Patriot Bank N.a. Mortgage Rates, Fees & Info
Stamford, CTLEI: 5493003VL1891MV4Y526
Tax ID: 06-1364615
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Patriot Bank N.a. is a smaller bank specializing in Refi and Home Purchase loans. Patriot Bank N.a. has a high proportion of conventional loans. Their top markets by origination volume include: Bridgeport, New York, and New Haven among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)Patriot Bank N.a. 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
11Origination Dollar Volume (All Markets)
$14,565,000Top 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 |
---|---|---|---|---|---|
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 8 | $11,220,000 | $1,402,500 | $0 | 0.00% |
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $3,005,000 | $3,005,000 | $0 | 0.00% |
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 0.00% |
Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 11 | $14,565,000 | $1,324,091 | $0 | 0.00% |
For 2018, Patriot Bank N.a.'s most frequently originated type of loan was Conventional, with 11 originations.
Loan Reason
Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Refi | 5 | $9,505,000 | $1,901,000 | $0 | 0.00% |
Home Purchase | 4 | $4,170,000 | $1,042,500 | $0 | 0.00% |
Home Improvement | 2 | $890,000 | $445,000 | $0 | 0.00% |
For 2018, Patriot Bank N.a.'s most frequently cited loan purpose was Refi, with 5 originations. The 2nd most popular reason was Home Purchase, with 4 originations.
Loan Duration/Length
Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Other | 11 | $14,565,000 | $1,324,091 | $0 | 0.00% |
For 2018, Patriot Bank N.a.'s most frequently cited loan duration was Other, with 11 originations.
Loan Sizing
2018 saw Patriot Bank N.a. place emphasis on $100k-200k loans with 3 originations, totaling $475,000 in origination value.
Applicant Income
Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
$150k-250k | 1 | $135,000 | $135,000 | $0 | 0.00% |
Patriot Bank N.a. lent most frequently to those with incomes in the $150k-250k range, with 1 originations.
Applicant Debt to Income Ratio
DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Exempt% | 11 | $14,565,000 | $1,324,091 | $0 | 0.00% |
Patriot Bank N.a. lent most frequently to those with DTI ratios of Exempt%, with 11 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.96%
Patriot Bank N.a. has an average approval rate.
Pick Rate
Approvals leading to origination90.91%
Patriot Bank N.a. has an average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
Exempt | 11 | $14,565,000 | $1,324,091 |