First Federal Bank Mortgage Rates, Fees & Info

Lake City, FL

LEI: Q708HHR4LD2B7XIZNO92

Tax ID: 59-0969721

4.1 stars - out of 5 stars, based on 67 reviews

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

First Federal Bank is a small bank specializing in Home Purchase and Cash Out Refi loans. First Federal Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Atlanta, Charlotte, Jacksonville, Ocala, and Macon among others. We have data for 343 markets. (Some data included below & more in-depth data is available with an active subscription.)

First Federal Bank 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. First Federal Bank is typically an average 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.

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.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.64% 5/28/23
30 Year Conventional Refi 6.60% 5/28/23
30 Year Cash-out Refi 6.76% 5/28/23
30 Year FHA Purchase 7.17% 5/28/23
30 Year FHA Refi 7.12% 5/28/23
30 Year VA Purchase 6.83% 5/28/23
30 Year VA Refi 5.90% 5/28/23
30 Year USDA Purchase 6.67% 5/28/23
15 Year Conventional Purchase 6.12% 5/28/23
15 Year Conventional Refi 6.12% 5/28/23
15 Year Cash-out Refi 6.12% 5/28/23
15 Year FHA Purchase 7.87% 5/28/23
15 Year FHA Refi 6.39% 5/28/23
15 Year VA Purchase 6.60% 5/28/23
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.

First Federal Bank Mortgage Calculator






Your Estimates

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

This is not an official calculator from First Federal Bank. 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

4,433

Origination Dollar Volume (All Markets)

$1,358,765,000
Show all (27) awards

Relative Rate

First Federal Bank's average 30 year fixed mortgage rate was 4.76%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of -0%.

Relative Fees (Closing Costs)

First Federal Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $7,420.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

