The National Bank Of Malvern Mortgage Rates, Fees & Info
Malvern, PALEI: 254900NSXWCE07HAP496
Tax ID: 23-0906630
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The National Bank Of Malvern is a smaller bank specializing in Home Purchase and Refi loans. The National Bank Of Malvern has a high proportion of conventional loans. Their top two markets are Philadelphia and Cleveland .The National Bank Of Malvern 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.
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Originations
20Origination Dollar Volume (All Markets)
$6,750,000Top 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 |
|---|---|---|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 19 | $6,315,000 | $332,368 | $0 | 0.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 20 | $6,750,000 | $337,500 | $0 | 0.00% |
For 2023, The National Bank Of Malvern's most frequently originated type of loan was Conventional, with 20 originations.
Loan Reason
For 2023, The National Bank Of Malvern's most frequently cited loan purpose was Home Purchase, with 9 originations. The 2nd most popular reason was Refi, with 8 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 20 | $6,750,000 | $337,500 | $0 | 0.00% |
For 2023, The National Bank Of Malvern's most frequently cited loan duration was Other, with 20 originations.
Loan Sizing
2023 saw The National Bank Of Malvern place emphasis on $200k-400k loans with 8 originations, totaling $2,120,000 in origination value.
Applicant Income
The National Bank Of Malvern lent most frequently to those with incomes in the $250k+ range, with 6 originations. The second most popular income band? $150k-250k, with 3 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 20 | $6,750,000 | $337,500 | $0 | 0.00% |
The National Bank Of Malvern lent most frequently to those with DTI ratios of Exempt%, with 20 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications100.00%
The National Bank Of Malvern has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination95.00%
The National Bank Of Malvern has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 20 | $6,750,000 | $337,500 |