Jefferson Security Bank Mortgage Rates, Fees & Info
Shepherdstown, WVLEI: 5493004HRO0EREBVYM82
Tax ID: 55-0203500
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Jefferson Security Bank is a smaller bank specializing in Home Purchase and Refi loans. Jefferson Security Bank has a high proportion of conventional loans. Their top markets by origination volume include: Hagerstown, Washington, Winchester, Roanoke, and Cumberland among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Jefferson Security 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
240Origination Dollar Volume (All Markets)
$84,370,000Top 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 |
|---|---|---|---|---|---|
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 152 | $44,230,000 | $290,987 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 74 | $30,870,000 | $417,162 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $5,405,000 | $1,801,667 | $0 | 0.00% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 7 | $2,355,000 | $336,429 | $0 | 0.00% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $0 | 0.00% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| HARRISONBURG, VA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| MORGANTOWN, WV (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 240 | $84,370,000 | $351,542 | $0 | 0.00% |
For 2022, Jefferson Security Bank's most frequently originated type of loan was Conventional, with 240 originations.
Loan Reason
For 2022, Jefferson Security Bank's most frequently cited loan purpose was Home Purchase, with 169 originations. The 2nd most popular reason was Refi, with 59 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 240 | $84,370,000 | $351,542 | $0 | 0.00% |
For 2022, Jefferson Security Bank's most frequently cited loan duration was Other, with 240 originations.
Loan Sizing
2022 saw Jefferson Security Bank place emphasis on $200k-400k loans with 86 originations, totaling $23,280,000 in origination value.
Applicant Income
Jefferson Security Bank lent most frequently to those with incomes in the $100k-150k range, with 41 originations. The second most popular income band? $150k-250k, with 37 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 240 | $84,370,000 | $351,542 | $0 | 0.00% |
Jefferson Security Bank lent most frequently to those with DTI ratios of Exempt%, with 240 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.00%
Jefferson Security Bank has an average approval rate.
Pick Rate
Approvals leading to origination86.67%
Jefferson Security Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 240 | $84,370,000 | $351,542 |