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
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 896 $346,470,000 $386,685 $7,079 4.55%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 388 $112,800,000 $290,722 $6,251 4.61%
JACKSONVILLE, FL (FHA|USDA|VA) 241 $81,535,000 $338,320 $7,656 4.83%
Outside of Metro Areas 306 $65,480,000 $213,987 $6,798 4.94%
OCALA, FL (FHA|USDA|VA) 239 $56,265,000 $235,418 $5,424 5.18%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 138 $39,670,000 $287,464 $6,405 5.00%
ROCHESTER, MN (FHA|USDA|VA) 95 $26,165,000 $275,421 $4,663 4.84%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 79 $25,845,000 $327,152 $10,124 4.88%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 69 $24,925,000 $361,232 $6,543 4.47%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 55 $23,665,000 $430,273 $5,266 3.99%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 82 $22,820,000 $278,293 $6,713 5.10%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 51 $20,675,000 $405,392 $12,285 4.58%
WINSTON-SALEM, NC (FHA|USDA|VA) 62 $19,550,000 $315,323 $9,271 4.56%
Lake City, FL (FHA|USDA|VA) 73 $15,605,000 $213,767 $6,611 4.92%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 38 $14,080,000 $370,526 $8,108 4.55%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 26 $10,930,000 $420,385 $12,099 4.51%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 27 $10,185,000 $377,222 $9,205 4.81%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 29 $10,005,000 $345,000 $10,068 4.88%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 34 $9,670,000 $284,412 $10,184 4.59%
PANAMA CITY, FL (FHA|USDA|VA) 33 $9,405,000 $285,000 $7,712 5.11%
GAINESVILLE, FL (FHA|USDA|VA) 29 $9,035,000 $311,552 $8,527 4.71%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 28 $8,740,000 $312,143 $9,547 4.52%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 24 $8,610,000 $358,750 $10,769 4.92%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 24 $7,580,000 $315,833 $7,735 4.61%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 15 $7,495,000 $499,667 $9,241 3.79%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 24 $7,390,000 $307,917 $10,824 4.68%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 19 $7,295,000 $383,947 $10,694 4.28%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 25 $6,555,000 $262,200 $9,959 4.75%
WAUSAU-WESTON, WI (FHA|USDA|VA) 34 $6,500,000 $191,176 $2,272 4.51%
GAINESVILLE, GA (FHA|USDA|VA) 18 $6,250,000 $347,222 $6,875 4.56%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 17 $6,245,000 $367,353 $11,710 4.17%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 19 $6,085,000 $320,263 $8,315 4.84%
Manitowoc, WI (FHA|USDA|VA) 30 $5,770,000 $192,333 $2,757 4.64%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 23 $5,745,000 $249,783 $3,820 4.85%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 24 $5,740,000 $239,167 $6,186 5.08%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 17 $5,605,000 $329,706 $11,361 4.32%
RICHMOND, VA (FHA|USDA|VA) 22 $5,590,000 $254,091 $8,957 4.73%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 17 $5,025,000 $295,588 $8,650 5.03%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 14 $4,780,000 $341,429 $9,592 4.82%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 15 $4,585,000 $305,667 $5,691 4.91%
PITTSBURGH, PA (FHA|USDA|VA) 19 $4,305,000 $226,579 $8,284 4.97%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 12 $4,270,000 $355,833 $11,460 5.14%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 9 $4,245,000 $471,667 $11,571 3.83%
WORCESTER, MA-CT (FHA|USDA|VA) 10 $4,170,000 $417,000 $8,425 4.69%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 16 $4,160,000 $260,000 $5,225 4.41%
WARNER ROBINS, GA (FHA|USDA|VA) 17 $3,955,000 $232,647 $5,652 5.53%
EL PASO, TX (FHA|USDA|VA) 13 $3,665,000 $281,923 $8,609 5.08%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 15 $3,615,000 $241,000 $6,616 3.72%
Palatka, FL (FHA|USDA|VA) 16 $3,600,000 $225,000 $7,213 5.55%
ASHEVILLE, NC (FHA|USDA|VA) 9 $3,595,000 $399,444 $7,221 4.46%
HUNTSVILLE, AL (FHA|USDA|VA) 12 $3,570,000 $297,500 $9,566 4.85%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 6 $3,530,000 $588,333 $19,977 5.48%
COLORADO SPRINGS, CO (FHA|USDA|VA) 7 $3,515,000 $502,143 $13,276 4.30%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 15 $3,485,000 $232,333 $7,501 4.84%
COLUMBIA, SC (FHA|USDA|VA) 14 $3,480,000 $248,571 $6,537 4.90%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 11 $3,355,000 $305,000 $8,001 4.75%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 11 $3,305,000 $300,455 $8,739 5.08%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 14 $3,290,000 $235,000 $5,719 4.24%
TALLAHASSEE, FL (FHA|USDA|VA) 13 $3,245,000 $249,615 $6,781 5.05%
