WORCESTER Mortgage Rates

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

30 Year Fixed Rate mortgages in Worcester averaged 3.48% for the week of 2021-12-02, compared to the national average of 3.11% for the same period.

The average rate for the prior week (2021-11-24) was 3.27% and one month ago for the week of 2021-10-28, the average rate was 3.31%.

Worcester's average rate one year ago was 2.69%.

For refis of the same type during the week of 2021-12-02, the average rate was 3.39%.

Loan Type Date Rate
US 30 Year Fixed Rate 2021-12-02 3.11%
Worcester 30 Year Fixed Rate 2021-12-02 3.48%
Worcester 30 Year Fixed Rate Refi 2021-12-02 3.39%
Worcester 15 Year Fixed Rate 2021-12-02 2.78%
Worcester 15 Year Fixed Rate Refi 2021-12-02 2.7%
Worcester 30 Year FHA 2021-12-02 3.28%
Worcester 30 Year FHA Refi 2021-12-02 3.27%
Worcester 30 Year USDA 2021-12-02 3.42%
Worcester 30 Year USDA Refi 2021-12-02 3.25%
Worcester 30 Year VA 2021-12-02 3.4%
Worcester 30 Year VA Refi 2021-12-02 3.01%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within WORCESTER, MA-CT.

WORCESTER Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the WORCESTER, MA-CT 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 2020 Avg. 30yFix Rate 2020 Avg. Total Fees
QUICKEN LOANS, LLC 1,352 3.32% $5,415
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1,318 3.21% $3,293
UNITED WHOLESALE MORTGAGE, LLC 879 3.21% $4,881
RESIDENTIAL MORTGAGE SERVICES, INC. 720 3.24% $3,352
TOTAL MORTGAGE SERVICES, LLC 550 3.35% $4,430
Leader Bank, National Association 479 2.99% $3,089
GUARANTEED RATE, INC. 461 3.25% $3,644
LOANDEPOT.COM, LLC 443 3.24% $4,615
DIGITAL Federal Credit Union 424 3.26% $4,331
DRAPER AND KRAMER MORTGAGE CORP. 308 3.10% $2,708
NORTHPOINT MORTGAGE, INC. 297 3.14% $3,652
Ross Mortgage Company, Inc. 294 3.10% $3,236
RADIUS FINANCIAL GROUP INC. 291 3.32% $4,039
UniBank for Savings 289 3.23% $2,597
Envision Bank 274 3.25% $2,757
NEWREZ LLC 273 3.34% $3,950
ENVOY MORTGAGE, LTD 263 3.37% $3,433
Citizens Bank, National Association 255 3.32% $3,728
Mortgage Network, Inc. 241 3.29% $3,750
CROSSCOUNTRY MORTGAGE, LLC 237 3.24% $3,967
Milford Federal Bank 213 3.40% $3,031
HOMEBRIDGE FINANCIAL SERVICES, INC. 207 3.32% $3,860
NORWICH COMMERCIAL GROUP, INC. 205 3.41% $4,361
HOME POINT FINANCIAL CORPORATION 205 3.33% $4,024
Workers Credit Union 199 3.43% $3,317
AMERISAVE MORTGAGE CORPORATION 198 2.89% $4,813
TD Bank, National Association 187 3.17% $3,671
DREW MORTGAGE ASSOCIATES, INC. 186 3.29% $4,107
EMM LOANS LLC 168 3.28% $4,622
Avidia Bank 167 3.35% $2,381
The Bank of Canton 161 3.12% $3,123
Wells Fargo Bank, National Association 156 3.32% $3,441
Bank of America, National Association 154 3.24% $4,489
WEBSTER FIRST Federal Credit Union 146 3.39% $2,351
HARBORONE MORTGAGE, LLC 144 3.07% $3,342
SALEM FIVE MORTGAGE COMPANY, LLC 138 3.26% $3,973
NEW FED MORTGAGE, CORP. 138 3.10% $2,627
Santander Bank, N.A. 134 3.48% $2,899
U.S. Bank National Association 129 3.21% $3,245
NATIONSTAR MORTGAGE LLC 126 3.42% $5,776
Shamrock Home Loans, Inc. 123 3.13% $3,624
WASHINGTON TRUST MORTGAGE COMPANY LLC 121 3.30% $3,441
PENNYMAC LOAN SERVICES, LLC 118 3.19% $4,451
FREEDOM MORTGAGE CORPORATION 117 3.37% $2,966
Evolve Bank & Trust 116 3.33% $3,463
JPMorgan Chase Bank, National Association 112 3.23% $3,792
GUARANTEED RATE AFFINITY, LLC 105 3.25% $3,821
CALIBER HOME LOANS, INC. 105 3.26% $4,214
St. Mary's Credit Union 104 3.43% $3,164
BAY EQUITY LLC 99 3.26% $3,683
MOVEMENT MORTGAGE, LLC 99 3.23% $3,806
Sierra Pacific Mortgage Company, Inc. 97 3.37% $4,715
HOMEFIELD 91 3.03% $4,289
Middlesex Savings Bank 77 3.27% $2,524
Rockland Trust Company 76 3.12% $3,202
Nations Lending Corporation 76 3.07% $4,144
INLAND BANK & TRUST 75 3.28% $3,785
BAYCOAST MORTGAGE COMPANY, LLC 74 3.11% $2,994
PRIMARY RESIDENTIAL MORTGAGE, INC. 73 3.24% $5,236
ARC HOME LLC 71 3.32% $5,704
Poli Mortgage Group, Inc. 70 3.01% $783
Flagstar Bank, FSB 69 3.26% $3,089
People's United Bank, National Association 68 3.35% $3,845
Bangor Savings Bank 66 3.04% $3,121
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 63 3.13% $3,833
Berkshire Bank 63 3.21% $3,327
NAVY FEDERAL CREDIT UNION 60 3.67% $4,573
STEARNS LENDING, LLC 58 3.09% $3,997
METRO 56 3.19% $3,215
BROKER SOLUTIONS, INC. 54 3.15% $4,092
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 52 3.20% $3,909
MORTGAGE EQUITY PARTNERS LLC 48 3.21% $3,733
GFA Federal Credit Union 47 3.48% $2,783
GUARANTY HOME MORTGAGE CORPORATION 45 3.13% $3,688
PROVIDENT FUNDING ASSOCIATES, L.P. 44 3.09% $3,014
PULTE MORTGAGE LLC 44 3.14% $1,559
Bank of England 43 3.25% $3,958
Webster Bank, National Association 42 3.33% $5,280
KELLER MORTGAGE, LLC 41 3.11% $2,693
NFM, INC. 41 3.27% $4,240
MEMBERS MORTGAGE COMPANY, INC. 40 3.18% $2,741
PROVINCE MORTGAGE ASSOCIATES, INC. 39 3.24% $3,903
First Savings Bank 39 3.19% $3,507
EQUITY RESOURCES, INC. 39 3.13% $2,658
Northpointe Bank 38 3.20% $4,094
Northern Bank & Trust Company 38 3.13% $2,521
PRIMELENDING, A PLAINSCAPITAL COMPANY 37 3.41% $4,104
Charter Oak Federal Credit Union 37 3.57% $2,415
FINANCE OF AMERICA MORTGAGE LLC 37 3.42% $4,934
HANSCOM 36 2.97% $3,291
MEMBER ADVANTAGE MORTGAGE, LLC 36 3.30% $4,336
Centreville Bank 34 3.14% $2,821
MUTUAL OF OMAHA MORTGAGE, INC. 34 3.28% $4,795
ALLIED MORTGAGE GROUP, INC. 34 3.27% $3,629
First Federal Bank 33 3.18% $4,733
KeyBank National Association 33 3.35% $2,604
LAKEVIEW LOAN SERVICING, LLC 32 3.37% $3,321
Navigant Credit Union 32 3.67% $13,577
Jeanne D'Arc Credit Union 31 3.08% $3,128
EMBRACE HOME LOANS, INC. 30 3.26% $4,529
HUNT MORTGAGE CORPORATION 29 3.38% $4,235
First National Bank of America 29 7.31% $10,001
Prosperity Home Mortgage, LLC 28 3.15% $3,788
Semper Home Loans, Inc. 28 3.01% $4,214
Eastern Bank 28 3.07% $3,545
Bridgewater Savings Bank 27 2.91% $2,622
CRESCENT MORTGAGE COMPANY 26 3.38% $5,281
WILLIAM RAVEIS MORTGAGE, LLC 26 2.96% $3,561
First Guaranty Mortgage Corporation 25 3.52% $5,965
OCMBC, INC. 25 3.25% $5,334
AMERICAN FINANCIAL NETWORK, INC. 24 3.27% $5,985
USAA Federal Savings Bank 24 3.58% $4,795
Cambridge Savings Bank 24 3.16% $3,123
Home Loan Investment Bank, F.S.B. 24 3.16% $3,611
Paramount Residential Mortgage Group, Inc. 23 3.23% $4,085
The Federal Savings Bank 22 3.23% $5,770
RELIANCE FIRST CAPITAL, LLC 22 3.38% $7,442
Luxury Mortgage Corp. 22 2.99% $3,137
Baxter Credit Union 21 3.17% $3,312
RTN FEDERAL CREDIT UNION 21 3.41% $3,167
SUCCESS MORTGAGE PARTNERS, INC. 21 3.07% $2,665
CMG MORTGAGE, INC. 21 3.11% $3,714
Liberty Bank 20 3.23% $3,156
GUIDANCE RESIDENTIAL, LLC 20 3.27% $3,953
Bristol County Savings Bank 20 3.26% $3,103
NBKC BANK 19 3.28% $3,130
Farm Credit East, ACA 19 3.31% $6,082
ACADEMY MORTGAGE CORPORATION 19 3.28% $3,524
PLAZA HOME MORTGAGE, INC. 19 3.70% $5,687
PNC Bank, National Association 18 3.34% $4,042
Firstrust Savings Bank 17 3.28% $5,730
CorePlus Federal Credit Union 17 3.04% $3,367
FIRST HOME MORTGAGE CORPORATION 17 3.38% $4,912
SOFI LENDING CORP. 16 3.17% $3,467
AMERICAN BANCSHARES MORTGAGE, LLC 16 3.18% $5,497
ZILLOW HOME LOANS, LLC 15 3.19% $2,784
HOMESIDE FINANCIAL, LLC 15 3.24% $6,027
NJ LENDERS CORP. 15 2.87% $3,061
LENDERFI, INC. 14 2.79% $1,370
HOMESTEAD FUNDING CORP. 14 3.08% $2,979
First Republic Bank 13 2.82% $2,894
First Home Bank 13 2.80% $2,743
MSA MORTGAGE, LLC 12 3.28% $4,091
HARVARD UNIVERSITY EMPLOYEES 12 3.29% $2,344
LENOX FINANCIAL MORTGAGE CORPORATION 12 3.57% $4,524
AMERICAN FINANCING CORPORATION 11 3.02% $4,099
CONWAY FINANCIAL SERVICES, LLC 11 3.20% $3,391
Enterprise Bank and Trust Company 11 3.35% $3,040
Chelsea Groton Bank 11 3.28% $2,758
Network Funding, L.P. 10 3.66% $3,803
LADERA LENDING, INC. 10 3.00% $3,299
GREENWOOD 10 3.39% $2,862
The Camden National Bank 10 3.21% $3,352
UNION HOME MORTGAGE CORP. 10 3.09% $3,653
