We analyzed every closed loan from Berkshire Bank — 693 loans across 918 applications— and benchmarked them against peer lenders 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
Exceptional
5/5
FHA · Conventional · Jumbo
Place
Sound
3/5
Multi-Region · 10 mkts
Awards
Jumbo
Champion
Conventional
Superstar
FHA
Superstar
Purchase
Superstar
Refinance
Superstar
Summary
What They Do Well
- Offers rates 16.50 basis points below market average
- Lower than average lender fees
- Strong pull through performance
Explore another lender or local market
Report Card
Berkshire Bank performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Exceptional
Rates 16.5 bps below market avg
Pull Through
Closing strength
Strong
Top 40% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Top 60% of lenders
FHA
Sound
Top 60% of lenders
Jumbo
Exceptional
Top 20% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Top 40% of lenders
Refinance
Sound
Top 60% of lenders
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 11 markets
Sound
Top 60% of lenders
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 467 | 67.4% | -0.158%Below | $927Fees | ||||
FHA Loans | 26 | 3.8% | -0.028%Below | $776Fees | ||||
Jumbo Loans | 198 | 28.6% | -0.195%Below | $1,044Credit |
Conventional
OverallStrong
ProductSound
PricingExceptional
Pull ThroughSound
Volume467
Mix67.4%
Spread
-0.158%Below
Fees
$927Fees
FHA Loans
OverallStrong
ProductSound
PricingExceptional
Pull ThroughSound
Volume26
Mix3.8%
Spread
-0.028%Below
Fees
$776Fees
Jumbo Loans
OverallExceptional
ProductExceptional
PricingExceptional
Pull ThroughStrong
Volume198
Mix28.6%
Spread
-0.195%Below
Fees
$1,044Credit
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 601 | 86.7% | -0.136%Below | $537Fees | ||||
Refinance | 92 | 13.3% | -0.351%Below | $803Credit |
Purchase
OverallStrong
ProductStrong
PricingExceptional
Pull ThroughSound
Volume601
Mix86.7%
Spread
-0.136%Below
Fees
$537Fees
Refinance
OverallStrong
ProductSound
PricingExceptional
Pull ThroughSound
Volume92
Mix13.3%
Spread
-0.351%Below
Fees
$803Credit
At a Glance
Lender Overview
Lending Activity
Loans Originated
693
Applications
918
Volume
$460 million
Pricing & Closing
Avg Rate Spread
-0.165%
vs. market APOR
Avg Net Fees
$358
Origination − Credits
Pullthrough Rate
75.5%
Applications → Closed
Typical Borrower
Avg Loan Amount
$664,553
Avg Borrower Income
$280,971
Avg Property Value
$941,551
Geographic Coverage
Geographic Performance
Metro Areas
10
markets with activity
States Served
10
of 50 states + DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
10Northeast8
CTMEMANHNYPARIVT
South2
FLSC
Top Metro Areas by Place Specialization Score
Volume 247Mix 35.64% of portfolio
82/100
Exceptional
Volume 143Mix 20.63% of portfolio
76/100
Strong
Volume 41Mix 5.92% of portfolio
65/100
Strong
Volume 32Mix 4.62% of portfolio
57/100
Sound
Volume 25Mix 3.61% of portfolio
57/100
Sound
Volume 22Mix 3.17% of portfolio
56/100
Sound
Volume 22Mix 3.17% of portfolio
50/100
Sound
Volume 15Mix 2.16% of portfolio
48/100
Sound
Volume 15Mix 2.16% of portfolio
46/100
Sound
Volume 12Mix 1.73% of portfolio
44/100
SoundTop States by Place Specialization Score
1
MassachusettsState
Volume 494Mix 71.28% of portfolio
83/100
Exceptional2
New YorkState
Volume 80Mix 11.54% of portfolio
61/100
Strong3
Rhode IslandState
Volume 27Mix 3.90% of portfolio
55/100
Sound4
New HampshireState
Volume 25Mix 3.61% of portfolio
53/100
Sound5
ConnecticutState
Volume 31Mix 4.47% of portfolio
52/100
Sound6
VermontState
Volume 11Mix 1.59% of portfolio
43/100
Sound7
FloridaState
Volume 12Mix 1.73% of portfolio
35/100
AcceptableHow We Rank Lenders
Our rankings use an equal-weight average of scores across our core categories (Pricing, Product, Pull-Through, Place), with lender promptness blended in when a lender has responded to real shopper quote requests.
Our Point System (Max 30 Points)
10/ 30 pts
Pricing
Rate and fee competitiveness (33%)
10/ 30 pts
Pull Through
Reliability in closing loans (33%)
10/ 30 pts
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
⭐
Superstar(60-79% = 18-23 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 Berkshire Bank?
Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.
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.