National Union Bank Of Kinderhook Mortgage Rates, Fees & Info

Kinderhook, NY

LEI: 549300L79UZB0KDTXC31

Tax ID: 14-0913619

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
  • Complaints
  • Similar Lenders
  • 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

    National Union Bank Of Kinderhook is a smaller bank specializing in Home Purchase loans. National Union Bank Of Kinderhook has a high proportion of conventional loans. Their top markets by origination volume include: Albany, Gloversville, Hudson, Amsterdam, and Glens Falls among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    National Union Bank Of Kinderhook 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. National Union Bank Of Kinderhook is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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

    142

    Origination Dollar Volume (All Markets)

    $39,400,000

    Awards

    National Union Bank of Kinderhook 30 Year Conventional Loans silver National Union Bank of Kinderhook 30 Year Conventional Loans bronze National Union Bank of Kinderhook 30 Year Conventional Loans silver National Union Bank of Kinderhook 30 Year Conventional Loans silver
    Show all (4) awards

    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
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 75 $28,685,000 $382,467 $2,665 4.77%
    Gloversville, NY (FHA|USDA|VA) 25 $3,535,000 $141,400 $2,785 4.35%
    Hudson, NY (FHA|USDA|VA) 20 $3,520,000 $176,000 $1,876 4.36%
    Amsterdam, NY (FHA|USDA|VA) 15 $2,255,000 $150,333 $2,815 4.36%
    Outside of Metro Areas 4 $570,000 $142,500 $2,904 4.84%
    GLENS FALLS, NY (FHA|USDA|VA) 1 $405,000 $405,000 $0 5.99%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $225,000 $225,000 $2,630 3.50%
    UTICA-ROME, NY (FHA|USDA|VA) 1 $205,000 $205,000 $4,971 4.50%
    National Union Bank Of Kinderhook's top markets include Albany, Gloversville, Hudson, Amsterdam, and Glens Falls among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against National Union Bank of Kinderhook based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Saratoga National Bank and Trust Company
    Similarity Rank: 80
    National Union Bank of Kinderhook
    Similarity Rank: 96
    HUDSON RIVER COMMUNITY
    Similarity Rank: 105
    TrustCo Bank
    Similarity Rank: 150
    Glens Falls National Bank and Trust Company
    Similarity Rank: 180
    FIRST NEW YORK
    Similarity Rank: 228
    CCFCU FUNDING, LLC
    Similarity Rank: 580
    SUNMARK FEDERAL CREDIT UNION
    Similarity Rank: 684
    Chemung Canal Trust Company
    Similarity Rank: 765
    SEFCU SERVICES, LLC
    Similarity Rank: 864

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 142 $39,400,000 $277,465 $2,597 4.59%

    For 2018, National Union Bank Of Kinderhook's most frequently originated type of loan was Conventional, with 142 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 96 $29,280,000 $305,000 $2,894 4.68%
    Cash Out Refi 23 $7,535,000 $327,609 $1,952 4.42%
    Home Improvement 11 $625,000 $56,818 $480 4.36%
    Refi 9 $1,475,000 $163,889 $2,244 4.41%
    Other 3 $485,000 $161,667 $2,139 4.53%

    For 2018, National Union Bank Of Kinderhook's most frequently cited loan purpose was Home Purchase, with 96 originations. The 2nd most popular reason was Cash Out Refi, with 23 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 46 $9,560,000 $207,826 $2,694 4.49%
    10 Year 41 $16,475,000 $401,829 $2,112 5.02%
    15 Year 21 $2,985,000 $142,143 $2,037 4.06%
    20 Year 14 $1,910,000 $136,429 $1,831 4.36%
    Other 11 $5,975,000 $543,182 $4,083 4.82%
    30+ year 7 $1,655,000 $236,429 $4,077 4.63%
    1 Year 1 $765,000 $765,000 $0 4.75%
    5 Year 1 $75,000 $75,000 $861 3.75%

