The Bank Of Delmarva Mortgage Rates, Fees & Info
SALISBURY, MDLEI: 549300T77W6SEYOH0U64
Tax ID: 52-0238575
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Bank Of Delmarva is a smaller bank specializing in Home Purchase and Refi loans. The Bank Of Delmarva has a high proportion of conventional loans. Their top markets by origination volume include: Salisbury, Philadelphia, Atlantic City, Dover, and Washington among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)The Bank Of Delmarva 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
78Origination Dollar Volume (All Markets)
$21,840,000Top 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 |
|---|---|---|---|---|---|
| SALISBURY, MD-DE (FHA|USDA|VA) | 56 | $13,480,000 | $240,714 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 12 | $6,070,000 | $505,833 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $1,190,000 | $595,000 | $0 | 0.00% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 4 | $610,000 | $152,500 | $0 | 0.00% |
| DOVER, DE (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 78 | $21,840,000 | $280,000 | $0 | 0.00% |
For 2018, The Bank Of Delmarva's most frequently originated type of loan was Conventional, with 78 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 55 | $9,945,000 | $180,818 | $0 | 0.00% |
| Refi | 20 | $11,660,000 | $583,000 | $0 | 0.00% |
| Home Improvement | 3 | $235,000 | $78,333 | $0 | 0.00% |
For 2018, The Bank Of Delmarva's most frequently cited loan purpose was Home Purchase, with 55 originations. The 2nd most popular reason was Refi, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 78 | $21,840,000 | $280,000 | $0 | 0.00% |
For 2018, The Bank Of Delmarva's most frequently cited loan duration was Other, with 78 originations.
Loan Sizing
2018 saw The Bank Of Delmarva place emphasis on $100k-200k loans with 27 originations, totaling $3,765,000 in origination value.
Applicant Income
The Bank Of Delmarva lent most frequently to those with incomes in the $250k+ range, with 10 originations. The second most popular income band? $50k-75k, with 7 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 78 | $21,840,000 | $280,000 | $0 | 0.00% |
The Bank Of Delmarva lent most frequently to those with DTI ratios of Exempt%, with 78 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.00%
The Bank Of Delmarva has an average approval rate.
Pick Rate
Approvals leading to origination79.49%
The Bank Of Delmarva has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 78 | $21,840,000 | $280,000 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 10 | 9.8% |
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Closing on a mortgage | 4 | 3.9% |
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Incorrect information on your report | 1 | 1.0% |
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Struggling to pay mortgage | 6 | 5.9% |
| TD BANK US HOLDING COMPANY | Conventional home mortgage | Trouble during payment process | 30 | 29.4% |
| TD BANK US HOLDING COMPANY | FHA mortgage | Incorrect information on your report | 1 | 1.0% |
| TD BANK US HOLDING COMPANY | FHA mortgage | Struggling to pay mortgage | 4 | 3.9% |
| TD BANK US HOLDING COMPANY | FHA mortgage | Trouble during payment process | 1 | 1.0% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 8 | 7.8% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 3 | 2.9% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Incorrect information on your report | 1 | 1.0% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Problem with a credit reporting company's investigation into an existing problem | 1 | 1.0% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Struggling to pay mortgage | 3 | 2.9% |
| TD BANK US HOLDING COMPANY | Home equity loan or line of credit (HELOC) | Trouble during payment process | 14 | 13.7% |
| TD BANK US HOLDING COMPANY | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 1.0% |
| TD BANK US HOLDING COMPANY | Other type of mortgage | Closing on a mortgage | 3 | 2.9% |
| TD BANK US HOLDING COMPANY | Other type of mortgage | Struggling to pay mortgage | 4 | 3.9% |
| TD BANK US HOLDING COMPANY | Other type of mortgage | Trouble during payment process | 7 | 6.9% |