Federal Savings and Loan Association of Greene County Mortgage Interest Rate and Cost Review

Is Federal Savings and Loan Association of Greene County a cheap or expensive mortgage lender? We compare the interest rates and closing costs charged by Federal Savings and Loan Association of Greene County with other lenders for comparable mortgages. Nationally, here is what we find:

Interest Ratelower than average (-0.18%)
Loan Related Closing Costslower than average (-$328)
National Rate and Closing Cost Rating(4.5)
Websitehttps://www.firstfederalofgreene.com

On average, Federal Savings and Loan Association of Greene County’s interest rates were lower than those of other lenders (-0.18%) for a comparable set of borrowers. Its average total loan related closing cost was lower than those of other lenders, with a difference of -$328. Overall, combining interest rates and closing costs we estimate that Federal Savings and Loan Association of Greene County tends to be a cheap lender, and give it a National Rate and Closing Costs Rating of 4.5 out of 5.0 stars.

Federal Savings and Loan Association of Greene County’s Rates by Area

Mortgage lenders often set different rates in different geographical markets. In particular, among the markets we track Federal Savings and Loan Association of Greene County was most active in:

  1. Pittsburgh, PA
  2. Morgantown, WV
  3. Wheeling, WV

Furthermore, Federal Savings and Loan Association of Greene County is our top ranked mortgage lender in terms of interest rate and closing costs in Morgantown, WV, overall.

You can click through to check out Federal Savings and Loan Association of Greene County’s mortgage rate competitiveness by area. Or, for our data driven ranking of all the top mortgage lenders by area, click here.

Federal Savings and Loan Association of Greene County’s Rates by Mortgage Type

Mortgage lenders also tend to charge different interest rates and closing costs depending on the type of mortgage. In our data, Federal Savings and Loan Association of Greene County originated Conforming and VA mortgages for new home purchases. It also originated Conforming and Jumbo mortgages for refinances. We breakdown its interest rate and total loan related closing cost difference relative to other lenders for comparable mortgages by type in the table below.

Purchase/Refinance:
New Purchase MortgagesConformingVA
Interest Rate Difference-0.15%-0.01%
Loan Related Closing Cost Difference-$257+$88
Cost Adjusted Rate Difference-0.18%-0.01%
Star Rating(4.5)(3.5)
Refinance MortgagesConformingJumbo
Interest Rate Difference-0.23%-0.01%
Loan Related Closing Cost Difference-$409+$54
Cost Adjusted Rate Difference-0.29%-0.00%
Star Rating(5.0)(3.5)

As a summary, Federal Savings and Loan Association of Greene County is cheap for Conforming purchase mortgages. It is similar to other lenders for VA purchase mortgages. For refinancing mortgages, Federal Savings and Loan Association of Greene County is cheap for Conforming mortgage refinance. It is similar to other lenders for Jumbo mortgage refinance. Nevertheless, individual circumstances can matter, and we always recommend shopping among several lenders in your area before signing.

Other information about Federal Savings and Loan Association of Greene County:

Registered name: First Federal Savings and Loan Association of Greene Co
Registered city and state: WAYNESBURG, PA, 15370
Regulator: Office of the Comptroller of the Currency (OCC)

* Source of the data is Federal Financial Institutions Examination Council (FFIEC) and is for mortgages originated in the past year. Our comparable mortgages analysis controls for Federal Savings and Loan Association of Greene County’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and commuting zone. Cost adjusted rates were computed based on each percent of the loan amount in above average loan related closing costs being worth +0.15 of a percentage point in interest rate. Furthermore, the amounts are regularized using a Bayesian approach to control for small samples.