Wilmington Savings Fund Society Fsb Mortgage Rates, Fees & Info

Wilmington, DE

LEI: 5493005DKMV1IHIM8E20

Tax ID: 51-0054940

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

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  • Originations
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  • Product Mix
  • Loan Reason
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  • 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)

    • Bank Data

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    • Review & Overview

    Wilmington Savings Fund Society Fsb is a small mortgage company specializing in Refi and Home Purchase loans. Wilmington Savings Fund Society Fsb has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Philadelphia, Salisbury, Ocean City, Dover, and New York among others. We have data for 100 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Wilmington Savings Fund Society Fsb 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. Wilmington Savings Fund Society Fsb 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 12/16/24
    30 Year Conventional Purchase 6.42% 12/16/24
    30 Year Conventional Refi 6.43% 12/16/24
    30 Year Cash-out Refi 6.68% 12/16/24
    30 Year FHA Purchase 7.40% 12/16/24
    30 Year FHA Refi 6.97% 12/16/24
    30 Year VA Purchase 6.35% 12/16/24
    30 Year VA Refi 5.86% 12/16/24
    30 Year USDA Purchase 6.87% 12/16/24
    15 Year Conventional Purchase 6.00% 12/16/24
    15 Year Conventional Refi 5.84% 12/16/24
    15 Year Cash-out Refi 5.84% 12/16/24
    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.

    Wilmington Savings Fund Society Fsb Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Wilmington Savings Fund Society Fsb. 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

    4,409

    Origination Dollar Volume (All Markets)

