Northfield Bank Mortgage Rates, Fees & InfoNew York, NY
Tax ID: 13-5578494
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewNorthfield Bank is a smaller bank specializing in Refi loans. Northfield Bank has a high proportion of conventional loans. Their top markets by origination volume include: New York, Philadelphia, Harrisburg, Scranton, and Trenton among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)
Northfield Bank has a below 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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Origination Dollar Volume (All Markets)$767,670,000
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|
|New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA)||684||$514,400,000||$752,047||$0||0.00%|
|Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA)||57||$154,635,000||$2,712,895||$0||0.00%|
|HARRISBURG-CARLISLE, PA (FHA|USDA|VA)||2||$23,510,000||$11,755,000||$0||0.00%|
|SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA)||5||$19,545,000||$3,909,000||$0||0.00%|
|TRENTON-PRINCETON, NJ (FHA|USDA|VA)||50||$14,900,000||$298,000||$0||0.00%|
|BLOOMSBURG-BERWICK, PA (FHA|USDA|VA)||2||$12,400,000||$6,200,000||$0||0.00%|
|YORK-HANOVER, PA (FHA|USDA|VA)||1||$9,905,000||$9,905,000||$0||0.00%|
|READING, PA (FHA|USDA|VA)||1||$4,805,000||$4,805,000||$0||0.00%|
|LANCASTER, PA (FHA|USDA|VA)||1||$3,505,000||$3,505,000||$0||0.00%|
|Torrington, CT (FHA|USDA|VA)||1||$3,435,000||$3,435,000||$0||0.00%|
|EAST STROUDSBURG, PA (FHA|USDA|VA)||2||$2,380,000||$1,190,000||$0||0.00%|
|ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA)||9||$1,415,000||$157,222||$0||0.00%|
|ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA)||4||$1,160,000||$290,000||$0||0.00%|
|POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA)||5||$1,065,000||$213,000||$0||0.00%|
|OCEAN CITY, NJ (FHA|USDA|VA)||3||$585,000||$195,000||$0||0.00%|
|Outside of Metro Areas||1||$25,000||$25,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Northfield Bank's most frequently originated type of loan was Conventional, with 828 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Northfield Bank's most frequently cited loan purpose was Home Improvement, with 323 originations. The 2nd most popular reason was Refi, with 276 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Northfield Bank's most frequently cited loan duration was Other, with 828 originations.
2022 saw Northfield Bank place emphasis on $100,000 or less loans with 259 originations, totaling $14,805,000 in origination value.
Northfield Bank lent most frequently to those with incomes in the $150k-250k range, with 213 originations. The second most popular income band? $100k-150k, with 152 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Northfield Bank lent most frequently to those with DTI ratios of Exempt%, with 828 originations.
Approval RatesTotal approvals of all applications
Northfield Bank has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick RateApprovals leading to origination
Northfield Bank has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|