Elderton State Bank Mortgage Rates, Fees & Info

Elderton, PA

LEI: 254900FK0S1L00V2UL14

Tax ID: 25-0459150

Latest/2024 | 2023 Data | 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

    Elderton State Bank is a smaller bank specializing in Home Purchase loans. Elderton State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Pittsburgh, Indiana, Dubois, Youngstown, and Johnstown among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Elderton State Bank has an above average approval rate when compared to the average across all lenders. They have an above 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.

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    Originations

    145

    Origination Dollar Volume (All Markets)

    $22,185,000

    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
    PITTSBURGH, PA (FHA|USDA|VA) 66 $10,140,000 $153,636 $0 0.00%
    Indiana, PA (FHA|USDA|VA) 61 $8,265,000 $135,492 $0 0.00%
    Outside of Metro Areas 10 $1,950,000 $195,000 $0 0.00%
    DuBois, PA (FHA|USDA|VA) 4 $1,010,000 $252,500 $0 0.00%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $570,000 $285,000 $0 0.00%
    JOHNSTOWN, PA (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
    Bradford, PA (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
    Elderton State Bank's top markets include Pittsburgh, Indiana, Dubois, Youngstown, and Johnstown among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 145 $22,185,000 $153,000 $0 0.00%

    For 2024, Elderton State Bank's most frequently originated type of loan was Conventional, with 145 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 77 $13,875,000 $180,195 $0 0.00%
    Home Improvement 26 $2,120,000 $81,538 $0 0.00%
    Other 21 $2,915,000 $138,810 $0 0.00%
    Refi 21 $3,275,000 $155,952 $0 0.00%

    For 2024, Elderton State Bank's most frequently cited loan purpose was Home Purchase, with 77 originations. The 2nd most popular reason was Home Improvement, with 26 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 145 $22,185,000 $153,000 $0 0.00%

    For 2024, Elderton State Bank's most frequently cited loan duration was Other, with 145 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 75 $4,655,000 $62,067 $0 0.00%
    $200k-400k 31 $8,445,000 $272,419 $0 0.00%
    $100k-200k 30 $4,460,000 $148,667 $0 0.00%
    $400k-600k 6 $2,680,000 $446,667 $0 0.00%
    $600k-1MM 3 $1,945,000 $648,333 $0 0.00%

    2024 saw Elderton State Bank place emphasis on $100,000 or less loans with 75 originations, totaling $4,655,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 31 $3,855,000 $124,355 $0 0.00%
    $100k-150k 27 $3,655,000 $135,370 $0 0.00%
    $75k-100k 14 $2,000,000 $142,857 $0 0.00%
    $150k-250k 13 $2,945,000 $226,538 $0 0.00%
    $50k or less 13 $1,005,000 $77,308 $0 0.00%
    $250k+ 12 $3,540,000 $295,000 $0 0.00%

    Elderton State Bank lent most frequently to those with incomes in the $50k-75k range, with 31 originations. The second most popular income band? $100k-150k, with 27 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 145 $22,185,000 $153,000 $0 0.00%

    Elderton State Bank lent most frequently to those with DTI ratios of Exempt%, with 145 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 105 $16,155,000 $153,857 $0 0.00%
    Not applicable 34 $4,980,000 $146,471 $0 0.00%
    Not provided 5 $795,000 $159,000 $0 0.00%
    American Indian 1 $255,000 $255,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.35%

    Elderton State Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.72%

    Elderton State Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 145 $22,185,000 $153,000

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    145 $22,185,000 $153,000