Home Federal Bank Corporation Mortgage Rates, Fees & Info
Middlesboro, KYLEI: 2549001XVX1R2ITF6935
Tax ID: 61-0305840
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Mortgage Data
Review & Overview
Home Federal Bank Corporation is a smaller bank specializing in Home Purchase loans. Home Federal Bank Corporation has a high proportion of conventional loans. Their top markets by origination volume include: Knoxville, Middlesborough, Indianapolis, Miami, and Hilton Head Island among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)Home Federal Bank Corporation has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
155Origination Dollar Volume (All Markets)
$53,465,000Top 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 |
|---|---|---|---|---|---|
| KNOXVILLE, TN (FHA|USDA|VA) | 62 | $29,610,000 | $477,581 | $0 | 0.00% |
| Outside of Metro Areas | 57 | $13,755,000 | $241,316 | $0 | 0.00% |
| Middlesborough, KY (FHA|USDA|VA) | 24 | $3,840,000 | $160,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $1,805,000 | $1,805,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $1,275,000 | $1,275,000 | $0 | 0.00% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $895,000 | $895,000 | $0 | 0.00% |
| Sevierville, TN (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $0 | 0.00% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| Danville, KY (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| Athens, TN (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| London, KY (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 155 | $53,465,000 | $344,935 | $0 | 0.00% |
For 2024, Home Federal Bank Corporation's most frequently originated type of loan was Conventional, with 155 originations.
Loan Reason
For 2024, Home Federal Bank Corporation's most frequently cited loan purpose was Home Purchase, with 116 originations. The 2nd most popular reason was Refi, with 22 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 155 | $53,465,000 | $344,935 | $0 | 0.00% |
For 2024, Home Federal Bank Corporation's most frequently cited loan duration was Other, with 155 originations.
Loan Sizing
2024 saw Home Federal Bank Corporation place emphasis on $200k-400k loans with 45 originations, totaling $13,115,000 in origination value.
Applicant Income
Home Federal Bank Corporation lent most frequently to those with incomes in the $250k+ range, with 32 originations. The second most popular income band? $150k-250k, with 31 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 155 | $53,465,000 | $344,935 | $0 | 0.00% |
Home Federal Bank Corporation lent most frequently to those with DTI ratios of Exempt%, with 155 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications85.52%
Home Federal Bank Corporation has an average approval rate.
Pick Rate
Approvals leading to origination80.00%
Home Federal Bank Corporation has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 155 | $53,465,000 | $344,935 |