MANCHESTER - NASHUA Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Manchester - Nashua averaged
6.75%
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
6.98% and
one month ago for the week of 2024-10-03, the
average rate was 6.18%.
Manchester - Nashua's average rate one year ago was 8.02%.
For refis of the same type during the week of 2024-11-07, the average rate
was 7.2%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-11-07 | 6.79% |
| Manchester - Nashua 30 Year Fixed Rate | 2024-11-07 | 6.75% |
| Manchester - Nashua 30 Year Fixed Rate Refi | 2024-11-07 | 7.2% |
| Manchester - Nashua 15 Year Fixed Rate | 2024-11-07 | 6.42% |
| Manchester - Nashua 15 Year Fixed Rate Refi | 2024-11-07 | 6.3% |
| Manchester - Nashua 30 Year FHA | 2024-11-07 | 6.21% |
| Manchester - Nashua 30 Year FHA Refi | 2024-11-07 | 6.43% |
| Manchester - Nashua 30 Year USDA | 2024-11-07 | 6.68% |
| Manchester - Nashua 30 Year USDA Refi | 2024-11-07 | 6.68% |
| Manchester - Nashua 30 Year VA | 2024-11-07 | 6.49% |
| Manchester - Nashua 30 Year VA Refi | 2024-11-07 | 6.14% |
MANCHESTER - NASHUA 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 MANCHESTER-NASHUA, 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.).
MANCHESTER - NASHUA Average Closing Costs & Other Stats
MANCHESTER-NASHUA, NH's 194 lenders originated 8,003
loans during 2023. The total origination value was $2,253,765,000, with an average loan value of
$281,615.
MANCHESTER - NASHUA's average closing costs are $4,959.
The top MANCHESTER - NASHUA lender as defined by loan originations is CMG MORTGAGE, INC., with
333 loans originated. Their average total fees are
$4,951, which is $714
lower than the next largest lender,
GUILD MORTGAGE COMPANY.
The lowest fee MANCHESTER - NASHUA lenders (with over 10 loans originated) are
TD Bank ($2,905), U.S. Bank ($3,318), DIGITAL Federal Credit Union ($3,423), Bangor Savings Bank ($3,591) and Institution for Savings in Newburyport and Its Vicinity ($3,679).
The lowest rate MANCHESTER - NASHUA lenders (with over 10 loans originated) are
Institution for Savings in Newburyport and Its Vicinity (6.02%), Enterprise Bank and Trust Company (6.23%), DIGITAL Federal Credit Union (6.35%), Bank of America (6.36%) and Bangor Savings Bank (6.41%).
MANCHESTER-NASHUA, 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 | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| CMG MORTGAGE, INC. | $155,595,000 | $182,610,000 | 17.4% | 8.1% |
| Citizens Bank | $235,615,000 | $150,950,000 | -35.9% | 6.7% |
| GUILD MORTGAGE COMPANY | $177,475,000 | $128,235,000 | -27.7% | 5.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $202,735,000 | $120,210,000 | -40.7% | 5.3% |
| ST. MARY'S BANK | $169,905,000 | $97,470,000 | -42.6% | 4.3% |
| QUICKEN LOANS, LLC | $194,935,000 | $92,755,000 | -52.4% | 4.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $93,485,000 | $72,240,000 | -22.7% | 3.2% |
| HARBORONE MORTGAGE, LLC | $83,140,000 | $62,855,000 | -24.4% | 2.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $83,075,000 | $62,045,000 | -25.3% | 2.8% |
