Leader Bank Mortgage Rates, Fees & Info

Arlington, MA

LEI: 549300FK3AFCFVAPH234

Tax ID: 04-3557920

5 stars - Updated: 4/5/25 - out of 5 stars, based on 73 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • 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

    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, Barnstable Town, Providence, and Manchester among others. We have data for 167 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 a low 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 about average 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) 6.72% 4/5/25
    30 Year Conventional Purchase 6.58% 4/5/25
    30 Year Conventional Refi 6.67% 4/5/25
    30 Year Cash-out Refi 6.81% 4/5/25
    30 Year FHA Purchase 6.85% 4/5/25
    30 Year FHA Refi 6.89% 4/5/25
    30 Year VA Purchase 6.23% 4/5/25
    30 Year VA Refi 6.12% 4/5/25
    15 Year Conventional Purchase 5.46% 4/5/25
    15 Year Conventional Refi 5.86% 4/5/25
    15 Year Cash-out Refi 5.86% 4/5/25
    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

    5,398

    Origination Dollar Volume (All Markets)

    $2,739,680,000
    Show all (15) awards

    Relative Rate

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

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of -0.08%.

    Relative Fees (Closing Costs)

    Leader Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $5,240.

    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 $8,356.

    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) 3,575 $1,971,315,000 $551,417 $5,188 6.53%
    WORCESTER, MA-CT (FHA|USDA|VA) 437 $178,265,000 $407,929 $5,115 6.59%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 227 $120,465,000 $530,683 $5,200 6.69%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 265 $111,635,000 $421,264 $5,035 6.51%
    Outside of Metro Areas 204 $69,860,000 $342,451 $5,364 6.66%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 78 $33,910,000 $434,744 $4,476 6.51%
    Vineyard Haven, MA (FHA|USDA|VA) 17 $19,025,000 $1,119,118 $7,541 6.60%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 32 $14,410,000 $450,313 $5,832 6.56%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 29 $12,145,000 $418,793 $4,107 6.91%
    SPRINGFIELD, MA (FHA|USDA|VA) 28 $9,590,000 $342,500 $4,974 6.48%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 14 $8,380,000 $598,571 $7,169 6.88%
    Lebanon, NH-VT (FHA|USDA|VA) 19 $6,625,000 $348,684 $4,835 6.59%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 19 $6,435,000 $338,684 $6,368 6.59%
    RALEIGH-CARY, NC (FHA|USDA|VA) 19 $6,245,000 $328,684 $4,083 6.63%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 13 $6,175,000 $475,000 $7,508 6.90%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 10 $5,970,000 $597,000 $5,404 6.36%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 8 $5,710,000 $713,750 $5,517 6.59%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 13 $5,415,000 $416,538 $5,967 6.57%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 9 $4,345,000 $482,778 $8,499 6.87%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 11 $4,175,000 $379,545 $6,114 6.56%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 4 $4,040,000 $1,010,000 $5,363 6.72%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 6 $3,880,000 $646,667 $5,209 6.44%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 14 $3,820,000 $272,857 $6,421 6.56%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 7 $3,755,000 $536,429 $6,681 6.71%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 8 $3,600,000 $450,000 $7,218 6.75%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 9 $3,445,000 $382,778 $4,386 7.11%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 4 $3,150,000 $787,500 $5,427 6.44%
    Concord, NH (FHA|USDA|VA) 8 $2,960,000 $370,000 $3,679 6.59%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 9 $2,955,000 $328,333 $4,272 6.87%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 8 $2,810,000 $351,250 $6,204 6.81%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 6 $2,680,000 $446,667 $5,712 6.46%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 8 $2,640,000 $330,000 $3,086 6.81%
    Laconia, NH (FHA|USDA|VA) 6 $2,560,000 $426,667 $3,806 6.79%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 7 $2,555,000 $365,000 $4,160 6.50%
    PITTSFIELD, MA (FHA|USDA|VA) 5 $2,535,000 $507,000 $5,714 6.27%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 5 $2,365,000 $473,000 $5,381 6.15%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 7 $2,355,000 $336,429 $4,532 6.84%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $2,320,000 $1,160,000 $10,598 6.44%
