Meredith Village Savings Bank Mortgage Interest Rate and Cost Review

Is Meredith Village Savings Bank a cheap or expensive mortgage lender? To help you shop for a mortgage, we compare the interest rates and closing costs charged by Meredith Village Savings Bank to those of other lenders for a comparable set of borrowers. Here is our review of Meredith Village Savings Bank nationally:

Review ItemMeredith Village Savings Bank
Interest Ratesimilar to other lenders (-0.01%)
Loan Related Closing Costslower than other lenders (-$413)
National Rate and Closing Cost Star Rating(4)

On average, Meredith Village Savings Bank’s interest rates were similar to those of other lenders (-0.01%). On the other hand, its loan related closing costs were lower than those of other lenders, with a difference of -$413. Overall, combining interest rates and closing costs we estimate that Meredith Village Savings Bank tends to be an average cost lender, and give it a National Rate and Closing Costs Rating of 4 out of 5 stars.

We maintain our independence by not accepting any money from the mortgage lenders we review. To visit Meredith Village Savings Bank, check out its website at:

Meredith Village Savings Bank’s Rate Review by City

Mortgage lenders often set different rates in different geographical markets. For our list of the top mortgage lenders by city, click here. In particular, among the cities we track Meredith Village Savings Bank was most active in:

  1. Manchester, NH
  2. Lincoln, NH
  3. Berlin, NH
  4. Boston, MA
  5. Portland, ME

Meredith Village Savings Bank’s Rate Review by Mortgage Type

Mortgage lenders also tend to charge different interest rates and closing costs depending on the type of mortgage. In our data, Meredith Village Savings Bank originated Conforming and Jumbo mortgages for new home purchases and refinances. Its average interest rate and total loan related closing cost difference relative to other lenders by mortgages type is as follows.

New Purchase MortgagesConformingJumbo
Interest Rate Difference-0.01%-0.01%
Loan Related Closing Cost Difference-$323-$45
Cost Adjusted Rate Difference-0.05%-0.01%
National Star Rating(3.5)(3.5)
Refinance MortgagesConformingJumbo
Interest Rate Difference-0.03%+0.01%
Loan Related Closing Cost Difference-$604+$26
Cost Adjusted Rate Difference-0.09%+0.01%
Average Star Rating(4)(3.5)

As a summary, Meredith Village Savings Bank is similar to other lenders for Conforming and Jumbo purchase mortgages. For refinancing, Meredith Village Savings Bank is cheap for Conforming mortgage refinance. It is similar to other lenders for Jumbo mortgage refinance. Nevertheless, individual circumstances can matter a lot for mortgage rates, and we always recommend shopping among several of our top mortgage lenders in your area before signing.

Other information about Meredith Village Savings Bank:

Registered name: Meredith Village Savings Bank
Registered city and state: Meredith, NH, 03253
Regulator: Federal Deposit Insurance Corporation (FDIC)

* Source of the data is Federal Financial Institutions Examination Council (FFIEC) and is for mortgages originated in the past year. Our comparable mortgages analysis controls for Meredith Village Savings Bank’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and commuting zone. Cost adjusted rates were computed based on each percent of the loan amount in above average loan related closing costs being worth +0.15 of a percentage point in interest rate. Furthermore, the amounts are regularized using a Bayesian approach to control for small samples.