Huntingdon Valley Bank Mortgage Rates, Fees & Info

Huntingdon Valley, PA

LEI: 549300G36820CW642I52

Tax ID: 23-0718025

5 stars - Updated: 7/11/24 - out of 5 stars, based on 19 reviews

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

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Mortgage Data

Review & Overview

Huntingdon Valley Bank is a smaller bank specializing in Home Purchase loans. Huntingdon Valley Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Philadelphia, Ocean City, New York, Atlantic City, and Salisbury among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)

Huntingdon Valley Bank 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. Huntingdon Valley Bank 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 relatively high 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 6.79% 7/11/24
30 Year Conventional Refi 6.59% 7/11/24
30 Year Cash-out Refi 6.99% 7/11/24
30 Year FHA Purchase 7.54% 7/11/24
30 Year FHA Refi 6.84% 7/11/24
30 Year VA Purchase 6.47% 7/11/24
30 Year VA Refi 6.28% 7/11/24
30 Year USDA Purchase 6.69% 7/11/24
15 Year Conventional Purchase 5.93% 7/11/24
15 Year Conventional Refi 6.21% 7/11/24
15 Year Cash-out Refi 6.21% 7/11/24
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.

Huntingdon Valley Bank Mortgage Calculator






Your Estimates

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

This is not an official calculator from Huntingdon Valley Bank. 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

350

Origination Dollar Volume (All Markets)

$110,000,000

Awards

Huntingdon Valley Bank FHA Loans gold Huntingdon Valley Bank FHA Loans bronze Huntingdon Valley Bank FHA Loans bronze
Show all (3) awards

Relative Rate

Huntingdon Valley Bank's average 30 year fixed mortgage rate was 6.47%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of -0.01%.

Relative Fees (Closing Costs)

Huntingdon Valley Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $7,472.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 302 $92,470,000 $306,192 $7,379 6.49%
OCEAN CITY, NJ (FHA|USDA|VA) 10 $5,160,000 $516,000 $8,262 6.46%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 10 $3,000,000 $300,000 $6,124 6.56%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 4 $1,800,000 $450,000 $6,815 6.50%
SALISBURY, MD-DE (FHA|USDA|VA) 3 $1,775,000 $591,667 $12,957 6.66%
DOVER, DE (FHA|USDA|VA) 6 $1,560,000 $260,000 $11,373 5.79%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 4 $900,000 $225,000 $5,435 6.72%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $725,000 $725,000 $13,148 6.63%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $715,000 $715,000 $10,035 7.13%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $575,000 $191,667 $5,126 6.75%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $305,000 $305,000 $9,038 6.50%
READING, PA (FHA|USDA|VA) 1 $225,000 $225,000 $0 9.25%
Lewistown, PA (FHA|USDA|VA) 1 $225,000 $225,000 $6,596 7.25%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $215,000 $215,000 $6,541 6.38%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $185,000 $185,000 $5,401 6.50%
Outside of Metro Areas 1 $165,000 $165,000 $6,170 6.38%
Huntingdon Valley Bank's top markets include Philadelphia, Ocean City, New York, Atlantic City, and Salisbury among others.

Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Delaware (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • District of Columbia (FHA|USDA|VA)
  • Similar Lenders

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

    Republic Bank
    Similarity Rank: 35
    N C P D Federal Credit Union
    Similarity Rank: 126
    County Savings Bank
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    GREATER ALLIANCE
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    Blue Foundry Bank
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    LYONS MORTGAGE SERVICES, INC.
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 263 $87,795,000 $333,821 $6,681 6.56%
    FHA 79 $19,415,000 $245,759 $9,720 6.29%
    VA 5 $1,485,000 $297,000 $9,390 6.25%
    USDA 2 $500,000 $250,000 $10,415 6.00%
    HELOC 1 $805,000 $805,000 n/a 8.50%

    For 2023, Huntingdon Valley Bank's most frequently originated type of loan was Conventional, with 263 originations. Their 2nd most popular type was FHA, with 79 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 319 $97,335,000 $305,125 $7,331 6.48%
    Cash Out Refi 16 $7,180,000 $448,750 $9,677 6.46%
    Refi 9 $2,875,000 $319,444 $7,669 6.79%
    Other 5 $1,805,000 $361,000 $8,443 6.70%
    Home Improvement 1 $805,000 $805,000 $0 8.50%

    For 2023, Huntingdon Valley Bank's most frequently cited loan purpose was Home Purchase, with 319 originations. The 2nd most popular reason was Cash Out Refi, with 16 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 327 $94,715,000 $289,648 $7,472 6.47%
    15 Year 7 $1,845,000 $263,571 $6,323 6.10%
    30+ year 5 $3,085,000 $617,000 $8,847 6.38%
    Other 4 $7,090,000 $1,772,500 $0 8.56%
    20 Year 2 $320,000 $160,000 $5,239 6.06%
    1 Year 2 $1,020,000 $510,000 $0 9.38%
    5 Year 2 $1,070,000 $535,000 $0 6.75%
    10 Year 1 $855,000 $855,000 $0 6.95%

