First Neighborhood Bank Inc Mortgage Rates, Fees & Info
SPENCER, WVLEI: 549300GG3E9KJST8NW30
Tax ID: 55-0282083
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First Neighborhood Bank Inc is a smaller bank specializing in Home Purchase loans. First Neighborhood Bank Inc has a high proportion of conventional loans. Their top markets by origination volume include: Parkersburg, Charleston, Marietta, Jacksonville, and Hilton Head Island among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)First Neighborhood Bank Inc has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
58Origination Dollar Volume (All Markets)
$11,150,000Top 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 |
|---|---|---|---|---|---|
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 25 | $5,345,000 | $213,800 | $0 | 0.00% |
| CHARLESTON, WV (FHA|USDA|VA) | 10 | $1,190,000 | $119,000 | $0 | 0.00% |
| Outside of Metro Areas | 10 | $1,000,000 | $100,000 | $0 | 0.00% |
| Marietta, OH (FHA|USDA|VA) | 5 | $855,000 | $171,000 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| MORGANTOWN, WV (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| AKRON, OH (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 58 | $11,150,000 | $192,241 | $0 | 0.00% |
For 2023, First Neighborhood Bank Inc's most frequently originated type of loan was Conventional, with 58 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 45 | $9,835,000 | $218,556 | $0 | 0.00% |
| Refi | 10 | $1,050,000 | $105,000 | $0 | 0.00% |
| Other | 3 | $265,000 | $88,333 | $0 | 0.00% |
For 2023, First Neighborhood Bank Inc's most frequently cited loan purpose was Home Purchase, with 45 originations. The 2nd most popular reason was Refi, with 10 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 58 | $11,150,000 | $192,241 | $0 | 0.00% |
For 2023, First Neighborhood Bank Inc's most frequently cited loan duration was Other, with 58 originations.
Loan Sizing
2023 saw First Neighborhood Bank Inc place emphasis on $100k-200k loans with 26 originations, totaling $3,760,000 in origination value.
Applicant Income
First Neighborhood Bank Inc lent most frequently to those with incomes in the $150k-250k range, with 12 originations. The second most popular income band? $100k-150k, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 58 | $11,150,000 | $192,241 | $0 | 0.00% |
First Neighborhood Bank Inc lent most frequently to those with DTI ratios of Exempt%, with 58 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications85.14%
First Neighborhood Bank Inc has an average approval rate.
Pick Rate
Approvals leading to origination91.38%
First Neighborhood Bank Inc has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 58 | $11,150,000 | $192,241 |