Home Loan Investment Bank F.s.b. Mortgage Rates, Fees & Info

Warwick, RI

LEI: 549300LLQD0X2OTG0Y27

Tax ID: 05-0283864

4.8 stars - out of 5 stars, based on 38 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Home Loan Investment Bank F.s.b. is a smaller bank specializing in Home Purchase and Refi loans. Home Loan Investment Bank F.s.b. has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets include Providence, Boston, New York, Manchester, and Worcester among others. Home Loan Investment Bank F.s.b. has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Home Loan Investment Bank F.s.b. is typically an average fee lendor.


Originations

1,458

Origination Dollar Volume (All Markets)

$282,220,000

Employee count

100

Awards

Home Loan Investment Bank F.S.B. FHA Loans gold Home Loan Investment Bank F.S.B. FHA Loans bronze
Show all (2) awards

Relative Rate

Home Loan Investment Bank F.s.b.'s average 30 year fixed rate mortgage of loans were 3.1%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.05%.

Relative Fees

Home Loan Investment Bank F.s.b.'s average total fees for a 30 year fixed rate mortgage are $5,138.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 522 $147,930,000 $283,391 $4,433 3.38%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 221 $73,355,000 $331,923 $5,446 3.19%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 43 $12,195,000 $283,605 $4,474 4.11%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 34 $9,610,000 $282,647 $3,631 3.66%
WORCESTER, MA-CT (FHA|USDA|VA) 23 $3,835,000 $166,739 $3,746 4.34%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 4 $1,930,000 $482,500 $8,025 2.88%
Outside of Metro Areas 40 $1,890,000 $47,250 $1,697 6.63%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 18 $1,780,000 $98,889 $2,060 5.86%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 6 $1,660,000 $276,667 $3,530 3.89%
Concord, NH (FHA|USDA|VA) 7 $1,485,000 $212,143 $3,212 3.70%
Lebanon, NH-VT (FHA|USDA|VA) 6 $1,410,000 $235,000 $3,575 3.24%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 5 $1,005,000 $201,000 $3,959 3.70%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 12 $970,000 $80,833 $2,027 5.63%
JACKSONVILLE, FL (FHA|USDA|VA) 7 $955,000 $136,429 $2,790 4.79%
Laconia, NH (FHA|USDA|VA) 4 $930,000 $232,500 $4,077 3.44%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $905,000 $301,667 $3,155 4.73%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 7 $795,000 $113,571 $2,587 5.45%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 4 $790,000 $197,500 $2,481 3.74%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 3 $765,000 $255,000 $3,214 2.92%
SPRINGFIELD, MA (FHA|USDA|VA) 5 $755,000 $151,000 $4,255 4.83%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 12 $750,000 $62,500 $1,740 6.48%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 26 $610,000 $23,462 $1,360 6.29%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 24 $580,000 $24,167 $1,392 6.50%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 10 $550,000 $55,000 $1,488 6.55%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 7 $535,000 $76,429 $2,073 7.09%
Keene, NH (FHA|USDA|VA) 1 $525,000 $525,000 $6,095 3.63%
WILMINGTON, NC (FHA|USDA|VA) 2 $470,000 $235,000 $3,070 5.10%
Morehead City, NC (FHA|USDA|VA) 1 $465,000 $465,000 $4,630 3.50%
Barre, VT (FHA|USDA|VA) 2 $460,000 $230,000 $3,003 2.75%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 7 $435,000 $62,143 $1,895 6.60%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $420,000 $210,000 $3,783 5.25%
Vineyard Haven, MA (FHA|USDA|VA) 1 $395,000 $395,000 $7,049 3.63%
DOVER, DE (FHA|USDA|VA) 16 $390,000 $24,375 $1,465 6.91%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 9 $385,000 $42,778 $1,638 6.88%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 7 $385,000 $55,000 $1,786 5.79%
SALISBURY, MD-DE (FHA|USDA|VA) 14 $350,000 $25,000 $1,461 7.41%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $350,000 $175,000 $3,343 4.48%
