Altoona First Savings Bank Mortgage Rates, Fees & Info
Altoona, PALEI: 549300R4IPEM23JRUH35
Tax ID: 23-1041020
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Mortgage Data
Review & Overview
Altoona First Savings Bank is a smaller bank specializing in Home Purchase loans. Altoona First Savings Bank has a high proportion of conventional loans. Their top two markets are Altoona and Johnstown .Altoona First Savings Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
111Origination Dollar Volume (All Markets)
$12,165,000Top 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 |
|---|---|---|---|---|---|
| ALTOONA, PA (FHA|USDA|VA) | 68 | $8,310,000 | $122,206 | $0 | 0.00% |
| Outside of Metro Areas | 38 | $3,320,000 | $87,368 | $0 | 0.00% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 5 | $535,000 | $107,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 111 | $12,165,000 | $109,595 | $0 | 0.00% |
For 2024, Altoona First Savings Bank's most frequently originated type of loan was Conventional, with 111 originations.
Loan Reason
For 2024, Altoona First Savings Bank's most frequently cited loan purpose was Home Purchase, with 43 originations. The 2nd most popular reason was Home Improvement, with 29 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 111 | $12,165,000 | $109,595 | $0 | 0.00% |
For 2024, Altoona First Savings Bank's most frequently cited loan duration was Other, with 111 originations.
Loan Sizing
2024 saw Altoona First Savings Bank place emphasis on $100,000 or less loans with 70 originations, totaling $3,350,000 in origination value.
Applicant Income
Altoona First Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 24 originations. The second most popular income band? $50k-75k, with 21 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 111 | $12,165,000 | $109,595 | $0 | 0.00% |
Altoona First Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 111 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.24%
Altoona First Savings Bank has an average approval rate.
Pick Rate
Approvals leading to origination90.09%
Altoona First Savings Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 111 | $12,165,000 | $109,595 |