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

Review & Overview

Eagle Bank is a smaller bank specializing in Cash Out Refi and Home Purchase loans. Eagle Bank has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Providence, North Port, Keene, and Laconia 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.

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Originations

92

Origination Dollar Volume (All Markets)

$65,960,000

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) 85 $62,935,000 $740,412 $0 0.00%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $800,000 $400,000 $0 0.00%
Outside of Metro Areas 1 $785,000 $785,000 $0 0.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $445,000 $445,000 $0 0.00%
Keene, NH (FHA|USDA|VA) 1 $355,000 $355,000 $0 0.00%
Laconia, NH (FHA|USDA|VA) 1 $335,000 $335,000 $0 0.00%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $305,000 $305,000 $0 0.00%
Eagle Bank's top markets include Boston, Providence, North Port, Keene, and Laconia among others.

Their top states include:
  • Massachusetts (FHA|USDA|VA)
  • New Hampshire (FHA|USDA|VA)
  • Rhode Island (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Connecticut (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 92 $65,960,000 $716,957 $0 0.00%

    For 2022, Eagle Bank's most frequently originated type of loan was Conventional, with 92 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 40 $28,700,000 $717,500 $0 0.00%
    Home Purchase 35 $24,915,000 $711,857 $0 0.00%
    Refi 16 $10,770,000 $673,125 $0 0.00%
    Home Improvement 1 $1,575,000 $1,575,000 $0 0.00%

    For 2022, Eagle Bank's most frequently cited loan purpose was Cash Out Refi, with 40 originations. The 2nd most popular reason was Home Purchase, with 35 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 92 $65,960,000 $716,957 $0 0.00%

    For 2022, Eagle Bank's most frequently cited loan duration was Other, with 92 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 28 $8,600,000 $307,143 $0 0.00%
    $400k-600k 22 $11,230,000 $510,455 $0 0.00%
    $600k-1MM 21 $15,415,000 $734,048 $0 0.00%
    $1MM+ 15 $29,825,000 $1,988,333 $0 0.00%
    $100k-200k 6 $890,000 $148,333 $0 0.00%

    2022 saw Eagle Bank place emphasis on $200k-400k loans with 28 originations, totaling $8,600,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 19 $10,225,000 $538,158 $0 0.00%
    $100k-150k 14 $5,300,000 $378,571 $0 0.00%
    $250k+ 12 $9,380,000 $781,667 $0 0.00%
    $50k-75k 6 $1,580,000 $263,333 $0 0.00%
    $75k-100k 5 $1,925,000 $385,000 $0 0.00%
    $50k or less 4 $1,030,000 $257,500 $0 0.00%

    Eagle Bank lent most frequently to those with incomes in the $150k-250k range, with 19 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% 92 $65,960,000 $716,957 $0 0.00%

    Eagle Bank lent most frequently to those with DTI ratios of Exempt%, with 92 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 30 $33,260,000 $1,108,667 $0 0.00%
    White 57 $30,065,000 $527,456 $0 0.00%
    Not provided 4 $2,320,000 $580,000 $0 0.00%
    Asian 1 $315,000 $315,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.74%

    Eagle Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.52%

    Eagle Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 92 $65,960,000 $716,957

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    92 $65,960,000 $716,957