Cross County Savings Bank Mortgage Rates, Fees & Info

MIDDLE VILLAGE, NY

LEI: 2549005O94DAZVV0P036

Tax ID: 11-0595730

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
  • 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

    Cross County Savings Bank is a smaller bank specializing in Home Purchase and Refi loans. Cross County Savings Bank has a high proportion of conventional loans. Their top two markets are New York and Poughkeepsie .

    Cross County Savings Bank has an above 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

    21

    Origination Dollar Volume (All Markets)

    $18,605,000

    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
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 20 $18,280,000 $914,000 $0 0.00%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $325,000 $325,000 $0 0.00%
    Cross County Savings Bank's top markets include New York and Poughkeepsie among others.

    Their top states include:
  • New York (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 21 $18,605,000 $885,952 $0 0.00%

    For 2023, Cross County Savings Bank's most frequently originated type of loan was Conventional, with 21 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 15 $10,315,000 $687,667 $0 0.00%
    Refi 6 $8,290,000 $1,381,667 $0 0.00%

    For 2023, Cross County Savings Bank's most frequently cited loan purpose was Home Purchase, with 15 originations. The 2nd most popular reason was Refi, with 6 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 21 $18,605,000 $885,952 $0 0.00%

    For 2023, Cross County Savings Bank's most frequently cited loan duration was Other, with 21 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $600k-1MM 7 $4,855,000 $693,571 $0 0.00%
    $1MM+ 6 $10,100,000 $1,683,333 $0 0.00%
    $400k-600k 6 $2,940,000 $490,000 $0 0.00%
    $200k-400k 2 $710,000 $355,000 $0 0.00%

    2023 saw Cross County Savings Bank place emphasis on $600k-1MM loans with 7 originations, totaling $4,855,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 3 $3,575,000 $1,191,667 $0 0.00%
    $150k-250k 1 $485,000 $485,000 $0 0.00%

    Cross County Savings Bank lent most frequently to those with incomes in the $250k+ range, with 3 originations. The second most popular income band? $150k-250k, with 1 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 21 $18,605,000 $885,952 $0 0.00%

    Cross County Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 21 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 17 $14,545,000 $855,588 $0 0.00%
    White 4 $4,060,000 $1,015,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.32%

    Cross County Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    66.67%

    Cross County Savings Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 21 $18,605,000 $885,952

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    21 $18,605,000 $885,952