First National Bank Of Dryden Mortgage Rates, Fees & Info

Dryden, NY

LEI: 2549005SKP81W00YW119

Tax ID: 15-0293643

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

Jump to:

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

    First National Bank Of Dryden is a smaller bank specializing in Home Purchase and Refi loans. First National Bank Of Dryden has a high proportion of conventional loans. Their top markets by origination volume include: Cortland, Ithaca, Binghamton, and Syracuse among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First National Bank Of Dryden 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.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    91

    Origination Dollar Volume (All Markets)

    $14,535,000

    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
    Cortland, NY (FHA|USDA|VA) 54 $10,110,000 $187,222 $0 0.00%
    ITHACA, NY (FHA|USDA|VA) 22 $2,680,000 $121,818 $0 0.00%
    BINGHAMTON, NY (FHA|USDA|VA) 10 $890,000 $89,000 $0 0.00%
    SYRACUSE, NY (FHA|USDA|VA) 3 $645,000 $215,000 $0 0.00%
    Outside of Metro Areas 2 $210,000 $105,000 $0 0.00%
    First National Bank Of Dryden's top markets include Cortland, Ithaca, Binghamton, and Syracuse 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 91 $14,535,000 $159,725 $0 0.00%

    For 2023, First National Bank Of Dryden's most frequently originated type of loan was Conventional, with 91 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 57 $10,555,000 $185,175 $0 0.00%
    Refi 21 $3,045,000 $145,000 $0 0.00%
    Home Improvement 8 $710,000 $88,750 $0 0.00%
    Other 5 $225,000 $45,000 $0 0.00%

    For 2023, First National Bank Of Dryden's most frequently cited loan purpose was Home Purchase, with 57 originations. The 2nd most popular reason was Refi, with 21 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 91 $14,535,000 $159,725 $0 0.00%

    For 2023, First National Bank Of Dryden's most frequently cited loan duration was Other, with 91 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 36 $4,960,000 $137,778 $0 0.00%
    $100,000 or less 34 $2,010,000 $59,118 $0 0.00%
    $200k-400k 16 $4,470,000 $279,375 $0 0.00%
    $400k-600k 3 $1,455,000 $485,000 $0 0.00%
    $600k-1MM 2 $1,640,000 $820,000 $0 0.00%

    2023 saw First National Bank Of Dryden place emphasis on $100k-200k loans with 36 originations, totaling $4,960,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 27 $3,405,000 $126,111 $0 0.00%
    $100k-150k 16 $2,310,000 $144,375 $0 0.00%
    $75k-100k 16 $1,810,000 $113,125 $0 0.00%
    $50k or less 12 $740,000 $61,667 $0 0.00%
    $150k-250k 10 $2,770,000 $277,000 $0 0.00%
    $250k+ 1 $385,000 $385,000 $0 0.00%

    First National Bank Of Dryden lent most frequently to those with incomes in the $50k-75k range, with 27 originations. The second most popular income band? $100k-150k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 91 $14,535,000 $159,725 $0 0.00%

    First National Bank Of Dryden lent most frequently to those with DTI ratios of Exempt%, with 91 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 84 $11,870,000 $141,310 $0 0.00%
    Not applicable 7 $2,665,000 $380,714 $0 0.00%

    Approval Rates

    Total approvals of all applications
    87.70%

    First National Bank Of Dryden has an average approval rate.

    Pick Rate

    Approvals leading to origination
    82.42%

    First National Bank Of Dryden has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 91 $14,535,000 $159,725

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    91 $14,535,000 $159,725