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

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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 Refi and 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, Easton, Philadelphia, and Washington among others. We have data for 7 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

    310

    Origination Dollar Volume (All Markets)

    $94,750,000

    Employee count

    121

    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) 292 $87,440,000 $299,452 $0 0.00%
    SALISBURY, MD-DE (FHA|USDA|VA) 9 $2,875,000 $319,444 $0 0.00%
    Easton, MD (FHA|USDA|VA) 2 $2,500,000 $1,250,000 $0 0.00%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $975,000 $325,000 $0 0.00%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $730,000 $365,000 $0 0.00%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
    Rosedale Federal Savings And Loan Association's top markets include Baltimore, Salisbury, Easton, Philadelphia, and Washington among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 310 $94,750,000 $305,645 $0 0.00%

    For 2021, Rosedale Federal Savings And Loan Association's most frequently originated type of loan was Conventional, with 310 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 231 $67,655,000 $292,879 $0 0.00%
    Home Purchase 74 $25,820,000 $348,919 $0 0.00%
    Home Improvement 3 $725,000 $241,667 $0 0.00%
    Other 2 $550,000 $275,000 $0 0.00%

    For 2021, Rosedale Federal Savings And Loan Association's most frequently cited loan purpose was Refi, with 231 originations. The 2nd most popular reason was Home Purchase, with 74 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 310 $94,750,000 $305,645 $0 0.00%

    For 2021, Rosedale Federal Savings And Loan Association's most frequently cited loan duration was Other, with 310 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 149 $41,895,000 $281,174 $0 0.00%
    $100k-200k 83 $12,735,000 $153,434 $0 0.00%
    $400k-600k 37 $17,295,000 $467,432 $0 0.00%
    $600k-1MM 20 $14,440,000 $722,000 $0 0.00%
    $100,000 or less 15 $1,235,000 $82,333 $0 0.00%
    $1MM+ 6 $7,150,000 $1,191,667 $0 0.00%

    2021 saw Rosedale Federal Savings And Loan Association place emphasis on $200k-400k loans with 149 originations, totaling $41,895,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 83 $23,935,000 $288,373 $0 0.00%
    $150k-250k 60 $25,260,000 $421,000 $0 0.00%
    $50k-75k 53 $12,195,000 $230,094 $0 0.00%
    $75k-100k 45 $10,285,000 $228,556 $0 0.00%
    $250k+ 31 $16,745,000 $540,161 $0 0.00%
    $50k or less 31 $4,785,000 $154,355 $0 0.00%

    Rosedale Federal Savings And Loan Association lent most frequently to those with incomes in the $100k-150k range, with 83 originations. The second most popular income band? $150k-250k, with 60 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 310 $94,750,000 $305,645 $0 0.00%

    Rosedale Federal Savings And Loan Association lent most frequently to those with DTI ratios of Exempt%, with 310 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 258 $77,770,000 $301,434 $0 0.00%
    Black 25 $7,235,000 $289,400 $0 0.00%
    Not provided 19 $6,785,000 $357,105 $0 0.00%
    Asian 7 $2,605,000 $372,143 $0 0.00%
    American Indian 1 $355,000 $355,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.67%

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

    Pick Rate

    Approvals leading to origination
    83.87%

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

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 310 $94,750,000 $305,645

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    310 $94,750,000 $305,645

    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 $60,269
    Rosedale Federal Savings and Loan Association 104 Forest Valley Drive Forest Hill, MD 21050 Full Service B&M $50,726
    Rosedale Federal Savings and Loan Association 1301 Merritt Boulevard Dundalk, MD 21222 Full Service B&M $19,704
    Rosedale Federal Savings and Loan Association 3111 Emmorton Road Abingdon, MD 21009 Full Service B&M $43,705
    Rosedale Federal Savings and Loan Association 6708 Belair Road Baltimore, MD 21206 Full Service B&M $92,419
    Rosedale Federal Savings and Loan Association 6810 York Road Baltimore, MD 21212 Full Service B&M $109,074
    Rosedale Federal Savings and Loan Association 7939 Honeygo Boulevard Nottingham, MD 21236 Full Service B&M $89,268
    Rosedale Federal Savings and Loan Association 8552 Philadelphia Road Rosedale, MD 21237 Full Service B&M $124,236
    Rosedale Federal Savings and Loan Association 9616 Belair Road Nottingham, MD 21236 Full Service B&M $5,439
    Rosedale Federal Savings and Loan Association 9616 Belair Road Nottingham, MD 21236 Full Service B&M $202,942