MONTGOMERY, AL (FHA|USDA|VA) 15 $2,965,000 $197,667 $4,980 5.18%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 3 $2,955,000 $985,000 $21,489 5.63%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 12 $2,950,000 $245,833 $6,869 4.71%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 9 $2,895,000 $321,667 $10,297 4.86%
SAVANNAH, GA (FHA|USDA|VA) 9 $2,855,000 $317,222 $9,793 4.15%
COLUMBUS, OH (FHA|USDA|VA) 8 $2,730,000 $341,250 $12,495 4.41%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 5 $2,725,000 $545,000 $12,361 4.80%
RALEIGH-CARY, NC (FHA|USDA|VA) 8 $2,680,000 $335,000 $10,926 4.33%
ROCKFORD, IL (FHA|USDA|VA) 21 $2,595,000 $123,571 $3,522 4.80%
St. Marys, GA (FHA|USDA|VA) 8 $2,510,000 $313,750 $9,098 3.91%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 11 $2,405,000 $218,636 $6,010 4.85%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 8 $2,400,000 $300,000 $9,547 4.47%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 9 $2,365,000 $262,778 $9,854 4.79%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 13 $2,305,000 $177,308 $4,526 4.41%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 5 $2,265,000 $453,000 $12,440 4.90%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 6 $2,250,000 $375,000 $13,217 4.13%
DOTHAN, AL (FHA|USDA|VA) 14 $2,240,000 $160,000 $6,287 4.88%
Ozark, AL (FHA|USDA|VA) 10 $2,210,000 $221,000 $7,930 4.81%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $2,195,000 $439,000 $6,143 3.78%
PUNTA GORDA, FL (FHA|USDA|VA) 6 $2,190,000 $365,000 $7,250 4.69%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 7 $2,165,000 $309,286 $6,263 5.46%
LOUISVILLE, KY (FHA|USDA|VA) 7 $2,155,000 $307,857 $6,884 5.82%
Jefferson, GA (FHA|USDA|VA) 7 $2,155,000 $307,857 $6,665 4.43%
VALLEJO, CA (FHA|USDA|VA) 4 $2,130,000 $532,500 $24,929 4.06%
Key West, FL (FHA|USDA|VA) 5 $2,125,000 $425,000 $8,480 3.80%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 7 $2,085,000 $297,857 $5,537 4.36%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 5 $2,085,000 $417,000 $9,122 5.23%
PORT ST. LUCIE, FL (FHA|USDA|VA) 7 $2,035,000 $290,714 $10,504 4.13%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 7 $2,035,000 $290,714 $9,165 6.11%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 6 $2,010,000 $335,000 $9,818 3.88%
Stevens Point, WI (FHA|USDA|VA) 8 $1,890,000 $236,250 $2,049 5.28%
SPARTANBURG, SC (FHA|USDA|VA) 8 $1,850,000 $231,250 $8,741 4.58%
WILMINGTON, NC (FHA|USDA|VA) 6 $1,850,000 $308,333 $5,829 3.92%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 6 $1,850,000 $308,333 $10,358 4.33%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 5 $1,785,000 $357,000 $15,888 4.55%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 15 $1,765,000 $117,667 $2,349 3.96%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 4 $1,700,000 $425,000 $13,472 5.09%
COLUMBUS, GA-AL (FHA|USDA|VA) 9 $1,625,000 $180,556 $5,208 4.18%
GREEN BAY, WI (FHA|USDA|VA) 9 $1,595,000 $177,222 $2,455 4.94%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 6 $1,590,000 $265,000 $11,936 4.58%
TULSA, OK (FHA|USDA|VA) 5 $1,485,000 $297,000 $6,064 4.62%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 4 $1,460,000 $365,000 $13,663 5.34%
BATON ROUGE, LA (FHA|USDA|VA) 5 $1,455,000 $291,000 $9,146 4.57%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 4 $1,410,000 $352,500 $9,532 4.59%
MOBILE, AL (FHA|USDA|VA) 6 $1,390,000 $231,667 $3,978 4.98%
DAYTON-KETTERING, OH (FHA|USDA|VA) 4 $1,390,000 $347,500 $16,642 5.65%
Seneca, SC (FHA|USDA|VA) 2 $1,370,000 $685,000 $5,269 4.25%
TUCSON, AZ (FHA|USDA|VA) 4 $1,350,000 $337,500 $9,363 5.25%
EAU CLAIRE, WI (FHA|USDA|VA) 6 $1,320,000 $220,000 $3,612 4.38%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $1,305,000 $435,000 $10,932 4.29%
ST. LOUIS, MO-IL (FHA|USDA|VA) 4 $1,280,000 $320,000 $11,268 5.25%
BRUNSWICK, GA (FHA|USDA|VA) 6 $1,280,000 $213,333 $6,265 4.56%
FAYETTEVILLE, NC (FHA|USDA|VA) 6 $1,270,000 $211,667 $10,599 4.25%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 6 $1,260,000 $210,000 $9,228 4.85%
Shelby, NC (FHA|USDA|VA) 6 $1,260,000 $210,000 $9,041 5.19%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 3 $1,255,000 $418,333 $13,228 4.13%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 6 $1,230,000 $205,000 $4,017 4.71%
Enterprise, AL (FHA|USDA|VA) 5 $1,215,000 $243,000 $5,688 3.78%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 7 $1,205,000 $172,143 $2,363 3.82%
AKRON, OH (FHA|USDA|VA) 4 $1,200,000 $300,000 $9,906 3.75%
THE VILLAGES, FL (FHA|USDA|VA) 4 $1,190,000 $297,500 $9,080 4.34%
KNOXVILLE, TN (FHA|USDA|VA) 4 $1,160,000 $290,000 $9,600 4.84%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $1,150,000 $575,000 $20,618 5.18%
SUMTER, SC (FHA|USDA|VA) 5 $1,065,000 $213,000 $7,457 4.48%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $1,045,000 $348,333 $10,211 4.83%
Milledgeville, GA (FHA|USDA|VA) 2 $1,040,000 $520,000 $3,292 4.56%
