Central National Bank Mortgage Rates, Fees & Info

Junction City, KS

LEI: 254900L3UJN7196A5W71

Tax ID: 48-1174053

5 stars - Updated: 11/17/24 - out of 5 stars, based on 16 reviews

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • 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

    Central National Bank is a smaller bank specializing in Home Purchase loans. Central National Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Manhattan, Omaha, Kansas City, Topeka, and Wichita among others. We have data for 22 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Central National Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Central 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 6.57% 11/17/24
    30 Year Conventional Refi 6.73% 11/17/24
    30 Year Cash-out Refi 6.76% 11/17/24
    30 Year FHA Purchase 7.25% 11/17/24
    30 Year FHA Refi 6.27% 11/17/24
    30 Year VA Purchase 6.37% 11/17/24
    30 Year VA Refi 6.64% 11/17/24
    15 Year Conventional Purchase 6.00% 11/17/24
    15 Year Conventional Refi 5.86% 11/17/24
    15 Year Cash-out Refi 5.86% 11/17/24
    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.

    Central National Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Central 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

    272

    Origination Dollar Volume (All Markets)

    $62,810,000
    Show all (9) awards

    Relative Rate

    Central National Bank's average 30 year fixed mortgage rate was 6.76%.

    The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

    This yields a difference of 0.28%.

    Relative Fees (Closing Costs)

    Central National Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $2,516.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

    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
    MANHATTAN, KS (FHA|USDA|VA) 62 $12,660,000 $204,194 $2,110 6.83%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 29 $9,475,000 $326,724 $2,904 6.57%
    Outside of Metro Areas 63 $8,665,000 $137,540 $2,194 7.08%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 22 $7,080,000 $321,818 $2,936 6.76%
    TOPEKA, KS (FHA|USDA|VA) 27 $5,825,000 $215,741 $2,935 7.08%
    WICHITA, KS (FHA|USDA|VA) 27 $5,765,000 $213,519 $2,491 7.47%
    Ottawa, KS (FHA|USDA|VA) 3 $4,615,000 $1,538,333 $3,579 7.04%
    LAWRENCE, KS (FHA|USDA|VA) 7 $3,345,000 $477,857 $1,420 7.08%
    Hays, KS (FHA|USDA|VA) 5 $885,000 $177,000 $0 7.08%
    Salina, KS (FHA|USDA|VA) 5 $885,000 $177,000 $1,616 7.22%
    LINCOLN, NE (FHA|USDA|VA) 2 $700,000 $350,000 $5,472 7.50%
    Great Bend, KS (FHA|USDA|VA) 6 $540,000 $90,000 $0 7.29%
    Hutchinson, KS (FHA|USDA|VA) 4 $510,000 $127,500 $1,477 7.24%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $395,000 $395,000 $9,404 6.63%
    Columbus, NE (FHA|USDA|VA) 2 $380,000 $190,000 $1,891 6.81%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $215,000 $215,000 $1,163 7.88%
    GRAND ISLAND, NE (FHA|USDA|VA) 1 $185,000 $185,000 $2,653 6.50%
    Scottsbluff, NE (FHA|USDA|VA) 1 $165,000 $165,000 $4,726 6.00%
    McPherson, KS (FHA|USDA|VA) 1 $155,000 $155,000 $3,319 6.63%
    Garden City, KS (FHA|USDA|VA) 1 $145,000 $145,000 $1,371 6.38%
    Emporia, KS (FHA|USDA|VA) 1 $115,000 $115,000 $2,862 6.25%
    Norfolk, NE (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.63%
    Central National Bank's top markets include Manhattan, Omaha, Kansas City, Topeka, and Wichita among others.

    Their top states include:
  • Kansas (FHA|USDA|VA)
  • Nebraska (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)

    • Similar Lenders

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

    PANHANDLE FEDERAL CREDIT UNION
    Similarity Rank: 6
    METRO CU
    Similarity Rank: 56
    HOME BANK AND TRUST COMPANY
    Similarity Rank: 60
    South Metro Federal Credit Union
    Similarity Rank: 75
    CoreFirst Bank & Trust
    Similarity Rank: 90
    Azura Credit Union
    Similarity Rank: 140
    GOLDEN PLAINS
    Similarity Rank: 176
    Cobalt Credit Union
    Similarity Rank: 192
    Envista Credit Union
    Similarity Rank: 198
    Bank of the Flint Hills
    Similarity Rank: 210

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 224 $51,360,000 $229,286 $2,042 7.07%
    FHA 25 $4,815,000 $192,600 $4,760 6.62%
    VA 23 $6,635,000 $288,478 $2,773 6.47%

    For 2023, Central National Bank's most frequently originated type of loan was Conventional, with 224 originations. Their 2nd most popular type was FHA, with 25 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 218 $49,110,000 $225,275 $2,419 6.86%
    Refi 37 $6,975,000 $188,514 $3,117 7.57%
    Home Improvement 8 $5,030,000 $628,750 $0 7.89%
    Cash Out Refi 6 $1,040,000 $173,333 $3,543 6.69%
    Other 3 $655,000 $218,333 $2,204 6.96%

