First National Bank Of Scotia Mortgage Rates, Fees & Info
Scotia, NYLEI: 549300S5FSS555M0NA74
Tax ID: 14-0696810
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First National Bank Of Scotia is a smaller bank specializing in Home Purchase loans. First National Bank Of Scotia has a high proportion of conventional loans. Their top markets by origination volume include: Albany, Amsterdam, Virginia Beach, Glens Falls, and Hudson among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Bank Of Scotia 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
143Origination Dollar Volume (All Markets)
$28,875,000Top 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 |
|---|---|---|---|---|---|
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 129 | $25,605,000 | $198,488 | $0 | 0.00% |
| Amsterdam, NY (FHA|USDA|VA) | 6 | $960,000 | $160,000 | $0 | 0.00% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $715,000 | $715,000 | $0 | 0.00% |
| GLENS FALLS, NY (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $0 | 0.00% |
| Hudson, NY (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $0 | 0.00% |
| Gloversville, NY (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 143 | $28,875,000 | $201,923 | $0 | 0.00% |
For 2024, First National Bank Of Scotia's most frequently originated type of loan was Conventional, with 143 originations.
Loan Reason
For 2024, First National Bank Of Scotia's most frequently cited loan purpose was Home Purchase, with 64 originations. The 2nd most popular reason was Refi, with 28 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 143 | $28,875,000 | $201,923 | $0 | 0.00% |
For 2024, First National Bank Of Scotia's most frequently cited loan duration was Other, with 143 originations.
Loan Sizing
2024 saw First National Bank Of Scotia place emphasis on $100,000 or less loans with 50 originations, totaling $2,540,000 in origination value.
Applicant Income
First National Bank Of Scotia lent most frequently to those with incomes in the $50k-75k range, with 32 originations. The second most popular income band? $100k-150k, with 29 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 143 | $28,875,000 | $201,923 | $0 | 0.00% |
First National Bank Of Scotia lent most frequently to those with DTI ratios of Exempt%, with 143 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.40%
First National Bank Of Scotia has an average approval rate.
Pick Rate
Approvals leading to origination88.11%
First National Bank Of Scotia has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 143 | $28,875,000 | $201,923 |