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

Nottingham, MD

LEI: 549300YHPEPV6KF30T16

Tax ID: 52-0465075

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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)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Rosedale Federal Savings And Loan Association is a smaller mortgage company specializing in Home Purchase and Refi loans. Rosedale Federal Savings And Loan Association has a high proportion of conventional loans. Their top markets by origination volume include: Baltimore, Washington, Salisbury, Easton, 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.

    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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    Originations

    209

    Origination Dollar Volume (All Markets)

    $55,135,000

    Employee count

    119

    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) 192 $49,370,000 $257,135 $0 0.00%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 5 $2,375,000 $475,000 $0 0.00%
    SALISBURY, MD-DE (FHA|USDA|VA) 8 $1,820,000 $227,500 $0 0.00%
    Easton, MD (FHA|USDA|VA) 1 $905,000 $905,000 $0 0.00%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $665,000 $221,667 $0 0.00%
    Rosedale Federal Savings And Loan Association's top markets include Baltimore, Washington, Salisbury, Easton, and Philadelphia among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 209 $55,135,000 $263,804 $0 0.00%

    For 2018, Rosedale Federal Savings And Loan Association's most frequently originated type of loan was Conventional, with 209 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 129 $34,415,000 $266,783 $0 0.00%
    Refi 76 $20,450,000 $269,079 $0 0.00%
    Home Improvement 2 $160,000 $80,000 $0 0.00%
    Other 2 $110,000 $55,000 $0 0.00%

    For 2018, Rosedale Federal Savings And Loan Association's most frequently cited loan purpose was Home Purchase, with 129 originations. The 2nd most popular reason was Refi, with 76 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 209 $55,135,000 $263,804 $0 0.00%

    For 2018, Rosedale Federal Savings And Loan Association's most frequently cited loan duration was Other, with 209 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 85 $24,065,000 $283,118 $0 0.00%
    $100k-200k 69 $10,105,000 $146,449 $0 0.00%
    $400k-600k 29 $13,405,000 $462,241 $0 0.00%
    $100,000 or less 20 $1,420,000 $71,000 $0 0.00%
    $600k-1MM 5 $3,635,000 $727,000 $0 0.00%
    $1MM+ 1 $2,505,000 $2,505,000 $0 0.00%

    2018 saw Rosedale Federal Savings And Loan Association place emphasis on $200k-400k loans with 85 originations, totaling $24,065,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 51 $15,715,000 $308,137 $0 0.00%
    $150k-250k 41 $12,525,000 $305,488 $0 0.00%
    $50k-75k 37 $6,735,000 $182,027 $0 0.00%
    $50k or less 33 $4,515,000 $136,818 $0 0.00%
    $75k-100k 24 $5,290,000 $220,417 $0 0.00%
    $250k+ 18 $9,340,000 $518,889 $0 0.00%

    Rosedale Federal Savings And Loan Association lent most frequently to those with incomes in the $100k-150k range, with 51 originations. The second most popular income band? $150k-250k, with 41 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 209 $55,135,000 $263,804 $0 0.00%

    Rosedale Federal Savings And Loan Association lent most frequently to those with DTI ratios of Exempt%, with 209 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 168 $44,780,000 $266,548 $0 0.00%
    Not provided 14 $4,920,000 $351,429 $0 0.00%
    Black 20 $3,380,000 $169,000 $0 0.00%
    Asian 4 $1,210,000 $302,500 $0 0.00%
    Chinese 1 $455,000 $455,000 $0 0.00%
    Asian Indian 2 $390,000 $195,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.10%

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

    Pick Rate

    Approvals leading to origination
    75.60%

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

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 209 $55,135,000 $263,804

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 1 $115,000 $115,000
    Single Family (1-4 Units):Site-Built 208 $55,020,000 $264,519

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Rosedale Federal Savings and Loan Association 1009 Churchville Road Bel Air, MD 21014 Full Service B&M $57,613
    Rosedale Federal Savings and Loan Association 104 Forest Valley Drive Forest Hill, MD 21050 Full Service B&M $45,423
    Rosedale Federal Savings and Loan Association 3111 Emmorton Road Abingdon, MD 21009 Full Service B&M $35,473
    Rosedale Federal Savings and Loan Association 6249 Kenwood Avenue Ste A Rosedale, MD 21237 Full Service B&M $58,050
    Rosedale Federal Savings and Loan Association 6708 Belair Road Baltimore, MD 21206 Full Service B&M $92,810
    Rosedale Federal Savings and Loan Association 6810 York Road Baltimore, MD 21212 Full Service B&M $122,751
    Rosedale Federal Savings and Loan Association 7939 Honeygo Boulevard Nottingham, MD 21236 Full Service B&M $73,928
    Rosedale Federal Savings and Loan Association 8552 Philadelphia Road Rosedale, MD 21237 Full Service B&M $61,626
    Rosedale Federal Savings and Loan Association 9616 Belair Road Nottingham, MD 21236 Full Service B&M $6,784
    Rosedale Federal Savings and Loan Association 9616 Belair Road Nottingham, MD 21236 Full Service B&M $173,549

