Kearney Trust Company Mortgage Rates, Fees & Info

Kearney, MO

LEI: 254900OI3V8V16I60I06

Tax ID: 44-0310650

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
  • 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

    Kearney Trust Company is a smaller mortgage company specializing in Home Purchase and Refi loans. Kearney Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Kansas City, Phoenix, Daphne, Warrensburg, and Rolla among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Kearney Trust Company has an above average approval rate when compared to the average across all lenders. They have an above 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.

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    Originations

    66

    Origination Dollar Volume (All Markets)

    $13,130,000

    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
    KANSAS CITY, MO-KS (FHA|USDA|VA) 60 $11,370,000 $189,500 $0 0.00%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $1,150,000 $575,000 $0 0.00%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $275,000 $275,000 $0 0.00%
    Warrensburg, MO (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
    Outside of Metro Areas 1 $95,000 $95,000 $0 0.00%
    Rolla, MO (FHA|USDA|VA) 1 $85,000 $85,000 $0 0.00%
    Kearney Trust Company's top markets include Kansas City, Phoenix, Daphne, Warrensburg, and Rolla among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 66 $13,130,000 $198,939 $0 0.00%

    For 2022, Kearney Trust Company's most frequently originated type of loan was Conventional, with 66 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 36 $7,930,000 $220,278 $0 0.00%
    Refi 17 $3,195,000 $187,941 $0 0.00%
    Home Improvement 10 $1,820,000 $182,000 $0 0.00%
    Other 3 $185,000 $61,667 $0 0.00%

    For 2022, Kearney Trust Company's most frequently cited loan purpose was Home Purchase, with 36 originations. The 2nd most popular reason was Refi, with 17 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 66 $13,130,000 $198,939 $0 0.00%

    For 2022, Kearney Trust Company's most frequently cited loan duration was Other, with 66 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 22 $1,270,000 $57,727 $0 0.00%
    $100k-200k 22 $3,050,000 $138,636 $0 0.00%
    $200k-400k 16 $4,570,000 $285,625 $0 0.00%
    $400k-600k 3 $1,465,000 $488,333 $0 0.00%
    $600k-1MM 2 $1,520,000 $760,000 $0 0.00%
    $1MM+ 1 $1,255,000 $1,255,000 $0 0.00%

    2022 saw Kearney Trust Company place emphasis on $100,000 or less loans with 22 originations, totaling $1,270,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 11 $1,705,000 $155,000 $0 0.00%
    $150k-250k 10 $2,480,000 $248,000 $0 0.00%
    $50k-75k 9 $1,255,000 $139,444 $0 0.00%
    $100k-150k 7 $1,565,000 $223,571 $0 0.00%
    $250k+ 7 $2,775,000 $396,429 $0 0.00%
    $50k or less 7 $395,000 $56,429 $0 0.00%

    Kearney Trust Company lent most frequently to those with incomes in the $75k-100k range, with 11 originations. The second most popular income band? $150k-250k, with 10 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 66 $13,130,000 $198,939 $0 0.00%

    Kearney Trust Company lent most frequently to those with DTI ratios of Exempt%, with 66 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 50 $10,230,000 $204,600 $0 0.00%
    Not applicable 14 $2,650,000 $189,286 $0 0.00%
    Asian 1 $175,000 $175,000 $0 0.00%
    American Indian 1 $75,000 $75,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    Kearney Trust Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    90.91%

    Kearney Trust Company has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 66 $13,130,000 $198,939

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    66 $13,130,000 $198,939