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
Thursday, March 20, 2008
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