Winter Hill Bank Fsb Mortgage Rates, Fees & Info
Somerville, MALEI: 254900YEG6LSF1BFA422
Tax ID: 04-1980523
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Mortgage Data
Review & Overview
Winter Hill Bank Fsb is a smaller bank specializing in Home Purchase loans. Winter Hill Bank Fsb has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Worcester, Vineyard Haven, Barnstable Town, and Manchester among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Winter Hill Bank Fsb 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
92Origination Dollar Volume (All Markets)
$55,370,000Top 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) | 79 | $48,375,000 | $612,342 | $0 | 0.00% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 8 | $3,780,000 | $472,500 | $0 | 0.00% |
| Vineyard Haven, MA (FHA|USDA|VA) | 1 | $1,205,000 | $1,205,000 | $0 | 0.00% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 2 | $1,160,000 | $580,000 | $0 | 0.00% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 92 | $55,370,000 | $601,848 | $0 | 0.00% |
For 2023, Winter Hill Bank Fsb's most frequently originated type of loan was Conventional, with 92 originations.
Loan Reason
For 2023, Winter Hill Bank Fsb's most frequently cited loan purpose was Home Purchase, with 67 originations. The 2nd most popular reason was Other, with 13 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 92 | $55,370,000 | $601,848 | $0 | 0.00% |
For 2023, Winter Hill Bank Fsb's most frequently cited loan duration was Other, with 92 originations.
Loan Sizing
2023 saw Winter Hill Bank Fsb place emphasis on $600k-1MM loans with 31 originations, totaling $23,355,000 in origination value.
Applicant Income
Winter Hill Bank Fsb lent most frequently to those with incomes in the $250k+ range, with 32 originations. The second most popular income band? $150k-250k, with 29 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 92 | $55,370,000 | $601,848 | $0 | 0.00% |
Winter Hill Bank Fsb lent most frequently to those with DTI ratios of Exempt%, with 92 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.63%
Winter Hill Bank Fsb has an average approval rate.
Pick Rate
Approvals leading to origination82.61%
Winter Hill Bank Fsb has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 92 | $55,370,000 | $601,848 |