Norristown Bell Mortgage Rates, Fees & Info
Blue Bell, PALEI: 549300WTVIGCZ5GK4376
Tax ID: 23-1381955
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Norristown Bell is a smaller mortgage company specializing in Home Improvement, Refi, and Cash Out Refi loans. Norristown Bell has a high proportion of conventional loans. Their top two markets are Philadelphia and Reading .Norristown Bell has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar 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.
Originations
31Origination Dollar Volume (All Markets)
$1,745,000Top 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 |
|---|---|---|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 30 | $1,720,000 | $57,333 | $0 | 0.00% |
| READING, PA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Their top states include:
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 31 | $1,745,000 | $56,290 | $0 | 0.00% |
For 2019, Norristown Bell's most frequently originated type of loan was Conventional, with 31 originations.
Loan Reason
For 2019, Norristown Bell's most frequently cited loan purpose was Home Improvement, with 20 originations. The 2nd most popular reason was Refi, with 6 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 31 | $1,745,000 | $56,290 | $0 | 0.00% |
For 2019, Norristown Bell's most frequently cited loan duration was Other, with 31 originations.
Loan Sizing
2019 saw Norristown Bell place emphasis on $100,000 or less loans with 27 originations, totaling $1,005,000 in origination value.
Applicant Income
Norristown Bell lent most frequently to those with incomes in the $100k-150k range, with 9 originations. The second most popular income band? $50k-75k, with 9 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 31 | $1,745,000 | $56,290 | $0 | 0.00% |
Norristown Bell lent most frequently to those with DTI ratios of Exempt%, with 31 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 27 | $1,575,000 | $58,333 | $0 | 0.00% |
| Black | 3 | $105,000 | $35,000 | $0 | 0.00% |
| Not provided | 1 | $65,000 | $65,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications87.18%
Norristown Bell has an average approval rate.
Pick Rate
Approvals leading to origination90.32%
Norristown Bell has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 31 | $1,745,000 | $56,290 |