Rosedale Federal Savings And Loan Association Mortgage Rates, Fees & Info

Nottingham, MD

LEI: 549300YHPEPV6KF30T16

Tax ID: 52-0465075

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

Review & Overview

Rosedale Federal Savings And Loan Association is a smaller mortgage company specializing in Home Purchase loans. Rosedale Federal Savings And Loan Association has a high proportion of conventional loans. Their top markets by origination volume include: Baltimore, Salisbury, Washington, and Philadelphia among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

Rosedale Federal Savings And Loan Association 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.

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Originations

Origination Dollar Volume (All Markets)

$28,830,000

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)	83	$24,015,000	$289,337	$0	0.00%
SALISBURY, MD-DE (FHA\|USDA\|VA)	9	$3,115,000	$346,111	$0	0.00%
Outside of Metro Areas	2	$870,000	$435,000	$0	0.00%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA\|USDA\|VA)	1	$625,000	$625,000	$0	0.00%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA\|USDA\|VA)	1	$205,000	$205,000	$0	0.00%

Rosedale Federal Savings And Loan Association's top markets include Baltimore, Salisbury, Washington, and Philadelphia among others.

Their top states include:

Maryland (FHA|USDA|VA)

Delaware (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	96	$28,830,000	$300,313	$0	0.00%

For 2023, Rosedale Federal Savings And Loan Association's most frequently originated type of loan was Conventional, with 96 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	82	$26,220,000	$319,756	$0	0.00%
Refi	8	$1,320,000	$165,000	$0	0.00%
Home Improvement	3	$315,000	$105,000	$0	0.00%
Other	3	$975,000	$325,000	$0	0.00%

For 2023, Rosedale Federal Savings And Loan Association's most frequently cited loan purpose was Home Purchase, with 82 originations. The 2nd most popular reason was Refi, with 8 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	96	$28,830,000	$300,313	$0	0.00%

For 2023, Rosedale Federal Savings And Loan Association's most frequently cited loan duration was Other, with 96 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	39	$10,445,000	$267,821	$0	0.00%
$100k-200k	25	$3,705,000	$148,200	$0	0.00%
$400k-600k	15	$6,965,000	$464,333	$0	0.00%
$100,000 or less	8	$560,000	$70,000	$0	0.00%
$600k-1MM	8	$5,920,000	$740,000	$0	0.00%
$1MM+	1	$1,235,000	$1,235,000	$0	0.00%

2023 saw Rosedale Federal Savings And Loan Association place emphasis on $200k-400k loans with 39 originations, totaling $10,445,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	23	$5,375,000	$233,696	$0	0.00%
$150k-250k	20	$8,000,000	$400,000	$0	0.00%
$250k+	18	$8,940,000	$496,667	$0	0.00%
$50k-75k	12	$1,930,000	$160,833	$0	0.00%
$75k-100k	11	$2,045,000	$185,909	$0	0.00%
$50k or less	4	$570,000	$142,500	$0	0.00%

Rosedale Federal Savings And Loan Association lent most frequently to those with incomes in the $100k-150k range, with 23 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
Exempt%	96	$28,830,000	$300,313	$0	0.00%

Rosedale Federal Savings And Loan Association lent most frequently to those with DTI ratios of Exempt%, with 96 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	72	$20,960,000	$291,111	$0	0.00%
Black	8	$2,620,000	$327,500	$0	0.00%
Not provided	6	$2,300,000	$383,333	$0	0.00%
Asian	5	$1,655,000	$331,000	$0	0.00%
Not applicable	5	$1,295,000	$259,000	$0	0.00%

Approval Rates

Total approvals of all applications
91.89%

Rosedale Federal Savings And Loan Association has an average approval rate.

Pick Rate

Approvals leading to origination
73.96%

Rosedale Federal Savings And Loan Association has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	96	$28,830,000	$300,313

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	96	$28,830,000	$300,313