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 Cash Out Refi and Home Purchase loans. Bank Of Easton has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Providence, and Barnstable Town among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)Bank Of Easton has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
30Origination Dollar Volume (All Markets)
$8,870,000Top 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) | 14 | $4,720,000 | $337,143 | $0 | 0.00% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 15 | $4,035,000 | $269,000 | $0 | 0.00% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $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 | 30 | $8,870,000 | $295,667 | $0 | 0.00% |
For 2019, Bank Of Easton's most frequently originated type of loan was Conventional, with 30 originations.
Loan Reason
For 2019, Bank Of Easton's most frequently cited loan purpose was Cash Out Refi, with 18 originations. The 2nd most popular reason was Home Purchase, with 8 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 30 | $8,870,000 | $295,667 | $0 | 0.00% |
For 2019, Bank Of Easton's most frequently cited loan duration was Other, with 30 originations.
Loan Sizing
2019 saw Bank Of Easton place emphasis on $200k-400k loans with 10 originations, totaling $2,920,000 in origination value.
Applicant Income
Bank Of Easton lent most frequently to those with incomes in the $100k-150k range, with 6 originations. The second most popular income band? $50k-75k, with 6 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 30 | $8,870,000 | $295,667 | $0 | 0.00% |
Bank Of Easton lent most frequently to those with DTI ratios of Exempt%, with 30 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.80%
Bank Of Easton has an average approval rate.
Pick Rate
Approvals leading to origination93.33%
Bank Of Easton has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 30 | $8,870,000 | $295,667 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 30 | $8,870,000 | $295,667 |
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| BANK OF THE WEST | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 7.1% |
| BANK OF THE WEST | Other type of mortgage | Trouble during payment process | 1 | 7.1% |
| BANK OF THE WEST | Other type of mortgage | Closing on a mortgage | 1 | 7.1% |
| BANK OF THE WEST | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 7.1% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Trouble during payment process | 2 | 14.3% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 7.1% |
| BANK OF THE WEST | Conventional home mortgage | Trouble during payment process | 6 | 42.9% |
| BANK OF THE WEST | Conventional home mortgage | Struggling to pay mortgage | 1 | 7.1% |