First National Bank And Trust Company Of Newtown Mortgage Rates, Fees & Info
Newtown, PALEI: 549300QQ8FVN501MZL94
Tax ID: 23-0916895
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
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, New York, and Allentown among others. We have data for 3 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 above 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
140Origination Dollar Volume (All Markets)
$41,740,000Top 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) | 134 | $39,540,000 | $295,075 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 5 | $1,495,000 | $299,000 | $0 | 0.00% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 140 | $41,740,000 | $298,143 | $0 | 0.00% |
For 2022, First National Bank And Trust Company Of Newtown's most frequently originated type of loan was Conventional, with 140 originations.
Loan Reason
For 2022, First National Bank And Trust Company Of Newtown's most frequently cited loan purpose was Home Purchase, with 44 originations. The 2nd most popular reason was Refi, with 41 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 140 | $41,740,000 | $298,143 | $0 | 0.00% |
For 2022, First National Bank And Trust Company Of Newtown's most frequently cited loan duration was Other, with 140 originations.
Loan Sizing
2022 saw First National Bank And Trust Company Of Newtown place emphasis on $100,000 or less loans with 55 originations, totaling $2,055,000 in origination value.
Applicant Income
First National Bank And Trust Company Of Newtown lent most frequently to those with incomes in the $150k-250k range, with 23 originations. The second most popular income band? $50k-75k, with 22 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 140 | $41,740,000 | $298,143 | $0 | 0.00% |
First National Bank And Trust Company Of Newtown lent most frequently to those with DTI ratios of Exempt%, with 140 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.86%
First National Bank And Trust Company Of Newtown has an average approval rate.
Pick Rate
Approvals leading to origination88.57%
First National Bank And Trust Company Of Newtown has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 140 | $41,740,000 | $298,143 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST CITIZENS BANCSHARES, INC. | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |