Abington Bank Mortgage Rates, Fees & InfoAbington, MA
Tax ID: 04-1728400
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewAbington Bank is a smaller bank specializing in Home Purchase loans. Abington Bank has a high proportion of conventional loans. Their top markets by origination volume include: Boston, Providence, Worcester, and Barnstable Town among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)
Abington 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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Origination Dollar Volume (All Markets)$54,215,000
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|
|Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA)||71||$49,715,000||$700,211||$0||0.00%|
|PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA)||6||$3,040,000||$506,667||$0||0.00%|
|WORCESTER, MA-CT (FHA|USDA|VA)||2||$750,000||$375,000||$0||0.00%|
|BARNSTABLE TOWN, MA (FHA|USDA|VA)||2||$710,000||$355,000||$0||0.00%|
Their top states include:
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Abington Bank's most frequently originated type of loan was Conventional, with 81 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
|Cash Out Refi||12||$4,610,000||$384,167||$0||0.00%|
For 2022, Abington Bank's most frequently cited loan purpose was Home Purchase, with 47 originations. The 2nd most popular reason was Refi, with 14 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Abington Bank's most frequently cited loan duration was Other, with 81 originations.
2022 saw Abington Bank place emphasis on $200k-400k loans with 23 originations, totaling $7,135,000 in origination value.
Abington Bank lent most frequently to those with incomes in the $100k-150k range, with 23 originations. The second most popular income band? $150k-250k, with 13 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Abington Bank lent most frequently to those with DTI ratios of Exempt%, with 81 originations.
Approval RatesTotal approvals of all applications
Abington Bank has an average approval rate.
Pick RateApprovals leading to origination
Abington Bank has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|