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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.

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
Safe Rate Awards
Conventional Superstar
Conventional
Superstar
Jumbo Superstar
Jumbo
Superstar

Safe Rate 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
Pull Through
Closing strength
Sound
Top 60% of lenders
By Loan Product· Specialization by type
Conventional
Sound
Top 60% of lenders
Jumbo
Strong
Top 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Sound
Top 60% of lenders
Refinance
Acceptable
Bottom 40% of lenders
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 5 markets
Sound
Top 60% of lenders

Loan Product Performance

Performance by Loan Product

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

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
4
markets with activity
States Served
6
of 50 states + DC
Avg Place Specialization
Strong
4/5

States with Loan Originations

6
6 states with loan originationsAlaskaAlabamaArkansasArizonaCaliforniaColoradoConnecticutWashington, DCDelawareFloridaGeorgiaHawaiiIowaIdahoIllinoisIndianaKansasKentuckyLouisianaMassachusettsMarylandMaineMichiganMinnesotaMissouriMississippiMontanaNorth CarolinaNorth DakotaNebraskaNew HampshireNew JerseyNew MexicoNevadaNew YorkOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVirginiaVermontWashingtonWisconsinWest VirginiaWyoming
Northeast5
CTMEMANHVT
South1
VA

Top Metro Areas by Place Specialization Score

1© Percival Kestreltail · CC BY-SA 3.0
Cambridge, MAMetro
Volume 81Mix 42.63% of portfolio
71/100
Strong
2© Luciof · CC BY-SA 3.0
Boston, MAMetro
Volume 35Mix 18.42% of portfolio
61/100
Strong
3© John Phelan · CC BY-SA 3.0
Rockingham County, NHMetro
Volume 25Mix 13.16% of portfolio
60/100
Strong
4© Quintin Soloviev · CC BY 4.0
Worcester, MAMetro
Volume 17Mix 8.95% of portfolio
54/100
Sound

Top States by Place Specialization Score

Massachusetts
Massachusetts
1
MassachusettsState
Volume 141Mix 74.21% of portfolio
72/100
Strong
New Hampshire
New Hampshire
2
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 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.

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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.