Carthage Federal Savings And Loan Association Mortgage Rates, Fees & Info

Carthage, NY

LEI: 254900DNLSAVSRPDRK61

Tax ID: 15-0263165

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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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

    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 an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Watertown, Ogdensburg, and Syracuse among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Carthage Federal Savings And Loan Association 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

    250

    Origination Dollar Volume (All Markets)

    $44,930,000

    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
    WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 191 $36,295,000 $190,026 $0 0.00%
    Outside of Metro Areas 49 $6,385,000 $130,306 $0 0.00%
    Ogdensburg-Massena, NY (FHA|USDA|VA) 8 $1,940,000 $242,500 $0 0.00%
    SYRACUSE, NY (FHA|USDA|VA) 2 $310,000 $155,000 $0 0.00%
    Carthage Federal Savings And Loan Association's top markets include Watertown, Ogdensburg, and Syracuse 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 185 $31,375,000 $169,595 $0 0.00%
    VA 40 $9,470,000 $236,750 $0 0.00%
    FHA 18 $3,040,000 $168,889 $0 0.00%
    USDA 7 $1,045,000 $149,286 $0 0.00%

    For 2022, Carthage Federal Savings And Loan Association's most frequently originated type of loan was Conventional, with 185 originations. Their 2nd most popular type was VA, with 40 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 192 $39,330,000 $204,844 $0 0.00%
    Refi 32 $3,950,000 $123,438 $0 0.00%
    Other 17 $1,215,000 $71,471 $0 0.00%
    Home Improvement 9 $435,000 $48,333 $0 0.00%

    For 2022, Carthage Federal Savings And Loan Association's most frequently cited loan purpose was Home Purchase, with 192 originations. The 2nd most popular reason was Refi, with 32 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 250 $44,930,000 $179,720 $0 0.00%

    For 2022, Carthage Federal Savings And Loan Association's most frequently cited loan duration was Other, with 250 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 107 $15,525,000 $145,093 $0 0.00%
    $100,000 or less 70 $4,160,000 $59,429 $0 0.00%
    $200k-400k 60 $16,700,000 $278,333 $0 0.00%
    $400k-600k 9 $4,345,000 $482,778 $0 0.00%
    $1MM+ 2 $2,790,000 $1,395,000 $0 0.00%
    $600k-1MM 2 $1,410,000 $705,000 $0 0.00%

    2022 saw Carthage Federal Savings And Loan Association place emphasis on $100k-200k loans with 107 originations, totaling $15,525,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 73 $9,285,000 $127,192 $0 0.00%
    $100k-150k 60 $11,550,000 $192,500 $0 0.00%
    $75k-100k 47 $7,695,000 $163,723 $0 0.00%
    $50k or less 30 $2,740,000 $91,333 $0 0.00%
    $150k-250k 20 $5,190,000 $259,500 $0 0.00%
    $250k+ 19 $8,055,000 $423,947 $0 0.00%

    Carthage Federal Savings And Loan Association lent most frequently to those with incomes in the $50k-75k range, with 73 originations. The second most popular income band? $100k-150k, with 60 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 250 $44,930,000 $179,720 $0 0.00%

    Carthage Federal Savings And Loan Association lent most frequently to those with DTI ratios of Exempt%, with 250 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 231 $41,335,000 $178,939 $0 0.00%
    Not provided 9 $1,705,000 $189,444 $0 0.00%
    Asian 5 $915,000 $183,000 $0 0.00%
    Black 4 $780,000 $195,000 $0 0.00%
    American Indian 1 $195,000 $195,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    89.79%

    Carthage Federal Savings And Loan Association has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.40%

    Carthage Federal Savings And Loan Association has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 250 $44,930,000 $179,720

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    250 $44,930,000 $179,720