Eagle Savings Bank Mortgage Rates, Fees & Info

Cincinnati, OH

LEI: 549300O12EJ1HE3YIK24

Tax ID: 31-0411290

5 stars - out of 5 stars, based on 15 reviews

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

  • SimulatedRates™
  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Eagle Savings Bank is a smaller bank specializing in loans. Eagle Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Cincinnati, Naples, Washington, Holland, and Columbus among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Eagle Savings Bank 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. Eagle Savings Bank is typically a low 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 about average 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.

    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.


    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.51% 3/27/23
    30 Year Conventional Refi 6.24% 3/27/23
    30 Year Cash-out Refi 6.50% 3/27/23
    30 Year FHA Purchase 6.27% 3/27/23
    15 Year Conventional Purchase 5.90% 3/27/23
    15 Year Conventional Refi 5.97% 3/27/23
    15 Year Cash-out Refi 5.97% 3/27/23
    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.


    Originations

    228

    Origination Dollar Volume (All Markets)

    $64,610,000

    Awards

    Eagle Savings Bank 30 Year Conventional Loans silver Eagle Savings Bank 30 Year Conventional Loans silver Eagle Savings Bank 30 Year Conventional Loans bronze Eagle Savings Bank 30 Year Conventional Loans bronze
    Show all (4) awards

    Relative Rate

    Eagle Savings Bank's average 30 year fixed mortgage rate was 4.92%.

    The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

    This yields a difference of 0.16%.

    Relative Fees (Closing Costs)

    Eagle Savings Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $2,612.

    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 $4,750.

    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
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 223 $63,025,000 $282,623 $2,431 4.87%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $475,000 $475,000 $5,442 3.63%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $465,000 $465,000 $5,142 7.00%
    Holland, MI (FHA|USDA|VA) 1 $405,000 $405,000 $4,310 6.75%
    COLUMBUS, OH (FHA|USDA|VA) 1 $125,000 $125,000 $1,754 3.38%
    Outside of Metro Areas 1 $115,000 $115,000 $0 3.38%
    Eagle Savings Bank's top markets include Cincinnati, Naples, Washington, Holland, and Columbus among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Eagle Savings Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    CINFED Federal Credit Union
    Similarity Rank: 288
    Eagle Savings Bank
    Similarity Rank: 384
    OCEANSIDE MORTGAGE COMPANY
    Similarity Rank: 840
    RIVER VALLEY CREDIT UNION, INC.
    Similarity Rank: 860
    SIBCY CLINE MORTGAGE SERVICES, INC.
    Similarity Rank: 928
    Sharefax Credit Union
    Similarity Rank: 1010
    Somerville Bank
    Similarity Rank: 1071
    LCNB National Bank
    Similarity Rank: 1176
    The Friendship State Bank
    Similarity Rank: 1197
    The North Side Bank & Trust Company
    Similarity Rank: 1230

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 228 $64,610,000 $283,377 $2,452 4.87%

    For 2022, Eagle Savings Bank's most frequently originated type of loan was Conventional, with 228 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 187 $56,535,000 $302,326 $2,683 4.95%
    Cash Out Refi 28 $5,970,000 $213,214 $1,181 4.78%
    Refi 13 $2,105,000 $161,923 $2,063 3.89%

    For 2022, Eagle Savings Bank's most frequently cited loan purpose was Home Purchase, with 187 originations. The 2nd most popular reason was Cash Out Refi, with 28 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 179 $49,475,000 $276,397 $2,612 4.92%
    15 Year 21 $3,265,000 $155,476 $1,791 4.18%
    Other 15 $3,615,000 $241,000 $1,101 5.34%
    30+ year 9 $7,785,000 $865,000 $5,388 4.71%
    5 Year 3 $345,000 $115,000 $1,967 5.58%
    10 Year 1 $125,000 $125,000 $1,795 2.50%

