Williamstown Bank Inc Mortgage Rates, Fees & Info
Williamstown, WVLEI: 549300JDJ660YLLPS872
Tax ID: 55-0168391
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Mortgage Data
Review & Overview
Williamstown Bank Inc is a smaller bank specializing in Home Purchase and Refi loans. Williamstown Bank Inc has a high proportion of conventional loans. Their top markets by origination volume include: Parkersburg, Marietta, Athens, and Clarksburg among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Williamstown Bank Inc has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
78Origination Dollar Volume (All Markets)
$10,630,000Top 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 |
|---|---|---|---|---|---|
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 55 | $7,095,000 | $129,000 | $0 | 0.00% |
| Marietta, OH (FHA|USDA|VA) | 12 | $1,730,000 | $144,167 | $0 | 0.00% |
| Outside of Metro Areas | 8 | $1,460,000 | $182,500 | $0 | 0.00% |
| Athens, OH (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 0.00% |
| Clarksburg, WV (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 78 | $10,630,000 | $136,282 | $0 | 0.00% |
For 2019, Williamstown Bank Inc's most frequently originated type of loan was Conventional, with 78 originations.
Loan Reason
For 2019, Williamstown Bank Inc's most frequently cited loan purpose was Home Purchase, with 42 originations. The 2nd most popular reason was Refi, with 29 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 78 | $10,630,000 | $136,282 | $0 | 0.00% |
For 2019, Williamstown Bank Inc's most frequently cited loan duration was Other, with 78 originations.
Loan Sizing
2019 saw Williamstown Bank Inc place emphasis on $100,000 or less loans with 39 originations, totaling $2,305,000 in origination value.
Applicant Income
Williamstown Bank Inc lent most frequently to those with incomes in the $50k or less range, with 23 originations. The second most popular income band? $50k-75k, with 17 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 78 | $10,630,000 | $136,282 | $0 | 0.00% |
Williamstown Bank Inc lent most frequently to those with DTI ratios of Exempt%, with 78 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.54%
Williamstown Bank Inc has an average approval rate.
Pick Rate
Approvals leading to origination91.03%
Williamstown Bank Inc has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 78 | $10,630,000 | $136,282 |