Farmers Trust And Savings Bank Mortgage Rates, Fees & Info
Harlan, IALEI: 254900JBS4I4F2PTVN03
Tax ID: 42-0247800
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Mortgage Data
Review & Overview
Farmers Trust And Savings Bank is a smaller bank specializing in Home Purchase and Refi loans. Farmers Trust And Savings Bank has a high proportion of conventional loans. Their top two markets are Omaha and Carroll .Farmers Trust And Savings Bank has an above average approval rate when compared to the average across all lenders.
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Originations
26Origination Dollar Volume (All Markets)
$1,410,000Top 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 |
|---|---|---|---|---|---|
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 12 | $710,000 | $59,167 | $0 | 0.00% |
| Outside of Metro Areas | 13 | $605,000 | $46,538 | $0 | 0.00% |
| Carroll, IA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 26 | $1,410,000 | $54,231 | $0 | 0.00% |
For 2018, Farmers Trust And Savings Bank's most frequently originated type of loan was Conventional, with 26 originations.
Loan Reason
For 2018, Farmers Trust And Savings Bank's most frequently cited loan purpose was Home Purchase, with 11 originations. The 2nd most popular reason was Refi, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 26 | $1,410,000 | $54,231 | $0 | 0.00% |
For 2018, Farmers Trust And Savings Bank's most frequently cited loan duration was Other, with 26 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100,000 or less | 23 | $1,065,000 | $46,304 | $0 | 0.00% |
| $100k-200k | 3 | $345,000 | $115,000 | $0 | 0.00% |
2018 saw Farmers Trust And Savings Bank place emphasis on $100,000 or less loans with 23 originations, totaling $1,065,000 in origination value.
Applicant Income
Farmers Trust And Savings Bank lent most frequently to those with incomes in the $50k or less range, with 7 originations. The second most popular income band? $100k-150k, with 5 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 26 | $1,410,000 | $54,231 | $0 | 0.00% |
Farmers Trust And Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 26 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.86%
Farmers Trust And Savings Bank has an average approval rate.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 26 | $1,410,000 | $54,231 |