Haverhill Bank Mortgage Rates, Fees & Info
Haverhill, MALEI: 549300T92XVMWQW75772
Tax ID: 04-1426920
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Haverhill Bank is a smaller bank specializing in Home Purchase loans. Haverhill Bank has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Manchester, Worcester, Concord, and Portland among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)Haverhill 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
174Origination Dollar Volume (All Markets)
$61,160,000Top 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) | 155 | $53,515,000 | $345,258 | $0 | 0.00% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 4 | $2,270,000 | $567,500 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $1,330,000 | $332,500 | $0 | 0.00% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 3 | $1,085,000 | $361,667 | $0 | 0.00% |
| Concord, NH (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $0 | 0.00% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $0 | 0.00% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| Laconia, NH (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| Lebanon, NH-VT (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 174 | $61,160,000 | $351,494 | $0 | 0.00% |
For 2022, Haverhill Bank's most frequently originated type of loan was Conventional, with 174 originations.
Loan Reason
For 2022, Haverhill Bank's most frequently cited loan purpose was Home Purchase, with 94 originations. The 2nd most popular reason was Cash Out Refi, with 39 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 174 | $61,160,000 | $351,494 | $0 | 0.00% |
For 2022, Haverhill Bank's most frequently cited loan duration was Other, with 174 originations.
Loan Sizing
2022 saw Haverhill Bank place emphasis on $200k-400k loans with 69 originations, totaling $19,235,000 in origination value.
Applicant Income
Haverhill Bank lent most frequently to those with incomes in the $100k-150k range, with 51 originations. The second most popular income band? $150k-250k, with 45 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 174 | $61,160,000 | $351,494 | $0 | 0.00% |
Haverhill Bank lent most frequently to those with DTI ratios of Exempt%, with 174 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.89%
Haverhill Bank has an average approval rate.
Pick Rate
Approvals leading to origination78.74%
Haverhill Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 174 | $61,160,000 | $351,494 |