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, New York, and Hudson among others. We have data for 5 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

164

Origination Dollar Volume (All Markets)

$52,120,000

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)	72	$22,460,000	$311,944	$0	0.00%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA\|USDA\|VA)	73	$20,795,000	$284,863	$0	0.00%
New York-Newark-Jersey City, NY-NJ-PA (FHA\|USDA\|VA)	8	$3,950,000	$493,750	$0	0.00%
Outside of Metro Areas	7	$3,475,000	$496,429	$0	0.00%
Hudson, NY (FHA\|USDA\|VA)	4	$1,440,000	$360,000	$0	0.00%

Wallkill Valley Federal Savings And Loan Association's top markets include Kingston, Poughkeepsie, New York, and Hudson 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	164	$52,120,000	$317,805	$0	0.00%

For 2022, Wallkill Valley Federal Savings And Loan Association's most frequently originated type of loan was Conventional, with 164 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	103	$36,555,000	$354,903	$0	0.00%
Cash Out Refi	25	$6,745,000	$269,800	$0	0.00%
Refi	24	$7,380,000	$307,500	$0	0.00%
Home Improvement	9	$645,000	$71,667	$0	0.00%
Other	2	$90,000	$45,000	$0	0.00%
NA	1	$705,000	$705,000	$0	0.00%

For 2022, Wallkill Valley Federal Savings And Loan Association's most frequently cited loan purpose was Home Purchase, with 103 originations. The 2nd most popular reason was Cash Out Refi, with 25 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	164	$52,120,000	$317,805	$0	0.00%

For 2022, Wallkill Valley Federal Savings And Loan Association's most frequently cited loan duration was Other, with 164 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	81	$23,035,000	$284,383	$0	0.00%
$100k-200k	31	$4,755,000	$153,387	$0	0.00%
$400k-600k	29	$13,255,000	$457,069	$0	0.00%
$100,000 or less	12	$650,000	$54,167	$0	0.00%
$600k-1MM	8	$5,560,000	$695,000	$0	0.00%
$1MM+	3	$4,865,000	$1,621,667	$0	0.00%

2022 saw Wallkill Valley Federal Savings And Loan Association place emphasis on $200k-400k loans with 81 originations, totaling $23,035,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$150k-250k	40	$13,110,000	$327,750	$0	0.00%
$100k-150k	28	$7,930,000	$283,214	$0	0.00%
$50k-75k	17	$2,815,000	$165,588	$0	0.00%
$250k+	16	$7,560,000	$472,500	$0	0.00%
$75k-100k	15	$3,235,000	$215,667	$0	0.00%
$50k or less	5	$1,075,000	$215,000	$0	0.00%

Wallkill Valley Federal Savings And Loan Association lent most frequently to those with incomes in the $150k-250k range, with 40 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%	164	$52,120,000	$317,805	$0	0.00%

Wallkill Valley Federal Savings And Loan Association lent most frequently to those with DTI ratios of Exempt%, with 164 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	91	$25,835,000	$283,901	$0	0.00%
Not applicable	41	$16,015,000	$390,610	$0	0.00%
Not provided	23	$7,745,000	$336,739	$0	0.00%
Asian	4	$1,310,000	$327,500	$0	0.00%
Black	4	$930,000	$232,500	$0	0.00%
Native Hawaiian or Islander	1	$285,000	$285,000	$0	0.00%

Approval Rates

Total approvals of all applications
91.83%

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

Pick Rate

Approvals leading to origination
84.76%

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

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	164	$52,120,000	$317,805

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	164	$52,120,000	$317,805