North Shore Bank A Co-operative Bank Mortgage Rates, Fees & Info
Peabody, MALEI: 549300B3J2ZHX7QFH171
Tax ID: 04-3414678
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
North Shore Bank A Co-operative Bank is a smaller bank specializing in Home Purchase loans. North Shore Bank A Co-operative Bank has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Portland, Worcester, Laconia, and Concord among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)North Shore Bank A Co-operative Bank has an 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
180Origination Dollar Volume (All Markets)
$149,550,000Top 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 |
|---|---|---|---|---|---|
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 168 | $145,150,000 | $863,988 | $0 | 0.00% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 4 | $1,930,000 | $482,500 | $0 | 0.00% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 4 | $1,360,000 | $340,000 | $0 | 0.00% |
| Laconia, NH (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $345,000 | $345,000 | $0 | 0.00% |
| Concord, NH (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against North Shore Bank a Co-operative Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 100
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Similarity Rank: 320
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Similarity Rank: 390
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 180 | $149,550,000 | $830,833 | $0 | 0.00% |
For 2024, North Shore Bank A Co-operative Bank's most frequently originated type of loan was Conventional, with 180 originations.
Loan Reason
For 2024, North Shore Bank A Co-operative Bank's most frequently cited loan purpose was Home Purchase, with 80 originations. The 2nd most popular reason was Home Improvement, with 51 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 180 | $149,550,000 | $830,833 | $0 | 0.00% |
For 2024, North Shore Bank A Co-operative Bank's most frequently cited loan duration was Other, with 180 originations.
Loan Sizing
2024 saw North Shore Bank A Co-operative Bank place emphasis on $200k-400k loans with 51 originations, totaling $13,905,000 in origination value.
Applicant Income
North Shore Bank A Co-operative Bank lent most frequently to those with incomes in the $150k-250k range, with 49 originations. The second most popular income band? $100k-150k, with 36 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 180 | $149,550,000 | $830,833 | $0 | 0.00% |
North Shore Bank A Co-operative Bank lent most frequently to those with DTI ratios of Exempt%, with 180 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.11%
North Shore Bank A Co-operative Bank has an average approval rate.
Pick Rate
Approvals leading to origination81.67%
North Shore Bank A Co-operative Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 180 | $149,550,000 | $830,833 |