MA 02144A+5.0 ★Texas Ratio: 5.44%, Bank of America NABank of America NA406 Highland Ave, Somerville, MA 02144A+5.0 ★Texas Ratio: 4.14%, Eastern BankEastern Bank102 Fellsway W, Somerville, MA 02145A+5.0 ★Texas Ratio: 2.61%, Rockland Trust BankRockland Trust Bank37 Union Sq, Somerville, MA 02143A+5.0 ★Texas Ratio: 2.64%, PNC Bank N.A.PNC Bank N.A.405 Grand Union Blvd, Somerville, MA 02145A+5.0 ★Texas Ratio: 4.24%, and Winter Hill BankWinter Hill Bank5 Cutter Ave, Somerville, MA 02144A+5.0 ★Texas Ratio: 0.00%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in Somerville, Massachusetts in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Somerville are listed first, then lenders elsewhere in Massachusetts, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Mortgage Lenders and Brokers in Somerville, Massachusetts
Market share is the lender's share of all home loans closed in Somerville, Massachusetts. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
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1 office in Somerville 475 Foley St, Somerville, MA 02145 A5.0 ★Texas Ratio: 9.52% |
Conventional, Jumbo, HELOC | 20 +9 HELOCs |
3.2% | 100% | $775,500 | View |
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2 offices in Somerville 702 Grand Union Blvd, Somerville, MA 02145 A+5.0 ★Texas Ratio: 3.68% |
Conventional, Jumbo | 19 | 3.1% | 95.2% | $667,105 | View |
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1 office in Somerville 285 Highland Ave, Somerville, MA 02143 A+5.0 ★Texas Ratio: 1.72% |
Conventional, Jumbo | 17 | 2.8% | 94.4% | $768,529 | View |
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1 office in Somerville 1 College Ave, Somerville, MA 02144 A+5.0 ★Texas Ratio: 0.41% |
Conventional, Jumbo | 14 | 2.3% | 100% | $1,090,714 | View |
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3 offices in Somerville 212 Elm St, Somerville, MA 02144 A+5.0 ★Texas Ratio: 5.44% |
Conventional, Jumbo, HELOC | 13 +42 HELOCs |
2.1% | 100% | $578,846 | View |
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1 office in Somerville 406 Highland Ave, Somerville, MA 02144 A+5.0 ★Texas Ratio: 4.14% |
Conventional, Jumbo, HELOC | 11 +9 HELOCs |
1.8% | 100% | $916,818 | View |
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1 office in Somerville 102 Fellsway W, Somerville, MA 02145 A+5.0 ★Texas Ratio: 2.61% |
Conventional, Jumbo, HELOC | 7 +24 HELOCs |
1.1% | 100% | $765,000 | View |
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2 offices in Somerville 37 Union Sq, Somerville, MA 02143 A+5.0 ★Texas Ratio: 2.64% |
Conventional, Jumbo, HELOC | 7 +10 HELOCs |
1.1% | 77.8% | $652,142 | View |
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★ 1.7 stars, 3 reviews 1 office in Somerville 405 Grand Union Blvd, Somerville, MA 02145 A+5.0 ★Texas Ratio: 4.24% |
Conventional, HELOC | 3 +3 HELOCs |
0.5% | 100% | $711,666 | View |
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2 offices in Somerville 5 Cutter Ave, Somerville, MA 02144 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 3 | 0.5% | 100% | $268,333 | View |
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1201 Massachusetts Ave, Arlington, MA 02476 A+5.0 ★Texas Ratio: 0.22% |
Conventional, Jumbo, HELOC | 82 +10 HELOCs |
13.3% | 98.8% | $698,658 | View |
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806 Suffield St, Agawam, MA 01001 A+5.0 ★Texas Ratio: 4.11% |
Conventional, Jumbo, HELOC | 13 +1 HELOCs |
2.1% | 100% | $804,230 | View |
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419 Broadway, Everett, MA 02149 A+5.0 ★Texas Ratio: 0.89% |
Conventional, Jumbo | 8 | 1.3% | 100% | $1,447,500 | View |
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399 Revolution Dr Rm 3E30, Somerville, MA 02145 1484 A5.0 ★Texas Ratio: 9.82% |
Conventional, Jumbo, HELOC | 7 +5 HELOCs |
1.1% | 100% | $500,714 | View |
Bankesb
770 Main St, Agawam, MA 01001 |
Conventional, HELOC | 6 +1 HELOCs |
1% | 100% | $533,333 | |
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19 Church St, Winchester, MA 01890 A+5.0 ★Texas Ratio: 2.71% |
