Keystone Savings Bank Mortgage Rates, Fees & Info

Marengo, IA

LEI: 254900I4Q994MFILTR26

Tax ID: 42-0357560

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

    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 markets by origination volume include: Des Moines, Cedar Rapids, and Waterloo among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Keystone Savings Bank 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.

    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

    37

    Origination Dollar Volume (All Markets)

    $4,955,000

    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
    Outside of Metro Areas 17 $1,995,000 $117,353 $0 0.00%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 9 $1,655,000 $183,889 $0 0.00%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 9 $995,000 $110,556 $0 0.00%
    WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 2 $310,000 $155,000 $0 0.00%
    Keystone Savings Bank's top markets include Des Moines, Cedar Rapids, and Waterloo among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 37 $4,955,000 $133,919 $0 0.00%

    For 2022, Keystone Savings Bank's most frequently originated type of loan was Conventional, with 37 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 20 $2,340,000 $117,000 $0 0.00%
    Home Purchase 17 $2,615,000 $153,824 $0 0.00%

    For 2022, Keystone Savings Bank's most frequently cited loan purpose was Refi, with 20 originations. The 2nd most popular reason was Home Purchase, with 17 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 37 $4,955,000 $133,919 $0 0.00%

    For 2022, Keystone Savings Bank's most frequently cited loan duration was Other, with 37 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 17 $2,415,000 $142,059 $0 0.00%
    $100,000 or less 16 $1,150,000 $71,875 $0 0.00%
    $200k-400k 3 $935,000 $311,667 $0 0.00%
    $400k-600k 1 $455,000 $455,000 $0 0.00%

    2022 saw Keystone Savings Bank place emphasis on $100k-200k loans with 17 originations, totaling $2,415,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 15 $1,655,000 $110,333 $0 0.00%
    $100k-150k 6 $1,250,000 $208,333 $0 0.00%
    $50k or less 6 $410,000 $68,333 $0 0.00%
    $75k-100k 6 $870,000 $145,000 $0 0.00%
    $150k-250k 1 $375,000 $375,000 $0 0.00%
    $250k+ 1 $175,000 $175,000 $0 0.00%

    Keystone Savings Bank lent most frequently to those with incomes in the $50k-75k range, with 15 originations. The second most popular income band? $100k-150k, with 6 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 37 $4,955,000 $133,919 $0 0.00%

    Keystone Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 37 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 35 $4,735,000 $135,286 $0 0.00%
    Not applicable 2 $220,000 $110,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.31%

    Keystone Savings Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    83.78%

    Keystone Savings Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 37 $4,955,000 $133,919

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    37 $4,955,000 $133,919