Taylorsville Savings Bank Ssb Mortgage Rates, Fees & Info

Taylorsville, NC

LEI: 549300BV0LT7IVZH9408

Tax ID: 56-0425630

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

    Taylorsville Savings Bank Ssb is a smaller bank specializing in Home Purchase loans. Taylorsville Savings Bank Ssb has a high proportion of conventional loans. Their top markets by origination volume include: Hickory, Charlotte, Winston, Marion, and North Wilkesboro among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Taylorsville Savings Bank Ssb has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.

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    Originations

    104

    Origination Dollar Volume (All Markets)

    $30,640,000

    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
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 80 $23,510,000 $293,875 $0 0.00%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 16 $4,920,000 $307,500 $0 0.00%
    WINSTON-SALEM, NC (FHA|USDA|VA) 3 $955,000 $318,333 $0 0.00%
    Marion, NC (FHA|USDA|VA) 3 $705,000 $235,000 $0 0.00%
    North Wilkesboro, NC (FHA|USDA|VA) 2 $550,000 $275,000 $0 0.00%
    Taylorsville Savings Bank Ssb's top markets include Hickory, Charlotte, Winston, Marion, and North Wilkesboro among others.

    Their top states include:
  • North Carolina (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 104 $30,640,000 $294,615 $0 0.00%

    For 2023, Taylorsville Savings Bank Ssb's most frequently originated type of loan was Conventional, with 104 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 82 $27,660,000 $337,317 $0 0.00%
    Refi 9 $1,545,000 $171,667 $0 0.00%
    Other 7 $735,000 $105,000 $0 0.00%
    Home Improvement 6 $700,000 $116,667 $0 0.00%

    For 2023, Taylorsville Savings Bank Ssb's most frequently cited loan purpose was Home Purchase, with 82 originations. The 2nd most popular reason was Refi, with 9 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 104 $30,640,000 $294,615 $0 0.00%

    For 2023, Taylorsville Savings Bank Ssb's most frequently cited loan duration was Other, with 104 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 39 $11,395,000 $292,179 $0 0.00%
    $400k-600k 24 $11,090,000 $462,083 $0 0.00%
    $100k-200k 21 $2,935,000 $139,762 $0 0.00%
    $100,000 or less 14 $940,000 $67,143 $0 0.00%
    $600k-1MM 6 $4,280,000 $713,333 $0 0.00%

    2023 saw Taylorsville Savings Bank Ssb place emphasis on $200k-400k loans with 39 originations, totaling $11,395,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 40 $12,660,000 $316,500 $0 0.00%
    $150k-250k 20 $7,020,000 $351,000 $0 0.00%
    $75k-100k 20 $4,850,000 $242,500 $0 0.00%
    $50k or less 9 $905,000 $100,556 $0 0.00%
    $50k-75k 8 $1,060,000 $132,500 $0 0.00%
    $250k+ 7 $4,145,000 $592,143 $0 0.00%

    Taylorsville Savings Bank Ssb lent most frequently to those with incomes in the $100k-150k range, with 40 originations. The second most popular income band? $150k-250k, with 20 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 104 $30,640,000 $294,615 $0 0.00%

    Taylorsville Savings Bank Ssb lent most frequently to those with DTI ratios of Exempt%, with 104 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 100 $29,610,000 $296,100 $0 0.00%
    Vietnamese 1 $455,000 $455,000 $0 0.00%
    Asian 2 $450,000 $225,000 $0 0.00%
    Black 1 $125,000 $125,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.00%

    Taylorsville Savings Bank Ssb has an average approval rate.

    Pick Rate

    Approvals leading to origination
    90.38%

    Taylorsville Savings Bank Ssb has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 104 $30,640,000 $294,615

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    104 $30,640,000 $294,615