WINCHESTER, VA-WV (FHA|USDA|VA) 4 $1,030,000 $257,500 $10,294 4.72%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $1,030,000 $515,000 $10,218 5.81%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 2 $1,030,000 $515,000 $11,304 4.75%
ROCHESTER, NY (FHA|USDA|VA) 7 $1,015,000 $145,000 $5,281 6.21%
DECATUR, AL (FHA|USDA|VA) 4 $1,010,000 $252,500 $6,264 3.69%
Beaver Dam, WI (FHA|USDA|VA) 6 $1,010,000 $168,333 $1,976 5.08%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 3 $1,005,000 $335,000 $4,757 4.75%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $965,000 $321,667 $11,798 4.00%
JACKSONVILLE, NC (FHA|USDA|VA) 4 $950,000 $237,500 $9,329 4.22%
FOND DU LAC, WI (FHA|USDA|VA) 5 $905,000 $181,000 $4,297 5.90%
Gaffney, SC (FHA|USDA|VA) 5 $905,000 $181,000 $3,593 4.63%
TOLEDO, OH (FHA|USDA|VA) 4 $900,000 $225,000 $5,600 5.50%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 5 $895,000 $179,000 $5,500 4.95%
SHEBOYGAN, WI (FHA|USDA|VA) 4 $890,000 $222,500 $2,594 3.97%
FORT COLLINS, CO (FHA|USDA|VA) 2 $890,000 $445,000 $5,685 5.44%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 2 $880,000 $440,000 $10,977 5.50%
MADISON, WI (FHA|USDA|VA) 4 $870,000 $217,500 $3,050 4.25%
CANTON-MASSILLON, OH (FHA|USDA|VA) 2 $860,000 $430,000 $6,058 4.44%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $835,000 $278,333 $10,521 5.29%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 3 $835,000 $278,333 $4,227 5.08%
Winona, MN (FHA|USDA|VA) 3 $815,000 $271,667 $4,715 4.96%
RACINE, WI (FHA|USDA|VA) 3 $805,000 $268,333 $10,211 5.21%
WICHITA, KS (FHA|USDA|VA) 2 $790,000 $395,000 $9,049 5.19%
JACKSON, MS (FHA|USDA|VA) 3 $785,000 $261,667 $9,940 5.96%
CHARLESTON, WV (FHA|USDA|VA) 4 $770,000 $192,500 $4,479 5.00%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $770,000 $385,000 $8,727 4.06%
PUEBLO, CO (FHA|USDA|VA) 2 $760,000 $380,000 $9,837 6.50%
Dublin, GA (FHA|USDA|VA) 3 $755,000 $251,667 $8,783 5.08%
VALDOSTA, GA (FHA|USDA|VA) 4 $750,000 $187,500 $7,317 4.09%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $740,000 $370,000 $17,185 3.31%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 3 $725,000 $241,667 $6,045 4.83%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 3 $715,000 $238,333 $2,786 6.33%
Oxford, MS (FHA|USDA|VA) 2 $700,000 $350,000 $8,243 5.63%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 2 $690,000 $345,000 $13,272 3.38%
Red Wing, MN (FHA|USDA|VA) 3 $685,000 $228,333 $4,872 3.88%
Outside of Metro Areas 1 $665,000 $665,000 $17,027 3.38%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $645,000 $645,000 $8,285 3.88%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $645,000 $645,000 $4,968 4.38%
MANKATO, MN (FHA|USDA|VA) 2 $630,000 $315,000 $4,763 4.06%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $600,000 $300,000 $13,515 5.06%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 3 $595,000 $198,333 $8,456 3.75%
VISALIA, CA (FHA|USDA|VA) 2 $590,000 $295,000 $13,405 5.18%
LaGrange, GA-AL (FHA|USDA|VA) 3 $585,000 $195,000 $4,900 4.42%
TERRE HAUTE, IN (FHA|USDA|VA) 2 $580,000 $290,000 $4,794 5.38%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $580,000 $290,000 $9,256 6.50%
Austin, MN (FHA|USDA|VA) 4 $570,000 $142,500 $3,516 4.25%
SALEM, OR (FHA|USDA|VA) 1 $565,000 $565,000 $7,582 5.38%
ROANOKE, VA (FHA|USDA|VA) 2 $560,000 $280,000 $4,033 5.75%
Payson, AZ (FHA|USDA|VA) 2 $550,000 $275,000 $9,287 5.00%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 2 $550,000 $275,000 $4,017 5.25%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 2 $550,000 $275,000 $6,349 4.38%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $545,000 $545,000 $14,018 3.38%
ALBANY, GA (FHA|USDA|VA) 3 $545,000 $181,667 $4,254 4.79%
MEDFORD, OR (FHA|USDA|VA) 1 $545,000 $545,000 $8,533 6.49%
SPRINGFIELD, MA (FHA|USDA|VA) 2 $540,000 $270,000 $12,256 4.56%
DOVER, DE (FHA|USDA|VA) 2 $530,000 $265,000 $14,177 4.44%
Owatonna, MN (FHA|USDA|VA) 2 $530,000 $265,000 $7,086 4.13%
Dixon, IL (FHA|USDA|VA) 4 $530,000 $132,500 $4,838 4.13%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $525,000 $525,000 $11,573 6.63%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $515,000 $515,000 $6,847 6.49%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 2 $510,000 $255,000 $5,802 3.69%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $505,000 $505,000 $12,965 5.75%
ANN ARBOR, MI (FHA|USDA|VA) 2 $500,000 $250,000 $6,159 2.75%
EVANSVILLE, IN-KY (FHA|USDA|VA) 2 $500,000 $250,000 $4,839 4.19%
Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 2 $500,000 $250,000 $4,704 6.44%
GRAND JUNCTION, CO (FHA|USDA|VA) 2 $500,000 $250,000 $4,790 4.13%
Albemarle, NC (FHA|USDA|VA) 2 $500,000 $250,000 $3,730 4.50%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $500,000 $250,000 $8,641 3.69%
Albertville, AL (FHA|USDA|VA) 2 $500,000 $250,000 $5,263 5.81%
GOLDSBORO, NC (FHA|USDA|VA) 2 $500,000 $250,000 $6,794 4.63%
SYRACUSE, NY (FHA|USDA|VA) 2 $500,000 $250,000 $11,538 5.50%
Clewiston, FL (FHA|USDA|VA) 2 $490,000 $245,000 $11,574 5.06%
