The Dime Bank Mortgage Rates, Fees & Info
Honesdale, PALEI: 549300JSQZG5CD2LWR30
Tax ID: 24-0614380
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Dime Bank is a smaller bank specializing in Home Purchase loans. The Dime Bank has a high proportion of conventional loans. Their top markets by origination volume include: Scranton, New York, Syracuse, and Allentown among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)The Dime 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.
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Originations
207Origination Dollar Volume (All Markets)
$31,955,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 93 | $14,375,000 | $154,570 | $0 | 0.00% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 50 | $8,960,000 | $179,200 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 62 | $7,750,000 | $125,000 | $0 | 0.00% |
| SYRACUSE, NY (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 207 | $31,955,000 | $154,372 | $0 | 0.00% |
For 2024, The Dime Bank's most frequently originated type of loan was Conventional, with 207 originations.
Loan Reason
For 2024, The Dime Bank's most frequently cited loan purpose was Home Purchase, with 69 originations. The 2nd most popular reason was Home Improvement, with 49 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 207 | $31,955,000 | $154,372 | $0 | 0.00% |
For 2024, The Dime Bank's most frequently cited loan duration was Other, with 207 originations.
Loan Sizing
2024 saw The Dime Bank place emphasis on $100,000 or less loans with 108 originations, totaling $5,440,000 in origination value.
Applicant Income
The Dime Bank lent most frequently to those with incomes in the $100k-150k range, with 53 originations. The second most popular income band? $50k-75k, with 35 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 207 | $31,955,000 | $154,372 | $0 | 0.00% |
The Dime Bank lent most frequently to those with DTI ratios of Exempt%, with 207 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.02%
The Dime Bank has an average approval rate.
Pick Rate
Approvals leading to origination77.78%
The Dime Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 207 | $31,955,000 | $154,372 |