Tioga State Bank Mortgage Rates, Fees & Info
Spencer, NYLEI: 5493002PHB6PE87OB729
Tax ID: 15-0620348
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Tioga State Bank is a smaller bank specializing in Home Purchase loans. Tioga State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Binghamton, Ithaca, Elmira, Cortland, and Sayre among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)Tioga State Bank has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
272Origination Dollar Volume (All Markets)
$41,010,000Top 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 |
|---|---|---|---|---|---|
| BINGHAMTON, NY (FHA|USDA|VA) | 193 | $26,125,000 | $135,363 | $0 | 0.00% |
| ITHACA, NY (FHA|USDA|VA) | 21 | $4,705,000 | $224,048 | $0 | 0.00% |
| ELMIRA, NY (FHA|USDA|VA) | 23 | $3,535,000 | $153,696 | $0 | 0.00% |
| Cortland, NY (FHA|USDA|VA) | 7 | $2,125,000 | $303,571 | $0 | 0.00% |
| Outside of Metro Areas | 13 | $1,625,000 | $125,000 | $0 | 0.00% |
| Sayre, PA (FHA|USDA|VA) | 7 | $745,000 | $106,429 | $0 | 0.00% |
| Corning, NY (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $0 | 0.00% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $0 | 0.00% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| Seneca Falls, NY (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| SYRACUSE, NY (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| ROCHESTER, NY (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Tioga State Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 30
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 272 | $41,010,000 | $150,772 | $0 | 0.00% |
For 2023, Tioga State Bank's most frequently originated type of loan was Conventional, with 272 originations.
Loan Reason
For 2023, Tioga State Bank's most frequently cited loan purpose was Home Purchase, with 152 originations. The 2nd most popular reason was Home Improvement, with 44 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 272 | $41,010,000 | $150,772 | $0 | 0.00% |
For 2023, Tioga State Bank's most frequently cited loan duration was Other, with 272 originations.
Loan Sizing
2023 saw Tioga State Bank place emphasis on $100,000 or less loans with 121 originations, totaling $7,545,000 in origination value.
Applicant Income
Tioga State Bank lent most frequently to those with incomes in the $100k-150k range, with 58 originations. The second most popular income band? $75k-100k, with 51 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 272 | $41,010,000 | $150,772 | $0 | 0.00% |
Tioga State Bank lent most frequently to those with DTI ratios of Exempt%, with 272 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.20%
Tioga State Bank has an average approval rate.
Pick Rate
Approvals leading to origination91.91%
Tioga State Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 272 | $41,010,000 | $150,772 |