Haddon Savings Bank Mortgage Rates, Fees & Info
Haddon Heights, NJLEI: 549300IE8IEY5YINFE12
Tax ID: 21-0468823
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Haddon Savings Bank is a smaller bank specializing in Refi and Home Purchase loans. Haddon Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Philadelphia, Ocean City, and Vineland among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)Haddon Savings Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
94Origination Dollar Volume (All Markets)
$16,950,000Top 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 |
|---|---|---|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 90 | $15,480,000 | $172,000 | $0 | 0.00% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 3 | $1,195,000 | $398,333 | $0 | 0.00% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
Their top states include:
Similar Lenders
We use machine learning to identify the top lenders compared against Haddon Savings Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 94 | $16,950,000 | $180,319 | $0 | 0.00% |
For 2024, Haddon Savings Bank's most frequently originated type of loan was Conventional, with 94 originations.
Loan Reason
For 2024, Haddon Savings Bank's most frequently cited loan purpose was Refi, with 37 originations. The 2nd most popular reason was Home Improvement, with 23 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 94 | $16,950,000 | $180,319 | $0 | 0.00% |
For 2024, Haddon Savings Bank's most frequently cited loan duration was Other, with 94 originations.
Loan Sizing
2024 saw Haddon Savings Bank place emphasis on $100,000 or less loans with 52 originations, totaling $2,700,000 in origination value.
Applicant Income
Haddon Savings Bank lent most frequently to those with incomes in the $250k+ range, with 19 originations. The second most popular income band? $150k-250k, with 18 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 94 | $16,950,000 | $180,319 | $0 | 0.00% |
Haddon Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 94 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.03%
Haddon Savings Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination95.74%
Haddon Savings Bank has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 94 | $16,950,000 | $180,319 |