The National Bank Of Middlebury Mortgage Rates, Fees & Info
Middlebury, VTLEI: 5493004R22HRZXTXSR64
Tax ID: 03-0143997
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The National Bank Of Middlebury is a smaller bank specializing in Home Purchase loans. The National Bank Of Middlebury has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Burlington, Lebanon, Barre, Rutland, and Manchester among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)The National Bank Of Middlebury 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
154Origination Dollar Volume (All Markets)
$46,920,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 99 | $23,555,000 | $237,929 | $0 | 0.00% |
| BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) | 13 | $9,035,000 | $695,000 | $0 | 0.00% |
| Lebanon, NH-VT (FHA|USDA|VA) | 19 | $8,265,000 | $435,000 | $0 | 0.00% |
| Barre, VT (FHA|USDA|VA) | 8 | $2,600,000 | $325,000 | $0 | 0.00% |
| Rutland, VT (FHA|USDA|VA) | 13 | $2,585,000 | $198,846 | $0 | 0.00% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| Laconia, NH (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 153 | $46,695,000 | $305,196 | $0 | 0.00% |
| USDA | 1 | $225,000 | $225,000 | $0 | 0.00% |
For 2023, The National Bank Of Middlebury's most frequently originated type of loan was Conventional, with 153 originations. Their 2nd most popular type was USDA, with 1 originations.
Loan Reason
For 2023, The National Bank Of Middlebury's most frequently cited loan purpose was Home Purchase, with 100 originations. The 2nd most popular reason was Refi, with 23 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 154 | $46,920,000 | $304,675 | $0 | 0.00% |
For 2023, The National Bank Of Middlebury's most frequently cited loan duration was Other, with 154 originations.
Loan Sizing
2023 saw The National Bank Of Middlebury place emphasis on $200k-400k loans with 53 originations, totaling $15,735,000 in origination value.
Applicant Income
The National Bank Of Middlebury lent most frequently to those with incomes in the $100k-150k range, with 45 originations. The second most popular income band? $150k-250k, with 29 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 154 | $46,920,000 | $304,675 | $0 | 0.00% |
The National Bank Of Middlebury lent most frequently to those with DTI ratios of Exempt%, with 154 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.17%
The National Bank Of Middlebury has an average approval rate.
Pick Rate
Approvals leading to origination78.57%
The National Bank Of Middlebury has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 154 | $46,920,000 | $304,675 |