Haddon Savings Bank Mortgage Rates, Fees & Info

Haddon Heights, NJ

LEI: 549300IE8IEY5YINFE12

Tax ID: 21-0468823

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

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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

    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, Atlantic City, and Ocean City 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 a below average pick rate when compared to similar lenders.

    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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    Originations

    184

    Origination Dollar Volume (All Markets)

    $27,400,000

    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
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 176 $25,720,000 $146,136 $0 0.00%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 6 $1,280,000 $213,333 $0 0.00%
    OCEAN CITY, NJ (FHA|USDA|VA) 2 $400,000 $200,000 $0 0.00%
    Haddon Savings Bank's top markets include Philadelphia, Atlantic City, and Ocean City among others.

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

    • 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.

    Malvern Bank N.A.
    Similarity Rank: 441
    Penn Community Bank
    Similarity Rank: 572
    Investors Bank
    Similarity Rank: 630
    Columbia Bank
    Similarity Rank: 676
    Dover Federal Credit Union
    Similarity Rank: 756
    FEDERATED LENDING CORPORATION
    Similarity Rank: 880
    DEL-ONE FEDERAL CREDIT UNION
    Similarity Rank: 965
    BENCHMARK Federal Credit Union
    Similarity Rank: 1394
    Diamond Credit Union
    Similarity Rank: 1410
    SOUTH JERSEY
    Similarity Rank: 1503

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 184 $27,400,000 $148,913 $0 0.00%

    For 2022, Haddon Savings Bank's most frequently originated type of loan was Conventional, with 184 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 66 $11,980,000 $181,515 $0 0.00%
    Home Improvement 54 $3,440,000 $63,704 $0 0.00%
    Home Purchase 43 $10,665,000 $248,023 $0 0.00%
    Other 21 $1,315,000 $62,619 $0 0.00%

    For 2022, Haddon Savings Bank's most frequently cited loan purpose was Refi, with 66 originations. The 2nd most popular reason was Home Improvement, with 54 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 184 $27,400,000 $148,913 $0 0.00%

    For 2022, Haddon Savings Bank's most frequently cited loan duration was Other, with 184 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 82 $3,730,000 $45,488 $0 0.00%
    $200k-400k 47 $12,955,000 $275,638 $0 0.00%
    $100k-200k 46 $6,380,000 $138,696 $0 0.00%
    $400k-600k 9 $4,335,000 $481,667 $0 0.00%

    2022 saw Haddon Savings Bank place emphasis on $100,000 or less loans with 82 originations, totaling $3,730,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 56 $9,900,000 $176,786 $0 0.00%
    $100k-150k 50 $7,040,000 $140,800 $0 0.00%
    $50k-75k 30 $2,740,000 $91,333 $0 0.00%
    $75k-100k 20 $1,890,000 $94,500 $0 0.00%
    $250k+ 14 $3,930,000 $280,714 $0 0.00%
    $50k or less 9 $645,000 $71,667 $0 0.00%

    Haddon Savings Bank lent most frequently to those with incomes in the $150k-250k range, with 56 originations. The second most popular income band? $100k-150k, with 50 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 184 $27,400,000 $148,913 $0 0.00%

    Haddon Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 184 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 157 $21,675,000 $138,057 $0 0.00%
    Not provided 10 $1,960,000 $196,000 $0 0.00%
    American Indian 8 $1,780,000 $222,500 $0 0.00%
    Not applicable 2 $750,000 $375,000 $0 0.00%
    Black 4 $700,000 $175,000 $0 0.00%
    Native Hawaiian or Islander 1 $275,000 $275,000 $0 0.00%
    Asian 2 $260,000 $130,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.91%

    Haddon Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.59%

    Haddon Savings Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 184 $27,400,000 $148,913

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    184 $27,400,000 $148,913