Huntingdon Valley Bank Mortgage Rates, Fees & Info

Huntingdon Valley, PA

LEI: 549300G36820CW642I52

Tax ID: 23-0718025

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Mortgage Data

Bank 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, Allentown, and Reading 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 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.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.79% 3/28/24
30 Year Conventional Refi 6.59% 3/28/24
30 Year Cash-out Refi 6.99% 3/28/24
30 Year FHA Purchase 7.54% 3/28/24
30 Year FHA Refi 6.84% 3/28/24
30 Year VA Purchase 6.47% 3/28/24
30 Year VA Refi 6.28% 3/28/24
30 Year USDA Purchase 6.69% 3/28/24
15 Year Conventional Purchase 5.93% 3/28/24
15 Year Conventional Refi 6.21% 3/28/24
15 Year Cash-out Refi 6.21% 3/28/24
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

838

Origination Dollar Volume (All Markets)

$235,980,000

Employee count

72

Awards

Huntingdon Valley Bank FHA Loans bronze Huntingdon Valley Bank USDA Loans gold
Show all (2) 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
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 771 $212,335,000 $275,402 $5,354 4.59%
OCEAN CITY, NJ (FHA|USDA|VA) 13 $6,915,000 $531,923 $5,179 4.63%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 9 $4,785,000 $531,667 $5,507 4.17%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 16 $3,810,000 $238,125 $5,028 4.45%
READING, PA (FHA|USDA|VA) 10 $2,250,000 $225,000 $5,271 4.58%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 6 $1,930,000 $321,667 $3,660 4.63%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $1,130,000 $565,000 $5,845 4.44%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $735,000 $735,000 $4,474 3.88%
SALISBURY, MD-DE (FHA|USDA|VA) 2 $620,000 $310,000 $3,477 4.38%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $580,000 $290,000 $6,469 4.44%
Sayre, PA (FHA|USDA|VA) 1 $185,000 $185,000 $3,913 5.25%
PITTSBURGH, PA (FHA|USDA|VA) 1 $185,000 $185,000 $3,400 5.75%
Pottsville, PA (FHA|USDA|VA) 1 $155,000 $155,000 $6,911 3.88%
LEBANON, PA (FHA|USDA|VA) 1 $145,000 $145,000 $3,376 4.25%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $135,000 $135,000 $3,343 4.88%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $85,000 $85,000 $3,201 4.88%
Huntingdon Valley Bank's top markets include Philadelphia, Ocean City, New York, Allentown, and Reading among others.

Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Delaware (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 613 $194,325,000 $317,007 $4,732 4.55%
    FHA 201 $36,065,000 $179,428 $6,899 4.69%
    VA 13 $3,495,000 $268,846 $7,899 4.63%
    USDA 11 $2,095,000 $190,455 $5,790 4.22%

    For 2018, Huntingdon Valley Bank's most frequently originated type of loan was Conventional, with 613 originations. Their 2nd most popular type was FHA, with 201 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 764 $215,340,000 $281,859 $5,401 4.57%
    Cash Out Refi 38 $10,070,000 $265,000 $4,167 4.86%
    Refi 27 $8,615,000 $319,074 $5,126 4.37%
    Home Improvement 6 $1,080,000 $180,000 $3,567 4.90%
    Other 3 $875,000 $291,667 $3,333 5.50%

    For 2018, Huntingdon Valley Bank's most frequently cited loan purpose was Home Purchase, with 764 originations. The 2nd most popular reason was Cash Out Refi, with 38 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 797 $226,475,000 $284,159 $5,368 4.58%
    15 Year 20 $3,910,000 $195,500 $4,116 4.16%
    20 Year 7 $1,285,000 $183,571 $3,947 5.07%
    Other 7 $1,495,000 $213,571 $5,136 5.53%
    30+ year 5 $2,305,000 $461,000 $5,157 4.40%
    10 Year 2 $510,000 $255,000 $3,638 3.94%

    For 2018, Huntingdon Valley Bank's most frequently cited loan duration was 30 Year, with 797 originations. The 2nd most popular length was 15 Year, with 20 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 551 $134,435,000 $243,984
    $<1k 205 $73,485,000 $358,463
    $2k-3k 47 $15,045,000 $320,106
    $3k-4k 15 $6,275,000 $418,333
    $4k-5k 7 $2,395,000 $342,143
    $5k+ 5 $2,685,000 $537,000

    Huntingdon Valley Bank's average total fees were $5,368, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 551 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 593 $153,295,000 $258,508
    3-4% 138 $58,780,000 $425,942
    5-6% 105 $23,765,000 $226,333
    6-7% 1 $35,000 $35,000
    7-8% 1 $105,000 $105,000

    During 2018, Huntingdon Valley Bank's average interest rate for loans was 4.58%, while their most frequently originated rate bucket for loans was 4-5%, with 593 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 336 $92,500,000 $275,298 $5,565 4.66%
    $100k-200k 296 $45,710,000 $154,426 $4,777 4.68%
    $400k-600k 107 $53,045,000 $495,748 $5,712 4.23%
    $100,000 or less 48 $3,730,000 $77,708 $4,005 4.87%
    $600k-1MM 44 $31,070,000 $706,136 $6,728 3.98%
    $1MM+ 7 $9,925,000 $1,417,857 $10,183 3.95%