AMERICAN INTERNET MORTGAGE, INC. 10 3.23% $4,409
NORTHEAST HOME LOAN, LLC 10 3.20% $3,816
Needham Bank 9 3.24% $2,609
Watermark Capital, Inc. 9 2.75% $2,993
Third Federal Savings and Loan Association of Cleveland 9 3.05% $932
North American Savings Bank, F.S.B. 9 3.01% $1,988
FIRST WORLD MORTGAGE CORPORATION 9 3.28% $4,149
PENTAGON FEDERAL CREDIT UNION 8 3.00% $2,042
Equity Prime Mortgage LLC 8 3.41% $3,615
AMERICAN FEDERAL MORTGAGE CORPORATION 7 2.86% $2,985
KS StateBank 7 2.96% $1,880
CHURCHILL MORTGAGE CORPORATION 7 3.18% $5,308
EVERETT FINANCIAL, INC. 6 3.77% $3,170
Manufacturers and Traders Trust Company 6 3.35% $5,166
AMERICAN EAGLE FINANCIAL CREDIT UNION 6 3.15% $3,312
Truist Bank 6 3.33% $3,391
ARK-LA-TEX FINANCIAL SERVICES, LLC. 6 3.35% $5,212
Beeline Loans, Inc. 6 2.77% $2,274
PARKSIDE LENDING, LLC 6 3.52% $5,181
ITHINK FINANCIAL Credit Union 6 3.35% $2,824
North Shore Bank, a Co-operative Bank 6 3.17% $2,818
Citibank, National Association 6 3.13% $4,340
MID-ISLAND MORTGAGE CORP. 6 3.23% $2,030
Merchants Bank of Indiana 6 3.00% $4,265
BETTER MORTGAGE CORPORATION 5 3.20% $2,738
LENDUS, LLC 5 3.23% $4,470
MILEND, INC. 5 2.90% $4,964
CONTOUR MORTGAGE CORPORATION 5 2.83% $5,423
Charles Schwab Bank, SSB 5 2.78% $3,514
PAWTUCKET 5 3.63% $2,193
Carrington Mortgage Services, LLC 5 3.18% $4,715
POLARIS HOME FUNDING CORP. 5 3.30% $8,703
PREMIA MORTGAGE, LLC 5 2.77% $4,636
Cambridge Trust Company 5 3.10% $3,605
Boston Private Bank & Trust Company 5 3.03% $3,906
BNC National Bank 5 2.93% $4,437
Bank Rhode Island 5 3.62% $2,681
The Washington Trust Company, of Westerly 5 3.27% $2,942
TIAA, FSB 5 3.50% $2,554
Triumph Bank 5 3.20% $2,303
UBS Bank USA 5 3.23% $4,800
East Boston Savings Bank 4 3.15% $2,943
Westfield Bank 4 3.13% $3,253
CASTLE & COOKE MORTGAGE, LLC 4 3.66% $3,670
ROCKLAND 4 3.53% $2,707
The Cape Cod Five Cents Savings Bank 4 3.59% $2,836
First Internet Bank of Indiana 4 3.00% $2,570
MORTGAGE MARKETS CUSO, LLC 4 3.06% $3,516
Magnolia Bank 4 3.59% $7,406
First Federal Bank of Kansas City 4 2.81% $3,439
HOMESPIRE MORTGAGE CORPORATION 4 2.78% $4,041
VAN DYK MORTGAGE CORPORATION 4 2.78% $5,824
LENDSURE MORTGAGE CORP. 4 6.81% $19,971
AMERICAN FINANCIAL RESOURCES, INC. 4 3.84% $3,950
MLD MORTGAGE INC. 4 3.09% $3,164
LOANLEADERS OF AMERICA, INC. 4 3.19% $6,825
NEW ENGLAND FEDERAL CREDIT UNION 4 3.09% $2,612
Morgan Stanley Private Bank, National Association 4 3.09% $3,737
FIRST CHOICE LOAN SERVICES INC. 4 3.59% $2,650
Prime Choice Funding Inc. 4 3.09% $4,316
COMMUNITY CREDIT UNION OF LYNN 3 3.42% $2,162
OCEANSIDE MORTGAGE COMPANY 3 2.92% $2,011
Service Federal Credit Union 3 3.17% $1,926
Sharon & Crescent United Credit Union 3 3.04% $2,012
Paramount Bank 3 3.42% $1,113
SIRVA MORTGAGE, INC. 3 3.29% $860
Axos Bank 3 2.83% $1,335
Arvest Bank 3 3.42% $2,467
SUN WEST MORTGAGE COMPANY, INC. 3 3.04% $480
Ameris Bank 3 2.83% $3,789
PeoplesBank 3 3.42% $4,332
LAND HOME FINANCIAL SERVICES, INC. 3 3.42% $5,019
Dollar Bank, Federal Savings Bank 3 3.58% $1,165
PLUS RELOCATION MORTGAGE, LLC 3 2.96% $3,292
FirstBank 3 3.46% $3,049
AMERICAN NATIONWIDE MORTGAGE COMPANY, INC. 3 3.33% $4,131
UIF CORPORATION 3 3.13% $5,344
Wilmington Savings Fund Society, FSB 3 3.00% $2,308
United Nations Federal Credit Union 3 3.04% $3,070
Deere Employees Credit Union 3 3.13% $3,057
Goldwater Bank, N.A. 3 2.92% $5,993
WORCESTER 3 2.96% $5,265
FBC MORTGAGE, LLC 3 3.17% $3,100
BM Real Estate Services, Inc. 3 3.50% $3,802
QUINCY CREDIT UNION 3 3.58% $2,494
Admirals Bank 3 2.79% $3,221
Republic State Mortgage Co. 3 3.21% $3,245
BAYSHORE MORTGAGE FUNDING, LLC 2 3.44% $5,836
Discover Bank 2 3.99% $0
MORTGAGE ACCESS CORP. 2 3.06% $3,164
Amalgamated Bank 2 2.94% $3,743
Colonial Savings, F.A. 2 3.19% $3,794
SIWELL, INC. 2 2.75% $2,934
InterContinental Capital Group, Inc 2 3.06% $5,196
USAlliance Federal Credit Union 2 2.94% $4,005
AMERICAN FINANCE HOUSE LARIBA 2 2.80% $2,325
MountainOne Bank 2 3.19% $4,154
OCEAN STATE CREDIT UNION 2 3.25% $2,674
RBC Bank, (Georgia) National Association 2 3.00% $2,534
JUSTICE Federal Credit Union 2 3.31% $5,724
AmeriHome Mortgage Company, LLC 2 3.19% $1,354
Strong Home Mortgage, LLC 2 2.44% $4,762
MID AMERICA MORTGAGE, INC. 2 3.00% $1,786
Stifel Bank and Trust 2 3.44% $2,499
LEADERONE FINANCIAL CORPORATION 2 3.25% $4,016
Plains Commerce Bank 2 3.50% $7,243
BankNewport 2 3.50% $4,298
The People's Credit Union 2 3.25% $2,374
MMS MORTGAGE SERVICES, LTD. 2 3.25% $2,620
Mortgage Research Center, LLC 2 3.25% $4,693
Cf Bank, National Association 2 3.25% $4,162
FAMILY FIRST FUNDING LLC 2 3.25% $5,529
POLISH NATIONAL 2 3.50% $2,694
Hometown Lenders, Inc. 2 2.86% $4,399
Allied First Bank,sb 2 3.63% $3,252
FIRST TECHNOLOGY 2 3.56% $6,818
HANCOCK MORTGAGE PARTNERS, LLC 2 3.13% $4,698
U S WIDE FINANCIAL LLC 1 2.75% $2,095
First Bank 1 3.38% $2,119
NASA Federal Credit Union 1 4.63% $5,997
NATIONS DIRECT MORTGAGE, LLC 1 3.63% $2,022
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 3.38% $7,562
CORPORATE AMERICA FAMILY 1 3.38% $3,670
NATIONWIDE MORTGAGE BANKERS, INC. 1 2.88% $8,215
Cornerstone First Mortgage, Inc 1 2.63% $3,522
GREENTREE MORTGAGE COMPANY, L.P. 1 3.00% $3,307
NBT Bank, National Association 1 3.63% $2,773
CONSUMERS COOPERATIVE CREDIT UNION 1 3.38% $4,617
Newtown Savings Bank 1 2.88% $2,573
FIRST COMMUNITY MORTGAGE, INC. 1 2.75% $2,385
CIT Bank, National Association 1 3.13% $9,335
JAMES B. NUTTER & COMPANY 1 3.25% $5,974
IVY MORTGAGE, INC. 1 3.38% $1,556
CHERRY CREEK MORTGAGE, LLC 1 3.50% $2,157
Institution for Savings in Newburyport and Its Vicinity 1 2.88% $3,769
Ally Bank 1 3.63% $2,920
Peoples Bank 1 2.88% $4,006
PHH Mortgage Corporation 1 4.63% $4,020
WESTERN VISTA 1 3.38% $5,441
Capitol Federal Savings Bank 1 3.63% $12,888
Capital Bank, National Association 1 2.63% $2,341
Brookline Bank 1 3.63% $2,609
WINGS FINANCIAL 1 3.13% $3,674
BOKF, National Association 1 3.50% $2,751
BNY Mellon, National Association 1 2.38% $4,672
Quontic Bank 1 5.63% $14,203
BLUELEAF LENDING, LLC 1 3.38% $3,786
GUILD MORTGAGE COMPANY 1 3.25% $3,118
Reliant Bank 1 3.38% $5,542
Bethpage Federal Credit Union 1 2.88% $4,535
Residential Mortgage Solutions, Inc. 1 2.88% $5,315
RIVER WORKS 1 2.63% $3,479
Barrington Bank & Trust Company, N.A. 1 3.25% $4,162
RUOFF MORTGAGE COMPANY, INC. 1 4.13% $115
Bar Harbor Bank & Trust 1 3.63% $2,895
AgFirst Farm Credit Bank 1 3.13% $3,878
Bank-Fund Staff Federal Credit Union 1 2.63% $2,655
Bank Five Nine 1 3.50% $3,646
Silicon Valley Bank 1 2.75% $3,948
South State Bank, National Association 1 4.00% $3,165
SPRING EQ, LLC 1 2.88% $4,032
Stafford Savings Bank 1 3.88% $4,330
ATHAS CAPITAL GROUP, INC. 1 6.38% $7,282
Hometown Equity Mortgage, LLC 1 3.63% $4,537
Sunflower Bank, National Association 1 2.99% $4,297
The Central Trust Bank 1 2.88% $3,291
AMERICAN PACIFIC MORTGAGE CORPORATION 1 2.99% $4,569
The Freedom Bank of Virginia 1 2.50% $3,418
The Home Loan Expert LLC 1 3.25% $4,139
The Milford Bank 1 3.63% $2,703
The Torrington Savings Bank 1 3.25% $2,504
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION 1 3.25% $4,166
York Traditions Bank 1 2.88% $3,238
Wyndham Capital Mortgage, Inc. 1 3.38% $10,813
TOGETHER CREDIT UNION 1 2.75% $3,415
GREYLOCK 1 3.50% $2,212
Fortress Bank 1 2.50% $2,018
FRANKLIN MINT 1 3.63% $4,396
Union Savings Bank 1 3.38% $2,745
HOLYOKE 1 3.38% $3,908
Waterstone Mortgage Corporation 1 3.75% $3,446
Hingham Institution for Savings 1 3.63% $2,654
LOANPAL, LLC 1 2.99% $4,239
Fairfield County Bank 1 3.50% $2,852
Fidelity Bank, National Association 1 3.00% $2,824
Meredith Village Savings Bank 1 3.50% $1,793
MERRIMACK VALLEY 1 3.00% $2,541
Fifth Third Bank, National Association 1 3.50% $3,398
Metro City Bank 1 4.75% $6,202
Mid-Continent Funding, Inc. 1 3.38% $3,657
Level One Bank 1 3.75% $2,807

