Home Savings Bank Mortgage Rates, Fees & Info

Youngstown, OH

LEI: 549300VL8SV6D5TQO645

Tax ID: 34-1936418

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

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • 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

    Home Savings Bank is a smaller bank specializing in Home Purchase loans. Home Savings Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Cleveland, Youngstown, Columbus, Pittsburgh, and Morgantown among others. We have data for 78 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Home Savings Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Home Savings Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.


    Originations

    3,240

    Origination Dollar Volume (All Markets)

    $694,470,000
    Show all (17) awards

    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
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 312 $110,230,000 $353,301 $4,165 4.67%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 815 $89,865,000 $110,264 $2,873 4.78%
    COLUMBUS, OH (FHA|USDA|VA) 198 $70,480,000 $355,960 $4,602 4.62%
    PITTSBURGH, PA (FHA|USDA|VA) 213 $69,665,000 $327,066 $5,510 4.57%
    MORGANTOWN, WV (FHA|USDA|VA) 228 $49,460,000 $216,930 $3,793 4.52%
    AKRON, OH (FHA|USDA|VA) 189 $36,025,000 $190,608 $3,707 4.76%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 83 $35,815,000 $431,506 $3,965 4.72%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 153 $33,105,000 $216,373 $3,875 4.71%
    TOLEDO, OH (FHA|USDA|VA) 117 $24,865,000 $212,521 $4,315 4.67%
    Salem, OH (FHA|USDA|VA) 251 $21,655,000 $86,275 $2,573 4.82%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 18 $18,680,000 $1,037,778 $3,580 4.83%
    WHEELING, WV-OH (FHA|USDA|VA) 74 $13,270,000 $179,324 $4,094 4.75%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 2 $11,410,000 $5,705,000 $0 7.60%
    Fairmont, WV (FHA|USDA|VA) 62 $11,190,000 $180,484 $4,164 4.45%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $11,005,000 $11,005,000 $0 4.60%
    Outside of Metro Areas 47 $9,805,000 $208,617 $4,300 4.69%
    Norwalk, OH (FHA|USDA|VA) 79 $7,615,000 $96,392 $3,003 4.75%
    Clarksburg, WV (FHA|USDA|VA) 35 $7,405,000 $211,571 $4,423 4.54%
    Sandusky, OH (FHA|USDA|VA) 52 $6,390,000 $122,885 $3,500 4.95%
    Wooster, OH (FHA|USDA|VA) 23 $4,605,000 $200,217 $3,957 4.76%
    Fremont, OH (FHA|USDA|VA) 24 $3,070,000 $127,917 $3,335 4.67%
    PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 9 $3,015,000 $335,000 $4,116 4.71%
    MANSFIELD, OH (FHA|USDA|VA) 25 $2,775,000 $111,000 $3,606 4.95%
    Mount Vernon, OH (FHA|USDA|VA) 12 $2,590,000 $215,833 $4,175 4.64%
    Ashland, OH (FHA|USDA|VA) 25 $2,495,000 $99,800 $3,015 4.72%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 9 $2,395,000 $266,111 $3,708 4.78%
    Tiffin, OH (FHA|USDA|VA) 25 $2,345,000 $93,800 $2,534 4.65%
    LOUISVILLE, KY (FHA|USDA|VA) 6 $2,340,000 $390,000 $4,986 5.04%
    WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 15 $1,855,000 $123,667 $3,943 5.14%
    New Castle, PA (FHA|USDA|VA) 10 $1,850,000 $185,000 $4,406 4.67%
    Marion, OH (FHA|USDA|VA) 7 $1,835,000 $262,143 $4,102 4.93%
    Zanesville, OH (FHA|USDA|VA) 6 $1,310,000 $218,333 $4,543 4.79%
    Ashtabula, OH (FHA|USDA|VA) 8 $1,290,000 $161,250 $4,154 4.69%
    Findlay, OH (FHA|USDA|VA) 6 $1,250,000 $208,333 $4,360 4.27%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 7 $1,235,000 $176,429 $1,973 4.64%
    Indiana, PA (FHA|USDA|VA) 7 $1,225,000 $175,000 $4,794 4.59%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 4 $1,130,000 $282,500 $5,699 5.13%
    Bellefontaine, OH (FHA|USDA|VA) 4 $1,100,000 $275,000 $7,843 4.50%
