Community Bank Of Marshall Mortgage Rates, Fees & Info

Marshall, MO

LEI: 25490051QQ72KQWNN915

Tax ID: 43-1123104

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Review & Overview

Community Bank Of Marshall is a smaller bank specializing in Home Purchase 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 Branson 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

105

Origination Dollar Volume (All Markets)

$11,105,000

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)	86	$7,890,000	$91,744	$0	0.00%
Outside of Metro Areas	8	$2,330,000	$291,250	$0	0.00%
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	7	$575,000	$82,143	$0	0.00%
Sedalia, MO (FHA\|USDA\|VA)	3	$245,000	$81,667	$0	0.00%
Branson, MO (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	0.00%

Community Bank Of Marshall's top markets include Marshall, Kansas City, Sedalia, and Branson among others.

Their top states include:

Missouri (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	102	$10,840,000	$106,275	$0	0.00%
USDA	3	$265,000	$88,333	$0	0.00%

For 2019, Community Bank Of Marshall's most frequently originated type of loan was Conventional, with 102 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	49	$6,335,000	$129,286	$0	0.00%
Cash Out Refi	21	$1,825,000	$86,905	$0	0.00%
Refi	16	$1,230,000	$76,875	$0	0.00%
Home Improvement	14	$1,500,000	$107,143	$0	0.00%
Other	5	$215,000	$43,000	$0	0.00%

For 2019, Community Bank Of Marshall's most frequently cited loan purpose was Home Purchase, with 49 originations. The 2nd most popular reason was Cash Out Refi, with 21 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	105	$11,105,000	$105,762	$0	0.00%

For 2019, Community Bank Of Marshall's most frequently cited loan duration was Other, with 105 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100,000 or less	79	$4,085,000	$51,709	$0	0.00%
$100k-200k	20	$2,850,000	$142,500	$0	0.00%
$200k-400k	2	$610,000	$305,000	$0	0.00%
$600k-1MM	2	$1,630,000	$815,000	$0	0.00%
$1MM+	1	$1,505,000	$1,505,000	$0	0.00%
$400k-600k	1	$425,000	$425,000	$0	0.00%

2019 saw Community Bank Of Marshall place emphasis on $100,000 or less loans with 79 originations, totaling $4,085,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k or less	29	$1,475,000	$50,862	$0	0.00%
$50k-75k	25	$1,985,000	$79,400	$0	0.00%
$75k-100k	14	$1,300,000	$92,857	$0	0.00%
$100k-150k	10	$1,150,000	$115,000	$0	0.00%
$150k-250k	3	$655,000	$218,333	$0	0.00%
$250k+	2	$100,000	$50,000	$0	0.00%

Community Bank Of Marshall lent most frequently to those with incomes in the $50k or less range, with 29 originations. The second most popular income band? $50k-75k, with 25 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	105	$11,105,000	$105,762	$0	0.00%

Community Bank Of Marshall lent most frequently to those with DTI ratios of Exempt%, with 105 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	80	$7,000,000	$87,500	$0	0.00%
Not applicable	10	$2,340,000	$234,000	$0	0.00%
Not provided	13	$1,655,000	$127,308	$0	0.00%
American Indian	1	$55,000	$55,000	$0	0.00%
Black	1	$55,000	$55,000	$0	0.00%

Approval Rates

Total approvals of all applications
90.70%

Community Bank Of Marshall has an average approval rate.

Pick Rate

Approvals leading to origination
89.52%

Community Bank Of Marshall has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	105	$11,105,000	$105,762

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Manufactured	1	$65,000	$65,000
Multifamily:Site-Built	3	$2,605,000	$868,333
Single Family (1-4 Units):Manufactured	7	$1,305,000	$186,429
Single Family (1-4 Units):Site-Built	94	$7,130,000	$75,851

Complaints

Bank Name	Product	Issue	2019 CPFB Complaints	% of Total Issues
COMMUNITY BANK SYSTEM, INC.	Conventional home mortgage	Closing on a mortgage	1	20.0%
COMMUNITY BANK SYSTEM, INC.	Conventional home mortgage	Trouble during payment process	3	60.0%
COMMUNITY BANK SYSTEM, INC.	Home equity loan or line of credit (HELOC)	Closing on a mortgage	1	20.0%