Liberty Bay Credit Union Mortgage Rates, Fees & InfoBraintree, MA
Tax ID: 04-1896000
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewLiberty Bay Credit Union is a smaller credit union specializing in Home Purchase and Cash Out Refi loans. Liberty Bay Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Providence, Barnstable Town, Manchester, and Worcester among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)
Liberty Bay Credit Union has an above average approval rate when compared to the average across all lenders. They have an above 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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|Simulated Rate||Simulation Date|
|15 Year Conventional Refi||5.68%||9/25/23|
|15 Year Cash-out Refi||5.68%||9/25/23|
|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.|
Liberty Bay Credit Union Mortgage Calculator
Your EstimatesEstimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Liberty Bay Credit Union. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Origination Dollar Volume (All Markets)$64,665,000
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)||193||$55,915,000||$289,715||$0||0.00%|
|PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA)||14||$4,270,000||$305,000||$0||0.00%|
|BARNSTABLE TOWN, MA (FHA|USDA|VA)||10||$2,810,000||$281,000||$0||0.00%|
|MANCHESTER-NASHUA, NH (FHA|USDA|VA)||3||$585,000||$195,000||$0||0.00%|
|WORCESTER, MA-CT (FHA|USDA|VA)||2||$490,000||$245,000||$0||0.00%|
|SPRINGFIELD, MA (FHA|USDA|VA)||1||$315,000||$315,000||$0||0.00%|
|Laconia, NH (FHA|USDA|VA)||2||$280,000||$140,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Liberty Bay Credit Union's most frequently originated type of loan was Conventional, with 225 originations.
For 2022, Liberty Bay Credit Union's most frequently cited loan purpose was Home Purchase, with 72 originations. The 2nd most popular reason was Cash Out Refi, with 58 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Liberty Bay Credit Union's most frequently cited loan duration was Other, with 225 originations.
2022 saw Liberty Bay Credit Union place emphasis on $100,000 or less loans with 66 originations, totaling $3,220,000 in origination value.
Liberty Bay Credit Union lent most frequently to those with incomes in the $75k-100k range, with 60 originations. The second most popular income band? $100k-150k, with 58 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Liberty Bay Credit Union lent most frequently to those with DTI ratios of Exempt%, with 225 originations.
|Applicant Ethnicity||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Approval RatesTotal approvals of all applications
Liberty Bay Credit Union has an average approval rate.
Pick RateApprovals leading to origination
Liberty Bay Credit Union has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|