WORCESTER, MA-CT's 345 lenders originated 44,489 loans during 2020. The total origination value was $11,917,445,000, with an average loan value of $267,874.

The top WORCESTER lender as defined by loan originations is QUICKEN LOANS, LLC, with 1,352 loans originated. Their average total fees are $5,415, which is $2,122 higher than the next largest lender, FAIRWAY INDEPENDENT MORTGAGE CORPORATION.

The lowest fee WORCESTER lenders (with over 10 loans originated) are Poli Mortgage Group, Inc. ($783), LENDERFI, INC. ($1,370), PULTE MORTGAGE LLC ($1,559), HARVARD UNIVERSITY EMPLOYEES ($2,344) and WEBSTER FIRST Federal Credit Union ($2,351).

The lowest rate WORCESTER lenders (with over 10 loans originated) are LENDERFI, INC. (2.79%), First Home Bank (2.80%), First Republic Bank (2.82%), NJ LENDERS CORP. (2.87%) and AMERISAVE MORTGAGE CORPORATION (2.89%).

WORCESTER, MA-CT Lender 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 2019 Loan Value 2020 Loan Value % Change 2020 Market Share
Quicken Loans $376,990,000 $806,500,000 113.9% 6.8%
FAIRWAY INDEPENDENT MORT CORP $377,665,000 $579,750,000 53.5% 4.9%
United Shore Financial Services LLC $300,715,000 $393,635,000 30.9% 3.3%
RESIDENTIAL MORTGAGE SERVICES $225,150,000 $332,725,000 47.8% 2.8%
Freedom Mortgage Corporation $68,340,000 $301,725,000 341.5% 2.5%
Guaranteed Rate Inc. $163,090,000 $261,960,000 60.6% 2.2%
loanDepot LLC $115,965,000 $236,480,000 103.9% 2.0%
Leader Bank NA $122,700,000 $235,335,000 91.8% 2.0%
Total Mortgage Services LLC $133,140,000 $229,910,000 72.7% 1.9%
Digital Federal Credit Union $177,190,000 $221,640,000 25.1% 1.9%
Draper and Kramer Mortgage Corp. $47,370,000 $193,675,000 308.9% 1.6%
Cornerstone Bank $77,845,000 $185,655,000 138.5% 1.6%
CBNA $153,445,000 $183,345,000 19.5% 1.5%
NEWREZ LLC $42,320,000 $143,230,000 238.4% 1.2%
UniBank for Savings $87,475,000 $143,030,000 63.5% 1.2%
envision Bank $77,920,000 $142,605,000 83.0% 1.2%
Webster Five Cents Savings Bank $45,370,000 $135,330,000 198.3% 1.1%
Envoy Mortgage Ltd. $81,665,000 $134,330,000 64.5% 1.1%
Ross Mortgage Company Inc. $60,915,000 $130,390,000 114.1% 1.1%
Nationstar Mortgage $98,375,000 $128,335,000 30.5% 1.1%
Northpoint Mortgage Inc. $60,845,000 $126,765,000 108.3% 1.1%
HomeBridge Financial Services, Inc. $62,995,000 $121,615,000 93.1% 1.0%
Fidelity Bank $155,000 $116,975,000 75,367.7% 1.0%
TD Bank $61,825,000 $115,205,000 86.3% 1.0%
Central One Federal Credit Union $61,125,000 $115,120,000 88.3% 1.0%
Bank of America NA $143,050,000 $114,680,000 -19.8% 1.0%
Mortgage Network, Inc $68,845,000 $111,275,000 61.6% 0.9%
radius financial group inc $67,745,000 $107,905,000 59.3% 0.9%
Drew Mortgage Associates LLC $64,965,000 $106,945,000 64.6% 0.9%
Avidia Bank $56,405,000 $103,760,000 84.0% 0.9%
Amerisave Mortgage Corporation $18,770,000 $103,565,000 451.8% 0.9%
Milford Federal Savings and Loan Association $68,000,000 $96,805,000 42.4% 0.8%
Webster First Federal Credit Union $46,585,000 $95,215,000 104.4% 0.8%
Workers Credit Union $76,000,000 $94,490,000 24.3% 0.8%
Home Point Financial Corporation $37,215,000 $93,040,000 150.0% 0.8%
Santander Bank N.A. $116,850,000 $92,725,000 -20.6% 0.8%
WELLS FARGO BANK NA $82,155,000 $91,375,000 11.2% 0.8%
Norwich Commercial Group Inc $38,475,000 $86,405,000 124.6% 0.7%
Hometown Bank $53,410,000 $83,220,000 55.8% 0.7%
E Mortgage Management LLC $37,195,000 $82,855,000 122.8% 0.7%
PENNYMAC LOAN SERVICES LLC $22,860,000 $82,205,000 259.6% 0.7%
US BANK, N.A. $47,010,000 $81,245,000 72.8% 0.7%
HarborOne Mortgage LLC $38,990,000 $77,890,000 99.8% 0.7%
New Fed Mortgage Corporation $29,380,000 $76,435,000 160.2% 0.6%
Salem Five Mortgage Co. LLC $45,800,000 $73,360,000 60.2% 0.6%
Lakeview Loan Servicing, LLC $29,145,000 $72,525,000 148.8% 0.6%
Mortgage Research Center LLC $43,595,000 $69,335,000 59.0% 0.6%
Leominster Credit Union $36,425,000 $69,115,000 89.7% 0.6%
Rockland Trust Company $34,405,000 $67,540,000 96.3% 0.6%
Savers Co-operative Bank $50,235,000 $64,585,000 28.6% 0.5%
Caliber Home Loans Inc $28,355,000 $64,000,000 125.7% 0.5%
JPMorgan Chase Bank, NA $35,650,000 $63,785,000 78.9% 0.5%
The Bank of Canton $36,065,000 $63,280,000 75.5% 0.5%
Berkshire Bank $21,115,000 $60,940,000 188.6% 0.5%
Rollstone Bank & Trust $26,505,000 $58,610,000 121.1% 0.5%
IC Federal Credit Union $38,225,000 $58,005,000 51.7% 0.5%
Guaranteed Rate Affinity LLC $31,945,000 $56,025,000 75.4% 0.5%
Clinton Savings Bank $37,185,000 $55,340,000 48.8% 0.5%
Evolve Bank & Trust $27,935,000 $54,100,000 93.7% 0.5%
Middlesex Savings Bank $36,605,000 $53,695,000 46.7% 0.5%
St. Mary's Credit Union $35,020,000 $51,980,000 48.4% 0.4%
SHAMROCK FINANCIAL CORPORATION $28,565,000 $50,865,000 78.1% 0.4%
Washington Trust Mtg Co LLC $28,365,000 $50,170,000 76.9% 0.4%
MOVEMENT MORTGAGE, LLC $24,805,000 $50,105,000 102.0% 0.4%
Bay Equity LLC $16,890,000 $49,550,000 193.4% 0.4%
Homefield Credit Union $13,835,000 $48,350,000 249.5% 0.4%
Country Bank for Savings $32,210,000 $47,595,000 47.8% 0.4%
People's United Bank, N.A. $34,825,000 $47,410,000 36.1% 0.4%
Millbury Federal Credit Union $31,505,000 $46,610,000 47.9% 0.4%
MSA Mortgage LLC $26,160,000 $44,760,000 71.1% 0.4%
Bay State Savings Bank $30,440,000 $44,140,000 45.0% 0.4%
Sierra Pacific Mortgage $28,555,000 $41,825,000 46.5% 0.4%
Primary Residential Mortgage Inc. $16,535,000 $41,575,000 151.4% 0.3%
Nations Lending Corporation $5,705,000 $39,370,000 590.1% 0.3%
Flagstar Bank $13,690,000 $39,185,000 186.2% 0.3%
Eastern Bank $12,250,000 $38,925,000 217.8% 0.3%
USAA FEDERAL SAVINGS BANK $40,275,000 $38,755,000 -3.8% 0.3%
NAVY FEDERAL CREDIT UNION $28,340,000 $38,680,000 36.5% 0.3%
Fall River Five Cents Savings Bank DBA BankFive $6,875,000 $37,105,000 439.7% 0.3%
Webster Bank, N.A. $32,215,000 $36,815,000 14.3% 0.3%
