Holyoke Mortgage Rates, Fees & Info
Holyoke, MALEI: 5493001F1MFNT7Y4FU47
Tax ID: 04-1448660
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Holyoke is a smaller mortgage company specializing in Home Purchase loans. Holyoke has a high proportion of conventional loans. Their top markets by origination volume include: Springfield, Barnstable Town, Boston, and Worcester among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Holyoke 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.
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Originations
116Origination Dollar Volume (All Markets)
$18,510,000Top 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 |
|---|---|---|---|---|---|
| SPRINGFIELD, MA (FHA|USDA|VA) | 103 | $13,725,000 | $133,252 | $0 | 0.00% |
| Outside of Metro Areas | 8 | $2,940,000 | $367,500 | $0 | 0.00% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 2 | $930,000 | $465,000 | $0 | 0.00% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $0 | 0.00% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against HOLYOKE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 35
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Similarity Rank: 96
Similarity Rank: 99
Similarity Rank: 161
Similarity Rank: 168
Similarity Rank: 216
Similarity Rank: 260
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 116 | $18,510,000 | $159,569 | $0 | 0.00% |
For 2024, Holyoke's most frequently originated type of loan was Conventional, with 116 originations.
Loan Reason
For 2024, Holyoke's most frequently cited loan purpose was Home Purchase, with 42 originations. The 2nd most popular reason was Home Improvement, with 33 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 116 | $18,510,000 | $159,569 | $0 | 0.00% |
For 2024, Holyoke's most frequently cited loan duration was Other, with 116 originations.
Loan Sizing
2024 saw Holyoke place emphasis on $100,000 or less loans with 63 originations, totaling $3,155,000 in origination value.
Applicant Income
Holyoke lent most frequently to those with incomes in the $75k-100k range, with 29 originations. The second most popular income band? $50k-75k, with 28 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 116 | $18,510,000 | $159,569 | $0 | 0.00% |
Holyoke lent most frequently to those with DTI ratios of Exempt%, with 116 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.62%
Holyoke has an average approval rate.
Pick Rate
Approvals leading to origination72.41%
Holyoke has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 116 | $18,510,000 | $159,569 |