    For 2022, Eagle Savings Bank's most frequently cited loan duration was 30 Year, with 179 originations. The 2nd most popular length was 15 Year, with 21 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 187 $47,135,000 $252,059
    $1k-2k 27 $7,645,000 $283,148
    $2k-3k 9 $5,065,000 $562,778
    $3k-4k 1 $505,000 $505,000
    $4k-5k 1 $495,000 $495,000
    $5k+ 1 $3,205,000 $3,205,000

    Eagle Savings Bank's average total fees were $2,612, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 187 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 92 $27,640,000 $300,435
    4-5% 50 $15,750,000 $315,000
    3-4% 48 $13,220,000 $275,417
    6-7% 23 $5,915,000 $257,174
    2.5-3% 10 $1,620,000 $162,000
    <2.5% 3 $335,000 $111,667
    7-8% 2 $130,000 $65,000

    During 2022, Eagle Savings Bank's average interest rate for loans was 4.92%, while their most frequently originated rate bucket for loans was 5-6%, with 92 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 100 $28,510,000 $285,100 $2,450 5.01%
    $100k-200k 67 $10,125,000 $151,119 $2,293 4.60%
    $100,000 or less 24 $1,870,000 $77,917 $1,812 5.06%
    $400k-600k 24 $11,460,000 $477,500 $2,980 4.84%
    $600k-1MM 10 $6,930,000 $693,000 $3,409 5.01%
    $1MM+ 3 $5,715,000 $1,905,000 $6,419 4.63%

    2022 saw Eagle Savings Bank place emphasis on $200k-400k loans with 100 originations, totaling $28,510,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 57 $13,855,000 $243,070 $2,234 4.94%
    $150k-250k 55 $19,665,000 $357,545 $2,603 4.91%
    $50k-75k 39 $6,705,000 $171,923 $2,473 4.96%
    $75k-100k 35 $7,255,000 $207,286 $2,113 4.45%
    $50k or less 22 $3,050,000 $138,636 $2,447 4.93%
    $250k+ 19 $13,615,000 $716,579 $3,441 5.09%

    Eagle Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 57 originations. The second most popular income band? $150k-250k, with 55 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 67 $17,465,000 $260,672 $2,497 4.81%
    30-36% 55 $18,385,000 $334,273 $2,575 5.07%
    <20% 29 $5,105,000 $176,034 $2,085 4.25%
    39% 13 $3,525,000 $271,154 $1,885 5.09%
    42% 11 $3,555,000 $323,182 $2,685 5.16%
    40% 10 $3,030,000 $303,000 $2,987 4.25%
    41% 9 $2,625,000 $291,667 $2,436 5.28%
    37% 9 $2,085,000 $231,667 $2,406 5.47%
    36% 7 $3,355,000 $479,286 $2,682 4.50%
    47% 5 $865,000 $173,000 $2,169 5.53%
    38% 3 $1,495,000 $498,333 $2,927 4.21%
    45% 3 $1,025,000 $341,667 $2,942 4.71%
    46% 2 $460,000 $230,000 $2,165 5.50%
    43% 2 $390,000 $195,000 $3,021 5.25%
    50-60% 1 $265,000 $265,000 $900 6.25%
    44% 1 $515,000 $515,000 $900 5.38%

    Eagle Savings Bank lent most frequently to those with DTI ratios of 20-30%, with 67 originations. The next most common DTI ratio? 30-36%, with 55 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 219 $61,805,000 $282,215 $2,435 4.86%
    Not provided 5 $1,445,000 $289,000 $2,875 4.80%
    Black 4 $1,360,000 $340,000 $2,777 5.53%

    Approval Rates

    Total approvals of all applications
    98.58%

    Eagle Savings Bank 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
    78.95%

    Eagle Savings Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 228 $64,610,000 $283,377

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    228 $64,610,000 $283,377

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 6 $830,000 $138,333 $1,726 4.13%
    40-60% 21 $3,635,000 $173,095 $2,188 4.17%
    60-80% 84 $22,900,000 $272,619 $2,482 4.91%
    80-100% 114 $37,080,000 $325,263 $2,576 4.99%
    Under 20% 3 $165,000 $55,000 $401 5.83%