Keystone Savings Bank Mortgage Rates, Fees & Info

Marengo, IA

LEI: 254900I4Q994MFILTR26

Tax ID: 42-0357560

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

    Keystone Savings Bank is a smaller bank specializing in Refi and Home Purchase loans. Keystone Savings Bank has a high proportion of conventional loans. Their top two markets are Des Moines and Cedar Rapids .

    Keystone Savings 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

    34

    Origination Dollar Volume (All Markets)

    $3,240,000

    Top Markets

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    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
    Outside of Metro Areas 14 $1,120,000 $80,000 $0 0.00%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 12 $1,100,000 $91,667 $0 0.00%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 8 $1,020,000 $127,500 $0 0.00%
    Keystone Savings Bank's top markets include Des Moines and Cedar Rapids among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 34 $3,240,000 $95,294 $0 0.00%

    For 2024, Keystone Savings Bank's most frequently originated type of loan was Conventional, with 34 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 16 $1,330,000 $83,125 $0 0.00%
    Home Purchase 11 $1,675,000 $152,273 $0 0.00%
    Other 5 $195,000 $39,000 $0 0.00%
    Home Improvement 2 $40,000 $20,000 $0 0.00%

    For 2024, Keystone Savings Bank's most frequently cited loan purpose was Refi, with 16 originations. The 2nd most popular reason was Home Purchase, with 11 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 34 $3,240,000 $95,294 $0 0.00%

    For 2024, Keystone Savings Bank's most frequently cited loan duration was Other, with 34 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 19 $915,000 $48,158 $0 0.00%
    $100k-200k 13 $1,755,000 $135,000 $0 0.00%
    $200k-400k 2 $570,000 $285,000 $0 0.00%

    2024 saw Keystone Savings Bank place emphasis on $100,000 or less loans with 19 originations, totaling $915,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 8 $890,000 $111,250 $0 0.00%
    $100k-150k 7 $665,000 $95,000 $0 0.00%
    $50k-75k 6 $340,000 $56,667 $0 0.00%
    $75k-100k 6 $430,000 $71,667 $0 0.00%
    $50k or less 4 $450,000 $112,500 $0 0.00%

    Keystone Savings Bank lent most frequently to those with incomes in the $150k-250k range, with 8 originations. The second most popular income band? $100k-150k, with 7 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 34 $3,240,000 $95,294 $0 0.00%

    Keystone Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 34 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 27 $2,315,000 $85,741 $0 0.00%
    Asian 6 $660,000 $110,000 $0 0.00%
    Not applicable 1 $265,000 $265,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    97.30%

    Keystone Savings Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    94.12%

    Keystone Savings Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 34 $3,240,000 $95,294

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    34 $3,240,000 $95,294