Thursday, March 20, 2008

Martha's Vineyard Savings Bank Top 2007 Lender

Martha's Vineyard Savings Bank was the top residential lender for Dukes County (Martha's Vineyard) in 2007. Their market share was 12.63%. They did 32 purchase mortages and 144 refinance mortgages. The total dollar volume on the purchase loans was $14,483,738 and $34,749,998 on the refinance mortgages. Sovreign Bank FSB was second with a 9.69% market share and Bank of America third with a 6.03% market share. Local lender Edgartown National Bank was seventh with a 3.59% market share with only $1,068,400 loaned on 4 purchases and $7,906,900 on 46 re-fi's.


John O'Connell
The Vineyard Realty Group
www.vineyardrealtygroup.com
508-627-3030

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