Lebanon Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Lebanon averaged
7.02%
for the week of 2023-09-21, compared to the national average of
7.19% for the same period.
The average rate for the prior week (2023-09-14) was
7.01% and
one month ago for the week of 2023-08-17, the
average rate was 6.52%.
Lebanon's average rate one year ago was 5.85%.
For refis of the same type during the week of 2023-09-21, the average rate
was 6.25%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-09-21 | 7.19% |
| Lebanon 30 Year Fixed Rate | 2023-09-21 | 7.02% |
| Lebanon 30 Year Fixed Rate Refi | 2023-09-21 | 6.25% |
| Lebanon 15 Year Fixed Rate | 2023-09-21 | 6.22% |
| Lebanon 15 Year Fixed Rate Refi | 2023-09-21 | 5.27% |
| Lebanon 30 Year FHA | 2023-09-21 | 6.51% |
| Lebanon 30 Year FHA Refi | 2023-09-21 | 7.04% |
| Lebanon 30 Year USDA | 2023-09-21 | 6.92% |
| Lebanon 30 Year USDA Refi | 2023-09-21 | 7.02% |
| Lebanon 30 Year VA | 2023-09-21 | 6.54% |
| Lebanon 30 Year VA Refi | 2023-09-21 | 6.82% |
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 182 lenders originated 5,505
loans during 2022. The total origination value was $1,514,645,000, with an average loan value of
$275,140.
Lebanon's average closing costs are $4,406.
The top Lebanon lender as defined by loan originations is Mascoma Bank, with
386 loans originated. Their average total fees are
$4,422, which is $2,424
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Lebanon lenders (with over 10 loans originated) are
EVERETT FINANCIAL, INC. ($2,486), Meredith Village Savings Bank ($3,297), Bank of New Hampshire ($3,305), ST. MARY'S BANK ($3,333) and Northfield Savings Bank ($3,366).
The lowest rate Lebanon lenders (with over 10 loans originated) are
Citibank (3.03%), First Republic Bank (3.29%), Bank of America (3.71%), Morgan Stanley Private Bank (3.87%) and TD Bank (4.22%).
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 | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| Mascoma Bank | $283,225,000 | $229,730,000 | -18.9% | 15.2% |
| QUICKEN LOANS, LLC | $167,470,000 | $83,995,000 | -49.8% | 5.5% |
| Meredith Village Savings Bank | $46,390,000 | $56,885,000 | 22.6% | 3.8% |
| Citizens Bank | $62,655,000 | $55,365,000 | -11.6% | 3.7% |
| Brookline Bank | $2,030,000 | $54,800,000 | 2,599.5% | 3.6% |
| Bar Harbor Bank & Trust | $102,470,000 | $51,310,000 | -49.9% | 3.4% |
| Service Federal Credit Union | $37,840,000 | $51,035,000 | 34.9% | 3.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $70,495,000 | $48,075,000 | -31.8% | 3.2% |
| EMM LOANS LLC | $117,965,000 | $43,455,000 | -63.2% | 2.9% |
| Bank of America | $38,365,000 | $30,635,000 | -20.1% | 2.0% |
| Union Bank | $31,125,000 | $28,405,000 | -8.7% | 1.9% |
| Northway Bank | $17,740,000 | $26,900,000 | 51.6% | 1.8% |
| CMG MORTGAGE, INC. | $29,990,000 | $24,620,000 | -17.9% | 1.6% |
| Mortgage Research Center, LLC | $21,090,000 | $18,460,000 | -12.5% | 1.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $21,285,000 | $17,545,000 | -17.6% | 1.2% |
| HARBORONE MORTGAGE, LLC | $39,305,000 | $17,445,000 | -55.6% | 1.2% |