    $1,167,785,000

    Employee count

    1,787 Show all (8) awards

    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
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3,377 $877,355,000 $259,803 $3,058 3.54%
    SALISBURY, MD-DE (FHA|USDA|VA) 349 $99,385,000 $284,771 $3,004 3.63%
    OCEAN CITY, NJ (FHA|USDA|VA) 101 $32,705,000 $323,812 $2,855 3.37%
    DOVER, DE (FHA|USDA|VA) 174 $24,260,000 $139,425 $2,396 3.95%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 52 $19,430,000 $373,654 $3,867 3.33%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 40 $12,950,000 $323,750 $2,840 3.12%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 25 $11,325,000 $453,000 $3,771 3.19%
    Outside of Metro Areas 20 $6,590,000 $329,500 $3,285 3.31%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 16 $4,940,000 $308,750 $2,759 3.06%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 9 $4,525,000 $502,778 $3,587 3.47%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 5 $3,565,000 $713,000 $6,252 3.25%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 9 $3,035,000 $337,222 $3,542 3.11%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 12 $2,790,000 $232,500 $2,132 3.27%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 9 $2,785,000 $309,444 $3,364 3.52%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 11 $2,535,000 $230,455 $3,191 3.16%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 5 $2,425,000 $485,000 $5,074 3.10%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 3 $2,285,000 $761,667 $5,626 3.00%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $2,130,000 $355,000 $2,978 3.27%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 6 $1,930,000 $321,667 $3,028 3.25%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $1,855,000 $371,000 $2,665 3.35%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 4 $1,830,000 $457,500 $2,440 2.88%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 7 $1,795,000 $256,429 $2,949 3.05%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 4 $1,590,000 $397,500 $4,235 2.97%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 6 $1,570,000 $261,667 $2,928 3.46%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 8 $1,490,000 $186,250 $2,760 3.51%
    READING, PA (FHA|USDA|VA) 6 $1,420,000 $236,667 $2,991 3.57%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 5 $1,355,000 $271,000 $5,635 3.53%
    Easton, MD (FHA|USDA|VA) 5 $1,305,000 $261,000 $1,893 3.49%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 4 $1,290,000 $322,500 $2,205 3.25%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $1,280,000 $320,000 $1,906 2.88%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 3 $1,215,000 $405,000 $2,448 2.88%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $1,200,000 $600,000 $4,234 3.00%
    LANCASTER, PA (FHA|USDA|VA) 5 $1,175,000 $235,000 $4,554 3.15%
    YORK-HANOVER, PA (FHA|USDA|VA) 4 $1,140,000 $285,000 $4,780 3.76%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 4 $1,040,000 $260,000 $2,410 2.97%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 4 $1,040,000 $260,000 $2,987 3.21%
    FORT COLLINS, CO (FHA|USDA|VA) 3 $1,005,000 $335,000 $1,930 2.92%
    Kill Devil Hills, NC (FHA|USDA|VA) 2 $980,000 $490,000 $3,722 3.56%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $910,000 $455,000 $2,930 2.94%
    PITTSBURGH, PA (FHA|USDA|VA) 2 $890,000 $445,000 $4,225 3.25%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 3 $885,000 $295,000 $3,887 3.58%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $870,000 $435,000 $2,769 2.94%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $835,000 $278,333 $2,879 3.17%
    WORCESTER, MA-CT (FHA|USDA|VA) 3 $805,000 $268,333 $2,308 3.00%
    COLUMBUS, OH (FHA|USDA|VA) 2 $800,000 $400,000 $4,068 3.00%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $760,000 $380,000 $3,014 3.06%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 3 $745,000 $248,333 $2,996 2.96%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $735,000 $245,000 $3,047 2.96%
    COLUMBIA, SC (FHA|USDA|VA) 3 $735,000 $245,000 $2,553 3.17%
    STOCKTON, CA (FHA|USDA|VA) 2 $710,000 $355,000 $2,200 3.25%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 3 $705,000 $235,000 $3,396 2.96%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $660,000 $330,000 $5,431 2.81%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $650,000 $325,000 $3,290 3.19%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $640,000 $320,000 $2,498 3.38%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $595,000 $595,000 $4,628 4.00%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 2 $580,000 $290,000 $5,811 3.25%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 2 $560,000 $280,000 $886 2.94%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $560,000 $280,000 $2,518 2.81%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 2 $550,000 $275,000 $3,391 3.19%
    LEBANON, PA (FHA|USDA|VA) 3 $535,000 $178,333 $2,410 3.45%
    THE VILLAGES, FL (FHA|USDA|VA) 2 $520,000 $260,000 $3,546 3.56%
    RICHMOND, VA (FHA|USDA|VA) 1 $455,000 $455,000 $2,335 2.50%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $415,000 $415,000 $8,877 3.00%
    Pottsville, PA (FHA|USDA|VA) 2 $400,000 $200,000 $4,657 3.42%
    LAS CRUCES, NM (FHA|USDA|VA) 1 $345,000 $345,000 $2,052 3.13%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $340,000 $170,000 $1,859 3.25%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $325,000 $325,000 $2,213 2.99%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $325,000 $325,000 $2,635 3.13%
    Cambridge, MD (FHA|USDA|VA) 2 $320,000 $160,000 $2,628 3.37%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $305,000 $305,000 $4,068 3.75%
    Sidney, OH (FHA|USDA|VA) 1 $305,000 $305,000 $6,502 2.88%
    Albertville, AL (FHA|USDA|VA) 1 $295,000 $295,000 $2,213 3.13%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $295,000 $295,000 $3,196 3.25%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $265,000 $265,000 $3,948 3.25%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $265,000 $265,000 $3,285 3.13%
    PITTSFIELD, MA (FHA|USDA|VA) 1 $255,000 $255,000 $2,883 2.50%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $255,000 $255,000 $2,617 3.38%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $245,000 $245,000 $3,228 3.75%
    MISSOULA, MT (FHA|USDA|VA) 1 $245,000 $245,000 $3,221 3.50%
    Breckenridge, CO (FHA|USDA|VA) 1 $245,000 $245,000 $2,506 2.63%
    Jefferson, GA (FHA|USDA|VA) 1 $225,000 $225,000 $2,576 3.00%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $205,000 $205,000 $2,810 3.25%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $205,000 $205,000 $2,383 2.88%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $205,000 $205,000 $1,680 3.38%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $185,000 $185,000 $1,778 3.75%
    STATE COLLEGE, PA (FHA|USDA|VA) 1 $185,000 $185,000 $2,151 3.00%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $185,000 $185,000 $2,470 2.75%
    LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $185,000 $185,000 $1,867 2.88%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $175,000 $175,000 $794 3.00%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $175,000 $175,000 $4,080 4.00%
    GETTYSBURG, PA (FHA|USDA|VA) 1 $175,000 $175,000 $3,181 3.75%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $155,000 $155,000 $1,595 2.88%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $135,000 $135,000 $4,893 2.75%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $135,000 $135,000 $2,486 3.38%
    Richmond, IN (FHA|USDA|VA) 1 $135,000 $135,000 $1,678 3.25%
    OCALA, FL (FHA|USDA|VA) 1 $105,000 $105,000 $0 3.59%
    LOUISVILLE, KY (FHA|USDA|VA) 1 $105,000 $105,000 $2,821 2.50%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $95,000 $95,000 $2,658 4.25%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $95,000 $95,000 $1,949 2.50%
    DuBois, PA (FHA|USDA|VA) 1 $65,000 $65,000 $2,269 3.63%
    Wilmington Savings Fund Society Fsb's top markets include Philadelphia, Salisbury, Ocean City, Dover, and New York among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • Delaware (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)

