Rondout Savings Bank Mortgage Rates, Fees & Info
Kingston, NYLEI: 549300ODXRVTZ21MSR34
Tax ID: 14-1012960
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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 New York 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
303Origination Dollar Volume (All Markets)
$113,695,000Top 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) | 224 | $81,360,000 | $363,214 | $0 | 0.00% |
| Outside of Metro Areas | 43 | $14,235,000 | $331,047 | $0 | 0.00% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 25 | $11,385,000 | $455,400 | $0 | 0.00% |
| Hudson, NY (FHA|USDA|VA) | 6 | $4,780,000 | $796,667 | $0 | 0.00% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 3 | $1,215,000 | $405,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| GLENS FALLS, NY (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 303 | $113,695,000 | $375,231 | $0 | 0.00% |
For 2022, Rondout Savings Bank's most frequently originated type of loan was Conventional, with 303 originations.
Loan Reason
For 2022, Rondout Savings Bank's most frequently cited loan purpose was Home Purchase, with 203 originations. The 2nd most popular reason was Cash Out Refi, with 46 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 303 | $113,695,000 | $375,231 | $0 | 0.00% |
For 2022, Rondout Savings Bank's most frequently cited loan duration was Other, with 303 originations.
Loan Sizing
2022 saw Rondout Savings Bank place emphasis on $200k-400k loans with 134 originations, totaling $39,040,000 in origination value.
Applicant Income
Rondout Savings Bank lent most frequently to those with incomes in the $150k-250k range, with 84 originations. The second most popular income band? $100k-150k, with 73 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 303 | $113,695,000 | $375,231 | $0 | 0.00% |
Rondout Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 303 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.91%
Rondout Savings Bank has an average approval rate.
Pick Rate
Approvals leading to origination79.21%
Rondout Savings Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 303 | $113,695,000 | $375,231 |