Cattaraugus County Bank Mortgage Rates, Fees & Info

Little Valley, NY

LEI: 549300JEHXW73XYX6533

Tax ID: 16-0377180

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

    Cattaraugus County Bank is a smaller bank specializing in Home Purchase, Refi, and Cash Out Refi loans. Cattaraugus County Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Jamestown, Buffalo, Olean, Youngstown, and Rochester among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Cattaraugus County 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.

    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

    96

    Origination Dollar Volume (All Markets)

    $25,760,000

    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
    Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 43 $9,035,000 $210,116 $0 0.00%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 14 $7,960,000 $568,571 $0 0.00%
    Olean, NY (FHA|USDA|VA) 34 $4,560,000 $134,118 $0 0.00%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $1,720,000 $860,000 $0 0.00%
    Outside of Metro Areas 2 $1,690,000 $845,000 $0 0.00%
    ROCHESTER, NY (FHA|USDA|VA) 1 $795,000 $795,000 $0 0.00%
    Cattaraugus County Bank's top markets include Jamestown, Buffalo, Olean, Youngstown, and Rochester among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 95 $25,715,000 $270,684 $0 0.00%
    USDA 1 $45,000 $45,000 $0 0.00%

    For 2022, Cattaraugus County Bank's most frequently originated type of loan was Conventional, with 95 originations. Their 2nd most popular type was USDA, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 47 $11,485,000 $244,362 $0 0.00%
    Refi 23 $5,745,000 $249,783 $0 0.00%
    Other 19 $1,605,000 $84,474 $0 0.00%
    Cash Out Refi 7 $6,925,000 $989,286 $0 0.00%

    For 2022, Cattaraugus County Bank's most frequently cited loan purpose was Home Purchase, with 47 originations. The 2nd most popular reason was Refi, with 23 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 96 $25,760,000 $268,333 $0 0.00%

    For 2022, Cattaraugus County Bank's most frequently cited loan duration was Other, with 96 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 34 $5,030,000 $147,941 $0 0.00%
    $100,000 or less 32 $1,910,000 $59,688 $0 0.00%
    $200k-400k 15 $3,905,000 $260,333 $0 0.00%
    $600k-1MM 7 $4,985,000 $712,143 $0 0.00%
    $1MM+ 4 $7,780,000 $1,945,000 $0 0.00%
    $400k-600k 4 $2,150,000 $537,500 $0 0.00%

    2022 saw Cattaraugus County Bank place emphasis on $100k-200k loans with 34 originations, totaling $5,030,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 18 $2,230,000 $123,889 $0 0.00%
    $250k+ 16 $6,160,000 $385,000 $0 0.00%
    $100k-150k 13 $1,465,000 $112,692 $0 0.00%
    $50k-75k 12 $1,200,000 $100,000 $0 0.00%
    $150k-250k 11 $2,245,000 $204,091 $0 0.00%
    $50k or less 5 $325,000 $65,000 $0 0.00%

    Cattaraugus County Bank lent most frequently to those with incomes in the $75k-100k range, with 18 originations. The second most popular income band? $250k+, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 96 $25,760,000 $268,333 $0 0.00%

    Cattaraugus County Bank lent most frequently to those with DTI ratios of Exempt%, with 96 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 77 $13,845,000 $179,805 $0 0.00%
    Not applicable 19 $11,915,000 $627,105 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.10%

    Cattaraugus County Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.38%

    Cattaraugus County Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 96 $25,760,000 $268,333

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    96 $25,760,000 $268,333