Eagle Bank Mortgage Rates, Fees & Info

Everett, MA

LEI: 5493000GDQJIBPCUBG13

Tax ID: 04-1295190

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Eagle Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Eagle Bank has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Worcester, Portland, Miami, and Providence among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Eagle Bank 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.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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    Originations

    91

    Origination Dollar Volume (All Markets)

    $80,085,000

    Top 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) 83 $76,515,000 $921,867 $0 0.00%
    WORCESTER, MA-CT (FHA|USDA|VA) 2 $850,000 $425,000 $0 0.00%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $705,000 $705,000 $0 0.00%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $660,000 $330,000 $0 0.00%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $605,000 $605,000 $0 0.00%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $545,000 $545,000 $0 0.00%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
    Eagle Bank's top markets include Boston, Worcester, Portland, Miami, and Providence among others.

    Their top states include:
  • Massachusetts (FHA|USDA|VA)
  • New Hampshire (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Maine (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 91 $80,085,000 $880,055 $0 0.00%

    For 2023, Eagle Bank's most frequently originated type of loan was Conventional, with 91 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 54 $53,080,000 $982,963 $0 0.00%
    Cash Out Refi 25 $20,805,000 $832,200 $0 0.00%
    Other 9 $3,895,000 $432,778 $0 0.00%
    Refi 2 $1,100,000 $550,000 $0 0.00%
    Home Improvement 1 $1,205,000 $1,205,000 $0 0.00%

    For 2023, Eagle Bank's most frequently cited loan purpose was Home Purchase, with 54 originations. The 2nd most popular reason was Cash Out Refi, with 25 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 91 $80,085,000 $880,055 $0 0.00%

    For 2023, Eagle Bank's most frequently cited loan duration was Other, with 91 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $600k-1MM 26 $18,770,000 $721,923 $0 0.00%
    $1MM+ 22 $45,210,000 $2,055,000 $0 0.00%
    $200k-400k 20 $6,190,000 $309,500 $0 0.00%
    $400k-600k 19 $9,425,000 $496,053 $0 0.00%
    $100k-200k 3 $395,000 $131,667 $0 0.00%
    $100,000 or less 1 $95,000 $95,000 $0 0.00%

    2023 saw Eagle Bank place emphasis on $600k-1MM loans with 26 originations, totaling $18,770,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 20 $13,170,000 $658,500 $0 0.00%
    $100k-150k 14 $7,870,000 $562,143 $0 0.00%
    $250k+ 14 $13,650,000 $975,000 $0 0.00%
    $75k-100k 7 $1,845,000 $263,571 $0 0.00%
    $50k-75k 3 $575,000 $191,667 $0 0.00%
    $50k or less 1 $265,000 $265,000 $0 0.00%

    Eagle Bank lent most frequently to those with incomes in the $150k-250k range, with 20 originations. The second most popular income band? $100k-150k, with 14 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 91 $80,085,000 $880,055 $0 0.00%

    Eagle Bank lent most frequently to those with DTI ratios of Exempt%, with 91 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 30 $40,920,000 $1,364,000 $0 0.00%
    White 50 $31,790,000 $635,800 $0 0.00%
    Asian 7 $5,315,000 $759,286 $0 0.00%
    Not provided 2 $1,080,000 $540,000 $0 0.00%
    Black 2 $980,000 $490,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.83%

    Eagle Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.32%

    Eagle Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 91 $80,085,000 $880,055

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    91 $80,085,000 $880,055