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

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  • 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 Refi and Home Purchase loans. Embassy Bank For The Lehigh Valley has a high proportion of conventional loans. Their top markets by origination volume include: Allentown, Philadelphia, Reading, Providence, and Miami among others. We have data for 9 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. Embassy Bank For The Lehigh Valley 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.

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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

    726

    Origination Dollar Volume (All Markets)

    $154,400,000

    Employee count

    95

    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) 704 $144,860,000 $205,767 $1,343 4.07%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 7 $4,505,000 $643,571 $4,338 3.85%
    READING, PA (FHA|USDA|VA) 9 $2,165,000 $240,556 $1,711 3.97%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $1,055,000 $1,055,000 $6,605 4.88%
    Outside of Metro Areas 1 $605,000 $605,000 $5,916 3.62%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $505,000 $505,000 $1,000 3.38%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $335,000 $335,000 $2,814 3.38%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $255,000 $255,000 $2,744 3.75%
    LANCASTER, PA (FHA|USDA|VA) 1 $115,000 $115,000 $800 4.50%
    Embassy Bank For The Lehigh Valley's top markets include Allentown, Philadelphia, Reading, Providence, and Miami among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 726 $154,400,000 $212,672 $1,402 4.07%

    For 2019, Embassy Bank For The Lehigh Valley's most frequently originated type of loan was Conventional, with 726 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 373 $77,175,000 $206,903 $794 3.87%
    Home Purchase 252 $70,020,000 $277,857 $3,141 4.22%
    Home Improvement 66 $4,490,000 $68,030 $127 4.44%
    Other 35 $2,715,000 $77,571 $341 4.28%

    For 2019, Embassy Bank For The Lehigh Valley's most frequently cited loan purpose was Refi, with 373 originations. The 2nd most popular reason was Home Purchase, with 252 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 443 $98,705,000 $222,810 $1,423 4.07%
    15 Year 139 $38,165,000 $274,568 $2,107 3.79%
    10 Year 52 $5,530,000 $106,346 $375 4.02%
    20 Year 44 $8,440,000 $191,818 $1,124 4.31%
    30 Year 20 $2,790,000 $139,500 $1,852 5.32%
    5 Year 18 $520,000 $28,889 $0 4.27%
    3 Year 10 $250,000 $25,000 $0 3.94%

    For 2019, Embassy Bank For The Lehigh Valley's most frequently cited loan duration was Other, with 443 originations. The 2nd most popular length was 15 Year, with 139 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 554 $112,420,000 $202,924
    $1k-2k 53 $10,715,000 $202,170
    $2k-3k 4 $1,930,000 $482,500
    $5k+ 1 $1,925,000 $1,925,000

    Embassy Bank For The Lehigh Valley's average total fees were $1,852, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 554 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 419 $96,215,000 $229,630
    4-5% 232 $48,580,000 $209,397
    5-6% 75 $9,605,000 $128,067

    During 2019, Embassy Bank For The Lehigh Valley's average interest rate for loans was 5.32%, while their most frequently originated rate bucket for loans was 3-4%, with 419 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 253 $37,105,000 $146,660 $1,234 4.04%
    $200k-400k 230 $62,850,000 $273,261 $1,686 3.93%
    $100,000 or less 172 $8,840,000 $51,395 $276 4.34%
    $400k-600k 45 $21,105,000 $469,000 $2,938 3.78%
    $600k-1MM 17 $12,485,000 $734,412 $5,446 4.21%
    $1MM+ 9 $12,015,000 $1,335,000 $8,479 4.13%

    2019 saw Embassy Bank For The Lehigh Valley place emphasis on $100k-200k loans with 253 originations, totaling $37,105,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 167 $32,045,000 $191,886 $1,290 4.00%
    $150k-250k 147 $37,275,000 $253,571 $1,573 3.91%
    $50k-75k 105 $14,045,000 $133,762 $1,003 3.88%
    $75k-100k 87 $13,065,000 $150,172 $1,244 3.87%
    $250k+ 85 $31,985,000 $376,294 $2,373 4.09%
    $50k or less 51 $4,815,000 $94,412 $1,009 3.96%

