Boston Firefighters Mortgage Rates, Fees & Info

Boston, MA

LEI: 549300N16X2LRUQEUQ50

Tax ID: 04-2077206

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

Jump to:

Mortgage Data

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

    Boston Firefighters is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Boston Firefighters has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Barnstable Town, Lebanon, Laconia, and Providence among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Boston Firefighters 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.

    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.


    Originations

    32

    Origination Dollar Volume (All Markets)

    $17,660,000

    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) 27 $15,935,000 $590,185 $0 0.00%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $525,000 $525,000 $0 0.00%
    Lebanon, NH-VT (FHA|USDA|VA) 1 $345,000 $345,000 $0 0.00%
    Laconia, NH (FHA|USDA|VA) 1 $305,000 $305,000 $0 0.00%
    Outside of Metro Areas 1 $285,000 $285,000 $0 0.00%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
    Boston Firefighters's top markets include Boston, Barnstable Town, Lebanon, Laconia, and Providence among others.

    Their top states include:
  • Massachusetts (FHA|USDA|VA)
  • New Hampshire (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 32 $17,660,000 $551,875 $0 0.00%

    For 2024, Boston Firefighters's most frequently originated type of loan was Conventional, with 32 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 23 $12,405,000 $539,348 $0 0.00%
    Cash Out Refi 7 $4,385,000 $626,429 $0 0.00%
    Other 2 $870,000 $435,000 $0 0.00%

    For 2024, Boston Firefighters's most frequently cited loan purpose was Home Purchase, with 23 originations. The 2nd most popular reason was Cash Out Refi, with 7 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 32 $17,660,000 $551,875 $0 0.00%

    For 2024, Boston Firefighters's most frequently cited loan duration was Other, with 32 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $600k-1MM 13 $9,205,000 $708,077 $0 0.00%
    $200k-400k 9 $2,865,000 $318,333 $0 0.00%
    $400k-600k 6 $3,190,000 $531,667 $0 0.00%
    $100k-200k 2 $330,000 $165,000 $0 0.00%
    $1MM+ 2 $2,070,000 $1,035,000 $0 0.00%

    2024 saw Boston Firefighters place emphasis on $600k-1MM loans with 13 originations, totaling $9,205,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 17 $10,155,000 $597,353 $0 0.00%
    $250k+ 10 $5,930,000 $593,000 $0 0.00%
    $100k-150k 2 $710,000 $355,000 $0 0.00%
    $75k-100k 2 $690,000 $345,000 $0 0.00%
    $50k-75k 1 $175,000 $175,000 $0 0.00%

    Boston Firefighters lent most frequently to those with incomes in the $150k-250k range, with 17 originations. The second most popular income band? $250k+, with 10 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 32 $17,660,000 $551,875 $0 0.00%

    Boston Firefighters lent most frequently to those with DTI ratios of Exempt%, with 32 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 21 $11,945,000 $568,810 $0 0.00%
    Not provided 6 $2,940,000 $490,000 $0 0.00%
    Black 4 $2,360,000 $590,000 $0 0.00%
    American Indian 1 $415,000 $415,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.45%

    Boston Firefighters 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
    71.88%

    Boston Firefighters has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 32 $17,660,000 $551,875

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    32 $17,660,000 $551,875