Baltimore County Employees Mortgage Rates, Fees & Info

Towson, MD

LEI: 549300XO2MXF3RX56J09

Tax ID: 52-0798315

Latest/2024 | 2023 Data | 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
  • 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

    Baltimore County Employees is a smaller mortgage company specializing in Home Improvement and Cash Out Refi loans. Baltimore County Employees has a high proportion of conventional loans. Their top markets by origination volume include: Baltimore, York, and Washington among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Baltimore County Employees 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.

    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
    15 Year Conventional Refi 5.49% 4/5/25
    15 Year Cash-out Refi 5.49% 4/5/25
    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.

    Baltimore County Employees Mortgage Calculator






    Your Estimates

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    This is not an official calculator from Baltimore County Employees. 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

    87

    Origination Dollar Volume (All Markets)

    $6,745,000

    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
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 75 $5,915,000 $78,867 $0 5.51%
    YORK-HANOVER, PA (FHA|USDA|VA) 9 $605,000 $67,222 $0 5.53%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $160,000 $80,000 $0 5.50%
    Outside of Metro Areas 1 $65,000 $65,000 $0 5.50%
    Baltimore County Employees's top markets include Baltimore, York, and Washington among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 87 $6,745,000 $77,529 $0 5.51%

    For 2024, Baltimore County Employees's most frequently originated type of loan was Conventional, with 87 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 65 $4,455,000 $68,538 $0 5.50%
    Cash Out Refi 11 $1,405,000 $127,727 $0 5.50%
    Refi 9 $765,000 $85,000 $0 5.58%
    Other 2 $120,000 $60,000 $0 5.50%

    For 2024, Baltimore County Employees's most frequently cited loan purpose was Home Improvement, with 65 originations. The 2nd most popular reason was Cash Out Refi, with 11 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 55 $4,555,000 $82,818 $0 5.53%
    10 Year 30 $2,090,000 $69,667 $0 5.50%
    5 Year 1 $55,000 $55,000 $0 5.00%
    Other 1 $45,000 $45,000 $0 5.50%

    For 2024, Baltimore County Employees's most frequently cited loan duration was 15 Year, with 55 originations. The 2nd most popular length was 10 Year, with 30 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 85 $6,655,000 $78,294
    4-5% 1 $55,000 $55,000
    6-7% 1 $35,000 $35,000

    During 2024, Baltimore County Employees's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 5-6%, with 85 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 64 $3,470,000 $54,219 $0 5.50%
    $100k-200k 22 $2,790,000 $126,818 $0 5.53%
    $400k-600k 1 $485,000 $485,000 $0 5.50%

    2024 saw Baltimore County Employees place emphasis on $100,000 or less loans with 64 originations, totaling $3,470,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 30 $2,340,000 $78,000 $0 5.50%
    $150k-250k 20 $1,690,000 $84,500 $0 5.51%
    $75k-100k 19 $1,215,000 $63,947 $0 5.54%
    $50k-75k 10 $570,000 $57,000 $0 5.50%
    $250k+ 4 $720,000 $180,000 $0 5.50%
    $50k or less 4 $210,000 $52,500 $0 5.50%

    Baltimore County Employees lent most frequently to those with incomes in the $100k-150k range, with 30 originations. The second most popular income band? $150k-250k, with 20 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 23 $1,755,000 $76,304 $0 5.49%
    30-36% 16 $1,030,000 $64,375 $0 5.53%
    <20% 10 $610,000 $61,000 $0 5.50%
    36% 6 $380,000 $63,333 $0 5.50%
    42% 5 $625,000 $125,000 $0 5.50%
    43% 5 $355,000 $71,000 $0 5.50%
    37% 4 $640,000 $160,000 $0 5.69%
    39% 3 $245,000 $81,667 $0 5.50%
    38% 3 $285,000 $95,000 $0 5.50%
    50-60% 2 $100,000 $50,000 $0 5.50%
    41% 2 $260,000 $130,000 $0 5.50%
    46% 2 $90,000 $45,000 $0 5.50%
    47% 2 $140,000 $70,000 $0 5.50%
    40% 1 $65,000 $65,000 $0 5.50%
    48% 1 $45,000 $45,000 $0 5.50%
    45% 1 $105,000 $105,000 $0 5.50%
    49% 1 $15,000 $15,000 $0 5.50%

    Baltimore County Employees lent most frequently to those with DTI ratios of 20-30%, with 23 originations. The next most common DTI ratio? 30-36%, with 16 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 76 $6,250,000 $82,237 $0 5.50%
    Black 10 $470,000 $47,000 $0 5.58%
    Asian 1 $25,000 $25,000 $0 5.50%

    Approval Rates

    Total approvals of all applications
    89.29%

    Baltimore County Employees has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.06%

    Baltimore County Employees has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 87 $6,745,000 $77,529

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    87 $6,745,000 $77,529

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 38 $3,530,000 $92,895 $0 5.51%
    40-60% 3 $705,000 $235,000 $0 5.67%
    60-80% 1 $75,000 $75,000 $0 5.50%
    Under 20% 45 $2,435,000 $54,111 $0 5.50%