Leader Bank Mortgage Rates, Fees & Info

Arlington, MA

LEI: 549300FK3AFCFVAPH234

Tax ID: 04-3557920

5 stars - Updated: 11/17/24 - out of 5 stars, based on 62 reviews

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

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Mortgage Data

Review & Overview

Leader Bank is a small bank specializing in Home Purchase loans. Leader Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Boston, Worcester, Providence, Barnstable Town, and Hartford among others. We have data for 133 markets. (Some data included below & more in-depth data is available with an active subscription.)

Leader 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. Leader Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

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.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.18% 11/17/24
30 Year Conventional Purchase 6.12% 11/17/24
30 Year Conventional Refi 6.24% 11/17/24
30 Year Cash-out Refi 6.41% 11/17/24
30 Year FHA Purchase 6.81% 11/17/24
30 Year FHA Refi 6.27% 11/17/24
30 Year VA Purchase 5.95% 11/17/24
30 Year VA Refi 5.62% 11/17/24
15 Year Conventional Purchase 5.30% 11/17/24
15 Year Conventional Refi 5.78% 11/17/24
15 Year Cash-out Refi 5.78% 11/17/24
15 Year FHA Purchase 5.68% 11/17/24
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.

Leader Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Leader Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

3,811

Origination Dollar Volume (All Markets)

$1,905,085,000
Show all (10) awards

Relative Rate

Leader Bank's average 30 year fixed mortgage rate was 6.47%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of -0.01%.

Relative Fees (Closing Costs)