| LOANDEPOT.COM, LLC | $36,405,000 | $16,820,000 | -53.8% | 1.1% |
| GUILD MORTGAGE COMPANY | $2,415,000 | $16,170,000 | 569.6% | 1.1% |
| Northfield Savings Bank | $20,470,000 | $15,705,000 | -23.3% | 1.0% |
| Wells Fargo Bank | $31,965,000 | $15,680,000 | -50.9% | 1.0% |
| Franklin Savings Bank | $16,625,000 | $15,300,000 | -8.0% | 1.0% |
| JPMorgan Chase Bank | $33,090,000 | $15,285,000 | -53.8% | 1.0% |
| Bank of New Hampshire | $22,440,000 | $15,075,000 | -32.8% | 1.0% |
| Prudential Huntoon Paige Associates, LLC | $14,915,000 | n/a | 1.0% | |
| Citibank | $11,765,000 | $14,840,000 | 26.1% | 1.0% |
| TD Bank | $20,335,000 | $14,790,000 | -27.3% | 1.0% |
| CROSSCOUNTRY MORTGAGE, LLC | $11,790,000 | $13,965,000 | 18.4% | 0.9% |
| Berkshire Bank | $1,610,000 | $13,420,000 | 733.5% | 0.9% |
| GUARANTEED RATE, INC. | $22,165,000 | $13,120,000 | -40.8% | 0.9% |
| VERMONT STATE EMPLOYEES | $24,240,000 | $12,860,000 | -46.9% | 0.8% |
| NAVY FEDERAL CREDIT UNION | $14,120,000 | $12,345,000 | -12.6% | 0.8% |
| Morgan Stanley Private Bank | $11,500,000 | $12,335,000 | 7.3% | 0.8% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $17,575,000 | $12,305,000 | -30.0% | 0.8% |
| U.S. Bank | $8,985,000 | $11,925,000 | 32.7% | 0.8% |
| NORTHEAST CREDIT UNION | $11,945,000 | $11,840,000 | -0.9% | 0.8% |
| AMERISAVE MORTGAGE CORPORATION | $28,915,000 | $11,715,000 | -59.5% | 0.8% |
| Leader Bank | $16,295,000 | $11,245,000 | -31.0% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $16,205,000 | $10,550,000 | -34.9% | 0.7% |
| MOVEMENT MORTGAGE, LLC | $9,410,000 | $9,490,000 | 0.9% | 0.6% |
| PENNYMAC LOAN SERVICES, LLC | $20,340,000 | $9,315,000 | -54.2% | 0.6% |
| M&T Bank | $2,910,000 | $8,680,000 | 198.3% | 0.6% |
| First Republic Bank | $14,390,000 | $8,595,000 | -40.3% | 0.6% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $5,955,000 | $8,340,000 | 40.1% | 0.6% |
| FREEDOM MORTGAGE CORPORATION | $26,700,000 | $8,195,000 | -69.3% | 0.5% |
| ST. MARY'S BANK | $9,060,000 | $7,665,000 | -15.4% | 0.5% |
| NEW ENGLAND FEDERAL CREDIT UNION | $8,290,000 | $7,240,000 | -12.7% | 0.5% |
| Webster Bank | $3,445,000 | $6,890,000 | 100.0% | 0.5% |
| Main Street Bank | $2,875,000 | $6,560,000 | 128.2% | 0.4% |
| KeyBank | $7,035,000 | $6,390,000 | -9.2% | 0.4% |
| NORTHEAST HOME LOAN, LLC | $13,390,000 | $6,005,000 | -55.2% | 0.4% |
| GREYSTONE SERVICING COMPANY LLC | $5,985,000 | n/a | 0.4% | |
| City National Bank | $3,140,000 | $5,735,000 | 82.6% | 0.4% |
| Merrimack County Savings Bank | $5,895,000 | $5,540,000 | -6.0% | 0.4% |
| Middlesex Savings Bank | $5,485,000 | n/a | 0.4% | |
| NORTH COUNTRY | $5,740,000 | $5,435,000 | -5.3% | 0.4% |
| EMBRACE HOME LOANS, INC. | $9,110,000 | $5,130,000 | -43.7% | 0.3% |
| BROKER SOLUTIONS, INC. | $8,745,000 | $5,030,000 | -42.5% | 0.3% |
| Community National Bank | $2,160,000 | $4,970,000 | 130.1% | 0.3% |
| Mortgage Network, Inc. | $8,165,000 | $4,965,000 | -39.2% | 0.3% |
| Bangor Savings Bank | $7,040,000 | $4,910,000 | -30.3% | 0.3% |
| MEMBERS ADVANTAGE COMMUNITY CREDIT UNION | $2,540,000 | $4,905,000 | 93.1% | 0.3% |
| Goldman Sachs Bank USA | $1,875,000 | $4,800,000 | 156.0% | 0.3% |
