Community Bank Of Marshall Mortgage Rates, Fees & Info
Marshall, MOLEI: 25490051QQ72KQWNN915
Tax ID: 43-1123104
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Community Bank Of Marshall is a smaller bank specializing in Home Purchase, Cash Out Refi, and 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 an above average pick rate when compared to similar lenders.
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Originations
96Origination Dollar Volume (All Markets)
$10,360,000Top 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 |
|---|---|---|---|---|---|
| Marshall, MO (FHA|USDA|VA) | 74 | $5,950,000 | $80,405 | $0 | 0.00% |
| Outside of Metro Areas | 7 | $2,645,000 | $377,857 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 8 | $940,000 | $117,500 | $0 | 0.00% |
| Sedalia, MO (FHA|USDA|VA) | 5 | $515,000 | $103,000 | $0 | 0.00% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 95 | $10,245,000 | $107,842 | $0 | 0.00% |
| USDA | 1 | $115,000 | $115,000 | $0 | 0.00% |
For 2021, Community Bank Of Marshall's most frequently originated type of loan was Conventional, with 95 originations. Their 2nd most popular type was USDA, with 1 originations.
Loan Reason
For 2021, Community Bank Of Marshall's most frequently cited loan purpose was Home Purchase, with 36 originations. The 2nd most popular reason was Cash Out Refi, with 29 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 96 | $10,360,000 | $107,917 | $0 | 0.00% |
For 2021, Community Bank Of Marshall's most frequently cited loan duration was Other, with 96 originations.
Loan Sizing
2021 saw Community Bank Of Marshall place emphasis on $100,000 or less loans with 64 originations, totaling $3,130,000 in origination value.
Applicant Income
Community Bank Of Marshall lent most frequently to those with incomes in the $50k or less range, with 25 originations. The second most popular income band? $50k-75k, with 20 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 96 | $10,360,000 | $107,917 | $0 | 0.00% |
Community Bank Of Marshall lent most frequently to those with DTI ratios of Exempt%, with 96 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.12%
Community Bank Of Marshall has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination94.79%
Community Bank Of Marshall has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 96 | $10,360,000 | $107,917 |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| COMMUNITY BANK SYSTEM, INC. | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 50.0% |
| COMMUNITY BANK SYSTEM, INC. | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 1 | 50.0% |