Qnb Bank Mortgage Rates, Fees & Info
Quakertown, PALEI: 549300BPO83ZZLEVGG70
Tax ID: 23-0995065
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
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.
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Originations
189Origination Dollar Volume (All Markets)
$53,965,000Top Markets
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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% |
Their top states include:
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
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
2023 saw Qnb Bank place emphasis on $100,000 or less loans with 79 originations, totaling $3,335,000 in origination value.
Applicant Income
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
Approval Rates
Total approvals of all applications84.48%
Qnb Bank has a below average approval rate.
Pick Rate
Approvals leading to origination76.19%
Qnb Bank has a below average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
Exempt | 189 | $53,965,000 | $285,529 |