Community Savings Bank Mortgage Rates, Fees & Info

Bethel, OH

LEI: 2549009O1XK0YQZXEL45

Tax ID: 31-0216000

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 Savings Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Community Savings Bank has a high proportion of conventional loans. Their top (well, only) market is Cincinnati.

    Community Savings Bank 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

    29

    Origination Dollar Volume (All Markets)

    $8,495,000

    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
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 27 $8,385,000 $310,556 $0 0.00%
    Outside of Metro Areas 2 $110,000 $55,000 $0 0.00%
    Community Savings Bank's top markets include and Cincinnati among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 29 $8,495,000 $292,931 $0 0.00%

    For 2022, Community Savings Bank's most frequently originated type of loan was Conventional, with 29 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 14 $3,270,000 $233,571 $0 0.00%
    Cash Out Refi 13 $4,805,000 $369,615 $0 0.00%
    Refi 2 $420,000 $210,000 $0 0.00%

    For 2022, Community Savings Bank's most frequently cited loan purpose was Home Purchase, with 14 originations. The 2nd most popular reason was Cash Out Refi, with 13 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 29 $8,495,000 $292,931 $0 0.00%

    For 2022, Community Savings Bank's most frequently cited loan duration was Other, with 29 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 13 $2,085,000 $160,385 $0 0.00%
    $200k-400k 6 $1,850,000 $308,333 $0 0.00%
    $400k-600k 5 $2,395,000 $479,000 $0 0.00%
    $100,000 or less 3 $175,000 $58,333 $0 0.00%
    $1MM+ 1 $1,255,000 $1,255,000 $0 0.00%
    $600k-1MM 1 $735,000 $735,000 $0 0.00%

    2022 saw Community Savings Bank place emphasis on $100k-200k loans with 13 originations, totaling $2,085,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 4 $610,000 $152,500 $0 0.00%
    $50k or less 3 $245,000 $81,667 $0 0.00%
    $75k-100k 3 $755,000 $251,667 $0 0.00%
    $100k-150k 2 $670,000 $335,000 $0 0.00%
    $150k-250k 2 $730,000 $365,000 $0 0.00%
    $250k+ 2 $870,000 $435,000 $0 0.00%

    Community Savings Bank lent most frequently to those with incomes in the $50k-75k range, with 4 originations. The second most popular income band? $50k or less, with 3 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 29 $8,495,000 $292,931 $0 0.00%

    Community Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 29 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 16 $4,360,000 $272,500 $0 0.00%
    Not applicable 12 $4,070,000 $339,167 $0 0.00%
    Not provided 1 $65,000 $65,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.43%

    Community Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    89.66%

    Community Savings Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 29 $8,495,000 $292,931

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    29 $8,495,000 $292,931

    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%