Conventional, Jumbo | 6 | 1% | 100% | $843,333 | View |
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112 County Rd, Amesbury, MA 01913 A+5.0 ★Texas Ratio: 0.22% |
Conventional | 5 | 0.8% | 100% | $365,000 | View |
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107 Tower Rd, Athol, MA 01331 9823 A+5.0 ★Texas Ratio: 5.99% |
Conventional, Jumbo | 5 | 0.8% | 100% | $823,000 | View |
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408 Massachusetts Ave, Acton, MA 01720 A+5.0 ★Texas Ratio: 3.71% |
Conventional, Jumbo, HELOC | 4 +3 HELOCs |
0.6% | 80% | $1,337,500 | View |
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245 Chelmsford St, Chelmsford, MA 01824 2343 A+5.0 ★Texas Ratio: 2.58% |
Conventional, Jumbo, HELOC | 4 +2 HELOCs |
0.6% | 100% | $882,500 | View |
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279 Main St, Acton, MA 01720 A+5.0 ★Texas Ratio: 1.23% |
Conventional, Jumbo, HELOC | 4 +1 HELOCs |
0.6% | 100% | $740,000 | View |
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1 Center Plz, Boston, MA 02108 A+5.0 ★Texas Ratio: 5.39% |
Conventional, Jumbo, HELOC | 4 +1 HELOCs |
0.6% | 80% | $515,000 | View |
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18 20 Central St, Andover, MA 01810 A4.5 ★Texas Ratio: 0.72% |
Conventional, Jumbo | 4 | 0.6% | 100% | $1,690,000 | View |
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125 High St, Boston, MA 02110 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 4 | 0.6% | 100% | $600,000 | View |
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68 Harrison Ave, Boston, MA 02111 A+5.0 ★Texas Ratio: 2.84% |
Conventional | 4 | 0.6% | 100% | $685,000 | View |
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820 Suffield Strret, Agawam, MA 01001 A+5.0 ★Texas Ratio: 5.36% |
Conventional, Jumbo, HELOC | 3 +5 HELOCs |
0.5% | 100% | $925,000 | View |
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200 Westgate Dr Unit 119A, Brockton, MA 02301 A+5.0 ★Texas Ratio: 3.09% |
Conventional, HELOC | 2 +1 HELOCs |
0.3% | 100% | $900,000 | View |
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1 Lincoln St, Framingham, MA 01702 B4.5 ★Texas Ratio: 20.48% |
Conventional, Jumbo | 2 | 0.3% | 100% | $1,240,000 | View |
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850 Southbridge St, Auburn, MA 01501 A+5.0 ★Texas Ratio: 4.22% |
Conventional | 2 | 0.3% | 100% | $470,000 | View |
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125 High St, Boston, MA 02110 A+5.0 ★Texas Ratio: 4.32% |
Conventional, Jumbo | 2 | 0.3% | 100% | $1,345,000 | View |
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6 Somers Rd, East Longmeadow, MA 01028 A+5.0 ★Texas Ratio: 4.81% |
Conventional | 2 | 0.3% | 100% | $415,000 | View |
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15 Martin St, Essex, MA 01929 C-3.7 ★Texas Ratio: 30.61% |
Conventional, Jumbo | 2 | 0.3% | 100% | $1,815,000 | View |
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389 Hanover St, Boston, MA 02113 A+5.0 ★Texas Ratio: 0.32% |
Conventional | 2 | 0.3% | 50% | $740,000 | View |
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540 Tremont St, Boston, MA 02116 A5.0 ★Texas Ratio: 6.98% |
Conventional, Jumbo | 2 | 0.3% | 100% | $1,315,000 | View |
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100 Old Billerica Rd, Bedford, MA 01730 A5.0 ★Texas Ratio: 10.91% |
Conventional | 2 | 0.3% | 100% | $480,000 | View |
Digital Federal Credit Union
100 Powdermill Rd, Acton, MA 01720 |
Conventional, HELOC | 1 +2 HELOCs |
0.2% | 100% | $605,000 | |
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5 Market St, Amesbury, MA 01913 A+5.0 ★Texas Ratio: 3.41% |
Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $305,000 | View |
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35 Central St, Berlin, MA 01503 A-5.0 ★Texas Ratio: 15.56% |
Conventional | 1 | 0.2% | 100% | $455,000 | View |
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100 Broadway Rd, Dracut, MA 01826 A+5.0 ★Texas Ratio: 2.37% |
