Pathway Bank Mortgage Rates, Fees & Info
Cairo, NELEI: 549300RMLDF2S89MUC93
Tax ID: 47-0306980
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Pathway Bank is a smaller bank specializing in Home Purchase and Refi loans. Pathway Bank has a high proportion of conventional loans. Their top (well, only) market is Grand Island.Pathway Bank has a below average approval rate when compared to the average across all lenders. They have an 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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
45Origination Dollar Volume (All Markets)
$4,835,000Top 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 |
|---|---|---|---|---|---|
| GRAND ISLAND, NE (FHA|USDA|VA) | 24 | $2,920,000 | $121,667 | $0 | 0.00% |
| Outside of Metro Areas | 21 | $1,915,000 | $91,190 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 45 | $4,835,000 | $107,444 | $0 | 0.00% |
For 2019, Pathway Bank's most frequently originated type of loan was Conventional, with 45 originations.
Loan Reason
For 2019, Pathway Bank's most frequently cited loan purpose was Home Purchase, with 18 originations. The 2nd most popular reason was Refi, with 15 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 45 | $4,835,000 | $107,444 | $0 | 0.00% |
For 2019, Pathway Bank's most frequently cited loan duration was Other, with 45 originations.
Loan Sizing
2019 saw Pathway Bank place emphasis on $100,000 or less loans with 26 originations, totaling $1,320,000 in origination value.
Applicant Income
Pathway Bank lent most frequently to those with incomes in the $50k or less range, with 17 originations. The second most popular income band? $100k-150k, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 45 | $4,835,000 | $107,444 | $0 | 0.00% |
Pathway Bank lent most frequently to those with DTI ratios of Exempt%, with 45 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 41 | $3,965,000 | $96,707 | $0 | 0.00% |
| Asian | 1 | $715,000 | $715,000 | $0 | 0.00% |
| Not applicable | 3 | $155,000 | $51,667 | $0 | 0.00% |
Approval Rates
Total approvals of all applications65.00%
Pathway Bank has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination91.11%
Pathway Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 45 | $4,835,000 | $107,444 |