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
Jump to:
Mortgage Data
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, Jacksonville, Ottawa, and Peoria 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 above average approval rate when compared to the average across all lenders. They have a below 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.
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.
Originations
36Origination Dollar Volume (All Markets)
$2,500,000Top 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) | 20 | $1,260,000 | $63,000 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $0 | 0.00% |
| Jacksonville, IL (FHA|USDA|VA) | 7 | $375,000 | $53,571 | $0 | 0.00% |
| Ottawa, IL (FHA|USDA|VA) | 3 | $125,000 | $41,667 | $0 | 0.00% |
| PEORIA, IL (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| Galesburg, IL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 36 | $2,500,000 | $69,444 | $0 | 0.00% |
For 2019, Community State Bank's most frequently originated type of loan was Conventional, with 36 originations.
Loan Reason
For 2019, Community State Bank's most frequently cited loan purpose was Home Purchase, with 17 originations. The 2nd most popular reason was Refi, with 12 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 36 | $2,500,000 | $69,444 | $0 | 0.00% |
For 2019, Community State Bank's most frequently cited loan duration was Other, with 36 originations.
Loan Sizing
2019 saw Community State Bank place emphasis on $100,000 or less loans with 30 originations, totaling $1,400,000 in origination value.
Applicant Income
Community State Bank lent most frequently to those with incomes in the $50k or less range, with 13 originations. The second most popular income band? $50k-75k, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 36 | $2,500,000 | $69,444 | $0 | 0.00% |
Community State Bank lent most frequently to those with DTI ratios of Exempt%, with 36 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 35 | $2,445,000 | $69,857 | $0 | 0.00% |
| Not applicable | 1 | $55,000 | $55,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications90.91%
Community State Bank has an average approval rate.
Pick Rate
Approvals leading to origination88.89%
Community State Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 36 | $2,500,000 | $69,444 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| COMMUNITY BANK SYSTEM, INC. | Conventional home mortgage | Closing on a mortgage | 1 | 20.0% |
| COMMUNITY BANK SYSTEM, INC. | Conventional home mortgage | Trouble during payment process | 3 | 60.0% |
| COMMUNITY BANK SYSTEM, INC. | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 1 | 20.0% |