Wayne Bank Mortgage Rates, Fees & InfoHonesdale, PA
Tax ID: 24-0754330
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewWayne Bank is a smaller bank specializing in Home Purchase loans. Wayne Bank has a high proportion of conventional loans. Their top markets by origination volume include: New York, Scranton, Oneonta, Rochester, and East Stroudsburg among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)
Wayne 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.
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Origination Dollar Volume (All Markets)$122,005,000
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|
|Outside of Metro Areas||329||$53,125,000||$161,474||$0||0.00%|
|New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA)||93||$18,715,000||$201,237||$0||0.00%|
|SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA)||80||$12,960,000||$162,000||$0||0.00%|
|Oneonta, NY (FHA|USDA|VA)||42||$10,220,000||$243,333||$0||0.00%|
|ROCHESTER, NY (FHA|USDA|VA)||44||$6,840,000||$155,455||$0||0.00%|
|EAST STROUDSBURG, PA (FHA|USDA|VA)||37||$6,085,000||$164,459||$0||0.00%|
|KINGSTON, NY (FHA|USDA|VA)||7||$2,915,000||$416,429||$0||0.00%|
|ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA)||3||$2,715,000||$905,000||$0||0.00%|
|Seneca Falls, NY (FHA|USDA|VA)||16||$2,100,000||$131,250||$0||0.00%|
|ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA)||11||$1,925,000||$175,000||$0||0.00%|
|BINGHAMTON, NY (FHA|USDA|VA)||10||$1,360,000||$136,000||$0||0.00%|
|UTICA-ROME, NY (FHA|USDA|VA)||2||$510,000||$255,000||$0||0.00%|
|Auburn, NY (FHA|USDA|VA)||6||$490,000||$81,667||$0||0.00%|
|DuBois, PA (FHA|USDA|VA)||1||$475,000||$475,000||$0||0.00%|
|Amsterdam, NY (FHA|USDA|VA)||3||$415,000||$138,333||$0||0.00%|
|POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA)||2||$410,000||$205,000||$0||0.00%|
|SYRACUSE, NY (FHA|USDA|VA)||1||$345,000||$345,000||$0||0.00%|
|PITTSBURGH, PA (FHA|USDA|VA)||1||$225,000||$225,000||$0||0.00%|
|Corning, NY (FHA|USDA|VA)||1||$125,000||$125,000||$0||0.00%|
|Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA)||1||$35,000||$35,000||$0||0.00%|
|BLOOMSBURG-BERWICK, PA (FHA|USDA|VA)||1||$15,000||$15,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Wayne Bank's most frequently originated type of loan was Conventional, with 691 originations.
For 2022, Wayne Bank's most frequently cited loan purpose was Home Purchase, with 243 originations. The 2nd most popular reason was Home Improvement, with 186 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Wayne Bank's most frequently cited loan duration was Other, with 691 originations.
2022 saw Wayne Bank place emphasis on $100,000 or less loans with 279 originations, totaling $15,785,000 in origination value.
Wayne Bank lent most frequently to those with incomes in the $100k-150k range, with 124 originations. The second most popular income band? $50k-75k, with 116 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Wayne Bank lent most frequently to those with DTI ratios of Exempt%, with 691 originations.
Approval RatesTotal approvals of all applications
Wayne Bank has a below average approval rate.
Pick RateApprovals leading to origination
Wayne Bank has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|