Mortgage Lenders and Brokers in Watertown Town, Massachusetts
Brian McKay
|
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.
|
✓Fact Checked
|
Loan Rates Last Updated and Verified: October 7, 2026
Watertown Town, Massachusetts mortgage lenders include Leader Bank NALeader Bank NA1201 Massachusetts Ave, Arlington, MA 02476A+5.0 ★Texas Ratio: 0.22%, Watertown Savings BankWatertown Savings Bank980 Massachusetts Ave, Arlington, MA 02476A+5.0 ★Texas Ratio: 1.01%, Cambridge Savings BankCambridge Savings Bank188 Massachusetts Ave, Arlington, MA 02474A5.0 ★Texas Ratio: 9.52%, Harvard Federal Credit UnionHarvard Federal Credit Union55 Fruit St, Boston, MA 02114 2621A5.0 ★Texas Ratio: 9.82%, Citizens Bank, NACitizens Bank, NA375 Centre Ave, Abington, MA 02351A+5.0 ★Texas Ratio: 5.44%, BankesbBankesb770 Main St, Agawam, MA 01001, Workers Federal Credit UnionWorkers Federal Credit Union107 Tower Rd, Athol, MA 01331 9823A+5.0 ★Texas Ratio: 5.99%, M&T BankM&T Bank806 Suffield St, Agawam, MA 01001A+5.0 ★Texas Ratio: 4.11%, Rockland Trust BankRockland Trust Bank381 Centre Ave, Abington, MA 02351A+5.0 ★Texas Ratio: 2.64%, and The Village BankThe Village Bank120 Seminary Ave, Auburndale, MA 02466A+5.0 ★Texas Ratio: 2.24%. 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 Watertown Town, Massachusetts in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Watertown Town 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 Watertown Town, Massachusetts
Market share is the lender's share of all home loans closed in Watertown Town, 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 |
|---|---|---|---|---|---|---|
|
1201 Massachusetts Ave, Arlington, MA 02476 A+5.0 ★Texas Ratio: 0.22% |
Conventional, Jumbo, HELOC | 35 +4 HELOCs |
8.9% | 97.2% | $714,428 | View |
|
980 Massachusetts Ave, Arlington, MA 02476 A+5.0 ★Texas Ratio: 1.01% |
Conventional, Jumbo | 32 | 8.1% | 100% | $648,125 | View |
|
188 Massachusetts Ave, Arlington, MA 02474 A5.0 ★Texas Ratio: 9.52% |
Conventional, Jumbo, HELOC | 10 +7 HELOCs |
2.5% | 100% | $746,000 | View |
|
55 Fruit St, Boston, MA 02114 2621 A5.0 ★Texas Ratio: 9.82% |
Conventional, HELOC | 7 +4 HELOCs |
1.8% | 100% | $490,714 | View |
|
375 Centre Ave, Abington, MA 02351 A+5.0 ★Texas Ratio: 5.44% |
Conventional, Jumbo, HELOC | 6 +31 HELOCs |
1.5% | 100% | $806,666 | View |
Bankesb
770 Main St, Agawam, MA 01001 |
Conventional | 6 | 1.5% | 100% | $408,333 | |
|
107 Tower Rd, Athol, MA 01331 9823 A+5.0 ★Texas Ratio: 5.99% |
Conventional | 6 | 1.5% | 100% | $651,666 | View |
|
806 Suffield St, Agawam, MA 01001 A+5.0 ★Texas Ratio: 4.11% |
Conventional, Jumbo, HELOC | 5 +6 HELOCs |
1.3% | 100% | $809,000 | View |
|
381 Centre Ave, Abington, MA 02351 A+5.0 ★Texas Ratio: 2.64% |
Conventional, Jumbo, HELOC | 4 +5 HELOCs |
1% | 100% | $787,500 | View |
|
120 Seminary Ave, Auburndale, MA 02466 A+5.0 ★Texas Ratio: 2.24% |
Conventional, Jumbo | 4 | 1% | 100% | $1,000,000 | View |
|
660 Bedford St, Abington, MA 02351 A+5.0 ★Texas Ratio: 2.61% |
Conventional, HELOC | 3 +18 HELOCs |
0.8% | 100% | $531,666 | View |
|
279 Main St, Acton, MA 01720 A+5.0 ★Texas Ratio: 1.23% |
Conventional, HELOC | 3 +1 HELOCs |
0.8% | 75% | $491,666 | View |
|