    For 2018, National Union Bank Of Kinderhook's most frequently cited loan duration was 30 Year, with 46 originations. The 2nd most popular length was 10 Year, with 41 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 5 $755,000 $151,000
    $3k-4k 2 $740,000 $370,000
    $1k-2k 1 $455,000 $455,000

    National Union Bank Of Kinderhook's average total fees were $2,694, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 5 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 94 $25,280,000 $268,936
    3-4% 24 $4,080,000 $170,000
    5-6% 23 $9,815,000 $426,739
    6-7% 1 $225,000 $225,000

    During 2018, National Union Bank Of Kinderhook's average interest rate for loans was 4.49%, while their most frequently originated rate bucket for loans was 4-5%, with 94 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 46 $11,510,000 $250,217 $2,963 4.64%
    $100k-200k 39 $5,565,000 $142,692 $2,126 4.59%
    $100,000 or less 32 $1,980,000 $61,875 $1,847 4.39%
    $400k-600k 12 $5,470,000 $455,833 $4,224 4.74%
    $600k-1MM 7 $5,065,000 $723,571 $0 4.70%
    $1MM+ 6 $9,810,000 $1,635,000 $0 4.93%

    2018 saw National Union Bank Of Kinderhook place emphasis on $200k-400k loans with 46 originations, totaling $11,510,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 41 $7,705,000 $187,927 $2,790 4.39%
    $150k-250k 20 $4,700,000 $235,000 $3,049 4.45%
    $75k-100k 15 $1,795,000 $119,667 $2,249 4.28%
    $50k-75k 12 $1,410,000 $117,500 $2,148 4.49%
    $250k+ 8 $2,020,000 $252,500 $2,581 3.81%
    $50k or less 6 $350,000 $58,333 $2,056 4.29%

    National Union Bank Of Kinderhook lent most frequently to those with incomes in the $100k-150k range, with 41 originations. The second most popular income band? $150k-250k, with 20 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 34 $5,670,000 $166,765 $2,629 4.26%
    30-36% 18 $3,360,000 $186,667 $2,576 4.32%
    <20% 10 $1,550,000 $155,000 $1,876 4.15%
    37% 8 $1,430,000 $178,750 $3,144 4.38%
    39% 7 $1,885,000 $269,286 $3,210 4.45%
    41% 6 $580,000 $96,667 $1,724 4.48%
    36% 6 $980,000 $163,333 $3,038 4.60%
    38% 4 $930,000 $232,500 $2,992 4.66%
    40% 3 $615,000 $205,000 $2,634 4.23%
    42% 2 $200,000 $100,000 $1,586 4.63%
    43% 2 $340,000 $170,000 $2,420 3.88%
    50-60% 1 $225,000 $225,000 $1,956 4.50%

    National Union Bank Of Kinderhook lent most frequently to those with DTI ratios of 20-30%, with 34 originations. The next most common DTI ratio? 30-36%, with 18 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 39 $20,815,000 $533,718 $0 5.23%
    White 92 $15,730,000 $170,978 $2,551 4.31%
    Not provided 9 $2,395,000 $266,111 $2,968 4.72%
    Asian 2 $460,000 $230,000 $3,126 4.50%

    Approval Rates

    Total approvals of all applications
    81.09%

    National Union Bank Of Kinderhook has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    86.62%

    National Union Bank Of Kinderhook has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 142 $39,400,000 $277,465

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 3 $2,515,000 $838,333
    Multifamily:Site-Built 20 $15,220,000 $761,000
    Single Family (1-4 Units):Site-Built 119 $21,665,000 $182,059

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 10 $1,990,000 $199,000 $2,019 4.26%
    40-60% 14 $2,790,000 $199,286 $1,893 4.67%
    60-80% 65 $23,685,000 $364,385 $2,632 4.65%
    80-100% 47 $10,695,000 $227,553 $2,854 4.59%
    Under 20% 6 $240,000 $40,000 $0 4.38%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    National Title Co. Other type of mortgage Closing on a mortgage 1 100.0%