| DIGITAL Federal Credit Union | $96,445,000 | $55,785,000 | -42.2% | 2.5% |
| MOVEMENT MORTGAGE, LLC | $71,790,000 | $55,215,000 | -23.1% | 2.4% |
| TD Bank | $77,915,000 | $48,760,000 | -37.4% | 2.2% |
| GUARANTEED RATE, INC. | $60,480,000 | $43,235,000 | -28.5% | 1.9% |
| Enterprise Bank and Trust Company | $49,125,000 | $35,125,000 | -28.5% | 1.6% |
| EMM LOANS LLC | $38,755,000 | $29,625,000 | -23.6% | 1.3% |
| Mortgage Research Center, LLC | $34,485,000 | $27,210,000 | -21.1% | 1.2% |
| LOANDEPOT.COM, LLC | $63,310,000 | $26,785,000 | -57.7% | 1.2% |
| Service Federal Credit Union | $36,730,000 | $26,060,000 | -29.0% | 1.2% |
| Bank of America | $36,160,000 | $26,035,000 | -28.0% | 1.2% |
| Bar Harbor Bank & Trust | $28,670,000 | $23,685,000 | -17.4% | 1.1% |
| NBT Bank | $14,405,000 | $22,795,000 | 58.2% | 1.0% |
| BELLWETHER COMMUNITY | $47,835,000 | $22,185,000 | -53.6% | 1.0% |
| Merrimack County Savings Bank | $42,210,000 | $21,900,000 | -48.1% | 1.0% |
| TOTAL MORTGAGE SERVICES, LLC | $28,345,000 | $21,125,000 | -25.5% | 0.9% |
| Jeanne D'Arc Credit Union | $41,195,000 | $18,955,000 | -54.0% | 0.8% |
| NAVY FEDERAL CREDIT UNION | $27,135,000 | $18,790,000 | -30.8% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $32,840,000 | $17,920,000 | -45.4% | 0.8% |
| Eastern Bank | $104,775,000 | $17,255,000 | -83.5% | 0.8% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $29,125,000 | $16,225,000 | -44.3% | 0.7% |
| Leader Bank | $14,690,000 | $16,150,000 | 9.9% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $41,135,000 | $15,720,000 | -61.8% | 0.7% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $18,720,000 | $14,785,000 | -21.0% | 0.7% |
| NORTHPOINT MORTGAGE, INC. | $15,200,000 | $14,160,000 | -6.8% | 0.6% |
| American Mortgage & Equity Consultants, Inc. | $22,065,000 | $13,870,000 | -37.1% | 0.6% |
| Franklin Savings Bank | $16,200,000 | $13,660,000 | -15.7% | 0.6% |
| M&T Bank | $9,525,000 | $12,535,000 | 31.6% | 0.6% |
| Mascoma Bank | $3,025,000 | $12,350,000 | 308.3% | 0.5% |
| Pentucket Bank | $2,475,000 | $12,125,000 | 389.9% | 0.5% |
| JPMorgan Chase Bank | $30,935,000 | $11,845,000 | -61.7% | 0.5% |
| MORTGAGE EQUITY PARTNERS LLC | $11,640,000 | $11,150,000 | -4.2% | 0.5% |
| DRAPER AND KRAMER MORTGAGE CORP. | $22,595,000 | $10,945,000 | -51.6% | 0.5% |
| Salem Co-Operative Bank | $10,935,000 | $10,840,000 | -0.9% | 0.5% |
| FREEDOM MORTGAGE CORPORATION | $26,430,000 | $10,575,000 | -60.0% | 0.5% |
| Bangor Savings Bank | $46,035,000 | $10,325,000 | -77.6% | 0.5% |
| The Lowell Five Cent Savings Bank | $4,080,000 | $9,985,000 | 144.7% | 0.4% |
| NEWREZ LLC | $18,855,000 | $9,590,000 | -49.1% | 0.4% |
| U.S. Bank | $10,805,000 | $9,585,000 | -11.3% | 0.4% |
| SALEM FIVE MORTGAGE COMPANY, LLC | $18,580,000 | $9,480,000 | -49.0% | 0.4% |
| Wells Fargo Bank | $41,435,000 | $9,310,000 | -77.5% | 0.4% |
| NEW FED MORTGAGE, CORP. | $18,560,000 | $9,235,000 | -50.2% | 0.4% |
| NORTHEAST CREDIT UNION | $8,640,000 | $9,025,000 | 4.5% | 0.4% |