WEI Mortgage LLC $960,000 $36,795,000 3,732.8% 0.3%
The Federal Savings Bank $18,985,000 $36,020,000 89.7% 0.3%
BayCoast Mortgage Company, LLC $6,980,000 $36,005,000 415.8% 0.3%
BANGOR SAVINGS BANK $11,275,000 $34,795,000 208.6% 0.3%
Hanscom Federal Credit Union $17,060,000 $34,265,000 100.8% 0.3%
GFA Federal Credit Union $26,550,000 $34,195,000 28.8% 0.3%
KeyBank National Association $78,460,000 $34,135,000 -56.5% 0.3%
New York Community Bank $33,845,000 n/a 0.3%
Jewett City Savings Bank $11,565,000 $33,825,000 192.5% 0.3%
Metro Credit Union $17,585,000 $32,560,000 85.2% 0.3%
Inland Bank and Trust $18,945,000 $32,375,000 70.9% 0.3%
Cardinal Financial Company LP $4,805,000 $32,150,000 569.1% 0.3%
Athol Savings Bank $23,855,000 $31,975,000 34.0% 0.3%
New American Funding (dba for Broker Solutions Inc) $12,305,000 $30,955,000 151.6% 0.3%
Charles River Bank $11,395,000 $28,525,000 150.3% 0.2%
Poli Mortgage Group $12,675,000 $28,230,000 122.7% 0.2%
North Brookfield Savings Bank $24,010,000 $28,105,000 17.1% 0.2%
Guaranty Trust Company $620,000 $27,680,000 4,364.5% 0.2%
CHARTER OAK FEDERAL CREDIT UNION $18,990,000 $26,990,000 42.1% 0.2%
Dean Co-operative Bank $12,535,000 $26,350,000 110.2% 0.2%
Stearns Lending $11,280,000 $26,000,000 130.5% 0.2%
Berkeley Point Capital, LLC $25,340,000 n/a 0.2%
Paramount Residential Mortgage Group Inc. $14,400,000 $23,880,000 65.8% 0.2%
Finance of America Mortgage LLC $11,685,000 $23,580,000 101.8% 0.2%
American Neighborhood Mortgage dba AnnieMac Home Mortgage $15,480,000 $23,420,000 51.3% 0.2%
Mortgage Equity Partners LLC $10,580,000 $23,045,000 117.8% 0.2%
Northpointe Bank $9,740,000 $22,720,000 133.3% 0.2%
Members Mortgage Company $6,495,000 $22,235,000 242.3% 0.2%
Provident Funding Associates $19,810,000 $22,060,000 11.4% 0.2%
Embrace Home Loans, Inc. $8,735,000 $21,300,000 143.8% 0.2%
Bristol County Savings Bank $7,680,000 $20,655,000 168.9% 0.2%
First Savings Bank $2,970,000 $20,465,000 589.1% 0.2%
Bank of England $5,835,000 $20,415,000 249.9% 0.2%
Equity Resources Inc. $5,510,000 $19,995,000 262.9% 0.2%
American Financial Network Inc. $10,120,000 $19,745,000 95.1% 0.2%
NFM, Inc. $6,010,000 $19,050,000 217.0% 0.2%
Jeanne D'Arc Credit Union $6,120,000 $18,315,000 199.3% 0.2%
Northern Bank & Trust Company $13,670,000 $18,250,000 33.5% 0.2%
Shrewsbury Federal Credit Union $13,730,000 $18,210,000 32.6% 0.2%
PRIMELENDING $14,075,000 $18,175,000 29.1% 0.2%
OCMBC Inc. $225,000 $18,170,000 7,975.6% 0.2%
First Guaranty Mortgage Corporation $3,115,000 $17,995,000 477.7% 0.2%
Navigant Credit Union $11,560,000 $17,995,000 55.7% 0.2%
Southbridge Credit Union $15,955,000 $16,920,000 6.0% 0.1%
BM REAL ESTATE SERVICES, INC. $550,000 $16,595,000 2,917.3% 0.1%
Cambridge Savings Bank $4,710,000 $16,535,000 251.1% 0.1%
Keller Mortgage LLC $10,885,000 $16,140,000 48.3% 0.1%
Plaza Home Mortgage Inc. $8,045,000 $15,850,000 97.0% 0.1%
Synergy One Lending $7,330,000 $15,090,000 105.9% 0.1%
Allied Mortgage Group Inc $5,800,000 $14,905,000 157.0% 0.1%
Crescent Mortgage Company $13,735,000 $14,905,000 8.5% 0.1%
Province Mortgage Associates $9,415,000 $14,760,000 56.8% 0.1%
Bridgewater Savings Bank $6,415,000 $14,745,000 129.9% 0.1%
Centreville Bank $415,000 $14,395,000 3,368.7% 0.1%
Member Advantage Mortgage $10,720,000 $13,720,000 28.0% 0.1%
Pulte Mortgage LLC $13,675,000 n/a 0.1%
CARRINGTON MORTGAGE SERVICES $9,120,000 $13,635,000 49.5% 0.1%
Enterprise Bank and Trust Company $13,495,000 $13,475,000 -0.1% 0.1%
Success Mortgage Partners Inc. $530,000 $13,255,000 2,400.9% 0.1%
FIRST REPUBLIC BANK $4,980,000 $13,190,000 164.9% 0.1%
Baxter Credit Union $5,310,000 $13,135,000 147.4% 0.1%
Berkadia Commercial Mortgage $12,955,000 n/a 0.1%
Semper Home Loans, Inc $5,325,000 $12,735,000 139.2% 0.1%
BayCoast Bank $275,000 $12,560,000 4,467.3% 0.1%
RTN Federal Credit Union $7,875,000 $12,365,000 57.0% 0.1%
Eastern Savings Bank $4,185,000 $12,120,000 189.6% 0.1%
Hunt Mortgage Corporation $8,470,000 $12,090,000 42.7% 0.1%
First Home Mortgage $5,855,000 $11,830,000 102.0% 0.1%
Reliance First Capital LLC $6,635,000 $11,650,000 75.6% 0.1%
CMG Mortgage Inc. $3,215,000 $11,195,000 248.2% 0.1%
Home Loan Investment Bank $6,260,000 $11,110,000 77.5% 0.1%
American Bancshares Mortgage, LLC $7,980,000 $10,850,000 36.0% 0.1%
North American Savings Bank $8,675,000 $10,630,000 22.5% 0.1%
Prosperity Home Mortgage LLC $340,000 $10,575,000 3,010.3% 0.1%
Equity Prime Mortgage LLC $4,400,000 $10,480,000 138.2% 0.1%
Guidance Residential LLC $7,945,000 $10,310,000 29.8% 0.1%
Liberty Bank $6,610,000 $10,175,000 53.9% 0.1%
William Raveis Mortgage LLC $5,175,000 $10,150,000 96.1% 0.1%
The Washington Trust Company $2,770,000 $9,965,000 259.7% 0.1%
Barrington Bank & Trust $4,675,000 $9,935,000 112.5% 0.1%
PNC BANK NA $7,610,000 $9,890,000 30.0% 0.1%
East Bostyon Savings Bank $1,840,000 $9,130,000 396.2% 0.1%
BNC NATIONAL BANK $3,435,000 $8,905,000 159.2% 0.1%
Luxury Mortgage Corp. $4,315,000 $8,765,000 103.1% 0.1%
NJ Lenders Corp. $8,660,000 n/a 0.1%
CorePlus Federal Credit Union $1,595,000 $8,535,000 435.1% 0.1%
Homestead Funding Corp. $5,770,000 $8,375,000 45.1% 0.1%
Academy Mortgage Corporation $3,105,000 $8,275,000 166.5% 0.1%
Direct Federal Credit Union $4,005,000 $8,060,000 101.2% 0.1%
NBKC Bank $5,195,000 $8,060,000 55.1% 0.1%
FIRST NATIONAL BANK OF AMERICA $8,605,000 $8,050,000 -6.4% 0.1%
AimLoan.com $7,055,000 $8,020,000 13.7% 0.1%
Athol Credit Union $1,425,000 $7,985,000 460.4% 0.1%
Union Home Mortgage Company $7,850,000 n/a 0.1%
Dime Bank $3,315,000 $7,680,000 131.7% 0.1%
NETWORK FUNDING, L.P. $2,910,000 $7,585,000 160.7% 0.1%
FIRSTRUST BANK $12,035,000 $7,505,000 -37.6% 0.1%
RED MORTGAGE CAPITAL, LLC $7,505,000 n/a 0.1%
LenderFi, Inc. $265,000 $7,300,000 2,654.7% 0.1%