Conventional | 1 | 0.2% | 100% | $1,205,000 | View |
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493 Boston Rd, Billerica, MA 01821 A+5.0 ★Texas Ratio: 3.27% |
Conventional | 1 | 0.2% | 100% | $1,255,000 | View |
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183 Main St, Everett, MA 02149 A5.0 ★Texas Ratio: 6.39% |
Conventional | 1 | 0.2% | 100% | $745,000 | View |
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2745 Main St, Brewster, MA 02631 A+5.0 ★Texas Ratio: 3.37% |
Conventional, Jumbo | 1 | 0.2% | 100% | $1,075,000 | View |
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10 Cheney St, Blackstone, MA 01504 A+5.0 ★Texas Ratio: 5.57% |
Conventional | 1 | 0.2% | 100% | $615,000 | View |
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547 Southbridge St, Auburn, MA 01501 A+5.0 ★Texas Ratio: 1.75% |
Conventional | 1 | 0.2% | 100% | $645,000 | View |
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72 Main St, Bridgewater, MA 02324 A+5.0 ★Texas Ratio: 0.21% |
Conventional | 1 | 0.2% | 100% | $105,000 | View |
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5 Scotland Blvd, Bridgewater, MA 02324 A5.0 ★Texas Ratio: 9.41% |
Conventional, Jumbo | 1 | 0.2% | 100% | $1,155,000 | View |
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284 Merrimack St, Methuen, MA 01844 A+5.0 ★Texas Ratio: 1.95% |
Conventional, Jumbo | 1 | 0.2% | 100% | $3,445,000 | View |
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100 Macy St, Amesbury, MA 01913 4315 |
Conventional, Jumbo | 1 | 0.2% | 100% | $1,015,000 | View |
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300 Granite St Fl 3, Braintree, MA 02184 3909 A+5.0 ★Texas Ratio: 1.21% |
Conventional | 1 | 0.2% | 100% | $665,000 | View |
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52 Main St, Ashburnham, MA 01430 A+5.0 ★Texas Ratio: 2.94% |
Conventional | 1 | 0.2% | 100% | $95,000 | View |
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57 Enon St, Beverly, MA 01915 A5.0 ★Texas Ratio: 7.72% |
Conventional, Jumbo | 1 | 0.2% | 50% | $1,345,000 | View |
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136 Faunce Corner Mall Rd, Dartmouth, MA 02747 A5.0 ★Texas Ratio: 7.62% |
Conventional | 1 | 0.2% | 100% | $805,000 | View |
RiverWorks Credit Union
493 Somerville Ave, Somerville, MA 02143 |
Conventional, Jumbo | 1 | 0.2% | 100% | $1,505,000 | |
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980 Massachusetts Ave, Arlington, MA 02476 A+5.0 ★Texas Ratio: 1.01% |
Conventional | 1 | 0.2% | 100% | $805,000 | View |
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285 Great Rd, Bedford, MA 01730 A+5.0 ★Texas Ratio: 3.29% |
HELOC | 0 +3 HELOCs |
0% | n/a | View | |
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325 Great Rd, Bedford, MA 01730 A+5.0 ★Texas Ratio: 3.62% |
HELOC | 0 +2 HELOCs |
0% | 0% | View | |
Salem Five Mortgage Company LLC
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Conventional, Jumbo | 12 | 1.9% | 100% | $705,833 | |
Mit Federal Credit Union
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Conventional | 6 | 1% | 85.7% | $498,333 | |
Radius Financial Group Inc
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Conventional, Jumbo | 5 | 0.8% | 100% | $581,000 | |
Members Mortgage Company Inc
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Conventional | 5 | 0.8% | 100% | $641,000 | |
Mortgage Equity Partners LLC
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Conventional | 2 | 0.3% | 100% | $620,000 | |
New Fed Mortgage Corp.
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Conventional | 2 | 0.3% | 100% | $535,000 | |
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A+5.0 ★Texas Ratio: 4.53% |
Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $775,000 | View |
Colonial Federal Savings Bank
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Conventional | 1 | 0.2% | 100% | $555,000 | |
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A5.0 ★Texas Ratio: 8.47% |
Conventional | 1 | 0.2% | 100% | $215,000 | View |
Guaranteed Rate, Inc.
