Lebanon Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Lebanon averaged
6.74%
for the week of 2024-11-07, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2024-10-31) was
6.57% and
one month ago for the week of 2024-10-03, the
average rate was 6.37%.
Lebanon's average rate one year ago was 7.61%.
For refis of the same type during the week of 2024-11-07, the average rate
was 7.39%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-07 | 6.79% |
| Lebanon 30 Year Fixed Rate | 2024-11-07 | 6.74% |
| Lebanon 30 Year Fixed Rate Refi | 2024-11-07 | 7.39% |
| Lebanon 15 Year Fixed Rate | 2024-11-07 | 6.33% |
| Lebanon 15 Year Fixed Rate Refi | 2024-11-07 | 6.4% |
| Lebanon 30 Year FHA | 2024-11-07 | 6.34% |
| Lebanon 30 Year FHA Refi | 2024-11-07 | 6.53% |
| Lebanon 30 Year USDA | 2024-11-07 | 6.38% |
| Lebanon 30 Year USDA Refi | 2024-11-07 | 6.48% |
| Lebanon 30 Year VA | 2024-11-07 | 6.39% |
| Lebanon 30 Year VA Refi | 2024-11-07 | 6.14% |
Lebanon 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 Lebanon, NH-VT 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.).
Lebanon Average Closing Costs & Other Stats
Lebanon, NH-VT's 166 lenders originated 3,920
loans during 2023. The total origination value was $1,060,780,000, with an average loan value of
$270,607.
Lebanon's average closing costs are $4,638.
The top Lebanon lender as defined by loan originations is Mascoma Bank, with
242 loans originated. Their average total fees are
$4,522, which is $793
lower than the next largest lender,
EMM LOANS LLC.
The lowest fee Lebanon lenders (with over 10 loans originated) are
Community Bank ($21), Northfield Savings Bank ($3,394), Bank of New Hampshire ($3,565), TD Bank ($3,671) and Meredith Village Savings Bank ($4,088).
The lowest rate Lebanon lenders (with over 10 loans originated) are
Morgan Stanley Private Bank (5.85%), Northfield Savings Bank (6.11%), Bank of America (6.24%), NORTHEAST CREDIT UNION (6.27%) and Bar Harbor Bank & Trust (6.34%).
Lebanon, NH-VT 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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| Mascoma Bank | $229,730,000 | $156,530,000 | -31.9% | 14.8% |
| EMM LOANS LLC | $43,455,000 | $56,915,000 | 31.0% | 5.4% |
| QUICKEN LOANS, LLC | $83,995,000 | $48,060,000 | -42.8% | 4.5% |
| Union Bank | $28,405,000 | $41,730,000 | 46.9% | 3.9% |
| Citizens Bank | $55,365,000 | $39,805,000 | -28.1% | 3.8% |
| Bar Harbor Bank & Trust | $51,310,000 | $34,685,000 | -32.4% | 3.3% |
| CMG MORTGAGE, INC. | $24,620,000 | $33,100,000 | 34.4% | 3.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $48,075,000 | $31,910,000 | -33.6% | 3.0% |
| WALKER & DUNLOP, LLC | $31,395,000 | n/a | 3.0% | |
| Meredith Village Savings Bank | $56,885,000 | $29,495,000 | -48.1% | 2.8% |
| JPMorgan Chase Bank | $15,285,000 | $23,050,000 | 50.8% | 2.2% |
| TD Bank | $14,790,000 | $22,055,000 | 49.1% | 2.1% |
| Service Federal Credit Union | $51,035,000 | $19,555,000 | -61.7% | 1.8% |
| Bank of America | $30,635,000 | $17,415,000 | -43.2% | 1.6% |
| NEW ENGLAND FEDERAL CREDIT UNION | $7,240,000 | $16,070,000 | 122.0% | 1.5% |
| GUILD MORTGAGE COMPANY | $16,170,000 | $15,860,000 | -1.9% | 1.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $17,545,000 | $15,510,000 | -11.6% | 1.5% |
| Franklin Savings Bank | $15,300,000 | $12,750,000 | -16.7% | 1.2% |
