First Federal Savings And Loan Association Mortgage Rates, Fees & Info
Pascagoula, MSLEI: 54930017IQ4KPG7QW263
Tax ID: 64-0341960
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First 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 Montgomery among others. We have data for 9 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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Originations
189Origination Dollar Volume (All Markets)
$37,875,000Top 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 |
|---|---|---|---|---|---|
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 149 | $28,675,000 | $192,450 | $0 | 0.00% |
| Outside of Metro Areas | 25 | $4,695,000 | $187,800 | $0 | 0.00% |
| MOBILE, AL (FHA|USDA|VA) | 6 | $2,020,000 | $336,667 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 3 | $1,235,000 | $411,667 | $0 | 0.00% |
| HATTIESBURG, MS (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $0 | 0.00% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 189 | $37,875,000 | $200,397 | $0 | 0.00% |
For 2024, First Federal Savings And Loan Association's most frequently originated type of loan was Conventional, with 189 originations.
Loan Reason
For 2024, First Federal Savings And Loan Association's most frequently cited loan purpose was Home Purchase, with 126 originations. The 2nd most popular reason was Home Improvement, with 28 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 189 | $37,875,000 | $200,397 | $0 | 0.00% |
For 2024, First Federal Savings And Loan Association's most frequently cited loan duration was Other, with 189 originations.
Loan Sizing
2024 saw First Federal Savings And Loan Association place emphasis on $200k-400k loans with 63 originations, totaling $18,055,000 in origination value.
Applicant Income
First Federal Savings And Loan Association lent most frequently to those with incomes in the $100k-150k range, with 54 originations. The second most popular income band? $150k-250k, with 49 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 189 | $37,875,000 | $200,397 | $0 | 0.00% |
First Federal Savings And Loan Association lent most frequently to those with DTI ratios of Exempt%, with 189 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.27%
First Federal Savings And Loan Association has an average approval rate.
Pick Rate
Approvals leading to origination87.30%
First Federal Savings And Loan Association has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 189 | $37,875,000 | $200,397 |