First Savings Bank Mortgage Rates, Fees & Info
Beresford, SDLEI: 254900PHRI1MCM69UM20
Tax ID: 46-0403712
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Mortgage Data
Review & Overview
First Savings Bank is a smaller bank specializing in Home Purchase and Refi loans. First Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Ruidoso, El Paso, Alamogordo, Omaha, and Lake Havasu City among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)First 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.
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Originations
70Origination Dollar Volume (All Markets)
$22,830,000Top 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 |
|---|---|---|---|---|---|
| Ruidoso, NM (FHA|USDA|VA) | 5 | $4,495,000 | $899,000 | $0 | 0.00% |
| EL PASO, TX (FHA|USDA|VA) | 12 | $4,080,000 | $340,000 | $0 | 0.00% |
| Outside of Metro Areas | 15 | $2,715,000 | $181,000 | $0 | 0.00% |
| Alamogordo, NM (FHA|USDA|VA) | 9 | $1,835,000 | $203,889 | $0 | 0.00% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 8 | $1,800,000 | $225,000 | $0 | 0.00% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $0 | 0.00% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 7 | $1,485,000 | $212,143 | $0 | 0.00% |
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 3 | $1,455,000 | $485,000 | $0 | 0.00% |
| LAS CRUCES, NM (FHA|USDA|VA) | 4 | $1,110,000 | $277,500 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 2 | $1,070,000 | $535,000 | $0 | 0.00% |
| Beatrice, NE (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $0 | 0.00% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Yankton, SD (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 70 | $22,830,000 | $326,143 | $0 | 0.00% |
For 2023, First Savings Bank's most frequently originated type of loan was Conventional, with 70 originations.
Loan Reason
For 2023, First Savings Bank's most frequently cited loan purpose was Home Purchase, with 47 originations. The 2nd most popular reason was Refi, with 12 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 70 | $22,830,000 | $326,143 | $0 | 0.00% |
For 2023, First Savings Bank's most frequently cited loan duration was Other, with 70 originations.
Loan Sizing
2023 saw First Savings Bank place emphasis on $100k-200k loans with 24 originations, totaling $3,450,000 in origination value.
Applicant Income
First Savings Bank lent most frequently to those with incomes in the $150k-250k range, with 7 originations. The second most popular income band? $50k or less, with 7 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 70 | $22,830,000 | $326,143 | $0 | 0.00% |
First Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 70 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.80%
First Savings Bank has an average approval rate.
Pick Rate
Approvals leading to origination74.29%
First Savings Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 70 | $22,830,000 | $326,143 |