TULSA, OK (FHA|USDA|VA) 14 $330,000 $23,571 $1,445 6.50%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $325,000 $325,000 $3,641 2.75%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $325,000 $108,333 $3,888 5.38%
ST. LOUIS, MO-IL (FHA|USDA|VA) 13 $305,000 $23,462 $1,392 6.67%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $275,000 $275,000 $4,894 3.63%
Berlin, NH (FHA|USDA|VA) 1 $255,000 $255,000 $7,691 2.63%
Marion, IN (FHA|USDA|VA) 2 $240,000 $120,000 $2,855 2.50%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 4 $180,000 $45,000 $2,006 5.63%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 7 $175,000 $25,000 $1,507 5.98%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 7 $175,000 $25,000 $1,514 7.01%
KANSAS CITY, MO-KS (FHA|USDA|VA) 8 $170,000 $21,250 $1,333 6.79%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 7 $155,000 $22,143 $1,426 7.29%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $145,000 $48,333 $2,188 5.21%
COLUMBUS, OH (FHA|USDA|VA) 5 $105,000 $21,000 $1,405 7.65%
LAFAYETTE, LA (FHA|USDA|VA) 5 $105,000 $21,000 $1,182 6.77%
YAKIMA, WA (FHA|USDA|VA) 4 $100,000 $25,000 $1,532 6.99%
UTICA-ROME, NY (FHA|USDA|VA) 1 $95,000 $95,000 $3,407 2.75%
PITTSBURGH, PA (FHA|USDA|VA) 4 $90,000 $22,500 $1,206 5.53%
LAKE CHARLES, LA (FHA|USDA|VA) 4 $90,000 $22,500 $1,456 6.80%
BANGOR, ME (FHA|USDA|VA) 1 $85,000 $85,000 $5,619 2.88%
TOLEDO, OH (FHA|USDA|VA) 4 $80,000 $20,000 $1,370 6.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $80,000 $20,000 $1,340 6.41%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 3 $75,000 $25,000 $1,485 5.80%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 3 $75,000 $25,000 $1,532 6.05%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $75,000 $25,000 $1,524 6.65%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 3 $75,000 $25,000 $1,190 6.97%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 3 $75,000 $25,000 $1,509 6.75%
KOKOMO, IN (FHA|USDA|VA) 3 $75,000 $25,000 $865 5.28%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $75,000 $25,000 $1,485 6.98%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $75,000 $25,000 $1,199 6.57%
Charleston-Mattoon, IL (FHA|USDA|VA) 3 $75,000 $25,000 $1,532 7.00%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 3 $75,000 $25,000 $1,199 6.38%
FAYETTEVILLE, NC (FHA|USDA|VA) 4 $70,000 $17,500 $1,301 6.16%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $65,000 $21,667 $1,056 5.80%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 3 $65,000 $21,667 $1,352 6.32%
MOBILE, AL (FHA|USDA|VA) 3 $65,000 $21,667 $1,418 7.82%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 3 $65,000 $21,667 $1,356 6.23%
Hobbs, NM (FHA|USDA|VA) 3 $55,000 $18,333 $1,006 5.65%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $55,000 $18,333 $1,263 8.15%
APPLETON, WI (FHA|USDA|VA) 2 $50,000 $25,000 $1,506 6.23%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 2 $50,000 $25,000 $1,513 7.48%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $50,000 $25,000 $1,465 5.95%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $50,000 $25,000 $1,532 6.38%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $50,000 $25,000 $1,532 7.20%
Palatka, FL (FHA|USDA|VA) 2 $50,000 $25,000 $1,504 8.70%
CARBONDALE-MARION, IL (FHA|USDA|VA) 2 $50,000 $25,000 $1,532 7.50%
OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $50,000 $25,000 $1,532 6.50%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $50,000 $25,000 $1,532 5.73%
GREELEY, CO (FHA|USDA|VA) 2 $50,000 $25,000 $1,532 6.50%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $50,000 $25,000 $1,032 5.73%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $50,000 $25,000 $1,032 5.38%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 2 $50,000 $25,000 $1,032 6.45%
Wilson, NC (FHA|USDA|VA) 2 $50,000 $25,000 $1,471 7.50%
KNOXVILLE, TN (FHA|USDA|VA) 2 $50,000 $25,000 $1,392 6.73%
MUNCIE, IN (FHA|USDA|VA) 3 $45,000 $15,000 $1,106 7.83%
Rutland, VT (FHA|USDA|VA) 1 $45,000 $45,000 $2,077 6.50%
DULUTH, MN-WI (FHA|USDA|VA) 2 $40,000 $20,000 $1,382 5.23%
WICHITA, KS (FHA|USDA|VA) 2 $40,000 $20,000 $896 6.70%
TUCSON, AZ (FHA|USDA|VA) 2 $40,000 $20,000 $970 5.25%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $40,000 $20,000 $1,302 7.10%
