Lehigh Valley Educators Mortgage Rates, Fees & Info

Allentown, PA

LEI: 549300UU637N6PFNEE28

Tax ID: 23-0338105

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Lehigh Valley Educators is a smaller mortgage company specializing in Other loans. Lehigh Valley Educators has a high proportion of conventional loans. Their top markets by origination volume include: Allentown, Reading, and Philadelphia among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Lehigh Valley Educators has an above average approval rate when compared to the average across all 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.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.78% 12/4/24
    30 Year Cash-out Refi 6.27% 12/4/24
    15 Year Conventional Purchase 6.19% 12/4/24
    15 Year Conventional Refi 5.80% 12/4/24
    15 Year Cash-out Refi 5.80% 12/4/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Lehigh Valley Educators Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Lehigh Valley Educators. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    116

    Origination Dollar Volume (All Markets)

    $7,900,000

    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
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 111 $7,555,000 $68,063 $376 4.12%
    READING, PA (FHA|USDA|VA) 3 $225,000 $75,000 $527 4.30%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $120,000 $60,000 $375 3.38%
    Lehigh Valley Educators's top markets include Allentown, Reading, and Philadelphia among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 116 $7,900,000 $68,103 $379 4.12%

    For 2018, Lehigh Valley Educators's most frequently originated type of loan was Conventional, with 116 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 70 $4,770,000 $68,143 $386 4.22%
    Home Improvement 32 $1,570,000 $49,063 $370 3.77%
    Home Purchase 8 $1,070,000 $133,750 $394 4.36%
    Refi 6 $490,000 $81,667 $332 4.44%

    For 2018, Lehigh Valley Educators's most frequently cited loan purpose was Other, with 70 originations. The 2nd most popular reason was Home Improvement, with 32 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    10 Year 42 $2,750,000 $65,476 $398 3.90%
    15 Year 27 $1,945,000 $72,037 $393 4.44%
    20 Year 16 $1,980,000 $123,750 $413 5.40%
    5 Year 15 $505,000 $33,667 $319 3.69%
    3 Year 11 $265,000 $24,091 $308 3.02%
    Other 5 $455,000 $91,000 $378 3.79%

    For 2018, Lehigh Valley Educators's most frequently cited loan duration was 10 Year, with 42 originations. The 2nd most popular length was 15 Year, with 27 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 63 $4,295,000 $68,175
    4-5% 20 $1,300,000 $65,000
    5-6% 18 $1,860,000 $103,333
    2.5-3% 11 $345,000 $31,364
    6-7% 2 $70,000 $35,000
    <2.5% 1 $15,000 $15,000
    7-8% 1 $15,000 $15,000

    During 2018, Lehigh Valley Educators's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 3-4%, with 63 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 91 $4,005,000 $44,011 $367 4.02%
    $100k-200k 22 $3,090,000 $140,455 $424 4.40%
    $200k-400k 3 $805,000 $268,333 $420 4.82%

    2018 saw Lehigh Valley Educators place emphasis on $100,000 or less loans with 91 originations, totaling $4,005,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 30 $2,690,000 $89,667 $375 4.28%
    $150k-250k 26 $1,680,000 $64,615 $417 4.08%
    $100k-150k 20 $1,430,000 $71,500 $397 3.89%
    $50k or less 19 $875,000 $46,053 $308 4.28%
    $75k-100k 18 $960,000 $53,333 $383 4.01%
    $250k+ 3 $265,000 $88,333 $420 3.92%

    Lehigh Valley Educators lent most frequently to those with incomes in the $50k-75k range, with 30 originations. The second most popular income band? $150k-250k, with 26 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 37 $2,415,000 $65,270 $369 3.94%
    30-36% 22 $1,620,000 $73,636 $401 4.12%
    <20% 15 $885,000 $59,000 $328 3.81%
    43% 11 $655,000 $59,545 $381 4.54%
    39% 7 $405,000 $57,857 $383 3.88%
    42% 6 $360,000 $60,000 $332 4.56%
    38% 4 $300,000 $75,000 $439 3.81%
    36% 4 $260,000 $65,000 $420 4.29%
    41% 3 $465,000 $155,000 $420 4.87%
    37% 3 $315,000 $105,000 $463 4.25%
    40% 2 $80,000 $40,000 $420 3.13%
    >60% 1 $15,000 $15,000 $420 7.79%
    47% 1 $125,000 $125,000 $420 5.50%

    Lehigh Valley Educators lent most frequently to those with DTI ratios of 20-30%, with 37 originations. The next most common DTI ratio? 30-36%, with 22 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 114 $7,860,000 $68,947 $379 4.09%
    Black 2 $40,000 $20,000 $420 5.84%

    Approval Rates

    Total approvals of all applications
    100.00%

    Lehigh Valley Educators has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 116 $7,900,000 $68,103

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 116 $7,900,000 $68,103

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 37 $2,575,000 $69,595 $373 4.15%
    40-60% 8 $910,000 $113,750 $394 4.42%
    60-80% 7 $1,075,000 $153,571 $420 4.37%
    80-100% 9 $1,515,000 $168,333 $431 4.81%
    Under 20% 55 $1,825,000 $33,182 $368 3.90%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    LAKEVIEW LOAN SERVICING, LLC Conventional home mortgage Credit monitoring or identity theft protection services 1 0.8%
    LAKEVIEW LOAN SERVICING, LLC Conventional home mortgage Incorrect information on your report 1 0.8%
    LAKEVIEW LOAN SERVICING, LLC Conventional home mortgage Struggling to pay mortgage 3 2.3%
    LAKEVIEW LOAN SERVICING, LLC Conventional home mortgage Trouble during payment process 49 36.8%
    LAKEVIEW LOAN SERVICING, LLC FHA mortgage Applying for a mortgage or refinancing an existing mortgage 3 2.3%
    LAKEVIEW LOAN SERVICING, LLC FHA mortgage Closing on a mortgage 2 1.5%
    LAKEVIEW LOAN SERVICING, LLC FHA mortgage Incorrect information on your report 1 0.8%
    LAKEVIEW LOAN SERVICING, LLC FHA mortgage Struggling to pay mortgage 11 8.3%
    LAKEVIEW LOAN SERVICING, LLC FHA mortgage Trouble during payment process 38 28.6%
    LAKEVIEW LOAN SERVICING, LLC Other type of mortgage Struggling to pay mortgage 3 2.3%
    LAKEVIEW LOAN SERVICING, LLC Other type of mortgage Trouble during payment process 8 6.0%
    LAKEVIEW LOAN SERVICING, LLC VA mortgage Closing on a mortgage 1 0.8%
    LAKEVIEW LOAN SERVICING, LLC VA mortgage Struggling to pay mortgage 1 0.8%
    LAKEVIEW LOAN SERVICING, LLC VA mortgage Trouble during payment process 11 8.3%