St. Mary's Bank Mortgage Rates, Fees & Info

Manchester, NH

LEI: 549300YKOCNDPE0N7X40

Tax ID: 02-0187390

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

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

    St. Mary's Bank is a smaller bank specializing in Refi, Cash Out Refi, and Home Purchase loans. St. Mary's Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Manchester, Boston, Concord, Laconia, and Lebanon among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    St. Mary's 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. St. Mary's Bank 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
    Home Equity Line of Credit (HELOC) 5.84% 11/21/24
    30 Year Conventional Purchase 6.80% 11/21/24
    30 Year Conventional Refi 6.53% 11/21/24
    30 Year Cash-out Refi 6.78% 11/21/24
    15 Year Conventional Purchase 6.00% 11/21/24
    15 Year Conventional Refi 6.04% 11/21/24
    15 Year Cash-out Refi 6.04% 11/21/24
    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.

    St. Mary's Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from St. Mary's Bank. 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

    2,254

    Origination Dollar Volume (All Markets)

    $466,000,000
    Show all (5) 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
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1,217 $238,855,000 $196,265 $2,742 3.06%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 541 $125,575,000 $232,116 $3,009 3.03%
    Concord, NH (FHA|USDA|VA) 331 $66,395,000 $200,589 $2,954 3.05%
    Laconia, NH (FHA|USDA|VA) 67 $13,765,000 $205,448 $2,839 3.05%
    Lebanon, NH-VT (FHA|USDA|VA) 46 $9,060,000 $196,957 $3,571 3.06%
    Outside of Metro Areas 25 $6,895,000 $275,800 $4,407 2.98%
    Keene, NH (FHA|USDA|VA) 19 $4,265,000 $224,474 $2,818 3.25%
    Berlin, NH (FHA|USDA|VA) 8 $1,190,000 $148,750 $2,731 2.94%
    St. Mary's Bank's top markets include Manchester, Boston, Concord, Laconia, and Lebanon among others.

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

    • Similar Lenders

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

    Northfield Savings Bank
    Similarity Rank: 155
    Sharon & Crescent United Credit Union
    Similarity Rank: 335
    LUSO-AMERICAN CREDIT UNION
    Similarity Rank: 474
    VERMONT STATE EMPLOYEES
    Similarity Rank: 530
    Middlesex Savings Bank
    Similarity Rank: 672
    Bridgewater Savings Bank
    Similarity Rank: 672
    Union Bank
    Similarity Rank: 715
    ONE Credit Union
    Similarity Rank: 735
    East Boston Savings Bank
    Similarity Rank: 755
    Piscataqua Savings Bank
    Similarity Rank: 789

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,558 $391,850,000 $251,508 $2,849 3.08%
    HELOC 686 $70,750,000 $103,134 n/a 3.00%
    VA 8 $2,940,000 $367,500 $7,352 2.41%
    FHA 2 $460,000 $230,000 $6,734 2.25%

    For 2021, St. Mary's Bank's most frequently originated type of loan was Conventional, with 1,558 originations. Their 2nd most popular type was HELOC, with 686 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 770 $165,610,000 $215,078 $2,620 2.94%
    Cash Out Refi 560 $130,330,000 $232,732 $2,578 3.12%
    Home Purchase 402 $123,500,000 $307,214 $3,956 3.22%
    Home Improvement 369 $28,575,000 $77,439 $1,715 3.00%
    Other 153 $17,985,000 $117,549 $2,634 3.00%

    For 2021, St. Mary's Bank's most frequently cited loan purpose was Refi, with 770 originations. The 2nd most popular reason was Cash Out Refi, with 560 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 887 $122,175,000 $137,740 $2,847 3.01%
    30 Year 827 $220,505,000 $266,632 $3,129 3.22%
    15 Year 364 $69,930,000 $192,115 $1,627 2.81%
    10 Year 98 $16,770,000 $171,122 $1,096 2.69%
    30+ year 62 $32,430,000 $523,065 $9,720 3.30%
    Other 16 $4,190,000 $261,875 $3,792 2.92%

    For 2021, St. Mary's Bank's most frequently cited loan duration was 20 Year, with 887 originations. The 2nd most popular length was 30 Year, with 827 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,000 $227,530,000 $227,530
    $1k-2k 331 $94,145,000 $284,426
    $2k-3k 55 $18,685,000 $339,727
    $3k-4k 17 $5,295,000 $311,471
    $5k+ 14 $5,170,000 $369,286
    $4k-5k 9 $4,505,000 $500,556

    St. Mary's Bank's average total fees were $3,129, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,000 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 1,384 $231,760,000 $167,457
    3-4% 649 $180,365,000 $277,912
    <2.5% 161 $35,525,000 $220,652
    4-5% 57 $17,395,000 $305,175
    5-6% 3 $955,000 $318,333

