Alliance Bank Mortgage Rates, Fees & Info

TOPEKA, KS

LEI: 254900FGJF0W42LS9S31

Tax ID: 48-1202871

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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

    Alliance Bank is a smaller bank specializing in Home Purchase and Refi loans. Alliance Bank has a high proportion of conventional loans. Their top markets by origination volume include: Topeka, Manhattan, and Lawrence among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Alliance Bank has an above average approval rate when compared to the average across all 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

    34

    Origination Dollar Volume (All Markets)

    $4,230,000

    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
    TOPEKA, KS (FHA|USDA|VA) 31 $3,995,000 $128,871 $0 0.00%
    MANHATTAN, KS (FHA|USDA|VA) 2 $210,000 $105,000 $0 0.00%
    LAWRENCE, KS (FHA|USDA|VA) 1 $25,000 $25,000 $0 0.00%
    Alliance Bank's top markets include Topeka, Manhattan, and Lawrence among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 34 $4,230,000 $124,412 $0 0.00%

    For 2018, Alliance Bank's most frequently originated type of loan was Conventional, with 34 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 15 $1,745,000 $116,333 $0 0.00%
    Refi 14 $2,210,000 $157,857 $0 0.00%
    Home Improvement 4 $240,000 $60,000 $0 0.00%
    Other 1 $35,000 $35,000 $0 0.00%

    For 2018, Alliance Bank's most frequently cited loan purpose was Home Purchase, with 15 originations. The 2nd most popular reason was Refi, with 14 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 34 $4,230,000 $124,412 $0 0.00%

    For 2018, Alliance Bank's most frequently cited loan duration was Other, with 34 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 17 $975,000 $57,353 $0 0.00%
    $100k-200k 12 $1,600,000 $133,333 $0 0.00%
    $200k-400k 4 $1,190,000 $297,500 $0 0.00%
    $400k-600k 1 $465,000 $465,000 $0 0.00%

    2018 saw Alliance Bank place emphasis on $100,000 or less loans with 17 originations, totaling $975,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 10 $800,000 $80,000 $0 0.00%
    $50k-75k 6 $520,000 $86,667 $0 0.00%
    $100k-150k 3 $465,000 $155,000 $0 0.00%
    $150k-250k 2 $60,000 $30,000 $0 0.00%
    $250k+ 1 $465,000 $465,000 $0 0.00%
    $75k-100k 1 $385,000 $385,000 $0 0.00%

    Alliance Bank lent most frequently to those with incomes in the $50k or less range, with 10 originations. The second most popular income band? $50k-75k, with 6 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 34 $4,230,000 $124,412 $0 0.00%

    Alliance Bank lent most frequently to those with DTI ratios of Exempt%, with 34 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 23 $2,695,000 $117,174 $0 0.00%
    Not applicable 11 $1,535,000 $139,545 $0 0.00%

    Approval Rates

    Total approvals of all applications
    97.22%

    Alliance Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 34 $4,230,000 $124,412

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 3 $385,000 $128,333
    Single Family (1-4 Units):Manufactured 1 $15,000 $15,000
    Single Family (1-4 Units):Site-Built 30 $3,830,000 $127,667

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Alliance Data Card Services Other type of mortgage Closing on a mortgage 1 100.0%