    Cambridge, OH (FHA|USDA|VA) 6 $1,050,000 $175,000 $3,959 4.50%
    Chillicothe, OH (FHA|USDA|VA) 3 $915,000 $305,000 $3,450 4.63%
    MONROE, MI (FHA|USDA|VA) 3 $895,000 $298,333 $6,543 4.92%
    Marietta, OH (FHA|USDA|VA) 6 $870,000 $145,000 $4,560 5.00%
    Urbana, OH (FHA|USDA|VA) 4 $790,000 $197,500 $3,276 4.94%
    New Philadelphia-Dover, OH (FHA|USDA|VA) 4 $740,000 $185,000 $3,374 4.91%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $735,000 $245,000 $4,948 4.83%
    ANN ARBOR, MI (FHA|USDA|VA) 3 $705,000 $235,000 $4,620 4.63%
    SPRINGFIELD, OH (FHA|USDA|VA) 3 $695,000 $231,667 $4,652 4.79%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $670,000 $335,000 $8,424 4.81%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $650,000 $325,000 $6,173 4.44%
    Athens, OH (FHA|USDA|VA) 3 $605,000 $201,667 $4,347 5.25%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $600,000 $150,000 $2,658 4.31%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $495,000 $495,000 $5,770 5.25%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $450,000 $225,000 $5,349 4.75%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $435,000 $435,000 $5,223 4.25%
    Somerset, PA (FHA|USDA|VA) 2 $350,000 $175,000 $4,476 4.50%
    Greenville, OH (FHA|USDA|VA) 1 $345,000 $345,000 $6,067 4.00%
    Coshocton, OH (FHA|USDA|VA) 1 $325,000 $325,000 $4,345 5.13%
    Wapakoneta, OH (FHA|USDA|VA) 1 $295,000 $295,000 $4,428 4.25%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 3 $295,000 $98,333 $2,988 4.88%
    LIMA, OH (FHA|USDA|VA) 1 $295,000 $295,000 $4,558 4.38%
    Bucyrus-Galion, OH (FHA|USDA|VA) 1 $275,000 $275,000 $7,218 5.50%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $265,000 $265,000 $2,485 3.88%
    WINSTON-SALEM, NC (FHA|USDA|VA) 1 $255,000 $255,000 $3,118 4.75%
    Sidney, OH (FHA|USDA|VA) 1 $255,000 $255,000 $4,433 4.50%
    FLINT, MI (FHA|USDA|VA) 1 $245,000 $245,000 $5,147 4.88%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $245,000 $245,000 $4,059 4.50%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $245,000 $245,000 $4,155 4.88%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $230,000 $115,000 $3,117 4.31%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $215,000 $215,000 $4,203 4.50%
    Portsmouth, OH (FHA|USDA|VA) 1 $215,000 $215,000 $4,015 5.38%
    RALEIGH-CARY, NC (FHA|USDA|VA) 1 $195,000 $195,000 $2,910 4.63%
    Coldwater, MI (FHA|USDA|VA) 2 $190,000 $95,000 $2,672 4.81%
    Washington Court House, OH (FHA|USDA|VA) 1 $175,000 $175,000 $3,280 4.63%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $175,000 $175,000 $2,991 3.88%
    Houghton, MI (FHA|USDA|VA) 1 $135,000 $135,000 $3,289 3.88%
    Warren, PA (FHA|USDA|VA) 1 $135,000 $135,000 $4,315 4.88%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $115,000 $115,000 $3,219 4.50%
    Seneca, SC (FHA|USDA|VA) 1 $55,000 $55,000 $3,157 5.63%
    Home Savings Bank's top markets include Cleveland, Youngstown, Columbus, Pittsburgh, and Morgantown among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • West Virginia (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Home Savings Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Westmoreland Federal Savings
    Similarity Rank: 12
    Cleveland Selfreliance FCU
    Similarity Rank: 15
    TRI BORO
    Similarity Rank: 25
    Home Federal Savings and Loan Association of Niles
    Similarity Rank: 32
    FIRESTONE
    Similarity Rank: 32
    Belmont Savings Bank
    Similarity Rank: 35
    First Federal Savings and Loan Association of Delta
    Similarity Rank: 48
    JEEP COUNTRY
    Similarity Rank: 52
    Commercial Bank and Trust of PA
    Similarity Rank: 57
    HANCOCK COUNTY SAVINGS BANK, FSB, INC.
    Similarity Rank: 96

