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

Jump to:

  • 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 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 Berlin 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 above 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% 11/21/24
    30 Year Conventional Refi 6.37% 11/21/24
    30 Year Cash-out Refi 6.79% 11/21/24
    15 Year Conventional Purchase 5.68% 11/21/24
    15 Year Conventional Refi 5.91% 11/21/24
    15 Year Cash-out Refi 5.91% 11/21/24
    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

    181

    Origination Dollar Volume (All Markets)

    $28,515,000

    Awards

    Holy Rosary Regional Credit Union 30 Year Conventional Loans gold Holy Rosary Regional Credit Union 30 Year Conventional Loans silver
    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) 135 $20,805,000 $154,111 $1,462 4.87%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 18 $3,300,000 $183,333 $1,917 4.39%
    Outside of Metro Areas 17 $2,405,000 $141,471 $1,468 4.64%
    Laconia, NH (FHA|USDA|VA) 6 $1,340,000 $223,333 $1,747 4.93%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 3 $525,000 $175,000 $1,212 5.12%
    Berlin, NH (FHA|USDA|VA) 1 $85,000 $85,000 $2,871 3.50%
    Keene, NH (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.99%
    Holy Rosary Regional Credit Union's top markets include Boston, Portland, Laconia, Manchester, and Berlin among others.

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

    QUINCY CREDIT UNION
    Similarity Rank: 50
    Direct Federal Credit Union
    Similarity Rank: 115
    Sharon & Crescent United Credit Union
    Similarity Rank: 168
    Saco Valley Credit Union
    Similarity Rank: 176
    CUSO MORTGAGE CORPORATION
    Similarity Rank: 195
    Middlesex Savings Bank
    Similarity Rank: 195
    ALIGN CREDIT UNION
    Similarity Rank: 200
    Maine Community Bank
    Similarity Rank: 224
    Piscataqua Savings Bank
    Similarity Rank: 304
    TOWN & COUNTRY FEDERAL CREDIT UNION
    Similarity Rank: 335

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 181 $28,515,000 $157,541 $1,514 4.80%

    For 2022, Holy Rosary Regional Credit Union's most frequently originated type of loan was Conventional, with 181 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 65 $11,485,000 $176,692 $1,888 4.69%
    Home Improvement 40 $2,690,000 $67,250 $182 5.32%
    Home Purchase 30 $9,400,000 $313,333 $3,009 4.70%
    Other 27 $1,695,000 $62,778 $249 5.49%
    Refi 19 $3,245,000 $170,789 $2,500 3.29%

    For 2022, Holy Rosary Regional Credit Union's most frequently cited loan purpose was Cash Out Refi, with 65 originations. The 2nd most popular reason was Home Improvement, with 40 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 73 $19,875,000 $272,260 $2,986 4.50%
    15 Year 52 $4,870,000 $93,654 $593 5.28%
    10 Year 38 $2,200,000 $57,895 $267 5.13%
    5 Year 13 $495,000 $38,077 $0 4.28%
    20 Year 5 $1,075,000 $215,000 $2,855 3.10%

    For 2022, 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 52 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 179 $28,195,000 $157,514

    Holy Rosary Regional Credit Union's average total fees were $2,986, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 179 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 64 $10,910,000 $170,469
    5-6% 47 $5,405,000 $115,000
    3-4% 38 $7,870,000 $207,105
    2.5-3% 11 $1,805,000 $164,091
    6-7% 11 $1,085,000 $98,636
    7-8% 5 $735,000 $147,000
    <2.5% 3 $405,000 $135,000
    Over 8% 2 $300,000 $150,000

    During 2022, Holy Rosary Regional Credit Union's average interest rate for loans was 4.50%, while their most frequently originated rate bucket for loans was 4-5%, with 64 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 77 $3,935,000 $51,104 $161 5.13%
    $100k-200k 48 $6,830,000 $142,292 $1,906 4.71%
    $200k-400k 46 $12,550,000 $272,826 $2,951 4.50%
    $400k-600k 7 $3,285,000 $469,286 $3,358 4.16%
    $600k-1MM 3 $1,915,000 $638,333 $3,421 4.13%

    2022 saw Holy Rosary Regional Credit Union place emphasis on $100,000 or less loans with 77 originations, totaling $3,935,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 54 $9,470,000 $175,370 $1,487 5.15%
    $50k-75k 41 $4,785,000 $116,707 $1,458 4.56%
    $75k-100k 33 $4,665,000 $141,364 $1,270 4.68%
    $150k-250k 27 $6,455,000 $239,074 $1,943 4.55%
    $50k or less 20 $2,010,000 $100,500 $1,606 4.58%
    $250k+ 3 $955,000 $318,333 $2,464 5.04%

    Holy Rosary Regional Credit Union lent most frequently to those with incomes in the $100k-150k range, with 54 originations. The second most popular income band? $50k-75k, with 41 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 53 $8,525,000 $160,849 $1,589 4.63%
    30-36% 25 $3,685,000 $147,400 $1,551 4.62%
    <20% 10 $1,360,000 $136,000 $1,736 4.32%
    37% 9 $785,000 $87,222 $948 4.79%
    45% 8 $1,030,000 $128,750 $1,273 5.04%
    44% 7 $1,295,000 $185,000 $1,600 6.05%
    39% 7 $1,115,000 $159,286 $2,497 4.43%
    36% 7 $645,000 $92,143 $1,281 4.67%
    41% 7 $1,145,000 $163,571 $1,221 5.10%
    40% 6 $1,080,000 $180,000 $1,650 5.06%
    49% 6 $1,640,000 $273,333 $2,531 4.77%
    38% 6 $800,000 $133,333 $1,402 4.77%
    48% 6 $1,840,000 $306,667 $1,929 5.72%
    43% 6 $710,000 $118,333 $878 4.87%
    46% 6 $490,000 $81,667 $429 5.68%
    42% 5 $835,000 $167,000 $1,765 4.42%
    47% 5 $835,000 $167,000 $816 5.04%
    50-60% 1 $75,000 $75,000 $0 3.99%
    >60% 1 $625,000 $625,000 $3,101 3.63%

    Holy Rosary Regional Credit Union lent most frequently to those with DTI ratios of 20-30%, with 53 originations. The next most common DTI ratio? 30-36%, with 25 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 157 $25,135,000 $160,096 $1,486 4.84%
    Not provided 18 $2,600,000 $144,444 $1,910 4.30%
    Black 2 $310,000 $155,000 $1,389 3.62%
    Asian 3 $285,000 $95,000 $0 6.66%
    American Indian 1 $185,000 $185,000 $1,994 4.75%

    Approval Rates

    Total approvals of all applications
    92.19%

    Holy Rosary Regional Credit Union has an average approval rate.

    Pick Rate

    Approvals leading to origination
    77.35%

    Holy Rosary Regional Credit Union has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 181 $28,515,000 $157,541

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    181 $28,515,000 $157,541

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 48 $4,850,000 $101,042 $828 5.18%
    40-60% 23 $4,675,000 $203,261 $2,652 4.15%
    60-80% 36 $9,210,000 $255,833 $2,887 4.42%
    80-100% 22 $7,460,000 $339,091 $3,130 4.57%
    Under 20% 52 $2,320,000 $44,615 $8 5.11%