First Central Savings Bank Mortgage Rates, Fees & InfoGlen Cove, NY
Tax ID: 52-2140279
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewFirst Central Savings Bank is a smaller bank specializing in Home Purchase loans. First Central Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: New York, Miami, Boston, Tampa, and Orlando among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)
First Central Savings Bank 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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Origination Dollar Volume (All Markets)$311,510,000
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|
|New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA)||439||$295,815,000||$673,838||$0||0.00%|
|Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA)||14||$6,110,000||$436,429||$0||0.00%|
|Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA)||4||$1,670,000||$417,500||$0||0.00%|
|TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA)||5||$1,415,000||$283,000||$0||0.00%|
|ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA)||3||$1,025,000||$341,667||$0||0.00%|
|KINGSTON, NY (FHA|USDA|VA)||1||$935,000||$935,000||$0||0.00%|
|HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA)||1||$765,000||$765,000||$0||0.00%|
|NAPLES-MARCO ISLAND, FL (FHA|USDA|VA)||1||$745,000||$745,000||$0||0.00%|
|Outside of Metro Areas||1||$465,000||$465,000||$0||0.00%|
|PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA)||1||$425,000||$425,000||$0||0.00%|
|ITHACA, NY (FHA|USDA|VA)||1||$375,000||$375,000||$0||0.00%|
|Hudson, NY (FHA|USDA|VA)||1||$325,000||$325,000||$0||0.00%|
|JACKSONVILLE, FL (FHA|USDA|VA)||1||$305,000||$305,000||$0||0.00%|
|BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA)||1||$275,000||$275,000||$0||0.00%|
|Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA)||1||$245,000||$245,000||$0||0.00%|
|ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA)||1||$235,000||$235,000||$0||0.00%|
|POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA)||1||$205,000||$205,000||$0||0.00%|
|Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA)||1||$175,000||$175,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, First Central Savings Bank's most frequently originated type of loan was Conventional, with 478 originations.
For 2022, First Central Savings Bank's most frequently cited loan purpose was Home Purchase, with 394 originations. The 2nd most popular reason was Cash Out Refi, with 46 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, First Central Savings Bank's most frequently cited loan duration was Other, with 478 originations.
2022 saw First Central Savings Bank place emphasis on $600k-1MM loans with 189 originations, totaling $142,915,000 in origination value.
First Central Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 112 originations. The second most popular income band? $75k-100k, with 89 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
First Central Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 478 originations.
Approval RatesTotal approvals of all applications
First Central Savings Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
First Central Savings Bank has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
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%|