The Neffs National Bank Mortgage Rates, Fees & Info
Neffs, PALEI: 549300ZUTKMSWP8JCE68
Tax ID: 23-0910300
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
The Neffs National Bank is a smaller bank specializing in Refi and Home Purchase loans. The Neffs National Bank has a high proportion of conventional loans. Their top two markets are Allentown and Pottsville .The Neffs National Bank has an average approval rate when compared to the average across all lenders. They have an above 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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
101Origination Dollar Volume (All Markets)
$20,625,000Top 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 |
|---|---|---|---|---|---|
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 93 | $19,205,000 | $206,505 | $0 | 0.00% |
| Pottsville, PA (FHA|USDA|VA) | 8 | $1,420,000 | $177,500 | $0 | 0.00% |
Their top states include:
Similar Lenders
We use machine learning to identify the top lenders compared against The Neffs National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 24
Similarity Rank: 143
Similarity Rank: 154
Similarity Rank: 342
Similarity Rank: 540
Similarity Rank: 700
Similarity Rank: 819
Similarity Rank: 1020
Similarity Rank: 1760
Similarity Rank: 1840
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 101 | $20,625,000 | $204,208 | $0 | 0.00% |
For 2022, The Neffs National Bank's most frequently originated type of loan was Conventional, with 101 originations.
Loan Reason
For 2022, The Neffs National Bank's most frequently cited loan purpose was Refi, with 44 originations. The 2nd most popular reason was Home Purchase, with 39 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 101 | $20,625,000 | $204,208 | $0 | 0.00% |
For 2022, The Neffs National Bank's most frequently cited loan duration was Other, with 101 originations.
Loan Sizing
2022 saw The Neffs National Bank place emphasis on $200k-400k loans with 33 originations, totaling $9,335,000 in origination value.
Applicant Income
The Neffs National Bank lent most frequently to those with incomes in the $100k-150k range, with 32 originations. The second most popular income band? $75k-100k, with 21 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 101 | $20,625,000 | $204,208 | $0 | 0.00% |
The Neffs National Bank lent most frequently to those with DTI ratios of Exempt%, with 101 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications80.00%
The Neffs National Bank has a below average approval rate.
Pick Rate
Approvals leading to origination97.03%
The Neffs National Bank has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 101 | $20,625,000 | $204,208 |