Faribault-Northfield, MN (FHA|USDA|VA) 2 $490,000 $245,000 $3,410 3.88%
Taos, NM (FHA|USDA|VA) 1 $485,000 $485,000 $7,892 6.50%
Baraboo, WI (FHA|USDA|VA) 3 $475,000 $158,333 $4,466 4.29%
Evanston, WY (FHA|USDA|VA) 1 $475,000 $475,000 $3,771 6.00%
Augusta-Waterville, ME (FHA|USDA|VA) 2 $470,000 $235,000 $9,100 4.62%
DALTON, GA (FHA|USDA|VA) 3 $465,000 $155,000 $6,320 5.29%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $455,000 $455,000 $21,725 8.00%
NAPA, CA (FHA|USDA|VA) 1 $455,000 $455,000 $3,200 4.38%
Boone, NC (FHA|USDA|VA) 2 $450,000 $225,000 $5,933 5.38%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $435,000 $435,000 $3,398 4.88%
Lewisburg, TN (FHA|USDA|VA) 1 $425,000 $425,000 $17,327 6.00%
Rockport, TX (FHA|USDA|VA) 1 $425,000 $425,000 $5,836 5.50%
PROVO-OREM, UT (FHA|USDA|VA) 1 $425,000 $425,000 $19,980 3.25%
LAWTON, OK (FHA|USDA|VA) 2 $420,000 $210,000 $5,088 6.06%
JONESBORO, AR (FHA|USDA|VA) 1 $415,000 $415,000 $5,860 6.49%
Laramie, WY (FHA|USDA|VA) 1 $415,000 $415,000 $6,430 7.50%
RAPID CITY, SD (FHA|USDA|VA) 2 $410,000 $205,000 $3,470 3.50%
Greeneville, TN (FHA|USDA|VA) 1 $405,000 $405,000 $11,597 3.50%
BOISE CITY, ID (FHA|USDA|VA) 1 $405,000 $405,000 $12,612 2.75%
ANCHORAGE, AK (FHA|USDA|VA) 1 $405,000 $405,000 $19,136 6.49%
Ashland, OH (FHA|USDA|VA) 1 $405,000 $405,000 $8,893 6.63%
FARGO, ND-MN (FHA|USDA|VA) 1 $395,000 $395,000 $5,582 8.00%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $385,000 $385,000 $4,504 2.88%
LAWRENCE, KS (FHA|USDA|VA) 1 $385,000 $385,000 $2,746 6.25%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $380,000 $190,000 $10,884 3.75%
HATTIESBURG, MS (FHA|USDA|VA) 2 $380,000 $190,000 $5,535 4.25%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $375,000 $375,000 $13,694 3.88%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $375,000 $375,000 $22,890 2.75%
Okeechobee, FL (FHA|USDA|VA) 1 $375,000 $375,000 $7,093 5.25%
TWIN FALLS, ID (FHA|USDA|VA) 1 $365,000 $365,000 $11,059 3.50%
Clovis, NM (FHA|USDA|VA) 2 $360,000 $180,000 $9,316 5.00%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $355,000 $355,000 $4,356 4.38%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $355,000 $355,000 $5,182 7.50%
Morehead City, NC (FHA|USDA|VA) 2 $350,000 $175,000 $8,085 4.81%
Tifton, GA (FHA|USDA|VA) 2 $350,000 $175,000 $9,521 5.13%
MODESTO, CA (FHA|USDA|VA) 1 $345,000 $345,000 $16,974 2.75%
Forest City, NC (FHA|USDA|VA) 1 $345,000 $345,000 $3,314 3.25%
YUMA, AZ (FHA|USDA|VA) 1 $345,000 $345,000 $11,051 6.00%
ALTOONA, PA (FHA|USDA|VA) 1 $345,000 $345,000 $9,084 6.00%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 2 $340,000 $170,000 $7,006 4.31%
Alexander City, AL (FHA|USDA|VA) 2 $340,000 $170,000 $4,709 5.06%
Barre, VT (FHA|USDA|VA) 1 $335,000 $335,000 $22,226 3.88%
GREELEY, CO (FHA|USDA|VA) 1 $335,000 $335,000 $6,146 4.63%
READING, PA (FHA|USDA|VA) 1 $335,000 $335,000 $10,927 5.00%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $335,000 $335,000 $5,329 6.49%
BURLINGTON, NC (FHA|USDA|VA) 2 $330,000 $165,000 $5,507 5.25%
Cornelia, GA (FHA|USDA|VA) 1 $325,000 $325,000 $4,721 4.63%
LYNCHBURG, VA (FHA|USDA|VA) 1 $325,000 $325,000 $5,045 7.50%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $325,000 $325,000 $16,726 2.25%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $315,000 $315,000 $4,433 7.25%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $315,000 $315,000 $17,833 4.75%
Duncan, OK (FHA|USDA|VA) 2 $310,000 $155,000 $4,154 6.75%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $305,000 $305,000 $3,669 3.25%
Lebanon, NH-VT (FHA|USDA|VA) 1 $305,000 $305,000 $3,870 2.38%
FRESNO, CA (FHA|USDA|VA) 1 $305,000 $305,000 $6,494 3.63%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $295,000 $295,000 $16,193 6.49%
Crossville, TN (FHA|USDA|VA) 1 $295,000 $295,000 $10,926 5.49%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $295,000 $295,000 $12,975 4.13%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $290,000 $145,000 $7,851 5.19%
Calhoun, GA (FHA|USDA|VA) 1 $285,000 $285,000 $6,703 3.75%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $285,000 $285,000 $18,919 4.38%
Americus, GA (FHA|USDA|VA) 1 $285,000 $285,000 $7,703 6.00%
Henderson, NC (FHA|USDA|VA) 1 $285,000 $285,000 $5,602 4.38%
APPLETON, WI (FHA|USDA|VA) 2 $280,000 $140,000 $2,146 5.19%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $275,000 $275,000 $3,975 4.88%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $275,000 $275,000 $13,972 7.50%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $275,000 $275,000 $9,790 3.38%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $275,000 $275,000 $16,367 5.63%
Ardmore, OK (FHA|USDA|VA) 1 $275,000 $275,000 $5,591 7.50%
Cañon City, CO (FHA|USDA|VA) 1 $275,000 $275,000 $8,920 4.00%
Georgetown, SC (FHA|USDA|VA) 1 $265,000 $265,000 $5,804 5.88%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $265,000 $265,000 $11,514 5.00%
Batavia, NY (FHA|USDA|VA) 1 $265,000 $265,000 $9,864 5.75%
