Holy Rosary Regional Credit Union Mortgage Rates, Fees & Info

Rochester, NH

LEI: 5493000JBDASEOSXCI67

Tax ID: 02-0272024

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • 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

    Holy Rosary Regional Credit Union is a smaller credit union specializing in Cash Out Refi, Refi, and Home Purchase loans. Holy Rosary Regional Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Portland, Laconia, Manchester, and Concord among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Holy Rosary Regional Credit Union has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Holy Rosary Regional Credit Union is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.30% 5/4/24
    30 Year Conventional Refi 6.37% 5/4/24
    30 Year Cash-out Refi 6.79% 5/4/24
    15 Year Conventional Purchase 5.68% 5/4/24
    15 Year Conventional Refi 5.91% 5/4/24
    15 Year Cash-out Refi 5.91% 5/4/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Holy Rosary Regional Credit Union Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Holy Rosary Regional Credit Union. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    224

    Origination Dollar Volume (All Markets)

    $39,240,000

    Awards

    Holy Rosary Regional Credit Union 30 Year Conventional Loans gold Holy Rosary Regional Credit Union 30 Year Conventional Loans bronze
    Show all (2) awards

    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) 170 $28,760,000 $169,176 $2,409 3.56%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 21 $3,665,000 $174,524 $2,692 3.34%
    Outside of Metro Areas 13 $2,605,000 $200,385 $2,500 3.13%
    Laconia, NH (FHA|USDA|VA) 12 $2,150,000 $179,167 $2,001 3.58%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 4 $1,330,000 $332,500 $2,752 3.16%
    Concord, NH (FHA|USDA|VA) 2 $370,000 $185,000 $1,409 4.18%
    Lebanon, NH-VT (FHA|USDA|VA) 2 $360,000 $180,000 $2,477 3.63%
    Holy Rosary Regional Credit Union's top markets include Boston, Portland, Laconia, Manchester, and Concord among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Holy Rosary Regional Credit Union based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    CUMBERLAND COUNTY
    Similarity Rank: 176
    TOWN & COUNTRY FEDERAL CREDIT UNION
    Similarity Rank: 222
    LUSO-AMERICAN CREDIT UNION
    Similarity Rank: 258
    CASCO
    Similarity Rank: 324
    Piscataqua Savings Bank
    Similarity Rank: 446
    Maine Savings Federal Credit Union
    Similarity Rank: 476
    FIVE COUNTY
    Similarity Rank: 484
    Kennebec Savings Bank
    Similarity Rank: 490
    COMMUNITY CREDIT UNION OF LYNN
    Similarity Rank: 525
    CUSO MORTGAGE CORPORATION
    Similarity Rank: 534

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 224 $39,240,000 $175,179 $2,417 3.52%

    For 2020, Holy Rosary Regional Credit Union's most frequently originated type of loan was Conventional, with 224 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 89 $15,105,000 $169,719 $2,317 3.53%
    Refi 81 $14,175,000 $175,000 $2,313 3.41%
    Home Purchase 37 $8,295,000 $224,189 $3,211 3.49%
    Home Improvement 17 $1,665,000 $97,941 $1,688 4.03%

    For 2020, Holy Rosary Regional Credit Union's most frequently cited loan purpose was Cash Out Refi, with 89 originations. The 2nd most popular reason was Refi, with 81 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 73 $15,015,000 $205,685 $2,617 3.53%
    15 Year 64 $10,690,000 $167,031 $2,371 3.44%
    20 Year 42 $8,340,000 $198,571 $2,401 3.28%
    10 Year 32 $3,160,000 $98,750 $1,560 3.92%
    Other 6 $1,350,000 $225,000 $4,252 3.10%
    5 Year 4 $110,000 $27,500 $173 4.49%
    30+ year 3 $575,000 $191,667 $5,958 3.29%

    For 2020, Holy Rosary Regional Credit Union's most frequently cited loan duration was 30 Year, with 73 originations. The 2nd most popular length was 15 Year, with 64 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 190 $32,020,000 $168,526
    $1k-2k 24 $4,600,000 $191,667
    $2k-3k 5 $1,205,000 $241,000
    $3k-4k 3 $735,000 $245,000