| Eastern Bank | $4,955,000 | $4,665,000 | -5.9% | 0.3% |
| ONE Credit Union | $6,855,000 | $4,605,000 | -32.8% | 0.3% |
| ACADEMY MORTGAGE CORPORATION | $6,835,000 | $4,590,000 | -32.8% | 0.3% |
| EVERETT FINANCIAL, INC. | $1,925,000 | $4,395,000 | 128.3% | 0.3% |
| HOME POINT FINANCIAL CORPORATION | $4,780,000 | $4,210,000 | -11.9% | 0.3% |
| UBS Bank USA | $14,995,000 | $4,090,000 | -72.7% | 0.3% |
| Community Bank | $4,360,000 | $4,075,000 | -6.5% | 0.3% |
| USAA Federal Savings Bank | $9,200,000 | $4,070,000 | -55.8% | 0.3% |
| Cambridge Trust Company | $8,205,000 | $3,925,000 | -52.2% | 0.3% |
| NEWREZ LLC | $14,905,000 | $3,605,000 | -75.8% | 0.2% |
| Advisors Mortgage Group, L.L.C. | $3,185,000 | $3,585,000 | 12.6% | 0.2% |
| Charles Schwab Bank, SSB | $5,845,000 | $3,585,000 | -38.7% | 0.2% |
| BELLWETHER COMMUNITY | $2,130,000 | $3,245,000 | 52.3% | 0.2% |
| DIGITAL Federal Credit Union | $6,790,000 | $3,090,000 | -54.5% | 0.2% |
| BETTER MORTGAGE CORPORATION | $5,720,000 | $2,855,000 | -50.1% | 0.2% |
| The Camden National Bank | $1,125,000 | $2,805,000 | 149.3% | 0.2% |
| BNY Mellon | $3,460,000 | $2,755,000 | -20.4% | 0.2% |
| City National Bank of Florida | $2,745,000 | n/a | 0.2% | |
| Envision Bank | $2,780,000 | $2,625,000 | -5.6% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $1,780,000 | $2,615,000 | 46.9% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $6,765,000 | $2,570,000 | -62.0% | 0.2% |
| ENVOY MORTGAGE, LTD | $3,195,000 | $2,535,000 | -20.7% | 0.2% |
| NBKC BANK | $2,320,000 | $2,515,000 | 8.4% | 0.2% |
| SALEM FIVE MORTGAGE COMPANY, LLC | $4,660,000 | $2,465,000 | -47.1% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $6,270,000 | $2,445,000 | -61.0% | 0.2% |
| Vermont Federal Credit Union | $2,350,000 | $2,425,000 | 3.2% | 0.2% |
| Silicon Valley Bank | $315,000 | $2,410,000 | 665.1% | 0.2% |
| DRAPER AND KRAMER MORTGAGE CORP. | $6,205,000 | $2,385,000 | -61.6% | 0.2% |
| Truist | $180,000 | $2,385,000 | 1,225.0% | 0.2% |
| Jeanne D'Arc Credit Union | $1,165,000 | $2,335,000 | 100.4% | 0.2% |
| GUARANTEED RATE AFFINITY, LLC | $3,555,000 | $2,320,000 | -34.7% | 0.2% |
| Granite State Credit Union | $3,265,000 | $2,315,000 | -29.1% | 0.2% |
| Northpointe Bank | $2,760,000 | $2,315,000 | -16.1% | 0.2% |
| PNC Bank | $3,460,000 | $2,215,000 | -36.0% | 0.1% |
| BAYCOAST MORTGAGE COMPANY, LLC | $2,610,000 | $2,080,000 | -20.3% | 0.1% |
| TOTAL MORTGAGE SERVICES, LLC | $2,625,000 | $2,075,000 | -21.0% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $3,550,000 | $2,030,000 | -42.8% | 0.1% |
| 21ST MORTGAGE CORPORATION | $1,600,000 | $2,015,000 | 25.9% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $2,915,000 | $1,990,000 | -31.7% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $4,500,000 | $1,945,000 | -56.8% | 0.1% |
| NEW FED MORTGAGE, CORP. | $2,545,000 | $1,820,000 | -28.5% | 0.1% |
| Workers Credit Union | $540,000 | $1,820,000 | 237.0% | 0.1% |
| Carrington Mortgage Services, LLC | $2,865,000 | $1,810,000 | -36.8% | 0.1% |
| Enterprise Bank and Trust Company | $1,405,000 | $1,695,000 | 20.6% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $2,365,000 | $1,655,000 | -30.0% | 0.1% |