    • Similar Lenders

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

    The First National Bank of Long Island
    Similarity Rank: 134
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    Similarity Rank: 271
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    Beeline Loans, Inc.
    Similarity Rank: 430
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    Similarity Rank: 482
    MOUNTAIN MORTGAGE CORP.
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    BHCU
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    We Florida Financial
    Similarity Rank: 638

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,314 $984,270,000 $297,004 $2,988 3.35%
    HELOC 1,035 $169,935,000 $164,188 n/a 4.12%
    FHA 46 $9,880,000 $214,783 $6,845 3.21%
    VA 12 $3,320,000 $276,667 $5,113 3.29%
    USDA 2 $380,000 $190,000 $5,150 3.25%

    For 2020, Wilmington Savings Fund Society Fsb's most frequently originated type of loan was Conventional, with 3,314 originations. Their 2nd most popular type was HELOC, with 1,035 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 2,064 $559,480,000 $271,066 $2,837 3.27%
    Home Purchase 976 $352,910,000 $361,588 $4,022 3.37%
    Home Improvement 590 $89,010,000 $150,864 $445 4.38%
    Cash Out Refi 423 $109,185,000 $258,121 $3,235 3.34%
    Other 356 $57,200,000 $160,674 $1,068 4.28%

    For 2020, Wilmington Savings Fund Society Fsb's most frequently cited loan purpose was Refi, with 2,064 originations. The 2nd most popular reason was Home Purchase, with 976 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,084 $821,830,000 $266,482 $3,561 3.53%
    15 Year 629 $134,435,000 $213,728 $2,479 3.10%
    20 Year 412 $94,810,000 $230,121 $2,404 3.84%
    10 Year 166 $32,120,000 $193,494 $1,147 3.90%
    5 Year 71 $7,545,000 $106,268 $178 4.56%
    Other 47 $77,045,000 $1,639,255 $2,241 3.79%

    For 2020, Wilmington Savings Fund Society Fsb's most frequently cited loan duration was 30 Year, with 3,084 originations. The 2nd most popular length was 15 Year, with 629 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,868 $745,820,000 $260,049
    $1k-2k 229 $58,375,000 $254,913
    $2k-3k 108 $40,020,000 $370,556
    $3k-4k 25 $15,675,000 $627,000
    $5k+ 25 $22,865,000 $914,600
    $4k-5k 16 $8,200,000 $512,500

    Wilmington Savings Fund Society Fsb's average total fees were $3,561, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,868 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,920 $564,820,000 $294,177
    2.5-3% 1,434 $424,520,000 $296,039
    4-5% 674 $110,000,000 $163,205
    5-6% 211 $19,235,000 $91,161
    <2.5% 145 $47,365,000 $326,655
    6-7% 18 $1,410,000 $78,333
    Over 8% 5 $355,000 $71,000
    7-8% 2 $80,000 $40,000

    During 2020, Wilmington Savings Fund Society Fsb's average interest rate for loans was 3.53%, while their most frequently originated rate bucket for loans was 3-4%, with 1,920 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,730 $489,430,000 $282,908 $3,264 3.22%
    $100k-200k 1,173 $171,385,000 $146,108 $2,532 3.46%
    $100,000 or less 815 $44,015,000 $54,006 $942 4.52%
    $400k-600k 554 $261,500,000 $472,022 $4,179 3.19%
    $600k-1MM 76 $57,370,000 $754,868 $6,564 3.47%
    $1MM+ 61 $144,085,000 $2,362,049 $10,255 3.50%

    2020 saw Wilmington Savings Fund Society Fsb place emphasis on $200k-400k loans with 1,730 originations, totaling $489,430,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 920 $210,300,000 $228,587 $2,884 3.52%
    $150k-250k 879 $247,645,000 $281,735 $3,300 3.47%
    $250k+ 694 $284,320,000 $409,683 $3,940 3.46%
    $75k-100k 647 $131,255,000 $202,867 $2,941 3.48%
    $50k-75k 634 $105,550,000 $166,483 $2,757 3.55%
    $50k or less 362 $41,200,000 $113,812 $2,442 3.79%

