Ambler Savings Bank Mortgage Rates, Fees & Info

Ambler, PA

LEI: 549300JH5DMYH0O5TM77

Tax ID: 23-0341550

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

    Ambler Savings Bank is a smaller bank specializing in Refi and Home Purchase loans. Ambler Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Philadelphia, Reading, and Allentown among others. We have data for 3 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 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

    121

    Origination Dollar Volume (All Markets)

    $33,615,000

    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
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 107 $31,435,000 $293,785 $0 0.00%
    READING, PA (FHA|USDA|VA) 12 $1,880,000 $156,667 $0 0.00%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $300,000 $150,000 $0 0.00%
    Ambler Savings Bank's top markets include Philadelphia, Reading, and Allentown among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 121 $33,615,000 $277,810 $0 0.00%

    For 2022, Ambler Savings Bank's most frequently originated type of loan was Conventional, with 121 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 57 $17,285,000 $303,246 $0 0.00%
    Home Purchase 34 $13,230,000 $389,118 $0 0.00%
    Other 30 $3,100,000 $103,333 $0 0.00%

    For 2022, Ambler Savings Bank's most frequently cited loan purpose was Refi, with 57 originations. The 2nd most popular reason was Home Purchase, with 34 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 121 $33,615,000 $277,810 $0 0.00%

    For 2022, Ambler Savings Bank's most frequently cited loan duration was Other, with 121 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 36 $10,470,000 $290,833 $0 0.00%
    $100,000 or less 29 $1,545,000 $53,276 $0 0.00%
    $100k-200k 29 $4,185,000 $144,310 $0 0.00%
    $400k-600k 14 $6,700,000 $478,571 $0 0.00%
    $600k-1MM 10 $7,020,000 $702,000 $0 0.00%
    $1MM+ 3 $3,695,000 $1,231,667 $0 0.00%

    2022 saw Ambler Savings Bank place emphasis on $200k-400k loans with 36 originations, totaling $10,470,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 21 $5,065,000 $241,190 $0 0.00%
    $100k-150k 20 $4,900,000 $245,000 $0 0.00%
    $50k-75k 16 $2,620,000 $163,750 $0 0.00%
    $250k+ 11 $6,625,000 $602,273 $0 0.00%
    $50k or less 10 $1,020,000 $102,000 $0 0.00%
    $75k-100k 9 $1,615,000 $179,444 $0 0.00%

    Ambler Savings Bank lent most frequently to those with incomes in the $150k-250k range, with 21 originations. The second most popular income band? $100k-150k, with 20 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 121 $33,615,000 $277,810 $0 0.00%

    Ambler Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 121 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 86 $21,980,000 $255,581 $0 0.00%
    Not applicable 23 $8,795,000 $382,391 $0 0.00%
    Not provided 10 $2,430,000 $243,000 $0 0.00%
    Asian 2 $410,000 $205,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    86.67%

    Ambler Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    76.86%

    Ambler Savings Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 121 $33,615,000 $277,810

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    121 $33,615,000 $277,810