The Bank Of Greene County Mortgage Rates, Fees & Info

Catskill, NY

LEI: 549300G0QSZVT1E3RS89

Tax ID: 14-0553610

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • 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

    The Bank Of Greene County is a smaller bank specializing in Refi and Home Purchase loans. The Bank Of Greene County has a high proportion of conventional loans. Their top markets by origination volume include: Hudson, Albany, Poughkeepsie, Kingston, and New York among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Bank Of Greene County 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. The Bank Of Greene County is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.08% 4/21/24
    30 Year Conventional Refi 6.16% 4/21/24
    15 Year Conventional Purchase 6.12% 4/21/24
    15 Year Conventional Refi 6.01% 4/21/24
    15 Year Cash-out Refi 6.01% 4/21/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    The Bank Of Greene County Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from The Bank Of Greene County. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    451

    Origination Dollar Volume (All Markets)

    $141,375,000

    Awards

    The Bank of Greene County 30 Year Conventional Loans gold The Bank of Greene County 30 Year Conventional Loans gold The Bank of Greene County 30 Year Conventional Loans gold
    Show all (3) awards

    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
    Hudson, NY (FHA|USDA|VA) 148 $44,790,000 $302,635 $4,309 3.88%
    Outside of Metro Areas 167 $40,285,000 $241,228 $2,998 3.98%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 63 $25,855,000 $410,397 $2,739 3.92%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 16 $14,960,000 $935,000 $5,379 3.86%
    KINGSTON, NY (FHA|USDA|VA) 52 $13,130,000 $252,500 $3,267 3.98%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 2 $1,110,000 $555,000 $5,933 3.39%
    SPRINGFIELD, MA (FHA|USDA|VA) 1 $775,000 $775,000 $0 4.49%
    Auburn, NY (FHA|USDA|VA) 1 $305,000 $305,000 $0 4.49%
    Gloversville, NY (FHA|USDA|VA) 1 $165,000 $165,000 $2,611 3.04%
    The Bank Of Greene County's top markets include Hudson, Albany, Poughkeepsie, Kingston, and New York among others.

    Their top states include:
  • New York (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against The Bank of Greene County based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    The Bank of Greene County
    Similarity Rank: 81
    Ulster Savings Bank
    Similarity Rank: 108
    SUNMARK FEDERAL CREDIT UNION
    Similarity Rank: 144
    SEFCU SERVICES, LLC
    Similarity Rank: 208
    TrustCo Bank
    Similarity Rank: 252
    HOMESTEAD FUNDING CORP.
    Similarity Rank: 5360
    Bank of America
    Similarity Rank: 5600
    KeyBank
    Similarity Rank: 6972
    Wells Fargo Bank
    Similarity Rank: 9190
    JPMorgan Chase Bank
    Similarity Rank: 15822

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 451 $141,375,000 $313,470 $3,550 3.93%

    For 2022, The Bank Of Greene County's most frequently originated type of loan was Conventional, with 451 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 192 $59,840,000 $311,667 $2,985 3.53%
    Home Purchase 175 $67,005,000 $382,886 $5,115 4.20%
    Home Improvement 58 $10,370,000 $178,793 $2,399 4.30%
    Other 26 $4,160,000 $160,000 $2,040 4.29%

    For 2022, The Bank Of Greene County's most frequently cited loan purpose was Refi, with 192 originations. The 2nd most popular reason was Home Purchase, with 175 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 111 $26,675,000 $240,315 $2,169 3.59%
    10 Year 94 $27,200,000 $289,362 $1,183 3.92%
    20 Year 88 $32,350,000 $367,614 $3,607 4.27%
    30 Year 85 $29,765,000 $350,176 $5,258 3.94%
    Other 42 $10,340,000 $246,190 $3,994 4.04%
    30+ year 26 $14,910,000 $573,462 $10,432 4.03%
    5 Year 5 $135,000 $27,000 $561 4.32%

