Central National Bank Mortgage Rates, Fees & Info

Junction City, KS

LEI: 254900L3UJN7196A5W71

Tax ID: 48-1174053

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

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  • 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

    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: Kansas City, Wichita, Omaha, Manhattan, and Topeka among others. We have data for 26 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 about average 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% 4/21/24
    30 Year Conventional Refi 6.73% 4/21/24
    30 Year Cash-out Refi 6.76% 4/21/24
    30 Year FHA Purchase 7.25% 4/21/24
    30 Year FHA Refi 6.27% 4/21/24
    30 Year VA Purchase 6.37% 4/21/24
    30 Year VA Refi 6.64% 4/21/24
    15 Year Conventional Purchase 6.00% 4/21/24
    15 Year Conventional Refi 5.86% 4/21/24
    15 Year Cash-out Refi 5.86% 4/21/24
    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.

    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

    479

    Origination Dollar Volume (All Markets)

    $110,685,000
    Show all (9) 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
    KANSAS CITY, MO-KS (FHA|USDA|VA) 54 $27,330,000 $506,111 $2,539 4.87%
    WICHITA, KS (FHA|USDA|VA) 55 $15,835,000 $287,909 $1,990 5.25%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 52 $14,120,000 $271,538 $2,647 4.76%
    MANHATTAN, KS (FHA|USDA|VA) 84 $13,830,000 $164,643 $2,324 5.07%
    Outside of Metro Areas 88 $12,160,000 $138,182 $2,091 4.66%
    TOPEKA, KS (FHA|USDA|VA) 51 $9,955,000 $195,196 $2,132 4.82%
    Salina, KS (FHA|USDA|VA) 29 $4,265,000 $147,069 $1,916 5.10%
    LAWRENCE, KS (FHA|USDA|VA) 13 $3,545,000 $272,692 $1,000 4.56%
    Great Bend, KS (FHA|USDA|VA) 13 $1,815,000 $139,615 $3,768 5.34%
    Hays, KS (FHA|USDA|VA) 10 $1,640,000 $164,000 $0 5.17%
    North Platte, NE (FHA|USDA|VA) 4 $1,090,000 $272,500 $7,658 3.38%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $845,000 $845,000 $0 6.74%
    Ottawa, KS (FHA|USDA|VA) 5 $835,000 $167,000 $1,078 3.55%
    Norfolk, NE (FHA|USDA|VA) 5 $775,000 $155,000 $1,511 3.88%
    LINCOLN, NE (FHA|USDA|VA) 2 $400,000 $200,000 $1,682 4.44%
    SPRINGFIELD, MO (FHA|USDA|VA) 2 $390,000 $195,000 $1,260 4.56%
    Columbus, NE (FHA|USDA|VA) 1 $325,000 $325,000 $2,363 2.75%
    Emporia, KS (FHA|USDA|VA) 2 $320,000 $160,000 $1,193 5.56%
    Atchison, KS (FHA|USDA|VA) 1 $195,000 $195,000 $826 5.75%
    Maryville, MO (FHA|USDA|VA) 1 $185,000 $185,000 $890 4.50%
    Kearney, NE (FHA|USDA|VA) 1 $165,000 $165,000 $2,739 3.00%
    Fremont, NE (FHA|USDA|VA) 1 $165,000 $165,000 $1,795 2.50%
    COLUMBIA, MO (FHA|USDA|VA) 1 $155,000 $155,000 $1,697 3.88%
    JOPLIN, MO (FHA|USDA|VA) 1 $145,000 $145,000 $3,015 3.75%
    Lexington, NE (FHA|USDA|VA) 1 $105,000 $105,000 $2,474 2.63%
    McPherson, KS (FHA|USDA|VA) 1 $95,000 $95,000 $1,296 5.13%
    Central National Bank's top markets include Kansas City, Wichita, Omaha, Manhattan, and Topeka among others.

    Their top states include:
  • Kansas (FHA|USDA|VA)
  • Nebraska (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Iowa (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.

    The Farmers State Bank of Westmoreland
    Similarity Rank: 28
    PANHANDLE FEDERAL CREDIT UNION
    Similarity Rank: 34
    CoreFirst Bank & Trust
    Similarity Rank: 70
    SKYWARD
    Similarity Rank: 124
    HOME BANK AND TRUST COMPANY
    Similarity Rank: 126
    Azura Credit Union
    Similarity Rank: 150
    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 175
    METRO CU
    Similarity Rank: 176
    Members Mortgage Services, L.L.C.
    Similarity Rank: 198
    CENTRIS FEDERAL CREDIT UNION
    Similarity Rank: 225

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 423 $98,585,000 $233,061 $1,850 4.85%
    FHA 33 $6,355,000 $192,576 $4,449 5.21%
    VA 23 $5,745,000 $249,783 $4,490 4.62%

    For 2022, Central National Bank's most frequently originated type of loan was Conventional, with 423 originations. Their 2nd most popular type was FHA, with 33 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 340 $73,270,000 $215,500 $2,309 4.99%
    Cash Out Refi 61 $10,415,000 $170,738 $2,187 4.01%
    Refi 58 $17,200,000 $296,552 $1,786 4.94%
    Home Improvement 10 $8,620,000 $862,000 $0 5.70%
    Other 10 $1,180,000 $118,000 $2,541 4.61%

