Williamstown Bank Inc Mortgage Rates, Fees & Info

Williamstown, WV

LEI: 549300JDJ660YLLPS872

Tax ID: 55-0168391

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
  • 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

    Williamstown Bank Inc is a smaller bank specializing in Home Purchase loans. Williamstown Bank Inc has a high proportion of conventional loans. Their top markets by origination volume include: Parkersburg, Marietta, Charleston, Athens, and Zanesville among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Williamstown Bank Inc 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

    63

    Origination Dollar Volume (All Markets)

    $9,995,000

    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
    PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 45 $6,865,000 $152,556 $0 0.00%
    Marietta, OH (FHA|USDA|VA) 10 $1,190,000 $119,000 $0 0.00%
    Outside of Metro Areas 3 $875,000 $291,667 $0 0.00%
    CHARLESTON, WV (FHA|USDA|VA) 3 $785,000 $261,667 $0 0.00%
    Athens, OH (FHA|USDA|VA) 1 $245,000 $245,000 $0 0.00%
    Zanesville, OH (FHA|USDA|VA) 1 $35,000 $35,000 $0 0.00%
    Williamstown Bank Inc's top markets include Parkersburg, Marietta, Charleston, Athens, and Zanesville among others.

    Their top states include:
  • West Virginia (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 63 $9,995,000 $158,651 $0 0.00%

    For 2023, Williamstown Bank Inc's most frequently originated type of loan was Conventional, with 63 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 34 $6,870,000 $202,059 $0 0.00%
    Refi 20 $1,990,000 $99,500 $0 0.00%
    Other 5 $535,000 $107,000 $0 0.00%
    Home Improvement 4 $600,000 $150,000 $0 0.00%

    For 2023, Williamstown Bank Inc's most frequently cited loan purpose was Home Purchase, with 34 originations. The 2nd most popular reason was Refi, with 20 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 63 $9,995,000 $158,651 $0 0.00%

    For 2023, Williamstown Bank Inc's most frequently cited loan duration was Other, with 63 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 27 $1,635,000 $60,556 $0 0.00%
    $100k-200k 24 $3,440,000 $143,333 $0 0.00%
    $200k-400k 6 $1,540,000 $256,667 $0 0.00%
    $400k-600k 4 $1,960,000 $490,000 $0 0.00%
    $600k-1MM 2 $1,420,000 $710,000 $0 0.00%

    2023 saw Williamstown Bank Inc place emphasis on $100,000 or less loans with 27 originations, totaling $1,635,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 13 $2,245,000 $172,692 $0 0.00%
    $75k-100k 10 $1,660,000 $166,000 $0 0.00%
    $50k-75k 9 $1,075,000 $119,444 $0 0.00%
    $50k or less 8 $680,000 $85,000 $0 0.00%
    $150k-250k 7 $1,645,000 $235,000 $0 0.00%
    $250k+ 5 $965,000 $193,000 $0 0.00%

    Williamstown Bank Inc lent most frequently to those with incomes in the $100k-150k range, with 13 originations. The second most popular income band? $75k-100k, with 10 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 63 $9,995,000 $158,651 $0 0.00%

    Williamstown Bank Inc lent most frequently to those with DTI ratios of Exempt%, with 63 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 43 $6,555,000 $152,442 $0 0.00%
    Not applicable 12 $1,960,000 $163,333 $0 0.00%
    Not provided 8 $1,480,000 $185,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    93.98%

    Williamstown Bank Inc has an average approval rate.

    Pick Rate

    Approvals leading to origination
    76.19%

    Williamstown Bank Inc has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 63 $9,995,000 $158,651

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    63 $9,995,000 $158,651