Haven Savings Bank Mortgage Rates, Fees & Info

Hoboken, NJ

LEI: 549300O4MSB4K4FT2E90

Tax ID: 22-0981507

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Haven Savings Bank is a smaller bank specializing in Home Purchase and Refi loans. Haven Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: New York, Allentown, Philadelphia, and Trenton among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Haven Savings Bank has an above average approval rate when compared to the average across all lenders. They have an above 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

    292

    Origination Dollar Volume (All Markets)

    $209,450,000

    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
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 287 $202,515,000 $705,627 $0 0.00%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $3,800,000 $1,900,000 $0 0.00%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $2,055,000 $2,055,000 $0 0.00%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 2 $1,080,000 $540,000 $0 0.00%
    Haven Savings Bank's top markets include New York, Allentown, Philadelphia, and Trenton among others.

    Their top states include:
  • New Jersey (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 292 $209,450,000 $717,295 $0 0.00%

    For 2022, Haven Savings Bank's most frequently originated type of loan was Conventional, with 292 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 183 $113,565,000 $620,574 $0 0.00%
    Refi 107 $95,525,000 $892,757 $0 0.00%
    Home Improvement 1 $335,000 $335,000 $0 0.00%
    Other 1 $25,000 $25,000 $0 0.00%

    For 2022, Haven Savings Bank's most frequently cited loan purpose was Home Purchase, with 183 originations. The 2nd most popular reason was Refi, with 107 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 292 $209,450,000 $717,295 $0 0.00%

    For 2022, Haven Savings Bank's most frequently cited loan duration was Other, with 292 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 89 $27,225,000 $305,899 $0 0.00%
    $400k-600k 84 $42,120,000 $501,429 $0 0.00%
    $600k-1MM 53 $38,835,000 $732,736 $0 0.00%
    $1MM+ 51 $99,205,000 $1,945,196 $0 0.00%
    $100k-200k 13 $1,945,000 $149,615 $0 0.00%
    $100,000 or less 2 $120,000 $60,000 $0 0.00%

    2022 saw Haven Savings Bank place emphasis on $200k-400k loans with 89 originations, totaling $27,225,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 78 $35,480,000 $454,872 $0 0.00%
    $250k+ 56 $36,500,000 $651,786 $0 0.00%
    $100k-150k 50 $16,640,000 $332,800 $0 0.00%
    $75k-100k 21 $6,165,000 $293,571 $0 0.00%
    $50k-75k 12 $2,040,000 $170,000 $0 0.00%
    $50k or less 1 $125,000 $125,000 $0 0.00%

    Haven Savings Bank lent most frequently to those with incomes in the $150k-250k range, with 78 originations. The second most popular income band? $250k+, with 56 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 292 $209,450,000 $717,295 $0 0.00%

    Haven Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 292 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 73 $112,475,000 $1,540,753 $0 0.00%
    White 152 $64,850,000 $426,645 $0 0.00%
    Not provided 31 $14,275,000 $460,484 $0 0.00%
    Asian 25 $12,225,000 $489,000 $0 0.00%
    Black 5 $2,475,000 $495,000 $0 0.00%
    Asian Indian 4 $2,170,000 $542,500 $0 0.00%
    Other Asian 1 $525,000 $525,000 $0 0.00%
    Chinese 1 $455,000 $455,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.28%

    Haven 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
    92.81%

    Haven Savings Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 292 $209,450,000 $717,295

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    292 $209,450,000 $717,295