    Wilmington Savings Fund Society Fsb lent most frequently to those with incomes in the $100k-150k range, with 920 originations. The second most popular income band? $150k-250k, with 879 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,134 $286,850,000 $252,954 $3,004 3.47%
    30-36% 799 $195,775,000 $245,025 $3,044 3.48%
    <20% 565 $153,635,000 $271,920 $3,061 3.38%
    38% 169 $42,305,000 $250,325 $3,204 3.48%
    36% 158 $35,220,000 $222,911 $3,143 3.54%
    41% 156 $36,630,000 $234,808 $3,040 3.63%
    37% 154 $36,940,000 $239,870 $3,077 3.56%
    44% 153 $28,805,000 $188,268 $2,597 3.69%
    42% 148 $31,240,000 $211,081 $2,828 3.60%
    39% 148 $38,250,000 $258,446 $3,275 3.62%
    40% 146 $37,750,000 $258,562 $3,194 3.58%
    43% 135 $26,865,000 $199,000 $2,761 3.68%
    45% 122 $27,820,000 $228,033 $2,843 3.69%
    47% 89 $24,995,000 $280,843 $3,376 3.42%
    48% 75 $19,855,000 $264,733 $3,300 3.37%
    46% 72 $17,740,000 $246,389 $3,399 3.51%
    49% 67 $16,665,000 $248,731 $3,367 3.25%
    50-60% 13 $2,505,000 $192,692 $4,999 3.79%
    >60% 8 $930,000 $116,250 $695 4.94%

    Wilmington Savings Fund Society Fsb lent most frequently to those with DTI ratios of 20-30%, with 1,134 originations. The next most common DTI ratio? 30-36%, with 799 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,541 $881,415,000 $248,917 $3,049 3.51%
    Not applicable 82 $103,780,000 $1,265,610 $2,965 4.55%
    Not provided 379 $85,925,000 $226,715 $2,967 3.41%
    Asian 217 $59,525,000 $274,309 $3,221 3.30%
    Black 167 $32,005,000 $191,647 $3,019 3.86%
    Native Hawaiian or Islander 6 $1,720,000 $286,667 $2,329 3.35%
    Other Asian 4 $1,360,000 $340,000 $5,060 3.16%
    American Indian 9 $1,185,000 $131,667 $3,222 4.18%
    Asian Indian 3 $655,000 $218,333 $2,974 3.19%
    Korean 1 $215,000 $215,000 $2,851 3.88%

    Approval Rates

    Total approvals of all applications
    90.70%

    Wilmington Savings Fund Society Fsb has an average approval rate.

    Pick Rate

    Approvals leading to origination
    82.06%

    Wilmington Savings Fund Society Fsb has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 4 $250,000 $62,500
    NA 4,405 $1,167,535,000 $265,048

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 34 $86,440,000 $2,542,353
    Single Family (1-4 Units):Manufactured 18 $1,360,000 $75,556
    Single Family (1-4 Units):Site-Built 4,357 $1,079,985,000 $247,874