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,361 $617,165,000 $261,400 $3,670 4.65%
    HELOC 655 $41,405,000 $63,214 n/a 5.07%
    FHA 149 $22,185,000 $148,893 $5,545 4.27%
    VA 41 $9,095,000 $221,829 $4,734 4.26%
    USDA 34 $4,620,000 $135,882 $4,502 4.32%

    For 2018, Home Savings Bank's most frequently originated type of loan was Conventional, with 2,361 originations. Their 2nd most popular type was HELOC, with 655 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,095 $567,525,000 $270,895 $4,231 4.61%
    Refi 480 $73,420,000 $152,958 $2,032 4.86%
    Home Improvement 394 $21,590,000 $54,797 $911 5.07%
    Cash Out Refi 142 $25,420,000 $179,014 $3,251 4.46%
    Other 129 $6,515,000 $50,504 $1,025 5.05%

    For 2018, Home Savings Bank's most frequently cited loan purpose was Home Purchase, with 2,095 originations. The 2nd most popular reason was Refi, with 480 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,236 $218,840,000 $177,055 $3,665 4.57%
    30+ year 802 $249,220,000 $310,748 $4,935 4.73%
    20 Year 718 $50,880,000 $70,864 $2,974 5.01%
    15 Year 190 $27,240,000 $143,368 $2,856 4.18%
    10 Year 175 $20,755,000 $118,600 $610 5.01%
    Other 84 $38,200,000 $454,762 $4,428 4.45%
    5 Year 32 $39,470,000 $1,233,438 $334 5.11%
    3 Year 2 $45,350,000 $22,675,000 $0 4.81%
    1 Year 1 $4,515,000 $4,515,000 $0 4.91%

    For 2018, Home Savings Bank's most frequently cited loan duration was 30 Year, with 1,236 originations. The 2nd most popular length was 30+ year, with 802 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,549 $360,315,000 $232,611
    $<1k 780 $118,700,000 $152,179
    $2k-3k 108 $34,730,000 $321,574
    $3k-4k 23 $8,775,000 $381,522
    $5k+ 20 $6,980,000 $349,000
    $4k-5k 10 $3,470,000 $347,000

    Home Savings Bank's average total fees were $3,665, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,549 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 2,228 $471,890,000 $211,800
    5-6% 569 $106,005,000 $186,301
    3-4% 360 $81,240,000 $225,667
    6-7% 75 $4,055,000 $54,067
    7-8% 4 $110,000 $27,500
    2.5-3% 2 $220,000 $110,000
    Over 8% 1 $1,005,000 $1,005,000
    % 1 $29,945,000 $29,945,000