    2018 saw Huntingdon Valley Bank place emphasis on $200k-400k loans with 336 originations, totaling $92,500,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 191 $36,265,000 $189,869 $5,261 4.61%
    $100k-150k 165 $48,365,000 $293,121 $5,555 4.66%
    $75k-100k 138 $30,680,000 $222,319 $5,099 4.66%
    $50k or less 134 $17,420,000 $130,000 $4,796 4.69%
    $150k-250k 117 $48,765,000 $416,795 $5,521 4.48%
    $250k+ 85 $52,765,000 $620,765 $6,033 4.17%

    Huntingdon Valley Bank lent most frequently to those with incomes in the $50k-75k range, with 191 originations. The second most popular income band? $100k-150k, with 165 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 175 $47,795,000 $273,114 $5,312 4.59%
    20-30% 162 $53,080,000 $327,654 $4,992 4.49%
    42% 57 $15,745,000 $276,228 $5,460 4.61%
    41% 39 $12,635,000 $323,974 $5,389 4.50%
    <20% 37 $10,655,000 $287,973 $4,631 4.35%
    45% 37 $8,195,000 $221,486 $5,139 4.73%
    40% 36 $10,900,000 $302,778 $4,984 4.41%
    43% 34 $8,340,000 $245,294 $5,547 4.53%
    44% 33 $7,525,000 $228,030 $6,023 4.72%
    38% 32 $8,200,000 $256,250 $5,574 4.60%
    39% 30 $9,030,000 $301,000 $5,667 4.62%
    37% 27 $9,245,000 $342,407 $5,494 4.53%
    36% 26 $6,460,000 $248,462 $5,721 4.59%
    47% 26 $5,340,000 $205,385 $5,158 4.74%
    46% 24 $5,080,000 $211,667 $5,659 4.69%
    49% 22 $6,480,000 $294,545 $5,279 4.75%
    48% 21 $4,615,000 $219,762 $5,479 4.85%
    50-60% 13 $3,435,000 $264,231 $6,388 4.70%
    >60% 2 $390,000 $195,000 $3,567 5.63%

    Huntingdon Valley Bank lent most frequently to those with DTI ratios of 30-36%, with 175 originations. The next most common DTI ratio? 20-30%, with 162 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 581 $172,365,000 $296,670 $5,332 4.57%
    Not provided 113 $36,765,000 $325,354 $4,928 4.44%
    Black 113 $17,205,000 $152,257 $5,585 4.78%
    Asian 26 $8,940,000 $343,846 $5,648 4.36%
    Not applicable 4 $670,000 $167,500 $0 5.69%
    American Indian 1 $35,000 $35,000 $0 6.24%

    Approval Rates

    Total approvals of all applications
    96.05%

    Huntingdon Valley Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    89.50%

    Huntingdon Valley Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    1215.66 1 $155,000 $155,000
    NA 837 $235,825,000 $281,750

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 838 $235,980,000 $281,599

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 8 $1,470,000 $183,750 $3,520 4.56%
    40-60% 36 $9,090,000 $252,500 $4,166 4.47%
    60-80% 218 $74,200,000 $340,367 $4,841 4.51%
    80-100% 564 $148,870,000 $263,954 $5,603 4.60%
    Over 100% 5 $1,155,000 $231,000 $7,787 4.68%
    Under 20% 5 $775,000 $155,000 $2,305 5.77%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    HUNTINGTON NATIONAL BANK, THE Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 2.4%
    HUNTINGTON NATIONAL BANK, THE Conventional home mortgage Closing on a mortgage 2 4.9%
    HUNTINGTON NATIONAL BANK, THE Conventional home mortgage Struggling to pay mortgage 4 9.8%
    HUNTINGTON NATIONAL BANK, THE Conventional home mortgage Trouble during payment process 13 31.7%
    HUNTINGTON NATIONAL BANK, THE FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 2.4%
    HUNTINGTON NATIONAL BANK, THE FHA mortgage Trouble during payment process 3 7.3%
    HUNTINGTON NATIONAL BANK, THE Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 2 4.9%
    HUNTINGTON NATIONAL BANK, THE Home equity loan or line of credit (HELOC) Struggling to pay mortgage 1 2.4%
    HUNTINGTON NATIONAL BANK, THE Home equity loan or line of credit (HELOC) Trouble during payment process 5 12.2%
    HUNTINGTON NATIONAL BANK, THE Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 2.4%
    HUNTINGTON NATIONAL BANK, THE Other type of mortgage Trouble during payment process 7 17.1%
    HUNTINGTON NATIONAL BANK, THE VA mortgage Closing on a mortgage 1 2.4%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Huntingdon Valley Bank 1990 County Line Road Huntingdon Valley, PA 19006 Full Service B&M $39,351
    Huntingdon Valley Bank 2617 Huntingdon Pike Huntingdon Valley, PA 19006 Full Service B&M $131,851
    Huntingdon Valley Bank 5725 Easton Road Pipersville, PA 18947 Full Service B&M $22,961
    Huntingdon Valley Bank 610 Easton Road Warrington, PA 18976 Full Service B&M $42,796
    Huntingdon Valley Bank 8580 Verree Rd Philadelphia, PA 19111 Full Service B&M $1,571

