Embassy Bank For The Lehigh Valley Mortgage Rates, Fees & Info

Bethlehem, PA

LEI: 549300PBL633P0UGLP11

Tax ID: 23-3081363

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • 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)

    • Bank Data

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

    • Review & Overview

    Embassy Bank For The Lehigh Valley is a smaller bank specializing in Home Purchase and Refi loans. Embassy Bank For The Lehigh Valley has a high proportion of conventional loans. Their top markets by origination volume include: Allentown, Philadelphia, Key West, Ocean City, and Reading among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Embassy Bank For The Lehigh Valley has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. They typically have about average 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.61% 4/21/24
    30 Year Conventional Refi 6.27% 4/21/24
    15 Year Conventional Purchase 5.13% 4/21/24
    15 Year Conventional Refi 5.65% 4/21/24
    15 Year Cash-out Refi 5.65% 4/21/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Embassy Bank For The Lehigh Valley Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Embassy Bank For The Lehigh Valley. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    612

    Origination Dollar Volume (All Markets)

    $125,590,000

    Employee count

    91

    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
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 598 $118,340,000 $197,893 $1,405 4.44%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 9 $4,795,000 $532,778 $3,832 4.36%
    Key West, FL (FHA|USDA|VA) 1 $1,065,000 $1,065,000 $0 4.95%
    OCEAN CITY, NJ (FHA|USDA|VA) 1 $615,000 $615,000 $0 4.95%
    READING, PA (FHA|USDA|VA) 2 $470,000 $235,000 $1,978 3.68%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $305,000 $305,000 $0 5.25%
    Embassy Bank For The Lehigh Valley's top markets include Allentown, Philadelphia, Key West, Ocean City, and Reading among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 612 $125,590,000 $205,212 $1,448 4.44%

    For 2018, Embassy Bank For The Lehigh Valley's most frequently originated type of loan was Conventional, with 612 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 267 $74,165,000 $277,772 $3,105 4.57%
    Refi 251 $44,355,000 $176,713 $541 4.29%
    Home Improvement 48 $2,670,000 $55,625 $160 4.50%
    Other 46 $4,400,000 $95,652 $510 4.44%

    For 2018, Embassy Bank For The Lehigh Valley's most frequently cited loan purpose was Home Purchase, with 267 originations. The 2nd most popular reason was Refi, with 251 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 288 $61,880,000 $214,861 $1,484 4.42%
    15 Year 149 $36,375,000 $244,128 $1,866 4.24%
    30 Year 67 $10,935,000 $163,209 $0 5.10%
    20 Year 48 $11,470,000 $238,958 $1,550 4.63%
    10 Year 37 $4,195,000 $113,378 $470 4.22%
    5 Year 17 $545,000 $32,059 $31 4.10%
    3 Year 6 $190,000 $31,667 $0 4.07%

    For 2018, Embassy Bank For The Lehigh Valley's most frequently cited loan duration was Other, with 288 originations. The 2nd most popular length was 15 Year, with 149 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 479 $94,065,000 $196,378
    $1k-2k 4 $1,820,000 $455,000

    Embassy Bank For The Lehigh Valley's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 479 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 398 $82,000,000 $206,030
    3-4% 143 $33,505,000 $234,301
    5-6% 67 $9,455,000 $141,119
    2.5-3% 4 $630,000 $157,500

    During 2018, Embassy Bank For The Lehigh Valley's average interest rate for loans was 5.10%, while their most frequently originated rate bucket for loans was 4-5%, with 398 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 236 $34,880,000 $147,797 $1,159 4.51%
    $100,000 or less 167 $8,665,000 $51,886 $298 4.50%
    $200k-400k 157 $42,845,000 $272,898 $2,030 4.35%
    $400k-600k 27 $12,445,000 $460,926 $3,255 4.21%
    $600k-1MM 15 $10,575,000 $705,000 $5,360 4.24%
    $1MM+ 10 $16,180,000 $1,618,000 $7,247 4.27%

    2018 saw Embassy Bank For The Lehigh Valley place emphasis on $100k-200k loans with 236 originations, totaling $34,880,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 133 $25,275,000 $190,038 $1,520 4.36%
    $150k-250k 105 $21,705,000 $206,714 $1,412 4.42%
    $50k-75k 87 $9,835,000 $113,046 $905 4.30%
    $75k-100k 82 $10,540,000 $128,537 $938 4.35%
    $250k+ 70 $31,250,000 $446,429 $3,377 4.35%
    $50k or less 49 $4,855,000 $99,082 $1,001 4.42%

