Windosr Federal Savings & Loan Association Mortgage Rates, Fees & Info

Windsor, CT

LEI: 549300MKO88C3VZKD418

Tax ID: 06-0592775

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Review & Overview

Windosr Federal Savings & Loan Association is a smaller mortgage company specializing in Home Purchase loans. Windosr Federal Savings & Loan Association has a high proportion of conventional loans. Their top markets by origination volume include: Hartford, Providence, Springfield, Boston, and Norwich among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

Windosr Federal Savings & Loan Association 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

167

Origination Dollar Volume (All Markets)

$39,765,000

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
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA\|USDA\|VA)	151	$33,475,000	$221,689	$0	0.00%
PROVIDENCE-WARWICK, RI-MA (FHA\|USDA\|VA)	3	$2,645,000	$881,667	$0	0.00%
SPRINGFIELD, MA (FHA\|USDA\|VA)	6	$1,510,000	$251,667	$0	0.00%
Boston-Cambridge-Newton, MA-NH (FHA\|USDA\|VA)	1	$805,000	$805,000	$0	0.00%
NORWICH-NEW LONDON, CT (FHA\|USDA\|VA)	2	$660,000	$330,000	$0	0.00%
NEW HAVEN-MILFORD, CT (FHA\|USDA\|VA)	2	$410,000	$205,000	$0	0.00%
Torrington, CT (FHA\|USDA\|VA)	2	$260,000	$130,000	$0	0.00%

Windosr Federal Savings & Loan Association's top markets include Hartford, Providence, Springfield, Boston, and Norwich among others.

Their top states include:

Connecticut (FHA|USDA|VA)

Rhode Island (FHA|USDA|VA)

Massachusetts (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	167	$39,765,000	$238,114	$0	0.00%

For 2023, Windosr Federal Savings & Loan Association's most frequently originated type of loan was Conventional, with 167 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	74	$28,760,000	$388,649	$0	0.00%
Other	40	$2,460,000	$61,500	$0	0.00%
Cash Out Refi	34	$4,530,000	$133,235	$0	0.00%
Refi	13	$2,205,000	$169,615	$0	0.00%
Home Improvement	6	$1,810,000	$301,667	$0	0.00%

For 2023, Windosr Federal Savings & Loan Association's most frequently cited loan purpose was Home Purchase, with 74 originations. The 2nd most popular reason was Other, with 40 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	167	$39,765,000	$238,114	$0	0.00%

For 2023, Windosr Federal Savings & Loan Association's most frequently cited loan duration was Other, with 167 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100,000 or less	64	$3,180,000	$49,688	$0	0.00%
$200k-400k	55	$15,405,000	$280,091	$0	0.00%
$100k-200k	27	$4,125,000	$152,778	$0	0.00%
$400k-600k	13	$5,795,000	$445,769	$0	0.00%
$1MM+	4	$8,010,000	$2,002,500	$0	0.00%
$600k-1MM	4	$3,250,000	$812,500	$0	0.00%

2023 saw Windosr Federal Savings & Loan Association place emphasis on $100,000 or less loans with 64 originations, totaling $3,180,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$150k-250k	38	$7,790,000	$205,000	$0	0.00%
$100k-150k	35	$5,945,000	$169,857	$0	0.00%
$75k-100k	33	$5,125,000	$155,303	$0	0.00%
$50k-75k	26	$3,860,000	$148,462	$0	0.00%
$250k+	14	$9,060,000	$647,143	$0	0.00%
$50k or less	12	$1,140,000	$95,000	$0	0.00%

Windosr Federal Savings & Loan Association lent most frequently to those with incomes in the $150k-250k range, with 38 originations. The second most popular income band? $100k-150k, with 35 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	167	$39,765,000	$238,114	$0	0.00%

Windosr Federal Savings & Loan Association lent most frequently to those with DTI ratios of Exempt%, with 167 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	106	$23,800,000	$224,528	$0	0.00%
Not applicable	9	$6,845,000	$760,556	$0	0.00%
Black	20	$3,850,000	$192,500	$0	0.00%
Not provided	24	$3,590,000	$149,583	$0	0.00%
Asian	5	$1,325,000	$265,000	$0	0.00%
Vietnamese	1	$225,000	$225,000	$0	0.00%
American Indian	2	$130,000	$65,000	$0	0.00%

Approval Rates

Total approvals of all applications
94.12%

Windosr Federal Savings & Loan Association has an average approval rate.

Pick Rate

Approvals leading to origination
75.45%

Windosr Federal Savings & Loan Association has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	167	$39,765,000	$238,114

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	167	$39,765,000	$238,114