Profile Bank Mortgage Rates, Fees & Info

ROCHESTER, NH

LEI: 549300IAYBMO4VREUX25

Tax ID: 02-0237826

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

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Mortgage Data

Review & Overview

Profile Bank is a smaller bank specializing in Home Purchase loans. Profile Bank has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Laconia, and Portland among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

Profile 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

48

Origination Dollar Volume (All Markets)

$11,210,000

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) 25 $5,515,000 $220,600 $0 0.00%
Laconia, NH (FHA|USDA|VA) 7 $2,765,000 $395,000 $0 0.00%
Outside of Metro Areas 11 $1,975,000 $179,545 $0 0.00%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 5 $955,000 $191,000 $0 0.00%
Profile Bank's top markets include Boston, Laconia, and Portland among others.

Their top states include:
  • New Hampshire (FHA|USDA|VA)
  • Maine (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 48 $11,210,000 $233,542 $0 0.00%

    For 2023, Profile Bank's most frequently originated type of loan was Conventional, with 48 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 25 $7,595,000 $303,800 $0 0.00%
    Other 11 $1,185,000 $107,727 $0 0.00%
    Cash Out Refi 5 $1,115,000 $223,000 $0 0.00%
    Home Improvement 4 $280,000 $70,000 $0 0.00%
    Refi 3 $1,035,000 $345,000 $0 0.00%

    For 2023, Profile Bank's most frequently cited loan purpose was Home Purchase, with 25 originations. The 2nd most popular reason was Other, with 11 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 48 $11,210,000 $233,542 $0 0.00%

    For 2023, Profile Bank's most frequently cited loan duration was Other, with 48 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 19 $2,715,000 $142,895 $0 0.00%
    $200k-400k 13 $3,635,000 $279,615 $0 0.00%
    $100,000 or less 9 $375,000 $41,667 $0 0.00%
    $400k-600k 4 $1,900,000 $475,000 $0 0.00%
    $600k-1MM 2 $1,330,000 $665,000 $0 0.00%
    $1MM+ 1 $1,255,000 $1,255,000 $0 0.00%

    2023 saw Profile Bank place emphasis on $100k-200k loans with 19 originations, totaling $2,715,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 15 $3,125,000 $208,333 $0 0.00%
    $100k-150k 8 $1,280,000 $160,000 $0 0.00%
    $75k-100k 8 $1,070,000 $133,750 $0 0.00%
    $250k+ 6 $2,910,000 $485,000 $0 0.00%
    $50k-75k 4 $490,000 $122,500 $0 0.00%
    $50k or less 3 $315,000 $105,000 $0 0.00%

    Profile Bank lent most frequently to those with incomes in the $150k-250k range, with 15 originations. The second most popular income band? $100k-150k, with 8 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 48 $11,210,000 $233,542 $0 0.00%

    Profile Bank lent most frequently to those with DTI ratios of Exempt%, with 48 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 41 $8,525,000 $207,927 $0 0.00%
    Not applicable 3 $1,895,000 $631,667 $0 0.00%
    Not provided 4 $790,000 $197,500 $0 0.00%

    Approval Rates

    Total approvals of all applications
    70.37%

    Profile Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    87.50%

    Profile Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 48 $11,210,000 $233,542

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    48 $11,210,000 $233,542