| MOVEMENT MORTGAGE, LLC | $9,490,000 | $11,335,000 | 19.4% | 1.1% |
| Mortgage Research Center, LLC | $18,460,000 | $11,205,000 | -39.3% | 1.1% |
| NAVY FEDERAL CREDIT UNION | $12,345,000 | $11,035,000 | -10.6% | 1.0% |
| GUARANTEED RATE, INC. | $13,120,000 | $10,415,000 | -20.6% | 1.0% |
| HARBORONE MORTGAGE, LLC | $17,445,000 | $9,825,000 | -43.7% | 0.9% |
| CROSSCOUNTRY MORTGAGE, LLC | $13,965,000 | $9,730,000 | -30.3% | 0.9% |
| Morgan Stanley Private Bank | $12,335,000 | $9,725,000 | -21.2% | 0.9% |
| Bank of New Hampshire | $15,075,000 | $9,395,000 | -37.7% | 0.9% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $12,305,000 | $9,100,000 | -26.0% | 0.9% |
| Berkshire Bank | $13,420,000 | $8,850,000 | -34.1% | 0.8% |
| NORTHEAST HOME LOAN, LLC | $6,005,000 | $8,425,000 | 40.3% | 0.8% |
| The National Bank of Middlebury | $1,145,000 | $8,265,000 | 621.8% | 0.8% |
| M&T Bank | $8,680,000 | $7,835,000 | -9.7% | 0.7% |
| Citibank | $14,840,000 | $7,545,000 | -49.2% | 0.7% |
| NORTHEAST CREDIT UNION | $11,840,000 | $7,390,000 | -37.6% | 0.7% |
| Leader Bank | $11,245,000 | $7,240,000 | -35.6% | 0.7% |
| LOANDEPOT.COM, LLC | $16,820,000 | $6,995,000 | -58.4% | 0.7% |
| MEMBERS ADVANTAGE COMMUNITY CREDIT UNION | $4,905,000 | $6,010,000 | 22.5% | 0.6% |
| Northway Bank | $26,900,000 | $5,940,000 | -77.9% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $9,315,000 | $5,755,000 | -38.2% | 0.5% |
| Wells Fargo Bank | $15,680,000 | $5,550,000 | -64.6% | 0.5% |
| Mr. Cooper ( Nationstar Mortgage ) | $10,550,000 | $5,385,000 | -49.0% | 0.5% |
| Community Bank | $4,075,000 | $5,255,000 | 29.0% | 0.5% |
| Main Street Bank | $6,560,000 | $5,095,000 | -22.3% | 0.5% |
| BNY Mellon | $2,755,000 | $5,035,000 | 82.8% | 0.5% |
| Northfield Savings Bank | $15,705,000 | $4,930,000 | -68.6% | 0.5% |
| Bangor Savings Bank | $4,910,000 | $4,245,000 | -13.5% | 0.4% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $8,340,000 | $4,165,000 | -50.1% | 0.4% |
| Community National Bank | $4,970,000 | $4,085,000 | -17.8% | 0.4% |
| ST. MARY'S BANK | $7,665,000 | $4,075,000 | -46.8% | 0.4% |
| USAA Federal Savings Bank | $4,070,000 | $3,960,000 | -2.7% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $11,715,000 | $3,930,000 | -66.5% | 0.4% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $2,570,000 | $3,885,000 | 51.2% | 0.4% |
| BROKER SOLUTIONS, INC. | $5,030,000 | $3,750,000 | -25.4% | 0.4% |
| ACADEMY MORTGAGE CORPORATION | $4,590,000 | $3,605,000 | -21.5% | 0.3% |
| NORTH COUNTRY | $5,435,000 | $3,605,000 | -33.7% | 0.3% |
| FineMark National Bank & Trust | $3,585,000 | n/a | 0.3% | |
| First Republic Bank | $8,595,000 | $3,520,000 | -59.0% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,360,000 | $3,320,000 | 144.1% | 0.3% |
| Eastern Bank | $4,665,000 | $3,225,000 | -30.9% | 0.3% |
| NBT Bank | $315,000 | $3,225,000 | 923.8% | 0.3% |
| PNC Bank | $2,215,000 | $3,175,000 | 43.3% | 0.3% |
| FREEDOM MORTGAGE CORPORATION | $8,195,000 | $3,065,000 | -62.6% | 0.3% |
| Vermont Federal Credit Union | $2,425,000 | $2,855,000 | 17.7% | 0.3% |
| EVERETT FINANCIAL, INC. | $4,395,000 | $2,745,000 | -37.5% | 0.3% |
| PENTAGON FEDERAL CREDIT UNION | $1,380,000 | $2,730,000 | 97.8% | 0.3% |
| ONE Credit Union | $4,605,000 | $2,650,000 | -42.5% | 0.2% |
