Laconia Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Laconia averaged 6.94% for the week of 2025-06-26, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2025-06-18) was 7.08% and one month ago for the week of 2025-05-22, the average rate was 7.23%.

Laconia's average rate one year ago was 7.24%.

For refis of the same type during the week of 2025-06-26, the average rate was 6.97%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-06-26 6.77%
Laconia 30 Year Fixed Rate 2025-06-26 6.94%
Laconia 30 Year Fixed Rate Refi 2025-06-26 6.97%
Laconia 15 Year Fixed Rate 2025-06-26 5.69%
Laconia 15 Year Fixed Rate Refi 2025-06-26 5.79%
Laconia 30 Year FHA 2025-06-26 6.65%
Laconia 30 Year FHA Refi 2025-06-26 6.49%
Laconia 30 Year USDA 2025-06-26 6.46%
Laconia 30 Year USDA Refi 2025-06-26 6.36%
Laconia 30 Year VA 2025-06-26 6.79%
Laconia 30 Year VA Refi 2025-06-26 6.14%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Laconia, NH.

Laconia Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Laconia, NH market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
CMG MORTGAGE, INC. 51 7.07% $4,692
Meredith Village Savings Bank 45 7.63% $4,226
QUICKEN LOANS, LLC 44 6.60% $7,914
UNITED WHOLESALE MORTGAGE, LLC 43 7.19% $7,368
EMM LOANS LLC 21 6.99% $7,340
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 19 7.08% $6,751
GUILD MORTGAGE COMPANY 18 6.77% $6,260
CROSSCOUNTRY MORTGAGE, LLC 16 7.06% $6,888
MOVEMENT MORTGAGE, LLC 16 6.91% $6,650
EVERETT FINANCIAL, INC. 15 7.11% $9,016
GUARANTEED RATE, INC. 15 6.91% $5,272
HARBORONE MORTGAGE, LLC 12 6.99% $4,844
ENVOY MORTGAGE, LTD 11 6.92% $6,440
NAVY FEDERAL CREDIT UNION 11 6.35% $4,708
Citizens Bank 9 6.51% $6,952
Service Federal Credit Union 9 6.03% $2,895
Morgan Stanley Private Bank 9 6.15% $4,424
TD Bank 9 6.87% $3,360
ST. MARY'S BANK 9 7.04% $4,508
Merrimack County Savings Bank 9 6.83% $3,744
Bangor Savings Bank 8 6.38% $4,229
TOTAL MORTGAGE SERVICES, LLC 8 6.94% $9,434
GUARANTEED RATE AFFINITY, LLC 7 6.47% $2,988
NORTHEAST CREDIT UNION 7 6.66% $9,248
Bank of America 7 6.23% $6,294
LOANDEPOT.COM, LLC 7 6.68% $6,709
BAY EQUITY LLC 6 7.00% $5,527
SALEM FIVE MORTGAGE COMPANY, LLC 6 6.71% $5,486
NORTHPOINT MORTGAGE, INC. 6 6.56% $6,827
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 6 6.79% $7,115
M&T Bank 6 6.29% $7,476
UBS Bank USA 5 6.33% $8,637
Wells Fargo Bank 5 6.93% $5,015
Bar Harbor Bank & Trust 4 7.31% $5,199
Leader Bank 4 6.65% $3,806
Enterprise Bank and Trust Company 4 6.37% $5,948
Northpointe Bank 4 6.59% $4,821
USAA Federal Savings Bank 4 6.81% $5,034
Northway Bank 4 6.97% $4,081
American Mortgage & Equity Consultants, Inc. 4 6.88% $5,764
Rockland Trust Company 4 6.66% $4,264
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 7.25% $4,804
Granite State Credit Union 4 7.09% $3,158
Mr. Cooper ( Nationstar Mortgage ) 4 6.68% $10,972
JPMorgan Chase Bank 3 5.96% $7,284
RELIANCE FIRST CAPITAL, LLC 3 6.54% $8,471
Citibank 3 6.08% $7,118
Charles Schwab Bank, SSB 3 6.74% $4,049
NEWREZ LLC 3 6.46% $7,647
Sierra Pacific Mortgage Company, Inc. 3 7.13% $10,619
Berkshire Bank 3 7.00% $4,794
Keystone Funding, Inc. 3 6.75% $7,618
Holy Rosary Regional Credit Union 3 6.88% $4,368
