Investment Savings Bank Mortgage Rates, Fees & Info

Altoona, PA

LEI: 5493005DE3TY0D0PU504

Tax ID: 23-0725565

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

    Investment Savings Bank is a smaller bank specializing in Refi and Home Purchase loans. Investment Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Altoona, Johnstown, and Huntingdon among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Investment Savings Bank has an above average approval rate when compared to the average across all lenders. They have an above 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

    94

    Origination Dollar Volume (All Markets)

    $10,810,000

    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
    ALTOONA, PA (FHA|USDA|VA) 87 $10,195,000 $117,184 $0 0.00%
    JOHNSTOWN, PA (FHA|USDA|VA) 4 $360,000 $90,000 $0 0.00%
    Huntingdon, PA (FHA|USDA|VA) 2 $190,000 $95,000 $0 0.00%
    Outside of Metro Areas 1 $65,000 $65,000 $0 0.00%
    Investment Savings Bank's top markets include Altoona, Johnstown, and Huntingdon among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 94 $10,810,000 $115,000 $0 0.00%

    For 2022, Investment Savings Bank's most frequently originated type of loan was Conventional, with 94 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 34 $3,210,000 $94,412 $0 0.00%
    Home Purchase 31 $5,885,000 $189,839 $0 0.00%
    Home Improvement 16 $940,000 $58,750 $0 0.00%
    Other 13 $775,000 $59,615 $0 0.00%

    For 2022, Investment Savings Bank's most frequently cited loan purpose was Refi, with 34 originations. The 2nd most popular reason was Home Purchase, with 31 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 94 $10,810,000 $115,000 $0 0.00%

    For 2022, Investment Savings Bank's most frequently cited loan duration was Other, with 94 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 53 $2,385,000 $45,000 $0 0.00%
    $100k-200k 27 $3,755,000 $139,074 $0 0.00%
    $200k-400k 10 $2,520,000 $252,000 $0 0.00%
    $400k-600k 3 $1,425,000 $475,000 $0 0.00%
    $600k-1MM 1 $725,000 $725,000 $0 0.00%

    2022 saw Investment Savings Bank place emphasis on $100,000 or less loans with 53 originations, totaling $2,385,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 24 $3,050,000 $127,083 $0 0.00%
    $50k-75k 16 $810,000 $50,625 $0 0.00%
    $50k or less 14 $660,000 $47,143 $0 0.00%
    $75k-100k 14 $1,580,000 $112,857 $0 0.00%
    $150k-250k 13 $2,815,000 $216,538 $0 0.00%
    $250k+ 4 $1,030,000 $257,500 $0 0.00%

    Investment Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 24 originations. The second most popular income band? $50k-75k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 94 $10,810,000 $115,000 $0 0.00%

    Investment Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 94 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 88 $10,090,000 $114,659 $0 0.00%
    Not applicable 6 $720,000 $120,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.91%

    Investment Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    93.62%

    Investment Savings Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 94 $10,810,000 $115,000

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    94 $10,810,000 $115,000