| American Mortgage & Equity Consultants, Inc. | $1,455,000 | $2,630,000 | 80.8% | 0.2% |
| Waterstone Mortgage Corporation | $880,000 | $2,590,000 | 194.3% | 0.2% |
| Advisors Mortgage Group, L.L.C. | $3,585,000 | $2,525,000 | -29.6% | 0.2% |
| Easthampton Savings Bank | $2,515,000 | n/a | 0.2% | |
| First-Citizens Bank & Trust Company | $2,145,000 | n/a | 0.2% | |
| EMBRACE HOME LOANS, INC. | $5,130,000 | $2,120,000 | -58.7% | 0.2% |
| The Federal Savings Bank | $480,000 | $2,095,000 | 336.5% | 0.2% |
| Cambridge Trust Company | $3,925,000 | $2,085,000 | -46.9% | 0.2% |
| Fifth Third Bank | $205,000 | $2,005,000 | 878.0% | 0.2% |
| The Huntington National Bank | $1,240,000 | $1,975,000 | 59.3% | 0.2% |
| Rockland Trust Company | $1,180,000 | $1,855,000 | 57.2% | 0.2% |
| WILLIAM RAVEIS MORTGAGE, LLC | $1,305,000 | $1,845,000 | 41.4% | 0.2% |
| CIBM Bank | $1,835,000 | n/a | 0.2% | |
| Adams Community Bank | $1,755,000 | n/a | 0.2% | |
| HANSCOM | $1,040,000 | $1,725,000 | 65.9% | 0.2% |
| Goldman Sachs Bank USA | $4,800,000 | $1,715,000 | -64.3% | 0.2% |
| GUARANTEED RATE AFFINITY, LLC | $2,320,000 | $1,705,000 | -26.5% | 0.2% |
| SALEM FIVE MORTGAGE COMPANY, LLC | $2,465,000 | $1,705,000 | -30.8% | 0.2% |
| CHURCHILL MORTGAGE CORPORATION | $450,000 | $1,680,000 | 273.3% | 0.2% |
| NORWICH COMMERCIAL GROUP, INC. | $225,000 | $1,665,000 | 640.0% | 0.2% |
| U.S. Bank | $11,925,000 | $1,660,000 | -86.1% | 0.2% |
| NORTHPOINT MORTGAGE, INC. | $1,435,000 | $1,645,000 | 14.6% | 0.2% |
| Carrington Mortgage Services, LLC | $1,810,000 | $1,610,000 | -11.0% | 0.2% |
| TOTAL MORTGAGE SERVICES, LLC | $2,075,000 | $1,590,000 | -23.4% | 0.1% |
| Jeanne D'Arc Credit Union | $2,335,000 | $1,580,000 | -32.3% | 0.1% |
| Home Loan Investment Bank, F.S.B. | $325,000 | $1,515,000 | 366.2% | 0.1% |
| DIGITAL Federal Credit Union | $3,090,000 | $1,495,000 | -51.6% | 0.1% |
| Farm Credit East, ACA | $760,000 | $1,485,000 | 95.4% | 0.1% |
| Flagstar Bank, FSB | $255,000 | $1,470,000 | 476.5% | 0.1% |
| Monson Savings Bank | $345,000 | $1,445,000 | 318.8% | 0.1% |
| NBKC BANK | $2,515,000 | $1,435,000 | -42.9% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $2,615,000 | $1,430,000 | -45.3% | 0.1% |
| Charles Schwab Bank, SSB | $3,585,000 | $1,420,000 | -60.4% | 0.1% |
| Granite State Credit Union | $2,315,000 | $1,370,000 | -40.8% | 0.1% |
| Enterprise Bank and Trust Company | $1,695,000 | $1,335,000 | -21.2% | 0.1% |
| Discover Bank | $1,070,000 | $1,330,000 | 24.3% | 0.1% |
| North Shore Bank, a Co-operative Bank | $540,000 | $1,170,000 | 116.7% | 0.1% |
| First Federal Bank | $305,000 | $1,150,000 | 277.0% | 0.1% |
| Figure Lending LLC | $405,000 | $1,135,000 | 180.2% | 0.1% |
| Bridgewater Savings Bank | $1,110,000 | n/a | 0.1% | |
| ZILLOW HOME LOANS, LLC | $490,000 | $1,110,000 | 126.5% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $2,445,000 | $1,095,000 | -55.2% | 0.1% |
| Keystone Funding, Inc. | $1,085,000 | n/a | 0.1% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $1,065,000 | n/a | 0.1% | |
| Needham Bank | $1,050,000 | n/a | 0.1% | |
| Northpointe Bank | $2,315,000 | $975,000 | -57.9% | 0.1% |
| The Washington Trust Company, of Westerly | $770,000 | $975,000 | 26.6% | 0.1% |
| Farmers Bank & Trust | $970,000 | n/a | 0.1% | |
| Merrimack County Savings Bank | $5,540,000 | $960,000 | -82.7% | 0.1% |
