The Muncy Bank And Trust Company Mortgage Rates, Fees & Info

Muncy, PA

LEI: 549300P4SRSJ2Z85RM43

Tax ID: 24-0670470

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • 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

    The Muncy Bank And Trust Company is a smaller bank specializing in Home Purchase and Refi loans. The Muncy Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Williamsport, Lock Haven, Bloomsburg, Sunbury, and Johnstown among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Muncy Bank And Trust Company 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. The Muncy Bank And Trust Company 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 relatively high 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.

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    Originations

    483

    Origination Dollar Volume (All Markets)

    $66,075,000

    Awards

    The Muncy Bank and Trust Company 30 Year Conventional Loans silver The Muncy Bank and Trust Company 30 Year Conventional Loans silver
    Show all (2) awards

    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
    WILLIAMSPORT, PA (FHA|USDA|VA) 336 $43,710,000 $130,089 $2,978 6.79%
    Lock Haven, PA (FHA|USDA|VA) 62 $8,640,000 $139,355 $2,667 7.91%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 23 $3,055,000 $132,826 $3,001 6.80%
    Sunbury, PA (FHA|USDA|VA) 22 $2,730,000 $124,091 $2,557 7.32%
    Outside of Metro Areas 12 $2,260,000 $188,333 $2,536 7.48%
    JOHNSTOWN, PA (FHA|USDA|VA) 3 $975,000 $325,000 $0 7.25%
    Lewisburg, PA (FHA|USDA|VA) 5 $885,000 $177,000 $2,943 7.18%
    STATE COLLEGE, PA (FHA|USDA|VA) 6 $820,000 $136,667 $2,801 7.63%
    Pottsville, PA (FHA|USDA|VA) 1 $505,000 $505,000 $4,982 7.75%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $420,000 $210,000 $3,354 7.44%
    Sayre, PA (FHA|USDA|VA) 3 $395,000 $131,667 $2,426 8.83%
    ERIE, PA (FHA|USDA|VA) 1 $395,000 $395,000 $0 5.89%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $365,000 $365,000 $3,174 6.99%
    Oil City, PA (FHA|USDA|VA) 1 $305,000 $305,000 $0 6.75%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $300,000 $150,000 $3,099 6.57%
    Selinsgrove, PA (FHA|USDA|VA) 2 $210,000 $105,000 $2,469 7.62%
    Lewistown, PA (FHA|USDA|VA) 1 $105,000 $105,000 $442 8.25%
    The Muncy Bank And Trust Company's top markets include Williamsport, Lock Haven, Bloomsburg, Sunbury, and Johnstown among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Similar Lenders

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

    First Columbia Bank & Trust Co.
    Similarity Rank: 80
    PENNSYLVANIA STATE EMPLOYEES Credit Union
    Similarity Rank: 152
    Jersey Shore State Bank
    Similarity Rank: 156
    The Muncy Bank and Trust Company
    Similarity Rank: 170
    Citizens & Northern Bank
    Similarity Rank: 288
    ALLIED MORTGAGE GROUP, INC.
    Similarity Rank: 384
    Fulton Bank
    Similarity Rank: 1080
    Mortgage Research Center, LLC
    Similarity Rank: 4590
    Century Mortgage Company DBA Century Lending Company
    Similarity Rank: 8840
    PRIMELENDING, A PLAINSCAPITAL COMPANY
    Similarity Rank: 20580

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 253 $46,435,000 $183,538 $2,893 7.69%
    HELOC 230 $19,640,000 $85,391 n/a 6.26%

    For 2023, The Muncy Bank And Trust Company's most frequently originated type of loan was Conventional, with 253 originations. Their 2nd most popular type was HELOC, with 230 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 211 $40,565,000 $192,251 $3,469 7.56%
    Refi 114 $14,430,000 $126,579 $967 6.65%
    Other 103 $7,445,000 $72,282 $1,273 6.42%
    Home Improvement 54 $3,560,000 $65,926 $824 6.73%
    Cash Out Refi 1 $75,000 $75,000 $2,802 6.88%

    For 2023, The Muncy Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 211 originations. The 2nd most popular reason was Refi, with 114 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 266 $27,010,000 $101,541 $2,648 6.38%
    30 Year 83 $16,815,000 $202,590 $2,861 7.48%
    20 Year 69 $11,755,000 $170,362 $1,697 7.53%
    30+ year 23 $7,155,000 $311,087 $4,435 7.36%
    15 Year 21 $2,485,000 $118,333 $2,289 8.56%
    10 Year 15 $535,000 $35,667 $1,021 10.00%
    1 Year 4 $270,000 $67,500 $0 8.06%
    5 Year 2 $50,000 $25,000 $332 9.00%

