Bedford Loan & Deposit Bank Mortgage Rates, Fees & Info
Bedford, KYLEI: 549300GXRG31CBWWTR70
Tax ID: 61-0130310
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Bedford Loan & Deposit Bank is a smaller bank specializing in Home Purchase loans. Bedford Loan & Deposit Bank has a high proportion of conventional loans. Their top markets by origination volume include: Louisville, Madison, and Cincinnati among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Bedford Loan & Deposit 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.
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Originations
45Origination Dollar Volume (All Markets)
$4,465,000Top Markets
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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 |
|---|---|---|---|---|---|
| LOUISVILLE, KY (FHA|USDA|VA) | 19 | $2,505,000 | $131,842 | $0 | 0.00% |
| Outside of Metro Areas | 22 | $1,470,000 | $66,818 | $0 | 0.00% |
| Madison, IN (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 45 | $4,465,000 | $99,222 | $0 | 0.00% |
For 2024, Bedford Loan & Deposit Bank's most frequently originated type of loan was Conventional, with 45 originations.
Loan Reason
For 2024, Bedford Loan & Deposit Bank's most frequently cited loan purpose was Home Purchase, with 21 originations. The 2nd most popular reason was Other, with 11 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 45 | $4,465,000 | $99,222 | $0 | 0.00% |
For 2024, Bedford Loan & Deposit Bank's most frequently cited loan duration was Other, with 45 originations.
Loan Sizing
2024 saw Bedford Loan & Deposit Bank place emphasis on $100,000 or less loans with 31 originations, totaling $1,425,000 in origination value.
Applicant Income
Bedford Loan & Deposit Bank lent most frequently to those with incomes in the $50k-75k range, with 12 originations. The second most popular income band? $50k or less, with 9 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 45 | $4,465,000 | $99,222 | $0 | 0.00% |
Bedford Loan & Deposit Bank lent most frequently to those with DTI ratios of Exempt%, with 45 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 40 | $3,510,000 | $87,750 | $0 | 0.00% |
| Not applicable | 4 | $910,000 | $227,500 | $0 | 0.00% |
| Black | 1 | $45,000 | $45,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications93.22%
Bedford Loan & Deposit Bank has an average approval rate.
Pick Rate
Approvals leading to origination77.78%
Bedford Loan & Deposit Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 45 | $4,465,000 | $99,222 |