    Embassy Bank For The Lehigh Valley lent most frequently to those with incomes in the $100k-150k range, with 167 originations. The second most popular income band? $150k-250k, with 147 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 200 $37,880,000 $189,400 $1,185 3.92%
    30-36% 134 $29,550,000 $220,522 $1,591 3.86%
    <20% 90 $17,240,000 $191,556 $1,117 3.73%
    50-60% 21 $5,445,000 $259,286 $2,303 3.98%
    37% 19 $4,285,000 $225,526 $1,895 3.85%
    38% 19 $3,255,000 $171,316 $1,150 3.85%
    39% 19 $3,855,000 $202,895 $968 3.88%
    >60% 18 $6,520,000 $362,222 $2,831 3.90%
    36% 17 $3,355,000 $197,353 $1,166 4.04%
    40% 15 $2,395,000 $159,667 $1,103 3.98%
    42% 15 $2,565,000 $171,000 $1,526 3.96%
    43% 12 $3,230,000 $269,167 $2,028 4.13%
    45% 11 $2,055,000 $186,818 $1,339 4.02%
    41% 10 $2,710,000 $271,000 $1,582 4.10%
    47% 8 $2,000,000 $250,000 $1,801 3.94%
    44% 8 $1,350,000 $168,750 $1,104 3.89%
    49% 5 $995,000 $199,000 $1,231 3.95%
    48% 2 $1,030,000 $515,000 $4,328 3.75%
    46% 2 $80,000 $40,000 $0 4.24%

    Embassy Bank For The Lehigh Valley lent most frequently to those with DTI ratios of 20-30%, with 200 originations. The next most common DTI ratio? 30-36%, with 134 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 627 $129,345,000 $206,292 $1,389 3.96%
    Not applicable 70 $18,660,000 $266,571 $0 5.16%
    Asian 12 $2,570,000 $214,167 $1,781 3.65%
    Not provided 7 $1,625,000 $232,143 $1,573 3.99%
    Asian Indian 2 $500,000 $250,000 $2,276 3.50%
    Other Asian 1 $405,000 $405,000 $3,850 3.75%
    American Indian 1 $355,000 $355,000 $700 3.25%
    Black 3 $325,000 $108,333 $1,625 3.73%
    Filipino 1 $295,000 $295,000 $700 3.88%
    Korean 1 $235,000 $235,000 $525 3.75%
    Native Hawaiian or Islander 1 $85,000 $85,000 $525 3.88%

    Approval Rates

    Total approvals of all applications
    87.35%

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

    Pick Rate

    Approvals leading to origination
    93.25%

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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 726 $154,400,000 $212,672

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 19 $12,405,000 $652,895
    Single Family (1-4 Units):Site-Built 707 $141,995,000 $200,842

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 64 $7,140,000 $111,563 $692 3.84%
    40-60% 86 $16,760,000 $194,884 $1,261 3.89%
    60-80% 254 $63,730,000 $250,906 $1,431 3.95%
    80-100% 221 $62,295,000 $281,878 $2,401 4.15%
    Under 20% 101 $4,475,000 $44,307 $41 4.45%

    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 $60,108
    Embassy Bank for the Lehigh Valley 100 Gateway Drive Bethlehem, PA 18017 Full Service B&M $318,281
    Embassy Bank for the Lehigh Valley 1142 S. Cedar Crest Blvd. Allentown, PA 18103 Full Service B&M $82,619
    Embassy Bank for the Lehigh Valley 207 East Main Street Macungie, PA 18062 Full Service B&M $10,041
    Embassy Bank for the Lehigh Valley 3495 Route 378, Route 378 & Colesville Road Bethlehem, PA 18015 Full Service B&M $105,899
    Embassy Bank for the Lehigh Valley 3751 Easton-Nazareth Highway Easton, PA 18045 Full Service B&M $87,072
    Embassy Bank for the Lehigh Valley 4148 W Tilghman Street Allentown, PA 18104 Full Service B&M $185,312
    Embassy Bank for the Lehigh Valley 6379 Hamilton Boulevard, Suite G Allentown, PA 18106 Full Service B&M $89,991
    Embassy Bank for the Lehigh Valley 925 W. Broad Street Bethlehem, PA 18018 Full Service B&M $73,683

    For 2019, Embassy Bank For The Lehigh Valley had 9 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $42,862
    Net interest income $33,533
    Total noninterest income $2,202
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $290
    Trading account gains and fees $0
    Additional Noninterest Income $1,912
    Pre-tax net operating income $13,811
    Securities gains (or losses, -) $0
    Income before extraordinary items $11,233
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $11,233
    Minority interest net income $0
    Net income $11,233
    Sale, conversion, retirement of capital stock, net $258
    Net operating income $11,233

