Carthage Federal Savings And Loan Association Mortgage Rates, Fees & Info
Carthage, NYLEI: 254900DNLSAVSRPDRK61
Tax ID: 15-0263165
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Mortgage Data
Review & Overview
Carthage Federal Savings And Loan Association is a smaller mortgage company specializing in Home Purchase loans. Carthage Federal Savings And Loan Association has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Watertown, Ogdensburg, Utica, and Syracuse among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Carthage Federal Savings And Loan Association 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.
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Originations
153Origination Dollar Volume (All Markets)
$26,585,000Top 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 |
|---|---|---|---|---|---|
| WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) | 99 | $17,815,000 | $179,949 | $0 | 0.00% |
| Outside of Metro Areas | 41 | $6,415,000 | $156,463 | $0 | 0.00% |
| Ogdensburg-Massena, NY (FHA|USDA|VA) | 8 | $1,400,000 | $175,000 | $0 | 0.00% |
| UTICA-ROME, NY (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $0 | 0.00% |
| SYRACUSE, NY (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 144 | $25,270,000 | $175,486 | $0 | 0.00% |
| USDA | 9 | $1,315,000 | $146,111 | $0 | 0.00% |
For 2024, Carthage Federal Savings And Loan Association's most frequently originated type of loan was Conventional, with 144 originations. Their 2nd most popular type was USDA, with 9 originations.
Loan Reason
For 2024, Carthage Federal Savings And Loan Association's most frequently cited loan purpose was Home Purchase, with 110 originations. The 2nd most popular reason was Home Improvement, with 19 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 153 | $26,585,000 | $173,758 | $0 | 0.00% |
For 2024, Carthage Federal Savings And Loan Association's most frequently cited loan duration was Other, with 153 originations.
Loan Sizing
2024 saw Carthage Federal Savings And Loan Association place emphasis on $100k-200k loans with 61 originations, totaling $8,935,000 in origination value.
Applicant Income
Carthage Federal Savings And Loan Association lent most frequently to those with incomes in the $50k-75k range, with 37 originations. The second most popular income band? $100k-150k, with 36 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 153 | $26,585,000 | $173,758 | $0 | 0.00% |
Carthage Federal Savings And Loan Association lent most frequently to those with DTI ratios of Exempt%, with 153 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.48%
Carthage Federal Savings And Loan Association has an average approval rate.
Pick Rate
Approvals leading to origination88.89%
Carthage Federal Savings And Loan Association has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 153 | $26,585,000 | $173,758 |