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 676 $116,470,000 $172,293 $2,135 3.77%
    40-60% 866 $239,550,000 $276,617 $2,893 3.23%
    60-80% 1,503 $532,805,000 $354,494 $3,237 3.32%
    80-100% 765 $236,695,000 $309,405 $4,141 3.27%
    Over 100% 1 $415,000 $415,000 $10,633 2.63%
    Under 20% 598 $41,850,000 $69,983 $443 4.55%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Wilmington Savings Fund Society, FSB 1 West Lancaster Avenue Paoli, PA 19301 Full Service B&M $44,759
    Wilmington Savings Fund Society, FSB 100 Old Forge Lane Kennett Square, PA 19348 Full Service B&M $129,485
    Wilmington Savings Fund Society, FSB 100 University Plaza Newark, DE 19702 Full Service B&M $122,756
    Wilmington Savings Fund Society, FSB 101 Convention Center Drive, Suite P109 Las Vegas, NV 89109 Limited, Trust Office $0
    Wilmington Savings Fund Society, FSB 1029 Neck Road Burlington, NJ 8016 Full Service B&M $101,738
    Wilmington Savings Fund Society, FSB 1065 W County Line Road Hatboro, PA 19040 Full Service B&M $74,566
    Wilmington Savings Fund Society, FSB 10th & Catharine Sts Philadelphia, PA 19147 Full Service B&M $51,223
    Wilmington Savings Fund Society, FSB 110 Town Square Place, Suite 100 King Of Prussia, PA 19406 Full Service B&M $27,491
    Wilmington Savings Fund Society, FSB 1110 Chesnut Street Philadelphia, PA 19107 Full Service B&M $70,668
    Wilmington Savings Fund Society, FSB 1149 Cooper Street Edgewater Park, NJ 8010 Full Service B&M $91,543
    Wilmington Savings Fund Society, FSB 115 College Square Newark, DE 19711 Full Service B&M $141,753
    Wilmington Savings Fund Society, FSB 12 E Ridge Pike Conshohocken, PA 19428 Full Service B&M $49,007
    Wilmington Savings Fund Society, FSB 1200 West Township Line Road Havertown, PA 19083 Full Service B&M $145,384
    Wilmington Savings Fund Society, FSB 1201 E Lancaster Avenue Downingtown, PA 19335 Full Service B&M $41,114
    Wilmington Savings Fund Society, FSB 1311 Bethlehem Pike Flourtown, PA 19031 Full Service B&M $50,096
    Wilmington Savings Fund Society, FSB 1411 Rhawn Street Philadelphia, PA 19111 Full Service B&M $92,048
    Wilmington Savings Fund Society, FSB 144 North Dupont Highway New Castle, DE 19720 Full Service B&M $171,553
    Wilmington Savings Fund Society, FSB 145 Clinton Street Delaware City, DE 19706 Full Service B&M $17,524
    Wilmington Savings Fund Society, FSB 1484 Route 206 Tabernacle, NJ 8088 Full Service B&M $103,466
    Wilmington Savings Fund Society, FSB 1486 Forrest Avenue Dover, DE 19904 Full Service B&M $118,642
    Wilmington Savings Fund Society, FSB 15 Freedom Blvd West Brandywine, PA 19320 Full Service Retail $7,152
    Wilmington Savings Fund Society, FSB 1571 Chester Pike Eddystone, PA 19022 Full Service B&M $91,147
    Wilmington Savings Fund Society, FSB 1600 Chestnut Street Philadelphia, PA 19103 Full Service B&M $358,269
    Wilmington Savings Fund Society, FSB 1601 The Fairway Jenkintown, PA 19046 Full Service B&M $43,543
    Wilmington Savings Fund Society, FSB 1630 Egypt Road Phoenixville, PA 19460 Full Service B&M $43,694
    Wilmington Savings Fund Society, FSB 1636 - 61 Route 38 & Eayrestown Road Lumberton, NJ 8048 Full Service B&M $148,656
    Wilmington Savings Fund Society, FSB 1700 Rocky Run Parkway Wilmington, DE 19803 Full Service B&M $86,486
    Wilmington Savings Fund Society, FSB 1712 Foulk Road Wilmington, DE 19803 Full Service B&M $285,267
    Wilmington Savings Fund Society, FSB 172 W Street Rd Feasterville Trevose, PA 19053 Full Service B&M $72,977
