Kittredge Mortgage Corporation Rates, Fees & Info

Manchester, VT

LEI: 549300WPR8SX263KW279

Tax ID: 03-0286025

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

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

    Kittredge Mortgage Corporation is a smaller mortgage company specializing in Home Purchase loans. Kittredge Mortgage Corporation has a high proportion of conventional loans. Their top markets by origination volume include: Bennington, Lebanon, Burlington, Barre, and Rutland among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Kittredge Mortgage Corporation 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. Kittredge Mortgage Corporation is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.10% 5/4/24
    30 Year Conventional Refi 6.68% 5/4/24
    30 Year Cash-out Refi 6.81% 5/4/24
    15 Year Conventional Refi 6.07% 5/4/24
    15 Year Cash-out Refi 6.07% 5/4/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Kittredge Mortgage Corporation Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Kittredge Mortgage Corporation. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    51

    Origination Dollar Volume (All Markets)

    $9,525,000

    Awards

    Kittredge Mortgage Corporation 30 Year Conventional Loans silver
    Show all (1) awards

    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
    Bennington, VT (FHA|USDA|VA) 17 $3,895,000 $229,118 $3,552 4.76%
    Outside of Metro Areas 18 $3,090,000 $171,667 $3,056 5.77%
    Lebanon, NH-VT (FHA|USDA|VA) 4 $750,000 $187,500 $3,469 3.88%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 4 $730,000 $182,500 $2,612 4.72%
    Barre, VT (FHA|USDA|VA) 3 $575,000 $191,667 $5,633 4.58%
    Rutland, VT (FHA|USDA|VA) 4 $360,000 $90,000 $2,301 4.72%
    UTICA-ROME, NY (FHA|USDA|VA) 1 $125,000 $125,000 $5,216 5.25%
    Kittredge Mortgage Corporation's top markets include Bennington, Lebanon, Burlington, Barre, and Rutland among others.

    Their top states include:
  • Vermont (FHA|USDA|VA)
  • New York (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Kittredge Mortgage Corporation based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    VERMONT STATE EMPLOYEES
    Similarity Rank: 36
    Kittredge Mortgage Corporation
    Similarity Rank: 49
    People's United Bank
    Similarity Rank: 172
    PRIMELENDING, A PLAINSCAPITAL COMPANY
    Similarity Rank: 1446
    Wells Fargo Bank
    Similarity Rank: 5514
    GUARANTEED RATE, INC.
    Similarity Rank: 5967
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION
    Similarity Rank: 9072
    QUICKEN LOANS, LLC
    Similarity Rank: 12992

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 51 $9,525,000 $186,765 $3,375 5.04%

    For 2018, Kittredge Mortgage Corporation's most frequently originated type of loan was Conventional, with 51 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 40 $7,850,000 $196,250 $3,658 5.17%
    Cash Out Refi 6 $940,000 $156,667 $2,585 4.90%
    Refi 5 $735,000 $147,000 $2,170 4.23%

    For 2018, Kittredge Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 40 originations. The 2nd most popular reason was Cash Out Refi, with 6 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 35 $7,245,000 $207,000 $3,110 4.96%
    15 Year 6 $810,000 $135,000 $4,231 5.13%
    5 Year 3 $795,000 $265,000 $5,975 5.20%
    Other 3 $275,000 $91,667 $3,669 4.67%
    10 Year 2 $190,000 $95,000 $1,706 3.75%
    20 Year 1 $105,000 $105,000 $3,085 5.50%
    1 Year 1 $105,000 $105,000 $4,796 10.00%

    For 2018, Kittredge Mortgage Corporation's most frequently cited loan duration was 30 Year, with 35 originations. The 2nd most popular length was 15 Year, with 6 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 27 $5,135,000 $190,185
    $1k-2k 12 $2,410,000 $200,833
    $2k-3k 8 $900,000 $112,500
    $5k+ 3 $875,000 $291,667

    Kittredge Mortgage Corporation's average total fees were $3,110, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 27 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 28 $6,190,000 $221,071
    5-6% 11 $1,735,000 $157,727
    3-4% 4 $610,000 $152,500
    7-8% 4 $500,000 $125,000
    Over 8% 1 $105,000 $105,000
    2.5-3% 1 $35,000 $35,000
    6-7% 1 $305,000 $305,000
    <2.5% 1 $45,000 $45,000

    During 2018, Kittredge Mortgage Corporation's average interest rate for loans was 4.96%, while their most frequently originated rate bucket for loans was 4-5%, with 28 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 26 $3,650,000 $140,385 $3,105 5.48%
    $200k-400k 18 $4,670,000 $259,444 $4,108 4.76%
    $100,000 or less 5 $335,000 $67,000 $2,182 3.90%
    $400k-600k 2 $870,000 $435,000 $4,003 4.75%

    2018 saw Kittredge Mortgage Corporation place emphasis on $100k-200k loans with 26 originations, totaling $3,650,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 13 $2,575,000 $198,077 $4,188 5.01%
    $50k-75k 10 $1,340,000 $134,000 $2,972 4.81%
    $250k+ 8 $2,230,000 $278,750 $3,659 4.81%
    $50k or less 8 $960,000 $120,000 $2,804 5.58%
    $75k-100k 8 $1,600,000 $200,000 $3,077 5.25%
    $150k-250k 4 $820,000 $205,000 $2,906 4.69%

    Kittredge Mortgage Corporation lent most frequently to those with incomes in the $100k-150k range, with 13 originations. The second most popular income band? $50k-75k, with 10 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 11 $2,315,000 $210,455 $3,198 4.90%
    30-36% 8 $1,470,000 $183,750 $3,766 4.31%
    38% 5 $885,000 $177,000 $3,180 4.85%
    43% 4 $700,000 $175,000 $2,754 4.47%
    36% 3 $565,000 $188,333 $3,612 7.17%
    >60% 3 $425,000 $141,667 $2,944 6.33%
    <20% 2 $210,000 $105,000 $3,178 4.44%
    37% 2 $320,000 $160,000 $2,701 4.69%
    40% 2 $630,000 $315,000 $6,475 4.61%
    41% 2 $170,000 $85,000 $1,795 4.44%
    47% 2 $540,000 $270,000 $3,143 4.81%
    45% 1 $125,000 $125,000 $5,216 5.25%
    46% 1 $335,000 $335,000 $4,150 4.88%
    42% 1 $255,000 $255,000 $2,971 4.50%
    48% 1 $95,000 $95,000 $3,901 7.50%
    49% 1 $215,000 $215,000 $2,403 4.13%
    44% 1 $165,000 $165,000 $3,417 5.88%

    Kittredge Mortgage Corporation lent most frequently to those with DTI ratios of 20-30%, with 11 originations. The next most common DTI ratio? 30-36%, with 8 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 48 $8,960,000 $186,667 $3,367 5.07%
    Not provided 2 $440,000 $220,000 $2,911 4.38%
    Not applicable 1 $125,000 $125,000 $4,667 5.00%

    Approval Rates

    Total approvals of all applications
    92.42%

    Kittredge Mortgage Corporation has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.27%

    Kittredge Mortgage Corporation has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 51 $9,525,000 $186,765

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 2 $210,000 $105,000
    Single Family (1-4 Units):Site-Built 49 $9,315,000 $190,102

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1 $105,000 $105,000 $2,242 4.75%
    40-60% 8 $1,410,000 $176,250 $3,321 5.27%
    60-80% 17 $3,405,000 $200,294 $3,232 4.41%
    80-100% 22 $4,030,000 $183,182 $3,243 5.52%
    Over 100% 2 $230,000 $115,000 $3,750 4.75%