Ambler Savings Bank Mortgage Rates, Fees & Info
Ambler, PALEI: 549300JH5DMYH0O5TM77
Tax ID: 23-0341550
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Mortgage Data
Review & Overview
Ambler Savings Bank is a smaller bank specializing in Home Purchase and Refi loans. Ambler Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Philadelphia, Reading, Allentown, and East Stroudsburg among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Ambler Savings Bank 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
88Origination Dollar Volume (All Markets)
$27,630,000Top 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 |
|---|---|---|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 76 | $25,400,000 | $334,211 | $0 | 0.00% |
| READING, PA (FHA|USDA|VA) | 9 | $1,045,000 | $116,111 | $0 | 0.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $1,000,000 | $500,000 | $0 | 0.00% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 88 | $27,630,000 | $313,977 | $0 | 0.00% |
For 2023, Ambler Savings Bank's most frequently originated type of loan was Conventional, with 88 originations.
Loan Reason
For 2023, Ambler Savings Bank's most frequently cited loan purpose was Other, with 38 originations. The 2nd most popular reason was Home Purchase, with 25 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 88 | $27,630,000 | $313,977 | $0 | 0.00% |
For 2023, Ambler Savings Bank's most frequently cited loan duration was Other, with 88 originations.
Loan Sizing
2023 saw Ambler Savings Bank place emphasis on $100,000 or less loans with 34 originations, totaling $1,900,000 in origination value.
Applicant Income
Ambler Savings Bank lent most frequently to those with incomes in the $150k-250k range, with 23 originations. The second most popular income band? $250k+, with 18 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 88 | $27,630,000 | $313,977 | $0 | 0.00% |
Ambler Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 88 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications80.99%
Ambler Savings Bank has a below average approval rate.
Pick Rate
Approvals leading to origination92.05%
Ambler Savings Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 88 | $27,630,000 | $313,977 |