MutualOne Bank $4,835,000 $7,300,000 51.0% 0.1%
SoFi Lending Corp $195,000 $6,760,000 3,366.7% 0.1%
First Home Bank $1,275,000 $6,610,000 418.4% 0.1%
Farm Credit East ACA $1,315,000 $6,495,000 393.9% 0.1%
Harvard University Employee Credit Union $4,325,000 $6,450,000 49.1% 0.1%
Dedham Institution for Savings $2,315,000 $6,365,000 174.9% 0.1%
Greystone Servicing Corporation, Inc. $6,305,000 n/a 0.1%
Putnam Bank $21,065,000 $6,275,000 -70.2% 0.1%
Homeside Financial LLC $210,000 $6,255,000 2,878.6% 0.1%
Village Capital & Investment $975,000 $6,220,000 537.9% 0.1%
Patriot Community Bank $2,150,000 $6,110,000 184.2% 0.1%
First Federal Bank of Kansas City $1,230,000 $5,970,000 385.4% 0.1%
The Camden National Bank $3,860,000 $5,905,000 53.0% 0.0%
Monson Savings Bank $2,270,000 $5,875,000 158.8% 0.0%
Mortgage Lenders of America LLC $1,300,000 $5,780,000 344.6% 0.0%
KS StateBank $3,285,000 $5,695,000 73.4% 0.0%
Oceanside Mortgage Company $3,275,000 $5,415,000 65.3% 0.0%
Watermark Home Loans $3,070,000 $5,385,000 75.4% 0.0%
Westfield Bank $1,195,000 $5,320,000 345.2% 0.0%
UMassFive College Federal Credit Union $9,140,000 $5,220,000 -42.9% 0.0%
Needham Bank $2,455,000 $5,200,000 111.8% 0.0%
Northeast Home Loan LLC. $6,270,000 $5,145,000 -17.9% 0.0%
Chelsea Groton Bank $1,820,000 $5,120,000 181.3% 0.0%
Third Federal Savings and Loan $4,060,000 $4,955,000 22.0% 0.0%
Pentagon Federal Credit Union $1,595,000 $4,920,000 208.5% 0.0%
American Financial Resources Inc. $2,225,000 $4,815,000 116.4% 0.0%
Worcester Credit Union $2,030,000 $4,780,000 135.5% 0.0%
American Financing Corporation $2,405,000 $4,640,000 92.9% 0.0%
Grandbridge Real Est Capital $4,565,000 n/a 0.0%
Align Credit Union $4,630,000 $4,495,000 -2.9% 0.0%
Premia Mortgage, LLC $3,070,000 $4,340,000 41.4% 0.0%
Cambridge Trust Company $420,000 $4,255,000 913.1% 0.0%
CONWAY FINANCIAL SERVICES, LLC $965,000 $4,205,000 335.8% 0.0%
Ladera Lending, Inc. $1,180,000 $4,200,000 255.9% 0.0%
Magnolia Bank Incorporated $2,455,000 $4,160,000 69.5% 0.0%
UBS Bank USA $3,315,000 $4,000,000 20.7% 0.0%
Lenox Financial Mortgage Corp. $1,125,000 $3,940,000 250.2% 0.0%
Prime Choice Funding, Inc. $2,150,000 $3,940,000 83.3% 0.0%
Charles Schwab Bank $2,800,000 $3,935,000 40.5% 0.0%
Pawtucket Credit Union $3,680,000 $3,935,000 6.9% 0.0%
Discover Bank $2,985,000 $3,805,000 27.5% 0.0%
Reverse Mortgage Funding LLC $3,395,000 $3,770,000 11.0% 0.0%
Citibank, N.A. $2,570,000 $3,740,000 45.5% 0.0%
Arbor Realty Trust Inc $3,120,000 $3,705,000 18.8% 0.0%
Churchill Mortgage Corporation $2,060,000 $3,660,000 77.7% 0.0%
Greenwood Credit Union $705,000 $3,640,000 416.3% 0.0%
METROWEST COMMUNITY FEDERAL CREDIT UNION $2,425,000 $3,600,000 48.5% 0.0%
Mid-Island Mortgage Corp. $420,000 $3,560,000 747.6% 0.0%
First World Mortgage Corporation $2,735,000 $3,555,000 30.0% 0.0%
STONEHAMBANK - A CO-OPERATIVE $325,000 $3,505,000 978.5% 0.0%
TIAA, FSB $4,460,000 $3,455,000 -22.5% 0.0%
CSE Credit Union $2,995,000 $3,260,000 8.8% 0.0%
Branch Banking And Trust Co $3,010,000 $3,190,000 6.0% 0.0%
M&T Bank $175,000 $3,145,000 1,697.1% 0.0%
Lowell Five Cent Savings Bank $2,740,000 $3,140,000 14.6% 0.0%
MLD Mortgage Inc. $3,255,000 $3,100,000 -4.8% 0.0%
American Federal Mortgage Corp. $980,000 $3,060,000 212.2% 0.0%
IBM Southeast Employees Federal Credit Union $4,745,000 $3,010,000 -36.6% 0.0%
American Eagle Financial Credit Union Inc. $2,440,000 $2,945,000 20.7% 0.0%
Boston Private Bank & Trust Company $2,365,000 $2,945,000 24.5% 0.0%
ARVEST BANK $3,570,000 $2,930,000 -17.9% 0.0%
Norwood Co-operative Bank $1,350,000 $2,910,000 115.6% 0.0%
LendingHome Funding Corporation $1,125,000 $2,905,000 158.2% 0.0%
Bayshore Mortgage Funding LLC $1,615,000 $2,900,000 79.6% 0.0%
FirstBank $695,000 $2,900,000 317.3% 0.0%
North Shore Bank a Co-operative Bank $1,355,000 $2,895,000 113.7% 0.0%
LendSure Mortgage Corp $3,110,000 $2,845,000 -8.5% 0.0%
VanDyk Mortgage Corporation $335,000 $2,790,000 732.8% 0.0%
AmeriHomeMortgageCompany,LL $1,400,000 $2,770,000 97.9% 0.0%
Castle & Cooke Mortgage LLC $6,015,000 $2,695,000 -55.2% 0.0%
Morgan Stanley Private Bank NA $5,380,000 $2,690,000 -50.0% 0.0%
Better Mortgage Corporation $1,140,000 $2,655,000 132.9% 0.0%
LeaderOne Financial Corp. $615,000 $2,645,000 330.1% 0.0%
Contour Mortgage Corporation $400,000 $2,630,000 557.5% 0.0%
Rockland Federal Credit Union $2,555,000 $2,555,000 0.0% 0.0%
Merchants Bank of Indiana $2,550,000 n/a 0.0%
Parkside Lending LLC $1,830,000 $2,510,000 37.2% 0.0%
Goldwater Bank National Association $580,000 $2,480,000 327.6% 0.0%
CAPITAL BANK, NA $1,265,000 $2,445,000 93.3% 0.0%
DOLLAR BANK, FSB $1,080,000 $2,430,000 125.0% 0.0%
INSTITUTION FOR SAVINGS $7,315,000 $2,425,000 -66.8% 0.0%
Service Credit Union $880,000 $2,290,000 160.2% 0.0%
American Nationwide Mortgage Company $3,010,000 $2,280,000 -24.3% 0.0%
Milend Inc. $2,460,000 $2,255,000 -8.3% 0.0%
Brookline Bank $2,115,000 $2,220,000 5.0% 0.0%
Homespire Mortgage Corporation $365,000 $2,210,000 505.5% 0.0%
LendUS LLC dba RPM Mortgage $385,000 $2,190,000 468.8% 0.0%
MountainOne Bank $395,000 $2,175,000 450.6% 0.0%
Land Home Financial Services Inc. $1,135,000 $2,170,000 91.2% 0.0%
First Internet Bank $440,000 $2,160,000 390.9% 0.0%
Equitable Bank $145,000 $2,100,000 1,348.3% 0.0%
FBC Mortgage LLC $1,890,000 $2,100,000 11.1% 0.0%
Ark-La-Tex Financial Services LLC $1,390,000 $2,080,000 49.6% 0.0%
United Nations Federal Credit Union $2,065,000 n/a 0.0%
The People's Credit Union $1,380,000 $2,055,000 48.9% 0.0%
Prudential Multifamily Mortgage, LLC. $26,325,000 $1,905,000 -92.8% 0.0%
Salem Five Cents Savings Bank $2,115,000 $1,895,000 -10.4% 0.0%
Finance of America Commercial LLC $2,705,000 $1,850,000 -31.6% 0.0%
Mansfield Co-operative Bank $1,780,000 n/a 0.0%
