Eaglebank Mortgage Rates, Fees & Info

Bethesda, MD

LEI: WVM1F03F86RQLLTEVE84

Tax ID: 52-2099123

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Eaglebank is a smaller bank specializing in Home Purchase and Refi loans. Eaglebank has a high proportion of conventional loans. They have a a high proportion of FHA loans. Their top markets by origination volume include: Baltimore, Richmond, Washington, Virginia Beach, and New York among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

Eaglebank has an above average approval rate when compared to the average across all 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

19

Origination Dollar Volume (All Markets)

$148,445,000

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) 1 $59,395,000 $59,395,000 $0 3.03%
RICHMOND, VA (FHA|USDA|VA) 1 $25,205,000 $25,205,000 $0 5.41%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 14 $20,110,000 $1,436,429 $0 7.96%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $18,455,000 $18,455,000 $0 5.75%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $18,075,000 $18,075,000 $0 5.70%
MORGANTOWN, WV (FHA|USDA|VA) 1 $7,205,000 $7,205,000 $0 8.00%
Eaglebank's top markets include Baltimore, Richmond, Washington, Virginia Beach, and New York among others.

Their top states include:
  • Maryland (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • West Virginia (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against EagleBank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    DEL-ONE FEDERAL CREDIT UNION
    Similarity Rank: 50
    Columbia Bank
    Similarity Rank: 64
    DADE COUNTY FEDERAL CREDIT UNION
    Similarity Rank: 84
    POINT BREEZE
    Similarity Rank: 90
    FIRST FINANCIAL OF MARYLAND
    Similarity Rank: 117
    N C P D Federal Credit Union
    Similarity Rank: 126
    BNB Bank
    Similarity Rank: 154
    Mid-Atlantic Federal Credit Union
    Similarity Rank: 168
    ISLAND
    Similarity Rank: 260

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 16 $45,770,000 $2,860,625 $0 7.82%
    FHA 3 $102,675,000 $34,225,000 $0 4.71%

    For 2024, Eaglebank's most frequently originated type of loan was Conventional, with 16 originations. Their 2nd most popular type was FHA, with 3 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 14 $79,090,000 $5,649,286 $0 7.67%
    Refi 5 $69,355,000 $13,871,000 $0 6.37%

    For 2024, Eaglebank's most frequently cited loan purpose was Home Purchase, with 14 originations. The 2nd most popular reason was Refi, with 5 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    1 Year 10 $15,440,000 $1,544,000 $0 8.03%
    Other 4 $29,630,000 $7,407,500 $0 7.77%
    30+ year 3 $102,675,000 $34,225,000 $0 4.71%
    5 Year 2 $700,000 $350,000 $0 6.93%

    For 2024, Eaglebank's most frequently cited loan duration was 1 Year, with 10 originations. The 2nd most popular length was Other, with 4 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 7 $17,315,000 $2,473,571
    7-8% 6 $9,300,000 $1,550,000
    5-6% 3 $61,735,000 $20,578,333
    6-7% 2 $700,000 $350,000
    3-4% 1 $59,395,000 $59,395,000

    During 2024, Eaglebank's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 7 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 12 $145,650,000 $12,137,500 $0 7.33%
    $200k-400k 3 $855,000 $285,000 $0 7.12%
    $400k-600k 2 $920,000 $460,000 $0 7.50%
    $100k-200k 1 $145,000 $145,000 $0 7.50%
    $600k-1MM 1 $875,000 $875,000 $0 7.50%

    2024 saw Eaglebank place emphasis on $1MM+ loans with 12 originations, totaling $145,650,000 in origination value.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 19 $148,445,000 $7,812,895 $0 7.33%

    Approval Rates

    Total approvals of all applications
    95.00%

    Eaglebank has an average approval rate.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 19 $148,445,000 $7,812,895

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    19 $148,445,000 $7,812,895

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 2 $7,620,000 $3,810,000 $0 7.50%
    40-60% 3 $3,425,000 $1,141,667 $0 8.33%
    60-80% 12 $76,560,000 $6,380,000 $0 7.34%
    80-100% 1 $59,395,000 $59,395,000 $0 3.03%
    Over 100% 1 $1,445,000 $1,445,000 $0 8.25%