MUTUAL OF OMAHA MORTGAGE, INC. 3 7.08% $9,832
PROPONENT Federal Credit Union 2 6.50% $3,805
AMERISAVE MORTGAGE CORPORATION 2 6.81% $5,931
DIGITAL Federal Credit Union 2 6.31% $3,488
Easthampton Savings Bank 2 6.38% $3,797
FBC MORTGAGE, LLC 2 7.63% $9,230
FIRST MORTGAGE COMPANY, INC. 2 6.88% $6,421
HARVARD UNIVERSITY EMPLOYEES 2 7.13% $4,261
LEADERONE FINANCIAL CORPORATION 2 7.06% $5,812
Mascoma Bank 2 6.81% $3,506
NBT Bank 2 5.75% $5,893
NexBank 2 6.94% $10,605
NORTHEAST HOME LOAN, LLC 2 6.93% $19,024
PENNYMAC LOAN SERVICES, LLC 2 7.31% $6,959
RADIUS FINANCIAL GROUP INC. 2 6.93% $4,953
Union Bank 2 7.38% $5,655
UNION HOME MORTGAGE CORP. 2 6.69% $8,084
U.S. Bank 2 6.81% $8,221
Waterstone Mortgage Corporation 2 7.25% $9,115
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.25% $8,788
FREEDOM MORTGAGE CORPORATION 1 6.88% $8,654
USAlliance Federal Credit Union 1 6.75% $6,103
NEW FED MORTGAGE, CORP. 1 7.13% $8,786
FIRST HOME MORTGAGE CORPORATION 1 6.99% $6,113
Workers Credit Union 1 7.13% $7,209
FIRST COLONY MORTGAGE CORPORATION 1 7.00% $3,490
ZILLOW HOME LOANS, LLC 1 7.13% $3,710
EMBRACE HOME LOANS, INC. 1 6.99% $5,168
Eastern Bank 1 6.50% $3,917
Discover Bank 1 7.69% $0
NORWICH COMMERCIAL GROUP, INC. 1 6.13% $3,516
OceanFirst Bank 1 5.63% $5,785
Webster Bank 1 7.25% $5,926
PHH Mortgage Corporation 1 6.50% $5,137
Plains Commerce Bank 1 6.63% $4,419
Deere Employees Credit Union 1 6.24% $3,677
A&D Mortgage LLC 1 6.88% $13,182
DEEPHAVEN MORTGAGE LLC 1 8.25% $13,609
Quontic Bank 1 9.63% $15,476
American Airlines Federal Credit Union 1 6.00% $0
Dedham Institution for Savings 1 6.63% $3,119
City National Bank 1 6.40% $4,335
CHURCHILL MORTGAGE CORPORATION 1 6.88% $9,457
Century Mortgage Company DBA Century Lending Company 1 6.13% $12,474
BROKER SOLUTIONS, INC. 1 6.38% $9,386
SIS BANCORP, MHC 1 8.50% $4,450
State Department Federal Credit Union 1 6.38% $5,936
BMO Harris Bank 1 6.50% $12,419
Bethpage Federal Credit Union 1 6.50% $3,686
BAYCOAST MORTGAGE COMPANY, LLC 1 7.50% $3,796
Barrington Bank & Trust Company, N.A. 1 6.49% $3,620
Westfield Bank 1 6.50% $3,786
WILLIAM RAVEIS MORTGAGE, LLC 1 6.63% $4,887
UNITED MORTGAGE CORP 1 7.50% $9,903
ARC HOME LLC 1 7.63% $8,552
AMERICAN FINANCIAL NETWORK, INC. 1 8.13% $9,392
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION 1 6.75% $3,652
LOGIX FEDERAL CREDIT UNION 1 6.38% $6,192
MERRIMACK VALLEY 1 6.50% $3,477
LENDSURE MORTGAGE CORP. 1 7.50% $23,228
MORTGAGE EQUITY PARTNERS LLC 1 7.38% $4,621
Mortgage Research Center, LLC 1 7.63% $5,058
LAKEVIEW LOAN SERVICING, LLC 1 6.88% $5,277
Jeanne D'Arc Credit Union 1 6.13% $3,274
Institution for Savings in Newburyport and Its Vicinity 1 6.38% $3,647

Laconia Average Closing Costs & Other Stats

Laconia, NH's 118 lenders originated 1,673 loans during 2024. The total origination value was $557,615,000, with an average loan value of $333,302.

Laconia's average closing costs are $4,937.

The top Laconia lender as defined by loan originations is CMG MORTGAGE, INC., with 51 loans originated. Their average total fees are $4,692, which is $467 higher than the next largest lender, Meredith Village Savings Bank.

