What loan types does Westfield Bank offer?

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

Where does Westfield Bank offer mortgages?

Westfield Bank offers mortgages in 6 states: CT, MA, ME, NH, RI, VT.

How competitive are Westfield Bank's mortgage rates?

Westfield Bank has an overall pricing score of 84.4/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Westfield Bank?

Westfield Bank is a Bank headquartered in Westfield, MA.

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Westfield Bank

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Westfield Bank has 359 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

Place

Strong

4/5

Multi-Region · 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 2.80 basis points below market average
Lower than average lender fees
Strong pull through performance

Explore another lender or local market

Report Card

Westfield Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Exceptional

Rates 2.8 bps below market avg

5/5

Pull Through

Closing strength

Strong

Top 40% of lenders

4/5

By Loan Product· Specialization by type

Conventional

355 loans · 0.03% below market

Strong

Top 40% of lenders

4/5

By Loan Purpose· Transaction purpose mix

Purchase

299 loans · 0.07% below market

Strong

Top 40% of lenders

4/5

Refinance

60 loans · 0.20% above market

Strong

Top 40% of lenders

4/5

By Location· Geographic coverage

Geographic Reach

Multi-Regional · 4 markets

Strong

Top 40% of lenders

4/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Strong	Strong	Exceptional	Strong	355	98.9%	-0.028%Below	$969Fees

Conventional

Overall

Strong

Product

Strong

Pricing

Exceptional

Pull Through

Strong

Volume355

Mix98.9%

Spread

-0.028%Below

Fees

$969Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Strong	Strong	Exceptional	Strong	299	83.3%	-0.069%Below	$989Fees
Refinance	Sound	Strong	Acceptable	Exceptional	60	16.7%	+0.196%Above	$864Fees

Purchase

Overall

Strong

Product

Strong

Pricing

Exceptional

Pull Through

Strong

Volume299

Mix83.3%

Spread

-0.069%Below

Fees

$989Fees

Refinance

Overall

Sound

Product

Strong

Pricing

Acceptable

Pull Through

Exceptional

Volume60

Mix16.7%

Spread

+0.196%Above

Fees

$864Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

359

Applications

439

Volume

$116 million

Pricing & Closing

Avg Rate Spread

-0.028%

vs. market APOR

Avg Net Fees

$969

Origination − Credits

Pullthrough Rate

81.8%

Applications → Closed

Typical Borrower

Avg Loan Amount

$324,387

Avg Borrower Income

$141,627

Avg Property Value

$439,513

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

Northeast6

CTMEMANHRIVT

Top Metro Areas by Place Specialization Score

Springfield, MAMetro

Volume 261Mix 72.70% of portfolio

100/100

Exceptional

Hartford, CTMetro

Volume 45Mix 12.53% of portfolio

63/100

Strong

Amherst Town, MAMetro

Volume 22Mix 6.13% of portfolio

63/100

Strong

Top States by Place Specialization Score

MassachusettsState

Volume 300Mix 83.57% of portfolio

79/100

Strong

ConnecticutState

Volume 50Mix 13.93% of portfolio

60/100

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.