Home Federal Bank Corporation Mortgage Rates, Fees & Info
Middlesboro, KYLEI: 2549001XVX1R2ITF6935
Tax ID: 61-0305840
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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, Sevierville, Morristown, and Kingsport among others. We have data for 25 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
278Origination Dollar Volume (All Markets)
$79,120,000Top 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) | 83 | $40,105,000 | $483,193 | $0 | 0.00% |
| Outside of Metro Areas | 115 | $18,755,000 | $163,087 | $0 | 0.00% |
| Middlesborough, KY (FHA|USDA|VA) | 47 | $6,275,000 | $133,511 | $0 | 0.00% |
| Sevierville, TN (FHA|USDA|VA) | 3 | $2,305,000 | $768,333 | $0 | 0.00% |
| MORRISTOWN, TN (FHA|USDA|VA) | 4 | $1,960,000 | $490,000 | $0 | 0.00% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 2 | $1,160,000 | $580,000 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $815,000 | $815,000 | $0 | 0.00% |
| Danville, KY (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $0 | 0.00% |
| ASHEVILLE, NC (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $0 | 0.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $0 | 0.00% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $0 | 0.00% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| London, KY (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $0 | 0.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| Greeneville, TN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Richmond-Berea, KY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 278 | $79,120,000 | $284,604 | $0 | 0.00% |
For 2022, Home Federal Bank Corporation's most frequently originated type of loan was Conventional, with 278 originations.
Loan Reason
For 2022, Home Federal Bank Corporation's most frequently cited loan purpose was Home Purchase, with 184 originations. The 2nd most popular reason was Refi, with 60 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 278 | $79,120,000 | $284,604 | $0 | 0.00% |
For 2022, Home Federal Bank Corporation's most frequently cited loan duration was Other, with 278 originations.
Loan Sizing
2022 saw Home Federal Bank Corporation place emphasis on $100,000 or less loans with 85 originations, totaling $4,745,000 in origination value.
Applicant Income
Home Federal Bank Corporation lent most frequently to those with incomes in the $50k-75k range, with 46 originations. The second most popular income band? $250k+, with 42 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 278 | $79,120,000 | $284,604 | $0 | 0.00% |
Home Federal Bank Corporation lent most frequently to those with DTI ratios of Exempt%, with 278 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.45%
Home Federal Bank Corporation has an average approval rate.
Pick Rate
Approvals leading to origination73.74%
Home Federal Bank Corporation has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 278 | $79,120,000 | $284,604 |