First Federal Savings And Loan Association Of Greensburg Mortgage Rates, Fees & Info

Greensburg, IN

LEI: 2549001URDOO8V3DI280

Tax ID: 35-0352590

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    First Federal Savings And Loan Association Of Greensburg is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. First Federal Savings And Loan Association Of Greensburg has a high proportion of conventional loans. Their top markets by origination volume include: Greensburg, Indianapolis, Cincinnati, Cape Coral, and North Vernon among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First Federal Savings And Loan Association Of Greensburg has an average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.

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    Originations

    65

    Origination Dollar Volume (All Markets)

    $11,475,000

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    Greensburg, IN (FHA|USDA|VA) 38 $6,450,000 $169,737 $0 0.00%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 16 $2,650,000 $165,625 $0 0.00%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 4 $840,000 $210,000 $0 0.00%
    Outside of Metro Areas 4 $690,000 $172,500 $0 0.00%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $480,000 $240,000 $0 0.00%
    North Vernon, IN (FHA|USDA|VA) 1 $365,000 $365,000 $0 0.00%
    First Federal Savings And Loan Association Of Greensburg's top markets include Greensburg, Indianapolis, Cincinnati, Cape Coral, and North Vernon among others.

    Their top states include:
  • Indiana (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 65 $11,475,000 $176,538 $0 0.00%

    For 2022, First Federal Savings And Loan Association Of Greensburg's most frequently originated type of loan was Conventional, with 65 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 34 $6,900,000 $202,941 $0 0.00%
    Cash Out Refi 25 $3,895,000 $155,800 $0 0.00%
    Refi 6 $680,000 $113,333 $0 0.00%

    For 2022, First Federal Savings And Loan Association Of Greensburg's most frequently cited loan purpose was Home Purchase, with 34 originations. The 2nd most popular reason was Cash Out Refi, with 25 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 65 $11,475,000 $176,538 $0 0.00%

    For 2022, First Federal Savings And Loan Association Of Greensburg's most frequently cited loan duration was Other, with 65 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 30 $4,260,000 $142,000 $0 0.00%
    $200k-400k 21 $5,795,000 $275,952 $0 0.00%
    $100,000 or less 13 $975,000 $75,000 $0 0.00%
    $400k-600k 1 $445,000 $445,000 $0 0.00%

    2022 saw First Federal Savings And Loan Association Of Greensburg place emphasis on $100k-200k loans with 30 originations, totaling $4,260,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 13 $2,685,000 $206,538 $0 0.00%
    $50k-75k 11 $1,435,000 $130,455 $0 0.00%
    $50k or less 11 $1,375,000 $125,000 $0 0.00%
    $75k-100k 11 $2,195,000 $199,545 $0 0.00%
    $150k-250k 7 $1,755,000 $250,714 $0 0.00%
    $250k+ 5 $1,345,000 $269,000 $0 0.00%

    First Federal Savings And Loan Association Of Greensburg lent most frequently to those with incomes in the $100k-150k range, with 13 originations. The second most popular income band? $50k-75k, with 11 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 65 $11,475,000 $176,538 $0 0.00%

    First Federal Savings And Loan Association Of Greensburg lent most frequently to those with DTI ratios of Exempt%, with 65 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 59 $10,545,000 $178,729 $0 0.00%
    Not applicable 4 $400,000 $100,000 $0 0.00%
    Not provided 1 $375,000 $375,000 $0 0.00%
    Native Hawaiian or Islander 1 $155,000 $155,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    89.33%

    First Federal Savings And Loan Association Of Greensburg has an average approval rate.

    Pick Rate

    Approvals leading to origination
    96.92%

    First Federal Savings And Loan Association Of Greensburg has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 65 $11,475,000 $176,538

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    65 $11,475,000 $176,538

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    FIRST GUARANTY MORTGAGE CORP Conventional home mortgage Struggling to pay mortgage 1 100.0%