    JACKSONVILLE, FL (FHA|USDA|VA) 8 $2,260,000 $282,500 $4,002 6.70%
    BEND, OR (FHA|USDA|VA) 2 $1,980,000 $990,000 $7,447 6.25%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 5 $1,935,000 $387,000 $5,308 6.42%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 3 $1,915,000 $638,333 $6,633 6.66%
    THE VILLAGES, FL (FHA|USDA|VA) 5 $1,855,000 $371,000 $3,352 6.70%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 3 $1,825,000 $608,333 $10,323 6.12%
    Whitewater, WI (FHA|USDA|VA) 1 $1,755,000 $1,755,000 $6,902 7.38%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $1,675,000 $558,333 $4,065 5.92%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 5 $1,645,000 $329,000 $5,889 6.50%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 4 $1,550,000 $387,500 $6,764 6.56%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $1,525,000 $508,333 $9,502 6.75%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 8 $1,520,000 $190,000 $3,492 6.84%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $1,490,000 $372,500 $5,315 6.81%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $1,440,000 $360,000 $4,736 6.78%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $1,420,000 $355,000 $3,563 6.37%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $1,325,000 $1,325,000 $7,095 6.63%
    RICHMOND, VA (FHA|USDA|VA) 4 $1,310,000 $327,500 $4,861 6.22%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 4 $1,300,000 $325,000 $4,490 6.56%
    MADERA, CA (FHA|USDA|VA) 2 $1,250,000 $625,000 $4,968 7.31%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 3 $1,215,000 $405,000 $4,233 6.41%
    AKRON, OH (FHA|USDA|VA) 3 $1,205,000 $401,667 $4,863 7.08%
    Augusta-Waterville, ME (FHA|USDA|VA) 4 $1,190,000 $297,500 $5,314 6.56%
    COLUMBUS, OH (FHA|USDA|VA) 4 $1,180,000 $295,000 $3,771 6.72%
    OCALA, FL (FHA|USDA|VA) 2 $1,160,000 $580,000 $7,336 6.63%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 6 $1,110,000 $185,000 $4,114 6.56%
    SALISBURY, MD-DE (FHA|USDA|VA) 4 $1,100,000 $275,000 $4,359 6.34%
    SIOUX FALLS, SD (FHA|USDA|VA) 2 $1,010,000 $505,000 $3,594 8.19%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 4 $960,000 $240,000 $5,484 6.90%
    SAVANNAH, GA (FHA|USDA|VA) 3 $955,000 $318,333 $5,371 6.46%
    Keene, NH (FHA|USDA|VA) 1 $935,000 $935,000 $0 6.88%
    TUCSON, AZ (FHA|USDA|VA) 2 $920,000 $460,000 $8,743 7.25%
    BOISE CITY, ID (FHA|USDA|VA) 1 $915,000 $915,000 $7,324 6.75%
    ROCHESTER, NY (FHA|USDA|VA) 2 $880,000 $440,000 $7,073 5.94%
    PUNTA GORDA, FL (FHA|USDA|VA) 3 $875,000 $291,667 $3,401 6.54%
    LEWISTON-AUBURN, ME (FHA|USDA|VA) 4 $860,000 $215,000 $3,522 6.15%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $850,000 $425,000 $4,064 6.50%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 3 $835,000 $278,333 $3,479 6.37%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 3 $815,000 $271,667 $3,819 6.46%
    BANGOR, ME (FHA|USDA|VA) 2 $780,000 $390,000 $3,367 6.81%
    Traverse City, MI (FHA|USDA|VA) 1 $765,000 $765,000 $4,518 6.88%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $760,000 $380,000 $3,776 6.88%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $725,000 $725,000 $4,905 7.38%
    NAPA, CA (FHA|USDA|VA) 1 $685,000 $685,000 $7,286 6.49%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $680,000 $340,000 $9,830 6.31%
    LYNCHBURG, VA (FHA|USDA|VA) 1 $675,000 $675,000 $0 6.88%
    Barre, VT (FHA|USDA|VA) 2 $670,000 $335,000 $5,098 6.44%
    GREELEY, CO (FHA|USDA|VA) 1 $665,000 $665,000 $3,677 6.13%
    Albertville, AL (FHA|USDA|VA) 1 $655,000 $655,000 $4,375 6.88%
    ROCHESTER, MN (FHA|USDA|VA) 1 $645,000 $645,000 $4,504 6.50%
    Rutland, VT (FHA|USDA|VA) 4 $640,000 $160,000 $0 6.97%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $635,000 $635,000 $5,960 6.62%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $625,000 $625,000 $5,301 6.62%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $615,000 $205,000 $0 6.91%
    Bozeman, MT (FHA|USDA|VA) 1 $585,000 $585,000 $5,343 6.49%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $580,000 $290,000 $4,851 6.38%
    FLORENCE, SC (FHA|USDA|VA) 1 $565,000 $565,000 $4,759 5.99%
    SANTA FE, NM (FHA|USDA|VA) 1 $565,000 $565,000 $4,972 5.99%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $565,000 $565,000 $8,168 6.38%
    FLAGSTAFF, AZ (FHA|USDA|VA) 1 $555,000 $555,000 $8,090 6.13%
    EL PASO, TX (FHA|USDA|VA) 1 $535,000 $535,000 $6,559 5.75%
    Hudson, NY (FHA|USDA|VA) 1 $535,000 $535,000 $0 6.88%
    HUNTSVILLE, AL (FHA|USDA|VA) 1 $525,000 $525,000 $10,875 5.38%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 3 $505,000 $168,333 $3,303 6.29%
    COLUMBIA, SC (FHA|USDA|VA) 2 $500,000 $250,000 $4,747 6.81%
