The National Bank Of Middlebury Mortgage Rates, Fees & Info

Middlebury, VT

LEI: 5493004R22HRZXTXSR64

Tax ID: 03-0143997

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • 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. Their top markets by origination volume include: Burlington, Barre, and Rutland among others. We have data for 4 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.

    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.

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    Originations

    126

    Origination Dollar Volume (All Markets)

    $37,520,000

    Top 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 91 $25,355,000 $278,626 $0 0.00%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 11 $5,785,000 $525,909 $0 0.00%
    Barre, VT (FHA|USDA|VA) 10 $3,790,000 $379,000 $0 0.00%
    Rutland, VT (FHA|USDA|VA) 14 $2,590,000 $185,000 $0 0.00%
    The National Bank Of Middlebury's top markets include Burlington, Barre, and Rutland among others.

    Their top states include:
  • Vermont (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 126 $37,520,000 $297,778 $0 0.00%

    For 2024, The National Bank Of Middlebury's most frequently originated type of loan was Conventional, with 126 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 91 $31,845,000 $349,945 $0 0.00%
    Home Improvement 17 $2,585,000 $152,059 $0 0.00%
    Refi 13 $2,525,000 $194,231 $0 0.00%
    Other 4 $340,000 $85,000 $0 0.00%
    Cash Out Refi 1 $225,000 $225,000 $0 0.00%

    For 2024, The National Bank Of Middlebury's most frequently cited loan purpose was Home Purchase, with 91 originations. The 2nd most popular reason was Home Improvement, with 17 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 126 $37,520,000 $297,778 $0 0.00%

    For 2024, The National Bank Of Middlebury's most frequently cited loan duration was Other, with 126 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 43 $11,775,000 $273,837 $0 0.00%
    $100k-200k 28 $4,180,000 $149,286 $0 0.00%
    $100,000 or less 25 $1,555,000 $62,200 $0 0.00%
    $600k-1MM 15 $11,065,000 $737,667 $0 0.00%
    $400k-600k 13 $6,205,000 $477,308 $0 0.00%
    $1MM+ 2 $2,740,000 $1,370,000 $0 0.00%

    2024 saw The National Bank Of Middlebury place emphasis on $200k-400k loans with 43 originations, totaling $11,775,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 32 $10,260,000 $320,625 $0 0.00%
    $250k+ 29 $13,105,000 $451,897 $0 0.00%
    $100k-150k 19 $4,345,000 $228,684 $0 0.00%
    $50k-75k 16 $2,200,000 $137,500 $0 0.00%
    $75k-100k 15 $2,875,000 $191,667 $0 0.00%
    $50k or less 3 $365,000 $121,667 $0 0.00%

    The National Bank Of Middlebury lent most frequently to those with incomes in the $150k-250k range, with 32 originations. The second most popular income band? $250k+, with 29 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 126 $37,520,000 $297,778 $0 0.00%

    The National Bank Of Middlebury lent most frequently to those with DTI ratios of Exempt%, with 126 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 102 $31,520,000 $309,020 $0 0.00%
    Not applicable 10 $3,250,000 $325,000 $0 0.00%
    Not provided 9 $1,665,000 $185,000 $0 0.00%
    Asian 4 $620,000 $155,000 $0 0.00%
    American Indian 1 $465,000 $465,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.06%

    The National Bank Of Middlebury has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    80.95%

    The National Bank Of Middlebury has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 126 $37,520,000 $297,778

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    126 $37,520,000 $297,778