Phoenixville Federal Bank And Trust Mortgage Rates, Fees & Info
Phoenixville, PALEI: 549300L4I0NP22SUIE86
Tax ID: 23-0975715
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Phoenixville Federal Bank And Trust is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Phoenixville Federal Bank And Trust has a high proportion of conventional loans. Their top markets by origination volume include: Philadelphia, Reading, Ocean City, Baltimore, and Trenton among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Phoenixville Federal Bank And Trust has an above 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
126Origination Dollar Volume (All Markets)
$29,620,000Top 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) | 114 | $25,590,000 | $224,474 | $0 | 0.00% |
| READING, PA (FHA|USDA|VA) | 4 | $1,480,000 | $370,000 | $0 | 0.00% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 2 | $960,000 | $480,000 | $0 | 0.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $345,000 | $345,000 | $0 | 0.00% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 126 | $29,620,000 | $235,079 | $0 | 0.00% |
For 2023, Phoenixville Federal Bank And Trust's most frequently originated type of loan was Conventional, with 126 originations.
Loan Reason
For 2023, Phoenixville Federal Bank And Trust's most frequently cited loan purpose was Home Purchase, with 31 originations. The 2nd most popular reason was Cash Out Refi, with 30 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 126 | $29,620,000 | $235,079 | $0 | 0.00% |
For 2023, Phoenixville Federal Bank And Trust's most frequently cited loan duration was Other, with 126 originations.
Loan Sizing
2023 saw Phoenixville Federal Bank And Trust place emphasis on $100,000 or less loans with 47 originations, totaling $2,085,000 in origination value.
Applicant Income
Phoenixville Federal Bank And Trust lent most frequently to those with incomes in the $150k-250k range, with 28 originations. The second most popular income band? $250k+, with 24 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 126 | $29,620,000 | $235,079 | $0 | 0.00% |
Phoenixville Federal Bank And Trust lent most frequently to those with DTI ratios of Exempt%, with 126 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.30%
Phoenixville Federal Bank And Trust has an average approval rate.
Pick Rate
Approvals leading to origination89.68%
Phoenixville Federal Bank And Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 126 | $29,620,000 | $235,079 |