| UBS Bank USA | $4,090,000 | $955,000 | -76.7% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $1,545,000 | $940,000 | -39.2% | 0.1% |
| Stifel Bank and Trust | $520,000 | $935,000 | 79.8% | 0.1% |
| ARC HOME LLC | $465,000 | $920,000 | 97.8% | 0.1% |
| WASHINGTON TRUST MORTGAGE COMPANY LLC | $1,640,000 | $910,000 | -44.5% | 0.1% |
| NEWREZ LLC | $3,605,000 | $900,000 | -75.0% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,990,000 | $895,000 | -55.0% | 0.1% |
| Martha's Vineyard Savings Bank | $895,000 | n/a | 0.1% | |
| MORTGAGE EQUITY PARTNERS LLC | $165,000 | $895,000 | 442.4% | 0.1% |
| Workers Credit Union | $1,820,000 | $895,000 | -50.8% | 0.1% |
| Armed Forces Bank | $605,000 | $890,000 | 47.1% | 0.1% |
| Ally Bank | $940,000 | $875,000 | -6.9% | 0.1% |
| NEW DAY FINANCIAL, LLC | $1,240,000 | $875,000 | -29.4% | 0.1% |
| Navigant Credit Union | $255,000 | $805,000 | 215.7% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $790,000 | n/a | 0.1% | |
| Montgomery Bank | $305,000 | $785,000 | 157.4% | 0.1% |
| BELLWETHER COMMUNITY | $3,245,000 | $780,000 | -76.0% | 0.1% |
| Newburyport Five Cents Savings Bank | $770,000 | n/a | 0.1% | |
| Evolve Bank & Trust | $1,355,000 | $755,000 | -44.3% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $750,000 | n/a | 0.1% | |
| First Savings Bank | $340,000 | $725,000 | 113.2% | 0.1% |
| Hancock Whitney Bank | $725,000 | n/a | 0.1% | |
| FBC MORTGAGE, LLC | $720,000 | n/a | 0.1% | |
| Bank of England | $750,000 | $715,000 | -4.7% | 0.1% |
| MEMBERS MORTGAGE COMPANY, INC. | $710,000 | n/a | 0.1% | |
| Hometown Equity Mortgage, LLC | $685,000 | n/a | 0.1% | |
| BAYCOAST MORTGAGE COMPANY, LLC | $2,080,000 | $680,000 | -67.3% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $2,385,000 | $680,000 | -71.5% | 0.1% |
| 21ST MORTGAGE CORPORATION | $2,015,000 | $675,000 | -66.5% | 0.1% |
| ENVOY MORTGAGE, LTD | $2,535,000 | $675,000 | -73.4% | 0.1% |
| BETTER MORTGAGE CORPORATION | $2,855,000 | $670,000 | -76.5% | 0.1% |
| StonehamBank, A Co-operative Bank | $665,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $495,000 | $645,000 | 30.3% | 0.1% |
| NJ LENDERS CORP. | $645,000 | n/a | 0.1% | |
| HARVARD UNIVERSITY EMPLOYEES | $285,000 | $630,000 | 121.1% | 0.1% |
| Salem Co-Operative Bank | $1,495,000 | $615,000 | -58.9% | 0.1% |
| Colonial Savings, F.A. | $1,135,000 | $610,000 | -46.3% | 0.1% |
| KeyBank | $6,390,000 | $600,000 | -90.6% | 0.1% |
| Salem Five Cents Savings Bank | $485,000 | $595,000 | 22.7% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $955,000 | $590,000 | -38.2% | 0.1% |
| Firstrust Savings Bank | $145,000 | $590,000 | 306.9% | 0.1% |
| LIMA ONE CAPITAL, LLC | $585,000 | n/a | 0.1% | |
| Quontic Bank | $350,000 | $580,000 | 65.7% | 0.1% |
| NEW FED MORTGAGE, CORP. | $1,820,000 | $560,000 | -69.2% | 0.1% |
| City National Bank | $5,735,000 | $545,000 | -90.5% | 0.1% |
| POLARIS HOME FUNDING CORP. | $540,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $920,000 | $520,000 | -43.5% | 0.0% |
| The Camden National Bank | $2,805,000 | $500,000 | -82.2% | 0.0% |
| HOMESTEAD FUNDING CORP. | $600,000 | $495,000 | -17.5% | 0.0% |
| Nations Lending Corporation | $770,000 | $485,000 | -37.0% | 0.0% |
