Clinton Savings Bank Mortgage Rates, Fees & Info
Clinton, MALEI: 5493008ZGR745OCU3U41
Tax ID: 04-1185690
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Clinton Savings Bank is a smaller bank specializing in Home Purchase and Refi loans. Clinton Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Worcester, Boston, Providence, Keene, and Springfield among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Clinton Savings 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.
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Originations
239Origination Dollar Volume (All Markets)
$104,815,000Top 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) | 166 | $51,110,000 | $307,892 | $0 | 0.00% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 64 | $47,800,000 | $746,875 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $2,925,000 | $2,925,000 | $0 | 0.00% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 3 | $1,195,000 | $398,333 | $0 | 0.00% |
| Keene, NH (FHA|USDA|VA) | 2 | $1,060,000 | $530,000 | $0 | 0.00% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| Lebanon, NH-VT (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| PITTSFIELD, MA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 239 | $104,815,000 | $438,556 | $0 | 0.00% |
For 2022, Clinton Savings Bank's most frequently originated type of loan was Conventional, with 239 originations.
Loan Reason
For 2022, Clinton Savings Bank's most frequently cited loan purpose was Home Purchase, with 124 originations. The 2nd most popular reason was Cash Out Refi, with 48 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 239 | $104,815,000 | $438,556 | $0 | 0.00% |
For 2022, Clinton Savings Bank's most frequently cited loan duration was Other, with 239 originations.
Loan Sizing
2022 saw Clinton Savings Bank place emphasis on $200k-400k loans with 85 originations, totaling $25,775,000 in origination value.
Applicant Income
Clinton Savings Bank lent most frequently to those with incomes in the $150k-250k range, with 72 originations. The second most popular income band? $100k-150k, with 51 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 239 | $104,815,000 | $438,556 | $0 | 0.00% |
Clinton Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 239 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.85%
Clinton Savings Bank has an average approval rate.
Pick Rate
Approvals leading to origination72.38%
Clinton Savings Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 239 | $104,815,000 | $438,556 |