    For 2023, The Muncy Bank And Trust Company's most frequently cited loan duration was Other, with 266 originations. The 2nd most popular length was 30 Year, with 83 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 115 $20,265,000 $176,217
    $1k-2k 14 $3,650,000 $260,714
    $2k-3k 5 $2,055,000 $411,000
    $3k-4k 2 $1,170,000 $585,000

    The Muncy Bank And Trust Company's average total fees were $2,861, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 115 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 168 $14,220,000 $84,643
    7-8% 158 $31,840,000 $201,519
    6-7% 98 $14,870,000 $151,735
    Over 8% 58 $5,090,000 $87,759
    4-5% 1 $55,000 $55,000

    During 2023, The Muncy Bank And Trust Company's average interest rate for loans was 7.48%, while their most frequently originated rate bucket for loans was 5-6%, with 168 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 232 $11,250,000 $48,491 $1,720 6.96%
    $100k-200k 142 $19,950,000 $140,493 $2,483 7.03%
    $200k-400k 85 $23,035,000 $271,000 $3,543 7.04%
    $400k-600k 22 $10,280,000 $467,273 $4,878 7.33%
    $600k-1MM 2 $1,560,000 $780,000 $8,297 7.25%

    2023 saw The Muncy Bank And Trust Company place emphasis on $100,000 or less loans with 232 originations, totaling $11,250,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 92 $10,160,000 $110,435 $2,990 6.93%
    $100k-150k 86 $12,090,000 $140,581 $3,335 6.97%
    $50k or less 69 $5,485,000 $79,493 $2,184 7.22%
    $150k-250k 65 $10,605,000 $163,154 $3,530 6.84%
    $75k-100k 65 $6,845,000 $105,308 $1,759 6.81%
    $250k+ 24 $6,150,000 $256,250 $4,491 7.07%

    The Muncy Bank And Trust Company lent most frequently to those with incomes in the $50k-75k range, with 92 originations. The second most popular income band? $100k-150k, with 86 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 84 $7,110,000 $84,643 $2,584 7.09%
    30-36% 50 $5,870,000 $117,400 $2,943 6.66%
    <20% 47 $4,625,000 $98,404 $2,891 7.02%
    38% 14 $1,530,000 $109,286 $2,388 7.09%
    42% 12 $2,040,000 $170,000 $2,273 7.17%
    39% 12 $1,610,000 $134,167 $2,547 6.90%
    41% 12 $1,720,000 $143,333 $4,691 6.84%
    44% 11 $1,845,000 $167,727 $2,878 7.44%
    43% 10 $1,360,000 $136,000 $2,997 7.03%
    45% 9 $1,295,000 $143,889 $2,994 6.85%
    37% 9 $1,475,000 $163,889 $3,312 6.53%
    40% 9 $1,615,000 $179,444 $3,629 7.41%
    46% 7 $635,000 $90,714 $412 6.88%
    48% 7 $895,000 $127,857 $1,796 6.44%
    50-60% 6 $1,750,000 $291,667 $4,537 6.71%
    36% 6 $450,000 $75,000 $3,177 6.69%
    >60% 4 $940,000 $235,000 $2,993 7.50%
    49% 2 $560,000 $280,000 $4,600 6.26%
    47% 1 $155,000 $155,000 $3,152 7.75%

    The Muncy Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 84 originations. The next most common DTI ratio? 30-36%, with 50 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 403 $51,905,000 $128,797 $2,905 6.95%
    Not applicable 72 $13,440,000 $186,667 $0 7.39%
    Black 5 $395,000 $79,000 $2,405 7.00%
    Asian 1 $175,000 $175,000 $2,810 7.25%
    Asian Indian 1 $115,000 $115,000 $0 5.89%
    Not provided 1 $45,000 $45,000 $0 6.75%

    Approval Rates

    Total approvals of all applications
    94.45%

    The Muncy Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.37%

    The Muncy Bank And Trust Company has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 15 $575,000 $38,333
    NA 468 $65,500,000 $139,957

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    483 $66,075,000 $136,801

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 108 $10,000,000 $92,593 $1,679 6.65%
    40-60% 56 $10,310,000 $184,107 $3,414 6.77%
    60-80% 105 $20,035,000 $190,810 $3,169 7.52%
    80-100% 111 $22,215,000 $200,135 $3,090 7.42%
    Over 100% 2 $210,000 $105,000 $2,837 7.63%
    Under 20% 101 $3,305,000 $32,723 $538 6.54%