Rondout Savings Bank Mortgage Rates, Fees & Info
Kingston, NYLEI: 549300ODXRVTZ21MSR34
Tax ID: 14-1012960
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Mortgage Data
Review & Overview
Rondout Savings Bank is a smaller bank specializing in Home Purchase loans. Rondout Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Kingston, Poughkeepsie, Hudson, Albany, and Oneonta among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Rondout 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.
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Originations
139Origination Dollar Volume (All Markets)
$55,885,000Top 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 |
|---|---|---|---|---|---|
| KINGSTON, NY (FHA|USDA|VA) | 102 | $35,450,000 | $347,549 | $0 | 0.00% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 17 | $12,855,000 | $756,176 | $0 | 0.00% |
| Outside of Metro Areas | 12 | $4,200,000 | $350,000 | $0 | 0.00% |
| Hudson, NY (FHA|USDA|VA) | 4 | $2,340,000 | $585,000 | $0 | 0.00% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $0 | 0.00% |
| Oneonta, NY (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| GLENS FALLS, NY (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 139 | $55,885,000 | $402,050 | $0 | 0.00% |
For 2023, Rondout Savings Bank's most frequently originated type of loan was Conventional, with 139 originations.
Loan Reason
For 2023, Rondout Savings Bank's most frequently cited loan purpose was Home Purchase, with 106 originations. The 2nd most popular reason was Other, with 19 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 139 | $55,885,000 | $402,050 | $0 | 0.00% |
For 2023, Rondout Savings Bank's most frequently cited loan duration was Other, with 139 originations.
Loan Sizing
2023 saw Rondout Savings Bank place emphasis on $200k-400k loans with 58 originations, totaling $16,390,000 in origination value.
Applicant Income
Rondout Savings Bank lent most frequently to those with incomes in the $250k+ range, with 40 originations. The second most popular income band? $100k-150k, with 32 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 139 | $55,885,000 | $402,050 | $0 | 0.00% |
Rondout Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 139 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.22%
Rondout Savings Bank has an average approval rate.
Pick Rate
Approvals leading to origination72.66%
Rondout Savings Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 139 | $55,885,000 | $402,050 |