The lowest fee Laconia lenders (with over 10 loans originated) are Meredith Village Savings Bank ($4,226), CMG MORTGAGE, INC. ($4,692), NAVY FEDERAL CREDIT UNION ($4,708), HARBORONE MORTGAGE, LLC ($4,844) and GUARANTEED RATE, INC. ($5,272).

The lowest rate Laconia lenders (with over 10 loans originated) are NAVY FEDERAL CREDIT UNION (6.35%), QUICKEN LOANS, LLC (6.60%), GUILD MORTGAGE COMPANY (6.77%), MOVEMENT MORTGAGE, LLC (6.91%) and GUARANTEED RATE, INC. (6.91%).

Laconia, NH Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
Meredith Village Savings Bank $75,155,000 $37,805,000 -49.7% 6.8%
CMG MORTGAGE, INC. $24,345,000 $35,335,000 45.1% 6.3%
Citizens Bank $32,230,000 $31,680,000 -1.7% 5.7%
UNITED WHOLESALE MORTGAGE, LLC $19,960,000 $27,400,000 37.3% 4.9%
QUICKEN LOANS, LLC $14,615,000 $24,390,000 66.9% 4.4%
Bank of New Hampshire $12,425,000 $15,365,000 23.7% 2.8%
ST. MARY'S BANK $16,200,000 $13,775,000 -15.0% 2.5%
EMM LOANS LLC $6,730,000 $12,425,000 84.6% 2.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $11,150,000 $11,850,000 6.3% 2.1%
GUILD MORTGAGE COMPANY $9,480,000 $11,435,000 20.6% 2.1%
EVERETT FINANCIAL, INC. $9,470,000 $10,505,000 10.9% 1.9%
UBS Bank USA $3,290,000 $10,355,000 214.7% 1.9%
TD Bank $11,685,000 $9,955,000 -14.8% 1.8%
CROSSCOUNTRY MORTGAGE, LLC $5,145,000 $9,540,000 85.4% 1.7%
GUARANTEED RATE, INC. $6,010,000 $8,495,000 41.3% 1.5%
HARBORONE MORTGAGE, LLC $8,120,000 $7,650,000 -5.8% 1.4%
Bank of America $12,955,000 $7,490,000 -42.2% 1.3%
Service Federal Credit Union $9,225,000 $7,425,000 -19.5% 1.3%
MOVEMENT MORTGAGE, LLC $6,135,000 $7,350,000 19.8% 1.3%
Franklin Savings Bank $12,220,000 $7,085,000 -42.0% 1.3%
NAVY FEDERAL CREDIT UNION $1,825,000 $7,070,000 287.4% 1.3%
Morgan Stanley Private Bank $6,120,000 $7,025,000 14.8% 1.3%
M&T Bank $2,160,000 $6,960,000 222.2% 1.2%
NORTHEAST CREDIT UNION $4,755,000 $6,495,000 36.6% 1.2%
LOANDEPOT.COM, LLC $3,800,000 $6,445,000 69.6% 1.2%
JPMorgan Chase Bank $10,125,000 $6,220,000 -38.6% 1.1%
Citibank $3,735,000 $6,095,000 63.2% 1.1%
Mortgage Research Center, LLC $6,415,000 $5,995,000 -6.5% 1.1%
Bangor Savings Bank $760,000 $5,855,000 670.4% 1.1%
Enterprise Bank and Trust Company $2,210,000 $5,325,000 141.0% 1.0%
Customers Bank $5,255,000 n/a 0.9%
Granite State Credit Union $5,410,000 $5,025,000 -7.1% 0.9%
Merrimack County Savings Bank $6,220,000 $4,990,000 -19.8% 0.9%
TOTAL MORTGAGE SERVICES, LLC $660,000 $4,970,000 653.0% 0.9%
GUARANTEED RATE AFFINITY, LLC $3,540,000 $4,680,000 32.2% 0.8%
FREEDOM MORTGAGE CORPORATION $1,955,000 $4,530,000 131.7% 0.8%
ENVOY MORTGAGE, LTD $2,210,000 $4,350,000 96.8% 0.8%
SALEM FIVE MORTGAGE COMPANY, LLC $5,015,000 $4,010,000 -20.0% 0.7%
Eastern Bank $3,050,000 $3,590,000 17.7% 0.6%
American Mortgage & Equity Consultants, Inc. $4,680,000 $3,540,000 -24.4% 0.6%
Holy Rosary Regional Credit Union $1,645,000 $3,290,000 100.0% 0.6%
USAA Federal Savings Bank $3,180,000 n/a 0.6%
Kennebunk Savings Bank $635,000 $3,110,000 389.8% 0.6%
PENNYMAC LOAN SERVICES, LLC $1,890,000 $3,090,000 63.5% 0.6%
AMERICAN FINANCIAL NETWORK, INC. $3,005,000 n/a 0.5%
NORTHPOINT MORTGAGE, INC. $2,395,000 $2,995,000 25.1% 0.5%
BMO Harris Bank $655,000 $2,805,000 328.2% 0.5%
NEWREZ LLC $515,000 $2,775,000 438.8% 0.5%
Northpointe Bank $1,330,000 $2,750,000 106.8% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $1,980,000 $2,720,000 37.4% 0.5%
MUTUAL OF OMAHA MORTGAGE, INC. $1,425,000 $2,615,000 83.5% 0.5%
