The First National Bank Of Brooksville Mortgage Rates, Fees & Info

Brooksville, KY

LEI: 2549002H3CEW0748X068

Tax ID: 61-1272844

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Mortgage Data

Review & Overview

The First National Bank Of Brooksville is a smaller bank specializing in Home Purchase and Refi loans. The First National Bank Of Brooksville has a high proportion of conventional loans. Their top two markets are Cincinnati and Maysville .

The First National Bank Of Brooksville has a below 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

41

Origination Dollar Volume (All Markets)

$2,715,000

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
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 37 $2,395,000 $64,730 $0 0.00%
Maysville, KY (FHA|USDA|VA) 3 $255,000 $85,000 $0 0.00%
Outside of Metro Areas 1 $65,000 $65,000 $0 0.00%
The First National Bank Of Brooksville's top markets include Cincinnati and Maysville among others.

Their top states include:
  • Kentucky (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 41 $2,715,000 $66,220 $0 0.00%

    For 2019, The First National Bank Of Brooksville's most frequently originated type of loan was Conventional, with 41 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 18 $1,670,000 $92,778 $0 0.00%
    Home Improvement 11 $305,000 $27,727 $0 0.00%
    Refi 8 $630,000 $78,750 $0 0.00%
    Other 4 $110,000 $27,500 $0 0.00%

    For 2019, The First National Bank Of Brooksville's most frequently cited loan purpose was Home Purchase, with 18 originations. The 2nd most popular reason was Home Improvement, with 11 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 41 $2,715,000 $66,220 $0 0.00%

    For 2019, The First National Bank Of Brooksville's most frequently cited loan duration was Other, with 41 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 33 $1,215,000 $36,818 $0 0.00%
    $100k-200k 5 $685,000 $137,000 $0 0.00%
    $200k-400k 3 $815,000 $271,667 $0 0.00%

    2019 saw The First National Bank Of Brooksville place emphasis on $100,000 or less loans with 33 originations, totaling $1,215,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 17 $1,015,000 $59,706 $0 0.00%
    $50k or less 12 $540,000 $45,000 $0 0.00%
    $100k-150k 6 $440,000 $73,333 $0 0.00%
    $75k-100k 4 $360,000 $90,000 $0 0.00%
    $150k-250k 1 $285,000 $285,000 $0 0.00%
    $250k+ 1 $75,000 $75,000 $0 0.00%

    The First National Bank Of Brooksville lent most frequently to those with incomes in the $50k-75k range, with 17 originations. The second most popular income band? $50k or less, with 12 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 41 $2,715,000 $66,220 $0 0.00%

    The First National Bank Of Brooksville lent most frequently to those with DTI ratios of Exempt%, with 41 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 40 $2,670,000 $66,750 $0 0.00%
    Black 1 $45,000 $45,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    68.42%

    The First National Bank Of Brooksville has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    73.17%

    The First National Bank Of Brooksville has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 41 $2,715,000 $66,220

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 7 $565,000 $80,714
    Single Family (1-4 Units):Site-Built 34 $2,150,000 $63,235