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Conventional, VA, Jumbo, HELOC | 58 +2 HELOCs |
9.4% | 98.3% | $720,689 | |
Rocket Mortgage
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Conventional, Jumbo | 24 | 3.9% | 88.9% | $652,500 | |
CrossCountry Mortgage, LLC
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Conventional, Jumbo, HELOC | 19 +2 HELOCs |
3.1% | 100% | $757,631 | |
Fairway Independent Mort Corp
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Conventional, Jumbo | 13 | 2.1% | 100% | $698,076 | |
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A+5.0 ★Texas Ratio: 2.02% |
Conventional, Jumbo | 10 | 1.6% | 100% | $638,000 | View |
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A5.0 ★Texas Ratio: 7.00% |
Conventional, Jumbo | 10 | 1.6% | 100% | $688,000 | View |
United Nations Federal CU
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Conventional, Jumbo | 9 | 1.5% | 90% | $1,101,666 | |
Movement Mortgage, LLC
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Conventional, Jumbo, HELOC | 8 +1 HELOCs |
1.3% | 88.9% | $736,250 | |
United Wholesale Mortgage
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Conventional | 8 | 1.3% | 80% | $607,500 | |
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A-5.0 ★Texas Ratio: 14.36% |
Conventional, Jumbo, HELOC | 7 +3 HELOCs |
1.1% | 100% | $1,005,000 | View |
Total Mortgage Services, LLC
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Conventional, FHA, Jumbo | 7 | 1.1% | 100% | $635,000 | |
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A4.8 ★Texas Ratio: 2.45% |
Conventional, Jumbo | 6 | 1% | 100% | $753,333 | View |
Webster Bank, N.A.
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Conventional, Jumbo | 6 | 1% | 85.7% | $928,333 | |
EMM Loans LLC
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Conventional | 5 | 0.8% | 100% | $611,000 | |
Guild Mortgage Company
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Conventional, Jumbo | 5 | 0.8% | 100% | $1,129,000 | |
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A+5.0 ★Texas Ratio: 2.85% |
Conventional, Jumbo | 4 | 0.6% | 83.3% | $537,500 | View |
Newrez LLC
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Conventional | 4 | 0.6% | 40% | $542,500 | |
Embrace Home Loans, Inc.
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Conventional, Jumbo | 4 | 0.6% | 100% | $842,500 | |
Harborone Mortgage, LLC
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Conventional | 4 | 0.6% | 100% | $540,000 | |
Sierra Pacific Mortgage Co. Inc
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Conventional | 4 | 0.6% | 100% | $512,500 | |
General Mortgage Capital Corporation
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Conventional | 3 | 0.5% | 100% | $578,333 | |
Nationstar Mortgage
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Conventional | 3 | 0.5% | 75% | $465,000 | |
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A+5.0 ★Texas Ratio: 2.82% |
Conventional | 3 | 0.5% | 100% | $558,333 | View |
Guaranteed Rate Affinity, LLC
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Conventional | 2 | 0.3% | 100% | $865,000 | |
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A+5.0 ★Texas Ratio: 0.14% |
Conventional, Jumbo | 2 | 0.3% | 100% | $1,020,000 | View |
loanDepot.com LLC
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Conventional | 2 | 0.3% | 66.7% | $670,000 | |
Amerisave Mortgage Company
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Conventional, FHA | 2 | 0.3% | 40% | $275,000 | |
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A+5.0 ★Texas Ratio: 0.65% |
Conventional | 2 | 0.3% | 100% | $430,000 | View |
Weichert Financial Services
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Conventional, Jumbo | 2 | 0.3% | 100% | $1,245,000 | |
Nations Direct Mortgage, LLC
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Conventional | 2 | 0.3% | 100% | $460,000 | |
Mutual of Omaha Mortgage
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Conventional | 2 | 0.3% | 66.7% | $705,000 | |
Navy Federal Credit Union
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Conventional, VA, Jumbo | 2 | 0.3% | 100% | $955,000 | |
Fourleaf Federal Credit Union
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Conventional, Jumbo, HELOC | 1 +1 HELOCs |
0.2% | 100% | $1,105,000 | |
Alliant Credit Union
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Conventional, Jumbo | 1 | 0.2% | 100% | $1,245,000 | |
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A+5.0 ★Texas Ratio: 1.21% |
Conventional, Jumbo | 1 | 0.2% | 100% | $1,285,000 | View |
First Community Mortgage, Inc.
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Conventional | 1 | 0.2% | 100% | $645,000 | |
Freedom Mortgage Corporation
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FHA | 1 | 0.2% | 66.7% | $945,000 | |
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A+5.0 ★Texas Ratio: 3.16% |
Conventional | 1 | 0.2% | 100% | $325,000 | View |
Amerant Mortgage LLC
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Conventional | 1 | 0.2% | 100% | $645,000 | |
Assurance Financial Group, L.L.C.