BAY EQUITY LLC $165,000 $2,610,000 1,481.8% 0.5%
Easthampton Savings Bank $780,000 $2,570,000 229.5% 0.5%
Leader Bank $2,370,000 $2,560,000 8.0% 0.5%
SIS BANCORP, MHC $2,200,000 $2,410,000 9.5% 0.4%
NBT Bank $4,865,000 $2,210,000 -54.6% 0.4%
Bar Harbor Bank & Trust $5,690,000 $2,195,000 -61.4% 0.4%
PRIMELENDING, A PLAINSCAPITAL COMPANY $1,725,000 $2,170,000 25.8% 0.4%
HARVARD UNIVERSITY EMPLOYEES $2,115,000 n/a 0.4%
BROKER SOLUTIONS, INC. $1,880,000 $1,900,000 1.1% 0.3%
Haverhill Bank $715,000 $1,895,000 165.0% 0.3%
Keystone Funding, Inc. $1,055,000 $1,880,000 78.2% 0.3%
Waterstone Mortgage Corporation $1,300,000 $1,850,000 42.3% 0.3%
Northway Bank $10,020,000 $1,840,000 -81.6% 0.3%
AMERISAVE MORTGAGE CORPORATION $1,860,000 $1,790,000 -3.8% 0.3%
USAlliance Federal Credit Union $1,735,000 n/a 0.3%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $1,555,000 $1,710,000 10.0% 0.3%
Mascoma Bank $105,000 $1,710,000 1,528.6% 0.3%
LAKEVIEW LOAN SERVICING, LLC $805,000 $1,690,000 109.9% 0.3%
U.S. Bank $1,030,000 $1,670,000 62.1% 0.3%
Berkshire Bank $535,000 $1,565,000 192.5% 0.3%
The Lowell Five Cent Savings Bank $950,000 $1,525,000 60.5% 0.3%
Wells Fargo Bank $1,810,000 $1,505,000 -16.9% 0.3%
Bridgewater Savings Bank $1,495,000 n/a 0.3%
DIGITAL Federal Credit Union $1,630,000 $1,495,000 -8.3% 0.3%
Rockland Trust Company $2,975,000 $1,475,000 -50.4% 0.3%
Cornerstone First Mortgage, Inc $1,440,000 n/a 0.3%
Barrington Bank & Trust Company, N.A. $295,000 $1,425,000 383.1% 0.3%
PNC Bank $1,280,000 $1,405,000 9.8% 0.3%
Webster Bank $650,000 $1,365,000 110.0% 0.2%
NORTHEAST HOME LOAN, LLC $635,000 $1,325,000 108.7% 0.2%
PROPONENT Federal Credit Union $1,300,000 n/a 0.2%
Profile Bank $2,765,000 $1,270,000 -54.1% 0.2%
LENDSURE MORTGAGE CORP. $1,205,000 n/a 0.2%
Salem Co-Operative Bank $725,000 $1,205,000 66.2% 0.2%
Union Bank $155,000 $1,195,000 671.0% 0.2%
Workers Credit Union $1,150,000 n/a 0.2%
Figure Lending LLC $435,000 $1,135,000 160.9% 0.2%
Eagle Bank $1,085,000 n/a 0.2%
EMBRACE HOME LOANS, INC. $2,145,000 $1,085,000 -49.4% 0.2%
UNION HOME MORTGAGE CORP. $1,080,000 n/a 0.2%
MORTGAGE EQUITY PARTNERS LLC $395,000 $1,040,000 163.3% 0.2%
NexBank $1,030,000 n/a 0.2%
FIRST MORTGAGE COMPANY, INC. $245,000 $1,025,000 318.4% 0.2%
Sierra Pacific Mortgage Company, Inc. $1,005,000 n/a 0.2%
RADIUS FINANCIAL GROUP INC. $1,665,000 $1,000,000 -39.9% 0.2%
Newburyport Five Cents Savings Bank $1,355,000 $985,000 -27.3% 0.2%
Jeanne D'Arc Credit Union $1,975,000 $970,000 -50.9% 0.2%
State Department Federal Credit Union $385,000 $895,000 132.5% 0.2%
VILLAGE CAPITAL MORTGAGE $895,000 n/a 0.2%
Members First Credit Union N.H. $490,000 $875,000 78.6% 0.2%
RELIANCE FIRST CAPITAL, LLC $1,245,000 $870,000 -30.1% 0.2%
Triangle Credit Union $870,000 n/a 0.2%
PHH Mortgage Corporation $145,000 $845,000 482.8% 0.2%
LOGIX FEDERAL CREDIT UNION $1,115,000 $835,000 -25.1% 0.1%
FIRST COLONY MORTGAGE CORPORATION $780,000 n/a 0.1%
POLARIS HOME FUNDING CORP. $1,000,000 $755,000 -24.5% 0.1%
BELLWETHER COMMUNITY $2,265,000 $750,000 -66.9% 0.1%
NEW HAMPSHIRE $590,000 $740,000 25.4% 0.1%
Charles Schwab Bank, SSB $735,000 n/a 0.1%
NBKC BANK $445,000 $725,000 62.9% 0.1%
Carrington Mortgage Services, LLC $630,000 $695,000 10.3% 0.1%
Plains Commerce Bank $685,000 n/a 0.1%
FBC MORTGAGE, LLC $345,000 $640,000 85.5% 0.1%
LONGBRIDGE FINANCIAL, LLC $640,000 n/a 0.1%
Quontic Bank $625,000 n/a 0.1%
