Hatboro Federal Savings Fa Mortgage Rates, Fees & Info

Hatboro, PA

LEI: 254900PVPKN915ZIGZ02

Tax ID: 23-0679657

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

Review & Overview

Hatboro Federal Savings Fa is a smaller mortgage company specializing in Home Purchase loans. Hatboro Federal Savings Fa has a high proportion of conventional loans. Their top two markets are Philadelphia and Reading .

Hatboro Federal Savings Fa 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.

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

224

Origination Dollar Volume (All Markets)

$73,770,000

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
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 221 $72,805,000 $329,434 $0 0.00%
READING, PA (FHA|USDA|VA) 3 $965,000 $321,667 $0 0.00%
Hatboro Federal Savings Fa's top markets include Philadelphia and Reading among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 224 $73,770,000 $329,330 $0 0.00%

    For 2024, Hatboro Federal Savings Fa's most frequently originated type of loan was Conventional, with 224 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 181 $68,175,000 $376,657 $0 0.00%
    Other 19 $1,915,000 $100,789 $0 0.00%
    Home Improvement 13 $625,000 $48,077 $0 0.00%
    Refi 11 $3,055,000 $277,727 $0 0.00%

    For 2024, Hatboro Federal Savings Fa's most frequently cited loan purpose was Home Purchase, with 181 originations. The 2nd most popular reason was Other, with 19 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 224 $73,770,000 $329,330 $0 0.00%

    For 2024, Hatboro Federal Savings Fa's most frequently cited loan duration was Other, with 224 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 88 $27,820,000 $316,136 $0 0.00%
    $400k-600k 66 $30,810,000 $466,818 $0 0.00%
    $100,000 or less 30 $1,460,000 $48,667 $0 0.00%
    $100k-200k 25 $3,735,000 $149,400 $0 0.00%
    $600k-1MM 15 $9,945,000 $663,000 $0 0.00%

    2024 saw Hatboro Federal Savings Fa place emphasis on $200k-400k loans with 88 originations, totaling $27,820,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 77 $29,345,000 $381,104 $0 0.00%
    $100k-150k 51 $16,275,000 $319,118 $0 0.00%
    $250k+ 35 $17,325,000 $495,000 $0 0.00%
    $75k-100k 22 $5,010,000 $227,727 $0 0.00%
    $50k-75k 17 $2,655,000 $156,176 $0 0.00%
    $50k or less 10 $880,000 $88,000 $0 0.00%

    Hatboro Federal Savings Fa lent most frequently to those with incomes in the $150k-250k range, with 77 originations. The second most popular income band? $100k-150k, with 51 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 224 $73,770,000 $329,330 $0 0.00%

    Hatboro Federal Savings Fa lent most frequently to those with DTI ratios of Exempt%, with 224 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 185 $60,135,000 $325,054 $0 0.00%
    Not provided 17 $6,585,000 $387,353 $0 0.00%
    Asian 7 $2,695,000 $385,000 $0 0.00%
    Not applicable 9 $2,165,000 $240,556 $0 0.00%
    Black 4 $1,100,000 $275,000 $0 0.00%
    Asian Indian 2 $1,090,000 $545,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    97.24%

    Hatboro Federal Savings Fa has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    89.73%

    Hatboro Federal Savings Fa has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 224 $73,770,000 $329,330

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    224 $73,770,000 $329,330