PLUS RELOCATION MORTGAGE, LLC $1,780,000 n/a 0.0%
TCF National Bank $2,100,000 $1,780,000 -15.2% 0.0%
Bank Rhode Island $2,670,000 $1,760,000 -34.1% 0.0%
Republic State Mortgage Co. $540,000 $1,720,000 218.5% 0.0%
Sirva Mortgage Inc. $1,105,000 $1,695,000 53.4% 0.0%
MMS Mortgage Services, Ltd $175,000 $1,690,000 865.7% 0.0%
Triumph Bank $1,055,000 $1,685,000 59.7% 0.0%
Sharon Credit Union $1,015,000 $1,665,000 64.0% 0.0%
UIF Corporation $1,260,000 $1,645,000 30.6% 0.0%
Nations Direct Mortgage LLC $895,000 $1,640,000 83.2% 0.0%
City of Boston Credit Union $1,625,000 n/a 0.0%
Tremont Credit Union $205,000 $1,610,000 685.4% 0.0%
Admiral's Bank $380,000 $1,590,000 318.4% 0.0%
Hometown Lenders LLC $1,590,000 n/a 0.0%
Mid America Mortgage Inc. $1,580,000 n/a 0.0%
Supreme Lending/ Everett Financial Inc. $2,030,000 $1,535,000 -24.4% 0.0%
USAlliance Federal Credit Union $3,570,000 $1,535,000 -57.0% 0.0%
Hometown Equity Mortgage LLC $295,000 $1,440,000 388.1% 0.0%
Axos Bank $1,400,000 n/a 0.0%
New England Federal Credit Union $880,000 $1,395,000 58.5% 0.0%
Alden Credit Union $1,390,000 n/a 0.0%
Farmers Bank & Trust $1,375,000 n/a 0.0%
OCEAN STATE CREDIT UNION $1,135,000 $1,370,000 20.7% 0.0%
Reading Co-Operative Bank $590,000 $1,350,000 128.8% 0.0%
East Cambridge Savings Bank $1,425,000 $1,335,000 -6.3% 0.0%
Franklin Mint Federal Credit Union $1,330,000 n/a 0.0%
The Cape Cod Five Cents Savings Bank $4,485,000 $1,325,000 -70.5% 0.0%
PeoplesBank $940,000 $1,320,000 40.4% 0.0%
LendingOne LLC $1,570,000 $1,315,000 -16.2% 0.0%
Finance of America Reverse LLC $1,695,000 $1,300,000 -23.3% 0.0%
First Technology Credit Union $1,295,000 n/a 0.0%
NewDay Financial LLC dba NewDay USA $6,565,000 $1,290,000 -80.4% 0.0%
BOKF NA $2,260,000 $1,280,000 -43.4% 0.0%
First Choice Loan Services Inc. $17,915,000 $1,275,000 -92.9% 0.0%
MassMutual Federal Credit Unio $375,000 $1,275,000 240.0% 0.0%
Foxboro Federal Savings $2,715,000 $1,270,000 -53.2% 0.0%
Intercontinental Capital Group, Inc. $790,000 $1,255,000 58.9% 0.0%
POLARIS HOME FUNDING CORP $740,000 $1,245,000 68.2% 0.0%
Sun West Mortgage Company Inc. $1,230,000 n/a 0.0%
TJC Mortgage, Inc. $1,220,000 n/a 0.0%
Mid-Continent Funding, Inc. $955,000 $1,185,000 24.1% 0.0%
The Savings Bank $500,000 $1,185,000 137.0% 0.0%
US Wide Financial $1,175,000 n/a 0.0%
METROPOLITAN HOME MORTGAGE $1,595,000 $1,170,000 -26.6% 0.0%
American Finance House Lariiba $1,165,000 n/a 0.0%
Weichert Financial Services $530,000 $1,155,000 117.9% 0.0%
Easthampton Savings Bank $1,060,000 $1,150,000 8.5% 0.0%
Northmark Bank $255,000 $1,135,000 345.1% 0.0%
Planet Home Lending LLC $135,000 $1,120,000 729.6% 0.0%
Quorum Federal Credit Union $665,000 $1,110,000 66.9% 0.0%
PHH MORTGAGE CORPORATION $295,000 $1,105,000 274.6% 0.0%
myCUmortgage LLC $1,100,000 n/a 0.0%
BankNewport $1,045,000 n/a 0.0%
Velocity Commercial Capital LLC $1,880,000 $1,040,000 -44.7% 0.0%
Deere Employees Credit Union $1,025,000 n/a 0.0%
First Community Mortgage Inc. $1,020,000 n/a 0.0%
Walpole Co-operative Bank $480,000 $1,010,000 110.4% 0.0%
Capital Mortgage Services of Texas $970,000 n/a 0.0%
Southern Mass Credit Union $255,000 $955,000 274.5% 0.0%
Union Savings Bank $955,000 n/a 0.0%
Amalgamated Bank $395,000 $935,000 136.7% 0.0%
Bar Harbor Bank & Trust $215,000 $920,000 327.9% 0.0%
Scient Federal Credit Union $285,000 $905,000 217.5% 0.0%
Freedom Credit Union $670,000 $900,000 34.3% 0.0%
Merrimack County Savings Bank $895,000 n/a 0.0%
Dominion Financial Services $350,000 $890,000 154.3% 0.0%
RiverWorks Credit Union $885,000 n/a 0.0%
AMERIS BANK $875,000 n/a 0.0%
Hancock Mortgage Partners LLC $780,000 $860,000 10.3% 0.0%
Meridian Bank $580,000 $850,000 46.6% 0.0%
Century Bank $2,465,000 $840,000 -65.9% 0.0%
Goldman Sachs Bank USA $805,000 n/a 0.0%
Silver Hill Funding, LLC $2,065,000 $805,000 -61.0% 0.0%
WSFS Bank $1,410,000 $805,000 -42.9% 0.0%
RBC Bank (Georgia), N.A. $395,000 $800,000 102.5% 0.0%
Cf Bank National Association $450,000 $780,000 73.3% 0.0%
Stifel Bank and Trust $775,000 n/a 0.0%
Bank-Fund Staff Federal Credit Union $425,000 $750,000 76.5% 0.0%
Peoples Bank $715,000 $750,000 4.9% 0.0%
Cape Ann Saving sBank $245,000 $730,000 198.0% 0.0%
Canton Cooperative Bank $245,000 $715,000 191.8% 0.0%
Wakefield Co-operative Bank $405,000 $710,000 75.3% 0.0%
Community Credit Union of Lynn $235,000 $705,000 200.0% 0.0%
Metro City Bank $215,000 $700,000 225.6% 0.0%
Nationwide Mortgage Bankers Inc. $175,000 $695,000 297.1% 0.0%
Ruoff Home Mortgage $675,000 n/a 0.0%
Washington Savings Bank $2,075,000 $670,000 -67.7% 0.0%
Alliant Credit Union $655,000 $665,000 1.5% 0.0%
Reliant Bank $665,000 n/a 0.0%
Family First Funding LLC $660,000 n/a 0.0%
Mortgage Markets CUSO, LLC $610,000 $655,000 7.4% 0.0%
Plains Commerce Bank $655,000 n/a 0.0%
Quincy Credit Union $440,000 $655,000 48.9% 0.0%
Northeast Family FCU $710,000 $650,000 -8.5% 0.0%
Consumers Credit Union $635,000 n/a 0.0%
Sunflower Bank, N.A. $225,000 $630,000 180.0% 0.0%
Ivy Mortgage, Inc. $445,000 $620,000 39.3% 0.0%
HSBC BANK USA, NA $615,000 n/a 0.0%
CENTERSTATE BANK N.A. $350,000 $610,000 74.3% 0.0%
CIT BANK N.A. $910,000 $605,000 -33.5% 0.0%
Lakeview Community Capital, LLC $605,000 n/a 0.0%
Colonial Savings $175,000 $600,000 242.9% 0.0%
Stafford Savings Bank $645,000 $600,000 -7.0% 0.0%
BNY MELLON, N.A. $595,000 n/a 0.0%
Silicon Valley Bank $595,000 n/a 0.0%
Longbridge Financial, LLC $685,000 $590,000 -13.9% 0.0%
South Shore Bank $4,880,000 $580,000 -88.1% 0.0%
Quontic Bank $675,000 $565,000 -16.3% 0.0%
Wings Financial Credit Union $565,000 n/a 0.0%
James B. Nutter & Company $560,000 n/a 0.0%
Liberty Bay Credit Union $1,830,000 $560,000 -69.4% 0.0%
Paramount Bank $630,000 $555,000 -11.9% 0.0%
Anheuser Busch Employees Credit Union $550,000 n/a 0.0%
