Slovenian Savings And Loan Association Of Canonsburg Mortgage Rates, Fees & Info

Washington, PA

LEI: 549300P6E4MG6WR4CW75

Tax ID: 25-0801560

Latest/2023 | 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
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Slovenian Savings And Loan Association Of Canonsburg is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Slovenian Savings And Loan Association Of Canonsburg has a high proportion of conventional loans. Their top (well, only) market is Pittsburgh.

    Slovenian Savings And Loan Association Of Canonsburg 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.

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    Originations

    275

    Origination Dollar Volume (All Markets)

    $44,805,000

    Employee count

    18

    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
    PITTSBURGH, PA (FHA|USDA|VA) 269 $44,015,000 $163,625 $0 0.00%
    Outside of Metro Areas 6 $790,000 $131,667 $0 0.00%
    Slovenian Savings And Loan Association Of Canonsburg's top markets include and Pittsburgh among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 275 $44,805,000 $162,927 $0 0.00%

    For 2021, Slovenian Savings And Loan Association Of Canonsburg's most frequently originated type of loan was Conventional, with 275 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 121 $20,445,000 $168,967 $0 0.00%
    Cash Out Refi 84 $14,470,000 $172,262 $0 0.00%
    Refi 32 $7,400,000 $231,250 $0 0.00%
    Home Improvement 24 $1,620,000 $67,500 $0 0.00%
    Other 14 $870,000 $62,143 $0 0.00%

    For 2021, Slovenian Savings And Loan Association Of Canonsburg's most frequently cited loan purpose was Home Purchase, with 121 originations. The 2nd most popular reason was Cash Out Refi, with 84 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 275 $44,805,000 $162,927 $0 0.00%

    For 2021, Slovenian Savings And Loan Association Of Canonsburg's most frequently cited loan duration was Other, with 275 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 104 $5,770,000 $55,481 $0 0.00%
    $100k-200k 100 $14,190,000 $141,900 $0 0.00%
    $200k-400k 54 $14,310,000 $265,000 $0 0.00%
    $400k-600k 13 $6,515,000 $501,154 $0 0.00%
    $1MM+ 2 $2,750,000 $1,375,000 $0 0.00%
    $600k-1MM 2 $1,270,000 $635,000 $0 0.00%

    2021 saw Slovenian Savings And Loan Association Of Canonsburg place emphasis on $100,000 or less loans with 104 originations, totaling $5,770,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 50 $7,670,000 $153,400 $0 0.00%
    $50k or less 37 $3,155,000 $85,270 $0 0.00%
    $75k-100k 37 $5,565,000 $150,405 $0 0.00%
    $250k+ 36 $10,220,000 $283,889 $0 0.00%
    $50k-75k 36 $3,890,000 $108,056 $0 0.00%
    $150k-250k 26 $5,450,000 $209,615 $0 0.00%

    Slovenian Savings And Loan Association Of Canonsburg lent most frequently to those with incomes in the $100k-150k range, with 50 originations. The second most popular income band? $50k or less, with 37 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 275 $44,805,000 $162,927 $0 0.00%

    Slovenian Savings And Loan Association Of Canonsburg lent most frequently to those with DTI ratios of Exempt%, with 275 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 190 $32,320,000 $170,105 $0 0.00%
    Not applicable 52 $8,670,000 $166,731 $0 0.00%
    Not provided 19 $1,865,000 $98,158 $0 0.00%
    Black 10 $1,030,000 $103,000 $0 0.00%
    Asian 2 $710,000 $355,000 $0 0.00%
    Filipino 1 $175,000 $175,000 $0 0.00%
    American Indian 1 $35,000 $35,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    99.65%

    Slovenian Savings And Loan Association Of Canonsburg 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
    96.73%

    Slovenian Savings And Loan Association Of Canonsburg has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 275 $44,805,000 $162,927

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    275 $44,805,000 $162,927

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Shellpoint Partners, LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 148 10.1%
    Shellpoint Partners, LLC Conventional home mortgage Closing on a mortgage 79 5.4%
    Shellpoint Partners, LLC Conventional home mortgage Improper use of your report 1 0.1%
    Shellpoint Partners, LLC Conventional home mortgage Incorrect information on your report 43 2.9%
    Shellpoint Partners, LLC Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 16 1.1%
    Shellpoint Partners, LLC Conventional home mortgage Struggling to pay mortgage 225 15.4%
    Shellpoint Partners, LLC Conventional home mortgage Trouble during payment process 651 44.6%
    Shellpoint Partners, LLC Conventional home mortgage Unable to get your credit report or credit score 1 0.1%
    Shellpoint Partners, LLC FHA mortgage Applying for a mortgage or refinancing an existing mortgage 14 1.0%
    Shellpoint Partners, LLC FHA mortgage Closing on a mortgage 9 0.6%
    Shellpoint Partners, LLC FHA mortgage Incorrect information on your report 7 0.5%
    Shellpoint Partners, LLC FHA mortgage Problem with a credit reporting company's investigation into an existing problem 5 0.3%
    Shellpoint Partners, LLC FHA mortgage Struggling to pay mortgage 38 2.6%
    Shellpoint Partners, LLC FHA mortgage Trouble during payment process 79 5.4%
    Shellpoint Partners, LLC Home equity loan or line of credit (HELOC) Closing on a mortgage 1 0.1%
    Shellpoint Partners, LLC Home equity loan or line of credit (HELOC) Incorrect information on your report 1 0.1%
    Shellpoint Partners, LLC Home equity loan or line of credit (HELOC) Struggling to pay mortgage 2 0.1%
    Shellpoint Partners, LLC Home equity loan or line of credit (HELOC) Trouble during payment process 9 0.6%
    Shellpoint Partners, LLC Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 10 0.7%
    Shellpoint Partners, LLC Other type of mortgage Closing on a mortgage 6 0.4%
    Shellpoint Partners, LLC Other type of mortgage Incorrect information on your report 2 0.1%
    Shellpoint Partners, LLC Other type of mortgage Struggling to pay mortgage 21 1.4%
    Shellpoint Partners, LLC Other type of mortgage Trouble during payment process 45 3.1%
    Shellpoint Partners, LLC VA mortgage Applying for a mortgage or refinancing an existing mortgage 4 0.3%
    Shellpoint Partners, LLC VA mortgage Closing on a mortgage 1 0.1%
    Shellpoint Partners, LLC VA mortgage Incorrect information on your report 6 0.4%
    Shellpoint Partners, LLC VA mortgage Problem with a credit reporting company's investigation into an existing problem 1 0.1%
    Shellpoint Partners, LLC VA mortgage Struggling to pay mortgage 9 0.6%
    Shellpoint Partners, LLC VA mortgage Trouble during payment process 26 1.8%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Slovenian Savings and Loan Association of Canonsburg 130 Boone Avenue Strabane, PA 15363 Full Service B&M $448,126

