Peoplesbank A Codorus Valley Company Mortgage Rates, Fees & InfoYork, PA
Tax ID: 23-0962030
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewPeoplesbank A Codorus Valley Company is a smaller bank specializing in Home Purchase and Refi loans. Peoplesbank A Codorus Valley Company has a high proportion of conventional loans. Their top markets by origination volume include: York, Baltimore, Chambersburg, Gettysburg, and Lancaster among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)
Peoplesbank A Codorus Valley Company 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. Peoplesbank A Codorus Valley Company 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.
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|Simulated Rate||Simulation Date|
|Home Equity Line of Credit (HELOC)||3.93%||3/31/23|
|30 Year Conventional Purchase||6.95%||3/31/23|
|30 Year Conventional Refi||6.51%||3/31/23|
|30 Year Cash-out Refi||6.88%||3/31/23|
|15 Year Conventional Purchase||7.01%||3/31/23|
|15 Year Conventional Refi||6.11%||3/31/23|
|15 Year Cash-out Refi||6.11%||3/31/23|
|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.|
Origination Dollar Volume (All Markets)$182,270,000
Peoplesbank A Codorus Valley Company's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.24%.
Relative Fees (Closing Costs)
Peoplesbank A Codorus Valley Company's average total fees/closing costs for a 30 year fixed rate
mortgage were $4,462.
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.
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|
|YORK-HANOVER, PA (FHA|USDA|VA)||501||$79,265,000||$158,214||$4,321||3.43%|
|BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA)||130||$64,440,000||$495,692||$4,478||3.31%|
|CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA)||2||$12,810,000||$6,405,000||$0||4.00%|
|GETTYSBURG, PA (FHA|USDA|VA)||28||$7,200,000||$257,143||$5,474||4.29%|
|LANCASTER, PA (FHA|USDA|VA)||35||$6,425,000||$183,571||$6,485||2.93%|
|HARRISBURG-CARLISLE, PA (FHA|USDA|VA)||22||$3,510,000||$159,545||$4,665||4.84%|
|Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA)||7||$2,135,000||$305,000||$5,110||3.71%|
|SALISBURY, MD-DE (FHA|USDA|VA)||5||$1,805,000||$361,000||$4,201||5.05%|
|Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA)||5||$1,735,000||$347,000||$5,796||3.50%|
|SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA)||3||$1,215,000||$405,000||$6,215||5.08%|
|LEBANON, PA (FHA|USDA|VA)||5||$805,000||$161,000||$8,498||4.02%|
|Somerset, PA (FHA|USDA|VA)||1||$655,000||$655,000||$6,666||5.63%|
|Huntingdon, PA (FHA|USDA|VA)||1||$235,000||$235,000||$4,015||5.50%|
|ALTOONA, PA (FHA|USDA|VA)||1||$35,000||$35,000||$0||1.74%|
We use machine learning to identify the top lenders compared against PEOPLESBANK A CODORUS VALLEY COMPANY based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Peoplesbank A Codorus Valley Company's most frequently originated type of loan was HELOC, with 403 originations. Their 2nd most popular type was Conventional, with 343 originations.
For 2022, Peoplesbank A Codorus Valley Company's most frequently cited loan purpose was Home Purchase, with 260 originations. The 2nd most popular reason was Refi, with 183 originations.
For 2022, Peoplesbank A Codorus Valley Company's most frequently cited loan duration was Other, with 409 originations. The 2nd most popular length was 30 Year, with 168 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Peoplesbank A Codorus Valley Company's average total fees were $4,462, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 149 originations.
During 2022, Peoplesbank A Codorus Valley Company's average interest rate for loans was 5.00%, while their most frequently originated rate bucket for loans was <2.5%, with 345 originations.
2022 saw Peoplesbank A Codorus Valley Company place emphasis on $100,000 or less loans with 286 originations, totaling $15,860,000 in origination value.
Peoplesbank A Codorus Valley Company lent most frequently to those with incomes in the $100k-150k range, with 161 originations. The second most popular income band? $50k-75k, with 132 originations.
Applicant Debt to Income Ratio
Peoplesbank A Codorus Valley Company lent most frequently to those with DTI ratios of 20-30%, with 155 originations. The next most common DTI ratio? 30-36%, with 102 originations.
Approval RatesTotal approvals of all applications
Peoplesbank A Codorus Valley Company has an average approval rate.
Pick RateApprovals leading to origination
Peoplesbank A Codorus Valley Company has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|