Fieldpoint Private Bank & Trust Mortgage Rates, Fees & Info
Greenwich, CTLEI: 2549006970DDWK8E1864
Tax ID: 26-2436838
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Fieldpoint Private Bank & Trust is a smaller bank specializing in Home Purchase loans. Fieldpoint Private Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Bridgeport, New York, Ocean City, Miami, and New Haven among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Fieldpoint Private Bank & Trust 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.
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
23Origination Dollar Volume (All Markets)
$45,165,000Top 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 |
|---|---|---|---|---|---|
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 15 | $36,225,000 | $2,415,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 4 | $3,690,000 | $922,500 | $0 | 0.00% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $2,155,000 | $2,155,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $1,925,000 | $1,925,000 | $0 | 0.00% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 1 | $905,000 | $905,000 | $0 | 0.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 23 | $45,165,000 | $1,963,696 | $0 | 0.00% |
For 2018, Fieldpoint Private Bank & Trust's most frequently originated type of loan was Conventional, with 23 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 13 | $33,425,000 | $2,571,154 | $0 | 0.00% |
| Cash Out Refi | 6 | $8,240,000 | $1,373,333 | $0 | 0.00% |
| Refi | 4 | $3,500,000 | $875,000 | $0 | 0.00% |
For 2018, Fieldpoint Private Bank & Trust's most frequently cited loan purpose was Home Purchase, with 13 originations. The 2nd most popular reason was Cash Out Refi, with 6 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 23 | $45,165,000 | $1,963,696 | $0 | 0.00% |
For 2018, Fieldpoint Private Bank & Trust's most frequently cited loan duration was Other, with 23 originations.
Loan Sizing
2018 saw Fieldpoint Private Bank & Trust place emphasis on $1MM+ loans with 12 originations, totaling $39,630,000 in origination value.
Applicant Income
Fieldpoint Private Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 9 originations. The second most popular income band? $150k-250k, with 4 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 23 | $45,165,000 | $1,963,696 | $0 | 0.00% |
Fieldpoint Private Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 23 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.22%
Fieldpoint Private Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination52.17%
Fieldpoint Private Bank & Trust 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 | 23 | $45,165,000 | $1,963,696 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 2 | $6,090,000 | $3,045,000 |
| Single Family (1-4 Units):Site-Built | 21 | $39,075,000 | $1,860,714 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Flat Branch Mortgage, Inc. | Conventional home mortgage | Struggling to pay mortgage | 1 | 100.0% |