| NexBank | $485,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $235,000 | $475,000 | 102.1% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $465,000 | n/a | 0.0% | |
| Fall River Five Cents Savings Bank | $165,000 | $465,000 | 181.8% | 0.0% |
| Bank-Fund Staff Federal Credit Union | $455,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $440,000 | $455,000 | 3.4% | 0.0% |
| Bethpage Federal Credit Union | $845,000 | $440,000 | -47.9% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $65,000 | $440,000 | 576.9% | 0.0% |
| Lakeland Bank | $435,000 | n/a | 0.0% | |
| NEXERA HOLDING LLC | $685,000 | $435,000 | -36.5% | 0.0% |
| AMERICAN FINANCING CORPORATION | $700,000 | $420,000 | -40.0% | 0.0% |
| FIRST HOME MORTGAGE CORPORATION | $325,000 | $415,000 | 27.7% | 0.0% |
| Holy Rosary Regional Credit Union | $415,000 | n/a | 0.0% | |
| Plains Commerce Bank | $415,000 | n/a | 0.0% | |
| ABSOLUTE HOME MORTGAGE CORPORATION | $405,000 | n/a | 0.0% | |
| Chelsea Groton Bank | $405,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $1,325,000 | $405,000 | -69.4% | 0.0% |
| SUMMIT FUNDING, INC. | $395,000 | n/a | 0.0% | |
| Prosperity Home Mortgage, LLC | $315,000 | $385,000 | 22.2% | 0.0% |
| RBC Bank, (Georgia) | $350,000 | $385,000 | 10.0% | 0.0% |
| RADIUS FINANCIAL GROUP INC. | $1,385,000 | $380,000 | -72.6% | 0.0% |
| Coastal Community Bank | $355,000 | n/a | 0.0% | |
| SCIENT Federal Credit Union | $355,000 | n/a | 0.0% | |
| AMERITRUST MORTGAGE CORPORATION | $345,000 | n/a | 0.0% | |
| US MORTGAGE CORPORATION | $205,000 | $335,000 | 63.4% | 0.0% |
| BAY EQUITY LLC | $365,000 | $325,000 | -11.0% | 0.0% |
| ENCORE BANK | $325,000 | n/a | 0.0% | |
| First National Bank of America | $85,000 | $325,000 | 282.4% | 0.0% |
| MLD MORTGAGE INC. | $325,000 | n/a | 0.0% | |
| SIS BANCORP, MHC | $1,290,000 | $325,000 | -74.8% | 0.0% |
| GENEVA FINANCIAL, LLC | $305,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $305,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $400,000 | $305,000 | -23.8% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $155,000 | $300,000 | 93.5% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $255,000 | $295,000 | 15.7% | 0.0% |
| The Provident Bank | $295,000 | n/a | 0.0% | |
| Winchester Co-operative Bank | $415,000 | $295,000 | -28.9% | 0.0% |
| USAlliance Federal Credit Union | $290,000 | n/a | 0.0% | |
| BOKF | $285,000 | n/a | 0.0% | |
| BOSTON FIREFIGHTERS | $275,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $240,000 | $265,000 | 10.4% | 0.0% |
| Fidelity Co-operative Bank | $265,000 | n/a | 0.0% | |
| HUNT MORTGAGE CORPORATION | $265,000 | n/a | 0.0% | |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $265,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $1,160,000 | $260,000 | -77.6% | 0.0% |
| AmeriHome Mortgage Company, LLC | $255,000 | n/a | 0.0% | |
| Chemung Canal Trust Company | $255,000 | n/a | 0.0% | |
| Reading Co-Operative Bank | $255,000 | n/a | 0.0% | |
| BankNewport | $155,000 | $245,000 | 58.1% | 0.0% |
| EQUITY RESOURCES, INC. | $225,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $1,105,000 | $225,000 | -79.6% | 0.0% |
| GREENWOOD | $35,000 | $220,000 | 528.6% | 0.0% |
| South Shore Bank | $385,000 | $205,000 | -46.8% | 0.0% |
| The Lowell Five Cent Savings Bank | $510,000 | $205,000 | -59.8% | 0.0% |
| Wyndham Capital Mortgage, Inc. | $2,030,000 | $205,000 | -89.9% | 0.0% |
