Pendleton Community Bank Mortgage Rates, Fees & Info
Franklin, WVLEI: 5493002B3KWBDNOTY262
Tax ID: 55-0251555
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Pendleton Community Bank is a smaller bank specializing in Home Purchase and Refi loans. Pendleton Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Harrisonburg, Beckley, Staunton, Charlottesville, and Washington among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)Pendleton Community 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.
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Originations
310Origination Dollar Volume (All Markets)
$79,900,000Top 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 |
|---|---|---|---|---|---|
| HARRISONBURG, VA (FHA|USDA|VA) | 77 | $32,295,000 | $419,416 | $0 | 0.00% |
| Outside of Metro Areas | 154 | $26,220,000 | $170,260 | $0 | 0.00% |
| BECKLEY, WV (FHA|USDA|VA) | 47 | $10,535,000 | $224,149 | $0 | 0.00% |
| STAUNTON, VA (FHA|USDA|VA) | 9 | $3,405,000 | $378,333 | $0 | 0.00% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 5 | $1,675,000 | $335,000 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 4 | $1,250,000 | $312,500 | $0 | 0.00% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 3 | $1,095,000 | $365,000 | $0 | 0.00% |
| Clarksburg, WV (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $0 | 0.00% |
| MORGANTOWN, WV (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 0.00% |
| Cambridge, MD (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Bluefield, WV-VA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| Elkins, WV (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 309 | $79,635,000 | $257,718 | $0 | 0.00% |
| VA | 1 | $265,000 | $265,000 | $0 | 0.00% |
For 2022, Pendleton Community Bank's most frequently originated type of loan was Conventional, with 309 originations. Their 2nd most popular type was VA, with 1 originations.
Loan Reason
For 2022, Pendleton Community Bank's most frequently cited loan purpose was Home Purchase, with 190 originations. The 2nd most popular reason was Refi, with 96 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 310 | $79,900,000 | $257,742 | $0 | 0.00% |
For 2022, Pendleton Community Bank's most frequently cited loan duration was Other, with 310 originations.
Loan Sizing
2022 saw Pendleton Community Bank place emphasis on $100k-200k loans with 110 originations, totaling $16,240,000 in origination value.
Applicant Income
Pendleton Community Bank lent most frequently to those with incomes in the $50k or less range, with 53 originations. The second most popular income band? $75k-100k, with 41 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 310 | $79,900,000 | $257,742 | $0 | 0.00% |
Pendleton Community Bank lent most frequently to those with DTI ratios of Exempt%, with 310 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.27%
Pendleton Community Bank has an average approval rate.
Pick Rate
Approvals leading to origination92.26%
Pendleton Community Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 310 | $79,900,000 | $257,742 |