| Institution for Savings in Newburyport and Its Vicinity | $4,020,000 | $8,675,000 | 115.8% | 0.4% |
| Keystone Funding, Inc. | $8,650,000 | n/a | 0.4% | |
| Sierra Pacific Mortgage Company, Inc. | $9,935,000 | $8,600,000 | -13.4% | 0.4% |
| Granite State Credit Union | $14,580,000 | $8,430,000 | -42.2% | 0.4% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $985,000 | $8,035,000 | 715.7% | 0.4% |
| EMBRACE HOME LOANS, INC. | $22,635,000 | $7,890,000 | -65.1% | 0.4% |
| BAY EQUITY LLC | $13,445,000 | $7,710,000 | -42.7% | 0.3% |
| USAA Federal Savings Bank | $6,245,000 | $7,655,000 | 22.6% | 0.3% |
| FIRST MORTGAGE COMPANY, INC. | $9,680,000 | $7,315,000 | -24.4% | 0.3% |
| Waterstone Mortgage Corporation | $3,805,000 | $7,075,000 | 85.9% | 0.3% |
| The Federal Savings Bank | $5,610,000 | $6,630,000 | 18.2% | 0.3% |
| Evolve Bank & Trust | $9,160,000 | $6,215,000 | -32.2% | 0.3% |
| NATIONS RELIABLE LENDING, LLC | $1,440,000 | $6,085,000 | 322.6% | 0.3% |
| Lakeland Bank | $6,005,000 | n/a | 0.3% | |
| GUARANTEED RATE AFFINITY, LLC | $17,160,000 | $5,840,000 | -66.0% | 0.3% |
| AMERISAVE MORTGAGE CORPORATION | $31,205,000 | $5,770,000 | -81.5% | 0.3% |
| Members First Credit Union N.H. | $8,800,000 | $5,735,000 | -34.8% | 0.3% |
| RADIUS FINANCIAL GROUP INC. | $14,100,000 | $5,650,000 | -59.9% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $7,565,000 | $5,645,000 | -25.4% | 0.3% |
| BROKER SOLUTIONS, INC. | $10,495,000 | $5,530,000 | -47.3% | 0.2% |
| Discover Bank | $3,590,000 | $5,475,000 | 52.5% | 0.2% |
| HANSCOM | $11,850,000 | $5,465,000 | -53.9% | 0.2% |
| NATIONS DIRECT MORTGAGE, LLC | $5,405,000 | n/a | 0.2% | |
| LEADERONE FINANCIAL CORPORATION | $10,545,000 | $5,240,000 | -50.3% | 0.2% |
| Home Loan Investment Bank, F.S.B. | $5,185,000 | $4,850,000 | -6.5% | 0.2% |
| Haverhill Bank | $2,270,000 | $4,815,000 | 112.1% | 0.2% |
| Rockland Trust Company | $4,160,000 | $4,740,000 | 13.9% | 0.2% |
| Morgan Stanley Private Bank | $6,910,000 | $4,705,000 | -31.9% | 0.2% |
| The Provident Bank | $4,705,000 | n/a | 0.2% | |
| PENTAGON FEDERAL CREDIT UNION | $4,755,000 | $4,540,000 | -4.5% | 0.2% |
| ENVOY MORTGAGE, LTD | $7,780,000 | $4,520,000 | -41.9% | 0.2% |
| Everett Co-operative Bank | $470,000 | $4,360,000 | 827.7% | 0.2% |
| WASHINGTON TRUST MORTGAGE COMPANY LLC | $5,290,000 | $4,080,000 | -22.9% | 0.2% |
| Webster Bank | $4,590,000 | $4,080,000 | -11.1% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $4,560,000 | $3,855,000 | -15.5% | 0.2% |
| Newburyport Five Cents Savings Bank | $3,655,000 | $3,845,000 | 5.2% | 0.2% |
| NBKC BANK | $6,855,000 | $3,760,000 | -45.1% | 0.2% |
| Berkshire Bank | $70,235,000 | $3,720,000 | -94.7% | 0.2% |
| Bank of New Hampshire | $15,525,000 | $3,695,000 | -76.2% | 0.2% |
| First National Bank of America | $420,000 | $3,670,000 | 773.8% | 0.2% |
| MERRIMACK VALLEY | $4,810,000 | $3,670,000 | -23.7% | 0.2% |
| First Savings Bank | $3,025,000 | $3,575,000 | 18.2% | 0.2% |
| LOGIX FEDERAL CREDIT UNION | $8,545,000 | $3,530,000 | -58.7% | 0.2% |
| SIS BANCORP, MHC | $4,715,000 | $3,415,000 | -27.6% | 0.2% |
