The Harbor Bank Of Maryland Mortgage Rates, Fees & Info
BALTIMORE, MDLEI: 254900PJE92MJL4Y1A11
Tax ID: 52-1242823
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
The Harbor Bank Of Maryland is a smaller bank specializing in Cash Out Refi and Home Purchase loans. The Harbor Bank Of Maryland has a high proportion of conventional loans. Their top two markets are Baltimore and Washington .The Harbor Bank Of Maryland 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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
28Origination Dollar Volume (All Markets)
$8,100,000Top 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 |
---|---|---|---|---|---|
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 23 | $5,835,000 | $253,696 | $0 | 0.00% |
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 5 | $2,265,000 | $453,000 | $0 | 0.00% |
Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 28 | $8,100,000 | $289,286 | $0 | 0.00% |
For 2019, The Harbor Bank Of Maryland's most frequently originated type of loan was Conventional, with 28 originations.
Loan Reason
For 2019, The Harbor Bank Of Maryland's most frequently cited loan purpose was Cash Out Refi, with 11 originations. The 2nd most popular reason was Home Purchase, with 7 originations.
Loan Duration/Length
Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Other | 28 | $8,100,000 | $289,286 | $0 | 0.00% |
For 2019, The Harbor Bank Of Maryland's most frequently cited loan duration was Other, with 28 originations.
Loan Sizing
2019 saw The Harbor Bank Of Maryland place emphasis on $100,000 or less loans with 9 originations, totaling $585,000 in origination value.
Applicant Income
The Harbor Bank Of Maryland lent most frequently to those with incomes in the $100k-150k range, with 3 originations. The second most popular income band? $250k+, with 2 originations.
Applicant Debt to Income Ratio
DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Exempt% | 28 | $8,100,000 | $289,286 | $0 | 0.00% |
The Harbor Bank Of Maryland lent most frequently to those with DTI ratios of Exempt%, with 28 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications72.73%
The Harbor Bank Of Maryland has a below average approval rate.
Pick Rate
Approvals leading to origination85.71%
The Harbor Bank Of Maryland has an average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
Exempt | 28 | $8,100,000 | $289,286 |