McAlester, OK (FHA|USDA|VA) 1 $265,000 $265,000 $5,546 6.49%
Summerville, GA (FHA|USDA|VA) 1 $265,000 $265,000 $6,656 4.63%
Cordele, GA (FHA|USDA|VA) 1 $265,000 $265,000 $6,042 3.50%
Statesboro, GA (FHA|USDA|VA) 1 $255,000 $255,000 $7,072 5.00%
Moses Lake, WA (FHA|USDA|VA) 1 $255,000 $255,000 $4,963 3.88%
LINCOLN, NE (FHA|USDA|VA) 1 $255,000 $255,000 $3,306 3.88%
Seneca Falls, NY (FHA|USDA|VA) 1 $255,000 $255,000 $10,265 5.49%
Coldwater, MI (FHA|USDA|VA) 1 $255,000 $255,000 $4,117 7.50%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $255,000 $255,000 $4,764 2.75%
Warsaw, IN (FHA|USDA|VA) 1 $245,000 $245,000 $3,940 5.00%
Brainerd, MN (FHA|USDA|VA) 1 $245,000 $245,000 $4,879 2.88%
Minden, LA (FHA|USDA|VA) 1 $245,000 $245,000 $7,950 3.25%
YAKIMA, WA (FHA|USDA|VA) 1 $245,000 $245,000 $9,517 4.50%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $245,000 $245,000 $9,143 3.50%
Roseburg, OR (FHA|USDA|VA) 1 $245,000 $245,000 $17,908 4.88%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $235,000 $235,000 $7,801 5.49%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $235,000 $235,000 $14,496 3.13%
DuBois, PA (FHA|USDA|VA) 1 $235,000 $235,000 $4,796 4.25%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $225,000 $225,000 $8,422 4.38%
Spirit Lake, IA (FHA|USDA|VA) 1 $225,000 $225,000 $7,253 2.88%
Wooster, OH (FHA|USDA|VA) 1 $225,000 $225,000 $4,803 5.38%
Bainbridge, GA (FHA|USDA|VA) 1 $215,000 $215,000 $9,559 2.88%
Torrington, CT (FHA|USDA|VA) 1 $215,000 $215,000 $2,379 3.99%
Fort Leonard Wood, MO (FHA|USDA|VA) 1 $215,000 $215,000 $3,258 8.00%
TYLER, TX (FHA|USDA|VA) 1 $215,000 $215,000 $0 6.25%
Marion, OH (FHA|USDA|VA) 1 $215,000 $215,000 $7,535 4.25%
MANHATTAN, KS (FHA|USDA|VA) 1 $215,000 $215,000 $5,312 3.63%
Lufkin, TX (FHA|USDA|VA) 1 $205,000 $205,000 $4,879 4.13%
Mount Airy, NC (FHA|USDA|VA) 1 $205,000 $205,000 $6,220 5.13%
MIDLAND, MI (FHA|USDA|VA) 2 $200,000 $100,000 $5,261 4.25%
Marshalltown, IA (FHA|USDA|VA) 1 $195,000 $195,000 $3,932 7.50%
Findlay, OH (FHA|USDA|VA) 1 $195,000 $195,000 $13,862 3.50%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $195,000 $195,000 $7,435 5.25%
BAY CITY, MI (FHA|USDA|VA) 1 $195,000 $195,000 $5,737 2.25%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $190,000 $95,000 $0 6.19%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $185,000 $185,000 $6,913 3.50%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $185,000 $185,000 $2,763 2.75%
JACKSON, MI (FHA|USDA|VA) 1 $185,000 $185,000 $7,168 4.50%
CLEVELAND, TN (FHA|USDA|VA) 1 $185,000 $185,000 $6,319 6.50%
Bellefontaine, OH (FHA|USDA|VA) 1 $185,000 $185,000 $13,836 4.38%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $175,000 $175,000 $3,133 6.49%
Martinsville, VA (FHA|USDA|VA) 1 $175,000 $175,000 $9,610 4.38%
Logansport, IN (FHA|USDA|VA) 1 $175,000 $175,000 $3,571 6.49%
Sterling, IL (FHA|USDA|VA) 1 $175,000 $175,000 $3,458 6.49%
Toccoa, GA (FHA|USDA|VA) 1 $175,000 $175,000 $5,992 3.63%
Fremont, OH (FHA|USDA|VA) 1 $175,000 $175,000 $9,840 7.50%
Douglas, GA (FHA|USDA|VA) 1 $175,000 $175,000 $11,658 4.25%
WACO, TX (FHA|USDA|VA) 1 $175,000 $175,000 $2,835 3.25%
JOHNSTOWN, PA (FHA|USDA|VA) 1 $175,000 $175,000 $7,923 5.49%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $175,000 $175,000 $7,924 3.88%
Marinette, WI-MI (FHA|USDA|VA) 2 $170,000 $85,000 $1,948 4.25%
Fort Payne, AL (FHA|USDA|VA) 1 $165,000 $165,000 $7,615 3.88%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $165,000 $165,000 $6,419 4.63%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $165,000 $165,000 $5,922 7.00%
Freeport, IL (FHA|USDA|VA) 1 $155,000 $155,000 $5,379 3.38%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $155,000 $155,000 $11,678 5.49%
Troy, AL (FHA|USDA|VA) 1 $145,000 $145,000 $2,738 3.50%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $145,000 $145,000 $2,683 7.50%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $145,000 $145,000 $6,648 6.00%
Iron Mountain, MI-WI (FHA|USDA|VA) 1 $135,000 $135,000 $3,229 2.75%
Greenwood, SC (FHA|USDA|VA) 1 $135,000 $135,000 $0 4.00%
Galesburg, IL (FHA|USDA|VA) 1 $135,000 $135,000 $1,822 5.38%
LAS CRUCES, NM (FHA|USDA|VA) 1 $135,000 $135,000 $4,093 4.88%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $125,000 $125,000 $4,669 4.88%
Pella, IA (FHA|USDA|VA) 1 $125,000 $125,000 $5,340 5.13%
Bennettsville, SC (FHA|USDA|VA) 1 $115,000 $115,000 $4,119 5.63%
MONROE, LA (FHA|USDA|VA) 1 $105,000 $105,000 $4,163 5.38%
DULUTH, MN-WI (FHA|USDA|VA) 1 $105,000 $105,000 $2,333 4.13%
Union City, TN (FHA|USDA|VA) 1 $95,000 $95,000 $4,469 3.50%
Jesup, GA (FHA|USDA|VA) 1 $75,000 $75,000 $6,213 4.25%
BECKLEY, WV (FHA|USDA|VA) 1 $75,000 $75,000 $2,317 4.00%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $65,000 $65,000 $2,312 3.25%
Connersville, IN (FHA|USDA|VA) 1 $55,000 $55,000 $1,814 7.00%
First Federal Bank's top markets include Atlanta, Charlotte, Jacksonville, Ocala, and Macon among others.