820 Suffield Strret, Agawam, MA 01001 A+5.0 ★Texas Ratio: 5.36% |
Conventional, HELOC | 2 +4 HELOCs |
0.5% | 100% | $550,000 | View |
|
408 Massachusetts Ave, Acton, MA 01720 A+5.0 ★Texas Ratio: 3.71% |
Conventional, HELOC | 2 +3 HELOCs |
0.5% | 66.7% | $145,000 | View |
|
1 Center Plz, Boston, MA 02108 A+5.0 ★Texas Ratio: 5.39% |
Conventional, HELOC | 2 +2 HELOCs |
0.5% | 100% | $640,000 | View |
|
19 Church St, Winchester, MA 01890 A+5.0 ★Texas Ratio: 2.71% |
Conventional | 2 | 0.5% | 100% | $475,000 | View |
|
291 Main St, Acton, MA 01720 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 2 | 0.5% | 100% | $540,000 | View |
|
15 Martin St, Essex, MA 01929 C-3.7 ★Texas Ratio: 30.61% |
Conventional, Jumbo | 2 | 0.5% | 100% | $1,675,000 | View |
|
271 Main St, North Reading, MA 01864 A+5.0 ★Texas Ratio: 0.00% |
Conventional | 2 | 0.5% | 100% | $630,000 | View |
|
105 Broadway, Arlington, MA 02474 A+5.0 ★Texas Ratio: 1.72% |
Conventional | 2 | 0.5% | 100% | $65,000 | View |
|
112 County Rd, Amesbury, MA 01913 A+5.0 ★Texas Ratio: 0.22% |
Conventional | 2 | 0.5% | 50% | $360,000 | View |
|
52 Main St, Ashburnham, MA 01430 A+5.0 ★Texas Ratio: 2.94% |
Conventional | 2 | 0.5% | 100% | $300,000 | View |
|
125 High St, Boston, MA 02110 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 2 | 0.5% | 66.7% | $485,000 | View |
|
57 Enon St, Beverly, MA 01915 A5.0 ★Texas Ratio: 7.72% |
Conventional | 2 | 0.5% | 100% | $585,000 | View |
|
93 Brockton Ave, Abington, MA 02351 A+5.0 ★Texas Ratio: 4.14% |
Conventional, HELOC | 1 +9 HELOCs |
0.3% | 50% | $895,000 | View |
|
325 Great Rd, Bedford, MA 01730 A+5.0 ★Texas Ratio: 3.62% |
Conventional, HELOC | 1 +2 HELOCs |
0.3% | 100% | $635,000 | View |
|
3 S Maple St, Bellingham, MA 02019 A-4.4 ★Texas Ratio: 5.05% |
Conventional, Jumbo | 1 | 0.3% | 100% | $1,665,000 | View |
|
493 Boston Rd, Billerica, MA 01821 A+5.0 ★Texas Ratio: 3.27% |
Conventional, Jumbo | 1 | 0.3% | 100% | $1,315,000 | View |
Direct Federal Credit Union
50 Cabot St, Needham, MA 02494 |
Conventional | 1 | 0.3% | 25% | $105,000 | |
|
183 Main St, Everett, MA 02149 A5.0 ★Texas Ratio: 6.39% |
Conventional | 1 | 0.3% | 100% | $895,000 | View |
|
188 Medford St, Arlington, MA 02474 A+5.0 ★Texas Ratio: 1.57% |
Conventional | 1 | 0.3% | 100% | $785,000 | View |
|
84 Main St, Andover, MA 01810 A5.0 ★Texas Ratio: 9.38% |
Conventional | 1 | 0.3% | 100% | $155,000 | View |
|
5 Market St, Amesbury, MA 01913 A+5.0 ★Texas Ratio: 3.41% |
Conventional | 1 | 0.3% | 100% | $1,035,000 | View |
|
68 Harrison Ave, Boston, MA 02111 A+5.0 ★Texas Ratio: 2.84% |
Conventional | 1 | 0.3% | 100% | $755,000 | View |
|
100 Old Billerica Rd, Bedford, MA 01730 A5.0 ★Texas Ratio: 10.91% |
Conventional | 1 | 0.3% | 100% | $695,000 | View |
Digital Federal Credit Union
100 Powdermill Rd, Acton, MA 01720 |
HELOC | 0 +3 HELOCs |
0% | 0% | ||
|
★ 1.7 stars, 3 reviews 109 Causeway St, Boston, MA 02114 A+5.0 ★Texas Ratio: 4.24% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
|
285 Great Rd, Bedford, MA 01730 A+5.0 ★Texas Ratio: 3.29% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Salem Five Mortgage Company LLC
|
Conventional, Jumbo | 7 | 1.8% | 100% | $767,857 | |
New Fed Mortgage Corp.
