Woodsfield Savings Bank Mortgage Rates, Fees & Info

Woodsfield, OH

LEI: 2549005VXCHU3KAB6N44

Tax ID: 34-0627390

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

    Woodsfield Savings Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Woodsfield Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Wheeling, Cambridge, Columbus, Dayton, and Marietta among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Woodsfield Savings Bank 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

    101

    Origination Dollar Volume (All Markets)

    $16,005,000

    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
    Outside of Metro Areas 54 $7,690,000 $142,407 $0 0.00%
    WHEELING, WV-OH (FHA|USDA|VA) 30 $4,080,000 $136,000 $0 0.00%
    Cambridge, OH (FHA|USDA|VA) 12 $2,410,000 $200,833 $0 0.00%
    COLUMBUS, OH (FHA|USDA|VA) 2 $690,000 $345,000 $0 0.00%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $615,000 $615,000 $0 0.00%
    Marietta, OH (FHA|USDA|VA) 1 $295,000 $295,000 $0 0.00%
    SPRINGFIELD, OH (FHA|USDA|VA) 1 $225,000 $225,000 $0 0.00%
    Woodsfield Savings Bank's top markets include Wheeling, Cambridge, Columbus, Dayton, and Marietta among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 101 $16,005,000 $158,465 $0 0.00%

    For 2022, Woodsfield Savings Bank's most frequently originated type of loan was Conventional, with 101 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 65 $10,045,000 $154,538 $0 0.00%
    Cash Out Refi 34 $5,540,000 $162,941 $0 0.00%
    Other 1 $295,000 $295,000 $0 0.00%
    Refi 1 $125,000 $125,000 $0 0.00%

    For 2022, Woodsfield Savings Bank's most frequently cited loan purpose was Home Purchase, with 65 originations. The 2nd most popular reason was Cash Out Refi, with 34 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 101 $16,005,000 $158,465 $0 0.00%

    For 2022, Woodsfield Savings Bank's most frequently cited loan duration was Other, with 101 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 38 $2,480,000 $65,263 $0 0.00%
    $100k-200k 35 $5,155,000 $147,286 $0 0.00%
    $200k-400k 23 $6,055,000 $263,261 $0 0.00%
    $400k-600k 4 $1,700,000 $425,000 $0 0.00%
    $600k-1MM 1 $615,000 $615,000 $0 0.00%

    2022 saw Woodsfield Savings Bank place emphasis on $100,000 or less loans with 38 originations, totaling $2,480,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 22 $2,870,000 $130,455 $0 0.00%
    $100k-150k 21 $4,455,000 $212,143 $0 0.00%
    $50k-75k 20 $2,390,000 $119,500 $0 0.00%
    $50k or less 18 $1,930,000 $107,222 $0 0.00%
    $150k-250k 8 $2,180,000 $272,500 $0 0.00%
    $250k+ 3 $1,175,000 $391,667 $0 0.00%

    Woodsfield Savings Bank lent most frequently to those with incomes in the $75k-100k range, with 22 originations. The second most popular income band? $100k-150k, with 21 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 101 $16,005,000 $158,465 $0 0.00%

    Woodsfield Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 101 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 89 $14,735,000 $165,562 $0 0.00%
    Not applicable 9 $1,005,000 $111,667 $0 0.00%
    Filipino 2 $150,000 $75,000 $0 0.00%
    Asian 1 $115,000 $115,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    85.62%

    Woodsfield Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.19%

    Woodsfield Savings Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 101 $16,005,000 $158,465

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    101 $16,005,000 $158,465