Hyperion Bank Mortgage Rates, Fees & Info
Philadelphia, PALEI: 549300L7OFUBO6FHY884
Tax ID: 20-5859525
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Hyperion Bank is a smaller bank specializing in Home Purchase and Refi loans. Hyperion Bank has a high proportion of conventional loans. Their top markets by origination volume include: Philadelphia, Atlanta, and Ocean City among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)Hyperion Bank 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
44Origination Dollar Volume (All Markets)
$24,910,000Top 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) | 42 | $21,620,000 | $514,762 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $1,865,000 | $1,865,000 | $0 | 0.00% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $1,425,000 | $1,425,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 44 | $24,910,000 | $566,136 | $0 | 0.00% |
For 2024, Hyperion Bank's most frequently originated type of loan was Conventional, with 44 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 28 | $15,880,000 | $567,143 | $0 | 0.00% |
| Refi | 14 | $8,450,000 | $603,571 | $0 | 0.00% |
| Home Improvement | 2 | $580,000 | $290,000 | $0 | 0.00% |
For 2024, Hyperion Bank's most frequently cited loan purpose was Home Purchase, with 28 originations. The 2nd most popular reason was Refi, with 14 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 44 | $24,910,000 | $566,136 | $0 | 0.00% |
For 2024, Hyperion Bank's most frequently cited loan duration was Other, with 44 originations.
Loan Sizing
2024 saw Hyperion Bank place emphasis on $200k-400k loans with 18 originations, totaling $5,360,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-150k | 1 | $265,000 | $265,000 | $0 | 0.00% |
| $150k-250k | 1 | $375,000 | $375,000 | $0 | 0.00% |
| $250k+ | 1 | $175,000 | $175,000 | $0 | 0.00% |
Hyperion Bank lent most frequently to those with incomes in the $100k-150k range, with 1 originations. The second most popular income band? $150k-250k, with 1 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 44 | $24,910,000 | $566,136 | $0 | 0.00% |
Hyperion Bank lent most frequently to those with DTI ratios of Exempt%, with 44 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.72%
Hyperion Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination70.45%
Hyperion Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 44 | $24,910,000 | $566,136 |