Mortgage Lenders and Brokers in Spencer, 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
Spencer, Massachusetts mortgage lenders include Cornerstone BankCornerstone Bank176 Main St, Spencer, MA 01562A+5.0 ★Texas Ratio: 2.94%, Country Bank for SavingsCountry Bank for Savings21 N Main St, Belchertown, MA 01007A5.0 ★Texas Ratio: 6.28%, Digital Federal Credit UnionDigital Federal Credit Union100 Powdermill Rd, Acton, MA 01720, Citizens Bank, NACitizens Bank, NA375 Centre Ave, Abington, MA 02351A+5.0 ★Texas Ratio: 5.44%, Southbridge Credit UnionSouthbridge Credit Union732 Southbridge St, Auburn, MA 01501A+5.0 ★Texas Ratio: 1.53%, M&T BankM&T Bank806 Suffield St, Agawam, MA 01001A+5.0 ★Texas Ratio: 4.11%, Unibank For SavingsUnibank For Savings10 Cheney St, Blackstone, MA 01504A+5.0 ★Texas Ratio: 5.57%, Webster First Federal Credit UnionWebster First Federal Credit Union118 W Main St, Spencer, MA 01562 2621A+5.0 ★Texas Ratio: 1.75%, Bank of America NABank of America NA93 Brockton Ave, Abington, MA 02351A+5.0 ★Texas Ratio: 4.14%, and Leader Bank NALeader Bank NA1201 Massachusetts Ave, Arlington, MA 02476A+5.0 ★Texas Ratio: 0.22%. 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 Spencer, Massachusetts in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Spencer 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 Spencer, Massachusetts
Market share is the lender's share of all home loans closed in Spencer, 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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176 Main St, Spencer, MA 01562 A+5.0 ★Texas Ratio: 2.94% |
Conventional | 6 | 5.9% | 85.7% | $120,000 | View |
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21 N Main St, Belchertown, MA 01007 A5.0 ★Texas Ratio: 6.28% |
Conventional, HELOC | 2 +1 HELOCs |
2% | 100% | $355,000 | View |
Digital Federal Credit Union
100 Powdermill Rd, Acton, MA 01720 |
Conventional | 2 | 2% | 100% | $215,000 | |
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375 Centre Ave, Abington, MA 02351 A+5.0 ★Texas Ratio: 5.44% |
FHA, HELOC | 1 +2 HELOCs |
1% | 100% | $435,000 | View |
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732 Southbridge St, Auburn, MA 01501 A+5.0 ★Texas Ratio: 1.53% |
Conventional | 1 | 1% | 100% | $55,000 | View |
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806 Suffield St, Agawam, MA 01001 A+5.0 ★Texas Ratio: 4.11% |
Conventional | 1 | 1% | 100% | $485,000 | View |
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10 Cheney St, Blackstone, MA 01504 A+5.0 ★Texas Ratio: 5.57% |
Conventional | 1 | 1% | 100% | $465,000 | View |
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118 W Main St, Spencer, MA 01562 2621 A+5.0 ★Texas Ratio: 1.75% |
Conventional | 1 | 1% | 50% | $75,000 | View |
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93 Brockton Ave, Abington, MA 02351 A+5.0 ★Texas Ratio: 4.14% |
Conventional | 1 | 1% | 100% | $365,000 | View |
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1201 Massachusetts Ave, Arlington, MA 02476 A+5.0 ★Texas Ratio: 0.22% |
Conventional | 1 | 1% | 100% | $355,000 | View |
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400 Southbridge St, Auburn, MA 01501 A+5.0 ★Texas Ratio: 2.90% |
Conventional | 1 | 1% | 50% | $365,000 | View |
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1 Campus Center Way, Amherst, MA 01003 A5.0 ★Texas Ratio: 7.52% |
Conventional | 1 | 1% | 100% | $45,000 | View |
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291 Main St, Acton, MA 01720 A+5.0 ★Texas Ratio: 3.68% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Central One Federal Credit Union
63 Southbridge St, Auburn, MA 01501 |
HELOC | 0 +1 HELOCs |
0% | n/a | ||
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2 Locust St, Berkley, MA 02779 A5.0 ★Texas Ratio: 12.75% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Mortgage Equity Partners LLC
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VA | 1 | 1% | 100% | $355,000 | |
New Fed Mortgage Corp.