    For 2018, Rosedale Federal Savings And Loan Association had 10 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $34,784
    Net interest income $28,791
    Total noninterest income $-55
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $37
    Trading account gains and fees $0
    Additional Noninterest Income $-92
    Pre-tax net operating income $9,032
    Securities gains (or losses, -) $-91
    Income before extraordinary items $6,737
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,737
    Minority interest net income $0
    Net income $6,737
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,808

    Rosedale Federal Savings And Loan Association's gross interest income from loans was $34,784,000.
    Rosedale Federal Savings And Loan Association's net interest income from loans was $28,791,000.
    Rosedale Federal Savings And Loan Association's fee based income from loans was $37,000.
    Rosedale Federal Savings And Loan Association's net income from loans was $6,737,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $5,993
    Provision for credit losses $612
    Total noninterest expense $19,092
    Salaries and employee benefits $9,866
    Premises and equipment expense $1,844
    Additional noninterest expense $7,382
    Applicable income taxes $2,204
    Net charge-offs $247
    Cash dividends $0

    Rosedale Federal Savings And Loan Association's interest expense for loans was $5,993,000.
    Rosedale Federal Savings And Loan Association's payroll and benefits expense were $9,866,000.
    Rosedale Federal Savings And Loan Association's property, plant and equipment expenses $1,844,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 4.0%
    Real Estate loans 4.0%
    Construction & Land Development loans 4.0%
    Nonfarm, nonresidential loans 9.0%
    Multifamily residential loans 7.0%
    1-4 family residential loans 1.0%
    HELOC loans 4.0%
    All other family 1.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $714,649
    Deposits held in domestic offices $714,649
    Deposits by Individuals, partnerships, and corporations $714,200
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $0
    Deposits by Commercial banks and other depository institutions in U.S. $450
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $46,483
    Demand deposits $46,483
    Nontransaction accounts $668,167
    Money market deposit accounts (MMDAs) $31,120
    Other savings deposits (excluding MMDAs) $305,834
    Total time deposits $331,213
    Total time and savings deposits $668,167
    Noninterest-bearing deposits $14,496
    Interest-bearing deposits $700,153
    Retail deposits $683,801
    IRAs and Keogh plan accounts $82,601
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $953,855
    Cash & Balances due from depository institutions $62,030
    Interest-bearing balances $59,742
    Total securities $155,330
    Federal funds sold & reverse repurchase $0
    Net loans and leases $693,400
    Loan and leases loss allowance $5,528
    Trading account assets $0
    Bank premises and fixed assets $21,974
    Other real estate owned $2,560
    Goodwill and other intangibles $230
    All other assets $18,331

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $953,855
    Total Liabilities $717,514
    Total deposits $714,649
    Interest-bearing deposits $700,153
    Deposits held in domestic offices $714,649
    % insured (estimated) $95
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $2,865

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $693,400
    Loan and leases loss allowance $5,528
    Total loans and leases (domestic) $698,928
    All real estate loans $698,703
    Real estate loans in domestic offices $698,703
    Construction and development loans $45,366
    Residential 1-4 family construction $8,287
    Other construction, all land development and other land $37,079
    Loans secured by nonfarm nonresidential properties $210,035
    Nonfarm nonresidential secured by owner-occupied properties $18,126
    Commercial real estate & other non-farm, non-residential $191,909
    Multifamily residential real estate $16,352
    1-4 family residential loans $426,950
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $0
    To non-U.S. addressees $0
    Loans to individuals $221
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $0
    Other loans to individuals $221
    All other loans & leases $3
    Loans to foreign governments and official institutions $0
    Other loans $3
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $13,327
    Non 1-4 family restructured loans & leases $7,892
    Total loans and leases (foreign) $0

    Rosedale Federal Savings and Loan Association had $693,400,000 of loans outstanding in 2018. $698,703,000 of loans were in real estate loans. $45,366,000 of loans were in development loans. $16,352,000 of loans were in multifamily mortgage loans. $426,950,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 98 $42,731 $436,031
    Nonfarm, nonresidential loans - <$100k 5 $372 $74,400
    Nonfarm, nonresidential loans - $100-250k 26 $5,007 $192,577
    Nonfarm, nonresidential loans - $250k-1MM 67 $37,352 $557,493