The National Bank Of Middlebury Mortgage Rates, Fees & Info

Middlebury, VT

LEI: 5493004R22HRZXTXSR64

Tax ID: 03-0143997

Latest/2023 | 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 and Refi loans. The National Bank Of Middlebury has a high proportion of conventional loans. Their top markets by origination volume include: Barre, Burlington, Rutland, and Lebanon among others. We have data for 5 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

    190

    Origination Dollar Volume (All Markets)

    $48,420,000

    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 143 $35,135,000 $245,699 $0 0.00%
    Barre, VT (FHA|USDA|VA) 14 $5,660,000 $404,286 $0 0.00%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 15 $3,915,000 $261,000 $0 0.00%
    Rutland, VT (FHA|USDA|VA) 17 $2,565,000 $150,882 $0 0.00%
    Lebanon, NH-VT (FHA|USDA|VA) 1 $1,145,000 $1,145,000 $0 0.00%
    The National Bank Of Middlebury's top markets include Barre, Burlington, Rutland, and Lebanon among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 190 $48,420,000 $254,842 $0 0.00%

    For 2022, The National Bank Of Middlebury's most frequently originated type of loan was Conventional, with 190 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 103 $29,295,000 $284,417 $0 0.00%
    Refi 47 $12,125,000 $257,979 $0 0.00%
    Home Improvement 24 $3,570,000 $148,750 $0 0.00%
    Other 9 $1,525,000 $169,444 $0 0.00%
    Cash Out Refi 7 $1,905,000 $272,143 $0 0.00%

    For 2022, The National Bank Of Middlebury's most frequently cited loan purpose was Home Purchase, with 103 originations. The 2nd most popular reason was Refi, with 47 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 190 $48,420,000 $254,842 $0 0.00%

    For 2022, The National Bank Of Middlebury's most frequently cited loan duration was Other, with 190 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 72 $19,880,000 $276,111 $0 0.00%
    $100k-200k 53 $7,595,000 $143,302 $0 0.00%
    $100,000 or less 34 $1,880,000 $55,294 $0 0.00%
    $400k-600k 19 $9,135,000 $480,789 $0 0.00%
    $600k-1MM 9 $6,735,000 $748,333 $0 0.00%
    $1MM+ 3 $3,195,000 $1,065,000 $0 0.00%

    2022 saw The National Bank Of Middlebury place emphasis on $200k-400k loans with 72 originations, totaling $19,880,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 50 $12,730,000 $254,600 $0 0.00%
    $75k-100k 40 $7,340,000 $183,500 $0 0.00%
    $150k-250k 35 $12,255,000 $350,143 $0 0.00%
    $50k-75k 27 $3,725,000 $137,963 $0 0.00%
    $250k+ 20 $9,630,000 $481,500 $0 0.00%
    $50k or less 10 $770,000 $77,000 $0 0.00%

    The National Bank Of Middlebury lent most frequently to those with incomes in the $100k-150k range, with 50 originations. The second most popular income band? $75k-100k, with 40 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 190 $48,420,000 $254,842 $0 0.00%

    The National Bank Of Middlebury lent most frequently to those with DTI ratios of Exempt%, with 190 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 159 $41,585,000 $261,541 $0 0.00%
    Not provided 16 $3,360,000 $210,000 $0 0.00%
    Not applicable 8 $1,970,000 $246,250 $0 0.00%
    Asian 6 $1,400,000 $233,333 $0 0.00%
    Black 1 $105,000 $105,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.00%

    The National Bank Of Middlebury has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.58%

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

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 190 $48,420,000 $254,842

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    190 $48,420,000 $254,842