Allied First BankSB $255,000 $540,000 111.8% 0.0%
MIT Federal Credit Union $565,000 $535,000 -5.3% 0.0%
Winter Hill Bank FSB $475,000 $535,000 12.6% 0.0%
COMPASS BANK $525,000 n/a 0.0%
Florida Capital Bank National Association $1,180,000 $520,000 -55.9% 0.0%
Credit Union Mortgage Association Inc. $505,000 $515,000 2.0% 0.0%
Cstone Mortgage Inc $515,000 n/a 0.0%
EagleBank $515,000 n/a 0.0%
Greylock Federal Credit Union $700,000 $515,000 -26.4% 0.0%
Fidelity Bank $155,000 $500,000 222.6% 0.0%
Justice Federal Credit Union $500,000 n/a 0.0%
FREEDOM BANK OF VIRGINIA $495,000 n/a 0.0%
Merrimack Valley Federal Credit Union $460,000 $485,000 5.4% 0.0%
Polish National Credit Union $855,000 $485,000 -43.3% 0.0%
Winchester Co-Operative Bank $225,000 $485,000 115.6% 0.0%
Wyndham Capital Mortgage $295,000 $475,000 61.0% 0.0%
Fortress Bank $445,000 n/a 0.0%
First State Bank Of St. Charles Missouri $445,000 $435,000 -2.2% 0.0%
Guilford Savings Bank $65,000 $430,000 561.5% 0.0%
Newtown Savings Bank $435,000 $425,000 -2.3% 0.0%
Congressional Federal Credit Union $195,000 $405,000 107.7% 0.0%
Greater Springfield Credit Union $405,000 n/a 0.0%
York Traditions Bank $405,000 n/a 0.0%
Pioneer Valley Federal Credit Union $400,000 n/a 0.0%
TRIANGLE CREDIT UNION $600,000 $400,000 -33.3% 0.0%
Capitol Federal Savings Bank $395,000 n/a 0.0%
First Bank Financial Centre $395,000 n/a 0.0%
Boston Firefighters CU $570,000 $390,000 -31.6% 0.0%
Purdue Federal Credit Union $385,000 n/a 0.0%
Waterstone Mortgage Corp $1,265,000 $385,000 -69.6% 0.0%
The Cooperative Bank of Cape Cod $380,000 n/a 0.0%
Marthas Vineyard Savings Bank $375,000 n/a 0.0%
Bethpage Federal Credit Union $950,000 $370,000 -61.1% 0.0%
Rhode Island Credit Union $335,000 $370,000 10.4% 0.0%
Logix Federal Credit Union $365,000 n/a 0.0%
AGFIRST FARM CREDIT BANK $355,000 n/a 0.0%
Watertown Savings Bank $545,000 $355,000 -34.9% 0.0%
The Milford Bank $350,000 n/a 0.0%
Toyota Financial Savings Bank $165,000 $345,000 109.1% 0.0%
Holyoke Credit Union $275,000 $340,000 23.6% 0.0%
Everett Co-Operative Bank $335,000 n/a 0.0%
Community First National Bank $335,000 $325,000 -3.0% 0.0%
Ixonia Bank $325,000 n/a 0.0%
Low VA Rates $315,000 n/a 0.0%
Stoughton Co-operative Bank $480,000 $315,000 -34.4% 0.0%
NASA Federal Credit Union $35,000 $305,000 771.4% 0.0%
Northern Mortgage Services, LLC $565,000 $305,000 -46.0% 0.0%
Nutmeg State FCU $280,000 $305,000 8.9% 0.0%
Homestar Mortgage Inc. $295,000 n/a 0.0%
Middlesex Federal Savings $295,000 n/a 0.0%
Fifth Third Bank $175,000 $285,000 62.9% 0.0%
North Easton Savings Bank $295,000 $275,000 -6.8% 0.0%
SPRING EQ, LLC $35,000 $275,000 685.7% 0.0%
DUTCH POINT CU $35,000 $260,000 642.9% 0.0%
LIMA ONE CAPITAL, LLC $540,000 $260,000 -51.9% 0.0%
Kwik Mortgage Corp. $255,000 n/a 0.0%
Bay Valley Mortgage Group DBA Pacific Bay Lending Group $250,000 n/a 0.0%
AAG $265,000 $245,000 -7.5% 0.0%
American Pacific Mortgage Corporation $225,000 $245,000 8.9% 0.0%
Newburyport Five Cents Savings Bank $1,080,000 $245,000 -77.3% 0.0%
WESTERN VISTA FEDERAL CREDIT U $245,000 n/a 0.0%
Winchester Savings Bank $185,000 $245,000 32.4% 0.0%
Finex Credit Union $140,000 $240,000 71.4% 0.0%
Hartford Federal Credit Union $70,000 $240,000 242.9% 0.0%
Cherry Creek Mortgage Co. Inc. $235,000 n/a 0.0%
Wellesley Bank $145,000 $235,000 62.1% 0.0%
INOVA Federal Credit Union $225,000 n/a 0.0%
Mechanics Cooperative Bank $225,000 n/a 0.0%
Republic Bank & Trust Company $225,000 n/a 0.0%
MidFirst Bank $155,000 $220,000 41.9% 0.0%
Mortgage Unlimited LLC $215,000 n/a 0.0%
United Mortgage Corp $255,000 $215,000 -15.7% 0.0%
WESTERLY COMMUNITY CREDIT UNION $685,000 $215,000 -68.6% 0.0%
BLUELEAF LENDING, LLC $205,000 n/a 0.0%
DEVON BANK $205,000 $205,000 0.0% 0.0%
Wave Federal Credit Union $315,000 $200,000 -36.5% 0.0%
Athas Capital Group $155,000 $195,000 25.8% 0.0%
Greenfield Savings Bank $195,000 n/a 0.0%
Lee Bank $185,000 n/a 0.0%
Signature Federal Credit Union $185,000 $185,000 0.0% 0.0%
The Pittsfield Co-operative Bank $185,000 n/a 0.0%
Blackstone River FCU $225,000 $180,000 -20.0% 0.0%
Secured Investment Corp $180,000 n/a 0.0%
Hingham Institution for Savings $6,480,000 $175,000 -97.3% 0.0%
RF Renovo Management Company, LLC $175,000 n/a 0.0%
The Home Loan Expert $175,000 n/a 0.0%
Torrington Savings Bank $175,000 n/a 0.0%
Greentree Mortgage Company, L.P. $165,000 n/a 0.0%
Level One Bank $165,000 n/a 0.0%
Savings Bank of Danbury $165,000 n/a 0.0%
Citizens Equity First Credit Union (CEFCU) $155,000 n/a 0.0%
THE CENTRAL TRUST BANK $155,000 n/a 0.0%
Arrha Credit Union $215,000 $145,000 -32.6% 0.0%
Bank Independent $145,000 n/a 0.0%
Industrial and Commercial Bank of China (USA) NA $145,000 n/a 0.0%
Meredith Village Savings Bank $145,000 n/a 0.0%
Northwest Community Bank $315,000 $145,000 -54.0% 0.0%
360 Federal Credit Union $220,000 $140,000 -36.4% 0.0%
LoanPal $410,000 $135,000 -67.1% 0.0%
Texana Bank, N.A. $135,000 n/a 0.0%
Guild Mortgage Company $125,000 n/a 0.0%
NBT Bank NA $9,595,000 $115,000 -98.8% 0.0%
Taunton Federal Credit Union $115,000 n/a 0.0%
First Credit Corporation $110,000 n/a 0.0%
Corning Federal Credit Union $105,000 n/a 0.0%
Corporate America Family CU $105,000 n/a 0.0%
Seasons Federal Credit Union $105,000 n/a 0.0%
First Western Federal Savings Bank $95,000 n/a 0.0%
Interstate Home Loan Center Inc. $95,000 n/a 0.0%
Fairfield County Bank $75,000 n/a 0.0%
LUSO Federal Credit Union $75,000 n/a 0.0%
Northwest Federal Credit Union $25,000 $65,000 160.0% 0.0%
Tower Federal Credit Union $230,000 $65,000 -71.7% 0.0%
Triad Financial Services Inc $65,000 n/a 0.0%
Altra Federal Credit Union $55,000 n/a 0.0%
Connexus Credit Union $155,000 $55,000 -64.5% 0.0%
21ST MORTGAGE $45,000 n/a 0.0%
Chartway Federal Credit Unon $45,000 n/a 0.0%

