Blair Services Of America Mortgage Rates, Fees & Info

BETHPAEG, NY

LEI: 549300GNMONGVTFMXS97

Tax ID: 11-2998485

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Blair Services Of America is a smaller mortgage company specializing in Home Purchase and Refi 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.

    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
    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

    190

    Origination Dollar Volume (All Markets)

    $91,370,000

    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) 185 $89,965,000 $486,297 $10,239 3.21%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 4 $1,230,000 $307,500 $10,509 2.84%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $175,000 $175,000 $8,403 2.88%
    Blair Services Of America's top markets include New York, Poughkeepsie, and Albany among others.

    Their top states include:
  • New York (FHA|USDA|VA)

    • 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.

    The First National Bank of Long Island
    Similarity Rank: 134
    North Jersey Federal Credit Union
    Similarity Rank: 247
    N C P D Federal Credit Union
    Similarity Rank: 482
    MOUNTAIN MORTGAGE CORP.
    Similarity Rank: 538
    ATLANTIS MORTGAGE CO., INC.
    Similarity Rank: 668
    TEG Federal Credit Union
    Similarity Rank: 715
    Hanover Community Bank
    Similarity Rank: 727
    Roselle Bank
    Similarity Rank: 796
    Poli Mortgage Group, Inc.
    Similarity Rank: 1012
    Schuyler Savings Bank
    Similarity Rank: 1083

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 125 $57,755,000 $462,040 $7,488 3.25%
    FHA 65 $33,615,000 $517,154 $15,517 3.11%

    For 2020, Blair Services Of America's most frequently originated type of loan was Conventional, with 125 originations. Their 2nd most popular type was FHA, with 65 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 101 $50,875,000 $503,713 $12,931 3.22%
    Refi 88 $40,060,000 $455,227 $7,099 3.18%
    Cash Out Refi 1 $435,000 $435,000 $13,750 3.25%

    For 2020, Blair Services Of America's most frequently cited loan purpose was Home Purchase, with 101 originations. The 2nd most popular reason was Refi, with 88 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 185 $89,845,000 $485,649 $10,373 3.21%
    15 Year 2 $590,000 $295,000 $3,862 2.50%
    10 Year 1 $285,000 $285,000 $9,175 2.50%
    20 Year 1 $315,000 $315,000 $3,112 3.25%
    Other 1 $335,000 $335,000 $5,639 3.88%

    For 2020, Blair Services Of America's most frequently cited loan duration was 30 Year, with 185 originations. The 2nd most popular length was 15 Year, with 2 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $2k-3k 66 $31,770,000 $481,364
    $<1k 64 $28,540,000 $445,938
    $5k+ 35 $19,095,000 $545,571
    $1k-2k 13 $6,485,000 $498,846
    $4k-5k 7 $3,345,000 $477,857
    $3k-4k 5 $2,135,000 $427,000

    Blair Services Of America's average total fees were $10,373, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 66 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 104 $48,310,000 $464,519
    3-4% 62 $31,310,000 $505,000
    4-5% 16 $8,840,000 $552,500
    <2.5% 8 $2,910,000 $363,750

    During 2020, Blair Services Of America's average interest rate for loans was 3.21%, while their most frequently originated rate bucket for loans was 2.5-3%, with 104 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $400k-600k 122 $58,580,000 $480,164 $9,904 3.18%
    $200k-400k 37 $12,035,000 $325,270 $6,817 3.01%
    $600k-1MM 29 $20,445,000 $705,000 $16,136 3.51%
    $100k-200k 2 $310,000 $155,000 $8,073 3.56%

    2020 saw Blair Services Of America place emphasis on $400k-600k loans with 122 originations, totaling $58,580,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 78 $40,910,000 $524,487 $11,112 3.26%
    $75k-100k 65 $28,575,000 $439,615 $8,717 3.12%
    $150k-250k 23 $12,705,000 $552,391 $13,604 3.30%
    $50k-75k 18 $6,180,000 $343,333 $7,963 3.05%
    $250k+ 3 $1,615,000 $538,333 $8,788 3.79%
    $50k or less 3 $1,385,000 $461,667 $9,549 2.92%

    Blair Services Of America lent most frequently to those with incomes in the $100k-150k range, with 78 originations. The second most popular income band? $75k-100k, with 65 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 31 $13,745,000 $443,387 $7,435 3.10%
    20-30% 20 $8,160,000 $408,000 $8,681 3.14%
    50-60% 20 $9,770,000 $488,500 $14,799 2.99%
    45% 15 $7,745,000 $516,333 $9,276 3.33%
    43% 13 $5,945,000 $457,308 $9,990 3.26%
    38% 12 $5,630,000 $469,167 $9,242 3.20%
    49% 11 $5,635,000 $512,273 $12,357 3.40%
    44% 11 $6,085,000 $553,182 $8,840 3.43%
    48% 9 $4,645,000 $516,111 $12,905 3.36%
    40% 8 $4,410,000 $551,250 $12,242 3.18%
    46% 7 $3,045,000 $435,000 $9,892 3.25%
    47% 6 $2,890,000 $481,667 $9,094 3.52%
    41% 5 $2,425,000 $485,000 $11,864 3.00%
    42% 5 $2,865,000 $573,000 $13,429 3.30%
    39% 5 $2,205,000 $441,000 $8,822 3.03%
    37% 4 $2,040,000 $510,000 $9,519 3.25%
    36% 3 $1,785,000 $595,000 $9,858 3.08%
    >60% 1 $475,000 $475,000 $19,108 3.63%
    <20% 1 $485,000 $485,000 $7,541 2.75%

    Blair Services Of America lent most frequently to those with DTI ratios of 30-36%, with 31 originations. The next most common DTI ratio? 20-30%, with 20 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Asian 128 $61,590,000 $481,172 $9,318 3.15%
    Black 40 $20,010,000 $500,250 $13,026 3.26%
    White 22 $9,770,000 $444,091 $10,495 3.36%

    Approval Rates

    Total approvals of all applications
    92.12%

    Blair Services Of America has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.16%

    Blair Services Of America has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 190 $91,370,000 $480,895

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 190 $91,370,000 $480,895

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 4 $1,170,000 $292,500 $7,287 3.06%
    40-60% 18 $6,440,000 $357,778 $7,115 3.25%
    60-80% 68 $33,670,000 $495,147 $8,037 3.27%
    80-100% 99 $49,955,000 $504,596 $12,456 3.14%
    Under 20% 1 $135,000 $135,000 $7,744 4.25%