A&D Mortgage LLC $620,000 n/a 0.1%
Bethpage Federal Credit Union $865,000 $620,000 -28.3% 0.1%
FINANCE OF AMERICA REVERSE LLC $390,000 $590,000 51.3% 0.1%
City National Bank $755,000 $555,000 -26.5% 0.1%
American Airlines Federal Credit Union $255,000 $540,000 111.8% 0.1%
Discover Bank $785,000 $520,000 -33.8% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $1,395,000 $510,000 -63.4% 0.1%
Deere Employees Credit Union $25,000 $485,000 1,840.0% 0.1%
LEADERONE FINANCIAL CORPORATION $195,000 $480,000 146.2% 0.1%
Dedham Institution for Savings $475,000 n/a 0.1%
MERRIMACK VALLEY $270,000 $465,000 72.2% 0.1%
North Shore Bank, a Co-operative Bank $25,000 $465,000 1,760.0% 0.1%
WESTERLY COMMUNITY $205,000 $465,000 126.8% 0.1%
WILLIAM RAVEIS MORTGAGE, LLC $455,000 n/a 0.1%
Century Mortgage Company DBA Century Lending Company $445,000 n/a 0.1%
NEW FED MORTGAGE, CORP. $415,000 n/a 0.1%
PLANET HOME LENDING, LLC $540,000 $415,000 -23.1% 0.1%
DEEPHAVEN MORTGAGE LLC $405,000 n/a 0.1%
Flagstar Bank, FSB $1,135,000 $405,000 -64.3% 0.1%
Middlesex Savings Bank $405,000 n/a 0.1%
Westfield Bank $2,910,000 $405,000 -86.1% 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $395,000 n/a 0.1%
Washington Savings Bank $395,000 n/a 0.1%
MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION $375,000 n/a 0.1%
ARC HOME LLC $770,000 $365,000 -52.6% 0.1%
BAYCOAST MORTGAGE COMPANY, LLC $235,000 $365,000 55.3% 0.1%
OceanFirst Bank $365,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $590,000 $345,000 -41.5% 0.1%
FIRST COMMUNITY MORTGAGE, INC. $305,000 $335,000 9.8% 0.1%
Citadel Servicing Corporation $325,000 n/a 0.1%
Institution for Savings in Newburyport and Its Vicinity $325,000 n/a 0.1%
Secured Investment Corp. $315,000 n/a 0.1%
Coastal Community Bank $345,000 $310,000 -10.1% 0.1%
BOSTON FIREFIGHTERS $305,000 n/a 0.1%
CHEVRON $305,000 n/a 0.1%
ZILLOW HOME LOANS, LLC $525,000 $305,000 -41.9% 0.1%
CHURCHILL MORTGAGE CORPORATION $325,000 $295,000 -9.2% 0.1%
Third Federal Savings and Loan Association of Cleveland $295,000 n/a 0.1%
NATIONS RELIABLE LENDING, LLC $575,000 $285,000 -50.4% 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,380,000 $275,000 -80.1% 0.0%
Hometown Equity Mortgage, LLC $275,000 n/a 0.0%
NORWICH COMMERCIAL GROUP, INC. $275,000 n/a 0.0%
Magnolia Bank $265,000 n/a 0.0%
LIBERTY BAY CREDIT UNION $135,000 $255,000 88.9% 0.0%
The Camden National Bank $255,000 n/a 0.0%
OCEAN STATE CREDIT UNION $225,000 n/a 0.0%
PENTAGON FEDERAL CREDIT UNION $735,000 $205,000 -72.1% 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $205,000 n/a 0.0%
ADVANCIAL $195,000 n/a 0.0%
The Federal Savings Bank $1,680,000 $195,000 -88.4% 0.0%
UNITED MORTGAGE CORP $195,000 n/a 0.0%
FIRST HOME MORTGAGE CORPORATION $185,000 n/a 0.0%
SPRING EQ, LLC $65,000 $185,000 184.6% 0.0%
Everett Co-operative Bank $175,000 n/a 0.0%
QUORUM FEDERAL CREDIT UNION $115,000 n/a 0.0%
Salem Five Cents Savings Bank $105,000 $105,000 0.0% 0.0%
21ST MORTGAGE CORPORATION $325,000 $95,000 -70.8% 0.0%
METRO $780,000 $95,000 -87.8% 0.0%
City of Boston Credit Union $85,000 n/a 0.0%
ALIGN CREDIT UNION $130,000 $65,000 -50.0% 0.0%
BayCoast Bank $55,000 $55,000 0.0% 0.0%
Farm Credit East, ACA $55,000 n/a 0.0%
GREENWOOD $65,000 $55,000 -15.4% 0.0%
RESIDENTIAL BANCORP $55,000 n/a 0.0%
NESC $35,000 n/a 0.0%
The Loan Store, Inc. $35,000 n/a 0.0%
NEW ENGLAND FEDERAL CREDIT UNION $540,000 $25,000 -95.4% 0.0%

