The Old Fort Banking Company Mortgage Rates, Fees & Info
Old Fort, OHLEI: 549300AWVW2ZYIVA5297
Tax ID: 34-4321530
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Old Fort Banking Company is a smaller bank specializing in Home Purchase loans. The Old Fort Banking Company has a high proportion of conventional loans. Their top markets by origination volume include: Dayton, Tiffin, Sidney, Cincinnati, and Findlay among others. We have data for 24 markets. (Some data included below & more in-depth data is available with an active subscription.)The Old Fort Banking Company 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.
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Originations
168Origination Dollar Volume (All Markets)
$48,620,000Top 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 |
|---|---|---|---|---|---|
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 73 | $17,325,000 | $237,329 | $0 | 0.00% |
| Tiffin, OH (FHA|USDA|VA) | 39 | $8,735,000 | $223,974 | $0 | 0.00% |
| Sidney, OH (FHA|USDA|VA) | 1 | $6,005,000 | $6,005,000 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 7 | $3,285,000 | $469,286 | $0 | 0.00% |
| Findlay, OH (FHA|USDA|VA) | 10 | $2,290,000 | $229,000 | $0 | 0.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 4 | $1,880,000 | $470,000 | $0 | 0.00% |
| TOLEDO, OH (FHA|USDA|VA) | 6 | $1,710,000 | $285,000 | $0 | 0.00% |
| Fremont, OH (FHA|USDA|VA) | 7 | $1,165,000 | $166,429 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $865,000 | $865,000 | $0 | 0.00% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 4 | $700,000 | $175,000 | $0 | 0.00% |
| Mount Vernon, OH (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $0 | 0.00% |
| Wilmington, OH (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $0 | 0.00% |
| Urbana, OH (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| Hillsdale, MI (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 0.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| Athens, OH (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Bucyrus-Galion, OH (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Norwalk, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against The Old Fort Banking Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 168 | $48,620,000 | $289,405 | $0 | 0.00% |
For 2024, The Old Fort Banking Company's most frequently originated type of loan was Conventional, with 168 originations.
Loan Reason
For 2024, The Old Fort Banking Company's most frequently cited loan purpose was Home Purchase, with 121 originations. The 2nd most popular reason was Cash Out Refi, with 34 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 168 | $48,620,000 | $289,405 | $0 | 0.00% |
For 2024, The Old Fort Banking Company's most frequently cited loan duration was Other, with 168 originations.
Loan Sizing
2024 saw The Old Fort Banking Company place emphasis on $100k-200k loans with 62 originations, totaling $9,180,000 in origination value.
Applicant Income
The Old Fort Banking Company lent most frequently to those with incomes in the $50k-75k range, with 36 originations. The second most popular income band? $100k-150k, with 28 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 168 | $48,620,000 | $289,405 | $0 | 0.00% |
The Old Fort Banking Company lent most frequently to those with DTI ratios of Exempt%, with 168 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.97%
The Old Fort Banking Company has an average approval rate.
Pick Rate
Approvals leading to origination82.74%
The Old Fort Banking Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 168 | $48,620,000 | $289,405 |