    For 2018, Huntingdon Valley Bank had 5 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $9,599
    Net interest income $7,414
    Total noninterest income $3,726
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $72
    Trading account gains and fees $0
    Additional Noninterest Income $3,654
    Pre-tax net operating income $998
    Securities gains (or losses, -) $1
    Income before extraordinary items $826
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $826
    Minority interest net income $0
    Net income $826
    Sale, conversion, retirement of capital stock, net $114
    Net operating income $825

    Huntingdon Valley Bank's gross interest income from loans was $9,599,000.
    Huntingdon Valley Bank's net interest income from loans was $7,414,000.
    Huntingdon Valley Bank's fee based income from loans was $72,000.
    Huntingdon Valley Bank's net income from loans was $826,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,185
    Provision for credit losses $270
    Total noninterest expense $9,872
    Salaries and employee benefits $5,444
    Premises and equipment expense $1,095
    Additional noninterest expense $3,333
    Applicable income taxes $173
    Net charge-offs $-2
    Cash dividends $0

    Huntingdon Valley Bank's interest expense for loans was $2,185,000.
    Huntingdon Valley Bank's payroll and benefits expense were $5,444,000.
    Huntingdon Valley Bank's property, plant and equipment expenses $1,095,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 1.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 4.0%
    Credit card loans 0.0%
    Other individual loans 4.0%
    Auto loans 0.0%
    Other consumer loans 4.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $276,326
    Deposits held in domestic offices $276,326
    Deposits by Individuals, partnerships, and corporations $255,487
    Deposits by U.S. Government $22
    Deposits by States and political subdivisions in the U.S. $19,591
    Deposits by Commercial banks and other depository institutions in U.S. $1,226
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $140,240
    Demand deposits $140,240
    Nontransaction accounts $136,086
    Money market deposit accounts (MMDAs) $33,002
    Other savings deposits (excluding MMDAs) $29,831
    Total time deposits $73,253
    Total time and savings deposits $136,086
    Noninterest-bearing deposits $31,534
    Interest-bearing deposits $244,792
    Retail deposits $241,067
    IRAs and Keogh plan accounts $6,084
    Brokered deposits $29,020
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $314,857
    Cash & Balances due from depository institutions $22,275
    Interest-bearing balances $20,903
    Total securities $34,215
    Federal funds sold & reverse repurchase $0
    Net loans and leases $247,258
    Loan and leases loss allowance $956
    Trading account assets $0
    Bank premises and fixed assets $2,026
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $9,083

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $314,857
    Total Liabilities $290,129
    Total deposits $276,326
    Interest-bearing deposits $244,792
    Deposits held in domestic offices $276,326
    % insured (estimated) $86
    Federal funds purchased and repurchase agreements $2,463
    Trading liabilities $0
    Other borrowed funds $10,000
    Subordinated debt $0
    All other liabilities $1,340

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $247,258
    Loan and leases loss allowance $956
    Total loans and leases (domestic) $248,214
    All real estate loans $237,353
    Real estate loans in domestic offices $237,353
    Construction and development loans $2,307
    Residential 1-4 family construction $1,742
    Other construction, all land development and other land $565
    Loans secured by nonfarm nonresidential properties $7,989
    Nonfarm nonresidential secured by owner-occupied properties $3,716
    Commercial real estate & other non-farm, non-residential $4,273
    Multifamily residential real estate $76
    1-4 family residential loans $226,981
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $3,302
    To non-U.S. addressees $0
    Loans to individuals $7,104
    Credit card loans $0
    Related Plans $52
    Consumer Auto Loans $0
    Other loans to individuals $7,052
    All other loans & leases $525
    Loans to foreign governments and official institutions $0
    Other loans $0
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Huntingdon Valley Bank had $247,258,000 of loans outstanding in 2018. $237,353,000 of loans were in real estate loans. $2,307,000 of loans were in development loans. $76,000 of loans were in multifamily mortgage loans. $226,981,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 13 $4,282 $329,385
    Nonfarm, nonresidential loans - $100-250k 3 $281 $93,667
    Nonfarm, nonresidential loans - $250k-1MM 10 $4,001 $400,100
    Commercial & Industrial, US addressed loans - <$1MM 11 $540 $49,091
    Commercial & Industrial, US addressed loans - <$100k 4 $12 $3,000
    Commercial & Industrial, US addressed loans - $100-250k 4 $386 $96,500
    Commercial & Industrial, US addressed loans - $250k-1MM 3 $142 $47,333