Hyperion Bank Mortgage Rates, Fees & Info

Philadelphia, PA

LEI: 549300L7OFUBO6FHY884

Tax ID: 20-5859525

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

    Hyperion Bank is a smaller bank specializing in Home Purchase loans. Hyperion Bank has a high proportion of conventional loans. Their top markets by origination volume include: Philadelphia, Atlanta, Sevierville, Ocean City, and Lancaster among others. We have data for 7 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.

    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

    96

    Origination Dollar Volume (All Markets)

    $70,790,000

    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) 81 $57,235,000 $706,605 $0 0.00%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 8 $5,030,000 $628,750 $0 0.00%
    Sevierville, TN (FHA|USDA|VA) 2 $3,450,000 $1,725,000 $0 0.00%
    Outside of Metro Areas 1 $2,105,000 $2,105,000 $0 0.00%
    OCEAN CITY, NJ (FHA|USDA|VA) 2 $1,980,000 $990,000 $0 0.00%
    LANCASTER, PA (FHA|USDA|VA) 1 $875,000 $875,000 $0 0.00%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
    Hyperion Bank's top markets include Philadelphia, Atlanta, Sevierville, Ocean City, and Lancaster among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 96 $70,790,000 $737,396 $0 0.00%

    For 2022, Hyperion Bank's most frequently originated type of loan was Conventional, with 96 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 65 $55,745,000 $857,615 $0 0.00%
    Refi 21 $10,435,000 $496,905 $0 0.00%
    Home Improvement 10 $4,610,000 $461,000 $0 0.00%

    For 2022, Hyperion Bank's most frequently cited loan purpose was Home Purchase, with 65 originations. The 2nd most popular reason was Refi, with 21 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 96 $70,790,000 $737,396 $0 0.00%

    For 2022, Hyperion Bank's most frequently cited loan duration was Other, with 96 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 23 $7,105,000 $308,913 $0 0.00%
    $600k-1MM 21 $15,375,000 $732,143 $0 0.00%
    $1MM+ 19 $37,045,000 $1,949,737 $0 0.00%
    $400k-600k 18 $9,320,000 $517,778 $0 0.00%
    $100k-200k 11 $1,615,000 $146,818 $0 0.00%
    $100,000 or less 4 $330,000 $82,500 $0 0.00%

    2022 saw Hyperion Bank place emphasis on $200k-400k loans with 23 originations, totaling $7,105,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 3 $835,000 $278,333 $0 0.00%
    $100k-150k 2 $900,000 $450,000 $0 0.00%
    $150k-250k 2 $920,000 $460,000 $0 0.00%
    $75k-100k 2 $670,000 $335,000 $0 0.00%
    $50k-75k 1 $245,000 $245,000 $0 0.00%

    Hyperion Bank lent most frequently to those with incomes in the $250k+ range, with 3 originations. The second most popular income band? $100k-150k, with 2 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 96 $70,790,000 $737,396 $0 0.00%

    Hyperion Bank lent most frequently to those with DTI ratios of Exempt%, with 96 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 86 $67,220,000 $781,628 $0 0.00%
    White 3 $1,465,000 $488,333 $0 0.00%
    Not provided 3 $1,225,000 $408,333 $0 0.00%
    Black 4 $880,000 $220,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    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 origination
    81.25%

    Hyperion Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 96 $70,790,000 $737,396

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    96 $70,790,000 $737,396