| METRO | $7,350,000 | $3,395,000 | -53.8% | 0.2% |
| GFA Federal Credit Union | $4,305,000 | $3,375,000 | -21.6% | 0.1% |
| Meredith Village Savings Bank | $5,890,000 | $3,370,000 | -42.8% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $11,080,000 | $3,365,000 | -69.6% | 0.1% |
| BETTER MORTGAGE CORPORATION | $450,000 | $3,360,000 | 646.7% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $14,415,000 | $3,260,000 | -77.4% | 0.1% |
| Figure Lending LLC | $4,925,000 | $3,255,000 | -33.9% | 0.1% |
| NEW DAY FINANCIAL, LLC | $5,350,000 | $3,250,000 | -39.3% | 0.1% |
| A&D Mortgage LLC | $1,040,000 | $3,205,000 | 208.2% | 0.1% |
| East Cambridge Savings Bank | $385,000 | $3,205,000 | 732.5% | 0.1% |
| EVERETT FINANCIAL, INC. | $7,740,000 | $3,200,000 | -58.7% | 0.1% |
| CARDINAL FINANCIAL | $3,160,000 | $3,025,000 | -4.3% | 0.1% |
| Carrington Mortgage Services, LLC | $6,030,000 | $2,970,000 | -50.7% | 0.1% |
| Northpointe Bank | $3,315,000 | $2,920,000 | -11.9% | 0.1% |
| Workers Credit Union | $10,820,000 | $2,595,000 | -76.0% | 0.1% |
| OCMBC, INC. | $2,495,000 | n/a | 0.1% | |
| Easthampton Savings Bank | $1,230,000 | $2,475,000 | 101.2% | 0.1% |
| PNC Bank | $178,215,000 | $2,430,000 | -98.6% | 0.1% |
| ROCKLAND | $2,405,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $6,755,000 | $2,395,000 | -64.5% | 0.1% |
| Cambridge Savings Bank | $1,635,000 | $2,335,000 | 42.8% | 0.1% |
| ALIGN CREDIT UNION | $1,805,000 | $2,200,000 | 21.9% | 0.1% |
| Avidia Bank | $1,420,000 | $2,155,000 | 51.8% | 0.1% |
| GENEVA FINANCIAL, LLC | $1,200,000 | $2,115,000 | 76.3% | 0.1% |
| WEBSTER FIRST Federal Credit Union | $1,565,000 | $2,050,000 | 31.0% | 0.1% |
| ZILLOW HOME LOANS, LLC | $3,675,000 | $2,015,000 | -45.2% | 0.1% |
| Bank of England | $1,780,000 | $1,980,000 | 11.2% | 0.1% |
| UBS Bank USA | $1,175,000 | $1,965,000 | 67.2% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $740,000 | $1,935,000 | 161.5% | 0.1% |
| SPRING EQ, LLC | $3,120,000 | $1,730,000 | -44.6% | 0.1% |
| BAYCOAST MORTGAGE COMPANY, LLC | $1,070,000 | $1,660,000 | 55.1% | 0.1% |
| Northway Bank | $25,140,000 | $1,660,000 | -93.4% | 0.1% |
| Ally Bank | $1,185,000 | $1,610,000 | 35.9% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,445,000 | $1,600,000 | 10.7% | 0.1% |
| GUARANTY HOME MORTGAGE CORPORATION | $1,165,000 | $1,595,000 | 36.9% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $2,210,000 | $1,555,000 | -29.6% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,420,000 | $1,545,000 | 8.8% | 0.1% |
| Coastal Community Bank | $1,530,000 | n/a | 0.1% | |
| North Shore Bank, a Co-operative Bank | $155,000 | $1,520,000 | 880.6% | 0.1% |
| USAlliance Federal Credit Union | $940,000 | $1,490,000 | 58.5% | 0.1% |
| CENTRAL ONE FEDERAL CREDIT UNION | $105,000 | $1,445,000 | 1,276.2% | 0.1% |
| Commerce Home Mortgage, Inc. | $255,000 | $1,430,000 | 460.8% | 0.1% |
| MEMBERS MORTGAGE COMPANY, INC. | $2,070,000 | $1,390,000 | -32.9% | 0.1% |
| Firstrust Savings Bank | $3,175,000 | $1,375,000 | -56.7% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $370,000 | $1,370,000 | 270.3% | 0.1% |