|
Conventional, Jumbo | 4 | 1% | 100% | $780,000 | |
|
A5.0 ★Texas Ratio: 8.47% |
Conventional | 3 | 0.8% | 100% | $668,333 | View |
Members Mortgage Company Inc
|
Conventional, Jumbo | 3 | 0.8% | 100% | $1,075,000 | |
Radius Financial Group Inc
|
Conventional | 2 | 0.5% | 100% | $605,000 | |
Drew Mortgage Associates, Inc
|
Conventional | 2 | 0.5% | 100% | $450,000 | |
Msa Mortgage, LLC
|
Conventional | 1 | 0.3% | 100% | $755,000 | |
Mit Federal Credit Union
|
Conventional | 1 | 0.3% | 100% | $355,000 | |
Guaranteed Rate, Inc.
|
Conventional, VA, Jumbo | 43 | 10.9% | 91.5% | $647,558 | |
Rocket Mortgage
|
Conventional, Jumbo | 29 | 7.3% | 93.8% | $486,379 | |
CrossCountry Mortgage, LLC
|
Conventional, FHA, Jumbo | 24 | 6.1% | 89.7% | $725,000 | |
Fairway Independent Mort Corp
|
Conventional, Jumbo | 8 | 2% | 100% | $726,250 | |
United Wholesale Mortgage
|
Conventional, VA, Jumbo | 7 | 1.8% | 87.5% | $525,000 | |
Movement Mortgage, LLC
|
Conventional, FHA | 7 | 1.8% | 100% | $563,571 | |
Webster Bank, N.A.
|
Conventional, Jumbo, HELOC | 6 +1 HELOCs |
1.5% | 85.7% | $933,333 | |
Guild Mortgage Company
|
Conventional | 6 | 1.5% | 85.7% | $600,000 | |
General Mortgage Capital Corporation
|
Conventional | 6 | 1.5% | 100% | $550,000 | |
|
A+5.0 ★Texas Ratio: 2.02% |
Conventional | 6 | 1.5% | 85.7% | $653,333 | View |
|
A+5.0 ★Texas Ratio: 2.85% |
Conventional, Jumbo, HELOC | 5 +1 HELOCs |
1.3% | 83.3% | $841,000 | View |
EMM Loans LLC
|
Conventional, FHA | 4 | 1% | 100% | $535,000 | |
Guaranteed Rate Affinity, LLC
|
Conventional, Jumbo | 4 | 1% | 100% | $835,000 | |
|
A5.0 ★Texas Ratio: 7.00% |
Conventional, Jumbo | 4 | 1% | 80% | $830,000 | View |
Pennymac Loan Services LLC
|
Conventional, FHA, VA, Jumbo | 3 | 0.8% | 100% | $971,666 | |
Nfm, Inc
|
Conventional | 3 | 0.8% | 100% | $565,000 | |
Keystone Funding, Inc
|
Conventional | 3 | 0.8% | 100% | $658,333 | |
Nations Direct Mortgage, LLC
|
Conventional | 3 | 0.8% | 100% | $465,000 | |
|
A4.8 ★Texas Ratio: 2.45% |
Conventional, Jumbo | 3 | 0.8% | 100% | $598,333 | View |
Freedom Mortgage Corporation
|
VA, Jumbo | 2 | 0.5% | 100% | $800,000 | |
Newrez LLC
|
Conventional | 2 | 0.5% | 50% | $440,000 | |
|
A+5.0 ★Texas Ratio: 5.05% |
Conventional | 2 | 0.5% | 66.7% | $550,000 | View |
|
A-5.0 ★Texas Ratio: 14.36% |
Conventional, Jumbo | 2 | 0.5% | 100% | $785,000 | View |
|
A-4.8 ★Texas Ratio: 12.33% |
Conventional, Jumbo | 2 | 0.5% | 100% | $770,000 | View |
New American Funding, LLC.
|
Conventional | 2 | 0.5% | 66.7% | $615,000 | |
|
A+5.0 ★Texas Ratio: 0.51% |
Conventional | 2 | 0.5% | 66.7% | $540,000 | View |
Alliant Credit Union
|
Conventional, Jumbo, HELOC | 1 +1 HELOCs |
0.3% | 100% | $1,125,000 | |
|
A+5.0 ★Texas Ratio: 2.82% |
Conventional, HELOC | 1 +1 HELOCs |
0.3% | 100% | $805,000 | View |
Arc Home LLC
|
Conventional | 1 | 0.3% | 100% | $395,000 | |
PHH Mortgage Corporation
|
Conventional | 1 | 0.3% | 100% | $715,000 | |
Amerisave Mortgage Company
|
Conventional | 1 | 0.3% | 50% | $45,000 | |
loanDepot.com LLC
|
Conventional | 1 | 0.3% | 100% | $115,000 | |
|
A+5.0 ★Texas Ratio: 0.65% |
Conventional | 1 | 0.3% | 100% | $645,000 | View |
Builders Choice Mortgage LLC
|
Conventional | 1 | 0.3% | 100% | $405,000 | |
Union Home Mortgage Corp.