    During 2021, St. Mary's Bank's average interest rate for loans was 3.22%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,384 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 796 $215,370,000 $270,565 $2,968 3.09%
    $100k-200k 724 $107,400,000 $148,343 $2,128 2.98%
    $100,000 or less 529 $30,915,000 $58,440 $1,329 3.02%
    $400k-600k 156 $73,880,000 $473,590 $4,978 3.18%
    $600k-1MM 41 $28,575,000 $696,951 $8,317 3.36%
    $1MM+ 8 $9,860,000 $1,232,500 $6,372 3.23%

    2021 saw St. Mary's Bank place emphasis on $200k-400k loans with 796 originations, totaling $215,370,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 595 $122,135,000 $205,269 $2,852 3.02%
    $50k-75k 459 $75,575,000 $164,651 $2,535 3.03%
    $150k-250k 433 $110,735,000 $255,739 $3,536 3.06%
    $75k-100k 406 $73,660,000 $181,429 $2,663 3.04%
    $50k or less 190 $22,070,000 $116,158 $2,388 3.06%
    $250k+ 107 $41,645,000 $389,206 $4,290 2.97%

    St. Mary's Bank lent most frequently to those with incomes in the $100k-150k range, with 595 originations. The second most popular income band? $50k-75k, with 459 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 548 $105,440,000 $192,409 $2,597 3.02%
    30-36% 413 $83,855,000 $203,039 $2,906 3.03%
    <20% 197 $37,055,000 $188,096 $2,532 2.95%
    50-60% 100 $12,340,000 $123,400 $3,036 3.00%
    41% 87 $20,585,000 $236,609 $3,158 2.97%
    38% 87 $19,015,000 $218,563 $3,552 3.04%
    42% 83 $16,955,000 $204,277 $2,682 3.06%
    39% 75 $18,455,000 $246,067 $3,173 3.00%
    40% 70 $15,140,000 $216,286 $2,844 3.12%
    44% 70 $15,270,000 $218,143 $2,925 3.16%
    37% 66 $14,200,000 $215,152 $3,213 3.02%
    36% 66 $12,880,000 $195,152 $2,890 3.01%
    43% 63 $14,135,000 $224,365 $2,327 3.11%
    48% 63 $11,905,000 $188,968 $4,102 3.11%
    49% 58 $13,850,000 $238,793 $3,774 3.10%
    45% 58 $13,660,000 $235,517 $3,130 3.16%
    47% 56 $12,890,000 $230,179 $3,045 3.05%
    46% 55 $12,145,000 $220,818 $2,721 3.12%
    >60% 8 $1,370,000 $171,250 $2,688 3.05%

    St. Mary's Bank lent most frequently to those with DTI ratios of 20-30%, with 548 originations. The next most common DTI ratio? 30-36%, with 413 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,945 $392,895,000 $202,003 $2,896 3.04%
    Not provided 206 $42,970,000 $208,592 $2,705 3.02%
    Not applicable 24 $11,560,000 $481,667 $0 4.15%
    Asian 42 $9,960,000 $237,143 $3,045 2.96%
    Black 23 $5,305,000 $230,652 $2,639 3.12%
    Other Asian 3 $1,145,000 $381,667 $3,935 3.25%
    American Indian 7 $1,125,000 $160,714 $2,488 3.32%
    Asian Indian 2 $470,000 $235,000 $3,285 3.00%
    Chinese 1 $405,000 $405,000 $3,242 3.25%
    Native Hawaiian or Islander 1 $165,000 $165,000 $2,815 3.13%

    Approval Rates

    Total approvals of all applications
    84.20%

    St. Mary's Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    79.19%

    St. Mary's Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,254 $466,000,000 $206,744

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,254 $466,000,000 $206,744

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 393 $50,495,000 $128,486 $1,592 2.94%
    40-60% 524 $104,270,000 $198,989 $2,323 2.90%
    60-80% 678 $194,890,000 $287,448 $3,055 3.21%
    80-100% 275 $95,235,000 $346,309 $4,451 3.17%
    Over 100% 1 $525,000 $525,000 $0 4.00%
    Under 20% 383 $20,585,000 $53,747 $1,218 2.99%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    21ST MORTGAGE CORP. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 5 8.1%
    21ST MORTGAGE CORP. Conventional home mortgage Closing on a mortgage 3 4.8%
    21ST MORTGAGE CORP. Conventional home mortgage Incorrect information on your report 1 1.6%
    21ST MORTGAGE CORP. Conventional home mortgage Struggling to pay mortgage 19 30.6%
    21ST MORTGAGE CORP. Conventional home mortgage Trouble during payment process 16 25.8%
    21ST MORTGAGE CORP. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 1.6%
    21ST MORTGAGE CORP. FHA mortgage Struggling to pay mortgage 3 4.8%
    21ST MORTGAGE CORP. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 3 4.8%
    21ST MORTGAGE CORP. Other type of mortgage Closing on a mortgage 1 1.6%
    21ST MORTGAGE CORP. Other type of mortgage Struggling to pay mortgage 7 11.3%
    21ST MORTGAGE CORP. Other type of mortgage Trouble during payment process 2 3.2%
    21ST MORTGAGE CORP. VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 1.6%