We compare mortgage interest rate and loan related closing costs at The Juniata Valley Bank with other lenders for mortgages with similar borrower characteristics:
Interest Rate: similar to average (-0.04%)
Loan Related Closing Costs: similar to average (+$236)
Assessment: this lender tends to be a expensive lender.
This scoreboard is based on data reported to FFIEC. In the data, The Juniata Valley Bank originated 175 mortgages, a national market share of 0.0%. It was primarily active in PA, with a 0.1% market share.
On average, The Juniata Valley Bank’s interest rates were similar to those of comparable mortgages at other lenders (-0.04%).1The comparable mortgages control for The Juniata Valley Bank’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 county. Interest rate and loan related closing costs are estimated based on fixed rate mortgages only, whereas market shares include all purchase or refinance mortgages. Its average total loan related closing cost was $1957, which was similar to those of comparable mortgages at $1721, with a difference of +$236. Overall, we estimate that The Juniata Valley Bank tends to be an expensive lender, with a cost-adjusted-rate difference of +0.07% compared to comparable mortgages at other lenders.2Cost adjusted rates were computed based on each percent of the loan amount in loan related closing costs being worth 1/6 of a percentage point in interest rate. Therefore, we recommend comparing your rate and fees with at least a few other lenders before signing with The Juniata Valley Bank.
The Juniata Valley Bank specialized in mortgage refinancing, and originated Conforming refinances. We breakdown its interest rate and total loan related closing cost on by each of the mortgage types it originated below:
Mortgage Refinancing from The Juniata Valley Bank compared to other lenders
| Conforming | |
|---|---|
| Interest Rate Difference | -0.04% |
| Loan Related Closing Cost Difference | +$236 |
| Cost Adjusted Rate Difference | +0.07% |
Based on the table above, The Juniata Valley Bank is more expensive than other lenders for Conforming mortgage refinance.
Other information about The Juniata Valley Bank:
Regulator: Federal Deposit Insurance Corporation (FDIC)
Top holder: JUNIATA VALLEY FINANCIAL CORP.
Registered city and state: MIFFLINTOWN, PA, 17059