| WASHINGTON TRUST MORTGAGE COMPANY LLC | $760,000 | $1,640,000 | 115.8% | 0.1% |
| Institution for Savings in Newburyport and Its Vicinity | $1,570,000 | n/a | 0.1% | |
| LEADERONE FINANCIAL CORPORATION | $4,990,000 | $1,545,000 | -69.0% | 0.1% |
| Raymond James Bank | $2,430,000 | $1,540,000 | -36.6% | 0.1% |
| Salem Co-Operative Bank | $1,495,000 | n/a | 0.1% | |
| American Mortgage & Equity Consultants, Inc. | $1,455,000 | n/a | 0.1% | |
| NORTHPOINT MORTGAGE, INC. | $2,235,000 | $1,435,000 | -35.8% | 0.1% |
| RADIUS FINANCIAL GROUP INC. | $1,660,000 | $1,385,000 | -16.6% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $1,750,000 | $1,380,000 | -21.1% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $3,530,000 | $1,360,000 | -61.5% | 0.1% |
| Evolve Bank & Trust | $960,000 | $1,355,000 | 41.1% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $1,055,000 | $1,325,000 | 25.6% | 0.1% |
| WILLIAM RAVEIS MORTGAGE, LLC | $2,895,000 | $1,305,000 | -54.9% | 0.1% |
| SIS BANCORP, MHC | $1,290,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $1,280,000 | n/a | 0.1% | |
| NEW DAY FINANCIAL, LLC | $3,250,000 | $1,240,000 | -61.8% | 0.1% |
| The Huntington National Bank | $420,000 | $1,240,000 | 195.2% | 0.1% |
| Rockland Trust Company | $1,030,000 | $1,180,000 | 14.6% | 0.1% |
| SPRING EQ, LLC | $800,000 | $1,160,000 | 45.0% | 0.1% |
| CALIBER HOME LOANS, INC. | $3,445,000 | $1,155,000 | -66.5% | 0.1% |
| The National Bank of Middlebury | $2,850,000 | $1,145,000 | -59.8% | 0.1% |
| Colonial Savings, F.A. | $3,795,000 | $1,135,000 | -70.1% | 0.1% |
| PHH Mortgage Corporation | $1,090,000 | $1,105,000 | 1.4% | 0.1% |
| METRO | $575,000 | $1,075,000 | 87.0% | 0.1% |
| Discover Bank | $565,000 | $1,070,000 | 89.4% | 0.1% |
| HANSCOM | $2,345,000 | $1,040,000 | -55.7% | 0.1% |
| AMERICAN ADVISORS GROUP | $300,000 | $1,025,000 | 241.7% | 0.1% |
| Wilmington Savings Fund Society, FSB | $1,005,000 | n/a | 0.1% | |
| CENTRAL ONE FEDERAL CREDIT UNION | $685,000 | $980,000 | 43.1% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $955,000 | n/a | 0.1% | |
| Ally Bank | $225,000 | $940,000 | 317.8% | 0.1% |
| A&D Mortgage LLC | $920,000 | n/a | 0.1% | |
| Northmark Bank | $405,000 | $905,000 | 123.5% | 0.1% |
| Waterstone Mortgage Corporation | $475,000 | $880,000 | 85.3% | 0.1% |
| FIRST TECHNOLOGY | $810,000 | $855,000 | 5.6% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $2,025,000 | $850,000 | -58.0% | 0.1% |
| Bethpage Federal Credit Union | $550,000 | $845,000 | 53.6% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $770,000 | n/a | 0.1% | |
| Nations Lending Corporation | $480,000 | $770,000 | 60.4% | 0.1% |
| The Washington Trust Company, of Westerly | $320,000 | $770,000 | 140.6% | 0.1% |
| Farm Credit East, ACA | $1,075,000 | $760,000 | -29.3% | 0.1% |
| People's United Bank | $16,910,000 | $760,000 | -95.5% | 0.1% |
| Bank of England | $2,290,000 | $750,000 | -67.2% | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | $165,000 | $745,000 | 351.5% | 0.0% |
