Community Bank & Trust Waco Texas Mortgage Rates, Fees & Info

Waco, TX

LEI: 25490070QB5LWJ9JID79

Tax ID: 74-1165349

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Community Bank & Trust Waco Texas is a smaller bank specializing in Home Purchase loans. Community Bank & Trust Waco Texas has a high proportion of conventional loans. Their top (well, only) market is Waco.

    Community Bank & Trust Waco Texas has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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    Originations

    145

    Origination Dollar Volume (All Markets)

    $51,745,000

    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
    WACO, TX (FHA|USDA|VA) 131 $39,905,000 $304,618 $0 0.00%
    Outside of Metro Areas 14 $11,840,000 $845,714 $0 0.00%
    Community Bank & Trust Waco Texas's top markets include and Waco among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 145 $51,745,000 $356,862 $0 0.00%

    For 2023, Community Bank & Trust Waco Texas's most frequently originated type of loan was Conventional, with 145 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 92 $41,010,000 $445,761 $0 0.00%
    Refi 24 $8,240,000 $343,333 $0 0.00%
    Home Improvement 23 $2,185,000 $95,000 $0 0.00%
    Other 6 $310,000 $51,667 $0 0.00%

    For 2023, Community Bank & Trust Waco Texas's most frequently cited loan purpose was Home Purchase, with 92 originations. The 2nd most popular reason was Refi, with 24 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 145 $51,745,000 $356,862 $0 0.00%

    For 2023, Community Bank & Trust Waco Texas's most frequently cited loan duration was Other, with 145 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 41 $11,455,000 $279,390 $0 0.00%
    $100,000 or less 39 $2,275,000 $58,333 $0 0.00%
    $100k-200k 31 $4,525,000 $145,968 $0 0.00%
    $400k-600k 18 $8,720,000 $484,444 $0 0.00%
    $1MM+ 9 $19,885,000 $2,209,444 $0 0.00%
    $600k-1MM 7 $4,885,000 $697,857 $0 0.00%

    2023 saw Community Bank & Trust Waco Texas place emphasis on $200k-400k loans with 41 originations, totaling $11,455,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 34 $7,750,000 $227,941 $0 0.00%
    $150k-250k 23 $8,325,000 $361,957 $0 0.00%
    $50k-75k 23 $3,215,000 $139,783 $0 0.00%
    $250k+ 20 $13,600,000 $680,000 $0 0.00%
    $75k-100k 16 $3,250,000 $203,125 $0 0.00%
    $50k or less 14 $1,350,000 $96,429 $0 0.00%

    Community Bank & Trust Waco Texas lent most frequently to those with incomes in the $100k-150k range, with 34 originations. The second most popular income band? $150k-250k, with 23 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 145 $51,745,000 $356,862 $0 0.00%

    Community Bank & Trust Waco Texas lent most frequently to those with DTI ratios of Exempt%, with 145 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 110 $32,500,000 $295,455 $0 0.00%
    Not applicable 13 $13,775,000 $1,059,615 $0 0.00%
    Not provided 9 $3,605,000 $400,556 $0 0.00%
    Black 8 $1,020,000 $127,500 $0 0.00%
    Asian Indian 1 $565,000 $565,000 $0 0.00%
    Asian 3 $215,000 $71,667 $0 0.00%
    American Indian 1 $65,000 $65,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    89.52%

    Community Bank & Trust Waco Texas has an average approval rate.

    Pick Rate

    Approvals leading to origination
    74.48%

    Community Bank & Trust Waco Texas has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 145 $51,745,000 $356,862

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    145 $51,745,000 $356,862