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

Jump to:

Mortgage 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.

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.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


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