Their top states include:
  • Georgia (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,049 $950,905,000 $311,874 $5,938 4.71%
    VA 682 $234,440,000 $343,754 $10,534 4.76%
    FHA 665 $167,365,000 $251,677 $9,905 4.78%
    USDA 37 $6,055,000 $163,649 $5,859 4.56%

    For 2022, First Federal Bank's most frequently originated type of loan was Conventional, with 3,049 originations. Their 2nd most popular type was VA, with 682 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,968 $928,780,000 $312,931 $6,617 4.88%
    Cash Out Refi 1,064 $318,910,000 $299,727 $9,481 4.62%
    Refi 326 $92,620,000 $284,110 $6,149 3.76%
    Other 57 $14,615,000 $256,404 $6,696 4.78%
    Home Improvement 18 $3,840,000 $213,333 $3,931 4.45%

    For 2022, First Federal Bank's most frequently cited loan purpose was Home Purchase, with 2,968 originations. The 2nd most popular reason was Cash Out Refi, with 1,064 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,802 $1,178,480,000 $309,963 $7,420 4.76%
    15 Year 295 $74,825,000 $253,644 $5,070 3.79%
    30+ year 189 $67,605,000 $357,698 $8,023 5.47%
    20 Year 83 $17,905,000 $215,723 $5,307 4.39%
    Other 48 $17,090,000 $356,042 $9,990 6.20%
    10 Year 16 $2,860,000 $178,750 $5,672 3.97%

