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
  • Complaints
  • 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 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 above 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

    204

    Origination Dollar Volume (All Markets)

    $49,780,000

    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) 174 $37,570,000 $215,920 $0 0.00%
    Outside of Metro Areas 30 $12,210,000 $407,000 $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 204 $49,780,000 $244,020 $0 0.00%

    For 2022, Community Bank & Trust Waco Texas's most frequently originated type of loan was Conventional, with 204 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 100 $33,830,000 $338,300 $0 0.00%
    Refi 57 $10,195,000 $178,860 $0 0.00%
    Home Improvement 35 $4,645,000 $132,714 $0 0.00%
    Other 12 $1,110,000 $92,500 $0 0.00%

    For 2022, Community Bank & Trust Waco Texas's most frequently cited loan purpose was Home Purchase, with 100 originations. The 2nd most popular reason was Refi, with 57 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 204 $49,780,000 $244,020 $0 0.00%

    For 2022, Community Bank & Trust Waco Texas's most frequently cited loan duration was Other, with 204 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 67 $4,135,000 $61,716 $0 0.00%
    $200k-400k 56 $16,330,000 $291,607 $0 0.00%
    $100k-200k 51 $7,595,000 $148,922 $0 0.00%
    $400k-600k 14 $6,660,000 $475,714 $0 0.00%
    $600k-1MM 13 $10,085,000 $775,769 $0 0.00%
    $1MM+ 3 $4,975,000 $1,658,333 $0 0.00%

    2022 saw Community Bank & Trust Waco Texas place emphasis on $100,000 or less loans with 67 originations, totaling $4,135,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 39 $10,245,000 $262,692 $0 0.00%
    $100k-150k 35 $7,385,000 $211,000 $0 0.00%
    $75k-100k 29 $5,255,000 $181,207 $0 0.00%
    $50k-75k 26 $3,290,000 $126,538 $0 0.00%
    $250k+ 25 $14,885,000 $595,400 $0 0.00%
    $50k or less 22 $1,990,000 $90,455 $0 0.00%

    Community Bank & Trust Waco Texas lent most frequently to those with incomes in the $150k-250k range, with 39 originations. The second most popular income band? $100k-150k, with 35 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 204 $49,780,000 $244,020 $0 0.00%

    Community Bank & Trust Waco Texas lent most frequently to those with DTI ratios of Exempt%, with 204 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 150 $37,560,000 $250,400 $0 0.00%
    Not applicable 25 $5,985,000 $239,400 $0 0.00%
    Not provided 20 $5,170,000 $258,500 $0 0.00%
    American Indian 2 $430,000 $215,000 $0 0.00%
    Black 6 $370,000 $61,667 $0 0.00%
    Native Hawaiian or Islander 1 $265,000 $265,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.65%

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

    Pick Rate

    Approvals leading to origination
    76.47%

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

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 204 $49,780,000 $244,020

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    204 $49,780,000 $244,020

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    Community Loan Servicing, LLC (formerly known as Bayview Loan Servicing, LLC) FHA mortgage Struggling to pay mortgage 2 66.7%
    Community Loan Servicing, LLC (formerly known as Bayview Loan Servicing, LLC) Other type of mortgage Trouble during payment process 1 33.3%