    Wilmington Savings Fund Society, FSB 1901 E Passyunk Avenue Philadelphia, PA 19148 Full Service B&M $110,033
    Wilmington Savings Fund Society, FSB 1901 Route 70 East Cherry Hill, NJ 8003 Full Service B&M $56,660
    Wilmington Savings Fund Society, FSB 1903 Street Road Bensalem, PA 19020 Full Service B&M $56,003
    Wilmington Savings Fund Society, FSB 19335 Coastal Highway Rehoboth Beach, DE 19971 Full Service B&M $123,292
    Wilmington Savings Fund Society, FSB 199 East Lancaster Avenue Malvern, PA 19355 Full Service B&M $88,694
    Wilmington Savings Fund Society, FSB 20 Woodside Road Ardmore, PA 19003 Full Service B&M $112,742
    Wilmington Savings Fund Society, FSB 2005 Concord Pike Wilmington, DE 19803 Full Service B&M $120,703
    Wilmington Savings Fund Society, FSB 201 Suburban Plaza Newark, DE 19711 Full Service B&M $141,268
    Wilmington Savings Fund Society, FSB 2021 Sproul Rd Broomall, PA 19008 Full Service B&M $180,525
    Wilmington Savings Fund Society, FSB 209 West Lancaster Avenue Devon, PA 19333 Full Service B&M $408,259
    Wilmington Savings Fund Society, FSB 210 Font Road, P.O. Box740 Uwchland, PA 19480 Full Service B&M $40,160
    Wilmington Savings Fund Society, FSB 210 Fox Hunt Drive Bear, DE 19701 Full Service B&M $160,987
    Wilmington Savings Fund Society, FSB 211 North Union Street Wilmington, DE 19805 Full Service B&M $59,793
    Wilmington Savings Fund Society, FSB 21st & Passyunk Avenue Philadelphia, PA 19145 Full Service B&M $65,868
    Wilmington Savings Fund Society, FSB 22820 Sussex Highway, Sussex Common Shop Seaford, DE 19973 Full Service B&M $22,875
    Wilmington Savings Fund Society, FSB 2400 Peoples Plaza Newark, DE 19702 Full Service Retail $66,867
    Wilmington Savings Fund Society, FSB 2514 Aramingo Avenue Philadelphia, PA 19125 Full Service B&M $103,820
    Wilmington Savings Fund Society, FSB 25926 Plaza Drive Millsboro, DE 19966 Full Service B&M $69,012
    Wilmington Savings Fund Society, FSB 26644 Center View Drive Millsboro, DE 19966 Full Service B&M $61,216
    Wilmington Savings Fund Society, FSB 2724 W. Ridge Pike Trooper, PA 19403 Full Service B&M $87,637
    Wilmington Savings Fund Society, FSB 290 South Dupont Highway Dover, DE 19901 Full Service B&M $245,965
    Wilmington Savings Fund Society, FSB 3 Sunset Road And Route 541 Burlington, NJ 8016 Full Service B&M $129,366
    Wilmington Savings Fund Society, FSB 3002 Route 130 North Delran, NJ 8075 Full Service B&M $109,461
    Wilmington Savings Fund Society, FSB 3202 Kirkwood Highway Wilmington, DE 19808 Full Service B&M $177,591
    Wilmington Savings Fund Society, FSB 3202 Red Lion Road Philadelphia, PA 19114 Full Service B&M $136,703
    Wilmington Savings Fund Society, FSB 34 South Sycamore Street Newtown, PA 18940 Full Service B&M $61,451
    Wilmington Savings Fund Society, FSB 34383 Carpenters Way Lewes, DE 19958 Full Service B&M $160,972
    Wilmington Savings Fund Society, FSB 3801 Kennett Pike, Suite C-200 Greenville, DE 19807 Limited, Trust Office $0
    Wilmington Savings Fund Society, FSB 38394 Dupont Boulevard Strawberry Ctr #2 Selbyville, DE 19975 Full Service B&M $29,531
    Wilmington Savings Fund Society, FSB 3908 Kennett Pike Wilmington, DE 19807 Full Service B&M $195,256
    Wilmington Savings Fund Society, FSB 395 Wilmington-West Chester Pike Glen Mills, PA 19342 Full Service B&M $66,863
    Wilmington Savings Fund Society, FSB 400 East Main Street Middletown, DE 19709 Full Service B&M $158,628
    Wilmington Savings Fund Society, FSB 400 East Market Street West Chester, PA 19382 Full Service B&M $75,688
