Dollar Bank Federal Savings Bank Mortgage Rates, Fees & Info
Pittsburgh, PALEI: 549300MSU5WVAU4ZN645
Tax ID: 25-0444380
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Mortgage Data
Review & Overview
Dollar Bank Federal Savings Bank is a smaller bank specializing in Home Improvement and Home Purchase loans. Dollar Bank Federal Savings Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Pittsburgh, Cleveland, Chicago, Charlotte, and Washington among others. We have data for 106 markets. (Some data included below & more in-depth data is available with an active subscription.)Dollar Bank Federal Savings Bank 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. Dollar Bank Federal Savings Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.
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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.16% | 12/16/24 |
| 30 Year Conventional Purchase | 6.19% | 12/16/24 |
| 30 Year Conventional Refi | 6.16% | 12/16/24 |
| 30 Year Cash-out Refi | 6.16% | 12/16/24 |
| 30 Year FHA Purchase | 7.17% | 12/16/24 |
| 30 Year FHA Refi | 6.75% | 12/16/24 |
| 30 Year VA Purchase | 6.13% | 12/16/24 |
| 30 Year VA Refi | 5.86% | 12/16/24 |
| 15 Year Conventional Purchase | 5.55% | 12/16/24 |
| 15 Year Conventional Refi | 6.00% | 12/16/24 |
| 15 Year Cash-out Refi | 6.00% | 12/16/24 |
| 15 Year FHA Purchase | 6.84% | 12/16/24 |
| 15 Year FHA Refi | 5.68% | 12/16/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Dollar Bank Federal Savings Bank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
4,220Origination Dollar Volume (All Markets)
$921,080,000Awards
Dollar Bank Federal Savings Bank - 2023
Dollar Bank Federal Savings Bank is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Dollar Bank Federal Savings Bank's average 30 year fixed mortgage rate was
6.62%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.14%.
Relative Fees (Closing Costs)
Dollar Bank Federal Savings Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $6,438.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $9,089.
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 |
|---|---|---|---|---|---|
| PITTSBURGH, PA (FHA|USDA|VA) | 2,574 | $437,760,000 | $170,070 | $1,211 | 7.04% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 897 | $96,545,000 | $107,631 | $1,311 | 7.10% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 16 | $39,620,000 | $2,476,250 | $8,098 | 6.69% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 39 | $32,455,000 | $832,179 | $7,436 | 6.53% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 33 | $32,355,000 | $980,455 | $11,765 | 6.62% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 168 | $28,260,000 | $168,214 | $2,655 | 7.22% |
| COLUMBUS, OH (FHA|USDA|VA) | 9 | $17,945,000 | $1,993,889 | $5,716 | 7.02% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 20 | $17,020,000 | $851,000 | $14,508 | 6.69% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 16 | $15,140,000 | $946,250 | $6,272 | 6.43% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 14 | $13,590,000 | $970,714 | $4,927 | 7.01% |
| Jackson, WY-ID (FHA|USDA|VA) | 4 | $13,170,000 | $3,292,500 | $6,738 | 7.34% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 13 | $12,485,000 | $960,385 | $4,373 | 6.68% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 14 | $11,650,000 | $832,143 | $7,118 | 6.64% |
| AKRON, OH (FHA|USDA|VA) | 59 | $9,475,000 | $160,593 | $1,532 | 7.17% |
| Outside of Metro Areas | 28 | $7,840,000 | $280,000 | $5,075 | 7.05% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 9 | $7,305,000 | $811,667 | $10,299 | 6.26% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 8 | $7,130,000 | $891,250 | $6,327 | 6.59% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 15 | $6,905,000 | $460,333 | $8,107 | 6.78% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 10 | $6,870,000 | $687,000 | $8,384 | 6.50% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 3 | $6,475,000 | $2,158,333 | $12,561 | 8.13% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 7 | $5,885,000 | $840,714 | $8,256 | 6.36% |
| BOULDER, CO (FHA|USDA|VA) | 5 | $5,665,000 | $1,133,000 | $7,592 | 6.20% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 5 | $4,755,000 | $951,000 | $4,045 | 7.08% |
| RICHMOND, VA (FHA|USDA|VA) | 6 | $4,720,000 | $786,667 | $9,909 | 7.33% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 4 | $4,590,000 | $1,147,500 | $4,550 | 6.94% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 4 | $4,360,000 | $1,090,000 | $10,260 | 6.34% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 5 | $3,885,000 | $777,000 | $10,811 | 7.53% |
| ASHEVILLE, NC (FHA|USDA|VA) | 5 | $3,505,000 | $701,000 | $7,492 | 7.12% |
| FORT COLLINS, CO (FHA|USDA|VA) | 4 | $3,320,000 | $830,000 | $7,147 | 6.41% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 3 | $3,105,000 | $1,035,000 | $9,208 | 7.13% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 32 | $3,100,000 | $96,875 | $1,650 | 7.26% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 4 | $3,010,000 | $752,500 | $8,888 | 6.91% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 21 | $2,845,000 | $135,476 | $2,407 | 7.08% |
| BRUNSWICK, GA (FHA|USDA|VA) | 5 | $2,655,000 | $531,000 | $8,816 | 6.30% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 24 | $2,520,000 | $105,000 | $801 | 7.03% |
| SPARTANBURG, SC (FHA|USDA|VA) | 8 | $2,510,000 | $313,750 | $7,977 | 6.64% |
| VALDOSTA, GA (FHA|USDA|VA) | 7 | $2,265,000 | $323,571 | $6,704 | 6.43% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 2 | $1,830,000 | $915,000 | $13,522 | 6.44% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 2 | $1,760,000 | $880,000 | $0 | 8.00% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $1,385,000 | $1,385,000 | $6,400 | 6.88% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 3 | $1,325,000 | $441,667 | $7,667 | 7.54% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 4 | $1,300,000 | $325,000 | $4,310 | 7.05% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $1,150,000 | $575,000 | $12,961 | 7.44% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $1,105,000 | $1,105,000 | $13,325 | 7.38% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 1 | $1,085,000 | $1,085,000 | $5,085 | 6.75% |
| Norwalk, OH (FHA|USDA|VA) | 3 | $1,055,000 | $351,667 | $7,345 | 6.67% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $885,000 | $885,000 | $8,110 | 7.63% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $7,392 | 6.75% |