| Triangle Credit Union | $720,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $1,425,000 | $710,000 | -50.2% | 0.0% |
| AMERICAN FINANCING CORPORATION | $2,170,000 | $700,000 | -67.7% | 0.0% |
| NFM, INC. | $440,000 | $695,000 | 58.0% | 0.0% |
| Simmons Bank | $695,000 | n/a | 0.0% | |
| NEXERA HOLDING LLC | $685,000 | n/a | 0.0% | |
| Shamrock Home Loans, Inc. | $980,000 | $660,000 | -32.7% | 0.0% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $3,280,000 | $655,000 | -80.0% | 0.0% |
| Ross Mortgage Company, Inc. | $640,000 | n/a | 0.0% | |
| SOFI LENDING CORP. | $3,485,000 | $630,000 | -81.9% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $625,000 | n/a | 0.0% | |
| Kittredge Mortgage Corporation | $615,000 | n/a | 0.0% | |
| RTN FEDERAL CREDIT UNION | $610,000 | n/a | 0.0% | |
| Armed Forces Bank | $605,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $1,380,000 | $600,000 | -56.5% | 0.0% |
| FINANCE OF AMERICA MORTGAGE LLC | $970,000 | $585,000 | -39.7% | 0.0% |
| Citadel Servicing Corporation | $565,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $45,000 | $545,000 | 1,111.1% | 0.0% |
| North Shore Bank, a Co-operative Bank | $560,000 | $540,000 | -3.6% | 0.0% |
| Stifel Bank and Trust | $4,320,000 | $520,000 | -88.0% | 0.0% |
| Hometown Bank | $515,000 | n/a | 0.0% | |
| The Lowell Five Cent Savings Bank | $510,000 | n/a | 0.0% | |
| PROVINCE MORTGAGE ASSOCIATES, INC. | $500,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $495,000 | n/a | 0.0% | |
| ZILLOW HOME LOANS, LLC | $2,120,000 | $490,000 | -76.9% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $1,950,000 | $485,000 | -75.1% | 0.0% |
| Salem Five Cents Savings Bank | $130,000 | $485,000 | 273.1% | 0.0% |
| The Federal Savings Bank | $3,100,000 | $480,000 | -84.5% | 0.0% |
| ARC HOME LLC | $1,770,000 | $465,000 | -73.7% | 0.0% |
| Axos Bank | $640,000 | $455,000 | -28.9% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $1,060,000 | $450,000 | -57.5% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $635,000 | $440,000 | -30.7% | 0.0% |
| WEBSTER FIRST Federal Credit Union | $420,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $125,000 | $415,000 | 232.0% | 0.0% |
| Winchester Co-operative Bank | $415,000 | n/a | 0.0% | |
| Figure Lending LLC | $415,000 | $405,000 | -2.4% | 0.0% |
| Northwest Federal Credit Union | $155,000 | $400,000 | 158.1% | 0.0% |
| Avidia Bank | $115,000 | $395,000 | 243.5% | 0.0% |
| FINEX CREDIT UNION | $565,000 | $395,000 | -30.1% | 0.0% |
| Shore United Bank | $385,000 | n/a | 0.0% | |
| South Shore Bank | $385,000 | n/a | 0.0% | |
| POLISH NATIONAL | $375,000 | n/a | 0.0% | |
| BAY EQUITY LLC | $605,000 | $365,000 | -39.7% | 0.0% |
| Mechanics Cooperative Bank | $365,000 | n/a | 0.0% | |
| United Nations Federal Credit Union | $715,000 | $365,000 | -49.0% | 0.0% |
| Quontic Bank | $815,000 | $350,000 | -57.1% | 0.0% |
| RBC Bank, (Georgia) | $350,000 | n/a | 0.0% | |
| FIRST MORTGAGE COMPANY, INC. | $345,000 | n/a | 0.0% | |
| Monson Savings Bank | $345,000 | n/a | 0.0% | |
| The Union Bank Company | $405,000 | $345,000 | -14.8% | 0.0% |
| First Savings Bank | $640,000 | $340,000 | -46.9% | 0.0% |