    WILMINGTON, NC (FHA|USDA|VA) 2 $500,000 $250,000 $3,907 6.93%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $485,000 $485,000 $5,221 6.75%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $480,000 $240,000 $5,847 6.31%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $470,000 $235,000 $5,484 5.75%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $465,000 $465,000 $5,167 6.13%
    Seneca, SC (FHA|USDA|VA) 1 $445,000 $445,000 $4,552 5.88%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $435,000 $435,000 $5,687 6.25%
    JOHNSON CITY, TN (FHA|USDA|VA) 3 $425,000 $141,667 $0 7.33%
    Heber, UT (FHA|USDA|VA) 1 $425,000 $425,000 $3,508 7.25%
    Edwards, CO (FHA|USDA|VA) 1 $425,000 $425,000 $3,994 6.63%
    BOWLING GREEN, KY (FHA|USDA|VA) 1 $425,000 $425,000 $4,718 6.99%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $405,000 $135,000 $4,149 6.00%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $405,000 $405,000 $0 6.49%
    Sevierville, TN (FHA|USDA|VA) 1 $405,000 $405,000 $0 6.49%
    Glasgow, KY (FHA|USDA|VA) 1 $395,000 $395,000 $4,057 6.88%
    Boone, NC (FHA|USDA|VA) 1 $395,000 $395,000 $4,616 6.99%
    LAS CRUCES, NM (FHA|USDA|VA) 1 $385,000 $385,000 $4,544 6.50%
    DOVER, DE (FHA|USDA|VA) 1 $385,000 $385,000 $4,078 6.50%
    Georgetown, SC (FHA|USDA|VA) 1 $385,000 $385,000 $4,139 6.50%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $385,000 $385,000 $6,580 6.63%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 2 $380,000 $190,000 $5,261 6.94%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $370,000 $185,000 $0 7.18%
    Granbury, TX (FHA|USDA|VA) 1 $365,000 $365,000 $5,156 6.38%
    WENATCHEE, WA (FHA|USDA|VA) 1 $365,000 $365,000 $5,022 6.99%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $365,000 $365,000 $4,182 6.88%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $365,000 $365,000 $4,723 7.13%
    BATTLE CREEK, MI (FHA|USDA|VA) 1 $365,000 $365,000 $4,143 6.88%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $360,000 $180,000 $4,907 6.63%
    Shelby, NC (FHA|USDA|VA) 1 $355,000 $355,000 $4,400 6.25%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $355,000 $355,000 $0 6.49%
    PITTSBURGH, PA (FHA|USDA|VA) 2 $330,000 $165,000 $4,876 6.06%
    BOULDER, CO (FHA|USDA|VA) 2 $330,000 $165,000 $3,412 6.37%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $320,000 $160,000 $4,481 6.63%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $305,000 $305,000 $3,184 6.99%
    Athens, TX (FHA|USDA|VA) 1 $305,000 $305,000 $4,472 6.63%
    Danville, VA (FHA|USDA|VA) 2 $290,000 $145,000 $0 7.00%
    ALBUQUERQUE, NM (FHA|USDA|VA) 2 $290,000 $145,000 $4,787 5.99%
    Clewiston, FL (FHA|USDA|VA) 1 $265,000 $265,000 $3,918 7.13%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $255,000 $255,000 $4,527 7.38%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $255,000 $255,000 $0 6.13%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $255,000 $255,000 $6,318 6.00%
    POCATELLO, ID (FHA|USDA|VA) 1 $255,000 $255,000 $4,517 6.25%
    LOUISVILLE, KY (FHA|USDA|VA) 1 $235,000 $235,000 $3,459 6.88%
    FLINT, MI (FHA|USDA|VA) 1 $215,000 $215,000 $3,714 5.88%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $215,000 $215,000 $7,408 5.63%
    WACO, TX (FHA|USDA|VA) 1 $215,000 $215,000 $4,075 5.99%
    Berlin, NH (FHA|USDA|VA) 1 $205,000 $205,000 $0 6.49%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $195,000 $195,000 $3,214 6.63%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $185,000 $185,000 $0 7.13%
    NILES, MI (FHA|USDA|VA) 1 $175,000 $175,000 $5,193 5.99%
    ROCKFORD, IL (FHA|USDA|VA) 1 $165,000 $165,000 $5,574 6.38%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.49%
    Ogdensburg-Massena, NY (FHA|USDA|VA) 1 $135,000 $135,000 $7,155 7.38%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $135,000 $135,000 $0 7.13%
    LAWRENCE, KS (FHA|USDA|VA) 1 $125,000 $125,000 $4,388 5.50%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $125,000 $125,000 $4,073 6.13%
    GREENVILLE, NC (FHA|USDA|VA) 1 $115,000 $115,000 $0 7.49%
    SALT LAKE CITY, UT (FHA|USDA|VA) 1 $115,000 $115,000 $0 6.49%
    TEXARKANA, TX-AR (FHA|USDA|VA) 1 $105,000 $105,000 $4,012 6.75%
    VALLEJO, CA (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.49%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $105,000 $105,000 $4,829 6.75%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $105,000 $105,000 $3,309 6.00%
    GETTYSBURG, PA (FHA|USDA|VA) 1 $85,000 $85,000 $0 8.50%
    London, KY (FHA|USDA|VA) 1 $85,000 $85,000 $3,506 6.38%
    Jesup, GA (FHA|USDA|VA) 1 $55,000 $55,000 $3,179 6.99%
    Leader Bank's top markets include Boston, Worcester, Barnstable Town, Providence, and Manchester among others.

