Helm Bank Usa Mortgage Rates, Fees & Info
Miami, FLLEI: 254900OGMHGN3FQRRB74
Tax ID: 65-0159184
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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, Homosassa Springs, Cape Coral, and Lakeland among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Helm Bank Usa has an above 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
123Origination Dollar Volume (All Markets)
$72,305,000Top 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 |
|---|---|---|---|---|---|
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 86 | $55,900,000 | $650,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 32 | $14,560,000 | $455,000 | $0 | 0.00% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 123 | $72,305,000 | $587,846 | $0 | 0.00% |
For 2022, Helm Bank Usa's most frequently originated type of loan was Conventional, with 123 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 107 | $63,525,000 | $593,692 | $0 | 0.00% |
| Refi | 15 | $8,395,000 | $559,667 | $0 | 0.00% |
| Other | 1 | $385,000 | $385,000 | $0 | 0.00% |
For 2022, Helm Bank Usa's most frequently cited loan purpose was Home Purchase, with 107 originations. The 2nd most popular reason was Refi, with 15 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 123 | $72,305,000 | $587,846 | $0 | 0.00% |
For 2022, Helm Bank Usa's most frequently cited loan duration was Other, with 123 originations.
Loan Sizing
2022 saw Helm Bank Usa place emphasis on $200k-400k loans with 44 originations, totaling $12,820,000 in origination value.
Applicant Income
Helm Bank Usa lent most frequently to those with incomes in the $250k+ range, with 25 originations. The second most popular income band? $150k-250k, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 123 | $72,305,000 | $587,846 | $0 | 0.00% |
Helm Bank Usa lent most frequently to those with DTI ratios of Exempt%, with 123 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.67%
Helm Bank Usa has an average approval rate.
Pick Rate
Approvals leading to origination60.98%
Helm Bank Usa has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 123 | $72,305,000 | $587,846 |