COLUMBIA, SC (FHA|USDA|VA) 2 $40,000 $20,000 $1,349 6.48%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $40,000 $20,000 $1,371 6.10%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 2 $40,000 $20,000 $1,339 6.50%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $40,000 $20,000 $1,337 6.88%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $40,000 $20,000 $1,180 7.48%
Forest City, NC (FHA|USDA|VA) 2 $40,000 $20,000 $1,400 7.38%
Show Low, AZ (FHA|USDA|VA) 2 $40,000 $20,000 $1,407 6.38%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 2 $40,000 $20,000 $1,032 5.23%
FOND DU LAC, WI (FHA|USDA|VA) 2 $40,000 $20,000 $981 5.38%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 2 $30,000 $15,000 $1,075 8.45%
Centralia, IL (FHA|USDA|VA) 2 $30,000 $15,000 $1,219 8.48%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $30,000 $15,000 $1,210 7.88%
TERRE HAUTE, IN (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 5.95%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 8.45%
ANCHORAGE, AK (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 5.95%
ANN ARBOR, MI (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.50%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 8.45%
ASHEVILLE, NC (FHA|USDA|VA) 1 $25,000 $25,000 $1,390 8.50%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.50%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.50%
BATON ROUGE, LA (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 4.95%
BEND, OR (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 8.50%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
Cambridge, MD (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.25%
CaƱon City, CO (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.50%
CHEYENNE, WY (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 8.45%
CHICO, CA (FHA|USDA|VA) 1 $25,000 $25,000 $1,518 6.50%
Chillicothe, OH (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.25%
Coffeyville, KS (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
Cookeville, TN (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 8.50%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $25,000 $25,000 $1,398 6.50%
Decatur, IN (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
DeRidder, LA (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 5.95%
Dodge City, KS (FHA|USDA|VA) 1 $25,000 $25,000 $1,414 8.45%
Elizabeth City, NC (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.25%
ERIE, PA (FHA|USDA|VA) 1 $25,000 $25,000 $1,479 6.25%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $25,000 $25,000 $532 4.95%
Fairmont, WV (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.25%
FORT WAYNE, IN (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 8.50%
Frankfort, KY (FHA|USDA|VA) 1 $25,000 $25,000 $1,393 7.25%
Fremont, OH (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
Gaffney, SC (FHA|USDA|VA) 1 $25,000 $25,000 $1,389 7.50%
Galesburg, IL (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.50%
Gallup, NM (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.50%
GOLDSBORO, NC (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.50%
Grand Rapids, MN (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 4.95%
GREEN BAY, WI (FHA|USDA|VA) 1 $25,000 $25,000 $532 4.95%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $25,000 $25,000 $1,472 6.95%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 4.95%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
Iron Mountain, MI-WI (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.50%
JACKSON, TN (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 8.45%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 8.50%
JOHNSTOWN, PA (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 4.95%
Kinston, NC (FHA|USDA|VA) 1 $25,000 $25,000 $1,390 4.95%
LaGrange, GA-AL (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 8.50%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.50%
LAWRENCE, KS (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
LIMA, OH (FHA|USDA|VA) 1 $25,000 $25,000 $1,417 6.50%
