First National Bank Of Dryden Mortgage Rates, Fees & Info

Dryden, NY

LEI: 2549005SKP81W00YW119

Tax ID: 15-0293643

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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 National Bank Of Dryden is a smaller bank specializing in Refi and Home Purchase loans. First National Bank Of Dryden has a high proportion of conventional loans. Their top markets by origination volume include: Cortland, Ithaca, Binghamton, Syracuse, and Auburn 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 above 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

    53

    Origination Dollar Volume (All Markets)

    $6,185,000

    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) 28 $3,440,000 $122,857 $0 0.00%
    ITHACA, NY (FHA|USDA|VA) 13 $1,735,000 $133,462 $0 0.00%
    BINGHAMTON, NY (FHA|USDA|VA) 7 $565,000 $80,714 $0 0.00%
    SYRACUSE, NY (FHA|USDA|VA) 3 $245,000 $81,667 $0 0.00%
    Auburn, NY (FHA|USDA|VA) 2 $200,000 $100,000 $0 0.00%
    First National Bank Of Dryden's top markets include Cortland, Ithaca, Binghamton, Syracuse, and Auburn 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 53 $6,185,000 $116,698 $0 0.00%

    For 2019, First National Bank Of Dryden's most frequently originated type of loan was Conventional, with 53 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 27 $3,145,000 $116,481 $0 0.00%
    Home Purchase 26 $3,040,000 $116,923 $0 0.00%

    For 2019, First National Bank Of Dryden's most frequently cited loan purpose was Refi, with 27 originations. The 2nd most popular reason was Home Purchase, with 26 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 53 $6,185,000 $116,698 $0 0.00%

    For 2019, First National Bank Of Dryden's most frequently cited loan duration was Other, with 53 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 26 $1,780,000 $68,462 $0 0.00%
    $100k-200k 21 $2,785,000 $132,619 $0 0.00%
    $200k-400k 5 $1,165,000 $233,000 $0 0.00%
    $400k-600k 1 $455,000 $455,000 $0 0.00%

    2019 saw First National Bank Of Dryden place emphasis on $100,000 or less loans with 26 originations, totaling $1,780,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 16 $1,510,000 $94,375 $0 0.00%
    $50k or less 12 $1,040,000 $86,667 $0 0.00%
    $100k-150k 5 $765,000 $153,000 $0 0.00%
    $75k-100k 5 $715,000 $143,000 $0 0.00%
    $150k-250k 2 $350,000 $175,000 $0 0.00%
    $250k+ 2 $290,000 $145,000 $0 0.00%

    First National Bank Of Dryden lent most frequently to those with incomes in the $50k-75k range, with 16 originations. The second most popular income band? $50k or less, with 12 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 53 $6,185,000 $116,698 $0 0.00%

    First National Bank Of Dryden lent most frequently to those with DTI ratios of Exempt%, with 53 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 48 $5,310,000 $110,625 $0 0.00%
    Not applicable 5 $875,000 $175,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.80%

    First National Bank Of Dryden has an average approval rate.

    Pick Rate

    Approvals leading to origination
    94.34%

    First National Bank Of Dryden has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 53 $6,185,000 $116,698

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $455,000 $455,000
    Single Family (1-4 Units):Manufactured 4 $290,000 $72,500
    Single Family (1-4 Units):Site-Built 48 $5,440,000 $113,333

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Closing on a mortgage 2 33.3%
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Struggling to pay mortgage 1 16.7%
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Trouble during payment process 3 50.0%