    Embassy Bank For The Lehigh Valley lent most frequently to those with incomes in the $100k-150k range, with 133 originations. The second most popular income band? $150k-250k, with 105 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 170 $28,560,000 $168,000 $1,183 4.28%
    30-36% 104 $20,190,000 $194,135 $1,461 4.41%
    <20% 66 $12,880,000 $195,152 $1,552 4.13%
    50-60% 24 $5,140,000 $214,167 $1,640 4.27%
    37% 20 $2,900,000 $145,000 $1,336 4.43%
    >60% 14 $5,000,000 $357,143 $2,560 4.54%
    38% 12 $2,230,000 $185,833 $1,281 4.24%
    40% 12 $3,300,000 $275,000 $1,665 4.36%
    36% 12 $2,540,000 $211,667 $1,985 4.42%
    41% 11 $1,705,000 $155,000 $1,210 4.30%
    39% 10 $2,860,000 $286,000 $2,141 4.25%
    46% 8 $1,250,000 $156,250 $1,065 4.64%
    43% 7 $1,355,000 $193,571 $765 4.10%
    44% 7 $2,635,000 $376,429 $2,343 4.32%
    42% 6 $1,290,000 $215,000 $1,343 4.43%
    47% 5 $1,095,000 $219,000 $1,742 4.17%
    45% 4 $1,440,000 $360,000 $3,099 4.72%
    48% 3 $345,000 $115,000 $1,098 4.54%
    49% 2 $410,000 $205,000 $2,869 4.50%

    Embassy Bank For The Lehigh Valley lent most frequently to those with DTI ratios of 20-30%, with 170 originations. The next most common DTI ratio? 30-36%, with 104 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 514 $101,580,000 $197,626 $1,429 4.37%
    Not applicable 69 $16,885,000 $244,710 $0 5.03%
    Asian 13 $4,755,000 $365,769 $2,430 4.16%
    Not provided 13 $2,005,000 $154,231 $1,324 4.36%
    Black 3 $365,000 $121,667 $525 4.33%

    Approval Rates

    Total approvals of all applications
    81.41%

    Embassy Bank For The Lehigh Valley has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    90.52%

    Embassy Bank For The Lehigh Valley has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 612 $125,590,000 $205,212

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 24 $13,820,000 $575,833
    Single Family (1-4 Units):Site-Built 588 $111,770,000 $190,085

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 63 $7,225,000 $114,683 $638 4.37%
    40-60% 63 $16,405,000 $260,397 $1,062 4.13%
    60-80% 219 $48,955,000 $223,539 $1,656 4.44%
    80-100% 181 $50,085,000 $276,713 $2,535 4.56%
    Over 100% 1 $75,000 $75,000 $1,899 4.63%
    Under 20% 85 $2,845,000 $33,471 $93 4.46%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Embassy Bank for the Lehigh Valley 10 North Main Street Nazareth, PA 18064 Full Service B&M $48,851
    Embassy Bank for the Lehigh Valley 100 Gateway Drive Bethlehem, PA 18017 Full Service B&M $302,973
    Embassy Bank for the Lehigh Valley 1142 S. Cedar Crest Blvd. Allentown, PA 18103 Full Service B&M $70,062
    Embassy Bank for the Lehigh Valley 3495 Route 378 Bethlehem, PA 18015 Full Service B&M $96,853
    Embassy Bank for the Lehigh Valley 3751 Easton-Nazareth Highway Easton, PA 18045 Full Service B&M $74,529
    Embassy Bank for the Lehigh Valley 4148 W Tilghman Street Allentown, PA 18104 Full Service B&M $169,120
    Embassy Bank for the Lehigh Valley 6379 Hamilton Boulevard Allentown, PA 18106 Full Service B&M $84,175
    Embassy Bank for the Lehigh Valley 925 W. Broad Street Bethlehem, PA 18018 Full Service B&M $84,449

    For 2018, Embassy Bank For The Lehigh Valley had 8 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $38,691
    Net interest income $32,554
    Total noninterest income $1,867
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $260
    Trading account gains and fees $0
    Additional Noninterest Income $1,607
    Pre-tax net operating income $12,724
    Securities gains (or losses, -) $0
    Income before extraordinary items $10,370
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $10,370
    Minority interest net income $0
    Net income $10,370
    Sale, conversion, retirement of capital stock, net $255
    Net operating income $10,370