LONGVIEW, TX (FHA|USDA|VA) 1 $25,000 $25,000 $1,396 7.50%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 5.95%
Marietta, OH (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.95%
Mayfield, KY (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.25%
McAlester, OK (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 8.50%
Mount Vernon, OH (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
North Platte, NE (FHA|USDA|VA) 1 $25,000 $25,000 $1,382 7.25%
Ottawa, KS (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.50%
Palestine, TX (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.25%
Paragould, AR (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 8.50%
Pittsburg, KS (FHA|USDA|VA) 1 $25,000 $25,000 $1,447 5.95%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 8.50%
READING, PA (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.25%
Red Bluff, CA (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 4.95%
ROCHESTER, NY (FHA|USDA|VA) 1 $25,000 $25,000 $1,380 6.50%
SALEM, OR (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 8.45%
Sanford, NC (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.95%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
Seneca, SC (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 4.95%
Sonora, CA (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
SPARTANBURG, SC (FHA|USDA|VA) 1 $25,000 $25,000 $532 4.95%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
SUMTER, SC (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.50%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 5.95%
Taylorville, IL (FHA|USDA|VA) 1 $25,000 $25,000 $532 4.25%
AKRON, OH (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.25%
Tiffin, OH (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.25%
Torrington, CT (FHA|USDA|VA) 1 $25,000 $25,000 $1,393 7.50%
Tupelo, MS (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.50%
VALDOSTA, GA (FHA|USDA|VA) 1 $25,000 $25,000 $1,367 5.50%
VICTORIA, TX (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $25,000 $25,000 $1,344 6.50%
Warrensburg, MO (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.50%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.50%
WENATCHEE, WA (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 6.50%
Whitewater, WI (FHA|USDA|VA) 1 $25,000 $25,000 $1,532 7.50%
Outside of Metro Areas 1 $25,000 $25,000 $1,532 7.50%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 2 $20,000 $10,000 $1,009 7.23%
Albertville, AL (FHA|USDA|VA) 1 $15,000 $15,000 $954 3.95%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $15,000 $15,000 $1,267 6.95%
MEDFORD, OR (FHA|USDA|VA) 1 $15,000 $15,000 $1,270 6.50%
MADISON, WI (FHA|USDA|VA) 1 $15,000 $15,000 $952 3.95%
SAGINAW, MI (FHA|USDA|VA) 1 $15,000 $15,000 $972 8.50%
GAINESVILLE, FL (FHA|USDA|VA) 1 $15,000 $15,000 $1,146 6.95%
Lumberton, NC (FHA|USDA|VA) 1 $15,000 $15,000 $1,267 5.95%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $15,000 $15,000 $1,082 8.50%
FLORENCE, SC (FHA|USDA|VA) 1 $15,000 $15,000 $1,265 4.95%
Richmond, IN (FHA|USDA|VA) 1 $15,000 $15,000 $1,206 8.00%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $15,000 $15,000 $1,182 7.50%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $15,000 $15,000 $1,115 7.50%
Pottsville, PA (FHA|USDA|VA) 1 $15,000 $15,000 $1,101 7.95%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $15,000 $15,000 $974 7.95%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $15,000 $15,000 $977 5.95%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $15,000 $15,000 $1,300 5.95%
CHARLESTON, WV (FHA|USDA|VA) 1 $15,000 $15,000 $1,185 4.95%
NILES, MI (FHA|USDA|VA) 1 $15,000 $15,000 $1,097 4.50%
Payson, AZ (FHA|USDA|VA) 1 $15,000 $15,000 $532 4.25%
Sturgis, MI (FHA|USDA|VA) 1 $15,000 $15,000 $956 7.50%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $15,000 $15,000 $1,124 4.95%
Owatonna, MN (FHA|USDA|VA) 1 $15,000 $15,000 $532 4.95%
Scottsbluff, NE (FHA|USDA|VA) 1 $5,000 $5,000 $901 8.00%
Greenwood, SC (FHA|USDA|VA) 1 $5,000 $5,000 $909 5.95%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $5,000 $5,000 $891 6.95%

