Mid-hudson Valley Mortgage Rates, Fees & Info

Kingston, NY

LEI: 5493001VQ02LHMFEXJ21

Tax ID: 14-1471539

5 stars - Updated: 4/5/25 - out of 5 stars, based on 25 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Mid-hudson Valley is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. Mid-hudson Valley has a high proportion of conventional loans. Their top markets by origination volume include: Poughkeepsie, Kingston, New York, Hudson, and Albany among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Mid-hudson Valley 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. Mid-hudson Valley 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.72% 4/5/25
    30 Year Conventional Purchase 6.90% 4/5/25
    30 Year Conventional Refi 6.18% 4/5/25
    30 Year Cash-out Refi 6.97% 4/5/25
    15 Year Conventional Purchase 5.87% 4/5/25
    15 Year Conventional Refi 6.67% 4/5/25
    15 Year Cash-out Refi 6.67% 4/5/25
    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.

    Mid-hudson Valley Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Mid-hudson Valley. 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

    647

    Origination Dollar Volume (All Markets)

    $103,845,000
    Show all (6) awards

    Relative Rate

    Mid-hudson Valley's average 30 year fixed mortgage rate was 6.44%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of -0.11%.

    Relative Fees (Closing Costs)

    Mid-hudson Valley's average total fees/closing costs for a 30 year fixed rate mortgage were $5,597.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $8,356.

    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
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 260 $42,840,000 $164,769 $2,859 7.30%
    KINGSTON, NY (FHA|USDA|VA) 259 $33,735,000 $130,251 $1,899 7.38%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 67 $17,285,000 $257,985 $3,593 7.39%
    Outside of Metro Areas 39 $5,725,000 $146,795 $3,147 7.28%
    Hudson, NY (FHA|USDA|VA) 13 $2,315,000 $178,077 $3,587 7.54%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 4 $870,000 $217,500 $4,710 6.47%
    GLENS FALLS, NY (FHA|USDA|VA) 2 $640,000 $320,000 $4,401 6.38%
    Gloversville, NY (FHA|USDA|VA) 1 $185,000 $185,000 $3,710 6.50%
    WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $155,000 $155,000 $4,148 6.63%
    Amsterdam, NY (FHA|USDA|VA) 1 $95,000 $95,000 $3,190 6.13%
    Mid-hudson Valley's top markets include Poughkeepsie, Kingston, New York, Hudson, and Albany among others.

    Their top states include:
  • New York (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against MID-HUDSON VALLEY based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Columbia Bank
    Similarity Rank: 64
    N C P D Federal Credit Union
    Similarity Rank: 126
    BNB Bank
    Similarity Rank: 154
    Rhinebeck Bank
    Similarity Rank: 156
    ISLAND
    Similarity Rank: 260
    PCSB Bank
    Similarity Rank: 384
    Bogota Savings Bank
    Similarity Rank: 450
    ATLANTIS MORTGAGE CO., INC.
    Similarity Rank: 504
    Nassau Educators Federal Credit Union
    Similarity Rank: 504
    POLISH & SLAVIC FEDERAL CREDIT UNION
    Similarity Rank: 506

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 394 $76,180,000 $193,350 $2,600 6.79%
    HELOC 253 $27,665,000 $109,348 n/a 8.18%

    For 2024, Mid-hudson Valley's most frequently originated type of loan was Conventional, with 394 originations. Their 2nd most popular type was HELOC, with 253 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 403 $44,105,000 $109,442 $970 7.60%
    Home Purchase 130 $46,320,000 $356,308 $6,078 6.42%
    Home Improvement 73 $7,235,000 $99,110 $649 7.66%
    Refi 32 $5,200,000 $162,500 $1,508 6.71%
    Other 9 $985,000 $109,444 $488 7.78%

    For 2024, Mid-hudson Valley's most frequently cited loan purpose was Cash Out Refi, with 403 originations. The 2nd most popular reason was Home Purchase, with 130 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 215 $23,605,000 $109,791 $482 8.18%
    20 Year 138 $12,690,000 $91,957 $611 7.47%
    30 Year 132 $39,070,000 $295,985 $5,597 6.44%
    15 Year 73 $15,625,000 $214,041 $734 6.97%
    10 Year 58 $4,650,000 $80,172 $614 6.73%
    5 Year 15 $845,000 $56,333 $511 6.40%
    30+ year 14 $6,290,000 $449,286 $10,132 6.34%
    1 Year 2 $1,070,000 $535,000 $0 9.25%