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Conventional | 1 | 1% | 100% | $225,000 | |
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A5.0 ★Texas Ratio: 8.47% |
FHA | 1 | 1% | 100% | $325,000 | View |
Athol Savings Bank
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Conventional | 1 | 1% | 100% | $365,000 | |
Drew Mortgage Associates, Inc
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Conventional | 1 | 1% | 100% | $225,000 | |
Salem Five Mortgage Company LLC
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FHA | 1 | 1% | 100% | $395,000 | |
Rocket Mortgage
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Conventional, FHA | 12 | 11.9% | 80% | $291,666 | |
United Wholesale Mortgage
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Conventional, FHA, HELOC | 6 +1 HELOCs |
5.9% | 77.8% | $350,000 | |
Total Mortgage Services, LLC
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Conventional, FHA | 6 | 5.9% | 85.7% | $240,000 | |
American Neighborhood Mortgage Acceptance Company
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Conventional, FHA | 6 | 5.9% | 100% | $230,000 | |
Freedom Mortgage Corporation
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FHA, VA | 5 | 5% | 100% | $277,000 | |
Pennymac Loan Services LLC
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Conventional, FHA, VA | 4 | 4% | 100% | $292,500 | |
Newrez LLC
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Conventional, VA | 3 | 3% | 50% | $281,666 | |
loanDepot.com LLC
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Conventional, FHA, VA | 3 | 3% | 100% | $275,000 | |
Mortgage Research Center
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VA | 3 | 3% | 100% | $371,666 | |
Envoy Mortgage, Ltd
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Conventional | 2 | 2% | 100% | $365,000 | |
Guild Mortgage Company
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Conventional, FHA | 2 | 2% | 100% | $120,000 | |
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A+5.0 ★Texas Ratio: 2.02% |
Conventional, FHA | 2 | 2% | 66.7% | $310,000 | View |
New American Funding, LLC.
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Conventional, FHA | 2 | 2% | 100% | $375,000 | |
Semper Home Loans, Inc
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FHA | 1 | 1% | 50% | $425,000 | |
American Financial Resources LLC
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FHA | 1 | 1% | 100% | $445,000 | |
Guaranteed Rate, Inc.
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FHA | 1 | 1% | 25% | $355,000 | |
Lakeview Loan Servicing, LLC
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Conventional | 1 | 1% | 100% | $35,000 | |
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D3.3 ★Texas Ratio: 35.11% |
FHA | 1 | 1% | 100% | $385,000 | View |
Movement Mortgage, LLC
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Conventional | 1 | 1% | 100% | $285,000 | |
Amerisave Mortgage Company
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Conventional | 1 | 1% | 33.3% | $235,000 | |
American Financial Network, Inc.
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FHA | 1 | 1% | 100% | $345,000 | |
Network Funding, L.P.
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FHA | 1 | 1% | 100% | $325,000 | |
Union Home Mortgage Corp.
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Conventional | 1 | 1% | 100% | $365,000 | |
First World Mortgage Corporaton
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Conventional | 1 | 1% | 100% | $265,000 | |
Sierra Pacific Mortgage Co. Inc
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VA | 1 | 1% | 100% | $325,000 | |
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A5.0 ★Texas Ratio: 7.48% |
FHA | 1 | 1% | 100% | $375,000 | View |
Nationstar Mortgage
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Conventional | 1 | 1% | 50% | $225,000 | |
Mutual of Omaha Mortgage
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VA | 1 | 1% | 100% | $275,000 | |
Fairway Independent Mort Corp
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Conventional | 1 | 1% | 100% | $425,000 | |
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A+5.0 ★Texas Ratio: 0.51% |
Conventional | 1 | 1% | 100% | $65,000 | View |
Carrington Mortgage Services LLC
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VA | 1 | 1% | 100% | $105,000 | |
Plaza Home Mortgage, Inc
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FHA | 1 | 1% | 100% | $315,000 | |
Cake Mortgage Corp.
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Conventional | 1 | 1% | 100% | $225,000 |
Spencer 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 Spencer, Massachusetts
Looking for mortgage lenders near me or mortgage brokers near me in Spencer? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Spencer in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Spencer, MA
Use these to narrow the list above. Each category shows how many Spencer, MA lenders fit and what that kind of lender is usually best for.
Who Lends in Spencer, MA
Independent mortgage companies closed 75.2 percent of home loans in Spencer, Massachusetts in 2025, banks 19.8 percent and credit unions 5 percent. Mortgage Equity Partners LLC was the largest mortgage company, Cornerstone Bank the largest bank and Digital Federal Credit Union the largest credit union. Among lenders headquartered in Massachusetts, Cornerstone Bank led with 6 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 Spencer, MA
By home loans closed in 2025, Cornerstone Bank was the largest mortgage lender in Spencer, Massachusetts with 6 loans, about 5.9 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
21 lenders closed FHA loans in Spencer, Massachusetts in 2025, led by Rocket Mortgage with 5. 9 lenders closed VA loans, led by Mortgage Research Center. 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. 16 banks and 5 credit unions closed home loans in Spencer, Massachusetts in 2025, alongside 33 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 Spencer, 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 Spencer, 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 Spencer. 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.
