Vol.44, No.24
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W E E K O F M O N D A Y, J U N E 1 3 , 2 0 2 2
THE REGISTRY REVIEW NEW HAMPSHIRE’S STATEWIDE REAL ESTATE & FINANCIAL NEWSPAPER A Publication of The Warren Group
WEEKLY SALES OF NOTE
T O P L O A N O R I G I N AT O R S
State’s Top LOs Adapt as Demand Shifts
Auburn 45 DARTMOUTH DR. . . . . . . . . . . . . . . . . . . . . . . . . . .$4,300,000 B: KB Diversified Healthcare 60 ST LLC S: KB Auburn Surgery Ctr LLC Mtg: Key Bank NA $80,000,000 Use: Commercial Building, Lot: 493099sf
Newbury
Refi Boom Fueled Massive Success in 2021
325 BAY POINT RD. . . . . . . . . . . . . . . . . . . . . . . . . . . $3,900,000 B: James A Huguenard Tr, Tr for Patsy Ruth Fisher FT S: Catherine Costa & Peter H Costa
BY SCOTT VAN VOORHIS
Lebanon
SPECIAL TO THE REGISTRY REVIEW
T
48 LAFAYETTE ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . $3,630,000 B: Marquis 48 LLC S: Hoco H LLC Mtg: Claremont Svgs Bk NH $2,900,000 Use: Industrial Office Building, Lot: 120226sf
o say that 2021 was a good year for Matt Thomas, a loan officer at Merrimack County Savings Bank, would be a massive understatement. Thomas wrote 294 residential refinance, purchase and construction loans worth more than $78 million last year. Pandemic and rock-bottom interest rates set off a frenzy of refinancing that began in 2020 and extend midway through 2021. And this TOP LOAN ORIGINATORS year isn’t so OF 2021 bad either. New Hampshire’s top loan originators listed in order in There has been this weeks’ special section. a significant SEE PAGE 15 falloff in refi demand as interest rates rise, but buyers seeking purchase mortgages and builders looking to put up homes with construction loans are helping pick up some of the slack. “The last two years of volume have been astronomical, driven primarily by the refinance side,” Thomas said. “Up to that date, we were [originating loans] in the $50 million range and then the pandemic hit. It has been a perfect storm.” Thomas was the top-producing residen-
Manchester 845 MAMMOTH RD. . . . . . . . . . . . . . . . . . . . . . . . . . . $2,800,000 B: Divine Design LLC S: Fourth Street Realty Inc Mtg: Digital FCU $1 Use: Residential-multiple Bldgs, Lot: 123275sf
Claremont 1 PLEASANT ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,365,000 B: Dub Holdings LLC S: Union Block Co LLC Mtg: Northway Bank $2,973,000 Use: Mixed Use-prim Comm & Resd, Lot: 13504sf
Portsmouth 105 COURT ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,195,000 B: 105 Court St LLC S: Folsom Salter House LLC Mtg: Northway Bank $1,646,250 Use: 2-Family Two Family, Lot: 5045sf 95 COURT ST. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,195,000 B: 105 Court St LLC S: Folsom Salter House LLC Mtg: Northway Bank $1,646,250 Use: Office Bldg-general, Lot: 4174sf
Laconia 39-49 METHODIST CIR. . . . . . . . . . . . . . . . . . . . . . . . $2,020,000 B: Patrick Bannon & Faith A Bannon S: Adam Desanctis Mtg: Bank of America NA $800,000 Use: 6 Bdrm Raised Ranch, Lot: 42689sf
Tilton 2-4 BEAR RD. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,000,000 B: Granite State Communities S: Rodgers Development Co Mtg: Enterprise Bk & Tr Co $1,400,000 Use: 2fam-5fam Residence, Lot: 17424sf
$2,000 2000
800
$1.750 1750
INDEX Belknap �������������������������� 05/27/22 Carroll ���������������������������� 05/27/22 Cheshire ������������������������ 05/27/22 Coos �������������������������������� 05/27/22 Grafton ���������������������������� 05/27/22 Hillsborough ������������������ 05/27/22 Merrimack ���������������������� 05/27/22 Rockingham ������������������ 05/27/22 Strafford ������������������������ 05/27/22 Sullivan �������������������������� 05/27/22 Bankruptcies Lien & Attachments Foreclosure, Mortgagee & Other Lien Auctions Requests for Bids & Proposals
Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec. Jan Feb
Month
600
Oct. 18
Oct. 19
Oct. 20
Oct. 21
600 $600 300 $300
$00
Apr. Apr.18
’18
Refinance
Apr. 2018
$263
$266
$529
Apr. 2019 Purchase
$270
$296
$566
Apr. 2020
$249
$972
$1,221
Apr. 2021
$258
$1,094
$1,352
Apr. 2022
$250
$535
$785
Refinance
Purchase
900 $900
300
Purchase
Both
Refinance
1200 $1,200
900
Want to see your news Both featured in a Refinance future issue of Purchase The Registry Review?
’22
Both
1200
Continued on Page 16
Apr. May May June June July July Aug Aug. Sep Sept. Oct. Oct. Nov. Nov. Dec. Dec. Jan. Jan. Feb Feb. Mar. Mar. Apr. Apr. Apr
1500 $1,500
1500
Oct. 17
0
’21
1800
0
Purchase
200
$1,000 1000 $750 750 $500 500 $250 250 $0 0
Refinance
400
$1,250 1250
TRANSACTIONS THRU
Both
600
$1,500 1500
REAL ESTATE RECORDS
3 3 4 5 5 6 8 9 12 12 13 13 13 13
vices topped the charts statewide as the top originator for a single institution in the mortgage company sector, and in the state overall, with loan volume of nearly $120 million. That’s up from $67.4 million in 2018, when Vogel was also the state’s top-producing originator for a single institution. Mary Merrill of CMG Mortgage took first place in the mortgage company category – and statewide as a whole – in the sheer number of loans closed for a single institution, weighing in with 436.
Volume of Mortgages for Single-Family Homes
85 WENTWORTH RD. . . . . . . . . . . . . . . . . . . . . . . . . . $1,795,000 B: Granite State Communities LLC S: Eric Johnson Tr, Tr for Eric&Donna Johnson RET Mtg: Partners Bk New Eng $1,346,250 Use: 3 Bdrm Cape Cod, Lot: 7405sf
COUNTY
tial mortgage loan officer at New Hampshire banks last year, according to the annual review of the mortgage data compiled by The Warren Group, publisher of The Registry Review. The top loan originators and the institutions they represent were ranked according to the institution they were most closely affiliated with in each particular sector – namely credit unions, banks and mortgage companies. The top originators were also ranked statewide and by individual region as well. Jay Vogel of Residential Mortgage Ser-
New Hampshire Market Statistics
New Castle
PG
Between surging demand for new homes and mortgage refinances, New Hampshire’s loan originators saw another banner year in 2021.
Apr. Apr.19
Apr. 20 Apr.
Apr. 21 Apr.
Apr. 22 Apr.
’19
’20
’21
’22
Both
❑ Dollar amounts in millions ❑ Source: The Warren Group ❑ Statistics based on single-family home sales
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