    For 2023, Central National Bank's most frequently cited loan purpose was Home Purchase, with 218 originations. The 2nd most popular reason was Refi, with 37 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 183 $42,685,000 $233,251 $2,516 6.76%
    20 Year 38 $6,940,000 $182,632 $3,472 7.54%
    15 Year 28 $3,430,000 $122,500 $2,071 7.06%
    Other 12 $8,850,000 $737,500 $1,105 7.41%
    10 Year 5 $275,000 $55,000 $0 8.01%
    1 Year 4 $440,000 $110,000 $0 8.63%
    3 Year 1 $95,000 $95,000 $0 7.50%
    5 Year 1 $95,000 $95,000 $0 7.50%

    For 2023, Central National Bank's most frequently cited loan duration was 30 Year, with 183 originations. The 2nd most popular length was 20 Year, with 38 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 153 $33,715,000 $220,359
    $1k-2k 22 $5,440,000 $247,273
    $2k-3k 8 $2,470,000 $308,750
    $3k-4k 5 $1,485,000 $297,000
    $4k-5k 2 $590,000 $295,000
    $5k+ 2 $780,000 $390,000

    Central National Bank's average total fees were $2,516, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 153 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 134 $30,670,000 $228,881
    7-8% 86 $21,010,000 $244,302
    5-6% 25 $5,505,000 $220,200
    Over 8% 25 $5,185,000 $207,400
    4-5% 2 $440,000 $220,000

    During 2023, Central National Bank's average interest rate for loans was 6.76%, while their most frequently originated rate bucket for loans was 6-7%, with 134 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 97 $26,925,000 $277,577 $2,795 6.84%
    $100k-200k 81 $11,975,000 $147,840 $2,011 6.90%
    $100,000 or less 66 $4,480,000 $67,879 $2,054 7.32%
    $400k-600k 23 $10,915,000 $474,565 $3,236 6.85%
    $1MM+ 3 $7,165,000 $2,388,333 $0 8.05%
    $600k-1MM 2 $1,350,000 $675,000 $2,283 6.06%

    2023 saw Central National Bank place emphasis on $200k-400k loans with 97 originations, totaling $26,925,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 59 $14,045,000 $238,051 $2,630 6.83%
    $150k-250k 42 $12,220,000 $290,952 $2,933 6.81%
    $75k-100k 42 $9,300,000 $221,429 $2,513 6.64%
    $50k-75k 37 $5,805,000 $156,892 $2,276 6.81%
    $50k or less 23 $2,185,000 $95,000 $1,831 6.55%
    $250k+ 11 $3,805,000 $345,909 $2,241 7.07%

    Central National Bank lent most frequently to those with incomes in the $100k-150k range, with 59 originations. The second most popular income band? $150k-250k, with 42 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 53 $11,245,000 $212,170 $2,264 6.76%
    30-36% 33 $7,445,000 $225,606 $2,093 6.71%
    <20% 15 $2,065,000 $137,667 $1,641 6.69%
    50-60% 13 $3,625,000 $278,846 $4,788 6.52%
    45% 13 $2,845,000 $218,846 $2,419 6.58%
    46% 9 $2,395,000 $266,111 $3,166 6.92%
    40% 8 $1,730,000 $216,250 $2,103 6.94%
    39% 8 $2,030,000 $253,750 $3,341 6.45%
    43% 8 $2,310,000 $288,750 $3,012 6.53%
    36% 7 $1,265,000 $180,714 $1,897 7.20%
    41% 7 $1,355,000 $193,571 $2,097 6.82%
    48% 5 $1,645,000 $329,000 $3,681 6.93%
    44% 5 $955,000 $191,000 $2,000 7.25%
    37% 4 $1,060,000 $265,000 $1,927 5.81%
    42% 4 $770,000 $192,500 $1,421 6.53%
    49% 4 $990,000 $247,500 $1,604 6.56%
    38% 3 $805,000 $268,333 $2,819 6.63%
    47% 3 $945,000 $315,000 $3,077 6.75%

    Central National Bank lent most frequently to those with DTI ratios of 20-30%, with 53 originations. The next most common DTI ratio? 30-36%, with 33 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 198 $42,980,000 $217,071 $2,396 6.84%
    Not applicable 52 $14,810,000 $284,808 $0 7.71%
    Asian 7 $2,075,000 $296,429 $3,649 6.25%
    Black 5 $1,485,000 $297,000 $3,787 6.63%
    Not provided 6 $690,000 $115,000 $3,540 6.79%
    Native Hawaiian or Islander 2 $450,000 $225,000 $899 6.88%
    American Indian 2 $320,000 $160,000 $2,178 6.50%

    Approval Rates

    Total approvals of all applications
    88.47%

    Central National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.40%

    Central National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 272 $62,810,000 $230,919

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    272 $62,810,000 $230,919

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 11 $1,495,000 $135,909 $1,890 7.30%
    40-60% 31 $5,085,000 $164,032 $1,946 7.35%
    60-80% 89 $25,345,000 $284,775 $2,521 7.12%
    80-100% 129 $29,745,000 $230,581 $2,504 6.73%
    Over 100% 2 $520,000 $260,000 $5,880 6.63%
    Under 20% 10 $620,000 $62,000 $0 7.61%