First Federal Savings And Loan Association Mortgage Rates, Fees & InfoPascagoula, MS
Tax ID: 64-0341960
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewFirst Federal Savings And Loan Association is a smaller mortgage company specializing in Home Purchase loans. First Federal Savings And Loan Association has a high proportion of conventional loans. Their top markets by origination volume include: Gulfport, Mobile, Daphne, Hattiesburg, and Picayune among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)
First Federal Savings And Loan Association 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.
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Origination Dollar Volume (All Markets)$65,290,000
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|
|GULFPORT-BILOXI, MS (FHA|USDA|VA)||228||$49,730,000||$218,114||$0||0.00%|
|Outside of Metro Areas||29||$7,505,000||$258,793||$0||0.00%|
|MOBILE, AL (FHA|USDA|VA)||10||$3,900,000||$390,000||$0||0.00%|
|DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA)||8||$2,480,000||$310,000||$0||0.00%|
|HATTIESBURG, MS (FHA|USDA|VA)||3||$865,000||$288,333||$0||0.00%|
|Picayune, MS (FHA|USDA|VA)||2||$810,000||$405,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, First Federal Savings And Loan Association's most frequently originated type of loan was Conventional, with 280 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
|Cash Out Refi||62||$8,920,000||$143,871||$0||0.00%|
For 2022, First Federal Savings And Loan Association's most frequently cited loan purpose was Home Purchase, with 191 originations. The 2nd most popular reason was Cash Out Refi, with 62 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, First Federal Savings And Loan Association's most frequently cited loan duration was Other, with 280 originations.
2022 saw First Federal Savings And Loan Association place emphasis on $200k-400k loans with 126 originations, totaling $37,270,000 in origination value.
First Federal Savings And Loan Association lent most frequently to those with incomes in the $100k-150k range, with 92 originations. The second most popular income band? $75k-100k, with 52 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
First Federal Savings And Loan Association lent most frequently to those with DTI ratios of Exempt%, with 280 originations.
Approval RatesTotal approvals of all applications
First Federal Savings And Loan Association has an average approval rate.
Pick RateApprovals leading to origination
First Federal Savings And Loan Association has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|
|Bank Name||Product||Issue||2022 CPFB Complaints||% of Total Issues|
|FIRST GUARANTY MORTGAGE CORP||Conventional home mortgage||Struggling to pay mortgage||1||100.0%|