Ameriserv Financial Bank Mortgage Rates, Fees & Info
Johnstown, PALEI: 54930089UXPZ6O3RHG71
Tax ID: 25-0851535
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Ameriserv Financial Bank is a smaller bank specializing in Home Purchase and Refi loans. Ameriserv Financial Bank 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.) Their top markets by origination volume include: Philadelphia, Johnstown, Pittsburgh, State College, and Somerset among others. We have data for 34 markets. (Some data included below & more in-depth data is available with an active subscription.)Ameriserv Financial Bank has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
434Origination Dollar Volume (All Markets)
$75,390,000Top 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) | 59 | $12,545,000 | $212,627 | $0 | 0.00% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 126 | $11,530,000 | $91,508 | $0 | 0.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 61 | $11,255,000 | $184,508 | $0 | 0.00% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 46 | $11,020,000 | $239,565 | $0 | 0.00% |
| Somerset, PA (FHA|USDA|VA) | 41 | $4,995,000 | $121,829 | $0 | 0.00% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 4 | $4,310,000 | $1,077,500 | $0 | 0.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $2,825,000 | $2,825,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $2,010,000 | $1,005,000 | $0 | 0.00% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 8 | $1,670,000 | $208,750 | $0 | 0.00% |
| ERIE, PA (FHA|USDA|VA) | 3 | $1,655,000 | $551,667 | $0 | 0.00% |
| LANCASTER, PA (FHA|USDA|VA) | 8 | $1,480,000 | $185,000 | $0 | 0.00% |
| DuBois, PA (FHA|USDA|VA) | 7 | $1,385,000 | $197,857 | $0 | 0.00% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 7 | $1,265,000 | $180,714 | $0 | 0.00% |
| Meadville, PA (FHA|USDA|VA) | 2 | $1,000,000 | $500,000 | $0 | 0.00% |
| Indiana, PA (FHA|USDA|VA) | 12 | $830,000 | $69,167 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 4 | $690,000 | $172,500 | $0 | 0.00% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 6 | $650,000 | $108,333 | $0 | 0.00% |
| ALTOONA, PA (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $0 | 0.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 5 | $545,000 | $109,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $495,000 | $165,000 | $0 | 0.00% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 5 | $455,000 | $91,000 | $0 | 0.00% |
| Oil City, PA (FHA|USDA|VA) | 3 | $325,000 | $108,333 | $0 | 0.00% |
| READING, PA (FHA|USDA|VA) | 3 | $315,000 | $105,000 | $0 | 0.00% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 0.00% |
| BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 0.00% |
| Lewistown, PA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Pottsville, PA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Huntingdon, PA (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $0 | 0.00% |
| Warren, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| LEBANON, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| New Castle, PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| Sunbury, PA (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against AmeriServ Financial Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 32
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 424 | $73,540,000 | $173,443 | $0 | 0.00% |
| FHA | 9 | $1,725,000 | $191,667 | $0 | 0.00% |
| VA | 1 | $125,000 | $125,000 | $0 | 0.00% |
For 2024, Ameriserv Financial Bank's most frequently originated type of loan was Conventional, with 424 originations. Their 2nd most popular type was FHA, with 9 originations.
Loan Reason
For 2024, Ameriserv Financial Bank's most frequently cited loan purpose was Home Purchase, with 146 originations. The 2nd most popular reason was Home Improvement, with 127 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 434 | $75,390,000 | $173,710 | $0 | 0.00% |
For 2024, Ameriserv Financial Bank's most frequently cited loan duration was Other, with 434 originations.
Loan Sizing
2024 saw Ameriserv Financial Bank place emphasis on $100,000 or less loans with 189 originations, totaling $9,785,000 in origination value.
Applicant Income
Ameriserv Financial Bank lent most frequently to those with incomes in the $100k-150k range, with 101 originations. The second most popular income band? $150k-250k, with 86 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 434 | $75,390,000 | $173,710 | $0 | 0.00% |
Ameriserv Financial Bank lent most frequently to those with DTI ratios of Exempt%, with 434 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications76.41%
Ameriserv Financial Bank has a below average approval rate.
Pick Rate
Approvals leading to origination91.01%
Ameriserv Financial Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 434 | $75,390,000 | $173,710 |