Fulton Savings Bank Mortgage Rates, Fees & Info
Fulton, NYLEI: 95JW06YV3JUTCH0IJV88
Tax ID: 15-0313410
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Mortgage Data
Review & Overview
Fulton Savings Bank is a smaller bank specializing in Home Purchase loans. Fulton Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Syracuse, Auburn, Utica, and Albany among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Fulton Savings Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
322Origination Dollar Volume (All Markets)
$60,770,000Top 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 |
|---|---|---|---|---|---|
| SYRACUSE, NY (FHA|USDA|VA) | 309 | $57,785,000 | $187,006 | $0 | 0.00% |
| Auburn, NY (FHA|USDA|VA) | 8 | $1,600,000 | $200,000 | $0 | 0.00% |
| UTICA-ROME, NY (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $0 | 0.00% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 322 | $60,770,000 | $188,727 | $0 | 0.00% |
For 2022, Fulton Savings Bank's most frequently originated type of loan was Conventional, with 322 originations.
Loan Reason
For 2022, Fulton Savings Bank's most frequently cited loan purpose was Home Purchase, with 230 originations. The 2nd most popular reason was Refi, with 48 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 322 | $60,770,000 | $188,727 | $0 | 0.00% |
For 2022, Fulton Savings Bank's most frequently cited loan duration was Other, with 322 originations.
Loan Sizing
2022 saw Fulton Savings Bank place emphasis on $100k-200k loans with 127 originations, totaling $18,525,000 in origination value.
Applicant Income
Fulton Savings Bank lent most frequently to those with incomes in the $50k-75k range, with 68 originations. The second most popular income band? $100k-150k, with 67 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 322 | $60,770,000 | $188,727 | $0 | 0.00% |
Fulton Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 322 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.65%
Fulton Savings Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination92.55%
Fulton Savings Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 322 | $60,770,000 | $188,727 |