Community State Bank Of Orbisonia Mortgage Rates, Fees & Info

Orbisonia, PA

LEI: 549300YUVOQXC2XL4P90

Tax ID: 23-1354306

Latest/2023 | 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
  • Complaints
  • 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

    Community State Bank Of Orbisonia is a smaller bank specializing in Home Purchase and Refi loans. Community State Bank Of Orbisonia has a high proportion of conventional loans. Their top markets by origination volume include: Huntingdon, Chambersburg, Lewistown, State College, and Altoona among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Community State Bank Of Orbisonia 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. Community State Bank Of Orbisonia is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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
    30 Year Conventional Purchase 6.68% 11/21/24
    30 Year Conventional Refi 6.85% 11/21/24
    30 Year Cash-out Refi 6.27% 11/21/24
    15 Year Conventional Purchase 7.24% 11/21/24
    15 Year Conventional Refi 6.55% 11/21/24
    15 Year Cash-out Refi 6.55% 11/21/24
    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.

    Community State Bank Of Orbisonia Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Community State Bank Of Orbisonia. 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

    523

    Origination Dollar Volume (All Markets)

    $61,515,000

    Awards

    Community State Bank of Orbisonia 30 Year Conventional Loans gold
    Show all (1) awards

    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
    Huntingdon, PA (FHA|USDA|VA) 246 $27,000,000 $109,756 $1,708 3.67%
    Outside of Metro Areas 165 $20,275,000 $122,879 $1,865 3.72%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 61 $8,355,000 $136,967 $2,366 3.50%
    Lewistown, PA (FHA|USDA|VA) 37 $2,885,000 $77,973 $1,248 3.71%
    STATE COLLEGE, PA (FHA|USDA|VA) 3 $1,305,000 $435,000 $3,602 3.62%
    ALTOONA, PA (FHA|USDA|VA) 9 $1,245,000 $138,333 $3,168 4.06%
    DuBois, PA (FHA|USDA|VA) 2 $450,000 $225,000 $3,654 3.31%
    Community State Bank Of Orbisonia's top markets include Huntingdon, Chambersburg, Lewistown, State College, and Altoona among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 523 $61,515,000 $117,620 $1,836 3.67%

    For 2021, Community State Bank Of Orbisonia's most frequently originated type of loan was Conventional, with 523 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 212 $29,620,000 $139,717 $2,754 3.79%
    Refi 188 $23,610,000 $125,585 $1,507 3.64%
    Home Improvement 50 $1,940,000 $38,800 $448 3.76%
    Other 50 $2,570,000 $51,400 $559 3.68%
    Cash Out Refi 23 $3,775,000 $164,130 $2,633 2.72%

    For 2021, Community State Bank Of Orbisonia's most frequently cited loan purpose was Home Purchase, with 212 originations. The 2nd most popular reason was Refi, with 188 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 242 $39,090,000 $161,529 $2,772 3.81%
    15 Year 127 $11,445,000 $90,118 $1,278 3.66%
    10 Year 76 $3,820,000 $50,263 $518 3.65%
    5 Year 27 $655,000 $24,259 $143 3.30%
    Other 26 $1,950,000 $75,000 $816 3.77%
    30 Year 24 $4,540,000 $189,167 $3,028 2.86%
    3 Year 1 $15,000 $15,000 $0 2.94%

    For 2021, Community State Bank Of Orbisonia's most frequently cited loan duration was 20 Year, with 242 originations. The 2nd most popular length was 15 Year, with 127 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 476 $54,360,000 $114,202
    $1k-2k 4 $580,000 $145,000

    Community State Bank Of Orbisonia's average total fees were $3,028, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 476 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 402 $47,780,000 $118,856
    4-5% 62 $6,390,000 $103,065
    2.5-3% 39 $4,915,000 $126,026
    5-6% 13 $1,285,000 $98,846
    <2.5% 7 $1,145,000 $163,571

