The Lyons National Bank Mortgage Rates, Fees & Info
Lyons, NYLEI: 254900Q6IHGQO7INVC79
Tax ID: 15-0372430
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
The Lyons National Bank is a smaller bank specializing in Home Purchase loans. The Lyons National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Rochester, Auburn, Syracuse, Seneca Falls, and Corning among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)The Lyons National Bank 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. The Lyons National Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.
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.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.72% | 7/7/25 |
| 30 Year Conventional Purchase | 6.97% | 7/7/25 |
| 30 Year Conventional Refi | 7.18% | 7/7/25 |
| 30 Year Cash-out Refi | 7.11% | 7/7/25 |
| 15 Year Conventional Purchase | 6.28% | 7/7/25 |
| 15 Year Conventional Refi | 7.18% | 7/7/25 |
| 15 Year Cash-out Refi | 7.18% | 7/7/25 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
The Lyons National Bank Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from The Lyons National Bank. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,062Origination Dollar Volume (All Markets)
$206,690,000Awards
The Lyons National Bank - 2024
The Lyons National Bank is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
Work for The Lyons National Bank?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
The Lyons National Bank's average 30 year fixed mortgage rate was
7.11%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.56%.
Relative Fees (Closing Costs)
The Lyons National Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $4,091.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $8,356.
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 |
|---|---|---|---|---|---|
| ROCHESTER, NY (FHA|USDA|VA) | 733 | $142,555,000 | $194,482 | $3,165 | 7.32% |
| Auburn, NY (FHA|USDA|VA) | 120 | $21,580,000 | $179,833 | $3,917 | 7.08% |
| SYRACUSE, NY (FHA|USDA|VA) | 62 | $13,240,000 | $213,548 | $4,200 | 7.19% |
| Seneca Falls, NY (FHA|USDA|VA) | 74 | $13,160,000 | $177,838 | $3,002 | 7.33% |
| Corning, NY (FHA|USDA|VA) | 29 | $5,645,000 | $194,655 | $2,546 | 7.39% |
| Outside of Metro Areas | 14 | $3,350,000 | $239,286 | $4,236 | 7.28% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 5 | $1,405,000 | $281,000 | $3,589 | 7.23% |
| UTICA-ROME, NY (FHA|USDA|VA) | 5 | $905,000 | $181,000 | $538 | 8.03% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 2 | $800,000 | $400,000 | $0 | 7.44% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $21,964 | 7.38% |
| ITHACA, NY (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $0 | 7.56% |
| Batavia, NY (FHA|USDA|VA) | 5 | $625,000 | $125,000 | $3,141 | 8.08% |
| Olean, NY (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 7.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $9,574 | 6.50% |
| Cortland, NY (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $6,092 | 7.45% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $5,492 | 7.25% |
| ELMIRA, NY (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $3,946 | 7.08% |
| BINGHAMTON, NY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $9,205 | 6.50% |
Similar Lenders
We use machine learning to identify the top lenders compared against The Lyons National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 17
Similarity Rank: 20
Similarity Rank: 26
Similarity Rank: 48
Similarity Rank: 81
Similarity Rank: 120
Similarity Rank: 170
Similarity Rank: 195
Similarity Rank: 270
Similarity Rank: 285
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 807 | $178,615,000 | $221,332 | $3,374 | 7.06% |
| HELOC | 255 | $28,075,000 | $110,098 | n/a | 8.00% |
For 2024, The Lyons National Bank's most frequently originated type of loan was Conventional, with 807 originations. Their 2nd most popular type was HELOC, with 255 originations.
Loan Reason
For 2024, The Lyons National Bank's most frequently cited loan purpose was Home Purchase, with 657 originations. The 2nd most popular reason was Home Improvement, with 228 originations.
Loan Duration/Length
For 2024, The Lyons National Bank's most frequently cited loan duration was 30 Year, with 699 originations. The 2nd most popular length was 20 Year, with 114 originations.
Origination Fees/Closing Costs
The Lyons National Bank's average total fees were $4,091, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 420 originations.
Interest Rates
During 2024, The Lyons National Bank's average interest rate for loans was 7.11%, while their most frequently originated rate bucket for loans was 7-8%, with 504 originations.
Loan Sizing
2024 saw The Lyons National Bank place emphasis on $100k-200k loans with 367 originations, totaling $53,265,000 in origination value.
Applicant Income
The Lyons National Bank lent most frequently to those with incomes in the $100k-150k range, with 222 originations. The second most popular income band? $150k-250k, with 208 originations.
Applicant Debt to Income Ratio
The Lyons National Bank lent most frequently to those with DTI ratios of 30-36%, with 200 originations. The next most common DTI ratio? 20-30%, with 178 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.63%
The Lyons National Bank has an average approval rate.
Pick Rate
Approvals leading to origination91.34%
The Lyons National Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,062 | $206,690,000 | $194,623 |