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The Bank of Canton

BankCanton, MAHQDirectReviews near you on Google

The Bank of Canton has 193 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Safe Rate 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

Safe Rate Summary

What They Do Well

  • Competitive pricing compared to the market
  • Lower than average lender fees

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Report Card

The Bank of Canton performance at a glance

Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Exceptional
+6.9 bps above market avg
5/5
Pull Through
Closing strength
Sound
Top 60% of lenders
3/5
By Loan Product· Specialization by type
Conventional
180 loans · 0.06% above market
Sound
Top 60% of lenders
3/5
Jumbo
13 loans · 0.21% above market
Strong
Top 40% of lenders
4/5
By Loan Purpose· Transaction purpose mix
Purchase
163 loans · 0.07% above market
Sound
Top 60% of lenders
3/5
Refinance
30 loans · 0.04% above market
Sound
Top 60% of lenders
3/5
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 4 markets
Strong
Top 40% of lenders
4/5

Loan Product Performance

Performance by Loan Product

Conventional
Overall
Sound
Product
Sound
Pricing
Exceptional
Pull Through
Sound
Volume180
Mix93.3%
Spread
+0.059%Above
Fees
$512Fees
Jumbo Loans
Overall
Sound
Product
Strong
Pricing
Pull Through
Sound
Volume13
Mix6.7%
Spread
+0.208%Above
Fees
$486Credit

Loan Purpose Performance

Performance by Loan Purpose

Purchase
Overall
Sound
Product
Sound
Pricing
Exceptional
Pull Through
Sound
Volume163
Mix84.5%
Spread
+0.075%Above
Fees
$718Fees
Refinance
Overall
Sound
Product
Sound
Pricing
Exceptional
Pull Through
Sound
Volume30
Mix15.5%
Spread
+0.039%Above
Fees
$1,034Credit

At a Glance

Lender Overview

Lending Activity
Loans Originated
193
Applications
256
Volume
$96 million
Pricing & Closing
Avg Rate Spread
+0.069%
vs. market APOR
Avg Net Fees
$444
Origination − Credits
Pullthrough Rate
75.4%
Applications → Closed
Typical Borrower
Avg Loan Amount
$498,420
Avg Borrower Income
$208,062
Avg Property Value
$792,617

Geographic Coverage

Geographic Performance

Metro Areas
4
markets with activity
States Served
7
of 50 states + DC
Avg Place Specialization
Strong
4/5

States with Loan Originations

7Full-year 2024 · HMDA
7 states with loan originations
Loans originated
All statesNone
Northeast5
MEMANHRIVT
South2
FLMD

Top Metro Areas by Place Specialization Score

Volume 87Mix 45.08% of portfolio
73/100
Strong
Volume 31Mix 16.06% of portfolio
64/100
Strong
Volume 44Mix 22.80% of portfolio
63/100
Strong
4© Macaolards · CC BY-SA 4.0
Providence, RI-MAMetro
Volume 14Mix 7.25% of portfolio
48/100
Sound

Top States by Place Specialization Score

Massachusetts
Massachusetts
1
MassachusettsState
Volume 181Mix 93.78% of portfolio
75/100
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
Champion(80%+ = 40-50 points)
Superstar
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.