|
Conventional | 1 | 0.3% | 100% | $735,000 | |
Bay Equity LLC
|
Conventional | 1 | 0.3% | 100% | $355,000 | |
First Colony Mortgage Corporat
|
Conventional | 1 | 0.3% | 100% | $485,000 | |
Cardinal Financial Company, Li
|
Conventional | 1 | 0.3% | 100% | $285,000 | |
EastRise Federal Credit Union
|
Conventional | 1 | 0.3% | 100% | $115,000 | |
|
A+5.0 ★Texas Ratio: 4.86% |
Conventional | 1 | 0.3% | 100% | $685,000 | View |
Embrace Home Loans, Inc.
|
Conventional | 1 | 0.3% | 100% | $295,000 | |
|
A+5.0 ★Texas Ratio: 1.10% |
Conventional | 1 | 0.3% | 100% | $595,000 | View |
Harborone Mortgage, LLC
|
Conventional | 1 | 0.3% | 100% | $985,000 | |
Hometown Equity Mortgage, LLC
|
Conventional, Jumbo | 1 | 0.3% | 100% | $2,005,000 | |
Sierra Pacific Mortgage Co. Inc
|
Conventional | 1 | 0.3% | 100% | $865,000 | |
American Pacific Mortgage Corporation
|
Conventional, Jumbo | 1 | 0.3% | 100% | $1,185,000 | |
|
A5.0 ★Texas Ratio: 6.31% |
Conventional | 1 | 0.3% | 100% | $105,000 | |
Nationstar Mortgage
|
Conventional | 1 | 0.3% | 50% | $305,000 | |
Mission Loans, LLC
|
Conventional | 1 | 0.3% | 100% | $135,000 | |
Prosperity Home Mortgage, LLC
|
Conventional | 1 | 0.3% | 100% | $505,000 | |
Mutual of Omaha Mortgage
|
Conventional | 1 | 0.3% | 100% | $585,000 | |
|
★ 1 stars, 1 review A+5.0 ★Texas Ratio: 2.87% |
Conventional, Jumbo | 1 | 0.3% | 100% | $1,305,000 | View |
|
★ 5 stars, 1 review A+5.0 ★Texas Ratio: 1.21% |
Conventional, Jumbo | 1 | 0.3% | 100% | $955,000 | View |
Navy Federal Credit Union
|
Conventional | 1 | 0.3% | 100% | $685,000 | |
Figure Lending LLC
|
HELOC | 0 +2 HELOCs |
0% | n/a | ||
|
A+5.0 ★Texas Ratio: 2.32% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
|
A5.0 ★Texas Ratio: 7.00% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Spring Eq, LLC
|
HELOC | 0 +1 HELOCs |
0% | n/a |
Watertown Town 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 Watertown Town, Massachusetts
Looking for mortgage lenders near me or mortgage brokers near me in Watertown Town? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Watertown Town in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Watertown Town, MA
Use these to narrow the list above. Each category shows how many Watertown Town, MA lenders fit and what that kind of lender is usually best for.
Who Lends in Watertown Town, MA
Independent mortgage companies closed 49.1 percent of home loans in Watertown Town, Massachusetts in 2025, banks 45.1 percent and credit unions 5.8 percent. New Fed Mortgage Corp. was the largest mortgage company, Leader Bank NA the largest bank and Harvard Federal Credit Union the largest credit union. Among lenders headquartered in Massachusetts, Leader Bank NA led with 35 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 Watertown Town, MA
By home loans closed in 2025, Leader Bank NA was the largest mortgage lender in Watertown Town, Massachusetts with 35 loans, about 8.9 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
4 lenders closed FHA loans in Watertown Town, Massachusetts in 2025, led by CrossCountry Mortgage, LLC with 2. 4 lenders closed VA loans, led by United Wholesale Mortgage. 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. 49 banks and 12 credit unions closed home loans in Watertown Town, 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 Watertown Town, 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 Watertown Town, 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 Watertown Town. 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.
