Quaint Oak Bank Mortgage Rates, Fees & Info
Southampton, PALEI: 5493009U3Z7T32DXL565
Tax ID: 23-0993717
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Quaint Oak Bank is a smaller bank specializing in Refi and Home Purchase loans. Quaint Oak Bank has a high proportion of conventional loans.Quaint Oak Bank has an above average approval rate when compared to the average across all 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.
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.
Originations
7Origination Dollar Volume (All Markets)
$14,485,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 7 | $14,485,000 | $2,069,286 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 7 | $14,485,000 | $2,069,286 | $0 | 0.00% |
For 2023, Quaint Oak Bank's most frequently originated type of loan was Conventional, with 7 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 4 | $3,430,000 | $857,500 | $0 | 0.00% |
| Home Purchase | 3 | $11,055,000 | $3,685,000 | $0 | 0.00% |
For 2023, Quaint Oak Bank's most frequently cited loan purpose was Refi, with 4 originations. The 2nd most popular reason was Home Purchase, with 3 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 7 | $14,485,000 | $2,069,286 | $0 | 0.00% |
For 2023, Quaint Oak Bank's most frequently cited loan duration was Other, with 7 originations.
Loan Sizing
2023 saw Quaint Oak Bank place emphasis on $1MM+ loans with 4 originations, totaling $13,010,000 in origination value.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 7 | $14,485,000 | $2,069,286 | $0 | 0.00% |
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 6 | $14,410,000 | $2,401,667 | $0 | 0.00% |
| White | 1 | $75,000 | $75,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications100.00%
Quaint Oak Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 7 | $14,485,000 | $2,069,286 |