    Holy Rosary Regional Credit Union's average total fees were $2,617, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 190 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 135 $26,035,000 $192,852
    2.5-3% 63 $11,675,000 $185,317
    4-5% 18 $1,110,000 $61,667
    Over 8% 2 $80,000 $40,000
    5-6% 2 $130,000 $65,000
    6-7% 2 $90,000 $45,000
    7-8% 2 $120,000 $60,000

    During 2020, Holy Rosary Regional Credit Union's average interest rate for loans was 3.53%, while their most frequently originated rate bucket for loans was 3-4%, with 135 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 94 $14,440,000 $153,617 $2,525 3.22%
    $200k-400k 71 $18,375,000 $258,803 $2,789 3.29%
    $100,000 or less 52 $3,150,000 $60,577 $1,549 4.40%
    $400k-600k 7 $3,275,000 $467,857 $3,547 3.23%

    2020 saw Holy Rosary Regional Credit Union place emphasis on $100k-200k loans with 94 originations, totaling $14,440,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 58 $8,140,000 $140,345 $2,203 3.48%
    $100k-150k 54 $10,600,000 $196,296 $2,677 3.49%
    $75k-100k 52 $9,090,000 $174,808 $2,264 3.67%
    $150k-250k 30 $7,260,000 $242,000 $2,588 3.25%
    $50k or less 25 $2,315,000 $92,600 $2,461 3.73%
    $250k+ 5 $1,835,000 $367,000 $2,629 3.18%

    Holy Rosary Regional Credit Union lent most frequently to those with incomes in the $50k-75k range, with 58 originations. The second most popular income band? $100k-150k, with 54 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 52 $8,890,000 $170,962 $2,478 3.34%
    30-36% 51 $9,645,000 $189,118 $2,610 3.36%
    43% 15 $2,595,000 $173,000 $2,574 3.77%
    42% 15 $2,095,000 $139,667 $2,203 3.50%
    39% 12 $1,730,000 $144,167 $2,132 3.51%
    41% 11 $2,285,000 $207,727 $2,379 3.22%
    40% 10 $1,400,000 $140,000 $1,601 4.02%
    44% 9 $1,555,000 $172,778 $2,286 3.75%
    37% 8 $1,420,000 $177,500 $2,283 4.53%
    <20% 6 $1,490,000 $248,333 $2,661 3.25%
    38% 6 $1,070,000 $178,333 $2,204 3.29%
    46% 6 $1,510,000 $251,667 $2,960 3.42%
    36% 5 $1,255,000 $251,000 $2,326 3.70%
    50-60% 4 $470,000 $117,500 $1,490 4.81%
    47% 4 $580,000 $145,000 $3,241 3.25%
    45% 4 $410,000 $102,500 $2,239 3.06%
    49% 4 $680,000 $170,000 $2,499 4.34%
    48% 1 $115,000 $115,000 $2,480 3.38%
    >60% 1 $45,000 $45,000 $2,395 3.00%

    Holy Rosary Regional Credit Union lent most frequently to those with DTI ratios of 20-30%, with 52 originations. The next most common DTI ratio? 30-36%, with 51 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 196 $33,580,000 $171,327 $2,391 3.54%
    Not provided 24 $4,770,000 $198,750 $2,513 3.29%
    Native Hawaiian or Islander 3 $575,000 $191,667 $3,566 3.92%
    American Indian 1 $315,000 $315,000 $2,822 3.63%

    Approval Rates

    Total approvals of all applications
    85.78%

    Holy Rosary Regional Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    69.20%

    Holy Rosary Regional Credit Union has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 224 $39,240,000 $175,179

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 4 $340,000 $85,000
    Single Family (1-4 Units):Site-Built 220 $38,900,000 $176,818

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 40 $3,700,000 $92,500 $2,195 3.65%
    40-60% 48 $7,670,000 $159,792 $2,407 3.27%
    60-80% 90 $20,530,000 $228,111 $2,807 3.26%
    80-100% 28 $6,710,000 $239,643 $2,630 3.43%
    Under 20% 18 $630,000 $35,000 $487 5.32%