    Embassy Bank For The Lehigh Valley's gross interest income from loans was $38,691,000.
    Embassy Bank For The Lehigh Valley's net interest income from loans was $32,554,000.
    Embassy Bank For The Lehigh Valley's fee based income from loans was $260,000.
    Embassy Bank For The Lehigh Valley's net income from loans was $10,370,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $6,137
    Provision for credit losses $1,080
    Total noninterest expense $20,617
    Salaries and employee benefits $9,812
    Premises and equipment expense $2,788
    Additional noninterest expense $8,017
    Applicable income taxes $2,354
    Net charge-offs $708
    Cash dividends $1,974

    Embassy Bank For The Lehigh Valley's interest expense for loans was $6,137,000.
    Embassy Bank For The Lehigh Valley's payroll and benefits expense were $9,812,000.
    Embassy Bank For The Lehigh Valley's property, plant and equipment expenses $2,788,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    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 $931,855
    Deposits held in domestic offices $931,855
    Deposits by Individuals, partnerships, and corporations $866,849
    Deposits by U.S. Government $9
    Deposits by States and political subdivisions in the U.S. $64,997
    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 $256,415
    Demand deposits $162,525
    Nontransaction accounts $675,440
    Money market deposit accounts (MMDAs) $28,449
    Other savings deposits (excluding MMDAs) $452,809
    Total time deposits $194,182
    Total time and savings deposits $769,330
    Noninterest-bearing deposits $148,949
    Interest-bearing deposits $782,906
    Retail deposits $868,268
    IRAs and Keogh plan accounts $22,053
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,099,655
    Cash & Balances due from depository institutions $27,874
    Interest-bearing balances $13,473
    Total securities $90,748
    Federal funds sold & reverse repurchase $0
    Net loans and leases $949,944
    Loan and leases loss allowance $7,412
    Trading account assets $0
    Bank premises and fixed assets $1,816
    Other real estate owned $135
    Goodwill and other intangibles $0
    All other assets $29,138

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,099,655
    Total Liabilities $1,012,582
    Total deposits $931,855
    Interest-bearing deposits $782,906
    Deposits held in domestic offices $931,855
    % insured (estimated) $80
    Federal funds purchased and repurchase agreements $18,883
    Trading liabilities $0
    Other borrowed funds $53,995
    Subordinated debt $0
    All other liabilities $7,849

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $949,944
    Loan and leases loss allowance $7,412
    Total loans and leases (domestic) $957,356
    All real estate loans $914,934
    Real estate loans in domestic offices $914,934
    Construction and development loans $14,530
    Residential 1-4 family construction $1,228
    Other construction, all land development and other land $13,302
    Loans secured by nonfarm nonresidential properties $258,239
    Nonfarm nonresidential secured by owner-occupied properties $111,477
    Commercial real estate & other non-farm, non-residential $146,762
    Multifamily residential real estate $62,342
    1-4 family residential loans $579,036
    Farmland loans $787
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $38,425
    To non-U.S. addressees $0
    Loans to individuals $795
    Credit card loans $0
    Related Plans $266
    Consumer Auto Loans $393
    Other loans to individuals $136
    All other loans & leases $3,202
    Loans to foreign governments and official institutions $0
    Other loans $62
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $3,736
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $2,917
    Non 1-4 family restructured loans & leases $1,296
    Total loans and leases (foreign) $0

    Embassy Bank For The Lehigh Valley had $949,944,000 of loans outstanding in 2018. $914,934,000 of loans were in real estate loans. $14,530,000 of loans were in development loans. $62,342,000 of loans were in multifamily mortgage loans. $579,036,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $393,000 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 280 $66,724 $238,300
    Nonfarm, nonresidential loans - <$100k 43 $1,458 $33,907
    Nonfarm, nonresidential loans - $100-250k 87 $10,593 $121,759
    Nonfarm, nonresidential loans - $250k-1MM 150 $54,673 $364,487
    Commercial & Industrial, US addressed loans - <$1MM 420 $28,773 $68,507
    Commercial & Industrial, US addressed loans - <$100k 244 $5,393 $22,102
    Commercial & Industrial, US addressed loans - $100-250k 96 $6,942 $72,313
    Commercial & Industrial, US addressed loans - $250k-1MM 80 $16,438 $205,475
    Farmland loans - <$1MM 1 $71 $71,000
    Farmland loans - <$100k 1 $71 $71,000