| Flagstar Bank, FSB | $10,125,000 | $1,365,000 | -86.5% | 0.1% |
| Reading Co-Operative Bank | $255,000 | $1,290,000 | 405.9% | 0.1% |
| Plains Commerce Bank | $1,585,000 | $1,265,000 | -20.2% | 0.1% |
| BMO Harris Bank | $1,235,000 | n/a | 0.1% | |
| Century Mortgage Company DBA Century Lending Company | $2,990,000 | $1,225,000 | -59.0% | 0.1% |
| Bethpage Federal Credit Union | $785,000 | $1,205,000 | 53.5% | 0.1% |
| NORWICH COMMERCIAL GROUP, INC. | $820,000 | $1,205,000 | 47.0% | 0.1% |
| Main Street Bank | $3,485,000 | $1,200,000 | -65.6% | 0.1% |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $1,195,000 | n/a | 0.1% | |
| NEW ENGLAND FEDERAL CREDIT UNION | $810,000 | $1,195,000 | 47.5% | 0.1% |
| TOGETHER CREDIT UNION | $865,000 | $1,195,000 | 38.2% | 0.1% |
| PHH Mortgage Corporation | $3,140,000 | $1,185,000 | -62.3% | 0.1% |
| HOMESTEAD FUNDING CORP. | $1,410,000 | $1,115,000 | -20.9% | 0.0% |
| LENDSURE MORTGAGE CORP. | $635,000 | $1,115,000 | 75.6% | 0.0% |
| The Camden National Bank | $6,500,000 | $1,085,000 | -83.3% | 0.0% |
| StonehamBank, A Co-operative Bank | $1,465,000 | $1,060,000 | -27.6% | 0.0% |
| LIBERTY BAY CREDIT UNION | $585,000 | $1,055,000 | 80.3% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $1,030,000 | n/a | 0.0% | |
| EQUITY RESOURCES, INC. | $1,020,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $655,000 | $1,005,000 | 53.4% | 0.0% |
| Fidelity Co-operative Bank | $1,345,000 | $1,000,000 | -25.7% | 0.0% |
| Farm Credit East, ACA | $735,000 | $995,000 | 35.4% | 0.0% |
| Ross Mortgage Company, Inc. | $6,830,000 | $975,000 | -85.7% | 0.0% |
| The Central Trust Bank | $1,070,000 | $965,000 | -9.8% | 0.0% |
| AMERICAN FINANCING CORPORATION | $2,160,000 | $955,000 | -55.8% | 0.0% |
| Cornerstone First Mortgage, Inc | $925,000 | n/a | 0.0% | |
| FINANCE OF AMERICA REVERSE LLC | $410,000 | $915,000 | 123.2% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $1,725,000 | $895,000 | -48.1% | 0.0% |
| Cornerstone Bank | $325,000 | $890,000 | 173.8% | 0.0% |
| ARC HOME LLC | $4,145,000 | $880,000 | -78.8% | 0.0% |
| PREMIA MORTGAGE, LLC | $1,920,000 | $880,000 | -54.2% | 0.0% |
| Washington Savings Bank | $3,315,000 | $880,000 | -73.5% | 0.0% |
| PLANET HOME LENDING, LLC | $655,000 | $875,000 | 33.6% | 0.0% |
| Atlantic Coast Mortgage, LLC | $855,000 | n/a | 0.0% | |
| Winter Hill Bank, FSB | $850,000 | n/a | 0.0% | |
| ENCORE BANK | $835,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $4,355,000 | $835,000 | -80.8% | 0.0% |
| RF Renovo Management Company, LLC | $2,380,000 | $835,000 | -64.9% | 0.0% |
| First Seacoast Bank | $1,145,000 | $830,000 | -27.5% | 0.0% |
| Holy Rosary Regional Credit Union | $525,000 | $830,000 | 58.1% | 0.0% |
| MEGASTAR FINANCIAL CORP. | $820,000 | n/a | 0.0% | |
| The Savings Bank | $660,000 | $780,000 | 18.2% | 0.0% |
| 21ST MORTGAGE CORPORATION | $55,000 | $740,000 | 1,245.5% | 0.0% |
| Republic State Mortgage Co. | $965,000 | $730,000 | -24.4% | 0.0% |