    Wilmington Savings Fund Society, FSB 400 Jimmy Drive Smyrna, DE 19977 Full Service B&M $108,238
    Wilmington Savings Fund Society, FSB 409 Silverside Road, Suite 100 Wilmington, DE 19809 Limited, Administrative $0
    Wilmington Savings Fund Society, FSB 4406 Route 130 North Willingboro, NJ 8046 Full Service B&M $82,989
    Wilmington Savings Fund Society, FSB 4522 Church Road Mount Laurel, NJ 8054 Full Service B&M $109,178
    Wilmington Savings Fund Society, FSB 4566 South Dupont Highway Camden, DE 19934 Full Service B&M $109,486
    Wilmington Savings Fund Society, FSB 4601 Kirkwood Highway Wilmington, DE 19808 Full Service B&M $161,847
    Wilmington Savings Fund Society, FSB 4730 Limestone Road Wilmington, DE 19808 Full Service B&M $157,660
    Wilmington Savings Fund Society, FSB 500 Creek View Road, Suite 100 Newark, DE 19711 Limited, Administrative $0
    Wilmington Savings Fund Society, FSB 500 Delaware Avenue Wilmington, DE 19801 Full Service B&M $2,079,675
    Wilmington Savings Fund Society, FSB 5000 West Chester Pike Newtown Square, PA 19073 Full Service B&M $120,099
    Wilmington Savings Fund Society, FSB 501 Carr Road, Suite 100 Wilmington, DE 19809 Limited, Trust Office $0
    Wilmington Savings Fund Society, FSB 53 East Main Street Moorestown, NJ 8057 Full Service B&M $85,123
    Wilmington Savings Fund Society, FSB 5301 Chew Avenue & Wister Ave Philadelphia, PA 19138 Full Service B&M $28,990
    Wilmington Savings Fund Society, FSB 537 Baltimore Pike Springfield, PA 19064 Full Service B&M $178,074
    Wilmington Savings Fund Society, FSB 555 High Street Mount Holly, NJ 8060 Full Service B&M $59,894
    Wilmington Savings Fund Society, FSB 5873 Ridge Avenue Philadelphia, PA 19128 Full Service B&M $49,059
    Wilmington Savings Fund Society, FSB 6274 Limestone Road Hockessin, DE 19707 Full Service B&M $192,269
    Wilmington Savings Fund Society, FSB 640 Skippack Pike Blue Bell, PA 19422 Full Service B&M $73,787
    Wilmington Savings Fund Society, FSB 6401 Woodland Avenue Philadelphia, PA 19142 Full Service B&M $46,619
    Wilmington Savings Fund Society, FSB 688 N Dupont Blvd Milford, DE 19963 Full Service B&M $47,505
    Wilmington Savings Fund Society, FSB 69 Atlantic Avenue Ocean View, DE 19970 Full Service B&M $65,548
    Wilmington Savings Fund Society, FSB 6918 Brous Avenue Philadelphia, PA 19149 Full Service B&M $116,920
    Wilmington Savings Fund Society, FSB 7 Commerce Street Harrington, DE 19952 Full Service B&M $74,402
    Wilmington Savings Fund Society, FSB 7 East Baltimore Avenue Media, PA 19063 Full Service B&M $80,640
    Wilmington Savings Fund Society, FSB 700 Strokes Road Medford Lakes, NJ 8055 Full Service B&M $108,419
    Wilmington Savings Fund Society, FSB 712 Broad Street Riverton, NJ 8077 Full Service B&M $71,628
    Wilmington Savings Fund Society, FSB 7622 City Line Avenue Philadelphia, PA 19151 Full Service B&M $49,220
    Wilmington Savings Fund Society, FSB 818 Haddonfield Road Cherry Hill, NJ 8002 Full Service B&M $92,505
    Wilmington Savings Fund Society, FSB 9 E Baltimore Pike Lansdowne, PA 19050 Full Service B&M $53,561
    Wilmington Savings Fund Society, FSB 901 Limekiln Pike Maple Glen, PA 19002 Full Service B&M $68,232
    Wilmington Savings Fund Society, FSB 901 Montgomery Avenue Narberth, PA 19072 Full Service B&M $59,517
    Wilmington Savings Fund Society, FSB 979 Baltimore Pike Glen Mills, PA 19342 Full Service B&M $82,883
    Wilmington Savings Fund Society, FSB 9a Trolley Square Wilmington, DE 19806 Full Service B&M $86,592