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Conventional | 1 | 0.2% | 100% | $945,000 | |
AmWest Funding Corp
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Conventional | 1 | 0.2% | 33.3% | $725,000 | |
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A+5.0 ★Texas Ratio: 5.05% |
Conventional | 1 | 0.2% | 100% | $455,000 | View |
Union Home Mortgage Corp.
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Conventional | 1 | 0.2% | 100% | $805,000 | |
Bay Equity LLC
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Conventional | 1 | 0.2% | 100% | $665,000 | |
Kwik Mortgage Corporation
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Conventional | 1 | 0.2% | 100% | $755,000 | |
William Raveis Mortgage, LLC
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Conventional | 1 | 0.2% | 100% | $765,000 | |
Real Genius LLC
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Conventional | 1 | 0.2% | 100% | $805,000 | |
Service Federal Credit Union
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Conventional, Jumbo | 1 | 0.2% | 100% | $1,235,000 | |
Triangle Credit Union
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Conventional | 1 | 0.2% | 100% | $265,000 | |
Cardinal Financial Company, Li
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Conventional | 1 | 0.2% | 100% | $505,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
Conventional | 1 | 0.2% | 33.3% | $695,000 | View |
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A5.0 ★Texas Ratio: 10.15% |
Conventional | 1 | 0.2% | 100% | $505,000 | View |
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A+5.0 ★Texas Ratio: 1.10% |
Conventional | 1 | 0.2% | 100% | $665,000 | View |
T2 Financial LLC
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Conventional | 1 | 0.2% | 100% | $765,000 | |
Victorian Finance, LLC
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Conventional | 1 | 0.2% | 100% | $1,025,000 | |
Keystone Funding, Inc
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Conventional | 1 | 0.2% | 100% | $985,000 | |
Mld Mortgage, Inc.Dba the Money Store
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Conventional | 1 | 0.2% | 100% | $575,000 | |
American Neighborhood Mortgage Acceptance Company
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Conventional | 1 | 0.2% | 100% | $975,000 | |
Figure Lending LLC
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HELOC | 0 +4 HELOCs |
0% | n/a | ||
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A5.0 ★Texas Ratio: 8.11% |
HELOC | 0 +1 HELOCs |
0% | n/a | ||
Valon Mortgage
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HELOC | 0 +1 HELOCs |
0% | n/a |
Somerville Mortgage Rate Trends
Daily average mortgage rates for Massachusetts compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Somerville, Massachusetts
Looking for mortgage lenders near me or mortgage brokers near me in Somerville? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Somerville in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Somerville, MA
Use these to narrow the list above. Each category shows how many Somerville, MA lenders fit and what that kind of lender is usually best for.
Who Lends in Somerville, MA
Independent mortgage companies closed 35.2 percent of home loans in Somerville, Massachusetts in 2025, banks 56.9 percent and credit unions 7.9 percent. Radius Financial Group Inc was the largest mortgage company, Cambridge Savings Bank the largest bank and Harvard Federal Credit Union the largest credit union. Among lenders headquartered in Massachusetts, Cambridge Savings Bank led with 20 loans.
How to Read This List
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
An attorney must handle the closing in Massachusetts. State deeds excise (transfer tax) of $4.56 per $1,000 of price, customarily paid by the seller; Barnstable County charges $6.12 per $1,000, and Nantucket and Martha's Vineyard add a 2 percent buyer paid land bank fee. No mortgage recording tax.
More Massachusetts Mortgage Lender Pages
Frequently Asked Questions About Mortgage Lenders in Somerville, MA
By home loans closed in 2025, Cambridge Savings Bank was the largest mortgage lender in Somerville, Massachusetts with 20 loans, about 3.2 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Somerville, Massachusetts, Leader Bank NA approved the highest share of completed applications in 2025 at 98.8 percent, against a 94.1 percent average for all lenders. Approval share reflects the applicants a lender attracts as much as its underwriting, so compare it alongside loan programs and median loan size. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
3 lenders closed FHA loans in Somerville, Massachusetts in 2025, led by Total Mortgage Services, LLC with 1. 2 lenders closed VA loans, led by Guaranteed Rate, Inc.. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 63 banks and 20 credit unions closed home loans in Somerville, Massachusetts in 2025, alongside 43 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in Somerville, Massachusetts during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Methodology and Sources
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Somerville, Massachusetts for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Somerville. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.
