Pathfinder Bank Mortgage Rates, Fees & Info
Oswego, NYLEI: 254900WBNJ2MGXXXDY75
Tax ID: 15-0408130
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Mortgage Data
Review & Overview
Pathfinder Bank is a smaller bank specializing in Home Purchase loans. Pathfinder Bank has a high proportion of conventional loans. Their top markets by origination volume include: Syracuse, New York, Nashville, Binghamton, and Miami among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)Pathfinder 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. Pathfinder 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 about average 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.89% | 11/22/24 |
| 30 Year Conventional Refi | 5.87% | 11/22/24 |
| 30 Year Cash-out Refi | 6.96% | 11/22/24 |
| 15 Year Conventional Purchase | 6.71% | 11/22/24 |
| 15 Year Conventional Refi | 6.05% | 11/22/24 |
| 15 Year Cash-out Refi | 6.05% | 11/22/24 |
| 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. | ||
Pathfinder Bank Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Pathfinder 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
278Origination Dollar Volume (All Markets)
$84,660,000Awards
Pathfinder Bank - 2022
Pathfinder Bank is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| SYRACUSE, NY (FHA|USDA|VA) | 248 | $68,120,000 | $274,677 | $3,143 | 5.11% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 2 | $3,090,000 | $1,545,000 | $0 | 4.31% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $3,000,000 | $1,500,000 | $9,113 | 3.13% |
| BINGHAMTON, NY (FHA|USDA|VA) | 1 | $2,575,000 | $2,575,000 | $0 | 4.25% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $1,710,000 | $855,000 | $7,258 | 5.56% |
| Auburn, NY (FHA|USDA|VA) | 5 | $1,275,000 | $255,000 | $3,386 | 4.08% |
| UTICA-ROME, NY (FHA|USDA|VA) | 6 | $790,000 | $131,667 | $3,582 | 5.28% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $4,062 | 4.81% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 3.25% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $4,491 | 6.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $3,847 | 4.38% |
| Outside of Metro Areas | 1 | $365,000 | $365,000 | $3,519 | 5.38% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,141 | 5.13% |
| Seneca Falls, NY (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $2,316 | 5.63% |
| ROCHESTER, NY (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,341 | 5.75% |
| WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $540 | 5.75% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.75% |
| Malone, NY (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $201 | 5.75% |
Similar Lenders
We use machine learning to identify the top lenders compared against Pathfinder Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 278 | $84,660,000 | $304,532 | $3,209 | 5.08% |
For 2022, Pathfinder Bank's most frequently originated type of loan was Conventional, with 278 originations.
Loan Reason
For 2022, Pathfinder Bank's most frequently cited loan purpose was Home Purchase, with 163 originations. The 2nd most popular reason was Cash Out Refi, with 78 originations.
Loan Duration/Length
For 2022, Pathfinder Bank's most frequently cited loan duration was 30 Year, with 94 originations. The 2nd most popular length was 20 Year, with 60 originations.
Origination Fees/Closing Costs
Pathfinder Bank's average total fees were $3,031, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 162 originations.
Interest Rates
During 2022, Pathfinder Bank's average interest rate for loans was 5.07%, while their most frequently originated rate bucket for loans was 5-6%, with 92 originations.
Loan Sizing
2022 saw Pathfinder Bank place emphasis on $100,000 or less loans with 99 originations, totaling $5,975,000 in origination value.
Applicant Income
Pathfinder Bank lent most frequently to those with incomes in the $50k-75k range, with 45 originations. The second most popular income band? $100k-150k, with 42 originations.
Applicant Debt to Income Ratio
Pathfinder Bank lent most frequently to those with DTI ratios of 20-30%, with 59 originations. The next most common DTI ratio? 30-36%, with 51 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.18%
Pathfinder Bank has an average approval rate.
Pick Rate
Approvals leading to origination91.01%
Pathfinder Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 278 | $84,660,000 | $304,532 |