Acnb Bank Mortgage Rates, Fees & Info

Gettysburg, PA

LEI: 5493005CFFMKTUKLO381

Tax ID: 23-0581360

5 stars - Updated: 9/25/23 - out of 5 stars, based on 32 reviews

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • 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

    Acnb Bank is a smaller bank specializing in Refi and Home Purchase loans. Acnb Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Gettysburg, York, Baltimore, Washington, and Chambersburg among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Acnb Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Acnb Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 9/25/23
    30 Year Conventional Purchase 6.60% 9/25/23
    30 Year Conventional Refi 6.42% 9/25/23
    30 Year Cash-out Refi 6.83% 9/25/23
    30 Year USDA Purchase 6.29% 9/25/23
    15 Year Conventional Purchase 6.04% 9/25/23
    15 Year Conventional Refi 5.56% 9/25/23
    15 Year Cash-out Refi 5.56% 9/25/23
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Acnb Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Acnb Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    1,011

    Origination Dollar Volume (All Markets)

    $162,155,000
    Show all (10) awards

    Relative Rate

    Acnb Bank's average 30 year fixed mortgage rate was 4.93%.

    The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

    This yields a difference of 0.17%.

    Relative Fees (Closing Costs)

    Acnb Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $3,941.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    GETTYSBURG, PA (FHA|USDA|VA) 408 $45,530,000 $111,593 $1,079 4.32%
    YORK-HANOVER, PA (FHA|USDA|VA) 214 $27,120,000 $126,729 $936 4.10%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 135 $26,405,000 $195,593 $1,143 4.44%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 81 $15,145,000 $186,975 $707 4.32%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 72 $13,400,000 $186,111 $2,357 4.39%
    READING, PA (FHA|USDA|VA) 1 $11,325,000 $11,325,000 $0 6.35%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 55 $11,075,000 $201,364 $1,369 4.63%
    LANCASTER, PA (FHA|USDA|VA) 13 $4,255,000 $327,308 $0 5.24%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 16 $3,620,000 $226,250 $1,714 4.94%
    LEBANON, PA (FHA|USDA|VA) 3 $1,405,000 $468,333 $0 4.66%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 8 $1,090,000 $136,250 $4,079 4.53%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $830,000 $415,000 $525 3.23%
    Outside of Metro Areas 2 $770,000 $385,000 $3,947 6.12%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $185,000 $185,000 $3,583 5.88%
    Acnb Bank's top markets include Gettysburg, York, Baltimore, Washington, and Chambersburg among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • West Virginia (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against ACNB Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Sail Mortgage Corp.
    Similarity Rank: 210
    PATRIOT
    Similarity Rank: 364
    POINT BREEZE
    Similarity Rank: 540
    Cedar Point Federal Credit Union
    Similarity Rank: 546
    U S WIDE FINANCIAL LLC
    Similarity Rank: 960
    OCEANSIDE MORTGAGE COMPANY
    Similarity Rank: 980
    Farmers and Merchants Trust Company of Chambersburg
    Similarity Rank: 1105
    Foote Capital Mortgage Company
    Similarity Rank: 1127
    FIRST FINANCIAL OF MARYLAND
    Similarity Rank: 1344
    LOANFLIGHT LENDING, LLC
    Similarity Rank: 1560

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 719 $132,165,000 $183,818 $1,167 3.74%
    HELOC 291 $29,755,000 $102,251 n/a 5.82%
    USDA 1 $235,000 $235,000 $6,223 5.25%

    For 2022, Acnb Bank's most frequently originated type of loan was Conventional, with 719 originations. Their 2nd most popular type was HELOC, with 291 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 315 $51,675,000 $164,048 $503 3.87%
    Other 300 $24,090,000 $80,300 $211 4.64%
    Home Purchase 220 $69,950,000 $317,955 $4,094 5.24%
    Home Improvement 152 $10,870,000 $71,513 $93 3.41%
    Cash Out Refi 24 $5,570,000 $232,083 $3,847 4.40%

    For 2022, Acnb Bank's most frequently cited loan purpose was Refi, with 315 originations. The 2nd most popular reason was Other, with 300 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 428 $71,210,000 $166,379 $1,367 5.61%
    Other 262 $28,890,000 $110,267 $134 2.52%
    10 Year 135 $21,665,000 $160,481 $99 3.16%
    30 Year 101 $23,575,000 $233,416 $3,941 4.93%
    15 Year 34 $4,280,000 $125,882 $2,399 5.02%
    30+ year 20 $7,960,000 $398,000 $5,364 5.16%
    5 Year 19 $1,005,000 $52,895 $103 3.22%
    1 Year 12 $3,570,000 $297,500 $0 5.44%

