Desjardins Bank Mortgage Rates, Fees & Info

Hallandale Beach, FL

LEI: 549300U37SC1LBUJFV92

Tax ID: 65-0315279

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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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, Orlando, Port St. Lucie, and Naples among others. We have data for 18 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

198

Origination Dollar Volume (All Markets)

$80,050,000

Top 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) 135 $55,695,000 $412,556 $0 0.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 11 $5,065,000 $460,455 $0 0.00%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 13 $4,285,000 $329,615 $0 0.00%
PORT ST. LUCIE, FL (FHA|USDA|VA) 8 $3,220,000 $402,500 $0 0.00%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 7 $2,315,000 $330,714 $0 0.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $2,180,000 $545,000 $0 0.00%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 6 $1,480,000 $246,667 $0 0.00%
Key West, FL (FHA|USDA|VA) 1 $1,305,000 $1,305,000 $0 0.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $1,295,000 $431,667 $0 0.00%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $615,000 $615,000 $0 0.00%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $605,000 $605,000 $0 0.00%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $590,000 $295,000 $0 0.00%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $465,000 $465,000 $0 0.00%
BURLINGTON, NC (FHA|USDA|VA) 1 $335,000 $335,000 $0 0.00%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $175,000 $175,000 $0 0.00%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
Outside of Metro Areas 1 $145,000 $145,000 $0 0.00%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
Desjardins Bank's top markets include Miami, Cape Coral, Orlando, Port St. Lucie, and Naples among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 198 $80,050,000 $404,293 $0 0.00%

    For 2022, Desjardins Bank's most frequently originated type of loan was Conventional, with 198 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 182 $74,220,000 $407,802 $0 0.00%
    Other 7 $2,695,000 $385,000 $0 0.00%
    Home Improvement 5 $1,325,000 $265,000 $0 0.00%
    Refi 4 $1,810,000 $452,500 $0 0.00%

    For 2022, Desjardins Bank's most frequently cited loan purpose was Home Purchase, with 182 originations. The 2nd most popular reason was Other, with 7 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 198 $80,050,000 $404,293 $0 0.00%

    For 2022, Desjardins Bank's most frequently cited loan duration was Other, with 198 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 70 $20,160,000 $288,000 $0 0.00%
    $100k-200k 46 $6,970,000 $151,522 $0 0.00%
    $400k-600k 33 $15,665,000 $474,697 $0 0.00%
    $600k-1MM 20 $14,920,000 $746,000 $0 0.00%
    $100,000 or less 16 $1,170,000 $73,125 $0 0.00%
    $1MM+ 13 $21,165,000 $1,628,077 $0 0.00%

    2022 saw Desjardins Bank place emphasis on $200k-400k loans with 70 originations, totaling $20,160,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 54 $15,990,000 $296,111 $0 0.00%
    $250k+ 35 $19,625,000 $560,714 $0 0.00%
    $100k-150k 24 $5,290,000 $220,417 $0 0.00%
    $50k-75k 14 $1,700,000 $121,429 $0 0.00%
    $75k-100k 9 $1,215,000 $135,000 $0 0.00%
    $50k or less 1 $315,000 $315,000 $0 0.00%

    Desjardins Bank lent most frequently to those with incomes in the $150k-250k range, with 54 originations. The second most popular income band? $250k+, with 35 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 198 $80,050,000 $404,293 $0 0.00%

    Desjardins Bank lent most frequently to those with DTI ratios of Exempt%, with 198 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 101 $33,355,000 $330,248 $0 0.00%
    Not applicable 51 $28,055,000 $550,098 $0 0.00%
    Not provided 34 $15,450,000 $454,412 $0 0.00%
    Black 5 $1,435,000 $287,000 $0 0.00%
    Asian 4 $1,010,000 $252,500 $0 0.00%
    Native Hawaiian or Islander 1 $425,000 $425,000 $0 0.00%
    Other Asian 1 $245,000 $245,000 $0 0.00%
    Asian Indian 1 $75,000 $75,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.61%

    Desjardins Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.36%

    Desjardins Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 198 $80,050,000 $404,293

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    198 $80,050,000 $404,293