Sawyer Savings Bank Mortgage Rates, Fees & Info
Saugerties, NYLEI: 549300J59G4M2OH83E71
Tax ID: 14-1036170
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Mortgage Data
Review & Overview
Sawyer Savings Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Sawyer Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Kingston, Poughkeepsie, Hudson, and Albany among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Sawyer Savings Bank has an 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
88Origination Dollar Volume (All Markets)
$30,910,000Top 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 |
|---|---|---|---|---|---|
| KINGSTON, NY (FHA|USDA|VA) | 54 | $17,430,000 | $322,778 | $0 | 0.00% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 18 | $8,310,000 | $461,667 | $0 | 0.00% |
| Outside of Metro Areas | 10 | $2,490,000 | $249,000 | $0 | 0.00% |
| Hudson, NY (FHA|USDA|VA) | 3 | $1,725,000 | $575,000 | $0 | 0.00% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 3 | $955,000 | $318,333 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 88 | $30,910,000 | $351,250 | $0 | 0.00% |
For 2023, Sawyer Savings Bank's most frequently originated type of loan was Conventional, with 88 originations.
Loan Reason
For 2023, Sawyer Savings Bank's most frequently cited loan purpose was Home Purchase, with 45 originations. The 2nd most popular reason was Cash Out Refi, with 35 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 88 | $30,910,000 | $351,250 | $0 | 0.00% |
For 2023, Sawyer Savings Bank's most frequently cited loan duration was Other, with 88 originations.
Loan Sizing
2023 saw Sawyer Savings Bank place emphasis on $200k-400k loans with 35 originations, totaling $10,055,000 in origination value.
Applicant Income
Sawyer Savings Bank lent most frequently to those with incomes in the $150k-250k range, with 18 originations. The second most popular income band? $100k-150k, with 17 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 88 | $30,910,000 | $351,250 | $0 | 0.00% |
Sawyer Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 88 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.92%
Sawyer Savings Bank has an average approval rate.
Pick Rate
Approvals leading to origination79.55%
Sawyer Savings Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 88 | $30,910,000 | $351,250 |