    For 2021, Rosedale Federal Savings And Loan Association had 10 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $31,513
    Net interest income $25,868
    Total noninterest income $526
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $51
    Trading account gains and fees $0
    Additional Noninterest Income $475
    Pre-tax net operating income $7,799
    Securities gains (or losses, -) $0
    Income before extraordinary items $5,794
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $5,794
    Minority interest net income $0
    Net income $5,794
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $5,794

    Rosedale Federal Savings And Loan Association's gross interest income from loans was $31,513,000.
    Rosedale Federal Savings And Loan Association's net interest income from loans was $25,868,000.
    Rosedale Federal Savings And Loan Association's fee based income from loans was $51,000.
    Rosedale Federal Savings And Loan Association's net income from loans was $5,794,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $5,645
    Provision for credit losses $-972
    Total noninterest expense $19,567
    Salaries and employee benefits $11,174
    Premises and equipment expense $2,094
    Additional noninterest expense $6,299
    Applicable income taxes $2,005
    Net charge-offs $-161
    Cash dividends $0

    Rosedale Federal Savings And Loan Association's interest expense for loans was $5,645,000.
    Rosedale Federal Savings And Loan Association's payroll and benefits expense were $11,174,000.
    Rosedale Federal Savings And Loan Association's property, plant and equipment expenses $2,094,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 1.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 3.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 1.0%
    All other family 0.0%
    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 $800,673
    Deposits held in domestic offices $800,673
    Deposits by Individuals, partnerships, and corporations $800,223
    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 $76,843
    Demand deposits $76,843
    Nontransaction accounts $723,830
    Money market deposit accounts (MMDAs) $46,312
    Other savings deposits (excluding MMDAs) $350,547
    Total time deposits $326,971
    Total time and savings deposits $723,830
    Noninterest-bearing deposits $30,620
    Interest-bearing deposits $770,053
    Retail deposits $762,784
    IRAs and Keogh plan accounts $86,735
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $1,058,278
    Cash & Balances due from depository institutions $132,216
    Interest-bearing balances $130,104
    Total securities $224,471
    Federal funds sold & reverse repurchase $0
    Net loans and leases $657,657
    Loan and leases loss allowance $6,556
    Trading account assets $0
    Bank premises and fixed assets $24,013
    Other real estate owned $72
    Goodwill and other intangibles $101
    All other assets $19,748

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $1,058,278
    Total Liabilities $803,413
    Total deposits $800,673
    Interest-bearing deposits $770,053
    Deposits held in domestic offices $800,673
    % insured (estimated) $94
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $2,740

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $657,657
    Loan and leases loss allowance $6,556
    Total loans and leases (domestic) $664,213
    All real estate loans $661,879
    Real estate loans in domestic offices $661,879
    Construction and development loans $43,782
    Residential 1-4 family construction $7,440
    Other construction, all land development and other land $36,342
    Loans secured by nonfarm nonresidential properties $204,641
    Nonfarm nonresidential secured by owner-occupied properties $18,849
    Commercial real estate & other non-farm, non-residential $185,792
    Multifamily residential real estate $9,006
    1-4 family residential loans $404,450
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $2,251
    To non-U.S. addressees $0
    Loans to individuals $78
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $0
    Other loans to individuals $78
    All other loans & leases $5
    Loans to foreign governments and official institutions $0
    Other loans $5
    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 $12,673
    Non 1-4 family restructured loans & leases $8,478
    Total loans and leases (foreign) $0

    Rosedale Federal Savings and Loan Association had $657,657,000 of loans outstanding in 2021. $661,879,000 of loans were in real estate loans. $43,782,000 of loans were in development loans. $9,006,000 of loans were in multifamily mortgage loans. $404,450,000 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 94 $29,188 $310,511
    Nonfarm, nonresidential loans - <$100k 3 $78 $26,000
    Nonfarm, nonresidential loans - $100-250k 25 $3,132 $125,280
    Nonfarm, nonresidential loans - $250k-1MM 66 $25,978 $393,606
    Commercial & Industrial, US addressed loans - <$1MM 18 $2,251 $125,056
    Commercial & Industrial, US addressed loans - <$100k 9 $222 $24,667
    Commercial & Industrial, US addressed loans - $100-250k 6 $905 $150,833
    Commercial & Industrial, US addressed loans - $250k-1MM 3 $1,124 $374,667