| SUCCESS MORTGAGE PARTNERS, INC. | $4,275,000 | $730,000 | -82.9% | 0.0% |
| The State Bank and Trust Company | $725,000 | n/a | 0.0% | |
| First Republic Bank | $3,790,000 | $715,000 | -81.1% | 0.0% |
| Heritage Bank | $705,000 | n/a | 0.0% | |
| State Department Federal Credit Union | $680,000 | n/a | 0.0% | |
| DREW MORTGAGE ASSOCIATES, INC. | $1,130,000 | $675,000 | -40.3% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $675,000 | n/a | 0.0% | |
| JMAC LENDING, INC. | $670,000 | n/a | 0.0% | |
| Third Federal Savings and Loan Association of Cleveland | $1,700,000 | $655,000 | -61.5% | 0.0% |
| Piscataqua Savings Bank | $645,000 | n/a | 0.0% | |
| Salem Five Cents Savings Bank | $1,590,000 | $630,000 | -60.4% | 0.0% |
| NEW HAMPSHIRE | $940,000 | $625,000 | -33.5% | 0.0% |
| Direct Federal Credit Union | $635,000 | $615,000 | -3.1% | 0.0% |
| NFM, INC. | $875,000 | $615,000 | -29.7% | 0.0% |
| F&A Federal Credit Union | $605,000 | n/a | 0.0% | |
| SILVER HILL FUNDING, LLC | $605,000 | n/a | 0.0% | |
| MLD MORTGAGE INC. | $740,000 | $600,000 | -18.9% | 0.0% |
| AMERICAN FINANCIAL NETWORK, INC. | $590,000 | n/a | 0.0% | |
| Truist | $700,000 | $580,000 | -17.1% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $570,000 | n/a | 0.0% | |
| Academy Bank | $565,000 | n/a | 0.0% | |
| ON Q FINANCIAL, INC. | $565,000 | n/a | 0.0% | |
| POLARIS HOME FUNDING CORP. | $235,000 | $560,000 | 138.3% | 0.0% |
| Cambridge Trust Company | $8,350,000 | $555,000 | -93.4% | 0.0% |
| Eagle Bank | $545,000 | n/a | 0.0% | |
| HARVARD UNIVERSITY EMPLOYEES | $790,000 | $545,000 | -31.0% | 0.0% |
| HOLYOKE | $545,000 | n/a | 0.0% | |
| PLAZA HOME MORTGAGE, INC. | $535,000 | n/a | 0.0% | |
| Royal Credit Union | $525,000 | n/a | 0.0% | |
| Webster Five Cents Savings Bank | $525,000 | n/a | 0.0% | |
| HSBC BANK USA, NATIONAL ASSOCIATION | $515,000 | n/a | 0.0% | |
| Charles Schwab Bank, SSB | $1,865,000 | $505,000 | -72.9% | 0.0% |
| Methuen Cooperative Bank | $495,000 | n/a | 0.0% | |
| INTEGRITY MORTGAGE LLC | $755,000 | $490,000 | -35.1% | 0.0% |
| DAS Acquisition Company, LLC | $485,000 | n/a | 0.0% | |
| The National Bank of Middlebury | $485,000 | n/a | 0.0% | |
| FIRST HOME MORTGAGE CORPORATION | $355,000 | $465,000 | 31.0% | 0.0% |
| Athol Savings Bank | $690,000 | $460,000 | -33.3% | 0.0% |
| Baxter Credit Union | $1,270,000 | $460,000 | -63.8% | 0.0% |
| First Federal Bank | $455,000 | n/a | 0.0% | |
| Peoples Bank | $455,000 | n/a | 0.0% | |
| Winchester Co-operative Bank | $2,285,000 | $450,000 | -80.3% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $3,000,000 | $445,000 | -85.2% | 0.0% |
| North American Savings Bank, F.S.B. | $2,525,000 | $445,000 | -82.4% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $435,000 | n/a | 0.0% | |
| AMERICAN HERITAGE LENDING, INC. | $420,000 | n/a | 0.0% | |
| HarborOne Bank | $745,000 | $415,000 | -44.3% | 0.0% |
| The Bank of Canton | $405,000 | n/a | 0.0% | |
| BayCoast Bank | $870,000 | $400,000 | -54.0% | 0.0% |
| TOWER | $400,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $305,000 | $395,000 | 29.5% | 0.0% |
