The Grant County Bank Mortgage Rates, Fees & Info
PETERSBURG, WVLEI: 254900FAEHPIBKT6SS85
Tax ID: 55-0181210
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Grant County Bank is a smaller bank specializing in Home Purchase loans. The Grant County Bank has a high proportion of conventional loans. Their top markets by origination volume include: Elkins, Cumberland, Hagerstown, Winchester, and Morgantown among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)The Grant County 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.
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Originations
108Origination Dollar Volume (All Markets)
$17,110,000Top 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 | 74 | $9,880,000 | $133,514 | $0 | 0.00% |
| Elkins, WV (FHA|USDA|VA) | 10 | $2,020,000 | $202,000 | $0 | 0.00% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 12 | $2,000,000 | $166,667 | $0 | 0.00% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 4 | $1,160,000 | $290,000 | $0 | 0.00% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $815,000 | $815,000 | $0 | 0.00% |
| MORGANTOWN, WV (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Fairmont, WV (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| WHEELING, WV-OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 108 | $17,110,000 | $158,426 | $0 | 0.00% |
For 2024, The Grant County Bank's most frequently originated type of loan was Conventional, with 108 originations.
Loan Reason
For 2024, The Grant County Bank's most frequently cited loan purpose was Home Purchase, with 65 originations. The 2nd most popular reason was Cash Out Refi, with 19 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 108 | $17,110,000 | $158,426 | $0 | 0.00% |
For 2024, The Grant County Bank's most frequently cited loan duration was Other, with 108 originations.
Loan Sizing
2024 saw The Grant County Bank place emphasis on $100,000 or less loans with 49 originations, totaling $2,695,000 in origination value.
Applicant Income
The Grant County Bank lent most frequently to those with incomes in the $50k-75k range, with 22 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% | 108 | $17,110,000 | $158,426 | $0 | 0.00% |
The Grant County Bank lent most frequently to those with DTI ratios of Exempt%, with 108 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.59%
The Grant County Bank has an average approval rate.
Pick Rate
Approvals leading to origination84.26%
The Grant County Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 108 | $17,110,000 | $158,426 |