Wallkill Valley Federal Savings And Loan Association Mortgage Rates, Fees & Info

Wallkill, NY

LEI: 549300BDZCCADL2HG292

Tax ID: 32-0539871

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Review & Overview

Wallkill Valley Federal Savings And Loan Association is a smaller mortgage company specializing in Home Purchase loans. Wallkill Valley Federal Savings And Loan Association has a high proportion of conventional loans. Their top markets by origination volume include: Kingston, Poughkeepsie, and New York among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

Wallkill Valley Federal Savings And Loan Association 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

113

Origination Dollar Volume (All Markets)

$33,125,000

Top 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
KINGSTON, NY (FHA\|USDA\|VA)	60	$18,910,000	$315,167	$0	0.00%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA\|USDA\|VA)	44	$11,480,000	$260,909	$0	0.00%
Outside of Metro Areas	7	$2,165,000	$309,286	$0	0.00%
New York-Newark-Jersey City, NY-NJ-PA (FHA\|USDA\|VA)	2	$570,000	$285,000	$0	0.00%

Wallkill Valley Federal Savings And Loan Association's top markets include Kingston, Poughkeepsie, and New York among others.

Their top states include:

New York (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	113	$33,125,000	$293,142	$0	0.00%

For 2023, Wallkill Valley Federal Savings And Loan Association's most frequently originated type of loan was Conventional, with 113 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	77	$26,415,000	$343,052	$0	0.00%
Home Improvement	13	$1,335,000	$102,692	$0	0.00%
Refi	10	$2,700,000	$270,000	$0	0.00%
Cash Out Refi	7	$1,935,000	$276,429	$0	0.00%
Other	6	$740,000	$123,333	$0	0.00%

For 2023, Wallkill Valley Federal Savings And Loan Association's most frequently cited loan purpose was Home Purchase, with 77 originations. The 2nd most popular reason was Home Improvement, with 13 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	113	$33,125,000	$293,142	$0	0.00%

For 2023, Wallkill Valley Federal Savings And Loan Association's most frequently cited loan duration was Other, with 113 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	59	$17,425,000	$295,339	$0	0.00%
$400k-600k	19	$8,895,000	$468,158	$0	0.00%
$100,000 or less	16	$1,070,000	$66,875	$0	0.00%
$100k-200k	14	$2,160,000	$154,286	$0	0.00%
$600k-1MM	5	$3,575,000	$715,000	$0	0.00%

2023 saw Wallkill Valley Federal Savings And Loan Association place emphasis on $200k-400k loans with 59 originations, totaling $17,425,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$150k-250k	35	$11,405,000	$325,857	$0	0.00%
$250k+	23	$8,425,000	$366,304	$0	0.00%
$100k-150k	22	$5,540,000	$251,818	$0	0.00%
$75k-100k	13	$2,245,000	$172,692	$0	0.00%
$50k-75k	7	$1,305,000	$186,429	$0	0.00%
$50k or less	1	$515,000	$515,000	$0	0.00%

Wallkill Valley Federal Savings And Loan Association lent most frequently to those with incomes in the $150k-250k range, with 35 originations. The second most popular income band? $250k+, with 23 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	113	$33,125,000	$293,142	$0	0.00%

Wallkill Valley Federal Savings And Loan Association lent most frequently to those with DTI ratios of Exempt%, with 113 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	79	$22,315,000	$282,468	$0	0.00%
Not provided	18	$5,330,000	$296,111	$0	0.00%
Not applicable	12	$3,690,000	$307,500	$0	0.00%
Black	3	$935,000	$311,667	$0	0.00%
Asian Indian	1	$855,000	$855,000	$0	0.00%

Approval Rates

Total approvals of all applications
93.92%

Wallkill Valley Federal Savings And Loan Association has an average approval rate.

Pick Rate

Approvals leading to origination
80.53%

Wallkill Valley Federal Savings And Loan Association has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	113	$33,125,000	$293,142

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	113	$33,125,000	$293,142