Kingston National Bank Mortgage Rates, Fees & Info

Kingston, OH

LEI: 254900ICEZWRRYBRW481

Tax ID: 31-4225037

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • 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

    Kingston National Bank is a smaller bank specializing in Home Purchase and Refi loans. Kingston National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Columbus, Chillicothe, Mount Vernon, Jackson, and Cincinnati among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Kingston National Bank has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. Kingston National Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

    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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.85% 11/21/24
    30 Year Conventional Refi 6.55% 11/21/24
    15 Year Conventional Purchase 6.25% 11/21/24
    15 Year Conventional Refi 6.24% 11/21/24
    15 Year Cash-out Refi 6.24% 11/21/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Kingston National Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Kingston National Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    202

    Origination Dollar Volume (All Markets)

    $41,070,000

    Awards

    Kingston National Bank 30 Year Conventional Loans gold Kingston National Bank 30 Year Conventional Loans gold Kingston National Bank 30 Year Conventional Loans gold
    Show all (3) awards

    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
    COLUMBUS, OH (FHA|USDA|VA) 97 $23,035,000 $237,474 $2,901 4.52%
    Chillicothe, OH (FHA|USDA|VA) 84 $14,510,000 $172,738 $2,435 4.78%
    Outside of Metro Areas 13 $1,895,000 $145,769 $2,411 5.17%
    Mount Vernon, OH (FHA|USDA|VA) 2 $630,000 $315,000 $3,244 3.93%
    Jackson, OH (FHA|USDA|VA) 2 $400,000 $200,000 $3,532 5.43%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $225,000 $225,000 $0 6.25%
    Marietta, OH (FHA|USDA|VA) 1 $185,000 $185,000 $2,816 4.90%
    Bellefontaine, OH (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.25%
    Athens, OH (FHA|USDA|VA) 1 $85,000 $85,000 $0 5.00%
    Kingston National Bank's top markets include Columbus, Chillicothe, Mount Vernon, Jackson, and Cincinnati among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Kingston National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    HOMELAND CREDIT UNION, INC.
    Similarity Rank: 49
    First Federal Savings and Loan Association
    Similarity Rank: 366
    The Community Bank
    Similarity Rank: 406
    CME Federal Credit Union
    Similarity Rank: 663
    TrueCore Federal Credit Union
    Similarity Rank: 765
    Kingston National Bank
    Similarity Rank: 1233
    BMI Federal Credit Union
    Similarity Rank: 1275
    THE VINTON COUNTY NATIONAL BANK
    Similarity Rank: 1300
    The Merchants National Bank
    Similarity Rank: 1358
    PRIORITY MORTGAGE CORP.
    Similarity Rank: 1491

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 202 $41,070,000 $203,317 $2,694 4.68%

    For 2022, Kingston National Bank's most frequently originated type of loan was Conventional, with 202 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 115 $27,095,000 $235,609 $3,069 5.12%
    Refi 70 $11,640,000 $166,286 $2,257 3.87%
    Home Improvement 16 $2,250,000 $140,625 $2,109 4.99%
    Other 1 $85,000 $85,000 $1,441 6.25%

    For 2022, Kingston National Bank's most frequently cited loan purpose was Home Purchase, with 115 originations. The 2nd most popular reason was Refi, with 70 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 54 $10,340,000 $191,481 $2,603 3.95%
    30 Year 42 $7,920,000 $188,571 $2,483 5.35%
    15 Year 34 $5,800,000 $170,588 $2,590 4.57%
    30+ year 29 $9,725,000 $335,345 $3,635 5.21%
    Other 23 $4,905,000 $213,261 $2,753 4.59%
    10 Year 18 $2,030,000 $112,778 $1,778 4.59%
    1 Year 2 $350,000 $175,000 $1,685 6.60%

    For 2022, Kingston National Bank's most frequently cited loan duration was 20 Year, with 54 originations. The 2nd most popular length was 30 Year, with 42 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 104 $16,590,000 $159,519
    $1k-2k 53 $15,745,000 $297,075
    $2k-3k 3 $2,225,000 $741,667