| Warsaw, IN (FHA|USDA|VA) | 1 | $845,000 | $845,000 | $3,348 | 7.00% |
| Beaver Dam, WI (FHA|USDA|VA) | 1 | $835,000 | $835,000 | $2,663 | 6.50% |
| TOLEDO, OH (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $6,645 | 6.63% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $815,000 | $815,000 | $14,456 | 6.88% |
| Newberry, SC (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $8,208 | 6.75% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $16,298 | 7.38% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $795,000 | $795,000 | $5,809 | 6.75% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 1 | $785,000 | $785,000 | $7,100 | 6.75% |
| New Castle, PA (FHA|USDA|VA) | 10 | $780,000 | $78,000 | $2,321 | 6.73% |
| Wooster, OH (FHA|USDA|VA) | 5 | $755,000 | $151,000 | $1,603 | 6.90% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $15,388 | 6.00% |
| Tifton, GA (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $7,631 | 6.38% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $5,761 | 6.00% |
| St. Marys, GA (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $7,714 | 7.31% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $5,497 | 6.25% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $14,870 | 6.88% |
| Somerset, PA (FHA|USDA|VA) | 4 | $650,000 | $162,500 | $1,960 | 7.42% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $5,856 | 6.63% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $9,169 | 7.13% |
| FARGO, ND-MN (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $3,091 | 6.25% |
| Sandusky, OH (FHA|USDA|VA) | 6 | $610,000 | $101,667 | $3,413 | 6.59% |
| Indiana, PA (FHA|USDA|VA) | 7 | $595,000 | $85,000 | $705 | 6.46% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $6,333 | 6.75% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $6,243 | 6.38% |
| New Philadelphia-Dover, OH (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $3,173 | 6.95% |
| Gaffney, SC (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $7,035 | 7.25% |
| Forest City, NC (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $7,425 | 6.44% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 7.38% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $7,798 | 6.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 8.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $11,613 | 7.25% |
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 8.25% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $3,005 | 6.40% |
| WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 4 | $280,000 | $70,000 | $0 | 6.64% |
| NILES, MI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 6.50% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,181 | 6.38% |
| Elizabeth City, NC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,712 | 7.63% |
| Salem, OH (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $3,502 | 7.26% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 8.50% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,863 | 6.38% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,302 | 6.63% |
| Oil City, PA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,515 | 6.13% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,243 | 6.99% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,008 | 6.50% |
| Zanesville, OH (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $0 | 8.50% |
| ALTOONA, PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,145 | 7.00% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $0 | 7.94% |
| Meadville, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 7.00% |
| Bucyrus-Galion, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 6.84% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 7.74% |
| Ashland, OH (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $3,074 | 6.63% |
| LIMA, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 7.24% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,676 | 6.75% |
| WHEELING, WV-OH (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 7.34% |
| Ashtabula, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 7.75% |
| Mount Vernon, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 8.24% |
| Pottsville, PA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,096 | 7.50% |
| ERIE, PA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 8.34% |
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We use machine learning to identify the top lenders compared against Dollar Bank Federal Savings Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2023, Dollar Bank Federal Savings Bank's most frequently originated type of loan was Conventional, with 2,985 originations. Their 2nd most popular type was HELOC, with 1,158 originations.
Loan Reason
For 2023, Dollar Bank Federal Savings Bank's most frequently cited loan purpose was Home Improvement, with 1,315 originations. The 2nd most popular reason was Refi, with 1,085 originations.
Loan Duration/Length
For 2023, Dollar Bank Federal Savings Bank's most frequently cited loan duration was 20 Year, with 1,050 originations. The 2nd most popular length was 30 Year, with 920 originations.
Origination Fees/Closing Costs
Dollar Bank Federal Savings Bank's average total fees were $6,438, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,304 originations.
Interest Rates
During 2023, Dollar Bank Federal Savings Bank's average interest rate for loans was 6.62%, while their most frequently originated rate bucket for loans was 6-7%, with 1,618 originations.
Loan Sizing
2023 saw Dollar Bank Federal Savings Bank place emphasis on $100,000 or less loans with 2,316 originations, totaling $116,310,000 in origination value.
Applicant Income
Dollar Bank Federal Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 879 originations. The second most popular income band? $50k-75k, with 753 originations.
Applicant Debt to Income Ratio
Dollar Bank Federal Savings Bank lent most frequently to those with DTI ratios of 20-30%, with 981 originations. The next most common DTI ratio? 30-36%, with 880 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications77.43%
Dollar Bank Federal Savings Bank has a below average approval rate.
Pick Rate
Approvals leading to origination87.61%
Dollar Bank Federal Savings Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 4,220 | $921,080,000 | $218,265 |