Pentucket Bank Mortgage Rates, Fees & Info

Haverhill, MA

LEI: 54930061YDWSR567KC82

Tax ID: 81-2054111

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

    Pentucket Bank is a smaller bank specializing in Home Purchase loans. Pentucket Bank has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Manchester, Worcester, Concord, and Keene among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Pentucket Bank 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

    149

    Origination Dollar Volume (All Markets)

    $65,205,000

    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
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 114 $46,650,000 $409,211 $0 0.00%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 19 $12,125,000 $638,158 $0 0.00%
    WORCESTER, MA-CT (FHA|USDA|VA) 6 $2,760,000 $460,000 $0 0.00%
    Outside of Metro Areas 4 $1,400,000 $350,000 $0 0.00%
    Concord, NH (FHA|USDA|VA) 3 $1,395,000 $465,000 $0 0.00%
    Keene, NH (FHA|USDA|VA) 1 $435,000 $435,000 $0 0.00%
    SPRINGFIELD, MA (FHA|USDA|VA) 1 $325,000 $325,000 $0 0.00%
    Laconia, NH (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
    Pentucket Bank's top markets include Boston, Manchester, Worcester, Concord, and Keene among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 149 $65,205,000 $437,617 $0 0.00%

    For 2023, Pentucket Bank's most frequently originated type of loan was Conventional, with 149 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 103 $57,265,000 $555,971 $0 0.00%
    Refi 17 $4,195,000 $246,765 $0 0.00%
    Home Improvement 16 $1,350,000 $84,375 $0 0.00%
    Other 9 $985,000 $109,444 $0 0.00%
    Cash Out Refi 4 $1,410,000 $352,500 $0 0.00%

    For 2023, Pentucket Bank's most frequently cited loan purpose was Home Purchase, with 103 originations. The 2nd most popular reason was Refi, with 17 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 149 $65,205,000 $437,617 $0 0.00%

    For 2023, Pentucket Bank's most frequently cited loan duration was Other, with 149 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 44 $13,530,000 $307,500 $0 0.00%
    $400k-600k 35 $17,055,000 $487,286 $0 0.00%
    $600k-1MM 25 $19,005,000 $760,200 $0 0.00%
    $100,000 or less 22 $1,010,000 $45,909 $0 0.00%
    $100k-200k 15 $2,145,000 $143,000 $0 0.00%
    $1MM+ 8 $12,460,000 $1,557,500 $0 0.00%

    2023 saw Pentucket Bank place emphasis on $200k-400k loans with 44 originations, totaling $13,530,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 41 $17,965,000 $438,171 $0 0.00%
    $100k-150k 33 $9,135,000 $276,818 $0 0.00%
    $250k+ 18 $11,620,000 $645,556 $0 0.00%
    $75k-100k 17 $3,965,000 $233,235 $0 0.00%
    $50k-75k 13 $1,885,000 $145,000 $0 0.00%

    Pentucket Bank lent most frequently to those with incomes in the $150k-250k range, with 41 originations. The second most popular income band? $100k-150k, with 33 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 149 $65,205,000 $437,617 $0 0.00%

    Pentucket Bank lent most frequently to those with DTI ratios of Exempt%, with 149 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 102 $35,450,000 $347,549 $0 0.00%
    Not applicable 25 $20,475,000 $819,000 $0 0.00%
    Not provided 18 $8,180,000 $454,444 $0 0.00%
    Asian Indian 2 $670,000 $335,000 $0 0.00%
    Black 2 $430,000 $215,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.54%

    Pentucket Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    78.52%

    Pentucket Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 149 $65,205,000 $437,617

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    149 $65,205,000 $437,617