What loan types does Merrimack Valley offer?

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

Where does Merrimack Valley offer mortgages?

Merrimack Valley offers mortgages in 6 states: CT, MA, ME, NH, VA, VT.

How competitive are Merrimack Valley's mortgage rates?

Merrimack Valley has an overall pricing score of 80.6/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Merrimack Valley?

Merrimack Valley is a Credit Union headquartered in Lawrence, MA.

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Merrimack Valley

Credit Union•Lawrence, MAHQ•Direct•Reviews near you on Google

Merrimack Valley has 190 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

Sound

3/5

closing strength

Product

Strong

4/5

Conventional · Jumbo

Place

Strong

4/5

Multi-Region · 4 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Awards

Conventional

Superstar

Jumbo

Superstar

Summary

What They Do Well

Offers rates 30.20 basis points below market average
Lower than average lender fees

Explore another lender or local market

Report Card

Merrimack Valley performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Exceptional

Rates 30.2 bps below market avg

5/5

Pull Through

Closing strength

Sound

Top 60% of lenders

3/5

By Loan Product· Specialization by type

Conventional

160 loans · 0.26% below market

Sound

Top 60% of lenders

3/5

Jumbo

30 loans · 0.50% below market

Strong

Top 40% of lenders

4/5

By Loan Purpose· Transaction purpose mix

Purchase

164 loans · 0.31% below market

Sound

Top 60% of lenders

3/5

Refinance

26 loans · 0.27% below market

Acceptable

Bottom 40% of lenders

2/5

By Location· Geographic coverage

Geographic Reach

Multi-Regional · 5 markets

Sound

Top 60% of lenders

3/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Sound	Exceptional	Sound	160	84.2%	-0.264%Below	$352Fees
Jumbo Loans	Strong	Strong	Exceptional	Strong	30	15.8%	-0.500%Below	$558Fees

Conventional

Overall

Sound

Product

Sound

Pricing

Exceptional

Pull Through

Sound

Volume160

Mix84.2%

Spread

-0.264%Below

Fees

$352Fees

Jumbo Loans

Overall

Strong

Product

Strong

Pricing

Exceptional

Pull Through

Strong

Volume30

Mix15.8%

Spread

-0.500%Below

Fees

$558Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Sound	Exceptional	Sound	164	86.3%	-0.306%Below	$337Fees
Refinance	Sound	Acceptable	Strong	Strong	26	13.7%	-0.272%Below	$699Fees

Purchase

Overall

Sound

Product

Sound

Pricing

Exceptional

Pull Through

Sound

Volume164

Mix86.3%

Spread

-0.306%Below

Fees

$337Fees

Refinance

Overall

Sound

Product

Acceptable

Pricing

Strong

Pull Through

Strong

Volume26

Mix13.7%

Spread

-0.272%Below

Fees

$699Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

190

Applications

235

Volume

$113 million

Pricing & Closing

Avg Rate Spread

-0.302%

vs. market APOR

Avg Net Fees

$385

Origination − Credits

Pullthrough Rate

80.9%

Applications → Closed

Typical Borrower

Avg Loan Amount

$597,000

Avg Borrower Income

$253,711

Avg Property Value

$835,105

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

6Full-year 2024 · HMDA

Loans originated

< 5050+None

Northeast5

CTMEMANHVT

South1

Top Metro Areas by Place Specialization Score

Cambridge, MAMetro

Volume 81Mix 42.63% of portfolio

71/100

Strong

Boston, MAMetro

Volume 35Mix 18.42% of portfolio

61/100

Strong

Rockingham County, NHMetro

Volume 25Mix 13.16% of portfolio

60/100

Strong

Worcester, MAMetro

Volume 17Mix 8.95% of portfolio

54/100

Sound

Top States by Place Specialization Score

MassachusettsState

Volume 141Mix 74.21% of portfolio

72/100

Strong

New HampshireState

Volume 39Mix 20.53% of portfolio

62/100

Strong

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.