Helm Bank Usa Mortgage Rates, Fees & Info

Miami, FL

LEI: 254900OGMHGN3FQRRB74

Tax ID: 65-0159184

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Mortgage Data

Review & Overview

Helm Bank Usa is a smaller bank specializing in Home Purchase loans. Helm Bank Usa has a high proportion of conventional loans. Their top markets by origination volume include: Miami, Orlando, Lakeland, Crestview, and Tampa among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

Helm Bank Usa 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

192

Origination Dollar Volume (All Markets)

$99,460,000

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
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 88 $62,420,000 $709,318 $0 0.00%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 76 $29,000,000 $381,579 $0 0.00%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 13 $3,005,000 $231,154 $0 0.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $1,860,000 $930,000 $0 0.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $1,795,000 $256,429 $0 0.00%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $440,000 $220,000 $0 0.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $295,000 $295,000 $0 0.00%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $245,000 $245,000 $0 0.00%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%
OCALA, FL (FHA|USDA|VA) 1 $185,000 $185,000 $0 0.00%
Helm Bank Usa's top markets include Miami, Orlando, Lakeland, Crestview, and Tampa among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 192 $99,460,000 $518,021 $0 0.00%

    For 2023, Helm Bank Usa's most frequently originated type of loan was Conventional, with 192 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 178 $81,950,000 $460,393 $0 0.00%
    Refi 14 $17,510,000 $1,250,714 $0 0.00%

    For 2023, Helm Bank Usa's most frequently cited loan purpose was Home Purchase, with 178 originations. The 2nd most popular reason was Refi, with 14 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 192 $99,460,000 $518,021 $0 0.00%

    For 2023, Helm Bank Usa's most frequently cited loan duration was Other, with 192 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 106 $30,440,000 $287,170 $0 0.00%
    $400k-600k 32 $16,000,000 $500,000 $0 0.00%
    $600k-1MM 23 $18,185,000 $790,652 $0 0.00%
    $1MM+ 16 $32,310,000 $2,019,375 $0 0.00%
    $100k-200k 15 $2,525,000 $168,333 $0 0.00%

    2023 saw Helm Bank Usa place emphasis on $200k-400k loans with 106 originations, totaling $30,440,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 42 $35,120,000 $836,190 $0 0.00%
    $100k-150k 19 $4,935,000 $259,737 $0 0.00%
    $150k-250k 19 $7,315,000 $385,000 $0 0.00%
    $50k-75k 2 $490,000 $245,000 $0 0.00%
    $75k-100k 2 $510,000 $255,000 $0 0.00%

    Helm Bank Usa lent most frequently to those with incomes in the $250k+ range, with 42 originations. The second most popular income band? $100k-150k, with 19 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 192 $99,460,000 $518,021 $0 0.00%

    Helm Bank Usa lent most frequently to those with DTI ratios of Exempt%, with 192 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 108 $51,090,000 $473,056 $0 0.00%
    White 68 $41,010,000 $603,088 $0 0.00%
    Asian 11 $5,815,000 $528,636 $0 0.00%
    Not provided 5 $1,545,000 $309,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.31%

    Helm Bank Usa has an average approval rate.

    Pick Rate

    Approvals leading to origination
    75.52%

    Helm Bank Usa has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 192 $99,460,000 $518,021

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    192 $99,460,000 $518,021