    For 2022, Central National Bank's most frequently cited loan purpose was Home Purchase, with 340 originations. The 2nd most popular reason was Cash Out Refi, with 61 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 281 $60,895,000 $216,708 $2,347 4.91%
    20 Year 83 $23,215,000 $279,699 $2,174 5.19%
    15 Year 81 $11,015,000 $135,988 $1,950 4.14%
    Other 17 $13,855,000 $815,000 $0 4.99%
    1 Year 9 $1,255,000 $139,444 $0 6.09%
    10 Year 6 $380,000 $63,333 $0 5.41%
    5 Year 2 $70,000 $35,000 $0 5.83%

    For 2022, Central National Bank's most frequently cited loan duration was 30 Year, with 281 originations. The 2nd most popular length was 20 Year, with 83 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 287 $56,305,000 $196,185
    $1k-2k 41 $8,335,000 $203,293
    $2k-3k 10 $2,290,000 $229,000
    $5k+ 5 $2,155,000 $431,000
    $3k-4k 4 $1,560,000 $390,000
    $4k-5k 3 $935,000 $311,667

    Central National Bank's average total fees were $2,347, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 287 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 154 $44,090,000 $286,299
    4-5% 114 $22,580,000 $198,070
    3-4% 113 $25,685,000 $227,301
    6-7% 54 $12,010,000 $222,407
    7-8% 16 $1,900,000 $118,750
    2.5-3% 15 $2,715,000 $181,000
    <2.5% 13 $1,705,000 $131,154

    During 2022, Central National Bank's average interest rate for loans was 4.91%, while their most frequently originated rate bucket for loans was 5-6%, with 154 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 176 $25,830,000 $146,761 $2,013 4.80%
    $200k-400k 153 $41,455,000 $270,948 $2,454 4.77%
    $100,000 or less 109 $7,335,000 $67,294 $1,503 5.02%
    $400k-600k 24 $10,990,000 $457,917 $2,906 5.05%
    $600k-1MM 9 $6,405,000 $711,667 $13,219 4.99%
    $1MM+ 8 $18,670,000 $2,333,750 $0 5.18%

    2022 saw Central National Bank place emphasis on $100k-200k loans with 176 originations, totaling $25,830,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 110 $17,820,000 $162,000 $1,976 4.69%
    $100k-150k 98 $22,950,000 $234,184 $2,370 4.76%
    $50k or less 67 $6,365,000 $95,000 $1,670 4.73%
    $150k-250k 56 $16,200,000 $289,286 $2,868 4.95%
    $75k-100k 52 $10,450,000 $200,962 $2,529 4.57%
    $250k+ 16 $4,170,000 $260,625 $6,096 5.03%

    Central National Bank lent most frequently to those with incomes in the $50k-75k range, with 110 originations. The second most popular income band? $100k-150k, with 98 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 88 $15,550,000 $176,705 $1,993 4.43%
    30-36% 74 $15,460,000 $208,919 $2,513 4.79%
    <20% 39 $7,135,000 $182,949 $1,975 4.34%
    50-60% 17 $4,355,000 $256,176 $3,734 5.19%
    45% 15 $2,735,000 $182,333 $2,223 4.71%
    36% 15 $2,975,000 $198,333 $2,100 5.49%
    44% 13 $2,145,000 $165,000 $2,605 5.16%
    39% 12 $2,090,000 $174,167 $1,664 4.00%
    37% 12 $2,580,000 $215,000 $2,051 4.64%
    42% 11 $3,035,000 $275,909 $2,017 5.02%
    38% 11 $2,655,000 $241,364 $1,791 5.20%
    41% 11 $2,235,000 $203,182 $2,881 4.57%
    40% 11 $2,335,000 $212,273 $1,341 4.48%
    43% 9 $1,875,000 $208,333 $1,882 4.56%
    46% 7 $1,735,000 $247,857 $4,555 4.88%
    47% 7 $1,215,000 $173,571 $3,444 4.75%
    48% 7 $1,445,000 $206,429 $1,144 4.88%
    49% 5 $1,425,000 $285,000 $2,160 4.98%

    Central National Bank lent most frequently to those with DTI ratios of 20-30%, with 88 originations. The next most common DTI ratio? 30-36%, with 74 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 369 $69,235,000 $187,629 $2,168 4.75%
    Not applicable 73 $31,835,000 $436,096 $0 5.46%
    Asian 14 $3,780,000 $270,000 $2,664 4.83%
    Black 10 $2,870,000 $287,000 $2,844 4.58%
    Not provided 5 $1,275,000 $255,000 $10,867 4.90%
    Asian Indian 3 $785,000 $261,667 $1,537 5.17%
    Other Asian 1 $355,000 $355,000 $3,748 5.00%
    Native Hawaiian 1 $345,000 $345,000 $2,558 5.25%
    Vietnamese 1 $105,000 $105,000 $0 5.38%
    Japanese 1 $65,000 $65,000 $698 5.13%
    Filipino 1 $35,000 $35,000 $0 6.00%

    Approval Rates

    Total approvals of all applications
    89.27%

    Central National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.22%

    Central National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 479 $110,685,000 $231,075

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    479 $110,685,000 $231,075

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 31 $6,495,000 $209,516 $1,695 4.94%
    40-60% 51 $12,635,000 $247,745 $2,174 4.50%
    60-80% 179 $47,375,000 $264,665 $2,216 4.86%
    80-100% 201 $41,635,000 $207,139 $2,309 4.93%
    Over 100% 2 $510,000 $255,000 $8,810 4.88%
    Under 20% 14 $1,860,000 $132,857 $904 5.19%