| Haverhill Bank | $335,000 | n/a | 0.0% | |
| FIRST HOME MORTGAGE CORPORATION | $530,000 | $325,000 | -38.7% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $1,410,000 | $325,000 | -77.0% | 0.0% |
| MERRIMACK VALLEY | $165,000 | $325,000 | 97.0% | 0.0% |
| First Guaranty Mortgage Corporation | $1,700,000 | $320,000 | -81.2% | 0.0% |
| Cf Bank | $2,045,000 | $315,000 | -84.6% | 0.0% |
| First Seacoast Bank | $585,000 | $315,000 | -46.2% | 0.0% |
| NBT Bank | $2,205,000 | $315,000 | -85.7% | 0.0% |
| Prosperity Home Mortgage, LLC | $285,000 | $315,000 | 10.5% | 0.0% |
| RF Renovo Management Company, LLC | $315,000 | n/a | 0.0% | |
| REVERSE MORTGAGE FUNDING LLC | $185,000 | $310,000 | 67.6% | 0.0% |
| First Federal Bank | $1,605,000 | $305,000 | -81.0% | 0.0% |
| Magnolia Bank | $400,000 | $305,000 | -23.8% | 0.0% |
| Montgomery Bank | $305,000 | n/a | 0.0% | |
| GFA Federal Credit Union | $105,000 | $285,000 | 171.4% | 0.0% |
| HARVARD UNIVERSITY EMPLOYEES | $430,000 | $285,000 | -33.7% | 0.0% |
| HIWAY | $275,000 | n/a | 0.0% | |
| SOVEREIGN LENDING GROUP INCORPORATED | $595,000 | $275,000 | -53.8% | 0.0% |
| Flagstar Bank, FSB | $4,065,000 | $255,000 | -93.7% | 0.0% |
| HarborOne Bank | $125,000 | $255,000 | 104.0% | 0.0% |
| LOGIX FEDERAL CREDIT UNION | $215,000 | $255,000 | 18.6% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $255,000 | n/a | 0.0% | |
| Navigant Credit Union | $680,000 | $255,000 | -62.5% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $255,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $245,000 | n/a | 0.0% | |
| First United Bank and Trust Company | $245,000 | n/a | 0.0% | |
| MountainOne Bank | $365,000 | $245,000 | -32.9% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $550,000 | $240,000 | -56.4% | 0.0% |
| Chicago Mortgage Solutions LLC | $905,000 | $235,000 | -74.0% | 0.0% |
| Clinton Savings Bank | $235,000 | n/a | 0.0% | |
| CONWAY FINANCIAL SERVICES, LLC | $235,000 | n/a | 0.0% | |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $235,000 | n/a | 0.0% | |
| First Home Bank | $380,000 | $225,000 | -40.8% | 0.0% |
| NORWICH COMMERCIAL GROUP, INC. | $915,000 | $225,000 | -75.4% | 0.0% |
| Texana Bank | $225,000 | n/a | 0.0% | |
| Valley National Bank | $225,000 | n/a | 0.0% | |
| CANOPY MORTGAGE, LLC | $325,000 | $215,000 | -33.8% | 0.0% |
| Washington Savings Bank | $215,000 | n/a | 0.0% | |
| Fifth Third Bank | $1,270,000 | $205,000 | -83.9% | 0.0% |
| LENDSURE MORTGAGE CORP. | $205,000 | n/a | 0.0% | |
| US MORTGAGE CORPORATION | $185,000 | $205,000 | 10.8% | 0.0% |
| The People's Credit Union | $195,000 | n/a | 0.0% | |
| Actors Federal Credit Union | $175,000 | n/a | 0.0% | |
| Arvest Bank | $750,000 | $175,000 | -76.7% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $545,000 | $175,000 | -67.9% | 0.0% |
| First Internet Bank of Indiana | $615,000 | $175,000 | -71.5% | 0.0% |
| Ixonia Bank | $350,000 | $175,000 | -50.0% | 0.0% |
| Fall River Five Cents Savings Bank | $550,000 | $165,000 | -70.0% | 0.0% |
| MORTGAGE EQUITY PARTNERS LLC | $640,000 | $165,000 | -74.2% | 0.0% |
