Lisbon Community Mortgage Rates, Fees & Info

Lisbon, ME

LEI: 549300HIQFQDTNNY6967

Tax ID: 01-0263578

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    Lisbon Community is a smaller mortgage company specializing in Home Improvement, Home Purchase, and Refi loans. Lisbon Community has a high proportion of conventional loans. Their top markets by origination volume include: Lewiston, Portland, Augusta, and Bangor among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Lisbon Community has an above average approval rate when compared to the average across all lenders. Lisbon Community 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.

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    Originations

    121

    Origination Dollar Volume (All Markets)

    $9,625,000

    Awards

    LISBON COMMUNITY 30 Year Conventional Loans gold LISBON COMMUNITY 30 Year Conventional Loans gold
    Show all (2) awards

    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
    LEWISTON-AUBURN, ME (FHA|USDA|VA) 97 $7,205,000 $74,278 $709 4.94%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 13 $1,055,000 $81,154 $937 4.48%
    Outside of Metro Areas 5 $1,005,000 $201,000 $737 4.37%
    Augusta-Waterville, ME (FHA|USDA|VA) 5 $275,000 $55,000 $545 5.36%
    BANGOR, ME (FHA|USDA|VA) 1 $85,000 $85,000 $513 5.50%
    Lisbon Community's top markets include Lewiston, Portland, Augusta, and Bangor among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against LISBON COMMUNITY based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    ATLANTIC REGIONAL FEDERAL CREDIT UNION
    Similarity Rank: 60
    FIVE COUNTY
    Similarity Rank: 64
    LISBON COMMUNITY
    Similarity Rank: 65
    Bangor Savings Bank
    Similarity Rank: 340
    TD Bank
    Similarity Rank: 432
    The Camden National Bank
    Similarity Rank: 578
    HARBORONE MORTGAGE, LLC
    Similarity Rank: 779
    Mortgage Network, Inc.
    Similarity Rank: 2288
    Mortgage Research Center, LLC
    Similarity Rank: 3608
    USAA Federal Savings Bank
    Similarity Rank: 3616

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 120 $9,560,000 $79,667 $724 4.88%
    HELOC 1 $65,000 $65,000 n/a 5.00%

    For 2018, Lisbon Community's most frequently originated type of loan was Conventional, with 120 originations. Their 2nd most popular type was HELOC, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 43 $2,855,000 $66,395 $455 4.86%
    Home Purchase 33 $2,565,000 $77,727 $931 5.35%
    Refi 25 $2,965,000 $118,600 $1,097 4.64%
    Cash Out Refi 11 $775,000 $70,455 $495 4.55%
    Other 9 $465,000 $51,667 $439 4.31%

    For 2018, Lisbon Community's most frequently cited loan purpose was Home Improvement, with 43 originations. The 2nd most popular reason was Home Purchase, with 33 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 39 $3,075,000 $78,846 $677 4.63%
    20 Year 22 $1,470,000 $66,818 $673 5.45%
    30 Year 19 $2,475,000 $130,263 $1,433 5.02%
    10 Year 18 $570,000 $31,667 $354 5.20%
    15 Year 14 $1,040,000 $74,286 $425 4.73%
    5 Year 8 $980,000 $122,500 $750 4.07%
    3 Year 1 $15,000 $15,000 $186 2.99%

    For 2018, Lisbon Community's most frequently cited loan duration was Other, with 39 originations. The 2nd most popular length was 20 Year, with 22 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 23 $2,105,000 $91,522

    Lisbon Community's average total fees were $1,433, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 23 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 48 $4,050,000 $84,375
    5-6% 40 $2,430,000 $60,750
    3-4% 20 $2,410,000 $120,500
    6-7% 7 $465,000 $66,429
    2.5-3% 1 $15,000 $15,000

    During 2018, Lisbon Community's average interest rate for loans was 5.02%, while their most frequently originated rate bucket for loans was 4-5%, with 48 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 92 $4,470,000 $48,587 $491 4.96%
    $100k-200k 21 $2,705,000 $128,810 $1,740 4.78%
    $200k-400k 7 $1,865,000 $266,429 $1,353 4.41%
    $400k-600k 1 $585,000 $585,000 $0 3.50%

    2018 saw Lisbon Community place emphasis on $100,000 or less loans with 92 originations, totaling $4,470,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 43 $2,435,000 $56,628 $698 5.02%
    $50k-75k 34 $2,050,000 $60,294 $608 4.77%
    $75k-100k 24 $2,320,000 $96,667 $661 5.11%
    $100k-150k 16 $1,970,000 $123,125 $1,169 4.58%
    $150k-250k 2 $220,000 $110,000 $223 4.50%
    $250k+ 2 $630,000 $315,000 $486 3.50%

    Lisbon Community lent most frequently to those with incomes in the $50k or less range, with 43 originations. The second most popular income band? $50k-75k, with 34 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 35 $2,515,000 $71,857 $731 4.84%
    30-36% 27 $2,065,000 $76,481 $896 5.00%
    <20% 16 $860,000 $53,750 $663 5.02%
    >60% 5 $625,000 $125,000 $1,031 4.50%
    39% 5 $395,000 $79,000 $771 5.19%
    38% 4 $690,000 $172,500 $407 4.57%
    50-60% 4 $290,000 $72,500 $774 4.19%
    37% 4 $280,000 $70,000 $681 5.49%
    36% 3 $235,000 $78,333 $400 4.08%
    43% 3 $135,000 $45,000 $470 5.44%
    48% 3 $175,000 $58,333 $376 5.23%
    40% 3 $315,000 $105,000 $529 5.82%
    45% 2 $380,000 $190,000 $284 5.19%
    44% 2 $280,000 $140,000 $186 3.63%
    46% 2 $50,000 $25,000 $342 5.00%
    41% 1 $55,000 $55,000 $1,028 4.50%
    42% 1 $165,000 $165,000 $1,931 3.50%

    Lisbon Community lent most frequently to those with DTI ratios of 20-30%, with 35 originations. The next most common DTI ratio? 30-36%, with 27 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 120 $9,520,000 $79,333 $724 4.89%
    Not provided 1 $105,000 $105,000 $0 4.25%

    Approval Rates

    Total approvals of all applications
    94.62%

    Lisbon Community has an average approval rate.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    1370.0 1 $155,000 $155,000
    2000.0 1 $365,000 $365,000
    250.0 1 $75,000 $75,000
    4143.25 1 $585,000 $585,000
    4688.0 1 $175,000 $175,000
    NA 116 $8,270,000 $71,293

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 32 $1,540,000 $48,125
    Single Family (1-4 Units):Site-Built 89 $8,085,000 $90,843

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 29 $1,585,000 $54,655 $517 4.57%
    40-60% 21 $1,515,000 $72,143 $739 4.91%
    60-80% 30 $4,350,000 $145,000 $1,284 4.78%
    80-100% 18 $1,560,000 $86,667 $948 5.28%
    Under 20% 21 $575,000 $27,381 $250 4.99%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Lewisfin.com, LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%