Woori America Bank Mortgage Rates, Fees & Info
New York, NYLEI: 5493001FKX0BM8GN6P73
Tax ID: 13-3192702
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Woori America Bank is a smaller bank specializing in Home Purchase loans. Woori America Bank has a high proportion of conventional loans. Their top markets by origination volume include: New York, Los Angeles, Philadelphia, Washington, and Atlanta among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)Woori America Bank has an 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
203Origination Dollar Volume (All Markets)
$127,315,000Top 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 |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 93 | $61,855,000 | $665,108 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 16 | $17,480,000 | $1,092,500 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 23 | $10,085,000 | $438,478 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 21 | $9,755,000 | $464,524 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 13 | $6,825,000 | $525,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 6 | $4,960,000 | $826,667 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 8 | $4,670,000 | $583,750 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 8 | $3,380,000 | $422,500 | $0 | 0.00% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $2,005,000 | $2,005,000 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $1,840,000 | $920,000 | $0 | 0.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 3 | $1,275,000 | $425,000 | $0 | 0.00% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 3 | $1,105,000 | $368,333 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $845,000 | $845,000 | $0 | 0.00% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $0 | 0.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 203 | $127,315,000 | $627,167 | $0 | 0.00% |
For 2022, Woori America Bank's most frequently originated type of loan was Conventional, with 203 originations.
Loan Reason
For 2022, Woori America Bank's most frequently cited loan purpose was Home Purchase, with 162 originations. The 2nd most popular reason was Refi, with 26 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 203 | $127,315,000 | $627,167 | $0 | 0.00% |
For 2022, Woori America Bank's most frequently cited loan duration was Other, with 203 originations.
Loan Sizing
2022 saw Woori America Bank place emphasis on $200k-400k loans with 58 originations, totaling $17,140,000 in origination value.
Applicant Income
Woori America Bank lent most frequently to those with incomes in the $250k+ range, with 50 originations. The second most popular income band? $150k-250k, with 47 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 203 | $127,315,000 | $627,167 | $0 | 0.00% |
Woori America Bank lent most frequently to those with DTI ratios of Exempt%, with 203 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.73%
Woori America Bank has an average approval rate.
Pick Rate
Approvals leading to origination78.82%
Woori America Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 203 | $127,315,000 | $627,167 |