First Federal Savings Bank Of Lincolnton Mortgage Rates, Fees & InfoLincolnton, NC
Tax ID: 56-0499280
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewFirst Federal Savings Bank Of Lincolnton is a smaller bank specializing in Home Purchase and Refi loans. First Federal Savings Bank Of Lincolnton has a high proportion of conventional loans. Their top markets by origination volume include: Charlotte, Hickory, Shelby, Boone, and Myrtle Beach among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)
First Federal Savings Bank Of Lincolnton 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)$69,305,000
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|
|CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA)||182||$50,310,000||$276,429||$0||0.00%|
|HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA)||49||$16,035,000||$327,245||$0||0.00%|
|Shelby, NC (FHA|USDA|VA)||6||$1,300,000||$216,667||$0||0.00%|
|Boone, NC (FHA|USDA|VA)||3||$1,185,000||$395,000||$0||0.00%|
|MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA)||1||$475,000||$475,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, First Federal Savings Bank Of Lincolnton's most frequently originated type of loan was Conventional, with 241 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, First Federal Savings Bank Of Lincolnton's most frequently cited loan purpose was Home Purchase, with 143 originations. The 2nd most popular reason was Refi, with 71 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, First Federal Savings Bank Of Lincolnton's most frequently cited loan duration was Other, with 241 originations.
2022 saw First Federal Savings Bank Of Lincolnton place emphasis on $200k-400k loans with 97 originations, totaling $27,555,000 in origination value.
First Federal Savings Bank Of Lincolnton lent most frequently to those with incomes in the $100k-150k range, with 64 originations. The second most popular income band? $150k-250k, with 44 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
First Federal Savings Bank Of Lincolnton lent most frequently to those with DTI ratios of Exempt%, with 241 originations.
Approval RatesTotal approvals of all applications
First Federal Savings Bank Of Lincolnton has an average approval rate.
Pick RateApprovals leading to origination
First Federal Savings Bank Of Lincolnton has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|
|Bank Name||Product||Issue||2022 CPFB Complaints||% of Total Issues|
|FIRST CITIZENS BANCSHARES, INC.||Home equity loan or line of credit (HELOC)||Applying for a mortgage or refinancing an existing mortgage||1||100.0%|