wbjournal.com | Book of Lists 2024 | Worcester Business Journal 15
F O C U S B A N K I N G & F I N A N C E F O C U S
Largest residential mortgage lenders
Ranked by 2023 Massachusetts dollars originated
Lender
Total amount
loaned (000)/
no. of Mass. loans
Share of
Mass. market
Amount loaned to
low & moderate
income applicants
(000)
No. of loans to
low & moderate
income applicants
Amount loaned to
minority
applicants
(000)
No. of loans to
minority
applicants
1
Citizens Bank NA
34 Main St., Natick 01760
508-653-5100• citizensbank.com
$2,101,970
8,386
4.68% $415,585 2,689 $362,140 1,588
2
Leader Bank NA
61 Boyden Road, Suite 2, Holden 01520
781-544-2569• leaderbank.com
$1,651,560
3,140
3.68% $132,810 466 $405,410 758
3
Guaranteed Rate Inc.
3940 N. Ravenswood, Chicago, Ill. 60613
866-934-7283• rate.com
$1,633,465
3,221
3.64% $235,870 790 $558,835 1,125
4
CrossCountry Mortgage LLC
2160 Superior Ave., Cleveland, Ohio 44114
877-773-1226• crosscountrymortgage.com
$1,402,880
2,786
3.13% $221,075 675 $468,485 939
5
United Wholesale Mortgage
585 South Blvd East, Pontiac, Mich. 48341
800-981-8898• uwm.com
$1,340,790
3,124
2.99% $342,730 1,046 $597,380 1,310
6
Rocket Mortgage
1050 Woodward Ave., Detroit, Mich. 48226
888-452-8179• rocketmortgage.com
$1,237,280
3,910
2.76% $336,760 1,456 $309,565 827
7
Bank of America NA
306 Turnpike Road, Westborough 01581
508-366-1780• bankofamerica.com
$1,203,910
3,392
2.68% $98,910 670 $238,815 659
8
Rockland Trust Co.
301 Grove St., Worcester 01605
508-926-8813• rocklandtrust.com
$1,112,540
2,906
2.48% $116,080 728 $205,930 534
9
Eastern Bank
2 South Ave., Natick 01760
508-655-4101• easternbank.com
$918,810
2,630
2.05% $126,035 783 $185,110 648
10
Fairway Independent Mortgage Corp.
783 Southbridge St., Auburn 01501
508-407-8300• fairway.com
$888,490
2,148
1.98% $171,805 649 $241,310 582
11
Movement Mortgage LLC
8024 Calvin Hall Road, Indian Land 29707
855-979-1084• movement.com
$858,225
2,013
1.91% $170,290 604 $240,875 571
12
JPMorgan Chase Bank NA
81 Gold Star Blvd., Worcester 01606
508-926-6920• chase.com
$837,115
807
1.87% $43,680 118 $146,315 215
13
TD Bank
295 Park Ave., Worcester 01609
508-752-2584• tdbank.com
$818,970
2,080
1.83% $56,195 511 $227,520 454
14
Cape Cod Five Cents Savings Bank
1500 Iyannough Road, Hyannis 02601
888-225-4636• capecodfive.com
$809,165
2,259
1.80% $159,115 663 $114,195 275
15
Guild Mortgage Co. LLC
324 Grove St., 1st Floor, Worcester 01605
508-535-6097• guildmortgage.com
$629,630
1,546
1.40% $137,645 505 $223,625 527
16
Berkshire Bank
11 Park Ave., Worcester 01605
508-797-6972• berkshirebank.com
$589,335
1,001
1.31% $20,920 132 $143,250 218
17
First Republic Bank, part of JPMorgan Chase Bank (1)
81 Gold Star Blvd., Worcester 01606
508-926-6920• chase.com
$500,670
454
1.12% $9,120 26 $78,290 102
18
Needham Bank
41 Front St., Ashland 01721
508-881-1088• needhambank.com
$498,580
438
1.11% $10,030 46 $43,545 83
19
U.S. Bank NA
425 Walnut St., Cincinnati, Ohio 45202
800-872-2657• usbank.com
$493,550
800
1.10% $30,005 113 $145,165
197
20
Washington Trust Mortgage Co.
23 Broad St., Westerly, R.I. 02891
800-475-2265• washtrust.com
$492,065
725
1.10% $25,975 87 $214,565 321
SOURCE: GeoDataVision, geodatavision.com. Information is based on 2023 Home Mortgage Disclosure Act data, released by the Bureau of Consumer Financial Protection in April 2024. Market data is
available at county and town levels. Special thanks to Len Suzio.
(1) On May 1, 2023, JPMorgan Chase & Co. acquired First Republic Bank at government auction. On May 25, 2024, First Republic deposit accounts transitioned to JPMorgan Chase. Contact information
is for Chase; transition information also available at firstrepublic.com.
-Compiled by: Heide Martin, hmartin@nebusinessmedia.com
