The Old Point National Bank Of Phoebus Mortgage Rates, Fees & InfoHampton, VA
Tax ID: 54-0325370
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewThe Old Point National Bank Of Phoebus is a smaller bank specializing in Home Purchase loans. The Old Point National Bank Of Phoebus has a high proportion of conventional loans. Their top markets by origination volume include: Virginia Beach, Richmond, Charlotte, Washington, and Kill Devil Hills among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)
The Old Point National Bank Of Phoebus 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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Origination Dollar Volume (All Markets)$98,590,000
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|
|VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA)||373||$73,025,000||$195,777||$0||0.00%|
|RICHMOND, VA (FHA|USDA|VA)||35||$11,405,000||$325,857||$0||0.00%|
|CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA)||18||$6,210,000||$345,000||$0||0.00%|
|Outside of Metro Areas||6||$2,830,000||$471,667||$0||0.00%|
|Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA)||5||$1,235,000||$247,000||$0||0.00%|
|Kill Devil Hills, NC (FHA|USDA|VA)||2||$1,060,000||$530,000||$0||0.00%|
|LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA)||1||$735,000||$735,000||$0||0.00%|
|DURHAM-CHAPEL HILL, NC (FHA|USDA|VA)||1||$505,000||$505,000||$0||0.00%|
|LYNCHBURG, VA (FHA|USDA|VA)||1||$425,000||$425,000||$0||0.00%|
|Elizabeth City, NC (FHA|USDA|VA)||3||$345,000||$115,000||$0||0.00%|
|HARRISONBURG, VA (FHA|USDA|VA)||1||$325,000||$325,000||$0||0.00%|
|PORT ST. LUCIE, FL (FHA|USDA|VA)||1||$325,000||$325,000||$0||0.00%|
|Roanoke Rapids, NC (FHA|USDA|VA)||1||$165,000||$165,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, The Old Point National Bank Of Phoebus's most frequently originated type of loan was Conventional, with 448 originations.
For 2022, The Old Point National Bank Of Phoebus's most frequently cited loan purpose was Home Purchase, with 141 originations. The 2nd most popular reason was Home Improvement, with 115 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, The Old Point National Bank Of Phoebus's most frequently cited loan duration was Other, with 448 originations.
2022 saw The Old Point National Bank Of Phoebus place emphasis on $100,000 or less loans with 149 originations, totaling $8,105,000 in origination value.
The Old Point National Bank Of Phoebus lent most frequently to those with incomes in the $150k-250k range, with 120 originations. The second most popular income band? $100k-150k, with 105 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
The Old Point National Bank Of Phoebus lent most frequently to those with DTI ratios of Exempt%, with 448 originations.
Approval RatesTotal approvals of all applications
The Old Point National Bank Of Phoebus has an average approval rate.
Pick RateApprovals leading to origination
The Old Point National Bank Of Phoebus has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|