Qnb Bank Mortgage Rates, Fees & Info

Quakertown, PA

LEI: 549300BPO83ZZLEVGG70

Tax ID: 23-0995065

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Qnb Bank is a smaller bank specializing in Home Purchase and Refi loans. Qnb Bank has a high proportion of conventional loans. Their top markets by origination volume include: Philadelphia, Allentown, Ocean City, Atlantic City, and Reading among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Qnb Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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    Originations

    189

    Origination Dollar Volume (All Markets)

    $53,965,000

    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
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 154 $44,530,000 $289,156 $0 0.00%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 26 $6,350,000 $244,231 $0 0.00%
    OCEAN CITY, NJ (FHA|USDA|VA) 1 $1,105,000 $1,105,000 $0 0.00%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $735,000 $735,000 $0 0.00%
    READING, PA (FHA|USDA|VA) 3 $585,000 $195,000 $0 0.00%
    Outside of Metro Areas 2 $440,000 $220,000 $0 0.00%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $15,000 $15,000 $0 0.00%
    Qnb Bank's top markets include Philadelphia, Allentown, Ocean City, Atlantic City, and Reading among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 189 $53,965,000 $285,529 $0 0.00%

    For 2023, Qnb Bank's most frequently originated type of loan was Conventional, with 189 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 66 $33,510,000 $507,727 $0 0.00%
    Home Improvement 47 $5,155,000 $109,681 $0 0.00%
    Refi 42 $13,380,000 $318,571 $0 0.00%
    Other 33 $1,675,000 $50,758 $0 0.00%
    Cash Out Refi 1 $245,000 $245,000 $0 0.00%

    For 2023, Qnb Bank's most frequently cited loan purpose was Home Purchase, with 66 originations. The 2nd most popular reason was Home Improvement, with 47 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 189 $53,965,000 $285,529 $0 0.00%

    For 2023, Qnb Bank's most frequently cited loan duration was Other, with 189 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 79 $3,335,000 $42,215 $0 0.00%
    $200k-400k 41 $11,495,000 $280,366 $0 0.00%
    $100k-200k 40 $5,970,000 $149,250 $0 0.00%
    $600k-1MM 11 $8,625,000 $784,091 $0 0.00%
    $1MM+ 10 $20,380,000 $2,038,000 $0 0.00%
    $400k-600k 8 $4,160,000 $520,000 $0 0.00%

    2023 saw Qnb Bank place emphasis on $100,000 or less loans with 79 originations, totaling $3,335,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 38 $6,500,000 $171,053 $0 0.00%
    $50k-75k 32 $3,050,000 $95,313 $0 0.00%
    $75k-100k 25 $2,285,000 $91,400 $0 0.00%
    $150k-250k 20 $2,910,000 $145,500 $0 0.00%
    $250k+ 14 $5,830,000 $416,429 $0 0.00%
    $50k or less 10 $770,000 $77,000 $0 0.00%

    Qnb Bank lent most frequently to those with incomes in the $100k-150k range, with 38 originations. The second most popular income band? $50k-75k, with 32 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 189 $53,965,000 $285,529 $0 0.00%

    Qnb Bank lent most frequently to those with DTI ratios of Exempt%, with 189 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 45 $31,325,000 $696,111 $0 0.00%
    White 131 $21,085,000 $160,954 $0 0.00%
    Not provided 11 $1,005,000 $91,364 $0 0.00%
    Asian 1 $365,000 $365,000 $0 0.00%
    Black 1 $185,000 $185,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.48%

    Qnb Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    76.19%

    Qnb Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 189 $53,965,000 $285,529

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    189 $53,965,000 $285,529