| Abbott Laboratories Employees Credit Union | $185,000 | n/a | 0.0% | |
| Semper Home Loans, Inc. | $175,000 | n/a | 0.0% | |
| Washington Savings Bank | $215,000 | $175,000 | -18.6% | 0.0% |
| CENTRAL ONE FEDERAL CREDIT UNION | $980,000 | $165,000 | -83.2% | 0.0% |
| LENDSURE MORTGAGE CORP. | $205,000 | $165,000 | -19.5% | 0.0% |
| GENISYS | $155,000 | n/a | 0.0% | |
| MEMBER FIRST MORTGAGE, LLC | $485,000 | $155,000 | -68.0% | 0.0% |
| OAKTREE FUNDING CORP. | $155,000 | n/a | 0.0% | |
| Signature Federal Credit Union | $155,000 | n/a | 0.0% | |
| MASSMUTUAL | $135,000 | n/a | 0.0% | |
| PeoplesBank | $135,000 | n/a | 0.0% | |
| TEACHERS | $125,000 | n/a | 0.0% | |
| Southern Mass Credit Union | $135,000 | $115,000 | -14.8% | 0.0% |
| 1ST 2ND MORTGAGE COMPANY OF N.J., INC. | $105,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $105,000 | $105,000 | 0.0% | 0.0% |
| FirstBank | $95,000 | n/a | 0.0% | |
| NEW HAMPSHIRE | $150,000 | $90,000 | -40.0% | 0.0% |
| MERRIMACK VALLEY | $325,000 | $65,000 | -80.0% | 0.0% |
| Deere Employees Credit Union | $125,000 | $45,000 | -64.0% | 0.0% |
Lebanon's top lender by overall market share is Mascoma Bank, with 14.8% market share. In second place, with 5.4%, is EMM LOANS LLC, having originated $56,915,000 in loans. In third place, with 4.5%, is QUICKEN LOANS, LLC, having originated $48,060,000 in loans. In fourth place, with 3.9%, is Union Bank, having originated $41,730,000 in loans. In fifth place, with 3.8%, is Citizens Bank, having originated $39,805,000 in loans.
Lebanon, NH-VT Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,102 | $724,840,000 | $344,833 |
| Home Improvement | 617 | $66,515,000 | $107,804 |
| Cash Out Refi | 497 | $99,965,000 | $201,137 |
| Other | 399 | $68,105,000 | $170,689 |
| Refi | 305 | $101,355,000 | $332,311 |
Lebanon's most frequently cited loan purpose was Home Purchase, with 2,102 originations. The 2nd most popular reason was Home Improvement, with 617 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1,516 | $444,680,000 | $293,325 |
| 7-8% | 1,066 | $260,790,000 | $244,644 |
| 5-6% | 562 | $198,630,000 | $353,434 |
| Over 8% | 433 | $71,435,000 | $164,977 |
| 3-4% | 135 | $18,915,000 | $140,111 |
| 4-5% | 57 | $30,445,000 | $534,123 |
| 2.5-3% | 46 | $4,820,000 | $104,783 |
| <2.5% | 27 | $1,385,000 | $51,296 |
During 2023, Lebanon's most frequently originated rate bucket was 6-7%, with 1,516 originations.
Loan Sizing (Lebanon, NH-VT MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,440 | $409,480,000 | $284,361 |
| $100k-200k | 982 | $143,670,000 | $146,303 |
| $100,000 or less | 899 | $47,875,000 | $53,254 |
| $400k-600k | 371 | $175,995,000 | $474,380 |
| $600k-1000k | 155 | $116,275,000 | $750,161 |
| $Over $1MM | 73 | $167,485,000 | $2,294,315 |
Lebanon's loan sizing saw the bucket of loans from $200k-400k with 1,440 originations, totaling $409,480,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,110 | $384,860,000 | $346,721 |
| 60-80% | 959 | $378,855,000 | $395,052 |
| Under 20% | 654 | $46,050,000 | $70,413 |
| 20-40% | 638 | $91,780,000 | $143,856 |
| 40-60% | 451 | $117,895,000 | $261,408 |
| Over 100% | 29 | $9,895,000 | $341,207 |
Lebanon's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,110 originations, totaling $384,860,000 in origination value.