| ADVANCIAL | $155,000 | n/a | 0.0% | |
| BankNewport | $155,000 | n/a | 0.0% | |
| DEEPHAVEN MORTGAGE LLC | $155,000 | n/a | 0.0% | |
| NEW HAMPSHIRE | $1,030,000 | $150,000 | -85.4% | 0.0% |
| Firstrust Savings Bank | $760,000 | $145,000 | -80.9% | 0.0% |
| Southern Mass Credit Union | $135,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $315,000 | $125,000 | -60.3% | 0.0% |
| American Airlines Federal Credit Union | $165,000 | $105,000 | -36.4% | 0.0% |
| First Western Federal Savings Bank | $105,000 | n/a | 0.0% | |
| Baxter Credit Union | $225,000 | $85,000 | -62.2% | 0.0% |
| First National Bank of America | $415,000 | $85,000 | -79.5% | 0.0% |
| BayCoast Bank | $45,000 | $75,000 | 66.7% | 0.0% |
| NESC | $105,000 | $75,000 | -28.6% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $585,000 | $65,000 | -88.9% | 0.0% |
| GREENWOOD | $35,000 | n/a | 0.0% |
Lebanon's top lender by overall market share is Mascoma Bank, with 15.2% market share. In second place, with 5.5%, is QUICKEN LOANS, LLC, having originated $83,995,000 in loans. In third place, with 3.8%, is Meredith Village Savings Bank, having originated $56,885,000 in loans. In fourth place, with 3.7%, is Citizens Bank, having originated $55,365,000 in loans. In fifth place, with 3.6%, is Brookline Bank, having originated $54,800,000 in loans.
Lebanon, NH-VT Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 2,499 | $883,845,000 | $353,679 |
| Cash Out Refi | 1,107 | $261,325,000 | $236,066 |
| Home Improvement | 760 | $91,290,000 | $120,118 |
| Refi | 661 | $147,885,000 | $223,729 |
| Other | 478 | $130,300,000 | $272,594 |
Lebanon's most frequently cited loan purpose was Home Purchase, with 2,499 originations. The 2nd most popular reason was Cash Out Refi, with 1,107 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,464 | $392,630,000 | $268,190 |
| 5-6% | 1,314 | $358,750,000 | $273,021 |
| 4-5% | 1,227 | $404,995,000 | $330,069 |
| 6-7% | 522 | $115,860,000 | $221,954 |
| 2.5-3% | 417 | $128,825,000 | $308,933 |
| <2.5% | 274 | $55,460,000 | $202,409 |
| 7-8% | 147 | $27,375,000 | $186,224 |
| Over 8% | 52 | $5,310,000 | $102,115 |
During 2022, Lebanon's most frequently originated rate bucket was 3-4%, with 1,464 originations.
Loan Sizing (Lebanon, NH-VT MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 2,027 | $558,655,000 | $275,607 |
| $100k-200k | 1,674 | $248,740,000 | $148,590 |
| $100,000 or less | 1,061 | $56,365,000 | $53,124 |
| $400k-600k | 439 | $207,665,000 | $473,041 |
| $600k-1000k | 193 | $143,025,000 | $741,062 |
| $Over $1MM | 111 | $300,195,000 | $2,704,459 |
Lebanon's loan sizing saw the bucket of loans from $200k-400k with 2,027 originations, totaling $558,655,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 1,610 | $627,650,000 | $389,845 |
| 80-100% | 1,508 | $504,200,000 | $334,350 |
| 40-60% | 821 | $194,035,000 | $236,340 |
| 20-40% | 719 | $107,335,000 | $149,284 |
| Under 20% | 713 | $39,605,000 | $55,547 |
| Over 100% | 38 | $12,960,000 | $341,053 |
Lebanon's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 1,610 originations, totaling $627,650,000 in origination value.