Today's Bank Mortgage Rates, Fees & Info
Fayetteville, ARLEI: 254900H07R1I9HDMFT89
Tax ID: 71-0707611
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Today's Bank is a smaller bank specializing in Home Purchase loans. Today's Bank has a high proportion of conventional loans. Their top markets by origination volume include: Fayetteville, Panama City, Little Rock, Columbia, and Forrest City among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Today's 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
25Origination Dollar Volume (All Markets)
$16,025,000Top 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 |
|---|---|---|---|---|---|
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 17 | $12,525,000 | $736,765 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $1,365,000 | $1,365,000 | $0 | 0.00% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 3 | $1,075,000 | $358,333 | $0 | 0.00% |
| COLUMBIA, MO (FHA|USDA|VA) | 1 | $775,000 | $775,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Forrest City, AR (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 25 | $16,025,000 | $641,000 | $0 | 0.00% |
For 2023, Today's Bank's most frequently originated type of loan was Conventional, with 25 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 19 | $13,575,000 | $714,474 | $0 | 0.00% |
| Refi | 5 | $2,425,000 | $485,000 | $0 | 0.00% |
| Other | 1 | $25,000 | $25,000 | $0 | 0.00% |
For 2023, Today's Bank's most frequently cited loan purpose was Home Purchase, with 19 originations. The 2nd most popular reason was Refi, with 5 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 25 | $16,025,000 | $641,000 | $0 | 0.00% |
For 2023, Today's Bank's most frequently cited loan duration was Other, with 25 originations.
Loan Sizing
2023 saw Today's Bank place emphasis on $200k-400k loans with 5 originations, totaling $1,375,000 in origination value.
Applicant Income
Today's Bank lent most frequently to those with incomes in the $250k+ range, with 4 originations. The second most popular income band? $150k-250k, with 3 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 25 | $16,025,000 | $641,000 | $0 | 0.00% |
Today's Bank lent most frequently to those with DTI ratios of Exempt%, with 25 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.32%
Today's Bank has an average approval rate.
Pick Rate
Approvals leading to origination88.00%
Today's Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 25 | $16,025,000 | $641,000 |