Home Loan Investment Bank F.s.b.'s top markets include Providence, Boston, New York, Manchester, and Worcester among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 725 $222,375,000 $306,724 $3,828 3.12%
FHA 699 $46,015,000 $65,830 $2,889 6.24%
VA 34 $13,830,000 $406,765 $6,478 2.60%

For the 2021 period, Home Loan Investment Bank F.s.b.'s most frequently originated loan type of loans were Conventional, with 725 originations. Their 2nd most popular type is FHA, with 699 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Improvement 601 $13,875,000 $23,087 $1,389 6.80%
Home Purchase 403 $134,795,000 $334,479 $5,533 3.06%
Refi 284 $80,460,000 $283,310 $4,523 2.97%
Cash Out Refi 170 $53,090,000 $312,294 $3,915 3.24%

For the 2021, Home Loan Investment Bank F.s.b.'s most frequently cited loan purpose of loans were Home Improvement, with 601 originations. The 2nd most popular reason of loans were Home Purchase, with 403 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 724 $234,900,000 $324,448 $5,138 3.10%
20 Year 354 $19,410,000 $54,831 $1,690 6.72%
15 Year 179 $17,805,000 $99,469 $2,179 5.48%
10 Year 81 $2,015,000 $24,877 $1,387 6.74%
Other 78 $7,230,000 $92,692 $1,856 4.67%
5 Year 25 $515,000 $20,600 $1,151 4.84%
3 Year 17 $345,000 $20,294 $1,237 4.30%

For the 2021, Home Loan Investment Bank F.s.b.'s most frequently cited loan length of loans were 30 Year, with 724 originations. The 2nd most popular length of loans were 20 Year, with 354 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 1,136 $235,920,000 $207,676
$<1k 202 $5,800,000 $28,713
$2k-3k 73 $22,545,000 $308,836
$3k-4k 40 $15,530,000 $388,250
$5k+ 7 $2,425,000 $346,429

$5,138 of loans were Home Loan Investment Bank F.s.b.'s average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 1,136 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 410 $124,590,000 $303,878
2.5-3% 375 $116,255,000 $310,013
6-7% 208 $5,030,000 $24,183
Over 8% 127 $2,875,000 $22,638
7-8% 122 $2,790,000 $22,869
4-5% 86 $4,440,000 $51,628
<2.5% 79 $25,155,000 $318,418
5-6% 51 $1,085,000 $21,275

During 2021, Home Loan Investment Bank F.s.b.'s average interest rate of loans were 3.10%, while their most frequently originated rate bucket of loans were 3-4%, with 410 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100,000 or less 609 $14,595,000 $23,966 $1,422 6.74%
$200k-400k 520 $152,820,000 $293,885 $4,565 3.08%
$400k-600k 165 $77,905,000 $472,152 $6,800 3.00%
$100k-200k 147 $24,015,000 $163,367 $3,487 3.10%
$600k-1MM 16 $11,760,000 $735,000 $8,430 3.21%
$1MM+ 1 $1,125,000 $1,125,000 $5,757 4.00%

2021 saw Home Loan Investment Bank F.s.b. place emphasis on $100,000 or less loans with 609 originations, totaling $14,595,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 399 $79,695,000 $199,737 $3,845 4.69%
$75k-100k 336 $60,100,000 $178,869 $3,288 4.72%
$50k-75k 328 $49,400,000 $150,610 $3,188 4.76%
$150k-250k 223 $53,315,000 $239,081 $3,300 4.40%
$50k or less 95 $10,955,000 $115,316 $2,776 4.78%
$250k+ 57 $21,855,000 $383,421 $4,081 3.69%

