Bank Of Easton Mortgage Rates, Fees & Info
NORTH EASTON, MALEI: 254900MFGTAZXMCELW10
Tax ID: 04-1677520
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Bank Of Easton is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Bank Of Easton has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Providence, Barnstable Town, and Laconia among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Bank Of Easton has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
37Origination Dollar Volume (All Markets)
$17,995,000Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 15 | $9,625,000 | $641,667 | $0 | 0.00% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 18 | $6,670,000 | $370,556 | $0 | 0.00% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 3 | $1,465,000 | $488,333 | $0 | 0.00% |
| Laconia, NH (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
Their top states include:
Similar Lenders
We use machine learning to identify the top lenders compared against Bank of Easton based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 37 | $17,995,000 | $486,351 | $0 | 0.00% |
For 2023, Bank Of Easton's most frequently originated type of loan was Conventional, with 37 originations.
Loan Reason
For 2023, Bank Of Easton's most frequently cited loan purpose was Home Purchase, with 20 originations. The 2nd most popular reason was Cash Out Refi, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 37 | $17,995,000 | $486,351 | $0 | 0.00% |
For 2023, Bank Of Easton's most frequently cited loan duration was Other, with 37 originations.
Loan Sizing
2023 saw Bank Of Easton place emphasis on $200k-400k loans with 10 originations, totaling $3,080,000 in origination value.
Applicant Income
Bank Of Easton lent most frequently to those with incomes in the $100k-150k range, with 13 originations. The second most popular income band? $250k+, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 37 | $17,995,000 | $486,351 | $0 | 0.00% |
Bank Of Easton lent most frequently to those with DTI ratios of Exempt%, with 37 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.87%
Bank Of Easton has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination78.38%
Bank Of Easton has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 37 | $17,995,000 | $486,351 |