| MID-ISLAND MORTGAGE CORP. | $785,000 | $395,000 | -49.7% | 0.0% |
| RTN FEDERAL CREDIT UNION | $2,425,000 | $395,000 | -83.7% | 0.0% |
| Hometown Equity Mortgage, LLC | $1,330,000 | $385,000 | -71.1% | 0.0% |
| NP, Inc. | $450,000 | $385,000 | -14.4% | 0.0% |
| WINGS FINANCIAL | $385,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $1,160,000 | $375,000 | -67.7% | 0.0% |
| Citibank | $685,000 | $375,000 | -45.3% | 0.0% |
| COMMUNITY CREDIT UNION OF LYNN | $240,000 | $365,000 | 52.1% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $560,000 | $365,000 | -34.8% | 0.0% |
| Magnolia Bank | $265,000 | $365,000 | 37.7% | 0.0% |
| MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. | $215,000 | $365,000 | 69.8% | 0.0% |
| Princeton Mortgage Corporation | $365,000 | n/a | 0.0% | |
| JUSTICE Federal Credit Union | $355,000 | n/a | 0.0% | |
| NJ LENDERS CORP. | $1,065,000 | $345,000 | -67.6% | 0.0% |
| RBC Bank, (Georgia) | $335,000 | $345,000 | 3.0% | 0.0% |
| BOKF | $335,000 | n/a | 0.0% | |
| Bridgewater Savings Bank | $650,000 | $330,000 | -49.2% | 0.0% |
| Advisors Mortgage Group, L.L.C. | $325,000 | n/a | 0.0% | |
| WESTERLY COMMUNITY | $340,000 | $315,000 | -7.4% | 0.0% |
| AmRes Corporation | $305,000 | n/a | 0.0% | |
| Navigant Credit Union | $655,000 | $305,000 | -53.4% | 0.0% |
| Kennebunk Savings Bank | $5,780,000 | $300,000 | -94.8% | 0.0% |
| Logan Finance Corporation | $295,000 | n/a | 0.0% | |
| Dedham Institution for Savings | $285,000 | n/a | 0.0% | |
| MASS BAY Credit Union | $285,000 | n/a | 0.0% | |
| Shamrock Home Loans, Inc. | $2,985,000 | $285,000 | -90.5% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $510,000 | $275,000 | -46.1% | 0.0% |
| Winchester Savings Bank | $2,185,000 | $275,000 | -87.4% | 0.0% |
| FBC MORTGAGE, LLC | $660,000 | $265,000 | -59.8% | 0.0% |
| ALTRA | $255,000 | n/a | 0.0% | |
| Farmers Bank & Trust | $255,000 | n/a | 0.0% | |
| NESC | $625,000 | $235,000 | -62.4% | 0.0% |
| Wakefield Co-operative Bank | $555,000 | $235,000 | -57.7% | 0.0% |
| GEORGIA'S OWN | $225,000 | n/a | 0.0% | |
| VILLAGE CAPITAL MORTGAGE | $275,000 | $215,000 | -21.8% | 0.0% |
| OCEAN STATE CREDIT UNION | $65,000 | $200,000 | 207.7% | 0.0% |
| Prosperity Home Mortgage, LLC | $445,000 | $200,000 | -55.1% | 0.0% |
| Nations Lending Corporation | $1,410,000 | $195,000 | -86.2% | 0.0% |
| First Internet Bank of Indiana | $820,000 | $185,000 | -77.4% | 0.0% |
| Liberty Savings Bank, F.S.B. | $185,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $185,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $260,000 | $185,000 | -28.8% | 0.0% |
| First IC Corporation | $165,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $505,000 | $165,000 | -67.3% | 0.0% |
| GREENWOOD | $700,000 | $160,000 | -77.1% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $1,205,000 | $155,000 | -87.1% | 0.0% |
| Axos Bank | $315,000 | $145,000 | -54.0% | 0.0% |
| EASTMAN | $125,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $1,030,000 | $110,000 | -89.3% | 0.0% |
