Community State Bank Mortgage Rates, Fees & Info

GALVA, IL

LEI: 254900MHEKUVX1BTCD10

Tax ID: 36-3089214

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
  • Complaints
  • 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

    Community State Bank is a smaller bank specializing in Home Purchase and Refi loans. Community State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Davenport, Daphne, Springfield, Ottawa, and Jacksonville among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Community State Bank has an average approval rate when compared to the average across all 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

    34

    Origination Dollar Volume (All Markets)

    $2,630,000

    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
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 24 $1,560,000 $65,000 $0 0.00%
    Outside of Metro Areas 3 $355,000 $118,333 $0 0.00%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $275,000 $275,000 $0 0.00%
    SPRINGFIELD, IL (FHA|USDA|VA) 2 $190,000 $95,000 $0 0.00%
    Ottawa, IL (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
    Jacksonville, IL (FHA|USDA|VA) 2 $90,000 $45,000 $0 0.00%
    PEORIA, IL (FHA|USDA|VA) 1 $35,000 $35,000 $0 0.00%
    Community State Bank's top markets include Davenport, Daphne, Springfield, Ottawa, and Jacksonville among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 34 $2,630,000 $77,353 $0 0.00%

    For 2018, Community State Bank's most frequently originated type of loan was Conventional, with 34 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 22 $1,860,000 $84,545 $0 0.00%
    Refi 9 $655,000 $72,778 $0 0.00%
    Other 2 $80,000 $40,000 $0 0.00%
    Home Improvement 1 $35,000 $35,000 $0 0.00%

    For 2018, Community State Bank's most frequently cited loan purpose was Home Purchase, with 22 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 34 $2,630,000 $77,353 $0 0.00%

    For 2018, Community State Bank's most frequently cited loan duration was Other, with 34 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 26 $1,160,000 $44,615 $0 0.00%
    $100k-200k 5 $645,000 $129,000 $0 0.00%
    $200k-400k 3 $825,000 $275,000 $0 0.00%

    2018 saw Community State Bank place emphasis on $100,000 or less loans with 26 originations, totaling $1,160,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 13 $705,000 $54,231 $0 0.00%
    $50k or less 8 $630,000 $78,750 $0 0.00%
    $100k-150k 7 $745,000 $106,429 $0 0.00%
    $75k-100k 3 $195,000 $65,000 $0 0.00%
    $150k-250k 2 $310,000 $155,000 $0 0.00%

    Community State Bank lent most frequently to those with incomes in the $50k-75k range, with 13 originations. The second most popular income band? $50k or less, with 8 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 34 $2,630,000 $77,353 $0 0.00%

    Community State Bank lent most frequently to those with DTI ratios of Exempt%, with 34 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 32 $2,490,000 $77,813 $0 0.00%
    Asian Indian 1 $95,000 $95,000 $0 0.00%
    Not applicable 1 $45,000 $45,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    80.95%

    Community State Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 34 $2,630,000 $77,353

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $85,000 $85,000
    Single Family (1-4 Units):Site-Built 33 $2,545,000 $77,121

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Community Lending of America, Inc. VA mortgage Closing on a mortgage 1 100.0%