The Savings Bank Mortgage Rates, Fees & Info
Circleville, OHLEI: 5493002RL75O2Y62Z184
Tax ID: 31-4147910
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Savings Bank is a smaller bank specializing in Home Purchase and Refi loans. The Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Columbus, Chillicothe, Mount Vernon, Dayton, and Washington Court House among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)The Savings 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
196Origination Dollar Volume (All Markets)
$59,550,000Top 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 |
|---|---|---|---|---|---|
| COLUMBUS, OH (FHA|USDA|VA) | 184 | $56,420,000 | $306,630 | $0 | 0.00% |
| Chillicothe, OH (FHA|USDA|VA) | 5 | $1,055,000 | $211,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $820,000 | $410,000 | $0 | 0.00% |
| Mount Vernon, OH (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| Washington Court House, OH (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 0.00% |
| Portsmouth, OH (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 196 | $59,550,000 | $303,827 | $0 | 0.00% |
For 2022, The Savings Bank's most frequently originated type of loan was Conventional, with 196 originations.
Loan Reason
For 2022, The Savings Bank's most frequently cited loan purpose was Home Purchase, with 113 originations. The 2nd most popular reason was Refi, with 62 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 196 | $59,550,000 | $303,827 | $0 | 0.00% |
For 2022, The Savings Bank's most frequently cited loan duration was Other, with 196 originations.
Loan Sizing
2022 saw The Savings Bank place emphasis on $100k-200k loans with 71 originations, totaling $10,015,000 in origination value.
Applicant Income
The Savings Bank lent most frequently to those with incomes in the $50k-75k range, with 27 originations. The second most popular income band? $100k-150k, with 19 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 196 | $59,550,000 | $303,827 | $0 | 0.00% |
The Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 196 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.39%
The Savings Bank has an average approval rate.
Pick Rate
Approvals leading to origination91.84%
The Savings Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 196 | $59,550,000 | $303,827 |