    For 2022, First Federal Bank's most frequently cited loan duration was 30 Year, with 3,802 originations. The 2nd most popular length was 15 Year, with 295 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,074 $301,360,000 $280,596
    $5k+ 1,045 $399,165,000 $381,976
    $1k-2k 834 $247,850,000 $297,182
    $2k-3k 582 $153,690,000 $264,072
    $3k-4k 416 $120,350,000 $289,303
    $4k-5k 337 $105,565,000 $313,249

    First Federal Bank's average total fees were $7,420, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,074 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,198 $372,490,000 $310,927
    4-5% 1,148 $349,750,000 $304,660
    5-6% 1,123 $360,355,000 $320,886
    6-7% 511 $136,095,000 $266,331
    2.5-3% 242 $74,160,000 $306,446
    7-8% 138 $42,470,000 $307,754
    <2.5% 72 $23,210,000 $322,361
    Over 8% 1 $235,000 $235,000

    During 2022, First Federal Bank's average interest rate for loans was 4.76%, while their most frequently originated rate bucket for loans was 3-4%, with 1,198 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,164 $626,160,000 $289,353 $7,377 4.72%
    $100k-200k 1,014 $156,760,000 $154,596 $5,277 4.81%
    $400k-600k 834 $396,060,000 $474,892 $9,035 4.64%
    $600k-1MM 226 $150,450,000 $665,708 $10,785 4.69%
    $100,000 or less 183 $14,375,000 $78,552 $3,764 4.82%
    $1MM+ 12 $14,960,000 $1,246,667 $11,726 5.11%

    2022 saw First Federal Bank place emphasis on $200k-400k loans with 2,164 originations, totaling $626,160,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,067 $368,585,000 $345,440 $7,639 4.80%
    $50k-75k 951 $214,925,000 $225,999 $6,815 4.74%
    $75k-100k 796 $220,550,000 $277,073 $7,365 4.73%
    $150k-250k 729 $305,505,000 $419,074 $8,082 4.79%
    $50k or less 482 $74,210,000 $153,963 $5,705 4.67%
    $250k+ 299 $143,545,000 $480,084 $8,229 4.65%

    First Federal Bank lent most frequently to those with incomes in the $100k-150k range, with 1,067 originations. The second most popular income band? $50k-75k, with 951 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 765 $227,515,000 $297,405 $6,615 4.64%
    20-30% 759 $221,795,000 $292,220 $6,408 4.47%
    50-60% 286 $87,570,000 $306,189 $10,539 4.86%
    <20% 224 $64,980,000 $290,089 $5,615 4.31%
    44% 207 $65,775,000 $317,754 $7,342 4.97%
    42% 199 $61,245,000 $307,764 $6,828 4.70%
    43% 188 $59,490,000 $316,436 $7,259 4.98%
    40% 186 $61,750,000 $331,989 $7,084 4.77%
    41% 182 $56,610,000 $311,044 $6,876 4.92%
    37% 165 $55,785,000 $338,091 $7,032 4.82%
    39% 160 $49,290,000 $308,063 $7,391 4.82%
    45% 156 $53,170,000 $340,833 $8,989 4.76%
    49% 154 $49,460,000 $321,169 $8,507 5.15%
    38% 147 $47,745,000 $324,796 $7,021 4.82%
    36% 145 $43,525,000 $300,172 $7,492 4.86%
    47% 143 $43,565,000 $304,650 $8,021 5.09%
    48% 136 $40,430,000 $297,279 $8,028 4.96%
    46% 124 $39,050,000 $314,919 $8,397 5.07%
    >60% 6 $1,930,000 $321,667 $9,025 5.08%

    First Federal Bank lent most frequently to those with DTI ratios of 30-36%, with 765 originations. The next most common DTI ratio? 20-30%, with 759 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,386 $1,033,760,000 $305,304 $7,095 4.73%
    Not provided 440 $136,690,000 $310,659 $7,445 4.63%
    Black 445 $133,255,000 $299,449 $8,407 4.90%
    Asian 95 $34,495,000 $363,105 $7,719 4.42%
    Asian Indian 15 $7,195,000 $479,667 $8,631 4.97%
    Not applicable 21 $4,545,000 $216,429 $0 5.35%
    American Indian 17 $4,405,000 $259,118 $6,897 4.91%
    Other Asian 6 $2,280,000 $380,000 $7,249 4.75%
    Native Hawaiian or Islander 4 $1,230,000 $307,500 $11,401 3.78%
    Filipino 1 $395,000 $395,000 $10,158 3.50%
    Japanese 1 $205,000 $205,000 $3,430 2.75%
    Other Pacific Islander 1 $175,000 $175,000 $6,438 3.25%
    Chinese 1 $135,000 $135,000 $2,404 3.25%

    Approval Rates

    Total approvals of all applications
    90.48%

    First Federal Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    82.72%

    First Federal Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 4,433 $1,358,765,000 $306,511

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    4,433 $1,358,765,000 $306,511

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 143 $28,795,000 $201,364 $4,861 4.61%
    40-60% 437 $105,695,000 $241,865 $5,663 4.40%
    60-80% 1,364 $419,390,000 $307,471 $7,065 4.65%
    80-100% 2,427 $785,395,000 $323,607 $7,687 4.84%
    Over 100% 45 $16,815,000 $373,667 $16,134 4.53%
    Under 20% 17 $2,675,000 $157,353 $3,253 4.59%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    FIRST CITIZENS BANCSHARES, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 100.0%