Desjardins Bank Mortgage Rates, Fees & Info
Hallandale Beach, FLLEI: 549300U37SC1LBUJFV92
Tax ID: 65-0315279
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Mortgage Data
Review & Overview
Desjardins Bank is a smaller bank specializing in Home Purchase loans. Desjardins Bank has a high proportion of conventional loans. Their top markets by origination volume include: Miami, Cape Coral, Lakeland, Naples, and Orlando among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)Desjardins 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
153Origination Dollar Volume (All Markets)
$55,685,000Top 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 |
|---|---|---|---|---|---|
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 105 | $37,765,000 | $359,667 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 12 | $5,960,000 | $496,667 | $0 | 0.00% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 12 | $2,860,000 | $238,333 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 3 | $2,015,000 | $671,667 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 8 | $1,870,000 | $233,750 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 3 | $1,625,000 | $541,667 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $1,405,000 | $468,333 | $0 | 0.00% |
| Key West, FL (FHA|USDA|VA) | 2 | $1,060,000 | $530,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 153 | $55,685,000 | $363,954 | $0 | 0.00% |
For 2023, Desjardins Bank's most frequently originated type of loan was Conventional, with 153 originations.
Loan Reason
For 2023, Desjardins Bank's most frequently cited loan purpose was Home Purchase, with 134 originations. The 2nd most popular reason was Home Improvement, with 8 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 153 | $55,685,000 | $363,954 | $0 | 0.00% |
For 2023, Desjardins Bank's most frequently cited loan duration was Other, with 153 originations.
Loan Sizing
2023 saw Desjardins Bank place emphasis on $200k-400k loans with 53 originations, totaling $15,545,000 in origination value.
Applicant Income
Desjardins Bank lent most frequently to those with incomes in the $150k-250k range, with 35 originations. The second most popular income band? $100k-150k, with 22 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 153 | $55,685,000 | $363,954 | $0 | 0.00% |
Desjardins Bank lent most frequently to those with DTI ratios of Exempt%, with 153 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.65%
Desjardins Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination84.97%
Desjardins Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 153 | $55,685,000 | $363,954 |