    For 2021, Slovenian Savings And Loan Association Of Canonsburg had 1 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $22,110
    Net interest income $13,749
    Total noninterest income $-107
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $0
    Trading account gains and fees $0
    Additional Noninterest Income $-107
    Pre-tax net operating income $8,837
    Securities gains (or losses, -) $1
    Income before extraordinary items $6,561
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,561
    Minority interest net income $0
    Net income $6,561
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,560

    Slovenian Savings And Loan Association Of Canonsburg's gross interest income from loans was $22,110,000.
    Slovenian Savings And Loan Association Of Canonsburg's net interest income from loans was $13,749,000.
    Slovenian Savings And Loan Association Of Canonsburg's fee based income from loans was $0.
    Slovenian Savings And Loan Association Of Canonsburg's net income from loans was $6,561,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $8,361
    Provision for credit losses $143
    Total noninterest expense $4,662
    Salaries and employee benefits $2,786
    Premises and equipment expense $317
    Additional noninterest expense $1,559
    Applicable income taxes $2,277
    Net charge-offs $73
    Cash dividends $0

    Slovenian Savings And Loan Association Of Canonsburg's interest expense for loans was $8,361,000.
    Slovenian Savings And Loan Association Of Canonsburg's payroll and benefits expense were $2,786,000.
    Slovenian Savings And Loan Association Of Canonsburg's property, plant and equipment expenses $317,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 5.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $466,107
    Deposits held in domestic offices $466,107
    Deposits by Individuals, partnerships, and corporations $444,154
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $21,953
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $39,122
    Demand deposits $39,122
    Nontransaction accounts $426,985
    Money market deposit accounts (MMDAs) $3,315
    Other savings deposits (excluding MMDAs) $69,716
    Total time deposits $353,954
    Total time and savings deposits $426,985
    Noninterest-bearing deposits $5,132
    Interest-bearing deposits $460,975
    Retail deposits $328,249
    IRAs and Keogh plan accounts $86,702
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $544,315
    Cash & Balances due from depository institutions $33,457
    Interest-bearing balances $32,546
    Total securities $310,885
    Federal funds sold & reverse repurchase $0
    Net loans and leases $193,933
    Loan and leases loss allowance $1,970
    Trading account assets $0
    Bank premises and fixed assets $2,449
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $3,591

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $544,315
    Total Liabilities $466,407
    Total deposits $466,107
    Interest-bearing deposits $460,975
    Deposits held in domestic offices $466,107
    % insured (estimated) $82
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $300

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $193,933
    Loan and leases loss allowance $1,970
    Total loans and leases (domestic) $195,903
    All real estate loans $194,056
    Real estate loans in domestic offices $194,056
    Construction and development loans $7,039
    Residential 1-4 family construction $6,957
    Other construction, all land development and other land $82
    Loans secured by nonfarm nonresidential properties $25,551
    Nonfarm nonresidential secured by owner-occupied properties $451
    Commercial real estate & other non-farm, non-residential $25,100
    Multifamily residential real estate $1,415
    1-4 family residential loans $160,051
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $0
    To non-U.S. addressees $0
    Loans to individuals $1,847
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $0
    Other loans to individuals $1,847
    All other loans & leases $0
    Loans to foreign governments and official institutions $0
    Other loans $0
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $2,326
    Non 1-4 family restructured loans & leases $603
    Total loans and leases (foreign) $0

    Slovenian Savings and Loan Association of Canonsburg had $193,933,000 of loans outstanding in 2021. $194,056,000 of loans were in real estate loans. $7,039,000 of loans were in development loans. $1,415,000 of loans were in multifamily mortgage loans. $160,051,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 112 $25,126 $224,339
    Nonfarm, nonresidential loans - <$100k 17 $975 $57,353
    Nonfarm, nonresidential loans - $100-250k 49 $7,103 $144,959
    Nonfarm, nonresidential loans - $250k-1MM 46 $17,048 $370,609