Get & compare mortgage quotes anonymously Start in My Home
WSB
Unclaimed

Watertown Savings Bank

Bank•Watertown, NYHQ•Direct•Reviews near you on Google

Watertown Savings Bank has 111 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
Sound
3/5
Conventional
Place
Exceptional
5/5
Single State · 1 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Safe Rate Awards
Refinance Champion
Refinance
Champion
Conventional Superstar
Conventional
Superstar
Purchase Superstar
Purchase
Superstar

Safe Rate Summary

What They Do Well

  • Offers rates 11.30 basis points below market average
  • Lower than average lender fees

Explore another lender or local market

Report Card

Watertown Savings Bank performance at a glance

Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Exceptional
Rates 11.3 bps below market avg
5/5
Pull Through
Closing strength
Sound
Top 60% of lenders
3/5
By Loan Product· Specialization by type
Conventional
107 loans · 0.09% below market
Sound
Top 60% of lenders
3/5
By Loan Purpose· Transaction purpose mix
Purchase
84 loans · 0.13% below market
Sound
Top 60% of lenders
3/5
Refinance
27 loans · 0.05% below market
Sound
Top 60% of lenders
3/5
By Location· Geographic coverage
Geographic Reach
Single State · 2 markets
Strong
Top 40% of lenders
4/5

Loan Product Performance

Performance by Loan Product

Conventional
Overall
Strong
Product
Sound
Pricing
Exceptional
Pull Through
Exceptional
Volume107
Mix96.4%
Spread
-0.090%Below
Fees
$104Fees

Loan Purpose Performance

Performance by Loan Purpose

Purchase
Overall
Strong
Product
Sound
Pricing
Strong
Pull Through
Strong
Volume84
Mix75.7%
Spread
-0.133%Below
Fees
$212Fees
Refinance
Overall
Exceptional
Product
Sound
Pricing
Exceptional
Pull Through
Exceptional
Volume27
Mix24.3%
Spread
-0.054%Below
Fees
$143Credit

At a Glance

Lender Overview

Lending Activity
Loans Originated
111
Applications
128
Volume
$29 million
Pricing & Closing
Avg Rate Spread
-0.113%
vs. market APOR
Avg Net Fees
$121
Origination − Credits
Pullthrough Rate
86.7%
Applications → Closed
Typical Borrower
Avg Loan Amount
$264,820
Avg Borrower Income
$196,000
Avg Property Value
$397,432

Geographic Coverage

Geographic Performance

Metro Areas
1
markets with activity
States Served
1
of 50 states + DC
Avg Place Specialization
Exceptional
5/5

States with Loan Originations

1Full-year 2024 · HMDA
1 states with loan originations
Loans originated
< 100100+None
Northeast1
NY

Top Metro Areas by Place Specialization Score

1© Wiley.andrew.r · CC BY 4.0
Watertown, NYMetro
Volume 91Mix 81.98% of portfolio
98/100
Exceptional

Top States by Place Specialization Score

New York
New York
1
New YorkState
Volume 111Mix 100.00% of portfolio
70/100
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.

Looking for a different lender?

Are you the owner of Watertown Savings Bank?

Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.

Claim this Profile
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.