Hatboro Federal Savings Fa Mortgage Rates, Fees & Info

Hatboro, PA

LEI: 254900PVPKN915ZIGZ02

Tax ID: 23-0679657

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Hatboro Federal Savings Fa is a smaller mortgage company specializing in Home Purchase and Refi 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 an above average pick rate when compared to similar lenders.

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    Originations

    266

    Origination Dollar Volume (All Markets)

    $64,390,000

    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) 265 $64,145,000 $242,057 $0 0.00%
    READING, PA (FHA|USDA|VA) 1 $245,000 $245,000 $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 266 $64,390,000 $242,068 $0 0.00%

    For 2022, Hatboro Federal Savings Fa's most frequently originated type of loan was Conventional, with 266 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 119 $40,535,000 $340,630 $0 0.00%
    Refi 84 $18,520,000 $220,476 $0 0.00%
    Home Improvement 37 $2,585,000 $69,865 $0 0.00%
    Other 26 $2,750,000 $105,769 $0 0.00%

    For 2022, Hatboro Federal Savings Fa's most frequently cited loan purpose was Home Purchase, with 119 originations. The 2nd most popular reason was Refi, with 84 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 266 $64,390,000 $242,068 $0 0.00%

    For 2022, Hatboro Federal Savings Fa's most frequently cited loan duration was Other, with 266 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 113 $33,035,000 $292,345 $0 0.00%
    $100,000 or less 58 $2,530,000 $43,621 $0 0.00%
    $100k-200k 50 $7,340,000 $146,800 $0 0.00%
    $400k-600k 42 $19,660,000 $468,095 $0 0.00%
    $600k-1MM 3 $1,825,000 $608,333 $0 0.00%

    2022 saw Hatboro Federal Savings Fa place emphasis on $200k-400k loans with 113 originations, totaling $33,035,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 79 $21,555,000 $272,848 $0 0.00%
    $150k-250k 57 $15,595,000 $273,596 $0 0.00%
    $75k-100k 44 $8,780,000 $199,545 $0 0.00%
    $50k-75k 39 $7,055,000 $180,897 $0 0.00%
    $250k+ 18 $6,400,000 $355,556 $0 0.00%
    $50k or less 14 $1,460,000 $104,286 $0 0.00%

    Hatboro Federal Savings Fa lent most frequently to those with incomes in the $100k-150k range, with 79 originations. The second most popular income band? $150k-250k, with 57 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 266 $64,390,000 $242,068 $0 0.00%

    Hatboro Federal Savings Fa lent most frequently to those with DTI ratios of Exempt%, with 266 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 234 $56,280,000 $240,513 $0 0.00%
    Not provided 13 $3,595,000 $276,538 $0 0.00%
    Not applicable 12 $3,140,000 $261,667 $0 0.00%
    Asian 6 $1,320,000 $220,000 $0 0.00%
    Black 1 $55,000 $55,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.81%

    Hatboro Federal Savings Fa has an average approval rate.

    Pick Rate

    Approvals leading to origination
    90.23%

    Hatboro Federal Savings Fa has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 266 $64,390,000 $242,068

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    266 $64,390,000 $242,068