The First National Bank Of Mcconnelsville Mortgage Rates, Fees & Info

McConnelsville, OH

LEI: 254900JH5HOQQ4CDPC30

Tax ID: 31-4247738

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

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Mortgage Data

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

    The First National Bank Of Mcconnelsville is a smaller bank specializing in Home Purchase and Cash Out Refi loans. The First National Bank Of Mcconnelsville has a high proportion of conventional loans. Their top markets by origination volume include: Athens, Columbus, Zanesville, and Marietta among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The First National Bank Of Mcconnelsville has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar 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

    81

    Origination Dollar Volume (All Markets)

    $12,145,000

    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
    Athens, OH (FHA|USDA|VA) 27 $5,025,000 $186,111 $0 0.00%
    Outside of Metro Areas 38 $3,950,000 $103,947 $0 0.00%
    COLUMBUS, OH (FHA|USDA|VA) 11 $2,425,000 $220,455 $0 0.00%
    Zanesville, OH (FHA|USDA|VA) 3 $465,000 $155,000 $0 0.00%
    Marietta, OH (FHA|USDA|VA) 2 $280,000 $140,000 $0 0.00%
    The First National Bank Of Mcconnelsville's top markets include Athens, Columbus, Zanesville, and Marietta among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 81 $12,145,000 $149,938 $0 0.00%

    For 2022, The First National Bank Of Mcconnelsville's most frequently originated type of loan was Conventional, with 81 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 42 $7,660,000 $182,381 $0 0.00%
    Cash Out Refi 21 $2,695,000 $128,333 $0 0.00%
    Refi 7 $685,000 $97,857 $0 0.00%
    Home Improvement 6 $310,000 $51,667 $0 0.00%
    Other 5 $795,000 $159,000 $0 0.00%

    For 2022, The First National Bank Of Mcconnelsville's most frequently cited loan purpose was Home Purchase, with 42 originations. The 2nd most popular reason was Cash Out Refi, with 21 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 81 $12,145,000 $149,938 $0 0.00%

    For 2022, The First National Bank Of Mcconnelsville's most frequently cited loan duration was Other, with 81 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 34 $1,850,000 $54,412 $0 0.00%
    $100k-200k 33 $4,625,000 $140,152 $0 0.00%
    $200k-400k 10 $2,700,000 $270,000 $0 0.00%
    $400k-600k 2 $880,000 $440,000 $0 0.00%
    $1MM+ 1 $1,405,000 $1,405,000 $0 0.00%
    $600k-1MM 1 $685,000 $685,000 $0 0.00%

    2022 saw The First National Bank Of Mcconnelsville place emphasis on $100,000 or less loans with 34 originations, totaling $1,850,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 22 $2,480,000 $112,727 $0 0.00%
    $50k or less 15 $1,025,000 $68,333 $0 0.00%
    $100k-150k 14 $2,280,000 $162,857 $0 0.00%
    $75k-100k 8 $840,000 $105,000 $0 0.00%
    $150k-250k 4 $750,000 $187,500 $0 0.00%
    $250k+ 3 $695,000 $231,667 $0 0.00%

    The First National Bank Of Mcconnelsville lent most frequently to those with incomes in the $50k-75k range, with 22 originations. The second most popular income band? $50k or less, with 15 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 81 $12,145,000 $149,938 $0 0.00%

    The First National Bank Of Mcconnelsville lent most frequently to those with DTI ratios of Exempt%, with 81 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 69 $8,955,000 $129,783 $0 0.00%
    Not applicable 5 $2,485,000 $497,000 $0 0.00%
    Black 5 $485,000 $97,000 $0 0.00%
    Not provided 2 $220,000 $110,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    86.87%

    The First National Bank Of Mcconnelsville has an average approval rate.

    Pick Rate

    Approvals leading to origination
    93.83%

    The First National Bank Of Mcconnelsville has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 81 $12,145,000 $149,938

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    81 $12,145,000 $149,938