    During 2021, Community State Bank Of Orbisonia's average interest rate for loans was 2.86%, while their most frequently originated rate bucket for loans was 3-4%, with 402 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 296 $15,750,000 $53,209 $1,035 3.75%
    $100k-200k 155 $21,705,000 $140,032 $2,495 3.55%
    $200k-400k 59 $15,325,000 $259,746 $3,488 3.59%
    $400k-600k 7 $3,465,000 $495,000 $4,632 4.00%
    $600k-1MM 5 $3,545,000 $709,000 $5,534 3.86%
    $1MM+ 1 $1,725,000 $1,725,000 $10,239 3.69%

    2021 saw Community State Bank Of Orbisonia place emphasis on $100,000 or less loans with 296 originations, totaling $15,750,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 142 $12,960,000 $91,268 $1,611 3.65%
    $50k or less 137 $10,505,000 $76,679 $1,662 3.66%
    $75k-100k 101 $12,285,000 $121,634 $1,857 3.66%
    $100k-150k 87 $14,175,000 $162,931 $2,082 3.63%
    $150k-250k 27 $6,065,000 $224,630 $3,023 3.78%
    $250k+ 9 $2,915,000 $323,889 $4,032 3.93%

    Community State Bank Of Orbisonia lent most frequently to those with incomes in the $50k-75k range, with 142 originations. The second most popular income band? $50k or less, with 137 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 153 $15,715,000 $102,712 $1,722 3.60%
    30-36% 92 $11,920,000 $129,565 $1,988 3.62%
    <20% 78 $8,930,000 $114,487 $1,798 3.55%
    50-60% 21 $2,965,000 $141,190 $1,796 4.05%
    39% 20 $2,060,000 $103,000 $1,637 3.91%
    38% 20 $1,920,000 $96,000 $1,902 3.67%
    42% 18 $1,580,000 $87,778 $1,802 3.72%
    41% 17 $2,115,000 $124,412 $1,777 3.63%
    36% 16 $1,560,000 $97,500 $2,023 3.91%
    43% 14 $1,440,000 $102,857 $1,794 3.64%
    40% 14 $1,340,000 $95,714 $1,518 3.59%
    37% 14 $1,470,000 $105,000 $1,709 3.87%
    >60% 14 $3,530,000 $252,143 $2,858 3.81%
    45% 4 $740,000 $185,000 $3,105 4.16%
    44% 3 $1,045,000 $348,333 $2,760 3.67%
    46% 2 $350,000 $175,000 $2,985 3.59%
    47% 2 $220,000 $110,000 $1,474 3.59%
    49% 2 $130,000 $65,000 $1,560 3.22%
    48% 1 $25,000 $25,000 $0 4.75%

    Community State Bank Of Orbisonia lent most frequently to those with DTI ratios of 20-30%, with 153 originations. The next most common DTI ratio? 30-36%, with 92 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 505 $58,865,000 $116,564 $1,831 3.66%
    Not applicable 7 $1,225,000 $175,000 $0 4.52%
    Not provided 8 $840,000 $105,000 $2,361 3.62%
    Black 3 $585,000 $195,000 $1,105 4.06%

    Approval Rates

    Total approvals of all applications
    93.36%

    Community State Bank Of Orbisonia has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.00%

    Community State Bank Of Orbisonia has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 523 $61,515,000 $117,620

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    523 $61,515,000 $117,620

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 57 $4,265,000 $74,825 $929 3.80%
    40-60% 93 $10,975,000 $118,011 $1,956 3.58%
    60-80% 195 $29,165,000 $149,564 $2,194 3.68%
    80-100% 112 $14,900,000 $133,036 $2,425 3.57%
    Over 100% 2 $280,000 $140,000 $2,720 3.35%
    Under 20% 64 $1,930,000 $30,156 $415 3.86%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    COMMUNITY BANK SYSTEM, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
    COMMUNITY BANK SYSTEM, INC. Home equity loan or line of credit (HELOC) Closing on a mortgage 1 50.0%