Century Bank And Trust Company Mortgage Rates, Fees & InfoSomerville, MA
Tax ID: 04-6202762
Latest/2021 | 2020 Data | 2019 Data | 2018 Data
Review & OverviewCentury Bank And Trust Company is a smaller bank specializing in Refi and Home Purchase loans. Century Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Barnstable Town, Worcester, Vineyard Haven, and Providence among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)
Century Bank And Trust Company 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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Origination Dollar Volume (All Markets)$138,145,000
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)||336||$126,240,000||$375,714||$0||0.00%|
|BARNSTABLE TOWN, MA (FHA|USDA|VA)||13||$7,405,000||$569,615||$0||0.00%|
|WORCESTER, MA-CT (FHA|USDA|VA)||7||$1,825,000||$260,714||$0||0.00%|
|Vineyard Haven, MA (FHA|USDA|VA)||1||$1,245,000||$1,245,000||$0||0.00%|
|PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA)||3||$505,000||$168,333||$0||0.00%|
|MANCHESTER-NASHUA, NH (FHA|USDA|VA)||1||$455,000||$455,000||$0||0.00%|
|SPRINGFIELD, MA (FHA|USDA|VA)||1||$255,000||$255,000||$0||0.00%|
|Outside of Metro Areas||1||$215,000||$215,000||$0||0.00%|
Their top states include:
We use machine learning to identify the top lenders compared against Century Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2021, Century Bank And Trust Company's most frequently originated type of loan was Conventional, with 363 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2021, Century Bank And Trust Company's most frequently cited loan purpose was Refi, with 240 originations. The 2nd most popular reason was Home Improvement, with 60 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2021, Century Bank And Trust Company's most frequently cited loan duration was Other, with 363 originations.
2021 saw Century Bank And Trust Company place emphasis on $200k-400k loans with 120 originations, totaling $35,290,000 in origination value.
Century Bank And Trust Company lent most frequently to those with incomes in the $150k-250k range, with 94 originations. The second most popular income band? $250k+, with 83 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Century Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 363 originations.
Approval RatesTotal approvals of all applications
Century Bank And Trust Company has an average approval rate.
Pick RateApprovals leading to origination
Century Bank And Trust Company has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|
|Bank Name||Product||Issue||2021 CPFB Complaints||% of Total Issues|
|CENTURY MORTGAGE COMPANY||VA mortgage||Trouble during payment process||1||100.0%|
|Bank Name||Branch||Branch Type||Deposits (000's)|
|Century Bank and Trust Company||102 Fellsway W Somerville, MA 2145||Full Service B&M||$3,995,968|
|Century Bank and Trust Company||428 Rantoul Street Beverly, MA 1915||Full Service B&M||$33,113|
|Century Bank and Trust Company||437 Boylston Street Boston, MA 2116||Full Service B&M||$61,341|
|Century Bank and Trust Company||503 Riverside Avenue, Fellsway Plaza Medford, MA 2155||Full Service B&M||$45,869|
|Century Bank and Trust Company||522 Main Street Winchester, MA 1890||Full Service B&M||$47,434|
|Century Bank and Trust Company||651 Hancock Street Quincy, MA 2170||Full Service B&M||$84,319|
|Century Bank and Trust Company||703 Granite Street Braintree, MA 2184||Full Service B&M||$97,774|
|Century Bank and Trust Company||One Salem Street Medford, MA 2155||Full Service B&M||$76,285|
|Century Bank and Trust Company||210 Boylston Street Chestnut Hill, MA 2467||Full Service B&M||$118,005|
|Century Bank and Trust Company||2309 Massachusetts Avenue Cambridge, MA 2140||Full Service B&M||$146,288|
|Century Bank and Trust Company||24 Federal Street Boston, MA 2110||Full Service B&M||$85,392|
|Century Bank and Trust Company||258 Washington Street Wellesley, MA 2481||Full Service B&M||$54,487|
|Century Bank and Trust Company||275 Hanover Street Boston, MA 2113||Full Service B&M||$143,567|
|Century Bank and Trust Company||299 Mishawum Road Woburn, MA 1801||Full Service B&M||$56,992|
|Century Bank and Trust Company||300 Western Avenue Boston, MA 2134||Full Service B&M||$42,934|
|Century Bank and Trust Company||32 Langley Road Newton Center, MA 2459||Full Service B&M||$204,921|
|Century Bank and Trust Company||365 South Broadway Salem, NH 3079||Full Service B&M||$518|
|Century Bank and Trust Company||37 Central Street Salem, MA 1970||Full Service B&M||$46,120|
|Century Bank and Trust Company||400 Mystic Avenue Medford, MA 2155||Full Service B&M||$425,382|
|Century Bank and Trust Company||1184 Bolyston Street Chestnut Hill, MA 2467||Full Service B&M||$63,586|
|Century Bank and Trust Company||12 Peabody Square Peabody, MA 1960||Full Service B&M||$62,175|
|Century Bank and Trust Company||134 Cambridge Street Burlington, MA 1803||Full Service B&M||$87,586|
|Century Bank and Trust Company||1354 Beacon Street Brookline, MA 2446||Full Service B&M||$65,222|
|Century Bank and Trust Company||136 State Street Boston, MA 2110||Full Service B&M||$45,876|
|Century Bank and Trust Company||140 Ferry Street Malden, MA 2148||Full Service B&M||$86,635|
|Century Bank and Trust Company||15 Elm Street Andover, MA 1810||Full Service B&M||$40,511|
|Century Bank and Trust Company||1763 Revere Beach Parkway Everett, MA 2149||Full Service B&M||$101,069|
|Century Bank and Trust Company||2 State Street Lynn, MA 1901||Full Service B&M||$56,668|
For 2021, Century Bank And Trust Company had 28 branches.