    For 2024, Mid-hudson Valley's most frequently cited loan duration was Other, with 215 originations. The 2nd most popular length was 20 Year, with 138 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 301 $39,585,000 $131,512
    $1k-2k 22 $6,190,000 $281,364
    $5k+ 18 $9,200,000 $511,111
    $2k-3k 14 $4,230,000 $302,143
    $3k-4k 9 $2,535,000 $281,667
    $4k-5k 5 $1,785,000 $357,000

    Mid-hudson Valley's average total fees were $5,597, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 301 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 239 $49,465,000 $206,967
    Over 8% 225 $25,825,000 $114,778
    7-8% 145 $15,075,000 $103,966
    5-6% 34 $12,790,000 $376,176
    <2.5% 3 $635,000 $211,667
    4-5% 1 $55,000 $55,000

    During 2024, Mid-hudson Valley's average interest rate for loans was 6.44%, while their most frequently originated rate bucket for loans was 6-7%, with 239 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 282 $17,050,000 $60,461 $571 7.47%
    $100k-200k 227 $32,645,000 $143,811 $1,523 7.66%
    $200k-400k 93 $26,085,000 $280,484 $5,447 6.46%
    $400k-600k 30 $14,110,000 $470,333 $8,289 6.61%
    $600k-1MM 12 $8,840,000 $736,667 $8,786 6.72%
    $1MM+ 3 $5,115,000 $1,705,000 $17,511 6.33%

    2024 saw Mid-hudson Valley place emphasis on $100,000 or less loans with 282 originations, totaling $17,050,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 189 $28,175,000 $149,074 $2,680 7.32%
    $150k-250k 161 $27,685,000 $171,957 $3,252 7.47%
    $75k-100k 100 $10,990,000 $109,900 $1,905 7.32%
    $50k-75k 78 $8,190,000 $105,000 $1,880 7.20%
    $250k+ 64 $14,090,000 $220,156 $3,625 7.49%
    $50k or less 28 $2,100,000 $75,000 $1,354 7.17%

    Mid-hudson Valley lent most frequently to those with incomes in the $100k-150k range, with 189 originations. The second most popular income band? $150k-250k, with 161 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 131 $17,595,000 $134,313 $2,448 7.37%
    30-36% 118 $18,100,000 $153,390 $3,061 7.29%
    44% 42 $5,900,000 $140,476 $1,740 7.44%
    <20% 35 $3,755,000 $107,286 $1,862 7.64%
    42% 30 $4,940,000 $164,667 $3,209 7.28%
    43% 29 $4,775,000 $164,655 $2,900 7.36%
    41% 25 $3,515,000 $140,600 $2,154 7.08%
    50-60% 24 $4,380,000 $182,500 $3,543 7.56%
    39% 24 $3,640,000 $151,667 $1,991 7.19%
    37% 23 $3,325,000 $144,565 $2,281 7.51%
    36% 23 $2,775,000 $120,652 $1,588 7.34%
    38% 22 $3,950,000 $179,545 $2,625 7.36%
    40% 22 $3,450,000 $156,818 $2,668 7.21%
    45% 21 $2,335,000 $111,190 $1,966 7.42%
    46% 18 $2,850,000 $158,333 $2,681 7.27%
    >60% 14 $1,990,000 $142,143 $533 7.53%
    48% 10 $1,430,000 $143,000 $5,557 7.51%
    49% 7 $995,000 $142,143 $1,826 7.55%
    47% 5 $2,245,000 $449,000 $8,344 6.43%

    Mid-hudson Valley lent most frequently to those with DTI ratios of 20-30%, with 131 originations. The next most common DTI ratio? 30-36%, with 118 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 397 $59,705,000 $150,390 $2,405 7.23%
    Not provided 192 $26,060,000 $135,729 $3,190 7.74%
    Not applicable 21 $11,415,000 $543,571 $0 6.59%
    Black 27 $4,435,000 $164,259 $2,783 6.63%
    Asian 8 $1,410,000 $176,250 $2,856 7.31%
    Asian Indian 1 $415,000 $415,000 $7,722 7.00%
    Korean 1 $405,000 $405,000 $8,597 6.38%

    Approval Rates

    Total approvals of all applications
    70.42%

    Mid-hudson Valley has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    75.89%

    Mid-hudson Valley has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 647 $103,845,000 $160,502

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    647 $103,845,000 $160,502

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 223 $26,935,000 $120,785 $1,148 7.59%
    40-60% 65 $15,405,000 $237,000 $3,591 7.21%
    60-80% 58 $23,100,000 $398,276 $6,090 6.66%
    80-100% 62 $20,650,000 $333,065 $6,173 6.45%
    Over 100% 2 $970,000 $485,000 $7,849 6.25%
    Under 20% 237 $16,785,000 $70,823 $564 7.53%