Rollstone Bank & Trust Mortgage Rates, Fees & Info

Fitchburg, MA

LEI: 54930040WE4NGYGGO143

Tax ID: 04-1328870

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

    Rollstone Bank & Trust is a smaller bank specializing in Home Purchase loans. Rollstone Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Worcester, Boston, Barnstable Town, Portland, and Springfield among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Rollstone Bank & Trust 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

    56

    Origination Dollar Volume (All Markets)

    $36,010,000

    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
    WORCESTER, MA-CT (FHA|USDA|VA) 40 $26,490,000 $662,250 $0 0.00%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 12 $7,290,000 $607,500 $0 0.00%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $1,505,000 $1,505,000 $0 0.00%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $255,000 $255,000 $0 0.00%
    SPRINGFIELD, MA (FHA|USDA|VA) 1 $245,000 $245,000 $0 0.00%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $225,000 $225,000 $0 0.00%
    Rollstone Bank & Trust's top markets include Worcester, Boston, Barnstable Town, Portland, and Springfield among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 56 $36,010,000 $643,036 $0 0.00%

    For 2023, Rollstone Bank & Trust's most frequently originated type of loan was Conventional, with 56 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 41 $30,055,000 $733,049 $0 0.00%
    Other 7 $1,945,000 $277,857 $0 0.00%
    Refi 7 $3,675,000 $525,000 $0 0.00%
    Cash Out Refi 1 $335,000 $335,000 $0 0.00%

    For 2023, Rollstone Bank & Trust's most frequently cited loan purpose was Home Purchase, with 41 originations. The 2nd most popular reason was Other, with 7 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 56 $36,010,000 $643,036 $0 0.00%

    For 2023, Rollstone Bank & Trust's most frequently cited loan duration was Other, with 56 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 21 $6,325,000 $301,190 $0 0.00%
    $400k-600k 15 $7,265,000 $484,333 $0 0.00%
    $100k-200k 9 $1,485,000 $165,000 $0 0.00%
    $600k-1MM 5 $3,595,000 $719,000 $0 0.00%
    $1MM+ 4 $17,150,000 $4,287,500 $0 0.00%
    $100,000 or less 2 $190,000 $95,000 $0 0.00%

    2023 saw Rollstone Bank & Trust place emphasis on $200k-400k loans with 21 originations, totaling $6,325,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 15 $6,485,000 $432,333 $0 0.00%
    $100k-150k 12 $4,120,000 $343,333 $0 0.00%
    $250k+ 9 $5,965,000 $662,778 $0 0.00%
    $50k-75k 7 $1,285,000 $183,571 $0 0.00%
    $75k-100k 6 $1,960,000 $326,667 $0 0.00%
    $50k or less 1 $135,000 $135,000 $0 0.00%

    Rollstone Bank & Trust lent most frequently to those with incomes in the $150k-250k range, with 15 originations. The second most popular income band? $100k-150k, with 12 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 56 $36,010,000 $643,036 $0 0.00%

    Rollstone Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 56 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 45 $15,715,000 $349,222 $0 0.00%
    Not applicable 4 $15,200,000 $3,800,000 $0 0.00%
    Not provided 5 $4,215,000 $843,000 $0 0.00%
    Asian 1 $655,000 $655,000 $0 0.00%
    Black 1 $225,000 $225,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.50%

    Rollstone Bank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.50%

    Rollstone Bank & Trust has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 56 $36,010,000 $643,036

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    56 $36,010,000 $643,036