Home Loan Investment Bank F.s.b. lent most frequently to those with incomes in the $100k-150k range, with 399 originations. The second most popular income band? $75k-100k, with 336 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
30-36% 336 $55,820,000 $166,131 $2,841 4.91%
20-30% 296 $52,620,000 $177,770 $2,761 4.44%
37% 85 $10,785,000 $126,882 $2,521 5.63%
44% 84 $12,860,000 $153,095 $2,774 5.73%
<20% 82 $16,320,000 $199,024 $3,129 3.71%
39% 63 $10,945,000 $173,730 $2,833 4.99%
38% 62 $12,140,000 $195,806 $3,289 4.81%
41% 57 $12,635,000 $221,667 $3,069 4.96%
42% 54 $12,360,000 $228,889 $3,657 4.77%
40% 54 $11,030,000 $204,259 $3,352 4.58%
36% 50 $5,950,000 $119,000 $2,555 5.88%
43% 48 $9,310,000 $193,958 $3,316 4.69%
50-60% 33 $10,895,000 $330,152 $15,590 2.92%
47% 28 $9,560,000 $341,429 $5,446 3.17%
45% 28 $8,610,000 $307,500 $4,597 3.21%
49% 27 $7,265,000 $269,074 $5,891 3.08%
48% 26 $7,580,000 $291,538 $4,388 3.05%
46% 23 $7,355,000 $319,783 $5,164 3.13%
>60% 2 $1,280,000 $640,000 $15,518 2.75%

Home Loan Investment Bank F.s.b. lent most frequently to those with DTI ratios of 30-36%, with 336 originations. The next most common DTI ratio? 20-30%, with 296 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 1,262 $258,200,000 $204,596 $3,526 4.42%
Black 71 $10,315,000 $145,282 $3,152 5.83%
Asian 28 $6,770,000 $241,786 $4,297 3.89%
Not provided 83 $5,695,000 $68,614 $2,228 6.33%
American Indian 13 $835,000 $64,231 $2,307 6.53%
Native Hawaiian 1 $405,000 $405,000 $6,427 3.25%

Approval Rates

Total approvals of all applications
72.02%

Home Loan Investment Bank F.s.b. has a below average approval rate.

Pick Rate

Approvals leading to origination
29.83%

Home Loan Investment Bank F.s.b. has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

Points and Fees

Points Originations Total Value Average Loan
NA 1,458 $282,220,000 $193,567

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
1,458 $282,220,000 $193,567

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 35 $6,245,000 $178,429 $3,633 2.86%
40-60% 158 $43,810,000 $277,278 $3,494 3.02%
60-80% 336 $108,960,000 $324,286 $4,722 3.18%
80-100% 307 $102,015,000 $332,296 $5,807 3.02%
Over 100% 4 $1,720,000 $430,000 $14,004 2.78%
Under 20% 3 $365,000 $121,667 $4,988 3.08%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
Home Loan Center, Inc. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 9 81.8%
Home Loan Center, Inc. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 9.1%
Home Loan Center, Inc. Other type of mortgage Closing on a mortgage 1 9.1%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Home Loan Investment Bank, F.S.B. 1 Home Loan Plz, Ste 3 Warwick, RI 2886 Full Service B&M $0
Home Loan Investment Bank, F.S.B. 40 Airport Road Warwick, RI 2889 Full Service B&M $314,454

For 2021, Home Loan Investment Bank F.s.b. had 2 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $20,296
Net interest income $15,090
Total noninterest income $18,132
Gross Fiduciary activities income $0
Service charges on deposit accounts $3
Trading account gains and fees $0
Additional Noninterest Income $18,129
Pre-tax net operating income $15,256
Securities gains (or losses, -) $0
Income before extraordinary items $15,256
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $15,256
Minority interest net income $0
Net income $15,256
Sale, conversion, retirement of capital stock, net $0
Net operating income $15,256

Home Loan Investment Bank F.s.b.'s gross interest income from loans was $20,296,000.
Home Loan Investment Bank F.s.b.'s net interest income from loans was $15,090,000.
Home Loan Investment Bank F.s.b.'s fee based income from loans was $3,000.
Home Loan Investment Bank F.s.b.'s net income from loans was $15,256,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $5,206
Provision for credit losses $740
Total noninterest expense $17,226
Salaries and employee benefits $9,822
Premises and equipment expense $831
Additional noninterest expense $6,573
Applicable income taxes $0
Net charge-offs $1,150
Cash dividends $14,576

