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Rockland Trust Company

BankRockland, MADirect to Consumer

We analyzed every closed loan from Rockland Trust 763 loans across 1k applications— and benchmarked them against peer lenders across the 4 Ps of Mortgage Shopping.

Pricing
Strong
vs. all lenders
Pull Through
Sound
closing strength
Products
Strong
FHA · Conventional · Jumbo
Place
Strong
Regional · 5 mkts
Safe Rate AwardsConventional SuperstarJumbo SuperstarPurchase SuperstarRefinance Superstar

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Safe Rate's Summary

What They Do Well

  • Offers rates 12.30 basis points below market average
  • Lower than average lender fees
  • Particularly strong in Conventional and Jumbo loans

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Report Card

Rockland Trust Company performance at a glance

CategoryScorevs. Peers
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Strong
Highly Competitive
Rates 12.3 bps below market avg
Pull Through
Closing strength
Sound
Industry Standard
Top 60% of lenders
By Loan Product· Specialization by type
Conventional
Strong
Highly Competitive
Top 40% of lenders
FHA
Sound
Industry Standard
Top 60% of lenders
Jumbo
Strong
Highly Competitive
Top 40% of lenders
By Loan Purpose· Transaction purpose mix
Purchase
Strong
Highly Competitive
Top 40% of lenders
Refinance
Strong
Highly Competitive
Top 40% of lenders
By Location· Geographic coverage
Geographic Reach
Coverage footprint
Strong
Highly Competitive
Top 40% of lenders
Regional6 markets

Loan Product Performance

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Strong
Strong
Strong
Sound
67388.2%
-0.132%Below
$1,235Fees
FHA Loans
Sound
Sound
Strong
Sound
283.7%
+0.405%Above
$1,120Fees
Jumbo Loans
Strong
Strong
Strong
Sound
597.7%
-0.327%Below
$1,485Fees

Loan Purpose Performance

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Strong
Strong
Strong
Sound
66787.4%
-0.148%Below
$1,297Fees
Refinance
Strong
Strong
Strong
Sound
9612.6%
+0.047%Above
$921Fees

At a Glance

Lender Overview

Lending Activity
Loans Originated
763
Applications
1,156
Volume
$388 million
Pricing & Closing
Avg Rate Spread
-0.123%
vs. market APOR
Avg Net Fees
$1,250
Origination − Credits
Pullthrough Rate
66.0%
Applications → Closed
Typical Borrower
Avg Loan Amount
$509,705
Avg Borrower Income
$209,258
Avg Property Value
$774,541

Geographic Coverage

Geographic Performance

Metro Areas
5
States Served
5
We count Washington DC as a state
Avg Place Specialization
Strong

States with Loan Originations

FLMAMENHRI

Top Metro Areas by Place Specialization Score

1
Boston, MA, MAMSA
Volume: 323Mix: 42.33%of portfolio
Place
Exceptional
2
Cambridge, MAMSA
Volume: 199Mix: 26.08%of portfolio
Place
Strong
3
Providence, RI-MAMSA
Volume: 73Mix: 9.57%of portfolio
Place
Strong
4
Barnstable Town, MA, MAMSA
Volume: 58Mix: 7.60%of portfolio
Place
Strong
5
Worcester, MA, MAMSA
Volume: 41Mix: 5.37%of portfolio
Place
Strong

Top States by Place Specialization Score

1
MAState
Volume: 709Mix: 92.92%of portfolio
Place
Exceptional
2
NHState
Volume: 21Mix: 2.75%of portfolio
Place
Sound
3
RIState
Volume: 15Mix: 1.97%of portfolio
Place
Sound
4
FLState
Volume: 13Mix: 1.70%of portfolio
Place
Acceptable

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
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 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.
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.