Gnb Bank Mortgage Rates, Fees & Info
Grundy Center, IALEI: 25490072C0PMGDUJQU77
Tax ID: 42-0287760
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Gnb Bank is a smaller bank specializing in Home Purchase and Refi loans. Gnb Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Marshalltown, Waterloo, Ames, Des Moines, and Chico among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)Gnb Bank 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
113Origination Dollar Volume (All Markets)
$17,495,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 33 | $5,735,000 | $173,788 | $0 | 0.00% |
| Marshalltown, IA (FHA|USDA|VA) | 25 | $3,895,000 | $155,800 | $0 | 0.00% |
| WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 27 | $3,385,000 | $125,370 | $0 | 0.00% |
| AMES, IA (FHA|USDA|VA) | 16 | $2,430,000 | $151,875 | $0 | 0.00% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $0 | 0.00% |
| CHICO, CA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Fort Dodge, IA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| Austin, MN (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 0.00% |
| Mason City, IA (FHA|USDA|VA) | 3 | $115,000 | $38,333 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 111 | $17,155,000 | $154,550 | $0 | 0.00% |
| USDA | 2 | $340,000 | $170,000 | $0 | 0.00% |
For 2024, Gnb Bank's most frequently originated type of loan was Conventional, with 111 originations. Their 2nd most popular type was USDA, with 2 originations.
Loan Reason
For 2024, Gnb Bank's most frequently cited loan purpose was Home Purchase, with 68 originations. The 2nd most popular reason was Refi, with 30 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 113 | $17,495,000 | $154,823 | $0 | 0.00% |
For 2024, Gnb Bank's most frequently cited loan duration was Other, with 113 originations.
Loan Sizing
2024 saw Gnb Bank place emphasis on $100,000 or less loans with 44 originations, totaling $2,370,000 in origination value.
Applicant Income
Gnb Bank lent most frequently to those with incomes in the $100k-150k range, with 22 originations. The second most popular income band? $75k-100k, with 13 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 113 | $17,495,000 | $154,823 | $0 | 0.00% |
Gnb Bank lent most frequently to those with DTI ratios of Exempt%, with 113 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.36%
Gnb Bank has an average approval rate.
Pick Rate
Approvals leading to origination86.73%
Gnb Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 113 | $17,495,000 | $154,823 |