    For 2020, Wilmington Savings Fund Society Fsb had 95 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $514,397
    Net interest income $472,341
    Total noninterest income $177,103
    Gross Fiduciary activities income $31,607
    Service charges on deposit accounts $21,216
    Trading account gains and fees $0
    Additional Noninterest Income $124,280
    Pre-tax net operating income $137,231
    Securities gains (or losses, -) $12,108
    Income before extraordinary items $116,782
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $116,782
    Minority interest net income $-1,454
    Net income $118,236
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $107,216

    Wilmington Savings Fund Society Fsb's gross interest income from loans was $514,397,000.
    Wilmington Savings Fund Society Fsb's net interest income from loans was $472,341,000.
    Wilmington Savings Fund Society Fsb's fee based income from loans was $21,216,000.
    Wilmington Savings Fund Society Fsb's net income from loans was $118,236,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $42,056
    Provision for credit losses $153,180
    Total noninterest expense $359,033
    Salaries and employee benefits $187,879
    Premises and equipment expense $55,519
    Additional noninterest expense $115,635
    Applicable income taxes $32,557
    Net charge-offs $7,529
    Cash dividends $200,000

    Wilmington Savings Fund Society Fsb's interest expense for loans was $42,056,000.
    Wilmington Savings Fund Society Fsb's payroll and benefits expense were $187,879,000.
    Wilmington Savings Fund Society Fsb's property, plant and equipment expenses $55,519,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 2.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 3.0%
    Credit card loans 0.0%
    Other individual loans 3.0%
    Auto loans 0.0%
    Other consumer loans 3.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $12,110,273
    Deposits held in domestic offices $12,110,273
    Deposits by Individuals, partnerships, and corporations $11,480,805
    Deposits by U.S. Government $12
    Deposits by States and political subdivisions in the U.S. $629,208
    Deposits by Commercial banks and other depository institutions in U.S. $248
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $2,102,012
    Demand deposits $1,366,427
    Nontransaction accounts $10,008,261
    Money market deposit accounts (MMDAs) $2,686,561
    Other savings deposits (excluding MMDAs) $6,098,275
    Total time deposits $1,223,425
    Total time and savings deposits $10,743,846
    Noninterest-bearing deposits $3,423,705
    Interest-bearing deposits $8,686,568
    Retail deposits $11,722,974
    IRAs and Keogh plan accounts $239,808
    Brokered deposits $216,405
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $14,298,695
    Cash & Balances due from depository institutions $1,645,651
    Interest-bearing balances $1,138,788
    Total securities $2,640,798
    Federal funds sold & reverse repurchase $0
    Net loans and leases $8,993,476
    Loan and leases loss allowance $228,804
    Trading account assets $0
    Bank premises and fixed assets $246,626
    Other real estate owned $3,061
    Goodwill and other intangibles $532,755
    All other assets $236,328

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $14,298,695
    Total Liabilities $12,471,973
    Total deposits $12,110,273
    Interest-bearing deposits $8,686,568
    Deposits held in domestic offices $12,110,273
    % insured (estimated) $55
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $27,013
    Subordinated debt $0
    All other liabilities $334,687

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $8,993,476
    Loan and leases loss allowance $228,804
    Total loans and leases (domestic) $9,222,280
    All real estate loans $6,689,394
    Real estate loans in domestic offices $6,689,394
    Construction and development loans $743,159
    Residential 1-4 family construction $74,771
    Other construction, all land development and other land $668,388
    Loans secured by nonfarm nonresidential properties $3,352,423
    Nonfarm nonresidential secured by owner-occupied properties $1,346,393
    Commercial real estate & other non-farm, non-residential $2,006,030
    Multifamily residential real estate $448,733
    1-4 family residential loans $2,110,100
    Farmland loans $34,979
    Loans held in foreign offices $0
    Farm loans $4,449
    Commercial and industrial loans $1,960,184
    To non-U.S. addressees $0
    Loans to individuals $340,192
    Credit card loans $6,158
    Related Plans $14,439
    Consumer Auto Loans $23,792
    Other loans to individuals $295,803
    All other loans & leases $260,008
    Loans to foreign governments and official institutions $0
    Other loans $5,910
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $15,539
    Non 1-4 family restructured loans & leases $393
    Total loans and leases (foreign) $0

    Wilmington Savings Fund Society FSB had $8,993,476,000 of loans outstanding in 2020. $6,689,394,000 of loans were in real estate loans. $743,159,000 of loans were in development loans. $448,733,000 of loans were in multifamily mortgage loans. $2,110,100,000 of loans were in 1-4 family mortgage loans. $4,449,000 of loans were in farm loans. $6,158,000 of loans were in credit card loans. $23,792,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 2,079 $633,996 $304,952
    Nonfarm, nonresidential loans - <$100k 179 $9,036 $50,480
    Nonfarm, nonresidential loans - $100-250k 528 $71,323 $135,081
    Nonfarm, nonresidential loans - $250k-1MM 1,372 $553,637 $403,526
    Commercial & Industrial, US addressed loans - <$1MM 7,428 $727,283 $97,911
    Commercial & Industrial, US addressed loans - <$100k 5,081 $141,732 $27,895
    Commercial & Industrial, US addressed loans - $100-250k 1,273 $173,756 $136,493
    Commercial & Industrial, US addressed loans - $250k-1MM 1,074 $411,795 $383,422
    Farmland loans - <$1MM 50 $12,303 $246,060
    Farmland loans - <$100k 5 $303 $60,600
    Farmland loans - $100-250k 20 $3,089 $154,450
    Farmland loans - $250k-1MM 25 $8,911 $356,440
    Agriculture operations loans - <$1MM 33 $2,487 $75,364
    Agriculture operations loans - <$100k 24 $783 $32,625
    Agriculture operations loans - $100-250k 6 $864 $144,000
    Agriculture operations loans - $250k-1MM 3 $840 $280,000