The Callaway Bank Mortgage Rates, Fees & Info
Fulton, MOLEI: 254900H0KR1EP2IS0Y73
Tax ID: 43-0204426
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Callaway Bank is a smaller bank specializing in Home Purchase loans. The Callaway Bank has a high proportion of conventional loans. Their top markets by origination volume include: Columbia, Jefferson City, Mexico, Moberly, and St. Louis among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)The Callaway 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
106Origination Dollar Volume (All Markets)
$23,710,000Top 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 |
|---|---|---|---|---|---|
| COLUMBIA, MO (FHA|USDA|VA) | 44 | $11,000,000 | $250,000 | $0 | 0.00% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 50 | $10,330,000 | $206,600 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $865,000 | $288,333 | $0 | 0.00% |
| Mexico, MO (FHA|USDA|VA) | 4 | $680,000 | $170,000 | $0 | 0.00% |
| Moberly, MO (FHA|USDA|VA) | 4 | $570,000 | $142,500 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against The Callaway Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 106 | $23,710,000 | $223,679 | $0 | 0.00% |
For 2024, The Callaway Bank's most frequently originated type of loan was Conventional, with 106 originations.
Loan Reason
For 2024, The Callaway Bank's most frequently cited loan purpose was Home Purchase, with 90 originations. The 2nd most popular reason was Refi, with 10 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 106 | $23,710,000 | $223,679 | $0 | 0.00% |
For 2024, The Callaway Bank's most frequently cited loan duration was Other, with 106 originations.
Loan Sizing
2024 saw The Callaway Bank place emphasis on $100k-200k loans with 38 originations, totaling $5,480,000 in origination value.
Applicant Income
The Callaway Bank lent most frequently to those with incomes in the $100k-150k range, with 20 originations. The second most popular income band? $150k-250k, with 17 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 106 | $23,710,000 | $223,679 | $0 | 0.00% |
The Callaway Bank lent most frequently to those with DTI ratios of Exempt%, with 106 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.99%
The Callaway 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 origination78.30%
The Callaway Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 106 | $23,710,000 | $223,679 |