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

Windsor, CT

LEI: 549300MKO88C3VZKD418

Tax ID: 06-0592775

Latest/2024 | 2023 Data | 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: Springfield, Barnstable Town, and Worcester among others. We have data for 4 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

146

Origination Dollar Volume (All Markets)

$33,370,000

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
Outside of Metro Areas	134	$29,240,000	$218,209	$0	0.00%
SPRINGFIELD, MA (FHA\|USDA\|VA)	10	$2,620,000	$262,000	$0	0.00%
BARNSTABLE TOWN, MA (FHA\|USDA\|VA)	1	$845,000	$845,000	$0	0.00%
WORCESTER, MA-CT (FHA\|USDA\|VA)	1	$665,000	$665,000	$0	0.00%

Windosr Federal Savings & Loan Association's top markets include Springfield, Barnstable Town, and Worcester among others.

Their top states include:

Connecticut (FHA|USDA|VA)

Massachusetts (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	146	$33,370,000	$228,562	$0	0.00%

For 2024, Windosr Federal Savings & Loan Association's most frequently originated type of loan was Conventional, with 146 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	72	$23,420,000	$325,278	$0	0.00%
Other	37	$4,105,000	$110,946	$0	0.00%
Cash Out Refi	25	$4,215,000	$168,600	$0	0.00%
Home Improvement	10	$1,080,000	$108,000	$0	0.00%
Refi	2	$550,000	$275,000	$0	0.00%

For 2024, Windosr Federal Savings & Loan Association's most frequently cited loan purpose was Home Purchase, with 72 originations. The 2nd most popular reason was Other, with 37 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	146	$33,370,000	$228,562	$0	0.00%

For 2024, Windosr Federal Savings & Loan Association's most frequently cited loan duration was Other, with 146 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	44	$12,370,000	$281,136	$0	0.00%
$100,000 or less	41	$2,065,000	$50,366	$0	0.00%
$100k-200k	38	$5,890,000	$155,000	$0	0.00%
$400k-600k	14	$6,780,000	$484,286	$0	0.00%
$600k-1MM	9	$6,265,000	$696,111	$0	0.00%

2024 saw Windosr Federal Savings & Loan Association place emphasis on $200k-400k loans with 44 originations, totaling $12,370,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$150k-250k	38	$9,590,000	$252,368	$0	0.00%
$100k-150k	28	$5,120,000	$182,857	$0	0.00%
$75k-100k	26	$4,330,000	$166,538	$0	0.00%
$50k-75k	24	$3,790,000	$157,917	$0	0.00%
$250k+	14	$6,670,000	$476,429	$0	0.00%
$50k or less	9	$915,000	$101,667	$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 28 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	146	$33,370,000	$228,562	$0	0.00%

Windosr Federal Savings & Loan Association lent most frequently to those with DTI ratios of Exempt%, with 146 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	77	$17,315,000	$224,870	$0	0.00%
Black	32	$6,630,000	$207,188	$0	0.00%
Not provided	23	$4,765,000	$207,174	$0	0.00%
Not applicable	7	$2,955,000	$422,143	$0	0.00%
Asian	5	$1,545,000	$309,000	$0	0.00%
Other Pacific Islander	1	$125,000	$125,000	$0	0.00%
American Indian	1	$35,000	$35,000	$0	0.00%

Approval Rates

Total approvals of all applications
97.61%

Windosr Federal Savings & Loan Association 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
67.81%

Windosr Federal Savings & Loan Association 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
Exempt	146	$33,370,000	$228,562

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	146	$33,370,000	$228,562