Community State Bank Mortgage Rates, Fees & Info
GALVA, ILLEI: 254900MHEKUVX1BTCD10
Tax ID: 36-3089214
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Community State Bank is a smaller bank specializing in Home Purchase loans. Community State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Davenport, Ottawa, Jacksonville, Chicago, and Galesburg among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Community State Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
24Origination Dollar Volume (All Markets)
$1,790,000Top 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 |
|---|---|---|---|---|---|
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 12 | $1,090,000 | $90,833 | $0 | 0.00% |
| Ottawa, IL (FHA|USDA|VA) | 4 | $280,000 | $70,000 | $0 | 0.00% |
| Jacksonville, IL (FHA|USDA|VA) | 4 | $170,000 | $42,500 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Galesburg, IL (FHA|USDA|VA) | 2 | $70,000 | $35,000 | $0 | 0.00% |
| Dixon, IL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 24 | $1,790,000 | $74,583 | $0 | 0.00% |
For 2023, Community State Bank's most frequently originated type of loan was Conventional, with 24 originations.
Loan Reason
For 2023, Community State Bank's most frequently cited loan purpose was Home Purchase, with 16 originations. The 2nd most popular reason was Home Improvement, with 3 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 24 | $1,790,000 | $74,583 | $0 | 0.00% |
For 2023, Community State Bank's most frequently cited loan duration was Other, with 24 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100,000 or less | 19 | $855,000 | $45,000 | $0 | 0.00% |
| $100k-200k | 4 | $520,000 | $130,000 | $0 | 0.00% |
| $400k-600k | 1 | $415,000 | $415,000 | $0 | 0.00% |
2023 saw Community State Bank place emphasis on $100,000 or less loans with 19 originations, totaling $855,000 in origination value.
Applicant Income
Community State 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 4 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 24 | $1,790,000 | $74,583 | $0 | 0.00% |
Community State Bank lent most frequently to those with DTI ratios of Exempt%, with 24 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.00%
Community State Bank has an average approval rate.
Pick Rate
Approvals leading to origination87.50%
Community State Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 24 | $1,790,000 | $74,583 |