Belmont Savings Bank Mortgage Rates, Fees & Info
Bellaire, OHLEI: 5493002LFCYKY0EGSQ80
Tax ID: 34-0092790
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Belmont Savings Bank is a smaller bank specializing in Refi and Home Purchase loans. Belmont Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Wheeling, Weirton, Pittsburgh, Cambridge, and Columbus among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)Belmont Savings Bank 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
250Origination Dollar Volume (All Markets)
$47,070,000Top 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 |
|---|---|---|---|---|---|
| WHEELING, WV-OH (FHA|USDA|VA) | 205 | $34,305,000 | $167,341 | $0 | 0.00% |
| WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 15 | $3,105,000 | $207,000 | $0 | 0.00% |
| Outside of Metro Areas | 7 | $2,885,000 | $412,143 | $0 | 0.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 3 | $2,235,000 | $745,000 | $0 | 0.00% |
| Cambridge, OH (FHA|USDA|VA) | 6 | $1,330,000 | $221,667 | $0 | 0.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 3 | $1,095,000 | $365,000 | $0 | 0.00% |
| Urbana, OH (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| Coshocton, OH (FHA|USDA|VA) | 4 | $350,000 | $87,500 | $0 | 0.00% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| AKRON, OH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| MORGANTOWN, WV (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Belmont Savings Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 250 | $47,070,000 | $188,280 | $0 | 0.00% |
For 2022, Belmont Savings Bank's most frequently originated type of loan was Conventional, with 250 originations.
Loan Reason
For 2022, Belmont Savings Bank's most frequently cited loan purpose was Refi, with 121 originations. The 2nd most popular reason was Home Purchase, with 119 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 250 | $47,070,000 | $188,280 | $0 | 0.00% |
For 2022, Belmont Savings Bank's most frequently cited loan duration was Other, with 250 originations.
Loan Sizing
2022 saw Belmont Savings Bank place emphasis on $100k-200k loans with 88 originations, totaling $12,850,000 in origination value.
Applicant Income
Belmont Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 53 originations. The second most popular income band? $50k-75k, with 48 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 250 | $47,070,000 | $188,280 | $0 | 0.00% |
Belmont Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 250 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.13%
Belmont Savings Bank has an average approval rate.
Pick Rate
Approvals leading to origination88.80%
Belmont Savings Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 250 | $47,070,000 | $188,280 |