Newburyport Five Cents Savings Bank Mortgage Rates, Fees & Info
Newburyport, MALEI: 549300JXG84BHZE66C26
Tax ID: 04-1669070
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Mortgage Data
Review & Overview
Newburyport Five Cents Savings Bank is a smaller bank specializing in Home Purchase and Refi loans. Newburyport Five Cents Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Keene, Vineyard Haven, Barnstable Town, and Portland among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)Newburyport Five Cents Savings 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.
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Originations
176Origination Dollar Volume (All Markets)
$117,410,000Top 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) | 152 | $90,780,000 | $597,237 | $0 | 0.00% |
| Keene, NH (FHA|USDA|VA) | 1 | $12,505,000 | $12,505,000 | $0 | 0.00% |
| Vineyard Haven, MA (FHA|USDA|VA) | 1 | $2,775,000 | $2,775,000 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $2,630,000 | $657,500 | $0 | 0.00% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 2 | $1,970,000 | $985,000 | $0 | 0.00% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 4 | $1,420,000 | $355,000 | $0 | 0.00% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 3 | $1,305,000 | $435,000 | $0 | 0.00% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 2 | $1,010,000 | $505,000 | $0 | 0.00% |
| Laconia, NH (FHA|USDA|VA) | 3 | $985,000 | $328,333 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $965,000 | $965,000 | $0 | 0.00% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $0 | 0.00% |
| Lebanon, NH-VT (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 176 | $117,410,000 | $667,102 | $0 | 0.00% |
For 2024, Newburyport Five Cents Savings Bank's most frequently originated type of loan was Conventional, with 176 originations.
Loan Reason
For 2024, Newburyport Five Cents Savings Bank's most frequently cited loan purpose was Home Purchase, with 113 originations. The 2nd most popular reason was Refi, with 21 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 176 | $117,410,000 | $667,102 | $0 | 0.00% |
For 2024, Newburyport Five Cents Savings Bank's most frequently cited loan duration was Other, with 176 originations.
Loan Sizing
2024 saw Newburyport Five Cents Savings Bank place emphasis on $400k-600k loans with 44 originations, totaling $21,440,000 in origination value.
Applicant Income
Newburyport Five Cents Savings Bank lent most frequently to those with incomes in the $150k-250k range, with 42 originations. The second most popular income band? $250k+, with 38 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 176 | $117,410,000 | $667,102 | $0 | 0.00% |
Newburyport Five Cents Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 176 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.59%
Newburyport Five Cents Savings Bank has an average approval rate.
Pick Rate
Approvals leading to origination86.93%
Newburyport Five Cents Savings Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 176 | $117,410,000 | $667,102 |