    For 2022, Acnb Bank's most frequently cited loan duration was 20 Year, with 428 originations. The 2nd most popular length was Other, with 262 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 474 $56,990,000 $120,232
    $1k-2k 42 $10,330,000 $245,952
    $2k-3k 9 $2,105,000 $233,889
    $3k-4k 2 $510,000 $255,000
    $4k-5k 2 $530,000 $265,000
    $5k+ 1 $285,000 $285,000

    Acnb Bank's average total fees were $3,941, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 474 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 319 $28,965,000 $90,799
    5-6% 193 $40,765,000 $211,218
    4-5% 184 $34,590,000 $187,989
    6-7% 165 $32,505,000 $197,000
    3-4% 66 $16,020,000 $242,727
    7-8% 40 $4,190,000 $104,750
    2.5-3% 38 $4,790,000 $126,053
    Over 8% 6 $330,000 $55,000

    During 2022, Acnb Bank's average interest rate for loans was 4.93%, while their most frequently originated rate bucket for loans was <2.5%, with 319 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 514 $27,160,000 $52,840 $120 4.06%
    $100k-200k 292 $40,900,000 $140,068 $1,473 4.51%
    $200k-400k 137 $37,065,000 $270,547 $3,295 4.75%
    $400k-600k 42 $19,910,000 $474,048 $4,483 4.94%
    $600k-1MM 14 $10,190,000 $727,857 $4,572 4.91%
    $1MM+ 12 $26,930,000 $2,244,167 $6,948 4.71%

    2022 saw Acnb Bank place emphasis on $100,000 or less loans with 514 originations, totaling $27,160,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 204 $25,700,000 $125,980 $1,099 4.10%
    $150k-250k 168 $27,610,000 $164,345 $1,397 4.37%
    $50k-75k 168 $17,520,000 $104,286 $1,247 4.23%
    $75k-100k 166 $16,210,000 $97,651 $959 4.13%
    $50k or less 101 $6,745,000 $66,782 $965 4.16%
    $250k+ 49 $13,395,000 $273,367 $2,439 4.78%

    Acnb Bank lent most frequently to those with incomes in the $100k-150k range, with 204 originations. The second most popular income band? $150k-250k, with 168 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 218 $24,630,000 $112,982 $1,091 4.09%
    30-36% 174 $18,160,000 $104,368 $977 4.02%
    <20% 97 $10,035,000 $103,454 $777 4.11%
    44% 40 $4,130,000 $103,250 $617 5.16%
    40% 35 $6,015,000 $171,857 $1,871 4.49%
    42% 34 $3,690,000 $108,529 $894 3.88%
    37% 34 $3,570,000 $105,000 $1,083 4.77%
    43% 33 $3,705,000 $112,273 $1,356 3.97%
    38% 33 $4,705,000 $142,576 $1,998 4.31%
    39% 33 $3,825,000 $115,909 $1,007 3.83%
    41% 32 $3,230,000 $100,938 $453 4.09%
    36% 29 $3,805,000 $131,207 $1,470 4.19%
    50-60% 28 $5,800,000 $207,143 $1,040 4.81%
    45% 19 $2,985,000 $157,105 $1,745 4.23%
    >60% 12 $3,520,000 $293,333 $2,243 4.50%
    49% 10 $2,680,000 $268,000 $3,716 4.76%
    46% 10 $2,250,000 $225,000 $1,629 3.58%
    47% 8 $1,120,000 $140,000 $2,340 4.61%
    48% 7 $1,185,000 $169,286 $3,758 4.56%

    Acnb Bank lent most frequently to those with DTI ratios of 20-30%, with 218 originations. The next most common DTI ratio? 30-36%, with 174 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 826 $104,050,000 $125,969 $1,186 4.20%
    Not applicable 111 $48,865,000 $440,225 $0 5.32%
    Not provided 52 $6,070,000 $116,731 $564 4.39%
    Asian 7 $1,555,000 $222,143 $1,807 4.67%
    Black 12 $1,400,000 $116,667 $2,636 4.77%
    American Indian 2 $190,000 $95,000 $0 2.22%
    Asian Indian 1 $25,000 $25,000 $0 2.22%

    Approval Rates

    Total approvals of all applications
    81.53%

    Acnb Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    87.93%

    Acnb Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,011 $162,155,000 $160,391

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,011 $162,155,000 $160,391

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 246 $26,650,000 $108,333 $232 3.99%
    40-60% 110 $26,970,000 $245,182 $1,521 4.35%
    60-80% 203 $67,275,000 $331,404 $3,130 4.83%
    80-100% 85 $22,755,000 $267,706 $3,891 4.92%
    Under 20% 364 $18,110,000 $49,753 $95 4.16%