First National Bank And Trust Company Of Newtown Mortgage Rates, Fees & Info

Newtown, PA

LEI: 549300QQ8FVN501MZL94

Tax ID: 23-0916895

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
  • 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

    First National Bank And Trust Company Of Newtown is a smaller bank specializing in Home Purchase and Refi loans. First National Bank And Trust Company Of Newtown has a high proportion of conventional loans. Their top markets by origination volume include: Philadelphia, Atlantic City, New York, and Trenton among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First National Bank And Trust Company Of Newtown 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.

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    Originations

    82

    Origination Dollar Volume (All Markets)

    $33,910,000

    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
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 79 $32,555,000 $412,089 $0 0.00%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $705,000 $705,000 $0 0.00%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $545,000 $545,000 $0 0.00%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
    First National Bank And Trust Company Of Newtown's top markets include Philadelphia, Atlantic City, New York, and Trenton among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 82 $33,910,000 $413,537 $0 0.00%

    For 2024, First National Bank And Trust Company Of Newtown's most frequently originated type of loan was Conventional, with 82 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 27 $6,655,000 $246,481 $0 0.00%
    Home Purchase 23 $17,695,000 $769,348 $0 0.00%
    Refi 17 $8,175,000 $480,882 $0 0.00%
    Other 15 $1,385,000 $92,333 $0 0.00%

    For 2024, First National Bank And Trust Company Of Newtown's most frequently cited loan purpose was Home Improvement, with 27 originations. The 2nd most popular reason was Home Purchase, with 23 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 82 $33,910,000 $413,537 $0 0.00%

    For 2024, First National Bank And Trust Company Of Newtown's most frequently cited loan duration was Other, with 82 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 31 $1,355,000 $43,710 $0 0.00%
    $200k-400k 16 $4,650,000 $290,625 $0 0.00%
    $100k-200k 13 $1,805,000 $138,846 $0 0.00%
    $600k-1MM 10 $6,900,000 $690,000 $0 0.00%
    $1MM+ 6 $16,490,000 $2,748,333 $0 0.00%
    $400k-600k 6 $2,710,000 $451,667 $0 0.00%

    2024 saw First National Bank And Trust Company Of Newtown place emphasis on $100,000 or less loans with 31 originations, totaling $1,355,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 25 $22,745,000 $909,800 $0 0.00%
    $150k-250k 17 $3,275,000 $192,647 $0 0.00%
    $100k-150k 11 $1,745,000 $158,636 $0 0.00%
    $75k-100k 11 $1,485,000 $135,000 $0 0.00%
    $50k-75k 9 $425,000 $47,222 $0 0.00%
    $50k or less 2 $70,000 $35,000 $0 0.00%

    First National Bank And Trust Company Of Newtown lent most frequently to those with incomes in the $250k+ range, with 25 originations. The second most popular income band? $150k-250k, with 17 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 82 $33,910,000 $413,537 $0 0.00%

    First National Bank And Trust Company Of Newtown lent most frequently to those with DTI ratios of Exempt%, with 82 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 73 $30,515,000 $418,014 $0 0.00%
    Not applicable 6 $2,800,000 $466,667 $0 0.00%
    Asian 3 $595,000 $198,333 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.55%

    First National Bank And Trust Company Of Newtown has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    87.80%

    First National Bank And Trust Company Of Newtown has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 82 $33,910,000 $413,537

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    82 $33,910,000 $413,537