Bank Of Holland Mortgage Rates, Fees & Info

Holland, NY

LEI: 254900AU2FARCMPNA566

Tax ID: 16-0341640

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Mortgage Data

Review & Overview

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

Bank Of Holland 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.

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Originations

147

Origination Dollar Volume (All Markets)

$26,695,000

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
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 104 $21,210,000 $203,942 $0 0.00%
Olean, NY (FHA|USDA|VA) 20 $1,920,000 $96,000 $0 0.00%
Outside of Metro Areas 20 $1,820,000 $91,000 $0 0.00%
Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 1 $1,305,000 $1,305,000 $0 0.00%
Batavia, NY (FHA|USDA|VA) 2 $440,000 $220,000 $0 0.00%
Bank Of Holland's top markets include Buffalo, Olean, Jamestown, and Batavia 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 147 $26,695,000 $181,599 $0 0.00%

    For 2022, Bank Of Holland's most frequently originated type of loan was Conventional, with 147 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 81 $17,315,000 $213,765 $0 0.00%
    Refi 44 $7,280,000 $165,455 $0 0.00%
    Home Improvement 14 $1,100,000 $78,571 $0 0.00%
    Other 8 $1,000,000 $125,000 $0 0.00%

    For 2022, Bank Of Holland's most frequently cited loan purpose was Home Purchase, with 81 originations. The 2nd most popular reason was Refi, with 44 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 147 $26,695,000 $181,599 $0 0.00%

    For 2022, Bank Of Holland's most frequently cited loan duration was Other, with 147 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 55 $3,105,000 $56,455 $0 0.00%
    $100k-200k 43 $6,015,000 $139,884 $0 0.00%
    $200k-400k 37 $10,465,000 $282,838 $0 0.00%
    $400k-600k 9 $3,955,000 $439,444 $0 0.00%
    $1MM+ 2 $2,470,000 $1,235,000 $0 0.00%
    $600k-1MM 1 $685,000 $685,000 $0 0.00%

    2022 saw Bank Of Holland place emphasis on $100,000 or less loans with 55 originations, totaling $3,105,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 38 $7,480,000 $196,842 $0 0.00%
    $50k-75k 30 $2,450,000 $81,667 $0 0.00%
    $75k-100k 26 $3,550,000 $136,538 $0 0.00%
    $150k-250k 20 $5,360,000 $268,000 $0 0.00%
    $50k or less 14 $930,000 $66,429 $0 0.00%
    $250k+ 6 $2,180,000 $363,333 $0 0.00%

    Bank Of Holland lent most frequently to those with incomes in the $100k-150k range, with 38 originations. The second most popular income band? $50k-75k, with 30 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 147 $26,695,000 $181,599 $0 0.00%

    Bank Of Holland lent most frequently to those with DTI ratios of Exempt%, with 147 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 132 $21,200,000 $160,606 $0 0.00%
    Not applicable 13 $4,745,000 $365,000 $0 0.00%
    Asian 2 $750,000 $375,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    80.60%

    Bank Of Holland has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    89.80%

    Bank Of Holland has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 147 $26,695,000 $181,599

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    147 $26,695,000 $181,599

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    BANK OF AMERICA, NATIONAL ASSOCIATION Home equity loan or line of credit (HELOC) Trouble during payment process 1 6.7%
    BANK OF AMERICA, NATIONAL ASSOCIATION Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 3 20.0%
    BANK OF AMERICA, NATIONAL ASSOCIATION Conventional home mortgage Closing on a mortgage 1 6.7%
    BANK OF AMERICA, NATIONAL ASSOCIATION Conventional home mortgage Struggling to pay mortgage 1 6.7%
    BANK OF AMERICA, NATIONAL ASSOCIATION Conventional home mortgage Trouble during payment process 7 46.7%
    BANK OF AMERICA, NATIONAL ASSOCIATION FHA mortgage Struggling to pay mortgage 1 6.7%
    BANK OF AMERICA, NATIONAL ASSOCIATION Home equity loan or line of credit (HELOC) Struggling to pay mortgage 1 6.7%