Stoughton Co-operative Bank Mortgage Rates, Fees & Info

Stoughton, MA

LEI: 54930083CVF047DLXL67

Tax ID: 04-1875980

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

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

    Stoughton Co-operative Bank is a smaller bank specializing in Refi and Home Purchase loans. Stoughton Co-operative Bank has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Providence, Worcester, and Portland among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Stoughton Co-operative Bank 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    25

    Origination Dollar Volume (All Markets)

    $8,195,000

    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) 15 $4,725,000 $315,000 $0 0.00%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 8 $2,810,000 $351,250 $0 0.00%
    WORCESTER, MA-CT (FHA|USDA|VA) 1 $425,000 $425,000 $0 0.00%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $235,000 $235,000 $0 0.00%
    Stoughton Co-operative Bank's top markets include Boston, Providence, Worcester, and Portland among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 25 $8,195,000 $327,800 $0 0.00%

    For 2022, Stoughton Co-operative Bank's most frequently originated type of loan was Conventional, with 25 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 15 $3,995,000 $266,333 $0 0.00%
    Home Purchase 10 $4,200,000 $420,000 $0 0.00%

    For 2022, Stoughton Co-operative Bank's most frequently cited loan purpose was Refi, with 15 originations. The 2nd most popular reason was Home Purchase, with 10 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 25 $8,195,000 $327,800 $0 0.00%

    For 2022, Stoughton Co-operative Bank's most frequently cited loan duration was Other, with 25 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 14 $3,950,000 $282,143 $0 0.00%
    $100k-200k 5 $795,000 $159,000 $0 0.00%
    $400k-600k 4 $1,940,000 $485,000 $0 0.00%
    $600k-1MM 2 $1,510,000 $755,000 $0 0.00%

    2022 saw Stoughton Co-operative Bank place emphasis on $200k-400k loans with 14 originations, totaling $3,950,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 8 $3,670,000 $458,750 $0 0.00%
    $75k-100k 6 $1,450,000 $241,667 $0 0.00%
    $100k-150k 5 $1,335,000 $267,000 $0 0.00%
    $50k-75k 3 $675,000 $225,000 $0 0.00%
    $250k+ 1 $295,000 $295,000 $0 0.00%

    Stoughton Co-operative Bank lent most frequently to those with incomes in the $150k-250k range, with 8 originations. The second most popular income band? $75k-100k, with 6 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 25 $8,195,000 $327,800 $0 0.00%

    Stoughton Co-operative Bank lent most frequently to those with DTI ratios of Exempt%, with 25 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 14 $3,680,000 $262,857 $0 0.00%
    Not provided 8 $3,530,000 $441,250 $0 0.00%
    Not applicable 2 $770,000 $385,000 $0 0.00%
    Filipino 1 $215,000 $215,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    93.75%

    Stoughton Co-operative Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    92.00%

    Stoughton Co-operative Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 25 $8,195,000 $327,800

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    25 $8,195,000 $327,800