Blair Services Of America Mortgage Rates, Fees & InfoBETHPAEG, NY
Tax ID: 11-2998485
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewBlair Services Of America is a smaller mortgage company specializing in loans. Blair Services Of America has a high proportion of conventional loans. They have a a high proportion of FHA loans. Their top markets by origination volume include: New York, Poughkeepsie, and Albany among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)
Blair Services Of America 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. Blair Services Of America is typically a high 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.
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|Simulated Rate||Simulation Date|
|Home Equity Line of Credit (HELOC)||6.43%||3/31/23|
|30 Year Conventional Purchase||6.30%||3/31/23|
|30 Year Conventional Refi||6.50%||3/31/23|
|30 Year Cash-out Refi||6.27%||3/31/23|
|30 Year FHA Purchase||6.91%||3/31/23|
|30 Year FHA Refi||7.10%||3/31/23|
|15 Year Conventional Refi||6.55%||3/31/23|
|15 Year Cash-out Refi||6.55%||3/31/23|
|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.|
Origination Dollar Volume (All Markets)$63,995,000
Blair Services Of America's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.13%.
Relative Fees (Closing Costs)
Blair Services Of America's average total fees/closing costs for a 30 year fixed rate
mortgage were $18,314.
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 $4,750.
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|
|New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA)||115||$63,155,000||$549,174||$18,569||4.88%|
|POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA)||2||$630,000||$315,000||$10,225||4.99%|
|ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA)||2||$210,000||$105,000||$6,652||5.31%|
We use machine learning to identify the top lenders compared against BLAIR SERVICES OF AMERICA based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Blair Services Of America's most frequently originated type of loan was Conventional, with 70 originations. Their 2nd most popular type was FHA, with 48 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Blair Services Of America's most frequently cited loan purpose was Home Purchase, with 106 originations. The 2nd most popular reason was Refi, with 13 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Blair Services Of America's most frequently cited loan duration was 30 Year, with 118 originations. The 2nd most popular length was 15 Year, with 1 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Blair Services Of America's average total fees were $18,314, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 78 originations.
|Loan Rate||Originations||Total Value||Average Loan|
During 2022, Blair Services Of America's average interest rate for loans was 4.89%, while their most frequently originated rate bucket for loans was 4-5%, with 40 originations.
2022 saw Blair Services Of America place emphasis on $400k-600k loans with 76 originations, totaling $40,190,000 in origination value.
Blair Services Of America lent most frequently to those with incomes in the $100k-150k range, with 56 originations. The second most popular income band? $150k-250k, with 32 originations.
Applicant Debt to Income Ratio
Blair Services Of America lent most frequently to those with DTI ratios of 50-60%, with 19 originations. The next most common DTI ratio? 45%, with 9 originations.
|Applicant Ethnicity||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Approval RatesTotal approvals of all applications
Blair Services Of America has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
Blair Services Of America has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
|Points||Originations||Total Value||Average Loan|