    For 2022, The Bank Of Greene County's most frequently cited loan duration was 15 Year, with 111 originations. The 2nd most popular length was 10 Year, with 94 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 124 $23,170,000 $186,855
    $<1k 108 $7,930,000 $73,426
    $2k-3k 53 $16,195,000 $305,566
    $5k+ 38 $26,140,000 $687,895
    $3k-4k 35 $13,145,000 $375,571
    $4k-5k 14 $7,030,000 $502,143

    The Bank Of Greene County's average total fees were $5,258, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 124 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 234 $92,280,000 $394,359
    4-5% 113 $31,105,000 $275,265
    5-6% 56 $10,870,000 $194,107
    2.5-3% 35 $5,415,000 $154,714
    6-7% 12 $1,680,000 $140,000
    7-8% 1 $25,000 $25,000

    During 2022, The Bank Of Greene County's average interest rate for loans was 3.94%, while their most frequently originated rate bucket for loans was 3-4%, with 234 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 149 $41,495,000 $278,490 $3,841 3.78%
    $100k-200k 131 $19,345,000 $147,672 $1,996 3.85%
    $100,000 or less 81 $4,545,000 $56,111 $863 4.37%
    $400k-600k 51 $24,715,000 $484,608 $6,961 4.04%
    $600k-1MM 24 $16,800,000 $700,000 $9,618 3.80%
    $1MM+ 15 $34,475,000 $2,298,333 $20,354 3.72%

    2022 saw The Bank Of Greene County place emphasis on $200k-400k loans with 149 originations, totaling $41,495,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 106 $23,230,000 $219,151 $2,978 3.77%
    $150k-250k 70 $21,320,000 $304,571 $4,632 3.87%
    $250k+ 68 $32,660,000 $480,294 $6,430 3.71%
    $50k-75k 59 $7,445,000 $126,186 $1,994 3.90%
    $75k-100k 49 $9,235,000 $188,469 $2,877 3.75%
    $50k or less 30 $2,530,000 $84,333 $1,593 4.06%

    The Bank Of Greene County lent most frequently to those with incomes in the $100k-150k range, with 106 originations. The second most popular income band? $150k-250k, with 70 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 113 $23,575,000 $208,628 $3,067 3.86%
    30-36% 81 $20,855,000 $257,469 $3,544 3.91%
    <20% 48 $12,130,000 $252,708 $3,232 3.64%
    42% 35 $10,585,000 $302,429 $3,980 3.64%
    38% 21 $5,115,000 $243,571 $3,826 4.12%
    39% 20 $6,380,000 $319,000 $4,612 3.78%
    41% 18 $4,740,000 $263,333 $4,087 3.47%
    40% 16 $6,130,000 $383,125 $5,685 3.54%
    37% 15 $3,325,000 $221,667 $2,762 3.78%
    36% 12 $2,430,000 $202,500 $3,048 4.09%
    45% 1 $205,000 $205,000 $3,990 5.04%

    The Bank Of Greene County lent most frequently to those with DTI ratios of 20-30%, with 113 originations. The next most common DTI ratio? 30-36%, with 81 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 353 $88,995,000 $252,110 $3,468 3.84%
    Not applicable 57 $40,605,000 $712,368 $0 4.62%
    Not provided 26 $8,150,000 $313,462 $5,092 3.85%
    Asian 9 $2,635,000 $292,778 $3,573 3.50%
    Black 5 $935,000 $187,000 $2,161 4.34%
    American Indian 1 $55,000 $55,000 $773 3.04%

    Approval Rates

    Total approvals of all applications
    91.34%

    The Bank Of Greene County has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.48%

    The Bank Of Greene County has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 451 $141,375,000 $313,470

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    451 $141,375,000 $313,470

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 70 $10,790,000 $154,143 $2,026 3.77%
    40-60% 104 $29,600,000 $284,615 $3,687 3.61%
    60-80% 175 $82,205,000 $469,743 $4,775 3.88%
    80-100% 51 $14,985,000 $293,824 $4,765 4.29%
    Under 20% 51 $3,795,000 $74,412 $964 4.64%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    TD BANK US HOLDING COMPANY Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
    TD BANK US HOLDING COMPANY Conventional home mortgage Closing on a mortgage 1 50.0%