Leader Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $5,552.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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) 2,579 $1,405,975,000 $545,163 $5,484 6.38%
WORCESTER, MA-CT (FHA|USDA|VA) 341 $153,105,000 $448,988 $5,719 6.54%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 173 $62,275,000 $359,971 $4,933 6.58%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 113 $54,675,000 $483,850 $4,953 6.93%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 112 $34,250,000 $305,804 $5,431 6.58%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 44 $16,150,000 $367,045 $4,798 6.85%
Outside of Metro Areas 26 $12,720,000 $489,231 $4,652 6.90%
SPRINGFIELD, MA (FHA|USDA|VA) 39 $11,395,000 $292,179 $4,228 6.73%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 15 $9,585,000 $639,000 $6,670 6.17%
Lebanon, NH-VT (FHA|USDA|VA) 22 $7,240,000 $329,091 $4,584 7.12%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 17 $7,225,000 $425,000 $6,207 6.72%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 13 $5,615,000 $431,923 $7,388 6.70%
Vineyard Haven, MA (FHA|USDA|VA) 6 $5,200,000 $866,667 $8,403 6.60%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 11 $5,195,000 $472,273 $4,383 6.88%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 11 $4,145,000 $376,818 $5,919 6.51%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 7 $4,075,000 $582,143 $5,145 6.32%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 7 $3,745,000 $535,000 $4,377 6.41%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 6 $3,520,000 $586,667 $7,752 6.62%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 7 $3,495,000 $499,286 $6,314 6.71%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 4 $3,440,000 $860,000 $7,360 6.41%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 9 $3,375,000 $375,000 $5,281 6.07%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 8 $3,120,000 $390,000 $6,157 6.70%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 3 $2,655,000 $885,000 $13,337 7.13%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 5 $2,625,000 $525,000 $6,591 6.62%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 6 $2,530,000 $421,667 $6,425 6.00%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $2,475,000 $495,000 $8,000 6.50%
Laconia, NH (FHA|USDA|VA) 6 $2,370,000 $395,000 $7,419 7.37%
Concord, NH (FHA|USDA|VA) 8 $2,330,000 $291,250 $4,392 6.37%
SALT LAKE CITY, UT (FHA|USDA|VA) 3 $2,145,000 $715,000 $5,823 6.38%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $2,125,000 $708,333 $6,472 7.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 5 $2,055,000 $411,000 $5,889 6.12%
Torrington, CT (FHA|USDA|VA) 7 $2,015,000 $287,857 $8,460 6.68%
Edwards, CO (FHA|USDA|VA) 1 $2,005,000 $2,005,000 $4,963 6.62%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 5 $1,985,000 $397,000 $5,239 6.97%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 5 $1,925,000 $385,000 $5,769 6.40%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 6 $1,880,000 $313,333 $7,032 6.35%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 4 $1,790,000 $447,500 $5,552 6.59%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 5 $1,735,000 $347,000 $10,846 6.40%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 5 $1,705,000 $341,000 $5,049 6.20%
JACKSONVILLE, FL (FHA|USDA|VA) 5 $1,695,000 $339,000 $8,625 6.10%
RALEIGH-CARY, NC (FHA|USDA|VA) 4 $1,620,000 $405,000 $7,664 6.61%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 5 $1,545,000 $309,000 $5,654 6.60%
Bennington, VT (FHA|USDA|VA) 2 $1,440,000 $720,000 $5,678 7.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 5 $1,425,000 $285,000 $6,031 6.50%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 4 $1,380,000 $345,000 $4,715 6.34%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 3 $1,315,000 $438,333 $4,787 6.25%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 4 $1,250,000 $312,500 $6,267 6.46%
Augusta-Waterville, ME (FHA|USDA|VA) 4 $1,240,000 $310,000 $4,269 6.78%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $1,200,000 $300,000 $6,136 6.81%
COLUMBUS, OH (FHA|USDA|VA) 3 $1,115,000 $371,667 $5,097 6.88%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 3 $1,085,000 $361,667 $4,663 5.96%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $9,135 7.13%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $990,000 $495,000 $4,894 6.81%
Rutland, VT (FHA|USDA|VA) 5 $975,000 $195,000 $4,579 7.20%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 4 $960,000 $240,000 $4,479 6.41%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $940,000 $470,000 $7,923 6.37%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $880,000 $440,000 $6,750 6.50%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $855,000 $855,000 $4,717 6.49%
Berlin, NH (FHA|USDA|VA) 2 $850,000 $425,000 $4,385 6.93%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $845,000 $281,667 $4,891 7.50%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $820,000 $410,000 $7,633 6.31%
BEND, OR (FHA|USDA|VA) 1 $795,000 $795,000 $23,365 6.88%
Glenwood Springs, CO (FHA|USDA|VA) 1 $735,000 $735,000 $4,053 5.75%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $680,000 $340,000 $12,431 7.37%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $645,000 $645,000 $15,602 5.00%
LYNCHBURG, VA (FHA|USDA|VA) 3 $645,000 $215,000 $4,244 6.83%
Barre, VT (FHA|USDA|VA) 2 $640,000 $320,000 $9,480 7.74%
SANTA FE, NM (FHA|USDA|VA) 1 $635,000 $635,000 $6,043 6.38%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $630,000 $315,000 $5,850 6.13%
SHEBOYGAN, WI (FHA|USDA|VA) 1 $615,000 $615,000 $9,198 5.99%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $605,000 $605,000 $5,486 6.63%
PITTSBURGH, PA (FHA|USDA|VA) 3 $595,000 $198,333 $6,462 7.20%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $585,000 $585,000 $4,246 5.99%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $570,000 $285,000 $4,074 6.00%
Keene, NH (FHA|USDA|VA) 2 $560,000 $280,000 $10,645 6.93%
SYRACUSE, NY (FHA|USDA|VA) 2 $550,000 $275,000 $6,525 6.37%
PITTSFIELD, MA (FHA|USDA|VA) 3 $545,000 $181,667 $4,125 6.46%
Hudson, NY (FHA|USDA|VA) 1 $535,000 $535,000 $5,603 7.25%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $515,000 $515,000 $4,326 7.63%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $505,000 $505,000 $4,013 6.62%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $470,000 $235,000 $0 7.31%
Athens, TX (FHA|USDA|VA) 1 $445,000 $445,000 $6,514 6.62%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $430,000 $215,000 $4,119 7.19%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $415,000 $415,000 $3,822 6.88%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $415,000 $415,000 $7,327 7.13%
RENO, NV (FHA|USDA|VA) 1 $395,000 $395,000 $8,292 5.88%
FORT WAYNE, IN (FHA|USDA|VA) 1 $385,000 $385,000 $4,257 6.63%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $345,000 $345,000 $0 6.25%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $335,000 $335,000 $4,996 7.25%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $335,000 $335,000 $0 7.99%
Altus, OK (FHA|USDA|VA) 1 $315,000 $315,000 $11,089 6.13%
Cookeville, TN (FHA|USDA|VA) 1 $295,000 $295,000 $4,263 7.00%
KNOXVILLE, TN (FHA|USDA|VA) 1 $285,000 $285,000 $4,093 6.38%
Sonora, CA (FHA|USDA|VA) 1 $265,000 $265,000 $0 7.99%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $255,000 $255,000 $3,225 7.00%
FORT COLLINS, CO (FHA|USDA|VA) 1 $255,000 $255,000 $5,998 5.88%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $245,000 $245,000 $4,777 7.37%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $245,000 $245,000 $4,190 7.13%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $245,000 $245,000 $3,930 6.38%
FLORENCE, SC (FHA|USDA|VA) 1 $245,000 $245,000 $6,017 6.50%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $235,000 $235,000 $3,439 6.25%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $235,000 $235,000 $5,161 7.13%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $230,000 $115,000 $3,450 7.50%
THE VILLAGES, FL (FHA|USDA|VA) 1 $225,000 $225,000 $0 6.75%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $225,000 $225,000 $6,676 5.63%
FORT SMITH, AR-OK (FHA|USDA|VA) 2 $220,000 $110,000 $4,141 6.49%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $215,000 $215,000 $4,403 6.25%
Grand Rapids, MN (FHA|USDA|VA) 1 $215,000 $215,000 $5,387 7.13%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $205,000 $205,000 $5,303 6.50%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $205,000 $205,000 $0 5.99%
OCALA, FL (FHA|USDA|VA) 1 $205,000 $205,000 $6,064 7.63%
BANGOR, ME (FHA|USDA|VA) 1 $205,000 $205,000 $3,950 7.50%
ROCHESTER, NY (FHA|USDA|VA) 1 $195,000 $195,000 $0 7.63%
COLUMBIA, SC (FHA|USDA|VA) 1 $185,000 $185,000 $3,132 6.00%
ERIE, PA (FHA|USDA|VA) 1 $185,000 $185,000 $4,621 6.88%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,469 6.13%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $175,000 $175,000 $0 6.50%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $175,000 $175,000 $3,143 6.99%
BRUNSWICK, GA (FHA|USDA|VA) 1 $175,000 $175,000 $4,685 5.88%
RACINE, WI (FHA|USDA|VA) 1 $165,000 $165,000 $4,327 7.00%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.99%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $155,000 $155,000 $4,322 6.25%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $150,000 $75,000 $0 7.56%
ROANOKE, VA (FHA|USDA|VA) 1 $145,000 $145,000 $5,047 5.99%
Ashtabula, OH (FHA|USDA|VA) 1 $135,000 $135,000 $3,624 6.38%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $135,000 $135,000 $0 7.38%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $115,000 $115,000 $2,446 6.38%
Sheridan, WY (FHA|USDA|VA) 1 $115,000 $115,000 $3,135 6.13%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $115,000 $115,000 $0 6.75%
Ashland, OH (FHA|USDA|VA) 1 $95,000 $95,000 $4,829 6.95%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $95,000 $95,000 $0 7.50%
Sturgis, MI (FHA|USDA|VA) 1 $65,000 $65,000 $0 7.49%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $45,000 $45,000 $0 6.75%
Leader Bank's top markets include Boston, Worcester, Providence, Barnstable Town, and Hartford among others.

