John Marshall Bank Mortgage Rates, Fees & Info
Reston, VALEI: 549300A0NYWCTG5X8Y25
Tax ID: 74-3125891
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Mortgage Data
Review & Overview
John Marshall Bank is a smaller bank specializing in Home Purchase and Refi loans. John Marshall Bank has a high proportion of conventional loans. Their top markets by origination volume include: Washington, Salisbury, Miami, Traverse City, and Baltimore among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)John Marshall 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.
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Originations
53Origination Dollar Volume (All Markets)
$39,965,000Top 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 |
|---|---|---|---|---|---|
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 45 | $35,725,000 | $793,889 | $0 | 0.00% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 2 | $1,270,000 | $635,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $1,245,000 | $1,245,000 | $0 | 0.00% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $915,000 | $915,000 | $0 | 0.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $250,000 | $125,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 53 | $39,965,000 | $754,057 | $0 | 0.00% |
For 2022, John Marshall Bank's most frequently originated type of loan was Conventional, with 53 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 29 | $10,865,000 | $374,655 | $0 | 0.00% |
| Refi | 21 | $26,275,000 | $1,251,190 | $0 | 0.00% |
| Other | 3 | $2,825,000 | $941,667 | $0 | 0.00% |
For 2022, John Marshall Bank's most frequently cited loan purpose was Home Purchase, with 29 originations. The 2nd most popular reason was Refi, with 21 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 53 | $39,965,000 | $754,057 | $0 | 0.00% |
For 2022, John Marshall Bank's most frequently cited loan duration was Other, with 53 originations.
Loan Sizing
2022 saw John Marshall Bank place emphasis on $1MM+ loans with 14 originations, totaling $23,960,000 in origination value.
Applicant Income
John Marshall Bank lent most frequently to those with incomes in the $250k+ range, with 14 originations. The second most popular income band? $75k-100k, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 53 | $39,965,000 | $754,057 | $0 | 0.00% |
John Marshall Bank lent most frequently to those with DTI ratios of Exempt%, with 53 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.99%
John Marshall 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 origination94.34%
John Marshall Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 53 | $39,965,000 | $754,057 |