York Traditions Bank Mortgage Rates, Fees & Info
York, PALEI: 549300WIBPMHJJ84YQ06
Tax ID: 03-0454928
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Mortgage Data
Review & Overview
York Traditions Bank is a smaller bank specializing in Home Purchase loans. York Traditions Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: York, Gettysburg, Harrisburg, Lancaster, and Baltimore among others. We have data for 38 markets. (Some data included below & more in-depth data is available with an active subscription.)York Traditions 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. York Traditions Bank is typically an average 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 5.84% | 4/21/24 |
| 30 Year Conventional Purchase | 6.95% | 4/21/24 |
| 30 Year Conventional Refi | 6.72% | 4/21/24 |
| 30 Year Cash-out Refi | 7.26% | 4/21/24 |
| 30 Year FHA Purchase | 7.51% | 4/21/24 |
| 30 Year FHA Refi | 6.32% | 4/21/24 |
| 30 Year VA Purchase | 6.51% | 4/21/24 |
| 30 Year VA Refi | 6.13% | 4/21/24 |
| 30 Year USDA Purchase | 6.99% | 4/21/24 |
| 15 Year Conventional Purchase | 6.34% | 4/21/24 |
| 15 Year Conventional Refi | 6.60% | 4/21/24 |
| 15 Year Cash-out Refi | 6.60% | 4/21/24 |
| 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. | ||
York Traditions Bank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,373Origination Dollar Volume (All Markets)
$350,925,000Awards
York Traditions Bank - 2022
York Traditions Bank is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| YORK-HANOVER, PA (FHA|USDA|VA) | 1,002 | $241,330,000 | $240,848 | $5,816 | 5.01% |
| GETTYSBURG, PA (FHA|USDA|VA) | 104 | $30,920,000 | $297,308 | $6,075 | 4.92% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 65 | $17,775,000 | $273,462 | $5,452 | 5.03% |
| LANCASTER, PA (FHA|USDA|VA) | 76 | $16,950,000 | $223,026 | $5,473 | 4.90% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 21 | $7,915,000 | $376,905 | $5,665 | 5.17% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 8 | $6,660,000 | $832,500 | $4,460 | 4.87% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 21 | $6,315,000 | $300,714 | $8,387 | 4.74% |
| LEBANON, PA (FHA|USDA|VA) | 11 | $4,205,000 | $382,273 | $7,648 | 5.58% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 7 | $2,385,000 | $340,714 | $8,708 | 4.64% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 4 | $2,180,000 | $545,000 | $6,852 | 5.25% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 4 | $1,700,000 | $425,000 | $4,976 | 4.78% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 7 | $1,385,000 | $197,857 | $5,489 | 4.80% |
| Pottsville, PA (FHA|USDA|VA) | 3 | $1,045,000 | $348,333 | $0 | 5.08% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $1,040,000 | $520,000 | $8,371 | 4.69% |
| READING, PA (FHA|USDA|VA) | 3 | $935,000 | $311,667 | $8,887 | 5.50% |
| Outside of Metro Areas | 4 | $890,000 | $222,500 | $8,341 | 5.28% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $4,250 | 4.46% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $0 | 4.06% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $3,394 | 5.56% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $5,536 | 2.75% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $5,013 | 5.25% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $3,952 | 5.69% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $4,753 | 3.88% |
| Lock Haven, PA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 4.75% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $3,706 | 5.31% |
| Huntingdon, PA (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $4,327 | 6.13% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,176 | 5.75% |
| Seneca Falls, NY (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,871 | 6.88% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,929 | 4.75% |
| Somerset, PA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,729 | 5.50% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,874 | 3.50% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,629 | 5.50% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,392 | 3.88% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,744 | 2.75% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,789 | 5.13% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 4.25% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,525 | 6.50% |
| Selinsgrove, PA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $95 | 4.74% |
Similar Lenders
We use machine learning to identify the top lenders compared against York Traditions Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2022, York Traditions Bank's most frequently originated type of loan was Conventional, with 997 originations. Their 2nd most popular type was HELOC, with 242 originations.
Loan Reason
For 2022, York Traditions Bank's most frequently cited loan purpose was Home Purchase, with 973 originations. The 2nd most popular reason was Other, with 250 originations.
Loan Duration/Length
For 2022, York Traditions Bank's most frequently cited loan duration was 30 Year, with 1,069 originations. The 2nd most popular length was 30+ year, with 148 originations.
Origination Fees/Closing Costs
York Traditions Bank's average total fees were $6,034, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 760 originations.
Interest Rates
During 2022, York Traditions Bank's average interest rate for loans was 4.99%, while their most frequently originated rate bucket for loans was 5-6%, with 406 originations.
Loan Sizing
2022 saw York Traditions Bank place emphasis on $100k-200k loans with 473 originations, totaling $71,745,000 in origination value.
Applicant Income
York Traditions Bank lent most frequently to those with incomes in the $100k-150k range, with 323 originations. The second most popular income band? $50k-75k, with 274 originations.
Applicant Debt to Income Ratio
York Traditions Bank lent most frequently to those with DTI ratios of 20-30%, with 292 originations. The next most common DTI ratio? 30-36%, with 239 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.75%
York Traditions 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 origination87.55%
York Traditions Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,373 | $350,925,000 | $255,590 |