Boston Firefighters Mortgage Rates, Fees & Info
Boston, MALEI: 549300N16X2LRUQEUQ50
Tax ID: 04-2077206
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Boston Firefighters is a smaller mortgage company specializing in Home Purchase loans. Boston Firefighters has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Providence, and Barnstable Town among others. We have data for 3 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 an above average pick rate when compared to similar lenders.
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Originations
130Origination Dollar Volume (All Markets)
$72,110,000Top 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) | 124 | $69,560,000 | $560,968 | $0 | 0.00% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 3 | $1,575,000 | $525,000 | $0 | 0.00% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 130 | $72,110,000 | $554,692 | $0 | 0.00% |
For 2022, Boston Firefighters's most frequently originated type of loan was Conventional, with 130 originations.
Loan Reason
For 2022, Boston Firefighters's most frequently cited loan purpose was Home Purchase, with 100 originations. The 2nd most popular reason was Cash Out Refi, with 22 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 130 | $72,110,000 | $554,692 | $0 | 0.00% |
For 2022, Boston Firefighters's most frequently cited loan duration was Other, with 130 originations.
Loan Sizing
2022 saw Boston Firefighters place emphasis on $600k-1MM loans with 50 originations, totaling $35,970,000 in origination value.
Applicant Income
Boston Firefighters lent most frequently to those with incomes in the $150k-250k range, with 82 originations. The second most popular income band? $100k-150k, with 28 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 130 | $72,110,000 | $554,692 | $0 | 0.00% |
Boston Firefighters lent most frequently to those with DTI ratios of Exempt%, with 130 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.97%
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 origination93.85%
Boston Firefighters has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 130 | $72,110,000 | $554,692 |