Home Loan Investment Bank F.s.b.'s interest expense for loans was $5,206,000.
Home Loan Investment Bank F.s.b.'s payroll and benefits expense were $9,822,000.
Home Loan Investment Bank F.s.b.'s property, plant and equipment expenses $831,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 1.0%
Real Estate loans 1.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 0.0%
Multifamily residential loans 0.0%
1-4 family residential loans 1.0%
HELOC loans 0.0%
All other family 1.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 1.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $298,822
Deposits held in domestic offices $298,822
Deposits by Individuals, partnerships, and corporations $269,849
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $0
Deposits by Commercial banks and other depository institutions in U.S. $28,973
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $26,319
Demand deposits $26,319
Nontransaction accounts $272,503
Money market deposit accounts (MMDAs) $0
Other savings deposits (excluding MMDAs) $67,389
Total time deposits $205,115
Total time and savings deposits $272,503
Noninterest-bearing deposits $12,888
Interest-bearing deposits $285,934
Retail deposits $239,719
IRAs and Keogh plan accounts $29,127
Brokered deposits $35,681
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $339,245
Cash & Balances due from depository institutions $65,667
Interest-bearing balances $65,384
Total securities $808
Federal funds sold & reverse repurchase $0
Net loans and leases $256,683
Loan and leases loss allowance $7,501
Trading account assets $0
Bank premises and fixed assets $5,787
Other real estate owned $371
Goodwill and other intangibles $4,617
All other assets $5,312

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $339,245
Total Liabilities $301,212
Total deposits $298,822
Interest-bearing deposits $285,934
Deposits held in domestic offices $298,822
% insured (estimated) $92
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $0
Subordinated debt $0
All other liabilities $2,390

Issued Loan Types

Type Value (in 000's)
Net loans and leases $256,683
Loan and leases loss allowance $7,501
Total loans and leases (domestic) $264,184
All real estate loans $176,374
Real estate loans in domestic offices $176,374
Construction and development loans $0
Residential 1-4 family construction $0
Other construction, all land development and other land $0
Loans secured by nonfarm nonresidential properties $69,937
Nonfarm nonresidential secured by owner-occupied properties $66,792
Commercial real estate & other non-farm, non-residential $3,145
Multifamily residential real estate $187
1-4 family residential loans $106,250
Farmland loans $0
Loans held in foreign offices $0
Farm loans $354
Commercial and industrial loans $2,617
To non-U.S. addressees $0
Loans to individuals $84,839
Credit card loans $0
Related Plans $0
Consumer Auto Loans $57,835
Other loans to individuals $27,004
All other loans & leases $0
Loans to foreign governments and official institutions $0
Other loans $0
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $0
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $7,582
Non 1-4 family restructured loans & leases $1,936
Total loans and leases (foreign) $0

Home Loan Investment Bank F.S.B. had $256,683,000 of loans outstanding in 2021. $176,374,000 of loans were in real estate loans. $0 of loans were in development loans. $187,000 of loans were in multifamily mortgage loans. $106,250,000 of loans were in 1-4 family mortgage loans. $354,000 of loans were in farm loans. $0 of loans were in credit card loans. $57,835,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 184 $69,937 $380,092
Nonfarm, nonresidential loans - <$100k 5 $45 $9,000
Nonfarm, nonresidential loans - $100-250k 18 $794 $44,111
Nonfarm, nonresidential loans - $250k-1MM 161 $69,098 $429,180
Commercial & Industrial, US addressed loans - <$1MM 19 $2,617 $137,737
Commercial & Industrial, US addressed loans - <$100k 14 $376 $26,857
Commercial & Industrial, US addressed loans - $100-250k 4 $535 $133,750
Commercial & Industrial, US addressed loans - $250k-1MM 1 $1,706 $1,706,000
Agriculture operations loans - <$1MM 1 $354 $354,000
Agriculture operations loans - $250k-1MM 1 $354 $354,000