Their top states include:
  • Massachusetts (FHA|USDA|VA)
  • New Hampshire (FHA|USDA|VA)
  • Connecticut (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Rhode Island (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,084 $1,731,260,000 $561,368 $5,209 6.47%
    HELOC 614 $116,450,000 $189,658 n/a 6.43%
    FHA 78 $40,060,000 $513,590 $13,963 6.38%
    VA 35 $17,315,000 $494,714 $9,523 6.32%

    For 2023, Leader Bank's most frequently originated type of loan was Conventional, with 3,084 originations. Their 2nd most popular type was HELOC, with 614 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,060 $1,655,340,000 $540,961 $5,556 6.46%
    Other 482 $92,040,000 $190,954 $4,633 6.45%
    Cash Out Refi 166 $83,010,000 $500,060 $4,093 6.47%
    Refi 57 $39,865,000 $699,386 $4,025 6.57%
    Home Improvement 46 $34,830,000 $757,174 $3,587 6.56%

    For 2023, Leader Bank's most frequently cited loan purpose was Home Purchase, with 3,060 originations. The 2nd most popular reason was Other, with 482 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,994 $1,583,720,000 $528,965 $5,552 6.47%
    Other 619 $152,765,000 $246,793 $3,651 6.45%
    15 Year 156 $94,930,000 $608,526 $4,127 6.17%
    20 Year 24 $12,880,000 $536,667 $4,529 6.21%
    10 Year 11 $40,785,000 $3,707,727 $0 7.25%
    1 Year 6 $19,630,000 $3,271,667 $0 9.17%
    5 Year 1 $375,000 $375,000 $0 7.00%