    For 2023, Huntingdon Valley Bank's most frequently cited loan duration was 30 Year, with 327 originations. The 2nd most popular length was 15 Year, with 7 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 108 $26,450,000 $244,907
    $<1k 87 $27,325,000 $314,080
    $5k+ 56 $22,230,000 $396,964
    $2k-3k 42 $10,340,000 $246,190
    $3k-4k 24 $6,230,000 $259,583
    $4k-5k 23 $7,205,000 $313,261

    Huntingdon Valley Bank's average total fees were $7,472, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 108 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 234 $72,560,000 $310,085
    5-6% 75 $22,475,000 $299,667
    7-8% 35 $9,075,000 $259,286
    Over 8% 6 $5,890,000 $981,667

    During 2023, Huntingdon Valley Bank's average interest rate for loans was 6.47%, while their most frequently originated rate bucket for loans was 6-7%, with 234 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 193 $53,415,000 $276,762 $7,346 6.51%
    $100k-200k 85 $14,275,000 $167,941 $5,792 6.38%
    $400k-600k 43 $20,455,000 $475,698 $11,277 6.37%
    $600k-1MM 15 $10,995,000 $733,000 $8,270 7.16%
    $100,000 or less 8 $610,000 $76,250 $4,298 6.83%
    $1MM+ 6 $10,250,000 $1,708,333 $11,482 6.75%

    2023 saw Huntingdon Valley Bank place emphasis on $200k-400k loans with 193 originations, totaling $53,415,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 86 $19,390,000 $225,465 $6,444 6.38%
    $100k-150k 78 $26,540,000 $340,256 $8,712 6.56%
    $75k-100k 68 $17,510,000 $257,500 $7,065 6.46%
    $150k-250k 42 $16,840,000 $400,952 $8,264 6.58%
    $50k or less 42 $6,890,000 $164,048 $6,126 6.26%
    $250k+ 23 $12,945,000 $562,826 $9,459 6.47%

    Huntingdon Valley Bank lent most frequently to those with incomes in the $50k-75k range, with 86 originations. The second most popular income band? $100k-150k, with 78 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 57 $15,205,000 $266,754 $7,029 6.37%
    44% 29 $7,245,000 $249,828 $6,997 6.38%
    49% 27 $6,865,000 $254,259 $6,552 6.50%
    43% 26 $8,280,000 $318,462 $6,878 6.59%
    20-30% 25 $8,035,000 $321,400 $7,330 6.49%
    48% 24 $8,020,000 $334,167 $7,071 6.53%
    39% 19 $6,305,000 $331,842 $6,573 6.60%
    45% 18 $6,090,000 $338,333 $10,255 6.25%
    50-60% 16 $3,980,000 $248,750 $10,790 6.26%
    41% 16 $5,140,000 $321,250 $8,854 6.30%
    40% 15 $3,905,000 $260,333 $7,203 6.56%
    42% 13 $3,075,000 $236,538 $6,050 6.52%
    46% 13 $4,585,000 $352,692 $8,119 6.42%
    38% 12 $3,830,000 $319,167 $6,949 6.53%
    47% 11 $3,445,000 $313,182 $7,038 6.37%
    37% 9 $2,345,000 $260,556 $6,621 6.68%
    36% 8 $1,960,000 $245,000 $7,167 6.58%
    <20% 2 $1,470,000 $735,000 $13,329 5.99%

    Huntingdon Valley Bank lent most frequently to those with DTI ratios of 30-36%, with 57 originations. The next most common DTI ratio? 44%, with 29 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 186 $57,060,000 $306,774 $7,380 6.46%
    Not provided 74 $21,610,000 $292,027 $6,982 6.56%
    Black 60 $15,390,000 $256,500 $8,256 6.31%
    Not applicable 9 $9,415,000 $1,046,111 $0 8.22%
    Asian 16 $5,630,000 $351,875 $7,538 6.45%
    American Indian 4 $770,000 $192,500 $7,882 6.19%
    Native Hawaiian or Islander 1 $125,000 $125,000 $3,970 6.88%

    Approval Rates

    Total approvals of all applications
    92.69%

    Huntingdon Valley Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.57%

    Huntingdon Valley Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 350 $110,000,000 $314,286

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    350 $110,000,000 $314,286

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 7 $1,335,000 $190,714 $5,297 6.50%
    40-60% 20 $6,490,000 $324,500 $5,813 6.35%
    60-80% 95 $36,175,000 $380,789 $7,794 6.56%
    80-100% 226 $64,310,000 $284,558 $7,515 6.47%
    Over 100% 2 $1,690,000 $845,000 $0 8.88%