    Embassy Bank For The Lehigh Valley's gross interest income from loans was $42,862,000.
    Embassy Bank For The Lehigh Valley's net interest income from loans was $33,533,000.
    Embassy Bank For The Lehigh Valley's fee based income from loans was $290,000.
    Embassy Bank For The Lehigh Valley's net income from loans was $11,233,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $9,329
    Provision for credit losses $605
    Total noninterest expense $21,319
    Salaries and employee benefits $10,464
    Premises and equipment expense $3,111
    Additional noninterest expense $7,744
    Applicable income taxes $2,578
    Net charge-offs $-5
    Cash dividends $1,581

    Embassy Bank For The Lehigh Valley's interest expense for loans was $9,329,000.
    Embassy Bank For The Lehigh Valley's payroll and benefits expense were $10,464,000.
    Embassy Bank For The Lehigh Valley's property, plant and equipment expenses $3,111,000.

    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 $1,032,322
    Deposits held in domestic offices $1,032,322
    Deposits by Individuals, partnerships, and corporations $959,238
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $73,084
    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 $279,446
    Demand deposits $182,988
    Nontransaction accounts $752,876
    Money market deposit accounts (MMDAs) $73,592
    Other savings deposits (excluding MMDAs) $425,284
    Total time deposits $254,000
    Total time and savings deposits $849,334
    Noninterest-bearing deposits $172,169
    Interest-bearing deposits $860,153
    Retail deposits $946,305
    IRAs and Keogh plan accounts $24,983
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,176,422
    Cash & Balances due from depository institutions $39,315
    Interest-bearing balances $33,161
    Total securities $90,829
    Federal funds sold & reverse repurchase $1,000
    Net loans and leases $1,006,117
    Loan and leases loss allowance $8,022
    Trading account assets $0
    Bank premises and fixed assets $11,315
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $27,846

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,176,422
    Total Liabilities $1,076,852
    Total deposits $1,032,322
    Interest-bearing deposits $860,153
    Deposits held in domestic offices $1,032,322
    % insured (estimated) $71
    Federal funds purchased and repurchase agreements $7,208
    Trading liabilities $0
    Other borrowed funds $27,786
    Subordinated debt $0
    All other liabilities $9,536

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,006,117
    Loan and leases loss allowance $8,022
    Total loans and leases (domestic) $1,014,139
    All real estate loans $957,026
    Real estate loans in domestic offices $957,026
    Construction and development loans $12,803
    Residential 1-4 family construction $685
    Other construction, all land development and other land $12,118
    Loans secured by nonfarm nonresidential properties $250,411
    Nonfarm nonresidential secured by owner-occupied properties $113,188
    Commercial real estate & other non-farm, non-residential $137,223
    Multifamily residential real estate $64,710
    1-4 family residential loans $628,252
    Farmland loans $850
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $53,747
    To non-U.S. addressees $0
    Loans to individuals $816
    Credit card loans $0
    Related Plans $277
    Consumer Auto Loans $449
    Other loans to individuals $90
    All other loans & leases $2,550
    Loans to foreign governments and official institutions $0
    Other loans $11
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $4,635
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $2,716
    Non 1-4 family restructured loans & leases $1,283
    Total loans and leases (foreign) $0

    Embassy Bank For The Lehigh Valley had $1,006,117,000 of loans outstanding in 2019. $957,026,000 of loans were in real estate loans. $12,803,000 of loans were in development loans. $64,710,000 of loans were in multifamily mortgage loans. $628,252,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $449,000 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 298 $68,413 $229,574
    Nonfarm, nonresidential loans - <$100k 46 $1,556 $33,826
    Nonfarm, nonresidential loans - $100-250k 98 $12,552 $128,082
    Nonfarm, nonresidential loans - $250k-1MM 154 $54,305 $352,630
    Commercial & Industrial, US addressed loans - <$1MM 442 $34,847 $78,839
    Commercial & Industrial, US addressed loans - <$100k 243 $5,844 $24,049
    Commercial & Industrial, US addressed loans - $100-250k 107 $8,426 $78,748
    Commercial & Industrial, US addressed loans - $250k-1MM 92 $20,577 $223,663
    Farmland loans - <$1MM 3 $170 $56,667
    Farmland loans - <$100k 3 $170 $56,667