Top Mortgage Lenders in Vineyard Haven, MA

Which mortgage lender in the Vineyard Haven, MA area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Vineyard Haven, MA area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Vineyard Haven, MA area is The Cape Cod Five Cents Savings Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.04%. This means that The Cape Cod Five Cents Savings Bank provided a -0.04% lower interest rate for its customers than other lenders in Vineyard Haven, MA for a similar set of borrowers. The Cape Cod Five Cents Savings Bank has a market share of 50.6%. It is the most popular lender in the area.

Our detailed rankings of the mortgage lenders for the Vineyard Haven, MA area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, The Cape Cod Five Cents Savings Bank is the cheapest mortgage provider for Conventional and Jumbo mortgages in Vineyard Haven, MA. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Quicken Loans. The cheapest VA mortgage provider is Quicken Loans. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Ranking of Mortgage Lenders in Vineyard Haven, MA

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
The Cape Cod Five Cents Savings Bank 1, -0.04% 50.56%
Santander Bank 2, 0.02% 22.78%
Quicken Loans 3, 0.06% 26.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
The Cape Cod Five Cents Savings Bank 1, -0.03% 69.62%
Santander Bank 2, 0.05% 11.39%
Quicken Loans 3, 0.07% 18.99%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
The Cape Cod Five Cents Savings Bank 1, -0.06% 35.64%
Santander Bank 2, 0.01% 31.68%
Quicken Loans 3, 0.06% 32.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
The Cape Cod Five Cents Savings Bank 1, -0.05% 52.63%
Santander Bank 2, 0.01% 18.05%
Quicken Loans 3, 0.09% 29.32%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
The Cape Cod Five Cents Savings Bank 1, -0.03% 78.18%
Santander Bank 2, 0.06% 5.45%
Quicken Loans 3, 0.11% 16.36%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
The Cape Cod Five Cents Savings Bank 1, -0.08% 34.62%
Santander Bank 2, -0.00% 26.92%
Quicken Loans 3, 0.07% 38.46%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.01% 75.00%
Santander Bank 2, 0.02% 25.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.01% 66.67%
Santander Bank 2, 0.02% 33.33%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
The Cape Cod Five Cents Savings Bank 1, -0.01% 55.26%
Quicken Loans 2, 0.00% 5.26%
Santander Bank 3, 0.01% 39.47%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
The Cape Cod Five Cents Savings Bank 1, -0.00% 70.59%
Santander Bank 2, 0.01% 23.53%
Quicken Loans 3, 0.01% 5.88%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
The Cape Cod Five Cents Savings Bank 1, -0.01% 42.86%
Quicken Loans 2, -0.00% 4.76%
Santander Bank 3, 0.01% 52.38%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, 0.00% 100.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, 0.00% 100.00%
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* Data is compiled for the Vineyard Haven, MA commuting zone area, which comprises of county of Dukes County, MA. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

Mortgage Lender Rankings for Other Cities

This page ranks the top mortgage lenders in the Vineyard Haven, MA area. For mortgage lender rankings of other cities, click here.