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 Cash Out Refi and Home Purchase loans. Windosr Federal Savings & Loan Association has a high proportion of conventional loans. Their top markets by origination volume include: Hartford, Springfield, Torrington, Norwich, and Worcester among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

Windosr Federal Savings & Loan Association has an 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

220

Origination Dollar Volume (All Markets)

$52,440,000

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)	205	$35,445,000	$172,902	$0	0.00%
SPRINGFIELD, MA (FHA\|USDA\|VA)	9	$15,025,000	$1,669,444	$0	0.00%
Torrington, CT (FHA\|USDA\|VA)	4	$1,170,000	$292,500	$0	0.00%
NORWICH-NEW LONDON, CT (FHA\|USDA\|VA)	1	$545,000	$545,000	$0	0.00%
WORCESTER, MA-CT (FHA\|USDA\|VA)	1	$255,000	$255,000	$0	0.00%

Windosr Federal Savings & Loan Association's top markets include Hartford, Springfield, Torrington, Norwich, 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	220	$52,440,000	$238,364	$0	0.00%

For 2022, Windosr Federal Savings & Loan Association's most frequently originated type of loan was Conventional, with 220 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Other	67	$6,225,000	$92,910	$0	0.00%
Cash Out Refi	64	$12,000,000	$187,500	$0	0.00%
Home Purchase	63	$29,385,000	$466,429	$0	0.00%
Refi	22	$3,800,000	$172,727	$0	0.00%
Home Improvement	4	$1,030,000	$257,500	$0	0.00%

For 2022, Windosr Federal Savings & Loan Association's most frequently cited loan purpose was Other, with 67 originations. The 2nd most popular reason was Cash Out Refi, with 64 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	220	$52,440,000	$238,364	$0	0.00%

For 2022, Windosr Federal Savings & Loan Association's most frequently cited loan duration was Other, with 220 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	75	$19,545,000	$260,600	$0	0.00%
$100,000 or less	74	$3,800,000	$51,351	$0	0.00%
$100k-200k	55	$8,635,000	$157,000	$0	0.00%
$400k-600k	12	$5,800,000	$483,333	$0	0.00%
$600k-1MM	3	$2,055,000	$685,000	$0	0.00%
$1MM+	1	$12,605,000	$12,605,000	$0	0.00%

2022 saw Windosr Federal Savings & Loan Association place emphasis on $200k-400k loans with 75 originations, totaling $19,545,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	55	$11,135,000	$202,455	$0	0.00%
$75k-100k	45	$6,255,000	$139,000	$0	0.00%
$150k-250k	41	$9,605,000	$234,268	$0	0.00%
$50k-75k	40	$6,000,000	$150,000	$0	0.00%
$50k or less	19	$1,935,000	$101,842	$0	0.00%
$250k+	11	$2,735,000	$248,636	$0	0.00%

Windosr Federal Savings & Loan Association lent most frequently to those with incomes in the $100k-150k range, with 55 originations. The second most popular income band? $75k-100k, with 45 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	220	$52,440,000	$238,364	$0	0.00%

Windosr Federal Savings & Loan Association lent most frequently to those with DTI ratios of Exempt%, with 220 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	135	$25,645,000	$189,963	$0	0.00%
Not applicable	9	$14,775,000	$1,641,667	$0	0.00%
Black	32	$5,350,000	$167,188	$0	0.00%
Not provided	28	$3,270,000	$116,786	$0	0.00%
Asian	12	$2,310,000	$192,500	$0	0.00%
Asian Indian	3	$1,065,000	$355,000	$0	0.00%
Other Asian	1	$25,000	$25,000	$0	0.00%

Approval Rates

Total approvals of all applications
87.70%

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

Pick Rate

Approvals leading to origination
85.91%

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

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	220	$52,440,000	$238,364

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	220	$52,440,000	$238,364