Community Bank & Trust Waco Texas Mortgage Rates, Fees & Info
Waco, TXLEI: 25490070QB5LWJ9JID79
Tax ID: 74-1165349
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Community Bank & Trust Waco Texas is a smaller bank specializing in Home Purchase and Refi 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.
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Originations
120Origination Dollar Volume (All Markets)
$42,130,000Top 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 |
|---|---|---|---|---|---|
| WACO, TX (FHA|USDA|VA) | 99 | $24,885,000 | $251,364 | $0 | 0.00% |
| Outside of Metro Areas | 21 | $17,245,000 | $821,190 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 120 | $42,130,000 | $351,083 | $0 | 0.00% |
For 2024, Community Bank & Trust Waco Texas's most frequently originated type of loan was Conventional, with 120 originations.
Loan Reason
For 2024, Community Bank & Trust Waco Texas's most frequently cited loan purpose was Home Purchase, with 62 originations. The 2nd most popular reason was Refi, with 26 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 120 | $42,130,000 | $351,083 | $0 | 0.00% |
For 2024, Community Bank & Trust Waco Texas's most frequently cited loan duration was Other, with 120 originations.
Loan Sizing
2024 saw Community Bank & Trust Waco Texas place emphasis on $100,000 or less loans with 37 originations, totaling $2,175,000 in origination value.
Applicant Income
Community Bank & Trust Waco Texas lent most frequently to those with incomes in the $100k-150k range, with 29 originations. The second most popular income band? $75k-100k, with 19 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 120 | $42,130,000 | $351,083 | $0 | 0.00% |
Community Bank & Trust Waco Texas lent most frequently to those with DTI ratios of Exempt%, with 120 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.95%
Community Bank & Trust Waco Texas has an average approval rate.
Pick Rate
Approvals leading to origination65.83%
Community Bank & Trust Waco Texas has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 120 | $42,130,000 | $351,083 |