The Hamilton Bank Mortgage Rates, Fees & Info
Hamilton, MOLEI: 2549001ZKSRACE7NQQ84
Tax ID: 44-0161944
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Hamilton Bank is a smaller bank specializing in Home Purchase and Refi loans. The Hamilton Bank has a high proportion of conventional loans. Their top two markets are Kansas City and St. Joseph .The Hamilton 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.
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Originations
28Origination Dollar Volume (All Markets)
$3,610,000Top 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 |
|---|---|---|---|---|---|
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 22 | $2,300,000 | $104,545 | $0 | 0.00% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $505,000 | $101,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 28 | $3,610,000 | $128,929 | $0 | 0.00% |
For 2023, The Hamilton Bank's most frequently originated type of loan was Conventional, with 28 originations.
Loan Reason
For 2023, The Hamilton Bank's most frequently cited loan purpose was Home Purchase, with 14 originations. The 2nd most popular reason was Home Improvement, with 6 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 28 | $3,610,000 | $128,929 | $0 | 0.00% |
For 2023, The Hamilton Bank's most frequently cited loan duration was Other, with 28 originations.
Loan Sizing
2023 saw The Hamilton Bank place emphasis on $100,000 or less loans with 19 originations, totaling $835,000 in origination value.
Applicant Income
The Hamilton Bank lent most frequently to those with incomes in the $75k-100k range, with 7 originations. The second most popular income band? $250k+, with 5 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 26 | $3,440,000 | $132,308 | $0 | 0.00% |
| Black | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Guamanian | 1 | $45,000 | $45,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications90.00%
The Hamilton Bank has an average approval rate.
Pick Rate
Approvals leading to origination71.43%
The Hamilton Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 28 | $3,610,000 | $128,929 |