Rollstone Bank & Trust Mortgage Rates, Fees & Info
Fitchburg, MALEI: 54930040WE4NGYGGO143
Tax ID: 04-1328870
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
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, Providence, and Springfield among others. We have data for 8 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.
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Originations
51Origination Dollar Volume (All Markets)
$21,915,000Top 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 |
|---|---|---|---|---|---|
| WORCESTER, MA-CT (FHA|USDA|VA) | 39 | $16,155,000 | $414,231 | $0 | 0.00% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 6 | $2,990,000 | $498,333 | $0 | 0.00% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $885,000 | $885,000 | $0 | 0.00% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| Concord, NH (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| Keene, NH (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| LEWISTON-AUBURN, ME (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 51 | $21,915,000 | $429,706 | $0 | 0.00% |
For 2024, Rollstone Bank & Trust's most frequently originated type of loan was Conventional, with 51 originations.
Loan Reason
For 2024, Rollstone Bank & Trust's most frequently cited loan purpose was Home Purchase, with 42 originations. The 2nd most popular reason was Other, with 5 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 51 | $21,915,000 | $429,706 | $0 | 0.00% |
For 2024, Rollstone Bank & Trust's most frequently cited loan duration was Other, with 51 originations.
Loan Sizing
2024 saw Rollstone Bank & Trust place emphasis on $200k-400k loans with 20 originations, totaling $5,890,000 in origination value.
Applicant Income
Rollstone Bank & Trust lent most frequently to those with incomes in the $150k-250k range, with 16 originations. The second most popular income band? $250k+, with 16 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 51 | $21,915,000 | $429,706 | $0 | 0.00% |
Rollstone Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 51 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 48 | $21,030,000 | $438,125 | $0 | 0.00% |
| Not provided | 2 | $620,000 | $310,000 | $0 | 0.00% |
| Asian | 1 | $265,000 | $265,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications94.34%
Rollstone Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination76.47%
Rollstone Bank & Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 51 | $21,915,000 | $429,706 |