What loan types does Chelsea Groton Bank offer?

Chelsea Groton Bank offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing score and performance metrics.

Where does Chelsea Groton Bank offer mortgages?

Chelsea Groton Bank offers mortgages in 2 states: CT, RI.

How competitive are Chelsea Groton Bank's mortgage rates?

Chelsea Groton Bank has an overall pricing score of 93/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Chelsea Groton Bank?

Chelsea Groton Bank is a Bank headquartered in Groton, CT.

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Chelsea Groton Bank

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Chelsea Groton Bank has 250 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Exceptional

5/5

vs. all lenders

Pull-through

Strong

4/5

closing strength

Product

Strong

4/5

Conventional · Jumbo

Place

Strong

4/5

Regional · 3 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Awards

Conventional

Superstar

Purchase

Superstar

Refinance

Superstar

Summary

What They Do Well

Offers rates 1.50 basis points below market average
Lower than average lender fees
Strong pull through performance

Explore another lender or local market

Report Card

Chelsea Groton Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Exceptional

Rates 1.5 bps below market avg

5/5

Pull Through

Closing strength

Strong

Top 40% of lenders

4/5

By Loan Product· Specialization by type

Conventional

239 loans · 0.02% below market

Strong

Top 40% of lenders

4/5

Jumbo

11 loans · 0.04% above market

Sound

Top 60% of lenders

3/5

By Loan Purpose· Transaction purpose mix

Purchase

224 loans · 0.03% below market

Sound

Top 60% of lenders

3/5

Refinance

26 loans · 0.08% above market

Sound

Top 60% of lenders

3/5

By Location· Geographic coverage

Geographic Reach

Regional · 3 markets

Strong

Top 40% of lenders

4/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Strong	Strong	Exceptional	Strong	239	95.6%	-0.016%Below	$319Fees
Jumbo Loans	Sound	Sound	—	—	11	4.4%	+0.041%Above	$615Fees

Conventional

Overall

Strong

Product

Strong

Pricing

Exceptional

Pull Through

Strong

Volume239

Mix95.6%

Spread

-0.016%Below

Fees

$319Fees

Jumbo Loans

Overall

Sound

Product

Sound

Pricing—

Pull Through—

Volume11

Mix4.4%

Spread

+0.041%Above

Fees

$615Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Strong	Sound	Exceptional	Sound	224	89.6%	-0.028%Below	$320Fees
Refinance	Strong	Sound	Strong	Strong	26	10.4%	+0.078%Above	$337Fees

Purchase

Overall

Strong

Product

Sound

Pricing

Exceptional

Pull Through

Sound

Volume224

Mix89.6%

Spread

-0.028%Below

Fees

$320Fees

Refinance

Overall

Strong

Product

Sound

Pricing

Strong

Pull Through

Strong

Volume26

Mix10.4%

Spread

+0.078%Above

Fees

$337Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

250

Applications

365

Volume

$101 million

Pricing & Closing

Avg Rate Spread

-0.015%

vs. market APOR

Avg Net Fees

$322

Origination − Credits

Pullthrough Rate

68.5%

Applications → Closed

Typical Borrower

Avg Loan Amount

$406,240

Avg Borrower Income

$180,168

Avg Property Value

$564,240

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

2Full-year 2024 · HMDA

Loans originated

< 1010+None

Northeast2

CTRI

Top Metro Areas by Place Specialization Score

Norwich, CTMetro

Volume 103Mix 41.20% of portfolio

96/100

Exceptional

Hartford, CTMetro

Volume 113Mix 45.20% of portfolio

78/100

Strong

Providence, RI-MAMetro

Volume 12Mix 4.80% of portfolio

45/100

Sound

Top States by Place Specialization Score

ConnecticutState

Volume 238Mix 95.20% of portfolio

81/100

Exceptional

Rhode IslandState

Volume 12Mix 4.80% of portfolio

46/100

Sound

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts

Pricing

How competitively a lender prices vs. the market benchmark (20%).

10/ 50 pts

Product

Performance on your specific loan type (20%).

10/ 50 pts

Pull Through

How reliably a lender closes the loans it starts (20%).

10/ 50 pts

Place

Depth of a lender's expertise in your local market (20%).

10/ 50 pts

Promptness

How quickly a lender answers real quote requests — blended in once they respond (20%).

Champion(80%+ = 40-50 points)

Superstar(60-79% = 30-39 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.