Skyline National Bank Mortgage Rates, Fees & Info
Independence, VALEI: 254900R1UY5PAEIHXX38
Tax ID: 54-0228860
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Mortgage Data
Review & Overview
Skyline National Bank is a smaller bank specializing in Home Purchase loans. Skyline National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Blacksburg, Hickory, Roanoke, Winston, and Boone among others. We have data for 29 markets. (Some data included below & more in-depth data is available with an active subscription.)Skyline 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.
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Originations
534Origination Dollar Volume (All Markets)
$105,970,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 277 | $41,935,000 | $151,390 | $0 | 0.00% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 55 | $14,915,000 | $271,182 | $0 | 0.00% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 49 | $9,225,000 | $188,265 | $0 | 0.00% |
| ROANOKE, VA (FHA|USDA|VA) | 43 | $8,255,000 | $191,977 | $0 | 0.00% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 39 | $7,645,000 | $196,026 | $0 | 0.00% |
| Boone, NC (FHA|USDA|VA) | 15 | $4,985,000 | $332,333 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 9 | $4,625,000 | $513,889 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $2,490,000 | $1,245,000 | $0 | 0.00% |
| North Wilkesboro, NC (FHA|USDA|VA) | 13 | $2,195,000 | $168,846 | $0 | 0.00% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $1,540,000 | $770,000 | $0 | 0.00% |
| Martinsville, VA (FHA|USDA|VA) | 3 | $1,465,000 | $488,333 | $0 | 0.00% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 3 | $915,000 | $305,000 | $0 | 0.00% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $0 | 0.00% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| Mount Airy, NC (FHA|USDA|VA) | 5 | $705,000 | $141,000 | $0 | 0.00% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| Bluefield, WV-VA (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 0.00% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| Wilson, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| LYNCHBURG, VA (FHA|USDA|VA) | 3 | $225,000 | $75,000 | $0 | 0.00% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Danville, VA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Marion, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 534 | $105,970,000 | $198,446 | $0 | 0.00% |
For 2023, Skyline National Bank's most frequently originated type of loan was Conventional, with 534 originations.
Loan Reason
For 2023, Skyline National Bank's most frequently cited loan purpose was Home Purchase, with 214 originations. The 2nd most popular reason was Other, with 150 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 534 | $105,970,000 | $198,446 | $0 | 0.00% |
For 2023, Skyline National Bank's most frequently cited loan duration was Other, with 534 originations.
Loan Sizing
2023 saw Skyline National Bank place emphasis on $100,000 or less loans with 200 originations, totaling $11,420,000 in origination value.
Applicant Income
Skyline National Bank lent most frequently to those with incomes in the $150k-250k range, with 89 originations. The second most popular income band? $100k-150k, with 82 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 534 | $105,970,000 | $198,446 | $0 | 0.00% |
Skyline National Bank lent most frequently to those with DTI ratios of Exempt%, with 534 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.54%
Skyline National Bank has an average approval rate.
Pick Rate
Approvals leading to origination91.76%
Skyline National Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 534 | $105,970,000 | $198,446 |