    Kingston National Bank's average total fees were $2,483, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 104 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 58 $11,470,000 $197,759
    2.5-3% 51 $9,815,000 $192,451
    5-6% 50 $12,470,000 $249,400
    6-7% 24 $2,860,000 $119,167
    3-4% 15 $3,685,000 $245,667
    7-8% 3 $395,000 $131,667

    During 2022, Kingston National Bank's average interest rate for loans was 5.35%, while their most frequently originated rate bucket for loans was 4-5%, with 58 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 74 $10,690,000 $144,459 $2,317 4.65%
    $200k-400k 64 $16,990,000 $265,469 $3,146 4.64%
    $100,000 or less 46 $2,970,000 $64,565 $1,784 4.81%
    $400k-600k 13 $6,195,000 $476,538 $3,623 4.77%
    $600k-1MM 4 $2,910,000 $727,500 $5,351 4.51%
    $1MM+ 1 $1,315,000 $1,315,000 $6,120 3.75%

    2022 saw Kingston National Bank place emphasis on $100k-200k loans with 74 originations, totaling $10,690,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 40 $10,290,000 $257,250 $3,003 4.30%
    $50k-75k 39 $5,595,000 $143,462 $2,283 4.96%
    $75k-100k 35 $6,565,000 $187,571 $2,547 4.43%
    $150k-250k 30 $7,160,000 $238,667 $2,827 4.33%
    $50k or less 22 $2,110,000 $95,909 $2,190 4.76%
    $250k+ 13 $5,655,000 $435,000 $4,059 4.83%

    Kingston National Bank lent most frequently to those with incomes in the $100k-150k range, with 40 originations. The second most popular income band? $50k-75k, with 39 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 45 $10,515,000 $233,667 $2,777 4.28%
    30-36% 38 $8,110,000 $213,421 $2,701 4.48%
    <20% 24 $3,930,000 $163,750 $2,374 4.40%
    39% 9 $1,535,000 $170,556 $2,508 5.07%
    41% 8 $1,910,000 $238,750 $2,890 4.76%
    42% 8 $1,720,000 $215,000 $2,679 4.42%
    36% 7 $1,165,000 $166,429 $2,291 5.12%
    37% 7 $1,755,000 $250,714 $3,048 4.57%
    38% 6 $1,670,000 $278,333 $2,602 4.56%
    40% 6 $1,400,000 $233,333 $3,464 4.68%
    50-60% 5 $1,065,000 $213,000 $2,523 5.23%
    49% 2 $250,000 $125,000 $2,437 4.05%
    43% 2 $420,000 $210,000 $3,668 4.38%
    >60% 1 $105,000 $105,000 $0 4.75%
    47% 1 $155,000 $155,000 $2,412 2.95%
    44% 1 $375,000 $375,000 $4,818 4.90%
    46% 1 $45,000 $45,000 $1,288 5.75%

    Kingston National Bank lent most frequently to those with DTI ratios of 20-30%, with 45 originations. The next most common DTI ratio? 30-36%, with 38 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 172 $35,140,000 $204,302 $2,651 4.59%
    Not applicable 19 $2,925,000 $153,947 $0 5.54%
    Not provided 10 $2,800,000 $280,000 $3,266 4.58%
    Black 1 $205,000 $205,000 $3,361 5.95%

    Approval Rates

    Total approvals of all applications
    85.38%

    Kingston National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    90.10%

    Kingston National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 202 $41,070,000 $203,317

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    202 $41,070,000 $203,317

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 27 $3,095,000 $114,630 $1,988 4.03%
    40-60% 33 $5,825,000 $176,515 $2,508 4.12%
    60-80% 108 $25,850,000 $239,352 $3,020 4.96%
    80-100% 18 $4,340,000 $241,111 $2,739 4.63%
    Under 20% 12 $1,220,000 $101,667 $2,087 4.83%