    During 2018, Home Savings Bank's average interest rate for loans was 4.57%, while their most frequently originated rate bucket for loans was 4-5%, with 2,228 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,195 $61,195,000 $51,209 $1,996 4.91%
    $200k-400k 930 $258,190,000 $277,624 $4,762 4.63%
    $100k-200k 834 $121,500,000 $145,683 $3,500 4.56%
    $400k-600k 202 $91,610,000 $453,515 $5,299 4.57%
    $600k-1MM 59 $44,315,000 $751,102 $6,461 4.40%
    $1MM+ 20 $117,660,000 $5,883,000 $6,818 5.22%

    2018 saw Home Savings Bank place emphasis on $100,000 or less loans with 1,195 originations, totaling $61,195,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 767 $157,475,000 $205,313 $4,240 4.74%
    $50k-75k 675 $82,185,000 $121,756 $3,572 4.72%
    $75k-100k 573 $92,195,000 $160,899 $3,847 4.70%
    $50k or less 523 $40,715,000 $77,849 $2,877 4.71%
    $150k-250k 446 $120,570,000 $270,336 $4,199 4.68%
    $250k+ 204 $84,100,000 $412,255 $4,462 4.56%

    Home Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 767 originations. The second most popular income band? $50k-75k, with 675 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 864 $138,500,000 $160,301 $3,507 4.69%
    30-36% 634 $107,880,000 $170,158 $3,719 4.77%
    <20% 335 $47,165,000 $140,791 $3,162 4.64%
    38% 131 $26,355,000 $201,183 $3,982 4.73%
    40% 130 $25,560,000 $196,615 $4,284 4.76%
    41% 125 $23,815,000 $190,520 $3,896 4.72%
    42% 124 $22,920,000 $184,839 $4,076 4.82%
    43% 118 $29,610,000 $250,932 $4,490 4.66%
    39% 113 $18,635,000 $164,912 $3,640 4.77%
    36% 108 $21,420,000 $198,333 $3,953 4.70%
    37% 101 $19,755,000 $195,594 $4,018 4.73%
    44% 93 $25,035,000 $269,194 $4,410 4.67%
    45% 75 $17,965,000 $239,533 $3,948 4.62%
    46% 69 $14,215,000 $206,014 $4,075 4.72%
    47% 56 $13,220,000 $236,071 $4,168 4.59%
    50-60% 42 $8,710,000 $207,381 $4,594 4.44%
    48% 40 $9,150,000 $228,750 $4,537 4.63%
    49% 38 $8,390,000 $220,789 $4,582 4.45%
    >60% 12 $750,000 $62,500 $929 5.04%

    Home Savings Bank lent most frequently to those with DTI ratios of 20-30%, with 864 originations. The next most common DTI ratio? 30-36%, with 634 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,878 $508,100,000 $176,546 $3,734 4.71%
    Not applicable 29 $109,915,000 $3,790,172 $2,756 5.55%
    Not provided 256 $57,310,000 $223,867 $4,438 4.64%
    Asian 36 $10,370,000 $288,056 $4,981 4.47%
    Black 37 $6,285,000 $169,865 $3,314 4.62%
    Asian Indian 1 $1,725,000 $1,725,000 $9,134 4.88%
    American Indian 3 $765,000 $255,000 $7,284 4.71%

    Approval Rates

    Total approvals of all applications
    87.59%

    Home Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.17%

    Home Savings Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,240 $694,470,000 $214,343

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 23 $114,115,000 $4,961,522
    Single Family (1-4 Units):Manufactured 31 $2,835,000 $91,452
    Single Family (1-4 Units):Site-Built 3,186 $577,520,000 $181,268

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 385 $30,995,000 $80,506 $1,080 4.87%
    40-60% 325 $68,185,000 $209,800 $3,203 4.60%
    60-80% 827 $268,755,000 $324,976 $4,041 4.59%
    80-100% 1,324 $304,910,000 $230,295 $4,424 4.63%
    Over 100% 9 $2,395,000 $266,111 $5,845 4.51%
    Under 20% 369 $19,065,000 $51,667 $368 5.20%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Homes By Hunt LLC FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%