Blueharbor Bank Mortgage Rates, Fees & Info
Mooresville, NCLEI: 549300MW4XR7DUGZXU81
Tax ID: 26-1665679
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Blueharbor Bank is a smaller bank specializing in Home Purchase and Refi loans. Blueharbor Bank has a high proportion of conventional loans. Their top markets by origination volume include: Charlotte, Albemarle, Myrtle Beach, Mount Airy, and Durham among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Blueharbor 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.
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
56Origination Dollar Volume (All Markets)
$13,660,000Top 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 |
|---|---|---|---|---|---|
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 49 | $11,915,000 | $243,163 | $0 | 0.00% |
| Albemarle, NC (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| Mount Airy, NC (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $0 | 0.00% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $85,000 | $85,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 56 | $13,660,000 | $243,929 | $0 | 0.00% |
For 2018, Blueharbor Bank's most frequently originated type of loan was Conventional, with 56 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 43 | $8,735,000 | $203,140 | $0 | 0.00% |
| Refi | 12 | $4,510,000 | $375,833 | $0 | 0.00% |
| Home Improvement | 1 | $415,000 | $415,000 | $0 | 0.00% |
For 2018, Blueharbor Bank's most frequently cited loan purpose was Home Purchase, with 43 originations. The 2nd most popular reason was Refi, with 12 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 56 | $13,660,000 | $243,929 | $0 | 0.00% |
For 2018, Blueharbor Bank's most frequently cited loan duration was Other, with 56 originations.
Loan Sizing
2018 saw Blueharbor Bank place emphasis on $100k-200k loans with 18 originations, totaling $2,450,000 in origination value.
Applicant Income
Blueharbor Bank lent most frequently to those with incomes in the $150k-250k range, with 7 originations. The second most popular income band? $50k-75k, with 6 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 56 | $13,660,000 | $243,929 | $0 | 0.00% |
Blueharbor Bank lent most frequently to those with DTI ratios of Exempt%, with 56 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications80.68%
Blueharbor Bank has a below average approval rate.
Pick Rate
Approvals leading to origination80.36%
Blueharbor Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 56 | $13,660,000 | $243,929 |