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

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,526 $2,525,070,000 $557,903 $4,999 6.47%
    HELOC 730 $136,830,000 $187,438 n/a 7.18%
    FHA 72 $35,870,000 $498,194 $13,438 6.14%
    VA 70 $41,910,000 $598,714 $8,045 6.07%

    For 2024, Leader Bank's most frequently originated type of loan was Conventional, with 4,526 originations. Their 2nd most popular type was HELOC, with 730 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 4,219 $2,316,335,000 $549,025 $5,367 6.50%
    Other 513 $102,235,000 $199,288 $3,936 7.06%
    Refi 413 $218,155,000 $528,220 $3,870 6.26%
    Cash Out Refi 212 $78,100,000 $368,396 $3,842 6.83%
    Home Improvement 41 $24,855,000 $606,220 $4,829 7.18%

    For 2024, Leader Bank's most frequently cited loan purpose was Home Purchase, with 4,219 originations. The 2nd most popular reason was Other, with 513 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,347 $2,407,245,000 $553,772 $5,240 6.47%
    Other 758 $166,210,000 $219,274 $3,599 7.18%
    15 Year 207 $98,535,000 $476,014 $4,488 5.92%
    20 Year 60 $30,580,000 $509,667 $4,230 6.20%
    10 Year 11 $6,935,000 $630,455 $3,591 6.50%
    1 Year 8 $2,760,000 $345,000 $0 10.09%
    5 Year 7 $27,415,000 $3,916,429 $0 8.08%

    For 2024, Leader Bank's most frequently cited loan duration was 30 Year, with 4,347 originations. The 2nd most popular length was Other, with 758 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 3,697 $2,086,775,000 $564,451
    $2k-3k 196 $92,520,000 $472,041
    $5k+ 107 $69,385,000 $648,458
    $3k-4k 76 $40,550,000 $533,553
    $<1k 55 $6,505,000 $118,273
    $4k-5k 38 $26,010,000 $684,474

