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
Jump to:
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, Sayre, and Syracuse 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.
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.
Originations
277Origination Dollar Volume (All Markets)
$38,705,000Top 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) | 192 | $25,340,000 | $131,979 | $0 | 0.00% |
| ITHACA, NY (FHA|USDA|VA) | 26 | $3,580,000 | $137,692 | $0 | 0.00% |
| Outside of Metro Areas | 16 | $2,640,000 | $165,000 | $0 | 0.00% |
| ELMIRA, NY (FHA|USDA|VA) | 19 | $2,295,000 | $120,789 | $0 | 0.00% |
| Sayre, PA (FHA|USDA|VA) | 11 | $1,515,000 | $137,727 | $0 | 0.00% |
| SYRACUSE, NY (FHA|USDA|VA) | 2 | $1,250,000 | $625,000 | $0 | 0.00% |
| Seneca Falls, NY (FHA|USDA|VA) | 4 | $880,000 | $220,000 | $0 | 0.00% |
| Cortland, NY (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $0 | 0.00% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| Oneonta, NY (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Auburn, NY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Corning, NY (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $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: 33
Similarity Rank: 36
Similarity Rank: 182
Similarity Rank: 200
Similarity Rank: 242
Similarity Rank: 288
Similarity Rank: 484
Similarity Rank: 560
Similarity Rank: 828
Similarity Rank: 851
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 277 | $38,705,000 | $139,729 | $0 | 0.00% |
For 2022, Tioga State Bank's most frequently originated type of loan was Conventional, with 277 originations.
Loan Reason
For 2022, Tioga State Bank's most frequently cited loan purpose was Home Purchase, with 186 originations. The 2nd most popular reason was Refi, with 41 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 277 | $38,705,000 | $139,729 | $0 | 0.00% |
For 2022, Tioga State Bank's most frequently cited loan duration was Other, with 277 originations.
Loan Sizing
2022 saw Tioga State Bank place emphasis on $100k-200k loans with 128 originations, totaling $18,040,000 in origination value.
Applicant Income
Tioga State Bank lent most frequently to those with incomes in the $50k-75k range, with 70 originations. The second most popular income band? $50k or less, with 52 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 277 | $38,705,000 | $139,729 | $0 | 0.00% |
Tioga State Bank lent most frequently to those with DTI ratios of Exempt%, with 277 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.50%
Tioga State Bank has an average approval rate.
Pick Rate
Approvals leading to origination90.61%
Tioga State Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 277 | $38,705,000 | $139,729 |