| FIRST TECHNOLOGY | $580,000 | $110,000 | -81.0% | 0.0% |
| Quontic Bank | $935,000 | $105,000 | -88.8% | 0.0% |
| Connexus Credit Union | $95,000 | n/a | 0.0% | |
| UNIVERSITY CREDIT UNION | $95,000 | n/a | 0.0% | |
| First Federal Bank of Kansas City | $75,000 | n/a | 0.0% | |
| The Washington Trust Company, of Westerly | $125,000 | $75,000 | -40.0% | 0.0% |
| Clearview Federal Credit Union | $55,000 | $65,000 | 18.2% | 0.0% |
| ST. JEAN'S Credit Union | $65,000 | n/a | 0.0% | |
| GENERAL ELECTRIC EMPLOYEES FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| MASSMUTUAL | $55,000 | n/a | 0.0% | |
| Tewksbury Federal Credit Union | $290,000 | $55,000 | -81.0% | 0.0% |
| UniBank for Savings | $780,000 | $45,000 | -94.2% | 0.0% |
MANCHESTER - NASHUA's top lender by overall market share is CMG MORTGAGE, INC., with 8.1% market share. In second place, with 6.7%, is Citizens Bank, having originated $150,950,000 in loans. In third place, with 5.7%, is GUILD MORTGAGE COMPANY, having originated $128,235,000 in loans. In fourth place, with 5.3%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $120,210,000 in loans. In fifth place, with 4.3%, is ST. MARY'S BANK, having originated $97,470,000 in loans.
MANCHESTER-NASHUA, NH Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 4,076 | $1,598,480,000 | $392,169 |
| Home Improvement | 1,295 | $143,645,000 | $110,923 |
| Cash Out Refi | 987 | $236,505,000 | $239,620 |
| Other | 979 | $114,695,000 | $117,155 |
| Refi | 666 | $160,440,000 | $240,901 |
Manchester - Nashua's most frequently cited loan purpose was Home Purchase, with 4,076 originations. The 2nd most popular reason was Home Improvement, with 1,295 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 2,629 | $925,735,000 | $352,124 |
| 7-8% | 2,272 | $633,480,000 | $278,820 |
| Over 8% | 1,713 | $246,925,000 | $144,148 |
| 5-6% | 937 | $304,375,000 | $324,840 |
| 4-5% | 85 | $25,055,000 | $294,765 |
| 3-4% | 68 | $18,480,000 | $271,765 |
| <2.5% | 45 | $2,335,000 | $51,889 |
| 2.5-3% | 4 | $1,000,000 | $250,000 |
During 2023, Manchester - Nashua's most frequently originated rate bucket was 6-7%, with 2,629 originations.
Loan Sizing (MANCHESTER-NASHUA, NH MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 2,843 | $848,685,000 | $298,517 |
| $100,000 or less | 1,695 | $95,775,000 | $56,504 |
| $100k-200k | 1,514 | $208,650,000 | $137,814 |
| $400k-600k | 1,503 | $712,755,000 | $474,222 |
| $600k-1000k | 384 | $271,770,000 | $707,734 |
| $Over $1MM | 64 | $116,130,000 | $1,814,531 |
MANCHESTER - NASHUA's loan sizing saw the bucket of loans from $200k-400k with 2,843 originations, totaling $848,685,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 2,349 | $989,625,000 | $421,296 |
| Under 20% | 1,722 | $111,750,000 | $64,895 |
| 60-80% | 1,527 | $601,205,000 | $393,716 |
| 20-40% | 1,255 | $190,315,000 | $151,645 |
| 40-60% | 824 | $227,100,000 | $275,607 |
| Over 100% | 67 | $32,145,000 | $479,776 |
MANCHESTER - NASHUA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 2,349 originations, totaling $989,625,000 in origination value.