    Leader Bank's average total fees were $5,240, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 3,697 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 3,649 $1,908,725,000 $523,082
    5-6% 789 $453,735,000 $575,076
    7-8% 730 $309,190,000 $423,548
    Over 8% 139 $42,965,000 $309,101
    4-5% 47 $20,235,000 $430,532
    <2.5% 36 $1,140,000 $31,667
    3-4% 6 $2,260,000 $376,667

    During 2024, Leader Bank's average interest rate for loans was 6.47%, while their most frequently originated rate bucket for loans was 6-7%, with 3,649 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $400k-600k 1,630 $807,530,000 $495,417 $5,067 6.49%
    $200k-400k 1,417 $431,325,000 $304,393 $4,425 6.59%
    $600k-1MM 1,333 $970,145,000 $727,791 $5,643 6.51%
    $100k-200k 407 $59,045,000 $145,074 $3,896 6.75%
    $1MM+ 320 $455,350,000 $1,422,969 $7,568 6.53%
    $100,000 or less 291 $16,285,000 $55,962 $2,323 6.71%

    2024 saw Leader Bank place emphasis on $400k-600k loans with 1,630 originations, totaling $807,530,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 1,829 $869,225,000 $475,246 $5,056 6.62%
    $250k+ 1,733 $1,157,935,000 $668,168 $5,891 6.65%
    $100k-150k 1,101 $440,855,000 $400,413 $4,887 6.49%
    $75k-100k 426 $128,670,000 $302,042 $4,690 6.18%
    $50k-75k 209 $48,595,000 $232,512 $4,239 6.03%
    $50k or less 39 $7,495,000 $192,179 $4,397 5.84%

    Leader Bank lent most frequently to those with incomes in the $150k-250k range, with 1,829 originations. The second most popular income band? $250k+, with 1,733 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,096 $516,020,000 $470,821 $4,953 6.52%
    30-36% 1,078 $536,620,000 $497,792 $5,097 6.58%
    39% 287 $147,885,000 $515,279 $5,130 6.55%
    <20% 285 $125,425,000 $440,088 $4,691 6.48%
    36% 245 $121,525,000 $496,020 $5,355 6.59%
    38% 245 $121,235,000 $494,837 $5,271 6.62%
    41% 242 $121,360,000 $501,488 $5,291 6.59%
    40% 232 $132,240,000 $570,000 $5,699 6.51%
    37% 230 $111,660,000 $485,478 $4,979 6.56%
    42% 218 $122,310,000 $561,055 $5,305 6.52%
    44% 194 $102,280,000 $527,216 $5,386 6.43%
    43% 194 $101,690,000 $524,175 $5,472 6.40%
    49% 188 $95,730,000 $509,202 $5,266 6.54%
    45% 152 $74,360,000 $489,211 $4,909 6.58%
    46% 144 $71,640,000 $497,500 $5,089 6.57%
    48% 137 $66,345,000 $484,270 $5,199 6.43%
    47% 131 $66,165,000 $505,076 $5,404 6.50%
    50-60% 30 $14,850,000 $495,000 $11,353 6.13%
    >60% 1 $55,000 $55,000 $0 7.49%

    Leader Bank lent most frequently to those with DTI ratios of 20-30%, with 1,096 originations. The next most common DTI ratio? 30-36%, with 1,078 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,443 $1,704,265,000 $494,994 $5,138 6.56%
    Asian 879 $476,825,000 $542,463 $5,089 6.52%
    Not provided 841 $398,995,000 $474,429 $5,372 6.58%
    Not applicable 60 $86,420,000 $1,440,333 $0 7.84%
    Black 156 $65,960,000 $422,821 $6,045 5.99%
    American Indian 17 $6,765,000 $397,941 $4,927 6.22%
    Native Hawaiian or Islander 2 $450,000 $225,000 $3,297 6.81%

    Approval Rates

    Total approvals of all applications
    97.44%

    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
    82.47%

    Leader Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 5,398 $2,739,680,000 $507,536

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    5,398 $2,739,680,000 $507,536

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 556 $172,480,000 $310,216 $4,248 6.59%
    40-60% 726 $369,060,000 $508,347 $4,670 6.48%
    60-80% 1,933 $1,173,275,000 $606,971 $5,053 6.58%
    80-100% 1,650 $956,460,000 $579,673 $5,693 6.45%
    Over 100% 7 $4,735,000 $676,429 $20,357 6.07%
    Under 20% 525 $63,185,000 $120,352 $3,026 6.86%