Blair Services Of America Mortgage Rates, Fees & Info
BETHPAEG, NYLEI: 549300GNMONGVTFMXS97
Tax ID: 11-2998485
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Blair Services Of America is a smaller mortgage company specializing in Home Purchase loans. They have a a high proportion of FHA loans. Blair Services Of America has a high proportion of conventional 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 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 |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.43% | 11/17/24 |
| 30 Year Conventional Purchase | 6.30% | 11/17/24 |
| 30 Year Conventional Refi | 6.50% | 11/17/24 |
| 30 Year Cash-out Refi | 6.27% | 11/17/24 |
| 30 Year FHA Purchase | 6.91% | 11/17/24 |
| 30 Year FHA Refi | 7.10% | 11/17/24 |
| 15 Year Conventional Refi | 6.55% | 11/17/24 |
| 15 Year Cash-out Refi | 6.55% | 11/17/24 |
| 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. | ||
Blair Services Of America Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Blair Services Of America. 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
77Origination Dollar Volume (All Markets)
$43,395,000Relative Rate
Blair Services Of America's average 30 year fixed mortgage rate was
6.44%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of -0.04%.
Relative Fees (Closing Costs)
Blair Services Of America's average total fees/closing costs for a 30 year fixed rate
mortgage were $20,758.
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 |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 72 | $41,600,000 | $577,778 | $20,881 | 6.42% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 4 | $1,550,000 | $387,500 | $18,507 | 6.62% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,727 | 6.63% |
Similar Lenders
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.
Similarity Rank: 126
Similarity Rank: 156
Similarity Rank: 158
Similarity Rank: 168
Similarity Rank: 188
Similarity Rank: 207
Similarity Rank: 209
Similarity Rank: 267
Similarity Rank: 351
Similarity Rank: 442
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| FHA | 46 | $27,210,000 | $591,522 | $24,130 | 6.36% |
| Conventional | 30 | $15,300,000 | $510,000 | $15,145 | 6.54% |
| HELOC | 1 | $885,000 | $885,000 | n/a | 6.88% |
For 2023, Blair Services Of America's most frequently originated type of loan was FHA, with 46 originations. Their 2nd most popular type was Conventional, with 30 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 71 | $40,575,000 | $571,479 | $20,382 | 6.42% |
| Refi | 6 | $2,820,000 | $470,000 | $22,928 | 6.58% |
For 2023, Blair Services Of America's most frequently cited loan purpose was Home Purchase, with 71 originations. The 2nd most popular reason was Refi, with 6 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 76 | $43,220,000 | $568,684 | $20,758 | 6.44% |
| 20 Year | 1 | $175,000 | $175,000 | $7,461 | 5.99% |
For 2023, Blair Services Of America's most frequently cited loan duration was 30 Year, with 76 originations. The 2nd most popular length was 20 Year, with 1 originations.
Origination Fees/Closing Costs
Blair Services Of America's average total fees were $20,758, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 58 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 48 | $26,580,000 | $553,750 |
| 5-6% | 20 | $11,800,000 | $590,000 |
| 7-8% | 9 | $5,015,000 | $557,222 |
During 2023, Blair Services Of America's average interest rate for loans was 6.44%, while their most frequently originated rate bucket for loans was 6-7%, with 48 originations.
Loan Sizing
2023 saw Blair Services Of America place emphasis on $400k-600k loans with 39 originations, totaling $20,065,000 in origination value.
Applicant Income
Blair Services Of America lent most frequently to those with incomes in the $100k-150k range, with 35 originations. The second most popular income band? $150k-250k, with 35 originations.
Applicant Debt to Income Ratio
Blair Services Of America lent most frequently to those with DTI ratios of 50-60%, with 16 originations. The next most common DTI ratio? 49%, with 9 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.88%
Blair Services Of America has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination83.12%
Blair Services Of America has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 77 | $43,395,000 | $563,571 |