    For 2023, Leader Bank's most frequently cited loan duration was 30 Year, with 2,994 originations. The 2nd most popular length was Other, with 619 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 2,216 $1,195,890,000 $539,662
    $2k-3k 258 $120,540,000 $467,209
    $5k+ 205 $133,335,000 $650,415
    $3k-4k 116 $57,960,000 $499,655
    $4k-5k 82 $42,870,000 $522,805
    $<1k 26 $1,690,000 $65,000

    Leader Bank's average total fees were $5,552, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,216 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1,861 $870,105,000 $467,547
    5-6% 1,146 $594,120,000 $518,429
    7-8% 671 $335,165,000 $499,501
    Over 8% 64 $55,810,000 $872,031
    4-5% 55 $49,585,000 $901,545
    <2.5% 14 $300,000 $21,429

    During 2023, Leader Bank's average interest rate for loans was 6.47%, while their most frequently originated rate bucket for loans was 6-7%, with 1,861 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,086 $324,990,000 $299,254 $4,717 6.60%
    $400k-600k 1,079 $529,965,000 $491,163 $5,395 6.56%
    $600k-1MM 814 $600,280,000 $737,445 $6,408 6.31%
    $100k-200k 413 $60,425,000 $146,308 $3,726 6.51%
    $1MM+ 224 $377,180,000 $1,683,839 $7,903 6.11%
    $100,000 or less 195 $12,245,000 $62,795 $1,317 6.14%

    2023 saw Leader Bank place emphasis on $200k-400k loans with 1,086 originations, totaling $324,990,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 1,248 $551,440,000 $441,859 $5,749 6.52%
    $250k+ 1,158 $762,170,000 $658,178 $6,152 6.35%
    $100k-150k 834 $313,440,000 $375,827 $5,024 6.51%
    $75k-100k 301 $86,005,000 $285,731 $4,782 6.46%
    $50k-75k 176 $38,120,000 $216,591 $3,967 6.23%
    $50k or less 27 $4,425,000 $163,889 $3,944 6.17%

    Leader Bank lent most frequently to those with incomes in the $150k-250k range, with 1,248 originations. The second most popular income band? $250k+, with 1,158 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 797 $379,575,000 $476,255 $5,465 6.44%
    20-30% 777 $356,395,000 $458,681 $5,255 6.39%
    39% 222 $106,160,000 $478,198 $5,251 6.37%
    38% 197 $102,165,000 $518,604 $5,977 6.44%
    40% 183 $87,445,000 $477,842 $5,549 6.50%
    <20% 181 $70,985,000 $392,182 $4,916 6.33%
    37% 179 $84,905,000 $474,330 $5,857 6.40%
    41% 170 $78,950,000 $464,412 $5,428 6.33%
    42% 158 $76,960,000 $487,089 $5,666 6.34%
    36% 151 $74,535,000 $493,609 $5,920 6.50%
    49% 121 $54,765,000 $452,603 $5,577 6.63%
    43% 121 $53,675,000 $443,595 $5,313 6.49%
    44% 101 $50,565,000 $500,644 $5,893 6.66%
    45% 92 $41,170,000 $447,500 $5,242 6.61%
    47% 90 $42,790,000 $475,444 $5,443 6.62%
    46% 90 $40,730,000 $452,556 $5,675 6.59%
    48% 90 $38,350,000 $426,111 $5,602 6.57%
    50-60% 13 $5,645,000 $434,231 $11,507 6.69%
    >60% 1 $505,000 $505,000 $0 6.49%

    Leader Bank lent most frequently to those with DTI ratios of 30-36%, with 797 originations. The next most common DTI ratio? 20-30%, with 777 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,411 $1,128,705,000 $468,148 $5,469 6.48%
    Asian 575 $299,025,000 $520,043 $5,348 6.34%
    Not provided 672 $297,640,000 $442,917 $5,584 6.41%
    Not applicable 61 $139,435,000 $2,285,820 $0 7.40%
    Black 87 $38,115,000 $438,103 $6,566 6.49%
    American Indian 5 $2,165,000 $433,000 $6,313 6.63%

    Approval Rates

    Total approvals of all applications
    97.45%

    Leader Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    81.16%

    Leader Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,811 $1,905,085,000 $499,891

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,811 $1,905,085,000 $499,891

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 436 $126,490,000 $290,115 $4,007 6.41%
    40-60% 443 $233,035,000 $526,038 $4,938 6.43%
    60-80% 1,298 $811,630,000 $625,293 $5,499 6.56%
    80-100% 1,215 $675,485,000 $555,955 $6,021 6.45%
    Over 100% 3 $1,285,000 $428,333 $19,777 6.50%
    Under 20% 416 $57,160,000 $137,404 $2,379 6.29%