WORCESTER's top lender by overall market share is Quicken Loans, with 6.8% market share. In second place, with 4.9%, is FAIRWAY INDEPENDENT MORT CORP, having originated $579,750,000 in loans. In third place, with 3.3%, is United Shore Financial Services LLC, having originated $393,635,000 in loans. In third place, with 2.8%, is RESIDENTIAL MORTGAGE SERVICES, having originated $332,725,000 in loans. In third place, with 2.5%, is Freedom Mortgage Corporation, having originated $301,725,000 in loans.


WORCESTER, MA-CT Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Refi 20,116 $5,471,370,000 $271,991
Home Purchase 13,944 $4,177,410,000 $299,585
Cash Out Refi 7,944 $2,006,740,000 $252,611
Home Improvement 1,531 $151,805,000 $99,154
Other 951 $109,275,000 $114,905
NA 3 $845,000 $281,667

Worcester's most frequently cited loan purpose was Refi, with 20,116 originations. The 2nd most popular reason was Home Purchase, with 13,944 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
3-4% 17,176 $4,713,120,000 $274,401
2.5-3% 14,776 $4,195,180,000 $283,919
<2.5% 3,577 $970,435,000 $271,299
4-5% 2,123 $434,455,000 $204,642
5-6% 455 $54,005,000 $118,692
6-7% 179 $15,605,000 $87,179
Over 8% 99 $10,915,000 $110,253
7-8% 91 $10,935,000 $120,165

During 2020, Worcester's most frequently originated rate bucket was 3-4%, with 17,176 originations.

Loan Sizing (WORCESTER, MA-CT MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 24,786 $7,006,810,000 $282,692
$100k-200k 10,838 $1,704,630,000 $157,283
$400k-600k 4,801 $2,230,845,000 $464,663
$100,000 or less 3,372 $177,100,000 $52,521
$600k-1000k 581 $412,155,000 $709,389
$Over $1MM 111 $385,905,000 $3,476,622

WORCESTER's loan sizing saw the bucket of loans from $200k-400k with 24,786 originations, totaling $7,006,810,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 14,064 $4,229,990,000 $300,767
80-100% 13,155 $3,968,355,000 $301,661
40-60% 5,650 $1,383,720,000 $244,906
20-40% 2,059 $281,685,000 $136,807
Under 20% 1,802 $92,230,000 $51,182
Over 100% 291 $96,395,000 $331,254

WORCESTER's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 14,064 originations, totaling $4,229,990,000 in origination value.