Altoona First Savings Bank Mortgage Rates, Fees & Info

Altoona, PA

LEI: 549300R4IPEM23JRUH35

Tax ID: 23-1041020

Latest/2023 | 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

    Altoona First Savings Bank is a smaller bank specializing in Home Purchase and Home Improvement loans. Altoona First Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Altoona, Huntingdon, Johnstown, and Dubois among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Altoona First Savings Bank 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

    139

    Origination Dollar Volume (All Markets)

    $15,335,000

    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
    ALTOONA, PA (FHA|USDA|VA) 102 $12,010,000 $117,745 $0 0.00%
    Outside of Metro Areas 31 $2,745,000 $88,548 $0 0.00%
    Huntingdon, PA (FHA|USDA|VA) 2 $200,000 $100,000 $0 0.00%
    JOHNSTOWN, PA (FHA|USDA|VA) 1 $195,000 $195,000 $0 0.00%
    DuBois, PA (FHA|USDA|VA) 3 $185,000 $61,667 $0 0.00%
    Altoona First Savings Bank's top markets include Altoona, Huntingdon, Johnstown, and Dubois among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 139 $15,335,000 $110,324 $0 0.00%

    For 2023, Altoona First Savings Bank's most frequently originated type of loan was Conventional, with 139 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 65 $8,165,000 $125,615 $0 0.00%
    Home Improvement 33 $3,095,000 $93,788 $0 0.00%
    Other 16 $1,310,000 $81,875 $0 0.00%
    Cash Out Refi 14 $1,010,000 $72,143 $0 0.00%
    Refi 11 $1,755,000 $159,545 $0 0.00%

    For 2023, Altoona First Savings Bank's most frequently cited loan purpose was Home Purchase, with 65 originations. The 2nd most popular reason was Home Improvement, with 33 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 139 $15,335,000 $110,324 $0 0.00%

    For 2023, Altoona First Savings Bank's most frequently cited loan duration was Other, with 139 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 87 $4,775,000 $54,885 $0 0.00%
    $100k-200k 34 $4,790,000 $140,882 $0 0.00%
    $200k-400k 14 $3,350,000 $239,286 $0 0.00%
    $400k-600k 3 $1,585,000 $528,333 $0 0.00%
    $600k-1MM 1 $835,000 $835,000 $0 0.00%

    2023 saw Altoona First Savings Bank place emphasis on $100,000 or less loans with 87 originations, totaling $4,775,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 22 $2,540,000 $115,455 $0 0.00%
    $50k-75k 20 $1,770,000 $88,500 $0 0.00%
    $75k-100k 19 $1,555,000 $81,842 $0 0.00%
    $50k or less 17 $1,225,000 $72,059 $0 0.00%
    $150k-250k 8 $750,000 $93,750 $0 0.00%
    $250k+ 4 $550,000 $137,500 $0 0.00%

    Altoona First Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 22 originations. The second most popular income band? $50k-75k, with 20 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 139 $15,335,000 $110,324 $0 0.00%

    Altoona First Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 139 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 91 $9,175,000 $100,824 $0 0.00%
    Not applicable 44 $5,980,000 $135,909 $0 0.00%
    Not provided 3 $95,000 $31,667 $0 0.00%
    Black 1 $85,000 $85,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.53%

    Altoona First Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.29%

    Altoona First Savings Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 139 $15,335,000 $110,324

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    139 $15,335,000 $110,324