Laconia's top lender by overall market share is Meredith Village Savings Bank, with 6.8% market share. In second place, with 6.3%, is CMG MORTGAGE, INC., having originated $35,335,000 in loans. In third place, with 5.7%, is Citizens Bank, having originated $31,680,000 in loans. In fourth place, with 4.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $27,400,000 in loans. In fifth place, with 4.4%, is QUICKEN LOANS, LLC, having originated $24,390,000 in loans.

Laconia, NH Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 793 $347,925,000 $438,745
Cash Out Refi 254 $73,050,000 $287,598
Home Improvement 247 $39,665,000 $160,587
Other 224 $46,430,000 $207,277
Refi 155 $50,545,000 $326,097

Laconia's most frequently cited loan purpose was Home Purchase, with 793 originations. The 2nd most popular reason was Cash Out Refi, with 254 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 592 $242,180,000 $409,088
Over 8% 484 $88,830,000 $183,533
7-8% 366 $134,410,000 $367,240
5-6% 156 $69,250,000 $443,910
<2.5% 9 $95,000 $10,556
4-5% 7 $1,705,000 $243,571
2.5-3% 1 $155,000 $155,000

During 2024, Laconia's most frequently originated rate bucket was 6-7%, with 592 originations.

Loan Sizing (Laconia, NH MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 609 $178,795,000 $293,588
$100k-200k 329 $46,745,000 $142,082
$100,000 or less 309 $17,585,000 $56,909
$400k-600k 266 $127,410,000 $478,985
$600k-1000k 106 $77,490,000 $731,038
$Over $1MM 54 $109,590,000 $2,029,444

Laconia's loan sizing saw the bucket of loans from $200k-400k with 609 originations, totaling $178,795,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 379 $161,755,000 $426,794
60-80% 377 $172,235,000 $456,857
Under 20% 322 $27,470,000 $85,311
20-40% 306 $70,390,000 $230,033
40-60% 206 $89,920,000 $436,505
Over 100% 18 $8,710,000 $483,889

Laconia's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 379 originations, totaling $161,755,000 in origination value.