Allegent Community Mortgage Rates, Fees & Info

Pittsburgh, PA

LEI: 549300PYZVSM1PP3GI62

Tax ID: 25-0977919

Latest/2024 | 2023 Data | 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)

    • Review & Overview

    Allegent Community is a smaller mortgage company specializing in Other loans. Allegent Community has a high proportion of conventional loans. Their top (well, only) market is Pittsburgh.

    Allegent Community has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

    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
    15 Year Conventional Refi 6.59% 4/5/25
    15 Year Cash-out Refi 6.59% 4/5/25
    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.

    Allegent Community Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Allegent Community. 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

    135

    Origination Dollar Volume (All Markets)

    $8,475,000

    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) 133 $8,205,000 $61,692 $0 7.23%
    Outside of Metro Areas 2 $270,000 $135,000 $0 6.50%
    Allegent Community'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 134 $8,410,000 $62,761 $0 7.21%
    HELOC 1 $65,000 $65,000 n/a 7.60%

    For 2024, Allegent Community's most frequently originated type of loan was Conventional, with 134 originations. Their 2nd most popular type was HELOC, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 105 $6,215,000 $59,190 $0 7.23%
    Home Improvement 22 $1,110,000 $50,455 $0 7.16%
    Refi 5 $655,000 $131,000 $0 7.58%
    Cash Out Refi 3 $495,000 $165,000 $0 6.58%

    For 2024, Allegent Community's most frequently cited loan purpose was Other, with 105 originations. The 2nd most popular reason was Home Improvement, with 22 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 48 $3,740,000 $77,917 $0 7.38%
    15 Year 29 $2,395,000 $82,586 $0 7.27%
    10 Year 20 $900,000 $45,000 $0 7.11%
    Other 20 $830,000 $41,500 $0 7.23%
    5 Year 17 $595,000 $35,000 $0 6.79%
    3 Year 1 $15,000 $15,000 $0 6.90%

    For 2024, Allegent Community's most frequently cited loan duration was 20 Year, with 48 originations. The 2nd most popular length was 15 Year, with 29 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    7-8% 58 $3,430,000 $59,138
    6-7% 49 $3,175,000 $64,796
    Over 8% 13 $825,000 $63,462
    5-6% 10 $790,000 $79,000

    During 2024, Allegent Community's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 7-8%, with 58 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 115 $5,505,000 $47,870 $0 7.25%
    $100k-200k 16 $2,080,000 $130,000 $0 7.06%
    $200k-400k 4 $890,000 $222,500 $0 6.83%

    2024 saw Allegent Community place emphasis on $100,000 or less loans with 115 originations, totaling $5,505,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 37 $2,115,000 $57,162 $0 7.53%
    $50k-75k 31 $1,325,000 $42,742 $0 7.04%
    $75k-100k 25 $1,535,000 $61,400 $0 7.14%
    $150k-250k 21 $1,575,000 $75,000 $0 7.12%
    $50k or less 13 $555,000 $42,692 $0 7.05%
    $250k+ 4 $620,000 $155,000 $0 7.66%

    Allegent Community lent most frequently to those with incomes in the $100k-150k range, with 37 originations. The second most popular income band? $50k-75k, with 31 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 47 $2,855,000 $60,745 $0 7.38%
    <20% 46 $2,550,000 $55,435 $0 6.98%
    30-36% 15 $1,015,000 $67,667 $0 7.33%
    43% 8 $460,000 $57,500 $0 7.35%
    44% 2 $90,000 $45,000 $0 7.13%
    41% 2 $110,000 $55,000 $0 7.60%
    36% 2 $100,000 $50,000 $0 7.60%
    48% 1 $95,000 $95,000 $0 6.65%
    37% 1 $85,000 $85,000 $0 8.20%
    38% 1 $65,000 $65,000 $0 6.65%
    39% 1 $15,000 $15,000 $0 8.20%
    40% 1 $95,000 $95,000 $0 7.90%

    Allegent Community lent most frequently to those with DTI ratios of 20-30%, with 47 originations. The next most common DTI ratio? <20%, with 46 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 103 $5,805,000 $56,359 $0 7.20%
    Black 27 $1,885,000 $69,815 $0 7.38%
    Not applicable 4 $750,000 $187,500 $0 6.63%
    Asian 1 $35,000 $35,000 $0 6.90%

    Approval Rates

    Total approvals of all applications
    79.52%

    Allegent Community has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    76.30%

    Allegent Community has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 135 $8,475,000 $62,778

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    135 $8,475,000 $62,778

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 45 $3,055,000 $67,889 $0 7.44%
    40-60% 12 $1,250,000 $104,167 $0 7.13%
    60-80% 7 $825,000 $117,857 $0 6.75%
    80-100% 2 $190,000 $95,000 $0 6.37%
    Over 100% 2 $480,000 $240,000 $0 6.75%
    Under 20% 61 $2,305,000 $37,787 $0 7.19%