Community Bank Of Marshall Mortgage Rates, Fees & Info

Marshall, MO

LEI: 25490051QQ72KQWNN915

Tax ID: 43-1123104

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Mortgage Data

Review & Overview

Community Bank Of Marshall is a smaller bank specializing in Home Purchase, Refi, and Cash Out Refi loans. Community Bank Of Marshall has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Marshall, Kansas City, Sedalia, and Springfield among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

Community Bank Of Marshall 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

78

Origination Dollar Volume (All Markets)

$5,760,000

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
Marshall, MO (FHA|USDA|VA) 64 $4,680,000 $73,125 $0 0.00%
KANSAS CITY, MO-KS (FHA|USDA|VA) 5 $535,000 $107,000 $0 0.00%
Sedalia, MO (FHA|USDA|VA) 5 $315,000 $63,000 $0 0.00%
Outside of Metro Areas 3 $185,000 $61,667 $0 0.00%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
Community Bank Of Marshall's top markets include Marshall, Kansas City, Sedalia, and Springfield among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 75 $5,505,000 $73,400 $0 0.00%
    USDA 3 $255,000 $85,000 $0 0.00%

    For 2018, Community Bank Of Marshall's most frequently originated type of loan was Conventional, with 75 originations. Their 2nd most popular type was USDA, with 3 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 32 $2,470,000 $77,188 $0 0.00%
    Refi 21 $1,625,000 $77,381 $0 0.00%
    Cash Out Refi 16 $1,250,000 $78,125 $0 0.00%
    Home Improvement 9 $415,000 $46,111 $0 0.00%

    For 2018, Community Bank Of Marshall's most frequently cited loan purpose was Home Purchase, with 32 originations. The 2nd most popular reason was Refi, with 21 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 78 $5,760,000 $73,846 $0 0.00%

    For 2018, Community Bank Of Marshall's most frequently cited loan duration was Other, with 78 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 58 $2,720,000 $46,897 $0 0.00%
    $100k-200k 16 $2,090,000 $130,625 $0 0.00%
    $200k-400k 4 $950,000 $237,500 $0 0.00%

    2018 saw Community Bank Of Marshall place emphasis on $100,000 or less loans with 58 originations, totaling $2,720,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 24 $1,140,000 $47,500 $0 0.00%
    $50k-75k 23 $2,165,000 $94,130 $0 0.00%
    $75k-100k 7 $905,000 $129,286 $0 0.00%
    $100k-150k 4 $470,000 $117,500 $0 0.00%
    $150k-250k 2 $150,000 $75,000 $0 0.00%
    $250k+ 1 $55,000 $55,000 $0 0.00%

    Community Bank Of Marshall lent most frequently to those with incomes in the $50k or less range, with 24 originations. The second most popular income band? $50k-75k, with 23 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 78 $5,760,000 $73,846 $0 0.00%

    Community Bank Of Marshall lent most frequently to those with DTI ratios of Exempt%, with 78 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 64 $4,760,000 $74,375 $0 0.00%
    Not provided 6 $530,000 $88,333 $0 0.00%
    Not applicable 4 $340,000 $85,000 $0 0.00%
    Black 4 $130,000 $32,500 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.63%

    Community Bank Of Marshall has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.46%

    Community Bank Of Marshall has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 78 $5,760,000 $73,846

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 5 $225,000 $45,000
    Single Family (1-4 Units):Site-Built 73 $5,535,000 $75,822

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Community Lending of America, Inc. VA mortgage Closing on a mortgage 1 100.0%